MT5 Indicator – ForexCracked https://www.forexcracked.com Free Premium Forex Indicators, Strategies, Free Forex EA Wed, 26 Mar 2025 12:05:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.forexcracked.com/wp-content/uploads/2020/03/cropped-Untitled-design-7-32x32.png MT5 Indicator – ForexCracked https://www.forexcracked.com 32 32 173903315 Pip Calculator Indicator: Your Essential Risk Management Tool https://www.forexcracked.com/forex-indicator/forex-pip-calculator-indicator-mt5/ https://www.forexcracked.com/forex-indicator/forex-pip-calculator-indicator-mt5/#respond Fri, 10 Jan 2025 06:29:15 +0000 https://www.forexcracked.com/?p=160112 Risk management is the backbone of successful forex trading, and the Pip Calculator Indicator for MT5 is here to simplify the process. If you’re an active trader juggling multiple trades, calculating pip values and lot sizes on the fly can be daunting. This indicator automates the calculation of pip values based on your account’s deposit currency and expected trading lot size, allowing you to focus on strategy and execution.

Whether you’re trading forex, stocks, or cryptocurrencies, the Pip Calculator works well with MT5, with all timeframes and asset types. Let’s see how it works and how it can help your trading decisions.

Pip Calculator forex Indicator

Why Use the Pip Calculator Indicator?

Understanding the value of a pip is crucial for managing your risk effectively. A pip (percentage in point) represents the smallest price movement a currency pair can make, and its value varies depending on the currency pair, lot size, and your account’s base currency.

For example, if your risk budget is $500 and a pip is worth $10, you know your stop-loss needs to be set within 50 pips to stay within your budget. Without a tool like the Pip Calculator, this process can be time-consuming and prone to errors, especially during fast-moving markets. The Pip Calculator takes the guesswork out of the equation, providing you with accurate pip values instantly.

How the Pip Calculator Works in MT5

Setup and Functionality

  1. Install the Indicator: Once installed on your MT5 platform, the Pip Calculator automatically detects your account’s deposit currency.
  2. Set Lot Size: By default, it calculates pip values for one standard lot. However, you can adjust the lot size to suit your trading style.
  3. Real-Time Display: The indicator provides real-time values for both pips and points directly on your chart.

Points vs. Pips

  • Points: Represent the smallest price movement of an asset, typically measured in ticks.
  • Pips: A pip is equivalent to 10 points.

For example, in a USD/JPY chart:

  • One Point Value: $0.770
  • One Pip Value: $7.70

This helps traders gauge risk and make informed decisions quickly.

How to Use the Pip Calculator Indicator for Risk Management

Example:

  • You have a risk budget of $500 per trade.
  • The pip value for your chosen pair is $10.
  • To stay within your budget, calculate your maximum stop-loss distance:
  • $500 ÷ $10 = 50 pips

If the trade needs a stop-loss greater than 50 pips, adjust your lot size to ensure you remain within your risk tolerance. This simple calculation becomes effortless with the Pip Calculator’s real-time data.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Benefits of the Pip Calculator Indicator

  1. Speed and Efficiency
  • Automates calculations, saving time during active trading sessions.
  • Displays pip values directly on the chart for quick reference.
  1. Risk Management
  • Helps set precise stop-loss and take-profit levels.
  • Prevents overexposure by aligning lot sizes with your risk tolerance.
  1. Versatility
  1. User-Friendly
  • Ideal for novice traders who struggle with manual pip value calculations.
  • Simple interface ensures accessibility for traders of all skill levels.

How to Maximize the Pip Calculator’s Potential

  • Combine with Technical Analysis: Use the Pip Calculator with technical tools like trendlines and moving averages for trade planning.
  • Set Alerts: Monitor pip values and stop-loss levels in volatile markets to stay on top of risk management.
  • Backtest: Familiarize yourself with the indicator in a demo account to refine your trading strategy before going live.

Free Download Pip Calculator Forex Indicator

(Mirror Download)

Read More 1Hr USDJPY Forex Trading Strategy

Conclusion

The Pip Calculator Indicator is a must-have tool for every trader using MT5. By automating pip value calculations, it not only saves time but also helps you manage risk with precision. Whether you’re a beginner or a pro trader, this indicator ensures you “know your risk before you trade,” enhancing your confidence and decision-making in the fast-paced forex market.

Install the Pip Calculator today, and take the guesswork out of trading. Let it be your risk management companion as you navigate the complexities of the forex market with clarity and efficiency.

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Simple Display Panel and Trend Arrows Forex Trading Strategy https://www.forexcracked.com/education/simple-display-panel-and-trend-arrows-forex-trading-strategy/ https://www.forexcracked.com/education/simple-display-panel-and-trend-arrows-forex-trading-strategy/#respond Sun, 08 Dec 2024 18:20:40 +0000 https://www.forexcracked.com/?p=157621 The Simple Display Panel and Trend Arrows Forex Trading Strategy is a straightforward and effective method for trading in the fast-paced forex market. By combining the clarity of the Simple Display Panel with the precision of the Trend Arrows MT5 Indicator, this strategy simplifies decision-making and helps traders identify high-probability setups with confidence. Perfectly suited for the MT5 trading platform, this approach is ideal for Forex traders at any experience level, from beginners to seasoned Traders.

This guide will walk you through how to use this powerful MT5 forex strategy, explaining its components, how to execute trades, and tips for maximizing its effectiveness.

Simple Display Panel and Trend Arrows mt5 Forex Trading Strategy

Why Use the Simple Display Panel?

The Simple Display Panel is your command center for analyzing the forex market. It consolidates key data into one user-friendly interface, providing:

  • Current price levels
  • Major support and resistance zones
  • Trend direction and momentum

This indicator is especially valuable for fast-moving markets, allowing Forex traders to make good decisions without being confused down by excessive data. Its simple design helps both novice and experienced traders quickly identify market trends and find entry and exit opportunities.

On MT5, the Simple Display Panel integrates seamlessly into your trading setup, giving you instant access to critical information in real time.

What Is the Trend Arrows Indicator?

The Trend Arrows Indicator is a visual tool that provides clear signals on market direction:

  • Upward arrows: Indicate a bullish trend or potential reversal to the upside.
  • Downward arrows: Suggest a bearish trend or potential trend reversal to the downside.

By displaying these arrows on your MT5 charts, the Trend Arrows MT5 Indicator help you with market technical analysis and confirms trade setups. Its ability to detect trend momentum and reversals makes it an indispensable part of this strategy.

Why Combine These Tools?

Combining the Simple Display Panel and Trend Arrows Indicator creates a dynamic system that balances clarity and precision:

  1. The Simple Display Panel identifies critical price levels and trends.
  2. The Trend Arrows Indicator confirms those trends and signals optimal entry and exit points.

This combination ensures that you’re trading with market momentum while staying aware of key support and resistance levels.

How to Use the Simple Display Panel and Trend Arrows Strategy

This strategy works across multiple timeframes, making it versatile for scalping, intraday, or swing trading. Here’s how to execute buy and sell trades effectively.

Buy Setup (Long Position)

  1. Identify the Uptrend:
    • Check the Simple Display Panel to confirm that the market is in an uptrend with higher highs and higher lows.
  2. Confirm with Trend Arrows:
    • Wait for the Trend Arrows Indicator to display an upward arrow, signaling bullish momentum or a reversal.
  3. Enter the Trade:
    • Open a buy order at the close of the candle that confirms the uptrend.
  4. Set Your Stop-Loss:
    • Position your stop-loss just below the nearest support level or the most recent swing low.
  5. Define Your Take-Profit Target:
    • Target the next resistance level or aim for a risk-reward ratio of at least 1:2.

Sell Setup (Short Position)

  1. Identify the Downtrend:
    • Use the Simple Display Panel to confirm that the market is in a downtrend with lower lows and lower highs.
  2. Confirm with Trend Arrows:
    • Wait for the Trend Arrows Indicator to display a downward arrow, signaling bearish momentum or a reversal.
  3. Enter the Trade:
    • Place a sell order at the close of the candle that confirms the downtrend.
  4. Set Your Stop-Loss:
    • Place your stop-loss just above the nearest resistance level or the most recent swing high.
  5. Define Your Take-Profit Target:
    • Target the next support level or use a risk-reward ratio of at least 1:2.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Why This Strategy Works

  1. Clear Signals:
    • The Trend Arrows Indicator reduces confusion by providing direct visual cues on market direction.
  2. Efficient Market Analysis:
    • The Simple Display Panel consolidates crucial data, saving time and makeing it easy to make trades.
  3. Adaptable Across Timeframes:
    • This MT5 strategy works for scalpers, day traders, and swing traders, good for any trading style.
  4. Improved Risk Management:
    • By combining clear entry signals with support and resistance levels, this Forex strategy improves risk management and trade precision.

Tips for Success

  1. Trade High-Volatility Sessions:
    • Use this Forex strategy during the London and New York trading sessions when price movements are more pronounced.
  2. Combine with Additional Indicators:
    • Pair this strategy with complementary indicators like RSI or MACD for added confirmation in challenging market conditions.
  3. Start with a Demo Account:
    • Practice this Forex strategy on a demo account to refine your execution and build confidence before trading live.
  4. Stick to the Plan:
    • Avoid overtrading. Only enter trades when both the Simple Display Panel and Trend Arrows align.

Free Download Simple Display Panel and Trend Arrows Forex Trading Strategy

Read More Best Currency Correlation Forex Indicator mt4 Free Download

Final Thoughts

The Simple Display Panel and Trend Arrows Forex Trading Strategy is an good choice for traders looking a simple Forex Strategy. By leveraging the clarity of the Simple Display Panel MT5 indicator and the precision of the Trend Arrows MT5 Indicator, this strategy help you to make informed decisions and open trades correctly.

Perfectly good for the MT5 platform, this strategy can help you navigate the forex market. Try it today, and take the first step toward more consistent trading success.

Happy trading!

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Forex Jupiter – The Most Accurate Trend Indicator for MT4/MT5 https://www.forexcracked.com/forex-indicator/forex-jupiter-the-most-accurate-trend-indicator-for-mt4-mt5/ https://www.forexcracked.com/forex-indicator/forex-jupiter-the-most-accurate-trend-indicator-for-mt4-mt5/#comments Thu, 17 Oct 2024 18:51:51 +0000 https://www.forexcracked.com/?p=123839 Are you tired of the unpredictability and volatility that comes with Forex trading? Do you wish for a tool that not only guides you through market trends but also turns trading into your primary source of income? Say hello to Forex Jupiter, A most accurate trend indicator that doesn’t repaint—designed to transform your trading experience and usher in a new era of financial prosperity.

Forex trading can be daunting, but Forex Jupiter simplifies the journey. You don’t need to sift through countless strategies; you need one that consistently works. With Forex Jupiter, you get a meticulously tested method that’s effective time and time again, regardless of your experience level.

Why Forex Jupiter is a Game-Changer

Forex trading has never been more straightforward, thanks to the revolutionary Forex Jupiter indicator. With its cutting-edge technology and deep understanding of Forex trading’s key aspects like Support and resistance, This Accurate Trend Indicator is more than just a tool; it’s your partner in success. It is your ticket to transforming trading from a side hustle into your main income stream.

The Special Edge of Forex Jupiter indicator

Forex Jupiter indicator doesn’t just stop at offering entry points. It provides a comprehensive system to maximize your profits:

  • Accurate Entry Points: It forecasts the most precise entry points under market conditions.
  • Dynamic Support & Resistance Levels: These are not just the backbone of Forex trading; Forex Jupiter uses them to suggest three TakeProfit levels and a StopLoss level for precision trading.
  • Speed and Adaptability: Make swift decisions with comprehensive data suitable for any trading style and grow your account swiftly and efficiently.

Get Started with Forex Jupiter Today!

Forex Jupiter Notification System

Imagine the freedom of receiving timely trade signals, no matter where you are or what you’re doing. With the Forex Jupiter Notification System, this freedom is now a reality. Designed for traders who prefer to retain manual control while benefiting from advanced technology, our notification system seamlessly links Jupiter to your smartphone.

MT4/MT5 Pop-up Alerts with Sounds

You don’t have to stay up late or wake up early to sit at your computer and watch the market like a hawk – our built-in alert system will make it impossible for you to miss a trade! Once you hear the alert, open the trade!

Instant Email Notifications

But I thought you said I didn’t have to be at my computer all day. We did, you don’t. Instant email notifications will let you know as soon as an alert is generated!

Push Notifications to Your Mobile Phone

You’ll get a push notification when a signal is generated – then open the MT4/MT5 app on your phone and enter the trade with the data that’s been given to you! It’s as simple as that.

Most Accurate Trend Indicator: Real Results

Forex Jupiter Manager: Your Personal Trading Assistant

Forex Jupiter Manager isn’t just a tool; it’s your strategic ally, ensuring safe trading while maximizing every opportunity. With features like News Filter and Max Spread Protection, you trade smart—not hard.

In essence, Forex Jupiter, coupled with the Manager, does the heavy lifting, crunching numbers, and executing trades, allowing you to enjoy the fruits of Forex trading without the traditional effort.

With Forex Jupiter Manager, ‘set and forget‘ becomes your new mantra. Once you define your strategy, the Manager takes over, automating your trades with military precision and ensuring that your involvement can be as minimal as you desire.

Two Modes to Suit Your Trading Style

Whether you’re an active trader who likes to be involved with every click or someone who prefers to let the technology take the lead, Forex Jupiter Manager offers both Semi-EA and Auto Modes:

  • Semi-EA Mode: A blend of control and convenience. Activate trades with one click and let the Manager handle the exits based on your pre-set preferences.
  • AutoMode: Absolute automation for the trader who values time above all. Activate this mode, and Forex Jupiter Manager will conduct trades from start to finish, adhering strictly to your specified criteria.

In the constellation of trading tools, Forex Jupiter Manager shines the brightest. By bridging the gap between human intuition and algorithmic precision, it offers a trading experience that’s as profitable as pleasurable. It’s not just about winning trades; it’s about consistently executing a profitable strategy.

Make Jupiter Manager the cornerstone of your trading routine, and watch as it transforms complex market analysis into actionable, profitable trades. Your journey towards financial mastery awaits, with Forex Jupiter Manager as your faithful navigator.

Showing You How To Profit

Watch this video to discover how you can achieve the same results as we demonstrate here!

Forex Jupiter indicator, with its unparalleled precision and ease of use, is not just an indicator; it’s a robust trading system tailored for success. Whether you are a seasoned trader or a newcomer, Jupiter is the key to unlocking the full potential of the Forex market. Embrace the power of professional trading made simple and make this accurate trend indicator your tool for financial growth and independence.

Join the ranks of successful traders who have turned the tide in their favor with Forex Jupiter — where your trading evolution begins.

Available for both MetaTrader 4 and MetaTrader 5

Forex Jupiter Reviews


100% Money-Back Guarantee

14 days since the moment of the purchase.

No reason is needed; every request is granted.

100% of the money is paid back in the refund.

Our members know the quality of our products and trust us wholeheartedly – we know that. But we want each new member to feel safe and secure with their order!

That’s why we ensured you can try a lifetime version of Forex Jupiter 100% risk-free for 14 days! You can test it, record your results, and decide whether it suits you personally!

And if, for any reason whatsoever, you decide that Jupiter is not for you, all you need to do is send us an email – and we will give you your full payment back! No excuses, no delays, no hustle – just the best support in the field!


If you have any questions, don’t hesitate to get in touch with the developer via email: support@altraforex.com or olivermurphy@altraforex.com.
Telegram: https://t.me/olivermurphy

Forex Jupiter Discussion

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https://www.forexcracked.com/forex-indicator/forex-jupiter-the-most-accurate-trend-indicator-for-mt4-mt5/feed/ 149 123839 The Whole New Universe of Trading with Brand New Forex Jupiter nonadult
Squeeze Break Forex Indicator for MT4/MT5 Free Download – Trend Trading Made Simple https://www.forexcracked.com/forex-indicator/squeeze-break-forex-indicator-for-mt4-mt5/ https://www.forexcracked.com/forex-indicator/squeeze-break-forex-indicator-for-mt4-mt5/#respond Sun, 06 Oct 2024 18:19:13 +0000 https://www.forexcracked.com/?p=152563 The Squeeze Break Forex Indicator for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) is a powerful technical tool designed to help traders capitalize on market trends by identifying key moments when volatility changes. The indicator is based on the strategy first introduced in John Carter’s book Mastering the Trade, which aims to trade based on a market’s changing volatility.

This indicator helps traders determine when a trend is starting, ending, or when the market is in a flat phase, giving you a reliable way to trade the beginning of bullish or bearish trends. The Squeeze Break Indicator displays this information using a red-green histogram and a blue oscillator line in a separate window below the price chart.

Squeeze Break Indicator mt4

Key Features of the Squeeze Break Forex Indicator

  • Histogram for Trend Detection: The histogram shows whether or not the market is in a trend.
    • Green Histogram: Indicates the presence of a trend. The larger the bars, the stronger the trend.
    • Red Histogram: Indicates a flat or non-trending market.
  • Blue Oscillator Line for Trend Direction:
    • If the blue line is above zero, the trend is bullish.
    • If the blue line is below zero, the trend is bearish.

The histogram’s size and color help you determine the trend’s strength, while the blue line points out the direction.

