Author: admin
Adaptive Renko Indicator
The Adaptive Renko indicator utilizes trend recognition along with the trailing stops. It can even be your all-in-one trend riding trading tool. That tool consists of two elements: small dotted lines and two bold red/green solid lines. The dotted lines work as upper and lower bands of the channel, and the solid lines are support/resistance […]
FX Pip Power Indicator
Introduction to the FX Pip Power Forex Indicator The FX Pip Power Forex indicator works in a similar manner to the Moving Average Convergence Divergence (MACD) gauge. It measures the strength and direction of the market trend. When the bars are green and above the 0 level, you should be looking for buy opportunities. Similarly, […]
Laguerre Histogram Indicator
The Laguerre Histogram indicator, as the name suggests, displays Laguerre Oscillator signals in a form of the histogram bars, but also in an unusual way. These histogram bars are plotted into some kind of channel. Generally speaking, green bars represent an oversold market state and opportunity for a long trade (buy). Similarly, red bars represent […]
True Fractals Bands MTF Indicator
The True Fractals Bands MTF Indicator implements a dynamic trading channel with additional fractals displayed. This is a multi-timeframe forex indicator. For example, you can trade the M15 chart while using H4 TF for the indicator.
ADX VMA Trend Indicator MT5
The ADX VMA Trend Indicator for MT5 displays smoothed readings regarding market trends. As the name suggests, its formula is based on the combination of custom moving average and average directional movement index. An important fact is that the signals are not repainting. Example chart: How to use the adx vma trend indicator for mt5? […]
Bollinger Toucher AA Indicator
The Bollinger Toucher AA Indicator shows arrows when the price touches the upper/lower Bollinger Band. This is a very handy tool for forex traders using a range trading strategies. During a sideways market, the price tends to move from one band to the other.
Ehlers Histogram Oscillator Indicator
The Ehlers Histogram Oscillator indicator, as the name suggests, shows Ehlers signals in the form of histogram bars. These signals are really easy to read: simply the blue bars mean opportunities for buy trades, and the red bars mean opportunities for sell trades. The EHO can work as a filter for trade entries and exits.
High Way Channel Indicator
The High Way Channel indicator draws a trading channel that automatically adjusts to the market moves. You should be looking for sell trades at the upper band (dark red color) and similarly, you should be looking for buy trades at the lower band (dark red color).
Trend Quality Indicator
The Trend Quality indicator was first introduced by David Sepiashvili. It is a trend detection and estimation tool that is based on a two-step filtering technique. It measures cumulative price changes over term-oriented semicycles and relates them to “noise.” Essentially it works in a similar manner to the oscillator. Higher values mean a higher quality […]
Hull Style ATR Indicator
The Hull Style ATR indicator is a combination of the Hull Moving Average and the Average True Range. It is a basically a simple crossover trading tool – it consists of green and purple line displayed in a window placed just below the main chart. The Hull Style ATR should be used with conjuction of […]
