Technical Indicators for MetaTrader 4 - 64

The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te

Colored trend indicator advanced is a trend indicator that is based on Fast Moving Average and Slow Moving Average and also uses RSI and Momentum to give a trend strength in percent. It is aimed to find more healthy trends with this indicator. This indicator can be used alone as a trend indicator. Colors (Default) Green = Uptrend (Default) Red = Downtrend No color = No trend, no good trend Indicator Parameters WarnPosTrendchange: Warns you when the trend may change. FullColor: See screenshot

Measuring the distance between two MAs can be much more powerful and reliable than waiting for crossing MAs, and then again for confirmatory setups... If you no longer want to wait for MA crosses as being too late for good entry positions, you are right with the Signal Pip Indicator. You are supposed to set an alarm for the distance between two MAs, fast & slow, whereas a 3rd confirmatory MA can be added as additional trigger & a fourth to filter out. You are able to select to be alerted when

Easy to use trend indicator. Only one adjustable parameter that does not require optimization, which is responsible for the timeframe of the second line of the indicator. It can take three values: current - the second line is not calculated, one higher - one timeframe higher that the current one, two higher - two timeframes higher than the current one. The system for determining the market direction is based on a proprietary method, which uses the two most effective standard indicators (CCi and

This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sending signals to e-mail. Parameters Period - averaging period. Apply to - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert - enable/disable alerts. EMail - enabl

The Master Pivot indicator is a very interesting generator of static levels based on historical percentage variation. The levels are completely customizable changing the input numbers. Period can also be modified to select the preferred Time Frame. The color is flexible so you can change color easily, we recommend a red color upper and lower green for a contrarian style, conversely instead for a style follower trend. This indicator used in a confluent way offers some really interesting ideas.

The Pivot Bro technical indicator is a powerful tool designed to identify retracement areas using Pivot, Fibonacci, ATR, and ADR levels. It goes beyond that by also recognizing price action based reversal candlestick patterns . Additionally, the Currency Meter is a valuable companion for assessing the true strength of major currencies. By analyzing 28 currency pairs and displaying their strength on the chart with color changes, it enables traders to make informed decisions on entry and exit poin

This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato

This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage. A huge advantage of Reversal Zone Lite is the

The indicator shows possible reversal points. It is based on several candlestick patterns + an oscillator. The indicator is easy to use: install it and watch arrows. Sell when a red arrow appears and buy when a blue arrow appears. If you set the Alert option in the indicator parameters to True, the indicator will show an alert window with information about the currency pair, on which the signal has formed. ALERT = True/False; Attention ! It is not the Holy Grail for trading, errors may happen.

This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly. This is a non-repainting MTF indicator. When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above. There is a Pop up, email, and push notification alerts for each chosen timeframe separately. The indicator place a dot on the price chart. For bullish engulfing candle

This is a ready-made strategy for binary options! Support/resistance levels are used to form a signal, while a number of built-in indicators are applied to sort out incoming signals. An arrow appears during a signal formation. If the signal is active, then the arrow remains after the close of the bar; if the signal is not strong enough, the arrow disappears. With a small number of signals and a small trading time, you will not need to sit all day at the computer, especially since you can enable

In Forex trading, the Open price of a new period is usually the same as the close price of the preceding one. If a new period opens at a price significantly different (higher or lower), this gives way to a Gap scenario. This suggests an imbalance in the price action. Price tends to move during the new period to cover the gap created. This move presents consistent buying and selling opportunities; hence potential to make profit. There are two types of Gap scenarios 'Gap Up' - Open price of the ne

ScalpingPro is a new indicator for professional traders. The indicator is a ready-made scalping strategy. The algorithm calculates a micro trend, then searches for price roll-backs and forms a short-term trading signal according to a market price. The indicator consists of a data window and a graphical signal on the chart in the form of an up or down arrow. The data window displays the current trading symbol, spread and appropriate trader's actions: WAIT, SELL and BUY . Advantages the indicato

The Vortex Indicator was inspired by the work of an Austrian inventor, Viktor Schauberger, who studied the flow of water in rivers and turbines. Etienne Botes and Douglas Siepman developed the idea that movements and flows within financial markets are similar to the vortex motions found in water. The Vortex Indicator was also partly inspired by J. Welles Wilder's concept of directional movement, which assumes the relationship between price bars gives clues as to the direction of a market. This i

This indicator shows main trend, entry zone and exit zone. This is a muti-timeframe indicator, so it is always repainting in the current period of the higher timeframe. Features Colorful Histogram: it indicates the main trend, the tomato means the market is bearish,and the sky blue means the market is bullish. Inner Blue Bands: it is entry zone for entry market, the market is relatively safe for entry. Outer Yellow Bands: it is exit zone for exit market, the market is oversold or overbought.

