Trying to improve the accuracy of their forecasts and maximize profits, traders use a wide variety of tools in their work. Some of the most popular are Forex indicators, which help in identifying signals. But there is one problematic nuance, most of the indicators are by no means perfect and have their drawbacks, such as redrawing and delay. Their presence has a negative impact on the ongoing analysis of assets and estimated returns.
To prevent such problems from affecting you, it is recommended to choose indicators from the list of the best paid and free ones - they do not have delay and redrawing, therefore they do not distort information and provide the trader with the necessary data at the right time for him.
TOP 4 best Forex indicators without delay and redrawing
Nonlagdot indicator
Nonlagdot allows you to draw blue and red dots on the chart - a change in their color indicates the direction of the market. Externally, this indicator simultaneously took something from the “Parabolic SAR”, which draws dots below or above the chart, and not on it, like Nonlagdot, and also from the “ ”, whose line forms bends in the same way, changing its direction. True, for the latter color indication is not typical.
The scope of this indicator is quite wide, in particular, it is customary to use it when practicing the NonHeiken Forex strategy.
The parameters of this indicator contain useful tools for the trader - both for changing the color of its dots and for adjusting their size, as well as a number of options for customization. The Nonlagdot indicator changes direction and color when the trend changes, so we can say with confidence that we have a pronounced trend indicator, and the main common property for this category of indicators is that they give very powerful trading signals (although they are rarely indicated).
That is why it is desirable to always have at hand a confirmation obtained with the help of other indicators or these signals.
The signal in this situation is considered to be a change in the color of the dots, in addition to which you can use something like the “Moving Average”, which will approximately double the signal if a match is observed.
Overview of the Nonlagdot indicator
T3MA is a universal indicator without redrawing and delay
The benefits of T3MA are obvious and visible to the naked eye. This indicator without redrawing is used by both novice users and highly qualified professionals, usually using it with the strategy of the same name.
It's worth noting that the T3MA requires some setup before use!
After installing it on the chart, you should immediately go to the settings and correct those parameters that are available by default. Instead of 15, set 4, and instead of 0.7 - 1.5, this will be optimal.
This indicator is very versatile in the sense that it works well with any currency pair. You can add another indicator to the indicator, which is called T3MA-Alarm - then the market entry points will also be drawn on the chart. You will see them by the characteristic arrows. When the next arrow appears, you will hear a sound signal that will notify you of this. In practice, this looks like an extremely convenient solution, because it will now become more difficult to miss the appearance of an arrow.
When to conclude transactions with this indicator? Here is one of two:
when you see the “up” arrow appear, then you need to take actions to open a buy deal
or, if the arrow rushes down, it will be necessary to open a deal aimed at selling.
It was previously mentioned that for any pair, this indicator works well and shows excellent results. However, the most optimal (due to its volatility) is the GBP/USD pair.
Overview of the T3MA strategy
THE BEST FOREX BROKERS, ACCORDING TO THE RUSSIAN RATING FOR 2019:
| | | | | |Parabolic-SAR - Forex indicator without delay and redrawing
Parabolic-SAR is one of the most popular latency free algorithms. Its developer, far from being a newcomer to the indicator market, W. Wilder has already created the famous ADX, as well as RSI. This indicator's actions are similar to the classic moving average, but there are some differences. The main one is a greater acceleration of the movement of this indicator. Also inherent in this indicator is a change in its position in relation to the price. Visually, the Parabolic-SAR is displayed directly on top of the current chart.
Depending on whether the trend is bullish or bearish, the indicator chart is located either below or above prices.
If the price overcomes the line of the current chart, then the indicator changes its direction. Price extremes for past period are the starting points for this indicator. The indicator is used in a number of strategies - a famous example is the "Happy Couple".
The indicator seems simple, but in fact, its use requires the trader to take into account some nuances. After all, not all trend reversal signals can be used to make a profit.
