Introduction to the Forex Stuff Indicator MTF with Alerts
The Forex Stuff Indicator MTF with Alerts is a trend-following indicator (very similar to the Super Trend).
The indicator plots a signal line that follows the market trends. Additionally, there are also buy/sell arrows displayed.
When the main signal line is blue – look for buy trade opportunities. Similarly, when the main signal line is red – look for sell trade opportunities.
This is a multi time frame gauge, so you can choose any period for the calculations. For example, you can use the M15 chart, but H4 signals. Thay way you can have very good (early) entries, while knowing the overall trend direction.
It fits all kinds of timeframes and currency pairs.
The indicator 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 Forex Stuff Indicator MTF with Alerts in MT4?
Copy and paste the forex-stuff-indicator-mtf-with-alerts.ex4 or forex-stuff-indicator-mtf-with-alerts.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.
The Forex Stuff Indicator MTF with Alerts is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, it will provide false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.
Forex Stuff Indicator MTF with Alerts Free Download
To download the Forex Stuff Indicator MTF with Alerts for Metatrader 4 (MT4) for free just click the button below: