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NXC Slope Divergence Indicator
The NXC Slope Divergence Indicator is a slope indicator based on the divergence between price and NXC trading indicator. Trades are triggered at the touch of trendlines that are plotted by NXC Slope Divergence Indicator and they together create a channel. Take a look at an example chart. How to apply NXC Slope Divergence in […]
Holt Double Exponential Smoothing Indicator
The Holt Double Exponential Smoothing Indicator for MT4 is responsible for detecting market momentum. It is mainly used for forecasting, not as an average. The forecasting method usually used with it is a sort of linear forecasting. Simply look for buy trades when the signal line is green color, and similarly, look for sell trades […]
ZFXi Swap Indicator
The ZFXi Swap Indicator is a forex information tool that displays the name of the currency pair, the current spread, swap to buy, swap to sell, high-low price for the current day, high-low price for the current week, and the high-low price for the current month. That data can be found in the bottom left […]
FATL PlusBack Indicator
The FATL PlusBack Indicator for MT4 simply consists of the four moving averages. When it comes to trading rules with it, just look for buy trades when the orange and green lines are above the red line. Similarly, look for sell trades when the orange and green lines are below the red line. Example chart:
Second Chart Indicator
The Second Chart Indicator is a very useful tool that displays candles of chosen currency pair in a sub-window placed just below the main trading chart. It could be handy in various situations. For example, when you have many indicators plotted over candlesticks and you want to see the price action clearly. You can also […]
Dynamic Cycle Explorer Indicator
The Dynamic Cycle Explorer Indicator is a custom forex trading tool that utilizes the swing trading technique. The signals provided by this forex indicator are based on crossovers. Additionally, it gives buy/sell arrows for trade entries and exits. Using the Dynamic Cycle Explorer in practice Signals provided by the Dynamic Cycle Explorer are really intuitive […]
UF2018 Indicator
The UF2018 Indicator for MT4 is typically used for determination of general market’s trend. The readings are quite basic, as it just displays orange and blue bars. The orange bars reflect a bearish trend, and similarly, the blue bars reflect a bullish trend. It should be used rather as a filter than a standalone signal […]
AFStar Indicator
The AFStar Indicator for MetaTrader 4 is essentially a buy/sell arrows gauge. It could be a good supplement to your trading system and confirmation of trade entry points and exit points. You can use this tool as a short-term swing levels recognizer. Further testing proved that it may slightly repaint past bars, but not much, […]
Candle Direction Indicator
The Candle Direction Indicator for MT4 provides information for each time frame whether current bar is bullish, bearish or neutral. In the top left corner of the chart there are red, green or white squares tagged with corresponding tf. This data allows traders to see bigger picture and to understand what is going on with […]
Three Line Break Indicator
The Three Line Break Indicator for MT4 is focused purely on price movements and do not consider the time factor. The starting point is about price action and trends, filtering smaller fluctuactions. In the result it’s easier for trades to identify significant changes. This method is named after the number of lines usually used to […]
