Technical Indicators for MetaTrader 4 - 63

The indicator compares pattern found on chart history with the current price movement. Since history repeats itself, then, by comparing the two patterns, indicator can predict the further movement of the price. The indicator allows you to overlay highlighted history pattern with current movement and you will visually see this movement and will be able to compare the past and the present. To compare two patterns, you need: It is necessary to find and highlight a pattern on the history chart of a

The indicator uses the Envelopes channel in its calculations, which allows working with dynamic support and resistance levels. It also considers the direction and strength of the trend, as well as the mathematical calculation that determines the percent range of the price channel, which is generally formed at the time of the accumulation of positions. It first generates a preliminary signal in the form of a round arrow. Then it is necessary to wait for a normal arrow and enter the market only af

The Master Figures indicator analyzed the market for the most common chart patterns. The first pattern is called Pin bar . This pattern can rightly be considered one of the most widespread. This pattern looks like a candle with a small body and large tail (wick). Once you see it on the chart, open a position against the wick. It is better to use the resistance lines for closing. Master Figures shows this pattern in the form of circles. A position should be opened when a new candle appears after

ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation u

The indicator is designed for determining Fibonacci levels. Does not repaint/redraw The blue level shows the zero Fibonacci value (it is also the Pivot level) Red levels show calculated Fibonacci levels (used as a rollback or reversal point) Automatic period detection (periods can be entered manually) Adjustable display calculation method. Settings BarsHistory - the number of bars to be used to display the indicator. Method - method of calculation. AutoPeriod - automated period calculation (true

The TrendsAssistantMt4 indicator is shown in a separate window in the form of rhombi of different colors: red rhombi indicate a drop in the price, green ones signify a growth. Two rhombi of the same color in a row serve as the trade signals. The indicator should be attached to a chart of any timeframe and any trading symbol. Parameters Per - period for calculation. The greater the period the longer the indicator is calculated and the less the number of false signals.

Openology is a very simple indicator that can show the historical information of the opening price levels. The histogram has in fact the task of showing the history of this value in order to study the conditions of permanence and duration of this very important market condition. The indicator, in separate window, is not intrusive and through its internal customization extremely simple in use. Very important is the possibility to enable or disable a timeframe to show the agreement of study on Ope

This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. With adjustable Fibonacci range and has an alert function. What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how

BinaryIndicator is a highly accurate indicator for trading binary options. It shows excellent results in scalping. This indicator is based in multifactor analysis of trend indicators, as well as confirmation oscillators, which in the end gives an increased accuracy of signals. Advantages of the indicator Increased accuracy of signals. Excellent results when trading binary options with a short expiration time from M30 to M1 . It works on any timeframes. Works with any trade symbols. Parameter

This oscillator is smooth as the name implies. It also shows hidden divergence arrows. The indicator also has multi timeframe features to make it very flexible to use. The multi time frame features can be adjusted as follows: 1 or M1, 5 or M5, 15 or M15, 30 or M30, 60 or H1, 240 or H4, 1440 or D1, 10080 or W1. Indicator parameters Timeframe - When set to 0, works on the current timeframe. Draw Divergence arrows - If set to True allows divergence lines to be drawn. Display Alert - If set to Tru

Some traders experience difficulties when it comes to limiting risks. This indicator helps traders define a suitable stop loss to limit trading risks. The indicator provides seven levels of risk limitation (recommended values are 1-3). The greater the risk, the greater the stop loss. Accordingly, the lower the risk, the smaller the stop loss, but the greater the probability of false triggering. In addition, the indicator shows trend signals and the current trend strength. This data can be used t

This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr

The product is based on a number of standard indicators. It shows strong trends on large timeframes – H4 (recommended) and higher. I recommend using confirming indicators on lower timeframes for trading. The product works on any symbols. Low volatility symbols are recommended.

