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SMA Rainbow Trend Indicator
The SMA Rainbow Trend indicator is a very popular trend-following indicator that consists of multiple colorful moving averages. The way to use that gauge is really simple. When all moving averages are pointing up – there is a bullish trend. Similarly, when When all moving averages are pointing down- there is a bearish trend. Avoid […]
Percent Difference Oscillator Indicator
The Percent Difference Oscillator (PDO) indicator is, as the name suggests, an oscillator that shows the difference between the moving average and the current close price. Results are provided as the percent of the moving average (above or below the MA). The formula for the Percent Difference Oscillator indicator is the following: PDO = 100*(Close […]
All In One Divergence Indicator
The All In One Divergence indicator for MT4 recognizes and marks divergences between price and the Relative Strength Index (RSI). There are two types of divergences: bullish (upward price move) and bearish (downward price move). It is pretty easy to follow the signals, simply follow these suggestions: In up trending market conditions, look for a […]
Forex Smart Pips Trading System
The Forex Smart Pips Trading System is a double crossover trading strategy that uses four different moving averages for identifying the market trends. It has additional elements like daily pivot points and momentum oscillators in order to produce a complete trading formula for its users. In the top right corner, there is also a small […]
Bid Ask Spread Indicator
The Bid Ask Spread indicator is a useful gauge that displays the bid/ask spread in real-time for any currency pair. In the top right corner of the chart, you will see three values displayed. The green one is ask price, the red one is bid price, the orange is the spread (difference between ask and […]
Time Zones Indicator
The Time Zones indicator shows the current time of the most active forex markets in the world. Starting from Home (your location), New York, London, Tokyo, Sidney, and finishing with the time provided by a server/broker. The red-colored lines indicate currently active trading zones. All that data is displayed in the top left corner of […]
Auto Trend Lines Channels Indicator
The Auto Trend Lines Channels indicator detects the tops and bottoms of the market and connects these points with automatic trend lines. That gauge provides high accuracy in defining correct trend lines. Besides moving averages, auto trendline plays a vital role in spotting dynamic support and resistance levels. To achieve maximum benefit from the Auto […]
Zwinner Trend Indicator
The Zwinner Trend Indicator is a simple, but effective forex trend recognition tool. The provided trading signals are represented in the form of green and red bars. As you can probably guess, green bars indicate a bullish trend, and red bars indicate a bearish trend. Both beginners and advanced forex traders can it a try. […]
RSI Divergence Candles Indicator
The RSI Divergence Candles Indicator for MT5 is a momentum oscillator that measures the speed and change of price movements. The signals are shown in the form of candles that are colored differently in a manner that gives traders plenty of information about market trends and their directions. The foundation for that indicator is the […]
Three Moving Averages Convergence/Divergence (MAxCD) Indicator
The Three Moving Averages Convergence/Divergence (MAxCD) indicator also known as MAxCD, is a signal oscillator that consists of three moving averages. This forex indicator draws three colored histogram bars that float above and below the zero level. Each color of the histogram bar represents each moving average. The readings of that gauge are really easy […]
