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Prevailing Trend Indicator MT5
The Prevailing Trend Indicator MT5 (MetaTrader 5) illustrates the current trend using two primary elements – the bullish and bearish segments. These trend segments are visualized as separate lines: the upward line signifies the bullish component, while the downward line signifies the bearish component. This forex MT5 indicator is available for free download. Prevailing Trend […]
Averages Heatmap Indicator MT5
The Averages Heatmap Indicator MT5 (MetaTrader 5) combines Exponential Moving Averages to provide potent market insights. It serves as a valuable tool for trade entry and exit, offering essential support for determining stop loss and take profit levels. What’s more, this trading tool is renowned for its dependability and efficiency. This forex MT5 indicator is […]
4 MA Strength Indicator MT4
The 4 MA Strength Indicator MT4 (MetaTrader 4) generates buy and sell trading signals using, as its name implies, a set of four moving averages. This indicator examines the price chart to determine both the direction and potency of the prevailing trend. Once applied to the chart, it showcases a histogram of colored trend bars. […]
Double Stochastic With RSI Indicator MT5
The Double Stochastic With RSI Indicator MT5 (MetaTrader 5) is a powerful tool that merges the RSI and Stochastic oscillators, two renowned forex indicators known for their effectiveness in reversal trading. By amalgamating these two indicators, it provides a comprehensive view of market dynamics. Its primary function is to detect overbought and oversold market conditions, […]
ATR Support/Resistance Levels Indicator MT5
The ATR Support/Resistance Levels Indicator MT5 (MetaTrader 5) utilizes ATR (Average True Range) to establish three precise support and resistance levels on the price chart. This tool is designed to enhance the identification of key areas where the market tends to react strongly, aiding traders in making more informed decisions. This forex MT5 indicator is […]
Karpenko Cloud Indicator
The Karpenko Cloud Indicator for MT5 is trend gauge that displays colorful cloud directly on the trading chart. These greenish and pinkish formations refelct prevailing market trends. What’s more, these special formations allows to spot potential shifts in market-driving powers. Let’s see how to utilize them. Trading signals of Karpenko Cloud indicator After you activate […]
Harmonic Pattern Finder Indicator
The Harmonic Pattern Finder Indicator for MT5 was created to scan through forex charts and detect various trading patterns with precision and engagment. For convenience, it quickly presents the findings directly on the chart. When it comes to these detections, it has pretty solid reliability. So let’s see why it’s worth your attention. Why harmonic […]
Two SMA Cross Indicator
The Two SMA Cross Indicator for MT5 is, as the name suggests, a combination of two simple moving averages. They work together to generate clean buy and sell signals directly on trading chart along with colorful visual references. It can be effectively utilized in many ways, but mainly as trade entries and exit points provider […]
Fibonacci Arc Indicator
The Fibonacci Arc Indicator for MT5 plotts dynamic curved lines that traders can utilize as price channel or even as support/resistence levels. The formula behind this tool includes Fibonacci-based calculations. Let’s check some effective ways to introduce it to real trading – golden ratio strategies always provide interesting prospects. We’ll explore few approaches to find […]
Breakout Box Indicator MT4
The Breakout Box Indicator MT4 (MetaTrader 4) is a renowned forex trading tool designed to detect and delineate essential support and resistance levels on your chart. This powerful forex indicator operates by meticulously analyzing price charts and skillfully drawing boxes around significant points of support and resistance. It’s a perfect choice for traders seeking to […]