Trend indicators
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Linear_Sinus_FT is a mathematical indicator, which works on the principle of approximation of sine waves and implements visualization of Fourier series for currency pairs quotations. The obtained result is shifted in time, the data in the right part of the chart is approximated by the polynomial of degree 3 or less. The fundamental difference of the Linear_Sinus_FT indicator from the analogues is that its readings do not change when changing the historical data. ForTrader.org Comment: Linear_Sinus_FT is a good mathematical indicator. However, when using it, you should clearly understand how it works. Download the Linear_Sinus_FT indicator
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MultiZigZag is an indicator of the ZigZag family. The main difference of the MultiZigZag indicator is that it simultaneously builds the lines of three timeframes at once on one chart: H1, H4 and Daily. It provides a more mobile approach to the trading situation. In addition, this version of the MultiZigZag indicator is light for the PC, because it does not recalculate all data completely at every tick. The fourth ZigZag indicator can also be included if necessary. Comment of ForTrader.org: The MultiZigZag indicator is a good modification of the popular ZigZag algorithm, which can be the basis of a trading strategy . Download MultiZigZag Indicator
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The sinc MA indicator belongs to the family of moving averages, so it is a trend indicator. Ordinary moving averages smooth the data on the basis of fluctuation filtering. The filters usually have delays, the indicators applying smooth functions to price series do not have such disadvantages. This indicator is based on a similar idea, but a mathematical concept of a wavelet is used as a smoothing function. The function used for smoothing is sinc(x) = sin(pi*x) / (pi*x). The author has slightly modernized the function adding an additional multiplier: wave(x,Q) = sinc(x)*(1 + Q*x^2) / (1 + x^2). ForTrader.org comments: The sinc MA indicator belongs to the moving averages, which means that it has all the advantages of...
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EVWMA is an indicator, which is an elastic volume-weighted moving average (hence the name). In fact it is another interpretation on the theme of good old Moving Average, so its main task is to get the best from the usual moving average and to eliminate its drawbacks. What are the differences between the EVWMA indicator and a traditional moving average? Firstly, EVWMA does not have an averaging period, instead it uses volume or time, so it can be considered as a self-adjustable indicator for different market conditions. At the same time volume information is taken into account by EVWMA in a natural way. Comment of ForTrader.org: EVWMA indicator has a mathematical base and it is recommended to be used as trend indicator instead of traditional moving averages. However, you should take into account...
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Master-class: Trading strategies in practice. Strategy 10 When studying stock trading and trading systems in particular, we are used to distinguishing two states in the market: a trend and a flat. Based on the knowledge of which of them prevails in the market, a trader makes a decision to "turn on" one or another system. For example, a trend following system - to work in a trend with wide stop-orders or without them, and with even larger TakeProfits. Or counter-trend - to work in a flat, triggered when the price approaches a significant level of support or resistance. Such a system assumes a relatively short Stop Loss and Take Profit, i.e. exit the market when the price approaches the opposite border of the flat. However on...
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The HLCrossSig for WPR is a trend indicator, which independently determines the market entry and stop order levels for a trader. The HLCrossSig for WPR is based on the combination of standard MetaTrader 4 indicators. Like any trend indicator, HLCrossSig for WPR has a disadvantage in the appearance of false signals on a sideways market, so choose a more volatile currency pair and strictly follow the money management rules. In the case of a clearly false signal, it is recommended to reconfigure the parameters. The signal to open the indicator HLCrossSig for WPR is the appearance of red or blue arrows. Orange crosses indicate the levels of stop orders. Comment of ForTrader.org: The HLCrossSig for WPR...
