But how reliable is that indicator? As mentioned earlier, trend-following tools are prone to being whipsawed. So it would be nice to have a way to gauge whether the current trend-following indicator is correct or not. For this, we will employ a trend-confirmation tool. Much like a trend-following tool, a trend-confirmation tool may or may not be intended to generate specific buy and sell signals.

Instead, we are looking to see if the trend-following tool and the trend-confirmation tool agree. In essence, if both the trend-following tool and the trend-confirmation tool are bullish , then a trader can more confidently consider taking a long trade in the currency pair in question.

Likewise, if both are bearish , then the trader can focus on finding an opportunity to sell short the pair in question. One of the most popular—and useful—trend confirmation tools is known as the moving average convergence divergence MACD. This indicator first measures the difference between two exponentially smoothed moving averages. This difference is then smoothed and compared to a moving average of its own. When the current smoothed average is above its own moving average, then the histogram at the bottom of the chart below is positive and an uptrend is confirmed.

On the flip side, when the current smoothed average is below its moving average, then the histogram at the bottom of the figure below is negative and a downtrend is confirmed. In essence, when the trend-following moving average combination is bearish short-term average below long-term average and the MACD histogram is negative, then we have a confirmed downtrend. When both are positive, then we have a confirmed uptrend. At the bottom of the chart below, we see another trend-confirmation tool that might be considered in addition to or in place of MACD.

It is the rate of change indicator ROC. As displayed in the chart below, the orange-colored line measures today's closing price divided by the closing price 28 trading days ago. Readings above 1. The blue line represents a day moving average of the daily ROC readings.

Here, if the red line is above the blue line, then the ROC is confirming an uptrend. If the red line is below the blue line, then we have a confirmed downtrend. A bearish configuration for the ROC indicator red line below blue :. After opting to follow the direction of the major trend, a trader must decide whether they are more comfortable jumping in as soon as a clear trend is established or after a pullback occurs.

In other words, if the trend is determined to be bullish, the choice becomes whether to buy into strength or buy into weakness. If you decide to get in as quickly as possible, you can consider entering a trade as soon as an uptrend or downtrend is confirmed. On the other hand, you could wait for a pullback within the larger overall primary trend in the hope that this offers a lower risk opportunity.

There are many indicators that can fit this bill. However, one that is useful from a trading standpoint is the three-day relative strength index , or three-day RSI for short. This indicator calculates the cumulative sum of up days and down days over the window period and calculates a value that can range from zero to If all of the price action is to the upside, the indicator will approach ; if all of the price action is to the downside, then the indicator will approach zero.

A reading of 50 is considered neutral. Generally speaking, a trader looking to enter on pullbacks would consider going long if the day moving average is above the day and the three-day RSI drops below a certain trigger level, such as 20, which would indicate an oversold position.

Conversely, the trader might consider entering a short position if the day is below the day and the three-day RSI rises above a certain level, such as 80, which would indicate an overbought position.

Different traders may prefer using different trigger levels. The last type of indicator that a forex trader needs is something to help determine when to take a profit on a winning trade. The Alpha Trend indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend.

This indicator features notifications, which are generated whenever a new signal appears alert, email, push-notification. This allows you to open a position in a timely manner. Alpha Trend does not redraw, which makes it possible to evalua. Gvs Undefeated Trend indicator is designed for trend and signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal.

It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. You can only trade with this indicator.

The generated signals are displayed on the graphical screen. Thanks to the alert features you ca. This indicator prepared by using 57 days moving averagr and least square method. It can only work for 1 hr time interval. Once a signal created. It is creating order and 2 limit orders. It works in CFD pairs as well as in Forex pairs. Ashkan Hazegh Nikrou.

Welcome to Koala Fibo Base Time Welcome to Koala Fibo Time Zone Welcome to Koala Fibo Time Extention Welcome to Missed Tool For Meta Trade! Simple Introduction : Fibonacci Time Zones are vertical lines based on the Fibonacci Sequence.

