Top indicators for MetaTrader 4 based on user ratings - 13

The indicator draws a price channel using the Hodrick-Prescott Filter.

An indicator for drawing all important Pivot Points including: "Classic", "Camarilla", "Woodie", "Floor", "Fibonacci", "Fibonacci_Retracement".

This custom indicator will show you 28 pair's daily candle range, High-Low range, candle bullishness or bearishness from real tick market. So you can understand the overall market situation very short time. You can change the default timeframe from Daily to any period and default candle (bar) number from 0 to any previous number. Also you can open the required symbol by clicking the symbol button.

Calculate Pivot Points based on H1 bar, according to normal formula and Fibonacci, with color filling.

The code is based on indicator ZigZag which is in-built in MT4. I have changed it so that it isn't calculated on highest Highs and lowest Lows, but instead uses highest Close and lowest Close of chart price history. See attached chart for differences: ZigZag (red) versus ZigZagClose (yellow).

This indicator Draw True Pivot Line and seven levels Up ( R1,R2,R3 ... ) and seven levels Down ( S1,S2,S3 ...) with back test.

The indicator generates a sound signal and a Sell or Bye window appears.

An update for the BW MFI with the displaying of volumes.

Oscillator based on turnovers

This indicator shows you the trend on every timeframe simultaneously

Trigger Line Indicator.

Simple chart to display the highest and lowest values for a data series over "n" bars period.

Very fast zigzag. No suspended peaks. No wrong peaks. Designed for use in EA. Optimized peaks retrieval

This indicator gives BUY and SELL signals and entry level.

Shows the distance to assumed stop with two lines located at a predetermined distance from the current price.

The indicator points at the reverse bars based on the Profitunity system by Bill Williams excluding the angulation relative to the Alligator indicator mouth.

The Coppock indicator shows long-term opportunities for buying or selling.

This indicator plots bullish and bearish gaps, and crosses/hides closed gaps.

Simple utility that makes use of offline charts to facilitate training by enabling bar-by-bar display - both forward and backward, as well as reset to a pre-defined date/time.

Power of CHF indicator shows actual strength of currency CHF calculated of 7 pairs that contain CHF. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR CHF, USD CHF, GBP CHF, CAD CHF, AUD CHF, NZD CHF, CHF JPY.

Power of JPY indicator shows actual strength of currency JPY calculated of 7 pairs that contain JPY. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: USD JPY, EUR JPY, GBP JPY, AUD JPY, CAD JPY, NZD JPY, CHF JPY.

When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from the "standard" level.

System concept: The Donchian Channels are quite popular among the trend following systems.

Indicator RSI DeMarker Super Position

Combined MA

Trend indicator. It adapts to the history, unfortunately redraws.

Aggressiveness - the rate of price change. Volatility - the size of the channel

This indi draws renko boxes on normal TF window.

This indicator shows Flag and Pennant patterns.

MetaCOT 2 CFTC ToolBox Indicators is a set of MetaCOT 2 indicators which provides access to data from CFTC reports. MetaCOT 2 supports COT reports, Disaggregated COT, TFF and CIT. All indicators are available in source code and can be used to build your trading system.

Variance (Welford’s method for computing)

Mirror indicator with a dropdown list of base indicators to choose from with optional alerts, email, and push notifications.

The indicator colors rising and falling candlesticks.

Envelopes technical indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward.

MACD Histogram with outomatic divergent line .

Another Demark indicator.

The indicator draws candle objects in a separate window of any one of the following indicators: Percent Range, RSI, CCI, Price.

It shows the trend direction for multiple currency pairs on the current time frame.

This indicator downloads history of symbols which have open charts. It will no longer be necessary to wait for an update when switching timeframes.

The multi-timeframe version of the ChannelsFIBO_v2 indicator.