"Female Fighter" Indicator - Your Ultimate Trading Companion
"Trade with Precision, Fight with Strategy – Conquer the Markets!"
🔹 Overview
The "Female Fighter" is a MetaTrader 4 (MT4) technical indicator designed to generate BUY/SELL signals based on a combination of Parabolic SAR (PSAR) and Average Directional Index (ADX). It helps traders identify potential trend reversals and strong trending markets.
📌 Key Features:
✅ Clear BUY/SELL Arrows on the chart for easy identification.
✅ Customizable Alerts (Sound, Email, SMS).
✅ Real-time Account & Market Data Display.
✅ Works on All Timeframes & Pairs.
🔹 How It Works
The indicator combines two key technical tools:
📈 Parabolic SAR (PSAR) – Detects potential reversals when price crosses the SAR dots.
📊 ADX (Average Directional Index) – Confirms trend strength (only trades when ADX 20).
⚙️ Trading Logic:
BUY Signal → When PSAR flips below price & ADX 20 (Strong Trend).
SELL Signal → When PSAR flips above price & ADX 20 (Strong Trend).
🔹 Indicator Settings (Input Parameters)
ParameterDescriptionRecommended Value
MAIN_PERIODControls PSAR sensitivity (lower = more signals).10 (Default)
ADX_PERIODADX smoothing period (trend strength filter).7 (Default)
MINBARSLimits historical bars calculation for optimization.10000 (Default)
GRAPHICAL_USER_INTERFACEShows/Hides the info panel.TRUE (Recommended)
SOUND_ALERTPlays sound on new signals.TRUE (Optional)
EMAIL_NOTIFICATIONSends email alerts.FALSE (Set if needed)
SMS_NOTIFICATIONSends SMS alerts (requires broker support).FALSE (Set if needed)
ArrowDisplacementAdjusts arrow distance from price.1 (Default)
🔹 How to Install & Use
📥 Download the .mq4 file and place it in:
MT4 MQL4 Indicators
🔄 Restart MT4 or refresh indicators.
📊 Apply to Chart by dragging from the Navigator.
⚙️ Configure Alerts (Enable/Disable in settings).
🔹 Trading Recommendations
✔ Best for Trending Markets – Works well when ADX 25.
✔ Combine with Support/Resistance – Avoid false signals in choppy markets.
✔ Use Stop-Loss – Always manage risk (e.g., ATR-based SL).
🔹 Pros & Cons
✅ Advantages:
Simple, visual signals (no lagging repaints).
Customizable alerts for active traders.
Free account/market data dashboard.
❌ Limitations:
May produce false signals in sideways markets.
Requires ADX confirmation (not ideal for scalping).
🔹 Final Verdict
The "Female Fighter" is a powerful yet simple trend-following indicator. It’s ideal for swing traders & trend followers who prefer mechanical signals. For best results, combine it with price action analysis and proper risk management.
🚀 Happy Trading!
"Trade Smart, Stay Disciplined – Let the Female Fighter Guide Your Battles!"
📌 Note: Always test in a demo account before live trading.