Category: Forex MT4 Indicators
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
Unstoppable Forex Profit Indicator
The Unstoppable Forex Profit indicator for MT4 provides buy/sell arrows as trading signals. It also draws small yellow squares as short term high/low points. In the top right corner of the chart, the Unstoppable Forex Profit indicator shows useful information like current signal (BUY or SELL label with an arrow displayed), current time, spread and […]
Forex Scalping Indicator
The Forex Scalping Indicator for MT4 is, as the name suggests, a scalping tool to generate quick profits from the forex market. As trading signals, the Forex Scalping indicator displays blue and red vertical rectangles. The occurrence of a blue rectangle indicates a sell signal. Similarly, the occurrence of a red rectangle indicates a buy […]
Forex Gunduro Angle Indicator
The Forex Gunduro Angle indicator shows exactly where and when you to enter a trade in the forex market. It is a versatile forex indicator as it can be used for scalping, day trading, or even swing trading. The Gunduro Angle forex indicator displays green/red lines with yellow dots. When the red line is aligned […]
Forex Trend V1 Indicator
The Forex Trend V1 Indicator for MT4 is a custom forex trend-following forex indicator. It applies a crossover of two custom lines to generate trading signals. These signals are pretty easy to follow. It works best during strong trends, and unfortunately, it tends to give noisy signals during sideways market conditions. However, the Forex Trend […]
RSI Indicator: Beginners Guide
What is the RSI indicator? The abbreviation RSI stands for a Relative Strength Index and it a well-known oscillator used in technical analysis. It is applicable in multiple markets, including forex, stocks, and cryptocurrencies. The RSI indicator shows the price momentum by comparing bullish and bearish movements of closing prices of a specific asset. The […]
