Tag: trend indicators
Trend Direction and Force Index Indicator
The Trend Direction and Force Index Indicator for MT5 displays positive and negative histogram bars reflecting market direction and strength of the movement. Blue bars correspond to bullish power and red bars reflect bearish power, where darker color means increasing force and lighter color tells about decreasing force. As you can see on the screenshots, […]
BT Trend Trigger Indicator
The BT Trend Trigger Indicator for MT4 serves as a helpful tool in detecting changing market trends. It can be considered a momentum gauge since these changes often happen very quickly. What’s more, forex traders looking to increase their success rate, may even use it as a confirmation for signals provided by other technical indicators. […]
Trend Direction V2 Indicator
The Trend Direction V2 Indicator for MT4 performs an analysis in order to define the predominating market trend. Behind the scenes, it calculates past and current price data to provide real direction. These readings are presented in the form of histogram bars, which are clean and very user-friendly. The below screenshot shows the indicator in […]
Trend Bands Indicator
The Trend Bands Indicator for MT4 plotts two bands and a moving average in the middle. Their main goal is tracking market trends and price volatility changes. They act as good support or resistance levels, so when the price touches them, you can expect high-probability reactions. These areas are trade entry opportunities. It should look […]
Prevailing Trend Indicator
The Prevailing Trend Indicator for MetaTrader 5 simply reflects the current trend by two distinct lines. These so-called components and their setup has specific meaning, namely red one suggests bearish scenario, while the green one corresponds to bullish market. The trade signals occurs when they cross each other. Let’s see if such a basic tool […]
Breakout Bars Trend Indicator
The Breakout Bars Trend Indicator for MT5 simply colorizes candlesticks directly on the chart in order to provide market trend-momentum with a quick glance. This is a great way to reduce clutter in your technical analysis and improve confidence of the trading decisions. You can consider it as an alternative to moving averages that help […]
Gann Trend Oscillator MTF Indicator
The Gann Trend Oscillator MTF Indicator for MT4 is based on the famous gann trading methodology, but it simplifies the whole complex formula into clean signals. Essentially, it just provides traders colorized histogram bars that corresponds with trend direction in the martket. In other words, the idea here is to trade only with the current […]
Nduet Semaphore Trend Momentum Indicator
The Nduet Semaphore Trend Momentum Indicator for MT5 is actually a combination of two Moving Averages and the Semaphore gauge. The goal of the moving averages is to determine the trend’s direction and the Semaphore alert indicator serves as identificator of the momentum. Let’s check if this combo is really useful. Trading with the trend […]
TopTrend Indicator
The TopTrend Indicator for MT4 was designed for breakout and trend-following trading strategies. It’s exceptionally goood at identyfing market reversals. What’s more, it displays dynamic lines and at the same time provides clear entry and exit levels. It sounds very appealing, but can this be really trusted? Let’s see how solid it can be in […]
Easy Trend Visualizer Indicator
The Easy Trend Visualizer Indicator for MT4 is designed to display beginnings and endings of trends, as well as setups when there is no clear trend (sideways market). The calculations of the provided signals are based on the ADX (Average Direction Movement Index). Let’s see if it’s worth further attention. How to take advantage of […]