Category: Pattern Indicators
ZUP V76 Forex Indicator
The ZUP V76 Forex Indicator is harmonic patterns recognition tool. It is capable of detecting the following patterns: Gartley, Bat, Butterfly, 3 Drives, AB=CD, and 5-0. I’m sure a forex trader that is familiar with harmonic pattern trading will find this indicator very useful. Example Charts of the ZUP V76 Forex Indicator Classic Bat Pattern […]
CCI T3 Divergence Indicator
The CCI T3 Divergence Indicator is based on Commodity Channel Index (CCI) and Triple MA (T3). That indicator automatically recognizes hidden and classical divergences. When a bullish one is spotted, the indicator draws green lines and a green upward arrow. Conversely, when a bearish divergence is recognized, the indicator draws red lines and a red […]
Renko Shade Indicator
The Renko Shade Forex Indicator draws Renko Bricks directly on the main activity chart along with standard forex Japanese Candlesticks. Renko Bars are based on price movement, while Japanese Candles are based on time intervals. When both are loaded on the same chart, you can see how they correspond to each other with a naked […]
All Divergence Indicator
The All Divergence Indicator for MT4 is all-in-one forex divergence recognition tool. It is capable of identifying many types of divergences including CCI, MACD, OBV, RSI, Stochastic, Momentum, and more. It is a really versatile trading tool that should take place in a collection of any trader utilizing divergence strategies.
Renko Charts Indicator
The Renko Chart was originally developed by Steve Nison and first introduced to the world in his book “Beyond Candlesticks”. What actually is a Renko Chart? Simply speaking, it is a type of price charting. I am sure you know about the Japanese Candlestick Charts, Bar Charts, Line Charts. The Renko Chart is also very […]
Engulfing Candle Indicator
The Engulfing Candle Indicator for MT4 is a forex technical analysis tool that comes in handy when you need engulfing bars recognized automatically. It simply relieves the hassle of looking for engulfing candlesticks and picking them manually. There are two types of engulfing patterns – the bullish and bearish engulfing. That forex indicator is capable […]
Pattern Recognition Master Indicator
The Pattern Recognition Master indicator for MT4 helps to identify candlestick patterns occurring on the live charts. It simply marks the candlesticks on the chart with the names of the corresponding patterns (like the Doji or Shooting Star) where applicable. In the top left corner of the chart, you will find the list of all […]
RSI FWA Divergence Indicator
The RSI FWA Divergence indicator for MT4 scans and displays divergences between price and the RSI indicator. That gauge is capable of recognizing both bullish and bearish divergences. You can successfully utilize low-risk trend reversal trading in both bullish and bearish markets. How does it work? How to apply in trading? Signals provided by the […]
FX5 MACD Divergence Indicator
The FX5 MACD Divergence indicator draws divergence lines on the MACD indicator and will give buy and sell signals by displaying green and red arrows. It also has a built-in alert function. As the original indicator, bullish divergence is plotted in green lines while bearish divergence is plotted in red. If the divergence is classic […]
RSI Divergence Alert Indicator
The RSI Divergence Alert Indicator is a custom variation of the Relative Strength Index indicator (RSI) that provides alerts when buy/sell signals occur. As the name suggests, these signals are based on the divergences between price and RSI indicator.