Category: Momentum Indicators

DAT ASB Indicator

The DAT ASB Indicator for MT4 is responsible for colorizing bars depending on the momentum and market direction. Green candles are bullish candles and red candles are bearish candles. To simplify, one can potentially look for buy trades when the candles are green. Similarly, one can potentially look for sell trades when the candles are […]

Cristal Ball Signal Indicator

The Cristal Ball Signal Indicator for MT4 is a forex trading tool that colorizes candlesticks to dark blue and dark green. These colors reflect market trends. While there are blue candles look for buying trade opportunities. Similarly, when there are red candles look for selling trade opportunities. Example chart:

Forecasting Indicator

The Forecasting Indicator for MT4 tries to predict market moves in the nearest future. On the right side of your chart, you will notice the pinkish line that reflects the next potential price movement. Of course, it’s not a crystal ball, so don’t follow provided signals blindly. Rather use it together with other technical analysis […]

Babon Histogram Indicator

The Babon Histogram Indicator for MT4 displays bars corresponding to the short-term market trends. Both size and colors of the readings have a meaning. When bars are colored blue – it means that the current trend momentum is considered bullish. On the other side, when bars are colored red – it means that the current […]

Trend Direction & Force Index Averages Indicator

The Trend Direction & Force Index Averages Indicator for MT4 helps to understand the trend momentum. For most of the time the readings stay in the neutral zone near 0 level and signal line is gray. When it recognizes some significant movement, the signal line leans out to the upside for bullish and to the […]

Aroon Indicator

The Aroon Indicator for MT4 comes in handy for reading short-term trends. Watch as the “Up Line” (Default color: Yellow) reaches 100 level (or near) – that means an uptrend takes place. Watch for the “Down Line” (Default color: Dodger Blue) reaches 100 level (or near) – that means a downtrend occurs. The Aroon Indicator […]

HMA Histogram MTF Indicator

The HMA Histogram MTF Indicator for MT4 is based on Hull Moving Average and comes in handy when a trader is looking for force level of the market momentum. That gauge also signals possible trend reversals and provides potential entry points and exit points of your trades. You shouldn’t have any problems understanding provided signals, […]

Momentum ATR Normalized Signal Indicator

The Momentum ATR Normalized Signal Indicator for MT4 operates as an oscillator and its signals are based on crossover two lines. Their specific alignment corresponds to either bullish or bearish trend. The displayed smoothed readings are calculated on average true range values. Example chart Once you activate it in your trading platform, you will see […]

Absolute Strength Histogram Indicator

The Absolute Strength Histogram Indicator for MT4 is a trend-following forex gauge providing, as the name suggests, information on the strength of a trend. With help of that histogram, a forex trader quickly knows who has control over the market for the present moment and in the past. How to apply the Absolute Strength Histogram […]

BBhisto Indicator

The BBhisto Indicator for MT4 is responsible for displaying standard deviation of bollinger bands in the form of histogram bars. There are also blue and pink dots that shows whether the readings are positive (above 0) or negative (below 0). As a rule of thumb, consider only long trades during positive signals and only shorts […]