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Professional Swing Indicator for MT4 Download - Free - [TradingFinder]

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Professional Swing Indicator for MT4 Download - Free - [TradingFinder]
Professional Swing Indicator for MT4 Download - Free - [TradingFinder] 0
Professional Swing Indicator for MT4 Download - Free - [TradingFinder] 1
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The Professional Swing Indicator displays trend direction and strength using colored histogram bars. In addition to illustrating trend movements, it provides marker entry signals for trades.

The Professional Swing Indicator visualizes upward trends with light blue bars and downward trends with brown histograms.

Specifications Table for the Professional Swing Indicator

Category

Oscillator - Currency Strength - Signal and Prediction

Platform

MetaTrader 4

Skill Level

Beginner

Indicator Type

Reversal - Continuation

Timeframes

Multi Timeframe

Trading Style

Day Trading

Market

All Markets

Buy Signal in Uptrend

The EUR/USD price chart in a 30-minute timeframe demonstrates how the indicator functions during an uptrend.

The sequential formation of light blue bars shows the trend direction, while the appearance of a green marker below the zero line indicates an entry point for a Buy position.

Uptrend Conditions
Issuance of Buy Signal

Sell Signal in Downtrend

As seen in the BNB cryptocurrency price chart in a 1-hour timeframe, the indicator issues a Sell signal using a red marker.

The sequential formation of histogram bars also confirms the continuation of the downward trend.

Downtrend Conditions
Issuance of Sell Signal

Indicator Settings

Indicator Settings
Review of the Professional Swing Indicator Settings
  • Chart Theme: Customize the appearance of the indicator.

Conclusion

The Professional Swing Indicator is a precise tool for identifying trend direction and reversals.

The MetaTrader 4 platform uses histogram bars and point markers to provide entry and exit signals for trades.

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FAQs

Does the Professional Swing Indicator work in cryptocurrency markets?

Yes, this indicator is applicable in all markets and provides trade entry signals.

What is the role of histograms in this indicator?

Histograms display the trend direction and strength.

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