Category: Forex MT4 Indicators
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 […]
Profitunity Bars Indicator
The Profitunity Bars indicator uses a custom formula to calculate trend momentum for each candlestick and colorizes these bars accordingly. When the candlesticks are colored green, it means that the current short time period trend is bullish. Similarly, when the candlesticks are colored red, it means that the current short time period trend is bearish. […]
Forex Tyrannosaurus Indicator
The Forex Tyrannosaurus Indicator for MT4 uses a custom formula to calculate trend momentum and depicts these values in the form of histogram bars colored into blue and red. It’s pretty straightforward to use the Forex Tyrannosaurus indicator, simply blue bars reflect a bullish trend, and red bars reflect a bearish trend. We think that […]
Candle Difference Indicator
The Candle Difference indicator displays the change in price as a percentage relative to the open price of the current candle. It can display up to 8 pairs on the chart. It allows choosing a candle time frame in the settings.
Star Profit Channel Indicator
The Star Profit Channel indicator for MT4 plots on the charts a dynamic price channel. That channel has three extensions for both upper and lower bands. You can use these bands of Star Profit Channel to find your market entry points. Obviously, look for buy trade opportunities when the price hits lower bands, and similarly, […]
Pattern Recognition Master Indicator
The Pattern Recognition Master indicator for MT4 helps to identify candlestick patterns occurring on the live charts. It simply marks the candlesticks on the chart with the names of the corresponding patterns (like the Doji or Shooting Star) where applicable. In the top left corner of the chart, you will find the list of all […]
Trend Profit Signals Indicator
The Trend Profit Signals Indicator for MT4 is a perfect choice for trend traders. It’s capable to identify the start and end of trends accurately, and and the same time, to provide clear entry and exit points. What’s more, the signals it generates are non-repeating. Its good performance translates into solid profitability. Example chart: How […]
Forex Price Degrees with Trend Alerts Indicator
The Forex Price Degrees with Trend Alerts indicator writes value degrees of the lastest position of the price at the current timeframe. Depending on the daily price movement, and when position and condition of trend status was changed, that forex indicator will give an alerts. If the theory of degrees is applied to the forex […]
