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Free Expert Advisors and Indicators for MetaTrader 4 - 23
Discover Azumi: Your Powerful and Simple Solution for XAUUSD Trading Success Azumi combines effective, no-nonsense technical analysis with robust risk management to help you capitalize on market opportunities. Using proven strategies like Fibonacci retracement levels and ATR-based calculations, Azumi ensures smart trade entries and exits while keeping your risk in check. Why Choose Azumi? Backtested over 14 months on XAUUSD with just $200 starting capital. Results and screenshots available for p
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KT Donchian Channel is an advanced version of the famous Donchian channel first developed by Richard Donchian. It consists of three bands based on the moving average of last high and low prices. Upper Band: Highest price over last n period. Lower Band: Lowest price over last n period. Middle Band: The average of upper and lower band (Upper Band + Lower Band) / 2. Where n is 20 or a custom period value is chosen by the trader.
Features
A straightforward implementation of the Donchian channel ble
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Простой советник основанный на сигналах индикатора Relative Strength Index (RSI) в зоне перекупленности - продаем, в перепроданности - покупаем. Моя версия всем известного "Dynamic". Я рекомендую использовать этот советник в полуавтомате.
Добавляйтесь в друзья, присылайте свои интересные стратегии. Возможно после обсуждения всех нюансов напишу советника бесплатно . Параметры: "_Slippage" - Проскальзывание; "_ Ma
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Concept
Market arranges in Time upcoming Phases according to the present Results of its Interest. Directing Modulations are an Interaction of immanent Periods, which show in Reference to Time cyclic Activity and to Price leveling Activity. PointZero is a projecting Price Mask of this Concept of Time and Price and categorizing developed Price Movements related to their own Range: how far moved ? indicating their Status by marking special Events: when which Action ? setting the Situation in a fun
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Introducing the TrendSurfer Collection: Ride the Waves of Forex Success
Are you tired of navigating the unpredictable waters of the forex market alone? Do you wish there was a way to surf the waves of currency trading with confidence and ease? Look no further than the TrendSurfer Collection—a revolutionary automated trading system designed to turn the tide in your favor.
TrendSurfer Collection gives you free access to one of the many profitable Expert Advisors from my TrendSurfer series.
Her
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The "MACD Trend Follower" is an indicator based on the MACD oscillator. It serves to spot the trend direction by giving it a fixed color until the trend changes (the trend direction colors are customizable). The default MACD settings for the indicator has been changed to adapt to the fast moving Forex market, but they can be changed to suit the trader.
Recommended settings for the indicator : - MACD Fast EMA : 8 Periods. - MACD Slow EMA : 13 Periods. - MACD SMA : 5 Periods.
Indicator inputs :
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The Supertrend Line indicator shows you the trend using calculation based on the ATR.
How does it work? The Supertrend draws a line following the current trend, this line is the result of calculation made with the ATR. A Line under the candle means a likely bullish trend A Line above the candle means a likely bearish trend
How to trade with CSL indicator Buy when the Supertrend line is below the price, Sell when the Supertrend line is above the price. It is strongly suggested to use this indic
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This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
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If you trade or wish to trade the popular HLHB Trend-Catcher System, then this indicator is for you! It detects when the HLHB system entry rules are met and sends out an alert in the form of notifications to your mobile phone and to your pc. By automatically sending you notifications, this indicator lessens your trading work load as you don't have to sit in from of your pc all day checking all the chats for when the entry rules are met. This indicator does all the dirty work for you. When the si
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Zarhards Gold EA
This EA utilises several leading indicators to create a system that chooses quality over quantity. The system uses complex algorithms to select the perfect Entry and Exit's on trades. It has a custom Entry Algorithm and 3 Dynamic Exit strategies. If you're looking for an EA for long-term, stable profits this is the one for you. This system is the result of countless hours of research. Due
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Special offer in honor of the New Year and Christmas!! https://www.mql5.com/ru/users/bossik2810
Trend Filter Pro
Trend filter indicator.
Very good filter for your trading system, I recommend to use it together with - System Trend Pro or Quantum Entry PRO
The indicator no repaint!!!
Settings:
Change the Period parameter for better filtering ( default is 90)
Any questions? Need help?, I am always happy to help, write me in private messages or
In Telegram: https://t.me/Trader35_Admin
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Emulate TradingView drawing experience with magnet snap to the nearest price.
