MBFX Timing Indicator for MT4

Introduction to the MBFX Timing Indicator

The MBFX Timing Indicator is a custom forex oscillator indicator that is a part of the well-known forex “MOSTAFA BELKHAYATE” system and it provides great entry and exit points (based on overbought and oversold market levels). What’s more, the MBFX Timing Indicator shows micro trends.

The MBFX Timing Indicator fits all kinds of timeframes and currency pairs. It is displayed in a separate window placed just below 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 does it work and how to apply in trading?

The MBFX Timing indicator could be compared to a classic stochastic oscillator as it works on a similar principle. You can use the indicator for scalping, swing trading, and trend trading.

You can also supply the MBFX Timing 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.

You can find the simple trading rules of the indicator explained below:

Look for buy trade opportunities when:

  • the MBFX Timing line reaches the oversold zone (low levels of the scale)
  • late confirmation is line color change to yellow

Look for sell trade opportunities when:

  • the MBFX Timing line reaches the overbought zone (high levels of the scale)
  • late confirmation is line color change to yellow

mt4 mbfx timing indicator review

Entry signals are really powerful with this indicator, and it is a great starting point to develop your own trading system. You can even trade successfully using price action, patterns, and trendlines plus these entry points.

How to set up the MBFX Timing indicator in MetaTrader (MT4)?

Installation Guide

Download the MBFX Timing.rar archive at the bottom of this post, unpack it, then copy and paste the MBFX Timing.ex4 or MBFX Timing.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 MBFX Timing 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.

Download Free Forex MT4 MBFX Timing Indicator

To download the MBFX Timing Indicator for Metatrader 4 (MT4) for free just click the button below:

MBFX Timing Indicator Free Download

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