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Bar Strength Divergence indicator for MT4

5

Bar Strength Divergence Indicator for MT4

BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.
BarStrength Indicator shows the strength of each candle.
The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market.
Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles.
Once candle is near support it is highly probable that price movement will change direction and will go up in the next candles.
The indicator can also be used to easily spot divergences between real price movement (main chart) and BarStrength indicator movement (indicator window).

The only input of the indicator is :

  • MaxBars: number of candles to be displayed with the indicator

BarStrength indicator can be combined with other oscillators like Stochastic or RSI for confirmation purposes.
The indicator can work with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The indicator can be used with any time frame.

Bewertungen 2
matador0312
87
matador0312 2022.12.31 08:20 
 

Simply the best divergence tool. No repaint, no bugs! Great Job. 👍👍👍

ebel
1196
ebel 2022.10.16 08:48 
 

I am loving this indicator. I am renting for a month and have made more than enough in two or three days to buy it at the end of the month. I am using two types of entry: 1. if bar strength is near or below the lower level and the trend bias is long, I scalp long (and vice versa for short) 2. if bar strength goes beyond either the upper or lower level and divergence subsequently appears, trade in the direction of the indicator. There are many opportunities.

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Derzeit 20% reduziert! Dieses Dashboard ist eine sehr leistungsfähige Software, die mit mehreren Symbolen und bis zu 9 Zeitrahmen arbeitet. Es basiert auf unserem Hauptindikator (Beste Bewertungen: Advanced Supply Demand ).   Das Dashboard gibt einen guten Überblick. Es zeigt: Gefilterte Angebots- und Nachfragewerte einschließlich der Zonenstärkebewertung, Pips-Abstände zu/und innerhalb von Zonen, Es hebt verschachtelte Zonen hervor, Es gibt 4 Arten von Alarmen für die gewählten Symbole in
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
Oni Scalper
Goh Cheng Wai
5 (2)
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
Best Currency Strength Indicator
Tumelo Patrick Rakotsoane
4.59 (46)
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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Inside Bar indicator for MT4
Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
5 (1)
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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Matrix indicator for MT4 by ITC
Renaud Herve Francois Candel
Matrix Indicator Matrix Indicator is a simple but effective indicator. Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator. This makes it easy to identify when all indicators are aligned and spot high probability entries. Inputs of indicator are: Indicator: RSI, Stochastic, CCI, Bollinger Bands Param1/Param2/Param3: usual settings for the indicator ValueMin: Oversold level for oscillator ValueMax: Overbought level for oscillator The indicator
OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number
Trend Direction ADX indicator for MT4 Trend Direction ADX is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction ADX is based on ADX standard indi
Trend Strength MA indicator Trend Strength MA is a part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc. Trend Strength MA is an indicator to be used to characterize trend strength: Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extremely
Trend Direction Up Down indicator Trend Direction Up Down is part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility. Trend Direction Up Down is an indicator to be used to characterize trend direction (medium term trend): trending up trending down ranging Trend Direction Up Down is ba
Auswahl:
matador0312
87
matador0312 2022.12.31 08:20 
 

Simply the best divergence tool. No repaint, no bugs! Great Job. 👍👍👍

ebel
1196
ebel 2022.10.16 08:48 
 

I am loving this indicator. I am renting for a month and have made more than enough in two or three days to buy it at the end of the month. I am using two types of entry: 1. if bar strength is near or below the lower level and the trend bias is long, I scalp long (and vice versa for short) 2. if bar strength goes beyond either the upper or lower level and divergence subsequently appears, trade in the direction of the indicator. There are many opportunities.

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Version 2.0 2023.07.02
New compilation
Version 1.90 2023.01.18
Technical update - no change in the features