Blog

What Is Vulkan Profit Indicator?

The MT4 Vulkan indicator is based on the well-known Sidus indicator and its trading signals are shown straight on the main trading chart in the form of up or down arrows.

The Vulkan Profit indicator is a trading instrument designed both for the binary options and the forex market.

This indicator fits all types of timeframes and currency pairs, but for binary options, you should focus on M15-H1 timeframes.

It’s pretty easy to use the Vulkan Profit indicator: open long trade after the blue upward arrow appears (long option) or open short trade after the red downward arrow appears (short option).

The default indicator settings can be changed straight from the input tab. Don’t hesitate to test the settings and parameters to your own preferences.

Example Of GBPUSD M15 Chart

The below print screen shows the MT4 Vulkan indicator in action

As you can see in the example above, the MT4 Vulkan Profit offers very accurate signals. According to the name of this MT4 forex indicator, when the market conditions are favorable, you can make massive profits using this instrument.

You might be interested in:

Powerful MT4 Parabolic SAR Forex Trading System Review | Free Download

CCI Arrow Non-Repaint Indicator Best For Binary Options Trading | Free Download

Trading Rules Clarification

Trading signals provided by the MT4 Vulkan Profit Indicator are truly intuitive and will not cause you problems. Simply track the recommendations below.

Long Entry:

Enter long trade when the MT4 Vulkan Profit indicator shows an upward arrow. You can furthermore confirm the position, with bullish candlestick patterns and price action. Set your stop-loss a few pips below the last swing low.

Short Entry:

Enter short trade when the MT4 Vulkan Profit indicator shows a downward arrow. You can furthermore confirm that, with bearish candlestick patterns and price action. Set your stop-loss a few pips above the last swing high.

Exit Trade/Take Profit:

Close your open trade when the reverse signal arises, or use your own favorite method of trade exit.

As you may know, to achieve the best results in trading, remember about the right money management. To be a profitable trader you need to master discipline, emotions, and psychology. It is vital to know when to trade, but also when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, and so on.

MT 4 Vulkan Profit Indicator Installation Giude

Copy and paste the vulkan-profit-indicator.mq4 or vulkan-profit-indicator.ex4 indicator files into the MQL4 folder of the Meta Trader 4 trading platform.

You can get access your MT4 MQL4 folder by clicking the left top MT4 menu options, as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

On the left side of your MT4 terminal, in the Navigator find the indicator name, right-click it and select Attach to the chart, or just drag and drop it to the chart.

Final Thoughts

Just like any other technical analysis tool, Vulkan Profit MT4 indicator is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system around it.