The Discrete wavelet transform indicator is an enhanced implementation of the numerical and functional analysis for MetaTrader 4, the discrete wavelet transform method (DWT). The specific feature of DWT is the way the wavelet is represented in the form of a discrete signal (sample). DWT is widely used for filtering and preliminary processing of data, for analyzing the state and making forecasts for the stock and currency markets, for recognizing patterns, processing and synthesizing various sign

DSProFx Momentum Indicator is a forex indicator that works based on market price momentum calculation which shows combination of two different timeframes. Concept DSProFx Momentum Indicator works in any timeframe with the main concept is giving momentum index to each candle or bar which is calculated from the Bar Volume , LookBack Period and Candle Direction (Bearish or Bullish). Formula Momentum Index = Sum (Bar Volume * Weight) / Total Weight. Features DSProFx Momentum Indicator is a sep

This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak. Note: This indicator does not show strength lines, it just shows the digital result on chart. Another version with strength lines: Currency Relative Strength Inputs BarsToCalculate - Number of bars to calculate strength. MaPeriodsToSmoothLines - Moving Average periods f

DYJ Sharp advanced algorithm that detects new trends and current trend continuations for use as an entry and exit strategy. The strategy display the SHARP trend demarcation area. This SHARP area has high HighLine and low LowLine. Falling of high below HighLine of SHARP and then falling of close below LowLine of SHARP can be interpreted as a signal to sell. Rising of close above HighLine of SHARP and then rising of low above LowLine of SHARP can be interpreted as a signal to buy. The signal for e

All patterns from Encyclopedia of Chart Patterns by Thomas N. Bulkowski in one indicator. It draws an up or down arrow whenever a pattern is identified. Patterns are selected in the drop-down list of the Pattern variable (located at the beginning of the properties window). The indicator has numerous external parameters, some of them apply to all patterns, while others are selective. To see more information on the parameters used for the selected pattern, enable the ShowHelp variable (located at

Market Trend - a comprehensive system for determining the trend direction. Analyzes the market using a formula which considers the values of multiple technical indicators and other trading strategies. IT determines not only the current trend direction, but also its movement strength. The indicator is intuitive and very easy to use. The information on the current trend direction and its movement strength are displayed on the chart. If the indicator shows "UP!" then an uptrend is currently present

DYJ TRENDWAVE features an advanced algorithm that detects new trends and current trend continuations for use as an entry strategy. DYJ TRENDWAVE's volatility is based on the power of buyers and sellers, it grabs total body size of candles and identifies the battle between buyers and sellers as a percentage of the total volume, like Sellers: (-)100% and Buyers: (+)100%. This information can be used for any entry and exit strategy. For bullish/Long Pin bar it is below the price line, for bearish/S

The indicator has the following features Predictive Trend (Histogram) - it uses an advanced predictive probability and statistics calculation plus linear regression to know the possible trend. This must be used with at least 3 timeframes for a more accurate reading of the trend: D1, H4, H1. In some cases (subjective), you may want to use M5 for a more precise reading. Velocity (Dotted Line) - Green dotted line indicates a speed of price movement upward. Red dotted line indicates a speed of price

Sign of victory is a new indicator based on three digital filters. The indicator plots three histograms in a separate window, and also draws an arrow on the price chart. Each histogram is a digital filter that converts quotes and decomposes them into trends: buy or sell. The examples of market entries using this indicator are shown on the screenshots using arrows. This indicator can help traders better assess the market situation. Sign of victory features The indicator is perfect for scalping

