DEN MURAKAMI

Japanese style of Forex trading

Forex RedBlue Indicator

User’s Manual
by Den Murakami
I made simple & nice indicator, which looks really interesting. Its name is simple too -
RedBlue Indicator. It based on M.A., but with special advanced features. It draws blue
arrows - Buy signal and red arrows - Sell signal.

Main idea is to show best point to enter. It's quite sensitive, that's why it makes false
signals on sideway market. In that case, I highly recommend you to use it with any other
indicators in couple.

It works on all pairs & M15-M30 time frames. I made few actual screenshots for
you.

SIMPLE & USEFUL

Common settings:

Inputs settings:

 OnAlert – you get alerts as soon as signal comes.

We have just one option here – Alert. You can ON/OFF it like you desire.
Installation and Setup

Short Guide on Expert Advisors/Indicators installation on

MetaTrader 4 Client Terminal build 600

“As a result of the recent MetaTrader 4 (MT4) Build 600 upgrade implemented by
MetaQuotes, the folders within the MT4 folder have moved. In addition, the MQL4 language
has changed, and this may have interfered with your installed Expert Advisors (EAs) and
indicators. As a result of this upgrade, you should firstly save your EAs or indicators in
the new folder location, which is: MT4 >File > OpenDataFolder > MQL4 > Indicators.”

LET US HELP YOU TO FIND THIS NEW FOLDER:

Start MetaTrader4. Select File in the menu, Open Data Folder.

You will be in a special MT4 folder: its name may vary depending on your broker. But that’s
the folders you will see:
Now, open MQL4 folder. Here you will find Experts and Indicators folders:

Copy and paste Indicator to Indicators’s FOLDER

Now RESTART MetaTrader4. The files will appear under Navigator list.

Here is VIDEO GUIDE:

https://www.youtube.com/watch?v=XKhFIo69UCA

If you have any questions – you may ask me directly by using my email:
denmurakami@gmail.com

Your questions are welcome!

I would love to help you at any time!

Sayonara...Den Murakami
Kobe, Japan
 Disclaimer

Before you start trading Forex, you should read our full disclaimer and risk warning. There is a certain
degree of risk associated with Forex trading and you should be fully aware of it before you begin trading. By
reading this disclaimer, you are agreeing that you understand the material discussed in the "Risk Warning
Disclaimer".

CFTC RULE 4.41

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE

AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL
TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE
UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS,
SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO
SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT
OR LOSSES SIMILAR TO THOSE SHOWN.

HE RISK OF LOSS IN TRADING FOREIGN EXCHANGE (FOREX) CAN BE SUBSTANTIAL. YOU

SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU
IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN
OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF
LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.

Source for CFTC Rule 4.41: http://www.cftc.gov

This is not an offer to buy/sell futures or options. Any account can bring profits or losses similar to those
found on the site. The results obtained in the past by any software, does not guarantee same results in the
future.

Quite frequently there is a possibility of sharp differences between hypothetical performance and the
actual results subsequently achieved by the use of any specific program in the trade.

All information on this site is intended for educational purposes only. Any statements about profits or
income, expressed or implied, are not guaranteed. Your actual trading may result in losses. You are fully
responsible for your actions, professionalism and profit or loss. The use of this software constitutes
acceptance of my user agreement.