The Chandelier Exit Cloud Indicator MT5 (MetaTrader 5) evaluates the price chart and converts intricate technical information into a potent trend display. This indicator is presented in the form of trend cloud, illustrating both buy and sell signals. Fundamentally, relying on the Chandelier Exit will enhance your ability to make well-informed choices when entering or…
Tag: cloud indicators
Karpenko Cloud Indicator MT5
The Karpenko Cloud Indicator MT5 (MetaTrader 5) is a visually engaging trend indicator, taking the form of vibrant colored clouds on the activity chart. These clouds are dynamically filled with either a soothing pale green or a gentle light pink hue, indicating the prevailing market trend. This unique display allows traders to quickly identify potential…
Forex Guru of Cloud Indicator MT4 Free Download
Introduction to the Forex Guru of Cloud Indicator The Forex Guru of Cloud Indicator displays green, red, and gray bricks that correspond with the trend direction at every bar. A signal is triggered at a change of brick color and a buy or sell arrow is plotted on the chart. The Forex Guru of Cloud…
Real Cloud Forex Indicator MT4 Free Download
Introduction to the Real Cloud Indicator The Real Cloud Indicator is a great choice for trend-following traders. The Real Cloud comes in handy when one needs to confirm the current market trend-momentum. What’s more a trader can use successfully use it for any possible trend reversals detection. It can be applied for scalping, day trading,…
Linear Regression Sketcher Indicator
Introduction to the Linear Regression Sketcher Indicator The Linear Regression Sketcher Indicator is a variation of a standard Linear Regression indicator. There are differences, instead of showing just the liner regression value, that indicator is showing corresponding linear regression lines too. That way it indicates what is the best linear regression fit (and trend) at…
Standard Deviation Channels X3 Cloud Indicator
Introduction to the Standard Deviation Channels X3 Cloud Indicator The name of the Standard Deviation Channels X3 Cloud Indicator pretty much defines what it is. It plots a channel (with three extensions to top and bottom) based on the Standard Deviation indicator. The violet trendline is a middle line of the channel. First, check the…
Forex Off Trend Indicator
Introduction to the Forex Off Trend Indicator The Forex Off Trend Indicator is a trend-following tool and its signals are presented in a form of the cloud. When the cloud is green, the trend momentum is considered to be bullish and traders should take buy opportunities. Conversely, when the cloud is pink, the trend momentum…
MACD 2 Line Indicator
Introduction to the MACD 2 Line Indicator The MACD 2 Line Indicator is obviously based on the Moving Average Convergence Divergence indicator but it has 2 lines that form a cloud. The difference between the MACD and the signal line is presented in the form of a color histogram. The MACD 2 Line Indicator fits…
Supertrend Indicator
Introduction to the Supertrend Indicator The Supertrend Indicator is a high-demand forex trading tool. It helps to solve major issues, like what is the current trend, when does it start and end. Signals provided by that Supertrend gauge give answers to these questions. Both beginners and advanced forex traders find it powerful and highly accurate.…
Adaptive Renko CLD Indicator
Introduction to the Adaptive Renko CLD Indicator The Adaptive Renko CLD Indicator is a forex trend-following indicator using the Renko indicator included in its formula. It consists of two elements: an upward/downward band and a cloud. It does a really good job at recognizing trend-momentum, and obviously, it works best during strong market swings. The…