Is this a non-repaint trading indicator?

Yes, this is a non-repaint trading system for the MT4 platform.

No Repaint Indicator For Meta Trader 4 Review

No Repaint Indicator For

Meta Trader 4 Overview

The No Repaint Indicator For Meta Trader 4 is a forex no repaint indicator as the name suggests. That means it doesn’t change the main trading provided signal, this being a good advantage for all traders that are using the No Repaint Indicator, as they can count on a powerful and accurate indicator that can be easily backtested.

The No Repaint Indicator For Meta Trader 4 displays buy/sell arrows.

Trading Rules Clarification

The No Repaint Indicator for MetaTrader 4 provides long/short arrows as trading signals. At the first sight, it may look like there are too many arrows displayed. This is true, but suggest adding a filter in the form of a 50-period Exponential Moving Average. This way we only trade in the direction of the trend and provided signals are much less disturbing.

Buy Trade
For a Long trade follow the below steps:

Price is located above the moving average
No Repaint indicator provides a buy blue arrow
Price swings higher from recent low swing
Buy trade is triggered after the above conditions are met
Set stop loss a few pips below the last swing low
Take profit or exit whenever the No Repaint indicator provides the opposite arrow or use your own method of trade exit

Sell Trade

For a Short trade follow the below steps:

Price is located below the moving average
No Repaint indicator provides sell arrow
Price swings lower from recent high swing
Sell trade is triggered after the above conditions are met
Set stop loss a few pips above the last swing high of the market
Take profit or exit whenever the No Repaint indicator provides the opposite arrow or use your own method of trade exit

As usual, to reach great results, don’t forget about appropriate money management. To be a good trader you will want to master discipline, emotions, and psychology. It is critical to know when to trade, but also when not to trade. Never trade during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, and so on.

How To Set Up The No

Repaint Indicator For Meta

Trader 4?

Files Included

Indicators:

No Repaint Indicator.ex4
No Repaint Indicator.MQL4 source file

Installation Guide

Download the No Repaint Indicator.rar archive at the bottom of this post, unpack it, then copy and paste the No Repaint Indicator.ex4 or No Repaint Indicator.mql4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, as follows:

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

Now go to the left side of your MT4 terminal. In the Navigator find the No Repaint Indicator name, right-click on it and select Attach to the chart, or just drag and drop it on the chart.

Final Thoughts

The No Repaint Indicator for Meta Trader 4 has a good value in adding it to your trading collection tools but just remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing 100% accurate signals all the time. Its performance will vary meaningfully depending on the market conditions.

You can use the No Repaint Indicator For Mt4 to trade Forex, stocks, indices, Gold, Crypto, and Binary Options also.

We tested the indicator trading Binary Options with signals from the M5 timeframe and placed 2 minutes trades with very good results – 90% ITM.

You don’t have a trusted binary options broker to test this trading system?

Try Quotex demo account here:

I am using Quotex for more than one year and all my withdrawals were successful!!

No Repaint Indicator FREE

Download

To download the No Repaint Indicator for Metatrader 4 (MT4) for free, just click the button below:

Download Here No Repaint Indicator for Metatrader 4