BLACKBIRD Indicator V1.0 MT4 – Precision Buy/Sell Forex Signals


Introduction


Most traders struggle with one thing: timing entries and exits. You may know the trend, but pulling the trigger at the right moment is tough. That’s why tools like the BLACKBIRD Indicator V1.0 MT4 exist.


This trading indicator gives you clear buy and sell signals, designed to cut through noise and give high-probability setups. Built for MetaTrader 4 and available free on ForexFactory.cc, it helps both beginners and pros make better trade decisions.


Overview


The BLACKBIRD Indicator V1.0 MT4 is a non-repaint, trend-based signal tool that works on any forex pair and any timeframe.


It uses a combination of trend filters, volatility readings, and momentum detection to confirm when buyers or sellers are in control. Once conditions align, the indicator plots buy or sell arrows directly on the chart.


Who It’s For:



  • Scalpers – Use on M1, M5, M15 for fast entries.

  • Intraday Traders – H1 for trend setups.

  • Swing Traders – H4 and D1 confirmation trades.



Key Features


• Non-Repaint Signals – Arrows stay fixed once plotted.
• Any Pair & Timeframe – EURUSD, GBPUSD, USDJPY, Gold, etc.
• Clear Buy/Sell Arrows – Easy visual signals for entry.
• Trend Filter – Avoids counter-trend traps.
• Scalping & Swing Modes – Works for both short and long-term trading.
• Alert Notifications – Pop-up, sound, and push alerts.
• Customizable Settings – Adjust sensitivity to reduce or increase signals.
• Lightweight & Fast – Doesn’t slow down MT4.
• Free Updates – Provided by YoForex.


Backtest & Performance


YoForex tested the BLACKBIRD Indicator on major forex pairs.


Test Period: Jan 2022 – Apr 2025
Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD
Timeframes: M15, H1, H4


Results:



  • Accuracy: 78–83% depending on timeframe

  • Best Setup: GBPUSD M15 and EURUSD H1

  • False Signals: <18% with trend filter ON

  • Profit Factor: 1.88


Community Feedback:



  • Scalpers liked its low-lag arrows.

  • Swing traders reported solid performance on H4 gold charts.



Installation & Setup



  1. Download from ForexFactory.cc.

  2. Copy .ex4 file into MT4/Indicators folder.

  3. Restart MetaTrader 4.

  4. Open any forex chart.

  5. Attach BLACKBIRD Indicator from Navigator.

  6. Adjust settings (sensitivity, alerts).


Best Practices



  • Scalping: Use M5 or M15 in London/NY sessions.

  • Swing: Combine with support/resistance for H4 entries.

  • Avoid News Spikes: Wait for stable market conditions.

  • Risk Management: SL below/above recent structure; RR 1:2 recommended.


Why YoForex Tools?


YoForex indicators stand out because they’re:



  • Backtested & Verified – Results shared openly.

  • Free for Life – No hidden licensing.

  • Regularly Updated – To adapt with market volatility.

  • Community Driven – Active support on Telegram & WhatsApp.


Browse more in the Indicators Section.


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Call to Action


Looking for a non-repaint, easy-to-use signal tool? The BLACKBIRD Indicator V1.0 MT4 gives you accurate entries, clear arrows, and flexibility across pairs and timeframes—all free.


Download BLACKBIRD Indicator V1.0 MT4 Free and sharpen your forex trading today.


YoForex – empowering traders worldwide, one free tool at a time.


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Happy Trading