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ADX Histogram VMA Alerts Indicator MT4
The ADX Histogram VMA Alerts Indicator for MT4 is a trend strength indicator that displays momentum using a color histogram. It is a combination of the Average Directional Index and a Variable Moving Average. Example chart: How to use the ADX Histogram VMA Alerts Indicator for MT4? The goal of this ADX Histogram indicator is […]
MMA Indicator MT4
The MMA Indicator for MT4 is modifed moving average that better adapts to price fluctuactions. Traders receive smooth and accurate readings regarding market trends. Example chart: How to use the MMA Indicator for MetaTrader 4? When the market becomes volatile, the MMA adjusts automatically and reduces random price noise. In other words, trend signals are […]
Vortex Indicator MT5
The Vortex Indicator for MT5 is responsible for identifying trend direction and provides trading signals based on line crossovers. It also shows how strong market trends are. Example chart: How to use the Vortex Indicator for MetaTrader 5? The indicator consists of two lines, namely V+ line is an blue bullish line and the V- […]
Slingshot Indicator MT5
The Slingshot Indicator for MT5 is responsible for diplaying the colored price momentum histogram and signal line under the candlestick chart. Example chart: How to use the Slingshot Indicator for MT5? The Slingshot indicator uses different colors to suggests probable direction of the price movements. Traders should understand them as follows: Green – bullish movement […]
TMA Fast Line Indicator MT4
The TMA Fast Line Indicator for MT4 displays colorful price channel below in a dedicated window placed below the trading chart. Example chart: How to use the TMA Fast Line Indicator for MT4? This channel is based on Triangular Moving Average – there are two external bands (pink and aqua) and middle line that reveals […]
MT5 MinPriceChange Signal Indicator
The MinPriceChange Indicator for MT5 helps detect when the market moves from a flat (sideways) phase into a new movement, which is either a continuation of the current trend or an reversal. Example chart: How to use MT5 MinPriceChange Signal Indicator? The idea behind this tool is simple: markets move sideways for some time, then […]
Vortex Oscillator Indicator MT5
The Vortex Oscillator Indicator for MT5 displays histogram bars and can be successfully used both in trend-following and reversal strategies. Example chart: How to use the Vortex Oscillator Indicator for MT5? This oscillator is based on the original Vortex indicator and shows the difference between the VI+ and VI- lines as a histogram. Blue bars […]
MT5 Setka Indicator
The Setka Indicator for MT5 is responsible for displaying a grid, which is helpful for understanding important market levels (with right parameters). Example chart: How to use the MT5 Setka Indicator? The use case for MT5 Setka Indicator is based on concept that meaningful price action happens at certain price levels and at given time. […]
MT5 Rainbow Oscillator Indicator
The Rainbow Oscillator Indicator for MT5 is based on the Mel Widner’s Rainbow Average, but this version displays both histogram bars and oscillator line. Example chart: How to use the MT5 Rainbow Oscillator Indicator? The goal of the Rainbow Oscillator Indicator for MetaTrader 5 is recognizing and showing trends in the market. Blue color corresponds […]
MACD Coloured Histogram Indicator MT5
The MACD Coloured Histogram Indicator for MT5 is responsible for calculating the difference between the MACD and its signal line and displays the result as a colorful histogram. This makes understanding provided signals even easier. Example chart: How to use the MACD Coloured Histogram Indicator for MT5? Once the indicator is activated in MetaTrader 5, […]
