The Strategy Checklist Metatrader 4 indicator allows you to define your own strategy rules directly from the indicator’s input tab (see the picture more down below).
For example, you could enter the following strategy rules:
- 10 EMA is above the 20 EMA
- RSI is above 75
- Price is away from support/resistance
- Price is making higher highs and higher lows
The AUD/CHF Daily chart below shows the Strategy Checklist forex indicator in action.
Basic Trading Signals
Write the strategy checklist rules in the indicator’s input tab.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart pattern indicator
Customization options: Variable (Window Position, Check01, Check02,…) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Strategy Tester
Copy and paste the FXTT_MTF_StrategyChecklist.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)