The automated pinbar indicator for MT4 identifies pin bars on every timeframe and shows them on the chart. Pinbars can be extremely useful to find and trade possible reversals in the market. The indicators works for all currency pairs. This trading indicator is very popular among forex price action traders. Download Download the Pin Bar […]
Continue readingThe automated trend line indicator for Metatrader 4 draws two trend lines. The upper trend line is formed by connecting two highs (resistance line). The lower trend line is formed by connecting two lows (support line). Trading signals: Go long if price breaks and closes above the upper trend line with target price: Upper Projection […]
Continue readingThe Aroon Oscillator indicator for Metatrader 4 oscillates between +100 and -100 . It provides buy and sell signals based on the Aroon formula (Aroon Up – Aroon Down). Trading signals: Bullish – Buy at the green dots. Bearish – Sell at the red dots. General Assumptions: Price bullish above the zero line. Price bearish […]
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The MACD Divergence indicator issues signals based on positive and negative divergences between the currency price and the MACD trading indicator. Red arrow means possible sell signal while green arrow below the main window means possible buy signal (going long). Download Download the MACD Divergence Metatrader 4 indicator. EUR/USD 5 Min Chart Example
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The Auto Pivot indicator for Metatrader 4 automatically updates the pivot point (PP), support (S1,S2,S3) and resistance levels (r1,r2,r3) every day. Price above the pivot point means positive while price below the pivot point means negative. S3 indicates extremely oversold while price above resistance r3 means extremely overbought. Download Download the Auto Pivot Metatrader 4 […]
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Take advantage of rapid movements on smaller timeframe’s such as the 1 minute and 5 minute charts with the Double CCI scalping system strategy. Let’s get started with the used trading indicators. Trading Tools/Settings Indicators: RSIOMA_v2, 2MA Crossover, Heiken_Ashi_Exit, DoublecciWoody, #SpudFibo Time frame(s): 1 Min, 5 Min Trading sessions: All Currency pairs: All Download Download […]
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