Channel indicators

mr.trader1 day ago

0 690

TMA+CG mladen arrow indicator for channel trading strategies

The TMA+CG mladen indicator is an arrow modification of the TMA channel indicator. Triangular Moving Average builds a channel, the boundaries of which are twice smoothed moving averages, which allows you to clearly identify market movements. The TMA+CG mladen arrow indicator generates signals when the price goes out of the channel borders with the subsequent return to it. Unlike the usual TMA, the TMA+CG mladen indicator gives clearer signals with the same period value. At the same time, the indicator has advanced parameters that include an alert system and MTF function. Arrow indicator TMA+CG mladen looks quite interesting, as well as any indicator from Mladen. The indicator can be successfully used as a basis for a channel trading strategy. Download the indicator...

mr.trader4 days ago

0 705

ATR HiLo Channel Arrows TT Arrow Indicator

Arrow indicator ATR HiLo Channel Arrows TT, whose author is already known to our readers forum user forexsystemsru.com with the nickname Tankk - a channel built on the basis of High and Low prices with an extension by ATR. The position signals appear in the form of arrows of appropriate color and direction. Note that the arrows can redraw, so one arrow indicator ATR HiLo Channel Arrows TT is not enough for trading. Nevertheless, according to the author of the indicator, it is the best substitute for the TMA Channel indicator. Download ATR HiLo Channel Arrows TT Arrow Indicator Other Arrow and Signal Indicators

mr.trader7 days ago

0 207

Kijun-Sen+Level channel indicator: classic channel trading

The Kijun-Sen+Level channel indicator is based on one of the lines of the popular Ichimoku indicator. As its name suggests, the indicator displays the Kijun-Sen line, in addition to which a channel of levels is created, the distance to which is set in the indicator settings. How to use the Kijun-Sen+Level indicator in trading Like any channel indicator, Kijun-Sen+Level implies trading from the borders of the constructed channel: a Buy position is opened if the current candle crosses the lower level downwards; a Sell position is opened if the candle crosses the upper level downwards. The idea of using separate elements of the Ishimoku indicator is not new, it can often be seen in trend-following trading strategies. The Kijun-Sen+Level channel indicator has a big potential in this respect...

mr.trader2 weeks ago

0 243

Sigma Bands channel indicator: better than Bollinger Bands

the Sigma Bands indicator is a modified version of the standard Bollinger Band indicator, with an expanded set of parameters. the Sigma Bands indicator allows you to take any MA and any number of bars for analysis and builds two channels: one shows where the price is at 68% time for the selected number of bars; the other shows where the price is at 95% time for the selected number of bars. With the default parameters the built Sigma Bands channel will almost exactly repeat Bollinger Bands with the same period equal to BarsCount. But here we have the possibility to build Bollinger Bands not only with any period, changing the BarsCount, but also to build them to the selected...

mr.trader4 weeks ago

0 325

Fractal Bands channel indicator: optimized version of the Bollinger Bands

The Fractal Bands channel indicator is a modification of the standard Bollinger Bands indicator built into the MetaTrader 4 terminal. In the Fractal Bands indicator the bands are built according to the fractal method, which allowed increasing their width. In its turn, it results in decrease of false signals for entering the market and closing positions. The Fractal Bands indicator can successfully replace the standard Bollinger Bands in the trading strategies that imply trading in the channel. Its use will allow you to avoid false signals to open positions, thereby increasing the profitability of strategies. Download Fractal Bands indicator Other channel indicators

mr.traderNovember 24, 2024

0 797

ChannelsFIBO MTF indicator: multi-period version of the channel on Fibonacci levels

ChannelsFIBO MTF indicator is a modification of the ChannelsFIBO indicator, in which the function of multitimeframe display has been added. The item "Initial data timeframe" is added to the ChannelsFIBO MTF indicator parameters, by changing it, you can display a channel built on the Fibonacci levels from any timeframe on the price chart of the currency pair. The experts of fortrader.org pay attention that the indicator ChannelsFIBO MTF shows data only from higher timeframes, which must be taken into account when trading. Download ChannelsFIBO MTF indicator Other indicators on Fibonacci numbers

mr.traderNovember 21, 2024

0 425

ChannelsFIBO indicator: trade by Fibonacci levels

ChannelsFIBO indicator is a modification of MA Channels FIBO indicator, in which the re-rating has been eliminated, and the calculation of values has been accelerated several times. ChannelsFIBO indicator searches for the maximum price shift from the moving average on the selected interval and takes it as 100% channel. Based on this displacement, the indicator lines up with percentage values by Fibonacci numbers. According to experts of fortrader.org, indicators based on Fibonacci levels are among the most accurate and profitable indicators on . Therefore, using the ChannelsFIBO indicator will increase the effectiveness of any trading strategy. Download ChannelsFIBO Indicator Other Indicators Based on Fibonacci Numbers

