Technical Indicators for MetaTrader 4

Here you will find many programs for the MetaTrader 4 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 4

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FX Sniper Yellow indicator for MT4

fx-sniper-yellow-indicator-for-mt4-logo-200x200-2627
197.00 USD167.45 USD

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Information

Indicators
MetaTrader 4
Renaud Herve Francois Candel
1.20
5

Overview

FX Sniper Yellow Indicator

FX Sniper Yellow is an exclusive leading indicator to trade Forex with your Metatrader trading platform.
FX Sniper Yellow is able to analyze market participants behavior and to predict changes in the price direction even before movement starts.
Most indicators are lagging indicators and are useless. FX Sniper Yellow is a unique leading indicator.
The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action.
FX Sniper Yellow never repaints. Once candle is closed signal is confirmed and arrow will never disappear.

Inputs of the indicator are:

  • UseAlerts (true/false): to enable alerts
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false) to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts

Size and color of the arrows can be setup in the Color tab of the indicator.

Trading rules:

  • Enter trade at opening of next candle in the direction of the signal (SELL/BUY)
  • Place stop at the top (SELL) or bottom (BUY) of the signal candle or use stop based on ATR
  • Take profit with reward / risk of 2:1 or 3:1
  • You can filter entry signals to only go with the trend. We recommend therefore to use Trend Direction UD Indicator
  • Filtering signals with the trend is optional. This is not mandatory.

The indicator can be used with any time frame.
It can be used to trade Forex, Stocks, Indices, Futures and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.
The most popular indicators for Metatrader 4 are:

    Indicators for MT5:
    All our indicator are developed both for MT4 and MT5.

    List of all our indicators:
    You can see the complete list of our indicators following the link  ? https://www.mql5.com/en/users/itc_software/seller

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    If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

    Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.

    Refund requests received more than 30 days after purchase will be rejected.

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    RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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