Forex Indicators

Free Indicator that generates buy\sell signals that are based on a touch of Bollinger Bands. The indicator uses Bollinger Bands from upper time frames to produce stronger signals.

The Bounce CCI is a free indicator that generates buy\sell signals based on the Commodity Channel Index indicator (CCI). Signals are generated by cross of overbought-oversold level in the CCI.

Commodity Channel Index indicator was developed by Donald Lambert and first introduced at the 1980 issue of Technical Analysis of Stocks and Commodities. It is used to identify periods of overbought and oversold at commodities and FOREX pairs, through cycle calculation.

The Parabolic SAR is a technical indicator invented by the famous technical analyst, J. Welles Wilder. It was first presented at the popular book, New Concepts in Technical Analysis (1978) and is included in almost all trading platforms. Its main feature is that is takes time into account in calculation – which was a revolutionary concept at that time.

Bounce RSI is a buy\sell indicator based on the instant bounce RSI method described here. The entry mechanism is a touch of RSI at a ovebought-oversold level. Indicator is for MetaTrader 4.

Linear Regression Slope Indicator plots the slope of the linear regression channel. Indicator is for MetaTrader 4 trading platform.

Relative Strength Index is a popular overbought-oversold indicator, developed by the famous indicator researcher and developer J. Welles Wilder. Its basis involves comparing the up-movements and the down-movements, to identify overbought and oversold periods in prices.