Trendlines are the most essential tool of technical analysis in forex trading. Unfortunately, most traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets.
There are two types of Trendlines Bullish Trendlines and Bearish Trendlines.
In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move.
Connecting at least two "lowest lows" will create a trend line.
In the down trend, trend line is drawn through the highest swing-points of the price move.
Connecting at least two "highest highs" will create a trend line.
When a trendline Breaks?
A bullish trendline breaks when a bearish candle closes below bullish trendline and the high of the candle is above trendline.
A bearish trendline breaks when a bullish candle closes above bearish trendline and the low of the candle is below trendline.
When a trendline Deletes?
A bullish trendline deletes when a full candle forms below bullish trendline.
A bearish trendline deletes when a full candle forms above bearish trendline.
You can change the color and width of Bullish and Bearish trendlines from input parameters.
(Lo siento por la traducción automática del texto) El indicador TrendLine PRO se basa en el análisis de la fuerza de toros y osos. Muestra la línea de tendencia resaltada, el punto de entrada y los niveles recomendados de TakeProfit y StopLoss. El panel muestra la señal actual (SELL o BUY), la tasa de éxito de la transacción y el resultado general de las transacciones. El escáner incorporado se inicia presionando el botón "PRO" y muestra todos los plazos disponibles para cada par, las señales e
PABT Pattern Indicator - it's classical system one of the signal patterns. Indicator logic - the Hi & Lo of the bar is fully within the range of the preceding bar, look to trade them as pullback in trend. In the way if indicator found PABT pattern it's drawing two lines and arrow what showing trend way. - First line - it's entry point and drawing at: 1. On the high of signal bar or on middle of the signal bar (depending from indicator mode) for buy; 2. On the low of signal bar or on middle of t
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For ins
The Sextet Scalper Pro is an MT4 indicator that gives signals when new waves are starting in a trend. The trends are calculated using the original " The Sextet " indicator method. You get a free EA to trade with The Sextet Scalper Pro: Free EA . Default settings were optimized on GBPUSD H1 from 2017. EA could be tested on free demo version of The Sextet Scalper Pro, before purchase. Key Features: Uses The Sextet Trend Detection Method which is already a good strategy in itself for detecting l
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Universal Support and Resistance MT4 The " Universal Support and Resistance " draws three key levels of support and resistance levels based on special calculations by Fibonacci. Features The levels are drawn at 00:00 O'Clock of broker time. Works on all symbols. Works on all timeframes except Daily,Weekly and Monthly. Ability to Show/Hide each level, separately Input Parameters Loopback Days - the number of days to show the levels ====== High Impact SUP/RES ====== High Impact Sup/
Gold Elf indicator will surprise you with its accuracy of signals! Not late or draw !! Tip: The indicator for binary options expiration time 1-2 candles to trade is recommended no higher than the time frame m 30 Works on all currency pairs! There is an alert You can customize the indicator for yourself in the period field by selecting the parameters that suit you The indicator shows good accuracy of about 70% of accurate signals.
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The "AFX CCI TrendLine" draws all trendlines automatically, on the CCI indicator with special features. Fully Customizable Features AFX CCI TrendLine Indicator draws the following on the CCI indicator: Moving Average Bollinger Bands Trendlines Channels Linear Regression Channels Inputs ====== CCI Settings ====== Period of CCI CCi Applied Price Color of CCI Line Width of CCI Line Style of CCI Show Bars - Calculated Bars ====== Moving Average on CCI ====== Moving Average - Show/Hide Per
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
Wolfe Wave Indicador MT4 MT4 4 Indicador Wolfe Wave dibuja Wolfe Wave en modo totalmente automatizado Wolfe Indicador Wave - Los beneficios No utilizamos ZigZag y trabajamos con los fractales. Nuestro indicador puede reconocer todos paterns Wolfe Wave en período especificado Así , comprobamos cada superior para potenciales 1,2,3,4,5 puntos no sólo ZigZag tops Indicador tiene una gran cantidad de parámetros ajustables
is a pointer indicator that generates trading signals indicating the direction of price movements, it is great for binary options and the forex market. complete lack of redrawing This indicator showed good results when testing in real time. The percentage of correct predictions even during the news release was about 75-80%. It is recommended to open transactions from 1 to 2 candles the point indicates the direction of the next candle and the possible trend direction in the future.
FxCraft Pitchfork Indicator (Median Line) is a tool (indicator) used for automatic determination of channels, the future - the early trends or trends actual - the existing and continuing nature in terms of the regression channel. It is based on the method of Dr. Alan Andrews, who discovered and developed the technique of analysis charts based on the median price - the middle value. The indicator in contrast to the typical tools available on the platform, developing channels very precisely automa
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Universal Heiken Ashi Pro calculates Heiken Ashi candles with different smoothing methods. The indicator displays two series of Heiken Ashi candles with different parameters. The indicator generates signals along the trend in the direction of slow Heiken Ashi after correction of the fast Heiken Ashi. Then indicator shows statistics and trades for a certain period. Information dashboard The dashboard displays the following fields: Trades - trades count for a certain period; Win(%) - percent of
Continental - Reliable dial gauge, which is great for binary options. The arrows indicate the direction of the schedule where it will go. The red arrow shows what is worth selling. The blue arrow indicates what to buy. Indicator settings are simple: You can enable and disable Alert (disabled by default) Just change the color of the arrows to any. The indicator is multi-currency and multi-timeframe. Continental is the same indicator in which there is reliability and quality! The indicator work
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"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
Good day! To your attention the ForexdivergencePS indicator may not be the newest in the trading strategy The Forex indicator detects and displays descending and ascending divergences on the chart. When a new pattern is formed, a pop-up window is triggered. An arrow is formed on the chart that shows the type of phenomenon and helps to open an order in the optimal direction. Friends of traders rate the effectiveness of the tool as above average. You can change settings, including the sensi
Alpha Trend is a trend indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. The Alpha Trend indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend. This indicator features notifications, which are generated whenever a new signal appears (alert, email, push-notification). This allows you to open a position in a timely manner. Alpha Trend does not redraw, which makes it possible to evalua
Introduction It is common practice for professional trades to hide their stop loss / take profit from their brokers. Either from keeping their strategy to the themselves or from the fear that their broker works against them. Using this indicator, the stop loss / take profit points will be drawn on the product chart using the bid price. So, you can see exactly when the price is hit and close it manually. Usage Once attached to the chart, the indicator scans the open orders to attach lines fo
Royal Wave is a Trend-Power oscillator based on a price adaptive algorithm that runs statistical analyses on the price movement to predict and locate low-risk entry zones and exit zones. Its rich alerting system generates well-timed trading signals that give the trader enough time to make proper logical trading decisions. Features Trend-Power Algorithm Low-risk Entry Zones and Exit Zones Predictions for Overbought and Oversold areas Rich Alerting System ( Sound Alerts , Phone Notifications
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This is an Meta Trader 4 version of the indicator! This arrow indicator searches for possible market reversals and correction movements on timeframes H4 and D1 . It is based on Forex market regularities, accurate detection of current extremum and detection of candlestick patterns on market highs and lows. The universal algorithm helps identify reversal points and draws arrows indicating where to enter the market. The indicator is very easy to set up! Attach to the desired symbol chart and watch
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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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