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Short-term Forex Signals Metatrader 4 Indicator

The indicator is called the I_XO_A_H Forex indicator. It’s some kind of an momentum oscillator that provides bullish and bearish short-term signals.

  • Green bars plotted above the 0.00 are considered to be bullish.
  • Red bars below the 0.00 level are considered to be bearish.

Short-Term Trading Signals

Buy: Wait for the first green bar to appear.
Sell: Wait for the first red bar to appear.

Use in conjunction with trend following indicator(s) and/or trend analysis.

Indicator Preferences

Currency pairs: any
Time frames: any
Sessions: any (London & US for M1, M5 charts)


Download the I_XO_A_H.mq4 indicator.

Configurable Indicator Options


EUR/USD H1 Chart Example


How to install the Short-term Forex Signals custom indicator in Metatrader 4?

  • Download the I_XO_A_H.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.