Yzyz Indicator
Back to products
Linear Regression Line
MT4
Watch video
Click to enlarge

Trading Signals

The Trading Signals indicator for MT4 analyzes and displays BUY/SELL signals automatically. It is a great tool for identifying profitable trading opportunities in the Forex market.

Trading Style

,

Indicator Type

Timeframe

,

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 406

Download now
Description

The Trading Signals indicator for MT4 is a Forex indicator that follows the trend, identifies an optimal reversal zone, and displays a BUY or SELL entry. It is a chat-friendly and easy-to-use indicator for identifying short and medium-term trading opportunities.

This technical indicator can be used as a stand-alone tool for BUY and SELL trading decisions. However, to get the best out of the indicator, it is recommended to be used as confluence with price action/other technical indicators for high-probability setups.

Features of the Trading Signals Indicator for MT4

The indicator analyzes the market conditions for potential trend reversal zones. It displays AQUA and RED arrows as signals to enter a buy or sell position once it identifies a possible change in the market trend.

So, traders can open a BUY position when the indicator paints an aqua arrow and SELL when it paints a red arrow. However, the indicator’s signals are more reliable in a trending market condition. For instance, in a bullish market, traders can wait only for the BUY signals (aqua arrows) to join the trend after a pullback.

Benefits of Using the Indicator

  • Time-Saving: The Trading Signals Indicator for MT4 automatically analyzes the Forex market and generates BUY/SELL signals, thereby saving traders time on market analysis.
  • Trade Confirmation: The indicator is an incredible tool that can come in handy as a confluence with price action/other technical indicators to confirm the trend direction.
  • Easy to Use: The indicator’s signals are easy to interpret, making it a suitable tool for even a novice trader.

Indicator Settings Parameter

The indicator comes with the following customizable settings:

Dist: Determines how often trading signals are displayed. The higher the value the less the signals, while the lower the value, the more the signals

ArrowPosition: Determines the distance between the arrow signals and the candlestick bars.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Trading Signals”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

Half Trend Buy Sell

Half Trend Buy Sell MT4 Indicator - Precise trend signals with non-repainting arrows for forex trading. Optimal entries and exits. Amplitude, arrow, and alert settings are available.
MT4
Quick view
Add to wishlist

Forex Entry Point

Discover a powerful Forex Entry Point Indicator for MT4. Get clear buy and sell signals and customizable features, and never miss a trading opportunity!
MT4
Quick view
Add to wishlist

RSI Divergence

Enhance trading precision with the RSI Divergence indicator. Overcome signal challenges by leveraging divergence signals, which is vital for identifying potential market reversals. Customize settings, draw trendlines, and receive alerts for good trading decisions. Explore the power of the RSI Divergence indicator in assessing market conditions.
MT4
Quick view
Add to wishlist

Candle Patterns

,
The Candle Patterns MT4 Indicator is the best Forex indicator for candlestick pattern recognition. Each pattern is displayed on the chart with a unique color code, making it easy to distinguish between them.
HotMT4
Quick view
Add to wishlist

Super Arrow

The Super Arrow Indicator is a forex tool for MT4 that generates high-probability trading signals by using multiple indicators such as Moving Averages, Relative Strength Index, Bollinger Bands, and Magic Filter. It filters out false signals and provides good trade signals by combining these indicators.
MT4
Quick view
Add to wishlist

SSL Channel Chart Alert

,
Better your forex trading with the SSL Channel Chart Alert Indicator. Seamlessly combining Moving Averages, it offers clear buy and sell signals for trend traders. Benefit from non-repainting signals and easy-to-use settings.
MT4
Quick view
Add to wishlist

Keltner Channel With Signals

,
The Keltner Channel with Signals Indicator is a popular and free forex indicator that runs on the MT4 platform. This is a new and innovative tool that uses the Keltner Channel as the basis for generating trading signals, helping traders identify potential trading opportunities. Use the Keltner Channel with Signals Indicator as a powerful tool that can help traders succeed in the forex market.
MT4
Quick view
Add to wishlist

Schaff Trend Cycle

,
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.