Introduction to the Profit Sunrise Indicator
The Profit Sunrise indicator is a buy/sell signal indicator for binary options and forex markets.
Developers of the Profit Sunrise gauge stress that it is based on an innovative formula using sophisticated calculations to provide accurate signals for entry points that do not repaint.
Trading rules are pretty simple, just follow the arrows (there is also a sound alert). When the upward arrow appears, buy a call option (or open long trade). When the downward arrow appears, buy a put option (or open short trade). The expiration time is 3 candles.
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 Profit Sunrise indicator in MT4?
Copy and paste the profit-sunrise-indicator.ex4 or profit-sunrise-indicator.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 Profit Sunrise indicator 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, 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.
Profit Sunrise Indicator Free Download
To download the Profit Sunrise Indicator for Metatrader 4 (MT4) for free just click the button below: