Fx5 Divergence Trading Forex Indicator

It’ll analyze any possible divergence based on your setting, and will give you sound and visual alert when find any MACD divergence.

  • FX5_Divergence_V2_1
  • Fx5-Divergence-V4-Indicator

BUY signal: when the green UP arrow appears in the indicator window
SELL signal: when the red DOWN arrow appears in the indicator window

How to download click here

Brain Trading System 7.0

• Buy at strength and sell at weakness
• Be more than willing to take small losses
• Be more than willing to switch positions
• Stick with the big trend till BrainTrading System says to exit
• Always place stops immediately after entering a trade
• Only move stops in the desired direction
• Turn your mental power into profit

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Fourier Extrapolator The Next Signal Indicator

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Fourier Extrapolator is dynamic extrapolator based on Fourier transforms. The indicator shows the projected price movement based on the consistent calculation of the Fourier waves. This indicator refers to the type of "outrunning", which draws on the right side of the graph line (default: orange) showing the alleged price movement in the future.

Hypothesis, which served as the basis for the creation of this indicator is as follows:

    If there are three waves with the same period of consecutive, there is a high probability of occurrence of wave number 4.

Characteristics of Fourier Extrapolator indicator

    Platform: Metatrader4
    Currency pairs: All pairs
    Trading Time: Intraday
    Timeframe: Any

The calculation algorithm for the indicator:

    Built window series in which the right edge of the fixed (parameter «shift»), and the left edge of the consistently reduced (parameter «T») with a period of 1 bar
    Indications of the amplitude spectrum are made in each window
    In identifying clearly formed harmonic number 3, it is extended for the period of 1 to the future
    For more accurate prediction of construction, all found harmonics are summed
    The indicator is calculated only when it is added on the graph, it is worth protecting from new tics and bars
    For a more accurate prediction of need large launch window (setting "T"), but it will take a long calculation

Fourier Extrapolator settings:

T - the size of a window, to start the search

shift - shift relative to the forecast of zero bar to display the historical forecasts on the graph

showprofit - play balance dynamics for an imaginary trade by forecast

alert - show periods of harmonics (sounds an alarm), which form the forecast (default: false)

By increasing the parameter "T" to a few thousand, the meter of  Fourier Extrapolator reading becomes more accurate, but its calculation goes much longer than the calculation of the default (1000).

In order to evaluate the indicator on the history, need setting "shift" be changed to any positive number other than zero, but in this case the "projected" indicator properties disappear!

The main feature of Fourier Extrapolator is that he multicurrency (suitable for any currency pair). Although this indicator is designed for scalping (M1, M5), it can also be used to trade intraday. For the medium and long-term trade this indicator, unfortunately, is not suitable as it requires constant monitoring of the situation on the market.

Default Fourier Ekstrapolator configured for scalping.

In the archives Fourier_Extrapolator.rar:

    Fourier Extrapolator.tpl

How to download click here

Single Indicator - MegaFx Profit

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MegaFX Profit Indicator can be used for trading in any currency pair and any timeframe. This indicator is intended for trade intraday, but at higher timeframes (H4 and above) it can be used around the clock. MegaFXProfit intuitive indicator, therefore it can work even a novice trader.

Time Frame M5 & above
Currency: Any
TP = M5 - 15 pips, M15 - 20 pips, M30 - 25 pips, H1 - 30 pips, etc
Stop Loss : 10-15 pips

How to download click here

SAR-Simple Indicator Forex

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This Indicator is very simple and easy to use.Just follow color change.Vertical line as a Take Profit
As we know this is no repaint indicator

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TRADE BUY= green horizontal line~ TP= Vertical line

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TRADE SELL= yellow horizontal line ~ TP=vertical line

How to download click here

Overbought Oversold Color Stochastic Indicator

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File Opening Instructions:
Please,UnZip downloaded zipped file with WinZip software.
There is the Color Stochastic Indicator. Install downloaded Color Stochastic  indicator use the following steps :

Step By Step installation for MT4
1) Copy/Save the MQ4 file into your C:\Program Files\MetaTrader 4\MQL4\indicators folder
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

How to download click here

How to Choose a Good Broker

Beside Trading Skill,Capital and your own MT4 system,as a trader you might think this important point to maximize your profits.That is choosing a good Forex Broker.The best FX broker and the highest bonus make nothing if you cannot cash out your winnings.

So,Read these several criteria-choosing a good broker:
  1. Safety and Reliability
  2. The most important points in choosing a broker are security, safety and reliability of the Forex broker.One of this is regulation.Not all countries regulate the same way, nor do they have the same regulatory environment and requirements when it comes to financial registration. Therefore, it is important for any investor/trader to choose a foreign exchange broker that is based in a country where their activities are monitored by a regulatory agency. It is also important to know if the broker or dealer is regulated in an on- or off-shore country, as the latter can be more liberal with registration requirements.

  3. Transaction Costs
  4. Every time you make a trade you will have to pay a commission or a spread. Low spreads mean higher profits for you. Check and compare the spreads of various brokers for the currency pairs you want to trade.

  5. Execution
  6. Speed of execution is also critical, especially if you plan on scalping. A difference of only a few pips can make the difference between gain and loss.If there is a long delay in the execution or if you regularly get a disadvantageous exchange rate (high when buying, low when selling), it is time to find a new Forex broker.

  7. Platform
  8. Many FX brokers have developed their own software. Take a closer at the software of your broker:
    Does it have a news flow?
    What trading tools does it offer?
    Does the platform display all the information you need to trade effectively?

  9. Deposit and Withdrawal
  10. Make sure a broker's withdrawal process is effective, quick, easy.Brokers have no reason to prevent you from withdrawing your money. The only reason they keep your money for you in the first place is to facilitate trading.

  11. Customer Service
  12. It is important that the customer service is available 24 hours a day during at least five to six days per week.So make sure you pick a broker that is easy to reach when a problem comes up.

  13. Additional Services
  14. Such as offering analysis, news, signals, and even education for free.

  15. FREE Demo Account
  16. Before you trade for real money with a new FX new broker, you should familiarize yourself with the software for a long time period with a free demo account.Unfortunately, many of them offer only time-limited demo accounts, for example for 3 weeks. This is a short period of time, especially if you don’t have the time to trade foreign currencies daily.

As you can see, there is a lot to think about when choosing a broker. However, by using these simple guidelines, you should be able to narrow down the list quite a bit. A lot of it comes down to personal preference as well, and what your trading needs and wants are.But by paying attention to the important issues about regulation and capitalization as well, you can find the right broker for you.