The Forex Buy Sell Indicator for MT4 is a straightforward tool that provides BUY and SELL arrow signals based on bullish and bearish market conditions. In addition to visual arrows, the indicator supports sound, message, and SMS alerts, ensuring traders never miss a trade.
This indicator is suitable for new and experienced traders and works effectively on all intraday, daily, weekly, and monthly charts. It is free to download and easy to install, making it a practical choice for forex trading.
The indicator plots arrows directly on the MT4 chart to indicate trading opportunities:
White arrows = BUY signals
Red arrows = SELL signals
Traders can use these arrows as entry points and exit at the opposite arrow signal or according to their preferred risk management strategy. Enabling the TradeLineON option draws a white line connecting the trading signals for easier trend visualization.
The AveragingPeriod input can be adjusted to refine signals.
Higher AveragingPeriod values produce fewer signals but capture longer trends.
Traders can use the indicator for multi-timeframe analysis (MTF), identifying trends on a higher timeframe and entering trades on a lower timeframe at optimal prices.
Wait for a white arrow to appear on the chart.
Enter a BUY trade and set Stop Loss and Take Profit at the opposite signal or according to your strategy.
Wait for a red arrow indicating a bearish trend.
Open a SELL trade and manage the position until an opposite signal appears.
This simple approach helps traders catch market trends efficiently and enhances decision-making in both bullish and bearish conditions.
Provides clear and easy-to-read BUY and SELL signals
Works across all timeframes for intraday and swing trading
Supports sound, message, and SMS alerts
Easy to customize and install
Free download, suitable for both beginners and professionals
Multi-timeframe capability improves entry precision and trend analysis
The Forex Buy Sell Indicator for MT4 is an essential tool for traders seeking simple, reliable entry and exit signals. With white and red arrow signals, alert notifications, and multi-timeframe support, this indicator allows traders to confidently trade bullish and bearish market conditions. The indicator is free to download and easy to install, making it accessible for all MT4 users.
For more free MT4 and MT5 indicators, visit IndicatorForest.com.
Published:
Nov 25, 2025 01:06 AM
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