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Trend Transition

Trend Transition is a hybrid indicator, as it is based on signals from several well-known products: RSI and MA. MA is a trend indicator of the average true range, which determines the range of minimum and maximum price fluctuations, as well as closing prices. RSI is an indicator of the family of oscillators. The indicator helps to calculate the oversold and overbought levels of a trading instrument.

When a trend changes, the Trend Transition indicator uses a color alarm: blue - when changing from downward to upward, and red - on the contrary, to downward. You can use the indicator when entering the market, after its correction. If the indicator changes color to blue, you need to wait for the first downward correction and then open transactions for the purchase of an asset. And for sale (color change to red), wait for the first upward correction and sell the asset on it.

It should be remembered that there are no indicators that are not mistaken. Any strategy requires confirmation of its signals. When building your own system, it is recommended to use several indicators. Also, you never need to risk more than 2% of your capital in one transaction. Such an approach will protect the trader from ruin and allow him to earn stable income.
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4.64 (11)
The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
XQ Indicator MetaTrader 4
Marzena Maria Szmit
4 (4)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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