The Price Action Buy And Sell Signals Forex indicator for Metatrader 4 paints buy and sell arrows based on price action movements.
Use it in agreement with the longer currency trend.
For example check the trend on the higher time frames and trade signals from this indicator in the direction of the trend. Don’t use it in flat markets.
Trading Signals
Buy: Wait for the green arrow.
Sell: Wait for the pink arrow.
Recommended: Trade in the direction of the overall trend.
Indicator Preferences
Currency pairs: any
Preferred Time frames: Suitable for 5 min charts and above.
Sessions: London and US for time frame’s up to 1 hour, 24 hours/day for time frame’s above 1 hour.
Download
Download the priceactiontrend.mq4 indicator.
Configurable Indicator Options
Colors
How to install the Price Action Buy & Sell Signals custom indicator in Metatrader 4?
- Download the priceactiontrend.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.