The indicator shows the real waves of four (selectable) timeframes on the current chart, displaying the wave structure of the market. The indicator is able to monitor the formation of waves in real time. It informs the trader when the wave of the current or higher timeframe is completely formed. It visualizes waves starting from the current timeframe and higher. Convenient and customizable visualization of the wave structure of the market. When using this indicator, there is no need to manually

This indicator is designed to help traders in determining the market entry and exit points. It is very easy to use: open s BUY deal when the up arrow appears and open s SELL deal when the down arrow appears. The indicator is based on the basic indicators (MA, MACD, RSI) as well as original algorithms. The indicator does not redraw, arrows appear when a new candle opens. Input Parameters: strength - indicator period EnableAlerts - enable/disable alerts EmailAlert - send notifications to email w

This indicator shows the current market situation relative to the price volatility channel, its external and internal boundaries, displays the last direction of the price movement. The main purpose of the indicator is to identify the trend movement and its boundaries. With a wide channel, it can be used for determining the initial price movement waves. It works on any instrument and any time frame of the chart. It works in 2 different modes: The first mode shows any changes in the channel when t

Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The data is shown in a window that you can m

This indicator displays the trend direction, the averaged price value and flat areas. It is used to determine the averaged price value with little or no delay. During a flat, its line is often smooth, and it follows the trend during a descending or an ascending movement. The best charts for the indicator are the range\renko charts, which do not have rounded borders of price changes. Various types of moving averages and certain types of digital filters were used as a prototype. Compared to variou

FutureTrade is one of the few indicators that predicts the price right on the price chart. The indicator calculation algorithm is based on the fast Fourier transform. Given the oscillatory behavior of the price, the Fourier function predicts its future behavior. The indicator should be attached in the usual way to a chart with the trading instrument specified symbol and with the M15 timeframe. This timeframe is the most optimal for working with any symbols. Once started, the indicator calculates

The objective of the Crypto-Box Indicator is to determine the most efficient entry in trends. . It works for all purposes, standing out in the main cryptocurrencies: BitCoin, LiteCoin, Ethereum and Emercoin. And in Currencies: EURUSD, USDJPY и GBPUSD. The indicator is designed to find the best conditions for financial instruments. Detects acceleration patterns in prices in areas of supports and resistances. The development team is constantly improving the functionality of the Indicator and we th

DIFF-2Pairs   detects divergences of correlated pairs considering lots balancing  (+ built-in strategy tester ). The indicator has a system for measuring the divergence of correlated pairs by various methods to estimate the value of the differential curve: the system can measure performance. statistical analysis to determine the optimal SL and TP. exporting data to a CSV file. Currently, the indicator supports the following deviations of the correlated pairs: The standard deviation is the measur

This indicator is a mathematical expression of the rate of price movement over time. Overbought and oversold market states comprise the basic concepts of the oscillator. The market is considered to be overbought when the indicator line is near its upper limit. In the oversold state, the indicator line is near the lower limit. The indicator also takes into account the crossover of lines. It notifies the user by displaying a dialog box, sending an email or push notifications to mobile terminals.

Determining the current trend is one of the most important tasks for a trader regardless of their trading style. Linear Trend can help you with this task. Linear Trend is a trend determining indicator, which uses an original calculation algorithm. The indicator is suitable for any currency pair and timeframe. It does not change its readings. The product applies three methods selected by a certain parameter and an additional modification of results. Due to the variety of settings and filters, the

The Balance Channel indicator shows changes in the dynamics of the account balance on closed deals, and also graphically displays the current result of open positions in the form of the last segment on the line. The balance line is enclosed in the boundaries of the price range, the period of which can be set by a separate parameter "Period". This option can clearly show when the drawdown reaches a given critical value. The balance line can be calculated both in the account currency and deals mad

Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r

Trading volume and volatility change for different currency pairs, depending on the movement of the clock hands. You will be able to trade more efficiently if you know which currency pairs are at the center of attention at one time or another. Timing plays a very big role when trading currencies. The indicator shows the trading sessions of the largest exchanges in the world. The operating time is displayed in the form of a countdown before the opening time and the closing time according to UTC (

