HELP ! Can anyone recommend a good indicator for MT4 ?

There are no perfect indicators.

You need to have a strategy + take risks.

And you will never find one. It is not the indicator that is good or bad. It is the trader's ability to be able to interpret the information and put it to good use that makes the difference.

You need to develop your knowledge and skill first and foremost. Indicators are just tools.

A carpenter and his apprentice use the same tools and work with the same materials, yet they produce completely different results.

The difference lies in the skill, experience and knowledge.

Indicators cannot trade, so obviously they will not "make money by themselves". Don't let your ignorance and naivete blind you.

You need to improve your knowledge, skill and experience. Otherwise, you will indeed become a "gambler"!

List of the best technical indicators

1. Moving Average Indicator (MA)

2. Exponential Moving Average Indicator (EMA)

3. Moving Average Convergence Divergence (MACD)

4. Relative Strength Index (RSI)

5. Percentage Price Oscillator indicator (PPO)

6. Parabolic SAR indicator (PSAR)

7. Average Directional Index (ADX)

8. Stochastic Oscillator Indicator

9. Bollinger Bands Indicators

10. Standard Deviation Indicator

11. Fibonacci Retracement Indicators

12. Williams Percent Range (%R)

13. Commodity Channel Index (CCI)

14. Ichimoku cloud indicator

15. On-Balance Volume Indicator (OBV)

16. Accumulation/Distribution Line Indicator (A/D)

17. Aroon Oscillator (AO)

You have to research each one and pick the few that suit your strategy, no two are alike.

And don't trust just 1 indicator

And don't follow too many indicators.