Tag: candlestick indicators
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 […]
Pattern Recognition Indicator
The Pattern Recognition Indicator for MT5 is forex tool designed to detect and display candlestick patterns on your charts as soon as they emerge. This indicator is specifically developed to automatically identify and highlight candlestick patterns in real-time on your trading charts. When it’s activated, your chart should look more less like this. How does […]
JF Engulfing Candle Indicator
The JF Engulfing Candle Indicator is an accurate tool for spotting engulfing patterns on charts. Very often, when an engulfing candle appears, it is a sign of a trend reversal, which you can take advantage of. The gauge displays buy/sell arrows when a signal happens. How to apply the JF engulfing candle pattern? As the […]
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 […]
RoNz Price MA Candle Indicator
The RoNz Price MA Candle Indicator uses Moving Average to colorize candlesticks according to MA direction. White candles indicate bullish MA, and red candles reflect bearish MA. That forex indicator should be rather used in conjunction with other technical analysis gauges, than a standalone trading tool. Buy Signal Price crosses or already is above 100-period […]
Wajdyss Ichimoku Candle Alert Indicator
The Wajdyss Ichimoku Candle Alert Indicator uses Ichimoku Kinko Hyo to calculate its values. That indicator colorize candlesticks according to the trend-momentum – the blueish candles indicate bullish market momentum, and the redish candles reflect bearish market momentum.
Engulfing Candle Indicator
The Engulfing Candle Indicator for MT4 is a forex technical analysis tool that comes in handy when you need engulfing bars recognized automatically. It simply relieves the hassle of looking for engulfing candlesticks and picking them manually. There are two types of engulfing patterns – the bullish and bearish engulfing. That forex indicator is capable […]
CAM Indicator for Trends and Counter Trends
The CAM Indicator for Trends and Counter Trends overlaps colorful candlestick on the main trading chart. Green bars represent a bullish trend, red bars represent a bearish trend, blue and yellow bars shows trend change or market indecision. See also: DDFX Major Trend Indicator MACD Candles V3 Indicator
Profitunity Bars Indicator
The Profitunity Bars indicator uses a custom formula to calculate trend momentum for each candlestick and colorizes these bars accordingly. When the candlesticks are colored green, it means that the current short time period trend is bullish. Similarly, when the candlesticks are colored red, it means that the current short time period trend is bearish. […]
Candle Difference Indicator
The Candle Difference indicator displays the change in price as a percentage relative to the open price of the current candle. It can display up to 8 pairs on the chart. It allows choosing a candle time frame in the settings.