The ZeroLag MACD expert advisor is an automated trading tool based on the MACD indicator with zero delay. Buy and sell signals are based on the zero line crossover of the ZeroLag MACD indicator. The trend is positive when the ZeroLag MACD indicator trades above it’s zero line. The trend is negative when the ZeroLag […]
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This simple MT4 indicator displays the previous weekly high and low price + previous daily high and low price. It’s a great price action indicator that can be used to trade daily and weekly price breakouts. The indicator plots the H-L levels directly on the trading chart. How to trade price breakouts? A buy breakout […]
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The bid ask spread forex indicator for MT4 is a handy tool that displays the bid/ask/spread in real-time for any currency pair. The bid/ask/spread colors and fonts can be fully modified from the indicator’s inputs parameters. In the EUR/USD H1 chart shown below, the ask price is 1.08382, the bid price is 1.08372 and the […]
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The grid round numbers indicator for MT4 draws a grid at round numbers. For example at 1.100, 1.1150, 1.1200, 1.1250, and so on. Why might this be a useful Forex trading indicator? Some traders place a stop loss near round numbers Usually above the round number for sells and below the round number for buys. […]
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The super Stochastic buy/sell indicator is a colored trend-following signals oscillator that works well for any pair and time frame. It combines the traditional Stochastic oscillator with a moving average. Super Stochastic uses a default 89 period for Stochastic and 9 for the moving average. Buy and sell signals goes as follows: A green oscillator […]
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The ADX trend MTF indicator draws accurate buy and sell signals on any currency chart. Signals are based on the ADX and Heiken Ashi technical indicators. It’s trend following in nature and works well in trending markets. The indicator displays the ADX MTF trend in a separate MT4 window while also drawing the buy and […]
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The perfect trend line MT4 indicator is an accurate buy/sell forex trading indicator that is based on the most powerful trend lines. The indicator is very easy to use, in fact, you don’t need to draw any trend lines at all on the chart. The perfect trend line indicator does all the hard work for […]
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The trend direction force MT4 indicator is a trend following buy/sell signal oscillator that works well for any currency pair and time frame of your preference. Extreme values fluctuate between 1 and -1. Buy and sell trends are easy to follow with this oscillator: A buy trend occurs when the red oscillator signal line rises […]
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The target bands forex MT4 indicator draws dynamic bands on the activity chart. When the trend is up, the target bands will slope up. Likewise, when the trend is down, the target bands will slope down. Every time price touches the bands, the indicator will paint a signal circle on the chart. It’s important to […]
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The low pass BB bands MT4 indicator provides buy and sell signals based on a modified version of the popular Bollinger bands technical indicator. The indicator is composed of 3 Bollinger Bands: The upper red Bollinger Band The middle line The lower green Bollinger Band The low pass BB indicator paints magenta and aqua colored […]
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