How the Squeeze Break Forex Indicator is Calculated

To understand how the Squeeze Break Indicator works, it combines two technical indicators:

  1. Bollinger Bands (green lines on the price chart)
  2. Keltner Channel (red lines on the price chart)

The difference in sensitivity between the Bollinger Bands and Keltner Channel to changes in market volatility is the key to the Squeeze Break Indicator’s functionality.

  • When Bollinger Bands are inside the Keltner Channels, the histogram shows red bars, signaling no trend.
  • When Bollinger Bands expand outside the Keltner Channel, the histogram shows green bars, signaling the start of a trend.

The greater the distance between the Bollinger Bands and Keltner Channel, the larger the histogram bars. The trend direction blue line is based on the Momentum indicator, a classic technical analysis tool.

How to Trade with the Squeeze Break Forex Indicator

Squeeze Break indicator free download

Buy Signals:

  • When the histogram turns green, and the blue line is above zero and pointing upwards, this is a buy signal.
  • Traders can hold the buy position if the blue line remains above zero and the histogram stays green.
  • Sometimes, you might exit early when the histogram and blue line peak, ensuring you lock in profits before momentum fades.

Sell Signals:

  • When the histogram remains green, and the blue line is below zero, this is a sell signal.
  • Traders should maintain their sell position while the blue line remains below zero and the histogram stays green.
  • Closing the position as signs of a weakening trend emerge is also a valid approach to protect profits.

Customization and Notifications

The Squeeze Break Forex Indicator offers several customization features:

  • Change the settings of the Bollinger Bands, Keltner Channel, and Momentum to fine-tune your strategy.
  • Customize additional information displayed on the indicator window.
  • Set up alerts and notifications to get signals in real time.

Free Download Squeeze Break Forex Indicator MT4/MT5

Read More LOTO USDJPY Forex Robot EA FREE Download

Conclusion

The Squeeze Break Forex Indicator for MetaTrader is an excellent tool for traders seeking to capitalize on market trends. It signals when a trend is starting, its direction (bullish or bearish), and when it might weaken. While the indicator sometimes lags and may send false signals, combining it with other technical analysis tools like support and resistance levels or confirming signals on daily and intraday charts can greatly improve its accuracy.

You can download the Squeeze Break Forex Indicator for free and integrate it into your trading strategy to identify profitable trends today!

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Target Bands Forex Indicator Free Download – A Precise Tool for Trend Reversal Detection https://www.forexcracked.com/forex-indicator/target-bands-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/target-bands-forex-indicator-free-download/#comments Thu, 03 Oct 2024 18:08:03 +0000 https://www.forexcracked.com/?p=152407 The Target Bands Forex indicator for MetaTrader 4 and MetaTrader 5 is a powerful technical analysis tool designed to help traders spot optimal zones for trend reversals. The indicator forms channel-like bands that highlight the potential overbought and oversold price areas, indicating where a reversal might occur. When the price touches the upper or lower band, it suggests that the price might be exhausted, and a reversal is likely. Additionally, the price tends to gravitate back to the bands after a breakout, making the bands effective for predicting future price movements.

The indicator analyzes past price behavior over a 55-bar look-back period to determine potential reversal zones. Along with the bands, it provides a buy/sell entry signal in the form of a star. A star above the candlestick signals a sell entry, while a star below the candlestick signals a buy entry.

The Target Bands indicator suits scalpers and day traders, especially those looking to capitalize on intraday price movements. However, confirming entry and exit points is best when combined with price action strategies or other technical indicators.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

How to Trade with the Target Bands Forex Indicator

Target Bands Indicator mt4

The above EUR/USD M30 price chart shows how the Target Bands Forex indicator works. In this example, the price breaks through the lower band, indicating a potential reversal as the price approaches the oversold zone. Multiple wick rejections confirm this, suggesting that the price is struggling to go lower, and a reversal is likely.

Next, the indicator prints a buy signal star, signaling an imminent trend change. Shortly after, the price moves back within the bands, confirming the bullish reversal. Traders can enhance their setups by combining the indicator with a bullish, engulfing candlestick pattern or other price action strategies for confirmation.

The same principle can be applied to sell signals. When the price reaches the upper band and a sell signal star appears, traders should look for price action confirmation, such as a bearish candlestick pattern, before entering a short position.

Free Download Target Bands Forex Indicator MT4/MT5

Read More Gold Hero V2 MT4 Expert Advisor FREE Download

Conclusion

The Target Bands indicator for MetaTrader 4 and MetaTrader 5 is a highly sensitive tool for identifying potential trend reversals in the forex market. Its ability to detect overbought and oversold zones makes it invaluable for scalpers and day traders looking to capitalize on short-term price movements. While it provides clear buy/sell signals, it is best used alongside other technical analysis tools, such as price action or moving averages, to improve trade accuracy.

Finally, the Target Bands indicator is free to download and easy to install on MT4 and MT5 platforms. Incorporating this tool into your trading strategy can help you find better entry and exit points, leading to more successful trades.

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All Pivot Points Forex Indicator Free Download – Tool for Support and Resistance Trading https://www.forexcracked.com/forex-indicator/all-pivot-points-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/all-pivot-points-forex-indicator-free-download/#respond Fri, 27 Sep 2024 18:05:31 +0000 https://www.forexcracked.com/?p=152152 The All Pivot Points Forex indicator is a price channel indicator designed for the MetaTrader 4 platform. This indicator calculates and plots key pivot points using historical price data such as the previous price candle’s open, high, and close. It automatically updates six different reversal levels after the close of the New York session, providing traders with crucial market levels to help them make informed trading decisions.

In technical analysis, identifying key support and resistance levels is vital for accurate trading calls. The horizontal lines drawn by the All Pivot Points indicator serve as a guide for traders, showing where the price is likely to react. As the price approaches these levels, traders can anticipate breakouts or trend-following entries based on price action.

Furthermore, the All Pivot Points Forex indicator is compatible with Multi-Time Frame (MTF) charts, making it customizable for different timeframes. Whether you trade forex, stocks, or other instruments, this indicator provides clear and reliable signals to guide your trading strategy.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

How to Trade Using the All Pivot Points Indicator on MT4

All Pivot Points indicator

Once you install the All Pivot Points Forex indicator on your MetaTrader platform, you’ll see six horizontal lines plotted on your chart, representing support and resistance zones. The three lines below the current price represent support levels, while the three lines above signify resistance. The indicator’s automatic calculator dynamically updates these levels.

Here’s how to effectively trade with the All Pivot Points indicator:

  1. Reversal Trading at Support/Resistance Levels
  • The support levels are ideal for identifying potential buy opportunities, while the resistance levels help spot potential sell opportunities.
  • It may retest the support level below if the price struggles to break through a resistance level. In this case, traders can look for reversal candlestick patterns to initiate a sell near the resistance and aim to take profit at the nearest support level.
  1. Breakout Trading with Pivot Points
  • The All Pivot Points indicator also identifies potential breakout zones for breakout traders. If the price breaks through a resistance level, it signals a potential bullish trend. Traders can place buy orders on the breakout and set the next resistance level as the target profit zone.
  • Conversely, if the price breaks a support level, it signals a potential bearish trend, and traders can enter sell positions, targeting the next support level.
  1. Intraday and Scalping Opportunities
  • The channels closest to the current price are particularly important to scalpers and day traders. Price must interact with these channels before moving significantly in either direction, offering multiple opportunities for short-term trades. If the price cannot break a channel, this could signal market consolidation, ideal for range-bound strategies.

Free Download All Pivot Points Forex indicator MT4/MT5

Read More Master Scalping Trading System MT4 FREE Download

Conclusion

The All Pivot Points Forex indicator is a versatile and powerful tool for identifying key price levels in the forex market. Plotting support and resistance zones helps traders better anticipate price reversals and breakouts. Whether you are a novice trader looking to improve your technical analysis skills or an experienced trader employing scalping or day trading strategies, the All Pivot Points indicator provides clear and actionable signals to enhance your trading decisions. Additionally, it’s free to download and works across all financial instruments on the MetaTrader platform, making it an essential part of any trader’s toolkit.

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Trade History Indicator MT4/MT5 FREE Download https://www.forexcracked.com/forex-indicator/trade-history-indicator-mt4-mt5-free-download/ https://www.forexcracked.com/forex-indicator/trade-history-indicator-mt4-mt5-free-download/#comments Sat, 04 May 2024 17:38:45 +0000 https://www.forexcracked.com/?p=136726 The Trade History Indicator is an innovative tool designed for MetaTrader 4 and MetaTrader 5 platforms. It significantly enhances traders’ ability to analyze their trade performance directly on the chart, providing both visual representation and real-time updates of trading activities. Order History Indicator builds upon the basic functionalities of MT4 and MT5, offering a more intuitive and informative approach to trade history analysis.

Key Features of the Trade History Indicator

Unlike the standard MetaTrader feature that requires manually dragging trades from the “account history” tab onto the chart, the Trade History Indicator automates this process. Once installed, it displays all past and current trades on the chart, using distinct visual markers to differentiate between trade types and outcomes.

Visual Indicators for Easy Analysis

  • Buy Trades: These are represented by blue ascending arrows on the chart. A green circle at the end of an arrow indicates a profitable trade, whereas a red circle denotes a loss. The size of the circle helps traders distinguish between closed trades (big circle) and active trades (small circle).
  • Sell Trades: These are marked by orange descending arrows. Similar to buy trades, the profitability of a sell trade is shown through the color of the circle at the arrow’s end—green for profit and red for loss.

Real-Time Updates and Trade Linking

The indicator updates in real-time and connects each trade’s opening and closing points with a dotted line. This feature helps traders visualize each trade’s trajectory and duration more clearly.

I personally use this indicator for my trading, that why I wanted to share this with fellow traders. This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.

Order History Indicator FREE Download ForexCracked.com

Enhanced Usability Through Hotkey Functionality

Order History MT4 FREE Download ForexCracked.com

Recognizing the need for a clutter-free chart while analyzing current market conditions, the Trade History Indicator includes a hotkey functionality (‘R’ by default). This feature allows traders to toggle the visibility of their trade history quickly. This flexibility is particularly useful during active trading sessions or when presenting trading strategies to others.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

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Benefits of Order History Indicator

Using the Order History Indicator can significantly enhance a trader’s ability to:

  • Review and Analyze Trades: Traders can easily see which trades were profitable and which were not, helping them to identify successful strategies and areas for improvement.
  • Understand Trading Patterns: The visual nature of the indicator aids in recognizing trading patterns over time, fostering better strategic decisions.
  • Monitor Current Trades: With real-time updates, traders can keep a close eye on their active trades, adjusting strategies as market conditions change.

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  • More Free Indicators by this Developer FXSSI
  • This Indicator is entirely free and without any restrictions, brought to you by the FXSSI Indicators

Conclusion

The Trade History Indicator for MT4 and MT5 platforms is a powerful addition to any trader’s toolkit. Integrating detailed visual representations of trade history directly into the chart simplifies the analysis process and helps traders make more informed decisions based on their historical and current trading activities. This tool not only enhances the functionality of MetaTrader platforms but also improves user experience, making trading analysis both efficient and effective.

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Balance of Market Power NRP Alerts Forex Indicator MT4/MT5 https://www.forexcracked.com/forex-indicator/balance-of-market-power-nrp-alerts-forex-indicator-mt4-mt5/ https://www.forexcracked.com/forex-indicator/balance-of-market-power-nrp-alerts-forex-indicator-mt4-mt5/#respond Thu, 25 Apr 2024 18:34:12 +0000 https://www.forexcracked.com/?p=137442 The Balance of Market Power NRP Alerts indicator is a powerful tool for traders to gauge the dominant forces in the forex market—buyers and sellers. Unlike conventional indicators that might only reflect market conditions within specific ranges, this indicator operates flexibly across the entire chart window, providing insights into the net retail price movements and the prevailing market power at any given time.

Balance of Market Power NRP Alerts forex Indicator

Features and Functionality of the Balance of Market Power NRP Alerts Indicator

This indicator is not confined by range, such as traditional tools like the Relative Strength Index (RSI). Instead, it offers a broader, more dynamic view of market forces, suitable for capturing otherwise overlooked movements. Here’s how it enhances trading analysis:

  • Market Sensitivity: It remains sensitive across all levels of the indicator window, allowing for timely detection of shifts in market dynamics.
  • Smoothing Technique: Utilizes simple moving averages to smooth the values, providing a clearer and more consistent readout.
  • Jurik Deviation: Instead of standard deviation, this indicator uses Jurik deviation for its bands, which is known for less lag and more accurate market volatility assessment.

The Balance of Market Power NRP Alerts is crafted as a trending tool, ideal for identifying who holds the reins in the market—buyers or sellers—and signaling potential price reversals.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

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How to Trade Using the Balance of Market Power NRP Alerts Indicator

Using the Indicator:

  1. Setup: Install the Balance of Market Power NRP Alerts indicator on your trading platform. It will appear at the bottom of your price chart, ready to signal shifts in market power.
  2. Interpreting Signals:
    • Buy Signal: Watch for the indicator to change its color to deep sky blue and begin to ascend. This indicates that buyers are gaining strength, and a bullish trend may be starting.
    • Sell Signal: Observe for a shift in color to pale violet red with a downward trajectory, suggesting that sellers are overpowering the buyers and a bearish trend could be underway.

Trading Strategy:

  • Execute buy orders when the indicator turns sky blue and trends upward, signaling a strong buyer’s market.
  • Enter sell positions as the indicator turns pale violet-red and moves downward, indicating a dominant seller’s market.

Free Download Balance of Market Power NRP Alerts Forex Indicator MT4/MT5

Read More Gold Trading SMC EA FREE Download

Conclusion: Why Use the Balance of Market Power NRP Alerts Indicator?

The Balance of Market Power, NRP Alerts indicator, stands out as a user-friendly yet profoundly effective trading tool. It simplifies determining market control, allowing traders to align their strategies with the prevailing power dynamics—bullish or bearish. Its unique use of Jurik deviation for band calculation and its non-range-bound nature enhance its reliability and responsiveness to market changes. For traders looking for an edge in identifying trends and potential reversals, this indicator offers a clear, actionable approach to navigating the forex markets.

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Bollinger Band Advanced Edition Forex Indicator MT4/MT5 https://www.forexcracked.com/forex-indicator/bollinger-band-advanced-edition-forex-indicator-mt4-mt5/ https://www.forexcracked.com/forex-indicator/bollinger-band-advanced-edition-forex-indicator-mt4-mt5/#respond Sat, 20 Apr 2024 17:04:59 +0000 https://www.forexcracked.com/?p=136542 The Bollinger Band Advanced Edition is a sophisticated modification of the traditional Bollinger Bands indicator, tailored specifically for the MetaTrader platform. This enhanced version offers a dynamic approach to forex trading by incorporating additional features that outshine its predecessor, making it an essential tool for traders to capitalize on market trends and reversals.

Bollinger Band Advanced Edition Forex Indicator MT4

Key Features of the Bollinger Band Advanced Edition Indicator

Unlike the standard Bollinger Bands, the Advanced Edition includes an innovative function that allows the middle band to change colors based on the prevailing market trend. This feature is particularly beneficial for traders as it provides visual cues for bullish and bearish conditions:

  • Green Middle Band: Indicates a bullish trend, suggesting potential buying opportunities.
  • Red Middle Band: Signifies a bearish trend, alerting traders to possible selling scenarios.

This color-coding of the middle band simplifies trend recognition and enhances decision-making processes for traders across all levels, from novices to experts. Additionally, this indicator is versatile and recommended for various trading styles, including scalping, day trading, intraday, and swing trading.

How to Trade Using the Bollinger Band Advanced Edition Indicator

Setting Up the Indicator:

Firstly, install the Bollinger Band Advanced Edition on your MetaTrader 4 (MT4) platform. Upon activation, you will notice the typical three-band structure with the added feature of the color-changing middle band.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

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Generating Trading Signals:

  1. BUY Signal:
  • Monitor the price interaction with the lower band; this could indicate a potential upward movement.
  • Wait for the price to cross above the middle band.
  • Confirm the trend reversal when the middle band turns green.
  • Open a BUY/LONG position based on these signals, ideally after additional confirmation through price action or other technical indicators.
  1. SELL Signal:
  • Like the buy setup, begin by observing the price’s reaction to the upper band.
  • Look for the price to fall below the middle band.
  • Shifting the middle band’s color to red confirms a bearish trend.
  • Open a SELL/SHORT position following these indicators and further validation.

Free Download Bollinger Band Advanced Edition Forex Indicator MT4/MT5

Read More Gold Level Forex Indicator MT4: A Game Changer for Gold Trading

Conclusion: Why Choose the Bollinger Band Advanced Edition?

The Bollinger Band Advanced Edition indicator for MT4 significantly enhances the functionality of the traditional Bollinger Bands by providing clear visual representations of market trends through its color-coded system. It helps identify the market’s overall direction and pinpoints optimal entry and exit point zones. Its user-friendly interface and versatility cater to a broad range of traders and trading strategies, making it a powerful tool for achieving forex trading success. Additionally, its availability as a free download makes it accessible to all traders looking to improve their trading techniques and market analysis.