These lines extend along the X axis date axis as a mechanism to forecast reversals based on elapsed time. A major low or high is often chosen as the starting point. Distances start relatively small and grow as the Fibonacci Sequence extends.

Chartists can exten. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends.

These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend. Buyers of this product also purchase.

Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones.

You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. Take Your Trading Experience To the Next Level!

and get the exclusive TFSR-Analyzer for free! So you have all these outstanding features on up to 20 symbols and all timeframes in a smart and clear Design. Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if.

This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity?

User manual: click here That's the first one, the original! Don't buy a worthle. Cycle Sniper Last 5 Copies!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system.

This indicator does not send any signal without a reason You can observe and analyze the indicator and the signals it sends Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. We recommend watching the videos about the indiactor and system befoe purchasing. Videos, sett. This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula.

With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir. Note : This indicator is only sold through mql5. Not through other third party and no website. Please notify your buying by writing on comment because we don't have any buyer's detail so we can't reach you.

SR Imbalance Scalping is a dynamic Smart Money Concept plus indicator. It shows how as price moves, it draws not only old unmitigated but also newly formed Order Block, Imbalance Fair Value Gap , Break of Structure including Change of Character, POI, Stop Hunt and others per real time. Top indicator for MT4 providing accurate signals to enter a trade without repainting!

It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices. MT5 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Watch the video with an example of processing only one signal that paid off the indicator! Most traders improve their trading results during the first trading week with the h. Maduabuchi Kingsley Agoka. It work for all Timeframe and for every currency pairs trading on the MQL4 Platform.

To have a clear trend bias of the market Apply EMA 50 and EMA 21 to your chat to get the best out of this strategy for your overall Trend View. The Best Timefarme to use is H1 or H4 ENTRY RULES : For Buy trades : 1. Wait for EMA 21 to Cross Above 50 2. When the arrow Bl. Everything Ingenious is Simple!

In case of purchase not for rent , you can get the EA from the video as a bonus, which will give you a chance for further Easy Generation of new sets. If a rrows are not seen change in settings "Volatile" to -Not use. Following the smart money is finally possible! FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view.

It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones.

Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector.

This is an innovative indicator that uses an exclusive algorithm to quickly and accurately determine the trend. The indicator automatically calculates the opening and closing time of positions, as well as detailed statistics of the indicator's performance for a certain period of history, which allows you to choose the best trading tool for your trade. You can also connect your custom arrow indicators to Scalper Inside Pro to check and calculate their statistics and profitability.

Scalper Inside. The book is in italian language only and can be obtained only on my website indicated below. the price to which the asset should be attracted within Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios.

This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone PRZ and finds suitable stop-loss and take-profit levels. This dashboard software is working on 28 currency pairs.

It is based on 2 of our main indicators Advanced Currency Strength 28 and Advanced Currency Impulse. It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all 9 timeframes. Imagine how your trading will improve when you can watch the entire market using a single indi. The Trend Line PRO indicator is an independent trading strategy.

It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Monitoring of real accounts: here Expert Advisors for the indicator: here Contact me after purchase the indicator to get Scanner Trend Line PRO for free Advan.

Hispraise Chinedum Abraham. Price may increase in the future! Read description below! Introducing the Ultimate-Sniper Dashboard! Our very best which contains both HA-Sniper, MA-Sniper. and many special modes. It works in BACKTEST MODE too so you can go back in time! The Ultimate Sniper Dashboard is an absolute beast!

NEVER miss a move again! CS ATR FIBO CHANNELS MULTI TIMEFRAME Additional tool to trade with Cycle Sniper Indicator. Inputs: - Arrow Mode: ATR Levels or Median Line If Median Line is selected. Apollo Global Trends is a trend indicator that was created to predict the movement of a market trend on any currency pairs, as well as absolutely any trading instruments, including metals, indices, stocks, cryptocurrencies and other trading instruments. This indicator can be used for any time frame.

