Tag: forex review

The developers of the Color Trend FX indicator claim that it shows in the graph the exact entry points to the market, exact exit points, the maximum possible benefit of a trade (for those who make profits according to their own system for outbound offers), points behind open positions as well as detailed statistics. Statistics make it possible to choose the most cost-effective trading instruments and also to determine the potential benefits.

Overview

The indicator does not redraw your signals, is easy to configure and manage, and is suitable for beginners, advanced merchants, and professionals. Color Trend FX is just one part of the business tool portfolio that has Alexey Minkov, the developer of this indicator, and will, therefore, be continuously updated and supplemented with new features, which will be available to all users. He is a very active developer and gives an excellent after-sales service to his clients, according to the opinions contrasted by us.

Color Trend FX Features:

• Automatically determines market entry points
• Automatically determines market exit points
• Can be used in any symbol and deadlines
• Ability to track open positions
• Extended ticket statistics (separate for bids for purchase and sale)
• Email notification, terminal alerts, and push notifications functions
• The signs are not repainted
• Signs strictly on the “Bar Lock”

Main Adjustments

-Accuracydelta – precision of the input filter. The lower the value, the more “noise” the signals.

-If the rating is large, the signal may be delayed.

-Days needed for calculation – total number of days for calculation.

-If your computer is not very up-to-date on hardware, you may be able to limit the number of bars for calculations

-Show extended statistics – shows extended statistics on offers.

-Delta to Draw Arrows (in Pips) – scrolling in pips to show the signs on the chart.

Important Note

The purpose of this instrument is to show precise entry points, points for final open positions, and exit points. It also shows statistics on the potential benefit for the current instrument and the time frame. It is not advisable to trade during important news, in order to avoid false entries. Trading in a low volatility market is not recommended.

The principle of using the average profit data in the current symbol and timeframe. By analyzing different pairs and time frames, you can choose the most cost-effective pair and the right time frame for your trading style. Knowing the average benefit of the current instrument and the timeframe, you can select the average profit level for the next operations.

Conclusion

In short, we talk about a very complete indicator and it can be very useful for a beginner trader, as it is a straightforward tool to use and to understand. This indicator can be found in the MQL market in the indicators section, at a price of 60 USD, is not available for rent, but it has a demo version so you can try it out and know it before buying it.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/21331

CCI Divergence is a reasonably useful indicator in itself, but it is even more effective when used with divergence pattern trading. The CCI Divergence indicator signal is one of the most potent signals among the indicators that exist in the market. Divergences indicate a potential investment point because the directional moment does not confirm the price. A bullish divergence occurs when the underlying value makes a low, and CCI forms a higher low, showing less downtime. A bearish divergence is formed when security records a higher and the JRC forms a lower high, showing less upward momentum.

Overview

The indicator, in addition, finds hidden divergences (HD). Hidden divergences are in the direction of the trend, and are often powerful signals for trade. This indicator is very functional and can significantly improve the outcome of your trading. With this indicator we can use several time frames, although time frames below M15 are not recommended, the most recommended are H1, H4, and D1.

Method of Price Detection

The indicator detects the price pivots and checks the corresponding value of the pivots on the CCI indicator. When divergence is found (a price movement with the oscillator in the opposite direction), the indicator will draw lines on the chart and the oscillator.

Parameters that can be adjusted on the indicator include:

• ICC Period
• CCI drawing type (line or histogram)
• Color Of Lines CCI/ Bars
• Bullish divergences, (Choose a color to draw bullish divergences)
• Bassist Divergences, (Choose a color to draw bearish divergences)
• CCI lines/bar thickness
• Divergences Lines Thickness
• Divergence line style (Enter a solid, discontinuous, etc.)
• Alert (on/off)
• Divergence filter (You can choose to show regular or hidden divergences or both)
• Send Push notifications (To know when divergence occurs)

Conclusion

We are talking about a primary and very useful indicator, which can be used as a strategy by itself. Among the users’ comments, there are some dissatisfactions about the operation of the indicator in some periods of time, but the developer takes care of all the doubts and updates the versions of the indicator frequently, so it seems that the after-sales service is good. This indicator has a price of only 30 USD, and can also be rented for 12.50 USD for a period of 3 months. Also, you have a free version for your test before you buy it.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/30884

The AFX Stochastic Trendline is an indicator that draws on your screen all trends automatically and is fully customizable. The main features of this AFX Stochastic Trendline indicator are listed in this FX review.

Overview

AFX Stochastic Trendline Indicator draws the following on the stochastic indicator:

• Moving average
• Bollinger Bands
• Trendlines
• Canales
• Channels of Linear Regression

This is an indicator for MT4 that detects the most straight trend lines and automatically plots them in the graph. If you often rely on trend lines for your daily trading, this indicator will make it much easier to work with them and ease the need to detect and draw lines each time manually. The indicator shows only the most real trend lines. This means that the line will be removed from the chart if its interaction with the price is no longer expected.

The indicator does not redraw, but can change the angle of the lines when new ends occur. This is a suitable indicator for intraday and swing currency trading. The optimal time frames to work with this indicator are M15-H1.

Trend lines (TL) are a primary analysis tool, so it is compatible with any indicator and trading system. If you are a novice trader, this indicator will help you understand what a trend line is. Also, as you observe the work of the current indicator, you will learn how to draw trend lines on your own. For experienced operators, the indicator will suggest trend line options and also save a lot of time setting them.

Initially, the indicator tries to locate all possible trend lines in the graph. Then, using specific filters, it will exclude more than half of the lines found. Then the indicator checks the quality of the remaining and shows the two best trend lines in the chart. Therefore, there can only be two lines in the chart at the same time:

• Ascending line (blue)
• Descending line (orange)

How to Trade with the Trend Indicator?

Most trade techniques with trend lines can be classified into two main groups:

• Price rebound (reversal) from trend line
• Break of trend line.

Price Rebound

It has always been commented that trade with trend is the most successful. This is explained by the fact that asset prices tend to continue the trend, while a reversal is less likely. Based on the above logic, it is more favorable to open a trade next time, once the price touches the trend line. When this happens, in addition to a potentially profitable trade, you will also get the optimal risk ratio. Thus, the strategy of “TL’s price rebound” implies:

• Buy when the price has approached or has touched the rising line.
• Sell if the price has approached or touched the low line.
• Breaking the Trend Line

Finally, all trend lines will be broken. However, traders do not miss the opportunity to make a profit, even in this case. That’s why there’s a strategy of how to negotiate when the trend line breaks down.