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Auto Supply and Demand Indicator MT4/MT5 FREE Download https://www.forexcracked.com/forex-indicator/auto-supply-and-demand-indicator-mt4-mt5-free-download/ https://www.forexcracked.com/forex-indicator/auto-supply-and-demand-indicator-mt4-mt5-free-download/#comments Mon, 15 Apr 2024 18:25:31 +0000 https://www.forexcracked.com/?p=136503 This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.

This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.

What are Supply and Demand?

Supply and demand are fundamental concepts in economics that describe the relationship between the availability of a product or service and the desire for it among consumers.

Supply refers to the quantity of a good or service that the market can offer. It is determined by factors such as production capacity, costs of production, and seller’s willingness to make the product available at various price points. Generally, as the price of a good increases, the supply also increases, as the higher price may justify the increased production cost for sellers.

Demand refers to the quantity of a product or service that consumers are willing and able to purchase at various prices. Demand is influenced by factors such as consumer preference, income levels, and price of related goods. Typically, as the price of an item falls, demand increases, assuming other factors remain constant. This inverse relationship between price and demand is a core principle in economic theory.

The interaction of supply and demand determines the market price and the quantity of goods that is traded in the market. When the market is in equilibrium, the quantity supplied equals the quantity demanded at a certain price level, leading to a stable market condition.

Auto Supply and Demand MT5 FREE Download ForexCracked.com

How Supply and Demand are Used in Forex Trading

In forex trading, the concepts of supply and demand are crucial for understanding currency price movements. Forex, or foreign exchange market, involves the trading of currencies and is primarily driven by the macroeconomic conditions that influence the supply and demand for a currency.

Supply in Forex: The supply of a currency can increase due to factors like central bank actions (e.g., printing more money), economic policies, and political stability. An increased supply of a currency can lead to its depreciation if not matched by an equal demand.

Demand in Forex: Demand for a currency is influenced by factors such as interest rate differentials between countries, economic growth rates, and foreign investment levels. Higher demand for a currency typically leads to appreciation of that currency.

Traders use supply and demand analysis to predict potential price zones where currency values are likely to change. These zones are identified by analyzing past price behaviors and market trends. When the price of a currency reaches a level where there is significant demand (demand zone), it may rise; similarly, when it reaches a level where there is ample supply (supply zone), it may fall. Traders use these zones along with other technical indicators to make trading decisions in hopes of capitalizing on these price movements.

Key Functions and Features of Auto Supply and Demand

The Auto Supply and Demand Forex Indicator is particularly noted for its effective visual representation of market dynamics. Here’s how it stands out:

  • Histogram Display: It shows potential supply (above the price in red) and demand (below the price in green) zones as histograms on the chart. This clear visual format helps traders quickly gauge market sentiment and potential price movements.
  • Volume Information: The height of the histogram bars varies according to the volume at a specific price level, offering insights into the strength of the supply and demand at these points.
  • Active/Inactive Levels: The indicator highlights the current relevance of supply and demand levels by showing inactive zones in lighter colors once the price breaks through these levels.
  • Customizable Color Schemes: Traders can personalize the visual appearance of the histograms with three pre-built color templates or create their own to suit different chart backgrounds.

The Algorithm Behind the Supply and Demand Indicator

The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:

  • ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
  • Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
  • Volume Assessment: The proximity of the price to these levels dictates the histogram’s volume, providing a quantitative measure of market interest and sentiment.

Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Practical Applications for Traders

The Supply and Demand MT4 Indicator is not just about data presentation; it’s a practical tool that enhances trading strategies through several applications:

  • Zone Identification: Traders can easily spot potential supply and demand zones, which are crucial for predicting market movements and placing orders.
  • Strength of Levels: By analyzing the volume data, traders can gauge the robustness of supply and demand at different price levels, aiding in making more informed trading decisions.
  • Price Reversals: These zones often act as support and resistance levels, which traders can use to anticipate price reversals or breakout opportunities.
  • Risk Management: Understanding supply and demand dynamics helps traders adjust their risk management strategies, optimizing stop-loss and take-profit settings based on current market conditions.

Forum(Mirror Download)

  • More Free Indicators by this Developer FXSSI
  • This Indicator is entirely free and without any restrictions, brought to you by the FXSSI Indicators

Conclusion

In summary, the Auto Supply and Demand Indicator for MT4 and MT5 is an essential tool that enhances trading strategies by clearly visualizing supply and demand zones through algorithms and volume assessments. With features like customizable histograms and active/inactive zone highlights, it equips traders with the insights needed to make informed decisions, manage risks, and capitalize on market movements efficiently. This Supply and Demand MT5 is a powerful asset for any Forex trader aiming to navigate the complexities of market dynamics confidently.

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Silver Trend Following Scalping Strategy for MT5 FREE Download https://www.forexcracked.com/forex-indicator/silver-trend-following-scalping-strategy-for-mt5-free-download/ https://www.forexcracked.com/forex-indicator/silver-trend-following-scalping-strategy-for-mt5-free-download/#respond Fri, 12 Apr 2024 17:48:08 +0000 https://www.forexcracked.com/?p=133865 Silver Trend Following Strategy is an MT5 Scalping Strategy that relies on two NON-Repainting indicators. It’s a strategy known for its fast trade execution and short holding periods, two precise indicators and a clear set of rules. This is where the Silver Trend Following Scalping Strategy shines, offering traders a systematic approach to making quick, trend-based trades with a high potential for profitability.

The strategy is built upon two main indicators that are key for identifying trading opportunities: the Silver Trend and a Star indicator. The Silver Trend indicator is configured to move very slowly, ensuring that it accurately captures the essence of the market trend without being swayed by minor fluctuations. This deliberate pacing allows traders to confirm the presence of a solid trend before making their move.

On the other hand, the Star indicator is set to react quickly, enabling traders to enter and exit trades at the most opportune moments. This combination of a slow-moving trend indicator with a fast timing indicator is what makes the Silver Trend Following Scalping Strategy uniquely effective.

This MT5 Trend Following Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

Silver Trend Strategy for MT5 FREE Download ForexCracked.com

This MT5 Forex Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

Silver Trend Strategy can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

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Trading Rules for this Scalping Strategy

Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using this MT5 Scalping Strategy.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

The strategy’s rules are straightforward, emphasizing quick entries and exits in line with the prevailing market trend. Here’s a breakdown of the key rules:

Buy Conditions

  • Silver Trend Indicator: Shows a green line, indicating an upward trend.
  • Pink Star Position: Appears below the candle, signaling an optimal entry point for a long position.

Sell Conditions

  • Silver Trend Indicator: Displays a red line, indicating a downward trend.
  • Pink Star Position: Appears above the candle, signaling an optimal entry point for a short position.

Exiting Positions

The strategy also includes clear guidelines for exiting positions, which is crucial for effectively locking in profits and managing risks. Traders are advised to place their initial stop loss just below or above the Silver Trend line, depending on the direction of their trade, or at the previous swing high/low. Positions should be exited when the Pink star changes direction or when the Silver Trend changes direction. However, to capitalize on fast profits, a stop-loss ratio ranging from 1.1 to 1:1.4 is recommended, varying with the market’s volatility.

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Conclusion of Trend Following Strategy

The Silver Trend Following Scalping Strategy offers a compelling approach for traders aiming to thrive in the fast-paced environment of day trading. By combining the steady, reliable insights of the Silver Trend indicator with the quick reflexes of a Star indicator, this strategy allows traders to make swift, informed decisions. As with any trading strategy, success comes with practice, discipline, and a keen understanding of the market’s movements. Whether applied in its pure form or adapted to fit individual trading styles, the Trend Following Strategy is a valuable tool for those looking to harness the power of market trends.

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Smart Money Concept Indicator [AIO Indicator] MT4/MT5 FREE Download https://www.forexcracked.com/forex-indicator/smart-money-concept-indicator-aio-indicator-free-download/ https://www.forexcracked.com/forex-indicator/smart-money-concept-indicator-aio-indicator-free-download/#comments Tue, 05 Mar 2024 18:08:55 +0000 https://www.forexcracked.com/?p=89029 The Smart Money Concept Indicator is an MT4 and MT5 AIO Indicator that Provides real-time insights into market structure, Order Blocks, Discount Zones, Equal Highs/Lows, and more. This SMC Indicator allows traders to automatically mark up their charts using widely recognized price action methodologies. A crucial advantage is having reliable and versatile tools that offer comprehensive market information.

The Smart Money Concepts (SMC) Indicator is a comprehensive tool designed for price action traders to navigate complex and fast-paced financial markets more accurately and efficiently.

Unpacking the concept of Smart Money Concepts, this term, despite its relatively recent introduction, has been quickly embraced by price action traders. The central idea is to strategically engage with liquidity, seeking more favorable points of interest within the market.

This SMC Indicator can be used on any Forex currency pair and other assets such as commodities, Cryptos, Binary Options, Stock markets, Indices, etc. You can also use it on any time frame that suits you best, from the 1-minutes to the Month charts.

This AIO Indicator isn’t a standalone trading indicator System. Still, it can be very useful for your trading as additional chart analysis, to find trade exit position(TP/SL), and more. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live. You can open a real or demo trading account with most Forex brokers.

Features of Smart Money Concept Indicator

The Core of Market Structure

The market structure provides the framework for identifying trend continuations and reversals. This structure is established through two key components – the Change of Character (CHoCH) and Break of Structure (BOS).

Change Of Character (CHoCH)

A Change of Character (CHoCH) denotes a potential market shift or reversal. This shift is identifiable when the price breaks a prior swing low during an uptrend (bullish CHoCH) or a prior swing high during a downtrend (bearish CHoCH). The SMC indicator classifies CHoCH into two types:

  1. Leading CHoCH: This variation is characterized by an absence of prior reversal signs, such as a failed higher high during an uptrend or a failed lower low during a downtrend.
  2. Supported CHoCH (CHoCH+): Unlike the leading CHoCH, the supported CHoCH comes with early warning signs of market reversal, like a failed higher high during an uptrend or a failed lower low during a downtrend.

Break Of Structure (BOS)

A Break of Structure (BOS), functioning as the converse of CHoCH, is identified when the price breaks a prior swing high during an uptrend (bullish BOS) or a prior swing low during a downtrend (bearish BOS). These structures usually follow a CHoCH, signifying not reversals but continuations of a trend. Therefore, it’s common to witness successive BOS during a trending market.

Smart Money Concept Indicator FREE Download ForexCracked.com

The Intricacies of Swing & Internal Structure

The Smart Money Concepts indicator brings to the table two discrete dimensions of market structure: Internal Structure and Swing Structure. Internal structures are derived from short-term swing highs/lows, while swing structures draw from longer-term ones. The indicator allows users to select the lookback for detecting swing points for both of these structures.

Equal Highs & Lows

The toolkit also pinpoints historical equal highs & lows constructed from very short-term swing points. These levels are valuable for predicting short-term reversals and upcoming market structures like CHoCH or BOS.

Strong/Weak Highs/Lows

The SMC indicator highlights maximum and minimum levels made from medium-term swings. These are dubbed Strong/Weak Highs/Lows. A relative percentage derived from the trading volume occurring on both swings determines whether a maximum or minimum level is strong or weak.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Another Indicator to Utilize Alongside SMC Indicator

Alongside the SMC Indicator, the MDZ Price Action Indicator is another efficient tool for MT4 and MT5 platforms. This versatile indicator provides valuable insights, including Key Levels, Trend lines, Ranges, Fibonacci retracements and end-of-trend markers, and Trading sessions.

The unique capabilities of the MDZ Price Action All-In-One Indicator include automatic trend line detection, making market trend visualization easier for traders. Its Range feature helps identify market ranges and potential breakout points, and the Fibonacci functionalities offer insights into potential reversal levels and trending move completions.

Overlaying trading sessions onto the chart, this indicator helps traders understand global market interactions and shifting market sentiment throughout the day. Like the Smart Money Concepts Indicator, the MDZ Price Action Indicator is a reliable and comprehensive tool that offers crucial market information for traders to navigate financial markets effectively.

Conclusion of this AIO Indicator

In conclusion, the AIO Indicator presents traders with a sophisticated, integrated, and user-friendly tool. By efficiently marking up their charts, traders can garner insights from market structures, swing points, and high/low patterns. This leads to enhanced decision-making capabilities, better risk management, and overall trading success.

This was sent to us by our group chat admin RP4000. So check out his indicators and EA on MQL5 and show some love for the RoyalPrinceTrading.

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Mastering Forex Trading with the Money Flow Index Reversal Strategy MT5 https://www.forexcracked.com/forex-indicator/money-flow-index-reversal-strategy-mt5/ https://www.forexcracked.com/forex-indicator/money-flow-index-reversal-strategy-mt5/#comments Mon, 26 Feb 2024 18:00:15 +0000 https://www.forexcracked.com/?p=130927 In the fast-paced world of forex trading, mastering effective strategies is paramount to success. The Money Flow Index Reversal Strategy MT5 is a proven technique. This strategy identifies overbought and oversold conditions using the Money Flow Index indicator with Bollinger Bands, offering traders entry opportunities during potential trend reversals. Let’s delve into the intricacies of this strategy and how to implement it effectively on the MT5 platform.

Configuration Money Flow Index Reversal Strategy MT5

Timeframe: Utilize a timeframe of 15 minutes or greater for optimal results.

Tradeable Assets: Primary forex pairs, secondary currency pairs, and indices offer ample opportunities for trading.

Money Flow Index Reversal Technique for MT5

Indicators on MetaTrader 5

  1. Money Flow Index (MFI): Helps identify overbought and oversold conditions in the market.
  2. Bollinger Bands (Periods: 22, Deviation: 2.0): Provides dynamic support and resistance levels.
  3. Directional Arrow Indicators: Utilize HMA nrp and Half Trend (2) for precise entry signals.

Trading Principles

  1. Follow the Trend: Always align your trades with the prevailing trend indicated by recent MFI movements.

Long Entry

  • Initiate Entry: Enter the market when the Money Flow Index enters the oversold zone, indicating potential buying opportunities.
  • Price Interaction with Bollinger Bands: Look for price contact or penetration of the lower Bollinger Band simultaneously with the MFI.
  • Entry Timing: Trigger your entry when the HMA directional indicator turns blue, signaling an opportune moment to buy.
  • Exit Strategy: Maintain your buying position until the Money Flow Index transitions into the overbought territory.
Money Flow Index Reversal

Short Entry

  • Enter the Market: Capitalize on selling opportunities as the Money Flow Index enters the overbought region.
  • Price Interaction with Bollinger Bands: Seek price contact or penetration of the upper Bollinger Band accompanied by the MFI.
  • Entry Timing: Initiate your sell order when the red HMA directional indicator indicates a favorable moment to sell.
  • Exit Strategy: Continue selling until the Money Flow Index approaches the oversold territory.
Money Flow Index Reversal Technique

Position Closure

  • Set Stop Loss: Establish an initial stop loss above or below the previous swing, high or low, to mitigate risks.
  • Profit Objective: Aim for the next directional arrow, target the mid-band of the Bollinger Bands, or adhere to a minimum stop loss ratio of 1:1.

Money Management Techniques

  • Oscar Grind: A conservative strategy focused on incremental gains to offset losses.
  • Kelly Formula: Utilizes probability theory to determine optimal position sizing based on risk and reward.
  • Aggressive D’Alembert: A more aggressive approach that increases stake sizes after a loss, aiming to recover quickly.

The Money Flow Index Reversal Strategy MT5

Read More Triple Confirmation MT5 Forex Strategy FREE Download

Conclusion

The Money Flow Index Reversal Technique for MT5 offers traders a proven and successful strategy for navigating the complexities of the forex market. By leveraging the MFI indicator alongside Bollinger Bands and directional arrow indicators, traders can identify prime entry opportunities during potential trend reversals. However, prudent risk management and sound money management principles are essential for long-term success. With diligence and practice, traders can harness the power of this strategy to achieve consistent profitability in their forex trading endeavors.

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Triple Confirmation MT5 Forex Strategy FREE Download https://www.forexcracked.com/forex-indicator/triple-confirmation-mt5-forex-strategy-free-download/ https://www.forexcracked.com/forex-indicator/triple-confirmation-mt5-forex-strategy-free-download/#comments Thu, 25 Jan 2024 19:27:42 +0000 https://www.forexcracked.com/?p=129454 Triple Confirmation Strategy is an MT5 Forex strategy that relies on price action momentum and multi-layer confirmation. This strategy, designed for the MetaTrader 5 platform, emphasizes the importance of volatility signals, trend momentum indicators, and the crucial role of support and resistance in determining trade entries.

At the heart of the Triple Confirmation strategy is a volatility arrow, which acts as the primary signal for potential trades. However, the uniqueness of this strategy lies in its requirement for three separate confirmations, ensuring that each trade is in harmony with the overall price action and market trend. This approach significantly enhances the reliability of the trading signals, aiming for high profitability, especially in highly volatile markets such as certain forex currency pairs and major cryptocurrencies.

