Author: admin
Linear Regression Channel Indicator
The Linear Regression Channel Indicator for MT5 is responsible for placing five leaning lines that together form an channel. They are calculated based on the maximum deviation. The most external ones define boundries and limits of price, you can consider them as support and resistance levels. What’s more, the slope suggests the trend direction. In […]
Fractal Support and Resistance Indicator MT5
The Fractal Support and Resistance Indicator for MT5 is responsible for drawing multiple horizontal lines. These levels are calculated based on fractals, which means using local high and low points in given period. The support and resistance lines define the boundaries within which the price moves most of the time, however sooner or later a […]
TEMA Indicator
The TEMA Indicator for MT4 involves triple moving averages and aims to be the improved version that reduces lagging issues. Despite the tricky name, it displays just a single line on activity chart. Example chart: How is this tema indicator for mt4 better? The tema provides more responsive readings and acts faster to price fluctuactions. […]
DPO Indicator
The DPO Indicator for MT4 analyzes short-term price fluctuactions, excluding the wider trend perspective. This is done on purpose, as this approach allows to extract brief intervals in order to better point the overbought and oversold levels. The abbreviation means Detrended Price Oscillator and that name describes the concept pretty well. Example chart: How to […]
Fractals Arrows Alert Indicator
The Fractal Arrows Alert Indicator for MT4 provides short-term market bias and reveals potential reversal opportunities. These signals are presented in the form of buy/sell arrows: yellow arrows for bullish momentum red arrows for bearish momentum Please note you can get multiple signals in a row in the same direction. Due to fractals nature, which […]
Darvas Boxes NMC Indicator MT5
The Darvas Boxes NMC Indicator for MT5 draws squares and rectangles on activity chart. These shapes have special meaning as their right edges act as potential trade entry points. What’s more, the formula behind this tool allowed its creator to amass a considerable fortune. A little bit of historical background Nicolas Darvas developed his unique […]
MACD 4C Indicator MT4
The MACD 4C Indicator for MT4 is built for trend-momentum traders. It’s based on the standard MACD but displays signals as a four-color histogram instead of crossing lines, making trend direction and strength easier to read. How to use the MACD 4C Indicator for MetaTrader 4? Traditional MACD relies on two signal lines and their […]
BT Trend Trigger Indicator
The BT Trend Trigger Indicator for MT4 serves as a helpful tool in detecting changing market trends. It can be considered a momentum gauge since these changes often happen very quickly. What’s more, forex traders looking to increase their success rate, may even use it as a confirmation for signals provided by other technical indicators. […]
Trend Direction V2 Indicator
The Trend Direction V2 Indicator for MT4 performs an analysis in order to define the predominating market trend. Behind the scenes, it calculates past and current price data to provide real direction. These readings are presented in the form of histogram bars, which are clean and very user-friendly. The below screenshot shows the indicator in […]
Trend Bands Indicator
The Trend Bands Indicator for MT4 plotts two bands and a moving average in the middle. Their main goal is tracking market trends and price volatility changes. They act as good support or resistance levels, so when the price touches them, you can expect high-probability reactions. These areas are trade entry opportunities. It should look […]
