▶ This indicator is one of the best trend following indicators. And it’s straightforward. You only need to look at the color of the indicator bars. When red, it signifies the trend is bearish, while the blue bar is in rising movement.
This indicator is a leader in trend following technical tools with a demonstration process akin to the moving average. It uses a 12-day smoothed moving average from closing prices data over a period. This is an effective trading solution used by both seasoned and new traders for scalping and intra-day trading. It is, therefore, suitable for 5 min, 15 min, 30 min, and 1 hour timeframes. The indicator reacts quickly to price changes and lags less than the conventional moving averages
➤ Knowing the market's operating time, Forex trading hours in the local time zone, and active sessions will help traders proactively arrange their time and choose the best trading times of the day.
Knowing the market's operating time, Forex trading hours in the local time zone, and active sessions will help traders proactively arrange their time and choose the best trading times of the day. Forex is a 24-hour market, but generally, currency pairs are more active during the daytime of the countries they belong to. Take for example the AUD/NZD pair — this pair is particularly active in the Asian session while it is more "quiet" during the European and US sessions. Basically, all trading
➤ What is special about this Support Resistance only Active indicator is that the highs and lows that were tested once will no longer show support and resistance lines, as they have been liquidated.
If you're a forex trader who uses Metatrader 5 as your trading platform, you may find the Arc Channel indicator helpful for drawing channels on your charts. With this indicator, you can easily draw an arc channel by yourself without having to rely on manual drawing or other tools. To use this indicator, follow these simple steps: Download and install the Arc Channel indicator on your Metatrader 5 platform. Open a chart and select the currency pair and time frame that you want to analyze. The Arc
Ehlers suggests usage as signals on zero line cross. This version instead adds floating levels and, implicitly, makes it an adaptive indicator. To reflect the additions, now you have a choice when to change colors of the indicator : change when the slope of RMO changes change when the RMO crosses outer floating levels (default) change when the RMO crosses the middle (dynamic "zero") level Usage: 1. Identify the main market trend: Buy only when the main trend is up, only sell short when the main
MACD double Histogram RSI Signal indicator for MetaTrader 5 is a calculation of the RSI based on the values of the MACD indicator . The resulting values are more smoothed than the MACD indicator values. The indicator can be used to detect the direction of the trend. The colors of the indicator (green and orange) help you spot the direction. Values are shifted by -50 in order to have additional cross over a such zero line. It would in original be value 50 of the RSI. It can help a
Creation of a trend line using linear regression is based on the least squares method. This method assumes that a straight line is created that pass through the price points so that the distance between the prices points to the line is as short as possible. In an attempt to predict tomorrow prices, it is logical to assume that they will be located close to the values of today's prices. If there is an uptrend, the best guess would be that the price value will be close to the
The EA working 35 minute after London session and stop trade or close all trade 3hour after London session
MA Quadratic Weighted ( MA QW ) Indicator MT5 - Basic Trading Signals: Buy Signal: Go long when the bold line of the MA QW Metatrader 5 forex indicator turns lime green. Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the bold line of the MA QW indicator is colored dark orange. Sell Signal: Go short when the bold line of the MA QW Metatrader 5 forex indicator turns dark orange. Exit sell trade: Close all sell orders if while a bearish trend is ongoing, the bold
And sell your position, when you see green dot on zero line AND red histogram lines.
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The EA working 35 minute after London session and stop trade or close all trade 3hour after London session you need zero spread account with little comission , iam using TIME SERVER FOR THIS EA PARAMETER: Start time 15.35 > server time End time 18.35 > server time Lot 0.01 > deault lot is 0.01 Start break even 40 > if you running profit 40 point expert will modif your SL to offset Offset break even 2 > offset 2 point on profit --------------------------------------------- Thank
The RSI with Trend Catcher signal is an easy-to-follow mt4 indicator that works like the traditional RSI. The RSI Trend Catcher plots a signal line similar to RSI but with some alterations. The indicator tells you overbought oversold areas and presents buying and selling opportunities. In addition, it catches the bullish and bearish divergences and locate trends better than the traditional RSI indicator. The RSI trend catcher consists of three colors; red, green, and yellow, with each color
Knowing the time remaining for a candle to end can be very useful on multiple occasions. The MT4 platform shows the current time but it does not show the remaining time in the current candle. This indicator shows candle end time and current spread, allows you to see on chart the remaining time before the next candle bar starts to form. In short term trading, especially those lasting less than a day, timing becomes one of the most important aspects of trade entry and exit
The MultiTrader Expert Advisor for MetaTrader4 platform is a multi-purpose trading utility. It gives the user with a wealth of information within the dashboard that the user can use to take trades. Plus, the program provides alerts to inform the user of an available trading opportunity in different symbols. Meanwhile, the user can use the provided information or the alerts to enter trades or he can use his own analysis and then use the tool to execute the trades. As the dashboard encompasses the
Bollinger Bands MACD indicator MT5 - is a basic MACD (Moving Average Convergence Divergence) indicator variation, which helps in detecting the trend change points and measuring the current trend's strength. The indicator is drawn in the separate window on the chart and consists of two lines (blue and red) and the dots, which can be either green or magenta. The change of the dots' color is a good signal provider, while the width of gap between the two lines