The Order Block Breaker Indicator is a popular technical analysis tool used by forex traders to identify key support and resistance levels based on the order block concept. The indicator is designed to detect and highlight order blocks, which are areas of consolidation where institutional traders place their orders. In this article, we will discuss … Read more
The Forex Indicator Predictor v2 is a popular technical analysis tool used by forex traders to predict future price movements with a high degree of accuracy. The indicator uses a combination of different technical analysis tools, such as moving averages, RSI, and MACD, to generate buy and sell signals. In this article, we will discuss … Read more
Introduction The doji arrows indicator is one of the most popular technical analysis tools on MT4. It’s used to forecast price volatility and predict future movements in an asset’s price, but how does it work? What are these so-called “doji” indicators? And why do they matter? In this article, we’ll look at what these terms … Read more
Definition The FXR Forex Sentiment Indicator for MT4 applies a complex proprietary method to calculate the Buyers power and Sellers power of the market. So, the indicator assists the trader to identify the BULLISH and BEARISH market conditions and to place the best BUY and SELL trades. Once the vital information of trend is established … Read more
Definition The Fibonacci Retracement Indicator automatically draws the Fibonacci levels on the MT4 chart. This removes the “flat market” period from consideration and only considers the stages of active price movement. Name Fibonacci Retracement Indicator Indicator Function Draws Fibonacci Levels Platform MT4 File Size 17.1 KB Working of Fibonacci Retracement indicator? The Fibonacci retracement draws … Read more
Market session indicator mt4 displays the different trading sessions of all significant exchanges in a vertical dotted line. Each exchange has its specific coloured line. The indicator also plots the current and previous session’s highs and lows. This information is necessary for all traders, whether beginners or pros. By keeping an eye on the different … Read more
Definition The Price Action Scanner Indicator for MT4 shows trend reversals and their continuation. Price Action Scanner creates price patterns on all timeframes of the MT4 interface. The importance of timelines should be considered before employing them. The signals will be more precise since less market noise will be considered and the greater the timeframe. … Read more
Definition The Gold level indicator for MT4 is an excellent tool for trading gold. When trading gold, it offers the best entrance point and exit point. Based on market behavior, the indicator suggests appropriate buy and sell points. Finding the pivot and waiting for the market to reach the buy or sell points are all … Read more
Definition The candlestick time indicator is an mt4 indicator that indicates the remaining closing time of the current candlestick on the chart. Time is crucial in trading; this indicator shows the time left to close the recent candlestick pattern. Forex traders switch many timeframes while analyzing the different price charts to find a trading setup. … Read more
Definition The tick indicator is an mt4 indicator that shows the number of the smallest possible movements by the price on the candlestick chart. The tick is the smallest movement of price. For example, when traders open buy/sell orders, the price moves up and down. These slight price movements are termed price ticks. By default, … Read more