Conditions for entering the market:

-If the downline has broken, and the price has been set above it, you must make a purchase when the price also touches the line again from the other side.

-If the ascending line has been broken, and the price has been set below it, you must make a sale if the price also touches the line again from the other side.

Conclusion

We are talking about a basic indicator, created in 2015, but quite complete, and that has a good number of users who, in general, are satisfied with it. It is recommended for all types of traders, you can find it in the MQL market for a price of 40 USD, although you also have a free trial version.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/12089

ADXS is a trend indicator, created in 2014 by Stanislav Korotky. The Mean Directional Index, or ADXS Indicator, is an indicator designed to measure the strength and direction of the market trend. The most powerful business strategies, or at least some of them, revolve around market trends, to work for or against you. If you are able to identify when a trend is forming correctly, you will be increasing the odds in your favor considerably. Just as useful as identifying a trend is measuring its strength. There are a variety of indicators that try to achieve this. ADXS is one such tool.

Overview

The ADXS Indicator is used for three purposes:

• Measuring the strength of the trend
• Find the Trend and Range
• As a filter for different trading strategies

The ADX Indicator can be used in many financial markets, such as stock exchange, Forex, CFDs, etc.

Configure ADXS Flag

The value 14 comes by default, and the traditional way of representing the ADXS is to display three lines below the main price chart.

These lines include the following:

• A thick blue line for the ADXS indicator
• A green dotted line for +DI values
• A dotted red line for -DI values

Basically, the ADXS indicator has a range of 0 to 100. Above 25 to suggest a trending market. Below 20 to suggest that there is no trend or that it is weak.
As you can see, these premises leave you in limbo with values between 20 and 25. For this reason, many technical analysts use the 25 as the key level between the existence of trend and not.

How to interpret the ADX indicator to measure trend strength:

-The ADXS directional system can also measure the change in market sentiment by following changes in price range.

-The current maximum is above the previous maximum, the ADXS indicator suggests that the market is more optimistic than before.

-If the current minimum is lower than the previous minimum, the ADXS indicator suggests that the market is now lower than before.
You can enter these levels manually within the properties of the indicator.

Conclusion

The ADX indicator is a real guide to the strength and direction of the trend. It uses the directional components + DI and – DI.
As a reminder, even if + DI, – DI, and ADXS are displayed simultaneously on the MT4 trading platform, the ADXS indicator for MT4 is a delay indicator. This means it does not indicate a trend until it starts, so you can miss good market entries.

The best way to use this ADX technical indicator is to use it as:

• A method to confirm an ongoing trend.
• Complementary tool, together with other analytical measures.

Therefore, whatever your trading style, you can trade a trading strategy with the ADXS flag. There are many similar indicators in the market, we have already analyzed some. We believe that a trend indicator, supplemented by other indicators, is a good option. This indicator does not have many user reviews, but the ones there are positive. If you want to purchase this indicator, you can find it on the MQL market for only 11.95 USD, and you also have a free trial.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/5052

Average Directional Movement Index, or ADX indicator, was developed in 1978. J. Welles Wilder created this indicator, which is a trend based on the moving average. In the ADX indicator, we will display 3 lines: the ADX line, the plusDI (+DI) and the minusDI (-DI). This indicator is included in Metatrader 4 and 5.

Overview

One of the keys in trading is to know if the market is developing a definite trend, bullish or bearish, or on the contrary, if the market is evolving laterally, without a clear impulse. An operator who knows how to interpret market behavior will be better able to adapt its trading strategy or, which is the same, to be able to issue the most appropriate market orders at any given time.

As is known, operating in the direction of a sharply defined trend could reduce the risk of trading and increase the potential profit.
The technical analysis has specific tools to be able to identify the market situation at any time and to be able to determine the strength of a trend.
One of the most used tools for this purpose is the ADX indicator. In fact, ADX is the indicator that is often used to confirm the formation of a market trend ultimately.

The ADX is a technical indicator within the so-called oscillators. Being an oscillator its value moves within a defined range, between 0 and 100. The most important feature to be known about the ADX is that, unlike other indicators, such as stochastic, the ADX does not identify whether a trend is bullish or bearish. What the ADX determines is the strength of a trend. Therefore, a strong upward or strongly bearish trend will present the same values in this indicator. For this reason, the ADX is the indicator used to determine whether a market is in a lateral situation, oscillating over a given range or, conversely, whether that market is starting a new trend.

The ADX calculation is based on a moving average of the expansion of an asset’s price range over a given period of time. It is usually used as a calculation period of 14 days. The ADX can be used on any product that is traded on a financial market as shares or currency pairs. The ADX is represented as a line whose values range from 0 to 100. The higher the ADX value, the stronger the price trend. Similarly, low values indicate weak trends or even no trend. The following table represents the commonly used reference values when utilizing this indicator:

Value of the ADX Strength of the trend:

• 0-25 Absence of trend
• 25-50 The strong trend
• 50-75 Very strong trend
• 75-100 Extremely strong trend

The ADX is a key indicator for adapting trading strategies at any given time. An ADX below 25 is indicative that the price of an asset is moving without a definite trend. If the ADX is kept for a time below this value, the price of the asset will likely end up oscillating within a given range, with a defined pattern. In this case, an operator can take advantage of this movement by applying range trading strategies. When the ADX is above 25, the operator will change its previous range strategy and apply the trend based trading strategy.

Conclusion

The ADX EA is a straightforward robot, ideal for a beginner trader who wants to start using an easy to understand the automated system. In addition, there is a free basic version to test the robot with the most straightforward functions. If the robot is satisfactory to the user, there is an advanced version and a Pro version at affordable prices of 29.99 and 39.99 Swiss francs, respectively.

This Forex service can be found at the following web address: https://quivofx.com/expert-advisor/adx-ea

Pyramids Trend Line is a trading indicator that was launched on the mql5 website in February of 2020 by author David Ayad. It was last updated to version 1.20 in March of 2020 to add a scanner tool.

