Introduction to the Secret Profit Levels Indicator The Secret Profit Levels indicator is a complete trading formula that provides traders with the forex entry point, take profit target 1 level and take profit target 2 level. You will find two zones on the chart. When the price breaks into the green zone, it works as…
Category: Forex MT4 Indicators
WATR Simple Trend Indicator
Introduction to the WATR Simple Trend Indicator The WATR Simple Trend indicator is a custom forex indicator that shows market trends in the form of an upside/downside band. As the name suggests, it’s really simple to use that indicator. When the coral color band is moving below the candlesticks – it means there is a…
SMA Rainbow Trend Indicator
Introduction to the SMA Rainbow Trend Indicator The SMA Rainbow Trend indicator is a very popular trend-following indicator that consists of multiple colorful moving averages. The way to use that gauge is really simple. When all moving averages are pointing up – there is a bullish trend. Similarly, when When all moving averages are pointing…
All In One Divergence Indicator
Introduction to the All In One Divergence Indicator The All In One Divergence indicator recognizes and marks divergences between price and the Relative Strength Index (RSI) technical indicator. There are two types of divergences: bullish (upward price move) and bearish (downward price move). It is pretty easy to follow the signals, simply follow these suggestions:…
Bid Ask Spread Indicator
Introduction to the Bid Ask Spread Indicator The Bid Ask Spread indicator is a useful gauge that displays the bid/ask spread in real-time for any currency pair. In the top right corner of the chart, you will see three values displayed. The green one is ask price, the red one is bid price, the orange…
Time Zones Indicator
Introduction to the Time Zones Indicator The Time Zones indicator shows the current time of the most active forex markets in the world. Starting from Home (your location), New York, London, Tokyo, Sidney, and finishing with the time provided by a server/broker. The red-colored lines indicate currently active trading zones. It fits all kinds of…
Auto Trend Lines Channels Indicator
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…
Zwinner Trend Indicator
Introduction to the Zwinner Trend Indicator The Zwinner Trend Indicator is a simple, but effective forex trend recognition tool. The provided trading signals are represented in the form of green and red bars. As you can probably guess, green bars indicate a bullish trend, and red bars indicate a bearish trend. Both beginners and advanced…
Three Moving Averages Convergence/Divergence (MAxCD) Indicator
Introduction to the Three Moving Averages Convergence/Divergence (MAxCD) Indicator The Three Moving Averages Convergence/Divergence (MAxCD) indicator also known as MAxCD, is a signal oscillator that consists of three moving averages. This forex indicator draws three colored histogram bars that float above and below the zero level. Each color of the histogram bar represents each moving…
Trend Direction Force Indicator
Introduction to the Trend Direction Force Indicator The Trend Direction Force indicator is a trend-following buy/sell signal oscillator that works really well. The signal line moves between extreme values of 1 and -1. Most of the time it hovers around 0 level, and the signal occurs when it shoots up or down. It fits all…