Platinum Indicator for MetaTrader 4 – Free Download [TFlab]

The Platinum Indicator for MetaTrader 4 is a clear and efficient technical analysis tool designed to identify potential bullish and bearish trend reversals using visual arrow signals.
Based on a momentum-driven algorithm, this indicator detects structural price changes and displays green arrows on the chart, signaling possible trade entry or exit points in real time.

You can download it from this link:

https://cdn.tradingfinder.com/file/5...4-by-tflab.zip

You can also access the MetaTrader 5 version of this Indicator through this page:

https://www.forexfactory.com/thread/...-free-download

For instructions on how to install:

https://www.forexfactory.com/thread/...-in-metatrader

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Platinum Indicator Specifications
The Platinum Indicator is categorized as follows:

Indicator Categories

1. Signal & Forecast MT4 Indicators
2. Trading Assist MT4 Indicators
3. Momentum Indicators in MT4

Supported Platform

1. MetaTrader 4 (MT4)

Trading Skill Level

1. Intermediate

Indicator Type

1. Reversal MT4 Indicators

Supported Timeframes

1. Multi-Timeframe MT4 Indicators

Trading Style

1. Intraday Trading

Trading Instruments

1. Forex Market
2. Cryptocurrency Market
3. Stock Market Instruments

Platinum Indicator at a Glance
The Platinum Indicator continuously analyzes price behavior and momentum strength. When predefined conditions are met, it automatically plots a green arrow on the chart:

1. Upward green arrow → Potential bullish trend

1. Downward green arrow → Potential bearish trend

With its adjustable risk-level parameter, traders can fine-tune the indicator’s sensitivity to adapt it to different market conditions and volatility environments.

Indicator in an Uptrend
The example below illustrates the Ripple (XRP) cryptocurrency on the 4-hour timeframe.
When an upward green arrow appears:

1. A potential bullish trend is identified

1. A buy entry signal is generated

1. The signal can be confirmed using additional technical tools

This alignment indicates increasing buying pressure and supports trend-following long positions.

Bullish Trend Analysis with Platinum Indicator

1. Detection of early bullish momentum

1. Visual confirmation of buy entry opportunities

Indicator in a Downtrend
The following example shows the GBP/CAD currency pair on the 15-minute timeframe.
When a downward green arrow is displayed:

1. A bearish trend initiation is suggested

1. A sell entry opportunity is formed

1. Stop-loss placement can be set slightly above the previous price high

This setup highlights growing selling pressure and favors short trade execution.

Bearish Trend Evaluation with Platinum Indicator

1. Clear visualization of sell signals

1. Improved timing for bearish market entries

Platinum Indicator Settings
The Platinum Indicator includes several configurable parameters to enhance signal control and alert management:

1. RISK: Defines the overall risk and signal sensitivity level

1. ARROWS_GAP: Adjusts the distance between arrows and price

1. ALERT: Enables on-screen alerts

1. EMAIL: Sends signal notifications via email

1. NOTIFICATION: Activates push notifications

1. MESSAGE_TIMEOUT: Sets alert delay duration

1. MESSAGE_SUBJECT: Customizes alert message titles

These settings allow traders to personalize signal behavior according to their trading strategy.

Conclusion
The Platinum Indicator for MetaTrader 4 is a reliable momentum-based trading tool that visually highlights potential trend beginnings and reversals using bullish and bearish arrow signals.
By combining:

1. Adjustable risk settings

1. Multi-timeframe compatibility

1. Clear visual trade signals

this indicator helps traders improve entry precision and decision-making efficiency. The Platinum Indicator is suitable for Forex, cryptocurrency, and stock market traders seeking a simple yet effective signal-based trading assistant.

Thanks for sharing the indicator and the detailed explanation. I’ll download it and do some testing on demo first, especially across different timeframes. I’ll report back with some feedback once I have enough data.