Overview

The Pyramid Trend Line indicator combines multiple indicators in order to detect the current direction of each timeframe so that traders do not have to search for this manually. The tool also assigns a percentage to the trend to indicate the current strength of the trend. The indicator works with all timeframes and instruments on the MetaTrader 4 platform. It does not repaint, backpaint, or recalculate and informs traders of directional changes via alerts.

Directions for use are straightforward, as a green line indicates an uptrend and a red line indicates a downtrend. If the uptrend is above 60%, traders should go for the “long” buy position, while a downtrend above 60% means that traders should go for a “short” sell position.

Service Cost

The author offers three separate pricing options:

• Rent for $38 USD for one month
• Rent for $58 USD for three months
• Purchase for $120 USD

It’s possible to find indicators for around $30 on the same site, so the $38 monthly rental price is a little high when compared to other options. The indicator comes with 5 standard activations and free demo accounts are also available.

Conclusion

Pyramids Trend Line is a trading/filtering tool with two main uses; finding the current direction of each timeframe, and assigning a percentage to indicate the strength of the trend. Although 30 users have downloaded the demo version, this product remains unrated and all comments were posted by the author. Typically, we’d take a look at the author’s other products to get a better idea of his/her capabilities, but this author has only added one other product that also remains unrated.

Overall, the author’s lack of popularity, along with the higher price of this indicator are downsides, but things should function accordingly if this indicator is used with a strong strategy and risk management. Perhaps testing a demo account could be a good start.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/46682

Order Blocks Indicator was published on the mql5 website in May of 2019 by the finance specialist/forex, futures, and stock trader Carlos Forero. The indicator was most previously updated to version 1.4 in January of 2020.

Overview

The Order Blocks Indicator points out high-probability zones where the price is headed, allowing one to trade on the order’s direction on the MT4 platform. Traders can also trade retracement or breakout patterns, and identify resistance or support levels, which can be used as take profit zones. Bullish order blocks are indicated with green horizontal lines, bearish blocks are indicated in red, and green, red, and yellow arrows signal bullish/bearish signals. The indicator was designed to be used with trend and market maker patterns, and a few different products are highly recommended by the author.

Service Cost

There are three options available for renting this indicator:

• One month: $49.99 USD
• Three months: $79.99 USD
• Six months: $119.99 USD

With no option for purchasing the product outright, costs can quickly add up with the price coming to just under $240 a year. If you plan on following the developer’s advice to use one of the additionally recommended products, then you’ll be looking at extra added costs, although a couple of these products are free. The author does offer a free demo, which should be used for testing before making a purchase choice.

Conclusion

Order Blocks Indicator is useful for trading in a given order’s direction, using retracement/breakout patterns, and identifying support/resistance levels. The product has received a 5-star rating, based on the following review:

“Good. Do not trade arrow to arrow as signals, use it along with your strategy.” -Aravind

Keep in mind that this is the only review that the indicator has received. While it is an effective product, Order Blocks Indicator is best used along with other products (trend indicators, signal tools, pattern tools), and we would recommend comparing the recommended options or using a product that is already owned with this indicator.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/37616

Extract Candle Power is a trading indicator that was created by the programmer Thushara Dissanayake, who has published 57 total products on the mql5 website. The indicator was launched in November of 2017 and most previously updated to version 1.3 almost one year later.

Overview

Extract Candle Power extracts the volume of candles in real-time and allows traders to analyze the volume of previous candles in order to identify the trend. Once the volume has been extracted, traders can use the situation to determine their current position or compare with the Moving Average to find reversal points. Here are a few facts about this indicator:

-Works with the MetaTrader 4 platform, which is the most commonly available and most recommended trading platform on the market.

-Works with all timeframes, but is more accurate with higher timeframes.

-Can be used with any currency.

Traders are also given several parameters to work with, which mostly revolve around the display and sessions section, with different color choices and the ability to disable the display of certain sections.

Service Cost

Traders can rent the indicator for $20 USD for one year, or purchase it for $10 more, which is a standard price for the type of product. The developer includes 5 activations with any purchase and has also made free demo accounts available for testing.

Conclusion

Extract Candle Power identifies market trends by extracting the volume of the candles and can ultimately help traders to identify reversal points. It has received a 5-star rating that is based on the following review:

“The new update looks very good. Waiting for it. 5 stars for the effort and listening to the comments.” -Erdinc

The comments section is more filled out, but there isn’t any real information about results located there. We did notice that the author took one user’s suggestion and added the ability to rent this indicator upon request, which is a great indication that he/she is willing to listen to feedback and work with clients. Should you decide to rent/buy this product, then we would recommend choosing a broker with a low spread and practicing risk-management to help minimize losses. Forex knowledge is another crucial factor that will either help or hinder your chances of profiting when using this indicator.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/26360

Classic Keltner Channel is a trading indicator that was named after the classic ten-day moving average rule described by Chester W. Keltner. This indicator was published on July 26, 2017, by an author named Muhammed Al Bermaui, who has been trading since 1996 with multiple other published indicators in his portfolio. The indicator was recently updated to version 2.2 on March 8th of 2020.

Overview

Classic Keltner Channel is very much based off of Chester Keltner’s ten-day moving average rule, which is similar to Bollinger Bands. The indicator follows a trend that identifies reversals with channel breakouts and direction, which can signal possible price breakouts, show trends, and give overbought or oversold readings. The formula outlined on the website leads to two basic lines on the chart, the buy line, and the sell line. The indicator does not recalculate its results and works for cryptocurrencies, stocks, oil, and gold on all timeframes.

You can choose from four different color lists and receive alerts through email and mobile devices with sound. Parameters are set to the default versions that follow along with the modeled system. By default, 10 candles are used in bands calculations, the buy/sell line can separate by 1.0, the moving average type used in calculations is set at Simple Moving Average, and the Typical Price used in Line Calculations is the default. It’s possible to tweak things a bit if desired, so one doesn’t have to follow these settings exactly. There is also a buffer that will allow you to build your own expert advisors.

Service Cost

This indicator can be bought for a one-time $60 USD price or rented out at $10 per month or $30 for 3 months. While the one-time deal is the best value in the long run, those that aren’t 100% sure about this indicator could rent it for 1 month to test the results without making a large investment. There is also a free demo account, which is a good sign that the developer feels traders will see good results.

