Tag: reversal indicators
1-2-3 Reversal Points Pattern Indicator
The 1-2-3 Reversal Points Pattern Indicator for MT4 is a nice tool created to find spots with high likelihood of short-term turnaround. Essentially, it’s based on Fibonacci numbers which are known for suprising effectivness in financial markets and other areas. Once a setup is in place, this gauge provides buy/sell arrows directly on chart. They […]
ADR Indicator
The ADR (Average Daily Range) Indicator for MT5 is a dedicated tool that caculates and provides expected market range. These boundaries are defined directly on the trading chart and serve as a good reference points – you can think about them in terms of support and resistance levels. They can be very handy in taking […]
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
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
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
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 look a bit complex, but it is […]
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 triggered at the crossover of these […]
AggM Indicator
The AggM Indicator for MT4 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. Similarly, sell trades […]