Tag: channel indicators


Donchian Channel with EMA Indicator

Donchian Channel with EMA Indicator for MT4

Introduction to the Donchian Channel with EMA Indicator The Donchian Channel with EMA is a trend-following indicator containing, as the name suggests, Donchian Channel and Exponential Moving Average. The bands of the Donchian Channel can be used to identify the trend, breakout, and volatility of the market and are calculated on high and low of […]

Star Profit Channel Indicator

Star Profit Channel Indicator for MT4

Introduction to the Star Profit Channel Indicator The Star Profit Channel indicator plots on the charts a dynamic price channel. That channel has three extensions for both upper and lower bands. You can use these bands of Star Profit Channel to find your market entry points. Obviously, look for buy trade opportunities when the price […]

Forex Atron Scalper Indicator

Forex Atron Scalper Indicator for MT4

Introduction to the Forex Atron Scalper Indicator The Forex Atron Scalper indicator is a trading channel forex scalper system. It puts two bands on the activity chart, a red upper band, and a blue lower band together with buy/sell dots that appear when candlesticks go outside these bands. The scalping trend is considered bullish when […]

Keltner X2 MTF TT Indicator

Keltner X2 MTF TT Indicator for MT4

Introduction to the Keltner X2 MTF TT Indicator The Keltner X2 MTF TT is a custom forex indicator that displays two Keltner Channel bands and the best fit for that gauge is a reversal strategy. Due to applying these dual bands, a trading event happens that bands of one channel touch and cross through bands […]

Point of Balance (POB) Indicator

Point of Balance (POB) Indicator for MT5

Introduction to the Point of Balance Indicator The Point of Balance (POB) indicator lays a triple line channel that serves as the current trend revealer. The price and candlestick move above/below that channel. It consists of three lines: the red and green lines are aligned to the upper outer and lower outer boundaries of the […]

RSI Slope Divergence Indicator MTF

RSI Slope Divergence Indicator MTF for MT5

Introduction to the RSI Slope Divergence Indicator MTF The RSI Slope Divergence indicator MTF plots two linear regression channels: directly on the price and on the Relative Strength Index (RSI). It is a multi-timeframe indicator. The general usage of that gauge is divergences detection, but also correction or retracement even before it occurs. The indicator […]

Auto Trend Lines Channels Indicator

Auto Trend Lines Channels Indicator for MT4

Introduction to the Auto Trend Lines Channels Indicator The Auto Trend Lines Channels indicator detects the tops and bottoms of the market and connects these points with automatic trend lines. That gauge provides high accuracy in defining correct trend lines. Besides moving averages, auto trendline plays a vital role in spotting dynamic support and resistance […]

ZigZag WS Channel RV 2 Indicator

ZigZag WS Channel RV 2 Indicator for MT4

Introduction to the ZigZag WS Channel RV 2 Indicator The ZigZag WS Channel RV 2 indicator highlights the swing points of the price. It connects the swing high and swing low points of the price that work as trendline support and resistance. With multiple trendlines, this indicator works as a trend-following price channel as well. […]

Super Forex Launcher Indicator

Super Forex Launcher Indicator for MT4

Introduction to the Super Forex Launcher Indicator The Super Forex Launcher indicator actually is a set of indicators that utilizes slope channel trading. First, it recognizes the overall trend, and then the indicator takes into account the slope of the channel. Together it generates trading signals that go as follows: A buy signal happens when […]

High Way Channel Indicator

High Way Channel Indicator for MT4

Introduction to the High Way Channel Indicator The High Way Channel indicator draws a trading channel that automatically adjusts to the market moves. You should be looking for sell trades at the upper band (dark red color) and similarly, you should be looking for buy trades at the lower band (dark red color). That indicator […]