Category: Trend Indicators
Supertrend Indicator
The Supertrend Indicator for MT5 is a high-demand forex trading tool. It helps to solve major issues, like what is the current trend, when does it start and end. Signals provided by that Supertrend gauge give answers to these questions. Both beginners and advanced forex traders find it powerful and highly accurate. Profitable trading with […]
Adaptive Renko CLD Indicator
The Adaptive Renko CLD Indicator is a forex trend-following indicator using the Renko indicator included in its formula. It consists of two elements: an upward/downward band and a cloud. It does a really good job at recognizing trend-momentum, and obviously, it works best during strong market swings. How to use the Adaptive Renko CLD in […]
Gann High Low Activator SSL Alert Indicator
The Gann High Low Activator SSL Alert indicator is based on the original Gann Hi-Lo Activator SSL, but this one was rewritten in MQL5. Another change is that the original indicator was single color, that is why for the more visual definition of the trend direction it was necessary to make it color. The signal […]
Super Trend Hull Indicator
The Super Trend Hull indicator is, as the name suggests, a custom forex indicator that compounds Super Trend and Hull indicators. That gauge incorporates the ATR within its algorithm formula as a means of modifying its signal mode. The signals provided by the Super Trend Hull are good and accurate enough to be used as […]
KAMA Indicator
The name of the KAMA Indicator for MT5 stands for the Kaufman Adaptive Moving Average. The author of that indicator Perry J. Kaufman, first introduced that concept in his book titled Smarter Trading: Improving Performance in Changing Markets in the year 1995. This is a variation of the adaptive moving average, which is built on […]
Trend Strength Indicator MT5
The Trend Strength indicator for MT5 uses custom calculations based on the Relative Strength Index to determine the direction of the trend. What’s more, provided signals give overview of the momentum as well. Example chart: Anatomy of the trend strength indicator for mt5 Essentialy, the trend strength indicator consists of three lines: gray Smoothed RSI, […]
Precision Trend Indicator
The Precision Trend Indicator for MT5 recognizes the trend direction and overlaps default candles to corresponding colors (lime/orange). The signals provided by that tool are really easy to read – you can use it for standalone scalping, swing trading, and reversals. What’s more, this is a NON REPAINT indicator, so you can backtest it and […]
ADX VMA Trend Indicator
The ADX VMA Trend Indicator for MT5 displays smoothed readings regarding market trends. As the name suggests, its formula is based on the combination of custom moving average and average directional movement index. An important fact is that the signals are not repainting. Example chart: Analysis of the adx vma trend indicator for mt5 As […]
Heiken Ashi Smoothed Indicator MT5
The Heiken Ashi Smoothed Indicator for MT5 help to recognize trend in a clean manner. In comparison to the regular heiken ashi candles, this variation incorporates several improvements, resulting in solid and accurate signals in the output. It works even better regarding noise reduction, thus forex traders get clearer overview on the market situation. Example […]
RSI Candles Smoothed Indicator
The RSI Candles Smoothed indicator is a combination of four RSI values (RSI of High, Low, Open and Close) displayed as candles in a sub-window below the main trading chart. This version has an additional options to enable prices pre-smoothing prior to be used in a calculation, which makes it an RSI-of-MA combination. To avoid […]
