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Power Trend Indicator
The Power Trend Indicator has an interesting ability to measure market trends and provides a visual display of their various stages. That gauge tells a trader what is the trend direction and its strength. Closer look on the Power Trend Indicator When you first load the power trend you will notice that it consists of […]
MACD Colored Histogram Indicator
The MACD Colored Histogram Indicator for MetaTrader 4 is a high-demand trading gauge as the Moving Average Convergence and Divergence is one of the most popular forex indicators out there. This is a variation of the classic MACD and will be further described in the next parts of this article. Closer look on the MACD […]
Auto Trend Channel Indicator
The Auto Trend Channel Indicator for MT4 is an awesome tool that displays a set of trendlines defined by the highs and lows of a currency pair price action. These lines are plotted automatically on a chart and together make a price channel as the price is moving between two parallel trendlines. This is one […]
Xmaster Formula Indicator MT5
The Xmaster Formula Indicator for MT5 displays a bi-colored dashed line that shows market trends and their directions. It’s often referred to as the xhmaster formula. This tool is a modern version of a popular indicator known for providing reliable and accurate signals, originally released for earlier MetaTrader platform. How to trade with the Xmaster […]
Raff Channel Indicator
The Raff Channel Indicator draws a trend channel using the technique originally introduced by Gilbert Raff. The slope of the channel shows a trend direction and its boundaries are considered potential market entry points. Closer look on the Raff Channel Indicator The upper and lower trendlines show the maximum distance the Close Line had moved […]
TMA Centered Bands Indicator
The TMA Centered Bands Indicator draws a trend-following price channel along with the dynamic support and resistance levels. It helps to understand the trend conditions and provides potential areas to enter the market. Closer look on the TMA Centered Bands Indicator As you can see, the TMA Centered Bands Indicator consists of the lower band, […]
MACD Histogram with Filter MA Indicator
The MACD Histogram with Filter MA Indicator for MT4 is, as the name suggests, a combination of the popular momentum indicator MACD Histogram with the trend determinator Moving Average. As a result, one gets a gauge that provides the correct areas to make the market entry and trade exit too. Anatomy of the MACD Histogram […]
Trend Strength Indicator
The Trend Strength Indicator for MT4 does precisely what its name suggests – it measures the strength of the trend of the chosen asset. A trader can adjust his trading intentions according to the dominant trend. Trading in the direction of the trend is low-risk strategy. Closer look on the Trend Strength Indicator With the […]
Relative Volatility Index Indicator MT5
The Relative Volatility Index Indicator for MT5 consists of two color-filled floating areas which suggest whether the current volatility is bullish or bearish. The indicator is originally coded to support multi-time frame analysis and provides alerts. Example chart: How to use the relative volatility index indicator for mt5? When the floating area is greenish – […]
MTF High Low Indicator
The MTF High Low Indicator is responsible for drawing high and low levels of previous and current daily, weekly, and monthly periods. These levels are often respected as market turning points, thus traders can take advantage of trading at them. Closer look on the MTF High Low Indicator When you load up the indicator in […]
