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Forex Indicators

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EUR/JPY
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Accounts: 4
Updates: 1 year
Support: Developer
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Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
Accounts: 4
Updates: 1 year
Support: Developer
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Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
Accounts: 4
Updates: 1 year
Support: Developer
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What Are Forex Indicators?

Forex indicators are the magical wands of the trading world, helping traders make sense of the chaotic market movements. These tools are based on mathematical calculations and are applied to price, volume, or open interest of a currency pair. They help traders identify potential trading opportunities by analyzing historical data and predicting future price movements. 🚀

Types of Forex Indicators

Forex indicators come in various flavors, each serving a unique purpose. Here are some of the most popular types:
  • Trend Indicators: These indicators help traders identify the direction of the market. Examples include Moving Averages, MACD, and Bollinger Bands.
  • Momentum Indicators: These measure the speed of price movements. Examples include RSI, Stochastic, and Momentum.
  • Volatility Indicators: These indicators measure the rate of price fluctuations. Examples include ATR and Bollinger Bands.
  • Volume Indicators: These indicators analyze the volume of trades to predict market movements. Examples include On-Balance Volume (OBV) and Money Flow Index (MFI).

Popular Forex Indicators

Let's dive into some specific examples of popular Forex indicators:
  • MACD: The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a currency pair's price.
  • RSI: The Relative Strength Index (RSI) measures the speed and change of price movements, helping traders identify overbought or oversold conditions.
  • Bollinger Bands: These are volatility bands placed above and below a moving average. They help traders identify overbought or oversold conditions.
  • Stochastic Oscillator: This momentum indicator compares a particular closing price of a currency pair to a range of its prices over a certain period.

Advanced Forex Indicators

For those who like to play with fire, here are some advanced indicators that can take your trading to the next level:
  • Trend Forecaster: This indicator identifies price clusters, analyzes price movement near levels, and provides signals when the price breaks through a level. It's suitable for all financial assets, including Forex, metals, stocks, indices, and cryptocurrencies.
  • Volume Strength 28: This indicator analyzes the trade volume of 28 currency pairs and defines the strength of a currency based on volume, helping traders spot trends at their earliest stages.
  • XQ Forex Indicator: This indicator combines three indicators to display medium and long-term trends, filtering out false signals and providing real-time alerts.

How to Use Forex Indicators

Using Forex indicators is like cooking a gourmet meal. You need the right ingredients and the right recipe. Here are some tips:
  • Combine Indicators: Use multiple indicators to confirm signals. For example, combine RSI with MACD to confirm a trend.
  • Adjust Settings: Customize the settings of your indicators to suit your trading style and the specific currency pair you are trading.
  • Backtest: Always backtest your indicators on historical data to see how they would have performed in the past.
  • Stay Updated: Keep your indicators updated and adjust them according to changing market conditions.

Conclusion

Forex indicators are essential tools for traders, helping them make informed decisions and navigate the turbulent waters of the Forex market. Whether you're a novice or a seasoned trader, these indicators can elevate your trading game and help you achieve consistent profitability. 🌟

So, you're thinking about 'Check Laverage and Spread'? Smart choice, but let's not kid ourselves: Forex trading is more about educated guesses and a sprinkle of luck than it is about magical indicators. This tool claims to be your knight in shining armor, ensuring you never fall ...

Release Date: 05/07/2023

Who doesn't love a good band? In the world of trading, VWAP Fibo Bands RSJ is like the concert you didn't know you needed. This free indicator crafts price levels that make you wonder if it can read the market's mind. Can it help turn your losses into profits, or is it just anoth ...

Release Date: 20/02/2021

Ah, the Forex market. Magical, isn’t it? One moment you’re riding the trend wave, and the next you’re battling the dreaded drawdown. Enter Price Momentum, the self-proclaimed hero of our trading lives. Will it save us from the humdrum of mediocre strategies? Or is it just a ...

Release Date: 18/04/2020

Welcome to the fascinating universe of InsideBar Highlight 4! Ever found a tool that promises you the sun and the moon? Well, this one's claiming to be your best friend in trading by simplifying the tedious task of spotting inside bars. Let’s see if it actually delivers on thos ...

