Category: Forex MT4 Indicators
CCI Histogram Indicator
The CCI Histogram Indicator for MT4 displays the readings provided by the Commodity Channel Index in the form of histo bars instead regular oscillator line. This approach allows for more friendly recognition of buy sell trends as well as overbought and oversold levels. Example chart: How to use the cci histogram mt4 indicator? Once you […]
TEMA Indicator
The TEMA Indicator for MT4 involves triple moving averages and aims to be the improved version that reduces lagging issues. Despite the tricky name, it displays just a single line on activity chart. Example chart: How is this tema indicator for mt4 better? The tema provides more responsive readings and acts faster to price fluctuactions. […]
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 […]
Fractals Arrows Alert Indicator
The Fractal Arrows Alert Indicator for MT4 provides short-term market bias and reveals potential reversal opportunities. These signals are presented in the form of buy/sell arrows: yellow arrows for bullish momentum red arrows for bearish momentum Please note you can get multiple signals in a row in the same direction. Due to fractals nature, which […]
MACD 4C Indicator
The MACD 4C Indicator for MetaTrader 4 platform is a tool created for forex traders that favor trend-momentum strategies. It informs users about recognized trends by showing four colors within colorful histogram bars. Let’s take a look how it differentiates from traditional MACD and how to apply in trading. The MACD 4C is based on […]
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 […]
