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RSI Divergence Indicator
The name of the RSI Divergence indicator seeks for Relative Strenght Index divergences and displays them both within indicators window and on the activity chart in conjunction with buy/sell arrows. There are multiple customizable input settings, including: Period – defines calculation period; Applied price – defines price calculation method; Overbought – defines overbought level; Oversold […]
Keltner X2 MTF TT Indicator
The Keltner X2 MTF TT is a custom forex indicator that displays two Keltner Channel bands and the best fit for that gauge is a reversal strategy. Due to applying these dual bands, a trading event happens that bands of one channel touch and cross through bands of the other channel. You can call that […]
KAMA Indicator
The name of the KAMA Indicator for MT5 stands for the Kaufman Adaptive Moving Average. The author of that indicator Perry J. Kaufman, first introduced that concept in his book titled Smarter Trading: Improving Performance in Changing Markets in the year 1995. This is a variation of the adaptive moving average, which is built on […]
Candle Timer Indicator
he Candle Timer indicator for MetaTrader 4 is a simple tool that shows the remaining time before the current candlestick closes and a new candle starts forming. That gauge is located on the right side of the current bar. In the settings, you can set color, size, etc.
RSI Color Indicator
The RSI Color indicator for MT4 is a custom Relative Strength Index indicator. It has an additional feature that colorizes the oscillator line when it hits the overbought/oversold area. You will also find buy/sell arrows which are displayed when the oscillator reaches these levels.
Trend Wave Indicator
The Trend Wave indicator for MT4 is a custom forex oscillator. The formula behind that gauge uses the combination of price, exponential, and simple moving averages. It usually works great at catching accurately short-term price reversals during the ongoing trending market. The bullish and bearish crossovers of the main and signal lines can be used […]
Candle Ratio Indicator
The Candle Ratio indicator measures the ratio that exists between the bullish and bearish candlesticks over the defined period of time. It consists of two lines which are colorized red (smoother line) and green (sensitive line). The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings […]
Profit Sunrise Indicator
The Profit Sunrise indicator is a buy/sell signal indicator for binary options and forex markets. Developers of the Profit Sunrise gauge stress that it is based on an innovative formula using sophisticated calculations to provide accurate signals for entry points that do not repaint. Trading rules are pretty simple, just follow the arrows (there is […]
Forex Arcanum Indicator
The Forex Arcanum Indicator for MT4 is a unique forex indicator (or actually a set of indicators) that puts a strong emphasis on analyzing the behavior of the market and traders. Developers of that gauge assumed that a single human mind can be completely unpredictable and this approach can be applied to financial markets. However, […]
FX5 MACD Divergence Indicator
The FX5 MACD Divergence indicator draws divergence lines on the MACD indicator and will give buy and sell signals by displaying green and red arrows. It also has a built-in alert function. As the original indicator, bullish divergence is plotted in green lines while bearish divergence is plotted in red. If the divergence is classic […]