Supported drawing tools: Vertical Line Horizontal Line Trend Line Horizontal Ray (Angle Trend Line) Fibonacci Retracement Rectangle
Input:
Threshold (px) : The distance in pixel unit to snap the crosshair to the nearest price. Crosshair color: The color of crosshair.
Feel free to write the review, request more features or report bugs.
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The indicator rely on The Toby strategy >> The mother candle which is bigger in range than the previous six candles.
A vertical line shows the last Toby Candle with the targets shown up and down. The strategy is about the closing price out of the range of the toby candle to reach the 3 targets..The most probable to be hit is target1 so ensure reserving your profits and managing your stop lose.
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Avantgarde: Grid This Expert advisor uses simple and robust grid method to place trades. simple and easy to use. https://www.mql5.com/en/signals/534678 How It Works: The EA does not use indicators but uses a math based solution to price-action. The EA will perform the same trades in any timeframe. Avantgarde Grid is equipped with money management, Autolot and DD close trade. Take care when setting the <step> as it will alter the aggressiveness. The Greater the step the less risk. Parameters Buy
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Note : New in 1.6: the indicator now exports the trade signal (but not displayed). Go long with light blue. Go short with red. Exit otherwise. Signal to be imported to your EA using iCustom. This indicator provides Best of the Best linear filter momentum oscillators that I am aware of (Low Pass Differentiators, LPD's) . All of them are recent developments by this developer, or other researchers. The oscillator line is the first buffer of the indicator, and can be called in other indicators or
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Pin bar pattern is characterized by a long upper or lower wick with a small body relative to the size of the wick with little to no lower or upper shadows. Pin bars are not to be traded in isolation , but need to be considered within the larger context of the chart analysis. A pin bar entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario.
Inputs MinimumTailPips- Minimum size of Tail in pips; TailBodyCandle- means how many times Tail grea
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OneShotFX is a scalping arrow signals type indicator, an all in one arrow system with money management and filtered signals. How to trade Buy : when up arrow prints on the chart open buy trade, set your tp and sl on colored tp and sl lines above and below the arrow signal candle. Sell: when up arrow prints on the chart open sell trade, set your tp and sl on colored tp and sl lines above and below the arrow signal candle. Why is it a good choice Plenty of signals : no need to wait for long per
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The MP Andean Oscillator is used to estimate the direction and also the degree of variations of trends. It contains 3 components: Bull component, Bear component and Signal component. A rising Bull component indicates that the market is up-trending while a rising Bear component indicates the presence of down-trending market. Settings: Oscillator period: Specifies the importance of the trends degree of variations measured by the indicator. Signal line per: Moving average period of the Signal line
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This indicator is based on Zigzag. It shows the HH, HL, LL, LH counts. This helps in finding ongoing trends. Or ranges:
Features: Show symbols for: Higher-Highs, Higher-Lows Lower-Lows, Lower-Highs And show counter for each Non-repainting option Customize Color and horizontal/vertical labels Corresponding scanner dashboard: https://www.mql5.com/en/market/product/85346
Symbols Described: HH = Higher-Highs (Current price high is more than previous high) HL = Higher-Lows (Current price low is mo
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Kalifx Local Trade Copier mt4 Kalifx Local Trade Copier replicates trades from one trading account (Master) to another (Slave) in real time. It copies opening, modifying, and closing of trades, so multiple accounts can follow the same strategy without manual intervention. It is useful for managing multiple accounts, testing strategies across different brokers, or mirroring trades between accounts.
How It Works
The EA runs in two modes using a single file. MASTER mode monitors trading activity
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Introducing the STM Trade Panel MT4, an essential utility designed specifically for traders using MetaTrader 4. This powerful tool simplifies trade execution and management, providing a streamlined experience for both novice and experienced traders seeking to enhance their trading efficiency. The STM Trade Panel MT4 offers key advantages such as one-click order placement and customizable trade settings, ensuring that users can respond quickly to market changes. Ideal for scalpers, day traders, a
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The strategy primarily uses the MACD technical indicator, always following the direction of the major trend, and opens trades when the M1 chart shows a trigger signal.
It is suitable for trading the gold XAUUSD chart and can also be applied to other commodities with clear trend performance. Parameter Description
Long/Short Switch: Turn on to enable
Account Balance: $1,000 or $10,000
For a $1,000 account, it is recommended to trade one order at a time.
