Introduction to the FX5 MACD Divergence Indicator The FX5 MACD Divergence indicator draws divergence lines on the MACD indicator and will give buy and sell signals by displaying green and red arrows. It also has a built-in alert function. As the original indicator, bullish divergence is plotted in green lines while bearish divergence is plotted…
Category: Forex MT4 Indicators
Forex Entry Signal++ Indicator
Introduction to the Forex Entry Signal++ Indicator The Forex Entry Signal++ indicator is a custom forex indicator that displays buy/sell arrows. Additionally, it colorizes bars, but you will need to switch to a line chart or bar chart. It fits all kinds of timeframes and currency pairs. The indicator is displayed directly on the main…
Profit Indicator
Introduction to the Profit Indicator The Profit indicator is a custom crossover forex indicator that was designed to give its users good profits from the currency market. It consists of two elements: the main green/red signal line, and the yellow line. Simplified trading rules with the Profit Indicator: Buy entry – main signal lines is…
Zone Trade Indicator
Introduction to the Zone Trade Indicator The Zone Trade is a forex indicator that uses momentum, acceleration and price confirmation for the color of candles. This approach of trading was first mentioned by Bill Williams and he calls it trading in the zone. There are three types of trade zones: Buy Zone – a candle…
Skdon Trend Indicator
Introduction to the Skdon Trend Indicator The Skdon Trend is a reliable and accurate buy/sell arrows forex indicator. That gauge tries to pick the new market trend at its very beginning. It also allows you to exit before the market reversal. Thanks to the simplicity of that indicator, it will make you more consistent profits…
FR Trendlines Indicator
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…
Alfa Profit V3 Indicator
Introduction to the Alfa Profit V3 Indicator The Alfa Profit V3 is a simple buy/sell arrows forex indicator. You can use it in scalping as it gives pretty early entry points, however, we suggest adding some trend direction filter. It fits all kinds of timeframes and currency pairs. The indicator is displayed in a separate…
COG MACD Trend Indicator
Introduction to the COG MACD Trend Indicator The COG MACD Trend is a forex trend indicator based on popular Center of Gravity and Moving Average Convergence Divergence indicators. That gauge gives an interesting trend-following channel wrapped around the MACD bars. It’s really easy to follow the signals provided by the COG MACD indicator: The trend…
Volume Profile on Time Range Indicator
Introduction to the Volume Profile on Time Range Indicator The Volume Profile on Time Range indicator provides a volume profile for a specific period of time. The volume profile is displayed on the right side of the trading chart in the form of olive-green bars. The best entry points occur when the bars are small,…
RSI Divergence Alert Indicator
Introduction to the RSI Divergence Alert Indicator The RSI Divergence Alert indicator is a custom variation of the Relative Strength Index indicator that provides alerts when buy/sell signals occur. It fits all kinds of timeframes and currency pairs. The indicator is displayed in a separate window placed just below the main trading chart. The default…