Trend Strength OMA Channel Indicator

Introduction to the Trend Strength OMA Channel Indicator The Trend Strength OMA Channel Indicator is a trend signal indicator as it detects whenever the market trend condition is overbought or oversold. That forex indicator consists of the main orange signal line displayed within its own window along with the green/red channel and the buy/sell arrows…

Trix Candles with Keltner Channel Indicator

Introduction to 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…

Price Channel Signal Alerts Indicator

Introduction to the Price Channel Signal Alerts Indicator The Price Channel Signal Alerts Indicator consists of two elements. The first element is big blue and red dots that define the direction of current movement. The second element is buy/sell arrows called “re-entry”. These arrows work as trade entry points. The best results with the Price…

Spielers Hedge Divergence StdDev Indicator

Introduction to the Spielers Hedge Divergence StdDev Indicator The Spielers Hedge Divergence StdDev Indicator is a unique forex indicator based on Standard Deviation, that helps to recognize market overbought and oversold levels. It is a channel that consists of three red extensions defining overbought levels, three blue extensions defining oversold levels, and one yellow middle…

JMA Keltner Channel Indicator

Introduction to the JMA Keltner Channel Indicator The JMA Keltner Channel Indicator is a variation of the standard Keltner Channel indicator, but this one is based on Jurik Moving Average. The Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands. Since SMA is the slowest moving average, that…

Keltner Channel Indicator

Introduction to the Keltner Channel Indicator The Keltner Channel Indicator is named after Chester Keltner who first introduced his indicator in his 1960 book “How to make money in Commodities“. The original indicator was based on the 10-period moving average, and this one can be set to both simple moving average and exponential moving average.…

Auto Trend Channel Indicator

Introduction to the Auto Trend Channel Indicator The Auto Trend Channel Indicator automatically draws two trendlines that together make a price channel and these trendlines work as dynamic support and resistance levels. A green trendline is a resistance level and when the price rejects it, one should open a sell trade. Similarly, a red trendline…

Donchian Channel Indicator

Introduction to the Donchian Channel Indicator The Donchian Channel Indicator was originally developed by Richard Donchian. The indicator defines the beginning of a new trend and comes in handy for forex traders utilizing trend-following and breakout strategies. The boundaries of the Donchian Channel are based on calculating the lowest low and the highest high market…

Jurik Keltner Channel Indicator

Introduction to the Jurik Keltner Channel Indicator The Jurik Keltner Channel Indicator is, as the name suggests, a combination of Jurik and Keltner Channel into one forex trading indicator. You can consider it as an enhanced version of Keltner Channel indicators. Trading rules are pretty obvious. Simply, look for buy trade opportunities when the price…

Linear Regression Channel Breakout Indicator

Introduction to the Linear Regression Channel Breakout Indicator The Linear Regression Channel Breakout Indicator draws mini Linear Regression Channels and when a breakout occurs, it marks the signal with an arrow. Note that these channels are really short-term, hence you will get a lot of them placed on the chart. The Linear Regression Channel Breakout…