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Innovative Indicators is committed to providing traders with a range of innovatively designed indicators to enhance their analysis tool kits and help them achieve their goal of trading profitably. Questions or feedback are always welcomed.

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Indicators User Guides

Support Resistance Strength Analyzer
Horizontal price levels can form powerful support and resistance zones because many traders use them.

This unique indicator analyzes historical prices to identify support and resistance zones, as well as calculates how strong they were based on how many times price had reversed at those levels.

Strengths are shown on the chart as rectangles of different color intensity. Support is green, resistance is red and blue represents zones which have recently been both support and resistance. There is an option to display the actual strength values in the zone rectangles.

The indicator also has a feature called ‘multi-zone heat map’ which gives an overview of the support/resistance areas on the chart using multiple zone sizes drawn at once.

Available from FXCM app store

SRSA indicator image

 


SRSA user manual

Innovative Indicator's Momentum
This is a specially designed version of the momentum oscillator which is smoother and easier to read than standard types. It is displayed as a histogram with colored bars which clearly identify changes in momentum.

Available FREE from FXCM app store

Momentum indicator image

 


Momentum user manual

Merged Moving Average
Two of the most commonly used moving average types used by traders are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). This can make it difficult to decide which one to use if someone wants to follow what other traders are watching.

For this reason, Innovative Indicators created a new moving average type which merges the SMA and EMA. It can be used when a midpoint between the two is precise enough for a trader.

Available FREE from FXCM app store

Merged moving average indicator image

 


MMA user manual