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Chandelier Exit Indicator
The Chandelier Exit Indicator for MT4 is based on a very specific principle. Namely, the opproach aplied here tells to stay in a trade until a clear shift in trend is evident. This way forex traders stay away from premature exits, and at the same time, they maximize potential profits. What’s more, it also provides […]
Breakout Zones Indicator
The Breakout Zones Indicator for MT4 draws support and resistance lines on the trading chart. These levels are determined by price fluctuations. The idea here is utilizing the breakout of the key zones instead of their rejections (which is typically the case). When it occurs, there are usually large swings, so potentially you can catch […]
Color MA Indicator MT4
The Color MA Indicator for MT4 can be considered a simple trend gauge showing market’s direction together with entry and exit signals through a colored line. Surprisingly, it has pretty impressive backtest record showing high success rate when compared to similar indicators. How to use the color ma indicator for mt4? Essentially, this is a […]
Order Block Locator Indicator
The Order Block Locator Indicator for MT5 offers superior buy and sell signals within the forex market, pinpointing them by analyzing price exhaustion points. These order blocks represent regions where substantial orders have been executed, a result of participation from various significant market players, including banks, hedge funds, and other financial institutions. Order Block Locator […]
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 […]