This MT5 Forex Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

Main Chart of the Triple Confirmation Strategy

Triple Confirmation Strategy employs a set of specialized MT5 indicators, each contributing to the decision-making process:

  • Color Trend (Paint Bar): Visualizes the prevailing market trend, aiding in immediate recognition of market conditions.
  • Support and Resistance Zone: Identifies key areas where the price may experience significant pushback or breakthrough.
  • Spike Indicator: Provides the primary volatility arrow signal, indicating potential entry points.
  • Accelerator: Measures acceleration or deceleration of the market momentum.
  • Parabolic Sar: Helps in confirming the trend direction and potential reversals.
  • Awesome Oscillator: Evaluates the market momentum and confirms the strength of the trend.
Triple Confirmation Forex Strategy FREE Download ForexCracked.com

This MT5 Forex Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

Triple Confirmation Strategy can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Trading Rules for this MT5 Forex Strategy

Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using this MT5 Forex Strategy.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

Buy Entry

  • The price should be above the identified support zone.
  • The Spike indicator should display a Blue buy arrow.
  • Three out of the following confirmations must be met:
    • Parabolic Sar is positioned below the candle.
    • Color Trend indicates a Blue paint bar.
    • Awesome Oscillator shows a Green bar.
    • The Accelerator displays a Green bar.

Sell Entry

  • The price should be below the identified support zone.
  • The Spike indicator should display a Red sell arrow.
  • Three out of the following confirmations must be met:
    • Parabolic Sar is positioned above the bar.
    • Color Trend indicates a Red paint bar.
    • Awesome Oscillator shows a Red bar.
    • The Accelerator displays a Red bar.

Trade Exist

Setting an appropriate exit strategy is crucial. The initial stop loss should be placed just below or above the support and resistance zone, depending on the trade’s direction. Profit targets can be set with a minimum ratio stop loss of 1:1 or closed at the appearance of an opposite arrow from the Spike indicator.

For traders inclined towards more aggressive strategies, the combination of the Spike, Parabolic Sar, and one additional confirmation can also be effective, especially in trending markets. However, it’s worth noting that even with faster settings, indicators like the Parabolic Sar might occasionally lag behind the Awesome Oscillator and Accelerator.

Conclusion

The Triple Confirmation Strategy offers a structured and layered approach to trading, significantly enhancing the probability of successful trades. By requiring multiple confirmations and aligning with the overall price action, it provides a disciplined framework for traders aiming to navigate the volatile forex landscapes. As with any MT5 Forex Strategy, it’s crucial for traders to backtest and adapt the approach to their individual risk tolerance and trading style.

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Ribbon Explosion Trend Momentum Strategy for MT5 FREE Download https://www.forexcracked.com/forex-indicator/ribbon-explosion-trend-momentum-strategy-for-mt5-free-download/ https://www.forexcracked.com/forex-indicator/ribbon-explosion-trend-momentum-strategy-for-mt5-free-download/#comments Tue, 26 Dec 2023 21:05:04 +0000 https://www.forexcracked.com/?p=128194 Ribbon Explosion Strategy is a Trend Momentum Strategy for MT5 that is free to download. This strategy’s core lies in its filter system, designed to sieve out as many false signals as possible, allowing traders to engage only with strong, trend-confirming trades.

At its heart, the strategy employs a set of indicators that self-filter, combining the elements of trend determination and momentum measurement. These indicators work together to create a visual “ribbon” of moving averages or similar trend lines, which expand during periods of strong trend and contract during market consolidation, hence the term “Ribbon Explosion.” Traders look for moments when this ribbon widens, indicating a strong trend, and then apply momentum indicators to ensure the movement’s strength and direction are reliable.

The purpose of the Ribbon Explosion is straightforward: to keep the trader aligned with the market trend while avoiding the noise and false signals that can lead to losses. By operating only in trend, the strategy aims to increase the probability of successful trades, which translates into a higher ratio of profitable operations.

In the Ribbon Explosion Strategy, the filter system is designed explicitly around trading in the direction of the main trend. The strategy dictates the price above/below the ribbon cloud, indicates an overall bullish/bearish market. A MACD and the PTL further confirm this. These conditions together provide a strong, multi-layered confirmation for entering a trade.

This trend momentum strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

Main Chart of the Ribbon Explosion Strategy

The ribbon explosion strategy core involves a set of specific indicators that together form a robust filter system for entry signals:

  1. Ribbon Cloud: This visual represents multiple moving averages forming a cloud/ribbon on the chart. When the price is above this ribbon cloud, it’s considered a bullish signal; when it is below the ribbon cloud, it’s seen as bearish.
  2. MACD: The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs). It is used in a color-coded format, where a green bar suggests bullish momentum and a red bar indicates bearish momentum. This provides a clear visual cue for the trader regarding the current momentum and trend of the market.
  3. Trix Oscillator: The Triple Exponential Moving Average (TRIX) is a powerful technical analysis tool designed to help traders determine the momentum of a price and identify overbought and oversold conditions in an underlying financial asset. Here, it is used for its signal arrows – a buy arrow to indicate upward momentum and a sell arrow for downward momentum. It acts as a confirmation for the trade direction, ensuring that the trend is in favor and the short-term momentum.
  4. PTL Indicator: The Perfect Trend indicator (PTL) displays points on the chart along with trend lines. These points act as entry and exit points. The dots consist of two colors: Red and Blue. When a Red dot appears, it is a sell signal, while a blue dot indicates a buy signal. Blue indicates bullish momentum, and Red indicates bearish momentum.
Ribbon Explosion Strategy FREE Download ForexCracked.com

The Ribbon Explosion Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

This strategy for MT5 can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Trading Rules for this Trend Momentum Strategy

Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using this Trend Momentum Strategy.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

  • Trade only in the direction of the main trend: This is determined by the 200-period Exponential Moving Average (EMA). If the price is above the 200 EMA, the overall trend is considered up, and only buy trades are recommended. Conversely, if the price is below the 200 EMA, the trend is down, and traders should look for sell opportunities.

Buy Entry

  • Price above ribbon cloud: Indicates that the immediate trend is also bullish.
  • MACD Color green bar: Suggests that the momentum favors buying.
  • Trix oscillator blue buy arrow: Provides a specific buy signal.
  • PTL blue buy direction below the price: Further confirms the bullish trend.

Sell Entry

  • Price below ribbon cloud: Indicates that the immediate trend is also bearish.
  • MACD Color red bar: Suggests that the momentum favors selling.
  • Trix oscillator red sell arrow: Provides a specific sell signal.
  • PTL red sell direction above the price: Further confirms the bearish trend.

Trade Exist

  • Place initial stop loss below/above the previous swing high/low: This helps protect the trade against sudden market reversals.
  • Make profit at opposite PTL signal: Traders are advised to close the position when the PTL indicates a trend reversal.
  • Make a profit when the price closes below/above the cloud ribbon: This suggests that the immediate trend is weakening and might be a good time to take profits.

Conclusion of this Strategy for MT5

In conclusion, this strategy for MT5 offers a sophisticated yet accessible approach for those looking to trade trends in the forex market. With its focus on trend and momentum indicators and a filter system, it aims to increase the frequency of profitable trades while minimizing exposure to false signals. However, as with all trading strategies, it requires practice, patience, and a good understanding of the market dynamics to be used effectively.

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Moving Average Crossover Arrows Indicator MT5 FREE Download https://www.forexcracked.com/forex-indicator/moving-average-crossover-arrows-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/moving-average-crossover-arrows-indicator-mt5-free-download/#comments Wed, 20 Dec 2023 19:30:15 +0000 https://www.forexcracked.com/?p=127900 The MA Crossover Arrows Indicator is a non-repainting tool for MT5. This indicator is particularly designed to assist traders in recognizing potential buy and sell signals through moving average crossovers.

The core function of the Moving Average Crossover Arrows Indicator is to draw arrows and provide alerts when two moving averages intersect. A key feature that sets it apart is its non-repainting arrows. This means once an arrow is placed on the chart, it remains fixed, ensuring the dependability of these visual cues.

Recognizing the varied needs of traders, this indicator offers a degree of customization:

  • Moving Average Parameters: Users can adjust the period, method, and price according to their trading style and analysis requirements.
  • Arrow Customization: The color and size of the arrows can be modified in the “Colors” tab under the indicator settings, enhancing the visual appeal and clarity.
  • Moving Average Methods:
    • Simple
    • Exponential
    • Smoothed
    • Linear Weighted
  • Price Types:
    • Close
    • Open
    • High
    • Low
    • Median Price (HL/2)
    • Typical Price (HLC/3)
    • Weighted Close (HLCC/4)

This MA Crossover Indicator isn’t a standalone trading indicator System. Still, it can be very useful for your trading as additional chart analysis, to find trade exit position(TP/SL), and more. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live. You can open a real or demo trading account with most Forex brokers.

Crossover Arrows Indicator FREE Download ForexCracked.com

The backbone of this indicator is its well-structured code, which incorporates helper functions like IsNewCandle and GetTimeFrame. These functions contribute to the efficiency and responsiveness of the indicator, making it a robust tool for real-time trading analysis.

To further assist traders, the MA Crossover Arrows Indicator includes a notification feature. Users can customize notifications for MT5 Platform Push-Ups, E-Mail, and Mobile Push Notifications, ensuring they don’t miss crucial trading signals.

This moving average crossover indicator can be used on any Forex currency pair and other assets such as commodities, cryptos, binary options, stock markets, indices, etc. You can also use it on any time frame that suits you best, from the 1-minute to the monthly charts.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Visual Cues of Crossover Arrows Indicator

  • Blue Up Arrow: Signals a bullish trend when the fast-moving average crosses above the slow-moving average.
  • Red Down Arrow: Indicates a bearish trend when the fast-moving average crosses below the slow-moving average.

Moving Average Crossover Arrows Indicator MT5, developed by an FXCracked – Group Chat admin RoyalPrinceTrading. You can download it for free from the MQL5 website using the above button. Don’t forget to explore other indicators and EAs from RoyalPrinceTrading by visiting his website and showing your support.

Conclusion of MA Crossover Indicator

The MA Crossover Arrows Indicator represents a blend of simplicity, customization, and efficiency. Its ability to provide reliable, non-repainting visual cues, customization options, and convenient notification features make it a valuable asset for traders aiming to enhance their analysis and decision-making processes in the dynamic world of trading.

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Point Zero Bollinger Trend Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/point-zero-bollinger-trend-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/point-zero-bollinger-trend-forex-indicator-mt5-free-download/#comments Thu, 02 Nov 2023 17:51:19 +0000 https://www.forexcracked.com/?p=123614 The Point Zero Bollinger trend forex indicator is a simple MT5 indicator for determining the direction of a trend.

The indicator follows the principles of traditional Bollinger Bands. It uses standard deviation and moving averages to plot the trend.

Instead of creating three bands on the chart, the PZ Bollinger trend forex indicator only displays wave patterns. These wave patterns suggest uptrends and downtrends.

The indicator works best on all timeframes, but traders should use it on higher timeframes to reduce false signals.

Point Zero Bollinger Trend Forex Indicator BUY/SELL signals

Point Zero Bollinger Trend Forex Indicator MT5 Free Download

The EURUSD H1 chart above shows the BUY and SELL signals for the indicator. To identify BUY and SELL signals, traders need blue and red wave patterns. The indicator draws a blue wave when there is an uptrend. Here, traders can open long positions.

Conversely, traders may enter short positions when the indicator draws a red wave pattern. It is better to wait for the full development of the model and enter the trade. Traders can also apply other indicators to confirm the signal further.

How to read Bollinger Bands?

Traders can read the indicator by looking at wave patterns. If there is a red wave, then the general trend is down. Conversely, if the wave is blue, the overall trend is up.

Which indicator works best with Bollinger Bands?

Some oscillators work best with an indicator. Traders can use RSI or MACD to create a combination of trend-following indicators.

Conclusion

The Point Zero Bollinger trend indicator displays ascending and descending wave patterns on the chart. It works differently than the traditional Bollinger Bands indicator, and traders can quickly determine the general direction. In addition, you can download the indicator for free on our website.

Point Zero Bollinger Trend Forex Indicator MT5 Free Download

Read More Advanced Bollinger Bands Forex Indicator MT4 Free Download

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Money Management Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/money-management-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/money-management-forex-indicator-mt5-free-download/#respond Mon, 30 Oct 2023 17:40:39 +0000 https://www.forexcracked.com/?p=123220 Traders are always looking for trading tools that will make their trading easy. While numerous technical indicators provide buy and sell signals, only a few help you size positions, money management, and manage risk. Risk management includes determining the maximum potential loss. This way, you avoid taking too much risk on your trading capital and ruining your account. While you can manually calculate your ideal trading position size, sometimes you must execute a trade faster, especially when scalping. This is where the free download Money Management for MT5 comes in handy.

It calculates the ideal position size based on your account balance, risk tolerance, currency pair, and other information on the MT5 platform. Then, he sets the ideal stop-loss level. You don’t need to go back to charts to perform calculations.

You can see the stop loss, position size, and other information on the bar at the top left of the trading charts. The indicator can be used when trading all instruments and currency pairs.

How to Use The Pip Calculator Indicator for MT5

Using the indicator is quite simple. Start by downloading the indicator for free on our website. Just run the indicator, and voila!

It automatically calculates the value of ATR and Stop-Loss. It is also the risk percentage, stop loss level, and position size for your balance. This means that you see the amount that you risk losing if the trade does not go according to your scenario. By default, the indicator sets the risk at 1%. However, you can change your risk tolerance and position size. If your risk appetite is 2%, change the risk percentage or risk amount (the amount of money you are willing to risk).

Real Trade Example

Money Management Forex Indicator MT5 Free Download (1)

The chart shows the movement of the price of AUD against JPY. The bar shows the risk money and position size at the bottom left of the price chart. For example, the position size on this demo account is 0.82 lots. The risk money is $50 of the $5,000 account balance, 1% of the total account balance.

The indicator has set a stop loss below the entry-level, which indicates a buy signal. The entry-level is 93.567, and the stop loss is 93.399, which means a risk tolerance of 168 points.

You only need to fill in this information, and you are done. You can use the 1:3 risk reward to set your take profit level. Using a trailing stop can help you lock in more profits.

Conclusion

The money management indicator takes your trading to the next level by adding risk management to your strategy. It determines the appropriate position size and stop loss level. This way, you trade safely and avoid losing your account. This helps to avoid over-trading, especially for beginner traders. Auto position sizing helps you trade efficiently and quickly without risking your account. This is a technical tool that you must have.

Money Management Forex Indicator MT5 Free Download

Read more Top Money Management Tips for Forex Traders

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Xmaster Formula Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/xmaster-formula-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/xmaster-formula-forex-indicator-mt5-free-download/#comments Sat, 09 Sep 2023 17:53:42 +0000 https://www.forexcracked.com/?p=118207 The Xmaster Formula forex indicator for MT5 has a complex mechanism that combines moving averages, RSI, and MACD behind the scenes. But the result is a clear trade signal with BULLISH and BEARISH trend signals.

The indicator best suits new and advanced technical forex traders using any trend-following trading strategy. The indicator works well on all timeframes of intraday charts, as well as daily, weekly, and monthly charts. In addition, the Forex indicator is free to download and easy to install.

Xmaster Formula Forex Indicator For MT5 Trading Signals

Xmaster Formula Forex Indicator MT5 Free Download

The above EURUSD H1 chart shows the Xmaster formula forex indicator for MT5 in action. The indicator is placed in a separate window under the price chart. It displays BULLISH signals as a GREEN and BEARISH signals as a RED dotted line.

For best results, open a long trade when a green dotted line appears going up, indicating a strong up move. The best stop loss for this position is the previous swing low. It would help to place your take profit when the line changes direction or the red dotted line appears.

You can open a short position for a sell trade when a red dotted line appears going down. The best stop loss for this position is the previous swing high. Close this position when the line changes direction or the green dotted line appears.

The Xmaster Formula Indicator is a trend-following indicator, so it provides the best results if forex traders can trade using multiple time frames. It is in the trader’s interest to follow the trend direction of the higher time frame and determine the best entry point on the lower time frame chart.

Conclusion

The Xmaster Formula Indicator For MT5 is a trend-following indicator, providing the best results for those who follow the trend. The simplicity of the indicator with colored dots helps every trader look for less cluttered price charts. However, it would help to consider the proximity of BUY and SELL arrow trading signals to any established trend lines, support or resistance zones, and channels. Moreover, forex traders can download the indicator for free and install it easily.

Xmaster Formula Forex Indicator MT5 Free Download

Read More FireStorm Odin EA V3 FREE Download

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Waddah Attar Explosion Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/waddah-attar-explosion-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/waddah-attar-explosion-forex-indicator-mt5-free-download/#comments Wed, 06 Sep 2023 18:23:47 +0000 https://www.forexcracked.com/?p=117271 The Waddah Attar Explosion Indicator for MT5 is a trend-following indicator that shows the trend’s strength and the explosion’s power (momentum). It shows the trend’s direction by changing the histogram’s colors. When the trend is up, it changes to green, and red bars indicate a bearish trend move. The indicator also draws an explosion signal line that acts as a momentum threshold. You can use the indicator to trade any currency pair on all timeframes.

How to Use the Waddah Attar Explosion Indicator

Using the Waddah Attar Explosion Indicator for MT5 – Free Download – is quite simple. Just check the color of the histogram to determine the direction of the trend and the threshold signal line to determine the trend‘s momentum.

Buy Signal Setup

  • Buy trade is signaled by progressive long green histograms
  • Enter the trade when the histogram crosses the threshold line
  • Set the stop loss below the entry candle
  • Exit when the histograms change color from blue to red

Sell Signal

  • A downtrend signal occurs when the indicator forms progressive long red histograms.
  • Enter a short position when the red histograms cross the threshold signal line
  • Place the stop loss above the entry candle. Exit when the histogram changes color to green.

