Daily Entry Trend Indicator

DailyEntry – Advanced Multi-Indicator Trading System

DailyEntry is a professional-grade MetaTrader 4 indicator designed to help traders identify high-probability entry and exit points using a sophisticated combination of daily pivots, trend analysis, momentum oscillators, and Fibonacci retracement levels. This all-in-one tool provides clear visual and audio alerts for buy and sell signals, making it suitable for both beginner and experienced traders looking for a systematic approach to daily trading.

Key Features:

  • ✅ Multi-Timeframe Analysis:
    Integrates daily pivot points with current price action to generate precise signals.

  • ✅ Trend Detection & Reversal Alerts:
    Uses custom trend buffers and levels to identify ongoing trends and potential reversals in real-time.

  • ✅ Integrated Oscillators:
    Combines Williams %R (WPR), Awesome Oscillator (AO), Bull/Bear Power, and custom moving average-based oscillators for confirmation.

  • ✅ Fibonacci Retracement Display:
    Automatically plots key Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, 76.4%, etc.) on the chart for support/resistance analysis.

  • ✅ Visual & Audio Alerts:
    Draws arrows and labels on the chart and sends pop-up alerts, email notifications, and push notifications when trading signals are generated.

  • ✅ Risk Management Tools:
    Includes configurable risk percentage, stop-loss, and take-profit suggestions based on pivot and Fibonacci extensions.

  • ✅ Customizable Settings:
    Adjustable parameters for trend sensitivity, risk levels, colors, and text labels to fit your trading style and language.

  • ✅ Clean Chart Visualization:
    Displays pivot lines, support/resistance zones, trend direction, and entry points without clutter.

How It Works:

The indicator calculates daily pivot points based on the previous day’s high, low, and close. It then compares current price action with these pivots and multiple oscillator values to determine market bias (bullish/bearish).
When confluence occurs between:

  • Price breaking through pivot levels

  • Oscillator alignment (e.g., WPR crossing oversold/overbought zones)

  • Trend buffer confirmation

…the indicator generates a BUY or SELL signal with suggested entry, stop-loss, and take-profit levels.

Why Choose DailyEntry?

  • Saves Time: No need to plot multiple indicators manually.

  • Increases Confidence: Multi-factor confirmation reduces false signals.

  • Educational: Helps traders understand how pivots, trends, and oscillators interact.

  • Fully Customizable: Adjust colors, labels, risk settings, and notification preferences.

Ideal For:

  • Day traders and swing traders

  • Those trading forex, indices, commodities, or cryptocurrencies

  • Traders who use daily pivots and Fibonacci in their strategy

  • Anyone looking for an all-in-one visual trading assistant

Package Includes:

  • DailyEntry.mq4  indicator file

  • User-friendly input parameters

  • Detailed on-chart instructions and tooltips

  • Multi-language support (text labels customizable)


Installation Instructions

Step-by-Step Installation:

  1. Download the  DailyEntry.mq4  file to your computer.

  2. Open your MetaTrader 4 platform.

  3. Navigate to:

    • File → Open Data Folder

    • Go to MQL4 → Indicators

  4. Copy the  DailyEntry.mq4  file into the Indicators folder.

  5. Restart MetaTrader 4 or right-click in the Navigator window and select Refresh.

  6. Attach the Indicator:

    • Open a chart

    • Go to Insert → Indicators → Custom

    • Select DailyEntry

  7. Configure your preferred settings in the input parameters tab.

Required Permissions:

  • Allow DLL imports: Yes

  • Allow external experts: Yes

  • Enable alerts, email, and push notifications as needed.

Input Parameters Table
Parameter Type Default Description
Plus int 8 Font size for on-chart labels
PeriodInp int 19 Period for EMA & oscillator calculations
DownTrend double 67 Overbought level for WPR (%)
UpTrend double 33 Oversold level for WPR (%)
RISK int 4 Risk buffer around trend levels
clrUP color clrLime Buy arrow color
clrDOWN color clrRed Sell arrow color
clr1 color clrBlue Buy color 1
clr2 color clrRed Sell color 1
clr5 color clrLimeGreen Buy color 2
clr6 color clrDarkOrange Sell color 2
Lots double 0.01 Default lot size
RiskMM bool true Enable/disable risk management
RiskPercent double 5 Risk percentage per trade
Buy ,  Sell ,  Bullish ,  Bearish string "BUY", "SELL", etc. Customizable text labels for your language
Screenshots Description

Screenshot 1 – Overview Dashboard

A clean chart view showing:

  • Daily Pivot Line (white)

  • Support/Resistance Levels (goldenrod/silver)

  • Buy/Sell Arrows with entry points

  • Trend Direction Labels ("Up Trend" / "Down Trend")

  • Fibonacci retracement levels displayed on the right

  • Signal alerts in the top-left corner

Screenshot 2 – Signal Generation

Close-up view of a SELL signal:

  • Red arrow above the candle

  • "SELL" label with price level

  • Williams %R in oversold zone

  • Pivot line acting as resistance

Screenshot 3 – Multi-Timeframe Confirmation

Chart showing:

  • Daily pivot (thick line)

  • H4 trend buffer (dotted line)

  • Awesome Oscillator histogram turning red

  • Confluence of signals leading to a high-probability entry

Screenshot 4 – Alert Notifications

Pop-up window, email, and push notification examples:

  • "BEARISH: SELL EURUSD. YOU MAY CLOSE BUY NOW @ 1.1850"

  • Includes suggested take-profit and stop-loss levels

Screenshot 5 – Customization Panel

Input parameters window showing:

  • Adjustable trend levels

  • Color pickers for all elements

  • Risk management toggles

  • Language/text customization

Troubleshooting
Issue Solution
Indicator not appearing Restart MT4, check file location in MQL4/Indicators
No alerts Enable alerts in MT4: Tools → Options → Notifications
Arrows not drawing Check Timeframe – works best on M15, H1, H4
Fib levels missing Switch timeframes or reload chart
Compilation errors Ensure no duplicate files, check MQL4 syntax
Support & Updates

For updates, bug reports, or customization requests, please contact the developer via MQL5 marketplace or the provided support email.

Happy Trading with DailyEntry! 

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This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle . A red arrow means sell and a green arrow means buy. All arrows comes with Alert  like for easy identification of trade signal. Are you okay with that? 1 minute candle 1 minute expire
Scalper Vault
Oleg Rodin
5 (40)
Scalper Vault is a powerful, fully-equipped trading system designed for traders who want to achieve consistency in intraday trading . This high-precision indicator serves as a complete, standalone trading system that delivers institutional-grade analysis for both Forex and Binary Options traders. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! By eliminating the guesswork and complex manual analysis, Scalper Vault allows you to focus purely on execution using easy t
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Roman Podpora
5 (1)
TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
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