Category: Trend Indicators
Trend Direction V2 Indicator
The Trend Direction V2 Indicator for MT4 performs an analysis in order to define the predominating market trend. Behind the scenes, it calculates past and current price data to provide real direction. These readings are presented in the form of histogram bars, which are clean and very user-friendly. The below screenshot shows the indicator in […]
Trend Bands Indicator
The Trend Bands Indicator for MT4 plotts two bands and a moving average in the middle. Their main goal is tracking market trends and price volatility changes. They act as good support or resistance levels, so when the price touches them, you can expect high-probability reactions. These areas are trade entry opportunities. It should look […]
Color MA Indicator
The Color MA Indicator for MT4 can be considered a simple trend gauge showing market’s direction together with entry and exit signals through a colored line. Surprisingly, it has pretty impressive backtest record showing improved success rate when compared to similar tools. Let’s take a further look at it. Analysis of the color ma Essentially, […]
4 MA Strength Indicator
The 4 MA Strength Indicator for MetaTrader 4 generates buy and sell trading signals using, as its name suggests, a set of four moving averages. This indicator analyzes the price chart to determine both the direction and power of the ongoing trend. When it’s applied to the chart, it displays a histogram of colored bars. […]
Gann Trend Oscillator MTF Indicator
The Gann Trend Oscillator MTF Indicator for MT4 is based on the famous gann trading methodology, but it simplifies the whole complex formula into clean signals. Essentially, it just provides traders colorized histogram bars that corresponds with trend direction in the martket. In other words, the idea here is to trade only with the current […]
TopTrend Indicator
The TopTrend Indicator for MT4 was designed for breakout and trend-following trading strategies. It’s exceptionally goood at identyfing market reversals. What’s more, it displays dynamic lines and at the same time provides clear entry and exit levels. It sounds very appealing, but can this be really trusted? Let’s see how solid it can be in […]
Phoenix Indicator
The Phoenix Indicator for MT4 is a unique forex trading tool that combines several gauges like Simple Moving Average (SMA), Envelopes, and Oscillator of Moving Average (OSMA). This mix allows for effective identification of potential reversal zones. What’s more, these signals comes in the form of a buy/sell arrows. Let’s check how reliable it can […]
Easy Trend Visualizer Indicator
The Easy Trend Visualizer Indicator for MT4 is designed to display beginnings and endings of trends, as well as setups when there is no clear trend (sideways market). The calculations of the provided signals are based on the ADX (Average Direction Movement Index). Let’s see if it’s worth further attention. How to take advantage of […]
Xmaster Formula Indicator MT4: Ultimate Guide
Introducing the Xmaster Formula Indicator MT4, an exceptional forex trading tool that generates highly effective buy and sell signals. This unique tool is specifically designed for use on the MetaTrader 4 platform, offering unparalleled performance. While there are Xmaster versions available for both MT4 and MT5, our focus in this article will be solely on […]
3 MA Cross with Alert MTF Indicator
The 3 MA Cross with Alert MTF Indicator for MT4 is, as the name suggests, a system based on intersections of three moving averages. It helps to accurately recognize trend direction. Additionally, a buy/sell arrows are placed on the charts signaling a bullish or bearish change. Let’s have a look if this is a good […]