If you’re like me and prefer tools that offer clarity without clutter, the Urban Towers Forex Indicator for MT4 is one you’ll want on your chart. It’s one of those indicators that cuts through the noise and helps you focus on what matters: the trend. It uses six moving averages with progressive periods to create a clear structure for identifying trend direction, potential reversal zones, and re-entry opportunities in an ongoing trend.
Whether you’re a short-term scalper or a long-term swing trader, this one adapts well. And for those who like to build or run automated strategies? You’re covered—this indicator doesn’t repaint after candle close, so it’s suitable for EA integration too.
How Urban Towers Works on MT4
Once you install the Urban Towers indicator, you’ll notice it plots:
- 3 blue moving averages
- 3 green moving averages
- Aqua arrows for bullish signals
- Red arrows for bearish signals
The stacked moving averages help define the trend, while the colored arrows provide timing for entries. These visual cues make it easier to decide whether to look at a genuine trend move or a short-term fluctuation.
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Max Leverage
Small Accounts
Platforms
1:2000
Yes ✅ (Cent)
MT4, MT5
No Commission
Up to 90% profit splits
800+ Financial Markets
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Buy and Sell Signal Strategy
Here’s how I use it:
Buy Setup
- Wait for an aqua up arrow to appear.
- Confirm that the price is trading above the green and blue MA bands.
- Enter a buy trade, placing your stop loss below the recent swing low.
- Trail your stop or exit the trade once a red arrow appears.
Sell Setup
- Watch for a red down arrow to show up.
- Confirm price is below all six moving averages.
- Place a sell trade with your stop loss above the last swing high.
- Again, consider exiting when the next aqua arrow appears, indicating a potential trend shift.
The great thing about this indicator is that it doesn’t just give a single trade entry and call it a day. During a trending move, you might get multiple signals. That’s when I’ll consider stacking positions, but only if my margin and risk management are in check.
Risk Tip
Stacking entries during a trend can lead to great returns, but don’t get greedy. Every new entry adds more risk; one market reversal can wipe out multiple wins. So always trade within your comfort zone.
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Final Thoughts
To sum it up, the Urban Towers Forex Indicator for MT4 is a fantastic trend-following tool. It’s simple, clean, and surprisingly versatile. I use it primarily for directional confirmation and timing entries. That said, I never rely on it alone—I always bring in price action or support/resistance analysis for confirmation.
If you’re serious about trading trends and want an easy-to-read but practical indicator, this one’s worth trying. Just remember—no tool is a magic bullet. Use it wisely, backtest it thoroughly, and always follow solid risk management.