V simple form, you can set stop losses at the level of the end points of the indicator, which is on the chart, and sequentially transfer them to new points that appear.
Overview of the Parabolic-SAR indicator
Zero Lag Stochastic - An Effective Forex Indicator Without Lag
This highly effective oscillator was developed to provide traders with a tool with no lag at all. Unlike , of which it is a modification, for this indicator, the delay is reduced by a couple of candles (depending on which currency pair is being traded and what timeframe is used).
This and other stochastic oscillators are used by participants foreign exchange market increased demand, as they allow you to explore the oversold / overbought market, thus allowing you to identify a potential reversal point. A sharp and perpendicular intersection of levels 20 and 80 indicates a strong signal. Proximity to the horizontal indicates a possible signal error.
Reading and using information from the indicator is extremely simple:
breaking through level 20 by the blue line and simultaneously crossing the yellow line indicates the expediency of opening trades for an increase.
Crossing the red line of the level 80 from the top position to the bottom is a signal to open a deal for a fall.
The Zero Lag Stochastic indicator can be used as a simple trading strategy or as part of a combination of several algorithms. It is highly desirable to combine with indicators that can determine the strength of price fluctuations, such as ADMI and its analogues (their list is easily found on the web).
Forex indicators without delay and redrawing - is there any benefit?
As you can see, on the Internet you can find many paid and in which negative phenomena such as delay and redrawing are completely excluded or at least minimized. You can download them here or on the websites of brokers and other thematic resources, but be careful - any algorithm requires some time for the market participant to study, and some, in general, will have to be customized to fit your needs.
In order not to lose money during the “run-in” process, it is recommended to use a demo account specially designed for this purpose during the study.
Forex technical indicator is a mathematically calculated transformation of the price and volume of a financial instrument in aggregate or separately, which is capable of predicting further price changes.
The Forex indicator gives the trader the opportunity to take the right decision regarding the timely entry into the market and exit from it, as well as what position is more expedient to open in order to make a profit on Forex.
The indicator for MT4 "FOREX PARADISE" is a high accuracy indicator - a personal indicator from Guru Trading, which allows you to consistently and safely earn hundreds of points without the use of Martingale and high-risk trading methods.
The indicator is designed for 70 currency pairs in Binary Options and Forex and is guaranteed to give more than 87% exact inputs, you can use it with any broker with the MetaTrader platform.
"Trend4you" trend indicator shows a forecast of the possible trend direction, based on the analysis of the trend strength on all timeframes. The indicator reflects data on the following time frames M1, M5, M15, M30, H1, H4, D1, W1, MN.
The 10 columns represent the last 10 bars of each timeframe period. The color bar indicates its type - the red arrow is "bearish", the green arrow is "bullish" and the yellow dot is the neutral position of the trend. The right column with a checkmark contains a summary of the trend direction assessment. You should open trades in the direction of the main trend following the results of the first column. Starting from the lowest column from 0 to 9, a change in value signals a change in trend.
Works on all currency pairs. Good for manual intraday trading and scalping on the signals of the smallest timeframes. It has a very fast response to a trend change. Easy and intuitive to make trading decisions.
main feature of this news indicator is that it can be used in almost any Expert Advisor to turn trading on or off (or any other actions) during news releases.
It can also be used as a regular indicator showing news releases.
Everything is visible and clear on the chart, a very convenient and useful indicator.
The indicator has many different settings. Such as the color and type of indicator lines, allows you to display only future events, has filters by the importance of news, as well as on / off sound signal about upcoming news.
1. AutoDetectPairs (true/false). If set to true, the virtual trade monitor will check if your broker supports the original set of currency pairs or an alternate one and selects the appropriate one. If set to false, it will use alternate pairs (IBFX), but these can be overwritten by "Custom Sell Pairs" and "Custom Buy Pairs". What pairs are currently in use are shown in parentheses on the line below the "Virtual Trade Monitor" (near the upper right corner of the chart)
2. ShowJumps (true/false). If set to true, links will be shown visually as lines and arrows. This may be one of the most important features of the virtual trading monitor, as it shows how pairs move after a jump!
