Category: Trend Indicators

Prevailing Trend Indicator

Prevailing Trend Indicator MT5

The Prevailing Trend Indicator for MetaTrader 5 simply reflects the current trend by two distinct lines. These so-called components and their setup has specific meaning, namely red one suggests bearish scenario, while the green one corresponds to bullish market. The trade signals occurs when they cross each other. Let’s see if such a basic tool […]

Averages Heatmap Indicator

Averages Heatmap Indicator MT5

The Averages Heatmap Indicator for MT5 is essentially a combination of multiple moving averages giving wide perspective on market situation. It can be successfully used for determining trend strenght and direction or even stop loss and take profit levels. When you activate the gauge, it will be displayed within own window placed below main trading […]

Karpenko Cloud Indicator

Karpenko Cloud Indicator MT5

The Karpenko Cloud Indicator for MT5 is trend gauge that displays colorful cloud directly on the trading chart. These greenish and pinkish formations refelct prevailing market trends. What’s more, these special formations allows to spot potential shifts in market-driving powers. Let’s see how to utilize them. Trading signals of Karpenko Cloud indicator After you activate […]

Two SMA Cross Indicator

Two SMA Cross Indicator MT5

The Two SMA Cross Indicator for MT5 is, as the name suggests, a combination of two simple moving averages. They work together to generate clean buy and sell signals directly on trading chart along with colorful visual references. It can be effectively utilized in many ways, but mainly as trade entries and exit points provider […]

Breakout Bars Trend Indicator

Breakout Bars Trend Indicator MT5

The Breakout Bars Trend Indicator for MT5 simply colorizes candlesticks directly on the chart in order to provide market trend-momentum with a quick glance. This is a great way to reduce clutter in your technical analysis and improve confidence of the trading decisions. You can consider it as an alternative to moving averages that help […]