Dragonfly Indicator MT4

Accuracy rate: ~85% on reversal confirmations
Drawdown reduction: 40% compared to raw trading
Best use cases: Scalping on M5 &amp; M15, Swing trades on H1 &amp; H4

Ever been stuck second-guessing your trades? You’re staring at the chart, thinking “Is this the right entry or just another fake breakout?” That’s exactly why the Dragonfly Indicator MT4 was built. It’s a clean, no-nonsense indicator that gives you high-probability buy and sell zones—so you don’t waste time chasing noise.

The best part? It’s 100% free on ForexFactory.cc, fully tested by YoForex, and works on any pair or timeframe. Whether you’re into scalping, swing trading, or even gold (XAUUSD), Dragonfly Indicator makes spotting quality setups way easier.

Overview of Dragonfly Indicator MT4

The Dragonfly Indicator is designed for MetaTrader 4 traders who need accurate confirmation signals without repainting. Unlike typical flashy tools, it doesn’t spam your chart with confusing arrows; instead, it highlights reversal points and momentum shifts with high precision.

YoForex has optimized this indicator for forex pairs, gold, and indices—and tested it on live accounts. It adapts to different trading styles, making it versatile for both beginners and pros.

Key Features of Dragonfly Indicator

• Non-repaint signals for reliable confirmations
• Works on all timeframes (M1 to D1)
• Supports forex pairs, gold, and indices
• Pinpoint reversal zones with clean visuals
• High accuracy in trending & ranging markets
• Alerts for buy/sell signals (popup & sound)
• Lightweight and fast—no lag on MT4
• Plug-and-play setup with zero coding needed
• Free lifetime updates via ForexFactory.cc
• Fully tested by YoForex on live accounts