Conclusion

The developer of this indicator based the formula off of a popular moving average rule and has been trading for 20+ years himself. Even though settings can be changed, you’d need to be a fan of Chester Keltner’s formula to be a good candidate for this indicator. The demo has only been downloaded 200 times, but user reviews are slim to none. If you feel that this indicator may follow profitable guidelines, then it might be a good idea to rent it for a month in order to test it more thoroughly.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/24390

Bruce’s Price Predictor is an indicator that has been released for just over a year. It was developed by Bruce Webb and published on the mql5 marketplace, with the most recent update to version 3.0 taking place in November of 2019.

Overview

This indicator was designed to show precise price reversals on a chart in order to make it easier for traders to analyze data and make informed trading decisions. According to the developer, the predictor is highly accurate and is great for scalping and swing trading. You’ll only be able to use it on the desktop version of MT4, but the indicator works with any MT4 pair and timeframe. Buy and sell arrows are shown on the chart for entry signals and confirm entries with alerts after the close of the candle or bar. The author offers some YouTube videos that help explain in more detail as well.

Service Cost

Traders only have the option to rent this particular indicator, there’s no way to buy it outright. You can either rent for one year for $100 USD, or rent it out for one month at a price of $30 USD. It’s a tough decision, considering that renting the indicator for about 3 months equals the yearly price. A free demo is available for testing and using it may help one to decide how long to rent the indicator.

Conclusion

The developer of this indicator designed it to be beginner-friendly and to make analyzing charts easier by showing exact price reversals on charts. The demo has been downloaded more than 7,000 times. This indicator has received more feedback than many others. For example:

One user commented: “Used this indicator this week and had over 90%-win rate in trades I took. Definitely must already know how to trade price action and have a strategy for yourself in place.”

Another wrote: “Just got this indicator last night and it’s awesome. I’m up over 100 pips total on day one. I think imma use this long term.”

The majority of users chose to give this indicator a 5-star review, and unfavorable comments are few and far between. All of these are good signs that this indicator is helpful, but traders need to remember that some knowledge and time needs to be invested to profit using any indicator. This isn’t a guaranteed money maker, but many users have managed to profit using the tool.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/35531

Breakdown Flat is a trading indicator that was published to the mql5 marketplace by independent author Dmitrii Suslonov in April of 2018. It was updated to version 1.1 about four months after the initial launch date in order to upgrade alert settings.

Overview

Breakdown Flat was designed to indicate the breakout (any price movement outside a defined support & resistance area) of flat (neither rising nor declining) prices in the market. The indicator draws a channel of the flat and signals breakouts based on the comparison of the Average True Range indicator and the maximum swing for ‘n’ periods. This indicator does not redraw and can be used effectively with custom trading strategies. It can be helpful on its own or in combination with other products that are also compatible with MT4.

Service Cost

Traders can either rent the indicator for $10 USD for a one-month period or $20 for a three-month period, otherwise, one can purchase the product for the standard $30 price with 5 activations. Free demo accounts are also available to be used for testing without risking any funds.

Conclusion

The Breakdown Flat System is an indicator of flat and its breakout. The system can be rented or bought for $30 and works great in combination with other indicators or on its own. Its 5-star rating is based on 3 reviews, but the demo account seems to be more popular at 500+ downloads. Here’s what some traders are saying about this product:

“This Indicator is amazing. It allows you to identify consolidation and then the “move” follows. With other Indicators, it really does a great job!” -Marko

“This indicator can increase your win rate if you know how to use it. It is a good indicator. Far more useful than many of the indicators sold in the market.” -cvdestyfx

We agree with the above trader: this indicator can certainly be helpful for those that know what they’re doing. It’s impossible to guarantee profits with any type of indicator, but using risk-management skills and an effective trading strategy can certainly help one’s chances.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/29044

AW Trend Predictor is a trading indicator that was published to the mql5 marketplace in November of 2019 by the author Alexander Nechaev. He last updated it to version 1.20 just a few weeks after the initial launch date.

Overview

As you likely guessed, AW Trend Predictor is an indicator that follows an advanced algorithm in order to provide traders with buy signals based on predicted future trends. The algorithm determines the trend, filters out market noise, and determines entry & exit levels. Traders would then receive a buy signal when the indicator determines that the success rating is more than 70%. Signals are also recorded within the statistics module so that traders can select suitable tools that would work effectively based on signal history.

Service Cost

Traders can choose between renting the indicator for $45 for one month, or buying it outright for $85 USD. The developer includes 15 activations with the purchase. Free demo accounts are additionally provided as a more cost-effective way to test the product before deciding whether renting or buying is the better avenue.

Conclusion

AW Trend Predictor takes multiple factors into account when predicting future trends and sends buy signals when the success rating is above 70%. It hasn’t received a ton of feedback, but we did find a handful of comments from verified users.

For example:

“I’m testing – review again after a few weeks but signals over 70% are pretty solid.” -Lorant

“Very useful indicator.” -Fabrizio

You’ll find that the indicator has a 5-star rating, but this is only based on 6 reviews. Since we don’t have much feedback to work with, we’d suggest testing out the demo account before buying the full version. Price is another factor in that recommendation, as the overall cost is somewhat expensive. Still, this indicator seems to provide a simple, yet effective experience and it could help traders to profit as long as it is used wisely.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/43299

Advanced Supply Demand is a trading indicator that was added to the mql5 marketplace in February of 2017. It was published by Bernhard Schweigert, who has 12 products in his portfolio. The indicator was last updated to version 3.0 in February of 2020.

Overview

This indicator is highly suitable for supply and demand traders because it pinpoints the exact point of entry using underlying algorithms, but it is also suitable for other trading strategies and in combination with other indicators published by the developer. Here are some of the indicator’s highlights.

-Traders will be able to view double timeframes, including both the chart and the higher timeframe through the newest update.

-Works with all products and timeframes.

-A new update will allow traders to choose zone strength functions, which will allow them to tell when the zone is too strong.

-This indicator is compatible with MT4, but an identical version is available for MT5 from the same author.

