Technical indicators
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DZ Value chart indicator is a kind of oscillator, which displays overbought and oversold zones, built on volumes. The author of the indicator is the famous programmer mladen. The feature of the DZ Value chart indicator is that the overbought and oversold levels are dynamic, rather than static, which increases the accuracy of market entry. In addition, the DZ Value chart indicator has the ability to display arrows and supply sound and text alerts. According to the experts of fortrader.org, the DZ Value chart indicator is quite an interesting tool, which, in conjunction with the filtering indicators, can generate accurate signals for opening positions. Download DZ Value chart indicator Other popular oscillators
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BPNN Predictor indicator is an indicator belonging to the category of predictors. The BPNN Predictor indicator uses a neural network with three layers to predict future price behavior. The BPNN Predictor has three lines on the price chart: red - future price forecast; black - past opening prices that were used as expected outputs of the network during training; blue - network outputs obtained during training on the given input data. Additionally, the author has implemented another version of the indicator, which uses EMA-smoothing. Please note that the BPNN.dll library located in the archive for downloading is required for the full functionality of the indicator. According to the experts of fortrader.org magazine, before using...
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Arrow indicator HMA Color nrp & mtf & alerts + arrows 2 is a signal modification of the Hala moving average created by the famous indicator developer mladen. Indicator signals do not overdraw. Hal's moving average HMA is known for the fact that it eliminates lag - a typical drawback of moving averages. Also the HMA changes its color when it changes direction. The MTF function is implemented in the indicator, which allows displaying signals from any available timeframe on the chart. The arrow indicating the change of the indicator direction is duplicated by sound and text alerts. According to the experts of fortrader.org, the arrow indicator HMA Color nrp & mtf & alerts + arrows 2, as well as other indicators from mladen, will...
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How often have you encountered a broker widening the spread before important economic events come out? How can you avoid unnecessary expenses? The ShowImportantParams indicator will help you to overcome these and similar problems. The ShowImportantParams indicator shows five parameters of a currency pair and two parameters of the account, some of which can change when important economic news are released or before the close of the weekly session. The following parameters can be changed: Leverage - leverage, can change towards decrease. StopLevel - levels of stop loss and take profit (in points). At the release of important news and at the end of the session can be increased. StopOut - when this drawdown level is reached it is recommended to refill the balance or close some...
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The Percentage information indicator provides the trader with additional information on price changes. The Percentage indicator, as the name implies, displays on the price chart the monthly, weekly and daily price change as a percentage. Negative changes are shown in red and positive changes in blue. The indicator has the ShowPriceLabel parameter, which allows displaying the daily price rise or fall in percent: 0.5%, 1.0%, 1.5%, and 2.0%. According to the experts of fortrader.org, the information indicator Percentage, apart from helping in the analysis of price dynamics, will help in identifying oversold or overbought zones. Download Percentage information indicator Other information indicators
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Givonly SnR SnD r2 indicator is an indicator that displays horizontal support and resistance levels on the price chart. The indicator Givonly SnR SnD r2 draws support and resistance levels from the timeframes from H1 to W1, somewhat similar to the pivot levels. Supports are marked in blue, resistances - in red. Each level on the chart is signed. The experts of fortrader.org note that initially indicator readings were recalculated at each tick, which resulted in a noticeable slowdown of the terminal when installing the indicator at several charts. In the Givonly SnR SnD r2 levels indicator this disadvantage is eliminated, the calculation of levels is performed on each candle. Download indicator Givonly SnR SnD r2 Other indicators...
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Squeeze Break indicator is an oscillator, which is based on the strategy proposed in John Carter's book "Mastering the Trade". The main idea of the strategy is that markets tend to move from periods with low volatility to periods with high volatility and vice versa. The strategy aims to track the movement from low volatility to high volatility. The Squeeze Break indicator uses readings of the Bollinger Bands and the Keltner channel. The Momentum indicator is also used to make trades. Using Squeeze Break indicator in trading A positive green histogram means that the Bollinger Bands are outside the Keltner Channel and the market is slightly inclined to form a trend or increase volatility. The stronger this histogram is, the stronger the directional...
