Category: Channel Indicators
Dynamic Cycle Explorer Indicator
The Dynamic Cycle Explorer Indicator is a custom forex trading tool that utilizes the swing trading technique. The signals provided by this forex indicator are based on crossovers. Additionally, it gives buy/sell arrows for trade entries and exits. Using the Dynamic Cycle Explorer in practice Signals provided by the Dynamic Cycle Explorer are really intuitive […]
Quantile Bands Indicator
The Quantile Bands Indicator, as the names suggest, is a forex trading indicator based on quantiles. What is that? Quantiles are cutpoints dividing the range of a probability distribution into contiguous intervals with equal probabilities. This concept is often used in statistics and the theory of probability. To some extent, the indicators look quite similar […]
TMA CG NRP Indicator
The TMA CG NRP Indicator for MT4 displays reliable and colorful channel enhanced with center of gravity, along with buy/sell arrows. What’s more, it has no-repainting feature so it’s not redrawing the once placed formation. The entries are presented in such a friendly and simple way so even beginners can start using it straight away. […]
i-SKB-F Indicator
The i-SKB-F Indicator essentially draws trendlines or channel with a blue upper band and a red lower band. It’s applied to the most recent price action and can be utilized in an breakout strategy. In other words, the opportunity occurs when price breaks any of these two levels and trader is supposed to open an […]
Zig Zag Exit Indicator
The ZigZag Exit Indicator for MT4 can be considered as a dual zig-zag. In comparison to the regular one, this is an unqiue approach as it uses both low and high points. Together is creates a channel-like formation. As a rule of thumb, the buy opportunities happen at low points and short opportunities take place […]
VWAP Bands Indicator
The VWAP Bands Indicator for MT4 displays a channel with a few colorful layers and a white central line. On the first glance, it may strike an resamblance to the Bollinger Bands, but the main difference is that it uses a volume weighted average for that central value. For most of the time, these three […]
BB Buy Sell Zone Indicator
The BB Buy Sell Zone Indicator for MT4 is an interesting approach to bollinger bands with two distinct layers defined. The upper part is highlighted in redish color, while the lower parts has blueish background. What’s more, in the top right corner of the chart there is an informational dashboard providing basic data bands values […]
Anchored VWAP Channel Indicator
The Anchored VWAP Channel Indicator displays, as the name suggests, a channel based on the volume-weighted average price for a specific time period, but starting from a user-selected point. This indicator is pretty unique and provides solid signals. Long trades should be placed when the price is above the channel, and conversely, short trade opportunities […]
Corridor SSA Normalized End-Pointed MTF 2 NRP Indicator
The corridor ssa normalized end-pointed mtf 2 nrp indicator for mt4 displays an seperate window with dynamic channel and yellow line corresponding to price movements. This tool provides short-term reversal opportunities. For the bullish setup, the yellow line should stick to orange band for a while and than start moving away to the upside. Similarly, […]
Zig Zag Channel Indicator
The ZigZag Channel Indicator for MT4 combines typical high-low moves with channel lines and in the result it provides a great visualization and even confirmation of the potential entries. What’s more, directly on chart it additionally places some very insightful data, including: Pips difference from previous point. The number of bars from previous line. The […]