For a $10,000 account, you can optionally e
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This very new indicator is able to unlock all advanced features of MetaTrader 4 (above build 600). This indicator can graphically represent the main data of the current account (balance, equity, free margin, current Profit/Loss, total Profit/Loss, amount of open position(s) & size, etc.) in an elegant way. On the chart AccountInfo graphically shows the account balance of recent days. Also all data can be filtered with MagicNumber, Order Comment, and symbol for the professional evaluation of a sp
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The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
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The goal of this indicator is to give you a quick & comprehensive view of your current profit. IceFX’s ProfitInfo is a utility indicator which displays the profit which is calculated from the actual trades on the chart(s). The indicator displays on a daily / weekly / monthly and yearly breakdown and shows the profit in pips / currency and percentage.
Main features: You can easily adjust IceFX’s ProfitInfo to display profit on the current open chart / current trade or even the profit of the enti
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SR is a support and resistance indicator, it shows major highs and lows by different colors. The color of a level is changing if the last high or low are touching it. After the closing of a bar above or below level, it will delete it. extern inputs: loop for candles / colors / drawing time *This indicator signal is not perfect and have to be used with other market analysis and confirmations.
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A simple chart player for replaying historical charts.
You can review market movements by advancing candlesticks one bar at a time. Playback can be paused during operation and resumed at any time.
[Features] Automatic playback from past to future Advances one bar at a fixed interval Pause is available during playback [Playback Specifications] Playback direction: Past → Future Playback speed: Fixed Bars moved: 1 bar per step Pause / Resume playback END to stop playback [Controls] Pause / Restar
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This EA places pending orders at the set time everyday. It is recommended for markets that trend after a breakout. Please see the youtube video to get an understanding of how the EA works. The youtube video also shows how to change the settings and optimise to get better results. It is not recommend to use this EA for ranging markets as this drastically reduces the win rate. If you encounter any issues with backtesting or EA settings you can message me on telegram for a quick response https://t.
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Counterattack EA is a fully automatic Grid Expert Advisor for Trend Scalping Trading on XAUUSD timeframe M1 but also in others.
Recommendations The Expert is programmed to work on XAUUSD M1, but you can use all others timeframes also. An ECN broker is always recommended A low latency VPS is always recommended. The recommended Leverage is 1:100 or more. The recommended capital is 10000 ($/cent) per 0.01 Lots or more. For higher Lots please test by yourself Please test Demo before you b
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Pattern Explorer is a reliable tool for applying all the power of the most popular Japanese Candlestick Patterns . It uses Machine Learning algorithms to confirm all the patterns. What is the most impressive thing about it? Select Take Profit and Stop Loss and click on “Backtest your strategy” button to backtest your strategy in real time and to see according to your selection: Total signals Testable signals (signals that are reliable to be tested) Profitable signals (%) Loss signals (%) Total p
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Fully automatic expert for Binary Options trading at Grand Capital broker https://clck.ru/3GEm6E .
I think there is no need to explain all the advantages of Binary options trading in MT4 to knowledgeable people, I will name the most important advantages: 1) No loss of precious time when switching from MT4 to broker in the browser; 2) A variety of indicators and scripts for MT4; 3) The ability to trade automatically. In most cases, the ADVISER closes the position from the first trade, but the ma
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Features:
1- Get OB/OS Levels from Golden MA Levels
2- Wait for Buy/Sell Start Level Cross
3- Optional: Should price cross Mid Level in earlier bars
4- Optional: Crossing bar High/Medium Volume
5- Optional: MA Stacked to check up/down trend for current TF
6- Optional: NRTR higher timeframes aligned Check
Detailed blog post explained: https://www.mql5.com/en/blogs/post/758457
Levels with Buffers available here: Golden MA Levels Indicator: https://www.mql5.com/en/market/product/119515 Note: Arr
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KT Drawing Tool - Pro Magnetic Snapping & MTF Auto-Coloring Stop struggling with manual alignment! Experience the ultimate precision for Price Action trading. The KT Drawing Tool is a professional assistant designed to replace the native MT4 drawing objects. It solves the common pain point of "imprecise levels" by automatically snapping your lines to the exact market prices. Whether you are trading Smart Money Concepts (SMC) , ICT , or classic Support & Resistance , this tool will significantly
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This EA trades daily breakouts placing bidirectional pending orders using the last day's trading range, provided these price levels have not been yet tested. It offers many trading behaviors and flexible position management settings, plus a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Easy to use and supervise Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN brokers Works for 2-3-4-5 dig
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Introduction RSI divergence is a main technique used to determine trend reversing when it’s time to sell or buy because prices are likely to drop or pick in the charts. The RSI Divergence indicator can help you locate the top and bottom of the market. This indicator finds Regular divergence for pullback the market and also finds hidden RSI Divergence to show continuing trend. This indicator shows divergence on the RSI that is a strong hint for an excellent entry point and finds immediately with
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Trading robot “OsloAlligator” (Version #3)
Description:
Trading robot “OsloAlligator” is an automated assistant for trading using Alligator, Fractals and ATR indicators to execute trades on the MetaTrader 4 platform. This version implements dynamic lot size calculation.
