The VHF Adaptive ADX Metatrader 5 forex indicator is a modified ADX indicator with some unique features. Unlike the traditional ADX indicator, this version clearly displays the positive and negative ADX half-waves (depicted as a colored line within the indicator window). How it works A bullish trend occurs when the dual colored ADX line is positioned […]
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The Adaptive RSX Metatrader 5 forex indicator is an all-pass filter that gets deployed when processing currency signals. It’s a colored oscillator that provides great buy and sell trading signals for scalpers and day traders alike. How the signals work A bullish trend occurs when the line changes color from deep pink to green. A bearish […]
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The Simple oscillator Metatrader 5 forex indicator was designed as an experiment. The experiment is to see how simple an oscillator can get and still be usable. It turned out that this approach was enough to sum prices in a particular manner to yield an oscillator. The Simple oscillator Metatrader 5 forex indicator behaves fairly […]
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The Dōteki Heikin Ashi (Dynamic Average Foot/Bar) Metatrader 5 forex indicator allows traders alter its period to whatever value one wishes to use. This version of the Heikin Ashi has the option of using an almost Zero-Lag EMA, which is equipped to spot changes in trend more quickly, particularly when on longer periods of averaging. […]
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The Directional Breakout MT4 indicator reacts fast to short-term trend changes which makes it perfect for scalping and day trading. A short-term bullish trend occurs when the indicator draws green histogram bars above the zero level. A short-term bearish trend occurs when the indicator draws red histogram bars below the zero level. Yellow bars represent […]
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The Dinapoli Targets forex indicator for MT4 is an easy to understand buy and sell trading indicator invented by Joe DiNapoli. The indicator provides you with the buy/sell entry signal (white dotted line), the suggested stop-loss level (red dotted line) along with 3 profit target levels (green line, yellow line and purple line). How to […]
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The Digital MACD V2 forex indicator is a simplified variant of the highly popular MACD indicator. MACD is often used in successful forex systems and trading strategies. How it works The Digital MACD V2 fluctuates above and below the 0.00 zero level. The trend is considered bullish when the Digital MACD histogram is positioned above […]
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The Munyuk MT4 forex indicator is quite a popular short-term trend following trading indicator that works well. Munyuk identifies the short-term bullish and bearish currency trend for any pair. It works great for both scalping and day trading. How it works The Munyuk indicator draws colored buy/sell dots in a separate Metatrader 4 window. A green dot […]
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The Darvas Box Breakout forex indicator for Metatrader 4 was developed by Nicolas Darvas. The Darvas Box is mostly used to identify new market trends on the daily charts. Therefore, this trend indicator doesn’t require too much work to follow its daily buy/sell signals and suits part-time forex traders. How it works The Darvas Box […]
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Do you like to trade solid breakouts? The daily support & resistance breakout forex MT4 indicator is all you need. The indicator draws the daily support and resistance level on the chart. The red line represents daily resistance while the blue line daily support. How to trade? Buy breakout: the price must cross and close […]
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