Category: Oscillator Indicators
Entropy Math Indicator MT5
The Entropy Math Indicator for MT5 is one of a kind oscillator designed to recognize hidden patterns in seemingly chaotic market movements. This tool measures randomness (entropy) in price action in order to to detect and provide high-probability trading signals. Example chart: Entropy is able to identify hidden market patterns Let’s face the truth – […]
Buy Sell Pressure Indicator MT5
The Buy Sell Pressure Indicator for MT5 is designed to measure momentum by analyzing the balance between buying and selling pressure in the market. Don’t be fooled by its basic looks in the first impression – this is much more than just another oscillator. In fact, it provides really valuable information and actionable insights. Example […]
Double Stochastic With RSI Indicator
The Double Stochastic With RSI Indicator for MT5 is an interesting combination of these two popular oscillators that are by many considered the best reversal gauges. Its main principle is comparing previous and current values of the readings. The final calculations are pleasantly displayed on the charts with clear overbought and oversold areas. The idea […]
Stochastic Cross Alert Indicator
The Stochastic Cross Alert Indicator for MT5 is a technical trading tool that simply utilizes crossovers of signal lines from the renowned Stochastic gauge. It conveniently displays buy and sell arrows directly on the price chart for immediate visual reference. This user-friendly approach ensures that trader with any level of exeprience can quickly reap its […]
Keltner Channel Oscillator Indicator
The Keltner Channel Oscillator Indicator for MT5 is a revised verison of this popular gauge but this one is dedicated specially for recognition of channel breakouts. It simplifies the process and provides easy visual clues for this particular setup. Other than that, it’s basically the vary same tool, but let’s analyze it more details. This […]
Blau Directional Trend Index Indicator
The Blau Directional Trend Index Indicator is based on the technique first introduced by William Blau in his book “Momentum, Direction and Divergence” (1995). The author focuses on three key aspects of trading: momentum, direction and divergence. The Directional Trend Index is an indicator that works in a similar manner to the DM+, which is […]
Stochastic of Hull Average Indicator
The Stochastic of Hull Average Indicator is, as the name suggests, a combination of Stochastic Oscillator and Hull indicator. The Hull period is set to 32, and the Stochastic period is also set to 32. As you can see, the signal line is either blue or pink. A blue line indicates bullish trend-momentum, and conversely, […]
Parabolic Weighted Velocity Indicator
The Parabolic Weighted Velocity Indicator works in a very similar manner to the Jurik Velocity. The difference is between Parabolic Weighted Moving Average and Linear Weighted Moving Average. This Parabolic Weighted Velocity extends the original indicator by allowing you to change the “power” of the calculated averages used for velocity calculation. The bigger the Power […]
RSI of Adaptive Moving Average Indicator
The RSI of Adaptive Moving Average Indicator for MT5 is, as the name suggests, a combination of Relative Strenght Index and Moving Average indicator. Simply speaking, it plots a smoothed line that follows price. The signal line is either green or orange. A green line indicates bullish trend-momentum, and conversely, an orange line reflects bearish […]
CCI Hull Indicator
The CCI Hull Indicator for MetaTrader 5 is, as the name suggests, a combination of Commodity Channel Index and Hull indicator. The Hull period is set to 14, and the CCI period is set to 50. As you can see, the signal line is either blue or orange. A blue line indicates bullish trend-momentum, and […]
