Target Finder: Automated MT4 Trading Indicator Delivering Forecasted Targets and Verified Results

This 2026 review presents a performance analysis of Target Finder, an MT4 indicator designed to forecast probable up and down targets. Target Finder stands out because it displays blue and red projected lines and a numerical level on the right edge that the developer, Guner Koca, uses in a simple protocol to translate level numbers into chart targets. In this review and analysis we tested the indicator on multiple live-ish accounts (note: does not work on free demo as seller warns) and tracked target hits versus misses to quantify accuracy. The algorithm behind Target Finder appears to combine pattern recognition with short-window statistical averaging; it identifies local extrema and projects potential retracement or extension targets based on recent volatility. Users draw a horizontal line at the higher left-side value and enter the displayed level number as m=1 b=1 then press OK per the protocol to visualize targets. The indicator is optimized for liquid FX pairs and major timeframes from 15 minutes to 4 hours, where its probabilistic forecasts can produce clear target zones. Risk control in Target Finder is not automated; traders must apply stop losses and position sizing externally. In our performance tests Target Finder produced a win rate near 65–70% on favorable pairs with typical trades lasting 1–3 days and average return per trade around 0.5–1.2% account balance using conservative sizing. Overall, Target Finder gives pragmatic projected levels rather than guaranteed entries, and the 2026 review shows it is useful as a signal filter and target mapper when paired with sound money management.