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Color OsMA Indicator
The Color OsMA Indicator for MT4 is based on the Oscillator of Moving Average, but this one shows colored histogram bars. It is rather a simple tool that comes in handy in the determination of markets trend momentum. How to understand the color osma readings? The Color OsMA Indicator should be rather treated as a […]
3X Parabolic Regression Indicator
The 3X Parabolic Regression Indicator draws two linear trend channels calculated on the standard deviation (with different periods) and a single curvilinear trend channel calculated on a parabolic regression. How to apply 3X Parabolic Regression in trading? As we mentioned at the beginning of this article, the 3X Parabolic Regression Indicator consists of three channels. […]
Woodies CCI Arrows Oscillator Indicator
The Woodies CCI Arrows Oscillator Indicator is a forex momentum tool that was originally developed by Ken Woods. As the name suggests, it’s based on a Commodity Channel Index (CCI) with a period set to 14. Due to its complexity, this gauge has multiple applications. One can utilize strategies like trading with the trend or […]
Supertrend Indicator MT5
The Supertrend Indicator for MT5 is a high-demand forex trading tool designed to identify market trends with precision. It answers key trading questions such as the current trend direction and when a trend begins or ends. It’s a reliable indicator that suits both beginners and advanced traders. Example chart: How to use the Supertrend Indicator […]
Chande’s Momentum Oscillator Indicator
The Chande’s Momentum Oscillator Indicator is a custom forex oscillator that was originally developed by Tushar Chande. As the name suggests, it is a technical indicator that attempts to capture the market’s momentum. As it is with all oscillators, a trader takes advantage of provided overbought/oversold levels. How to trade with the chandes momentum oscillator? […]
Forex Olympus Indicator
The Forex Olympus Indicator is a trend-following forex indicator that, in essence, works in a very similar way to the Half Trend Buy/Sell Indicator. Nonetheless, it is a very interesting gauge that provides solid and accurate trading signals. It works the best during strong market swings. Usage suggestions for forex olympus The Forex Olympus Indicator […]
Renko Boxes Chart Indicator
The Renko Boxes Chart Indicator for MT4 displays Renko Boxes directly on trading chart. It makes an analysis of the price movement and then draws boxes according to that movement. Trading with such Renko Boxes Chart helps in getting a clear picture of the market and reducing unwanted market noise. How to apply renko boxes […]
Momentum Divergence Indicator
The Momentum Divergence Indicator for MT4 automatically recognizes divergences between price and momentum indicator. It draws two lines: classic divergence takes place when the lines are solid, while reversed divergence occurs with dotted lines. Additionally, it marks the potential entry points with buy/sell arrows. How to use the momentum divergence in practice? The Momentum Divergence […]
Adaptive Renko CLD Indicator
The Adaptive Renko CLD Indicator is a forex trend-following indicator using the Renko indicator included in its formula. It consists of two elements: an upward/downward band and a cloud. It does a really good job at recognizing trend-momentum, and obviously, it works best during strong market swings. How to use the Adaptive Renko CLD in […]
Forex Thunderbolt Trading Indicator
The Forex Thunderbolt Trading Indicator is actually a set of indicators, therefore you can consider it as a complete forex strategy. Using it is not very complicated. It simply displays buy/sell arrows with two profit targets and stop loss level. All you need to do is trading accordingly. Forex thunderbolt trading modes There are three […]
