Forex Candle Predictor Indicator

Forex Candle Predictor Indicator

The Forex Candle Predictor indicator for mt4 is an incredible trading tool that automatically predicts the next candlesticks with a high degree of accuracy. Download free!

The Forex Candle Predictor indicator for MetaTrader is one of the best and most reliable technical tools for trend analysis. It is an incredible trading tool that automatically analyzes and predicts the next candlesticks with a high degree of accuracy.

The indicator would come in handy as a confluence for trade entry/exit or to hold a running trade for more profits. It is recommended for the novice, intermediate, and advanced forex traders. Besides, it is also suitable for different trading styles like scalping, day/intraday, and swing trading.

How to Trade With Forex Candle Predictor Indicator

The above image depicts the indicator’s action on a EURUSD pair in an Daily timeframe. It shows that the indicator predicted how the next few candlesticks may likely be formed, move to the upside, and then reverse afterward.

With this information, you may open a buy position and trail your Stop Loss to the predicted reversal zone. Note that you may need to consult price action or other technical indicators before opening a trade entry.

The above image shows the aftermath of the initial candlestick prediction. It shows that the market is currently printing a bullish candlestick as earlier predicted by the indicator.

This goes to tell you how efficient and accurate the Forex Candle Predictor indicator is. Nonetheless, it is worth noting that the indicator’s signals have a high accuracy rate in a trending market. More so, the candlestick predictions are most reliable in the higher timeframes.

Conclusion
The Forex Candle Predictor indicator for MetaTrader is essentially an intuitive trading tool that practically does the technical analysis for you and then predicts the direction and the types (bull/bear) of candlesticks. Finally, it is free to download.\