There are different options for alerts, making it possible for traders to choose when they want to be notified, such as when the price enters the zone or etc.
The indicator graphically shows the strongest supply & demand zones plus how it performed in the past

Service Cost

The indicator can only be rented at a rate of $65 USD for 3 months or $85 for one year. It’s a little disappointing that traders cannot simply buy the indicator outright if desired, especially considering that the costs are a little high. On the bright side, there is a free demo available that could certainly help one to get a feel of the indicator and aid in the decision as to whether the pricing fits.

Conclusion

Advanced Supply Demand is best for supply and demand traders, as one might assume, but it also works well with other trading strategies. The indicator has recently been updated with a new formula and comes with a variety of features and settings while remaining compatible with all timeframes and products. It has received more than 200 comments and 8,000+ have downloaded the demo version. We’ve provided a couple of user comments below:

“This is the most powerful tool I have ever used on MT4! Highly recommend” -Profit_Trader

“Very useful tool. Helps me with the key levels and those alerts are really amazing.” -Costy Tube

Many users also mentioned that support is great and this indicator works in combination with other tools developed by the author quite well. Although it is a bit expensive, the multitude of 5-star reviews and positive comments make us more confident that this indicator does its job well.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/20582

RenkoMaSignals is an indicator that was added to the mql5 marketplace by Sergey Deev. It was uploaded in June of 2016 and has remained at version 1.2 since being launched.

Overview

This indicator was designed to display Renko Bars on the chart and to generate buy/sell signals based on whether the fast-moving average is above or below the slow-moving average. Automated trading is possible based on the buy/sell signals output to the indicator buffers and the indicator can work on any timeframe since Renko-bars are not bound to any timeframe. Automatic alerts are yet another feature that helps to make trading more efficient for the user.

Service Cost

It costs $30 USD to buy the indicator outright, and this comes with 5 activations. Traders also have the option to rent the tool at a lower price of $15 per month or $20 for 3 months, which makes testing possibilities more realistic. A free demo account is also available for any user that would like to use one.

Conclusion

RenkoMaSignals is one of many trading indicators that work with Renko-bars. This particular version displays buy/sell signals to aid traders in making profitable decisions. This indicator has managed to receive some online attention, with more than 500 traders testing the demo version, although there aren’t many reviews that mention how effective it was overall. Take a look at some of these comments that were left by users who purchased the product:

“This indicator uses a phenomenal amount of RAM, way too much!” -David

“Unfortunately, it reprints – it’s good for the purpose of education but you can’t count on it to make a sell or buy decision.” -sweethomeboy2

The author did respond to the latter comment stating that it does not reprint, but we did notice another user claiming that there was a problem downloading after purchase. The overall price of this indicator isn’t bad at $30, but we’d recommend testing the demo and perhaps renting for a month before making the larger deposit, based on these reviews.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/16836

Renko Bars 3in1 is an indicator that was published in the mql5 marketplace on January 17, 2018, by an author named Yuriy Shatsckiy, who has published multiple other indicators that are based on similar concepts. The current running version is 1.10. It was previously updated with a change to the formula for the construction of bars at the beginning of March of this year.

Overview

This indicator is designed for plotting Standard Renko Bars where the price is twice the size of the bar, Renko Range Bars where the price is the same, and Renko Bars with the ability to adjust the size of the bar. Renko Bars deviate from traditional charts because they are only focused on the price and don’t show timeframes, but these chart types often depict trends clearly and can make indicator-based trading simpler.

The indicator offers the ability to test indicators and experts within the tester and is compatible with the popular MetaTrader 4 platform. Parameters cover the candle size and multiplier and allow users to work with some settings for testing and other factors. The developer has included a video that guides traders through the process of installing the indicator and running tests.

Service Cost

Traders have two options cost-wise. The first option would be the buy the indicator outright for $30 USD, or to rent it for 6 months at half the price. Both prices are relatively low, so traders won’t have too much of a loss if this indicator turns out to be a dud. Still, you’ll wind up paying the overall cost after one year of renting, so buying may be a more frugal choice in the long run.

Conclusion

Although Renko Bars don’t show timeframes, some traders prefer these chart types because they can make price action and indicator-based trading easier. That being said, Renko Bars don’t exactly give you a competitive edge in the markets, but the trading strategy can be profitable if you learn to use the indicator effectively. Take a look at this user’s comment below.

“It is very profitable. I have backtested with my EA. I have found unbelievable results.” -Alessio

There aren’t many other comments that actually talk about results. This indicator was published back in 2018, but the demo has only been downloaded 175 times. There’s always going to risk involved with using indicators, so traders will need to decide if these particular risks are worth the potential rewards.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/27133

PipFinite Breakout EDGE is an indicator that was published in the mql5 marketplace on January 9th of 2019. The author Karlo Wilson Vendiola runs the PipFinite website and has published 12 products on the website thus far. The indicator was recently updated to version 3.0 to make some compatibility improvements.

Overview

This indicator was designed to operate on MT4 and claims to follow a step-by-step system that identifies the most powerful breakouts. The strategy is supposedly tested and proven to discover market patterns that can yield impressive rewards for traders. The creator outlines three easy steps for placing a trade:

• Enter a signal (the success rate must be equal to or more than 66%)
• Set stop loss
• Set take profit

The indicator then auto-detects entry, exit, stop loss, and take profit levels and auto-calculates statistics for each signal. It doesn’t repaint or recalculate. It works with all timeframes and symbols and is designed to be compatible with all Expert Advisors. The automatic calculations for statistics results are one of the highlights, as it provides more reliable data that gives out a success rate for the trade, thus giving traders the confidence they may need to follow through. The indicator also comes with a user manual and the developer has included step-by-step instructions and a YouTube tutorial video to help explain the setup process.

Service Cost

There are three separate pricing options for acquiring the indicator. Users can buy it outright for $98 USD, or rent it at a rate of $58 USD for 1 month or $88 USD for 1 year. The yearly cost of renting the indicator is only $10 less than buying, so we would recommend simply buying it if you think you’ll be using it for that long. The monthly price is rather high, but this indicator has received enough positive feedback to make it worth investing in. Note that there is a 5-time limit on the number of activations once the indicator is owned and exceeding that number would require traders to buy the software again.

