The Forex Indicator Pro MT4 is a signal indicator for MetaTrader 4 and is designed to indicate potential entry and exit trade signals directly on the main chart. It displays green and red arrows to mark optimal trading points. Arrows indicate a shift in trend helping to enter the market at the start of a direction change. A green arrow signals an opportunity to go long (buy), while a red arrow suggests a potential short-selling (sell) opportunity. Consequently, forex traders can leverage these signals to execute trades effectively. What sets this indicator is its versatility and adaptability across all time frames, making it suitable for both scalpers and long-term traders. It is also highly customizable, with additional alert options, making it an invaluable asset for traders aiming to identify potential entry and exit points.
This indicator is suitable for traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, for additional confirmation of trading entries or exits.
Indicator Settings
How to Install Forex Indicator Pro MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
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