Ever feel like you’re always entering trades too late—right after the market makes a big move? That’s where reversal indicators come in. The Dragonfly Indicator MT4 is one of those unique tools built to help you catch trend reversals and identify key turning points in the forex market.


This lightweight yet powerful indicator works directly on the MetaTrader 4 platform, making it a must-have for both beginners and advanced traders. And yes—it’s totally free to download from FxCracked.org.


Overview of Dragonfly Indicator MT4


The Dragonfly Indicator is based on candlestick behavior, particularly the dragonfly doji pattern, which often signals a potential market reversal. The indicator automatically scans charts, highlights signals, and removes the guesswork so you don’t miss critical opportunities.


It’s most effective on major forex pairs like EURUSD, GBPUSD, USDJPY, and works on multiple timeframes (from M15 scalping up to D1 swing trades).


Key Features



  • Reversal Pattern Detection – Identifies dragonfly doji setups instantly.

  • Multi-Timeframe Compatibility – Use it on M15, H1, H4, or even daily charts.

  • Clear Buy/Sell Alerts – Easy-to-read visual arrows/signals on chart.

  • No Repainting – Once a signal is confirmed, it stays.

  • Works on All Assets – Forex, gold, indices, crypto (on MT4).

  • Great for Scalping & Swing – Flexible usage across strategies.

  • Free to Download – Available on FxCracked.org.



How It Works



  1. It scans historical price data.

  2. Identifies potential dragonfly doji patterns.

  3. Confirms the signal with additional filters.

  4. Alerts you with visual arrows or pop-ups on MT4.


Performance & Use Cases



  • Reversal Entries – Catching the beginning of new trends.

  • Risk Management – Avoiding fake breakouts by confirming reversals.

  • Scalpers – Quickly identifying entry/exit signals on shorter timeframes.

  • Swing Traders – Holding positions after spotting a reversal on H4/D1.



Installation Guide



  1. Download from FxCracked.org.

  2. Place the file in your MT4/Indicators folder.

  3. Restart your MT4 platform.

  4. Open your desired currency pair chart.

  5. Insert the Dragonfly Indicator and adjust settings if needed.

  6. Why Choose Dragonfly Indicator MT4?


While there are many reversal indicators online, most are either laggy or repaint signals. The Dragonfly Indicator MT4 is lightweight, reliable, and free. Plus, being backed by YoForex and FxCracked, you get a trusted tool with lifetime access and regular community support.


Support & Disclaimer


Need setup help or trading tips? Reach us anytime:



Disclaimer: Indicators are analytical tools, not magic bullets. Always combine them with your own strategy and proper risk management. Use on a demo account before going live.


Call to Action


Don’t miss another market reversal—download the Dragonfly Indicator MT4 today from FxCracked.org and take your trading to the next level.


Happy Trading