This indicator is a multitimeframe trading strategy. It has the levels for stop loss, take profit and entry point. The order level can also be set manually. The indicator uses the regularity of the market, which manifests itself on all instruments, and does not require adjustment of the parameters. The strategy uses a proprietary approach to determining: trend, volatility, hierarchy of timeframe significance, the size of the history period (the number of candles), which is important for making a

This indicator shows the main trend on the current chart. Features This indicator includes two bands, one is the inner white bands, another is the outer blue bands. If the white dotted line crosses down the white solid line, this means that the trend has changed to be bearish. If the white dotted line crosses up the white solid line, this means that the trend has changed to be bullish. Once the crossing happened, it will not repaint. Settings ShowColorCandle: if 'true', it will show the colo

The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade. This article will attempt to clarify the complexity surrounding these concepts by focusing on the basics of what traders need to know. You'll learn that these terms are used by traders to refer to price levels on charts that tend to act as barriers from preventing the price of an

This indicator is different from the conventional indicator by an additional set of parameters. The ADX line changes color depending on the location of the +DI and -DI lines relative to each other. Indicator Inputs Period — indicator calculation period; Method — select the averaging method: simple, exponential, smoothed, linear-weighted; Apply to — select the applied price: Close, Open; High; Low; Median; Typical; Average Weighted; By default, the directional lines are colored in the following

The Commodity Channel Index (CCI) is an oscillator that is often used by forex traders to identify oversold and over bought conditions much in the same way as the RSI or Stochastics. How it Works The idea behind this indicator is simple, we wait for price to reach an extreme (overbought or oversold) and then trade when price appears to change direction in the hope of catching a move out of the area. Buy signals - The indicator waits for the CCI to become oversold (a value below -100). The indi

Alarm arrow indicator of increased sensitivity After closing the candle the arrows do not disappear Allows you to enter the transaction on time at the lowest price movements Can be used on any currency pairs, metals and cryptocurrency Suitable for working with binary options Distinctive features Does not redraw; Determines the price correction; Advanced settings for fine tuning; Works on all timeframes and on all symbols; Suitable for trading currencies, metals, options and cryptocurrency (Bitco

A classic indicator with advanced features for more accurate display of the market situation. All settings of all moving averages are available, such as the moving average type and the priced used in its calculation. It is also possible to change the appearance of the indicator - line or histogram. Additional parameters provide the ability of fine tuning. Distinctive features Does not redraw. Additional parameters for fine tuning. Displayed as a line or as a histogram. Works on all timeframes

Power Index Fx is a new generation indicator that allows an intelligent multi Timeframe analysis. The indicator is flexible and completely customizable. Its positioning in separate window makes it unobtrusive and extremely functional. Its formula of calculation makes it a fundamental tool for identifying possible moments of continuation in favor of Trend. Power Index Fx is a professional tool able to increase your operational potential. Input Values DASHBOARD SETTINGS How many symbols to show

Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use

The Bollinger Bands Oscillator is an oscillator based on the "Mastering the Trade" strategy by John Carter. The strategy aims to track the movement from low to high volatility. The Bollinger Bands Oscillator measures the market's momentum. If volatility increases, Bollinger Bands is expanding and encircling the Keltner channel. Bollinger Bands Oscillator uses Bollinger Bands and Keltner Channel. The Momentum indicator is also used as a confirmation of open positions. Recommendations Currency p

This indicator analyzes in parallel price charts for multiple currency pairs on all timeframes and notifies you as soon as a double tops or double bottoms pattern has been identified. Definition Double Top / Double Bottom pattern Double Top is a trend reversal pattern which are made up of two consecutive peaks that are more and less equal with a trough in-between. This pattern is a clear illustration of a battle between buyers and sellers. The buyers are attempting to push the security but are

This is a fully multi-timeframe version of the Commodity Channel Index standard indicator, which works for any combination of timeframes. The indicator preserves the correct time scale for all charts at any intervals. When switching to a higher or lower timeframe, the time scale is not distorted. For example, one value of М15 will occupy 15 bars on М1 and 3 bars on М5 . The indicator allows you to see the real dynamics and the overall ratio for all selected periods, as well as accurately evaluat

This is a fully multi-timeframe version of the DeMarker standard indicator, which works for any combination of timeframes. Like my other multi-timeframe indicators, it implements the idea of saving the right time scale for all charts on any intervals. When switching to the higher or lower timeframe, the time scale is not distorted. For example, one value of М15 will occupy 15 bars on М1 and 3 bars on М5 . The indicator allows you to see the real dynamics and the overall ratio for all selected pe

Andrews Pitchfork channels is a triple trend channel tool consisting of three lines. In the middle, there is a median trend line on both sides that has two parallel equidistant trend lines. These lines are usually drawn by selecting three points based on the heights moving from left to right on the response heights or graphs. As with the normal trend lines and channels, the outward trend lines mark potential support and resistance areas. Parameters Trend_period - the period setting to be cal

