FireBird Pro Indicator V1.20 MT5 – Spot Reversals Early with Precision


Wish you had a sniper-like signal to spot trend reversals—before the crowd? You're not alone. Most traders enter late, exit late, or worse… get faked out. If you're looking for a tool that cleans up your entries, filters the noise, and works on all major forex pairs, say hello to the FireBird Pro Indicator V1.20 for MT5.


This bad boy is built for traders who want reliable trend-following signals with early reversal alerts. It runs on MetaTrader 5, supports any major pair, and adapts across all timeframes—whether you're on M5 for scalping or D1 for swing trades.


The best part? It’s absolutely free to download on ForexFactory.cc. Let’s dig into what makes FireBird Pro worth your chart space.


Overview: What is FireBird Pro Indicator?


FireBird Pro Indicator V1.20 is a non-repaint custom MT5 indicator that plots precise buy/sell arrows and wave signals based on multiple confirmations:



  • Trend direction

  • Volume pressure

  • Price acceleration

  • Candle formations


Think of it as a multi-tool for trend trading, reversal hunting, and breakout confirmation. Unlike those laggy moving averages or repainting arrows that disappear when you need them most, FireBird Pro is stable, clean, and sharp.


YoForex built this to help both newbies and pros stay ahead of trend reversals—and it's backed by a risk-free download and regular updates.


Key Features of FireBird Pro V1.20


Here’s what makes this indicator stand out from the crowded sea of “free MT5 tools”:



  •  Works on Any Major Forex Pair – EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, and more.

  •  All Timeframe Support – M1 scalping to D1 swing trading.

  •  Non-Repaint Signals – Arrows and alerts that stay on chart.

  •  Trend & Reversal Combo – Catches both pullbacks and breakouts.

  •  Clean Arrow-Based Entry System – No confusing lines or colors.

  •  Early Warning System – Highlights trend exhaustion before reversals.

  •  Volume-Aware Signal Logic – Adjusts to market momentum.

  •  Built-In Alerts – Popup, sound, and mobile notifications for every signal.

  •  Compatible With Prop Firms – Use it for FTMO or MyForexFunds strategies.

  •  100% Free from ForexFactory.cc – No license or activation required.



How It Works (No Fluff, Just Facts)


Once loaded onto your chart, FireBird Pro does two things:



  1. It analyzes recent trend direction and speed

  2. It filters trades based on momentum shifts + candle confirmation


Then, it plots a Buy or Sell arrow with an alert.


Here’s the catch: it doesn’t just throw arrows randomly—each signal is filtered with:



  • Recent candle size

  • Momentum strength

  • Price rejection zones

  • Volume spikes (when available)


The result? You only get high-quality trade setups that actually make sense.


How to Trade with FireBird Pro


Here’s a simple strategy anyone can follow:


For Buy Setups:



  • Wait for a Buy arrow to appear

  • Confirm price is above recent swing low

  • Enter trade with SL just below recent low

  • TP: 1:2 risk-reward or use trailing stop


For Sell Setups:



  • Wait for Sell arrow to print

  • Confirm price is below recent resistance zone

  • SL above recent high, TP 1:2 or next support level


Pro Tip: Combine FireBird Pro with a moving average filter or Fibonacci levels for even cleaner entries.


Performance Insights


The YoForex team ran multi-pair backtests using FireBird Pro's signals as confirmation tools. Here’s what the results looked like:


Backtest Snapshot (EURUSD, H1, Jan 2023–June 2025):



  • Total Signals: 320

  • Win Rate: 74%

  • Average Risk/Reward: 1:1.8

  • Drawdown: Minimal (since it’s not an EA)

  • Best Timeframe: H1 and H4

  • Best Session: London and New York


Installation Guide – MT5


Installing FireBird Pro Indicator on MetaTrader 5 takes just a minute:



  1. Download the indicator from ForexFactory.cc

  2. Open MT5 → File → Open Data Folder

  3. Go to MQL5 → Indicators

  4. Paste the .ex5 or .mq5 file there

  5. Restart MT5

  6. Load it onto any chart (EURUSD H1 is a good start)

  7. Configure alert settings and line thickness if needed


You’ll now see clean arrows show up as soon as trade conditions are met. It’s light on CPU and won’t lag your MT5 terminal.



Best Settings (Optional)


The default settings work well, but if you want to fine-tune:



  • Signal Sensitivity: Lower = more filtered signals (recommended: 3–5)

  • Alert Mode: Enable for mobile if you’re trading on the go

  • Backtest Mode: Turn on to simulate past trades using historical candles


Why Traders Trust YoForex Tools


Every indicator and EA from ForexFactory.cc is:



  • Built and tested by real traders

  • Backed with real data (not just claims)

  • Updated regularly

  • 100% free, no trials or upsells

  • Supported via Telegram and WhatsApp


FireBird Pro V1.20 isn’t just another flashy tool—it’s part of a full suite of YoForex-developed resources aimed at empowering everyday traders.


Need Help or Support?


Don’t stress it. We’ve got support available round the clock.



Whether it’s a technical issue or strategy help, just ping us.


Download FireBird Pro V1.20 MT5 Now


If you’re ready to cut the noise, trade smart, and catch reversals like a pro, FireBird Pro V1.20 is your new best friend.


Download FireBird Pro from ForexFactory.cc


No subscription. No email opt-in. Just clean, powerful signals—for free.


YoForex – Empowering traders worldwide, one free tool at a time.


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Happy Trading