Blue arrows indicate an uptrend while red arrows indicate an downtrend. Use in combination with other indicators to confirm the overall trend. Download link: Click here to download the KlannyTrend.ex4 indicator KlannyTrend Indicator Chart Example (EURUSD M5) Platform: Metatrader 4 Indicator type: Trend
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This is one of my favorite trading indicators. Buy Area: all moving averages are pointing up. Sell area: all moving averages are pointing down. The moving average “system” is advantageous in combination with an oscillator to pinpoint entry signals in the main direction of the trend. Buy Area: take only oversold signals. Sell Area: take […]
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This indicator provides buy and sell signals based on Stochastic overbought and oversold market conditions. Use in combination with a trending indicator to trade only in the main direction of the current up or down trend. Download link: Click here to download the Stochastic_Cross_Alert_SigOverlayM_cw-signals.mq4 indicator Stochastic Cross Alert Indicator Chart Example (EURUSD H1) Platform: Metatrader […]
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Supertrend indicator draws buy and sell trend lines on the charts. Green for up trend and red for downtrend. Go long above the green line. Go short below the red line. Trade in agreement with the overall trend. Download link: Click here to download the SuperTrend-signals.mq4 indicator Supertrend Indicator Chart Example (EURUSD H4) Platform: Metatrader […]
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This forex indicator connects fractals with each other and draws a midline and opposite fractal parallel line. Great for pinpointing entry and exit signals. Download link: Click here to download the SHI_Channel_true_fractals.mq4 indicator Fractal Channel Indicator Chart Example (GBPUSD H4) Platform: Metatrader 4 Indicator type: Trend
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This forex indicator generates buy and sell signals on the charts every time ADX DI- and DI+ crosses each other. Blue arrow for uptrend (DI+>DI-). Red arrow for downtrend (DI->DI+). Download link: Click here to download the ADXcrosses-signals.mq4 indicator ADX Crosses Signals Indicator Chart Example (EURUSD Monthly) Platform: Metatrader 4 Indicator type: Signals
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SuperSR7 draws support and resistance levels on the main charts. Blue color: support levels. Red color: resistance levels. Trend up? Go long at support levels. Trend down? Go short at resistance levels. Download link: Click here to download the SuperSR7-mt4-indicator Support and Resistance Indicator Chart Example (EURUSD H1) Platform: Metatrader 4 Indicator type: Support & […]
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The Daily Pivot Points Indicator draws the pivot point + support S1,S2,S3 – resistance R1,R2,R3 levels on the main metatrader window. Updated automatically. Useful as a prediction tool for price movements. Download link: Click here to download the DailyPivotPoints.mq4 indicator Daily Pivot Points Indicator Chart Example (EURUSD H1) Platform: Metatrader 4 Indicator type: Trend prediction
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This forex indicator displays the currency pair trend below the main chart. Use in combination with moving averages for more accurate forex trading signals. Download link: Click here to download the MadroGoldenFilter.mq4 indicator Madro Golden Filter Indicator Chart Example (GBPJPY H4) Platform: Metatrader 4 Indicator type: Trend
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FX5 MACD Divergence draws buy and sell arrows on the charts. The indicator also draws divergences on the MACD below the main chart. Works for all currency pairs. Download link: Click here to download the FX5_MACD_Divergence_V1.1.mq4 indicator FX5 MACD Divergence Indicator Chart Example (GBPJPY H4) Platform: Metatrader 4 Indicator type: Divergences
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