Introduction to the Keltner Channel Indicator The Keltner Channel indicator is a classical forex trading technical indicator. It was originally introduced by Chester W. Keltner in 1960 in his book “How To Make Money in Commodities”. The core of that indicator are two bands above and below the middle moving average, the width of which…
Category: Forex MT4 Indicators
Daily Pivot Points Indicator
Introduction to the Daily Pivot Points Indicator The Daily Pivot Points Indicator draws horizontal lines that act as daily pivot levels R3, R2, R1, Pivot, S1, S2 & S3. These values of the Daily Pivot Points Indicator are calculated on a custom formula of an average of significant prices (high, low, close) of the previous…
Kaufman3 Indicator
Kaufman 3 indicator draws two lines on chart: white and pink. Kaufman V3 determinates direction of the trend (trend is your friend, right?): when white line is above pink line we have a uptrend, when white line is below pink line we have a downtrend. It’s easy as it is. At first glance it may…
Forex Speedometer – scalping indicator
Forex Speedometer indicator is designed for trader who don’t want to wait long hours for proper market setup. It was made for traders that want to jump in and trade for profit immediately. This indicator will automatically draw oversold and overbought zones – below you can find instructions how to use forex speedometer: Rules for…
Zig Zag Larsen Arrows Indicator
Introduction to the Zig Zag Larsen Arrows Indicator The Zig Zag Larsen Arrows indicator is, as the name suggests, a simple buy/sell arrows forex indicator. By default, the Zig Zag Larsen Arrows indicator provides large amount of signals. That noise is too much, but fortunetely a trader can reduce that noise a make that forex…
Ahoora Trend Indicator
Introduction to the Ahoora Trend Indicator The Ahoora Trend indicator is a combination of three main trend metatrader 4 indicators and it was originally created by Farshad Saremifar. A combination of the Exponential Moving Average, Relative Strength Index and Average True Range generates powerful, easy to read, and precise trading signals. Related: Fiji Trend Indicator…
iMACol Indicator
Introduction to the iMACol Indicator The iMACol indicator is a simple trend following forex indicator, that works great in the trending market. Basically, it is a moving average that changes color depending on a current buy/sell signal. I recommend using it on larger timeframes because usually, they tend to show less noise. Trading with the…