Release Date: 07/12/2023

Ah, the Three Line Strike Scanner Free Version: a beacon of hope for traders everywhere, or just another shiny object to lure you into a trading maze? With a 4.2 rating and a promise of spotting a highly acclaimed candlestick reversal pattern, it's easy to get carried away! But l ...

Release Date: 29/05/2018

Time Levels

Easy Rating: 5/1

MQL Rating: 4.27/14

Ready to dive into the world of 'Time Levels'? This indicator promises to revolutionize your trading game, unless it doesn't. Developed by Yurij Izyumov, this tool displays price levels that might just help you rake in profits—or make you question your life choices. Review its ...

Release Date: 27/12/2017

Alarming yet intriguing! The CPR Pivot Lines indicator has drawn a fair share of attention from traders worldwide. Can it live up to its reputation, or is it just another overhyped tool? Join me as we dissect its claims, expose its strengths and weaknesses, and see if it really c ...

Release Date: 25/04/2021

Ah, the CyberZingFx Volume Plus! Another shining beacon in the tumultuous sea of Forex indicators. They say it combines the magic of volume analysis with a touch of historical price wizardry, claiming to provide highly accurate buy and sell signals. But as any seasoned trader kno ...

Release Date: 03/07/2020

Welcome to the world of Supreme Direction, an indicator that is wrapped in claims of market mastery! It dances around the volatility of the Forex market, supposedly providing traders with a sparkling channel for their trades—both long and short. But let's put aside the glitter ...

Release Date: 09/11/2023

Welcome to a world where volume takes the front seat, and price just tags along. If you've ever wondered why your trading seems to be more hit than miss, let me introduce you to the 'Volume by Price MT4' indicator. It’s not just an average Joe among indicators; it struts in equ ...

Release Date: 07/02/2019

The SC MTF Williams Percent Range for MT4 with alert is being touted as the next holy grail of Forex trading. But is it really worth the hype, or just another shiny tool that promises riches? Let’s dig into the details and separate fact from fiction with a hefty dose of sarcasm ...

Release Date: 30/09/2018

Are you tired of manually drawing trendlines? Welcome to the circus of automated trendlines where you can sit back and let technology do the heavy lifting! But wait—does this mean we can stop paying attention altogether? Not so fast, my friend! Let’s dissect 'Trendline Automa ...

Release Date: 09/02/2023

Ah, the enchanting world of currency trading! Strap in as we dive into the Real Time Currency Valuation, a tool that promises to cut through the muck of overwhelming charts and underscore the strong from the weak—all while skimming the cream off the top of your trading profits. ...

Release Date: 10/06/2015

In a world where most indicators mislead traders with false signals, the Awesome Price Action Movement Indicator (APAMI Pro) claims to cut through the noise with precision. But, is it truly a game changer, or just another flashy gimmick? Join us as we uncover the truth about APAM ...

Release Date: 01/02/2024

Have you ever wondered if the grass is greener on the other side of the Forex market? Well, welcome to the Ratio Market, where volatility meets control! Designed by expert trader Aleksandr Krokhalev, this system claims to show you how to surf market fluctuations without wiping ou ...

Release Date: 22/01/2022

Welcome to the wild world of the Auto Fibo Retracement MT4! Whether you're hoping for a magical tool or bracing for disappointment, it surely doesn't get dull here. From crafting perfect Fibonacci levels to the skepticism lingering in user reviews, why not dive into the metaphori ...

Release Date: 10/03/2023

The Weis Wave with Alert MT5 claims to be a game-changer in the world of trading indicators. But let’s be honest, are we setting sail on a luxurious yacht, or clinging to a rickety dinghy? Priced at 599, this tool boasts a brilliant 4.93 rating. With promises of live training a ...

Release Date: 26/11/2018

Welcome to the whimsically mystical world of 'Fibonacci on ZigZag'! This seems to be the enchanted fairytale of Forex strategies—a perfect blend of mathematical elegance and chart mysticism. But wait—before you hop on the trading bandwagon, let's unravel the magical claims an ...

