The Forex Invincible Signals indicator for MT4 provides you with real buy/sell trading signals and some useful account information delivered on the activity chart.
- A blue up pointing arrow represents a signal to buy the currency pair.
- A red down pointing arrow represents a signal to sell the currency pair.
Play with the SR period indicator setting to suit your preferences.
Furthermore, the indicator provides you with the following MT4 account information:
Broker data: Your broker name
Account data: Your name, Your MT4 account number, Leverage, Balance, Currency and Equity
Margin data: Free margin and used margin.
Download the “forex-invincible-signals.mq4” MT4 indicator
The EUR/USD 15-Minute chart below displays the Forex Invincible Signals Metatrader 4 indicator in action.
Basic Trading Signals
Signals from the Forex Invincible Signals MT4 indicator are easy to interpret and goes as follows:
Buy Signal: Open long trade when the indicator paints a blue arrow on the MT4 chart. Place a stop loss slightly below short-term support.
Sell Signal: Open sell trade when the indicator paints a red arrow on the MT4 chart. Place a stop loss slightly above short-term resistance.
Trade Exit : Use your own method of trade exit.
Download the “forex-invincible-signals.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (alert, SR period) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the forex-invincible-signals.mq4 into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)