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Momentum Scalper Indicator
The Momentum Scalper indicator is, as the name suggests, a forex trading tool created for scalping traders. The signals provided by this indicator are really easy to follow. Just stick to the trading rules below. Histogram bars: Red bars represent market moves to the downside. Blue bars represent market moves to the upside. Grey bars […]
Sibbet Demand Index Divergence Indicator
The Sibbet Demand Index Divergence indicator is a custom forex trading indicator that uses the moving average of the price data. It helps traders to understand whether the bullish or bearish movement in the price is getting stronger or weaker. That gauge is made of the histogram and the moving average (signal line). See also: […]
RSI with Fibonacci Auto Channel Indicator MT5
The RSI with Fibonacci Auto Channel Indicator for MT5 combines multiple technical elements, including trend direction, oscillators, and channel bands, into a single comprehensive indicator. It provides a holistic view of the market, also providing potential entry and exit points for traders. Example chart: How to use the rsi with fibonacci auto channel indicator for […]
Trend Channels Indicator
The Trend Channels indicator is a custom forex tool that plots colorful trend channels directly on the main trading chart. You should look for buy opportunities when price reacts from lower trendlines, and similarly, you should look for sell opportunities when price reacts from upper trendlines. This indicator places a lot of channels and it […]
MACD Divergence Indicator
The MACD Divergence indicator is a forex trading tool based on the well-known Moving Average Convergence / Divergence indicator. It recognizes, spots, and displays divergences. Additionally, it will draw divergence lines. Reaction from these lines will be a good entry point. We give you 2 versions of MACD Divergence. The second one draws arrows after […]
MFI RSI Divergence Indicator
The MFI RSI Divergence indicator is a forex tool based on Money Flow Index and Relative Strenght Index. It recognizes, spots, and displays divergence. Additionally, it provides buy/sell arrows for bullish and bearish divergences. We suggest using it for entries and exit ideas or as a filter in your favorite trading strategy.
Forex Prediction Indicator
The Forex Prediction is, as the name suggests, a forex indicator that forecasts market trends. This gauge analyses the trend for 7 different timeframes: M1, M5, M15, M30, 1H, 4H, 1D. The Forex Prediction works in real-time measuring the strength between buyers and sellers. When one side is dominating, it will display an adequate arrow […]
Exit Indicator
The Exit indicator tries to find the best moment to exit an opened trade. The algorithm of this gauge delivers exit signals pretty accurately, taking into consideration the weakening movement of short-term trends. Following these signals, you will know when to partially or fully close the order. Exit signals for sell orders are represented by […]
Absolute Strength Oscillator
The Absolute Strength Oscillator measures two main forces driving the markets: bulls and bears. In other words, it shows whether the dominant players are buyers or sellers. The very moments these forces change are visible in a crossovers between two lines repesenting both parties. Le’ts analyze this tool in more details. The anatomy of absolute […]
Currency Strength Meter Indicator
The Currency Strength Meter indicator shows which currencies are trading STRONG against the WEAK currencies! The indicator is displayed in a separate window placed just below the main trading chart, and it provides the strength momentum of the 8 major currencies: EUR GBP AUD NZD CAD CHF JPY The indicator is based on the mathematical […]
