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FX Sniper Magenta indicator for MT4

FX Sniper Magenta Indicator

FX Sniper Magenta is an exclusive and leading indicator to trade Forex with your Metatrader trading platform.
FX Sniper Magenta is able to analyze market participants behavior and to predict changes in the price direction even before movement starts.
Most indicators are lagging indicators and are useless. FX Sniper Magenta is a unique leading indicator.
The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action.
FX Sniper Magenta never repaints. Once candle is closed signal is confirmed and arrow will never disappear.

Inputs of the indicator are:
  • UseAlerts (true/false): to enable alerts
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false) to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts


Size and color of the arrows can be setup in the Color tab of the indicator.

Trading rules:

  • Enter trade at opening of next candle in the direction of the signal (SELL/BUY)
  • Place stop at the top (SELL) or bottom (BUY) of the signal candle or use stop based on ATR
  • Take profit with reward / risk of 2:1 or 3:1

The indicator can be used with any time frame.
It can be used to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
You can see the complete list of our indicators visiting our profile page.

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Indicador STO completo (incluye todas las versiones de tres indicadores STO: Premium, Gold, Silver) - STABLE TRADE OPTION está diseñado para el comercio automático de opciones binarias.  ¡¡¡¡¡LEA CUIDADOSAMENTE!!!!! IMPORTANTE En un terminal cree dos plantillas con diferentes vencimientos, una plantilla para las 18:01, 18:02 con vencimientos de 1 a 15 minutos y una plantilla para las 22:00 con vencimientos de 10 a 20 minutos. Winrate: 71% en los últimos 5 años Gestión del dinero: 0,3% d
Gann Swing Structure
Kirill Borovskii
5 (1)
This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th
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TTM Squeeze indicator for MT4
Renaud Herve Francois Candel
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3 (2)
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VWAP indicator for MT4
Renaud Herve Francois Candel
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Renaud Herve Francois Candel
5 (2)
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Renaud Herve Francois Candel
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5 (1)
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number
Trend Direction ADX indicator for MT4 Trend Direction ADX is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction ADX is based on ADX standard indi
Trend Strength MA indicator Trend Strength MA is a part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc. Trend Strength MA is an indicator to be used to characterize trend strength: Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extremely
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Versión 1.50 2023.07.04
New compilation