Category: Forex MT4 Indicators

SF-6 (AM) Indicator

The SF-6 (AM) Indicator for MT4 is responsible for displaying so-called “weak” bars. The trend direction is determined by thick bars color and the possible rollback when thin bars occur. In the eyes of beginners, provided readings may like somewhat noisy. Example chart:

ABL Indicator

The ABL Indicator for MT4 was designed to project potential price ranges using probability-based methods. In other words, it takes a mathematical approach to estimating where price is likely to move. Example chart: How to use the ABL Indicator? The ABL indicator looks at past days and identifies key price points, specifically the extremes. It […]

Z1 Indicator

The Z1 Indicator for MT4 provides blue dots on the price chart. These dots act a spots for potential short-term reversals. This tool is also good choice for scalpers. Example chart: How to use the Z1 Indicator? Once the fresh dot appears, traders should wait for current candle to close. This is to make sure […]

ZZ NRP AA Indicator

The ZZ NRP AA Indicator for MT4 serves as a valuable technical analysis instrument utilized within the forex market for detecting trend reversals. This indicator integrates several technical indicators to produce discretionary buy and sell signals. As the name implies, it incorporates the Zig Zag feature. Understaning the ZZ NRP AA Indicator The ZZ NRP […]

WMI for V3 Indicator

The WMI for V3 Indicator for MT4 is responsible for making projections regarding upcoming price movements. Yes, you can preview the exact candlesticks likely to occur in the nearest future. What’s more, it also provides take profit targets – you can see the signal and values in the top right corner of the screen. Example […]

HMA Smoothed Indicator

The HMA Smoothed Indicator for MT4 is an improved version of the normal Hull Moving Average. That gauge displays buy and sell histogram bars – green bars for buy and orange bars for sell. It’s designed to provide clean and accurate bullish and bearish readings. Example charts Check charts showing it in action. Settings These […]

RSO Indicator

The RSO Indicator for MT4 is based on Relative Strength Oscillator. In other words, the RSO is a variation of the standard forex RSI indicator. The difference between them is that RSO presents its signals in the form of an oscillator line plus histogram bars. Explaining the RSO The Relative Strength Oscillator (RSO) is a […]

Fan RSI Indicator

The Fan RSI Indicator for MT4 falls into the category of trend momentum oscillators. In essence, it plots multiple Relative Strength Index lines within a single chart. It comes in handy if a trader wants to recognize trends early on and therefore benefit from trading first pullbacks of these emerging trends. Let’s deep dive into […]

RSI MA Indicator

The RSI MA Indicator for MT4 is a unique combination of (what a surprise) the Relative Strength Index and the Moving Average, however it acts typically as oscillator. That gauge usually takes only two values: zero and one. When the red signal line indicates 0 value, is means a bearish trend. Similarly, when the red […]

CCI MA X2 Smoothed MTF Indicator

The CCI MA X2 Smoothed MTF Indicator for MT4 falls into trend-following category of gauges. It consists of four moving averages that together create a channel (two MAs per band). When the white lines are aligned above the green lines, the trend is considered bullish. Similarly, when the white lines are aligned below the green […]