Unstoppable Forex Profit Indicator
Platform: MT4 Type: Scalping Last update: September 29, 2024The Unstoppable Forex Profit indicator for MT4 provides buy/sell arrows as trading signals. It also draws small yellow squares as short term high/low points.
In the top right corner of the chart, the Unstoppable Forex Profit indicator shows useful information like current signal (BUY or SELL label with an arrow displayed), current time, spread and more.
Unfortunately, sometimes it repaints, but it works best during trending markets. We do not recommend using it during flat and sideways market conditions.
How to take advantage of the unstoppable forex profit?
Signals provided by the Unstoppable Forex Profit Indicator are really intuitive and will not cause you difficulties. Simply follow the suggestions below.
Buy Entry: Open long trade when the Unstoppable Forex Profit indicator provides an buy arrow and displays the “BUY” label. Place your stop loss a few pips below the last swing low.
Sell Entry: Open short trade when the Unstoppable Forex Profit indicator provides an sell arrow and displays the “SELL” label. Place your stop loss a few pips above the swing high.
Exit Trade / Take Profit: Close your open position when the opposite signal occurs, or use your own preferred method of trade exit.
Example of USD/CHF H4 Chart
This screenshot below shows an example of this gauge in action.