Renko Chart Indicator

Introduction to the Renko Chart Indicator The Renko Chart Indicator draws, instead of candles, bricks or boxes that are all of the same size. These bricks are based on the price movement while ignoring the time factor. It means that no matter of active timeframe, the Renko Chart looks always the same. The Renko Chart…

RSX RSI Bar Chart Indicator

Introduction to the RSX RSI Bar Chart Indicator The RSX RSI Bar Chart Indicator displays custom bars calculated based on the Relative Strenght Index and the RSX indicator. Pay attention to the 20 and 80 levels, which are respectively oversold and overbought zones. When its bars falls below 20 level, the price will make a…

Renko Boxes Chart Indicator

Introduction to the Renko Boxes Chart Indicator The Renko Boxes Chart Indicator displays Renko Boxes directly on trading chart. It makes an analysis of the price movement and then draws boxes according to that movement. Trading with such Renko Boxes Chart helps in getting a clear picture of the market and reducing unwanted market noise.…

Renko Charts Indicator

Introduction to the Renko Charts Indicator The Renko Chart was originally developed by Steve Nison and first introduced to the world in his book “Beyond Candlesticks”. What actually is a Renko Chart? Simply speaking, it is a type of price charting. I am sure you know about the Japanese Candlestick Charts, Bar Charts, Line Charts.…

MACD OsMA on Chart MTF V2 Indicator

Introduction to the MACD OsMA on Chart MTF V2 Indicator The MACD OsMA on Chart MTF V2 Indicator is a forex indicator that defines the market trend and additionally signals for trade entries by using clear upward/downward arrows. What’s more, it places an orange overall on candlesticks when the trend is bearish. Similarly, you can…

Forex Multiple Chart MTF Indicator

Introduction to the Forex Multiple Chart MTF Indicator The Forex Multiple Chart MTF Indicator is a custom forex tool that displays three additionall charts of selected currency pair and time frame. If you see “sleeping” message, simply click Turn On/Turn off button. The indicator is displayed in a seperate window placed just below the main…

Second Chart Indicator

Introduction to the Second Chart Indicator The Second Chart Indicator is a very useful tool that displays candles of chosen currency pair in a sub-window placed just below the main trading chart. It could be handy in various situations. For example, when you have many indicators plotted over candlesticks and you want to see the…

Candle Direction Indicator

Introduction to the Candle Direction Indicator The Candle Direction Indicator is a convenient forex tool that shows if the current candles of other time frames are bullish and bearish. It is very useful for traders utilizing multiple time frame (MTF) analysis. This forex indicator is displayed in the top left corner of the main chart.…

Three Line Break Indicator

Introduction to the Three Line Break Indicator The Three Line Break Indicator (TLB) is a forex trading tool that represents a raw of the vertical rectangle, the height of which is determined by the value of price changes. These charts – like Kagi, P&F, Renko – do not consider the time factor. This graphical method…

RSI Candles Smoothed

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…