The TZ Breakout Indicator for MT4 defines forex support and resistance levels that the price can next break through and thus generate trading signals, plus it’s available for free download. In order to utilize that tool properly, one should be familiar with price action patterns. Experienced forex traders may use it right away, while beginners…
Tag: top bottom indicators
MTF High Low Indicator MT4
Introduction to the MTF High Low Indicator The MTF High Low Indicator MT4 is responsible for drawing high and low levels of previous and current daily, weekly, and monthly periods. These levels are often respected as market turning points, thus traders can take advantage of trading at them. The MTF High Low Indicator fits all…
Super Signal Scalping Indicator
Introduction to the Super Signal Scalping Indicator The Super Signal Scalping Indicator is a short-term forex trading indicator, that has been developed to find potential swing high/lows of the market. As the name suggests, it’s dedicated to scalpers seeking quick entry points and exit points for their forex trades. That indicator does its scalping job…
RSI HMA Min Max Levels MTF Indicator
Introduction to the RSI HMA Min Max Levels MTF Indicator The RSI HMA Min Max Levels MTF Indicator is a unique forex trading tool based on the Relative Strength Index (RSI) and Hull Moving Average (HMA). It displays a signal line that moves within a channel. When the signal goes outside the channel bands and…
Forex Pro Shadow Indicator
Introduction to the Forex Pro Shadow Indicator The Forex Pro Shadow Indicator recognizes tops and bottoms of the market, therefore you can successfully use it for swing trading. You can call it a “smiley” indicator as it provides trading signals with “face” marks. Both beginners and advanced forex traders can try that Forex Pro Shadow…
CCI Divergence Indicator
Introduction to the CCI Divergence Indicator The CCI Divergence Indicator is, as the name suggests, a forex trading tool based on Commodity Channel Index that automatically recognizes hidden divergences between price and CCI. Detecting divergence manually is not an easy task. Luckily, the CCI divergence indicator gets the job done automatically, without hassle on the…
BB Alert Arrows Indicator
Introduction to the BB Alert Arrows Indicator The BB Alert Arrows Indicator is a forex scalping indicator based on the famous Bollinger Bands. It displays buy/sell arrows that act as trading signals and all you need to do is to follow the given direction. Such simplicity can be a great advantage to beginners forex traders…
Marvin Non Repaint Indicator
Introduction to the Marvin Non Repaint Indicator The Marvin Non Repaint Indicator tries to recognize peaks and bottoms of the market, giving the opportunity to trade great swings. As the name suggests, it is a non repaint indicator, so signals once placed, will never change their position. This is a great advantage, as you can…
Demark V1.01 Indicator
Introduction to the Demark V1.01 Indicator The Demark V1.01 indicator is a technical analysis tool that is used to predict short-term price action based on changes in intra-day highs and lows. It’s a handy gauge to time market entry points and exit points. The indicator is displayed directly on the main trading chart. It fits…
Agimat Reversal Indicator
Introduction to the Agimat Reversal Indicator The Agimat Reversal indicator is based on the zigzag reversal patterns and therefore offers great entry points and exit points. The indicator recognizes the tops and bottoms of the market. It marks these levels with arrows. Once the forex indicator displays a UP arrow, a trader can place a…