RP MT4 Trend Finder Indicator Download

A Trend Finder Indicator that provides simple buy/sell indications is the RP Trading System. Swing traders will benefit from this setup. Only the MT4 platform is intended for this indicator’s creation. On the H4 and Daily timescales, it performs incredibly well. However, you can apply it to any timeframe.

In order for this strategy to work, this system relies on FXI along with other indications. The best results are obtained using this strategy with a duration of four hours or one day.

Indicator System Includes:

• FXI Trend Finder
• Market Strength
• Market Direction
• ATR(21)

This MT4 Trend Finder can provide trading signals that you can use as-is or supplement with further chart research to better filter the signals, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.

This FXI Trend Finder Indicator can be configured to send you a signal alert. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.

Any Forex currency pair as well as other assets including commodities, digital currencies, binary options, stock markets, indices, etc. can be employed with the Trend Finder Trading System. Additionally, you may apply it to any time range that works best for you, from the 5-minute charts to the daily charts. works best when applied to 4- or 24-hour periods.

RP Trading System rules

Buy

• The primary chart’s green up arrow.
• Blue represents the Market Strength Indicator.
• Both BLUE UP arrows are displayed by Market Direction.

Sell

• In the main graphic, the down arrow is red.
• Red represents the market strength indicator.
• Each RED DOWN arrow is displayed by Market Direction.

Exit

• Stop loss = 0.85% of the ATR
• Use a take profit level that is the same as or twice the stop-loss level. (Ratio of Take Profit to Stop-Loss: around 2:1)
• When the MDirection or MStrength indicators are displaying a reversal indication, exit the trade.