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The Morning_Fibonacci indicator is based on the tendency of the price to break through the morning opening range and form a trend in the direction of this breakdown. The indicator consists of horizontal lines of different colors, which show possible supports and resistances after the breakdown of the morning flat. These levels represent a Fibonacci grid. It is considered that the end of the flat should be taken as the beginning of the European session. In this case the level 161, for example, is reached with the highest probability (4/5). The Morning_Fibonacci indicator plots the levels 161, 261 and 423 on the price chart. ForTrader.org comment: If you use strategies on the breakdown of the morning ranges in your work, you should add this indicator as an additional filter. Download the Morning_Fibonacci indicator
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Индикатор RCFMA зрительно напоминает MACD, для построения он использует три скользящие средние разных периодов. Таким образом, производится попытка охватить несколько трендов разной продолжительности. Сигнал на покупку появляется, когда быстрая скользящая средняя указывает на рост, т.е. красная линия индикатора RCFMA находится выше нулевой отметки, при этом гистограмма должна находиться в положительной зоне — среднее скользящее среднее находится выше медленного. Сигнал на продажу возникает в противоположной ситуации. Комментарий ForTrader.org: RCFMA – еще одна вариация на тему старых добрых скользящих средних. Если в вашей стратегии уже есть трендовый индикатор, то данный не покажет вам ничего нового. Скачать индикатор RCFMA
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The purpose of the XMA is the same as other moving averages - to indicate the presence of a trend. However, the XMA has its own unique distinction: following the price chart in a trend, it has an inclined position, while during the sideways movement XMA is at rest, drawing a horizontal line. This fact greatly simplifies the analytical assessment of the XMA. The signal for entry is the closing of the candle above or below the line indicator in the trend conditions (slanting position of the line). A position should be closed after the price has crossed the indicator line or after it has closed outside the line in the range conditions (horizontal position of the line). Comments of FotTrader.ru: We believe that this variant of sliding...
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Fractals are one of traders' favorite tools, often used to build trends and price channel lines. The Fine Fractals indicator allows you to see important extrema that the regular Fractals indicator misses. To work in a flat, the Fine Fractals indicator has added a shift function for a more accurate time of identifying an extremum. Comment of ForTrader.org: on the one hand, the Fine Fractals indicator shows us a greater number of extrema, but in a trend it can play a cruel joke, indicating an excessive number of unimportant supports and resistances. Download the Fine Fractals indicator
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The graphical representation of the Parabolic_ZZZ indicator is similar to the popular Zigzag indicator - on the chart we also see "teeth" drawn along the extremes. The Parabolic_ZZZ indicator is based on the standard Parabolic SAR and has its settings. On the peaks of the presented waves, there are marks of the last price for clarity of use. Fibonacci levels are automatically built on the last two waves formed. The last line on the current chart is red - this is an unfinished wave yet. Comment of ForTrader.org: Parabolic_ZZZ indicator obviously was written by a trader for his own needs, since it clearly reflects the work of the trading strategy. However, it can be useful in trading as a visual tool, especially on high timeframes. Download Parabolic_ZZZ
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In the work of the trader from time to time there is a need to build indicators on the data of higher timeframes on lower, which leads to the effect of "staircase" due to the stretching of one value for several bars. This is usually done in intraday or short-term strategies to identify the strong levels of the day. The solution to this problem is the mechanism of "substituting" the last bar at a higher timeframe for the current bar of the selected time period. This principle is implemented in the indicator Proper MA for moving average. Using this principle, you can smooth or, in other words, properly "stretch" the construction of any indicators. ForTrader.org comment: In our opinion, the importance of the Proper MA indicator is exaggerated taking into account its real purpose.
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Everyone knows the moving averages, these indicators are the basis of many trend systems. The adaptive average or PeriodAdaptiveMA performs the same function, but is tied to the beginning of the selected period. The main parameter of the PeriodAdaptiveMA indicator is LargeTF, the timeframe that is taken as the base. The opening of a new candle on this timeframe will be the starting point for the formation of values of the adaptive average from the beginning. LargeTF can take on different values. It should be taken into account that if you select the current timeframe, larger or equal to the LargeTF timeframe, the PeriodAdaptiveMA indicator will not work, about what the trader will be notified with a special message. Comment of ForTrader.org: the indicator is a rather curious interpretation of the standard MA. However, it should be taken into account that with...
