Free Expert Advisors and Indicators for MetaTrader 4 - 36

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

It is a very simple and useful micro indicator. Shows the current ask price, and the maximum relative ask price up to the current moment, on the chart, in the first N candles. It facilitates quick decision making by offering a visual reference. Likewise, when we position ourselves with the cursor over it, it shows us the maximum spread  since the indicator is applied, until the current moment. It is perfect for scalping . By default, the parameter N has the value 4.  Especially recommended indi

Informational indicator to aid in trading English and Russian version Balance Equity Drawdown Margin level Opened orders Spread Total profit Profit for today Profit for yesterday Profit for the week Profit for a month Detailed statistics for 5 pairs Detailed statistics on the current pair ATR MarginCall quote and distance to it Breakeven quote and distance to it Minimum margin level Maximum drawdown Maximum possible lot to open Displaying the breakeven line Displaying MarginCall and Stopout lin

RSI Thunder is a powerful and intelligent trading indicator designed for traders who value precision over noise. The indicator generates signals only after candle close , completely eliminating repainting and false entries. It combines multiple proven technical tools into one robust decision-making system, delivering clean, high-quality buy and sell signals directly on the chart. RSI Thunder integrates RSI, EMA, ADX, and ATR , reinforced by a strict SMA40 trend-direction filter to ensure trades

Bigger chart labels would allow the user to be entirely aware of which chart he/she is on. Each chart window is unique, containing different patterns and economic motives so acknowledging the chart window would be absolutely essential! There are well known Economic Time Zones included in clear view, by choice!    Simple does it! Use your computing mouse scroller, clicking with the right finger on the label, in order to customize the label properties. From there, choose your preferred color, fon

Tracking positions using trailing on the Parabolic SAR indicator. It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Parameters Select_Magic - selection of magic numbers. Positions with

Hallo! Ich bin Tatsuron, ein japanischer Privatanleger. Wir verwalten über 1 Milliarde Yen in Forex. Lassen Sie mich einen sehr nützlichen Indikator vorstellen, den ich verwende. The indicator that is the basis of the market price. ThreeLine has improved the Moving Average (SMA) to answer the long-term SMA numerical settings. The more you repeat daily trades and verifications, the more credible the Three Line will be. If the angle of ThreeLine is upward, it will be white. If it faces downwar

The Icarus Reversals(TM) FREE Indicator is a powerful tool to identify high-probability reversal points, across all instruments.  The Reversals Indicator provides traders and investors with a simple-to-use and highly dynamic insight into points of likely price-action reversals.  Generated by a unique proprietary code-set, the Reversals Indicator (FREE version) generates long and short trade signals, which can be customised for key inputs and colourisation. Settings of the Icarus Reversals FREE h

It is based on Surfing strategy. USES MARTINGALE. The EA catches the moments when the previous candle crosses the moving average indicator and eliminates the false breakouts using the RSI+MA indicator, and at the same time analyzes the trend direction. The EA trades pending orders, which also allows to avoid false movements. If the pending order was not triggered and the chart reversed, then the EA deletes the pending order. If the pending order was not triggered and the chart reversed, then the

Free for an unlimited period! 【Master Every Trend at a Glance】Multi-Timeframe Trend Matrix Pro v1.0 The golden rule of trading is "Don't fight the trend." However, switching between multiple timeframes is tedious and often leads to missed opportunities. MTM Pro solves this by providing a real-time matrix of trend conditions from M5 to D1 directly on your chart, using a powerful combination of Moving Averages (MA) and the Relative Strength Index (RSI). Key Features & Benefits Dual-Verification

Multi-Indicator Reversal EA v2.04 Overview An MT4 automated trading system that combines three technical indicators—RSI, Bollinger Bands, and ADX—for a counter-trend strategy. It runs on any timeframe and supports both traditional single-position trading and hedged trading. Specifications Platform: MT4 Recommended Pairs: Major FX pairs (e.g., EUR/USD, GBP/USD, USD/JPY) Timeframes: All timeframes supported (M1–MN1) Strategy Type: Counter-trend Position Management: Selectable Single Posit

