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Stochastic Momentum Index (SMI) Indicator

Stochastic Momentum Index (SMI) Indicator for MT4

The Stochastic Momentum Index Indicator is a technical analysis gauge that analyzes price momentum. Its calculations are based on the closing price relative to the median range (high-low) of the currency pair price over a specified period. The SMI indicator is considered an improved version of the standard Stochastic Oscillator. Closer look on the Stochastic […]

Moving Average Strength Indicator

Moving Average Strength Indicator for MT4

The Moving Average Strength Indicator is a multifunctional forex trading gauge, based on the Moving Average, MACD, and Stochastic. You should choose short period of MA if you prefer using it for scalping, and long period if you it to be suitable for trend-following and swing trading. Anatomy of the Moving Average Strength Indicator The […]

Fractal Adaptive Moving Average Indicator

Fractal Adaptive Moving Average Indicator for MT4

The Fractal Adaptive Moving Average Indicator (FRAMA) is a modified version of the original John Ehler’s indicator. You can consider that gauge as an alternative indicator to the default fractals that are included with the MT4 installation. Closer look on the Fractal Adaptive Moving Average Indicator The calculations behind the Fractal Adaptive Moving Average Indicator […]

MACD Histogram Indicator MT5

MACD Histogram Indicator for MT5

The MACD Histogram Indicator for MT5 is responsible for showing the difference between the MACD line and signal line. Additionally, the histogram bars make it easy to see when bulls or bears are gaining control of the market. How to use the macd histogram indicator for mt5? A quick glance of an eye is enough […]

Wave Trend Oscillator Indicator

Wave Trend Oscillator Indicator for MT4

The Wave Trend Oscillator Indicator is a popular and widely used indicator for finding market tops and bottoms. It’s a great tool for identifying swings and taking advantage of these moves. In good hands, it helps to use strategic turning points for high winning rates. Anatomy of the Wave Trend Oscillator indicator As the name […]

Stochastic Cross Alert Indicator

Stochastic Cross Alert Indicator for MT4

The Stochastic Cross Alert Indicator is, as the name suggests, based on a popular technical indicator of the family of the oscillators. The oscillators define when the market is overbought and oversold. That gauge isn’t an exception, but it provides signal alarms in the form of buy/sell arrows, which is a favorite way of many […]

Trend Flex X2 Indicator

Trend Flex X2 Indicator for MT4

The Trend Flex X2 Indicator was developed by John Ehlers who describes it as “a new zero-lag indicator”. In essence, it is a crossover-based trend-following gauge. In our opinion, it’s better to pair it with some filter to increase the success rate of provided signals. Anatomy of the Trend Flex X2 indicator The signals of […]

CCI Divergence Indicator

The CCI Divergence Indicator for MT5 is a great tool for trend reversal recognition that often takes place after the divergence between price and Commodity Channel Index (CCI) happens. All the hassle is taken from traders, as that gauge recognizes the signals in a completely automatic way. Closer look on the CCI Divergence Indicator A […]

Anchored Momentum Indicator

Anchored Momentum Indicator for MT4

The Anchored Momentum Indicator is a forex oscillator providing short and medium-term trend bias and dominating market direction. You should consider that gauge as a good supplier for your strategy, but it rather should not be used as a standalone trading tool. Closer look on the Anchored Momentum Indicator The 0.00 level is a neutral […]

Keltner Channel Color Indicator

Keltner Channel Color Indicator for MT4

The Keltner Channel Color Indicator for MT4 is a variation of the well-known Keltner Channel, but this gauge displays a colorful channel that reminds a cloud. It’s pretty easy to use because the color of the channel suggests the direction of a trade. Anatomy of the Keltner Channel Color Indicator As the name suggests, the […]