SP2L Signals MT4

SP2LS is a lightweight and practical trading indicator designed to help traders identify potential entry areas, stop-loss levels, and take-profit zones directly on the chart.

The indicator uses price action logic together with a moving average filter to display possible buy and sell setups. It also provides visual risk/reward zones, making trade planning easier, faster, and more organized.

SP2LS is especially useful for traders who want a simple chart-based tool for monitoring signals, risk areas, and trade outcomes without adding unnecessary complexity to their workspace.

Main Features:

- Buy and sell signal detection
- Stop-loss and take-profit level calculation
- Visual risk and reward zones on the chart
- Optional original arrows display
- Summary panel for SL, TP, activated, and not activated signals
- Lightweight and easy to use

This indicator is designed as a decision-support tool and should be used together with your own trading strategy, market analysis, and risk management rules.

MT5 version

We welcome your suggestions and feedback to improve this indicator. Your ideas help us make the tool more useful, practical, and trader-friendly.

Stay in touch with us. We are programming for you for free.

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