Trade Receiver Free is a free tool to copy trades/signals from multiple MT4/MT5 accounts. The provider account must use copier EA to send the signal. This version can be used on MT4 accounts only. For MT5 accounts, you must use Trade Receiver Free for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Free . - For MT5 receiver, please download Trade Receiver Free MT5 . - For cTrader receiver, please download Trade Receiver Free cTrader . - If you only need copy from MT4 acco

This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Mode

LimitGridEA Pro – Smart & Clean Grid EA for Gold and Forex Trade confidently with a Buy/Sell Limit Grid System powered by technical filters, equity control, and a user-friendly interface. Key Features : Buy/Sell Limit Only – Structured order placement, no spamming, no chaos RSI + Bollinger Band Filters – Ensures entries happen only with clear technical signals Combined TP (per side) – Automatically closes all orders on each side when profit target is hit Average Price TP (opt

This is an adviser that often trades and opens trades almost every day (with normal optimization). In this case, the adviser opens no more than one transaction in each direction. When there are a lot of deals in optimization, more often it will give more profit in real life than advisers who, during optimization, make fewer deals, but show high profitability. This Expert Advisor is a free version of Trading every day and has some limitations: - currency pair only EURUSD - lot limit to 0.1 Input

Introducing IT Divergence EA, your ultimate ally in maximizing profits across financial markets. Our Expert Advisor (EA) leverages the potent MACD and RSI indicators to automate trading with unparalleled accuracy. Key Features :   Divergence Detection Strategy : IT Divergence EA is built on a robust strategy that harnesses the power of MACD and RSI indicators to spot divergences in the markets. Divergences serve as powerful signals for identifying potential buy or sell opportunities. Intellig

In a departure from the conventional approach, traders can leverage the bearish engulfing candlestick pattern as a buy signal for short-term mean reversion trades. Here's how this alternative strategy unfolds: The bearish engulfing pattern, (typically signaling a reversal of bullish momentum) , is interpreted differently in this context. Instead of viewing it as a precursor to further downward movement, we perceive it as an indication of a potential short-term bounce or mean reversion in prices.

Draws Daily, Weekly and Monthly pivots and the respective supports and resistances levels (S1, S2, S3, R1, R2, R3). Ideal for placing stop losses and/or using as a break-out strategy. Features Unlike other pivot indicators in market you get very clean charts. Pivot levels are plotted irrespective of timeframe, on which you trade, i.e. M1, M5, M15, M30, H1,H4 or Daily timeframes. Pivot levels do not change when you change timeframe. Fully customizable options.    If you are looking at Fibonacci

简介 不重绘入场信号的趋势指标 显示精确的价格反转指标。是可以添加到任何图表中的交易武器。 反转信号有高度准确性，适合在5分钟进行剥头皮交易，或在30分钟波段交易。买入和卖出箭头在图表上显示为进入信号，但在K线结束后形成带有警报的确认选项。 很多交易者在Super Trend MT4指标的帮助下，在第一个交易周内改善了交易结果。 优点 不重新绘制仪表板箭头 仅适用于台式机MT5 适合剥头皮 适合波段交易 仪表板箭头输入警报 仪表板箭头信号严格警告“蜡烛图收盘关闭” 移动警报、桌面警报、电子邮件警报 显示任意时间段的箭头 适用于任何Mt4货币对 适合新手和专家交易员 设置 Period: 周期 Multiplier: 倍增器 Show Trend Line : 显示趋势线 Show Arrow:  显示箭头 关于我们 欲了解更多我们产品信息，请 点击这里

This EA trades using the Bollinger Bands indicator. It offers many trading behaviors and flexible position management settings, plus many useful features like customizable trading sessions and a martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully customizable indicator settings Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA/

