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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

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

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

Risk Disclosure

Financial trading, especially involving leveraged instruments such as foreign exchange, involves considerable exposure to risk of financial loss. Depending on individual circumstances, this loss may be more than the trader’s initial investment. You should therefore carefully consider your investment objectives, level of experience and risk exposure. Most importantly, do not invest money you cannot afford to lose.

It is the trader’s responsibility to fully understand the trading instruments they plan to use, the markets they are going to trade in, and any tools or systems they plan to base trading decisions on. It is recommended that they seek the advice of a professional financial advisor before undertaking any form of trading.

The software products provided by Innovative Indicators are to be used entirely at your own risk. It is recommended that any trading decisions which are based on information provided by the indicators are only made after extensive risk analysis is undertaken by the user, using methods such as back and forward testing and trading using a demonstration account. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success.

Innovative Indicators undertakes all reasonable efforts to provide high quality products, however due to the nature of software development, it cannot guarantee that any of its products are free from bugs or are fit for any purpose. It also cannot guarantee that any of its products will result in any minimum level of performance when used.

The user of the software products provided by Innovative Indicators agrees to accept all risk and responsibility associated with the use of the software. Innovative Indicators cannot be held liable for any loss or damage, be they financial or otherwise, which may be caused by the use of the software.

FXCM and TradeStation are independent legal entities and are not affiliated with Innovative Indicators. FXCM and TradeStation do not endorse any product or service described on this website. Innovative Indicators acts as a developer for FXCM and TradeStation and their platforms are able to support Innovative Indicator’s apps.