Category: Channel Indicators
Fractal Channel Indicator
The Fractal Channel Indicator for MT4 provides a continuous channel formed by connecting the successive Up and Down fractals. As the name suggests, the indicator is based on fractals, which were originally introduced by Bill Williams. An Up-Fractal is a series of 5 consecutive bars with the highest high in the middle and two lower […]
Keltner Channel Color Indicator
The Keltner Channel Color Indicator for MT4 is a variation of the well-known Keltner Channel, but this gauge displays a colorful channel that reminds a cloud. It’s pretty easy to use because the color of the channel suggests the direction of a trade. Anatomy of the Keltner Channel Color Indicator As the name suggests, the […]
Super Signals Channel Indicator
The Super Signals Channel Indicator for MT4 is, as the name suggests, a channel-based forex trading indicator. That gauge consists of dual bands that work as dynamic support/resistance levels and buy/sell arrows as signal triggers. Due to the nature of the indicator, it works best during market consolidations and sideways movement. A signal takes place […]
Trend Strength OMA Channel Indicator
The Trend Strength OMA Channel Indicator for MT4 is a trend signal indicator as it detects whenever the market trend condition is overbought or oversold. That forex indicator consists of the main orange signal line displayed within its own window along with the green/red channel and the buy/sell arrows plotted directly on the main chart. […]
Price Channel Signal Alerts Indicator
The Price Channel Signal Alerts Indicator for MT4 consists of two elements. The first element is big blue and red dots that define the direction of current movement. The second element is buy/sell arrows called “re-entry”. These arrows work as trade entry points. The best results with the Price Channel Signal Alerts Indicator are achieved […]
Spielers Hedge Divergence StdDev Indicator
The Spielers Hedge Divergence StdDev Indicator for MT4 is a unique forex indicator based on Standard Deviation, that helps to recognize market overbought and oversold levels. It is a channel that consists of three red extensions defining overbought levels, three blue extensions defining oversold levels, and one yellow middle line for market balance. What’s more, […]
Advanced Bollinger Bands Indicator
The Advanced Bollinger Bands Indicator for MT4 is a sophisticated version of the popular Bollinger Bands indicator as it has several additional features. The first thing you will probably notice is that area above the middle line of the Bollinger Band is green and area below it is red. You will also get price values […]
Donchian Channel Indicator
The Donchian Channel Indicator for MT4 is a popular trend-following gauge. It was originally developed by a trading legend and one of the pioneers of technical analysis, Mr. Richard Donchian. This classic indicator is considered as one the most accurate channels on the market. It helps in determining price volatility as well as potential breakouts. […]
Jurik Keltner Channel Indicator
The Jurik Keltner Channel Indicator for MT4 is, as the name suggests, a combination of Jurik and Keltner Channel into one forex trading indicator. You can consider it as an enhanced version of Keltner Channel indicators. Trading rules are pretty obvious. Simply, look for buy trade opportunities when the price touches and rejects the lower […]
Linear Regression Channel Breakout Indicator
The Linear Regression Channel Breakout Indicator for MT4 draws mini Linear Regression Channels and when a breakout occurs, it marks the signal with an arrow. Note that these channels are really short-term, hence you will get a lot of them placed on the chart.
