Category: Forex MT4 Indicators
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 MT4
The MACD 4C Indicator for MT4 is built for trend-momentum traders. It’s based on the standard MACD but displays signals as a four-color histogram instead of crossing lines, making trend direction and strength easier to read. How to use the MACD 4C Indicator for MetaTrader 4? Traditional MACD relies on two signal lines and their […]
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 MT4
The Trend Direction V2 Indicator for MT4 analyzes past and current price data to identify the dominant market trend, displaying the result as a clean, easy-to-read histogram. Example chart: How to use use Trend Direction V2 Indicator for MT4? The Trend Direction V2 Indicator uses a two-color histogram to show the market direction. Green bars […]
Trend Bands Indicator MT4
The Trend Bands Indicator for MT4 plots two bands with a moving average in the middle, tracking trend direction and volatility. The bands act as support and resistance, so when price touches them, you can expect a high-probability reaction. So these zones are good entry opportunities. Example chart: How to use the Trend Bands Indicator […]
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 […]
Color MA Indicator MT4
The Color MA Indicator for MT4 can be considered a simple trend gauge showing market’s direction together with entry and exit signals through a colored line. Surprisingly, it has pretty impressive backtest record showing high success rate when compared to similar indicators. How to use the color ma indicator for mt4? Essentially, this is a […]
4 MA Strength Indicator
The 4 MA Strength Indicator for MetaTrader 4 generates buy and sell trading signals using, as its name suggests, a set of four moving averages. This indicator analyzes the price chart to determine both the direction and power of the ongoing trend. When it’s applied to the chart, it displays a histogram of colored bars. […]