Functionality:
Strategy based on SMMA and ATR:
The robot uses SMMA and ATR to determine entry and exit points.
Alligator periods can be adjusted depending on market conditions.
ATR is used to determine volatility and sele
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A forward-looking EA that combines a Bollinger band and a parabolic indicator. Simple trading based on day trading. The maximum drawdown is a single digit, and the balance forms a clean upward trend. The stop loss value is larger than the take profit, but the winning percentage is profitable.
The maximum number of lots is 0.1. The maximum number of positions is 1. The usage time is 30M.
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The Candle Time Spread indicator is designed to smoothly display the remaining time of the current candle and the spread fluctuations. It offers full customization options, allowing you to control the appearance of the countdown timer, including size, color, and position relative to the candle, across all timeframes.
Please leave a positive review. Candle Time Indicator, Spread Clock, Spread Counter, Spread Alert, Candle Timer, Candle Clock, Candle Timer for MT4, Time Candle, Timer Candle. Can
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Asesor Experto creado a base de una estrategia de 3 medias móviles. Puedes configurar los parámetros de cada una para lograr cruces de medias a medida. Puedes establecer los valores de TP y SL Cuenta con sistema de SL dinámico para proteger tus ganancias. Este asesor permite realizar Backtesting muy completo para crear estrategias solidas a tu gusto. Si conoces alguna confirmación basada en otro indicador para validar el cruce de la media y hacer este asesor aún más ´preciso, házmelo saber para
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Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the Basic Theme Builder indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 4. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment. Free MT5 version The Basic Theme Builder in
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SKAN This indicator helps you to scan all symbols which are in the Market Watch window and filter out a trend with alerts. It works on five most effective indicators which are used by most of traders for trading: Moving Average Super Trend (ST) Bolinger Band (BB) OPRC BFD It calculates two bars for scanning. When box colour changes to coral or royal blue colour, it indicates you for trend change for long and short entry. And also you will get alert on screen. When it changes to royal blue, it
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Perseus is a free Expert Advisor for GBPJPY . It based on MACD and Bollinger Bands . It has been tested for 10 years of history (from year 2011). Tested by Monte Carlo with 200 simulations too. All trades are cover by StopLoss . Doesn't use Martingale or other dangerous startegies. Perseus using fixed lot size, which you can set in settings. Perseus settings are optimized for the best results . There is no need to change it.
Recommendations Symbol: GBPJPY Timeframe: H1 Deposit: 300 USD Br
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AstroCycles: Advanced Financial Astronomy Indicator Overview AstroCycles is a sophisticated technical analysis tool developed for the MetaTrader 4 (MQL4) platform. It bridges the gap between orbital mechanics and financial market analysis by calculating precise astronomical cycles and visualizing them directly on your trading chart. Unlike standard indicators that rely on past price data, AstroMaster utilizes high-precision astronomical algorithms (Keplerian Elements and Brown’s Lunar Theory)
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The Price Line Alert Indicator will allow you to set price level that will alert you when hit, the price level will be shown in the chart as lines. Useful to get notified at specific prices, support, resistance, round numbers and so forth. If you want to a similar utility that will automatically close your position at a specific price check https://www.mql5.com/en/market/product/23113
How does it work? You can set several Price Lines and configured them to notify you if the price goes above or
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The Tarantulas expert Advisor is a night scalper and a robot for position trading at the same time.
Thanks to deep settings, this expert Advisor becomes an indispensable assistant in trading.
On the basis of this EA, you can implement dozens or even hundreds of profitable strategies.
Smart position tracking and time trading functions are enabled.
Trading is performed on pullbacks from overbought and oversold zones on trend changes.
The trend is determined using the author's "Providec Trend
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QuantumAlert Stoch Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the p
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This is the RSI GridMaster Mini — the freely available, compact version of the popular RSI GridMaster system.
