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Forex Indicators

In the Forex Indicators section we present to your attention a number of indicators, which may become indispensable tools of analysis and forecasting of price fluctuations. On this page you can find a brief description of each of our indicators, the calculating formula and information on the indicator’s practical use. All of the indicators, which are available on our website, can be downloaded and installed on the MetaTrader trading platform.

Forex indicators are the main tools of analysis movement in market prices. The indicators are very important but they are not the only link of the strategy that should lead you to success in the Forex market.

The best forex indicators are effective tools used for predicting rate, they allow you to choose the right moment to open and close positions.

This Indicator is made by LeMan. This is a binary wave indicator. Trader can make an additional trend strength indication here. That showed by colored dots based on a standard deviation algorithm. For example, when standard deviation appears on the level between dK1 and dK2 parameters values, than indicator will distribute colored dots through the moving average. And when the standard deviation increases higher than dK2 parameter, than the moving average increases too with colored dots.

This indicator shows a signal (or a trend direction), which is generated by the Beginner indicator. This signal showed in Indicator like a deal direction or trend indication (it is colored). This indicator can play audio signals and trigger alerts. The indicator will show user if the trend will be continued at the bar, which user selected. It will be showed by a right arrow. If the trend will be changed, the indicator will also show it. In this case the arrow will be diagonal.

This indicator is called PrimeLevelsBlack. It can place up to six lines. The user can choose prime levels. Data will be illustrated on the chart in the successive pattern. By the way, the pattern can be repeated as many times, as user wants. Range lines can be repeated below the initial lines, as well as above. User can also choose zero additional ranges. In this case, the initial range will automatically fill below or above the next numbers, while the price moves there.

Market Way Indicator is literally translated as "Market Road" and this name is no coincidence indicator, because it is difficult enough light on the constitution, but it has incorporated all the best features of the most rassprostranenyh oscillators, such as: MACD, Stochastic, etc.

Itrend Old is a the trend, window indicator capable to show us not only the current price movement and to determine the direction, but also to fix emergence of flat sites.

The Coppock Curve was developed by Edwin Sedgwick Coppock in 1962 and featured in the November 1994 issue of Technical Analysis of Stocks & Commodities, in the article "The Coppock Curve".


R-Squared is a linear regression method that helps quantify the strength of market trends (i.e. “trendiness of prices). The more closely prices move in a straight line over n-periods (forming a linear relationship), the stronger the trend. R-Squared values represent the percentage of price movement that can be explained by linear regression.

The Relative Momentum Index was developed by Roger Altman. It was first introduced in the February 1993 issue of Technical Analysis of Stocks & Commodities magazine. The RMI is a variation of the RSI indicator. The RMI counts up and down days from the close relative to the close x-days ago (where x is not limited to 1 as is required by the RSI) instead of counting up and down days from close to close as the RSI does.

Developed by Larry Williams, the Williams %R (pronounced "percent R") indicator is a momemtum oscillator used to measure overbought and oversold levels. It's very similar to the Stochastic Oscillator except that the %R is plotted on a negative scale from 0 to -100 and has no internal smoothing. The %R defines the relationship of the close price relative to the High-Low range over n-Periods.



Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 


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