Category: Forex MT4 Indicators
BT Trend Trigger Indicator
The BT Trend Trigger Indicator for MT4 serves as a helpful tool in detecting changing market trends. It can be considered a momentum gauge since these changes often happen very quickly. What’s more, forex traders looking to increase their success rate, may even use it as a confirmation for signals provided by other technical indicators. […]
Trend Direction V2 Indicator
The Trend Direction V2 Indicator for MT4 performs an analysis in order to define the predominating market trend. Behind the scenes, it calculates past and current price data to provide real direction. These readings are presented in the form of histogram bars, which are clean and very user-friendly. The below screenshot shows the indicator in […]
Trend Bands Indicator
The Trend Bands Indicator for MT4 plotts two bands and a moving average in the middle. Their main goal is tracking market trends and price volatility changes. They act as good support or resistance levels, so when the price touches them, you can expect high-probability reactions. These areas are trade entry opportunities. It should look […]
Chandelier Exit Indicator
The Chandelier Exit Indicator for MT4 is based on a very specific principle. Namely, the opproach aplied here tells to stay in a trade until a clear shift in trend is evident. This way forex traders stay away from premature exits, and at the same time, they maximize potential profits. What’s more, it also provides […]
Breakout Zones Indicator
The Breakout Zones Indicator for MT4 draws support and resistance lines on the trading chart. These levels are determined by price fluctuations. The idea here is utilizing the breakout of the key zones instead of their rejections (which is typically the case). When it occurs, there are usually large swings, so potentially you can catch […]
Color MA Indicator
The Color MA Indicator for MT4 can be considered a simple trend gauge showing market’s direction together with entry and exit signals through a colored line. Surprisingly, it has pretty impressive backtest record showing improved success rate when compared to similar tools. Let’s take a further look at it. Analysis of the color ma Essentially, […]
4 MA Strength Indicator
The 4 MA Strength Indicator for MetaTrader 4 generates buy and sell trading signals using, as its name suggests, a set of four moving averages. This indicator analyzes the price chart to determine both the direction and power of the ongoing trend. When it’s applied to the chart, it displays a histogram of colored bars. […]
Breakout Box Indicator
The Breakout Box Indicator for MT4 was created to detect and mark important support and resistence levels directly on trading chart. It uses special formula to analyze price and once it recognizes that potential places, the tool draw boxes around these significant market areas. In other words, this gauge provides perfect opportunities for traders whos […]
1-2-3 Reversal Points Pattern Indicator
The 1-2-3 Reversal Points Pattern Indicator for MT4 is a nice tool created to find spots with high likelihood of short-term turnaround. Essentially, it’s based on Fibonacci numbers which are known for suprising effectivness in financial markets and other areas. Once a setup is in place, this gauge provides buy/sell arrows directly on chart. They […]
Gann Trend Oscillator MTF Indicator
The Gann Trend Oscillator MTF Indicator for MT4 is based on the famous gann trading methodology, but it simplifies the whole complex formula into clean signals. Essentially, it just provides traders colorized histogram bars that corresponds with trend direction in the martket. In other words, the idea here is to trade only with the current […]
