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Keltner Channel Oscillator Indicator
The Keltner Channel Oscillator Indicator for MT5 is a revised verison of this popular gauge but this one is dedicated specially for recognition of channel breakouts. It simplifies the process and provides easy visual clues for this particular setup. Other than that, it’s basically the vary same tool, but let’s analyze it more details. This […]
Momentum Pinball Indicator
The Momentum Pinball Indicator for MT4 generates forex trading signals by utilizing a combination of the Relative Strength Index (RSI) and the Rate of Change (ROC), thereby analyzing oversold and overbought conditions as well as momentum. Understanding the momentum pinball indicator The Momentum Pinball strategy, developed by traders Linda Raschke and Larry Connors, involves using […]
Support Resistance Breakout Arrows Indicator MT4
The Support Resistance Breakout Arrows Indicator for MT4 displays buy and sell arrow signals when the price breakout the support and resistance lines on the chart. This indicator effectively merges Fractal, CCI, and RSI indicators to generate highly accurate trading signals. Forex traders utilizing breakout strategies will find that gauge very handy. Closer look on […]
Simple ZZ Consolidation Zones Indicator
The Simple ZZ Consolidation Zones Indicator for MT5 is a technical indicator created with the aim of assisting traders in swiftly identifying compact market consolidation zones. These consolidation phases offer abundant trading opportunities to knowledgeable traders who can effectively identify consolidations and the indicator serves as a valuable tool in recognizing these favorable conditions. Free […]
Hikkake Pattern Indicator
The Hikkake Pattern Indicator for MT5, alternatively known as the Inside Day False Breakout, is a trading strategy centered around deceptive breakouts. Free download is available. The MQL5 code of the indicator originated from an article written by Dan Chesler and published in April 2004 in Active Trader Magazine, titled “Trading False Moves with the […]
MA Crossover Alerts Indicator
The MA Crossover Alerts Indicator for MT4 stands out as the ultimate indicator for trading moving averages crossover. It offers timely signal alerts whenever two moving averages (fast and slow MA) intersect. One can utilize trend reversals with this tool. Is MA crossover alerts indicator any good? This MT4 indicator serves as a valuable tool […]
Consolidation Indicator
The Consolidation Indicator for MT4 is based on the scenario where price is simply moving sideways within a limited range. Forex traders who successfully recognize such zone can utilize it by finding local tops and bottoms as well as identyfing breakouts that sooner or later occur. Example chart: How to use the consolidation indicator for […]
Breakout Pattern Indicator
The Breakout Pattern Indicator for MT4 is a straightforward forex tool that signals market breakouts. The indicator displays open triangles that indicate the breakout, and they come in two colors: blue and red. A blue triangle appears during an uptrend, while a red triangle appears during a downtrend. This pattern has proven to be highly […]
QQE Indicator
The QQE Indicator for MT5 provides bullish, bearish and neutral momentum readings. Behind the scenes, its calculations are based on the relative strength index, thus it also has oscillator’ features. The best thing about this tool is that it actually has no lag in provided signals. Example chart: How does the qqe indicator work? After […]
KG Fibonacci MA Indicator
The KG Fibonacci MA Indicator for MT4 performs a trend-following analysis with a support of fibo sequence. The plotted lines can be be either neatly sorted or interwinted, depending of strength and clarity of ongoing trends. What’s more, it displays an dashboard showing price movement directions for each timeframe. It helps to see the bigger […]
