There thousands MT4 custom indicators available free forex trend line indicator mt4 Forex trading. Which one to try out first? Many custom MT4 Forex indicators need further explanation and trading instructions before anyone can actually use them.
Reviewing a list of preferred MT4 indicators, tested by someone else is much easier! Woodie, Gann and Forex-freedom rules ! Fell free to ask about any indicator, and I’ll review it for you. 4 candlesticks indicator description is added. From above indicators, what resembles SMA,WMA and EMA, that could somehow forecast the next upcoming movements? From above indicators, what are 3-4 combinations that could confirm and affirm signals? 3-4 combination, is it possible to make an EA on that?
Heiken-ashi can be confirmed by BBands_Stop or Laguerre indicator. I’m not able to create EAs at the moment. The description page has been added. Hi i’d like to ask about kaufman , how does it work ? Check the link in the list above. Hi, How do you use the Gann and the Real_Woodie indicators? Alas the Wolf Wave indicator gives signals that break the rules.
2and 4 are aligned and points 1,3 and 5 are aligned for a bull or bear wave. The decreasing wedge down should represent a bull wave from point 5 forward and decreasing wedge up should produce a bear market from point 5 onwards. Which indicator is the best for 5m charts? Your indicators are posted in two different formats. For example, SuperSR is not in indicator form where you can copy and install in indicator folder.
Gann and Woodies explanations have been added. So far Wolf Wave indicator is the only one known indicator for wolf wave theory. It might have flaws, but I haven’t seen a better version of it. Basically all indicators can be traded on 5 min charts, so pick anyone you like. Agree that some are not indicators, but rather experts, therefore in order to work should be placed in Experts folder rather than in Indicators folder.
As soon as description for those experts will be added, an appropriate note will be made. Can you please explain indicators listed in your ‘Favorite MT4 Forex indicators’. Please can you explain more the forex_freeaway. I’ve got few other requests for new indicators, so I’ll schedule some time and get to work by the end of this week. Camarilla Equation is known among forex traders as Camarilla pivot points.
Camarilla pivots are used for intra-day trading, it is a tool for Forex scalpers and short term traders alike. Taking yesterday’s High, Low, Open and Close Camarilla indicator calculates 10 levels: 5 “L” low levels and 5 “H” high level. Most valuable and most often traded Camarilla pivot levels are L3, L4 and H3, H4. Current Camarilla indicator also has built in regular Pivot points and Fibonacci levels. The charts to be used for trading with Camarilla equation – 15 min, 10 min, 5 min and 1 minute. Watch for the market coming towards L3 or H3 level – these are the levels of entry – L3 Long and H3 Short.