As traders, one of the toughest battles is spotting market reversals before they unfold. Enter the Horns Pattern Identifier Indicator for MT4 by LuxAlgo. This tool is designed to detect a rare but powerful price action setup called the horns pattern, a formation that often marks tops and bottoms in the market.

If you’ve struggled with late entries or getting trapped in fakeouts, this indicator might be the clean solution you’ve been waiting for. It’s lightweight, non-repainting, and suitable for scalping, day trading, or swing trading, making it a versatile weapon for any strategy.

Horns Pattern Identifier Indicator

What is the Horns Pattern?

The horns pattern is built on the idea of symmetry in price action. It occurs when two relative highs or lows form “horn-like” shapes at roughly equal levels. Think of it as the market stalling, testing the same area twice, and hinting at a reversal.

    • Bullish Horns Appear at market bottoms.
    • A green upward arrow is under the candlestick.
    • Suggests a potential reversal to the upside.
    • Bearish Horns Appear at market tops.
    • A red downward arrow is above the bar.
    • Indicates a potential bearish reversal.

Alongside arrows, the indicator plots horizontal dashed levels. These act as short-term support and resistance thresholds, providing you with extra confidence about where the price might pivot.

Use Any EA or Trading Robot
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Available From 0.99$
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 
Up to $600,000 simulated trading capital
Use code “forexcracked” for 20% off
Up to 90% profit splits
Broker-backed trading firm
Early payout options are available.

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How to Trade with the Horns Pattern Identifier Indicator

Here’s how many traders put it to work:

Bullish Setup

  1. Wait for a green arrow below the candle.
  2. Confirm with a support level holding nearby.
  3. Enter a buy trade, with stop-loss under the horns’ low.
  4. Target the next resistance or use trailing stops.

Bearish Setup

  1. Look for a red arrow above the candle.
  2. Check that the price is rejecting a resistance level.
  3. Enter a sell trade, with stop-loss above the horns’ high.
  4. Take profit at the next support zone.

Pro tip: While the indicator works standalone, combining it with tools like a moving average trend filter or RSI divergence can boost accuracy and help you avoid false signals.

Why Traders Like It

  • Non-repainting signals – no disappearing arrows after the fact.
  • Works on all timeframes – from 1-minute scalping to weekly swing trades.
  • Visual clarity – arrows + dashed SR levels make analysis simple.
  • Adaptable – works across forex, stocks, crypto, and indices.
  • Early warning system – helps spot pivots before momentum shifts.

It’s the kind of tool that doesn’t overwhelm your chart but gives you clear, actionable signals you can trust.

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Read More Price Patterns Forex Indicator for MT4

Conclusion

The Horns Pattern Identifier Indicator for MT4 is a unique price action tool that helps traders anticipate trend reversals with precision. By marking horn formations with arrows and support/resistance levels, it delivers actionable signals for both bullish and bearish setups.

Whether you’re a scalper looking for quick reversals or a swing trader hunting for tops and bottoms, this indicator can sharpen your timing and improve your edge. Pair it with your existing strategy or run it standalone; either way, it’s a solid addition to your trading toolkit.

Download the Horns Pattern Identifier Indicator today and start trading reversals like the pros.