Category: Trend Indicators

Averages Heatmap Indicator

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 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. How to use the karpenko cloud indicator for mt5? […]

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

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 […]

Xmaster Formula Indicator MT5

The Xmaster Formula Indicator for MT5 displays a bi-colored dashed line that shows market trends and their directions. It’s often referred to as the xhmaster formula. This tool is a modern version of a popular indicator known for providing reliable and accurate signals, originally released for earlier MetaTrader platform. How to trade with the Xmaster […]

Half Trend Buy Sell Indicator

The Half Trend Buy Sell Indicator for MT5 is a trend-following and non-repainting forex trading gauge. Its signals are calculated and provided in a totally automatic way and are based on moving averages intersections. It’s a newbie-friendly tool as these signals are presented in the form of simple buy/sell arrows. Nonetheless, signal reliability is really […]

RSI (Var) Hull of Hull Average Indicator

Before we start explaining the RSI (Var) Hull of Hull Indicator, you should know that the Relative Strenght Index (RSI) uses for its calculations something called Wilders EMA. Replacing that Moving Average with some other type results in a totally different version of RSI comparing the original RSI. As the name suggests, this gauge uses […]

Trix Candles with Keltner Channel Indicator

The Trix Candles with Keltner Channel Indicator is, as the name suggests, a combination of Trix Candles and Keltner Channel. It uses the 4 Trix (Triple Exponential Moving Averages Oscillator) with values of open, close, high, and low to construct candles of this indicator. That forex indicator provides quite smooth results (which is not a […]

VWAP Close Indicator

The VWAP Close Indicator is based on the Volume Weighted Average Price (VWAP) and works in a very similar manner to the Moving Average indicator. A trader should pay attention to the slope of the VWAP Close indicator and trade accordingly.

C-Parabolic Sar Indicator MT5

The C-Parabolic Sar Indicator for MT5 is an variation of the standard Parabolic Sar indicator. The difference between these two gauges is in the color of dots. In the case of the C-Parabolic Sar indicator, the dots are getting brighter along with ongoing price movement. As a general rule, when the dots get bright, you […]