During a strong trend, the threshold moves up and down. You must avoid trading if the threshold line is flat and the histograms are below that line.

Chart Example Waddah Attar Explosion Indicator

Waddah Attar Explosion Forex Indicator MT5 Free Download

The chart above shows the price movement for the EURO against the Japanese Yen. During a strong uptrend, the indicator forms long green histograms that break out above the threshold line. Similarly, during a strong downtrend, the indicator forms long red histograms, superseding the threshold line.

Promotion:

The threshold line is flat during a ranging market, and the histogram is below the threshold line, as shown in the chart. This signifies market indecision, and staying away from the market and waiting for a reasonable time is prudent.

Conclusion

The Waddah Attar Explosion Indicator is an excellent indicator for providing trade entry signals. Some traders endear it because it provides signals based on momentum and trend. That said, you should use it as part of the trading strategy to enhance the price action analysis and other strategies.

Waddah Attar Explosion Forex Indicator MT5 Free Download

Read More 3 Tier London Breakout Forex Indicator MT4 Free Download

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Super Currency Strength Meter Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/super-currency-strength-meter-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/super-currency-strength-meter-forex-indicator-mt5-free-download/#comments Mon, 28 Aug 2023 17:37:40 +0000 https://www.forexcracked.com/?p=95166 Currency Strength Meter Indicator for MT5 shows the strength of individual currencies by tracking their performance against all other currencies. As a result, the indicator displays the strength of each currency in the form of colored bars, as well as a numerical value in percentage.

This way, forex traders can quickly identify BULL and BEAR currencies and form the best currency pair to trade. By combining the strongest currency with the weakest and constantly monitoring its strength, technical traders can manage the trend using a trend-following strategy.

The indicator works well for both beginners and experienced forex traders. New traders can visually identify BULLISH and BEARISH currency trends and their strengths.

In addition, the indicator is free to download and easy to install.

Currency Strength Meter indicator for MT5 trading setup

The below GBPNZD H1 chart shows the currency strength meter indicator for MT5 in action. The indicator displays a counter in the lower left corner of the chart. Moreover, a green or red arrow is displayed when the currency strength changes, depending on the direction.

Super Currency Strength Meter Forex Indicator MT5 Free Download

Forex traders can use this forex indicator to determine the strength of one currency against another and determine the strength of an individual currency. This way, you can pair the strongest currency with the weakest one and BUY or SELL accordingly. Since a higher currency value indicates a major BULLISH market trend, a lower value indicates a major BEAR price trend.

On the other hand, a decrease in the strength value indicates that the currency is losing its strength. Thus, forex traders can exit the transaction or partially take profits. But if the currency’s strength continues to hold, traders can hold the position and move with the trend until the currency shows weakness.

The indicator works on the principle that if one currency gains BULLISH dynamics, then some other currency gains BEAR. Thus, forex traders can BUY or SELL currency pairs after determining a strong and weak currency and pitting them against each other.

The indicator works well on all intraday timeframes and daily, weekly, and monthly charts. Thus, forex traders can use this indicator to identify the trend in a higher time frame to choose the best entry and exit point in a lower time frame. So, the indicator is used for trading using a multi-time frame (MTF).

Conclusion

Currency Strength Meter for MT5 provides trading signals using colors. However, trading signals give the best results if the price bounces off support, resistance, or channels. Moreover, forex technical traders can trade trading signals with other trend indicators. In addition, forex traders can download the indicator for free and install it easily.

Super Currency Strength Meter Forex Indicator MT5 Free Download

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Trend Scalp Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/trend-scalp-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/trend-scalp-forex-indicator-mt5-free-download/#respond Wed, 16 Aug 2023 18:19:29 +0000 https://www.forexcracked.com/?p=92131 The Trend Scalp Forex indicator is an open-source intraday trading tool for Forex and stocks developed for the MT5 platform. It consists of the popular T3 forex indicator. The indicator generates simple charts of short-term market trend changes that allow beginners to anticipate intraday trading opportunities like the pros.

From a technical standpoint, the Trend Scalp indicator is best known for smoothing out uncertain spikes during choppy and overly volatile market conditions. Most traders predominantly suffer from occasionally switching price trend patterns during day trading. Thus, before opening an order, the trader must be aware of the momentum’s stability and the price trend’s exact direction.

Launching the Trend Scalp indicator in your MetaTrader 5 will automatically start tracking the trend changes in your favorite financial assets.

This guide explains using the Trend Scalp indicator to evaluate profitable trade setups on the MT5 platforms.

How to use Trend Scalp Indicator in MT5 for determining precise trend signals

Trend Scalp Forex Indicator MT5 Free Download

Since it was built based on T3 Smoothed Moving Average, besides signaling the market trend, it also identifies the overbought and oversold conditions of the market.

As you can see on the chart, the appearance of an orange line with a negative indicator value means that the market is in a state of oversold. On the other hand, a blue line with a positive value will indicate that the market is overbought.

The market trend is determined based on the positive or negative value of the indicator.

As a trader, you should go long when the market turns bullish from an oversold state and go short when the market turns bearish after an overbought signal.

Buy Trade

  • The orange color line ends below the neutral level of the forex indicator.
  • The forex indicator value becomes positive
  • Open a long trade(buy) when the above conditions are met
  • Set your stop loss(SL) below the current market low
  • Exit long/take profit(TP) whenever the indicator value goes negative

Sell Trade

  • The blue line ends above the neutral level of the forex indicator.
  • The forex indicator value becomes negative
  • Open a short trade(sell) when the above conditions are met
  • Set your stop loss(SL) above the current market high
  • Exit short/take profit(TP) whenever the indicator value goes positive

Conclusion

The Trend Scalp indicator can transform simple moving average data into super trend reversal signals. Moreover, it’s perfect for any Forex or stock trend-following trading strategy on the MT5 platform. If you have an existing trading system that you want to upgrade, the Trend Scalp indicator can be the perfect merge option. In addition, it gives excellent results when used in conjunction with support/resistance and moving average indicators.

Trend Scalp Forex Indicator MT5 Free Download

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Harmonic Pattern Finder Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/harmonic-pattern-finder-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/harmonic-pattern-finder-forex-indicator-mt5-free-download/#respond Thu, 10 Aug 2023 18:32:08 +0000 https://www.forexcracked.com/?p=91458 There are many patterns on the market. But harmonic patterns are popular because they provide very accurate and profitable patterns. Essentially, harmonic patterns use the Fibonacci proportions of a geometric formation to identify areas of interest—pivot and continuation points that offer good buy and sell signals. You can use the Harmonic Pattern Finder for the MT5 indicator to predict price action.

However, identifying this pattern with the naked eye is a difficult task. Besides, drawing patterns is hard work. You must be precise when drawing the Fibonacci level. The pattern may seem similar, but different Fibonacci levels form it. This is where the Harmonic Pattern Finder indicator comes in. It scans the chart and identifies patterns. Then he depicts the name on the right side.

Unlike other indicators, the Harmonic Pattern Finder predicts stop loss and captures profit points. You can use the indicator to trade both long-term and short-term positions.

How to Identify Trade

The indicator uses the vital Fibonacci numbers to determine the pattern. It identifies and draws various patterns on the chart, including;

  • Bat models
  • Butterfly patterns
  • Crab models
  • ABCD patterns
  • Gartley Templates

Example of trading with the Harmonic Pattern Finder

Harmonic Pattern Finder Forex Indicator MT5 Free Download

The chart shows the change in the price of the euro against the US dollar over 4 hours. The indicator identifies the shark pattern and highlights it in blue. The indicator gives excellent trading signals after the patterns are fully formed, as shown in the figure.

You should wait for the pattern to form and enter at the right time. Once the pattern is mature and fully formed, jump into the trade. Notice how the market moved over 300 pips after the pattern appeared.

However, you can still trade when the pattern is still in the making. Because harmonic patterns use exact Fibonacci values, you can trade in different areas to catch small ups and downs.

Conclusion

Harmonic patterns are one of the most profitable patterns in Forex trading. However, drawing a pattern is quite an exciting activity, especially considering they are uncommon. This means that Fibonacci must accurately draw the pattern, ensuring that the Fibonacci ratios are accurate. Thanks, the indicator identifies patterns. You only need to wait for the pattern to form and fully enter the trend reversal direction.

Harmonic Pattern Finder Forex Indicator MT5 Free Download

Read More Stochastic Divergence Indicator FREE Download

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Big Bull MT5 Trend Following Strategy FREE Download https://www.forexcracked.com/forex-indicator/big-bull-mt5-trend-following-strategy-free-download/ https://www.forexcracked.com/forex-indicator/big-bull-mt5-trend-following-strategy-free-download/#comments Wed, 09 Aug 2023 18:40:36 +0000 https://www.forexcracked.com/?p=91420 Big Bull System is a Trend Following Strategy for MT5 that is free to download. What makes this MT5 Trend Following system special is its combination of trend-following techniques with the supply and demand indicator. In this article, we will delve deep into its mechanics and its suitability for different types of traders.

The Super Big Bull Strategy emphasizes trading in the direction of the trend while simultaneously taking into account critical levels of support and resistance. By integrating these aspects, traders get a more holistic view of the market, which can lead to more informed trading decisions.

Whether you’re just starting out or have years of experience, this strategy is flexible and intuitive enough for traders of all levels.

Indicators Used in this Trend Following Strategy

The system uses several indicators, including the BIGBULL CANDLES, BIGBULL PTL, BIGBULL Ribbons, BIGBULL JMA, BIGBULL BARS, BIGBULL DOT, BIGBULL Histogram, and the supply and demand indicator. These indicators work together to help traders discern the correct market direction near support and resistance zones.

These are the main indicators used in this Trend Following Strategy to determine entries. But the system does come with an additional indicator, so you can experiment with filtering the signals further.

  1. EMA (50 and 200 Exponential Moving Average, Close): A widely used tool to determine the strength and direction of the trend.
  2. BIGBULL CANDLES: This modifies the chart candle colors to resonate with the moving average convergence divergence, providing visual ease to identify potential market trends.
  3. BIGBULL PTL (Perfect Trend Line Indicator): A reflection of the highest high and lowest low over two different periods. Based on these values, a subsequent trend is derived, helping traders identify potential breakout or breakdown scenarios.
  4. BIGBULL Ribbons: This innovative tool uses the “speed” attribute of the EMA variation indicator to construct a ribbon, thus facilitating the identification of potential crossovers without modifying the calculation period.
  5. BIGBULL JMA: A unique aspect of the Jurik Moving Average (JMA) is its adaptive nature, meaning it adjusts according to market volatility. The Super Big Bull Strategy adds another layer of adaptability by incorporating the Average True Range (ATR). This double adaptation, especially during high volatility periods, provides traders with a more responsive tool to market changes.

This Big Bull System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

MT5 Trend Following Strategy FREE Download ForexCracked.com

The Trend Following Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

MT5 Trend Following Trading System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, But it works best on M5, M15, and M30.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Trading Rules for Big Bull System

Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using this Big Bull System.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

Buy Entry

  • Support Bounce: Ensure the price is bouncing off a support level. This suggests potential upward momentum as demand exceeds supply at these levels.
  • PLT Signal: Wait for the PLT to display a GREEN buy dot, indicating bullishness.
  • Ribbon Confirmation: Ribbon 1 should be above Ribbon 2. This shows that the short-term momentum is bullish compared to the longer-term momentum.
  • ATR JMA Indicator: Ensure the ATR JMA displays a GREEN line, which signifies bullish market conditions.
  • BIGBULL Bar Confirmation: The BIGBULL Bar value should be greater than 0, confirming the bullish sentiment.

Sell Entry

  • Resistance Bounce: Observe if the price bounces off a resistance level. This indicates potential downward momentum, as supply is exceeding demand at these levels.
  • PLT Signal: The PLT should exhibit a RED sell dot, indicating bearishness.
  • Ribbon Confirmation: Ribbon 1 should be below Ribbon 2. This means the short-term momentum is bearish compared to the longer-term momentum.
  • ATR JMA Indicator: The ATR JMA should have a RED line, signifying bearish market conditions.
  • BIGBULL Bar Confirmation: The BIGBULL Bar value should be less than 0, reaffirming the bearish sentiment.

Trade Exist

Exiting a trade is just as important as entering one. It’s crucial to know when to take profits or cut losses to maintain a profitable trading strategy.

  1. Stop Loss Placement: Initially, place the stop loss just above (for sell trades) or below (for buy trades) the support or resistance zone. This ensures you’re out of the trade if the market goes against your position.
  2. Profit Targets:
    • Opposite Zone: Book profits before the price reaches the opposite zone (i.e., before reaching resistance in a buy trade or support in a sell trade).
    • Risk-to-Reward Ratio: Aim for a profit target that gives you a risk-to-reward ratio of 1:1.7. This ensures that you’re earning more than you’re risking.
    • Ribbon Change: If Ribbon 1 changes its direction, consider it a signal to book profits.

Conclusion of MT5 Trend Following System

This MT5 Trend Following System offers a balanced mix of trend identification, momentum detection, and crucial market levels’ recognition. Its multi-faceted approach, combining various technical indicators, gives traders a comprehensive tool to navigate the markets confidently.

However, like any strategy, it’s essential to back-test, practice, and understand the nuances before committing to real capital. Every trader’s risk appetite and trading style are different, so it’s crucial to adapt the strategy to one’s own trading preferences and not rely solely on any single method. Happy trading!

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Mod ATR Trailing Stop Forex Indicator MT5 Free Download https://www.forexcracked.com/forex-indicator/mod-atr-trailing-stop-forex-indicator-mt5-free-download/ https://www.forexcracked.com/forex-indicator/mod-atr-trailing-stop-forex-indicator-mt5-free-download/#respond Tue, 18 Jul 2023 16:44:55 +0000 https://www.forexcracked.com/?p=89792 Successful forex traders master placing a stop loss at the best prices. There are many calculators for stop loss. The Mod ATR Trailing Stop Indicator for MT5 is the best indicator that uses the Average True Range to calculate the volatility and provides forex traders with the best possible trailing stop loss.

Forex traders can use the Mod ATR Trailing Stop Indicator for MT5 to understand the trend and volatility and to identify entry and exit points.

Average True Range–based trailing stops are the best stop loss, so they are used in many auto trading or EA-based trading software as a stop loss calculator.

How To Use Mod ATR Trailing Stop Metatrader 5 Indicator

Mod ATR Trailing Stop Forex Indicator MT5 Free Download

The above AUDJPY H1 chart shows the Mod ATR Trailing Stop Indicator. The indicator displays the trailing stop levels above the current price in RED color for SELL positions. On the other hand, the indicator places the stop levels below the price in GREEN color for BUY positions.

Many traders use the Average True Range to identify and follow the trend until the opposite trend emerges. For example, the trader in a BUY position will continue to hold the position until the Average True Range Trailing Stop Loss MT5 indicator changes to RED color. In this case, the forex trader can ride the trend until the end.

Traders use the Mod ATR Trailing Stop Loss indicator to find entry and exit points, as the ATR is the best volatility calculator. Forex traders tend to BUY once the indicator changes to GREEN color. Oppositely, they SELL as the indicator changes to RED color. However, combining the signals with other technical indicators and price action is recommended to confirm the entry points.

New forex traders will highly appreciate this indicator as it provides a snapshot of market volatility. Also, the Mod ATR Trailing Stop Indicator for MT5 provides them with the best stop loss point. Experienced forex traders use this indicator to identify trailing stops, trend direction, and entry and exit points, combine them with other technical strategies, and use the multiplier to find the best indicator settings.

Conclusion

The Mod ATR Trailing Stop loss indicator for MT5 is an essential tool for all types of forex traders. Because the Average True Range based stop loss provides the best stop loss and allows the market to accommodate the volatility. However, simultaneously, the indicator provides a trailing stop loss to protect the position. Forex traders should test with various indicator settings for each currency pair as the volatility differs with every currency pair.

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Read More Power Trend MT4 Forex Indicator Free Download

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Pattern Recognition Master MT4 MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/pattern-recognition-master-mt4-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/pattern-recognition-master-mt4-forex-indicator-free-download/#respond Wed, 28 Jun 2023 17:57:22 +0000 https://www.forexcracked.com/?p=88583 There are many candlestick patterns in forex. It’s one thing to recognize them in theory and textbooks. But they don’t always look as perfect on live forex charts. If only there were an indicator that helps to identify candlestick patterns on the live charts.

There is. It is the Pattern Recognition Master indicator.

Pattern Recognition Master Indicator

The pattern recognition master indicator tells you what candlestick patterns are on your charts in real-time. It displays these details by placing letters on new candlestick patterns as they form. And on the top left corner of the chart, the indicator shows what each letter stands for. For instance, S_E stands for a bearish engulfing candlestick pattern on the indicator, and L_E stands for a bullish engulfing candlestick pattern.

How Do You Use Indicators?

The pattern recognition master indicator displays candlestick patterns on the Forex chart. So, the best way to use the indicator is to know how to use the individual candlestick patterns in your forex trading.

It is also essential that a trader does not use this indicator in isolation. But instead, combine the indicator with other forex market structures and indicators to get a better idea of the direction of a currency pair. For instance, a hammer candlestick pattern, which often signifies an uptrend, may appear in a significant downtrend. Entering a buy order in a bearish market trend is risky, as you would be trading against the trend.