3. DisplayJumpInfo (true/false). If set to true the virtual trading monitor will show below the sell/buy amounts of the pair Additional information about the latest transition. Especially after the jump time has passed (eg if you don't sit in front of your computer all the time). Combined with the ShowJumps parameter, this good tool to control the movement of jumping couples.
4. ShowJumpAlert (true/false). If set to true, you will be informed of each jump via an alert box (with sound).
5. ShowBaskedBackground (true/false). If set to true, the cart indicator background will be colored red (sell pairs) and green (buy pairs). This simply gives a better visual impression and makes it easier to differentiate between the top "sell zone" and the smaller "buy zone". You can of course set it to false to turn off the background fill.
6. Custom pairs sell and buy custom pairs can only be used if AutoDetectPairs is set to false! The default is an alternate set of pairs, but you can put in your own pairs of course.
Highly profitable professional indicator for Forex.
It is used in conjunction with indicators that determine the flat.
This is a powerful weapon against losing trades.
The indicator simultaneously analyzes prices on all timeframes and gives a clear direction of price movement.
Very convenient and useful in work.
Currently, the FOREX market mainly works with four currencies: the Japanese yen, the Swiss franc, the British pound and the euro. Pallada is trading system for MetaTrader 4, designed for trading both long-term intraday trends and intra-session movements in the EUR/USD, USD/JPY, USD/CHF, EUR/JPY, CHF/JPY markets, at the request of the client, the TS can be configured for other pairs.
Xprofuter is one of the most innovative indicators on the Forex market. It displays the movement of the price chart 12 bars ahead. The accuracy with which the indicator determines the further movement is approximately 90%. But it does not give great advantages in work, but only suggests further price movement and what it will be.
How to trade with iPanel_Indicators.ex4
The iPanel indicator scans signals from multiple Forex indicators on multiple timeframes and turns everything neatly displays on the screen in the form of up and down arrows. Up - buy, down arrow - sell.
The info box can be moved to any of the 4 corners of the chart by changing the value of the "Corner" parameter from 1 to 2, 3 or 4.
What indicators do traders monitor with iPanel?
Stochastic 8, 3, 3 - iPanel shows position 2 Stochastic lines %K and %D (in the screenshot above they will correspond to %K - red and %D - blue).
When red is above blue - iPanel will show a red arrow, sell.
When red is below blue - green arrow, buy.
RSI 14 - When RSI is above 50 it will be an uptrend and a green up arrow, RSI below 50 is a downtrend and red arrows on the iPanel down.
Introduction
The Forex / Forex market is a highly profitable and high-risk means of making profit from transactions on exchange rates. The tools used in the Forex market largely determine the result foreign exchange trading Forex market participants who are clients of brokers. Each Forex Broker offers his trading terminal, however, most Forex brokers and traders agree today in their choice of MetaTrader 4 and MetaTrader 5 terminals. The ForexMoney Forum was created for those who choose a MetaTrader family terminal in their Forex trading, as well as binary options broker platforms.
Trade discussion
Forex market forecasts, independent opinions of currency market experts - you will find all this in. Forex experience is welcome, but entry and the right to participate in discussions are not prohibited for everyone, including novice traders. Exchange of views on currency movements, demonstration of one's own trading, keeping trader's diaries, development of forex strategies, mutual assistance - the main objective communication in a Forex trading forum.
Communication with brokers and traders (about brokers)
If you have a negative or positive experience with a Forex broker, please share it in our Quality Issues section. brokerage services. You can leave a review about your broker, talking about the advantages or disadvantages of trading through it. The totality of traders' reviews about brokers is a kind of rating of Forex brokers. In this rating, you can see the leaders and outsiders of the Forex trading services market.
