Cagawa Sakti FX Indicator
Trend-following candle-color indicator · MT4
About Cagawa Sakti FX Indicator
Cagawa Sakti FX is a real, widely-distributed MT4 trend-following indicator (not an auto-trading EA) listed across multiple legitimate indicator vendors including IndicatorsPot, TheForexGeek, FXCracked, JazibTrading, BudgetForex and Forex4s. It displays the current market trend directly through candle color changes — no separate sub-window, no clutter.
The indicator paints green candles for bullish momentum, red for bearish, and white for a transition/consolidation phase, generating non-repainting signals for consistent trend identification. It works on any timeframe and instrument (forex, indices, metals) and is best used as a trend filter layered with structure analysis and your own risk management, rather than as a standalone system. Package includes the Cagawa Sakti Fx.ex4 file and a matching chart template, but no manual.
- Platform: MetaTrader 4 (.ex4 + .tpl template)
- Type: Trend-following visual indicator (candle-color based) — not an EA
- Signal Style: Non-repainting, color-coded candles: green=bull, red=bear, white=transition
- Best Use: Trend filter combined with structure analysis, any market/timeframe
- Price: Free download (multiple mirrors)
- Source: indicatorspot.com · Cagawa Sakti Fx Indicator