The arbitrage foreign exchange indicator for MT4 sketches candlesticks in a sub window beneath the key exchanging chart. Each candlestick stands for the stronger against the weakest currency. For instance, in the USD/JPY beneath, yellow colored candlesticks stands for JPY > USD (price moves down). On the other hand, green colored candlesticks stands for USD > JPY (price moves up).

Exchanging Signals

For purchase signal: Pause for the arbitrage indicator to change green from yellow in color.

For auction signal: Pause for the arbitrage to change yellow from green in color.


  1. This indicator is suitable for GBP/USD, USD/JPY, USD/CHF, EUR/USD and EUR/JPY currency pairs.
  2. It is recommended for one minute time frame up to monthly charts.
  3. Applicable on any endorsed trading sessions.
  4. MACD, CCI, Stochastic, DeMarker, RSI, Colors, RVI and Periods are the configurable options for this forex indicator.

The USD/JPY One Hour Instance Chart


Danger-SignUtilize this forex Indicator at your own risk. WindsorForex cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.



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Mike N
Mike N

Financial Trading Systems Design Expert

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