Tick indicator.
Most traders are accustomed to the fact that the minimum time period on the Forex chart is M1, but within one minute the price
makes a lot of movements, they are called ticks.
A tick is a price change, the distance between two subsequent quotes, that is, in fact, it is the minimum unit of measurement for the price of a currency pair.
The tick indicator allows you to display a tick chart on the screen in a standard trader’s terminal, on which the slightest price changes will be clearly visible.
It is advisable to use the indicator only on a minute time frame; on longer time periods, the tick curve simply turns into an almost straight line and does not carry useful information.
VininI LRMA color (reversal indicator).
An interesting version of the indicator that will warn you about a trend reversal and the beginning of a new trend, which will allow you to close
old transactions without losses and open new ones at the most favorable moment.
The reversal indicator warns the trader by simply changing the color of the trend line, and if you analyze the history, the signals are given with fairly high accuracy.
The tool can be used with equal efficiency both for entering the market and for timely closing of existing positions, and it has no restrictions on currency pairs and trading time period.
VininI LRMA color works as follows - after adding a trader to the terminal, a curved line appears on the chart that follows the movement of the trend, but at the same time:
Improved Stochastic.
It is difficult to meet a trader who is not familiar with the Stochastic oscillator; a similar technical analysis tool is built into
every metatrader terminal and is quite effective.
Stochastic works by using overbought and oversold levels, which are formed by supply and demand.
Overall, the tool is not bad, but it can be improved if desired.
The presented improved Stochastic is precisely an attempt to make the familiar script more efficient.
Indicator - Fractal price.
Trading using fractals has long become one of the most popular strategies, but not everyone can easily detect this
pattern on a currency chart, so you can use a special indicator to solve this problem.
One such script is the Bill Williams Indicator or Fractal Price Indicator.
As the name suggests, Fractals_Price displays the most important price levels of fractals on the chart of the selected currency pair.
Installed according to the standard scheme, does not require additional configuration, you can only change the colors of the inscriptions.
Japanese candlestick indicator.
Trading using Japanese candlesticks is often used in Forex, a new candlestick combination can confirm the current
trend or warn of an upcoming reversal. But constantly monitoring the chart of a currency pair is quite tedious; a special indicator can make the process easier.
Japanese candlestick indicator - using multi-colored figures, informs the trader about the appearance of a new candlestick combination, which greatly simplifies trading.
All parameters in the indicator are set by default, the user can only change the displayed interval in bars, the standard setting is set to 1000.
DC signals indicator.
Finding entry points into the market has always been the primary task of any trader; this is actually half of a successful transaction.
There are many options for solving this problem, but the easiest way to do this is using a special indicator.
The DC signals indicator is precisely a script for searching for entry points into the market; it analyzes the current trend on the time period you specify and gives a signal to open a transaction indicating its direction.
All you have to do is download and install it on the chart, and then monitor the appearance of signals, the indicator works according to the following principle and has the following settings.
iVAR indicator.
Easy to use and quite effective in operation, the iVAR indicator provides an opportunity to assess the strength
of the currently existing trend.
The iVAR indicator automatically switches and recalculates the strength of the trend on the selected time period, which allows you to optimize trading as much as possible and find the most successful entry points into the market.
The tool can also be used as a source of signals to close transactions; it will warn in advance of a major rollback or trend reversal.
The work of the script is based on the analysis of fractals, and this is the secret of its effectiveness and versatility; it can be used on any time frame and for any currency pair.
Heiken ashi indicator.
One of the most famous indicators, which is used when working with Japanese candlestick charts, is used when
conducting a visual analysis of a trend; according to the authors, it creates a more realistic picture of the existing trend.
The main advantage of this tool over standard candles is that it works a little with a delay, analyzing the data received and displaying the result on the chart of the currency pair , but it is not leading, but it really evaluates the trend.
The Heiken Ashi indicator operates according to a fairly simple scheme using the average price of the previous candle, which allows you to filter out sharp price jumps and make the movement cleaner.
Indicator for determining the trend.
The indicator combines two functions - measuring the strength of an existing trend and its short-term forecast, that is, you
can not only assess how strong the existing trend is, but also see the expected continuation of the trend line.
The indicator for determining the trend bases its work on such a popular script as Moving Average , that is, the calculations use the same Moving Average, a tool proven over the years for analyzing historical data on price movement.
After you add the indicator to the desired chart, two lines will appear:
The best trend indicator.
There are many different trend indicators, each of them is good in its own way, but basically they all just
show the current trend.
