123 Pattern This best forex indicator 2013 free download finds 123 patterns, also known as continuation patterns, a must-have tool for breakout traders. Bottom This indicator finds double top and double bottom chart patterns, a must-have tool for price action traders. Head and Shoulders This indicator finds shoulder-head-shoulder chart patterns and implements alerts. Pennants This indicator balance of power indicator forex download pennants, which are continuation patterns, and implements alerts of all kinds.
Penta-O A 6-point harmonacci retracement pattern which precedes big market movements. Super Trend Custom implementation of the famous super trend indicator, with scanner, dashboard and alerts. Bottom This indicator finds triple top and triple bottom reversal patterns and implements alerts of all kinds. Wedges This indicator finds wedges, which are continuation patterns, and implements alerts of all kinds. Absolute Gains This indicator calculates how much has a symbol won or lost in percentage terms during a period of time. Bollinger Trend Custom implementation of the bollinger bands indicator as a trend following mechanism, with alerts of all kinds. Correlation This indicator measures of how different securities move in relation to another, making portfolio management easier.
Divergence Lite This indicator finds regular and hidden divergences using many oscillators: MACD, RSI, OSMA and Awesome. Fibonacci This indicator displays fibonacci retracements or extensions automatically, calculated from two different price points. HHHC LLLC Simple indicator that implements the higher high, higher close, lower low, lower close trend confirmation principle. Inside Bars This indicator detects inside bars of several ranges and signals the breakout when the market direction is known. Keltner Channel A multi-timeframe indicator designed to find overbought and oversold price areas, using a moving average and ATR. Lopez Flow A simple yet very useful indicator which highlights the short-term directionality and strength of the market.
Lopez Impulse This indicator evaluates volatility and price directionality to find strong and decisive bullish or bearish movements. Lopez Pressure This indicator anticipates price reversals analyzing bullish and bearish pressure volume in the market. Lopez Speed Vectorial indicator which detects if the market is accelerating or decelerating, and in which direction. Multidiagonals This indicator connects past price points creating diagonals, which can converge in the future to create reversal points. Oscillator Smooth and responsive accelerometer which reveals the market trend and detects divergences automatically. Pivot Points Looking for a top-quality pivot points indicator?
This indicator calculates and displays pivot points for you. Quadrant Thesis General purpose indicator that displays colored lines at fixed price intervals. Theme: Daily Magazine by AF themes. Total Power Indicator is an updated version of the Alexander Elder’s Elder-Ray index, which is based on the power strength of bulls and bears, along with a 13 day EMA. The indicator used three technical indicators, which showed how bullish and bearish price fluctuations were formed according to the price. The drawback of this index is that it does not make clear signals on market entrance.
Hence, the Total Power Indicator for MT4 was developed to provide particular outlook for the market price fluctuations, along with the difference between the current and previous price. If 100 level is reached by either Bulls or Bears along with the Total indicator, then we can enter a long or short trade accordingly. If Bull line crosses Bear line from the bottom upwards, then we have a buy signal. While if Bear line intersects Bull line from top downward, then it’s an indication to sell. If either Bulls or Bears intersect the level of 50 to the topside, then we have bullish or bearish bias accordingly.
Note: Bull power is the green line. Bear power is the red line. Total power is the blue line. POWER_BAR MTF is a trend following forex indicator !