Category: Forex MT4 Indicators
Stochastic RSI Indicator
The Stochastic RSI Indicator (Stoch RSI) was developed to increase the sensitivity and reliability of the regular RSI indicator when it comes to trading off overbought/oversold RSI levels. In other words, it is used in forex technical analysis to provide a stochastic calculation to the RSI indicator. Of course, it is an oscillator and it […]
HMA Trend Indicator
The HMA Trend Indicator for MT4 is, as the name suggests, a trend forex indicator based on the Hull Moving Average with two periods. A combination of two types of Hull Moving Averages makes better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the […]
Linear Regression Indicator
The Linear Regression Indicator for MT4 plots a highly sensitive moving average line that quickly responds to price action shifts and movements. The traditional moving averages tend to be lagging and produce late trading signals. That’s why the Linear Regression comes in handy for many forex traders. It uses better calculations, creating a formula that […]
VWAP Indicator
The VWAP indicator is actually the Volume Weighted Average Price indicator for the forex market and it shows the average true price of a currency pair, weighted by volume. If you are a beginner trader and the above description doesn’t tell you much – don’t worry, we will explain it further in that article. The […]
MPC Indicator
The MPC indicator is based on the channel breakout. The basic ruled that applies here is the following – the long position is opened when the price shows new X days maximum, and the short position is opened when the price forms new X day minimum. It allows forecasting the trend direction. But there is […]
Donchian Channel with EMA Indicator
The Donchian Channel with EMA for MT4 is a trend-following indicator containing, as the name suggests, Donchian Channel and Exponential Moving Average. The bands of the Donchian Channel can be used to identify the trend, breakout, and volatility of the market and are calculated on high and low of the past market data. It works […]
CAM Indicator for Trends and Counter Trends
The CAM Indicator for Trends and Counter Trends overlaps colorful candlestick on the main trading chart. Green bars represent a bullish trend, red bars represent a bearish trend, blue and yellow bars shows trend change or market indecision. See also: DDFX Major Trend Indicator MACD Candles V3 Indicator
Camarilla Pivot Points Indicator
The Camarilla Pivot Points indicator for MT4 provides important market levels working as entry points or reversal turning points. The Camarilla Pivot Points indicator is a modification of the classic Pivot Point and it was introduced by Nick Scott in 1989. There are 6 main lines: H5 LB Target, H4 Long Breakout, H3 Short, L3 […]
Dolly Indicator
The Dolly indicator is a pretty complex forex indicator providing entry points and profit targets. On the left side of the chart, you will see trade analysis including Buy Area and Sell Area details, plus today’s support and resistance levels. The profit targets of the Dolly forex indicator are pretty tight, but when taking a […]
Alternative Ichimoku Indiactor
The Alternative Ichimoku indicator is a variation of the standard Ichimoku Kinko Kyo indicator. The same trading rules as with standard Ichimoku apply here too. Check also: 100% Accurate Forex Indicator Auto Trendline MT4 Spread Indicator Free Download
