Category: Oscillator Indicators

Trend Confirmation Index Indicator

The Trend Confirmation Index Indicator for MT5 is able to calculate current condition of the market. Typically for oscillators it can provide areas of overbought (over 70) and oversold (below 30) price levels. Based on the data contained in the candlesticks, this tool catches underlying properties like weak or strong trend and if it gains […]

Schaff Trend Cycle Adjustable Smoothing Indicator

The Schaff Trend Cycle Adjustable Smoothing Indicator for MT5 is a classic gauge that comes in handy for determining direction of the trend by displaying a simple color-changing curve. Upon activation, you can see it placed within seperate window below the chart. When the price goes up, it corresponds to the green line. Similarly, when […]

SSD with Histogram Indicator

The SSD With Histogram Indicator for MT5 is based on a slow stochastic and signal lines plus, as the name suggests, a histogram that reflects the difference between them. All these elements are displayed within a separate window located below trading chart. Formula used For technical geeks, this is exactly how the calculations are performed: […]

Double RSI Trading Signals Indicator

The Double RSI Trading Signals Indicator for MT5, as the name suggests, is based on two Relative Strenght Indexes with various periods. The idea and goal for this combination is providing more accurate trading signals. The entries and exits are expressed by orange and blue dots. Blue ones are positioned below candlesticks and suggest potential […]