Free Forex Indicators (MT4), Trend Following Indicators

Real Cloud Indicator for MT4

The Real Cloud is a forex trend indicator especially developed for day trading in MT4. It plots trend clouds based on both exponential and simple moving averages.

This indicator mostly suits retail forex traders looking for accurate day trading signals in live markets. According to our review, trading with Real Cloud is as simple as using a single moving average. You are only required to follow the buy/sell conditions of the indicator properly for making steady profits in day trading.

Real Cloud Indicator Overview

Real Cloud overview

Real Cloud applies simple blue and white clouds to indicate the current trend situation, which is easy to read and follow. Besides, this indicator supports multi-timeframe chart analysis on MetaTrader charts.

It uses a 9-day EMA and a 76-day SMA for plotting the clouds. Once the cloud changes its color, we consider it a trend reversal condition.

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Real Cloud Indicator Explanation

When the indicator deploys a white cloud we consider it as a bullish trend signal. During an uptrend condition, the price will use the white cloud as dynamic support and a possible zone for retracements.

Real Cloud explanation

According to the trend-following trading strategy, we’ll look for buy signals when the price revisits the cloud zone during a bullish market trend.

Conversely, the blue cloud signals a bearish trend. When the indicator confirms a downtrend market, look for sell opportunities every time the price rejects the cloud zone as resistance.

Buy Signal Generation with Real Cloud Indicator

Real Cloud buy signal
  • The blue cloud turns into white color
  • The price rebounds above the cloud
  • SL below the current low of the cloud support
  • Exit long when the cloud becomes blue

Sell Signal Generation with Real Cloud Indicator

Real Cloud buy signal
  • The cloud turns into blue color
  • The price treats the cloud zone as resistance
  • Stop-loss above the cloud’s high
  • Exit sell whenever the color turns into white

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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