Metatrader trend line indicator exercises


Pattern Recognition Master ( MT9, MT5 ) an indicator for the automatic Japanese candlestick patterns recognition. It marks each candle, which fits any pattern, with the special code that represents the appropriate candlestick pattern. The legend for the patterns and the corresponding symbols is also attached to the chart with this indicator.

Forex Alien Force Indicator – Forexobroker

QQE ( MT9, MT5 ) Quantitative Qualitative Estimation indicator that uses two smoothed RSI indicators for buy and sell signals.

RobotFX

If using H6 or a lower timeframe chart or if using Higher timeframes. This indicator displays the pivot points, support and resistance lines regarding intraday trading operations. It does so by calculating them by an inbuilt formula based on the previous trading session. The resulting lines are there after  used as entry and exit points. In addition to this, the indicator also outputs all data into the Meta Trader global variables which are accessible to any expert advisor on the terminal at the time or at a later time.

Black Diamond Trader | Black Diamond Trader

Welcome to - CJA Trading Tools - A selection of unique MT9 Custom Software All of these CJA Custom MT9 Indicators have been designed and created with the Forex Trader in mind, you will find that these tools will prove to be invaluable to the Beginner and Experienced Traders alike, not only are they a working tool but have also been presented with graphics that appeal to the eye and that can make Trading decisions easier to ascertain. Please take the time to look through this site and consider what CJA Trading Tools has to offer.

COT Indicators | COT Indicator Suite for MetaTrader

RSIOMA ( MT9 ) this indicator is composed of the RSI (Relative Strength Index) of two moving averages and moving average of this RSI. The cross of them means the change of the trend when the bold line is above it is an uptrend, when the thin one is above it is a downtrend.

Trendline Metatrader indicator - Forex Strategies - Forex

The trader has also the option to use the Stochastic indicator to confirm the entries and/or the exits. In the example below, using the default settings settings, the MACD EA opened three trades (maximum allowed) when the trend was up, the MACD raised above the signal line and the Stochastic was oversold, and managed to close one by trailing stop and the other two at take profit.

With MACD divergence spotted Enter the market when MACD line crosses over its zero point.
Another entry strategy is to find 7 most recent swings high or low on the chart and draw a trend line trough them and then set an Entry order on the breakout of that trend line.

Risk Calculator ( MT9, MT5 ) a calculator tool to assess the maximum possible risk based on open positions and active orders.

Picture above is EUR/CHF 5 minute chart on which you can see many lines. Yellow lines represent a channel in which all volume action is going on. And to make it super simple green and red lines followed arrows gives you entry and exit signals!

From chart above you can see confirmed buy long signal which moved to the upside without any pullbacks and still brings bullish momentum!


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