I appreciate more than a clean chart and a simple signal regarding trading. That’s exactly what the Profitunity Bars Forex Indicator brings to the table. No clutter, no confusing settings—just pure color-coded momentum signals that are easy to read and even easier to act on.
Whether scalping, day trading, or holding a swing trade for a few days, this MT4 indicator adapts beautifully across all timeframes. I’ve used it on the 15-minute chart for scalping EUR/USD and on the daily chart to hold longer positions on GBP/JPY. It performs consistently across the board.
What Is the Profitunity Bars Forex Indicator?
The Profitunity Bars Forex Indicator for MetaTrader 4 is a momentum-based indicator that highlights bullish and bearish candles with green and red colors, respectively. Neutral candles are left unchanged, giving you a cleaner view of actual momentum shifts instead of guessing with every candle.
And best of all? It doesn’t repaint. Once the bar closes, that signal sticks.
That’s a huge plus if you’ve ever been burned by repainting indicators that change their mind halfway through a trade.
How I Trade With Profitunity Bars
Here’s the exact way I’ve used it in my trading routine:
Buy Signal
- Candle changes to green
- The market shows upward momentum
- I usually enter at the candle close, setting a stop loss below the last swing low
- No hard take-profit. I ride the trend until:
- An opposite red candle appears
- A neutral candle forms (which sometimes signals exhaustion)
Sell Signal
- The candle turns red
- Bearish momentum is in play
- Enter at close, stop goes above the most recent swing high
- Exit when I see a green bar or if a neutral candle starts forming during consolidation
It’s momentum trading at its simplest—and most reliable.
1ms Latency to Your Broker
100% Uptime Guarantee
Max Leverage
Small Accounts
Platforms
1:2000
Yes ✅ (Cent)
MT4, MT5
No Commission
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A Few Trading Tips
- Always combine it with price action. The indicator gives you directional bias, but I like to confirm it with basic support and resistance.
- Watch for neutral candles during tight consolidation. If you’re in profit and a gray/neutral bar pops up, that’s your cue to tighten stops or close partially.
- Pair it with moving averages or fractals for trend filtering if you’re trading longer-term charts.
What Makes It So Useful?
- Non-repainting signals after candle close
- Works on all timeframes
- Ideal for scalping, intraday, and swing trading
- Easily customizable and lightweight—doesn’t slow your MT4 down
- Clean visual interface—green bars for buying, red for selling
It’s perfect for traders like me who don’t want to overcomplicate things. I’ve used fancy indicators with dashboards and predictive algorithms… but this one consistently makes it back on my charts.
Free Download Profitunity Bars Forex Indicator
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Final Thoughts – Is It Worth Using?
Absolutely. The Profitunity Bars Forex Indicator for MT4 is one of those rare tools that delivers real value without the noise. It doesn’t try to be overly smart—it just helps you spot momentum shifts visually and quickly. Always back it up with proper risk management and some good old price action context.
Summary
- Color-coded momentum signals (green for bullish, red for bearish)
- Non-repainting indicator
- Perfect for all timeframes and trading styles
- Great for both beginner and advanced traders
- Simple strategy: buy on green, sell on red, manage trades based on neutral bars
