Year: 2020

3 Best Professional Indicators for MT4

Are you looking for the best forex indicators for professionals to use on your trades, and you don’t know which ones are really interesting?

Below given are 3 MT4 indicators which are unique and allow the trader to use advanced and efficient tools to analyze financial markets, make trading decisions, and better manage risks.

Forex Metatrader Indicator Economic Calendar on MT 4

Definition: The free MT 4 indicator has in its graph of past and future economic events and publications and publications, to better manage its trades based on the fundamentals.

Interpretation: This indicator allows you to check the dates and times of upcoming publications on a web page.

  • The trader who uses technical analysis knows when it is better not to trade or wait for the effect of the ad to be spent to find trading opportunities.
  • In the meantime, the news trader will wait for publication to make his decision and find favorable trading.

Warning: The MT 4 indicator can be used to:

  • news trading
  • Technical trading analysis

The preferred way to use the MT4 Supreme Edition indicator:

  • Stop negotiating when we approach the publication of important economic news
  • Wait for the approval of the publication effect to find a suitable trading opportunity

Possible trading style: Scalping, Day trading, Swing trading

Possible time units: all

Indicator MT4 of Countdown Candles

Definition: This free Countdown indicator tells you how much time is left before the next candle starts to develop on your chart.

Interpretation: This MT4 indicator allows you to quickly know how long the current candle will be closed.

Let’s take an example:

  • If your signal to enter the position requires a candle to close on an hourly chart, such as the hourly chart, you will know exactly how long to wait to assume your trading position. Thus, the Countdown indicator is very useful. Therefore, it applies to trade in which the price action and, especially, the closing of the candles play a central role in its strategy.

Warning: The MT4 indicator can be used to:

  • Trading price action
  • news trading

The preferred way to use the MT4 Supreme Edition indicator:

  • Set position time
  • Adjust the money management and the risk assumed in the position according to the distance of the stop loss and make a profit

Possible trading style: Scalping, Day trading, Swing trading

Possible time units: all

Forex Indicator MT4 Chart Group

Definition: This free MT4 indicator is an effective tool for connecting to various charts.

Interpretation: This is one of the best professional forex mt4 indicators that makes it easy to set up a group of trading charts quickly and efficiently.

Warning: The main benefit of this free MT4 indicator is the ability to change all the windows in the graph, simply by changing the symbol in each one. The indicator automatically applies customization to all attached graphics.

The MT4 indicator can be used by traders:

  • Trend
  • Breakout
  • Divergence

The preferred way to use MT4 Indicator Supreme Edition: Shortcut between various charts of the trading station

Possible trading style: Scalping, Day trading, Swing trading

Possible time units: all