UF2018 Indicator for MT4

Introduction to the UF2018 Indicator

The UF2018 Indicator is a forex trading tool that is used for general trend determination. It displays orange and blue bars. The orange bars reflect a bearish trend, and similarly, the blue bars reflect a bullish trend. It should be used rather as a filter than a standalone signal provider.

The UF2018 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 to set up the UF2018 indicator in MetaTrader (MT4)?

Installation Guide

Download the UF2018.rar archive at the bottom of this post, unpack it, then copy and paste the UF2018.ex4 or UF2018.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 UF2018 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 UF2018 Indicator

To download the UF2018 Indicator for Metatrader 4 (MT4) for free just click the button below:

UF2018 Indicator Free Download

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