Release Date: 07/04/2022

Ever thought trading was just about stale indicators and wishful thinking? Enter ISolz MTF Candles2! This gem claims to simplify your trading life by throwing MTF candles onto your charts like confetti. But does it actually deliver or just add more color to your chart? Let’s di ...

Release Date: 14/10/2023

In the vast universe of trading indicators, the 'TT MACD Indicator' emerges as a promising star. Designed by the proficient Tomislav Turcin, it flaunts features to make even a seasoned trader raise an eyebrow. While it promises to be a game-changer, let's dig deeper—because who ...

Release Date: 15/01/2019

Curious about optimizing your Forex trading experience? Our dive into the Time Scale for MT5 uncovers not just its immediate benefits, but also its limitations. Armed with user feedback and a comparative analysis against leading tools, this article challenges you to reconsider ho ...

Release Date: 23/01/2019

Ready to dive into the thrilling world of the RSI Divergence Indicator CCH? This free tool promises to unveil exciting trading opportunities, but hold on! Is it all just glitter or real gold? While some users revel in its potential, others are left scratching their heads in disap ...

Release Date: 15/11/2023

What do you get when you combine precision with the art of guessing? Meet 'Lighthouse MT5'—the bright beacon in the often murky waters of forex trading! This indicator promises support and resistance levels so reliable, they might as well be written in stone. Or are they? Let� ...

Release Date: 14/02/2018

HF PriceGrid

Easy Rating: 0/0

MQL Rating: 5/1

Welcome to the intriguing world of trading where one small indicator can either unravel your fortunes or gift you with riches! HF PriceGrid promises the realm of effective price movement calculations while raising the age-old question: Can we trust indicators to truly understand ...

Release Date: 03/01/2021

Ever wondered why your trading account seemingly vanishes faster than your last slice of pizza? Welcome to the thrilling world of lot sizes! Join us as we dissect the 'Calculator of Lot Size' – the trading tool that might just save your trades from disaster (or at least help yo ...

Release Date: 26/10/2021

They say the market always offers you a second chance. Funny, it seems to overlook all the missed chances traders face on a daily basis! Enter the 'Multi Oscillator Divergence' method—where you can detect when price throws a tantrum and oscillators just roll their eyes. This is ...

Release Date: 14/07/2017

Ever wondered if a magic wand exists in Forex trading? Spoiler: it doesn’t. Yet, the Trend Reverting PRO indicator claims to dive into the dark depths of market trends, emerging with signals that might just put those hopes of profitability back in play – or not. Let’s unrav ...

Release Date: 18/12/2020

Countdown Clock

Easy Rating: 5/1

MQL Rating: 4.95/21

Is the Countdown Clock the holy grail of trading indicators or just another fancy tool to add to the collection? With traders always on the hunt for that elusive edge, Countdown Clock claims to bring clarity to the chaos of candle closing times. But does it deliver? Let’s plung ...

Release Date: 19/07/2021

ExactArrows

Easy Rating: 0/0

MQL Rating: 3.88/21

Welcome to the paradox of ExactArrows! A dance of simplicity masquerading as complexity. This indicator claims to lead the way with arrows, but do they point you toward success or a rabbit hole of despair? Join me on this wild ride as we dissect its promises, the mixed reviews, a ...

Release Date: 30/04/2015

Are you ready to unveil the secrets of the BlueDigitsFx Spike And Strike Reversal MT5? This isn't just another trading tool; it's touted as a revolutionary system for detecting market reversals. But before you hand over your hard-earned cash, let's peel back the layers and see if ...

Release Date: 27/05/2020

Is your trading chart looking more chaotic than an unsupervised kindergarten class? Introducing the RFOC Symbol Background—a simple, yet surprisingly effective way to declutter your mental workspace. Picture this: asset names dancing across your screen in a well-formulated layo ...

