Introduction to the 3 Level ZZ Semafor Indicator Swing highs and swing lows are some of the most relevant price points for many technical traders. Price action traders use it to identify trend direction, while market flow traders use it to identify key price levels. However, most new traders would find it difficult to effectively … Read more
There are two types of strategies that many traders are drawn to in terms of how it gains profits. First, there are traders who are drawn to strategies with high accuracy. They are often drawn to strategies that could produce more wins more often even with a low risk-reward ratio. These are the types of … Read more
MT5 Indicators – Download Instructions Multi Pair Pivot Point Scanner Alerts 2.8 MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data. Multi Pair Pivot Point Scanner Alerts 2.8 MT5 Indicator provides for an opportunity to detect various peculiarities … Read more
This MACD is using what is known as rma average for MACD calculation. Taking into consideration that rma is a variation if the sma, the macd values produced are almost surprisingly “fast” compared to the regular ema version. It also has some interesting properties when it comes to periods following the … Read more
MT5 Indicators – Download Instructions Trading the Trend MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data. Trading the Trend MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible … Read more
Many traders preach against trying to catch peaks and troughs. In a way they do have a point. Catching peaks and troughs is difficult. It is just as hard to predict where price will stop and reverse, just as it is difficult to catch a falling knife. In a way, this is what many traders … Read more
Introduction to the Trigger Line with Arrow Indicator Moving average crossovers can be good trend or momentum reversal signals. The question is which pair of moving average lines we should use. Let us take a look into the Trigger Line with Arrow indicator which uses a pair of modified moving averages as a basis for … Read more
MT5 Indicators – Download Instructions Pip Chart MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data. Pip Chart MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the … Read more
MT5 Indicators – Download Instructions Unity Pro MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data. Unity Pro MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the … Read more
Introduction to the Time Zones Indicator One of the advantages of forex trading is that it can be traded 24 hours a day, and a little over five days a week. It also allows traders to trade anywhere in the world on any time zone. However, this can sometimes cause confusion for some traders when … Read more