Channel indicators
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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
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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
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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
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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
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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....
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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...
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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
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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
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The enLight_LRChannel_Draw indicator unmistakably detects channels on the chart. In fact, the channel detection technology is identical to the system described by V. Barishpoltz in his "Sliding Channels" system. Operating algorithm of the enLight_LRChannel_Draw forex indicator Channel is drawn in color Colour, if the MinChannelWidth parameter in the Expert Advisor is set to zero or the Expert Advisor is not installed on the chart. The channel is drawn in ColourTrue, if Expert Advisor MinChannelWidth parameter allows trading at this width. Otherwise, the channel is drawn with ColourFalse. The indicator draws the lines of the current channel. However, if you want to draw the channel lines manually, disable the indicator and draw the channel lines with the horizontal and trend line drawing tools. Indicator parameters enLight_Channel_Draw Colour=Blue: The color the channel lines are drawn with when the advisor is absent or...
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Another indicator from the Fiji series, which is a bounce-back system from the channel. According to ForTrader.org experts, the Fiji BB Alert indicator is based on the standard Moving Average, while working like Bollinger Bands, hence the name. The basis of the Fiji BB Alert indicator, as can be seen in the figure, is a channel and is built dynamically, moving behind the price. The signal to open a trade is when the price exits the channel and the next candle closes within it. The rebound from the lower boundary is marked with a blue circle and is a prerequisite for a Buy trade, from the upper boundary - with a white circle (changed to gray in our case), indicating a sell trade. According to the opinion.
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The main task of the XPonts indicator is to find the reversal candles on the chart, which will help you enter at the very beginning of the incipient trend. Such a task has been tried before, but so far no Grails have been written. So, the ХPointers indicator represents a dynamic channel that follows the price movement, as well as signal arrows to buy (blue) and sell (red). The basis of the XPonts indicator is a simple mathematical formula: rate = (High - Low) / MathAbs (Close - Open). If rate is greater than 1, and Low or High touched the channel borders, it gives corresponding trade signal. Parameters of ХPointers Signal Indicator ХPointers has a lot of parameters: per...
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Here is a Bollinger bands bars indicator for those who prefer not to clutter up the price chart. In contrast to the traditional Bollinger bands, which are superimposed directly on the bars, BB bars opens in a separate window, completely duplicating the price chart and the standard indicator. The Bollinger bands bars indicator is designed for the MT4 terminal and is quite decently drawn. It updates on every tick with no delays. According to ForTrader.org experts, the Bollinger bands bars indicator will not give you any unusual or earlier signals, but will allow you to analyze the price chart without interference. Download BB bands indicator Similar indicators Bollinger Bollinger Bands (Bollinger Bands, BB) Bands+Fibo_True - ParMA graphical indicator BB - trend indicator Stochastic Bollinger Bands oscillator
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The Channels indicator for the MT4 terminal is a successful attempt to automatically build adaptive channels in real time. The indicator evaluates the state of the market and builds actual levels at the close of each new bar, which, according to ForTrader.org magazine experts, is often missing for such indicators. For this filter to work, it needs a trading history - at least 400 bars of each timeframe. If this data is missing, Channels will indicate that historical data is missing, and it is sufficient to switch between periods to restart it. Channels indicator settings Channels indicator has a rich set of control parameters: Start - current chart bar number, from which data analysis starts, 0 - from the current one. BarAnaliz - the...
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