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Precision Trend on Moving Averages Indicator
The Precision Trend on Moving Averages Indicator for MT4 is an enhanced trend-following forex indicator. The foundation of that Precision Trend indicator is a line that works a bit like a Moving Average, but it does a better job at recognizing trend direction. It’s green when the trend-momentum is bullish, red when the trend-momentum is […]
MACD Flat Trend Indicator MT5
The MACD Flat Trend Indicator for MT5 helps to recognize whenever the market is in an uptrend, downtrend, or being flat (sideways). After this gauge is loaded up, you will see green, red and gray bricks. While the first two colors are pretty obvious, the gray bricks reflect market indecision – in other words, there […]
Stochastic of Hull Average Indicator
The Stochastic of Hull Average Indicator is, as the name suggests, a combination of Stochastic Oscillator and Hull indicator. The Hull period is set to 32, and the Stochastic period is also set to 32. As you can see, the signal line is either blue or pink. A blue line indicates bullish trend-momentum, and conversely, […]
TSI MACD Indicator
The TSI MACD Indicator for MT4 is a combination of the TSI (True Strength Index) and MACD (Moving Average Convergence Divergence) technical indicators into one oscillator. The indicator oscillates between -110 and +110, while its signal baseline is on the zero level (a level that determines the market bias: above 0 bullish bias, below 0 […]
Forex Stryder Strategy
The Forex Stryder Strategy is a trend-following trading system that is based on the Stryder Signal (main signal line) and the Rate of Change (ROC) indicator. That ROC indicator examines the true changes in price actions. Besides defining the market trends, this forex strategy also provides information about the current support and resistance of the […]
Parabolic Weighted Velocity Indicator
The Parabolic Weighted Velocity Indicator works in a very similar manner to the Jurik Velocity. The difference is between Parabolic Weighted Moving Average and Linear Weighted Moving Average. This Parabolic Weighted Velocity extends the original indicator by allowing you to change the “power” of the calculated averages used for velocity calculation. The bigger the Power […]
Keltner Channel Smooth ATR Indicator
The Keltner Channel Smooth ATR Indicator for MetaTrader 5 is a volatility-based envelope that is aligned above and below a Moving Average, which is a central element of that indicator. In the settings of that Keltner Channel indicator, you can set the median value average method among the: Exponential Moving Average, Simple Moving Average, Smoothed […]
Blue Renko Bars Indicator
The Blue Renko Bars Indicator displays, as the name suggests, Renko Candlesticks colorized to blue color. The default size of each brick is 10 pips. Remember that Renko Chart works in a different way than standard Japanese Candlesticks Charts. In the case of Renko, the candlesticks are based on the price movement, not on the […]
Standard Deviation Channels X3 Cloud Indicator
The name of the Standard Deviation Channels X3 Cloud Indicator for MT5 pretty much defines what it is. It plots a channel (with three extensions to top and bottom) based on the Standard Deviation indicator. The violet trendline is a middle line of the channel. First, check the slope of the channel whenever it’s upward […]
MA Parabolic ST2.2-1 Indicator
The MA Parabolic ST2.2-1 Indicator for MT4 is a combination of the Moving Average indicator and the Parabolic Sar indicator. When the Parabolic dots are below the MA, it means the current trend-momentum is bullish. Conversely, when the Parabolic dots are above the MA, it means the trend-momentum is bearish.
