Category: Forex MT4 Indicators
Color OsMA Indicator
The Color OsMA Indicator for MT4 is based on the Oscillator of Moving Average, but this one shows colored histogram bars. It is rather a simple tool that comes in handy in the determination of markets trend momentum. How to understand the color osma readings? The Color OsMA Indicator should be rather treated as a […]
Woodies CCI Arrows Oscillator Indicator
The Woodies CCI Arrows Oscillator Indicator is a forex momentum tool that was originally developed by Ken Woods. As the name suggests, it’s based on a Commodity Channel Index (CCI) with a period set to 14. Due to its complexity, this gauge has multiple applications. One can utilize strategies like trading with the trend or […]
Chande’s Momentum Oscillator Indicator
The Chande’s Momentum Oscillator Indicator is a custom forex oscillator that was originally developed by Tushar Chande. As the name suggests, it is a technical indicator that attempts to capture the market’s momentum. As it is with all oscillators, a trader takes advantage of provided overbought/oversold levels. How to trade with the chandes momentum oscillator? […]
Forex Olympus Indicator
The Forex Olympus Indicator is a trend-following forex indicator that, in essence, works in a very similar way to the Half Trend Buy/Sell Indicator. Nonetheless, it is a very interesting gauge that provides solid and accurate trading signals. It works the best during strong market swings. Usage suggestions for forex olympus The Forex Olympus Indicator […]
Renko Boxes Chart Indicator
The Renko Boxes Chart Indicator for MT4 displays Renko Boxes directly on trading chart. It makes an analysis of the price movement and then draws boxes according to that movement. Trading with such Renko Boxes Chart helps in getting a clear picture of the market and reducing unwanted market noise. How to apply renko boxes […]
Momentum Divergence Indicator
The Momentum Divergence Indicator for MT4 automatically recognizes divergences between price and momentum indicator. It draws two lines: classic divergence takes place when the lines are solid, while reversed divergence occurs with dotted lines. Additionally, it marks the potential entry points with buy/sell arrows. How to use the momentum divergence in practice? The Momentum Divergence […]
Forex Thunderbolt Trading Indicator
The Forex Thunderbolt Trading Indicator is actually a set of indicators, therefore you can consider it as a complete forex strategy. Using it is not very complicated. It simply displays buy/sell arrows with two profit targets and stop loss level. All you need to do is trading accordingly. Forex thunderbolt trading modes There are three […]
Linear Regression Slope Indicator
The Linear Regression Slope Indicator for MT4 is, as the name suggests, an forex indicator that plots the slope of the linear regression channel. You can use it mainly for the determination of the market trend strength. The higher value of the Linear Regression Slope, the stronger trend-momentum takes place. Trading approaches with the linear […]
Kwan NRP Indicator
The Kwan NRP Indicator is a custom forex oscillator. It is a non repaint indicator. It consists of one main signal line that takes blue color when trend-momentum is bullish, and red when it is considered bearish. How to trade with kwan nrp? The Kwan NRP Indicator should be rather treated as a supplement to […]
Forex Pro Shadow Indicator
The Forex Pro Shadow Indicator recognizes tops and bottoms of the market, therefore you can successfully use it for swing trading. You can call it a “smiley” indicator as it provides trading signals with “face” marks. Both beginners and advanced forex traders can try that Forex Pro Shadow Indicator. Trading with the forex pro shadow […]
