Introduction to the Traders Dynamic Index Indicator The Traders Dynamic Index indicator first appeared in the early 2000s. It was originally created by Dean Malone. At the first glance, it may look a bit complex, but the TDI is simply the result of combination of four following forex indicators: RSI (green line); Moving Average for…
Tag: crossover indicators
Zee Zee Alert Indicator
Introduction to the Zee Zee Alert Indicator The Zee Zee Alert indicator is based on Commodity Channel Index (CCI) swing trading tool. It recognizes the overbought/oversold states of the market. There is also a crossover signal system for filtering its own trade signals. The indicator is displayed in a separate window placed just below the…
SMA Crossover Signal Indicator
Introduction to the SMA Crossover Signal Indicator The SMA Crossover Signal Indicator is a forex trading tool based on the crossover of two simple moving averages – one faster and one slower. For signals it displays buy and sell arrows. When it comes to understanding trading rules, it is pretty easy to follow. When the…
Instrend Indicator
Introduction to the Instrend Indicator The Instrend Indicator is a custom forex trading indicator. It works on two simple lines and their crossovers are signals for trades. Blue line crossing below the red line reflects a bearish trend. On the contrary, the blue line crossing above the red line reflects a bullish trend. The indicator…
DMI Alert Indicator
Introduction to the DMI Alert Indicator The DMI Alert Indicator is based on a Directional Movement Index, but it additionally displays buy/sell alerts. It consists of two lines: a red one and a green one. The red line above the green line indicates a bearish trend-momentum. Similarly, the green line above the red line suggests…
Ang Zad Indicator
Introduction to the Ang Zad Indicator The Ang Zad indicator is a custom trend-following forex indicator that helps to define the dominant trend. It consists of two elements: blue line and red line. The trading signals provided by that gauge are pretty simple and occur at crossover. When the blue line of the Ang Zad…
DAT WPR Indicator
Introduction to the DAT WPR Indicator The DAT WPR indicator is a forex indicator based on the Williams’ Percent Range. It provides multiple oscillators that determine whether the price is overbought/oversold. The most important lines are the orange one and the pink one. When they reach 80 level it means the market is overbought and…
Aroon Indicator MT4 Free Download
Introduction to the Aroon Indicator The Aroon Indicator comes in handy for reading trends. Watch as the “Up Line” (Default color: Yellow) reaches 100 level (or near) – that means an uptrend takes place. Watch for the “Down Line” (Default color: Dodger Blue) reaches 100 level (or near) – that means a downtrend occurs. The…
100 Pips Indicator
The 100 pips indicator is a custom forex indicator based on Moving Averages cross with some filtering to avoid fake signals. It generates really good and accurate trading signals. How to install the 100 Pips Indicator on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post.…
Instantaneous Trendline Filter Indicator
The Instantaneous Trendline Filter Indicator is a forex trend indicator similar to standard MA cross but this indicator shows more valid and accurate signals. Buy and Sell Signals appear when it crosses each other lines. How to install the Instantaneous Trendline Filter Indicator on your Metatrader 4 trading platform? Download the indicator by clicking “LINK”…