mr.traderNovember 18, 2024

0 237

Custom Bollinger Bands indicator: profitable modification of the Bollinger Bands

Custom Bollinger Bands indicator is a modification of the standard Bollinger Band indicator with advanced settings. In Custom Bollinger Bands indicator the following parameters are available: Moving Average Methods: Simple Exponential Smoothed Linear Weighted Variants of the applied prices: Close price Opening price Maximum price Minimum price Average price Typical price Weighted average price According to fortrader.org experts, using Custom Bollinger Bands indicator instead of standard Bollinger Bands will better affect market entry accuracy and profitability of trading strategies. Download Custom Bollinger Bands Indicator Other Channel Indicators

mr.traderNovember 11, 2024

0 299

Keltner Channels F1 indicator mtf 2.03 nmc: signal modification

Keltner Channels F1 mtf 2.03 nmc indicator is a signal modification of the popular Keltner Channels indicator based on currency pair volatility. Keltner Channels F1 mtf 2.03 nmc indicator has advanced settings, displays readings in multiframe mode and gives signals for entry in the form of asterisks of the corresponding color. According to experts of ForTrader magazine, the indicator Keltner Channels F1 mtf 2.03 nmc with properly selected settings will give fairly clear signals for market entry. Download Keltner Channels F1 mtf 2.03 nmc indicator Other signal and arrow indicators

mr.traderJanuary 21, 2024

0 1,000

TmaTrue 3.0 with Distances indicator: indicator for channel strategies

The TmaTrue 3.0 with Distances indicator is a channel formed by a so-called "triangular moving average" (TMA - Triangular Moving Average). The TmaTrue 3.0 with Distances indicator additionally visualizes the channel width in pips, as well as the distance from the price to each moving average. The experts of ForTrader magazine pay attention that the TmaTrue 3.0 with Distances indicator, despite the use of moving averages, is not a trend indicator, and is designed for use in channel strategies, which involves trading on the rebound of prices from the border of the channel. The best results (up to 90% profitable trades) indicator shows when trading on commodity assets....

mr.traderJanuary 10, 2024

0 791

Keltner Channels indicator jurik nrp 2 nmc: optimized version of Keltner Channels

Keltner Channels indicator jurik nrp 2 nmc is a modification of the popular Keltner Channels indicator with extended settings and functionality. the Keltner Channels indicator jurik nrp 2 nmc displays a channel built on volatility. Price exceeding the upper limit of the channel is a buy signal, price breaking the lower limit is a sell signal. The indicator works in multiframe mode, displaying a channel from the specified timeframe on the price chart of the currency pair. Additionally, the Keltner Channels indicator has a trend indicator, which changes color depending on its direction. The experts of ForTrader.org think that the Keltner Channels indicator jurik nrp 2 nmc can replace the traditional Keltner Channels indicator...

mr.traderDecember 30, 2023

0 556

i-BBwithFractdev Indicator: Bollinger Bands on Fibonacci Numbers

i-BBwithFractdev indicator is a modification of the standard Bollinger Band indicator of the MetaTrader 4 platform. Unlike standard Bollinger Bands, which builds the price channel only by an integer value of the deviation coefficient, the i-BBwithFractdev indicator allows using fractional values, such as Fibonacci numbers. Fibonacci levels are extremely popular among traders. Therefore, the use of Fibonacci numbers in the i-BBwithFractdev indicator, according to ForTrader.org experts, will extend its functionality and increase the accuracy of signals. Download i-BBwithFractdev Indicator Other Bollinger Band Indicator Modifications

mr.traderDecember 7, 2023

0 453

LinRegression Breakout Signal Indicator

The LinRegression Breakout signal indicator is intended for drawing price channels on the currency pair chart, as well as for marking market entries at the breakout of channels. When breaking through the channel, the LinRegression Breakout signal indicator gives a signal to enter the market in the form of up or down arrows. Stop Loss level is indicated with a cross, Take Profit level - with an arrow pointing to the side. The LinRegression Breakout signal indicator is set by default for the currency pairs EUR/USD, EUR/GBP and the M15 timeframe. The indicator can be set up for any currency pair and timeframe if you want. According to the experts of ForTrader.org journal, the signal indicator LinRegression Breakout can be used as a source of trading signals only for...

