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  Shows trading information such as spread, ATR, swap, etc.   The fractal trend indicates the actual price relative to each timeframe’s last high and last low fractal points. The place of indicator’s panel is adjustable (corner and X-Y offset) and with “All Other Objects To Background” switcher can be always on top. You can hide each information what isn’t useful for you.

This is the second article in our Stochastics indicator series. If you haven’t already, we suggest that you check out the first article about the Stochastics Indicator. In the previous article, we have covered the background, the calculations involved, and how to use and read the Stochastics indicator. The Stochastics indicator is said to be “leading” since it generates signals before they appear in pricing behavior. Traders use the indicator to determine overbought and oversold conditions and the beginnings and endings of cycles in the forex market.   Forex traders focus on the Stochastics key points of reference, which are highpoints, lowpoints, divergences, and occasionally crossovers. As with any technical indicator, a Stochastics chart will never be 100% correct in the signals that it presents, but the signals are consistent enough to give a forex trader an “edge”. Skill in interpreting and understanding Stochastics indicator signals must be developed over time. In the example below, let’s develop a simple trading system based on Stochastics signals and alerts.     The following trading system is for educational purposes only. Technical analysis takes previous pricing behavior and attempts to forecast future prices, but, as we have all heard before, past results are no guarantee of future performance. With that disclaimer in mind, the “Green” circles on the above chart illustrate optimal entry and exit points for a short-selling strategy using Stochastics analysis in combination with the “divergence” noted at key decision points (Stochastics are moving counter to pricing behavior).   A simple short-selling trading system would then be: 1. Determine your entry point after the “Green” Stochastics line crosses the upper extreme, diverges from pricing behavior, and the “Red” lines also crosses in an upward fashion; 2. Execute a “Buy” order for no more than 2% to 3% of your account; 3. Place a stop-loss order at 20 “pips” above your entry point; 4. Determine your exit point after the “Green” Stochastics line dips below an extreme lower value and is crossed by the “Red” line in a downward motion (delay closing the position if divergence is noted).   Steps “2” and “3” represent prudent risk and money management principles that should be employed. This simple trading system would have yielded two profitable trades totaling 85 “pips”, but do remember that the past is no guarantee for the future. However, consistency is your objective, and hopefully, over time, Stochastics Technical Analysis will provide you with an “edge”.  

This is the third article in our Williams Percent Range indicator series. If you haven’t already, we suggest that you check out the first article about the Williams Percent Range Indicator. In the previous two articles, we have covered the background, the calculations involved, and how to use and read the Williams Percent Range indicator. The Williams Percent Range indicator is uncanny in its ability to signal a reversal one to two periods ahead of reality. Traders use the indicator to determine overbought and oversold conditions and reversals in market trends.   Forex traders focus on the Williams Percent Range key points of reference, which are highpoints and lowpoints. As with any technical indicator, a Williams Percent Range chart will never be 100% correct in the signals that it presents, but the signals are consistent enough to give a forex trader an “edge”. Skill in interpreting and understanding Williams Percent Range indicator signals must be developed over time. In the example below, let’s develop a simple trading system based on Williams Percent Range signals and alerts.     The following trading system is for educational purposes only. Technical analysis takes previous pricing behavior and attempts to forecast future prices, but, as we have all heard before, past results are no guarantee of future performance. With that disclaimer in mind, the “Green” circles on the above chart illustrate optimal entry and exit points for a trading strategy using Williams Percent Range analysis in combination with the additional smoothed moving average – note the reversing slope patterns of the SMA as confirmation points for the %R trading signals generated.   A simple trading system would then be: 1. Determine your entry point after the “Blue” %R line crosses the lower extreme value and after the “Red” line SMA flattens before changing direction; 2. Execute a “Buy” order for no more than 2% to 3% of your account; 3. Place a stop-loss order at 20 “pips” above your entry point; 4. Determine your exit point after the “Blue” %R line rises above an extreme upper value and after the “Red” line SMA flattens before changing direction.   Steps “2” and “3” represent prudent risk and money management principles that should be employed. This simple trading system would have yielded one profitable trade totaling 120 “pips”, but do remember that the past is no guarantee for the future. However, consistency is your objective, and hopefully, over time, Williams Percent Range Technical Analysis will provide you with an “edge”.  