Wa Candle Timer Percentage MT4 is an indicator which shows the user how much time is remaining until the next candle will form. The percentage of the evolution of the current candle is also displayed. The user can set the percentage that the candle timer will change the color. These are the settings: 1- The percentage that the candle timer will change the color. 2- Color of Candle Timer when it's BELOW the percentage set by the user. 3- Color of Candle Timer when it's ABOVE the percentage set b

Advisor-assistant for those who like trading on Fibonacci levels. Automatically finds manually plotted Fibonacci Lines on the chart, and opens an order when the levels are broken. The Expert Advisor has 4 customizable levels and the ability to turn them off as unnecessary. Parameters:   Lot - order volume (lot);   Requote - price slippage;   Magic - individual number for all EA orders, works only with own orders;   Name Fibo - set initial name of Fibonacci lines;       Level parameters are ide

-Product Description- This close_all_entry button can use to close all your active entry with profit or lose . Button can't use to delete all your pending order . Just one click can close all active entry , no need anymore to close one by one . Maybe get some delay to close all your active entry . Just trade with amount you dare to lose . o.o.o.o.o.o.o.o.o.o.o.o.o.o.o

MA Line   A cross between the candlestick and the moving average line. MA Line is Expert Advisor which is very simple by working as below: Buy Condition 1. Perivious open candle bellow MA Line 2. Previous close candle above MA Line Sell Condition 1. Perivious open candle above MA Line 2. Previous close candle below MA Line EA Parameter - Time Filter - Lot - MA Period - MA Method - Stop Loss - Take Profit - Trailing Start - Trailing Step - Trailing Stop - Magic Number

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator SMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notification

Big Collection Strategies-советник для метатрейдер МТ4,с более десятью режимами работы: 3 основных и несколько подрежимов для каждого основного. Предпочтительно использование на валютных парах. По умолчанию стоить режим усредьнителя с помощью отложенных ордеров.Выбор торгового режима осуществляется изменением параметров в окне настроек. Параметр STRATEGY устанавливается равным 1,2 или 3.Необходима оптимизация параметров на каждой торговой паре, в зависимости от выбранной стратегии и режима раб

Индикатор Trender определяет смену тренда. Для того чтобы её не пропустить, настройте его на отправку уведомлений в ваш мобильный терминал (Push),  или в виде алерта ( Alert ), или по Email. Также индикатор предоставляет потенциальные точки входа и расчитывает и отображает уровни стоплосс и тейкпрофит. Преимущества: - Не перерисовывается - Может помочь в фильтрации сигналов в вашей стратегии - Работает на всех парах и таймфреймах - Прост в настройке  - Даёт уже готовые сигналы для открытия пози

"The trend is your friend, until the end when it bends". The "Hexa MA" custom indicator is a trend following indicator. It uses 6 Moving Averages to spot the trend and follow, and also to filter the bad signals for the fast Moving Averages. The basic is simple, yet the strategy is powerful. Recommended settings for the indicator : - Moving Average periods : SMA 5, SMA 10, SMA 20, SMA 50, SMA 100, SMA 200. - Timeframe : M15 is the default. But any timeframe can be used. - Currency pair : Since i

Библиотека для расчета формул. Формула задается строкой. Можно задавать формулу в строковой переменой в окне свойств. Формула может включать арифметические действия "+-/*" и все функции кроме MathRand(): abs(), arccos(), arcsin(), arctan(), sin(), cos(), tan(), exp(), log(), mod(), max(), min(), pow(), ceil(), sqrt(), log10(), floor(), round(). Кроме этого в формулу могут входить числа (если число дробные, то разделитель точка) и аргументы. Аргумент начинается с буквы "а" (латинская) и номера, н

