Introduction to the Ultimate SSL MTF Indicator The Ultimate SSL MTF Indicator works in a very similar manner to the Bollinger Bands indicator. It displays upper and lower bands and a middle line. It is suitable for trend-following and reversal trading. The Ultimate SSL MTF Indicator is, as the name suggests, an MTF (multi time…
Category: Forex MT4 Indicators
PTS MACD Divergence Box Indicator
Introduction to the PTS MACD Divergence Box Indicator The PTS MACD Divergence Box Indicator automatically scans and detects the divergences between the price and Moving Average Convergence Divergence. What distinguishes this forex divergence indicator from others is that it marks green and red boxes on the charts. Such a box defines an area of divergence…
Vidya Indicator
Introduction to the Vidya Indicator The Vidya Indicator is a trend-following forex indicator that works in a very similar manner to the Moving Average. The abbreviation Vidya stands for the Variable Index Dynamic Average. The formula for Vidya is based on the Exponential Moving Average (EMA), but additionally with the dynamically altering period of averaging,…
No Repaint Indicator
Introduction to the No Repaint Indicator The No Repaint Indicator is, as the name suggests, forex no repaint indicator. It means that it doesn’t change the provided trading signals. Thus, this is a huge advantage for many traders, as they can rely on solid and accurate indicator that can be easily backtested. Speaking about trading…
Ichimoku Signals Cloud Indicator
Introduction to the Ichimoku Signals Cloud Indicator The Ichimoku Signals Cloud Indicator is an advanced Ichimoku Kinko Hyo forex indicator with some additional moving average crossover trading signals. It is a trend-following indicator in nature. That gauge is suitable for both beginners and advanced forex traders. The Ichimoku Signals Cloud Indicator fits all kinds of…
Advanced MTF RSI Indicator
Introduction to the Advanced MTF RSI Indicator The Advanced MTF RSI Indicator provides the oversold/overbought levels of several different time frames by using only one chart. A trader can use it for confirmation of short-term trades by seeing higher time frame RSI levels. In simple words, you will have Relative Strenght Index values of different…
WPR Smooth Histogram MTF Indicator
Introduction to the WPR Smooth Histogram MTF Indicator The WPR Smooth Histogram MTF Indicator is a forex trading indicator based on the Williams’ Percent Range determining forces of bulls and bears in the market. As the name suggests, this is a histogram so the trading signals are represented in the form of histogram bars. Moreover,…
Parabolic Regression Stop & Reverse Indicator
Introduction to the Parabolic Regression Stop & Reverse Indicator The Parabolic Regression Stop & Reverse Indicator is a pretty complex forex indicator as it calculates the dynamic regression channel and trendline channel. Therefore, it may be considered as a standalone mini-trading system. It provides all the necessary data for complete trading, including entry points and…
Kuskus Starlight Indicator
Introduction to the Kuskus Starlight Indicator The Kuskus Starlight Indicator is an excellent forex trend identifying gauge. It works in a similar manner to the oscillator and therefore, it represents the simplest possible way for demonstrating the direction and strength of these market trends. Besides experienced forex traders, beginners also appreciate this trend detector for…
CCI Divergence Indicator
Introduction to the CCI Divergence Indicator The CCI Divergence Indicator is, as the name suggests, a forex trading tool based on Commodity Channel Index that automatically recognizes hidden divergences between price and CCI. Detecting divergence manually is not an easy task. Luckily, the CCI divergence indicator gets the job done automatically, without hassle on the…