The 1-2-3 Reversal Points Pattern Indicator MT4 (MetaTrader 4) is a powerful tool designed to detect optimal forex trend reversal points using the widely recognized 1-2-3 trading pattern. This user-friendly indicator conveniently places buy and sell arrows on the chart, marking the completion of bullish or bearish trend reversal patterns. Essentially, all you need to…
Tag: reversal indicators
ADR Indicator MT5
The ADR (Average Daily Range) Indicator MT5 is a powerful tool in forex trading that provides valuable insights into the expected market range. The indicator serves as a reliable reference point for determining both support and resistance levels. By analyzing historical price movements, the ADR indicator helps traders identify potential breakout and reversal opportunities, making…
Guppy Multiple Moving Averages Indicator MT4
The Guppy Multiple Moving Averages (GMMA) Indicator for MT4 is a forex technical indicator that exploits moving average ribbons in the context of potential price breakouts of a currency pair. It was originally introduced by an Australian trader named Daryl Guppy, hence, the name of that tool. There are 13 Exponential Moving Averages (EMAs) to…
Hodrick-Prescott Channel Indicator MT4
The Hodrick-Prescott Channel Indicator for MT4 is a price channel based on the Hodrick-Prescott digital filter and it’s available for free download. Instead of having static support and resistance levels, it plots dynamic bands that adjust to the ongoing price action. As the result, a forex trader receives more accurate potential entry points. Are you…
Hikkake Pattern Indicator MT4
The Hikkake Pattern Indicator MT4 is a forex technical analysis indicator used for the identification of short-term trends and it’s available for free download. It’s based on the concept of “false breaks” which is typically used by reversal traders. Such an approach is particularly effective during sideways market conditions. Are you a fan of reversal…
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…
ADX Trend Indicator MT4
The ADX Trend Indicator for MT4 is a forex price channel based on the Average Directional Index and it’s available to free download. Its bands work as dynamic overbought and oversold levels delivering potential market entry points. What’s more, its slope comes in handy in determining the trend direction. Technical analysis is pretty easy with…
Level Trading 123 Indicator MT4
Introduction to the Level Trading 123 Indicator The Level Trading 123 Indicator for MT4 is a versatile forex technical indicator providing bullish and bearish trading signals as well as market reversal points. Free download. The indicator is based on the Fractals and plots trendlines and key support/resistance levels automatically. At the first glance, it may…
Trend Reversal Indicator
Introduction to the Trend Reversal Indicator The Trend Reversal Indicator does exactly what its name suggests. Namely, it recognizes trend direction and, most importantly, when a trend makes a reverse. Such a reversal trade is potentially very profitable as price makes a large swing. The indicator consists of two lines: blue and red. Trades are…
AggM Indicator
Introduction to the AggM Indicator The AggM Indicator is a composite trend and mean-reversion indicator, but the signals are provided in the form of an oscillator line. When it comes to the trading rules with the AggM indicator, it looks like the following. Long trades are triggered when the indicator’s value rises above 0.7 level.…
