Category: Scalping Indicators
V-T&B Indicator
The V-T&B Indicator for MT4 analyzes candlesticks wicks and marks ones that are meeting certain criteria customizable in the settings tab. It also finds short-term tops and bottoms. The buy/sell arrows displayed on the chart should be rather considered as a hint than a direct trading signal. It’s best to use within a strategy involving […]
Scalper Dream Indicator
The Scalper Dream Indicator is a all-in-one forex trading gauge. It recognizes trend direction, measures trend strength and displays momentum histogram bars. Most of these essential data is provided in the top left part of the chart, however histogram is displayed below it. How does it work? How to apply in trading? Buy Entry: Open […]
AFStar Indicator
The AFStar Indicator for MetaTrader 4 is essentially a buy/sell arrows gauge. It could be a good supplement to your trading system and confirmation of trade entry points and exit points. You can use this tool as a short-term swing levels recognizer. Further testing proved that it may slightly repaint past bars, but not much, […]
Hanafy5 MTF Indicator
The Hanafy5 MTF Indicator is based on the Relative Strength Index (RSI) and it displays buy/sell arrows on the chart. As the name suggests, it is an multi time frame indicator, so you can use a different than the current time frame for signals to display. This forex gauge generates a lot of signals, thus […]
Binary Code Scalping Indicator
The Binary Code Indicator for MT4 provides simple readings of buy and sell signals. It consists of continuous series of zeros and ones plus corresponding arrows plotted at the switch between bullish and bearish scenario. When it comes to the trading rules, the basic approach is to buy when there is an upside arrow and […]
Forex Space Indicator
The Forex Space Indicator for MT4 is a proposition for scalpers, as this tool provides buy/sell arrows as signals. It was designed to take advantage of the short-term price movements. There are a lot of potential triggers, but not all should be taken. The standalone performance is not that great, however it can be improved […]
Beginner Indicator
The Beginner Indicator for MT4 displays blue and red dots as trading signals. These dots are placed below or above candles, which is the result of detecting local tops and bottoms. Behind the scenes, it analyzes the maximum and minimum of a certain period and then compares them to the range in which a currency […]
ADX Buy Sell Indicator
The ADX Buy Sell Indicator provides signals based on the Average Directional Index (ADX) – a well-known name among the top-rated forex indicators. These signals are presented in the form of arrows. A blue upward arrow below a candle suggests the buy signal and a red downward arrow above a candle is considered as the […]
3 MA Buy Sell Indicator
The 3 MA Buy Sell Indicator for MT4 displays trading arrows based on crossovers between three moving averages. Default periods are 5, 20 and 34 which are customizable in the settings tab. Depending on needs one can get more sensitive and frequent singals or more smoothed and less noised. This tool is simple but reliable […]
Fractal Zigzag No Repaint Indicator
The Fractal Zigzag No Repaint Indicator for MT4 displays buy and sell arrows as trading signals. The most important feature is that it’s truly no repaint – so it never repaints its past readings and therefore is useful to learn the real behavior of the fractal-based zigzag in real market conditions. Nonetheless, it provides quite […]
