Murrey math lines (MML) is a relatively new trading indicator showing supports and resistances and helps in finding trends and trend changes. The indicator was developed by T. Henning Murrey and has some similarity to Fibonacci retracement and pivot points. MML was created based on the observations of Gann studies and is a simple way to implement Gann. Definition ...
Read More »Forex Camarilla Pivots (Daily Level) Line MT4 Trading Indicator
Pivots (Daily Level) Line MT4 Trading Indicator – It is suitable for those who are too lazy to calculate the daily levels. A forex pivot line is an indicator developed by floor traders in the commodities markets to determine potential turning points, also known as “pivots.” Forex pivot points are calculated to determine levels in which the sentiment of the market ...
Read More »Forex Lagrange Polynomial “Flexi Trend Line” MT4 Indicator
QSI Lagrange Polynomial “Flexi Trend Line” MQ4 Indicator – The first option is !siLagrange – automatically detects the maximums/minimums of the points and creates the polynomial on their basis The second option is !siLagrangePnt – creates the polynomial based on the points specified by the user. The points are set using the “Arrow” tool. Make sure their names match the parameter ...
Read More »Market Trend Continuation MT4 Indicator
Forex Market Trend Continuation MT4 Indicator. Trends indicate an important component of the market. You should certainly be able to determine them. However, it is not enough just to determine the trend. It is also important to determine the direction of the current trend. Although trends help to earn more money in short periods of time, they also “help” to ...
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