Heiken Ashi Smoothed Strategy is a very simple but powerful system to get forex market trend direction. This indicator is actually 2 indicators in 1 pack, Heiken Ashi and Heiken Ashi Smoothed Moving Average both included. Because HA (Heiken Ashi) and HAS (Heiken Ashi Smoothed) are calculated in the same one system event with necessary buffers and loop only, so it is the FAST, OPTIMIZED and EFFICIENT HA having the combined indicator of MetaTrader 4. You can choose to display HA and HAS in the sam

The Relative Strength Index (RSI) was developed by J. Welles Wilder and is a momentum oscillator that identifies overbought and oversold conditions. It is also a popular choice for many traders helping them find entries into the market. How it Works The simplest way to use the Relative Strength Index is to wait for an overbought or oversold condition and then enter into a trade when the RSI indicates that price is resuming in the dominant direction of the trend. Buy signals : For the first con

The indicator displays divergence and convergence on all instruments. It works on all timeframes. After finding divergence/convergence, the indicator draws a Buy or a Sell arrow according to the detected signal.  Settings Buy - show buy signals Sell - show sell signals Divergence - show divergence on the chart Convergence - show convergence on the chart KPeriod, DPeriod, Slowing - Stochastic settings drawPriceTrendLines - draw a line (of divergence/covergence) on a price chart drawIndicatorTre

The indicator finds price accumulation areas in a specified price range and time interval. By setting time to 10-18:00 and area width to 40 points, the indicator finds the area having the specified width that was most often touched by the candles in this time interval. Until 19:00, the area within the current day can move. With the first tick from 19:00, the main area is fixed and not re-painted. If Continue zone is enabled, the area having another color is set on this level after fixing the mai

A trend indicator based on the Ichimoku Kinko Hyo and MACD. The ICloud Scalper Trend Indy is an improved variant of the Ichimoku Kinko Hyo and MACD, which shows the moment of trend following quite accurately. It is often used as a signal filter. Combination of two indicators makes a better use of these advantages: Ichimoku Kinko Hyo identifies the trend, while MACD determines the short-term movements and signals in the trend direction. Messages/Sounds (Notifications and sound settings) ON/OFF

This technical indicator automatically identifies and analyzes price action using a variety of Reversal Candlestick Patterns on the chart. It conveniently draws arrow signs along with the corresponding pattern names, making it easy to spot the latest reversal candlestick patterns. With this indicator, you can quickly identify and compare chart analysis with previously identified candle patterns. The indicator includes a range of implemented candlestick patterns, both simple and complex, such as

If you are using volume spread analysis, this system will give you a lot of help and features in your analytics. Please watch the video to see all the features. Features Bars without opening price. Easy to read volume indicator. Bar reader (Bar type - Close type - Volume type - Spread type). Daily and weekly levels (Pivot - Camarilla - Fibo). And more Indicator parameters Number_Of_Bars - Choose the number of bars you want to appear on the chart Bars_WIDTH - Choose the width of Bars, 1-2-3-4

This indicator analyzes in parallel the moving average for multiple currencies and timeframes. It sends a notification when the trends are in alignment for all timeframes. To get better assessment of the trend strength, it shows as well a ratio between the number of pips reached from the current trend and the average of pips reached from the previous trends. Features Loads automatically historical price data from broker server; Tracks all currency pairs for all timeframes in parallel; Configur

The newest indicator for binary options. The indicator looks for large market turns and gives out qualitative signals for 2 candles ahead. The indicator also works on Forex, but was developed initially under binary options. After the appearance of the arrow, you receive a notification by e-mail, PUSH notification to the phone or an allert at the terminal. Signals appear at the beginning of the new bar. Timeframe 1 hour. Expiration period 2 candles. More than 75% of signals are closed in p

This indicator is using the Central Limit Theorem in combination with historical volatility and Fibonacci ratios in order to create unique type of chart tool called Projected Volatility Distribution. This tool allows you to perform highly accurate intraday technical analysis where in a split second you can detect overbought and oversold conditions as well as strong trends. In addition you have at your disposal multi-functional panel which shows signals in real time and gives you the ability to o