A small trading panel makes it easier for a trader to visually place pending orders, market,  as well as trailing and unloading the grid of orders.  It is installed as a regular adviser.   Parameters and description:   Lot Volume: 100 - in this field you can set, change the order volume at any time   Line UP - visual horizontal level for pending BuyStop and SellLimit orders   Line DN - visual horizontal level for BuyLimit and SellStop pending orders   Delete Lines - delete all lines from t

The CandleStick Scanner is a tool that allow you to perform a   market scan   and search any candlestick pattern that you already created in the current chart, You can perform a quick search in the current chart (500 bars will be scanned),  This is a   lite version   of  CandleStick Factory for MT4   . The   full version   video can be found here :  https://www.youtube.com/watch?v=fq7pLXqVO94 The  full version  can be purchased here:  https://www.mql5.com/en/market/product/75628 How it works Yo

About Waddah Multimeter (free): This product is based on the WAExplosion Indicator. It helps identify explosive market trends and potential trading opportunities. Check out the detailed product post here for scanner and multimeter both: https://www.mql5.com/en/blogs/post/758020 Please note that scanner is paid and multimeter is free. Features: Waddah Trend Direction Trend Strength (above/below explosion line or deadzone) Trend Explosion Alert Alignment alerts Multi-timeframe Custom currency Mu

Price Ray indicator is a utility that will improve the way you trade. Primarily, it shows the Bid, Ask or Last price as a line ray which beams till the current candle, last visible chart candle or extended to all candle bars. The enhanced features in this indicator provide information in an area where you focus most, right next to the current candle. You can select text to be shown above or below the Price ray. The indicator is fully customizable, allowing it to fit any strategy requirements. Th

FALCON ZONES , OPORTUNIDADES EN EL MERCADO PARA COMPORAR O VENDER Características Destacadas: Identificación de Patrones de Velas: Reconoce una amplia gama de patrones de velas, desde patrones simples hasta formaciones más complejas. Proporciona una visión completa de la psicología del mercado encapsulada en las velas. Alertas Personalizadas: Configura alertas a medida para los patrones de velas que más te interesan o que se alinean con tu estrategia. Recibe notificaciones instantáneas cuando s

Dynamic Price Volatility Indicator (DPVI) The Dynamic Price Volatility Indicator (DPVI) is designed to provide traders with valuable insights into market volatility and potential price movements. It combines elements of volatility analysis and trend identification to assist traders in making informed trading decisions. Features: Dynamic Volatility Bands: utilizes a proprietary algorithm to calculate dynamic volatility bands that adjust in real-time based on market conditions. These bands act a

Fractals ST Patterns is a modification of Bill Williams' Fractals indicator. Unlike a standard Fractals indicator, Fractals ST Patterns allows setting any number of bars to find a fractal. This simple indicator corresponds to the parameters specified in the ST Patterns Strategy ( https://stpatterns.com/ ) . Structural Target patterns are the market itself, which is consistently divided into components. For the formation of ST Patterns , no trend lines, geometric proportions of the model itself,

Why do you need this script? If you place lots of orders and re-calculate your risk for every order you placed, you definitely need such a script. This script places one or (optional) two different orders with the following script inputs. Utility parameters Operation Type - "Buy","Sell","Buylimit","Selllimit","Buystop","Sellstop" Price - Entry price of the order(s). Stop Loss - Stop Loss of the order(s). Take Profit 1 - Take Profit of the first order. Take Profit 2 - Take Profit of the second o

Variable Index Dynamic Average (VIDYA) developed by Tushar Chande  by default is contained in MT5 but not in MT4 platform and it is a dynamic EMA (Exponential Moving Average) that adjusts its Length (LB Period) automatically in response to Market Volatility originally measured through the Chande Momentum Oscillator(CMO). CMO value is used as the ratio to the smoothing factor of EMA ( The New Technical Trader by Tushar Chande and Stanley Kroll, John Wiley and Sons, New York, 1994). The higher th

