PAFX Secret Indicator Review: Strategy, Settings & Free Download (MT4) PAFX Secret Indicator Review: Strategy, Settings &

Introduction: A hidden power tool that really works

Most momentum indicators will give you the same cyclical signal. You press the MACD indicator, wait for the crossover, and then get stopped because the signal came three candles too late.

The PAFX Secret Indicator takes a different approach.

It is a histogram-based momentum oscillator for MetaTrader 4 that visually plots buying and selling pressure around the zero line — similar to the MACD histogram, but with clearer signal separation and built-in divergence detection that most default tools lack.

If you are tired of cluttered charts and noisy signals, the PAFX Secret Indicator simplifies everything down to what really matters: Who is in control now – the buyers or the sellers?

What is the PAFX secret indicator?

The PAFX Secret Indicator is a custom MT4 oscillator that displays momentum in the form of a histogram in a separate sub-window below the price chart. It works on the same principle as MACD, measuring the difference between fast and slow momentum cycles, but presents the data in a more visual format.

How to read it:

• Upward bars (above the zero line): Bullish momentum is under control. The market is pushing higher.
• Downward bars (below the zero line): Bearish momentum is under control. The market is going lower.
• Bar height: The higher the bar, the stronger the momentum. Bar contraction indicates momentum is fading – a warning of a potential reversal.
• Zero line crossover: When a bar flips from below zero to above zero (or vice versa), it indicates a change in momentum.

The real power of this indicator is divergence detection . When price makes new highs but the histogram makes lower highs, it indicates hidden weakness - a classic bearish divergence setup. The same is true for bullish divergences.

PAFX Secret Indicator and Standard MACD

Why use a custom indicator when MT4 has built-in MACD? Here’s why:

Verdict: If you already use MACD and want clearer momentum readings and easier divergence identification, PAFX Secret is a direct upgrade.

Download a range of indicators, courses and EAs for free

Review: Pros and Cons

Below are our honest test results after running the indicator on EUR/USD, GBP/USD and XAU/USD on the M15 to daily charts.

PROS (The Good)

• Clean visual output: Histograms are neat and easy to understand at a glance - no overlapping lines or confusing signal crossovers.
• Non-Repainting: Once the candle closes, the bar is locked. Past signals are not redrawn.
• Great for divergences: Smooth histogram peaks and troughs make divergence trading much easier compared to standard oscillators.
• Available for all currency pairs and timeframes: We have confirmed functionality for major Forex, Gold and Indices (from M5 to Daily).
• Lightweight: Minimal CPU usage — even with multiple charts, it won't slow down your MT4.

CONS (The Bad)

• Not a stand-alone system: As with any momentum oscillator, using it alone without a trend filter can lead to losses during market swings.
• No Built-In Alerts: This metric does not include push notifications or email alerts - you will need to manually monitor the chart.
• Requires Patience: The best signals come from divergence setups on higher time frames, which may not be suitable for aggressive scalpers.

Strategy: The "Secret Momentum Divergence" System

Raw crossover signals work, but they are dangerous in volatile markets. To maximize accuracy, we combine the PAFX Secret Indicator with the 200 EMA as a trend filter and trade only divergence settings in line with the dominant trend.

Settings and Settings

1. PAFX secret indicator: Default settings
2. 200 EMA: should be used to close positions (main chart)
3. Timeframe: H1 or H4 (best signal quality)

1. “Hidden Power” Purchase Settings

We want to buy when momentum is secretly building during an uptrend.

1. The Filter: The price must be above the 200 EMA. This confirms that the trend is bullish.
2. The Setup: Wait for price to make a lower low and the PAFX histogram to make a higher low (bullish divergence).
3. The Trigger: The histogram bar begins flipping from negative values ​​(below zero) to positive values ​​(above zero).
4. Entry: Buy at the close of the candle that confirms the crossover.
5. Stop Loss: Below the recent swing low (usually 20-40 points, depending on the time frame).
6. Take Profit: Target the nearest resistance level, or hold until the histogram begins to contract significantly.

2. The “Tired” Selling Setup

We look to sell when momentum dims during a downtrend.

1. The Filter: The price must be below the 200 EMA. This confirms that the trend is bearish.
2. The Setup: Wait for price to make a higher high and the PAFX histogram to make a lower high (bearish divergence).
3. The Trigger: The histogram bars begin flipping from positive (above zero) to negative (below zero).
4. Entry: Sell at the close of the candle that confirms the crossover.
5. Stop Loss: Above recent swing highs.
6. Take Profit: Target the nearest support level, or hold until the histogram flattens.

Pro Tip: If the histogram bars are small and close to the zero line, DO NOT TRADE. It means the market is volatile and momentum is not present. Wait for the bar to expand significantly before entering.

Indicator Settings

The default settings are suitable for most trading methods. However, you can optimize:

How to install (MT4)

1. Download the .ex4 or .mq4 from the file linked below.
2. Open MT4 → Go to File > Open Data Folder > MQL4 > Indicators .
3. Paste the downloaded file into the Indicators folder.
4. Restart MT4 or right-click Navigator panel and hit Refresh .
5. Drag the PAFX Secret indicator onto any chart — it will appear in the sub-window.

Final Verdict: Is the PAFX Secret Indicator Worth Using?

Rating: 4/5 stars ⭐⭐⭐⭐

The PAFX Secret Indicator is a reliable momentum histogram tool that does one thing very well - it shows you who is in control of the market right now . The clean visual output makes divergence trading easier than standard MACD, and no redraw confirmations give you confidence in your signal.

The lack of built-in alerts is a minor drawback, but the overall signal quality of the H1 and H4 timeframes makes it a valuable addition to any MT4 setup. Just remember: never trade alone. Always pair it with a trend filter like the 200 EMA to avoid getting chopped off in range-bound markets.

If you want a clean, lightweight power tool that cuts through the noise, download the PAFX Secret Indicator today and test it out on your demo account.

This indicator pairs perfectly with the one in our Top 10 Best Free MT4 Indicators — read the full comparison with expert reviews and trading strategies.

Frequently Asked Questions: Frequently Asked Questions