CCI Divergence
The CCI Divergence Indicator MT5 is a powerful and useful tool for Forex traders. The indicator allows traders to identify potential reversals in the market by using the Commodity Channel Index (CCI) to measure price divergence from the underlying trend. It is a great tool for traders of all levels and can be used to increase the profitability of any trading strategy.
Hurst Exponent
The Hurst Exponent Indicator for MT5 is a popular and free tool for Forex traders. The indicator works by analyzing the historical price data of a currency pair and calculating the Hurst Exponent. This number can then be used to determine whether the market is trending or ranging. It is a useful tool for traders looking to gain an edge in the Forex market.
Trend Intensity Index
The Trend Intensity Index (TII) is a popular and free Forex indicator for the MT5 trading platform. It uses a range of 0 to 100, with 0 meaning no trend and 100 representing a strong trend. The Trend Intensity Index (TII) is a powerful indicator that can help traders identify both short-term and long-term trends. The indicator is calculated by taking the difference between the current and previous bar’s closing prices and then normalizing the result. It is a popular and free indicator that is easy to use and understand.