The Bolliger Bands On-Off let you control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . --->  This indicator is part of Combo Indicator OnOff The Bollinger Bands identify the degree of real-time volatility for a financial instruments . A lower amplitude corresponds to a low volatility, conversely a greater bandwidth corresponds to high volatility. Na

Recommended broker to use the indicator:   https://tinyurl.com/5ftaha7c   Indicator developed by Diogo Sawitzki Cansi to show possible trade points. Do not repaint. The results displayed in the past are exactly what happened. We also use it to hold trades longer and not get out on false reversal signals which are actually just a profit taking of trades and no one is trying to reverse the direction of the trend. Indicator Parameters: PERIOD: Period for analyzing the buying or selling force to fin

MT4 VERSION: Este robô foi desenvolvido especificamente para EURUSD , um dos pares mais líquidos do mercado, e opera em timeframes maiores (H4, D1) . Sua estratégia é baseada na tendência do mercado , utilizando indicadores como Médias Móveis, ATR e Momentum para determinar os momentos certos de entrada e saída. O Robot Factory EURUSD H4 evita operações desnecessárias e ruído do mercado , focando apenas em trades de alta probabilidade . Ele combina análise técnica com volatilidade controlada ,

The indicator is designed for intraday trading. Equipped with all notification functions for convenience in manual trading. It is recommended to use timeframes m5, m15, m30. You can also view and select settings for any financial instrument. Settings: Indicator period - Indicator period Alert - The function of enabling alerts. Push notifications - Enabling Push notifications to the mobile terminal e-mail - Sending a signal to e-mail In addition to this product, I recommend looking at my othe

Detailed post explained: https://www.mql5.com/en/blogs/post/759269 This is a slope indicator for Bollinger Bands indicator. It provides slopes for BB top band, center band (main) and Lower Band. You can also set a threshold value for Center line to control Red/Green slope histogram lines.   Settings: You can choose which line you need the slope and Threshold Alerts for in Drop down. Slope Thresholds: for Alerts. Please note that Alerts only happen when Threshold is crossed. e.g.: If Threshold

This indicator is designed for binary options. Based on proprietary divergence of the CCI indicator. A sell signal: A down arrow appears on the chart. A buy signal: An up arrow appears on the chart. Input parameters History - the number of bars in history for calculation Period CCI - period of the CCI technical indicator Up border - overbought limit for calculation of the divergence Down border - oversold limit for calculation of the divergence Price - price for the indicator calculation Alerts

Created for signal providers, as well as for participation in various forex contests(and not only), can independently open an unlimited number of orders on the indicators Moving Average and Stochastic Oscillator   A series of experts: Lucky Star RSI and MACD, Lucky Star WPR, Lucky Star RSI, Lucky Star MA, Lucky Star SO, Lucky Star MACD, Lucky Star MA and SO, Lucky Star MA and MACD, Lucky Star SO and MACD   the probability of winning real money in management or bonuses to real accounts ( read mor

This indicator displays each bar's volume (visible range) in points. The display parameters are customizable. The indicator was developed for personal use (chart analysis). Parameters: ColorL - color of text labels. Position - label position: 0 - below, 1 - above. FontSize - font size. ANGLE - text slope angle.

The indicator improves the idea implemented in the standard Bulls and Bears indicator. This indicator displays the difference between the High and Low for the current period of time and the values ​​of the channel constructed at the maximum and minimum prices, which are smoothed by Laguerre method. The growth of the indicator values ​​above zero indicates that the High for the current period is greater than the average of the High prices. This situation in most cases indicates an increase in the

Trends are like the "Saint Graal of traders": it can give you an higher win rate, a better risk to reward ration, an easier position management and so on... But it is really hard to determine the trend with accuracy, avoiding fase signals, and with the right timing, in order to take massive movements. That's why I created the Trend Validator: a new and EASY tool that will make identifying trend and build new strategy a really easier work. ANATOMY OF THE SOFTWARE The indicator is composed by 3

