Nasdaq Signal Pro with Auto TP SL MT4
- Indicators
- Version: 1.36
- Activations: 5
Nasdaq Signal Pro with Auto TP SL — MT4
Entries, profit targets and stop levels: Nasdaq trading information on one chart.
Nasdaq Signal Pro is a discretionary trading indicator for Nasdaq-100 cash index CFDs on MT4. It displays BUY/SELL candidates, a reference entry price, take-profit (TP) and stop-loss (SL) levels on M5 and M15 charts. The blue panel brings together signals, market conditions and reference prices so you can review a setup before placing an order.
This is the MT4 edition. The MT5 edition is a separate product. This indicator does not place, close or modify orders automatically.
Bonus for lifetime purchasers
Buy a lifetime license and receive AI Zone Radar (MT5 edition) free of charge. This separate indicator displays support/resistance zones and reference strength scores to help you review nearby price areas.
After purchase, send the author an MQL5 message requesting the “AI Zone Radar bonus”. After your purchase is verified, you will receive delivery instructions. Lifetime purchases qualify; rentals do not. The bonus is MT5-only, including when you purchase the Nasdaq MT4 edition: you need MT5 to use it.
Review a setup in three steps
- Check BUY/SELL direction and the moving average identified by the signal.
- Check the MARKET status and its reasons.
- Review Entry, TP and SL together with the current quote, spread and position size, then make your own trading decision.
Prices move after detection. Execution at the displayed reference price is not guaranteed.
Four moving averages for pullback candidates
The indicator uses 13-, 21-, 75- and 100-period simple moving averages. An MA touch is the starting point, combined with direction and price-action conditions. Each signal identifies its MA and shows a three-level assessment of the conditions.
Not every MA touch generates a signal. Adjacent candidates in the same direction at the same MA are among those suppressed; signals can appear again when conditions change. The three levels describe the combination of conditions, not a ranking of win probabilities or a promise of profit.
Reference TP and SL prices
Entry, TP, SL and the reward-to-risk ratio are shown in the panel alongside colored chart zones. M5 uses a basis of TP 24.55 index points and SL 24.21 points. On M15, TP depends on ATR, the signal MA and its condition assessment; the SL distance is capped at the TP distance. Prices are adjusted to the symbol’s tick size.
Measure the reward and risk from the panel’s Entry. The dotted line and boundary between colored zones represent the MA reference, which can differ from the detected Entry. Your actual fill, fees and slippage change the realized reward-to-risk ratio.
Read market conditions in the panel
- SIGNAL: direction, signal MA and three-level condition assessment.
- MARKET: GOOD / CAUTION / RISK with the reasons for the status.
- Trend / MTF(H4): reference direction on the current timeframe and H4.
- ATR / H1 RSI: volatility information and H1 RSI.
- VOLA: the last closed candle’s high–low range divided by the average range of the preceding 20 closed candles.
- Entry / TP / SL / RR: reference prices and reward-to-risk ratio.
GOOD does not mean a profitable trade. A data-waiting message appears while required history loads. Trail is a reference based on the 21-period MA; it does not move an actual stop automatically.
Desktop and smartphone alerts
Sound, pop-up and MetaTrader mobile push alerts are supported. Push messages include the symbol, timeframe, direction, condition assessment, MARKET status, reference entry, TP and SL.
Choose ALL, GOOD_CAUTION or GOOD_ONLY for alerts. This controls notifications, not the chart’s signal conditions. Configure your MetaQuotes ID in desktop MT4 and enable Push in the indicator. The PC, terminal and internet connection must remain running. Delivery can be delayed or fail. The indicator cannot run on a smartphone alone.
Broker symbol names
Supported naming patterns include NAS100, US100, US100Cash, USTEC, USTECH, USTECH100, NDX100, NASDAQ100 and NASDQ100. Recognized prefixes/suffixes, such as US100Cash#, USTECm and NAS100.pro, are also handled.
The intended instrument is a Nasdaq-100 cash index CFD. Not every custom broker name is guaranteed to work. Short names such as Nasdaq, NAS and NDX also require the symbol description to identify the instrument. Expiring futures, ETFs, individual stocks and the Nasdaq Composite are outside the scope.
Lots and monetary values
The monetary value of a 24.55-point move depends on your broker’s contract and position size. A reference formula is: price difference ÷ tick size × tick value for one lot × number of lots. If tick value is already in the account currency, no further currency conversion is needed.
Increasing lot size increases both profit and loss proportionally. Check the contract specifications and potential loss at SL before choosing a size.
TP HIT, SL HIT and historical signals
TP HIT / SL HIT at the bottom of the panel is a reference assessment using chart highs/lows from the candle after the signal onward. If both levels are reached within one candle, their order cannot be established. This is not an executed-order result.
WR, W and L are observations of saved candidates, calculated differently from the bottom-of-panel assessment. They are not actual account trading results.
Candidates are detected on the forming candle and the most recently closed candle. Historical signals can change when history is added or recalculated: this is not a non-repainting product. Recalculated historical arrows may differ from signals that were actually notified and recorded.
Requirements
- Windows MetaTrader 4, a supported Nasdaq-100 cash CFD, and M5 or M15 charts.
- Display mode changes with the timeframe.
- One instance per symbol/timeframe in the same terminal. M5 and M15 can be used together.
- DLL and automated-trading permissions are not required.
To show RSI below the chart, add the terminal’s standard RSI separately; reference settings are 14 periods, Close, levels 30/70. Broker data, spreads, contract specifications and server times can cause differences in signals and reference results between brokers or terminals.
Nasdaq on its own, or alongside gold
Use Nasdaq Signal Pro on its own, or monitor separate supported charts with the gold edition while waiting for gold setups. Combining them does not guarantee more entries or profit. Gold and Nasdaq may move together; consider the total risk when holding multiple positions.
This tool supports discretionary decisions. It guarantees neither profit nor a particular win rate. Before buying, check the display with the Market demo, which operates in the Strategy Tester’s visual mode for indicators.
