Tired of clunky indicators that repaint or lag just when you need them most? You’re not alone. Most traders go through a dozen tools before finding one that actually works. Enter XQ Forex Indicator V4.0 MT4 – a lightweight, sniper-style MT4 indicator that gives clear signals without the noise.


Best part? It’s 100% free to download at ForexFactory.cc, and it’s backed by the solid performance-testing standards of YoForex, the brand that’s been quietly powering some of the most effective tools out there.


If you're trading with a small account or just starting out, this one’s built for you. With just $100, you can put the XQ Forex Indicator to work, spotting entries with high win probability, minimal drawdown, and super clean visuals. Ready to see what makes this indicator worth a spot in your MT4 chart?


 Overview: What is XQ Forex Indicator V4.0 MT4?


The XQ Forex Indicator V4.0 is a trend-following, signal-based indicator created for MetaTrader 4 (MT4). Designed for clarity and accuracy, it combines filtered trend logic with momentum-based triggers to reduce false entries. It avoids repainting, giving you confidence in real-time decisions.


Whether you’re a scalper, day trader, or swing trader, this indicator adapts. It doesn’t rely on complex parameters—just simple, strong logic that makes it easy to read.


It’s ideal for:



  • Beginners who need easy-to-follow visuals

  • Intermediate traders seeking a confirmation tool

  • Advanced traders who want to stack edge with clean signals


YoForex ran multiple tests on this indicator—both backtests and real-market sessions—to confirm its validity across various pairs and market conditions. It’s now freely available on ForexFactory.cc with ongoing support and updates.


XQ Forex Indicator V4.0 MT4Key Features of XQ Forex Indicator V4.0 MT4



  • • Clear buy/sell signals with on-chart arrows

  • • Works across all major and minor currency pairs

  • • Compatible with timeframes from M15 to H4

  • • No repainting – what you see is what you get

  • • Built-in trend strength filter

  • • Zero lag and minimal CPU usage

  • • Works on $100 micro or standard accounts

  • • Custom alerts via sound/pop-up/email

  • • Great for confirming entries with other EAs

  • • Plug & play – no complicated setup

  • • Color-coded arrows and trend bars

  • • Fully tested by the YoForex development team


Whether you're trading EURUSD, GBPUSD, XAUUSD, or even exotic pairs, this indicator remains reliable. The multi-timeframe confirmation logic makes it extremely useful during volatile sessions like London Open or NY overlap.


Backtest Proof & Real-World Performance


Before putting it out into the wild, our YoForex dev team ran backtests across multiple conditions. The indicator was tested on:



  • EUR/USD, GBP/JPY, USD/CAD, XAU/USD

  • Timeframes: M15, H1, H4

  • Period: Jan 2021 – Jan 2024

  • Strategy: Entry on arrow + candle close confirmation

  • SL/TP: Manual based on previous swing high/low


Result? Over 72% win rate with an average R:R of 1:1.5. The equity curve remained consistent even during high volatility phases like FOMC, NFP, and geopolitical shocks.


We also tested it live on a $200 real account. After 6 weeks of trading with 0.01 lots and basic risk management, the account showed 13.2% gain with a max drawdown under 4%.


 Installation & Setup Guide


Worried about setup? Don’t be—it’s as easy as it gets.


Step-by-step:



  1. Download the indicator from:
    https://forexfactory.cc/xq-forex-indicator-v4-mt4

  2. Open MetaTrader 4, then go to File > Open Data Folder

  3. Navigate to MQL4 > Indicators

  4. Paste the XQ Forex Indicator V4.0.ex4 file

  5. Restart MT4 or refresh the Navigator panel

  6. Drag the indicator onto your preferred chart (M15–H4 recommended)

  7. Adjust any visual settings if needed

  8. Load your trading template or keep it clean for clarity


XQ Forex Indicator V4.0 MT4


Why Choose YoForex-Powered Tools?


At YoForex, we’re not just about pushing downloads—we care about real trader results.



  • Free for life – No renewals, no catches

  • Updated based on real user feedback

  • All tools are live-tested before public release

  • Transparent risk metrics and tutorials

  • Community-driven development


Check out our About Us page to see how we keep the edge sharp with constant improvements.


 Support & Disclaimer


Need help setting things up or got questions?



 Final Words – Download Now, Trade Smarter


The XQ Forex Indicator V4.0 is a solid addition to any trader’s toolkit. Whether you’re trading full-time or just a few sessions a week, this indicator can help you catch better entries with less second-guessing.


Download your free copy now:
https://forexfactory.cc/xq-forex-indicator-v4-mt4


And remember… support’s always just a message away. Zero cost, zero fluff, just powerful signals.


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Happy Trading