Top indicators for MetaTrader 4 based on user ratings - 21

An evolution of John Ehlers Inverse Fisher Transform of RSI.

Correlation(strength) between eight currencies & Gold.

The multitimeframe version of the ChannelsFIBO indicator.

This is the semaphore indicator of candles that highlights the candles on the chart, which have same direction like all candles for your chosen timeframes.

This is just another version of the well known Super Trend indicator. The code is simplified but it has the same output on the chart screen.

This indicator will display the combined values of all stop losses and take profits.

This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore, it is possible to use the indicator with ATR as a filter, as well as the option to pop up an alert when a reverse trend occurs. For more information about the indicator, you can visit the product's page: https://www.mql5.com/en/market/product/6333

AVA adapts its analysis based on current market dynamics. This adaptability makes it invaluable for predicting shifts towards higher volatility or calmer periods.

Displays the difference between the long-term and short-term market sentiments relative to the price.

One of the most interesting modifications of Bollinger bands. It shows the standard deviation in the bar representation.

This indicator is based on the Jamie Saettele Going Beyond 70 and 30 system. Basically RSI crosses and ATR for entry.

Indicator Rsx

Indicator Traders Dynamic Index, helps traders to supervise the market.

The indicator is almost 2 years old. I didn't lay it out, because I had no idea of how to use it.

Draws separately Kijun and Tenkan lines with the drawing forward on a specified number of periods.

Indicator VQ bars.

This Moving Average indicator has digital filter to detect trend and flat states of the market.

Modified version of Murrey_Math_Line v2

It shows the information about 4 Moving Averages in a separate window.

This indicator, recognizing trends in an early stage, can be used to get ready for a break-out scenario.

This indicator will calculate pips wins and losses for any pair with a parsar and doji star trading strategy. You can see pip targets and losses and see if you can find a winning pair with this. 5MIN charts are the best on current settings.

This indicator is a composite of several indicators: Fibonacci, Pivot Point, ZigZag, MACD and Moving Average which are combined in this indicator.

This simple indicator will change the timeframes of the current chart with keypress.

This indicator shows trend line or channels (using the BSI Indicator).

This indicator helps to determine swing point highs and swing point lows.

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

SSH is popular indicator as it uses simply two moving averages. This version is a mylti-TF of SSH with TF change ability from screen.

A simple indicator of the floating reference center and its nearest resistance and support levels.

The indicator of channel Keltnera.

The modified version of the RBCI indicator.

The market volatility indicator.

A multi-timeframe indicator. It shows the trend direction of several time charts in a separate window.

Indicator of channels on different timeframes.

Parabolic SAR Indicator was developed for analyzing the trending markets.

Indicator of overbuying/overselling

Indicator BeginnerAlert. The code contains a highly detailed description.

A "cover" for the normalization of the indicator values.

The indicator draws the charts of the euqity and balance basing on the minute history. In such a manner you get more authentic picture of maximum rises and drawdowns.

PivotCustomTime Indicator.

BrainTrend1Sig Indicator.