Download Currency Heat Map Asymmetric MT4 Indicator

 

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Currency heat map assymetric indicator measures the strength of currencies and compares between each other. The indicator visualizes these relative strengths. Thus the indicator provides a general overview of the whole forex market.

Most Forex traders fail because they forget to look at the bigger picture. While too focused on the details, they tend to make more mistakes. Traders should observe the market sentiment carefully. For example you could buy AUD/USD expecting USD to lose ground but if you look at other pairs you may find that USD is gaining against other currencies and longing AUD/USD is not actually a good choice.

How To Read Currency Heat Map Assymetric:

The currency which appears on the row is the base currency.
The currency which appears on the columns is the quoted currency.

Dark Green means the pair is above prior bar’s high.
Green means the pair is above prior bar’s close but below the high.
Gray means the pair is flat.
Red means the pair is below prior bar’s close but above the low.
Dark Red means the pair is below prior bar’s low.

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Download DivStochv5 MT4 Indicator

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Trading with DivStochv5 Indicator

The theory behind DivStochv5 indicator is that in an upward-trending market, prices tend to close near their high, and during a downward-trending market, prices tend to close near their low. DivStochv5 is a technical momentum indicator that compares a currency pair’s closing price to its price range over a given time period.

DivStochv5 follows the speed or the momentum of price. As a rule, the momentum changes direction before price. DivStochv5 indicator allows forex traders to forecast where the next turning point might be. Therefore you can find possible entry points when the direction is about change.

How To Trade With DivStochv5
Buy Signal: Wait for the green check signs to appear
Sell Signal: Wait for the red check signs to appear

 

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Download Retracement Finder MT4 Indicator

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Price movements do not occur random; this fact is proven over the decades. CCI is one of the most reliable ways to identify the probability of the next move. Retracement Finder uses CCI to find retracement patterns.

With the variables you can set, you will be able to adjust the indicator to the time frame and the currency pair you trade.

 

How to Trade With Retracement Finder:

Buy Signal: Wait for Retracement Finder bar to turn to blue.

Sell Signal: Wait for Retracement Finder bar to turn to red.

 

 

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Download Trading With DPO – Detrended Price Oscillator

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Aim of the he Detrended Price Oscillator (DPO) is to identify overbought/oversold zones and cycles, by calculating the difference between a past price and a moving average on the giving time frame. DPO is an effective way for forex traders to create long and short signals. Similar to some other indicators, divergences can be identified with the DPO to assist in identifying potential reversals in trends.

How To Trade With DPO Indicato

When the Detrended Price Oscillator is above the zero line, it basically indicates that the pair is above its moving average, a bullish sign. Similarly, when the Detrended Price Oscillator is below the zero line, it simply shows that the pair is below its moving average, a bearish sign. There are two interpretations of buy and sell signals:

Buy Signal: DPO crosses above zero line.
Sell Signal: DPO crosses below zero line.

 

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Download Synergy Indicator Based on Synergy Trading Method

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Some forex traders find standard indicators too noisy because they do not pay enough attention to price action. Synergy trading is a method developed by Dean Malone and SynergyInd is based this. This trading method combines price action, direction of trend, strength of momentum and market sentiment to generate more accurate forex trading signals.

Most of forex traders tend to get in and out of the market instead of holding on to their position as the trend develops. SynergyInd is developed to minimize price distortions.

How to Trade With SynergyInd:

Buy Signal: When you see a green arrow below the price bar

Sell Signal: When you see a red arrow above the price bar.

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Download Fratelli bb MACD Forex Indicator Explaned

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Fratelli BB MACD indicator is based on Moving Average Convergence-Divergence indicator. Fratelli BB MACD is a very useful indicator when it comes to calculating trends’ strength and weakness. It also provides accuracy as it can point out trend changes.

Fratelli BB MACD consists of 3 different colored dots and shown in a separate window on the chart.

The period for the moving averages can vary, but the most commonly used parameters are:

FastLen (fast moving average period) = 12
SlowLen (slow moving average period) = 26
Length (moving average and the standard deviation parameter) = 10
BarsCount (the maximum number of bars used in calculations) = 400
StDv (standard deviation) = 2.5

How To Trade With Fratelli BB MACD

Buy Signal: The Fratelli BB MACD line crosses above the zero line (i.e. green dots)

Sell Signal: The Fratelli BB MACD line crosses below the zero line (i.e. pink dots)

Additional Notes: You can also identify divergences between the price movement of the currency pair and indicator behavior. You should pay attention to price-indicator differences to notice possible trend reversals.

 

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Download CCI Bars Indicator Explained

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CCI bars MT4 indicator help you to see the commodity channel index on M1, M5, M15, M30, H1 and H4 time frames. Donald Lambert introduced this powerful CCI indicator in the October 1980 issue of Futures magazine.

The commodity channel index (CCI) allows forex traders to forecast-identify trend strength, price extremes and price reversals. As with most other indicators, the CCI should not be used alone. Use CCI in conjunction with other aspects of technical analysis.

CCI can be categorized as a momentum indicator (which measures the price in relation to its moving average). The CCI typically oscillates above and below a zero line.

CCI bars indicator is very useful because you can identify overbought and oversold levels on multiple time frames. It also helps you to close your position when trend is weakening.

 

How to Trade With CCI Bars:

Buy Signal: Wait for all CCI bars to turn to blue (they have to be above the zero line).

Sell Signal: Wait for all CCI bars to turn to red (they have to be below the zero line).

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Download All About DiDi Index MT4 Indicator

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DiDi Index is based on simple (arithmetic) moving averages. In order to calculate simple (arithmetic) moving average, we add the closing price of the currency pair for a number of time periods and then divide this sum by the number of time periods. Thus, short term moving averages respond instantly to price changes in the currency pair, On the other hand, long term moving averages change rather slowly. In other words, what we calculate is the average currency pair price over a chosen period of time. Keep in mind that equal weighting is given to each daily price. Short term moving averages (crossovers) are generally used to generate trading signals. Long term moving averages are used to identify price trends.

Forex trades use DiDi Index because it helps them to visualize the uptrend or downtrend faster than other indicators.

How to Trade with DiDi Index:

Buy Signal: Wait for the blue line to cross over the red line.

Sell Signal: Wait for the red line to cross over the blue line.

 

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Download Pin Bar Detector Indicator Explained

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Some of the price patterns, formations have higher possibility of being profitable Pin bar formations are one of these formations. As you can see on the chart above, they can identify changes in direction. That is what makes pin bars so popular. Of course, when this formation occur on higher time frames they can be more profitable.

There are over 60 currency pairs and because of that it may be hard to notice. The pin bar detection indicator helps you in that matter. You can apply to charts and wait for this indicator do the work for you

How to Trade With Pin Bar Detector:

Buy Signal: Wait for a green smiley below the price candle.

Sell Signal: Wait for a red smiley above the price candle.

When pin bars occur near strong resistance-support zones, they become more accurate.

 

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Download Vegas Currency Daily 1H Forex Indicator

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Vegas indicator creates a tunnel based on 2 different exponential moving averages. Once the pair manages to close the middle lines, it usually indicates that it is strong enough to reach the most upper band. Trading signals are generated according to this principle. When you follow the stronger signal, you make more profit for sure.

How to Trade With Vegas Currency Daily 1H:

Buy Signal: Wait for price bar to close above the green and the blue line.

Sell Signal: Wait for price bar to close below the green and the blue line.

 

 

 

 

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