Want to earn in the Market? Download free demo versions of Expert Advisors and indicators right from your terminal for testing in the Strategy Tester. Test applications in different modes to monitor the performance and make a payment for the product you want using the MQL5. Step_Stochf is a free version of the best forex scalping indicators combination calculator Step_Stoch indicator, it works only on one symbol – USDCHF.
This indicator is a trader’s tool. Step_Stoch overcomes the disadvantage of stochastic indicators – lagging. 60 minutes for H1 or after 30 minutes on M30. The indicator looks for buying and selling zones, where a deal can be opened with a minimal stop loss and a better Risk Reward Ratio.
This version works only on USDCAD! It shows a corrective wave with a fractal arrow, and also show reversal price with a cross arrow bar. Main Chart Rsi is an automated indicator for trading. It based on the RSI indicator and mean reversion. It is advised to use low spread ECN brokers. Do not launch this indicator in other pairs, only in recommended ones. Recommended working pairs: AUDCAD, NZDCAD, AUDNZD, EURCHF.
The indicator provides High Low prices and current price position. It shows resistance and supports level easily. It is working on all symbols. Please enter symbols’ name in indicator properties window.
If you enter part of the symbol name, the program completes for you. Easy Resistance and Support levels detection. Reversals allow traders to spot clusters of support and resistance, as well as gaps in the market. They are generated from highs and lows and can only be confirmed on a closing basis. Gaps are essentially the lack of support and resistance, and it is where one can catch big price moves with low risk. When a price reversal is formed, then, in theory, price should move to the next level – filling the gap. The arrows are not redrawn and not backpainted.
The arrow appears immediately after a 4-hour candle is completed. Indicator developed by me to use custom Moving Average and characteristics of Relative Strength in one line. If you have any questions about the indicator, your comments are welcome. MRS features Works for all timeframes. Settings are changeable as a user needs. Recommend to use this product on smaller timeframes: M5, M15.
This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows Currency RSI Scalper Free to adapt to the ever-changing market. It works exceptionally well for capturing the lows in and uptrend and the highs in a downtrend. All traders had come across indicators that contain numerous input parameters that will change Buy and Sell position when you change those parameters value.