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Chandelier Exit Cloud Indicator MT5
The Chandelier Exit Cloud Indicator for MT5 performs analysis of price movements and in the result provides specific trend display. Essentially, this guage shows signals in the form of a colorful cloud. To be precise, there are green and pink formations that correspond to bullish and bearish market bias. This can be utilized in several […]
Breakout Zones Indicator
Goal of the Breakout Zones Indicator for MT5 is scanning charts for the special zones with high-probability opportunities. These levels are displayed in the form of two horizontal lines serving as reference points for the potential trades. What’s more, they are both based on specific time interval, thus apply only for a specific slice of […]
Prevailing Trend Indicator MT5
The Prevailing Trend Indicator for MT5 simply reflects the current trend by two distinct lines. These so-called components and their setup has specific meaning, namely red one suggests bearish scenario, while the green one corresponds to bullish market. The trade signals occurs when they cross each other. Example chart: How to use the prevailing trend […]
Averages Heatmap Indicator
The Averages Heatmap Indicator for MT5 is essentially a combination of multiple moving averages giving wide perspective on market situation. It can be successfully used for determining trend strenght and direction or even stop loss and take profit levels. When you activate the gauge, it will be displayed within own window placed below main trading […]
4 MA Strength Indicator
The 4 MA Strength Indicator for MetaTrader 4 generates buy and sell trading signals using, as its name suggests, a set of four moving averages. This indicator analyzes the price chart to determine both the direction and power of the ongoing trend. When it’s applied to the chart, it displays a histogram of colored bars. […]
Double Stochastic With RSI Indicator
The Double Stochastic With RSI Indicator for MT5 is an interesting combination of these two popular oscillators that are by many considered the best reversal gauges. Its main principle is comparing previous and current values of the readings. The final calculations are pleasantly displayed on the charts with clear overbought and oversold areas. The idea […]
ATR Support/Resistance Levels Indicator
The ATR Support/Resistance Levels Indicator for MT5 uses, as the name suggests, the Average True Range to define three precise support and resistance levels on trading charts. The goal of this tool is identification of key areas at which there is high-probability of strong market reactions. Levels of higher importance explained The formula behind this […]
Karpenko Cloud Indicator MT5
The Karpenko Cloud Indicator for MT5 is trend gauge that displays colorful cloud directly on the trading chart. These greenish and pinkish formations refelct prevailing market trends. What’s more, these special formations allows to spot potential shifts in market-driving powers. Let’s see how to utilize them. How to use the karpenko cloud indicator for mt5? […]
Harmonic Pattern Finder Indicator
The Harmonic Pattern Finder Indicator for MT5 was created to scan through forex charts and detect various trading patterns with precision and engagment. For convenience, it quickly presents the findings directly on the chart. When it comes to these detections, it has pretty solid reliability. So let’s see why it’s worth your attention. Why harmonic […]
Two SMA Cross Indicator MT5
The Two SMA Cross Indicator for MT5 is, as the name suggests, a combination of two simple moving averages. They work together to generate clean buy and sell signals directly on trading chart along with colorful visual references. It can be effectively utilized in many ways, but mainly as trade entries and exit points provider […]
