R Silver Trend

The R Silver Trend indicator is a trend following trading indicator that displays the current trend directly on the activity Metatrader 4 chart.

It draws two types of candlesticks:

  • Blue ones for bullish price action.
  • Red ones for bearish price action.

Trading the R Silver Trend indicator is pretty simple, even for absolute beginners, and it can be used for scalping (M1, M5), day trading (M5, M15, M30) and swing trading (H1, H4, D1) currencies.

Basic Trading Signals

Signals from the R Silver Trend indicator are easy to interpret and goes as follows:

Buy Signal: Open buy position when the indicator draws a blue colored candlestick on the chart.

Sell Signal: Open sell position when the indicator draws a red colored candlestick on the chart.

Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.

Tip

In order to trade a buy on dips and sell on rallies forex strategy with the R Silver Trend indicator, add a longer-term trend following indicator to the chart and only take positions in the direction of the longer trend.

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Variable (risk, SSP, CountBars) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Trend

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M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. Besides the main algorithm which is based on buy and sell signals, the indicator also has multiple built-in extra strategies which you can choose in the inputs. These strategies
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Lee Samson
Indicators
Stop Guessing. Start Trading with a Statistical Edge. Stock indices don't trade like forex. They have defined sessions, they gap overnight, and they follow predictable statistical patterns. This indicator gives you the probability data you need to trade indices like the DAX, S&P 500, and Dow Jones with confidence. What Makes This Different Most indicators show you what happened. This one shows you what's likely to happen next.  Every trading day, the indicator analyses your current setup against
Stochastic Z Score MT4 Scanner
Duc Hoan Nguyen
Indicators
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Stochastic Z-Score is a momentum oscillator that normalizes price with a Z-Score, bounds it via stochastic logic, and smooths it with HMA, with ALMA for long-term context. Optional elements include a histogram, dynamic bands, and reversal labels. See more MT5 version at:  Stochastic Z S
AW Candle Patterns MT4
AW Trading Software Limited
Indicators
The AW Candle Patterns indicator is a combination of an advanced trend indicator combined with a powerful candle pattern scanner. It is a useful tool for recognizing and highlighting the thirty most reliable candlestick patterns. In addition, it is a current trend analyzer based on colored bars with a   plug-in multi-timeframe trend panel that can be resized and positioned. A unique ability to adjust the display of patterns depending on the trend filtering. Advantages: Easily identifies candle p
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The R 2EMA Color indicator for MT4 provides solid trading signals based on the crossover of 2 EMA’s. Key Points When price crosses and closes above the two green EMA’s, it creates a buy trade signal. When price crosses and closes above the two red EMA’s, it creates a sell trade signal. The R 2EMA Color Forex indicator makes it even more easy to determine when it’s time to buy and sell A buy signal occurs when the 2 EMA lines turn green . A sell signal occurs when the 2 EMA lines turn red . How
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The R Var Moving Average Indicator is a trend following indicator designed for die-hard trend followers. It is a quite popular forex trading indicator among stock traders, as well as commodity traders, and its popularity stems from its ability to deliver genuine money making signals to its users. The indicator is comprised of green and red dots that are placed on a sienna line. The green dot is pointing to a bullish signal, while the red dot depicts a bearish signal. Basic Trading Signals Buy S
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