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Quantum trend Alert indicator - Forex Indicator for MT4

The MetaTrader Quantum Alert indicator is the greatest technical trading tool for recognizing overbought and oversold positions in the financial market like forex trading and stocks market. A trend alert system is embedded into the indicator to inform you on the chart dashboard of a potential BUY or SELL opportunity. It highlights overbought and oversold levels by painting BLUE boxes /squares and RED boxes /squares.

Quantum trend Alert indicator: In overbought and oversold stocks & forex trading market conditions, the Quantum trend Alert indicator provides trend reversal buy and sell recommendation alerts for trading entries.

The indicator appears basic yet is capable of detecting specific trend reversal zones. This makes it a useful tool for both new and experienced traders. It's also good for scalping, day trading, and swing trading.

How Quantum trend Alert indicator works

Quantum Trend Alert forex trading system is the most basic day trading tool, with a reputation for regularly giving real-time scalping alerts on MT4 charts. It keeps a careful eye on market momentum shifts and looks for prospective price swings.

Small red boxes appear at the tops of candle highs, indicating a likely bearish trend ahead. The blue boxes at the candle's bottom, on the other hand, signal that the market is prepping for a possible negative move.

You may see one or more boxes in a row, depending on the strength of the market momentum. The stronger the signal, the more the same color boxes appear in sequential order.

Drawback: The major disadvantage of this indicator is that it can provide early indicators on occasion, leading trade entry time to be hampered.

Recommend optimization: As a result, we recommend combining the Quantum Alert indication with supportive price action tools such as horizontal support/resistance, trendlines, or moving averages for better outcomes.

Forex Trading signal (buy/sell) Quantum Trend Alert

Sell signal entry:

When the indicator creates a sound alert in the first red box on the trading dashboard, prepare to go short or sell, but wait for more confirmation trading entries.

We chose to go short after observing many red boxes, particularly a Strong bearish reversal, as shown in the chart above.

We advised closing the order when the price began to rise after a brief stabilization at the bottom.

Buy signal entry:

In the below chart, Quantum Trend Alert plots three blue boxes at the bottom of the chart, as the candle begins to close as inside bars.

We'll wait for more confirmation before placing a buy order if the price rises over the huge bullish candle.

When the indicator indicates a bearish reversal, you can close the trade. You could also try taking profits when the price reaches a significant support/resistance level or reaches your desired risk ratio.

Quantum trend Alert indicator setting

The indicator has a few parameters that can be changed. After installing the indicator, users should check the "Allow DLL imports" box.

Eint Depth 3: The most essential signal parameter is Eint Depth 3. It specifies the number of times the signals are presented. The higher the value, the fewer the signals, and vice versa.

Popup: This parameter is used to enable/disable the popup signal alert on the screen.

Sms: This parameter enables/disables the indicator to send a signal alert via SMS.

Email: This parameter enables/disables the indicator to send a signal alert via Email.

Up msg: This displays the Quantum BUY alert.

Down msg: The Quantum SELL alert is displayed here.

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