Author: admin
Channel on Parabolic Indicator
The Channel on Parabolic Indicator for MT5 combines a price channel and Parabolic Sar indicator into one trading tool. Granted that the price constantly moves within channel bands, a trader should look for buy trade opportunities when the price hits red bands and the entry is confirmed with Parabolic Sar dots to switch location from […]
DMI ADX Histogram Oscillator Indicator
The DMI ADX Histogram Oscillator Indicator for MT4 is, as the name suggests, a combination of the Average Directional Index (ADX) and the Directional Movement Index (DMI). As you probably know, the ADX measures the trend strength of an asset, and DMI defines its market direction. In the result, the indicator provides complex information about […]
Lazy Trade Forex Trading Strategy V3
The Lazy Trade Forex Trading Strategy V3 is in essence, a very simple trend-following trading system. Its signals are provided in such a simple manner so that everybody can understand it, especially beginners forex traders. Generally speaking, when the signal bars of the system are blue, it means a bullish trend is considered. Similarly, the […]
RSI HMA Min Max Levels MTF Indicator
The RSI HMA Min Max Levels MTF Indicator for MT4 is a unique forex trading tool based on the Relative Strength Index (RSI) and Hull Moving Average (HMA). It displays a signal line that moves within a channel. When the signal goes outside the channel bands and then reverse inside, it’s marked with a dot […]
Forex Off Trend Indicator
The Forex Off Trend Indicator is a trend-following tool and its signals are presented in a form of the cloud. When the cloud is green, the trend momentum is considered to be bullish and traders should take buy opportunities. Conversely, when the cloud is pink, the trend momentum is considered to be bearish and traders […]
Ultimate Oscillator Indicator
The Ultimate Oscillator Indicator for MT4 was developed by Larry Williams. That oscillator applies a weighted average of values of three stochastic indicators defined on short, medium, and long periods. The length of periods is usually in the correlation 1:2:4 (doubling) or 1:2:3 (multiplicity). Periods should be chosen according to the characteristics of a certain […]
Trendline Scalper Trading System
The name of the Trendline Scalper Trading System pretty much explains what it is. It simply utilizes a trendline trading approach. It got famous among trend-following traders for its capability to plot the trendline slope with ease and accuracy. This automatic trendline supporting tool helps traders struggling to spot and draw trendlines for their trade […]
FIP Forex Buy & Sell System
The FIP Forex Buy & Sell System is, as the name suggests, a buy/sell arrows forex trading strategy. At the first glance, it may look, like it’s providing crazy accurate signals. Unfortunately, we have conducted the test, and as a result, we proved that it is a heavy repainting indicator and we don’t recommend using […]
Vidya Zone Multi Time Frame Indicator
The Vidya Zone Multi Time Frame Indicator for MT4 displays an trend-following channel based on the Variable Index Dynamic Average. It is also an multi time frame indicator, so you can choose the custom time frame for provided signals. When the price is above the blue band of the Vidya Zone Channel, the trend is […]
RSX RSI Bar Chart Indicator
The RSX RSI Bar Chart Indicator for MT4 displays custom bars calculated based on the Relative Strenght Index and the RSX indicator. Pay attention to the 20 and 80 levels, which are respectively oversold and overbought zones. When its bars falls below 20 level, the price will make a high-probability reversal. Similarly, the bars rises […]
