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Sadukey Metatrader 4 Indicator

    The Sadukey indicator for MT4 is another trend following indicator developed for the Metatrader 4 platform.

    Red dots indicate an up trending market. Blue dots indicate a down trending market.

    Use in conjunction with other technical analysis tools to create a complete Forex trading system.

    Stop Loss Placement

    A stop loss will be placed a few pips above the first blue dot for sell trades.

    On the contrary, a stop loss will be placed a few pips below the first red dot for buy trades.

    Trail your stop 1 pip below the red dots for buy trades.

    Trail your stop 1 above the blue dots for sell trades.


    Download the Sadukey.mq4 indicator.

    EUR/USD Daily Chart Example


    How to install the Sadukey custom indicator in Metatrader 4?

    • Download the Sadukey.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.