Category: Forex MT4 Indicators
MBFX Timing Indicator
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 […]
Automatic Trendline Indicator
The Automatic Trendline Indicator for MetaTrader 4 puts the trendlines on the trading chart in an automatic way. With the help of this tool you don’t need to bother with drawing the trendlines manually every single day. Everything is done with a single mouse click. These trendlines show future support and resistance lines, so you […]
BBhisto Indicator
The BBhisto Indicator for MT4 is responsible for displaying standard deviation of bollinger bands in the form of histogram bars. There are also blue and pink dots that shows whether the readings are positive (above 0) or negative (below 0). As a rule of thumb, consider only long trades during positive signals and only shorts […]
BBsqueeze Indicator MT4
The BBsqueeze Indicator for MT4 is based on Bollinger Bands and helps to understand markets trends, price directions and whether there are flat/sideways conditions. Example chart: How to use the BBsqueeze Indicator for MT4? The BBsqueeze Indicator displays histogram colorful bars: green for bullish and red for bearish. It also shows a zero line using […]
ACD PV Indicator
The ACD PV Indicator for MT4 falls into family of pivots providers, but it has a twist. Namely, it plotts the signals only either above or below candlesticks. In the result, it provides two important trading information: market direction and support/resistance levels. When bars are below pivots it means an ongoing downtrend and when price […]
DJ Lines Indicator
The DJ Lines Indicator for MT4 takes price data from previous day in order to display pivots for the current day. This one in particular provides three bands, starting with the tightest: red, yellow and green. These bands act like support and resistance levels and best approach is to use them that in that way. […]
Solar Wind Indicator
The Solar Wind Indicator for MT4 is responsible for displaying green and red histo bars reflecting ongoing market trends. Behind the scenes, it involves the calculations of the fisher transform. These readings helps forex traders to understand market direction and strength of movement when deciding on a trade. Example charts: Trading signals of the solar […]
