SmartTemplate by ActivTrades

SmartTemplate is one of the multiple immensely useful and helpful tools offered by the competitive online broker ActivTrades. SmartTemplate is an add-on for the Metatrader 4 trading platform and it aids traders in making calculated trading decisions. 

SmartTemplate is different from most indicators on the market as it offers simple but highly effective features. This indicator calculates unique long and short trading opportunities based on chart signals and puts them in context with the respective trend strength rather than using complex mathematical formulas. SmartTemplate not only provides explicit bar chart signals, it also defines the clear time frame to trade.

The indicator comes with a handbook for use that you can download from the ActivTrades website.

Learn more about SmartTemplate and request it here.

SmartPattern by ActivTrades

The competitive online broker ActivTrades offers their clients multiple incredibly helpful and practical tools that can help them improve their trading, and among them is the powerful indicator SmartPattern for MetaTrader 4 and MetaTrader 5, which automatically detects chart patterns, scans historical data to find recurrences, and generates detailed statistics about potential upcoming market movements. All this information can be easily and clearly identified on your charts, helping you save time and highlighting trade opportunities that you may otherwise miss.

SmartPattern was designed with all traders in mind, regardless of their level of experience, and as such it can be used by both beginners and experts, and it can be applied to all time-frames to increase forecast possibilities.

SmartPattern is the perfect solution for all traders that believe that history is cyclical.

Learn more about SmartPattern and request it here.

ActivTrades’ Pivot Points Indicator

Traders often use various indicators to help them make their trading decisions. Some indicators are good, others – not so much. The competitive online broker ActivTrades is offering their clients the excellent, reliable Pivot Points Indicator, which has been developed for both MT4 and MT5 platforms with three levels of support and resistance.

For example:

The lines displayed on the chart represent the Pivot Point (Orange) as well as Support and Resistance levels (Dark Blue, Maroon and Green). If the price is above the Pivot Point, the market is usually considered as bullish, whereas price below the Pivot Point is usually seen as a bearish market. Supports and resistances help determine potential reversals levels of the current market trend.

Pivot point (PP) = (High + Low + Close) / 3

Support and resistance levels are then calculated off the pivot point as follow:

First resistance (R1) = (2 x PP) - Low
First support (S1) = (2 x PP) – High

Second resistance (R2) = PP + (High - Low)
Second support (S2) = PP - (High - Low)

Third resistance (R3) = High + 2(PP - Low)
Third support (S3) = Low - 2(High - PP)

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SmartPattern

SmartPattern is an incredibly useful and helpful indicator created for the MetaTrader 4 and MetaTrader 5 platforms and it is available exclusively for the ActivTrades Live clients.

This powerful indicator does the following:

-         automatically detects chart patterns

-         scans historical data to find recurrences

-         generates detailed statistics about potential upcoming market movements

It is a versatile tool designed specifically to fit all kinds of traders, regardless of their level of experience and works on any and all chart timeframes.

For further information about SmartPattern click here.

Smart Template from ActivTrades

Do you use a lot of indicators when you trade? Personally, I do not. I discovered quite a while ago that the more indicators I use, the more complicated they are, the more confused I end up and the more mistakes I make. It’s best, I think, to use a few, simple but trustworthy indicators to help you make a decision when and how to trade. Smart Template by ActivTrades is definitely one of these indicator tools. Instead of using any complex Math formulas, it indicates long and short trading opportunities based on chart signals, not to mention that it defines a time frame to trade.

For more information you can visit this link.