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The Blue Renko Bars MT5 Forex Indicator offers a unique perspective on price movements by displaying Renko candlesticks colorized in blue. Unlike traditional candlestick charts, Renko charts focus solely on price movements rather than time intervals. Each brick or candlestick on a Renko chart...

The Kaufman Adaptive Moving Average (KAMA) MT5 Indicator, named after its creator Perry Kaufman, is a dynamic tool designed to adapt to changing market conditions. Perry Kaufman first introduced this concept in his book "Smarter Trading: Improving Performance in Changing Markets" in 1995. The...

The Price Volume Trend (PVT) MT5 Indicator is a versatile tool designed to reveal price trends alongside volume movements in the forex market. Similar to the On Balance Volume (OBV) indicator, it assesses the relationship between price changes and trading volume to provide insights into market...

The Candle Ratio MT5 Indicator is a valuable tool designed to measure the ratio between bullish and bearish candlesticks within a specified period. This indicator displays two lines: a red line (smoother) and a green line (more sensitive), visually representing the balance between bullish and...

The Synthetic VIX MT5 Indicator is a powerful tool designed for forex traders to gauge market volatility. Derived from Larry Williams’ TASC article “Fix the VIX,” this indicator adapts the concept of the VIX (Volatility Index) to the forex market. As Bernard Baruch famously stated, "the market...

The Currency Strength Meter MT5 Indicator offers traders a clear view of currency strength and weakness dynamics in the forex market. Positioned in a separate window beneath the main trading chart, this indicator displays the relative strength of eight major currencies against each other: EUR...

The Ehlers IFT of Smoothed RSI MT5 Indicator integrates advanced technical analysis tools into the MetaTrader 5 platform, providing traders with enhanced insights into market trends and conditions. Developed by John Ehlers, a renowned trader and technical analyst, this indicator combines the...

The MACD Color Candles Indicator for MetaTrader 4 enhances trading visibility by displaying color-coded candles that correspond to MACD bullish (green candles) and bearish (red candles) market conditions. Indicator Overview The MACD Color Candles Indicator transforms traditional candlestick...

The RSI HTF (High Time Frame) indicator offers a unique perspective on market strength compared to the standard Relative Strength Indicator (RSI). Unlike the traditional RSI line, the RSI HTF Indicator displays dots, each representing specific market conditions. Indicator Features The RSI HTF...

The Trend Confirmation Index (TCI) is a robust technical indicator designed for Metatrader 5 (MT5), offering a precise gauge of the market's current condition. Overview The TCI allows traders to assess market momentum by identifying overbought (>70) and oversold (<30) levels. This indicator is...

Installing the Double Smoothed Stochastic Indicator on MetaTrader 5 The Double Smoothed Stochastic (DSS) indicator is a refined version of the traditional stochastic oscillator. It is designed to smooth out price fluctuations and provide more reliable signals for trend reversals and market...

Trend trading remains one of the most profitable strategies in the forex market. Every trader aims to align their trades with the prevailing market trend. However, joining a trend too late can be risky and often leads to a stop-out. To mitigate this, many traders prefer to wait for a trend...

The Darvas Boxes indicator, named after its developer Nicolas Darvas, is a powerful tool for traders, known for its effectiveness in momentum and trend trading. Darvas, a renowned stock trader, famously turned $25,000 into $2,000,000 using this method. Unlike many trend indicators, the Darvas...

The Show Pips MetaTrader indicator is an essential tool for forex traders, offering a comprehensive display of critical trading information. It provides details on open positions, including profit and loss in pips, percentages, and US dollar value. Additionally, it shows the spread of the...

The CPR (Central Pivot Range) forex indicator is an advanced tool designed to assist with daily price-level analysis by leveraging pivot points. Pivot points are a popular strategy among forex and stock day traders to identify short-term support and resistance levels. They highlight key market...

Highway EA is a free Expert Advisor (EA) for forex trading, offering robust functionality and numerous filters to ensure effective trading decisions. It can be utilized on live accounts and does not come with an expiration date. This EA is designed to be safe and profitable, making it a valuable...

Double Extreme EA is an automated forex robot designed to assist traders by identifying and leveraging market extremes. It employs a mid-term strategy based on the analysis of extreme points formed by indicators and compares them to the extreme values of the market price. Key Features Automated...

The Forex Currency Meter V3 Dashboard indicator system is a versatile tool designed to assist traders by providing signals that can be directly followed or further analyzed using additional MT4 chart analysis. This dual approach is recommended to enhance trading decisions. Key Features...

Signalspro007 V12 EA is an automated trading robot designed for the forex market, specifically optimized for daily profits with a target of up to 5% per day and a monthly return on investment (ROI) of 40-50%. The robot utilizes a robust trend-following strategy, combining various trending...

Manhattan PRO Best MT4 Robot operates on the Martingale principle, which involves increasing the trade size after a loss to recover previous losses and gain a profit. This method can significantly amplify both risk and profitability. However, it's important to understand the distinction between...