Top indicators for MetaTrader 4 based on user ratings - 18
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A simple trend indicator that clearly shows the direction of the current trend. It can be used in the breakout trading systems.
Modification of the DeMarker indicator with additional color indication based on the histogram
The indicator loads as a Menu on the menu bar. Click the Symbol Menu to open or close the symbol list. Click a selected symbol to change the chart symbol.
The presented indicator plots a fully-functional tick chart similar to the standard price charts, with the ability of the analysis using all the MetaTrader features.
Previous Candle Hi-Lo is used to check the last candle multi-timeframe position relative to the current price.
The script plots one Fibo line based on the latest ZigZag. This is a remarkable tool to get rid of unnecessary work for those who constantly place Fibo grids (the majority).
The Standard Deviation Indicator (StdDev) measures the market volatility.
The MACD is not required to be present on the chart. However, if a standard MACD is attached, the divergence lines will be drawn both on the chart and in the indicator window, and the indicator will use the MACD settings.
Linear Weighted Fractal Dimension Index (ternd vs notrend filter) plus Step EMA
Draws a fibonacci study on the visible portion of your chart, and basic downtrend and uptrend lines. Shows the basic price action geometry.
The indicator shows spread-related values (spread, Bid + spread, Ask + spread, Ask + Bid + spread).
The indicator plots two Stowell patterns on the right edge of the chart: upper and lower.
This indicator is based on original RSI, but more features are added to general signals and watch the strength of the price movement. The main purpose is to general buy/sell signals using smoothed RSI and its MA.
Forex Indicator Price Movement Degrees with Trend Alerts. This indicator will write value degrees of the latest position of price at the current time frames according to the Daily price movement, and when position and condition of trend status was changed the indicator will give an alerts.
Indicator WaveMTF Bull and Bear System with Signal and Alert for MetaTrader 4 with options to display signal on the chart. with Signal and Alert, email alert, Push Notification and option to display trader info and signal.
Power of GBP indicator shows actual strength of currency GBP calculated of 7 pairs that contain GBP. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR GBP, GBP USD, GBP JPY, GBP AUD, GBP CAD, GBP NZD, GBP CHF.
This indicator Draw True Weekly Pivot Line and seven levels Up ( R1,R2,R3 ... ) and seven levels Down ( S1,S2,S3 ...).
The indicator is based on comparison of the current price to six simple moving averages with the periods 10, 20, 30, 40, 50 and 60. The values of the indicator are fixed: -100, -66, -33, 0, 33, 66, 100.
This Indicator Draws 7 Level Of monthly Fibo With Back Test. Its very power Levels
Moving Average of Oscillator is the difference between the oscillator and oscillator smoothing.
Percentage Price Oscillator displays more precise signals of divergences between prices and the value of the oscillator. It also emphasizes price extremums more precisely, it moves faster.
This indicator is an adaptation of NONLagDOT. It indicates the direction of the AMA slope without any lag. It works best when use on the 30 minutes charts.