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2 Bar Reversal Forex Indicator (MT4)

    The 2 Bar Reversal Forex indicator provides buy & sell signals based on the 2 bar reversal trading pattern.

    It’s a non-repaint trading signal indicator for Metatrader 4 that works on pure price action.

    Key Points:

    • A blue colored 2 Bar Reversal indicator arrow represents a buy trade opportunity.
    • A red colored 2 Bar Reversal indicator arrow represents a sell trade opportunity.

    Free Download

    Download the “2-bar-reversal-indicator.mq4” indicator for MT4

    Indicator Example Chart (EUR/USD H4)

    How to trade with it?

    Open a buy trade order as soon as the blue colored 2 Bar Reversal indicator arrow appears on the chart.

    Open a sell trade order as soon as the red colored 2 Bar Reversal indicator arrow appears on the chart.

    Feel free to use your own favorite trading methods to open and close trades with the 2 Bar Reversal arrow Forex indicator .

    Indicator Specifications

    Trading Platform: Developed for Metatrader 4 (MT4)

    Currency pairs: Works for any pair

    Time frames: Works for any time frame

    Input Parameters: Color settings & style

    Indicator type: Signals

    Repaint? Does not repaint the 2 bar reversal arrows.

    Download Now

    Download the “2-bar-reversal-indicator.mq4” indicator for Metatrader 4

    Installation:

    Open the Metatrader 4 platform

    From the top menu, click on “File”

    Then click on “Open Data Folder”

    Then double click with your mouse button on “MQL4”

    Now double click on “Indicators”

    Paste the 2-bar-reversal-indicator.mq4 indicator in the Indicators folder.

    Finally restart the MT4 platform and attach the indicator to any chart.

    How to remove the indicator?

    Click with your right mouse button in the chart with the indicator attached onto it.

    Select “Indicator List” from the drop down menu.

    Select the indicator and press delete.

    How to edit the indicator’s inputs and parameters?

    Right click with your mouse button in the chart with the indicator attached onto it.

    From the drop down menu, click on indicators list.

    Select the indicator from the list and press edit.

    Now you can edit the indicator.

    Finally, press the OK button to save the updated configuration.

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