The “Momentum” indicator is another member of the “Oscillator” family of technical indicators. The creator of the Momentum indicator is unknown, but Martin Pring has written much about the indicator. It attempts to measure the momentum behind price movements for the underlying currency pair over a period of time. Traders use the index to determine overbought and oversold conditions and the strength of prevailing trends.   The Momentum indicator is classified as an “oscillator” since the resulting curve fluctuates between values about a “100” centerline, which may or may not be drawn on the indicator chart. Overbought and oversold conditions are imminent when the curve reaches maximum or minimum values. The addition of a Smoothed Moving Average with the indicator improves interpretation of imminent trend changes.   MOMENTUM FORMULA The Momentum indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps: 1. Choose a predetermined period “X” (Standard value is “14”, although a value of “8” or “9” tends to be more sensitive); 2. Calculate “Close1” as the closing price for the current bar; 3. Calculate “CloseX” as the closing price “X” bars ago; 4. MOMENTUM = 100 X (“Close1″/”CloseX”)   Software programs perform the necessary computational work and produce a Momentum indicator as displayed in the bottom portion of the following chart:     The Momentum indicator is composed of a single fluctuating curve. Traders will occasionally add a Smoothed Moving Average, as above in “Red”, to enhance the value of the trading signals. In the example above, the “Blue” line is the Momentum, while the “Red” line represents a “SMA” for “14” periods. The Momentum is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent. The weakness in the indicator is that timing is not necessarily a product of the Momentum, the reason for attaching a “lagging” moving average to confirm the Momentum signal.   The Momentum indicator is regarded as an excellent gauge of market strength. A shorter period setting will create a more sensitive indicator, but will also increase choppiness and the potential for increased false signals.  

The “Parabolic Stop and Reverse”, or “SAR”, indicator was developed by J. Welles Wilder to assist in determining the end of a trend and to supplement other trend-following systems. Traders use the indicator to designate optimal exit points. The system gets its name from the parabolic form of “dots” that follow underlying trends.   The SAR is not technically classified as an “oscillator”, but the indicator is often used with oscillators. The parabolic “dots” are easy to interpret. Each point represents a potential reversal in pricing behavior. The dots appear below price indicia on an uptrend and above them on a downtrend. The SAR indicator works best in trending markets, but can give false signals in ranging sideways markets.   PARABOLIC SAR FORMULA The Parabolic SAR indicator is common on Metatrader4 trading software, and the calculation formula sequence can be rather involved. For each step in a trend, the SAR value is calculated one period before. In other words, today’s value is calculated from yesterday’s data. The formula consists of the following steps: 1. “SAR+1” = “SAR” + A (“EP” – “SAR”) where 2. “SAR” and “SAR+1” are today’s and tomorrow’s SAR values; 3. “EP”, or Extreme Point, equals the highest price point during an uptrend, or the lowest price point in a downtrend, and is updated if a new “max” or “min” is observed; 4. “A” is the acceleration factor. In forex, it is set to start at “0.02”. It is raised by a similar amount every time a new EP record is recorded. As “A” increases, the SAR converges towards the price of the currency. A maximum value is also set, typically “0.20”. 5. There are also “boundary” considerations that modify the SAR in case the iterative calculation produces a value outside of the general form. 6. There are also additional rules that apply when a trend suddenly switches. EP and A values are reset, and the process starts all over again.   Wilder also suggested that the Parabolic SAR and the ADX indicators work well in tandem. Software programs perform the necessary computational work and produce a Parabolic SAR indicator as displayed in the upper portion of the following chart with the ADX indicator appearing on the bottom portion:  

The “Relative Vigor Index”, or “RVI”, is a popular member of the “Oscillator” family of technical indicators. Although the creator of the Relative Vigor Index is unknown, its design is very similar to Stochastics except that the closing price is compared with the Open rather than the Low price for the period. Traders generally expect the RVI to signal direction shifts and to increase in Bullish markets when momentum is on the rise and closing prices exceed opening values. Fluctuations tend to be smoother such that divergences between the index and price behavior have more meaning.   The Relative Vigor Index indicator is classified as an “oscillator” since the values fluctuate between computed positive and negative values. The indicator chart typically has a centerline at “0.00” with the RVI and its companion weighted moving average vibrating about it. High values are interpreted as a strong overbought condition, or “selling” signal, and low values, a strong oversold condition, or “buying” signal.   RELATIVE VIGOR INDEX FORMULA The Relative Vigor Index indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps: 1. Choose a period value of “N” (Standard = 14, but “10” is preferred); 2. RVI = (Close – Open)/(High – Low) using price data for the period; 3. Calculate an “N” period SMA for the RVI; 4. Calculate a signal line of the weighted moving average for last four values.   Software programs perform the necessary computational work and produce a Relative Vigor Index indicator as displayed by the two lines as in of the following chart:     The Relative Vigor Index indicator is composed of two fluctuating curves – the “Green” line, which is the smoother RVI values, and the “Red” signal line. The Relative Vigor Index oscillator is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent, especially when lines cross into extreme regions or when values diverge from current pricing behavior. The weakness in the indicator is timing and that it often gives counter-intuitive values that confuse rather than assist traders. Using an additional indicator may reduce the propensity for false signals.  