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MultiCharts informational indicator is a rather simple, but very effective tool for traders who trade on several trading pairs or use in trading the correlation of currency pairs. MultiCharts indicator displays price charts of five currency pairs specified by the trader in the settings in the basement. In addition, the charts support the setting of Heiken Ashi and moving average indicators, the OLHC prices and the current spread are displayed on the charts. According to experts of fortrader.org, the MultiCharts informative indicator will be useful for traders not only in the use of correlation, but also for the general analysis of the situation on the foreign exchange market. Download MultiCharts indicator Other informational indicators
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The GG-TrendBar trend indicator is designed to determine the trend direction on each available timeframe. The GG-TrendBar indicator readings are based on a combination of ADX and PSAR indicators and are displayed in the form of colored squares, the color of which depends on the trend direction: Green - uptrend; Red - downtrend; Yellow - flat. According to experts from fortrader.org, the trend indicator GG-TrendBar can be used as a filter in any trading strategy, especially those based on the principle of using several screens. Download GG-TrendBar Indicator Other Trend Indicators
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Vxod 1.0 signal indicator is based on moving averages interaction. The indicator displays the trend direction with blue and red bars. At the turning points of the indicator an arrow appears indicating an entry into a position. The experts of fortrader.org think that fine-tuning of the Vxod 1.0 signal indicator will enable you to open positions at the very beginning of the price trend, allowing you to make maximum profit. Download Signal Indicator Vxod 1.0 Other Arrow and Signal Indicators
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Signal indicator LSMA nrp + alert is based on a moving average using a linear regression method. The author of the indicator is known in trading circles mladen. Indicator signals do not re-draw. Depending on the direction of the trend indicator LSMA nrp + alert changes its color. At the point where the color changes, the indicator displays a text message. According to experts of fortrader.org, the signal indicator LSMA nrp + alert can be used in combination with oscillators to avoid false signals, or as a filter in a trend trading strategy. Download signal indicator LSMA nrp + alert Other arrow and signal indicators
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Waddah Attar ADXxBollinger indicator is designed to accurately determine the direction and strength of the current trend. It uses a combination of signals from two indicators: Advanced_ADX and Bollinger Bands. Waddah Attar ADXxBollinger indicator is made in the form of a histogram, the columns of which are green during the periods when there is an increase in prices. The red color corresponds to the fall and the more columns of the histogram (any color), the stronger the trend. To trade on the indicator Waddah Attar ADXxBollinger, the experts of fortrader.org recommends experimentally on the history to determine the level, the crossing of which by the histogram bars will be regarded as a signal for entry. Download Waddah Attar ADXxBollinger Indicator Other Trend Indicators
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Volumes are still controversial and have both supporters and opponents. Nevertheless, a huge number of traders successfully use volumes in their trading. The Volume Arrow signal indicator is designed to facilitate the use of volumes. It's often difficult to read read readings of volume indicators, especially for beginners. This is where the Volume Arrow signal indicator is supposed to help. The indicator is implemented as an arrow complement to the volume indicator Better Volume 1.4 (can be found in the archive). The Volume Arrow indicator uses the readings of the Better Volume 1.4 indicator for marking signals for entry in the form of arrows of appropriate color and size. It's worth noting that any indicator is not a ready-made trading...
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The IchimokuSuppResMTF levels indicator displays support and resistance levels built using the Ishimoku indicator on the price chart. Support and resistance levels are built according to the data of three higher timeframes, the values of which can be specified in the parameters of the indicator. Line color and style can be customized for each timeframe. When you put the cursor on the line, a tooltip with information about the line appears. According to experts of fortrader.org, the IchimokuSuppResMTF levels indicator will be useful for analyzing price charts and planning trading, as well as an element of breakout strategies. Download IchimokuSuppResMTF levels indicator Other modifications of the Ishimoku indicator
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The iCrossAD signal indicator shows possible reversals or pullbacks of the price movement. It is based on the intersection of the A/D line with the trend line plotted using the extremums of the A/D indicator. One CCI indicator filter is added to filter the signals. If the trend line plotted in the A/D indicator chart is crossed by the indicator line, the price will most likely soon cross the trend line plotted in the price chart as well. Thus, after receiving a signal from this indicator, one can expect a reversal or pullback of the price movement. The experts of fortrader.org note that the iCrossAD signal indicator only shows the arrows at the breakdown of the trend line. The decision to buy or sell should be made separately, for example - to analyze...
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The EATA Arrow indicator is calculated using RSI and CCI indicators. The fast RSI indicator is used instead of the usual RSI indicator. The difference is that the regular RSI oscillator calculates its value using the exponential method, and the fast one uses a simple ratio. The intersection of red and blue lines of the indicator are signals to buy or sell. For the trader's convenience, the indicator also displays buy and sell signals in the form of green and red arrows. The green arrow is a signal to buy and the red one is a signal to sell. EATA arrow indicator settings: CCI_per (default = 14) - period of CCI indicator calculation; RSI_per (default = 14) - period of...
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The Reverse Envelope Arrow indicator is a signal modification of the Envelope channel indicator, which implies trading on rebound from its channel borders. Reverse Envelope indicator marks signals for entering in the form of arrows of appropriate color and direction. Additionally, the indicator is capable of displaying a text alert when a signal appears. Considering the features of the original indicator, the fortrader.org experts believe that the Reverse Envelope Arrow Indicator is more suitable for trading on low timeframes and its signals should be filtered with other indicators. Download Reverse Envelope Arrow Indicator Other Arrow and Signal Indicators
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The Hook Reversal indicator is developed by the user of forexsystemsru.com forum with the nickname Crossluck and is based on the search of internal bars, which are identified as the points of possible price reversal. The Hook Reversal indicator is discussed in this thread. What is a reversal on an inside bar? Criteria for a signal bar in an up trend: The bar must open near the maximum Closing must be near the minimum of the bar The bar must have a lower maximum and a higher minimum compared to the previous bar (i.e. the bar must not go out of the previous bar range) Criteria for a signal bar in a down trend: The opening must be near the minimum of the bar Closing must be near the maximum...
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The Engulfing indicator will be useful for traders whose trading is based on the use of candlestick analysis. The Engulfing indicator finds the "Takeover" candlestick patterns on the price chart and, depending on the nature of the pattern (bullish or bearish takeover), gives a signal to enter in the form of arrows of the corresponding color and direction. In addition, the Engulfing indicator has a system of sound and text alerts. The author of the indicator claims that the Engulfing indicator gives exact signals on all timeframes. However, the experts of fortrader.org think that the indicator should be used on higher timeframes, beginning with H4, because the older is the timeframe used, the more accurate will be the signals of candlestick patterns. Download the Engulfing Indicator Other...
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Self Adjusting RSI indicator is a modification of one of the most popular RSI oscillators, which implements self-correcting overbought and oversold levels. Self Adjusting RSI corrects the width of oversold and oversold bands using two different algorithms: if the MA-Method is set to true, the lines are calculated according to the algorithm based on the moving average; if the MA-Method is set to false, an alternative algorithm will be used based on the standard deviation. According to fortrader.org experts, the advantage of this approach is that it can be applied to several market conditions without considering the calculation period. Such standardization facilitates the use of the Self Adjusting RSI indicator in multiframe analysis....
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