Category: Explained

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Installing Custom Indicators on MT4

Abiroid’s Custom Indicators and Expert Advisors Installation Instructions Post   You can purchase Abiroid MT4 products from mql5.com store: https://www.mql5.com/en/users/apat85/seller and Abiroid Shop: https://abiroid.com/shop   If you purchase from Abiroid shop, you can download...

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Murrey Lines Explained

Murrey Lines: In forex, prices really range 70-80 percent of the time. So it is more common for price to be in a range than in a trend. It is more like, price is...

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NRTR Explained

NRTR is an amazing Indicator for finding price Trends. And for getting good areas for placing stops. NRTR Download: NRTR Components: Up Trend (Thick Blue Support Line) Down Trend (Thick Red Resistance Line) Up...

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Scalper Common Settings Explained

This post explains all common settings for my series of Abiroid Scalper Indicators which will calculate the SL/TP and show Win Rate Percentages. These indicators are not just scalpers, but are also for longer...

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Darvas Boxes Settings Explained

This post will discuss the Darvas Box Indicator. Darvas Boxes can be an increadible tool. Because they provide great signals showing when price is breaking out of a smaller range. While following the overall...

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Understanding Semafors 3LZZ

Hey guys, This post will help you understand the different terms in creating the 3LZZ Semafor (3 level zz semafors). I have used the 3LZZ_TRO_EXT.ex4 (MT4) in my examples here:   Semafors: Unlike what...

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Cross Hair Tool For Point Distances

Most of my scanners have Min/Max Distances in Points. For each different timeframes. So this blog post will be useful in understanding how to Calculate Minimum or Maximum Point distances using Cross Hair Tool...

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VolumeCandles Explained

VolumeCandles.ex4 also known as “Candles Suite” is originally created by Traderathome.   https://www.forexfactory.com/thread/540706-pvsra-price-volume-sr-analysis     Download:     Here’s the description from Traderathome:   This indicator is coded to run on MT4 Build 600+....