The “Relative Strength Index”, or “RSI”, indicator is a popular member of the “Oscillator” family of technical indicators. J. Welles Wilder created the RSI in order to measure the relative changes that occur between higher and lower closing prices. Traders use the index to determine overbought and oversold conditions, valuable information when setting entry and exit levels in the forex market.   The RSI is classified as an “oscillator” since the resulting curve fluctuates between values of zero and 100. The indicator typically has lines drawn at both the “30” and “70” values as warning signals. Values exceeding “85” are interpreted as a strong overbought condition, or “selling” signal, and if the curve dips below “15”, a strong oversold condition, or “buying” signal, is generated.   RSI FORMULA The RSI indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps: 1. Choose a predetermined period “X” (Standard value is “14”, although a value of “8” or “9” tends to be more sensitive; 2. Calculate “RS” = (Average of “X” periods up closes/Average of “X” periods down closes; 3. RSI = 100 – [100/(1 + RS)]   Software programs perform the necessary computational work and produce an RSI indicator as displayed in the bottom portion of the following chart:     The RSI indicator is composed of a single fluctuating curve. Traders will occasionally add an exponential moving average, as above in red, to enhance the value of the trading signals. In the example above, the “blue” line is the RSI, while the “red” line represents an “EMA” for the same period variable of “8”. The RSI is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent. The weakness in the indicator is that timing is not necessarily a product of the RSI, the reason for attaching a “lagging” moving average to confirm the RSI signal.   Large surges in price changes can cause the RSI indicator to give false signals. It is prudent to complement the RSI with another indicator. Wilder also believed that the forte of the indicator was revealed when its values diverged from the prevailing prices in the market.

The “Stochastics” indicator is a popular member of the “Oscillator” family of technical indicators. George Lane created the Stochastics oscillator when he observed that, as markets reach a peak, the closing prices tend to approach the daily highs, and vice-versa. The Stochastics indicator is said to be “leading” since it generates signals before they appear in pricing behavior. Traders use the indicator to determine overbought and oversold conditions and the beginnings and endings of cycles in the forex market.   The Stochastics indicator is classified as an “oscillator” since the values fluctuate between zero and “100”. The indicator chart typically has lines drawn at both the “20” and “80” values as warning signals. Values exceeding “80” are interpreted as a strong overbought condition, or “selling” signal, and if the curve dips below “20”, a strong oversold condition, or “buying” signal, is generated.   STOCHASTICS FORMULAThe Stochastics indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps: 1. Stochastics consist of two lines formed by “%K” and “%D”;2. Choose a period “N” for “%K”, “X” for %D (Standard settings = 9,3);3. %K = 100 * (CCL – LN)/(HN – LN) where CCL = Current Closing Price, LN = lowest low of past “N” periods, HN = highest high of past “N” periods;4. %D = 100 * (HX /LX) where HX = X-period sum of (CCL – LN), LX = X-period sum of (HN – LN).   Software programs perform the necessary computational work and produce a Stochastics indicator as displayed by the two lines in the bottom portion of the following chart:     The Stochastics indicator is composed of two fluctuating curves – the “Green” %K line, and the “Red” %D signal line. Forex traders prefer a slower version of this indicator because they believe the signals are more accurate. For Slow Stochastics, %K becomes the old %D line, and the new %D is derived from the new %K. The chart above is the slower version, a setting selection on the Metatrader platform. The Stochastics oscillator is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent, especially when lines cross into extreme regions. The weakness in the indicator is that it is difficult to discern how long in advance the signal truly is.   HOW TO READ A STOCHASTICS CHART   The Slow Stochastics oscillator with settings of “9, 3, 3” is presented on the bottom portion of the above “15 Minute” chart for the “AUD/USD” currency pair. In the example above, the “Green” line is the Stochastics “%K” value, while the “Red” line represents the “%D” signal line that acts like a moving average. Stochastics values below 20 and over 80 are worthy of attention.   THE STOCHASTICS ROLLERCOASTERThe key points of reference are highpoints, lowpoints, divergences, and occasionally crossovers. The slow “Stochastics Rollercoaster” tends to be more sensitive and is favored by forex traders. The Stochastics oscillator attempts to convey pricing momentum direction changes. Typical “oversold” and “overbought” conditions are noted on the chart, and line crossings confirm these trading signals. Divergences are also important as seen in the noted “overbought” condition. Prices are reaching new highs, but the Stochastics are already receding from previous highs, a sign to sell or short.   As with any technical indicator, a Stochastics chart will never be 100% correct. False signals can occur, but the positive signals are consistent enough to give a forex trader an “edge”. Skill in interpreting and understanding Stochastics signals must be developed over time, and complementing the Stochastics tool with another indicator is always recommended for further confirmation of potential trend changes.   In the next article on the Stochastics indicator, we will put all of this information together to illustrate a simple trading system using this Stochastics oscillator.

