Category: Channel Indicators
RVM Fractals Level Indicator
The RVM Fractals Level Indicator for MT4 builds a channel based on fractals and imposes on it all the Fibonacci fan. If the price leave that 3 lines, most propably it will change the direction of its movement. These lines are Fibonacci extenions numbers: 23.6%; 38.2%; 50% and 61.8% which are the levels of market […]
Price Border Indicator
The Price Border Indicator for MT4 works in a similar manner to the Bollinger Bands indicator. That forex indicator plots a three-band price envelope that is able to identify potential swing high or swing low areas of the market. It is a suitable trading tool for both beginners and more advanced forex traders. How to […]
FL TMA Bands Indicator
The FL TMA Bands Indicator is an effective forex price channel indicator. When it comes to trading with that FL TMA Bands indicator, there is not much philosophy. As a general rule, sell trades occur at the touch of channel the upper band, and conversely, buy trades take place when the price reach the lower […]
Keltner Channel Indicator
The Keltner Channel Indicator for MT4 is one of the classic technical indicators. It has various applications, including recognition of the market trend, providing support and resistance during sideways conditions as well as detecting breakouts. It essentialy consists of the two bands (upper and lower) and the middle line which is calculated as a proportion […]