Forex MetaTrader Trading Indicators

The Candlesticks BW MQ4 “BAR CHART” Indicator – This is a powerful yet very simple colored candles indicator. It works based on simple moving average crosses or price above/below moving. The CandlesticksBW indicator. Plots bars by B. Williams.

The SeNSetiVe MQ4 indicator. The indicator displayed the market movement direction when the zero line is crossed. When the crossing is from below – BUY, when it is from above – SELL. Variables: SPerioD – Period (100-200), at lower values (<100) the indicator line will generate a lot of false signals. The optimum value for the hourly charts is 160-180. For ...

ROC2 VG “Trend Momentum” MQ4 Indicator – Plotting the ROC indicators of two custom types (including Momentum) and periods in one window. The Momentum function is the only one who is not normalized, and thus should be avoided by comparing different time serie of prices.

Hi-Lo Activator MQ4 Indicator – The  Hi-Lo Indicator is plotted over the price chart. This Indicator is basically a simple moving average of the previous three periods highs or lows plotted based in relation to Hi-Lo Activator. Bullish Signal – When price is above the Hi-Lo indicator it shows that the Forex trend is bullish and only Buy trades should ...