Conclusion

PipFinite Breakout Edge has been on the receiving end of multiple 5-star reviews from users that have managed to turn a profit using it. Here are some examples of what consumers are saying:

“Very good indicator! Brought in profits” -disheng91

“I bought the indicator nearly one month ago. Great results, no lag, no repaint. Good job!” -yarixsegona

“This indicator is almost scarily good…I had my doubts and I wondered if this was another fake indicator with paid reviews…I was not paid for this review and I am telling you this indicator is the business! If you are skeptical like I was, just invest the monthly fee and give it a chance for one month and you will not regret it!” -mslightbourne

In fact, almost every user that commented on the thread wrote that they had good results, but some did mention that they used this indicator in combination with others. If you have a good trading strategy, then this indicator could help increase your profits greatly.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/33638

Lot Size Calculator and TPSL is an indicator that was created the equities and forex trader Han Hui Tan. It was launched in June of 2015 and most previous updated to version 1.3 the following month.

Overview

This indicator calculates order lot size, take profit price, and the stop-loss price. It has a couple of intended uses:

-Determines lot size that should be used when traders enter the money and pips they want to win.

-Automatically calculates the take profit and stop loss price when traders enter the open price plus however many pips they would like to add or subtract.

-The calculator was designed to be used on the MetaTrader 4 platform, which is the most common platform available. It can be used with multiple currency pairs but is most effective with USD based pairs.

-Traders can also choose from blue, white, green, or black color schemes.

Service Cost

The calculator can be purchased for just $10 USD. Being that it is a fairly simple indicator, we feel that this price is quite suitable. The author also offers free demo accounts for testing.

Conclusion

Lot Size Calculator and TPSL is a simple, yet effective calculator that determines lot size and take profit/stop-loss levels needed to earn a specified profit. It hasn’t received any ratings or comments, but this isn’t too worrisome, as the calculator should work effectively so long as one enters the correct details into each parameter.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/10258

Exclusive Bollinger is a trading indicator that was created by the multi-product author Evgeny Belyaev. The original version (3.0) was launched on the mql5 marketplace in July of 2017.

Overview

Exclusive Bollinger is based on the classic Bollinger Bands indicator, with some improvements. The method focuses on price and volatility, in order to identify entry and exit points, with one primary use being to identify overbought and oversold conditions. This method isn’t perfect, as it focuses on some information while ignoring other important factors that need to be considered for the trades. The developer of this indicator has made improvements to the signals so that false signals are minimized, and added in more flexible settings that make it possible to use the product with different trading strategies, especially scalping. Here are a few other key facts:

• Compatible with world’s favorite trading platform, MetaTrader 4
• EURGBP, GBPJPY, AUDNZD, EURCHF, and EURUSD
• Works on any financial instruments (Forex, CFD, binary options)
• Works on all timeframes
• Does not repaint
• Alarm notifications

Service Cost

A few separate pricing options are available:

• Rent for one month for $14 USD
• Rent for three months for $25 USD
• Purchase for $31.95 USD

Free demo accounts are also available.

Conclusion

Exclusive Bollinger makes some improvements to the classic Bollinger Bands trading strategy by minimizing false signals and adding in extra settings so that the indicator works with more trading strategies. Although this method isn’t the most reliable, other users have found great results using this product, with 5/5 users providing a 5-star rating. We found the following comments to be informative:

“It gives excellent signals; I will say at least 75% on the accurate side. I use it with Advance Stochastics to confirm. It’s excellent to pick top and bottoms! recommended!” -Rafael

“The most reliable scalping indicator I’ve come across.” -mxp1

According to these users, the product works as intended, but you may want to use an additional indicator, as recommended by the first reviewer. Exclusive Bollinger works best to identify overbought/oversold conditions, and scalping strategies work best with this indicator, although others will work as well. This indicator seems to be a good choice if it works with your trading style & strategy.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/24336

EuroSmart Pro is a trading indicator that is available on the mql5 website. As one of the most recently added products on the site, it was launched in January of 2020 and received its most previous update to version 1.22 in March of 2020. The indicator was created by professional trader Uci Sanusi.

Overview

EuroSmart Pro is a smart trend-detecting indicator with a filter that aims to eliminate false signals for more accurate results. This indicator is suitable for scalping, intraday trading, and swing trading strategies. Here are a few more key facts:

• Works on the widely used MetaTrader 4 platform
• Recommended pairs EURUSD and EURJPY
• Recommended timeframes M15, M30, H1, and H4
• Open buy, open sell, exit buy, exit sell indicated by different colors
• London market and US market trading sessions

Service Cost

The developer only allows traders to rent this indicator for $10 per month – it cannot be rented for a longer time or purchased at all. While this keeps the price low initially, traders will end up paying more than they would for a typical indicator by month 4 or 5. Perks include 20 total activations and free demo accounts.

Conclusion

EuroSmart Pro is best used for detecting trends with minimalized false signals with scalping, intraday trading, and swing trading strategies. Unfortunately, there are no ratings or reviews that tell us about other’s experiences using this product. It’s disappointing, as we were curious about how effectively the indicator performed at reducing false signals. When considering EuroSmart Pro, you’ll also want to remember that it doesn’t work with all strategies and that it is only recommended for use with a couple of pairs and certain timeframes. Another considerable fact is that is it cheap to get started, but the indicator cannot be purchased outright and will run traders $120 per year.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/45370

Pivot Points Pro is a trading indicator that was published on the mql5 marketplace in October of 2018. The author, Tsvetan Tsvetanov has never updated it from its original version.

Overview

This indicator is primarily based on the Pivot Points concept, which is centered around calculations that determine the overall trend of the market over different timeframes. This can help to give traders an idea of whether conditions are bullish or bearish and whether the price might experience support or resistance. In order to make this indicator more effective, the developer uses an improved formula that is based on volatility when calculating support & resistance levels, along with a multi-symbol scanner that can be used to detect the best conditions and to monitor a large number of symbols at once, and a built-in alert system that will allow traders to go about their daily lives without spending as much time staring at a computer screen. This indicator also allows traders to customize settings more accurately and to disable certain features that they may not like.

Service Cost

This indicator can be rented for $19 USD per month, or purchased with 6 activations for $49. Trading on the free demo account isn’t an effective way to test the indicator, as the author explains that the tester only works with one symbol at a time, making it impossible to switch between symbols or timeframes. However, she does provide a link to a limited free version of the product, which is limited to 5 symbols. The free version was created approximately one month after this product’s release, so it seems that the author released the limited version as an alternative to trading from the demo, rather than fixing the issues with the demo version.

