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MA Crossover Histogram Indicator
The MA Crossover Histogram Indicator is, as the name suggests, an histogram indicator based on Moving Average crossover. Signals provided by that gauge are simple. Blue histogram bars refelct bullish crossover, while red histogram bars indicate bearish crossover. We suggest using it as trend direction filter.
Trend Navigator Indicator
The Trend Navigator Indicator for MT4 is a trend-following gauge that plots buy/sell arrows directly on the activity chart. When it comes to usage, it’s really simple asone should only follow the direction provided by arrows and trade accordingly. However, we suggest using it in conjunction with other technical analysis gauges for confirmation. Example charts: […]
Advanced ADX Indicator MT4
The Advanced ADX Indicator for MT4 is an improved iteration of the average directional index. This tool has the ability to not only spot trends but also gauge their strength. In fact, it provides better and more detailed readings then a regular version. The updated features gives better performance and allow to maximize profitability. Example […]
Spielers Hedge Divergence StdDev Indicator
The Spielers Hedge Divergence StdDev Indicator for MT4 is a unique forex indicator based on Standard Deviation, that helps to recognize market overbought and oversold levels. It is a channel that consists of three red extensions defining overbought levels, three blue extensions defining oversold levels, and one yellow middle line for market balance. What’s more, […]
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 […]