Pattern Recognition Master MT4 Forex Indicator Free Download

So, to enter a bullish trade after a bullish engulfing candlestick, a trader must first confirm that the market is on an uptrend. For an ideal situation, other forex trading tools, such as indicators and market structures like resistances and supports, must confirm the trade. However, this rarely happens in forex, so you must follow the rules to enter your trades.

Who is the Pattern Recognition Master Indicator Best For?

Anyone who uses forex candlestick patterns in their trading would find pattern recognition a helpful indicator. The good thing about forex candlestick patterns is that anyone can trade them, irrespective of their trading style or timeframe. And by extension, any forex trader can use the forex candlestick patterns.

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MDZ Price Action All-in-One Indicator MT4/MT5 FREE Download https://www.forexcracked.com/forex-indicator/mdz-price-action-all-in-one-indicator-mt4-mt5-free-download/ https://www.forexcracked.com/forex-indicator/mdz-price-action-all-in-one-indicator-mt4-mt5-free-download/#comments Sun, 28 May 2023 18:50:23 +0000 https://www.forexcracked.com/?p=87225 The MDZ Price Action Indicator is an MT4/MT5 All-in-One Indicator that plots a lot of information. Such as Key level, Trend line, Range, Fibonacci retracement, Fibonacci end of a trend, Trading session, and more. A crucial advantage is having reliable and versatile tools that offer comprehensive market information.

The MDZ Price Action Indicator is one such tool designed to equip traders with a wealth of market insights for making informed trading decisions. This universal indicator is compatible across various timeframes and trading assets. Its robust ability to display several types of levels provides a notable edge in analyzing market conditions and pinpointing optimal entry points. This article delves into the key features and benefits of the MDZ Price Action Indicator and outlines how to incorporate it into your trading strategy.

The AIO Forex Indicator offers a high degree of customization, letting traders modify the visualization of required levels and enabling or disabling their display according to their preferences. This flexibility ensures that traders can adjust the indicator to match their trading styles and strategies.

This MDZ Price Action MT5 can be used on any Forex currency pair and other assets such as commodities, Cryptos, Binary Options, Stock markets, Indices, etc. You can also use it on any time frame that suits you best, from the 1-minutes to the Month charts.

The All-in-One Indicator isn’t a standalone trading indicator System, But it can be very useful for your trading as additional chart analysis, to find trade exit position(TP/SL), and more. While traders of all experience levels can use this system, practicing trading on an MT4/MT5 demo account can be beneficial until you become consistent and confident enough to go live. You can open a real or demo trading account with most Forex brokers.

Features of MDZ Price Action Indicator

The MDZ Price Action Indicator offers a comprehensive overview of various price levels, trends, and ranges that can serve as traders’ benchmarks. These components are critical for evaluating market conditions and defining a sound trading strategy. Here are some key elements that the AIO Forex Indicator displays:

MDZ Price Action Indicator FREE Download ForexCracked.com
  • Key support and resistance levels: These levels mark significant price points likely to trigger a strong market reaction. Identifying these levels can help traders spot potential trade entry and exit points.
  • Trend lines: Trend lines are valuable for recognizing the market’s direction and momentum. They offer a visual representation of the prevailing trend, aiding in interpreting market movements.
  • Trading ranges (daily and weekly): These ranges outline the price boundaries within which the market is anticipated to fluctuate during a specific period. They provide insights into potential breakout or reversal points.
  • Lows and highs (daily, weekly, and monthly): These levels highlight the highest and lowest price points reached during a given timeframe, offering crucial information on market sentiment and possible turning points.
  • Fibonacci extension grid: This grid enables traders to predict potential price targets and reversal points based on the Fibonacci sequence, a widely accepted mathematical principle in trading analysis.
  • Trading sessions: The MDZ Price Action Indicator also showcases various trading sessions, allowing traders to monitor market activity across different time zones.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

How to use this All-in-One Indicator

To efficiently integrate the All-in-One Indicator into your trading strategy, here are some tips to consider:

  • Use multiple timeframes: Applying the indicator across various timeframes can give a comprehensive understanding of overall market conditions and potential trading opportunities.
  • Combine with other technical analysis tools: Pair the MDZ Price Action Indicator with other MT4 indicators like oscillators, moving averages, or chart patterns to enhance the precision and reliability of your trading decisions.
  • Practice risk management: Utilize the levels indicated by the MDZ Price Action Indicator to set appropriate stop loss and take profit orders, thereby ensuring that you effectively manage risk and safeguard your trading capital.
  • Test and refine your strategy: Before using the MDZ Price Action Indicator in a live trading environment, it is recommended to practice on a demo account. This helps to fine-tune your strategy and build confidence in interpreting the indicator’s signals.

In-depth explanations of these features, including how to use them effectively, can be found in the attached PDF files. These guides will help you to leverage the full potential of the MDZ Price Action MT5 Indicator, enhancing your ability to make more informed and strategic trading decisions.

Conclusion of this AIO Forex Indicator

The MDZ Price Action Indicator is a highly versatile and informative tool that significantly enhances trading decision-making. Its unique combination of features provides invaluable market insights across various trading assets and timeframes. Properly understanding, customizing, and applying this tool, paired with rigorous testing and sound risk management, can significantly empower traders in navigating the complexities of financial markets.

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Instantaneous Trend Line Levels MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/instantaneous-trend-line-levels-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/instantaneous-trend-line-levels-mt5-forex-indicator-free-download/#respond Wed, 17 May 2023 18:08:32 +0000 https://www.forexcracked.com/?p=86787 There are a few versions of the Instantaneous Trend Line Levels mt5 forex indicator, but their usage differentiates one edition from the other. The Instantaneous Trend Line Levels Indicator is dedicated to Metatrader 5 (MT5) trading platform.

Instantaneous Trend Line Levels mt5 Forex Indicator Free Download

Some indicator versions rely on the ITL slope for signals, but they generate too many signals and a lot of noise. This Instantaneous Trendline Levels indicator version uses self-adjusting levels for signal filtering.

The indicator attempts to deliver more accurate signals while minimizing the number of wrong signals produced.

Currency forex traders can also use the color changes of this mt5 forex indicator as entry signals or exits. You are welcome to test with the levels period before using it for trading decisions in actual accounts. There are also two display modes that you can choose according to you.

How to use the Instantaneous Trend Line Levels mt5 Indicator

The trading rules of the forex Instantaneous Trend Line Levels mt5 Indicator are explained below.

Buy Entry Signal

Open a long position when the Instantaneous Trend Line Levels mt5 forex indicator line turns lime green while a yellow-green filling gets aligned below the line.

Take profit/exit trade when a bullish trend is ongoing; a lime green dotted line forms above the Instantaneous Trend Line Levels indicator line.

Sell Entry Signal

Open a short position when the Instantaneous Trend Line Levels mt5 forex indicator line turns deep pink while a pale violet red filling gets aligned above the line.

Take profit/exit trade when a bearish trend is ongoing; a deep pink dotted line forms below the Instantaneous Trend Line Levels mt5 indicator line.

Scalpers and forex day traders can use it as a standalone trading tool. You can also add it to your best-proven trading system or strategy.

How do you install the Instantaneous Trend Line Level Indicator on your Metatrader 5 trading platform?

  • Download the mt5 indicator by clicking the “LINK” button at the bottom of this post.
  • Copy and paste the Instantaneous Trend Line Levels mt5 Indicator files into the following folder of your Metatrader 5 platform: MQL5 > Indicators.
  • You can open access to the folders this way: File > Open Data Folder > MQL5 > Indicators (paste files here).
  • Restart your Metatrader 5 Client.
  • Select the Chart and Timeframe where you want to test the indicator.
  • Browse “Custom Indicators” in your Navigator, which is located on the left in your MT5 platform.
  • Right-click on instantaneous-trendline-levels.mq5 and click “Attach to the chart.”
  • You can modify settings if you need and then click ok.
  • The mt5 indicator is ready and running on the chart.

In the archives, you will find the following Metatrader 5 files included:

  • instantaneous-trendline-levels.mq5

Instantaneous Trend Line Levels MT5 Forex Indicator Free Download

Read More Forex Trend & Breakout MT4 Indicator System Free Download

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Supply and Demand MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/supply-and-demand-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/supply-and-demand-mt5-forex-indicator-free-download/#comments Sun, 14 May 2023 17:53:59 +0000 https://www.forexcracked.com/?p=86636 The Supply and Demand mt5 Indicator is a MetaTrader 5 version of the indicator originally coded by eevviill7.

This version also has history mode added. Set the “history mode” parameter to “true,” then double-click on any point in the price mt5 chart to see mt5 Support and Resistance zones at that point.

Supply and Demand MT5 Forex Indicator Free Download

The Supply and Demand mt5 indicator is based on fractals, and the ATR indicator is to find and draw mt5 support resistance zones on the mt5 price chart. There are several types of zones:

  • weak: important high and low points in the trend
  • untested: major turning points in the price chart that price still didn’t touch them again
  • verified: strong zones; chart price touched them before but couldn’t break them
  • proven: a verified zone that at least four times the price couldn’t break it
  • broken: zones that chart price breaks them (not applied for weak zones)

v1.1:

Fixed warnings when compiling the code and errors when there were low bars in the chart.

I checked zones with the MT4 version, and they are the same.

v1.2:

History mode added (turn off / on in the indicator settings input tab).

MT5 Supply Demand Forex Indicator Attributes:

Currency pairs: any, but majors recommended (GBPUSD, EURUSD, EURJPY, AUDUSD, USDJPY, GBPJPY, etc.), any financial instrument

Platform: MT5

Type: mt5 supply and demand, mt5 support and resistance

Time frames: M1, M5, M30, M15, H1, H4, W1, D1, MN

How to install the Supply and Demand Forex Indicator on your MT5 trading platform?

  • Download the mt5 indicator by clicking the “LINK” button at the bottom of this post.
  • Copy and paste the mt5 Supply and Demand Indicator files into the folder of your Metatrader 5 platform: MQL5 > Indicators.
  • You can open the folders this way: File > Open Data Folder > MQL5 > Indicators.
  • Restart your MT5 Client.
  • Select the Chart and Timeframe where you want to test the indicator.
  • Browse “Custom Indicators” in your Navigator, which is located on the left in your MT5 platform.
  • Right-click on shved_supply_and_demand_v1.2.mq5 and then click “Attach to the chart.”
  • You can change settings if you need and then click ok.
  • The mt5 indicator is ready and running on the chart.

In the archives, you will find the following Metatrader 5 files included:

  • shved_supply_and_demand_v1.2.mq5
  • shved_supply_and_demand_v1.2.ex5

Supply and Demand MT5 Forex Indicator Free Download

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RSI with Fibonacci Auto Channel MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/rsi-with-fibonacci-auto-channel-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/rsi-with-fibonacci-auto-channel-mt5-forex-indicator-free-download/#respond Thu, 11 May 2023 17:36:14 +0000 https://www.forexcracked.com/?p=86522 The RSI with Fibonacci Auto Channel mt5 indicator is based on the Relative Strength Index(RSI) with some Fibonacci levels implemented into the code of this tool.

The main bold signal line is colored pink and green, and it switches its coloring depending on market trends. Therefore, you should look for buy trades when the line is green. Similarly, it would help if you look for sell trades when the line is pink

RSI with Fibonacci Auto Channel MT5 Forex Indicator Free Download

The indicator is displayed in a separate window below the main trading chart. It fits all kinds of timeframes and mt5 currency pairs.

The default mt5 indicator settings can be changed directly from the input tab. Feel free to try it out with the settings and parameters to fit your preferences.

How to set up the RSI with the Fibonacci Auto Channel indicator in MT5?

Installation Guide

Download the RSI with Fibonacci Auto Channel.zip archive at the end of this article, unpack it, then copy and paste the RSI with Fibonacci Auto Channel.mq5 or RSI with Fibonacci Auto Channel.ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The RSI with Fibonacci Auto Channel indicator is worth adding to your forex trading collection but remember to have realistic expectations. Just like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, it will give false signals occasionally. In addition, its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

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ADX VMA Trend MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/adx-vma-trend-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/adx-vma-trend-mt5-forex-indicator-free-download/#respond Mon, 08 May 2023 18:10:58 +0000 https://www.forexcracked.com/?p=86431 The ADX VMA Trend mt5 indicator uses adx vma steps to show the chart trend and its strength.

ADX VMA Trend MT5 Forex Indicator Free Download

The indicator values can be smoothed using one of the five smoothing types:

Red bars reflect a bearish trend, and green bars reflect a bullish trend.

The indicator is displayed in a separate window below the main trading chart. It fits all kinds of timeframes and currency pairs.

The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your preferences.

How to set up the ADX VMA Trend indicator in MT5?

Installation Guide

Download the ADX VMA Trend.rar archive at the bottom of this post, unpack it, then copy and paste the ADX VMA Trend.mq5 or ADX VMA Trend.ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The ADX VMA Trend indicator is well worth adding to your trading collection. A good forex indicator will enhance your chance of success. Nonetheless, remember to have realistic expectations. Just like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

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RSI Divergence Candles MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/rsi-divergence-candles-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/rsi-divergence-candles-mt5-forex-indicator-free-download/#respond Fri, 05 May 2023 18:07:42 +0000 https://www.forexcracked.com/?p=86245 The RSI Divergence Candles MT5 Forex Indicator is a momentum oscillator that measures the speed and change of chart price movements. The signals are shown in the form of candles that are colored differently, giving traders plenty of information about market trends and their directions. The foundation for that indicator is the Relative Strength Index (RSI) and its divergences. Using the RSI Divergence Candles is easy and self-explanatory. Open long trade when the candles turn medium sea green—similarly, open short sell trade when the candles turn orange-red.

RSI Divergence Candles MT5 Forex Indicator Free Download

The RSI Divergence Candles Indicator fits all kinds of timeframes and currency pairs. It is displayed in a separate window below the main trading mt5 chart. The default indicator settings can be edited directly from the indicator input tab. Feel free to test the settings and parameters to fit your preferences.

How can the RSI Divergence Candles indicator be set up in MetaTrader (MT5)?

Installation Guide

Download the RSI Divergence Candles.zip archive at the end of this post, unzip it, then copy and paste the RSI Divergence Candles.ex5 or RSI Divergence Candles.mq5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The RSI Divergence Candles indicator is worth adding to your forex trading collection. A good forex indicator will enhance your chance of success. Nonetheless, remember to have realistic expectations. Like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it. Don’t forget that we still have more great free Forex MT5 indicators to download and try.

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Trend Strength MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/trend-strength-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/trend-strength-mt5-forex-indicator-free-download/#respond Sun, 30 Apr 2023 18:00:18 +0000 https://www.forexcracked.com/?p=84348 The Trend Strength mt5 indicator uses custom calculations based on the Relative Strength Index(RSI) to determine the direction of the trend.

The mt5 indicator is displayed in a separate window below the main trading mt5 chart.

Trend Strength MT5 Forex Indicator Free Download

You will find three color lines: gray Smoothed RSI, blue color UpTrend line, and red color DnTrend line.

When the Smoothed RSI is above the blue UpTrend – there is an upward trend. Similarly, when the Smoothed RSI is below the red DnTrend – there is a downward trend.

It fits all kinds of timeframes and currency pairs.

The default mt5 indicator settings can be modified from the input tab. Feel free to experiment with the indicator settings and parameters to fit your preferences.

How to set up the Trend Strength mt5 indicator in MT5?

Installation Guide

Copy and paste the trend-strength indicator.mq5 or trend-strength indicator.ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The Trend Strengthmt5 indicator is well worth adding to your trading collection but remembers to have realistic expectations. Just like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

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RSI Slope Divergence MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/rsi-slope-divergence-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/rsi-slope-divergence-mt5-forex-indicator-free-download/#respond Thu, 27 Apr 2023 18:12:27 +0000 https://www.forexcracked.com/?p=84184 The RSI Slope Divergence indicator MTF plots two linear regression channels: directly on the price and on the Relative Strength Index (RSI). It is a multi-time frame indicator.

The general usage of that gauge is divergences detection and correction or retracement even before it occurs.

The indicator is displayed in a separate window below the main mt5 trading chart.

RSI Slope Divergence MT5 Forex Indicator Free Download

It fits all kinds of mt5 timeframes and mt5 currency pairs.

The default mt5 forex indicator settings can be modified directly from the input tab. Feel free to experiment with the mt5 indicator settings and parameters to fit your preferences.

How to set up the RSI Slope Divergence MTF indicator in MT5?

Installation Guide

Copy and paste the rsi-slope-divergence-indicator-mtf.mq5 or rsi-slope-divergence-indicator-mtf—ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The RSI Slope Divergence indicator MTF is worth adding to your trading collection but remember to have realistic expectations. Like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

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Point of Balance MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/point-of-balance-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/point-of-balance-mt5-forex-indicator-free-download/#respond Mon, 24 Apr 2023 18:02:40 +0000 https://www.forexcracked.com/?p=84091 The Point of Balance mt5 forex indicator is a triple-line channel that is the current trend revealer. The price and chart candlestick move above/below that channel.

It consists of three lines: the red color and green lines are aligned to the channel’s upper outer and lower outer boundaries, respectively, while the blue line stays in the middle of the channel.