Release Date: 20/06/2023

Are you tired of trading strategies that feel like trying to read hieroglyphics? Welcome to Jpivot, the indicator designed to help you see the market in a way that even ancient scribes would envy! With its unique pivot detection methods, you might just find the missing piece to y ...

Release Date: 18/03/2021

Welcome, brave traders, to the world of FVGs! Does the mere mention of 'Fair Value Gaps' stir a sense of wonder or dread in your trading heart? Fear not, because today we're diving deep into this polarizing indicator—a tool that promises to show you the way through the labyrint ...

Release Date: 21/11/2023

Curious about how a small moving average line can dramatically redefine your Forex trading experience? Well, buckle up and let’s journey through the world of the Moving Average Currency Strength Meter—a tool that promises to combine the best of both moving averages and curren ...

Release Date: 12/12/2018

Are you ready to discover the so-called holy grail of Forex trading? Spoiler alert: it doesn't exist. But wait! Multi RsI BB MT5 comes close, blending the magic of RSI and Bollinger Bands, because why not throw two indicators into the mix and hope for the best? Let’s dissect th ...

Release Date: 21/09/2023

So, here's a trading indicator that promises to make market profiles your new best friend. You draw a rectangle, and voilà! Instant market visibility. But don’t let the shiny exterior fool you. Could this be another case of style over substance? Let's dig a bit deeper— becau ...

Release Date: 27/01/2016

If you're searching for a game-changer in your trading toolkit, you might think you've struck gold with the RSI Scanner Sheet Pro. But before you throw your hard-earned cash at it, let's sift through its merits and check if it’s just another glowing sales pitch. Spoiler alert: ...

Release Date: 21/07/2023

Curious about the elusive world of supply and demand trading? Enter MT Supply Demand, an indicator that claims to make sense of all that chaotic market noise—or maybe just amplify it. Armed with the ability to identify critical levels where buyers and sellers clash, this free t ...

Release Date: 21/06/2023

Ah, the Forex market—a jungle where only the strongest currencies survive! But wait, what's this? A shining beacon known as 'Top Currency Strength' offers a way to navigate through this chaos. Can you pick pockets of gold amid the greenback and yen or will you end up tripping o ...

Release Date: 21/01/2023

Welcome to the wild world of Forex trading! If you think indicators are your ticket to easy riches, think again! Today, we dissect the 'Top Currency Strength' indicator: a mixed bag of hopes and dreams that trades might just escape reality. Will it hold your hand through market c ...

Release Date: 21/01/2023

Ah, the Forex market: a mysterious jungle where traders swing wildly in search of profit. Now enter the AnyProfile MT5, an indicator so fancy it might just make market-analyzing look like art. Let’s peel back the layers of this tool that promises to display market profiles with ...

Release Date: 28/01/2016

Are you tired of using indicators that just sit there and collect digital dust? Enter the Best Pivot Point Indicator MT5! This nifty little tool claims to turn your trading frown upside down by displaying pivot points and support/resistance lines. Sounds great, right? But let’s ...

Release Date: 22/09/2023

Are you tired of missing the perfect moment to trade because you weren't watching the clock? Enter Candel Clock Spread MT5! This innovative tool promises to keep you informed about candlestick timings, but does it deliver? With a sprinkle of skepticism and a whole lot of humor, w ...

Release Date: 23/07/2023

So, you've stumbled across the FRM Half Trend, huh? If you think it's the holy grail of Forex trading, then prepare for a reality check! This guide will help you navigate the colorful world of TRADING INDICATORS that promise mountains and deliver... well, let’s just say they mi ...

Release Date: 23/01/2023

Welcome to the world of Forex, where every trader dreams of finding the holy grail of strategies. Today, we unravel the mystery of 'Perfect Pennants and Triangles' – a dazzling dance of charts that promises breakout magic! But before you jump in, let's see if this method is the ...

Release Date: 08/01/2016

What happens when you combine the creativity of a coder with the chaos of the Forex market? Enter the PL Info Panel! It's a thrill ride that purports to make sense of the wild world of trading with an array of colorful charts and intriguing settings. But hold onto your hats, beca ...

