Falcon Zone MTF Indicator V1.0 MT4 – Free Download & Setup Guide

By: Swarnalata

Published on: Apr 01, 2025

What is the Falcon Zone MTF Indicator V1.0 for MT4?

The Falcon Zone MTF Indicator V1.0 is a powerful H1 (1-hour)-Timeframe (MTF) trading tool designed for MetaTrader 4 (MT4). It helps traders identify key support/resistance zones, trend reversals, and potential entry/exit points across different timeframes—all in a single chart.

This indicator is ideal for forex, stocks, and crypto traders who want to enhance their technical analysis without switching between multiple charts.

Key Features of Falcon Zone MTF Indicator

✅ Multi-Timeframe Analysis – View higher timeframe zones on your current chart.
✅ Clear Support/Resistance Zones – Identifies key price levels for better decision-making.
✅ Trend Alerts – Helps spot potential reversals and continuations.
✅ User-Friendly – Easy to install and customize.
✅ Compatible with All Pairs – Works on forex, stocks, commodities, and cryptocurrencies.

How to Install Falcon Zone MTF Indicator on MT4

Step 1: Download the Indicator

Click the download link above.

Extract the .ex4 or .mq4 file from the ZIP folder.

Step 2: Install in MetaTrader 4

Open MT4 → Click File → Open Data Folder.

Navigate to MQL4 → Indicators and paste the file here.

Restart MT4.

Step 3: Apply the Indicator

Open a chart in MT4.

Go to Insert → Indicators → Custom → Select Falcon Zone MTF V1.0.

Adjust settings (if needed) and click OK.

How to Trade with Falcon Zone MTF Indicator

Buy Signal

Price approaches a support zone on a higher timeframe.

Look for bullish candlestick patterns (e.g., hammer, engulfing).

Confirm with additional indicators (RSI, MACD).

Sell Signal

Price touches a resistance zone on a higher timeframe.

Watch for bearish reversal patterns (shooting star, bearish engulfing).

Use stop-loss above the resistance zone.

Pro Tip:

Combine Falcon Zone MTF with moving averages or Fibonacci retracement for stronger trade confirmations.

Why Use Falcon Zone MTF Indicator?

✔ Saves Time – No need to switch between charts.
✔ Improves Accuracy – Clear zones reduce false signals.
✔ Works on All Assets – Forex, crypto, stocks, and more.
✔ Customizable – Adjust colors and sensitivity.

Frequently Asked Questions (FAQ)

❓ Is the Falcon Zone MTF Indicator free?

Yes, this version (V1.0) is completely free to download and use.

❓ Does it work on MT5?

No, this version is only for MT4, but an MT5 version may be released in the future.

❓ Can I use it for scalping?

Yes! Apply it on H1 (1-hour) charts for scalping strategies.

❓ How accurate is this indicator?

No indicator is 100% perfect, but combining it with price action increases success rates.

Final Thoughts

The Falcon Zone MTF Indicator V1.0 is a great tool for traders who want H1 (1-hour)timeframe analysis in one chart. It simplifies trading by highlighting crucial zones, making it easier to spot high-probability setups.

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