Top indicators for MetaTrader 4 based on user ratings - 21
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The indicator Alternative Ichimoku was developed as an alternative to the famous indicator Ichimoku Kinko Hyo. For a more precise forecast, it is better to use on one timeframe both indicators - Ichimoku Kinko Hyo and Alternative Ichimoku.
If you like plotting channels, I recommend plotting them yourself. This is particularly true for the slope channels. However, if you use channels merely as filters or simply like to set alerts on these levels, then the indicator will be useful.
This indicator is alternative of moving averages, but with lower lag and adjustable sensitivity coefficient.
Trading strategy named Fx-chaos is the result of integration of Bill Williams' Chaos Theory, A. Elders' trading strategy (triple choice), and Ryan Jones' Fixed Ratio money management method.
Another Avocational Indicator by Hidden Divergence of OsMA.
This indicator uses five different indicators from 6 different timeframes to give a signal.
Shows important support / resistance levels from different timeframes. Advanced filtering included.
This Indicators Show You most of Support and Resistance Levels on your Chart .
Displays info about the SAR in relation to the selected candles on four different timeframes.
The purpose of this indicator is to highlight the price zones that had the most activity : the hottest zones.