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TrandValue - refers to the trend one. It can implement a wide range of trader's tasks, such as getting a signal to close a position. The main advantage of TrandValue is that it sends signals before the MA and MACD. Also, it can be used to filter counter-trend deals. The ATR is used in the calculation of the indicator, which makes TrandValue sensitive to the sideways range. This allows you to monitor price breakouts and open positions in time and profitably. Comment of ForTrader.org: TrandValue is a versatile indicator, which will certainly be useful in various tactics and strategies. Download TrandValue indicator
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The FractalsTrend indicator connects the last two fractals at the top and bottom of the chart with a line, allowing you to see the direction of the trend. FractalsTrend indicator is based on the idea of B. Williams' fractals and classical technical analysis, according to which a trend is a sequence of simultaneously increasing highs and lows. The absence of a trend is characterized by chaotic dynamics, when the direction cannot be determined. FractalsTrend indicator signals: price crosses one of the outer lines when they move in the same direction, price rollback to one of the lines after the breakdown. Comment from ForTrader.org: FractalsTrend is not a bad trend indicator, it will be especially useful in a strategy based on the fractal theory. Download the FractalsTrend indicator
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The indicator with a simple name Palka performs a simple task for the trader - it draws a line between the closing levels of the current candle and candle n. This allows you to visually see and determine the direction of the current trend, as well as its strength and degree of slope, which is required for some trend trading strategies. Comment by ForTrader.org: The Palka indicator is a simple indicator-helper, additional for a suitable trading strategy. Download Palka Indicator
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The LRMA BB channel trading indicator is a modification of the moving average calculated using a linear regression method. In addition, the LRMA BB indicator is complemented by the Bollinger Bands. Channel trade indicator LRMA BB due to the use of linear regression responds more flexibly to price changes, and its integration with the Bollinger Bands allows you to apply it to trade on the rebound of price from the boundaries of the channel. Download LRMA BB channel trading indicator Other profitable indicators for trading Bollinger Bands DV NZL AA MTF TT Arrow Trading Indicator SL-TP Mouse trading script for setting stop-loss and take-profit Market Change Cycles trading indicator for MT4 and MT5
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The MA TL new Gradus MA trading indicator builds an adaptive channel on the price chart of a currency pair, the width of which depends on the "slope angles" of prices from two candles with a set deviation. The MA TL new Gradus MA indicator series has been improved by Tankk, a famous author of many profitable indicators on the forexsystemsru.com traders forum. In the optimized variant instead of the classical moving average Hala HullMA is used, in which lag is eliminated, and T3, in which noise is eliminated and reaction to price changes is accelerated. The advantage of the author's indicators MA TL new GR+TG HMA and MA TL new GR+TG T3 is not just their high efficiency. In contrast to conventional indicators,...
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The Heiken Ashi DS AwP MTF TT trading indicator is a modification of the popular Heiken Ashi indicator, made by Tankk, well-known on the forexsystemsru.com forum traders, author of many profitable technical indicators. Heiken Ashi DS AwP MTF TT indicator displays the following on the chart: yellow line - price (3 calculations); horizontal line of arrows - pivot level of the upper timeframe. The indicator signals are interpreted as follows: if the price closed above the pivot level - green arrows cubes; if the price closed below - red arrows cubes. The Heiken Ashi DS AwP MTF TT Trade Indicator, averaging the Open/Close prices of the current and previous candles, allows easy visual determination of the trend direction. And implemented in the...
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The Market Phase Index trend trading indicator is designed to determine trend and flat phases based on the amplitude of the price and crossing bars. Market Phase Index indicator signals are interpreted as follows: if the indicator values are higher than 0.4, it is recommended to use trend strategies; if the indicator values are lower than 0.4, it is recommended to use flat strategies. The trend trading indicator Market Phase Index can be most useful for Expert Advisors to identify favorable or unfavorable conditions for trading based on their strategies. It is recommended to consider the indicator values at high timeframes. Download Market Phase Index indicator for MT4 Download Market Phase Index indicator for MT5 Other profitable trading indicators Trade...
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