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RSI MA Indicator

The RSI MA Indicator for MT4 is a unique combination of (what a surprise) the Relative Strength Index and the Moving Average, however it acts typically as oscillator. That gauge usually takes only two values: zero and one. When the red signal line indicates 0 value, is means a bearish trend. Similarly, when the red […]

CCI MA X2 Smoothed MTF Indicator

The CCI MA X2 Smoothed MTF Indicator for MT4 falls into trend-following category of gauges. It consists of four moving averages that together create a channel (two MAs per band). When the white lines are aligned above the green lines, the trend is considered bullish. Similarly, when the white lines are aligned below the green […]

Aroon Indicator

The Aroon Indicator for MT4 comes in handy for reading short-term trends. Watch as the “Up Line” (Default color: Yellow) reaches 100 level (or near) – that means an uptrend takes place. Watch for the “Down Line” (Default color: Dodger Blue) reaches 100 level (or near) – that means a downtrend occurs. The Aroon Indicator […]

DAT ATR Indicator

DAT ATR Indicator How to install the DAT ATR Indicator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the DAT ATR Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You […]

BAT ATR Indicator

BAT ATR Indicator How to install the BAT ATR Indicator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the BAT ATR Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You […]

RSI with RSI Indicator MT5

The RSI with RSI Indicator for MT5 presents interesting approach, combining two instances of the classic relative strength index oscillator. Most of the regular rsi-based indicators uses just one source for the calculations, this tool takes a step further and leverages dual readings. By doing so, the indicator captures both short-term retracements and long-term trends. […]

RSI HTF Indicator MT5

The RSI HTF Indicator for MT5 is an interesting variation of the famous Relative Strength Index. This version provides signals in the form of colorful dots instead of the traditional oscillator line. The dots appear red in the lower section and green in the upper section, with the separation line at the 50 value level. […]

CCI of EMA Indicator MT5

The CCI of EMA Indicator for MT5 displays an oscillator line which takes additional colors after reaching overbought or oversold zones. Essentially, this is a hybrid technical analysis tool that blends the Commodity Channel Index with an Exponential Moving Average. Example chart: How does the cci of ema indicator for mt5 work? Normally, the CCI […]

Double Smoothed Stochastic Indicator MT5

The Double Smoothed Stochastic Indicator for MT5 displays long-term stochastic line with highlighted extreme areas using colorful fillings. This allows traders to see the market with less noise and let them prepare for potential reversal trades. Example chart: How to use the double smoothed stochastic indicator for mt5? Once the indicator is activated, it shows […]

Divergence Recognition Indicator

The Divergence Recognition Indicator is a custom forex indicator for Metatrader 4 (MT4) that automatically recognizes and displays divergences. The indicator itself is located in a sub-window placed just below the main trading chart, but the divergence trend lines are put in both places. MT4 Divergence Recognition Indicator Attributes: Currency pairs: any, but majors recommended […]