Category: Forex MT4 Indicators
Absolute Strength Histogram Indicator
The Absolute Strength Histogram Indicator for MT4 is a trend-following forex gauge providing, as the name suggests, information on the strength of a trend. With help of that histogram, a forex trader quickly knows who has control over the market for the present moment and in the past. How to apply the Absolute Strength Histogram […]
SSL Channel Chart Alert Indicator MT4
The SSL Channel Chart Alert Indicator for MT4 is built on moving averages using the Semaphore Signal Level concept. It gives clear visual buy and sell signals based on the crossover of two lines, making it a solid fit for trend-trading strategies. What makes this tool useful is that it handles both entry and exit. […]
MTF Heiken Ashi Indicator
The MTF Heiken Ashi Indicator for MT4 displays ha candles in a seperate window placed below the main trading chart. What’s more, it allows to preview action on various timeframes and users can pick one in the settings tab. This allows to understand trends better and to see the bigger picture of market situation. Example […]
Knoxville Divergence Indicator
The Knoxville Divergence Indicator for MT4 scans charts in order to recognize and plot reversal signals. While these signals occur relatively rarely, they can be very powerful when they appear. In terms of visual display, this just a short trendline connecting two points being tops or bottoms of price for some period. Example chart: Explaining […]
Candle Time End And Spread Indicator
The Candle Time End And Spread Indicator for MT4 shows exactly what its name suggests, namely current candle end time and current spread. It’s very helpful for forex traders taking into account time and/or proper spread conditions. The information is displayed in the right bottom corner of the chart. Take a look how the chart […]
NDuet Indicator MT4
The NDuet Indicator for MT4 is a simple trend gauge that is based on crossover between two lines. Example chart: How to use the NDuet Indicator for MT4? Esentially, the NDuet indicator consists of green and red moving averages and blue arrows which validate the signals. Bullish setup takes place when the red ma is […]
MBFX Timing Indicator MT4
The MBFX Timing Indicator for MT4 works in a simillar manner to oscillator, however it’s designed to provide reliable entries and exits points in the first place. As the name suggests, it tries to time the market – and we must admit – it does it pretty well. Example chart: Understanding the readings of the […]
RSI Divergence Indicator
The RSI Divergence Indicator for MT4 is responsible for showing a divergence between the price and the Relative Strength Indicator. You can see it as yellow and red lines. The classical RSI indicator is an oscillator that signals the two extremes of the market: oversold and overbought levels. Using the classic 14-period RSI, the sell […]
Fractal Support and Resistance Levels Indicator
The Fractal Support and Resistance Levels Indicator for MT4 defines areas of strong support and resistance barriers. They can be used in reveresal trading as well as in breakout opportunities. As the name suggests, it’s also based on fractals, which means that provided signals are based on high low prices of various periods. When used […]
Currency Strength Meter Indicator for MT4
The Currency Strength Meter Indicator is a great tool for traders who wants to quickly check the strength of various currency pairs. With a glance of the eye you will know the strongest and weakest forex currencies at the moment. You can also use it in arbitrage trading. All in all, it will be a […]
