Tag: trendline indicators


Auto Trend Channel Indicator

Auto Trend Channel Indicator for MT5

Introduction to the Auto Trend Channel Indicator The Auto Trend Channel Indicator automatically draws two trendlines that together make a price channel and these trendlines work as dynamic support and resistance levels. A green trendline is a resistance level and when the price rejects it, one should open a sell trade. Similarly, a red trendline […]

Perfect Trend Line 2 Indicator

Perfect Trend Line 2 Indicator for MT5

Introduction to the Perfect Trend Line 2 Indicator The Perfect Trend Line 2 Indicator is a variation of a popular “Perfect Trend Line Indicator”. This version is adding a sort of signals filtering which helps in cleaning up some false signals that take place in the original version. There are two types of signals provided […]

Automatic Trendlines Histogram Indicator

Automatic Trendlines Histogram Indicator for MT4

Introduction to the Automatic Trendlines Histogram Indicator The Automatic Trendlines Histogram Indicator works in two fields simultaneously. It draws automatic trendlines and displays trend histogram bars at the same time. The auto trendline is your dynamic support and resistance levels, while trend oscillator (histogram) comes in handy as a trend direction filter. The Automatic Trendlines […]

FR Trendlines Indicator

FR Trendlines Indicator for MT4

Introduction to the FR Trendlines Indicator The FR Trendlines is a trend-following forex indicator that consists of two lines. These lines work in similar manner to the moving average. It is really simple to use that gauge. When the lines are blue color, and pointing up – there is a bullish trend and you should […]

Auto Trend Lines Channels Indicator

Auto Trend Lines Channels Indicator for MT4

Introduction to the Auto Trend Lines Channels Indicator The Auto Trend Lines Channels indicator detects the tops and bottoms of the market and connects these points with automatic trend lines. That gauge provides high accuracy in defining correct trend lines. Besides moving averages, auto trendline plays a vital role in spotting dynamic support and resistance […]

Automatic Trendline Indicator

Automatic Trendline Indicator for MT5

Introduction to the Automatic Trendline Indicator The Automatic Trendline indicator, as the name suggests, draws trendlines on the chart automatically. This indicator has six inputs. Users can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. One can set the width and color of the lines […]

Trend Channels Indicator

Trend Channels Indicator for MT4

Introduction to the Trend Channels Indicator The Trend Channels indicator is a custom forex tool that plots colorful trend channels directly on the main trading chart. You should look for buy opportunities when price reacts from lower trendlines, and similarly, you should look for sell opportunities when price reacts from upper trendlines. This indicator places […]

Perfect Trend Line Indicator

Perfect Trend Line Indicator for MT4

Introduction to the Perfect Trend Line Indicator The Perfect Trend Line Indicator is a custom trend-following forex trading tool that uses crossovers to generate buy and sell signals signalized by dots. Additionally, this indicator colorizes the candlesticks to green and pink. That forex indicator is simple, easy to use, and fits all kinds of timeframes […]

i-SKB-F Indicator

i-SKB-F Indicator for MetaTrader 4

Introduction to the i-SKB-F Indicator The i-SKB-F indicator is a Barishpolts’ moving channels and it is based on well know fractals indicator. That forex indicator draws trendlines or channel with a blue upper band and a red lower band. It fits all kinds of timeframes and currency pairs. The indicator is displayed directly on the […]

ABL Indicator

ABL Indicator for MetaTrader 4

ABL Indicator How to install the ABL forex indicator on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the ABL Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You can gain access to the folders this way: […]