Tired of laggy indicators that miss out on the real entry and exit zones? Frustrated by repainting tools that look good only in hindsight? You’re not alone. If you’re serious about sharpening your edge in the market, the XQ Forex Indicator V4.0 for MT4 might just be what you need. This tool is designed to bring clear, confident, and timely signals to both novice and pro traders alike.

And here’s the kicker—it’s completely free to download on MQL5.software, backed by the trusted YoForex ecosystem. Whether you're scalping or going long, this indicator adapts to multiple trading styles and pairs… no fluff, no repaints, just pure signal precision.

Let’s dive deep into what makes this tool a must-have in your MT4 toolbox.

Overview: What is XQ Forex Indicator V4.0?

The XQ Forex Indicator V4.0 is a technical analysis tool built for MetaTrader 4, tailored for intraday and swing trading. At its core, it’s a hybrid algorithm combining trend-following and reversal logic to detect key price turning points.

Unlike typical indicators that give false hope during sideways markets, the XQ Indicator integrates multiple filters (volatility, volume, and candle structure) to reduce noise. With just a glance, traders can spot:

  • Trend reversals
  • Strong breakouts
  • Buy/sell momentum shifts
  • Entry confirmations after retracements

And yep, it works seamlessly with any major forex pair—though it performs best on EUR/USD, GBP/USD, and USD/JPY.

XQ Forex Indicator V4.0 MT4

Time Frame Recommendation: M15, M30, and H1.
Minimum Deposit: $100 (for those using signals with micro-lots on a live account).

Tested and verified by YoForex, this tool is being used in real-time by thousands of traders across the world.

Key Features of XQ Forex Indicator V4.0

• + Real-time buy and sell signals
• + Works on all major forex pairs (EUR/USD, GBP/USD, USD/JPY, etc.)
• + No repainting – what you see is what you trade
• + Uses multi-timeframe trend filters
• + Integrates volume profile to confirm breakout zones
• + Customizable alert system (sound, email, push notifications)
• + Designed for M15, M30, H1 timeframes
• + Compatible with all MT4 brokers
• + Easy-to-understand arrow-based display
• + Sleek UI and minimal chart clutter
• + Ideal for scalping, day trading, and swing trading
• + Zero dependency on lagging indicators like RSI or MACD

Whether you’re running solo trades or combining it with an Expert Advisor, XQ brings clarity to chaos.

Backtest Results & Live Performance

When it comes to credibility, YoForex doesn’t mess around. The XQ Forex Indicator V4.0 has undergone rigorous backtests across multiple brokers and volatile environments—NFP days, London open spikes, you name it.

Backtest Parameters:

  • Symbol: EUR/USD
  • Time Frame: M15
  • Period: Jan 2023 – Mar 2024
  • Win Rate: 73%
  • Max Drawdown: 4.1%
  • Risk:Reward Ratio: 1:1.8
  • Avg. Monthly Signals: 80–100 quality trades

Live traders have shared similar results, especially when paired with simple price action confirmation. The indicator doesn’t just shoot random arrows—it waits for confluence, making sure false breakouts are filtered out.

How to Install & Configure

Getting started with the XQ Forex Indicator V4.0 is as easy as pie. Here’s your 60-second guide:

Step-by-Step Setup:

  1. Download the indicator from MQL5.software
  2. Open MetaTrader 4, go to File > Open Data Folder
  3. Paste the .ex4 file into MQL4/Indicators
  4. Restart MT4 and drag XQ onto your preferred chart
  5. Adjust settings like alert type, signal sensitivity, and risk tolerance

For best results, keep the signal filter level on “Medium” and enable email/push alerts so you never miss a trade.

XQ Forex Indicator V4.0 MT4

Why Choose YoForex Tools?

YoForex isn’t just another EA or indicator vendor—they’re a global community of traders and devs focused on free, powerful, and proven tools.

Here’s why traders keep coming back:

  • 100% free downloads—no shady upsells
  • All indicators and EAs tested live and backtested
  • Transparent development team
  • Telegram support, WhatsApp guidance, and regular updates

Want more tools like XQ? Visit our YoForex homepage to explore a universe of smart automation and signal systems.

Support & Disclaimer

Got questions? Need help with your setup?

• Telegram Group: Join Now
• WhatsApp Support: Chat With Us

Our team usually replies within an hour on trading days. If you run into bugs or want new features—don’t hesitate to message.

Quick Disclaimer:
Trading involves risk. Past performance is not a guarantee of future results. Always test indicators on a demo account before going live, and use proper risk management.

Call to Action

Why wait? Take control of your trading with this precision tool that doesn’t cost a dime.

Download XQ Forex Indicator V4.0 Now – FREE on MQL5.software

Join our Telegram for the latest updates and support

Happy Trading