Introduction to the Fan RSI Indicator The Fan RSI indicator is, as the name suggests, is a forex indicator based on the Relative Strenght Index, but it plotts multiple RSI on the same chart. That indicator is helpful in identifying the trend change at the early stage and allows traders to trade the first pullback…
Category: Forex MT4 Indicators
RSI MA Indicator
Introduction to the RSI MA Indicator The RSI MA custom forex indicator that is based on the Relative Strength Index and the Moving Average, but it works in simillar way to an oscillator. That gauge usually takes only two values: zero and one. When the red signal line indicates 0 value, is means a bearish…
CCI MA X2 Smoothed MTF Indicator
Introduction to the CCI MA X2 Smoothed MTF Indicator The CCI MA X2 Smoothed MTF indicator is a custom forex indicator based on Channel Commodity Index (CCI) and Moving Average. This is a multi time frame indicator. That gauge falls into the trend-following indicators family. When the white lines are aligned above the green lines,…
Aroon Indicator MT4 Free Download
Introduction to the Aroon Indicator The Aroon Indicator comes in handy for reading trends. Watch as the “Up Line” (Default color: Yellow) reaches 100 level (or near) – that means an uptrend takes place. Watch for the “Down Line” (Default color: Dodger Blue) reaches 100 level (or near) – that means a downtrend occurs. The…
DAT ATR Indicator
DAT ATR Indicator How to install the DAT ATR Indicator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the DAT ATR Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You…
BAT ATR Indicator
BAT ATR Indicator How to install the BAT ATR Indicator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the BAT ATR Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You…
Buy Sell SMA Smoothed Volume
Buy Sell SMA Smoothed Volume How to install the Buy Sell SMA Smoothed Volume on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the Buy Sell SMA Smoothed Volume into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You…
Best Candlestick Pattern Indicator
The candlestick patterns are patterns that take place on the Japanese candlestick charts. The candlestick chart is a type of chart that changes color based on whether price closed higher or lower than the open price. In other words, the candlestick charts are a technical tool that gathers data for multiple time frames into single…
Divergence Recognition Indicator
The Divergence Recognition Indicator is a custom forex indicator for Metatrader 4 (MT4) that automatically recognizes and displays divergences. The indicator itself is located in a sub-window placed just below the main trading chart, but the divergence trend lines are put in both places. MT4 Divergence Recognition Indicator Attributes: Currency pairs: any, but majors recommended…
Forex Reversal Indicator
The Forex Reversal Indicator displays on the charts reversal dots (suns). Look for buy trade opportunities when a dot has closed below candlesticks. Look for sell trade opportunities when a dot has closed above candlesticks. These signals should be confirmed with additional filter indicators. MT4 Forex Reversal Indicator Attributes: Currency pairs: any, but majors recommended…