Category: Momentum Indicators

Glitch Index Indicator

The Glitch Index indicator is a custom forex histogram indicator that shows the index of the price deviation from its average value. That gauge was first introduced in the February edition of Active Trader Magazine in the year 2004. Since then, it has continued to gain popularity and support within the MT5 traders community. These […]

RSI Divergence Candles Indicator

The RSI Divergence Candles Indicator for MT5 is a momentum oscillator that measures the speed and change of price movements. The signals are shown in the form of candles that are colored differently in a manner that gives traders plenty of information about market trends and their directions. The foundation for that indicator is the […]

MACD Color Candles Indicator

The MACD Color Candles Indicator for MT5 displays, as the name suggests, a colorized bars reflecting bullish and bearish momentum based on readings provided by the famous moving average convergence/divergence. The signals are pretty smooth, thus you can often spots multiple sequential candlesticks in given direction catching significant move and potential profit. Obviously, green ones […]

TVI Histogram Indicator

The TVI Histogram Indicator for MT4 is a variation of quite popular TVI (Tick Volume Indicator) which was originally introduced by William Blau. The regular one display signal in the form of a simple line, thus this version is designed for traders who prefer histogram style more. This gauge was developed with a goal to […]