Head & Shoulders Indicator MT4

You can now download the Automatic Head and Shoulders finder for free on AtoZ Markets indicators gallery.

Automatic Head and Shoulders finder Trading Indicator uses only price action to identify trade opportunities in a Zig-Zag fashion, without repainting or back painting, and reacts to the market extremely fast. It implements alerts of all indicators. Also, it's alleged winning ratio is approximately 90%.

Timeframe: H1 and lower.

Currency Pair: any major pair

How to trade with Automatic Head and Shoulders finder?

This indicator can be used in any currency pairs and on any time frame, but preferably on H1 and lower. Moreover, it’s relatively easy to trade with Automatic Head and Shoulders finder Trading Indicator. After finding a possible entry point, the indicator displays either a blue arrow which is a bullish signal to buy, or a red arrow which is a bearish signal to sell.

Automatic Head and Shoulders finder

In addition, you can see statistics of winning and losing trades, average signal profitability, and spread on the top left corner of your chart.

Want to try Head and Shoulders indicator? Open a free account with AtoZ Markets approved forex brokers:

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How to download and install an indicator?

In order to install the indicator on your MT4 platform, you need to follow these steps:

  1. Click on “Download Indicator” button located at the top right corner of the screen.
  2. Save the file to your computer.
  3. Extract and move the files into MT4>Indicator folder of the MetaTrader4 software file directory.
  4. Restart your Metatrader platform.
  5. Navigate to “Indicators.”
  6. And select “Automatic Head and Shoulders finder” template to apply it on the chart.

Note: Automatic Head and Shoulders finder was developed by CompassFX and was sent by an AtoZMarkets follower from Romania. AtoZMarkets does not carry any copyrights over this trading tool.

Should you trade with Head and Shoulders MT4 Indicator on your own at all?

Before you start trading Head and Shoulders MT4 Indicator, you'll want to read this.

Our in-house trading expert Dr Yury Safronau, PhD in Economic Sciences, gives you daily his best forex, metals, and cryptocurrencies to buy and sell signals right now.

His trading strategies which are based on non-linear dynamic models have achieved more than 65 000 pips of profits since 2015. And right now there are some very strong buy and sell signals across several markets you don't want to miss.

Want to see which ones?


  1. SHIV says:

    Sir, Can it download in Trading View Platform


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