The “Williams Percent Range”, or “%R”, indicator is a popular member of the “Oscillator” family of technical indicators. Larry Williams created the %R oscillator along the same lines as the Stochastics indicator, but without the “smoothing” component and with a reversed scale. The Williams Percent Range indicator is uncanny in its ability to signal a reversal one or two periods ahead of reality. Traders use the indicator to determine overbought and oversold conditions and reversals in market trends.   The Williams Percent Range indicator is classified as an “oscillator” since the values fluctuate between zero and “-100”. The indicator chart typically has lines drawn at both the “-20” and “-80” values as warning signals. Values between “-80” and “-100” are interpreted as a strong oversold condition, or “selling” signal, and between “-20” and “0.0”, as a strong overbought condition, or “buying” signal.   WILLIAMS PERCENT RANGE FORMULA The Williams Percent Range indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps:   1. Choose a period “N” for “%R” (Standard is “14”); 2. %R = 100 * (HN – CCP)/(HN – LN) where CCP = Current Closing Price, LN = lowest low of past “N” periods, HN = highest high of past “N” periods;   Software programs perform the necessary computational work and produce a Williams Percent Range indicator as displayed by the “Blue” line in the chart below:     The Williams Percent Range indicator is composed of a single fluctuating curve. Traders will occasionally add a Smoothed Moving Average, as above in “Red”, to enhance the value of the trading signals. In the example above, the “Blue” line is the Williams Percent Range, while the “Red” line represents a “SMA” for “14” periods. The Williams Percent Range is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent. The weakness in the indicator is that timing is not necessarily a product of the %R oscillator, the reason for attaching a “lagging” moving average to confirm the Williams Percent Range signal.   Forex traders favor the Williams Percent Range indicator because of its ability to foretell reversals one to two periods ahead of time. As with any oscillator, one should wait until actual pricing behavior confirms the reversal.   The next article in this series on the Williams Percent Range indicator will discuss how this oscillator is used in forex trading and how to read the various graphical signals that are generated.

