Introduction to the Absolute Strength Oscillator Indicator The Absolute Strength Oscillator is a trend-following forex indicator. It measures two main forces driving the markets: bulls and bears. In other words, it shows whenever the dominant side are buyers or sellers. Buyers are represented by a green line, and similarly, sellers are represented by a red…
Tag: oscillator indicators
OBV Divergence Indicator MT4
Introduction to the OBV Divergence Indicator The OBV Divergence indicator is, as the name suggests, a forex trading tool that shows On Balance Volume divergences. When you load up the indicator into charts you should still adjust its settings. There are two options you will need to turn on. Set both the drawIndicatorsTrendlines and drawPriceTrendLines…
PCCI Indicator
Introduction to the PCCI Indicator The PCCI Indicator is a custom forex technical analysis tool that calculates the difference between the closing price of a period and its statistical expectation. You should look for buy trades when the indicator rises above the zero level. Take a look at higher timeframes charts to confirm the bullish…
Bounce Strength Indicator
Introduction to the Bounce Strength Indicator The Bounce Strength Indicator is a forex technical analysis tool that shows the strength of a market bounce. The indicator is located in a separate window placed just below the main trading chart. The strength of the buyers and sellers in the market is displayed in the form of…
Advanced Get Oscillator Indicator
Introduction to the Advanced Get Oscillator Indicator The Advanced Get Oscillator Indicator is a custom technical analysis tool that consists of oscillator bars and two bands. The indicator is displayed just below the main trading chart in the form of a histogram that fluctuates above and below the zero level. Values above zero level reflect…
Anything Indicator
Introduction to the Anything Indicator The Anything Indicator is a custom forex tool that works in a similar manner to the oscillator. The indicator is displayed just below the main trading chart. We suggest to use it as a filter for opening and exiting transactions. Go ahead and add it to your best trading system.…
Wildhog Indicator
Introduction to the Wildhog Indicator The Wildhog indicator is a custom forex oscillator. It shows an overbought/oversold market levels, as well as it recognizes divergences. The indicator is plotted both directly on the main trading chart and in the sub-window placed below. We suggest to use it as a filter for opening and exiting transactions.…
TRSI Indicator
Introduction to the TRSI Indicator The TRSI Indicator is a custom forex oscillator that consists of the EMA, SMA, and RSI. The indicator is displayed in a separate window placed just below the main trading chart. It fits all kinds of timeframes and currency pairs. The default indicator settings can be modified directly from the…
Volitility BB Indicator
Introduction to the Volitility BB Indicator The Volitility BB Indicator is a custom forex tool that displays the volatility of the Bollinger Bands. The indicator is displayed in a separate window placed just below the main trading chart. We suggest to use it as a filter for opening and exiting transactions. Go ahead and add…
Ehlers Fisher Transform MTF Indicator
Introduction to the Ehlers Fisher Transform MTF Indicator The Ehlers Fisher Transform MTF indicator is a multi-timeframe version of the original Ehlers Fisher Transform. The indicator is displayed in a separate window placed just below the main trading chart. We suggest to use it as a filter for opening and exiting transactions. Go ahead and…