Category: Forex MT4 Indicators
All Divergence Indicator
The All Divergence Indicator for MT4 is all-in-one forex divergence recognition tool. It is capable of identifying many types of divergences including CCI, MACD, OBV, RSI, Stochastic, Momentum, and more. It is a really versatile trading tool that should take place in a collection of any trader utilizing divergence strategies.
SSL Indicator
The SSL Indicator for MT4 is a momentum-based trend-following tool that can be used in forex trading. That SLL abbreviation stands for Semaphore Signal Level. This indicator is particularly useful for identifying shifts in market trends and generating high-quality trading signals. Sounds interesting? Let’s take a closer look at it. Introducing the SSL Indicator The […]
Renko Scalp MS Alert Indicator
The Renko Scalp MS Alert Indicator for MT4 is, as the name suggests, a forex scalping indicator based on Renko Charts. In essence, it is a simple trading tool that displays signals in a form of blue, red, and orange bricks. Additionally, this forex indicator places blue and red horizontal lines directly on the activity […]
DayDeMarker Indicator
The DayDeMarker Indicator is a custom forex oscillator that works to identify potential overbought/oversold areas of the market. These areas offer good entry points for swing trades. That gauge uses a unique formula for its calculations, therefore works in a different manner than most oscillators. Anatomy of the DayDeMarker Indicator The DayDeMarker Indicator provides two […]
DMI ADX Histogram Oscillator Indicator
The DMI ADX Histogram Oscillator Indicator for MT4 is, as the name suggests, a combination of the Average Directional Index (ADX) and the Directional Movement Index (DMI). As you probably know, the ADX measures the trend strength of an asset, and DMI defines its market direction. In the result, the indicator provides complex information about […]
RSI HMA Min Max Levels MTF Indicator
The RSI HMA Min Max Levels MTF Indicator for MT4 is a unique forex trading tool based on the Relative Strength Index (RSI) and Hull Moving Average (HMA). It displays a signal line that moves within a channel. When the signal goes outside the channel bands and then reverse inside, it’s marked with a dot […]
Ultimate Oscillator Indicator
The Ultimate Oscillator Indicator for MT4 was developed by Larry Williams. That oscillator applies a weighted average of values of three stochastic indicators defined on short, medium, and long periods. The length of periods is usually in the correlation 1:2:4 (doubling) or 1:2:3 (multiplicity). Periods should be chosen according to the characteristics of a certain […]
Vidya Zone Multi Time Frame Indicator
The Vidya Zone Multi Time Frame Indicator for MT4 displays an trend-following channel based on the Variable Index Dynamic Average. It is also an multi time frame indicator, so you can choose the custom time frame for provided signals. When the price is above the blue band of the Vidya Zone Channel, the trend is […]
RSX RSI Bar Chart Indicator
The RSX RSI Bar Chart Indicator for MT4 displays custom bars calculated based on the Relative Strenght Index and the RSX indicator. Pay attention to the 20 and 80 levels, which are respectively oversold and overbought zones. When its bars falls below 20 level, the price will make a high-probability reversal. Similarly, the bars rises […]
Turn Area Forex Indicator
The Turn Area Forex Indicator for MT4 is a combination of Relative Strength (RSI) and Exponential Moving Average (EMA). The signals are represented in a form of the histogram bars that can reach overbought/oversold levels (20/-20 respectively). Due to the nature of its signals, that gauge can be considered as a reversal indicator. How does […]
