Category: Forex MT4 Indicators
Super Forex Launcher Indicator
The Super Forex Launcher indicator actually is a set of indicators that utilizes slope channel trading. First, it recognizes the overall trend, and then the indicator takes into account the slope of the channel. Together it generates trading signals that go as follows: A buy signal happens when the general trend is bullish and the […]
CMO Smoothed Indicator
The CMO Smoothed indicator is based on Chande Momentum Oscillator but it uses smoothed price for its formula calculations. It is an oscillator so the signal line moves between overbought (50) and oversold (-50) levels. Usually, when the price is overbought – you should be looking for sell opportunities. Similarly, when the price is oversold […]
MT4 Dollar Pile Indicator
The Dollar Pile Indicator for MT4 recognizes trend direction in the present and past periods of time. Example chart: How to use the MT4 Dollar Pile Indicator? The signals are represented in the form of bricks – red color means bearish trend and green means bullish trend. The moment it switches color is a good […]
Adaptive Renko Indicator
The Adaptive Renko indicator utilizes trend recognition along with the trailing stops. It can even be your all-in-one trend riding trading tool. That tool consists of two elements: small dotted lines and two bold red/green solid lines. The dotted lines work as upper and lower bands of the channel, and the solid lines are support/resistance […]
FX Pip Power Indicator
Introduction to the FX Pip Power Forex Indicator The FX Pip Power Forex indicator works in a similar manner to the Moving Average Convergence Divergence (MACD) gauge. It measures the strength and direction of the market trend. When the bars are green and above the 0 level, you should be looking for buy opportunities. Similarly, […]
Laguerre Histogram Indicator
The Laguerre Histogram indicator, as the name suggests, displays Laguerre Oscillator signals in a form of the histogram bars, but also in an unusual way. These histogram bars are plotted into some kind of channel. Generally speaking, green bars represent an oversold market state and opportunity for a long trade (buy). Similarly, red bars represent […]
True Fractals Bands MTF Indicator
The True Fractals Bands MTF Indicator implements a dynamic trading channel with additional fractals displayed. This is a multi-timeframe forex indicator. For example, you can trade the M15 chart while using H4 TF for the indicator.
Bollinger Toucher AA Indicator
The Bollinger Toucher AA Indicator shows arrows when the price touches the upper/lower Bollinger Band. This is a very handy tool for forex traders using a range trading strategies. During a sideways market, the price tends to move from one band to the other.
Ehlers Histogram Oscillator Indicator
The Ehlers Histogram Oscillator indicator, as the name suggests, shows Ehlers signals in the form of histogram bars. These signals are really easy to read: simply the blue bars mean opportunities for buy trades, and the red bars mean opportunities for sell trades. The EHO can work as a filter for trade entries and exits.
High Way Channel Indicator
The High Way Channel indicator draws a trading channel that automatically adjusts to the market moves. You should be looking for sell trades at the upper band (dark red color) and similarly, you should be looking for buy trades at the lower band (dark red color).
