KG Target Points Forex Indicator for MT4

KG Target Points Forex Indicator MT4 Free Download

MT4 Free Download

Introduction to the KG Target Points Forex Indicator

The KG Target Points Forex Indicator provides suggestions for taking profit levels, three for buy trades, and three for sell trades. There are also stop loss ideas. What’s more, the KG Target Point forex indicator draws important market levels (pivot points). All that data is placed on the left side of the chart.

The KG Target Points Forex Indicator fits all kinds of timeframes and currency pairs. It is displayed directly on the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How to set up the KG Target Points Forex Indicator in MetaTrader (MT4)?

Installation Guide

Download the KG Target Points.rar archive at the bottom of this post, unpack it, then copy and paste the KG Target Points.ex4 or KG Target Points.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Bottom Line

The KG Target Points Forex Indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it. Don’t forget that we still have more great free forex MT4 indicators to download and try.