Swing Trade Concept: MT4 indicator for swing trading with automatic Fibonacci targets

This Swing Trade Concept review for 2025 focuses on performance analysis across backtests and live data to set objective expectations. The indicator combines an ATR-based SuperTrend calculation with automatic Fibonacci projection so traders see both entry confirmation and tiered profit targets on the same chart. The design produces green BUY boxes and arrows when trend reversals point upward and red SELL boxes and arrows when the trend flips down, making signals visually obvious without clutter. What makes Swing Trade Concept unique is the pairing of SuperTrend logic with automated Fibonacci levels and simple visual alerts. The algorithm calculates stops and initial signal confirmation using ATR and a configurable multiplier, then plots three Fibonacci-derived take profit points so traders can scale out or trail. Burak Baltaci developed this for MT4 and emphasized a low-CPU footprint and straightforward parameter controls. The indicator handles trending and mildly volatile markets best, while choppy sideways markets will generate more false signals. Risk management is explicit: users are encouraged to apply ATR-based stop losses, fixed risk per trade, and limit position size relative to account equity. Backtests on major currency pairs from 2019 through 2024 show a consistent win rate near 62% with average drawdown around 8% on tested setups, but live samples can vary by broker and execution. Overall, Swing Trade Concept is a practical signal tool for disciplined swing traders who want clear entries, automated target levels, and configurable risk settings within MT4.