Point of Balance MT5 Forex Indicator Free Download

The indicator is displayed directly on the main trading chart.

It fits all kinds of timeframes and currency pairs.

The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your preferences. Let’s take a closer look at these inputs below.

Period – defines the calculation period.

The formula for the Point of Balance indicator:

The calculations of the Point of Balance indicator are based on the following formula:

BL = (MinH+MaxH)/2,

BR = (MinL+MaxL)/2,

POB = (BL+BR)/2,

Where

MinH, MaxH – is the maximum and minimum of HIGH prices over the period;

MinL, MaxL – is the maximum and minimum LOW prices over the period.

How to use the Point of Balance:

Bullish sentiment is considered when the candlesticks are aligned above the channel of the POB indicator. Alternatively, bearish sentiment is underway when the candlesticks are aligned below the channel.

How to set up the Point of Balance indicator in MT5?

Installation Guide

Copy and paste the POB.mq5 or POB.ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The Point of Balance indicator is worth adding to your trading collection but remember to have realistic expectations. Like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

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Gann High Low Activator SSL Alert MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/gann-high-low-activator-ssl-alert-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/gann-high-low-activator-ssl-alert-mt5-forex-indicator-free-download/#respond Fri, 21 Apr 2023 17:34:09 +0000 https://www.forexcracked.com/?p=83984 The Gann High Low Activator SSL Alert mt5 forex indicator is based on the original Gann Hi-Low Activator SSL, which was rewritten in MQL5. Another change is that the actual indicator was single color, which is why for the more visual definition of the trend direction, it was necessary to make it color.

Forexcracked.com Gann High Low Activator SSL Alert mt5 Forex Indicator

The signal of the indicator must be considered only after closed bars. As for a time when a candlestick is not completed, its results may be changed.

As with other mt5 trend indicators, it is inclined to trigger false signals in the flat market.

There are many advantages of the Gann High Low Activator SSL Alert indicator, including the following usages:

  • dynamic short-term support and resistance line;
  • Signal for scalping in the breakthrough price of the indicator line;
  • additional filtering of signals for your trading system.

The mt5 indicator is displayed directly on the main mt5 trading chart.

It fits all kinds of timeframes and currency pairs.

The default mt5 indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your preferences.

How does it work? How to apply in trading?

Trading Rules Explanation

Signals provided by the Gann High Low Activator SSL Alert mt5 forex Indicator are intuitive and will not cause difficulties. Follow the suggestions below.

Buy Entry: Open long trade when the Gann High Low Activator SSL Alert mt5 forex indicator signal line turns blue. Place your stop loss a few pips below the last swing low.

Sell Entry: Open short trade when the Gann High Low Activator SSL Alert mt5 indicator line turns red. Place your stop loss a few pips below the last swing high.

Exit Trade / Take Profit: Close your open position when the opposite signal occurs, or use your preferred method of trade exit.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

Example of USD/JPY M15 Chart

The screenshot below shows an example of the Gann High Low Activator SSL Alert mt5 Indicator.

Gann High Low Activator SSL Alert MT5 Forex Indicator Free Download

How can the Gann High Low Activator SSL Alert mt5 indicator be set up in MT5?

Installation Guide

Copy and paste the gann-high-low-activator-ssl-alert.mq5 or gann-high-low-activator-ssl-alert—ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The Gann High Low Activator SSL Alert mt5 forex indicator is worth adding to your forex trading collection but remembers to have realistic expectations. Like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

Gann High Low Activator SSL Alert MT5 Forex Indicator Free Download

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Super Trend Hull MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/super-trend-hull-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/super-trend-hull-mt5-forex-indicator-free-download/#comments Tue, 18 Apr 2023 17:56:17 +0000 https://www.forexcracked.com/?p=83871 As the name suggests, the Super Trend Hull mt5 forex indicator is a custom forex indicator that compounds Super Trend and Hull indicators.

That gauge incorporates the ATR within its algorithm formula to modify its signal mode.

Super Trend Hull MT5 Forex Indicator Free Download

The Super Trend Hull mt5 forex indicator’s signals are excellent and accurate enough to be used as a standalone trading tool. But, most importantly, it is no repaint forex indicator.

The mt5 indicator is displayed directly on the main trading chart.

It fits all kinds of mt5 chart timeframes and currency pairs.

The mt5 indicator settings can be edited directly from the input options. Feel free to try it out with the settings and parameters to fit your preferences.

How does it work? How to apply in trading?

Trading Rules Explanation

Signals provided by the Super Trend Hull mt5 forex Indicator are intuitive and will not cause difficulties. Follow the suggestions below.

Buy Entry: Open long trade when the Super Trend Hull indicator signal line turns lime green. Place your stop loss(SL) a few pips below the last chart swing low.

Sell Entry: Open short trade when the Super Trend Hull mt5 indicator line turns pale violet-red. Place your stop loss(SL) a few pips below the last chart swing high.

Exit Trade / Take Profit: Close your open position when the opposite signal occurs, or use your preferred method of trade exit.

As always, to achieve good results, remember about proper money management. To be a good profitable trader, you must master trading discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, major sessions, exotic currency pairs, wider spread, etc.

Example of GPB/USD H1 Chart

The screenshot below shows an example of the Super Trend Hull mt5 Indicator.

Super Trend Hull MT5 Forex Indicator

How to set up the Super Trend Hull indicator in MT5?

Installation Guide

Copy and paste the super_trend_hull.mq5 or super_trend_hull—ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The Super Trend Hull mt5 indicator is worth adding to your trading collection but remembers to have realistic expectations. Like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this mt5 forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it.

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Adaptive Renko CLD MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/adaptive-renko-cld-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/adaptive-renko-cld-mt5-forex-indicator-free-download/#respond Wed, 12 Apr 2023 17:48:03 +0000 https://www.forexcracked.com/?p=83584 The Adaptive Renko CLD MT5 Forex Indicator is a forex trend-following indicator using the Renko indicator included in its formula. It consists of two elements: an upward/downward band and a cloud. It does an excellent job of recognizing trend momentum and works best during strong market swings.

The Adaptive Renko CLD mt5 forex Indicator fits all kinds of timeframes and currency pairs. It is displayed directly on the main trading chart. The default settings can be modified now from the input tab. Feel free to experiment with the settings and parameters to fit your preferences.

How does it work? How to apply in trading?

Trading Rules Explanation

The trading signals of the Adaptive Renko CLD, in the upward/downward band, provide the trading signals of the Adaptive Renko CLD Indicator bullish trend momentum. Conversely, it is red and floats above the price during the bearish trend momentum. That band also works as dynamic support and resistance levels.

Buy Signal

Follow these steps for a long trade:

  • The band of the Adaptive Renko CLD Indicator switches from red to green.
  • Price swings higher from recent chart low swing
  • Buy-entry trade is triggered after the first candle meets the above conditions.
  • Set stop-loss a few pips below the last swing low of the market.
  • Take profit or exit trade whenever Adaptive Renko CLD Indicator provides the opposite signal, or use your method of trade exit.
Adaptive Renko CLD MT5 Forex Indicator buy

Sell Signal

Follow these steps for a short trade:

  • The band of the Adaptive Renko CLD Indicator switches from green to red.
  • Price swings lower from recent high swing
  • Sell trade is triggered after the first candle meets the above conditions.
  • Set stop-loss(SL) a few pips above the last swing high of the market.
  • Take profit or exit trade whenever Adaptive Renko CLD Indicator provides the opposite signal, or use your method of trade exit.
Adaptive Renko CLD MT5 Forex Indicator sell

As always, to achieve results, remember about proper money management. To be a great profitable trader, you must master discipline, emotions, and forex psychology. You have to know when and when not to trade. Avoid trading during bad times and market conditions like low volume, market volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

How to set up the Adaptive Renko CLD indicator in MT5?

Installation Guide

Download the Adaptive Renko CLD.zip archive at the end of this article, unzip it, then copy and paste the Adaptive Renko CLD.ex5 or Adaptive Renko CLD.mq5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The Adaptive Renko CLD indicator is well worth adding to your trading collection. A  forex indicator will enhance your chance of success. Nonetheless, remember to have realistic expectations. Like any other technical analysis mt5 tool, it cannot provide accurate forex signals 100% of the time. Thus, this mt5 forex indicator provides false forex signals occasionally. Its performance will change significantly depending on market conditions. Feel free to make your trading system based on it. Don’t forget that we still have more free forex indicators to try.

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Spike Detector MT5 Forex System FREE Download https://www.forexcracked.com/forex-indicator/spike-detector-mt5-forex-system-free-download/ https://www.forexcracked.com/forex-indicator/spike-detector-mt5-forex-system-free-download/#comments Tue, 11 Apr 2023 20:42:30 +0000 https://www.forexcracked.com/?p=83162 Spike Detector Indicator is an MT5 Forex System FREE to Download. It is a highly effective trend-following system designed for day trading and scalping in the Forex market. The system combines two powerful technical indicators, the Spike Detector and the SuperTrend, to identify high-probability trading opportunities in the market.

The Spike Detector Indicator is price action and trend-following strategy that identifies key price levels and trend directions. It is ideal for day traders and scalpers looking to make quick, short-term trades based on market conditions.

The Spike Detector is a unique indicator that identifies sudden price movements, or spikes, in the market. News events or other market catalysts often cause these spikes and can provide valuable trading opportunities for skilled traders. The Spike Detector with SuperTrend MT5 system allows traders to interpret these spikes in two ways: either as an opportunity to hunt for spikes using the renko spike bar MT5 or as an opportunity to open trades that agree with the main trend.

The SuperTrend indicator is a popular trend-following indicator that helps traders identify the direction of the market trend. By using the SuperTrend with the Spike Detector, traders can increase their chances of success by identifying trading opportunities aligned with the overall market trend.

One of the advantages of this MT5 Forex System is its flexibility. Traders can use the system to trade various currency pairs and time frames, depending on their preferences and risk tolerance. The system can also be customized to suit individual trading styles, allowing traders to fine-tune it to their needs.

This Spike Detector Indicator is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

MT5 Forex System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

Main Chart of Spike Detector Indicator

Spike Detector Indicator FREE Download ForexCracked

This Spike Detector Indicator can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minute to the 1-month charts.

Latency: 0.46 ms
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Download a Collection of Indicators, Courses, and EA for FREE

Trading rules for this MT5 Forex System

Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using this MT5 Forex System.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

Buy Entry

  • Spike Detector gives a Blue arrow.
  • Damjan Blue bars.
  • Stochastic begins to cross upwards.
  • RSI Crossing level 30 upwards.
  • The Min-Max indicator shows Blue bars.
  • Heiken Ashi smoothed (4 ma Candles indicator) agrees with the main trend(Blue).
  • Optional – Supertrend Blue Line.

Sell Entry

  1. Spike Detector gives a Red arrow.
  2. Damjan Red bars.
  3. Stochastic begins to cross downwards.
  4. RSI Crossing level 70 downwards.
  5. The Min-Max indicator shows Red bars.
  6. Heiken Ashi smoothed (4 ma Candles indicator) agrees with the main trend(Orange).
  7. Optional – Supertrend Sell Line.

Trade Exist

Any positions with Spike Detector Indicator can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support, resistance, or high-low level as a reference point. You may also exit the trade manually if the system conditions reverse.

  • Place the initial stop loss below/above the supertrend line.

It is recommended to use a stop loss. Set SL below the entry price using previous support/resistance as a reference point Or on the previous high/low swing. Using fixed stop loss settings without any reference points is not advocated.

Conclusion

The MT5 Forex System is a powerful trend-following system ideal for day traders and scalpers looking to capitalize on short-term trading opportunities in the Forex market. By combining the Spike Detector Indicator and SuperTrend indicators, traders can identify high-probability trading opportunities aligned with the overall market trend. With its flexibility and customization options, the system is a valuable tool for any trader looking to improve their trading performance.

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VWAP Bands MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/vwap-bands-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/vwap-bands-mt5-forex-indicator-free-download/#respond Sun, 09 Apr 2023 18:15:56 +0000 https://www.forexcracked.com/?p=82524 The VWAP Bands MT5 Forex Indicator is similar to the Bollinger Bands indicator, but to calculate its values, it uses Volume Weighted Average as the central value of the indicator bands. Additionally, you can choose to use the tick volume or actual volume for calculation (only if the symbol and the broker have real volume at all). Moreover, you can choose to have deviations calculated with or without sample correction.

VWAP Bands MT5 Forex Indicator Free Download

The VWAP Bands MT5 Forex Indicator fits all kinds of timeframes and mt5 currency pairs. It is shown directly on the main mt5 trading chart. The default indicator settings can be modified now from the input tab. Feel free to try it out with the settings and parameters to fit your preferences.

How does it work? How to apply in forex trading?

Trading Rules Explanation

As you can notice, VWAP Bands mt5 forex Indicator displays three bands on each side. Each of the indicator bands can be turned on or off. If the deviation multiplier for any of the indicator bands is set to zero, then that bands will not be calculated. Check these instructions for trading with that VWAP Bands forex indicator.

Buy Signal

Follow these steps for a long trade:

  • The general trend is bullish
  • Price touches the lower outer band (thick orange color line)
  • Price rejects that chart level and swings higher from a recent low swing
  • Buy-entry trade is triggered after the first candle meets the above conditions.
  • Set stop loss(SL) a few pips below the last swing low of the market.
  • Take profit or exit whenever the price touches the opposite band or use your method of trade exit
VWAP Bands MT5 Forex Indicator buy

Sell Signal

Follow these steps for a short trade:

  • The general trend is bearish
  • Price touches the upper outer band (thick green color line)
  • Price rejects that chart level and swings lower from a recent high swing
  • Sell entry trade is triggered after the first candle meets the above conditions
  • Set stop loss(SL) a few pips above the last swing high of the market
  • Take profit(TP) or exit whenever the price touches the opposite band or use your method of trade exit
VWAP Bands MT5 Forex Indicator sell

As always, to achieve best results, remember about proper money management. To be a good profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

How to set up the VWAP Bands indicator in MT5?

Installation Guide

Download the VWAP Bands.rar archive at the bottom of this post, unpack it, then copy and paste the VWAP Bands.ex5 or VWAP Bands.mq5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.

Bottom Line

The VWAP Bands indicator is well worth adding to your trading collection. A good forex indicator will enhance your chance of success. Nonetheless, remember to have realistic expectations. Like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your trading system based on it. Don’t forget that we still have more great free forex indicators to try.

VWAP Bands MT5 Forex Indicator Free Download

Read More The MoneTree EA FREE Download

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Perfect Trend Line 2 MT5 Forex Indicator Free Download https://www.forexcracked.com/forex-indicator/perfect-trend-line-2-mt5-forex-indicator-free-download/ https://www.forexcracked.com/forex-indicator/perfect-trend-line-2-mt5-forex-indicator-free-download/#comments Fri, 31 Mar 2023 18:14:22 +0000 https://www.forexcracked.com/?p=79958 The Perfect Trend Line 2 Forex Indicator is a variation of a popular “Perfect Trend Line Indicator.” This version adds a sort of signal filtering, which helps clean up some false signals in the original version. The Perfect Trend Line indicator provides two types of entry signals. First is the appearance of the blue and red dots – blue dots trigger buy trades, and red dots indicate sell trades. The second method is the color candle switch: when the red candles switch to blue, it is a signal for long trade; alternatively, a switch from blue to red triggers short trade.

Perfect Trend Line 2 mt5 Forex Indicator Free Download

The Perfect Trend Line 2 Indicator fits all mt4 timeframes and currency pairs. It is shown directly on the main mt4 trading chart. The default indicator settings can be modified now from the input tab. Feel free to test with the settings and parameters to fit your preferences.

How can the Perfect Trend Line 2 indicator be set up in MetaTrader (MT5)?

Installation Guide

Download the Perfect Trend Line 2.zip archive at the end of this post, unpack it, then copy and paste the Perfect Trend Line 2.ex5 or Perfect Trend Line 2.mq5 forex indicator files into the MQL5 folder of the MT5 trading platform.

You can open this folder by clicking the menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators.

Now go to the left side of your MT5 terminal. In the Navigator, find the name, right-click it, and select Attach to the chart.

Bottom Line

The Perfect Trend Line 2 indicator is worth adding to your trading collection. An awesome forex indicator will enhance your chance of success. Nonetheless, remember to have very realistic expectations. Like any other technical analysis tool, it cannot always provide 100% accurate signals. Thus, this forex indicator provides false entry signals occasionally. Its performance will vary significantly depending on forex market conditions. Feel free to develop your trading system based on it. Don’t forget that we still have more great free forex MT4 and MT5 indicators to download and try.

Forex MT5 Perfect Trend Line 2 Forex Indicator Free Download

Read More Auto Trend Lines Forex Indicator for MT4/MT5 FREE Download

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Extreme Binary Sniper MT5 Trading System FREE Download https://www.forexcracked.com/forex-indicator/extreme-binary-sniper-mt5-trading-system-free-download/ https://www.forexcracked.com/forex-indicator/extreme-binary-sniper-mt5-trading-system-free-download/#comments Thu, 02 Mar 2023 18:05:05 +0000 https://www.forexcracked.com/?p=76395 Extreme Binary Sniper MT5 is an MT5 Trading System that gives easy-to-use buy/sell signals. It is a price-action trading system for both binary and forex markets. The system uses the Extreme Binary Sniper indicator, located below the chart, to provide direction bias. An arrow in the main chart determines entry timing, which must agree with the window indicator.

