Forex The Entry Point MT4 Indicator

Forex The Entry Point MT4 Indicator:

About the Forex The Entry Point MT4 Indicator

[DESCRIPTION]

The Entry Point indicator shows up/down arrows as an entry point for buy/sell. The signal based on EMA, MACD and Price Action.

  • A Red arrow means it is a good opportunity to Sell.
  • A Green arrow means it is a good opportunity to Buy.

[MAIN FEATURES]

  • A Red arrow means it is a good opportunity to Sell.
  • A Green arrow means it is a good opportunity to Buy.
  • Easy to use and manage.
  • The indicator is very simple and intuitive even for beginners.
  • Works with any trading symbols: Forex pairs, Indices, Commodities, CFDs, or Crypto.
  • Noise Filtering.
  • No Repaint.
  • The indicator shows in the Chart Window.
  • Audible Alerts is Enabled by Default so you can hear a sound and you can see a popup message every time a new arrow appears.
  • You can turn on and off the Audible Alerts.

[OBSERVATIONS]

  • Best to use with H4, D1 and W1.

[WARNING AND RECOMMENDATIONS]

  • Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors.
  • Past performance is not always indicative of future results.
  • No one can predict the future, but we can only analyze historical data to build a successful forecasting system.
  • Risk Management is very important.
  • Recommended to test the indicator on a demo account before using the indicator with Live account.
  • Recommended to use Stop Loss, Trailing Stop, and Trailing Stop with Break-Even.
  • In the case of unusual events like financial crises, Elections, World Wars, Pandemics; it is not recommended to do any trades, be careful you have to manage the risk properly.

Test results:

Forex The Entry Point MT4 Indicator

Copy and paste the file 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)

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