Buy Sell Zones Indicator for MT4 – Free Educational Version

Introduction to Buy Sell Zones Indicator

The Buy Sell Zones indicator for MetaTrader 4 (MT4) stands as a beacon in the realm of forex trading, offering a technical solution to navigate the complexities of the financial market. Developed on the foundation of the Buy Sell Zones trading strategy, this indicator leverages the Exponential Moving Average (EMA) and the Average Directional Movement Index (ADX) to generate precise buy/sell signals.

Understanding the Buy Sell Zones Trading Strategy

The Buy Sell Zones strategy seamlessly integrates the EMA and ADX indicators to ascertain the strength of a trend and identify optimal trade entry zones. For a buy signal, the ADX must surpass the 30-level threshold, indicating a robust trend. Simultaneously, the price should touch and reject the EMA, acting as a support/resistance zone. Conversely, for a sell signal, similar conditions apply.

Version: 1.6

Best Brokers List

Buy Sell Zones Indicator works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Buy Sell Zones Indicator Settings

Decoding Indicator Settings

To fine-tune the Buy Sell Zones Indicator according to individual preferences, users can manipulate various settings:

• MAIN_PERIOD: Adjust the main period for the indicator.
• ADX_PERIOD: Set the period for the Average Directional Movement Index.
• MINBARS: Determine the minimum number of bars required for analysis.
• GRAPHICAL_USER_INTERFACE: Choose to display a graphical user interface.
• SOUND_ALERT: Enable sound alerts for buy/sell signals.
• EMAIL_NOTIFICATION: Receive email notifications for trading signals.
• SMS_NOTIFICATION: Get trading alerts via SMS.
• ArrowDisplacement: Modify arrow displacement on the chart.

User-Friendly Design

Unlike other complex indicators, the Buy Sell Zones Indicator simplifies the trading process. It doesn't clutter the MT4 chart with additional indicators. Instead, it paints a clear buy/sell arrow once the trading conditions align. This user-friendly approach makes it suitable for traders of all levels, from novices to seasoned professionals.

Integrating Buy Sell Zones with Other Tools

While powerful on its own, the Buy Sell Zones Indicator achieves its full potential when used in conjunction with price action analysis or other technical tools. Traders are encouraged to adopt a holistic approach, combining various strategies for comprehensive market analysis.

How to Trade With Buy Sell Zones Indicator

In the provided example of EURUSD in the M15 timeframe, the "SELL" annotation indicates a strong bearish trend. This signals that buy signals should be ignored, and sell signals should be given preference. The highlighted sell signal, validated by a bearish engulfing candlestick in this case, represents an optimal entry zone.

Conclusion: A Versatile Tool for Every Trader

In conclusion, the Buy Sell Zones Indicator for MT4 is a versatile financial trading tool that caters to the needs of scalpers, day/intraday traders, and swing traders alike. Rooted in the Buy Sell Zones strategy, it offers a streamlined approach to forex trading. The best part? It's available for free download, empowering traders with a powerful ally in the dynamic world of forex.

Download Buy Sell Zones Indicator

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.