Leveraging the benefits of the Relative Strength Index (RSI) in forex trading is easy when you know how to go about it. All it takes is a keen eye and in-depth understanding of how this particular indicator works. It may also require the utilization and analysis of other key indicators for surety. In this article, you will get to learn everything about the RSI – what it is, how it is used, and its complementary indicators.     What is the Relative Strength Index? The RSI is one of the common indicators popular among forex traders. Like other indicators, it is designed to aid with analysis and help traders place accurate trades. In some ways, the RSI functions in a similar manner to the stochastic indicator in that it identifies oversold and overbought currencies – it helps to identify tops and bottoms.   The RSI is scaled from 0 to 100, and the key readings are divided into four main categories. Two of these categories have to do with oversold and overbought market conditions – readings below 30 indicate oversold conditions while readings above 70 indicate overbought conditions. The third and fourth categories split the range in half – readings above 50 indicate that there is a possible uptrend while readings below 50 indicate otherwise.   Using the RSI in Forex Trading It becomes easier to analyze the RSI with the aforementioned categories in mind. The following is a look at what each of these categories does, and how you should apply them in the market: - Below 30 – Oversold - Above 70 – Overbought - Below 50 – Possible Downtrend - Above 50 – Possible Uptrend   Consider a EUR/USD trade. Taking the normal fluctuations into consideration, should the RSI drop to below 30 then it is an indication that the pair has been oversold and it is highly likely that there are very few sellers left to fuel the current downtrend. In this case, this is an indication that the current downtrend may be over, and the ideal response is to bank on an uptrend as the price will likely reverse.   Sticking with the EUR/USD trade, an RSI rise to above 70 is an indicator that the pair has been overbought. This means that there are too few willing buyers in the market to sustain the uptrend and is an indicator that prices will reverse soon. Ideally, a smart trader would bank on a downtrend.     Getting in on the right trend at the right moment is often rewarding. The RSI also comes in handy when determining whether a trend is forming and whether it will hold. Readings below 50 are an indication that a downtrend has been forming and likely has a strong momentum that will hold for some time.  Readings above 50, on the other hand, show that an uptrend has been forming and will likely hold for some time depending on the market’s volatility. One tip that you should remember is that it may become necessary to adjust the overbought and oversold readings to 80 and 20 depending on the market conditions.   Complementary Indicators To Use In the Forex and Stock Market Like many other indicators, the Relative Strength Index also has shortcomings that compromise its accuracy. The forex and stock markets need deep analysis and thus require a wider analysis. It is for these reasons that additional indicators become necessary when analyzing using the RSI. Several indicators help complement the RSI, but none is as convenient as the following two: - The Moving Average Convergence Divergence - The Average Directional Index   The MACD If the MACD shows divergence from price, then this is an indication that a retracement is imminent and trade is profitable. Divergence would come up if, for instance, the price makes a new high but the MACD turns from a downward slope to an upward one.   The Average Directional Index (ADI) If the ADI matches the direction of a possible retracement, then this is an indication that a trade would be rewarding. One vital tip you should consider is that in addition to these signals, you may also need to use a stop-loss order just beyond the low and high prices just to be safe.   Forex and Stock Trading – A Lucrative Endeavor Trading stocks and forex is not a privilege for a select few as the common misconception goes. Anyone can do it given the right know-how and resources such as the RSI and other indicators. It is a lucrative endeavor that enriches and enlightens, and you have nothing to lose by giving it a try.

The simple moving average (SMA) is widely used in forex analysis. It is the simplest of all forex analysis moving average methods. The premise of the SMA is comparing the closing price of assets to the period of trade. The total price at the end of a particular trading period is thus divided by the amount of time during that period. Such calculations are essential to the trade since they give traders proper insights that allow them to trade effectively. In order to understand the SMA, it is important to look at the various aspects of the indicator.   Simple Moving Average Indicator (SMA) Explained   How the SMA is calculated The SMA is calculated by adding up the price over the trading periods and then dividing it by the total time. If the chart has 5 sessions of 10 minutes each, for instance, the SMA would be calculated by adding up the closing prices of the number of sessions and then dividing that by 5. In this case, the total closing price over the 50 minutes would be divided by 5. The great thing about the charting packages that come with trading programs is that the calculations are done automatically. But it is important to know how the program arrives at the results so as to have a proper understanding of your trade.   Understanding the mechanisms of the indicator allows you to make different adjustments and strategies that suit you. The market changes a lot and traders are required to have a variety of strategies in order to succeed. It is also important to note that the calculations are based on the historical events of the market. This means that the results that you get from calculating the SMA are not real-time. Instead, they are simply meant to show the general trend of the market over a trading period that has already elapsed.   A key thing to note when using the SMA is that calculations for longer periods of time are not as accentuated as short-term calculations. The long-term calculations thus take more time to react to price movements. The indicator is therefore great for showing the general broader view of the market and the possible general future trend. Indeed, the SMA is known for its ability to show pairs that are either trending down or up. The SMA is nevertheless susceptible to sudden spikes. False signals are thus common with the indicator.   The significance of the SMA in analysis The moving average indicator is one of the most used analytical tools in the forex market. This is because of its power when it comes to giving a simple and straightforward view of the market. It has a lot of significance in the forex trading realm for many reasons. Its ability to identify current price trends as well as the possibilities of short-term change is invaluable. The SMA is nevertheless often used as an additional tool when more complex situations are involved. When it is combined with other analytical tools, it can be able to act as the basis of signal tracking in the market.   Popular SMA patterns Just like other kinds of tools, the SMA can be used in multiple ways. There are a number of trading patterns that traders associate with the SMA. The most popular of all are the death cross and the golden cross. The death cross is basically a 50-day simple moving average the has crossed below the 200-day moving average. It is called the death cross because it is a bearish signal that marks the end of profit-making. The golden cross, on the other hand, is the short-term version. When the short-term indicator rises above the long-term moving average, there are likely to be more gains for traders.   In Summary The simple moving average is one of the many moving average (MA) indicators in the market. This tool is probably the most popular indicator by every standard. There are other kinds of MA indicators in the market as well, including the exponential moving average (EMA) and linear weighted moving averages. They are not as popular as the SMA though. When used properly, the SMA can be valuable to forex trading as it gives some of the clearest signals. The power of the SMA can also be boosted when it is used alongside other tools.

