Category: Oscillator Indicators
DPO Indicator
The DPO Indicator for MT4 analyzes short-term price fluctuactions, excluding the wider trend perspective. This is done on purpose, as this approach allows to extract brief intervals in order to better point the overbought and oversold levels. The abbreviation means Detrended Price Oscillator and that name describes the concept pretty well. Example chart: How to […]
Dynamic Zone Stochastic Indicator
The Dynamic Zone Stochastic Indicator for MT4 is an unqiue variation, because it displays oscillator within a colored channel. There are not many similar gauges that use this appraoch, so can be considered pretty special. But what about the performance since that aspect is most important. Let’s find out. Anatomy of the dynamic zone stochastic […]
Zero Lag MACD Indicator
The Zero Lag MACD Indicator for MetaTrader 4 is an interesting oscillator with no delay in provided signals. It’s best used for quick trend reversals in intraday trading as well as larger market swings when applied to higher timeframes charts. Its main advantage is minimal lag and it may be considered a golden mean between […]
Full Stochastic Indicator
The Full Stochastic Indicator for MT4 is a trading tool that was created for identyfing potential short-term swing positions and providing signals based on bullish and bearish trend momentum. The concepts applied here rely on crossover of stochastic lines and overbought/oversold market conditions. We can say it’s an enhacement of similar oscillators and let’s see […]
Rate Of Change Indicator
The Rate Of Change Indicator MT4 is a momentum-based technical tool that traders use in the process of technical analysis. Specifically, it measures the percentage change in price between a specific price level in the past and the current price of a currency pair. The rate of change forex indicator is a useful tool for […]
Ahoora Oscillator Indicator
The Ahoora Oscillator Indicator MT4 shows a signal line that changes color between red and green, indicating the direction of the trend-momentum. Let’s see if it’s worth giving a try. Introducing the Ahoora Oscillator Indicator Example charts This is how it looks upon activation. Formula It uses two extreme values, 0 and 100, to determine […]
CCI Divergence Arrows Indicator
The CCI Divergence Arrows Indicator for MT4 is a forex technical indicator that provides buy/sell arrows signals based on divergences between the price and Commodity Channel Index and it’s available to free download. These signals are a great base for trend-reversal trades. Tired of trying to spot these divergences manually? That gauge can be your […]
Trend Direction Force Index Indicator
The Trend Direction Force Index Indicator for MT4 in essence is a forex oscillator fluctuating between -1 and + 1 absolute levels – what’s more, it’s available to free download. The indicator’s formula uses a combination of price movement and volume to evaluate the force behind these price movements and to recognize potential changes in […]
T3 RSI Indicator
The T3 RSI Indicator for MT4 provides crossover trend signals based on the intersection of T3 and the Relative Strength Index. Free download. Many forex traders find it a perfect technical analysis tool as it uses a smoothed moving average (T3) for trend direction and an oscillator (RSI) to recognize oversold and overbought price states. […]
Stochastic Momentum Index (SMI) Indicator
The Stochastic Momentum Index Indicator is a technical analysis gauge that analyzes price momentum. Its calculations are based on the closing price relative to the median range (high-low) of the currency pair price over a specified period. The SMI indicator is considered an improved version of the standard Stochastic Oscillator. Closer look on the Stochastic […]