Fisher indicator is a leading oscillator used by the forex traders for the purpose of detecting the direction and strength of the trend. It also signals when the trend changes. In first it looks like histogram but it is more than histogram.
Fisher
bases its calculations on the maximum and minimum price levels from the previous
periods, applying some advanced math calculations to the relations between the
current price and the max/min prices. The indicator is available for both MT4 and MT5.
On the chart example you see that the upward trends are marked with the green
histogram lines, while the downward trends are marked with the red line. It's
easy to trade with this indicator. You can close short positions and go long
when the lines' color change from red to green. You can close long positions and
go short when the lines' change from green to red. With the default period
setting (10) i suggest use for EUR/USD H1 chart.
Fisher Indicator setting:
It consists of only one setting called period and the default value is
10. That means it takes the last 10 bars to calculate the values. The higher is the value the less false
trend change signals occur but the more this indicator lags.
Free Download- Fisher Forex Indicator
Forex Indicator-DeMark Breakout Strategy
This is a free Forex Indicator call DeMark Breakout Strategy. This Forex strategy is using two indicators, call "Trend" and "Arrow".
This indicator tell us,where and when to buy/sell.And where to place our stop loss and targets.Buy zone area is the area above the blue trendline.When price cross this line, time to make a buy. If price cross the red trendline, that's a sell signal.
You will notice the green/red parallel line displayed on top or below chart.Use this as your profit target.Red line=sell target,Blue line=buy target.
To confirm the trendline we use the second indicator call "Arrow". We are only going to sell, when the last arrow before breakout was blue in color. And we are only going to sell when the last arrow before breakout was red in color.
Stop loss:
Depends on the time frame you trade. 30 pips (30M chart), 60 pips (4H chart).
Here is the screenshot of the indicator system:
buy signal:
1-price break the Blue Trend
2-Last arrow signal was from a blue arrow
sell signal:
1-price break the Red trend
2-Last arrow signal was from a red arrow
FREE DOWNLOAD -DeMark Breakout Strategy
Happy Trading....Thanks for visit
This indicator tell us,where and when to buy/sell.And where to place our stop loss and targets.Buy zone area is the area above the blue trendline.When price cross this line, time to make a buy. If price cross the red trendline, that's a sell signal.
You will notice the green/red parallel line displayed on top or below chart.Use this as your profit target.Red line=sell target,Blue line=buy target.
To confirm the trendline we use the second indicator call "Arrow". We are only going to sell, when the last arrow before breakout was blue in color. And we are only going to sell when the last arrow before breakout was red in color.
Stop loss:
Depends on the time frame you trade. 30 pips (30M chart), 60 pips (4H chart).
Here is the screenshot of the indicator system:
buy signal:
1-price break the Blue Trend
2-Last arrow signal was from a blue arrow
sell signal:
1-price break the Red trend
2-Last arrow signal was from a red arrow
FREE DOWNLOAD -DeMark Breakout Strategy
Happy Trading....Thanks for visit
Free Download-IV Jempol Forex Indicator
Today we want to present you a reliable FREE IV-Jempol metatrader (mt4)
indicator that will give THUMBS UP to your trading! Use it as an
independent indicator or along with any other indicators you have. Check
the screenshot with the signals yourself.
This indicator is useful for detecting the points that are likely to be the point of reversal. Why likelihood? Of course, because there is no forex indicators can always be exactly 100% accurate with no misses.
How to use a very simple, just follow the big signs. Thumbs red means sell signal, a green thumb means buy signal. Signal produced never repaint, which will not move after the candle closed.
To Stop Loss and Take profit please follow your strategies and money management respectively.
Best used in the GBPUSD pair and TF H1
Free Download
This indicator is useful for detecting the points that are likely to be the point of reversal. Why likelihood? Of course, because there is no forex indicators can always be exactly 100% accurate with no misses.
How to use a very simple, just follow the big signs. Thumbs red means sell signal, a green thumb means buy signal. Signal produced never repaint, which will not move after the candle closed.
To Stop Loss and Take profit please follow your strategies and money management respectively.
Best used in the GBPUSD pair and TF H1
Free Download- WA Scalping Indicator
This is a good forex indicator which can be used for scalping the small
time frames. Please use this
indicator along with your other indicators and use a trailing stop to
catch some profits.Better using with small time frames and take your trade breakeven as soon as possible.
