FX Forecast Metatrader 4 Indicator

Written by Aboutcurrency

DOWNLOAD: Download this Metatrader 4 indicator here >>>

Description: Forex forecaster trading indicator generates trading signals based on the OSMA oscillator with settings (12,26,9) and divergences.

How to read sell and buy signals (see example below)?

Both indicator readings trade below the zero line: SELL Signal

Both indicator readings trade above the zero line: BUY Signal

File Name: ForexForecaster.ex4

Metatrader 4 Screenshot: EUR/USD 5 Min Chart

Features: Works on all currency pairs and time frame's, free licence, Metatrader 4 ready.

Download: Download this Metatrader 4 indicator here >>>

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Risk Disclosure: Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.