Drive Metatrader 4 Indicator

The Drive indicator for MT4 looks very similar to the popular ADX indicator developed by Welles Wilder. The main purpose of the indicator is to determine the strength of the current trend. The green line above the red line indicates an uptrend in the market while the red line above the green line indicates a […]

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Pin Bar Metatrader 4 Indicator

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 […]

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Automated Trend Line Metatrader 4 Indicator

The 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 […]

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Aroon Oscillator Metatrader 4 Indicator

The 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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MACD Divergence Metatrader 4 Indicator

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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Auto Pivot Metatrader 4 Indicator

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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Double CCI Forex Scalping System

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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