The Massive FX Profit forex indicator for Metatrader 4 is a profitable buy and sell signals indicator enhanced with useful market insights.
First and foremost, the Massive FX Profit forex indicator displays easy to read buy and sell trend trading signals.
- A green arrow displays a signal to buy the pair
- A red arrow displays a signal to sell the pair
The indicator measures trend strength and displays the outcome in the upper left corner of the activity chart.
The trend could be either weak or strong. It isn’t recommend to take any new signals when trend strength is weak. Just wait for the next trade opportunity.
Furthermore, the Massive FX Profit MT4 indicator shows you the current trend direction (up or down), last arrow signal, current pair and time frame.
Scalpers, day traders and swing traders can benefit from this awesome forex indicator.
The EUR/USD Daily chart below displays the Massive FX Profit Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the Massive FX Profit MT4 forex indicator are easy to interpret and goes as follows:
Buy Signal: A valid buy signal occurs when a green arrow appears on the chart AND trend strength is strong (displayed in upper left corner of the chart).
Sell Signal: A valid sell signal occurs when a red arrow appears on the chart AND trend strength is strong (displayed in upper left corner of the chart).
Trade Exit: Close the open buy/sell trade when an opposite signal occurs, or use your own method of trade exit.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (Arrow period, SL, TP, Use alerts, Email alerts) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Trend Signals
Copy and paste the massive-fx-profit.mq4 indicator 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)