Conclusion

This indicator uses tried and tested calculations to provide visual symbols that show traders when prices are reaching their daily highs and lows, making it a useful tool for predicting market trends and conditions. It hasn’t gained a lot of popularity. In fact, there isn’t a single review or comment, which is odd for a product that has been released for more than a year. When an indicator is good, it seems that traders flock to it, but good indicators can sometimes get lost within the sea of products that are available on the mql5 website.

If the lack of feedback makes you apprehensive, then it might be best to test the free limited version before renting or buying this indicator. If you do buy it, then we would recommend leaving the first comment so that others can read about your experience!

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/32731

Momentum Solo is a trading indicator that was published on the mql5 marketplace in June of 2015 by the author Claus Dietrich. It was last updated to version 19.51 in May of 2019.

Overview

Momentum Solo informs traders about momentum strength in the appropriate direction based on a minimum candle size and candle body in relation to the average true range, which measures market volatility. Described as a “simple momentum informer” by the author, the indicator comes with 5 different filters and allows users to set up different types of alerts.

Here are a few more facts:

• Works on the popular MetaTrader 4 platform
• Works with all instruments on timeframes M5 to D1
• Does not repaint, no cross-over signal, signal after close

The author also provides instructions for how to use the indicator, along with some helpful pointers about calculating risk-management, avoiding the market before high-impact news, and other tips.

https://youtu.be/a2VE6Q4kJQk

Service Cost

The indicator can be rented for $19 USD (one month) or purchased for $89 USD. To be fair, the purchase price is a little high for a simple indicator, and many others can be purchased for as little as $30. More than 1,000 traders have downloaded the demo version of this product, which would be a good idea before buying.

Conclusion

Momentum Solo informs traders of momentum strength and can be used with multiple timeframes and any instrument. It has received four 5-star ratings and a few positive reviews.

For example:

“Claus was very courteous, responsive, and professional after I informed him the alert function was not working properly.” -vtcpa04

“Great product and great seller, really helpful indicator.” -Pip Collecter

It’s a little worrisome to see that there was a technical problem with the alerts, but this has since been fixed in version 16.3 back in 2017. The product is a little pricey, but traders can still rent it at a lower rate. Like any other indicator, risk-management needs to be practiced, and we would recommend following the author’s advice to avoid trading before certain news hits the market and etc. for the best results.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/9564

Engulfing Bar Alert is an indicator that was published to the mql5 marketplace in October of 2018 by the author Snapdragon Systems. The current version is 1.1 and it has not received any updates since launch.

Overview

This indicator is used to mark and alert traders when Engulfing Bars form. The bars have a higher high and a lower low than previous bars. Engulfing Bars can be bullish or bearish and are used to catch potential reversals in the market, therefore having these alerts could make it easier to spot these trends without having to watch your computer screen all day. This indicator is compatible with MT4 and allows traders to choose from range engulfing, body engulfing, or both. Traders can also manage alert symbols and choose which symbol to plot to highlight an outside bar.

Service Cost

Traders will have the choice between buying this indicator for $30 USD or renting it at a rate of $10 per month. Traders can also test a demo version in order to get a better idea of whether this indicator is a good match for their trading style.

Conclusion

Engulfing Bar Alert is a good choice for traders who look for trends surrounding engulfing bars, which can catch possible reversals in the market. The indicator can be rented for as little as $10 per month and makes the trader’s job easier by eliminating the need to watch charts all day long. On the downside, the demo has been downloaded less than 100 times and it hasn’t received any comments or reviews from users. If this indicator fits with your strategy, you may want to try the demo first, or simply invest $10 into the one-month application.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/31873

Chart Clipper is an indicator that was published to the mql5 marketplace by the ISO Financial Services developer Payam Khataei in March of 2014. The indicator was last updated to version 4.32 in 2019.

Overview

This indicator is a simple organizational tool that allows traders to effectively analyze multiple charts at once. While using Chart Clipper, traders can categorize open charts, access a large number of those charts, or quickly auto-switch between them. The indicator is compatible with MT4 and runs alongside EAs and alerting indicators on PC and tablets with no issues. There is an unlimited number of chart groups and traders can categorize the charts by symbol names, timeframes, or any combination based on their personal preferences.

Service Cost

The cost of this indicator is $32 USD and it comes with a few extra activations (8 in total), but there isn’t an option for renting. The price is fairly standard and users are given the opportunity to test this indicator using a free demo account before buying.

Conclusion

Chart Clipper is a helpful tool that allows traders to organize their charts and to efficiently switch between them. Users are generally very accepting of this indicator, which has acquired a four-star rating. Take a look at what these users are saying:

“You set up your charts the way you like it for a certain group, edit the bottom label and voila they are grouped together depending on the label you gave each chart!! You can then switch between these views immediately without setting anything else up as the indicator inserts the shortcuts automatically according to the name you labeled your groups. It is really that simple, amazing programming.” -SpeedBug

“On the laptop, it is absolutely essential. There is no other way to trade charts when you really need to look at each chart periodically. It is also easier to focus on the charts when you don’t try to look at 12 all at the same time.” -Michael

While we’re confident that this EA does its job well, the bottom line is whether this simple indicator is worth its $32 price. Sure, it’s helpful, but other indicators tend to show us trends and guide users in making effective trading decisions. If cluttered charts are driving you crazy, then the price could definitely be worth the investment.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/3768

Bermaui Deviation Percent is an indicator that was published on the mql5 marketplace in July of 2017 by the author Muhammad Elbermawi, who has amassed 19 total products in his portfolio. The indicator was last updated to version 6.0 in December of 2019.

Overview

The indicator was designed to measure volatility in a percentage (rather than points) in order to make it possible to compare volatility for the same security in different timeframes. It can also compare securities from different markets in terms of percentages. The concept is to create an index based on Classic Standard Deviation that moves between 0 and 100 percent. Traders can then use the given percentage to determine if prices may move in a ranging area, as well as the beginning of ascending or descending trends. The developer throws a free Bermaui Average EA in with the indicator and all programs are compatible with the most popular trading platform MetaTrader 4.

