Category: Trend Indicators
Instrend Indicator
The Instrend Indicator is a custom forex trading indicator. It works on two simple lines and their crossovers are signals for trades. Blue line crossing below the red line reflects a bearish trend. On the contrary, the blue line crossing above the red line reflects a bullish trend. We suggest to use it as a […]
iAnchMom Indicator
The iAnchMom indicator for MT4 comes in handy in recognizing overall market direction and for the calculations it uses SMA and MOM. It displays histogram bars and visually it is simialar the MACD. The readings above 0 level corresponds to bullish trend, and similarly, readings below 0 level suggest bearish trend. It’s best use case […]
Raghee Vague Indicator
The Raghee Vague Indicator for MT4 displays several moving averages – three 34 period EMAs and one 200 period SMA. Simply look for buy trades when the 3 EMAs are above the 200 SMA. Similarly, look for sell trades the 3 EMAs are below the 200 SMA. Example chart:
Holt Double Exponential Smoothing Indicator
The Holt Double Exponential Smoothing Indicator for MT4 is responsible for detecting market momentum. It is mainly used for forecasting, not as an average. The forecasting method usually used with it is a sort of linear forecasting. Simply look for buy trades when the signal line is green color, and similarly, look for sell trades […]
FATL PlusBack Indicator
The FATL PlusBack Indicator for MT4 simply consists of the four moving averages. When it comes to trading rules with it, just look for buy trades when the orange and green lines are above the red line. Similarly, look for sell trades when the orange and green lines are below the red line. Example chart:
UF2018 Indicator
The UF2018 Indicator for MT4 is typically used for determination of general market’s trend. The readings are quite basic, as it just displays orange and blue bars. The orange bars reflect a bearish trend, and similarly, the blue bars reflect a bullish trend. It should be used rather as a filter than a standalone signal […]
Candle Direction Indicator
The Candle Direction Indicator for MT4 provides information for each time frame whether current bar is bullish, bearish or neutral. In the top left corner of the chart there are red, green or white squares tagged with corresponding tf. This data allows traders to see bigger picture and to understand what is going on with […]
Price EMAs Indicator
The Price EMAs Indicator for MT4 displays the distance between the open price and 3 different periods exponential moving averages (EMAs) in pips. The default periods of MAs are 10, 50, and 200. The general idea behind that gauge is to define market trends and the formula is pretty simple. When the green MA is […]
Dadas True Trend Indicator
The Dadas True Trend Indicator is a trend momentum forex trading tool. It fits all kinds of timeframes and currency pairs. By default, it will work perfectly at lower timeframes like M1 or M5. If you want to trade at higher timeframes, change the “TF” option in the settings tab. For example, set it to […]
AA+ Indicator
The AA+ Indicator for MT4 consists of two elements: orange/green bars and arrows. These signals mean a start of a bearish and bullish trend respectively. Example chart: How to use the AA+ Indicator for MT4? Once the AA+ Indicator is activated, the colorful bars can be seen in a separate window. However, buy/sell arows are […]