This indicator draw green and red bar. The indicator is giving a buy signal when there are 2 consecutive green bars which has already closed and gives a sell signal when there are 2 consecutive red bars which has already closed. Sometime it does not draw any bar, that means no trade.
It is free for download, so go ahead and try it.., Happy Trading..
Free Download
This indicator draw green and red bar. The indicator is giving a buy signal when there are 2 consecutive green bars which has already closed and gives a sell signal when there are 2 consecutive red bars which has already closed. Sometime it does not draw any bar, that means no trade.
It is free for download, so go ahead and try it.., Happy Trading..
Free Download
Forex Indicator-MACD and Parabolic SAR
This indicator is using MACD and Parabolic SAR.Even it simple but it is working and is successfully used by traders who prefer scalping Forex strategies.
Time Frame:30 min,1-Hour, 4 Hours and Daily Timeframe
Pairs:EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/JPY
Indicator: MACD (12,26,9) Parabolic SAR default setting (0.02,0.2)
Long Entry:When Parabolic SAR give buy signal (starts aligning below the candle) and MACD cross zero line upward
Example: MACD and Parabolic SAR Buy Signal
Short Entry:When Parabolic SAR give sell signal (starts aligning above the candle) and MACD cross zero line downward
Example: MACD and Parabolic SAR Short Signal
Exit: when the MACD bars starts declining prior to the previous or on the formation of the Parabolic SAR on the opposite side.
Try out this indicator,
Happy Trading..
Time Frame:30 min,1-Hour, 4 Hours and Daily Timeframe
Pairs:EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/JPY
Indicator: MACD (12,26,9) Parabolic SAR default setting (0.02,0.2)
Long Entry:When Parabolic SAR give buy signal (starts aligning below the candle) and MACD cross zero line upward
Example: MACD and Parabolic SAR Buy Signal
Short Entry:When Parabolic SAR give sell signal (starts aligning above the candle) and MACD cross zero line downward
Example: MACD and Parabolic SAR Short Signal
Exit: when the MACD bars starts declining prior to the previous or on the formation of the Parabolic SAR on the opposite side.
Try out this indicator,
Happy Trading..
I Trend Forex Indicator-Free Download
Simple trend analyzing indicator.
Signals: Red crossing to top – Sell , Green crossing to top – Buy.
Input parameters:
Bands_Mode_0_2 (0=MODE_MAIN, 1=MODE_LOW, 2=MODE_HIGH)
Power_Price_0_6 (0=PRICE_CLOSE, 1=PRICE_OPEN, 2=PRICE_HIGH, 3=PRICE_LOW, 4=PRICE_MEDIAN, 5=PRICE_TYPICAL, 6=PRICE_WEIGHTED)
Price_Type_0_3 (0=PRICE_CLOSE, 1=PRICE_OPEN, 2=PRICE_HIGH, 3=PRICE_LOW)
Bands_Period
Bands_Deviation
Power_Period
CountBars
Free Download
Signals: Red crossing to top – Sell , Green crossing to top – Buy.
Input parameters:
Bands_Mode_0_2 (0=MODE_MAIN, 1=MODE_LOW, 2=MODE_HIGH)
Power_Price_0_6 (0=PRICE_CLOSE, 1=PRICE_OPEN, 2=PRICE_HIGH, 3=PRICE_LOW, 4=PRICE_MEDIAN, 5=PRICE_TYPICAL, 6=PRICE_WEIGHTED)
Price_Type_0_3 (0=PRICE_CLOSE, 1=PRICE_OPEN, 2=PRICE_HIGH, 3=PRICE_LOW)
Bands_Period
Bands_Deviation
Power_Period
CountBars
Free Download
TrendLinearReg Indicator-Free Download
Easy to use great early signals, Green - BUY, Red dot - SELL.(when the indicator changes color..) How a trend changes? How to determine a flat? How to trade? ... etc. This indicator will help to answer these questions.
If you assume that the trend within N bars is a straight line you can calculate the parameters of that line. You know the equation of the straight line from the school, it is y = bx + с.
The inclination of the line ischaracterized by the "b" coefficient or tangent of the angle of slope. The indicator calculates this parameter using the linear regression on every bar and display it in a separate window.
If the color is green it means that the value is greater than the previous one, i.e. the angle of slope increases, the red color means the opposite.
Source: Available for free on some Open Forex Sources
Free Download
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