Introduction to the Kwan NRP Indicator The Kwan NRP Indicator is a custom forex oscillator. It is a non repaint indicator. It consists of one main signal line that takes blue color when trend-momentum is bullish, and red when it is considered bearish. The Kwan NRP Indicator fits all kinds of timeframes and currency pairs.…
Category: Forex MT4 Indicators
Forex Pro Shadow Indicator
Introduction to the Forex Pro Shadow Indicator The Forex Pro Shadow Indicator recognizes tops and bottoms of the market, therefore you can successfully use it for swing trading. You can call it a “smiley” indicator as it provides trading signals with “face” marks. Both beginners and advanced forex traders can try that Forex Pro Shadow…
Renko Charts Indicator
Introduction to the Renko Charts Indicator The Renko Chart was originally developed by Steve Nison and first introduced to the world in his book “Beyond Candlesticks”. What actually is a Renko Chart? Simply speaking, it is a type of price charting. I am sure you know about the Japanese Candlestick Charts, Bar Charts, Line Charts.…
QQE Histogram Indicator
Introduction to the QQE Histogram Indicator The QQE Histogram Indicator is another variation of the original QQE indicator, which was only used to show the QQE values. The QQE Histogram indicator, as the name suggests, shows signals in the form of a histogram, demonstrating a clear momentum overview and overbought/oversold levels. The QQE Histogram Indicator…
MACD OsMA on Chart MTF V2 Indicator
Introduction to the MACD OsMA on Chart MTF V2 Indicator The MACD OsMA on Chart MTF V2 Indicator is a forex indicator that defines the market trend and additionally signals for trade entries by using clear upward/downward arrows. What’s more, it places an orange overall on candlesticks when the trend is bearish. Similarly, you can…
Be Forex Guru Indicator
Introduction to the Be Forex Guru Indicator The Be Forex Guru Indicator is a simple but accurate trend-following forex indicator. Behind the scenes, it uses several indicators to calculate its trading signals, which are then presented in a really effortless form, namely buy/sell arrows. It is a good fit for both beginners and advanced forex…
Parabolic SAR of MA MTF Indicator
Introduction to the Parabolic SAR of MA MTF Indicator The Parabolic SAR of MA MTF Indicator is, as the name suggests, an forex indicator that combines Parabolic SAR and Moving Average. Such a mix of the two most popular forex trend indicators results in giving the best entry signals at the points of a trend…
VWAP Plus Indicator
Introduction to the VWAP Plus Indicator The VWAP Plus Indicator is just another variation of the Volume Weighted Average Price indicator. The Plus, in this case, means additional lines that act as dynamic Support Resistance levels. They can also work as Take Profit targets. Nonetheless, the basic principle stays the same. Long trades above the…
Linear Regression Channel Indicator
Introduction to the Linear Regression Channel Indicator The Linear Regression Channel Indicator is one of the most popular forex price channel indicators, including Fibonacci Channel, Keltner Channel, or Andrews Pitchfork Channel. It consists of three extensions to each side. These extensions are used to analyze the upper and lower limits of an ongoing trend. It…
Automatic Trendlines Histogram Indicator
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…