Introduction to the AggM Indicator The AggM Indicator is a composite trend and mean-reversion indicator, but the signals are provided in the form of an oscillator line. When it comes to the trading rules with the AggM indicator, it looks like the following. Long trades are triggered when the indicator’s value rises above 0.7 level.…
Tag: reversal indicators
Turn Area Forex Indicator
Introduction to the Turn Area Forex Indicator The Turn Area Forex Indicator is a combination of Relative Strength (RSI) and Exponential Moving Average (EMA). The signals are represented in a form of the histogram bars that can reach overbought/oversold levels (20/-20 respectively). Due to the nature of its signals, that forex indicator can be considered…
Stochastic Divergence Indicator
Introduction to the Stochastic Divergence Indicator The Stochastic Divergence Indicator automatically recognizes divergences between price and Stochastic Oscillator. When the signal is spotted, it plots a buy/sell arrow accordingly. That technique defines the potential reversal of the market. The Stochastic Divergence Indicator fits all kinds of timeframes and currency pairs. It is displayed in a…
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…
Vortex Indicator
Introduction to the Vortex Indicator The Vortex Indicator is a forex technical analysis tool that is appreciated by traders as a provider of reliable and accurate trading signals. The Vortex indicator is best used to spot trend reversals and confirm ongoing trends using a pair of oscillating lines. It can be considered as a classic…
Parabolic SAR Indicator
Introduction to the Parabolic SAR Indicator The Parabolic SAR Indicator is a forex technical analysis tool used to trade with the trend direction, but also to identify points of potential stops and reverses. In fact, the SAR abbreviation in Parabolic SAR stands for “Stop and Reverse”. The indicator is made of dots that flow above…
Keltner X2 MTF TT Indicator
Introduction to the Keltner X2 MTF TT Indicator The Keltner X2 MTF TT is a custom forex indicator that displays two Keltner Channel bands and the best fit for that gauge is a reversal strategy. Due to applying these dual bands, a trading event happens that bands of one channel touch and cross through bands…
Mass Index Indicator
Introduction to the Mass Index Indicator The Mass Index (MI) indicator is used as an accurate trading tool to pinpoint trend reversals as they occur on the chart. That forex indicator is built around the changes between the highest and the lowest prices. The indicator is displayed in a separate window placed just below the…
Forex Profit Boost Indicator
Introduction to the Forex Profit Boost Indicator The Forex Profit Boost indicator is a trend-following tool, that can be also used as a reversal indicator. With the help of that gauge, you will easily know when the new trend is starting and when the current one is ending. The best results with the indicator you…
Agimat Reversal Indicator
Introduction to the Agimat Reversal Indicator The Agimat Reversal indicator is based on the zigzag reversal patterns and therefore offers great entry points and exit points. The indicator recognizes the tops and bottoms of the market. It marks these levels with arrows. Once the forex indicator displays a UP arrow, a trader can place a…