Hodrick-Prescott Channel Indicator MT4

The Hodrick-Prescott Channel Indicator for MT4 is a price channel based on the Hodrick-Prescott digital filter and it’s available for free download. Instead of having static support and resistance levels, it plots dynamic bands that adjust to the ongoing price action. As the result, a forex trader receives more accurate potential entry points. Are you…

ADX Trend Indicator MT4

The ADX Trend Indicator for MT4 is a forex price channel based on the Average Directional Index and it’s available to free download. Its bands work as dynamic overbought and oversold levels delivering potential market entry points. What’s more, its slope comes in handy in determining the trend direction. Technical analysis is pretty easy with…

Center of Gravity V3 Indicator MT4

The Center of Gravity V3 Indicator for MT4 provides a price channel with multiple extensions defining overbought and oversold levels plus a center line and it’s available to free download. These lines are highly reactive to price fluctuations and adjust their curvature to the trend direction. Let’s take a detailed look at that interesting forex…

Keltner Channel With Alert Indicator MT4

Introduction to the Keltner Channel With Alert Indicator The Keltner Channel With Alert Indicator is a dynamic volatility-based channel indicator that was originally created by Chester W. Keltner. That gauge can be used for trend following or counter-trend trading. That particular variation additionally gives alerts when a signal occurs. The Keltner Channel With Alert Indicator…

Donchian Channel Indicator MT5

Introduction to the Donchian Channel Indicator The Donchian Channel Indicator is a volatility indicator that uses the calculation of the current price range with the help of the recent highest and lowest price levels of an asset. To perform the calculation for the Channel, the gauge needs to find the highest maximum and the lowest…

Auto Trend Channel Indicator MT4

Introduction to the Auto Trend Channel Indicator The Auto Trend Channel Indicator is an awesome tool that displays a set of trendlines defined by the highs and lows of a currency pair price action. These lines are plotted automatically on a chart and together make a price channel as the price is moving between two…

Raff Channel Indicator MT4

Introduction to the Raff Channel Indicator The Raff Channel Indicator draws a trend channel using the technique originally introduced by Gilbert Raff. The slope of the channel shows a trend direction and its boundaries are considered potential market entry points. The Raff Channel Indicator fits all kinds of timeframes and currency pairs. It is displayed…

Fractal Channel Indicator MT4

Introduction to the Fractal Channel Indicator The Fractal Channel Indicator provides a continuous channel formed by connecting the successive Up and Down fractals. As the name suggests, the indicator is based on fractals, which were originally introduced by Bill Williams. An Up-Fractal is a series of 5 consecutive bars with the highest high in the…

Keltner Channel Color Indicator MT4

Introduction to the Keltner Channel Color Indicator The Keltner Channel Color Indicator is a variation of the well-known Keltner Channel, but this gauge displays a colorful channel that reminds a cloud. It’s pretty easy to use because the color of the channel suggests the direction of a trade. The Keltner Channel Color Indicator fits all…

Super Signals Channel Indicator MT4

Introduction to the Super Signals Channel Indicator The Super Signals Channel Indicator is, as the name suggests, a channel-based forex trading indicator. That gauge consists of dual bands that work as dynamic support/resistance levels and buy/sell arrows as signal triggers. Due to the nature of the indicator, it works best during market consolidations and sideways…