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RSI with Trend Catcher Signal Indicator
The RSI with Trend Catcher Signal Indicator is based on the Relative Strength Index, but it colorizes the signal line according to the trend direction. When the RSI signal line is green it means that the signal is positive and the trend is considered bullish. Conversely, when the RSI signal line is red it means […]
Forex Line Indicator
The Forex Line Indicator for MT4 is an improved version of Moving Average and it gives more clear signals. When the Forex Line turns blue from white, it is a signal for a long trade. Similarly, a Forex Line switch from blue to white triggers a sell trade. How to understand the signals? Basically, the […]
All MACD Indicator
The All MACD Indicator for MetaTrader 4 is an improved version of Moving Average Convergence Divergence. One should look for buy trades when the indicators bars are green and the gray line is above the yellow line and above 0 level. Similarly, sell trade opportunity occurs when its bars are red and the gray line […]
Bollinger Bands Stops HMA Based Indicator
The Bollinger Bands Stops HMA Based Indicator displays trend-defining bands placed either below the price or above the price. As the name suggests, that indicator uses Hull Moving Average (HMA) and Bollinger Bands Stops to calculate the signals. When the blue band below the price is placed, it means that the trend-momentum is considered bullish. […]
CCI T3 Divergence Indicator
The CCI T3 Divergence Indicator is based on Commodity Channel Index (CCI) and Triple MA (T3). That indicator automatically recognizes hidden and classical divergences. When a bullish one is spotted, the indicator draws green lines and a green upward arrow. Conversely, when a bearish divergence is recognized, the indicator draws red lines and a red […]
Forex Guide Indicator
The Forex Guide Indicator for MT4 displays four rows of trend bricks. Green bricks represent bullish trend-momentum, and red bricks signal bearish trend-momentum. Open trade when at least two rows agree. The top row of that gauge is the least sensitive and each lower row is more sensitive than the previous one. Anatomy of the […]
Linear Regression Channel Breakout Indicator
The Linear Regression Channel Breakout Indicator for MT4 draws mini Linear Regression Channels and when a breakout occurs, it marks the signal with an arrow. Note that these channels are really short-term, hence you will get a lot of them placed on the chart.
Keltner Channel Pro System
The Keltner Channel Pro System is based on, as the name suggests, the Keltner Channel indicator along with buy/sell stars displayed. Note that the middle line of the Keltner Channel is blue/pink colorized. Buy trade is triggered after a blue star is provided and the Keltner Channel middle line turns blue. Conversely, sell trade is […]
Andrea Forex Indicator
The Andrea Forex Indicator for MT4 is a buy/sell arrows trading indicator that, at the first glance, looks a bit like MACD. According to its developers, it’s a 100% non-repainting indicator. When the Andrea Forex Indicator provides green signals, it means a bullish trend is considered and a trader should look for buy trade opportunities. […]
Renko Shade Indicator
The Renko Shade Forex Indicator draws Renko Bricks directly on the main activity chart along with standard forex Japanese Candlesticks. Renko Bars are based on price movement, while Japanese Candles are based on time intervals. When both are loaded on the same chart, you can see how they correspond to each other with a naked […]
