The Quantum+Alert Indicator for MT4 is a powerful technical tool designed to identify overbought and oversold regions in the forex market. With its built-in alert system and clear visual markers, the indicator helps traders spot potential trend reversal zones early. It displays a BLUE square for oversold conditions (bullish potential) and a RED square for overbought conditions (bearish potential).
Its simplicity makes it suitable for scalping, day trading, and swing trading, and both novice and professional traders can benefit from its high-precision reversal signals. When combined with price action confirmation, the Quantum+Alert indicator becomes even more reliable.
The chart example above shows how the Quantum+Alert indicator appears on MT4, as well as how it marks both BUY and SELL setups with colored squares.
To improve accuracy, it is recommended to combine the indicator with price action patterns, such as engulfing candlesticks, pin bars, or breakout structures.
A BLUE square indicates that the market has reached an oversold level and could be preparing for a bullish reversal.
Trading approach:
Wait for the BLUE square to appear
Confirm with bullish price action (e.g., bullish engulfing, hammer, breakout)
Enter a BUY position after confirmation
Set stop loss below the recent swing low
Exit when the market reaches next resistance or a bearish reversal pattern forms
This ensures the trade is backed by both the indicator and market structure.
A RED square shows that the market is overbought and may soon reverse downward.
Trading approach:
Wait for the RED square to appear
Confirm with bearish price action (e.g., bearish engulfing, shooting star, lower-high break)
Enter a SELL position after confirmation
Place stop loss above the recent swing high
Exit when price reaches a support zone or a bullish reversal forms
By using both the signal and price action, traders achieve higher win rates and more reliable entries.
Helps traders avoid chasing price and instead enter at optimal reversal areas.
Ensures you never miss a potential reversal opportunity.
From M1 scalping to H4 and daily swing trading.
BLUE = BUY potential
RED = SELL potential
Both beginners and advanced traders can easily follow the signals and combine them with price action.
The Quantum+Alert Indicator for MT4 is a reliable and user-friendly tool for identifying market reversal zones using overbought and oversold signals. When paired with strong price action confirmation, it can significantly improve trading accuracy and profitability. The indicator is free to download and ideal for traders seeking simple yet powerful signal tools.
For more premium indicators and trading resources, visit IndicatorForest.com.
Published:
Nov 19, 2025 22:35 PM
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