Info:   marcobarbosabots CCI Warrior CCI is the short name of Commodity Channel Index indicator. The CCI Warrior is an Expert Advisor that get signals using CCI (Commodity Channel Index) levels. A SELL signal is generated above a positive level and a BUY signal is generated below a negative level. When a signal is generated, a Moving Average filter checks it. If the signal is in the same direction of the trend indicated by a Moving Average filter, then it is validated. After the signal was vali

EA can close unprofitable positions by searching for and closing profitable positions . This assistant  looks  for, among all positions, the most  unprofitable position  in the terminal. Further, by searching for the remaining profitable positions, he calculates a series of positions that can cover the loss when the  profit  of one or more positions is greater than the loss of another position. If a set of such positions is found, then the adviser closes them. A series of positions can consist

This indicator allows you to number bars within a trading session for CFDs. It works on GER40, UK100, US30, US100, and US500 and is fully customizable to fit your trading style and chart preferences. Key Features & Parameters: Customizable session interval: define your own session start and end times Option to hide even numbers for a cleaner chart Adjust number distance to position the bar numbers as you prefer Font size and color: choose the size and color that suit your chart Number of days di

This Expert advisor does not do any trade, but it scans the whole symbols in your market watch and scan each shares one by one in different timeframes and at the end it shows you which symbol in which timeframe has a powerful engulfing candle. Furthermore, you can define a MA period and a high and low RSI limit, and it shows you which symbols in which timeframe is going to cross the adjusted moving average, and which symbol in which timeframe is going to cross high or low limit of the RSI.  The

Советник "Rounding Levels RSI Trade" торгует по индикатору RSI, используя фильтр в качестве круглого ценового уровня, который свеча должна пересечь одновременно с уровнем индикатора RSI. Настройки советника: Индикатор RSI: RSI_Period = 14; используемый период индикатора RSI_Shift = 1; номер свечи выбранного графика, с которой советник берет сигнал, 0 -ориентируемся по текущему бару (не рекомендуется) 1 - ориентируется по предыдущему бару и так далее applied_price = 0; испольщуемая цена  PRICE_C

Are You Better than Monkey? Prove it... The trade of this EA is based on random output with customizable lot size (use martingale or not), stop-loss, and take-profit levels. Easy to use and Simple Great for benchmarking tests against other EAs or manual trade. Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Support us by open  My recommended broker. Exness Tickmill robot monkey uses Adx trend filter for fair game no-trade unfavorable market ( you can turn off set adx = 0) . EA starts w

Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Find overbought or oversold currency pairs easily Plot up

DiNapoli DMAs (Displaced Moving Averages) The   DiNapoli DMAs   indicator brings the world-renowned Displaced Moving Averages, popularized by legendary trader Joe DiNapoli, to MetaTrader 5. Unlike conventional moving averages, the forward displacement (shift) helps filter out market noise and reduce whipsaws, allowing traders to identify trends and support/resistance levels with much higher clarity. This indicator plots the three classic DiNapoli combinations: 3x3:   3-period Simple Moving Avera

Secured Profits – Instantly See Your Real Locked-In Gains Do you know how much profit you're truly protecting in each trade? Secured Profits is a smart and powerful MT4 indicator that displays, in real time, the exact monetary value of profit actually secured by your stop-losses , based on your open trades. Unlike other tools, Secured Profits doesn't just sum up the "visible" floating profit or stop-protected profit. It goes further, calculating what is truly secured by comparing all open po

ATR on Prices is simply an ATR indicator that plot a line for Resistance and Support using the Average True Range calculation. You can set the ATR daily periods, to be calculated. As well you can set the reference price to add and subtract the ATR measure to obtain the ATR Top and ATR Bottom lines, using the Open Price (that is fixed) or the Middle (HL/2) price (that will vary on the day) Or adding the ATR to the daily low and subtracting it from the daily high . You can use full ATR measure or

This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second is based

This indicators when combine with its slave version can help you a better view in backtesting visual mode. https://www.mql5.com/en/market/product/61574 They will help you in developing a multi time frame trading strategy. 1) Run backtest in visual mode 2) Add the master indicator to the backtesting chart 3) Add the slave indicators to other charts of the same symbol with different time frames. Run the backtest and you will see all the charts auto scrolling.

