Definition BR Rsi Indicator is an mt4 indicator that shows the rsi value of the last three candlesticks in the form of red and green dots. This indicator works like a dashboard on the mt4 that displays the values of all the forex currency pairs. The best feature of this indicator is that you don’t … Read more
Definition A cycle identifier indicator is an MT4 indicator that signals the completion of a market cycle to open a buy/sell order according to the signal. This indicator plots signals in the form of red and green bars. It is straightforward to use, but the algorithm behind this indicator is complex and contains combinations of … Read more
Definition MTF MACD is a technical indicator determining the trend of multiple timeframes of a specific currency pair in trading. Here MTF denoted the multi timeframes. It helps mainly in multi-timeframe analysis to forecast the market more accurately. Forex traders use different strategies to forecast the market. Multi timeframe analysis is one of the winning … Read more
Definition TDI RT Clone indicator is a trading system that determines the market volatility, divergence, and trend reversal. It is a complete trading system that can be used to open and close trades in the financial market. What are the components of the TDI RT Clone indicator? Trader dynamic index Divergence indicator consists of the … Read more
Introduction Macd divergence indicator is an MT4 indicator based on the price and indicator value to show divergence on the chart. It is based on the divergence phenomenon and MACD indicator. MACD is the most famous indicator retail traders use to forecast the market. But we can get high probability setups by combining MACD and … Read more
Introduction CCI indicator means commodity channel index indicator. It is used to determine the trend’s strength based on the current and average price of specified periods in MetaTrader 4. It is like the overbought and oversold indicator, but the working formula is different. Forex traders use the CCI indicator on multiple timeframes to determine the … Read more
Introduction The overbought oversold indicator is an mt4 indicator that generates buy and sell signals based on an overbought/oversold histogram with high accuracy. This indicator tells a trader about the sweet points where a price trend reversal can be expected. It is installed in MetaTrader 4 and is very easy to use because it will … Read more
Trend reversal indicator in mt4 consists of two moving averages that signal a change of price trend. It indicates whether the recent timeframe trend is bullish or bearish, So we can trade only in the direction of the main trend. This signal indicator will open in a separate window on MetaTrader 4 platform. How to identify … Read more
Trend Wave indicator MT4 is a custom forex momentum oscillator that generates accurate long/short trade entries during trending market sessions. Trend waves work based on simple moving averages and a combination of prices. How to use a trend wave indicator? Trend wave catches short-term price reversals during the ongoing trending market in a very accurate … Read more
Introduction to Currency Correlation mt4 indicator Currency correlation mt4 indicator displays the relationship of the quote and base currency in form of an oscillator. In forex trading, a pair of currencies are always traded. The price of a currency pair will move up if both currencies are in the opposite trend. It helps retail traders … Read more