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TMA Centered Bands Indicator
The TMA Centered Bands Indicator for MT5 creates a dynamic channel formation with one central line and two dotted bands. This guage uses color-code for clarity: the top is pink, the bottom is blue, and the middle one shifts between pink and light blue to reflect trend changes. When it comes to the formula used, […]
Bheurekso Pattern Indicator
The Bheurekso Pattern Indicator for MT5 performs charts analysis and seeks certain candlestick formations. It recognizes patterns like bullish/bearish harami, bull/bear cross, dark cloud, bullish piercing. Once any of them is found an upward or downward arrow is placed. What’s more, a high or low of the triggering bar serves as a reference point for […]
Ultimate Arrows Indicator MT5
The Ultimate Arrows Indicator for MT5 marks potential buy and sell opportunities directly on the chart with colored arrows. Green color represents bullish opportunities and pink suggests bearish opportunities. Its performance varies depending on market conditions. Thanks to the simplicity of generated signals, it’s a good fit for beginners traders. What’s more, one can customize […]
Buy Sell Indicator MT5
The Buy Sell Indicator for MT5 displays small trailing dots and square signal markers in order to guide traders on trend direction and potential entry points. It looks like the Parabolic SAR indicator. This is a good choice for forex traders (especially scalpers) looking to eliminate chart clutter and focus on clear identification of market […]
Linear Regression Channel Indicator
The Linear Regression Channel Indicator for MT5 is responsible for placing five leaning lines that together form an channel. They are calculated based on the maximum deviation. The most external ones define boundries and limits of price, you can consider them as support and resistance levels. What’s more, the slope suggests the trend direction. In […]
Fractal Support and Resistance Indicator MT5
The Fractal Support and Resistance Indicator for MT5 is responsible for drawing multiple horizontal lines. These levels are calculated based on fractals, which means using local high and low points in given period. The support and resistance lines define the boundaries within which the price moves most of the time, however sooner or later a […]
TEMA Indicator
The TEMA Indicator for MT4 involves triple moving averages and aims to be the improved version that reduces lagging issues. Despite the tricky name, it displays just a single line on activity chart. Example chart: How is this tema indicator for mt4 better? The tema provides more responsive readings and acts faster to price fluctuactions. […]
DPO Indicator
The DPO Indicator for MT4 analyzes short-term price fluctuactions, excluding the wider trend perspective. This is done on purpose, as this approach allows to extract brief intervals in order to better point the overbought and oversold levels. The abbreviation means Detrended Price Oscillator and that name describes the concept pretty well. Example chart: How to […]
Fractals Arrows Alert Indicator
The Fractal Arrows Alert Indicator for MT4 provides short-term market bias and reveals potential reversal opportunities. These signals are presented in the form of buy/sell arrows: yellow arrows for bullish momentum red arrows for bearish momentum Please note you can get multiple signals in a row in the same direction. Due to fractals nature, which […]
Darvas Boxes NMC Indicator
The Darvas Boxes NMC Indicator for MT5 draws squares and rectangles on activity chart. These shapes have special meaning as their right edges act as potential trade entry points. What’s more, the formula behind this tool allowed its creator to amass a considerable fortune. A little bit of historical background Nicolas Darvas developed his unique […]