Special Trend Oscillator is an indicator designed to detect trend change points and measure the power of the current trend. This indicator is a different model of the MACD indicator. The indicator has two channels. The blue channel is the upper line of the upward trend. The red channel line is the underscore of the downward trend. Buy when the trend line reaches the red line. Sell when the trend line reaches the blue line. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend S

The indicator shows the trend of 3 timeframes: higher timeframe; medium timeframe; smaller (current) timeframe, where the indicator is running. The indicator should be launched on a chart with a timeframe smaller than the higher and medium ones. The idea is to use the trend strength when opening positions. Combination of 3 timeframes (smaller, medium, higher) allows the trend to be followed at all levels of the instrument. The higher timeframes are used for calculations. Therefore, sudden change

The Signal SASON indicator is designed to generate trading signals. It works to find potential trade entry points. The signals are found by analyzing a series of candlestick movements and a set of algorithms. This indicator calculates the reversal points of the pair you are using. It does not have deceptive properties like re-painting. Rules and Features When a signal arrives, it is recommended to use take profit and stop loss level. Use timeframe M15 and up. It works on all currency pairs, ex

The Momentum Channel indicator works according to the daily price index. The indicator is used to analyze the parity price. This analysis is done through channels. channels are used to find trend return points. The indicator has 3 channel lines. these are the lines at 30, 50, and 70 levels. The 70 level is the overbought territory. Price movements in 70 and above indicate that the chart will fall in the near future. Price movements at 30 and below indicate that the chart will rise in near future

This indicator shows the current situation on the cryptocurrencies available for trading, depending on the signal strength specified in the settings. It can be used for determining the expected increase/decrease in the asset price, displayed by the corresponding color, and the signal strength, displayed by a vertical dash near a certain cryptocurrency pair. Indicator Parameters Panel color - color of the indicator panel Long color - cryptocurrency pair uptrend color Short color - cryptocurrency

This indicator contains a custom version of the classic Turtle Trader indicator. It implements both the main system ( S1 ) and fail-safe system ( S2 ) as described by the original Turtles. Notifications can also be enabled for trade signals. The main rule of the indicator is to generate a signal when a T -period breakout occurs. A stop signal is then generated when an S -period high or low is breached. The T -period value is the number of periods used to evaluate a trend. S -period values are th

The RightTrend indicator shows the direction of trend and reversal points (market entry and exit points). It is very easy to use: open BUY deal when the up arrow appears and open SELL deal when the down arrow appears. The indicator generates accurate and timely signals for entering and exiting the market, which appear on the current candle while it is forming. In spite of apparent simplicity of the indicator, it has complex analytic algorithms which determine trend reversal points. Inputs stre

CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool," that already has the base and the profit (counter) curren

Unlock the power of real volume information with the Candle Power Pro indicator. This dynamic tool captures the actual volume data for each candle and presents it as a percentage of the total volume. By doing so, it empowers you to discern the ongoing struggle between buyers and sellers in the market. The Candle Power Pro displays the battle between buyers and sellers as a percentage of the total volume, giving you valuable insights into market dynamics. You can easily confirm breakouts by anal

Masters Bars is an indicator that plots a line over High and Low of the last Master Bar. A Master Bar is defined as the decisive candle that exceeds the last decisive candle High-Low range. This helps traders to see if the chances for trend continuation improve or the chances for a trend reversal increase when Masters Bars range is broken. Masters Bars include an Alarm function that produces a sound, or even can send an email and/or push notification depending up what you have configured in your

The indicator shows buy or sell on the screen when it catches a signal with its own algorithm. The arrows warn the user to buy or sell. Pairs: USDCHF, AUDUSD, USDJPY, GBPJPY, EURUSD, GBPUSD, EURCHF, NZDUSD, EURCHF and EURJPY. You can test the indicator and choose the appropriate symbols. The best results are on M30. Parameters AlertsOn - send alerts AlertsMessage - send a message AlertsSound - sound alert AlertsEmail - email alert Buy color - buy color Sell color - sell color

Attention! Friends, since there have been many scammers on the Internet recently selling indicators called ForexGump, we decided to warn you that only on our page is the LICENSE AUTHOR'S VERSION of the INDICATOR sold! We do not sell this indicator on other sites at a price lower than this! All indicators are sold cheaper - fakes! And even more often sold demo versions that stop working in a week! Therefore, in order not to risk your money, buy this indicator only on this site! Forex Gump Pro i

