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You can check out other products of Vitaly Dodonov:

RSI TrendMT4
Vitaly Dodonov
RSI TrendMT4 is a trend indicator based, as one can guess, on RSI. As we know, oscillators have oversold and overbought areas. Indicators' lines do not stay for a long time in these areas in case of flat. But they spend quite a perceptible time there when the price follows the trend. The RSI indicator peculiarity is that it reaches oversold and overbought areas less often than Stochastic or CCI. It generates less signals (which are frequently false) about possible change in direction. This pecul
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RSI TrendMT5
Vitaly Dodonov
RSI TrendMT5 is a trend indicator based, as one can guess, on RSI. As we know, oscillators have oversold and overbought areas. Indicators' lines do not stay for a long time in these areas in case of flat. But they spend quite a perceptible time there when the price follows the trend. The RSI indicator peculiarity is that it reaches oversold and overbought areas less often than Stochastic or CCI. It generates less signals (which are frequently false) about possible change in direction. This pecul
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EnvelopesZonesMT5
Vitaly Dodonov
The EnvelopesZonesMT5 indicator is a combination of two Envelopes indicators. As a result several zones are formed. The first zone is limited by two slow lines (red and blue color). This is zone 1 in the screenshot. It represents a terminator of upward and downward trends. The second zone has blue color. This is zone 2 in the screenshot. This zone has an affirmative function. When the price is located below the first zone and the blue zone, it indicates a downward trend. When the price is locate
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