***IMPORTANT:  This free indicator works with the paid for Strong Weak Forex Expert Advisor. The EA also depends on the following custom indicators: Strong Weak Heiken Ashi Strong Weak Symbols Strong Weak Values Strong Weak Indicator Download them for free in the Market. The EA will not work without it. These are all custom indicators which the Strong Weak Forex Expert Advisor relies on to generate trading signals. If you have any problems with installation send me a message.

Indicator that displays the current price and the percentage of loss or gain, compared to the previous day. The benefits you get : Possibility to choose your favorite crosses. Never redesigns, does not retreat, never recalculates. Works on forex and CFD, timeframe from M1 to monthly. Easy to use. Parameters : FontSize = 20; font size FontType = "Tahoma"; character type Angle = Bottom_Right; angle view (top right .. top left sect ..) Show_Price = true; view the Bid Show_Var = true; see the dif

SX Price Action Patterns is a comprehensive indicator which shows various price action patterns on the chart for those who are interested in price action trading. These patterns are as follows: A Pin Bar is a candlestick price bar, which has a long wick on one side and a small body. It is a powerful signal of price reversal in a currency trading strategy. An Inside Bar is characterized by a bar or candle that is entirely ‘inside’ the range of the preceding one and represents the consolidation o

This indicator displays the historical bid and ask prices on the chart. This is an extremely useful tool for watching the spread rise and fall, as well as watching to see whether or not the bid and ask prices are converging or diverging. This tool will allow you to enter the market at just the right time. This indicator will help you stay out of the market when the spread begins to rise and help you get into the market as the spread begins to fall again. ON SALE FOR FREE, GET IT FREE FOR A LIMI

Alarm Clock generates sound signal at the prescribed time. Time is set by a vertical line on the chart. Just shift this line on the chart to the future. After you set the line at the desired time, you can do whatever you want with the chart, like change a timeframe and a symbol - the alarm clock will generate a signal at the prescribed time anyway. If you accidentally remove the line, the indicator will restore it at the prescribed time. You can attach the indicator to different charts and set d

The LevelsPivotMT4 plots the pivot points and forms the support and resistance levels. The indicator does not repaint. Default colors Yellow - pivot point. Green - resistance levels R1, R2, R3. Red - support levels S1, S2, S3. Installed similar to any standard indicator. Analysis rules Trade the rebound from support or resistance lines. Accordingly, the target is the central line (the pivot point, yellow by default).

Keyboard Trading  Open and Close orders with your keyboard. This tool allows you to open and close orders with your keyboard. As opening and closing orders with your keyboard is faster than with your mouse, this tool is very useful for Scalpers. How does it work? If you press the key "b", it will open a buy order with lot size, SL and TP as specified in the settings. If you press the key "s", it will open a sell order with lot size, SL and TP as specified in the settings. If you press the key "c

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. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - Devi

This indicator determines minimum volumes needed during a candle formed so that it would be higher than current volume's average. Although you can place MAs on your volume indicator, this indicator has non-repaint characteristic so you may not to worry about sudden volume increase. This indiator also draw volume indicator for its own. Input Description: period: Period used for indicator. Must be higher than 1. Output Description: VolumeXover: This indicator's main feature. During the time the vo

Indicator SR levels true in small time frames is very useful for scalping while in bigger ones it is good for day or position trading. SR levels true can draw 4 support/resistance levels based on defined maximum rebouds from price level. Indicator scans  defined number of bars in time axis and defined number of pips in price axis (both sides - up and down) and calculates how much times price was rejected from scanned price levels. At the price levels where maximum rebounds are counted, support