Category: Forex MT4 Indicators
Precision Trend on Moving Averages Indicator MT4
The Precision Trend on Moving Averages Indicator for MT4 displays a single color-coded line on the price chart. It is based on moving average calculations but is designed to react more accurately to real trend changes. Example chart: How to use the Precision Trend on Moving Averages Indicator for MT4? The line turns green during […]
TSI MACD Indicator
The TSI MACD Indicator for MT4 is a combination of the TSI (True Strength Index) and MACD (Moving Average Convergence Divergence) technical indicators into one oscillator. The indicator oscillates between -110 and +110, while its signal baseline is on the zero level (a level that determines the market bias: above 0 bullish bias, below 0 […]
MA Parabolic ST2.2-1 Indicator
The MA Parabolic ST2.2-1 Indicator for MT4 is a combination of the Moving Average indicator and the Parabolic Sar indicator. When the Parabolic dots are below the MA, it means the current trend-momentum is bullish. Conversely, when the Parabolic dots are above the MA, it means the trend-momentum is bearish.
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 MT4
The SSL Indicator for MT4 is a good momentum-based tool that displays a dotted line moving around candlesticks. It recognizes shifts in market trends and generates accurate trading signals. The SSL abbrevation stands for Semaphore Signal Level. Example chart: How to use the SSL Indicator for MT4? The SSL Indicator plotts blue signal line that […]
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 […]