Service Cost

The author includes three separate pricing plans; traders can rent the product at a rate of $10 USD per month or $30 for 3 months, or buy the indicator for $60 with 1,000 activations. Prices are low enough for the first month that testing is possible without making a large investment and the sheer number of activations included with purchase guarantees that traders will have access to the indicator for a lifetime. The author also offers a free demo version, which has been downloaded nearly 2,000 times so far.

Conclusion

Bermaui Deviation Percent (or BD%) is an indicator that was created to eliminate the guesswork when it comes to identifying trends. The indicator has received a 5-star rating from users, along with 100+ combined reviews and comments.

This is what some traders are saying:

“Works really great! Now I can find the trade which is really trending!” -acidtrader81

“Very nice and effective indicator for identity range and trend market” -Hefajatur

“A really good indicator! Simplifies entry on trends and avoids choppy sideways movement.” -Han

The majority of reviews mentioned how effective this indicator is. Some traders use it in combination with others, especially with the free EA that is included with the purchase. The developer is very involved with traders and has managed to create an effective product for a low cost.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/24174

Indicator iPump is a trading indicator that was published to the mql5 marketplace in July of 2019 by the multi-product author Sergei Lanin. It was last updated to version 3.10 three months after being released.

Overview

This indicator works to find the trend using an algorithm that the author has found resourceful enough to use in more than one product. It combines certain advantages that we would see in a variety of indicators, including a multi-step trend detection indicator, a levels indicator that determines support & resistance levels, an oscillator indicator that defines overbought & oversold zones, and a market screener. You’d typically find these features in separate indicators, so the fact that they are combined here makes this option both convenient and money-saving.

The indicator doesn’t repaint, is accurate, and processes incoming price data by the second. Determination of resistance and support levels is another highlight, as the indicator will identify verified levels, turning levels, and weak or untested levels. It also works on the most popular trading platform, MetaTrader 4.

Service Cost

This indicator is for sale for $40 USD. The author has combined the benefits of multiple different types of indicators into this product, so this could be a cheaper route than purchasing three or four separate products. It would be helpful if the author would allow traders to rent at a lower price, but the demo version does make testing possible.

Conclusion

Indicator iPump essentially combines four separate types of indicators into one product for a portion of the price. Using a unique algorithm, it scans the market and provides traders with a better sense of which trades to place based on the trend, support & resistance, and other factors. Overall, this indicator has received a 4 ½ star rating from the community, along with some supportive comments.

For example:

“A good comprehensive pack which helps me a lot. Recommended.” -dor2020

“It’s a useful indicator where you can see the trend, resistance, and support and also if the pairs are oversold or overbought. Great!” -Marcello

“Great indicator – using with support and resistance trading and an EA. Good support, and addresses questions/comments quickly” -mcd55

Although the product can’t be rented, the general idea behind it and the fact that others have found it to be an effective tool seems to make it worthy of its $40 price. Of course, you’ll always want to use these types of tools wisely and possibly in combination with a good EA and a reputable broker that doesn’t charge a high spread.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/39895

Linear Regression Angle MT4 is an indicator that was created by the multi-product author Vladimir Komov. The product has remained at version 1.0 since its original launch date on February 8th in 2017 and is available on the mql5 website.

Overview

This indicator was designed to define trends at the moment they are created, in addition to defining weakening trends. Linear Regression MT4 calculates the value of the linear regression and displays it in the form of a histogram, creating an angle from the signal line and the angle offset from a certain number of bars. Analyzing the output is fairly simple: an angle value above zero indicates an uptrend, while anything below zero indicates a downtrend. The higher the value in whichever direction, the stronger the uptrend/downtrend will be.

Here are a few more of its features:

• Works with any instrument or timeframe on the MT4 platform
• Never repaints or recalculates
• 3 main uses; trend indication, identifying trend strength, following the trend

Service Cost

The developer offers the following pricing options:

• Rent for $10 USD for one month
• Rent for $15 USD for three months
• Purchase for $25 USD

We can’t really complain about those prices, especially since the author offers the ability to rent at a lower rate. Note that the product allows a standard maximum of 5 activations. Free demo accounts are also available for testing.

Conclusion

Linear Regression MT4 is indicating trends from the moment of creation and pinpoints weakening trends, making it a useful tool for identifying trends, the strength of any trend, or following trends. It is also a versatile product that works with any instrument or timeframe. On the downside, this product hasn’t received any ratings or feedback – we’re fairly confident that the author knows what he’s doing, as he has published multiple other products, but many of them also remain unrated. We’d recommend playing it safe and trying out the demo account first to check for consistent results.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/19846

AnyProfile MT4 is a trading indicator that is available on the mql5 marketplace. The author, Evgeny Shevtsov has a product portfolio that includes nearly 30 separate products on the website. This particular indicator was uploaded in January of 2016 and was last updated to version 3.1 almost 3 years later in 2019.

Overview

Anyprofile MT4 is a volume profile indicator that was designed to work with the most commonly supported trading platform, MetaTrader 4. The indicator was created to display market profiles of any duration in any place on the chart. Users can simply create a rectangle on the chart, which can be resized or moved and it will automatically be filled by the profile. Traders will be able to work with input parameters, control buttons, and input variables related to the quantity limit, timing refresh, and rectangle prefix, along with some display settings.

Service Cost

The developer limits purchase options to buy at the full price of $39 USD. It’s always a little disappointing when renting options aren’t available, as traders can typically rent software at a lower rate for testing, or as an alternative, if they aren’t prepared to pay the full cost. On the bright side, demo accounts are available to help make up for the lack of renting options.

Conclusion

This indicator is a simple, yet effective MT4 profiler that comes with a rich array of settings. As always, we were curious about the experience others had with this product. Here’s what some users are saying:

“Great product, reasonable price. One of the best investments I made on this site.” -Ayman

“This indicator is a must-have tool if you work professionally.” -marco85s

“This is without a doubt the best and most useful trading tool on the MetaTrader market. If you are serious about becoming a legit trader, learning how to apply this tool to your trading technique would be the smartest thing you could do.” -Joseph

These comments more than back up the indicator’s 5-star rating and make us less concerned about the price. Judging from the comments we found, this is a must-have tool for many traders. If you’re looking for a market profile, then this just might be the one for you.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/14244