Sifu Forex Indicator Free Download

The Sifu Forex Indicator is a customized, complex trend following strategy that claims to be highly effective in all market conditions.

It uses indicators such as Zigzag Pointer (small arrow), 3 MA Cross Alert (big arrow), Heiken Ashi, BBand Stops, 50&200 EMA, FX Fish Mod V2, MACD V2, Stoch Filter, ZZ Fast, ZZ Slow, etc.

This indicator is suitable for various time frames and mt4 currency pairs.

How does it work? How to apply during transaction?

Trading rules description

Buy long Entry

Open a long buy transaction when the following conditions are met:

• Zigzag pointer and 3MA cross alert point upward
• Heiken Ashi candles are blue
• The 50 EMA is above the 200 EMA and the price is above both EMAs
• BBand Stop Loss Below Price Level
• FX FISH Mod V2 and MACD V2 both show positive values ​​(above 0 level)
• Stoch filter turns blue
• ZZ Fast and ZZ Slow both turn blue
• Set stop loss below Bband stop loss level

Sell ​​Entry

Short selling can be opened when the following conditions are met:

• Zigzag pointer and 3MA cross alert point down
• Heiken Ashi candles are red
• The 50 EMA is below the 200 EMA and the price is below both EMAs
• BBand Stop Loss Above Price Level
• FX FISH Mod V2 and MACD V2 both show negative values ​​(below the 0 level)
• Stoch filter turns red
• ZZ Fast and ZZ Slow both turn red
• Set stop loss above Bband stop loss level

Exit trade/take profit

When an opposite entry signal occurs, close your open position or use your preferred trade exit method.

As always, remember proper good money management to achieve excellent results.

How to set up a Forex trend and breakout system in MT4?

Files Included

Indicators:

• #00_ZZ_Window.ex4
• #1ToR_1.02.mq4
• #14xMACD_Colored_v22.mq4
• #aaZigZag pointer.mq4
• #Heiken Ashi.mq4
• 3 MA Cross w_Alert v2.ex4
• ang_AutoCh_HL-v1.mq4
• BBands_Stop_v1.mq4
• ForexTrend_v22.ex4
• FX_FISH Mod2_v2.mq4
• GMMA Long.mq4
• GMMA Short.mq4
• HMA4.mq4
• MACD_OsMA_4ColorLH.mq4
• Mera.ex4
• Random_Filter_mtf.mq4

Templates:

• Sifu Forex System. tpl

Installation Guide

Copy and paste the indicator file into the MQL4 folder of the MetaTrader 4 trading platform.

You can access this folder by clicking on the top menu option as shown below:

File > Open data folder > MQL4 > Indicators (paste here).

Likewise, copy and paste the template files into the Templates folder.

Now, right-click on the chart and hover over Templates . You will be shown a list of available indicators; left-click on the name of the template you want to run.

Bottom Line

The Sifu Forex Indicator is worth adding to your trading collection, but remember to have realistic expectations. However, like any other technical analysis tool, it cannot provide 100% accurate entry signals. Therefore, it occasionally emits false mt4 signals. Additionally, its performance can vary significantly based on market conditions.

Sifu Forex Indicator Free Download

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