Author: admin

FR Trendlines Indicator

The FR Trendlines is a trend-following forex indicator that consists of two lines. These lines work in similar manner to the moving average. It is really simple to use that gauge. When the lines are blue color, and pointing up – there is a bullish trend and you should be looking for buy trades. Similarly, […]

Glitch Index Indicator

The Glitch Index indicator is a custom forex histogram indicator that shows the index of the price deviation from its average value. That gauge was first introduced in the February edition of Active Trader Magazine in the year 2004. Since then, it has continued to gain popularity and support within the MT5 traders community. These […]

Alfa Profit V3 Indicator

The Alfa Profit V3 Indicator for MT4 provides simple buy/sell trading arrows. You can use it in scalping as it gives pretty early entry points, however, we suggest adding some trend direction filter. Example charts As you can see on the chart below, the Alfa Profit generated good and accurate signals. Entry suggestions were on-point […]

Open Scalping Volatility Trading System

The Open Scalping Volatility Trading System is a great trend-following forex strategy. It provides a complete forex intraday scalping trading formula to its users. It consists of 5 elements: Auto Pivot Indicator (important market levels), Non Lag Dots (momentum indicator working like Parabolic SAR), Percentual ZigZag (displays buy/sell arrows), Volatility Pivot Level (dynamic support and […]

COG MACD Trend Indicator

The COG MACD Trend is a forex trend indicator based on popular Center of Gravity and Moving Average Convergence Divergence indicators. That gauge gives an interesting trend-following channel wrapped around the MACD bars. It’s really easy to follow the signals provided by the COG MACD indicator: The trend is considered to be bullish (uptrend) when […]

Volume Profile on Time Range Indicator

The Volume Profile on Time Range indicator provides a volume profile for a specific period of time. The volume profile is displayed on the right side of the trading chart in the form of olive-green bars. The best entry points occur when the bars are small, so pay attention to candlestick patterns and small volume […]

ADMIR Indicator MT5

The ADMIR Indicator for MT5 is a forex oscillator whose name stands for Average Directional Movement Index Rating. It calculates the ratio between the ADX values of two Average Directional Movement Index indicators with different time periods. Example chart: How to use the ADMIR indicator for MetaTrader 5? The price is considered to be bullish […]

RSI Divergence Alert Indicator

The RSI Divergence Alert Indicator is a custom variation of the Relative Strength Index indicator (RSI) that provides alerts when buy/sell signals occur. As the name suggests, these signals are based on the divergences between price and RSI indicator.

Secret Profit Levels Indicator

The Secret Profit Levels indicator is a complete trading formula that provides traders with the forex entry point, take profit target 1 level and take profit target 2 level. You will find two zones on the chart. When the price breaks into the green zone, it works as a buy signal. Similarly, when the price […]

WATR Simple Trend Indicator

The WATR Simple Trend indicator is a custom forex indicator that shows market trends in the form of an upside/downside band. As the name suggests, it’s really simple to use that indicator. When the coral color band is moving below the candlesticks – it means there is a bullish trend. While the dodger blue color […]