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RSO Indicator MT4
The RSO Indicator for MT4 is oscillator variation of Relative Strength Index. The difference between them is that RSO presents its signals in the form of an oscillator line plus histogram bars. Example chart: How to use the RSO Indicator for MT4? Most oscillators swing around a center line, usually at 0.0. The RSO gives […]
Fan RSI Indicator
The Fan RSI Indicator for MT4 falls into the category of trend momentum oscillators. In essence, it plots multiple Relative Strength Index lines within a single chart. It comes in handy if a trader wants to recognize trends early on and therefore benefit from trading first pullbacks of these emerging trends. Let’s deep dive into […]
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 MT4
The Aroon Indicator for MT4 tells traders if given currency pair is currently in a trend and, if so, how strong that trend is. Example chart: How to use the Aroon Indicator for MT4? The Aroon Indicator consists of two lines: yellow “Up Line” and blue “Down Line”. Trading signals are generated after a crossover […]
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
The BAT ATR Indicator for MT4 displays one-side price band based on Average True Range calculations. Example chart: How to use the BAT ATR Indicator? As you can see on the EUR/AUD H4 chart, the indicator either red or blue band. Blue line suggests bullish momentum and long trade opportunity. Conversely, red line reveals bearish […]
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 […]
