The Murrey Math Lines Indicator for MT4 is a technical analysis tool that identifies horizontal support and resistance levels of price on trading charts and it’s available to free download. It functions similarly to pivot point indicators and Fibonacci retracements. This indicator was created by T. Henning Murrey with the goal of providing day traders…
Tag: line indicators
Slope Direction Line Indicator MT4
The Slope Direction Line Indicator for MT4 comes as a solution for forex traders tired of complex and intricate indicators and it’s available to free download. Just sit back, relax check how it demonstrates the trend signals. It’s as simple as possible so everyone can understand the market situation and benefit from it. Does the…
Forex Line Indicator MT4 Free Download
Introduction to the Forex Line Indicator The Forex Line Indicator is an improved version of Moving Average and it gives more clear signals. When the Forex Line turns blue from white, it is a signal for a long trade. Similarly, a Forex Line switch from blue to white triggers a sell trade. The Forex Line…
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…
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…
TMA Line Extreme Indicator
TMA Line Extreme Indicator How to install the TMA Line Extreme Indicator on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the TMA Line Extreme Indicator files into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You can gain…
MMR High Low Lines MT4 Indicator
The MMR High Low Lines Metatrader 4 Indicator displays the value (in form of bands) of the highest high, the lowest low and the average of both over the last X bars. How to trade with MMR High Low Lines? Look for sell orders when the price is at upper band (green) and look for…
Forex Sunrise Indicator
Few words about Forex SunRise Indicator Forex SunRise Indicator works on all major currency pairs: from M15 to H1 timeframes. This tool has Buy Hall & Sell Hall and Indicator line, I made a note on the screenshot no1. Buy/Sell Halls lines based on support & resistance calculation. As for indicator line – it’s based…