Fibo Reversals is an indicator which has carefully been put together to attempt to indicate a time period in which an ongoing trend is most probably exhausted and a new trend (actually a reversal trend) inadvertently begins. At this, it should be okay for the manual trader to be on the look out for good trading opportunities. Input Settings Father Fibo  – This Input Determines The Highest Price For The Chosen Input Period. Son Fibo  - This Input Determines The Lowest Price For The Chosen Input

xCalper Triad works as a Target scanner tool. Its algorithm calculates price level areas with high precision and instantly. By default, they are automatically identified and the trader normally sets visual parameters only. Explore a new perspective in price action analysis by adding Triad to your setup and surprise yourself. Main Features Automatic & exclusive Target levels Daily candle representation in all intraday timeframes. Side panel information essential to all traders: Remaining time t

This indicator represents a trading strategy. It is based on 3 standard indicators: two moving averages (MA) and the Relative strength index (RSI). Indicator signals are generated when the moving averages intersect, while the RSI indicator is located relative to level 50. If the fast moving average is above the slow moving average while the RSI indicator is above 50, open a buy order. If the fast moving average is below the slow moving average while the RSI indicator is below 50, open a sell ord

The Reversal Alert Pro indicator is a powerful tool designed to automatically detect reversal areas in the market. It offers convenient notifications sent directly to your mobile device and displays pop-up alerts with sound. By incorporating this indicator into your trading strategy, you can effectively filter trade positions. Furthermore, the indicator provides the option to utilize CCI, RSI, and Stochastic indicators to further refine the generated signals, enhancing its versatility and applic

A trend indicator based on the Ichimoku Kinko Hyo and Candlestick. The Scanner Trend Indy is an improved variant of the Ichimoku Kinko Hyo and Candlestick, which shows the moment of trend following quite accurately. It is often used as a signal filter. Combination of two indicators makes a better use of these advantages: Ichimoku Kinko Hyo identifies the trend, while Candlestick determines the short-term movements and signals in the trend direction. Messages/sounds (notifications and sound set

This indicator displays the short-term trend direction and flat areas in the same way as the classic Heiken Ashi indicator, but it is not plotted using candles or a moving average, but rather the Skynet Moving Average indicator. Advantages no delay, or a slight delay when using the 'smooth' parameter. customizable parameters for any price data and timeframes. visualization of the flat and the short-term trend. unlike the classic Heiken Ashi indicator, the frequency of candles changing from bul

The indicator displays potential entry points on a trend, displaying buy level, sell level and golden point which will determine where to get out of the trade or trail your stops. If an entry is detected, the indicator shows and Arrow, either pointing down for Short and up for Long positions. When the golden point is passed during a trade, it will start drawing potential points for trailing, is then up to you how to manage your trade. This indicator has been built for best results on H1 Time fra

The main goal of the indicator is to determine the most optimal points of entry and exit from a trade. The indicator consists of three parts. The first one is arrows displaying the most efficient market entry/exit points. The up arrow is a buy signal, the down arrow is a sell one. The indicator contains an analytical analysis algorithm that includes a set of standard indicator readings, as well as a custom algorithm. The second part is data in the upper right corner (works on М1-D1 timeframes) o

This indicator zone indicator.Indicator displays high and low zone. Features Green color - Shows movement on the high zone. Red colr - Shows movement on the low zone. Yellow colr - Shows movement on the zero zone.    How to understand the status: If the bar is higher than the yellow color line , trend is up. If the bar is lower than the yellow color line , trend is down.

An improved version of the classic Alligator indicator by Bill Williams. Description The Alligator technical indicator is a combination of moving averages (balance lines). Blue line (Alligator Jaw) is a 13-period smoothed moving average, shifted by 8 bars into the future; Red line (Alligator Teeth) is an 8-period smoothed moving average, shifted by 5 bars into the future; Green line (Alligator Lips) is a 5-period smoothed moving average, shifted by 3 bars into the future; Purple line (Fast Gat

If you are using volume spread analysis, whether your are a beginner or an expert, this system will give you a lot of features and help in your analysis. Please watch the video to see all the features. Features With one click you will find all the VSA patterns on your chart . Bars without opening price. Easy to read volume indicator. Bar reader (Bar type - Close type - Volume type - Spread type). Daily and weekly levels (Pivot - Camarilla - Fibo). Very light on the trading platform and moving

