Introduction to the Macdio Trigger Forex Indicator The Macdio Trigger Forex indicator is a trend indicator based on the famous Moving Average Convergence Divergence gauge. The core of that indicator is a dotted line that takes three colors: pink, green and yellow. When the dots are green (above 0 level) – there is an uptrend…
Tag: trend indicators
Trend Strength Indicator
Introduction to the Trend Strength Indicator The Trend Strength indicator uses custom calculations based on the Relative Strength Index to determine the direction of the trend. The indicator is displayed in a separate window placed just below the main trading chart. You will find three lines: gray Smoothed RSI, blue UpTrend line, and red DnTrend…
Precision Trend Indicator
Introduction to the Precision Trend Indicator The Precision Trend indicator recognizes the trend direction and overlaps default candles to according colors (lime/orange). The signals provided by that tool are really easy to read – you can use it for standalone scalping, swing trading, and reversals. It is a NON REPAINT indicator, so you can backtest…
Dollar Pile Indicator
Introduction to the Dollar Pile Indicator The Dollar Pile forex indicator recognizes trend direction in the present and past periods of time. The signals are represented in the form of bricks – red color means bearish trend and green means bullish trend. That indicator can be used as a trend direction filter in your favorite…
ADX VMA Trend Indicator
Introduction to the ADX VMA Trend Indicator The ADX VMA Trend indicator uses adxvma steps to show the trend and its strength. The values can be smoothed using one of the 5 smoothing types: simple moving average exponential moving average smoothed moving average linear weighted moving average adxvma average Red bars reflect a bearish trend…
Trend Quality Indicator
Introduction to the Trend Quality Indicator The Trend Quality indicator was first introduced by David Sepiashvili. It is a trend detection and estimation tool that is based on a two-step filtering technique. It measures cumulative price changes over term-oriented semicycles and relates them to “noise.” The Trend Quality indicator works in a similar manner to…
Tidane Trend Indicator
Introduction to the Tidane Trend Indicator The Tidane Trend indicator determines whether the trend is bullish or bearish. The signals are represented in a form of the one side band (upside/downside), which consists of multiple dots connected by a line. It fits all kinds of timeframes and currency pairs. The default settings can be modified…
Chimp Indicator
Introduction to the Chimp Indicator The Chimp Indicator is a custom forex trading tool that presents its signals in the form of a histogram. The indicator is displayed in a separate window placed just below the main trading chart. The green and red bars move in above and below 0 level and you should trade…
TrendlessOS Histogram Indicator
Introduction to the TrendlessOS Histogram Indicator The TrendlessOS Histogram Indicator is a custom forex trading tool presented in the form of a histogram. 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…
TMA Trace MTF Indicator
Introduction to the TMA Trace MTF Indicator The TMA Trace MTF Indicator is the result of a combination of the Average True Range (ATR) and the Moving Average (MA). This tool is helpful for recognizing the market trend direction and dynamic support or resistance levels. The indicator is displayed directly on the main trading chart.…