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Home Forex MT4 Indicators Fiji Trend Indicator

Fiji Trend Indicator

The Fiji Trend indicator for Metatrader 4 (MT4) is a custom forex trading indicator that you can download here for free and review by yourself.

You will have access to Fiji Trend.mq4 and Fiji Trend.ex4 files.

How does it work and how to use the Fiji Trend indicator

The Fiji Trend indicator is displayed in a separate window placed below the main trading chart. It is a trend following indicator that generates trading signals by displaying buy and sell arrows. This tool consists of two elements – mentioned arrows and a line that resembles a moving average indicator.

It is simple and easy to use the indicator, just open a buy order when you see an arrow pointing upwards and open a sell order when you see an arrow pointing downwards. Nevertheless, we suggest adding some filtering to avoid fake and noisy signals during a sideways market.

You can also supply the Fiji Trend indicator to your proven best forex trading system or strategy as an additional confirmation of trade entries and exits. As always, to achieve good results, remember about proper money management when trading with this or any other forex indicator.

Below you can find very general trading rules

Look for buy trade opportunities when:

  • the upward arrow appears;
  • wait for the current candle to close;
  • open long order;
  • the Fiji will now follow the price;
  • close the trade at the arrival of the opposite signal.

Look for sell trade opportunities when:

  • the downward arrow appears;
  • wait for the current candle to close;
  • open short order;
  • the Fiji will now follow the price;
  • close the trade at the arrival of the opposite signal.

How to add the Fiji Trend indicator in MT4

Follow the instructions below to install the Fiji Trend indicator on your Metatrader 4 trading platform:

  • Click the download link at the bottom of this page;
  • Extract the archives, then copy and paste the Fiji Trend indicator files (format .ex4 and .mq4) into the following folder of your Metatrader 4 platform: MQL4 > Indicators;
  • You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here);
  • Restart your Metatrader 4 client;
  • Select a chart of you chosen currency pair and timeframe;
  • Browse “Custom Indicators” in your Navigator that is located on the left side of the MT4 software;
  • Right click on the indicator name and then click “Attach to the chart”;
  • You can modify settings if you need and then click ok;
  • The indicator is ready and it should works on the chart now.

Fiji Trend indicator free download

Here’s the download link: Click Here

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