The WPR T3 MTF with alerts & arrows indicator for Metatrader 4 is composed of the WPR with T3 technical indicators and it provides buy & sell signals.
It’s an enhanced version of the classic WPR T3 indicator.
It includes overbought and oversold signal arrows + MTF (multi time frame analysis) ready.
After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.
Key Points
- Identifies overbought and oversold levels
- Beginner friendly
- Works on all time frames.
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as an oversold/overbought technical tool.
Free Download
Download the “Wpr T3 (mtf + alerts + arrows).ex4” MT4 indicator
Indicator Example Chart
The USD/JPY 1-hour chart below shows the WPR T3 MTF With Alerts & Arrows Forex indicator in action.
Basic Trading Signals
BUY:
- A buy signal is given when green WPR T3 signal arrow appears on the chart and the underlying trend is clearly upward.
- Set stop loss below technical support.
- Exit the buy trade for a predetermined profit target or wait for a sell signal.
SELL:
- A sell signal is given when red WPR T3 signal arrow appears on the chart and the underlying trend is clearly downward.
- Set stop loss technical resistance.
- Exit the sell trade for a predetermined profit target or wait for a buy signal.
Download This Forex Indicator
Download the “Wpr T3 (mtf + alerts + arrows).ex4” MT4 indicator
Adjustable Parameters & Settings
WPR period, T3 period, T3 hot, overbought level, oversold level, alerts, colors, style
Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.
More Info About This Indicator
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: any
Indicator Type: overbought/oversold
How to install the WPR T3 MTF With Alerts & Arrows indicator in Metatrader 4?
- Copy and paste the Wpr T3 (mtf + alerts + arrows).ex4 indicator into the MQL4 indicators folder.
- You can access this folder from the top menu as follows:
- File > Open Data Folder > MQL4 > Indicators (paste here)
How to remove the indicator from the chart?
- Right click in the chart
- Select indicators list
- Click on the indicator’s name
- Click on the delete button