TDI-s5 is multifunction forex indicator with same interesting signals for different situation. - You can use it like the Bollinger bands. - You can look for crossing green and red line for searching trend direction. - When red line cross blue middle line it is also good trend signal.   Use different settings for each pairs and timeframes.  

+ST is simple no repaint trend indicator for MT4. It shows trend and flat time of quotes. Blue line is a signal for buy orders, orange line is for sell orders. If the indicator line moves horizontally, then it is flat time. +ST is good for trend strategy.   Trend indicator +ST

Prosperous is the Forex oscillator to determine the trend and flat. It repaints a bit, so you should trade when the signal was confirmed with other indicators.   You can use the indicator signals in different ways. We offer the option of crossing the blue line with black and pink: from top to bottom – sale, from bottom to top – buy. The greater the distance between the pink and black lines, the less weak the signal.  

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Gerald Appel developed the MACD in the 1970s, and it is one of the most popular indicators in use today. Traders use the MACD for determining trend direction, momentum and potential reversals. It is used to confirm trades based on other strategies, but it also provides its own trade signals.   Two lines compose the MACD: the MACD line and Signal line. These lines move together, except the MACD moves faster as the Signal line is a moving average of the MACD line.   The MACD Histogram that oscillates above and below zero shows the extent to which the MACD line is above or below signal line. The histogram provides a short-term view on recent momentum and direction. When the histogram is above zero, recent movement has been higher; below zero and the recent momentum was down. The greater the histogram value the greater the momentum of the recent move.   The MACD is calculated as follows: MACD Line = EMA(12) – EMA(26)Signal Line = EMA(9) of MACD Line   The MACD Histogram is the MACD Line – Signal Line   Here is a list of alternative indicators MACD.   FNCD     FNCD is an alternative to the MACD. Accordingly, trading with it is possible by a similar signal: - crossing zero level - change the color of bars - divergence   Visual MACD MACD is one of the most popular indicators on the Forex. Visual MACD is another version displayed directly on the price chart. Trading is carried out in accordance with changes if bars’ colors. Closing the trade is made when moving average left the «cloud» area. You are free to choose your own trade tactic using this indicator and include it in your trade strategy.   Visual MACD indicator usage example

Forex oscillator is mainly used for scalping or detection of trend direction on higher timeframes. It requires to be configured or to be used together with couple filtration signals.   1. Trading from overbought/oversold areas (90/10) and when the level of 50 is breached.   FX Cycle Dominator usage   2. Intersection of several indicators with different periods. FX Cycle Dominator usage

Hi_Low_TMA signals about beginning of the trend or strong movement. It works in conjunction with TriangularMA centered Multiple bands, which should be uploaded into one folder. Buy and sell signals are duplicated by arrows. Exit from the deal may be done via fixed TakeProfit or when the signal line returns back to the channel.   Hi_Low_TMA indicator usage example

Golden Section is an arrow indicator which is used for trend and enter time detection. It is a new indicator and it does not redraw.   Golden Section is good for scalping, because provides many signals, but it requires additional filtration by trending indicator. You must enter the market at the opening of the bar.   Golden Section – arrow indicator

TrendDiviation3 is a Forex indicator that detects direction and strength of a trend. According to the developer of indicator, it demonstrates rather good results on lower timeframes of GPBUSD. Stop-loss and take-profit – 700 points for 5-digit quotes. There are two different types of signals:   * retreat from level; * breakdown of level. TrendDiviation3 usage example

It is a trending indicator that is based on calculating of trading volumes with Price Action filters and Keltner Channels, demonstrating the current situation on the market: trend or flat. You should make deals in accordance with the color: green – buy, red – sell. Author’s settings are for M5 and M15 timeframes with sound notifications if the trend has changed.   Example of VPCA forex indicator