Category: Metatrader 4 Indicators

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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Dinapoli Targets Metatrader 4 Indicator

Dinapoli Targets Metatrader 4 Indicator

The Dinapoli Targets indicator provides forex signals for both bullish and bearish markets. It also gives you 3 possible take profit target levels along with suggested protective stop-loss price. Trading Signals BUY: Buy at the white entry price level line. Place protective stop-loss at the red line.¬†Book profits at the green line (target 1), yellow line (target 2), or purple […]

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MACD Dot Metatrader 4 Indicator

MACD Dot Metatrader 4 Indicator

The MACD Dot indicator provides easy to read buy and sell signals based on the very popular MACD indicator. A blue buy dot occurs when the FastEMA crosses the SlowEMA from below. Similarly, a red sell dot occurs when the FastEMA crosses the SlowEMA from above. Trading Signals BUY: A blue dot appears below the candlestick. SELL: A red dot […]

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TmaSlope Metatrader 4 Indicator

TmaSlope Metatrader 4 Indicator

The TmaSlope forex indicator oscillates between -1.74 and +2.10 readings. Readings above 0.00 line are considered to be bullish while indicator readings below 0.00 are considered to be bearish. General Assumptions Green and Lime colors: bullish trend Red and FireBrick colors: bearish trend DarkGray and LightSlateGray colors: flat (range-bound) trend Strong trend: Above 0.5/below -0.5 indicator readings Trading Signals BUY: […]

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RealMACD Metatrader 4 Indicator

RealMACD Metatrader 4 Indicator

Here’s another more useful version of the standard MACD indicator. The realMACD indicator plots two additional lines (blue and red) in a separated window below the main chart. The indicator also draws the default histogram bars. General Assumptions Bullish Trend: Histogram above 0.00 and both blue and red lines above 0.00 Bearish Trend: Histogram below 0.00 and both blue and […]

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Cynthia’s Trendbars Metatrader 4 Indicator

Cynthia’s Trendbars Metatrader 4 Indicator

This MT4 indicator prints bullish and bearish price bars for any currency pair and timeframe. Green bars suggest bullish price movement while purple bars suggest bearish price movement. General Assumptions Green bars: bullish Red bars: bearish Download Download the Cynthia’s Trendbars Metatrader 4 indicator. Configurable Indicator Options Color EUR/USD Daily Chart Example

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BullsEye Metatrader 4 Indicator

BullsEye Metatrader 4 Indicator

The BullsEye indicator predicts bullish and bearish price movements. Use in combination with trend tools/indicators (trend lines, Moving averages, ADX,…) to trade in the direction of the up-or down trend. General Assumptions Price bullish above the red line. Price bearish below the red line. Download Download the BullsEye Metatrader 4 indicator. Configurable Indicator Options Color EUR/USD Daily Chart Example

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