Peak Buy Sell Indicator

Peak Buy Sell Indicator

The Peak Buy Sell Indicator for MT4 is a specialized reversal-based trading tool designed to highlight market turning points by measuring extreme bullish and bearish price movements. It analyzes the difference between upward and downward candle momentum within a selected time period and visually marks potential swing highs and swing lows.

This indicator is especially favored by experienced traders due to its recalculating nature, though beginners can also use it once they understand how repainting impacts live signals. The tool works effectively on all timeframes, making it suitable for both intraday and swing traders who rely on price exhaustion and reversal structures.

Peak Buy Sell Indicator for MT4 – Trading Signals

The indicator plots two dynamic lines:

Red Line – Bearish pressure

Green Line – Bullish pressure

Two horizontal levels act as reference points:

Level 15

Level 25

Sell Signal

A sell setup occurs when:

The red line spikes above the 25 level, indicating an extreme bullish exhaustion.

The line retraces sharply back below 25.

The drop must be sudden, not gradual, to confirm a valid reversal signal.

This suggests a possible swing high forming and signals traders to look for short opportunities.

Buy Signal

A buy setup occurs when:

The green line surges above the 25 level, signaling bearish exhaustion.

The indicator line falls sharply back below 25, confirming momentum reversal.

A steep retracement is essential—slow, gradual dips are not reliable signals.

Alternative Range-Trading Approach

During sideways or consolidating markets:

Traders may use the breach of the 15 level for quicker entries.

This method is more aggressive and is better suited for experienced range traders.

Risk Management

Stop Loss:
Place a stop loss beyond the previous swing high/low, depending on the direction of the trade.

Take Profit:
Target at least a 1:2 or better risk-to-reward ratio, or exit at nearby support/resistance levels.

Since the indicator can recalculate, using price action confirmation—such as engulfing candles or break-of-structure—is strongly recommended.

Conclusion

The Peak Buy Sell Indicator for MT4 is a valuable tool for identifying overbought and oversold conditions, as well as potential reversal zones. Its ability to detect extreme price movements makes it particularly effective for traders who specialize in reversal strategies. While it works best in the hands of advanced traders due to its recalculating behavior, beginners can also benefit once they understand how to interpret its signals correctly.