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ATR Bands Indicator
The ATR Bands Indicator for MT4 is a combination of the Average True Range (ATR) with specific bands to assess market volatility. These outer bands can serve as levels of support and resistance in the market. Introducing the ATR Bands Indicator Please find the example chart below. The indicator serves multiple purposes as an effective […]
SSL Channel Chart Indicator MT5
The SSL Channel Chart Indicator for MT5 is a trend-following tool that helps you identify the direction of short-term momentum. It plots two lines based on a modified set of moving averages, with the space between them shaded to show trend direction. Example chart: How to use the SSL Channel Chart Indicator for MT5? The […]
New VWAP Indicator
The New VWAP Indicator for MT4, also known as the Volume-Weighted Average Price, displays the average price of a currency pair considering the volume of trades. The VWAP works by comparing three distinct lines, so you can determine the market volume. Analysis of the new VWAP indicator The VWAP indicator consists of three lines, each […]
QQE Histogram Indicator MT5
The QQE Histogram Indicator for MT5 is an enhanced version of the QQE technical indicator, but it has several interesting features added. This tool introduces discontinued signal line levels to provide more insights into the trend. What’s more, it also includes color-changing histogram bars that correspond to these mentioned levels. As always, free download is […]
Pattern Recognition Indicator
The Pattern Recognition Indicator for MT5 is forex tool designed to detect and display candlestick patterns on your charts as soon as they emerge. This indicator is specifically developed to automatically identify and highlight candlestick patterns in real-time on your trading charts. When it’s activated, your chart should look more less like this. How does […]
Trend Magic Indicator MT4
The Trend Magic Indicator for MT4 provides an excellent trading solution for beginners who want to follow trends. It accurately identifies trend conditions and generates buy-sell signals on a daily basis. What’s more, it has consistently demonstrated a high-performance level in signaling forex trades over a proven period of time. Anatomy of the indicator The […]
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 […]
