Author: admin
KG Target Points Indicator
The KG Target Points Indicator provides suggestions for taking profit levels, three for buy trades, and three for sell trades. There are also stop loss ideas. What’s more, the KG Target Point forex indicator draws important market levels (pivot points). All that data is placed on the left side of the chart.
HMA Mega Trend Arrows Indicator
The HMA Mega Trend Arrows Indicator is based on Hull Moving Average (HMA) indicator but displays simple buy/sell arrows. These signals should be confirmed with an additional filter or you can add the indicator to a forex strategy. The arrows can work as entry points, but only in the direction of the overall trend. Example […]
Renko Chart Indicator
The Renko Chart Indicator for MetaTrader 5 draws, instead of candles, bricks or boxes that are all of the same size. These bricks are based on the price movement while ignoring the time factor. It means that no matter of active timeframe, the Renko Chart looks always the same. The Renko Chart is good to […]
Parabolic Close Indicator
The Parabolic Close Indicator works in a very similar manner to the well-known Parabolic Sar indicator, but this one has some variations. The major change is the way of providing signals. Namely, the Parabolic Sar consists of dots, while the Parabolic Close is made of a solid line. When that line is below the price, […]
JMA Keltner Channel Indicator
The JMA Keltner Channel Indicator for MT5 is a variation of the standard Keltner Channel indicator, but this one is based on Jurik Moving Average. The Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands. Since SMA is the slowest moving average, that version uses a much “faster” […]
WPR Histogram Vol Indicator MT5
The WPR Histogram Vol Indicator for MT5 is, as the name suggests, a forex volume indicator based on Williams Percentage Rate. It is developed on the following formula: (WPR + 50) * Volume. For quite understandable reasons, the recalculation of overbought and oversold levels in such a modified oscillator should be performed using the same […]
Ambush Fibs Indicator
The Ambush Fibs Indicator is just another variation of Fibonacci extensions. There are three extensions to each side – upward and downward. The price tends to often react at the touch of these levels.
Advanced Bollinger Bands Indicator
The Advanced Bollinger Bands Indicator for MT4 is a sophisticated version of the popular Bollinger Bands indicator as it has several additional features. The first thing you will probably notice is that area above the middle line of the Bollinger Band is green and area below it is red. You will also get price values […]
Renko Time V2 Indicator
The Renko Time V2 Indicator is a very simple indicator providing the difference in time between candles. These differences are measured in seconds. In fact, it was designed to use with offline Renko Charts to indicate how long each block or brick has taken to form since Renko bricks are formed on price movement instead […]
Price Action Trend Indicator
The Price Action Trend Indicator makes an analysis of price action and then ultimately concludes trade signals that are represented in the form of buy/sell arrows. We suggest using it as a support to your trading decisions or in addition to an already proved forex strategy.