The indicator is suitable for both long-term and short-term trading. The indicator can act as the main system or as a filter for your indicators. This indicator perfectly filters market noise. The in. NAM TECH GROUP, CORP. MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction.

Summary Order block is a market behavior that indicates order collection. Diane Helene Meline Bouiron. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend.

You probably know the motto "the trend is your friend", this has never been truer, a. Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window In just 1 minute. This indicator is very powerful because it reveals the true movements of the market.

It is highly recommended to analyze charts knowing the performance of individual currencies or the countries ec. TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo. This indicator is very usefull to TRADE Trading Ranges and helps identify the following TREND.

In simple words, Trend indicators allow to visualize Trends in the market. May I please ask about trend lines. Are they also belong to trend indicators. If yes, why you don't mention it here.

Trend lines are not exactly indicators, but rather technical tools. Trend lines are graphical analytical tools, applied by traders without any mathematical formula behind them. However, you'll be right naming trend lines as indicators if we start speaking about automated trading systems, where even trend lines are drawn by a software. Here we've covered Forex trend lines. Hello, I just get to kow about your website now and found it very useful for beginners Kudos to you for a good job Please i need your help, i want you to please give me some free eBooks that explained better about Trend Indicators, and the ones that explained better Oscillators.

I will be very happy if you can help me with it. Help me send it to jidomis at yahoo. com Jyde Becoming your FX apprentice.

FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powerful they are. All this makes it an easy-to-use trend trading system for beginners, advanced and professional traders.

Look for established and powerful trends on higher timeframes like e. I own all of Daniel's tools except FX Volume and have made a lot of money by using them. His tools make the market and trends very simple and easy to understand and take advantage of. I used to use Ichimoku combined with moving averages, MACD, MFI and so on but have replaced all of them with FX Power, Heikin Ashi Candles, FX Trend, and Lighthouse.

I use it for short term trending no more than a day or two and use FX Trend to notify me by mobile. Congrats on this wonderful set of tools, and you won't regret buying them. You'll get back your money in one or two trades easy. It's a good tool with good support. It gives you a good overview of the trend phase with a relative strength, but of course it is of limited information if not combined with a lot of other things.

Probably it would be best to combine it with other tools from Daniel. Great tool to get an overview what the Pair you watching is doing on different timeframes. And can be used as a stop-loss.

Great product, a must have if you don't want to miss opportunities in the market. The author customer relation is top notch. If you want to get full advantage of this tool, you should buy all of them : FX Power, FX Trend, FX Lighthouse and rent FX Volume. But is not for newbies, you need some Forex Trading knowledge and of course you have to study and learn how to properly use this tools.

You also will get a fantastic plus with the Telegram Group to get full support and share trading ideas. In my honest opinion and after 3 years jumping from one signal to another and spending thousands on worthless EAs, I finally found an eye opener to be confident to trade manually.

One of the best indicators you can add to your arsenal. Stein is one of the most valuable Sellers at MQL5. He does not sell junk. EXACTLY what i was looking for. Looking at the screen, it looks more suitable for swing trade than short term trade. I wonder how to reduce the display font? Reply to my query on adjusting the font and display much welcome. UPDATE - The author has promptly responded by updating the indicator to include feature of sizing the indicator currency strength display to be compact, heat-map or delta display or change the time frame on screen.

Thanks a lot for the fast response and feature add-on improvement to the indicator. You agree to website policy and terms of use. Market Sections Forum Market Signals Freelance Quotes WebTerminal Calendar VPS Articles CodeBase Documentation About Log in Create an account.

English Русский 中文 Español Português 日本語 Deutsch 한국어 Français Italiano Türkçe. value :"" ; if document. Demo downloaded: 10 Published: 6 May More from author. How to buy а trading robot or an indicator.

