Forex MetaTrader Trading Indicators

Forex Standard Deviation Channels MQ4 Trading Indicator – The Standard Deviation Channel is plotted on the basis of the Linear Regression Trend, representing a usual trendline drawn between two points on the price chart using the method of least squares. Standard deviation channels are plotted at a set number of standard deviations around a linear regression line. They can be ...

Stochastic Oscillator custom indicator “StocasticsOnPriceChart.MQ4” – A Version of The Stochastic Located Right in The Price Window. The stochastic oscillator is a momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by ...

This method has been described by Steve Nison in the book “Japanese Candlestick Charting Techniques“. “Three-Line Break” combines the qualities of the “tic-tac-toe” charts and the standard line charts or bars. The literature notes the advantages of future price movement prediction methods based on the calculation of the duration of pricing models. This chart allows to easily eliminate the noise ...

Best “Relative Strength Index (RSI) MQ4 Indicator” – A popular method of analyzing the RSI is to look for a divergence in which the security is making a new high, but the RSI is failing to surpass its previous high. This divergence is an indication of an impending reversal. When the Relative Strength Index then turns down and falls below its ...