The AFIRMA Forex indicator for MT4 is a popular trend indicator that delivers great entry & exit signals for any currency pair.
After loading the AFIRMA indicator on the chart, the indicator pops up in the form of a dual blue/red colored signal line.
The indicator works in both trending and sideways environments.
- A blue colored AFIRMA signal line suggests an up trending market.
- A red colored AFIRMA signal line suggests a down trending market.
For scalping and day trading, it’s recommended to use the indicator in the London and U.S. trading sessions for best performance.
Indicator Example Chart (EUR/USD M15)
How to trade with it (example)?
Consider to open a long position as soon as the AFIRMA signal line turns back to blue color.
Consider to open a short position as soon as the AFIRMA signal line turns back to red color.
Exit the trade when an opposite trading signal appears on the chart.
Set a stop loss above or below the previous swing high or low price.
Feel free to use your own favorite trading method to open and close trades with the AFIRMA Forex indicator.
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Periods, taps, window, color settings & style
Indicator type: trend
Repaint? Does not repaint the dual colored signal line.
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 afirma-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.