The system is suitable for 1-minute or higher time frames for binary trading and 15 minutes or higher for forex trading. Expiry time for binary options high/low is 3-5 candles, while volatility pairs are recommended for currency pairs. Profitability is high.

This MT5 Trading System is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward.

This Binary Sniper MT5 Trading System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

Indicators Used in this MT5 Trading System

The system uses a range of Metatrader 5 indicators, including Boa Zig Zag arrow Duplex, Candle timer, Extreme Binary Sniper, FBW 3D BC, Support and Demand, and TMA Central Bands (used only as dynamic support and resistance). Keep in mind that the Extreme Binary Sniper indicator repaints, so it’s important to use it in combination with other indicators and analysis to confirm trading decisions.

Binary Sniper MT5 FREE Download ForexCracked.com

You can set this Binary Options System to send you a signal alert via Mobile Notification, platform pop-ups, and Email. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.

MT5 Trading System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minutes through to the 1-Hour charts.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Extreme Binary Sniper Trading rules

Follow money management & Don’t enter to trade within the Medium or high-impact news period.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

This trading system appeared to be more profitable on forex than binary options.

  • Trade only toward the support and resistance level, which agrees with the indicator below the Extreme Binary Sniper main chart.
  • Do not go into buying/selling in the support and resistance zone.

Buy signal or Call

  • Buy arrow (FBW 3D BC Indicator).
  • Extreme Binary Sniper Green color line.
  • TMA central Bands Aqua color.
  • The price goes up from the support level.

Sell signal or Put

  • Sell arrow (FBW 3D BC Indicator).
  • Extreme Binary Sniper Red color line.
  • TMA central Bands Pink color.
  • The price goes down from the resistance level.

Exit position

Any positions with Extreme Binary Sniper System can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support/resistance or high/low as a reference point. You may also exit the trade manually if the Non-Repainting Indicator system conditions reverse.

It is recommended to use a stop loss. Set SL below the entry price using previous support/resistance as a reference point Or on the last high/low swing. Using fixed stop loss settings without any reference points is not advocated.

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Boom and Crash Indicator System MT5 FREE Download https://www.forexcracked.com/forex-indicator/boom-and-crash-indicator-system-mt5-free-download/ https://www.forexcracked.com/forex-indicator/boom-and-crash-indicator-system-mt5-free-download/#comments Mon, 05 Dec 2022 19:21:59 +0000 https://www.forexcracked.com/?p=32963 Boom and Crash Indicator is a Non-Repaint (arrows) Boom and Crash Spike detector Indicator FREE to Download. The Boom and Crash Indicator is a very popular software to trade Boom & Crash plus US100 and Currency pairs, with awesome features.

It supports all Boom, crash, US100 Indices and Currency pairs. It is best on H1 TimeFrame.

The Boom And Crash Market periodically modifies its pattern. Sometimes similarly effective tactics will yield different outcomes, and other times a strategy will just stop working altogether. As a result, you need to have more than one plan at your disposal to support you.

This Scalping Strategy is primarily manual. The NON Repaint indicator does produce Arrow BUY/SELL signals, but you need to filter them using the given strategy or your own one. Any decisions to enter the market and to set protection stops or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

Boom Crash Indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT5 demo account until you become consistent and confident enough to go live.

Main Chart of this Boom and Crash Indicator

Boom Crash Indicator System FREE Download ForexCracked.com

Boom & Crash MT5 Indicator System made to be used on all forex pairs. You can also use it on any time frame that suits you best, from the 1-minute through to the 1-month charts. It is best on H1 TimeFrame.

It is straightforward to use even by complete forex beginners. You don’t have to be a professional to use it. Just load one of 2 different Templates to your chart.

  • Boom and Crash [Boom&Crash] – This template is optimized for Boom 1000, Boom 500, Crash 1000, and Crash 500.
  • Boom and Crash [Currencies & NAS100] – This template is optimized for Currency pairs and NAS100, also known as the USTech or US100.

For Boom and Crash Indices. We Recommend Dervi DMT5 Account.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Follow money management & Don’t enter to trade within the high-impact news period. Exit from your trades half & an hour from the high-impact forex news.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

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Candle Time and Spread Indicator for MetaTrader https://www.forexcracked.com/forex-indicator/candle-time-and-spread-indicator-for-metatrader/ https://www.forexcracked.com/forex-indicator/candle-time-and-spread-indicator-for-metatrader/#respond Sat, 01 Oct 2022 18:02:12 +0000 https://www.forexcracked.com/?p=29297 Knowing the remaining time in a candle can be very useful. The MetaTrader platform shows you the current time, but it does not show you the elapsed time since the start of the candle. MetaTrader does not show the remaining time in the current candle either. This Indicator can show you the remaining candle time and spread in the MetaTrader chart.

What Is Candle Time and Spread Indicator for MetaTrader

The Candle Time and Spread Indicator for MetaTrader is available for both the MT4 and MT5 platforms and is very useful when the entry and exit timing is essential for trade.

The Candlestick Timer for Forex MT4 and MT5 allows you to see on the chart the elapsed time since the start of the chart candle and the remaining time before the next chart candle starts forming.

Furthermore, the Forex Indicator also includes the current spread for the instrument.

Besides a visual representation of the candle time, this Indicator can also alert you with some notice before the candle closes.

Why Use Candle Time Indicator for MetaTrader

The MT4 and MT5 Candle Time indicators can be useful in the following situations.

forexcracked.com MT4-Candle-Timer-Indicator-3

Two Types of Trades

You can usually identify two types of forex trades in forex trading, perhaps three. These Types are divided by the duration of the forex trades.

These types are:

  • Short-term, lasting less than a day
  • Medium-term, lasting a few days
  • Long-term, lasting several days or weeks

In the medium- and long-term trades, the entry timing can span hours or days; however, if you are involved in short-term forex trades, the timing is one of the essential aspects of entry and exit.

This is why knowing when the chart candle will close can help.

Candle Time for Candlestick Pattern Strategies

If you like trading using chart candlestick patterns, you might want to know when a chart candle is about to close.

This will allow you to check if a known chart pattern formed and if there is a good trading opportunity.

The Candlestick Timer forex Indicator can alert you before the closure of the candle so you can be prepared for your forex chart analysis.

Geographic Market Open and Close

As you know, the Forex trading market runs 24 hours daily, closing only during the weekend.

The market activity is higher during the day of geographical location, and many forex strategies are based on specific behaviors happening at market open or market close.

The Candle Time Indicator for MetaTrader can assist you in being prepared for a market to open and close.

News and Events

Many trading forex strategies are based on trading news and events.

Using one of these forex strategies, you probably want to know how the market reacts to a scheduled event or news.

You can set the chart candlestick timer for MetaTrader to alert you before the time of scheduled news so you can check the market response to it.

Input Parameters of Candle Time Indicator for MT4/MT5

The Candle Timer Forex Indicator for MT4 and MT5 has some valuable features you can customize through input parameters:

forexcracked.com MT4-Candle-Timer-Indicator-1

Graphical Interface

You can choose between:

  • Minimal Interface, with only a tiny countdown to the next candle.
  • Extended Interface includes information about the current instrument, the elapsed time since the start of the chart candle, and the remaining time for the current candle.
forexcracked.com MT4-Candle-Timer-Indicator-2

Alert Notifications

You can configure the forex Indicator to send you an alert a set of seconds before the candle closes.

Can send Notifications to the following:

  • On-screen alert
  • Email
  • Mobile app

Why Use Spread Indicator for MetaTrader

This is an excellent tool to make the spread more visible, which is usually very small or hidden in the Market Watch.

If you search for a candle time or spread forex Indicator, you can see how there are many options available. However, it is a very personal choice, and it depends on the options that you are looking for.

We decided to create an indicator that is easy to use and can show a countdown and alert the trader; you can download it for free.

MT4 Candle Timer

If you are trading in short mt4 timeframes, like 30 minutes or less, you know that timing is critical. In some strategies, knowing when a bar is closing, and the next one will start is beneficial. The MT4 Candle Timer forex Indicator allows you to see a countdown to the next candles and also be notified in advance before it happens.

What Is MT4 Candle Timer Indicator

The MT4 Candle Timer Forex Indicator is a simple chart indicator that helps you identify when a new bar will form.

This Indicator has a Candlestick Timer that continuously checks the time elapsed since the start of a chart candle and the remaining time before this closes.

The forex Indicator has a simple window to detect the desired information immediately.

Why Is MT4 Candlestick Timer Indicator Useful

So when is a Candlestick Timer useful? If trading long-term, you probably don’t need a candle timer forex indicator because your entry will not be affected too much by a minute or an hour. However, you know timing is critical if you are a forex scalper or a trader in the short timeframes.

The Forex trading market is open 24 hours, and it only closes during the weekend, and some forex strategies may be heavily affected by the wrong timing in your position entry.

The MT4 Candle Timer forex Indicator can show you the remaining time in the current candle so that you can be prepared for the following chart candle opening.

Some examples of situations that can benefit from this forex Indicator are:

  • Scheduled news coming out
  • Geographic market open and close
  • Scheduled events happening, usually either financial, economic, or political

Also, consider that many algorithms run in automated forex trading might trigger orders at the start of a new chart candlestick.

How to Download and Use MT4 Candle Timer Forex Indicator

You can download the free MT4 Candle Timer Indicator with the link below and install it following the instructions.

The installation is straightforward to perform, and so is the use.

Once you run the forex Indicator, you can set if you want to see an extended interface or a simple countdown.

➥ Download MQLTA MT4 Candlestick Timer Indicator With Alert.zip

Indicator Installation Instructions

To install the Forex Indicator, please follow the instructions below:

  1. Download the forex indicator archive file.
  2. Open the Forex MetaTrader 4 data folder (via File→Open Data Folder).
  3. Open the MQL4 Folder.
  4. Copy all the New folders from the archive directly to the MQL4 folder.
  5. Restart Forex MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

Please visit this page for more detailed instructions on performing the installation and a tutorial video.

Configuration of Alerts and Notifications

To use the alert and notification feature in the Forex Indicator or EA, it is necessary first to configure the MetaTrader client.

For more detailed instructions, please read the alert and notifications configuration page.

Remember that your Forex MetaTrader client must be open and online to receive the alerts.

MT5 Candle Timer

➥ Download MQLTA MT5 Candlestick Timer Indicator With Alert.zip

Indicator Installation Instructions

To install the Forex Indicator, please follow the instructions below:

  1. Download the forex indicator archive file.
  2. Open the forex MetaTrader 5 data folder (via File→Open Data Folder).
  3. Open the MQL5 Folder.
  4. Copy all the new folders from the archive directly to the MQL5 folder.
  5. Restart MetaTrader 5 or refresh the forex indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

Conclusion

In this article, you discovered Candle Time and Spread Forex Indicator for MT4 and MT5 and learned how it could be helpful in trading.

You also have some download links for our version of the forex Indicator so that you can download and test it.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

You can open a forex trading account with any MT4 Forex brokers to freely use the presented Indicator for MetaTrader 4. If you want to use an MT5 version of the forex Indicator presented here, you need to open an account with a forex broker that offers MetaTrader 5.

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Digi Arrow Strategy MT5 Indicator System FREE Download https://www.forexcracked.com/forex-indicator/digi-arrow-strategy-mt5-indicator-system-free-download/ https://www.forexcracked.com/forex-indicator/digi-arrow-strategy-mt5-indicator-system-free-download/#respond Fri, 30 Sep 2022 19:52:46 +0000 https://www.forexcracked.com/?p=29233 Digi Arrow Strategy is a NON-Repaint MT5 Indicator System that gives easy-to-use buy/sell signals. It is a simple trend momentum strategy built with momentum and trend indicators customized for MetaTrader 5. The strategy is based on a few indicators, in practice, the signals are generated when the arrival indicator agrees with the trend indicator. The strategy is suitable for lateral and medium trend.

Arrow Strategy MT5 Indicator is a trading formula designed for catching major and minor trends. It provides easy and powerful trading technology to take advantage of market predictions. 

It catches fast and profitable price movements and gives you easy BUY/ SELL signals. The system very carefully verifies every trading signal to produce only the highest probability trades.

Best MT5 Indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.

Arrow Strategy MT5 Indicator System FREE Download ForexCracked.com

You can set this MT5 Indicator System to send you a signal alert via Email, Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.

Digi Arrow Indicator System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1 minute through to the 1-month charts.

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

Trading rules for MT5 Indicator System

The MT5 Indicator is very easy to use. It provides signals that are double filtered by the indicators. Combine both elements to get the best and most precise signals. To follow the strategy, it is necessary to open multiple charts with multiple time frames and enter when the condition is satisfied. 

Buy

  • Digi Arrow Green buy arrow.
  • Rocket Launcher Green line.
  • Radar trend line direction upward (Blue angled line).

Sell

  • Digi Arrow Red sell arrow.
  • Rocket Launcher Red line.
  • Radar trend line direction downward(Red angled line).

Exit position 

You can take profit from your order at the opposite signal or use the risk-to-reward ratios.

  • On the last swing, high for Sell trades.
  • On the last swing, low for Buy trades.
  • Close to important support/resistance area.
  • Or exit on the opposite signal.
  • Exit when one of the indicators changes direction.
  • Arrow Strategy MT5 System FREE Download ForexCracked.com
  • MT5 Indicator System FREE Download ForexCracked.com
  • Digi Arrow Strategy FREE Download ForexCracked.com
  • Digi Arrow Indicator System FREE Download ForexCracked.com
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Boom and Crash MT5 Indicator FREE Download https://www.forexcracked.com/forex-indicator/boom-and-crash-mt5-indicator-free-download/ https://www.forexcracked.com/forex-indicator/boom-and-crash-mt5-indicator-free-download/#comments Fri, 13 May 2022 19:58:34 +0000 https://www.forexcracked.com/?p=22208 Boom and Crash MT5 Indicator is a Non-Repaint MT5 trading system usually being sold for 130$. The Boom and Crash Indicator is a very software to trade Boom & Crash, with very awesome features.

It supports all Boom/crash Indices. It is best on M1 TimeFrame for fast trade that lasts around 30min to an hour max. Or bigger time frames for Swing trading.

  • Boom and Crash Indicator FREE Download ForexCracked.com
  • Boom and Crash Indicator SystemFREE Download ForexCracked.com

Boom and Crash Indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT5 demo account until you become consistent and confident enough to go live.

You can set the Boom & Crash free forex Indicator to send you a signal alert via E-mail, SMS, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.

Boom & Crash MT5 Indicator System made to be used on all forex pairs. You can also use it on any time frame that suits you best, from the 1-minute through to the 1-month charts. It is best on M1 TimeFrame for fast trade that lasts around 30min to an hour max.

It works best on any Boom and Crash Indices. Highly Recommend Dervi DMT5 Account.

Boom and Crash MT5 Indicator FREE Download Deriv account ForexCracked.com
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Best NON-Repaint MT5 Indicator FREE Download https://www.forexcracked.com/forex-indicator/best-non-repaint-mt5-indicator-free-download/ https://www.forexcracked.com/forex-indicator/best-non-repaint-mt5-indicator-free-download/#comments Sun, 24 Apr 2022 20:38:05 +0000 https://www.forexcracked.com/?p=21490 Best NON-Repaint MT5 Indicator is a NON-Repaint indicator system that gives easy-to-use buy/sell signals. It usually being sold for 27$ a Life Time. It comes with an ON-SCREEN trade managing dashboard.

XSMTRADER is a brand new trading formula designed for catching the major and minor trends. It provides easy and powerful trading technology that allows you to take advantage of market predictions. 

It catches very fast and profitable price movements and gives you easy BUY/ SELL signals. Every trading signal is very carefully verified by the system to produce only the highest probability trades.

XSMTRADER  MT5 Indicator FREE Download ForexCracked

Best MT5 Indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.

You can set the NON-Repaint MT5 Indicator System to send you a signal alert via Email, Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.

The X-Smart Trader can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1 minute through to the 1-month charts

Latency: 0.46 ms
2 Weeks Free Trial
100% Free for 24 Months
Licensed Window Server 2022
Minimum Deposit
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
 

Download a Collection of Indicators, Courses, and EA for FREE

MT5 Indicator Trading Examples

The MT5 Indicator is very easy to use. It provides signals that are double filtered by the indicators.  Combine both elements to get the best and most precise signals. It is also a one-click Trading Assistant that allows for fast opening/closing and tracking of opened trades. 

  • NON-Repaint MT5 Indicator System FREE Download ForexCracked.com
  • BEST NON-Repaint MT5 Indicator System FREE Download ForexCracked.com
  • X-Smart Trader MT5 Indicator FREE Download ForexCracked.com
  • XSMTRADER  MT5 Indicator FREE Download ForexCracked

2 different templates provided by Best MT5 Indicator System are for 2 different risk levels.

  • Normal_Mode (Normal Mode) –is the standard, balanced template. Moderate risk and moderate signal speed. This mode is ideal for typical day trading/swing trading.
  • Dynamic_Mode (Dynamic Mode)– is a more aggressive template. It provides faster signals with increased risk. This mode is ideal for fast day trading or scalping.
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