Software for traders, trade automation
We invite traders involved in trading automation, creating Forex robots to the section where you can ask any question about MetaTrader trading platforms, publish your best practices, or take ready-made recommendations for trading automation.
Free communication on the ForexMoney Forum
Do you want to relax? Or do you not yet have the necessary qualifications to communicate in the trading sections? Then a Forex forum for. Of course, communication on topics related to the Forex market is not prohibited. Here you will find jokes about traders, cartoons on economic topics and full off-top.
Money for communication on the ForexMoney Forum
The ForexMoney forum allows you to get not only the pleasure of communication, but also a significant financial reward thanks to. Funds accrued for messages that develop the forum and arouse the interest of the forum audience can be used in Forex trading with one of the forum partners.
Thank you for choosing our forum as a place of communication!
It is difficult to name the best Forex indicators, because a lot depends on the style of work of a particular trader. One will be able to profitably work with a pair of moving averages, the second will be more suitable for Stochastic, the third will prefer Bill Williams indicators - there is no universal recipe.
The main difficulty for a beginner is to choose a Forex indicator that suits his style of work. All the abundance of algorithms is divided into several groups:
- oscillators - work in the absence of a trend;
- psychological indicators - give rather a general idea of the state of the market;
- custom - the most numerous category. This includes all those thousands of algorithms that traders create on their own, many of which are available absolutely free.
To choose, you need to clearly understand:
- for which market the selected indicator is suitable;
- the principle of its operation - what exactly it shows and how its values are calculated;
- how it is used at work.
You can download Forex indicators absolutely free of charge, and a description of the essence of their work will allow you to immediately understand exactly how they work. For each of the described algorithms, an analysis of the principle of operation, settings and recommendations for use is given. Most of the considered indicators belong to the category of custom ones, they can be used both during a trend and in flat market areas.
New Forex indicators are added regularly. It is physically impossible to describe all the new algorithms - they appear too quickly, many are worthless. Therefore, the emphasis is only on really interesting indicators.
TLB OC indicator v02
Any successful trader among the merits of his achievements will definitely name as the most important - the ability to work with levels. Correctly build them, understand how the price behaves when approaching the level and directly on it.
Chaos Signal indicator
The Chaos Signal indicator is a complex and completely independent tool that does not need any additions. With apparent chaos in the market, the latter obeys certain trends and rules. So, despite the apparent chaotic price movement, you can find weak links or market inefficiencies and go in the right direction.
ivar indicator
The iVAR indicator is a unique tool that allows a trader to visually filter out a market condition called a flat. Mathematical basis The indicator consists in determining the fractal structure of financial time series using the variation index, which allows using less data in calculations compared to the Hurst exponent. All this sounds quite threatening for a person who is far from mathematics, so that's the end of the scientific part.
Demarker indicator
The Demark indicator is very effective when a trader intends to improve the ratio of profitable and losing trades. The main advantage of such an oscillator is the ability to determine the direction of a trend movement or its change.
Vulkan Profit indicator
The Vulkan Profit indicator is an arrow indicator that gives signals from the intersections of moving averages according to the Sidus system. The moving averages themselves are not displayed on the chart, but if it is easier for you to believe the arrow signals when there are real MAs in front of your eyes, you can add them to the chart yourself.
Bollinger Squeeze indicator v9
The Bollinger Squeeze v9 indicator has nothing to do with another well-known instrument of the same name - Bollinger Bands. This is a mixture of five in one of several oscillators that can be changed by setting a single triggerType parameter.
Envelopes indicator
The Envelopes indicator is a pair of moving averages that form a channel. The indicator offset relative to the baseline is set in the settings, which allows you to adjust the channel width.
VPFx indicator
VPFx is a volume indicator that, in capable hands, can become the main strategy tool. However, it gives the best results in combination with other methods of technical analysis. VPFx is designed for use in MT4 and MT5 terminals, where there are no true volumes by default.