The EA operates based on the Relative Strength Index (RSI) indicator combined with a grid strategy, enabling continuous trading as the market moves. The Mini version uses a fixed lot size of 0.01 and trades exclusively on the H1 timeframe.
All settings have been simplified to make the system easy to use, reliable, and beginner-friendly. Looking for More Power and Flexibility? Check
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Our team has finally achieved the expected result.
We have created artificial intelligence for binary options trading. Don't believe? Many users have already rated it positively. The results will surprise you too. This indicator broadcasts signals for a binary option through a telegram channel. All signals are reliable and of high quality.
Read more !!! ATTENTION !!!
You didn't dream !!! HOW TO EARN RIGHT NOW? The most successful signal channel for binary options Students, ho
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The KT RSI Power Zones divides and shows the movement of RSI into four different power zones to identify the potential support and resistance zones using the RSI.
Bull Support The bull support ranges from 40 to 50. The price is expected to reverse to the upside from this zone.
Bull Resistance The bull resistance ranges from 80 to 90. The price is expected to reverse to the downsize from this zone.
Bear Support The bear support ranges from 20 to 30. The price is expected to reverse to the ups
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The Magic SMA indicator is of great help in determining trend direction. It can be an excellent addition to your existing strategy or the basis of a new one. We humans can make better decisions when we see better visually. So we designed it to show a different color for rising and falling trends. Everyone can customize this in the way that suits them best. By setting the Trend Period, we can optimize it for longer or shorter trends for our strategy. It is great for all time frames.
IF YOU NEED
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The "Yesterday High Low" indicator for the MetaTrader 4 (MT4) trading platform is a powerful tool designed to help traders identify key price levels from the previous trading day. This indicator provides a visual representation of the high prices, low prices, high/low price averages, and intermediate average levels on the chart.
Primarily used by institutional and professional traders, this indicator offers an instant view of price levels that are often considered crucial in financial markets.
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The UNIVERSAL DASHBOARD indicator will eliminate the need of using dozens of indicators on dozens of charts. From one place you can monitor all the pairs and all the timeframes for each of the following indicators: MACD STOCHASTIC WPR RSI CCI You can also use any Custom indicator in the dashboard as long as it has a readable buffer. With a single click you can quickly navigate between charts, pairs and timeframes. Alerts will provide clear indication about what happens for your favorite pairs on
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Our offer also includes a free panel — Indicator Panel — which allows you to show or hide indicators created by BOToBRACIA.
Pivot Points are a classic technical analysis indicator that calculates the central pivot point (PP) as well as support (S1–S3) and resistance (R1–R3) levels based on the previous day’s High, Low, and Close. The indicator allows you to:
• identify key zones where the price may bounce or break through
• determine the direction of the trend
• find good entry points, as well
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The indicator displays crossing zero level by Moving Average of Oscillator (OsMA) in the form of arrows. The indicator notifies about a signal by means of a pop-up Alert window, or sending notification to e-mail.
Parameters Fast EMA Period - fast EMA. This is an exponential moving average from a price with a short period. Slow EMA Period - slow EMA. This is also an exponential moving average of a market price but with a longer period. Signal SMA Period - MACD SMA. This is a signal line which is
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The implementation of the impulse system described by Dr. Alexander Elder. The indicator colors the bars according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - blue bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy.
Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the fast moving a
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Summary This indicator is based on the MA applied to the RSI indicator. It draws arrows at the confirmed crosses of the MA over the RSI line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications.
Inputs All inputs a
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BinaryPin is an indicator developed and adapted specifically for trading short-term binary options. The indicator's algorithm, before issuing the signal, analyzes many factors, such as market volatility, searches for the PinBar pattern, calculates the probability of success when making a deal. The indicator is set in the usual way. The indicator itself consists of an information window where the name of the trading instrument is displayed, the probability of making a successful transaction, the
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1. STRUCTURAL STRENGTH (0-9 Scale) The indicator analyzes each currency's position relative to its daily range across all 28 major pairs: Price position within the daily high/low range is converted to a 0-9 score using a statistical distribution model Base currency receives a score proportional to its strength Quote currency receives the inverse score (9 - base score) Final structural strength = average score across all pairs the currency participates in text STRONG currencies (score ≥ 6.0) → Po
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This product is designed to display the trading sessions of 15 countries based on the time zone of your broker server and various display modes based on your desired settings to prevent chart congestion and the possibility of setting a session with the user's desired time.
