Shifted Daily Pivot Points Indicator

Introduction to the Shifted Daily Pivot Points Indicator The Shifted Daily Pivot Points Indicator automatically draws a support/resistance on the charts. An important feature of that indicator is, that it doesn’t remove past pivot points, but instead, it just shifts to new pivot points. Old pivot levels are kept as a reference. You can use…

VWAP Plus Indicator

Introduction to the VWAP Plus Indicator The VWAP Plus Indicator is just another variation of the Volume Weighted Average Price indicator. The Plus, in this case, means additional lines that act as dynamic Support Resistance levels. They can also work as Take Profit targets. Nonetheless, the basic principle stays the same. Long trades above the…

Time Box Indicator

Introduction to the Time Box Indicator The Time Box indicator is a custom forex indicator that displays important market levels. It provides daily, weekly, and monthly boxes, according to your choice. Yet, you can extend any important price levels in your chart automatically. You can use them as significant support and resistance levels. It is…

Super Forex Launcher Indicator

Introduction to the Super Forex Launcher Indicator The Super Forex Launcher indicator actually is a set of indicators that utilizes slope channel trading. First, it recognizes the overall trend, and then the indicator takes into account the slope of the channel. Together it generates trading signals that go as follows: A buy signal happens when…

Support and Resistance Indicator

Introduction to the Support and Resistance Indicator The Support and Resistance indicator for MT5 displays the support and resistance levels using the Fractals indicator. The calculation of support levels is based on the “Fractals down”, and the calculation of the resistance levels is based on the “Fractals up” of the Fractals indicator by Bill Williams.…

Pivot Darma Indicator

Introduction to the Pivot Darma Indicator The Pivot Darma Indicator is a forex trading tool that shows a daily open line with support and resistance levels. This indicator is a great fit for breakout traders. It is relatively easy to use. Look for buy trades when is the price is above the daily open line.…

Loco Indicator

Introduction to the Loco Indicator The Loco Indicator is a custom forex tool that works in a similar manner to PSAR. This forex indicator is helpful in recognizing the market trend direction and provides dynamic support or resistance levels. The indicator is displayed directly on the main trading chart. We suggest to use it as…

TMA Trace MTF Indicator

Introduction to the TMA Trace MTF Indicator The TMA Trace MTF Indicator is the result of a combination of the Average True Range (ATR) and the Moving Average (MA). This tool is helpful for recognizing the market trend direction and dynamic support or resistance levels. The indicator is displayed directly on the main trading chart.…

Bigger TF OHLC Indicator

Introduction to the Bigger TF OHLC Indicator The Bigger TF OHLC is a simple but useful tool that displays open, high, low, and close (OHLC) of higher time frame candles in your current TF chart. You can use it for spotting accurate trade entry points and exit points when using technical analysis of higher timeframes.…

Supply and Demand Indicator

Shved Supply and Demand The Supply and Demand Indicator is a MetaTrader 5 (MQL5) version of the indicator originally coded by Shved and upgraded by eevviill7. This version also has history mode added. Set the “historyMode” parameter to “true” then double click on any point in the price chart to see Support and Resistance zones…