Category: Metatrader 4 Indicators

SEFC05 Metatrader 4 Indicator

SEFC05 Metatrader 4 Indicator

The SEFC05 indicator is composed of two moving averages. A green bar appears when the blue moving average crosses ┬áthe orange moving average from below (bullish trend). An orange bar occurs when the blue moving average crosses ┬áthe orange moving average from above (bearish trend). Trading Signals BUY: Wait for the first green bar. SELL: Wait for the first orange […]

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ADX Candles Metatrader 4 Indicator

ADX Candles Metatrader 4 Indicator

ADMI (ADX + DMI) measures trend direction and trend strength at the same time. It’s a powerful indicator combination. The ADX Candles indicator changes color based on the combination of ADX and DMI. You don’t need to calculate anything with this indicator. Green colored candlesticks indicate bullish trends while red colored candlesticks indicate bearish trends. I’d suggest play around with […]

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Venom Metatrader 4 Indicator

Venom Metatrader 4 Indicator

The Venom dashboard indicator provides real-time forex signal alerts. It consists of 3 main parts: vectorial bias, S/R levels and positional bias. Trading Signals BUY: All green Venom indicator up arrows. SELL: All red Venom indicator down arrows. Use in conjunction with your own analysis to confirm the signals provided by this indicator. Download Download the Venom Metatrader 4 indicator. […]

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Detrended Price Oscillator Metatrader 4 Indicator

Detrended Price Oscillator Metatrader 4 Indicator

The Detrended Price Oscillator is based on price and a simple moving average (SMA). It can be used to identify oversold and overbought market conditions or to trade the short-term trend. General Assumptions Short- term bullish trend develops above 0.00 line. Short-term bearish trend develops below 0.00 line. Trading Signals BUY: Wait for the oscillator to reach oversold indicator readings […]

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Insidebar Metatrader 4 Indicator

Insidebar Metatrader 4 Indicator

The Inside bar indicator automatically identifies inside bars and outside bars for all currency pairs and price charts. General Assumptions Wait for a breakout signal to occur after an inside bar forms on the chart. Inside bars are considered to be more reliable on the larger timeframe’s (hourly, 4 hour, daily, weekly,…). Therefore avoid trading inside bars on smaller timeframe’s. […]

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BSTrend Metatrader 4 Indicator

BSTrend Metatrader 4 Indicator

The BSTrend indicator shows you the prevailing currency trend for all currency pairs. Blue bars indicate uptrend (0.0001). Violet bars indicate downtrend (-0.0001). Trading Signals BUY: Wait for the first blue bar. SELL: Wait for the first violet bar. Use in conjunction with trading oscillators such as MACD, ATR, RSI,… Download Download the BSTrend Metatrader 4 indicator. Configurable Indicator Options […]

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Forex Trigger Metatrader 4 Indicator

Forex Trigger Metatrader 4 Indicator

The Forex Trigger indicator identifies both trending markets and ranging markets. It also provides traders with a complete trading setup including suggested stop-loss price and price objective. The indicator also calculates the risk-to-reward ratio based on the entry price, stop-loss price and take profit target. Trading Signals BUY: Wait for Forex Trigger buy signal. SELL: Wait for Forex Trigger sell […]

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ForexChannel Metatrader 4 Indicator

ForexChannel Metatrader 4 Indicator

The ForexChannel indicator draws a trend channel connecting the high and low currency prices. It now becomes very easy to identify the overall trend. General Assumptions Downward sloping channel: bearish trend Upward sloping channel: bullish trend Trading Signals Use in conjunction with oversold-overbought oscillator readings to enter a trade in the overall direction of the channel. Avoid trading against the […]

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Stochastic Cross Alert Metatrader 4 Indicator

Stochastic Cross Alert Metatrader 4 Indicator

The Stochastic Cross Alert indicator draws a buy arrow on the chart when the indicator lines cross each other from below 20 back above (oversold readings). Similarly, a red sell arrow appears on the chart when the lines cross each other from above 80 back below (overbought readings). General Assumptions 80+ readings: overbought 20- readings: oversold Trading Signals The Stochastic […]

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eWaves V1 Metatrader 4 Indicator

eWaves V1 Metatrader 4 Indicator

The eWaves V1 indicator automatically counts Elliot waves (3,4,5) on the Awesome oscillator (AO) trading indicator. It can be used on all currency pairs and time frame’s. General Assumptions Green colored AO bars: bullish trend Red colored AO bars: bearish trend Yellow colored AO bars: range-bound action Download Download the eWaves Metatrader 4 indicator. Configurable Indicator Options DisplayBarCount, FibTimeLines, ShowFibTimeZone,… […]

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