Release Date: 24/09/2023

When delving into the chaotic world of Forex trading, the AW Classic MACD MT5 tries to shine like a beacon of hope! But should you trust an oldie but goodie like MACD? Modified oscillators might sound appealing, but they’ve been around forever, lurking in the shadows of trading ...

Release Date: 27/04/2021

Are you ready to dive into the world of the Market Sniper Zone? This trading indicator promises to redefine how traders detect potential market reversals with its non-repaint zones. But is it all sunshine and profits, or does this tool come with hidden pitfalls? Join us on a crit ...

Release Date: 24/01/2023

Candle by Seconds

Easy Rating: 0/0

MQL Rating: 4.63/30

Ah, trading... the only profession where you can lose money while trying to make it richer. Welcome to 'Candle by Seconds', a trading system that promises to shake up the way you view candlestick charts by letting you create custom timeframes. With a rating of 4.63, it sounds int ...

Release Date: 23/06/2020

Forex 360 Degrees promises the ultimate freedom from programming shackles and the anxiety of hiring freelancers. Is a click a trade? Quite possibly! But before you download this free tool assuming you'll automatically roll in profits, maybe keep that enthusiasm on a leash. We're ...

Release Date: 25/03/2023

Welcome to the mystical realm of Forex trading! You're about to uncover the secrets of the LT Day High Low indicator. Will it be your trusty sidekick in your quest for profit, or just another enthusiastic gadget in your trading toolbox? Spoiler alert: It'll come with majors ups a ...

Release Date: 23/05/2019

Let’s talk about CyberZingFx Trend Reversal Lite—a name that sounds like it could either be the breakthrough you're looking for or just another hype-filled indicator promising the moon. On a surface level, it claims to provide perfect arrow signals for trading; who wouldn’t ...

Release Date: 23/09/2019

Ah, the Basic Candlestick Patterns indicator! The magician of the trading charts, revealing the whispers of the market that mere mortals often miss. This tool claims to turn the dizzying jumble of candlestick formations into a symphony, but does it truly deliver? As a trader, I f ...

Release Date: 28/12/2023

Welcome to the intriguing world of TR Agression Balance, where bullish and bearish forces engage in an epic battle of trades! This indicator boldly presents the raging war of buy versus sell aggression, allowing traders to peek behind the curtain at market dynamics. But don’t l ...

Release Date: 28/10/2023

Is IMA Finder MT4 the magic solution to your Forex woes, or just another overhyped tool on the vast ocean of trading gimmicks? As traders, we yearn for that golden indicator, and with IMA Finder promising to reveal breakthrough signals from the Moving Origin indicator, it sounds ...

Release Date: 30/09/2023

Welcome to the wild world of automated trading! Today, we delve into the curious case of PZ Super Trend EA—an expert advisor that promises a smooth ride on the Forex rollercoaster. With a sparkling 4.32 rating, one would expect this little gem to be a one-stop solution for all ...

Release Date: 29/01/2019

Ah, EasyTrend – the reliable ‘friend’ everyone loves to dak-dak about. It promises clarity in the wild jungle of forex trading, as if a single trend indicator could untangle the knotted string of price movements we all encounter daily. Can a few parameters really make a den ...

Release Date: 16/11/2016

Are you tired of indicators that promise the moon but provide little more than hot air? In this article, we dive deep into the enigmatic world of Valable ZigZag, a tool crafted for those who wish to navigate the tumultuous seas of Forex trading. Will it rise above the noise, or i ...

Release Date: 30/01/2023

Is PipFinite Exit EDGE MT5 the secret weapon you've been waiting for or just another flashy tool making lofty promises? This critical review dives into the intricate workings of this trading system, its user reviews, and ultimately its effectiveness in real-world trading. Don't m ...

Release Date: 22/05/2019

Oh, the dreaded moment when you're staring at a candlestick chart, juggling numbers and trends while secretly wishing for a genie to appear and simplify everything! Enter the Mr Beast Heikin Ashi Indicator, allegedly your new best friend in the chaotic world of Forex trading. But ...

Release Date: 31/12/2023