Forex Indicator Pro MT4

 Let’s break down the valuable information for the Forex Indicator Pro . 

Overview

• Forex Indicator Pro  is a non-repaint indicator that provides clear buy and sell signals using arrows.
• It is suitable for scalping and works best on 5-minute and 15-minute timeframes, although it can also be used on a daily timeframe.
• The indicator is versatile and can be applied to various instruments, including forex pairs, stocks, and cryptocurrencies.

Key Features

• Non-Repaint: The indicator’s signals do not repaint, ensuring reliability.
• Buy Arrows: Green arrows indicate buy signals.
• Sell Arrows: Red arrows signify sell signals.
• Signal Expiry: Both buy and sell signals expire after three candlesticks.

Strategy

1. Buy Signal:
   • Enter a long position when the indicator draws a green arrow.
   • Act swiftly, as the signal expires after three candlesticks.
2. Sell Signal:
   • Initiate a short position when the indicator posts a red arrow.
   • Again, the signal remains valid for three candlesticks.

Minimum Deposit

• While there is no specific minimum deposit requirement for using the Forex Indicator Pro MT4, it’s advisable to start with a reasonable amount based on your risk tolerance.
• Consider a minimum deposit that allows you to manage risk effectively while testing the indicator’s performance.