The Aroon indicator was developed by Tushar Chande in the 90’s. Interpretation: AroonUp>AroonDown (bullish signal). AroonDown>AroonUp (bearish signal). Used colors: AroonUp-blue, AroonDown-red. Download link: Click here to download the Aroon.mq4 indicator Aroon Indicator Chart Example (EURUSD D1) Platform: Metatrader 4 Indicator type: Oscillator
Intraday and short term traders deploy Pivot Points as a form of support and resistance level when trading. Many of the same rules that apply when trading other types of support and resistance trading techniques are applicable when trading pivot points. Our forex strategy is … Read more
The Knight Candle developped by Mark Guergues and Andrei Knight gives you an indication where the price is likely to trade right after the open. It does not tell you how the candlestick is likely to close. Use in conjunction with other tools to trade … Read more
This forex indicator draws Fibonacci retracements in the visible part of the Metatrader chart using the high and low price. Fibonacci retracement levels shown are 23.6%, 38.2%, 50.0% and 61.8%. Download link: Click here to download the QuickFib.mq4 indicator Fibonacci Retracements Indicator Chart Example (GBPUSD … Read more
This indicator shows in which session the forex market is trading: Europe, US, Asia or Pacific. Download link: Click here to download the Market_Sessions_Indi.mq4 indicator Forex Market Sessions Indicator Chart Example (EURUSD M15) Platform: Metatrader 4 Indicator type: Addon
The XWave forex indicator draws the five Elliott wave pattern on the charts. Works on any timeframe and currency pair. Download link: Click here to download the X-Wave-elliot(21-13-8-1).ex4 indicator Elliott Wave Indicator Chart Example (EURUSD H1) Platform: Metatrader 4 Indicator type: Elliott Wave
Signals from Sidus V2 are based upon 2 moving averages cross-over and RSI. Default values: Fast EMA: 14, Slow EMA: 21, RSI: 17. All default settings can be modified in the input box to your preference. Works on any timeframe and currency pair. Download link: … Read more
IPanel displays the trends from STOCH, RSI, CCI, MACD,EMA1 and EMA2 technical indicators across the 1 min, 5min, 15 min, 30 min, 1 hour and 4 hour forex charts in one easy-to-read trade box. Up arrow means positive readings. Sell arrow means negative readings. Open … Read more
The Divergence forex trading strategy is a mechanical trading system that is based on classical bullish or bearish divergence. It is often said that divergence is a leading indicator, and it is incorporated into this strategy to help traders with a low risk method to … Read more
The Bollinger Band forex scalping strategy is a strategy that is designed to measure short-term volatility in the currency market and translate this information into a very powerful profit making strategy. In addition to this, scalping is well-suited for volatile markets, and this system will … Read more