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Hikkake Pattern Indicator MT5
The Hikkake Pattern Indicator for MT5 is used in the strategy called Inside Day False Breakout. Essentially, it’s centered around deceptive breakouts and approaching them properly. Example chart: How to use the Hikkake Pattern Indicator for Metatrader 5? The Hikkake pattern is built on two bars. First, price breaks out of an inside bar, most […]
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 MT5
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 to use the QQE Indicator for […]
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 […]
Rate Of Change Indicator
The Rate Of Change Indicator MT4 is a momentum-based technical tool that traders use in the process of technical analysis. Specifically, it measures the percentage change in price between a specific price level in the past and the current price of a currency pair. The rate of change forex indicator is a useful tool for […]
VWAP Indicator MT5
The WAP Indicator for MT5 calculates the average price of a currency pair based on trading volume. It helps traders analyze market activity and is displayed as three lines on the chart. The VWAP acronym stands for Volume Weighted Average Price. Example chart: How to use the VWAP Indicator for MT5? The VWAP indicator plots […]
Bollinger Bands Color Indicator
The Bollinger Bands Color Indicator for MT5 not only helps to understand ongoing market volatility, but also marks different setups with distinct colors. Forex traders equipped with such readings, can act faster regarding bearish, bullish opportunities and also know when there is a neutral movement. Example chart: Understanding readings of the bollinger bands color indicator […]
Ahoora Oscillator Indicator
The Ahoora Oscillator Indicator MT4 shows a signal line that changes color between red and green, indicating the direction of the trend-momentum. Let’s see if it’s worth giving a try. Introducing the Ahoora Oscillator Indicator Example charts This is how it looks upon activation. Formula It uses two extreme values, 0 and 100, to determine […]