MBFX Timing Indicator
The author of MBFX Timing is Mustafa Belhayate from Morocco. He gained fame by winning the international tournament of traders held in 1999. The basis of the victory was an interesting channel indicator, which the developer named after himself. The effectiveness of this trading instrument made it very popular, moreover, it became part of a huge number of strategies for trading on binary options based on a trend reversal.
Forex Paradise indicator
Forex Paradise is a proprietary indicator that allows you to make huge profits due to the high number of accurate entries. The developer claims 35-85% profit per month from the deposit, while the indicator provides more than 87% of profitable trades. According to the developer, the effectiveness of this trading tool has been proven in practice, and it is enough for a trader to follow the signal arrows to enter the market.
WPR VSMark indicator
The WPR VSmark indicator is based on the classic William's Percent Range or %R. In a single application, the indicator did not have much success, since its significant shortcomings did not allow determining a trend change in a flat movement. The intersection of the lines of the indicator chart in such cases provided only erroneous signals.
Second Chart indicator
Any trading strategy has an individual set of conditions and tools that allow you to perform technical and fundamental analysis, interpret signals, and determine market entry and exit points.
It is advisable to use new Forex indicators for market analysis for the simple reason that they take into account the specifics of price changes at the current moment, as well as for the future.
As you understand, any newest Forex indicator reacts more sensitively even to minor price impulses. And this, in turn, allows market participants recognize any trend movements, and at their very beginning, in order to either enter or exit trades when the profit potential is almost exhausted.
Therefore, we invite you to study overview of the latest algorithms, which are welcomed by traders, as well as in relation to which the developers plan to implement significant updates next year that improve their work.
New indicators used in Forex trading
We will not make positive or negative feedback, regarding any algorithm, but simply describe general principle their work. owning up-to-date information, each of you will individually be able to determine for himself which indicator is best suited for your trading style. Moreover, you can download these indicators for free here. So, let's begin.
New X-Lines indicator on Forex
The Forex X-Lines indicator makes it possible to automatically, with almost 100% accuracy, identify the true levels that reflect, and no matter which of financial instruments used by traders and within what timeframe.
The X-Lines indicator makes it possible to divide technical levels into links - strong and weak. Strong levels indicate that in the past, at a given price, a huge trading volume was completely worked out (absorption of transactions was completely completed). Weak (medium) levels will indicate that at a given price, their positions were not closed in full, i.е. there was an approximate working out of the established trading volumes.
The Vetter-Volume indicator, a relatively new trading robot for Forex trading
The latest Better-Volume indicator is one of the modern VSA tools that tracks changes in the market, as well as its dependence associated with price changes. To be more precise, three prices for each of the bars - minimum, maximum and closing.
Using this algorithm, you can easily analyze trading volumes for a certain time period. Traders, having such information, can easily determine whether an impulse wave has passed or developed.
Vetter-Volume indicator graphically draws a histogram with bars of various colors and lengths. We draw your attention to the fact that the longest bars correspond to the price reversal points, the height of which is much higher than the level outlined by the moving average of the indicator.
This algorithm can work equally well on any time interval.
Among other things, the colors of the bars also have a certain meaning, remembering which you can quickly and easily navigate the current market situation and make appropriate decisions. Better Volume applies the current tick volume along with the spread (candle range), comparing their values with the previous ones (the default setting is the last 20 candles).
Better Volume, a popular Forex indicator
Latest algorithm Real Tisk Volume
Using the RTV indicator, you can determine the average volume that falls on each of the ticks. Thus, one can understand whether the current price movement will be supported by the rise in incoming trading volumes or not.
With the help of RTV, traders can directly determine the density of trading and, in addition, see and build their trading strategies based on this. To work with this algorithm, it will be most effective to use a vector approach.
Market readiness for growth is determined by:
- high average volume (with not high RTV values) surrounded by bearish candles;
- true bullish candles.
