Metatrader 4 Trade Bitcoin

Metatrader 4 trade bitcoin

0

Bitcoin Trader Metatrader 4 Cryptocurrency Indicator

The Bitcoin Trader MT4 indicator is a buy/sell signal indicator that can be used for Bitcoin trading or any other cryptocurrency.

The indicator follows the Bitcoin trend for any time frame of your choice.

A bullish Bitcoin trend occurs when the indicator draws a blue line on the chart.

In this case, Bitcoin traders look to buy the cryptocurrency.

A bearish Bitcoin trend occurs when the indicator draws a yellow line on the chart.

In this case, Bitcoin traders look to sell the cryptocurrency.

The Bitcoin Trader MT4 indicator settings can be fully modified from the indicator’s inputs menu.

Experiment with its settings!

Feel free to use the indicator on other cryptocurrencies as well (Ethereum, Ripple,…).

Free Download

Download the Bitcoin-Trader.ex4” MT4 indicator

Example Chart

The Bitcoin 5-Minute chart below displays the Bitcoin Trader Metatrader 4 indicator in action.

Basic Trading Signals

Signals from the Bitcoin Trader MT4 indicator are easy to interpret and goes as follows:

Buy Signal: Buy Bitcoin when the Bitcoin Trader indicator signal line changes color from yellow to blue.

Sell Signal: Sell Bitcoin when the Bitcoin Trader indicator signal line changes color from blue to yellow.

Trade Exit : Use your own method of trade exit.

Download

Download the Bitcoin-Trader.ex4” Metatrader 4 indicator

MT4 Indicator Characteristics

Cryptocurrencies: Any (Bitcoin, Litecoin, Dash, Ethereum,..)

Platform: Metatrader 4

Type: Chart pattern indicator

Customization options: Variable (signal period, filter, take profit, stop loss, alerts ) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: signal

Installation

Copy and paste the Bitcoin-Trader.ex4 into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

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

How To Day Trade Bitcoin & Crypto Currency on Metatrader 4