TrendySignalMt4l is a trend-following indicator that quickly responds to a trend change. The indicator forms the line so that it is always located above or below the chart depending on a trend. This allows using the indicator both for a trend analysis and setting stop loss and take profit. The indicator should be attached in the usual way. It works on any timeframe from M1 to MN and with any trading symbols. The indicator has no configurable inputs. Recommendations on working with the indicato

The Three MA Alert indicator is an essential tool for traders who rely on the Moving Averages Crossover Strategy . It simplifies your trading life by sending notifications to your mobile device, email, and displaying pop-up alerts with sound whenever there is a crossover of three moving averages. By following this widely used technique, you can ensure that you are always on the right side of the trend and avoid trading against the prevailing market direction. With the Three MA Alert indicator, y

Quantina Multi Indicator Reader can analyse up to 12 most popular and commonly used together indicators in seconds on any timeframe, on any currency pair, stocks or indices. On the chart panel you can easily read each indicators default meanings and also there is an Indicators Summary on panel. Features 1 file only: Quantina Multi Indicator Reader is 1 file only. No need to install other indicators to work. It is using the built-in indicators from MetaTrader 4 terminal. Detailed Alert Message:

If you want to add a pattern indicator to confirm the market movement you are in the right place, this indicator permit to detect some famous candle patterns Hammer, Inverted Hammer, Shooting Star, Hanging Man and Engulfing patter that can be highlighted on your chart once the patters occurs. Up, Down arrows are traced at the beginning of the new bar each time a pattern is detected. Parameters Body to Bar Fraction (%) : the body size / the candle size (20% by default) Max Little Tail Fraction

Bollinger Bands are volatility bands plotted two standard deviations away from a simple moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands expand when volatility increases and narrow when volatility capturing 85%-90% of price action between the upper and lower bands. How it Works Knowing that the majority of price action is contained within the two bands we wait for price to break out of either the upper or lower band a

Introducing Mr. Fibonacci , an amazing indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator offers exceptional customization options for professional traders, allowing them to draw any Fibonacci level with precision. Additionally, it provides mobile notifications, email alerts, and pop-up alerts when price enters Fibonacci levels, ensuring you never miss potential trading opportunities. Using this indicator, you no longer have to cons

This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for

STO Currency Strength Meter uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUSD, USD

PDP indicator is used for: defining price probability distributions. This allows for a detailed representation of the channel and its borders and forecast the probability of a price appearing at each segment of its fluctuations; defining the channel change moment. Operation principles and features PDP analyzes a quote history on lower timeframes and calculates a price probability distribution on higher ones. Forecast algorithms allow the indicator to calculate probability distributions and m

This Supply & Demand indicator uses a unique price action detection to calculate and measures the supply & demand area. The indicator will ensure the area are fresh and have a significant low risk zone. Our Supply Demand indicator delivers functionality previously unavailable on any trading platform. Trading idea You may set pending orders along the supply & demand area. You may enter a trade directly upon price hit the specific area (after a rejection confirmed). Input parameters Signal - S

The Two MA Crossover is a powerful notification system designed specifically for traders who rely on the Moving Average Crossover Strategy . This fully automated indicator serves as a comprehensive alert system, ensuring that you never miss a crucial trading event. It sends notifications to your mobile device, email, and displays pop-up alerts with sound on your computer, all when it detects a moving average crossover based on your preferred parameters. One of its notable features is its compati

Based on Vitali Apirin's idea, here is a momentum indicator that he describes as a tool to help traders determine the direction of a trend. If the green line is over the red line, the trend is upward; if the red line is over the green one, the trend is downward. The indicator is made up of two separate calculations: the HHs or higher high stochastic, and the LLs or lower low stochastic, which together comprise the HHLLs. Vitali Apirin uses ideas he discovered while studying the stochastic oscill

This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):

The Renko_Bars_3in1 is designed for plotting 3 types of Offline Renko charts. Standard Renko Bar (the reversal bar is twice the size of the bar). Renko Range Bar (the size of all bars is the same). Renko Bars with the ability to adjust the size of the reversal bar. Attention : The demo version for review and testing can be downloaded here . Note . A chart with the M1 period is necessary to build an offline chart. When the indicator is attached to a chart, the offline chart is opened automaticall

The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te

Colored trend indicator advanced is a trend indicator that is based on Fast Moving Average and Slow Moving Average and also uses RSI and Momentum to give a trend strength in percent. It is aimed to find more healthy trends with this indicator. This indicator can be used alone as a trend indicator. Colors (Default) Green = Uptrend (Default) Red = Downtrend No color = No trend, no good trend Indicator Parameters WarnPosTrendchange: Warns you when the trend may change. FullColor: See screenshot

