Category: Metatrader 4 Indicators

Stochastic Divergence Metatrader 4 Indicator

Stochastic Divergence Metatrader 4 Indicator

This indicator shows divergences between the currency price and the Stochastic Oscillator in a separated window below the main chart. It also provides buy and sell signals based on positive and negative divergence between price and indicator. It can be used on all forex pairs and timeframe’s. Trading Signals BUY: Wait for a blue arrow to appear on the chart. […]

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VolcanoWMA Metatrader 4 Indicator

VolcanoWMA Metatrader 4 Indicator

The VolcanoWMA indicator provides buy and sell signals with audible alert. Trading Signals BUY: Wait for a green arrow to appear on the chart. Buy at the open of the following bar. SELL: Wait for a red arrow to appear on the chart. Sell at the open of the following bar Use in conjunction with other indicators, such as MACD […]

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Breakout Zones Metatrader 4 Indicator

Breakout Zones Metatrader 4 Indicator

The Breakout Zones indicator draws short-term support and resistance horizontal lines on the trading charts. Use it on timeframe’s up to the daily charts. It works on all currency pairs. Trading Signals BUY: Wait for the price to close above the resistance line. SELL: Wait for the price to close below the support line. Use in conjunction with indicators to […]

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WATL TrendLines Metatrader 4 Indicator

WATL TrendLines Metatrader 4 Indicator

The WATLTrendLines indicator draws up-and downward sloping trend lines for you on autopilot, regardless of what time frame or currency pair you trade. The indicator can give you a tremendous trading advantage. General Assumptions In uptrending markets – Look for downward sloping trend lines to be broken from below. Price must close above the trend line. In downtrending markets – […]

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Keltner Channels Metatrader 4 Indicator

Keltner Channels Metatrader 4 Indicator

Keltner channels, described by Chester W. takes a very similar approach as the popular Bollinger Bands indicator. It is composed of 3 moving averages, the middle line and two lines below and above the middle line moving average. General Assumptions BULLISH: Keltner channels slope UP BEARISH: Keltner channels slope DOWN Download Download the Keltner Channels Metatrader 4 indicator. Configurable Indicator […]

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Daily Fibonacci Metatrader 4 Indicator

Daily Fibonacci Metatrader 4 Indicator

A very complete Fibonacci indicator that provides support/resistance levels and entry signals with daily long and short targets. It can be used on all currency pairs and time frames up to the 4 hour charts. Trading Signals BUY: Go long above the intraday long level with targets daily long 1 and daily long 2. SELL: Go short below the intraday […]

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Arrows Signals Metatrader 4 Indicator

Arrows Signals Metatrader 4 Indicator

An indicator based on Fractals (Bill Williams). It’s a series of at least 5 successive candlesticks with the highest/lowest candlestick in the middle. The arrows signal indicator can be used to identify short-term tops and bottoms in trends. It can also be useful to draw trend lines (see indicator image below). Up and Down Fractals Trading Signals No trading signals […]

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ADX MA Metatrader 4 Indicator

ADX MA Metatrader 4 Indicator

The ADX-MA indicator is a trend following indicator with built-in smoothing filter. It doesn’t provide you with signals, but rather gives you an indication of what you should be looking for, i.e., looking for buy signals or sell signals. Trading Signals BUY: Look for buy signals above the blue line (bullish trend). SELL: Look for sell signals below the red […]

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SuperTrend Metatrader 4 Indicator

SuperTrend Metatrader 4 Indicator

The SuperTrend MT4 indicator provides you with bullish and bearish price area’s. The price is considered to be bullish above the green SuperTrend line and bearish below the red line. Trading Signals No real trading signals from this indicator. One could be looking for buy entries above the green line and sell entries below the red line. Download Download the […]

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Superscalper Metatrader 4 Indicator

Superscalper Metatrader 4 Indicator

SuperScalper is an indicator specially designed to scalp the forex market on the 1M or 5M timeframe. The indicator is very easy to interpret. It can be best applied to any currency pair with medium to high volatility. Trading Signals BUY: Color changes from yellow to blue SELL: Color changes from blue to yellow Use in conjunction with other technical […]

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