The free foreign exchange indicator for MetaTrader 4 can be utilized during the most volatile exchanging sessions such as the London and US.

Exchanging Signals

For purchase: The indicator turns from red to green in color.

For auction: The indicator turns from green to red in color.

Exchange in the movement of the higher time frame. For instance, observe at the trend at the fifteen minutes chart when exchanging off the five minute chart. Take only exchanges in the movement of the fifteen minutes chart. This easy strategy allows us to refrain from most misleading scalping signals.


  1. This forex indicator can be utilized in any currency pairs.
  2. The recommended time frames are five minutes and fifteen minutes.
  3. The endorsed trading sessions for this foreign exchange indicator are London and the US.
  4. Intensity, Colors and Periods are the configurable options for this indicator.

The USD/JPY 5 Min Instance Chart

Danger-SignUtilize this forex Indicator at your own risk. 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.



Click Here To Download More Forex Indicators

Mike N
Mike N

Financial Trading Systems Design Expert

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.