Free Forex Indicators

Be Forex Guru indicator

Be Forex Guru consists of a plurality of indicators, collected into one. Therefore, the analysis of its signals is very simple, because you need to follow one indicator, and not several. Be Forex Guru indicator works very well on the volatility of currency pairs and worse working in a quiet market. Therefore, using it to trade better on major currency pairs in the European session.

Characteristics of the Be Forex Guru indicator
Platform: Metatrader4
Currency pairs: Major pairs
Trading Time: European session
Timeframe: Any, recommended M30 or higher
Buy, when you see a green arrow pointing up and the green line.

Sell, when it became red down arrow and red line.

Exit when a signal reversal.

As with any other indicator Be Forex Guru is better to use as part of a trading system, and not alone.

EATA – Joint Work of The Two Oscillators

EATA indicator gives the signals to the input of the points of a trend reversal on the testimony of RSI and CCI oscillator. At the same time instead of the usual RSI uses fast RSI. The difference is that in the usual oscillator RSI its value is calculated by using the exponential method, in a fast RSI – simple relation applies.

Characteristics of EATA indicator
Platform: Metatrader4
Currency pairs: Any currency pairs (recommended Major)
Trading Time: Around the clock
Timeframe: Any
Trading rules by the EATA indicator

Crossing of the red and blue lines of the indicator are signals to buy or sell. For the convenience of the trader indicator also displays the signals to buy and sell in the form of blue and red arrows. Blue Arrow is a signal to buy, and the red signal to sell.

EATA should not be used as a self-contained source of trading signals. Much more effective is its use as a part of trend trading strategies as a filter or a set of indicators to determine the entry point into the market.

Binary Comodo – Profitable Non Repaint Indicator

Binary Comodo is very easy to use pointer indicator for binary options. The indicator is not repainted, not delayed and shows good results in trading currency pairs on binary options. It includes 3 technical indicators and trading systems based on them. Performs the entire analysis of signals and mathematical calculation of the probability of movement and shows us on the graph only the result of his calculations in the form of an arrow up or down.

Characteristics of Binary Comodo
  • Platform: Metatrader4
  • Asset: Any currency pair
  • Trading Time: European and American sessions
  • Timeframe: M5
  • Expiry: 15 minutes
Rules of trade by Binary Comodo indicator

Trade using Binary Comodo is very simple:

Buy Put on the next candle after the red arrow directed downwards
Buy Call on the next candle after the green arrow pointing upwards

Thus the method of trade binary options on the basis of the indicator Binary Comodo will be particularly useful for beginners and of course will like more experienced traders. The indicator gives a lot of good signals, but there are also false. But the ratio is roughly 75% – accurate signals, 25% – false signals (statistics are not accurate). And considering that we have a indicator with a clear signal to trade binary options, you get the most convenient and profitable trading system on the M5 timeframe.

When trading always keep in mind the most important economic news. And please refrain from trading during the 30 minutes before and after the release of important news. This will save you from unwanted losses because technical analysis is not able to take into account economic factors.

Very important! No matter how profitable was not indicator, but you must understand that 50% of success in trading depends on the broker. For a successful trade with indicator Binary Comodo requires broker that does not create delays in the opening positions and has a zero spread.