Introduction

CAPIX Indicator V9.06 for MetaTrader 4 is an advanced trading tool designed to help traders identify market trends, momentum, and potential entry points. It provides visual signals and analytical insights, making it easier for traders to interpret price action and make informed decisions. It is suitable for manual traders who want a structured and simplified approach to technical analysis.

Key Features

Multi-signal analysis system
- Combines trend, momentum, and volatility indicators
- Provides more accurate and filtered signals
Buy and sell signal alerts
- Displays clear entry signals on the chart
- Helps traders quickly identify opportunities
Trend detection
- Identifies bullish, bearish, and sideways markets
- Helps traders trade in the right direction
Customizable settings
- Adjustable sensitivity and parameters
- Can be optimized for different strategies
Multi-timeframe support
- Works on M1 to higher timeframes
- Suitable for scalping, intraday, and swing trading
User-friendly interface
- Easy to read and apply on charts
- Does not require advanced technical knowledge

Recommended Settings

Timeframe
- M5 and M15 for intraday trading
- H1 and H4 for swing trading
Currency pairs
- EURUSD, GBPUSD, USDJPY (low spread pairs preferred)
Signal sensitivity
- Medium settings for balanced performance
- Lower sensitivity for fewer but stronger signals
Confirmation
- Use with support/resistance or trend confirmation
- Avoid relying solely on signals

Backtest Result

Shows good signal accuracy in stable market conditions
Performs better in trending markets
May produce false signals during high volatility
Results depend on timeframe and parameter settings
Backtesting is limited since it is an indicator, not an EA

Advantages

Easy to use and beginner-friendly
Provides clear and quick trading signals
Reduces need for multiple indicators
Saves time in market analysis
Flexible for different trading styles

Disadvantages

Does not execute trades automatically
Signals may lag slightly in fast markets
Can produce false signals during news events
Requires confirmation with other strategies
Not a guaranteed profit tool

Installation & Setup Guide

Download the indicator file (.ex4 or .mq4)
Open MetaTrader 4
Go to File → Open Data Folder → MQL4 → Indicators
Paste the file into Indicators folder
Restart MT4
Attach the indicator to a chart
Adjust settings as needed
Use on demo account before live trading.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.