Tailed Template Neo Indicator V1.0 MT4

Introduction: Tired of Late Signals and Chart Clutter?

If you’ve been staring at your MetaTrader 4 screen for hours trying to figure out when to enter or exit a trade—and STILL missing moves—you’re not alone. Most indicators are either too slow, too noisy, or too confusing to rely on consistently.

That’s why the Tailed Template Neo Indicator V1.0 MT4 was built—to simplify your decision-making and help you spot trades with crystal-clear logic.

Whether you're a seasoned pro or just starting your forex journey, this indicator offers smart, visual-based signals that don’t clutter your chart or repaint. And yep—it works on any pair and timeframe.

Oh, and did we mention? It’s 100% free—courtesy of the YoForex team.

What Is the Tailed Template Neo Indicator?

The Tailed Template Neo Indicator is a powerful custom signal indicator for MetaTrader 4. It's designed to identify key moments of price exhaustion, trend continuation, and momentum shifts—all without using laggy moving average crossovers or repainting nonsense.

Think of it as your personal trading assistant that draws attention to market turning points or breakout-ready setups—without overcomplicating your chart.

It uses a combination of candle patterns, momentum pressure, and price rejection tails (hence the “tailed” part in the name) to highlight when the market is likely to move.

Key Features of Tailed Template Neo Indicator V1.0

Visual Signal Markers – Arrows or dots for entry/exit hints

Non-Repainting – What you see is exactly what happened, no redrawing

Works on All Pairs – Major pairs, minors, indices, even gold and crypto

Timeframe Independent – Works from M1 to D1 and beyond

Focus on Candle Tails – Smart analysis of wicks and rejections

Zero Lag Detection – Fast signals in real-time market conditions

Color-Coded Simplicity – No messy chart overlays

Lightweight Script – Won’t slow down your MT4 even with multiple charts open

Perfect for Entries and Exits – Use standalone or with any strategy

Customizable Settings – Tweak colors, alerts, and signal logic

Beginner Friendly – Plug and play setup with no coding required

No Martingale/No Grid – This isn’t a robot; it's a clean signal tool

How It Works: What Makes It “Tailed”?

The power behind this indicator is its recognition of candlestick tails—those long wicks that show price rejection and reversal potential.

When a candle shows a large upper or lower wick, it’s often a clue that the market tried to push in one direction but got rejected—often signaling a reversal or breakout. The Tailed Template Neo Indicator detects these wick-based pressure points and confirms them with trend and momentum filters.

Then it plots visual cues—arrows, dots, or alerts—so you know exactly when to act.

No messy Bollinger Bands, no crossover delays—just high-probability trade setups based on how price actually behaves.

Best Ways to Use the Tailed Template Neo Indicator

1. As a Standalone Entry Tool

Wait for a signal arrow/dot

Confirm price action (like support/resistance, or trendline bounce)

Enter trade and ride the wave

2. With Trend Filters

Pair with a 50 EMA or a simple trendline. Only take buy signals above the EMA or sell signals below the EMA. This helps avoid trading against the market direction.

3. As a Reversal Confirmation

Use it on the H4 or Daily chart to confirm double tops/bottoms or major rejections. The tail detection helps catch early signs of reversals that most indicators miss.

4. Scalping with Confidence

Scalpers love this for M1 and M5 setups. Quick candle-based signals with visual clarity mean fast entries and exits—no guesswork.

Installation Guide: Get It Running in Minutes

Follow these steps to install the Tailed Template Neo Indicator in your MT4 terminal:

Download the indicator file from the official YoForex website.
Click here to download

Launch MetaTrader 4.

Click on File > Open Data Folder.

Go to MQL4 > Indicators.

Paste the .ex4 or .mq4 file there.

Restart MT4 or refresh the Navigator panel.

Drag the “Tailed Template Neo Indicator” onto your chart.

Adjust settings if needed. Done!

Real-Life Trading Example

Let’s say you’re trading EURUSD on the H1 chart. You spot a long candle with a huge upper wick (price rejection at a resistance zone). At the close of the candle, Tailed Template Neo prints a red arrow down. Boom—clear sell signal.

You enter the trade, set your SL just above the wick, and aim for 2x reward. Price drops 40 pips.

Next day, same chart, price dips into support with a long lower wick. Green arrow pops up. Buy signal. Rinse and repeat.

Why Choose Tailed Template Neo Over Other Indicators?

Most indicators either lag behind or repaint signals after the fact—which is the worst thing that can happen in live trading. Tailed Template Neo is non-repainting, real-time, and focused on candle behavior, not lagging math formulas.

While oscillators like RSI and MACD are good for overall strength, they often miss quick reversals and wick rejections. This indicator thrives in those spots.

It’s also lightweight, doesn’t clutter your chart, and works without needing five other tools for confirmation.

Simply put, it gives you fast, reliable signals that you can act on right away.

Who Should Use This Indicator?

Beginners – Simple visuals, no complex settings

Scalpers – Quick signals on M1 to M15

Swing Traders – Spot turning points on H1 to D1

Price Action Traders – Combine with your favorite setups

Manual Strategy Users – Add confidence to your decision-making

Backed by YoForex – Trusted by Traders

The Tailed Template Neo Indicator V1.0 is another free release from the team at YoForex—a brand trusted by thousands of traders worldwide for no-nonsense, battle-tested tools.

We don’t sell fake dreams. We give you real tools that work.

Looking for more indicators or expert advisors? Check out our:

Beginner Guide to Forex

Full EA and Indicator Library

Got Questions or Feedback?

We’re always here to help. If you need support, strategy help, or just wanna chat with other traders using our tools:

Telegram Group: Join Here
WhatsApp Support: Ping Us

We’ve got your back.

Final Thoughts: Smart Trading Starts with Smart Tools

The Tailed Template Neo Indicator V1.0 MT4 is built for traders who value clarity, speed, and precision. Whether you’re scalping fast moves or planning swing entries, this tool gives you clean, reliable signals that actually help you make decisions.

No fluff. No lag. No repainting. Just straight-up trading clarity.