Day: October 11, 2020

RSI Divergence indicator for Metatrader 4

BySmart Trader October 11, 2020 0 Comments
Download the Indicator Relative Strength Indicator is leading indicator for a trend change and usually it anticipates a change in the trend. When divergence arises between RSI indicator and the price it means that trend is close to a reversal.  Even if the RSI divergence Indicator is a good alert for a change in the price direction, nevertheless the divergence is not so good in indicating the...

Moving averages CrossOver Indicator for Metatrader 4

BySmart Trader October 11, 2020 0 Comments
Download FREE Moving Averages Crossover Indicator Moving Average is one of the most popular indicators for trading. Moving Average is filtering out the noise from random price fluctuations. And when you add multiple Moving Averages on the same chart you can get various formations of smooth Price Action moving. With MA CrossOver Alert Indicator you will be able to see more clearly when two MA...

MACD Alert Indicator for Metatrader 4

BySmart Trader October 11, 2020 0 Comments
  Click here to download   The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator. Using MACD is one of the main Indicators for Forex trading, and it is used by all Forex traders from basic to advanced. It is calculated by subtracting  X-days EMA from the Y-days EMA. Then the signal line is plotted on the top of the Indicator to function as a trigger for buy...