Run your EA on virtual hosting. Want to earn in the Market? How to present a product for a sell-through. Overview Reviews Comments What's new FX Trend. You want to become a constantly profitable 5-star forex trader? Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time.

This major trend points the direction of all further trades at this and all lower time frames. Use the power of the strong forces in the market and surf this trend wave until it breaks.

If the direction of this major trend is BUY Place a BUY stop order at the last high of this trend Set the stop loss of your buy stop order at the BUY trendline Trail your stop along the trendline B.

Recommended to save computing resources at multi-chart setups. Max Bars - Set a higher value to lengthen the historical line drawing and set a lower value to increase the recalculation speed. Set reasonable values corresponding to your computer's performance to avoid terminal slowdowns and freezes. Reviews wuzzy66 ALTAY Ulker Great indicators with FX Power and FX Trend, use them together. Pramod Somashekar Recommended products. Awesome Oscillator by Bill Williams with the ability to fine-tune and replace the averaging algorithms of the indicator, which significantly expands the possibilities of using this oscillator in algorithmic trading and brings it closer in its properties to such an indicator as the MACD.

To reduce price noise, the final indicator is processed with an additional Smooth averaging. The indicator has the ability to give alerts, send mail messages and push signals when the direction of movement of th.

BBMAGC BBMAGC is an automatic trading system with a work strategy obtained from famous BBMA indicator combine with advance grid system. When you use an expert a. The indicator automatically calculates and plots Fibonacci support and resistance levels - one of the most effective tools for market analysis. The calculation uses the averaged price data for the selected period and timeframe. The minimum and maximum for this period are taken as the beginning and end of the movement.

Fibonacci levels allow you to see potential reference points, around which the price movement can slow down or reverse, that is, they are used to predict further movement, as well. Strong Retracement Points Pro demo edition! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market!

If you are still hesitating to start using this wonderful tool, you can check this link to see h. Daily Candle Predictor is an indicator that predicts the closing price of a candle.

The indicator is primarily intended for use on D1 charts. This indicator is suitable for both traditional forex trading and binary options trading.

The indicator can be used as a standalone trading system, or it can act as an addition to your existing trading system. This indicator analyzes the current candle, calculating certain strength factors inside the body of the candle itself, as well as the parameters of. Ismaele Daniele Lodetti. Tunafish EA is the most efficient EA on my profile.

The algorithms of the robot provide investors of any level of training with an investment opportunity that is both safe and aggressive. Tunafish EA imitating the work of the brain, capable of learning and adapting to changing conditions and predicting situations. When applied to trading in fina. Quasimodo Indicator QM MT4 ADVANCE PRICE ACTION TRADING CONCEPT. As a price formation, the Quasimodo pattern is depicted by three peaks and two valleys, where: First, the middle peak is the highest, while the outside two peaks are of the same height.

One of the advantages of the Qu. Euro Gift EURUSD M15 I am celebrating my birthday, so i will publish some EAs for FREE. This EA has been developed for EURUSD M Strategy is based on ICHIMOKU indicator and has very little parameters - so its VERY ROBUST. It uses Stop pending orders with ATR Stop Loss.

At pm we are closing trading every Friday to prevent from weekly gaps. Adjust these times to your broker time. For every candle the pending orders are modified to adapt the mar. Daily Trend Scalper DTS This indicator is part of the RPTrade Pro Solutions systems. DTS is a daily trend indicator using Price Action, Dynamic Support and Resistances.

It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints. Indications are given from close to close. Designed to be used alone , no other indicators are required. Gives you the trend and potential Take Profit at the beginning of the day.

How does it work DTS is us. Agustinus Biotamalo Lumbantoruan. This indi shows the following 1. Supertrend 2.

It won't be right to give reference to any indicator in this case. You agree to website policy and terms of use. Popular Articles. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. It is highly recommended to analyze charts knowing the performance of individual currencies or the countries ec. It is simple and affordable.

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