indicators

Divergence Detection Indicator Using MACD

Forex divergence indicator

Divergence detection indicator using MACD

Divergences are one of the most important subjects in the technical analysis

and every technical analyst need to learn them.

In this article we are going to explain a little more about divergence.

Just to remind you of the topic, you may see the following image:

 

 

 

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 Divergence detection indicator using MACD

Detecting a divergence by a trader just in time and timely can be a great use and greatly useful to get succeeded in the trades.

One of the most important oscillators which is used in detecting divergence is MACD.

In the indicator we are going to introduce it to you with the help of MACD divergences will be detected and get marked in the chart.

Trader can simply detect them by a taking a look at the chart and consider them in his analysis

 

Although divergences are strong elements in technical analysis of Forex

and financial markets, it is recommended not to rely on them solely.

 

 

Divergence Detection Indicator Using MACD
Divergence Detection Indicator Using MACD

File password: www.mt4free.ir

Download “Divergence Detection Indicator Using MACD” – Downloaded 25 times –

What is a divergence?

Divergences are generally of two types:

  • Regular divergence abbreviated as RD
  • Hidden Divergence abbreviated as HD

Regular divergence:

These divergences are simply of two types:

  • RD +: these divergences are formed in the bottoms (any time frame).
  • When Botton A is formed and indicator too form a bottom matched with bottom A and the price goes up
  • and then the price goes down and break bottom And form a bottom B whilst the indicator doesn’t break bottom
  • A when forming bottom B. for detecting these kinds of divergences we use different indicators such as MACD, RSI, CCI and..

 

 

 

How to install indicators, script expert and template:

  • To install indicator in mt4 firstly clock on “File” in metatrader tabs
  • In the opened page open the relevant file to install the template and then attach pr paste your already copied template inside
  • To install indicator or expert or script, open MQL4 folder
  • Then if you want to install any indicator copy and paste it in the indicator folder
  • if you want to install any expert copy and paste it in the expert folder
  • if you want to install any script copy and paste it in the script folder
  • close and open again your metatrader
  • in the related menu you will notice your desired indicator script and expert being added
  • all you need to do is to select your desired chart
  • and then call it by clicking on indicator expert or script you like
  • for your template, if you right click on the chart you will see your added template in the template sections which is available for you to being called

Pips Profits Trading Indicators

Pips Profits Trading Indicators

Forex scalping indicator

Pips profits trading indicators

Two indicators which specialized for scalping in the pairs with high volatilizations

Pips profits trading indicators work quite well in overall results. Remember these indicators have modifying aspect meaning they cannot be used solely but they work best accompanying other indicators and strategies as some kind of filter.

pips profits trading
pips profits trading

Files password: www.ex4forex.com

 

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How to install indicators, script expert and template:

  • To install indicator in mt4 firstly clock on “File” in metatrader tabs
  • In the opened page open the relevant file to install the template and then attach pr paste your already copied template inside
  • To install indicator or expert or script, open MQL4 folder
  • Then if you want to install any indicator copy and paste it in the indicator folder
  • if you want to install any expert copy and paste it in the expert folder
  • if you want to install any script copy and paste it in the script folder
  • close and open again your metatrader
  • in the related menu you will notice your desired indicator script and expert being added
  • all you need to do is to select your desired chart
  • and then call it by clicking on indicator expert or script you like
  • for your template, if you right click on the chart you will see your added template in the template sections which is available for you to being called

Forex Pro Indicator

Forex pro indicator

Never enter the market just by this indicator’s signal

Instead in the case your strategy issued a signal confirming this indicator’s signal direction you can then enter the market.

 

This indicator is also corrective or modifying, so you should wait for the next candle for stabilizing.

Download “Forex-Indicator-Pro.zip” Forex-Indicator-Pro.zip – Downloaded 63 times – 23 KB

How to install indicators, script expert and template:

  • To install indicator in mt4 firstly clock on “File” in metatrader tabs
  • In the opened page open the relevant file to install the template and then attach pr paste your already copied template inside
  • To install indicator or expert or script, open MQL4 folder
  • Then if you want to install any indicator copy and paste it in the indicator folder
  • if you want to install any expert copy and paste it in the expert folder
  • if you want to install any script copy and paste it in the script folder
  • close and open again your metatrader
  • in the related menu you will notice your desired indicator script and expert being added
  • all you need to do is to select your desired chart
  • and then call it by clicking on indicator expert or script you like
  • for your template, if you right click on the chart you will see your added template in the template sections which is available for you to being called

Advanced Spread Monitor Indicator

Advanced Spread Monitor Indicator

Undoubtedly the first and most important thing a trader faces on his way in his forex job is the amount of spread that he pays. These days there are more and more brokers across the world who are competing with each other to attract traders by offering lowest amounts of spreads.

But the question lies here: IS the spread these brokers claim to offer Really True? For the broker who claims that his spread begins from 0.2 pip, how much spread does this broker in fact present in average? There exist indicators that help you to monitor the spreads of brokers. There are myriad of such indicators on internet but the indicator we are introducing to you today have the features which makes it unique and incomparable to its similar types. We believe you cannot observe such features in any other kind of indicator.

Advanced Spread Monitor Indicator owns the following features:

  • The possibility to monitor the spread at any given moment
  • The possibility to monitor the highest amount of spread
  • The possibility to monitor the lowest amount of spread
  • The possibility to monitor the average amount of spread
  • The possibility to monitor the spreads in Asia, Europe and US sessions each separately
  • The possibility to monitor the spreads in any period of time (customized)

Password for the file: www.mt4free.ir

Advanced Spread Monitor Indicator

How to install the Indicators, Experts, Scripts and Templates:

In order install indicators in MT4 do the following steps:

  • Go to the menu bar above and click on “file” tab
  • From the opened menu click on “open data folder”
  • In the opened window please open the related folder to install the template. Insert your own template which you had copied it before.
  • Open MQL4 folder to install whether indicator or expert or script
  • If you want to install indicator you should copy and paste it in indicator’s folder. The process is similar for experts and scripts.
  • Close your mt4 and open it again.
  • In the related menu bar above you will see that indicator or script or expert has been now added
  • All you need to do is to select and choose your desired chart.
  • By Clicking on your preferred indicator or expert or script you can simply call it
  • For the template, if you right click on your own chart you will notice that the template you had added does exist there and you can call it too.
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