Only One Trade a Day Indicator MT4 Download – Free – [TradingFinder]

The Only One Trade a Day indicator is designed to generate buy and sell signals on the MetaTrader 4 platform.

This trading tool analyzes market conditions using two moving averages (one fast and one slow) and displays the resulting signals as blue and red arrows directly on the chart.

Specification Table Only One Trade a Day Strategy Indicator

The specifications and features of the One Trade a Day indicator are presented in the following table:

A Glance at the Only One Trade a Day Indicator

The Only One Trade a Day strategy indicator generates signals based on the crossover of moving averages. When the fast-moving average crosses above the slow one, a buy signal (blue arrow) is indicated. Conversely, when the fast MA crosses below the slow MA, a sell signal (red arrow) appears.

Buy Signal

In the EUR/USD chart example with a 1-hour timeframe, the blue arrow indicates a potential BUY trade opportunity on the chart. This marker signifies the upward crossover of the fast and slow moving averages.

Sell Signal

In the Bitcoin (BTC) 15-minute chart example, the red arrow indicates a downward crossover of the fast and slow moving averages. This marked point is considered a suitable position to enter a sell trade.

Only One Trade a Day Indicator Settings

The settings for the Only One Trade a Day indicator are as follows:

• ALERT: Enable alert pop-up
• EMAIL: Enable email notifications
• NOTIFICATION: Enable push notifications
• MESSAGE_TIMEOUT: Time interval between alerts (in seconds)
• MESSAGE_SUBJECT: Alert message subject line
• Fast MA Method: Type of fast moving average
• Fast MA Period: Period of fast moving average
• Slow MA Method: Type of slow moving average
• Slow MA Period: Period of slow moving average

Conclusion

The Only One Trade a Day strategy indicator generates reliable trading signals based on the crossover of two moving averages: Fast MA and Slow MA. These periods can be customized in the settings, which allows the number of daily signals to vary depending on the configuration.

Moreover, thanks to its simple and adjustable structure, this trading tool can be combined and aligned with most trading strategies.