Introduction to the High Way Channel Indicator The High Way Channel indicator draws a trading channel that automatically adjusts to the market moves. You should be looking for sell trades at the upper band (dark red color) and similarly, you should be looking for buy trades at the lower band (dark red color). That indicator…
Tag: channel indicators
Intraday Channel Breakout Indicator
Introduction to the Intraday Channel Breakout Indicator The Intraday Channel Breakout Indicator is an awesome trading tool for scalpers and intraday traders. As the name suggests, the main concept behind that gauge is to utilize breakouts and ICB does a great job at spotting them. Additionally, it colorizes candles to green or red, depending on…
RSI with Fibonacci Auto Channel Indicator
Introduction to the RSI with Fibonacci Auto Channel Indicator The RSI with Fibonacci Auto Channel indicator is based on the Relative Strength Index with some Fibonacci levels implemented into the code of this tool. The main bold signal line is colored pink and green and it switches its coloring depending on market trends. You should…
Trend Channels Indicator
Introduction to the Trend Channels Indicator The Trend Channels indicator is a custom forex tool that plots colorful trend channels directly on the main trading chart. You should look for buy opportunities when price reacts from lower trendlines, and similarly, you should look for sell opportunities when price reacts from upper trendlines. This indicator places…
P Channel Indicator
Introduction to the P Channel Indicator The P Channel Indicator is a custom forex technical analysis tool that consists of three elements: the mid-line and the two channel lines. When it comes to understanding the basic trading rules with this one, it is pretty straightforward. Simply look for buy opportunities when the price is above…
Starc Bands Indicator
Introduction to the Starc Bands Indicator The Starc Bands Indicator means Stoller Average Range Channels Bands indicator. In fact, it works in a similar manner to the Bollinger Band. The upper and lower bands are calculated around a simple moving average to predict price movement. A price swing to the upper band means potential pullback…
Zig Zag Corridor Indicator
Introduction to the Zig Zag Corridor Indicator The Zig Zag Corridor Indicator is, as the name suggests, a zigzag indicator but it additionally draws a price channel on the chart. It fits all kinds of timeframes and currency pairs. The default indicator settings can be modified directly from the input tab. Feel free to experiment…
TMA CG NRP Indicator
Introduction to the TMA CG NRP Indicator The TMA CG NRP indicator is a custom no repaint technical analysis tool for forex markets. It works similarly to the Bollinger Bands. Its upper band reflects the overbought price level, and the lower band reflects the oversold price level. Additionally, this forex indicator show buy and sell…
i-SKB-F Indicator
Introduction to the i-SKB-F Indicator The i-SKB-F indicator is a Barishpolts’ moving channels and it is based on well know fractals indicator. That forex indicator draws trendlines or channel with a blue upper band and a red lower band. It fits all kinds of timeframes and currency pairs. The indicator is displayed directly on the…
ABL Indicator
ABL Indicator How to install the ABL forex indicator on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the ABL Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You can gain access to the folders this way:…