THE BEST FOREX BROKERS, ACCORDING TO THE RUSSIAN RATING FOR 2019:
| | | | | |In turn, bearish market sentiment is indicated by:
- underestimated RTV and the presence of bullish candles;
- higher RTV with a true bearish candle.
These values will be relevant for those trends that are already well defined. Under other circumstances, an increase in RTV would indicate that the market is about to reverse. It should be noted that this indicator is suitable for daily use and shows pretty good results, but it requires certain skills and knowledge from traders.
The newest Forex indicator - Triggerlines
Simple, but undeniably effective, the latest tool technical analysis Triggerlines belongs to the type of trend indicators. The main purpose of this algorithm is to show the direction of the current trend, as well as a timely warning about its possible change to the opposite.
Triggerlines are based on the usual calculation of closing prices. Simply put, this algorithm consists of two moving averages that are shifted relative to each other by a certain amount. The intersection of these moving averages with each other serves as a signal that the trend will change. Such an intersection on the chart is accompanied by a color change in the indicator lines.
The rules of the strategy are pretty simple. A buy trade should be opened when the following conditions are met:
- both red indicator lines:
- slow triggerlines are below the fast ones;
- the price is located higher than the slow triggerlines.
This is how it looks on the chart:
For sale, the transaction is opened accordingly under the opposite conditions. Stops are not placed in this strategy.
This algorithm is a successful combination of 2 middle lines indicating the direction of the trend, detecting its break, as well as the end.
Forex - Trend Magic indicator, from the list of new Forex algorithms
Another newest Forex Trend Magic indicator, like the previous one, belongs to the trend class. On the chart, this algorithm is displayed as a broken line, which changes color when the trend direction changes. Designed by Trend Magic to identify protracted trends.
The signal for determining the moments of opening positions is the change in the color of the indicator line. For example, changing the color of the indicator line from blue to red is a possible signal to open a short position. The signal to open a long position is the change in the color of the line from red to blue, i.e. it's the other way around.
In addition, the signal for the transaction is the moment when the indicator line crosses with the price. Experienced traders recommend in such cases to wait for the candle to close below the line when selling and above the line when buying.
This indicator is best suited for those traders who are late in the formation of new trends, because this algorithm will not let you miss a trend change, because. the line formed along the graph changes color.
The newest AO-Modern indicator on Forex
The AO-Modern algorithm is a modified version of the well-known MACD indicator, which is displayed in a histogram, which is divided by a line. AO-Modern, unlike MACD, has no lines at all, but looks like a regular histogram, and moves along its own zero level.
The AO-Modern algorithm is universal, so it can be used both independently and in conjunction with other Forex indicators. It should be said right away that this indicator does not have any adjustable parameters at all, except for the parameters of the thickness and color of the columns.
Histogram crossing the zero level, considered an important signal. During a good trend movement, opening trades at the moment of such an intersection can bring you quite a high profit. Due to the fact that the bars of the indicator have two shades, it combines the features of both AO-Modern and MACD.
Please note that during lateral movement this algorithm can output , for this reason it is better to use it with indicators filtering signals.
Forex indicator i-Daniella. New, versatile robot
Another new indicator that allows you to work exclusively in the direction of the trend is i-Daniella. This indicator is a simple algorithm built on and using arrows on the chart to mark signals to sell or buy. In other words, with arrows, he indicates the desired direction of entry into the market.
The ATR indicator was taken as the basis for calculations for this algorithm. In the event of a drop in market volatility and then a sharp increase, i-Daniella gives a signal to open positions in exactly the direction the price is moving. There is a high probability that this movement will continue for some time. This approach makes it possible to enter trades at the very beginning of any of the trends.
All the new Forex indicators described above can be downloaded freely and freely on the global network, moreover, they have repeatedly confirmed their effectiveness and more than once have earned the recognition of a large number of professional traders.
One more piece of advice. If you decide to include in your trading strategy any analytical device, whether described above, or another - study the principle of its operation in the most thorough way.
