Currency Power Meter Forex Indicator with Alert
The Currency Power Meter indicator is an algorithm that characterizes the mutual strength of currencies or currency pairs.
When added to your chart, Currency Power Meter will show the relative strength of a financial instrument...
Buy Sell Magic Indicator for MT4 Explained
Beginners’ charts often look cluttered with dozens of different indicators. The chaos out of lines, histograms, and bands distracts a trader from the trading process and makes the situation even more confusing.
Luckily, this problem...
Keltner Channel Trading Strategy Explained
Keltner Channel is an envelope of moving averages formed around the EMA and tied to the volatility of the instrument. This indicator is very similar to Bollinger Bands, which uses the standard deviation to...
How to Set Up and Use the Pin Bar Indicator
According to great wisdom, everything that can be automated must be automated. Strangely enough, this is especially true for manual trading. Think of it: after all, the more tasks the program will give, the...
How to Use Stochastic Indicator in Forex Trading?
Many of us scorn to classic indicators that are available by default in the trading terminal. But there is no purpose for that.
Before reading the article and writing your questions in the comments section,...
Trading The Elder Impulse System
Let’s take a look at the Forex price movement impulse indicator called the Forex Impulse Indicator. It generates the signals based on the reading of the classic MACD indicator. This tool is also designed...
Pivot Points Indicator Explained
The key support and resistance levels are the technical analysis tools, which many traders use as the basis of making decisions. It is of no surprise since the traders believe that if the support...
How to Use the Fractal Indicator in Forex Trading?
The Fractals Indicator is a classic indicator, which is known as an element of the famous trading system by Bill Williams. The Fractals indicator analyzes price figures formed on the candlestick chart, which shows...
Murray Math Levels Trading Strategy Explained
The traders often ask me about the price levels on the Forex market. We have already discussed a lot of the price levels’ varieties such as the support and resistance levels, the round levels...
How to Use CCI Oscillator in Forex Trading?
In this article, I’ll talk about an amazing classic indicator, the Commodity Channel Index (CCI). Traders use this tool to measure deviations of the current price from its moving average. High CCI readings indicate...
