Top indicators for MetaTrader 4 based on user ratings - 54
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This indicator calculates the high / low channel that price action has been moving in, for a given currency pair and a given (parameter) number of candles. This indicator, on the one hand, is interesting because it allows you to see the "road" that price
Three Line Break - a raw of vertical rectangle, the height of which is determined by the value of price changes.
The indicator shows a messsage then the price crosses the lines, titled the "Support" and "Rezistans" on the chart.
Draws a Weekly Open Horizontal Line and Horizontal Target Line above and below the Weekly Open Line.
Indicator measures the momentary USD currency strength, using combined data from the following four USD pairs: EURUSD, GBPUSD, AUDUSD and USDJPY.
This indicator helps to find possible support/resistance areas after a trend has developed.
The indicator is shown in a histogram the MACD uptrend and downtrend uses a different way.
Three mooving average of WPR indicator, you can set the indicator period, the mooving average period and the mooving average method.
Clarity index is a purely volume based indicator which is constructed on basis of volume, range and positive/negative candle count. It reflects the strength of trend with respect to volume.
The channel indicator. It also displays the current channel levels as price labels and the type of the signal for making trading decisions.
This indicator exports the indicator values in CSV to use for MATLAB analysis with neural network, SVM, KNN, fuzzy.
This indicator plots the values of the user specified ATR period for all timeframes as a text block. The text block corner can be changed by the user.
MultiVote On Balance Indicator displays a higher resolution of trading volume activity to the regular On Balance Volume calculation.
Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels across recent N candles. By default, the maximum band is displayed with a blue line; the minimum band is displayed with a yellow line. Additionally, it can invoke a popup alert, send an email alert, or issue a notification alert when the current price (Bid) breaks recent High or Low level. All alerts can be turned off. If you use the email alert feature, do not forget to set the email settings in your MetaTrader platform's options window. Same with push-notifications. The indicator is available for both MT4 and MT5.
G channel is a channel indicator with 3 lines- a middle line representing a central tendency and 2 Upper and Lower boundaries calculated based on the past values of same indicator. Its based on the paper "Recursive Bands - A New Indicator For Technical Analysis" by Alex Grover and is a code conversion from TradingView. The channel breakout of Upper or Lower boundaries represent a new trend or trend continuation while narrowing of bands represents ranging or low volatility conditions. The channel can prove to be a good indicator of a trend direction and also a guide for trailing of stop loss. It has only 2 variables. Channel period - default set to 100. Price type.