The BinaryFiesta indicator has been developed and adapted specifically for trading short-term binary options. The algorithm of the indicator analyzes numerous factors before generating a signal. The indicator is installed in the conventional way. The indicator consists of an information window, which displays the name of the trading instrument, support and resistance levels, and the signal itself ( BUY , SELL or WAIT ). A signal is accompanied by a sound and a pop-up Alert. Advantages of the i

This indicator is designed for trading pending stop orders at the calculated levels. These levels are marked with the names “BUY STOP” and “SELL STOP”, and corresponding price labels. In addition, the indicator informs the user about the preferred trade direction using arrow, as well as other available means of notification, which can be customized. Parameters Type of Calculation - type of calculations: Price Close – based on Close prices. Price High Low – based on High and Low prices; Design

Modification of the Stochastic indicator with several types of alerts added to aid in your search for better opportunities in the market. Product Features Email Alert Sound alert Push Notification (Alerts can be sent to your mobile phone) Signs on chart Alert box Indicator Parameters Push Notification - This option enables your MetaTrader 4 to send alerts to your smartphone (IOS or Android). Email Alert - Configure your alerts to receive in your e-mail adress. SignOnChart - Enable drawing al

A trend reversal indicator based on the Candlestick Pattern. A candlestick pattern is a movement in prices shown graphically on a candlestick chart that trader can predict a particular market movement. Engulfing Pattern: A reversal pattern that can be bearish or bullish, depending upon whether it appears at the end of an uptrend (bearish engulfing pattern) or a downtrend (bullish engulfing pattern). The Engulfing Of Sparta indicator is an improved variant of the Candlestick Pattern, which shows

The Currency Strength 7 technical indicator is a powerful tool designed to help traders gauge the strength of the seven most popular currencies. By analyzing the strength of AUD, USD, EUR, GBP, JPY, CHF, and CAD, this indicator provides valuable insights into currency dynamics. It represents currency strength on the chart using lines, allowing traders to quickly assess the relative strength of different currencies. One of the standout features of this indicator is its ability to draw an extended

This is a simple indicator to show if global and local trend directions are the same. It uses two timeframes, a "local" timeframe and a higher order "global" timeframe. The indicator shows price action only and has no lag. It generates a square wave (green line), the output signal is above zero if the price tendency is bullish upward, and below zero for bearish downward tendency. The red line shows the tendency of a higher order timeframe (the global tendency). The idea is to trade long when pri

EFW Pattern Trader is a powerful pattern scanner for Forex and Stock trading. The pattern detection in EFW Pattern Trader uses the Fractal Wave Theory, which captures the endless up and down movement of the market. Therefore, EFW Pattern Trader can be considered as the robust price action indicator. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern will likely behave in the live trading. Therefore, you

This indicator displays the entry points for buying and selling, with additional push notifications. It is based on the classic Parabolic SAR indicator, price smoothing model and certain mathematical methods for a greater variability in finding market entry points. Advantages Fewer wrong entries compared to the use of classic breakout and trend confirmation indicators. Signals are not redrawn. A large number of customizable parameters. Visualization of the bullish and bearish trend. Used for i

The indicator will help you find support and resistance levels, increase the number of confirmations for stronger levels. This is not a multi-timeframe indicator that refers to the information from other timeframes. But it allows to show strong levels of support and resistance where the price respects a mark two or more times. How to trade: For smaller timeframes up to M30 I recommend at least 3 confirmations. This filters stronger levels with subsequent strong movements. For larger timeframes o

The indicator displays market entry arrows based on RSI, MFI, DeMarker, CCI and Multi Stochastic. Inputs period — values of all indicators used. Enable_Alert — audio and text notifications on a trend change. Send_Notifications — push notifications to mobile devices. E-mail alert — email notifications. Make sure to configure email parameters in the terminal settings. Features The indicator does not repaint. The indicator does not recalculate. The indicator works on all timeframes. The indicat

With the MACD Multi Time Frame indicator you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This blog post gives you real-time MACD Divergence Analysis for free and tips how to trade the divergences: Real-Time MACD Divergence Analysis The MACD Multi Time Frame gives you an very good overview of what is happening on higher timeframes without the need of switching to the higher timeframe. You will e.g. always see the MACD value of the