mr.traderNovember 21, 2023

0 597

Better Bollinger Bands Indicator: Trade on Volatility

The Better Bollinger Bands indicator is not just a modification of the standard Bollinger Band indicator, but is calculated using a completely different formula. The Better Bollinger Bands indicator displays a dynamic channel built on changes in volatility. As volatility decreases, the channel width also narrows, therefore a sharp break through the channel borders is considered as the beginning of a new movement. Indicator settings Better Bollinger Bands Periods - period of the moving average being the middle line of the channel; Devs - coefficient of the channel width; Price - price on which the indicator is calculated: 0 - closing price (Close), 1 - opening price (Open), 2 - maximum price (High), 3 - minimum price (Low), 4 - average price, (High+Low)/2, 5...

mr.traderNovember 18, 2023

0 597

Indicator ATR Channels: the construction of channels on the level of volatility

ATR Channels indicator belongs to the category of channel indicators. On the price chart of the currency pair, it displays several price channels, for the construction of which are used moving averages and the value of ATR. The settings of the ATR Channels indicator allows you to assign each price channel its coefficient, which makes it possible to narrow or expand each channel separately. Application in trading A feature of the ATR Channels indicator is the expansion of channels with increasing volatility, and the narrowing of the channels with decreasing volatility. According to experts of ForTrader.org, the ATR Channels indicator can be used in trading to determine the levels of setting stop-loss and take profit orders, as well as determining entry points into the market, using a channel strategy. Download the ATR Channels indicator...

mr.traderNovember 15, 2023

0 706

Psevdo regress v2 indicator: a tool for channel and breakout strategies

Psevdo regress v2 indicator is designed for trading in a channel or on a breakdown. The Psevdo regress v2 indicator displays lines that look like regression lines, but are not. That's why the word "pseudo" is in the name. On the price chart of the currency pair, the Psevdo regress v2 indicator displays two red lines and one yellow line. Lines of red color are drawn on fractals down for an uptrend and on fractals up for a downtrend. The yellow line marks the middle of the price channel formed by the red lines. The main line in the indicator is yellow. Its direction and slope angle indicate the current trend of the trading instrument. According to experts...

mr.traderNovember 5, 2023

0 389

Center of Gravity indicator for channel trading

The Center of Gravity indicator is a channel indicator, which displays on the price chart of the currency pair a channel, consisting of 5 lines: Blue line - the middle line of the channel; Green lines - internal borders of the channel; Yellow lines - external borders of the channel. The distance between the inner and outer borders is directly related to the volatility level - the more volatility is, the less the gap between the borders is. Using Center of Gravity indicator The Center of Gravity indicator is used in channel strategies and suggests using two types of entry points: Rebound from the channel's border When the price rebounds from the lower border, we open a buy position, setting the first take profit on the middle...

mr.traderNovember 1, 2023

0 834

STARC Bands indicator: an effective alternative to Bollinger Bands

STARC Bands indicator displays Stoller's average range channels on the price chart, called STARC Bands. STARC Bands indicator is an alternative to the standard Bollinger Bands indicator. In stable markets, STARC bands are narrowed, and expand as volatility increases. Unlike Bollinger Bands, STARC bands do not use close prices and standard quadratic deviation, but rather use the average true ATR range to calculate the average volatility level, which provides more meaningful information about the volatility level. The optimal ATR period is 10. Using STARC Bands indicator in trading The STARC Bands indicator reading can be interpreted in two ways. When using STARC Bands in signal interpretation, crossing by price of the upper or lower channel band is regarded as a signal.

mr.traderOctober 30, 2023

0 787

Keltner Channel indicator: the volatility channel of the currency pair

The Keltner Channel indicator displays a Keltner channel on the price chart, based on price volatility. The channel, which resembles the standard Bollinger Bands, consists of three lines: The middle line - a simple moving average with a period of 10, built on "typical" prices ((high + low + close) / 3); The upper and lower lines - the result of adding and subtracting the value of the average daily price range with the middle line. Keltner Channel indicator parameters MA_Period (default = 10) - period of moving average (middle line). Mode_MA (by default = MODE_SMA) - type of Moving Average (Middle Line). Price_Type (default = PRICE_TYPICAL) - type of prices for the moving average (middle line). Application in...

mr.traderOctober 16, 2023

0 583

Cor Zig Zag indicator: building price channels

Cor Zig Zag Trade Indicator displays channels on the price chart of the currency pair, built on the highs and lows of the Zig Zag indicator. According to experts of the ForTrader.org magazine, the Cor Zig Zag indicator can become an element of a trend trading system, and will also be useful for traders who practice in the analysis of the Zig Zag indicator. Download Cor Zig Zag Indicator You may also be interested in ZigZag Pointer - Extremes indicator MultiZigZag - multiple ZigZag indicator