Category: Channel Indicators
TMA Fast Line Indicator MT4
The TMA Fast Line Indicator for MT4 displays colorful price channel below in a dedicated window placed below the trading chart. Example chart: How to use the TMA Fast Line Indicator for MT4? This channel is based on Triangular Moving Average – there are two external bands (pink and aqua) and middle line that reveals […]
Trend Path Non-Repaint Indicator MT4
The Trend Path Non-Repaint Indicator for MT4 is an interesting trend-following tool and it can be even considered as a trading system as it’s pretty comprehensive and covers various aspects. It’s able to identify trend direction, market reversals, and high-probability entry points. What’s more, provided signals are reliable due to non-repainting nature. Example chart: Anatomy […]
ATR Bands Indicator MT4
The ATR Bands Indicator for MT4 combines the Average True Range with a set of outer bands to measure volatility. These bands can also act as support and resistance levels in the market. Example chart: How to use the ATR Bands Indicator for MT4? The indicator plots an upper and lower band calculated from the […]
Keltner Channel With Signals Indicator MT4
The Keltner Channel With Signals Indicator for MT4 combines a standard Keltner Channel with a Jurik moving average. It also adds visual arrow signals to flag potential buy and sell opportunities. Example chart: How to use the Keltner Channel With Signals Indicator for MT4? The Keltner Channel itself is built from a moving average and […]
Hodrick-Prescott Channel Indicator MT4
The Hodrick-Prescott Channel Indicator for MT4 is a price channel based on the Hodrick-Prescott digital filter and it’s available for free download. Instead of having static support and resistance levels, it plots dynamic bands that adjust to the ongoing price action. As the result, a forex trader receives more accurate potential entry points. Are you […]
ADX Trend Indicator
The ADX Trend Indicator for MT4 is a forex price channel based on the Average Directional Index and it’s available to free download. Its bands work as dynamic overbought and oversold levels delivering potential market entry points. What’s more, its slope comes in handy in determining the trend direction. Technical analysis is pretty easy with […]
Center of Gravity V3 Indicator
The Center of Gravity V3 Indicator for MT4 provides a price channel with multiple extensions defining overbought and oversold levels plus a center line and it’s available to free download. These lines are highly reactive to price fluctuations and adjust their curvature to the trend direction. Let’s take a detailed look at that interesting forex […]
Keltner Channel With Alert Indicator MT4
The Keltner Channel With Alert Indicator for MT4 plots a volatility-based channel, built on Chester W. Keltner’s original concept. It has built-in alerts so you don’t have to watch the chart constantly for a signal. Example chart: How to use the Keltner Channel With Alert Indicator for MT4? The Keltner Channel Indicator plots three lines: […]
Auto Trend Channel Indicator
The Auto Trend Channel Indicator for MT4 is an awesome tool that displays a set of trendlines defined by the highs and lows of a currency pair price action. These lines are plotted automatically on a chart and together make a price channel as the price is moving between two parallel trendlines. This is one […]
Raff Channel Indicator
The Raff Channel Indicator draws a trend channel using the technique originally introduced by Gilbert Raff. The slope of the channel shows a trend direction and its boundaries are considered potential market entry points. Closer look on the Raff Channel Indicator The upper and lower trendlines show the maximum distance the Close Line had moved […]