The sun never sets on the forex market, but its rhythm dances to the beat of distinct trading sessions. Understanding these sessions, their overlaps, and their unique atmospheres is crucial for any forex trader who wants to
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ICT Kill Zone Indicator - Smart Trading Session Visualization Tool Product Highlights: Precise, Beautiful, Intelligent Trading Session Identification Why You Need This Indicator? Dear Trader, have you ever missed perfect trading opportunities because you couldn't identify key market sessions? Have you struggled with timezone confusion when analyzing market rhythms? The ICT Kill Zone Indicator is the perfect solution to these challenges! Developed based on core ICT trading concepts, this
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Genaral: Not martingale, not a grid; Use on EURUSD Use on M5
Signals: There is a good rational algorithm. Work of two indicators: Chaikin and DeMarker (from 2 timeframes) (you can set a separate Timeframe for each indicator)
Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot
Important: EA can work on closed candles, and on curren
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Volatility under control. The indicator shows the optimal depth for setting goals within the day and on the average trend. It also builds pivot zones for the estimated correction depth. As an accompaniment, the key levels of the structure are displayed for several timeframes. Classical volatility indicators ATR & ADX on fixed timeframes are used for calculation. The calculation takes into account the spread, and if the market is slightly volatile, you will see a warning about the risk. You can c
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This simple indicator takes information from Ichimoku Kinko Hyo to establish strong and weak currencies to pair together for ideal trending situations. It also generates buy or sell signals based on the standard deviation of returns together with currency strength. A currency is said to be strong or weak depending on where the price is in relation to two factors: if the price is above the daily kumo and above the 26 day Kijun-sen, it is said to be strong. Likewise, when trading below the daily k
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Shows Kaufman Efficiency Ratio value and smoothed by MA. Calculation is based on movement divided by volatility on a specified period. Levels are adjustable as well as visualization. Parameters: KERPeriod - period for ratio calculation. EMAPeriod - period for moving average. Shift - indicator shift. HigherLevel - low value of the higher zone. LowerLevel - high value of the lower zone. ShowHigherZone - allow higher zone drawing. HigherZoneColor - higher zone color. ShowLowerZone - allow lower zon
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This indicator is used to calculate the dollar index according to the formula of currency pairs(EURUSD ,GBPUSD,USDJPY,USDSEK,USDCHF,USDCAD)Even if the broker does not have the dollar symbol. this Indicator displays the dollar index chart in a separate window at the bottom of the chart. It also displays the current dollar index graphically. In this indicator, it is possible to set the minimum and maximum value of the indicator as well as its size scale on the chart as an input parameter, and it
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This indicator is stand alone version from MP Pivot Levels (All in one) containing Woodie Pivots. Woodie’s pivot points are made up of multiple key levels, calculated from past price points, in order to frame trades in a simplistic manner. The key levels include the ‘pivot’ itself, and multiple support and resistance levels (usually up to three each). Traders use these levels as a guide for future price movements when setting up trades.
The pivot : (Previous high + previous low + 2 x previous
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Fibonacci retracement is really one of the most reliable technical analysis tools used by traders. The main problem with using these levels in trading is that you need to wait until the end of the impulse movement to calculate the retracement levels, making difficult to take a position for limited retracement (0.236 or 0.382). Fibo Dynamic solves this problem. Once the impulse movement is identified the retracement levels are automatically updated allowing very dynamic trading in trends with onl
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ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
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This indicator is designed for scalping in the Forex market and trading binary options. A signal appears at the opening of a new candle. Usage Recommendations: For Binary Options: It is recommended to open trades when a signal appears on the first candle. A buy signal appears when the blue X replaces the red one, while a sell signal occurs when the red X replaces the blue one, as shown in the screenshots. For the Forex Market: Enter a trade when a signal appears as described above. It is advisa
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Small free indicator to detect certain chart patterns, shoulder head shoulder / reverse, triple top / bottom, cup, flags and others... I designed it a while ago, it detects figures in m1, m5, m15, m30 and h1.
I hope it will be useful to you because I don't trade much with this indicator, I have a few others that I will try to put online quickly maybe you will find it useful, good Trade friends.
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The MetaTrader Market offers a convenient and secure venue to buy applications for the MetaTrader platform. Download free demo versions of Expert Advisors and indicators right from your terminal for testing in the Strategy Tester.
Test applications in different modes to monitor the performance and make a payment for the product you want using the MQL5.community Payment System.
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