The best trend indicator not only displays the existing situation, but also tries to extend the trend line several bars ahead, so to speak, gives a short-term forecast, this is done based on the history of the exchange rate movement on a given time frame.
The work of the script is based on Wave theory and statistical data on the most important minimums and maximums in the selected time period.
Trend direction indicator.
Continuing the topic of trend indicators, we present to your attention another tool that allows you to determine the current
trend direction in Forex or other financial markets.
Trend direction indicator - analyzes historical price values while constantly monitoring their changes, which allows you to quickly display signals about the likelihood of a change in trend direction on the chart of the trading terminal.
The script combines ease of use and fairly high operating efficiency, which makes it possible for even a little experienced player to use it for trading.
Immediately after installation in the trading terminal and launch, the trend direction indicator will appear in a separate window below the chart of the currency pair. His work is conveyed through two horizontal curves of red and green.
Trend strength indicator.
When opening a new transaction, every trader wants to know how long the existing trend will last, whether
it will make a reversal immediately after the order is placed.
The trend strength indicator provides an opportunity to find out this moment; the tool shows how actively a particular currency is being sold and bought.
Unfortunately, the indicator shows information specifically for currencies, and not for currency pairs, and the trader will have to independently draw conclusions regarding the trading instrument.
“Trend all period” indicator.
The name of this indicator speaks for itself; it is designed to simultaneously determine the trend for all periods.
There is no need to explain that this approach provides a more complete picture of the market situation.
The "Trend for all periods" indicator is one of the best trend tools that does not require additional settings.
Elder indicator.
Often this indicator is also called “Bulls-Bears”, since its main task is to identify a change in trend.
Elder indicator - gives signals about a trend change and evaluates its strength, which allows you to prepare in advance for a market reversal.
This is a fairly advanced tool that has simple settings and excellent visual display of the received data.
The indicator can be classified as an oscillator, as it tries to get ahead of the market a little and warn the trader about upcoming changes.
Trend forecast indicator.
Xprofuter is one of the most well-known trend forecast indicators among traders, although the accuracy of the predictions is quite questionable, but
perhaps editing the basic settings will change the situation.
The trend forecast indicator, according to the authors who created it, is ahead of the existing trend by 10-12 bars.
The principle of operation is based on creating your own trend line, which is displayed in a separate window and the second line, unlike the first, simply extends the existing trend on the chart.
Trend trading indicator.
Another attempt to guess the mood of the trend, an indicator with quite a large number of indicators that allows you not only to receive
entry signals, but also to place stop orders.
The trend trading indicator warns the trader about its change, which allows him to successfully open a new deal or close already opened ones in time.
His work covers three time frames at once, which allows him to more fully control the existing situation.
Forex trend indicator.
One of the most effective indicators at the moment, in order to improve the quality of signal delivery, the authors of the script combined
several popular trend indicators in it, which reduces the number of false signals.
Forex trend indicator - gives a signal to open a transaction and at the same time indicates the preferred places for placing stop loss and take profit orders.
In this case, the signal itself is indicated in the form of an arrow, and stops are transmitted by multi-colored stars.
Trend oscillator.
The main difference between any technical analysis indicator and an oscillator is that the indicator simply analyzes the trend, while
the oscillator also tries to predict further developments.
The trend oscillator is true to its name; it attempts to predict the direction of the trend in Forex.
He does this using a curved line displayed in a separate window below the chart of the currency pair; in addition, when trading, the zero line is also used, which serves as the main guideline for opening transactions.
Trend indicator.
An interesting version of the script for determining the trend direction, allows you to automatically determine the direction of price movement
for a currency pair on all available time frames.
The trend indicator carries out analysis not only on different time periods, but also using various methods of technical analysis.
The work uses such tools as indicators RSI and CCI, moving average, the trader also receives information about the direction of the trend on the last bar and about the price gaps that have occurred.
Breakout indicator
A combined technical analysis indicator that allows you to build support and resistance lines and at the same time
reports a possible breakdown.
The breakout indicator is designed for use in trading strategies of the same name; it is easy to set up and use in trading.
In fact, this is an advisor for opening transactions, the only thing is that the orders themselves will have to be opened and closed manually.
The trading system is built on a price channel and placing orders at the proposed breakout points.
Reversal indicator.
There is nothing more important in Forex than finding out in advance about the upcoming reversal; this will allow you to close the deal immediately, rather than wait until
losses reach the stop loss.
You can obtain such information using fundamental or technical analysis data. In the latter case, it is best to use a special reversal indicator; it will warn the trader about an imminent trend change.
Reversal indicator - works on the basis of the MACD script, which has been significantly modernized and improved.