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Winshots ADX Trend Scanner

Trading in the direction of a strong trend reduces risk and increases profit potential. In general the average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator! After all, the trend may be your friend, but it sure helps to know who your friends are. 

ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used.  ADX can be used on any trading instrument such as forex pairs, stocks, mutual funds, exchange-traded funds, futures and crypto.

ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down.  The standard ADX indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.

However when you use the standard ADX indicator it can get a little confusing with all the lines zigzagging and criss-crossing. Not only that, when you switch between different instruments and different time frames the ADX lines could be crossing in the opposite directions confusing you even more!

Winshots ADX Trend Scanner indicator takes care of this problem. In one simple view you can quickly determine the state of ADX trend on all time frames, on many different FX currency pairs!!!  Yes you read that correctly.  No more clicking through different time frames of different Forex pairs looking at ADX lines criss-crossing every which way like hot spaghetti. In addition to showing you exactly what the trend is on every FX pair and every time frame the Winshots ADX Trend Scanner indicator also highlights the FX pair that is strongly trending on ALL time frames.  This additional feature allows you to quickly determine if there is a strong momentum in the market and if it's worth trading during your chosen time.


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Bermaui Pin Bars   Or (BPB) is an indicator that find Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Hammer, Inverted-Hammer, Hanging Man, Shooting Star, Dragon Fly Doji or Grave Stone Doji. Bermaui Pin Bars indicator find this pattern depending on a formula that can be explained in the next steps: At first BPB calculate the
50 USD
Lighthouse
Lighthouse
Daniel Stein
You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its rol
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Naked Forex Kangaroo Tail
Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
147 USD
Bermaui Bands
Bermaui Bands
Muhammad Elbermawi
Bermaui Bands (BB) is a technical analysis tool that helps filter between ranging and trending price movements. The idea behind this indicator can be explained in the next steps: Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %). If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low. High volatility means a great probability for a trending market, whi
50 USD
Advanced Dashboard for Currency Strength and Speed
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
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Winshots 3 multi timeframe MAs
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Pawel Michalowski
Purpose: The function of this indicator is to draw 3 moving averages (MA's) lines on the main MT4 price chart.   The MA's are from 3 different timeframes specified by the user independent of the chart that is currently displayed. When you toggle your chart view through different time frames, the 3 MA's will continue to display the MA lines for the time frames specified in the properties. Example: The default settings map out three 50 bars MA's for H4, D1 and W1 time frames. During intraday tradi
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Winshots ADX Trend
Winshots ADX Trend
Pawel Michalowski
Trading in the direction of a strong trend reduces risk and increases profit potential. In general the average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator! After all, the trend may be your friend, but it sure helps to know who your friends are.  ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is
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Winshots Pivot Levels
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Pawel Michalowski
What is a Pivot? A pivot is a significant price level known in advance which traders view as important and may make trading decisions around that level. As a technical indicator, a pivot price is similar to a resistance or support level. If the pivot level is exceeded, the price is expected to continue in that direction. Or the price could reverse at or near that level. What does a Pivot Tell You? There are pivots and pivot points. These terms may mean different things to different people
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