RSI on Moving Average indicator for MetaTrader 4 – The indicator plots 2 RSI based on 2 MA. Signals are at intersections. At the same time, the direction of the indicator movement must match the intersection signal. Otherwise, the signal is filtered. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. A ...
Read More »ADX BARS MT4 Trading Indicator
Forex ADX BARS MQ4 Trading Indicator – Paints the bars in the color corresponding to the current trend. Based on ADX, it can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. The ADX is a component of the Directional Movement System developed by Welles Wilder. The ...
Read More »Forex Reversal Prediction MT4 Indicator and System
Advanced Forex Reversal Prediction MT4 Indicator and System – There are a lot of reversal strategies, but there is one that I really like, and that is the Strong Trend Reversal Strategy. It works on M30 and H1 time frame and in all markets (stocks, forex, futures). Most of the time we are better off trading with the trend, because ...
Read More »Fractal Channel MT4 Trading Indicator
Fractal Channel MQ4 indicator – Quite interesting method for plotting a channel. Despite the obvious plotting primitivism, it can be useful during the flat level analysis (for example, if you had no access to the terminal in a while, and it is necessary to assess the past events quickly). Fractals are indicators on candlestick charts that identify reversal points in ...
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