Category: Channel Indicators
Donchian Channel with EMA Indicator
The Donchian Channel with EMA for MT4 is a trend-following indicator containing, as the name suggests, Donchian Channel and Exponential Moving Average. The bands of the Donchian Channel can be used to identify the trend, breakout, and volatility of the market and are calculated on high and low of the past market data. It works […]
Star Profit Channel Indicator
The Star Profit Channel indicator for MT4 plots on the charts a dynamic price channel. That channel has three extensions for both upper and lower bands. You can use these bands of Star Profit Channel to find your market entry points. Obviously, look for buy trade opportunities when the price hits lower bands, and similarly, […]
Forex Atron Scalper Indicator
The Forex Atron Scalper indicator for MT4 is a trading channel forex scalper system. It puts two bands on the activity chart, a red upper band, and a blue lower band together with buy/sell dots that appear when candlesticks go outside these bands. The scalping trend is considered bullish when both bands are pointing to […]
Keltner X2 MTF TT Indicator
The Keltner X2 MTF TT is a custom forex indicator that displays two Keltner Channel bands and the best fit for that gauge is a reversal strategy. Due to applying these dual bands, a trading event happens that bands of one channel touch and cross through bands of the other channel. You can call that […]
Auto Trend Lines Channels Indicator
The Auto Trend Lines Channels indicator detects the tops and bottoms of the market and connects these points with automatic trend lines. That gauge provides high accuracy in defining correct trend lines. Besides moving averages, auto trendline plays a vital role in spotting dynamic support and resistance levels. To achieve maximum benefit from the Auto […]
Fiji BB Alert Indicator
The Fiji BB Alert Indicator is a custom forex indicator based on famous Bollinger Bands, but it has an additional feature. Namely, the Fiji BB displays dots or circles at the touch of the band. That formula is very useful during sideways markets, but not so much during strong trends. Therefore, you will get the […]
Double Channel Forex Scalper Indicator
The Double Channel Forex Scalper indicator is a great accuracy trading tool that is a combination of three moving averages and buy/sell arrows. Similarly to all other scalping indicators, this one was also made for lower timeframes (like M5). However, it also works pretty well on higher timeframes too (like H4 or D1). Simplified trading […]
True Fractals Bands MTF Indicator
The True Fractals Bands MTF Indicator implements a dynamic trading channel with additional fractals displayed. This is a multi-timeframe forex indicator. For example, you can trade the M15 chart while using H4 TF for the indicator.
Bollinger Toucher AA Indicator
The Bollinger Toucher AA Indicator shows arrows when the price touches the upper/lower Bollinger Band. This is a very handy tool for forex traders using a range trading strategies. During a sideways market, the price tends to move from one band to the other.
High Way Channel Indicator
The High Way Channel indicator draws a trading channel that automatically adjusts to the market moves. You should be looking for sell trades at the upper band (dark red color) and similarly, you should be looking for buy trades at the lower band (dark red color).