Measuring the distance between two MAs can be much more powerful and reliable than waiting for crossing MAs, and then again for confirmatory setups... If you no longer want to wait for MA crosses as being too late for good entry positions, you are right with the Signal Pip Indicator. You are supposed to set an alarm for the distance between two MAs, fast & slow, whereas a 3rd confirmatory MA can be added as additional trigger & a fourth to filter out. You are able to select to be alerted when

Easy to use trend indicator. Only one adjustable parameter that does not require optimization, which is responsible for the timeframe of the second line of the indicator. It can take three values: current - the second line is not calculated, one higher - one timeframe higher that the current one, two higher - two timeframes higher than the current one. The system for determining the market direction is based on a proprietary method, which uses the two most effective standard indicators (CCi and

This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sending signals to e-mail. Parameters Period - averaging period. Apply to - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert - enable/disable alerts. EMail - enabl

The Master Pivot indicator is a very interesting generator of static levels based on historical percentage variation. The levels are completely customizable changing the input numbers. Period can also be modified to select the preferred Time Frame. The color is flexible so you can change color easily, we recommend a red color upper and lower green for a contrarian style, conversely instead for a style follower trend. This indicator used in a confluent way offers some really interesting ideas.

The Pivot Bro technical indicator is a powerful tool designed to identify retracement areas using Pivot, Fibonacci, ATR, and ADR levels. It goes beyond that by also recognizing price action based reversal candlestick patterns . Additionally, the Currency Meter is a valuable companion for assessing the true strength of major currencies. By analyzing 28 currency pairs and displaying their strength on the chart with color changes, it enables traders to make informed decisions on entry and exit poin

This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato

This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage. A huge advantage of Reversal Zone Lite is the

The indicator shows possible reversal points. It is based on several candlestick patterns + an oscillator. The indicator is easy to use: install it and watch arrows. Sell when a red arrow appears and buy when a blue arrow appears. If you set the Alert option in the indicator parameters to True, the indicator will show an alert window with information about the currency pair, on which the signal has formed. ALERT = True/False; Attention ! It is not the Holy Grail for trading, errors may happen.

This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly. This is a non-repainting MTF indicator. When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above. There is a Pop up, email, and push notification alerts for each chosen timeframe separately. The indicator place a dot on the price chart. For bullish engulfing candle

This is a ready-made strategy for binary options! Support/resistance levels are used to form a signal, while a number of built-in indicators are applied to sort out incoming signals. An arrow appears during a signal formation. If the signal is active, then the arrow remains after the close of the bar; if the signal is not strong enough, the arrow disappears. With a small number of signals and a small trading time, you will not need to sit all day at the computer, especially since you can enable

With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum. With this system you have 3 reliable edges on your side: A strong trend (=high probability of continuation) A deep pu

In Forex trading, the Open price of a new period is usually the same as the close price of the preceding one. If a new period opens at a price significantly different (higher or lower), this gives way to a Gap scenario. This suggests an imbalance in the price action. Price tends to move during the new period to cover the gap created. This move presents consistent buying and selling opportunities; hence potential to make profit. There are two types of Gap scenarios 'Gap Up' - Open price of the ne

ScalpingPro is a new indicator for professional traders. The indicator is a ready-made scalping strategy. The algorithm calculates a micro trend, then searches for price roll-backs and forms a short-term trading signal according to a market price. The indicator consists of a data window and a graphical signal on the chart in the form of an up or down arrow. The data window displays the current trading symbol, spread and appropriate trader's actions: WAIT, SELL and BUY . Advantages the indicato

The Vortex Indicator was inspired by the work of an Austrian inventor, Viktor Schauberger, who studied the flow of water in rivers and turbines. Etienne Botes and Douglas Siepman developed the idea that movements and flows within financial markets are similar to the vortex motions found in water. The Vortex Indicator was also partly inspired by J. Welles Wilder's concept of directional movement, which assumes the relationship between price bars gives clues as to the direction of a market. This i

This indicator shows main trend, entry zone and exit zone. This is a muti-timeframe indicator, so it is always repainting in the current period of the higher timeframe. Features Colorful Histogram: it indicates the main trend, the tomato means the market is bearish,and the sky blue means the market is bullish. Inner Blue Bands: it is entry zone for entry market, the market is relatively safe for entry. Outer Yellow Bands: it is exit zone for exit market, the market is oversold or overbought.