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Free Technical Indicators for MetaTrader 4

icon Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes.
price action support or resistance levels are formed when a market’s price action reverses and changes direction, leaving behind a peak or trough (swing point) in the market. Support and resistance levels can carve out trading ranges. The indicator identifies the Swing High and Swing Low based on X amount of bars ( Period ) defined in the indicator set. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our pre
FREE
Trend Monitor for MT4
STE S.S.COMPANY
4.54 (52)
Trend Monitor is a custom MT4 ( Metatrader 4 ) indicator that analyzes the trend and volatility analyzer indicator.  In addition, It identifies the beginning and the end of the trend that works for most currency pairs and timeframes. The Trend Monitor indicator is using an optimized formula based on moving average angle to calculate the trend volatiltiy. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our pr
FREE
PZ Reversal Fractals MT4
PZ TRADING SLU
4.24 (49)
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all ki
FREE
Blahtech Candle Timer
Blahtech Limited
4.8 (66)
Blahtech Candle Timer displays the remaining time before the current bar closes and a new bar forms. It can be used for time management Links [  Install  |  Update  |  Training  ] Feature Highlights No stutter and no lag Tracks server time not local time Multiple colour Schemes Configurable Text Selectable Location Customisable alerts and messages Optimised to reduce CPU usage Input Parameters Text Location   - Beside / Upper Left / Upper Right / Lower Left / Lower Right Text Colour Scheme   -
FREE
Candle Timer Countdown displays the remaining time before the current bar closes and a new bar forms. It can be used for time management. MT5 version here! Feature Highlights Tracks server time not local time Configurable Text Color and Font Size Optional Visualization of the Symbol Daily Variation Optimized to reduce CPU usage Input Parameters Show Daily Variation: true/false Text Font Size Text Color If you still have questions, please contact me by direct message:  https://www.mql5.com/en
FREE
Pips Hunter MT4
Rodrigo Arana Garcia
5 (4)
Pips Hunter  indicator has been developed to complement your manual trading. This indicator can be used for both short scalping and long swing trading. Features No repaint indicator This indicator does not change its values when new data arrives Trading pairs Any currency pair Time frame H1 is preferable, but you can adapt it to any timeframe Trading time Around the clock Requirements The use of an ECN broker with tight spreads for scalping some positions is mandatory. Don
FREE
Dark Point
Marco Solito
4.83 (266)
Dark Point  is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy, also adopting the use of the atr to determine the right volatility. We can enter in good price with this Indicator, in order to follow the   strong trend   on the current instrument. If you love Dark Point, consider adding some power: Dark Power Key benefits Easily visible take profit/stop loss lines Intuitive directional points/arrows by colors Useful statistics , which indicate the win
FREE
Super Trend Ind
Alexander Chertnik
5 (9)
Super Trend Indicator uses two moving averages for calculating the trend direction.  Combination with other market signals and analysis is necessary and provides more stable results. Indicator can be easily customized by the user including change of colors, with and arrow sizes. FREE   Super Trend Expert Advisor >  https://www.mql5.com/en/market/product/81160?source=Site +Profile+Seller developed, tested and optimized   on "   VantageMarkets   "  platform. Recommended broker > Vantage open a
FREE
True Supply Demand
Mustafa Sabir
4.68 (41)
*Recommended on H1 and higher timeframes *You will see the trading zones and identify the most profitable points to open positions. The indicator marks the supply and demand zones. *With this show you will now make profitable trades that will set the trends. *Shows all support and resistance zones. *Can work in all time zones. *No need to mess with complicated settings, all settings are optimized. Professional version of the indicator with added alarm and notification *All products: The source
FREE
Dark Bands
Marco Solito
4.89 (46)
Dark Bands   is an Indicator for intraday trading. This Indicator is based on   Counter Trend  strategy but use also Volatility. We can enter in good price with this Indicator, in order to follow the inversions on the current instrument. Key benefits Easily visible take profit/stop loss lines Reliable bands lines with futuristic colors, and  Intuitive directional arrows Useful   statistics , which indicate the   win rate   of the signals   Plus Package  available, leave a feedback to recei
FREE
Chart Projection
Lorentzos Roussos
4.67 (42)
Chart Projection Indicator Chart projection started as a small indicator that used the built in zig zag technical indicator to forecast future price action (you can find the old algorithm in the comments) The idea is simple , past price action does not translate into the future but maybe if we don't get overly specific ,or , overly generic ,we can extract guidelines about what could happen . The "thesis" of Chart projection is this : Traders will look at the chart to make their decisions , so
FREE
What Is Moving Average Convergence Divergence (MACD)? Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a tri
FREE
Trend Line Channel
David Muriithi
4.14 (7)
This indicators automatically draws the Trend Channels for you once you've dropped it on a chart.  It reduces the hustle of drawing and redrawing these levels every time you analysis prices on a chart. With it, all you have to do is dropped it on a chart, adjust the settings to your liking and let the indicator do the rest.  Get an alternative version of this indicator here:   https://youtu.be/lt7Wn_bfjPE For more free stuff visit:  https://abctrading.xyz Parameters 1) Which trend do you want
FREE
Level 2 Trading
Thomas Bradley Butler
5 (6)
This is from open source and is free. Trade what's in the candles. How many buyers or how many sellers, bullish candles, bearish candles. Identify who is in control of the market. This indicator is a sentiment indicator that shows buyer and seller volumes over a number of the past bars. It is reworked from open source  Level 2 is traded from bids and asks.  Many sentiment indicators are too fast and it is hard to determine the trading direction.  I changed the graphics to reflect day trading.  T
FREE
Full VWAP MT4
Alexandre Borela
4.85 (27)
If you like this project, leave a 5 star review. Follow on instagram: borelatech Volume-weighted average price is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which a stock is traded over the trading horizon. VWAP is often used as a trading benchmark by investors who aim to be as passive as possible in their execution. With this indicator you will be able to draw the VWAP for the: Current Day. Current Week. Curre
FREE
Identify Trend
Aleksey Ivanov
4.26 (27)
The Identify Trend indicator, using fairly simple but robust filtering methods (based on the moving median – algorithm XM )  and more complex algorithms (XC, XF, XS, four types of non-lagging moving averages   SMAWL, EMAWL,  SSMAWL, LWMAWL ) developed by the author , allows determined (1) the beginning of a true trend movement very precisely and, most importantly, with a small delay, and (2) identifying the flat. Such an indicator can be used for trading scalper strategies as well
FREE
Calculator of Lot Size
Mihails Babuskins
4.86 (7)
Calculation of Lot Size for many traders is a big challenge. A case that is very important in money management. What many traders ignore. Choosing an appropriate Lot Size in trades can improve results and it will ultimately lead to success. This indicator calculates the authorized Lot Size for your trades. The indicator uses the following values to get the appropriate Lot Size for positioning: The distance of Stop Loss. The Pip Value. The amount of Risk Allowed For Each Trade. T
FREE
You can download the Full version here . Introduction: Swing Scanner is the indicator designed to detect swings in the direction of the trend and possible reversal swings.The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. This indicator shows Swing that is a strong hint for an excellent entry point and finds immediately with alarm and notification and also has sto
FREE
CPIndicator
Alexander Chertnik
4.6 (5)
Candlestick Patterns Indicator.  The Indicator draws colored candlestick patterns, their description and future levels of Stop Loss / Take Profit. This Indicator is a suitable tool for beginners and professionals as one at market trading. Combined with other market analysis, can greatly improve trading results. Indicator can be highly customized by the user including change of colors, fonts, levels, candle sizes etc... indicator can be used also for alerts. Recommended broker > Vantage
FREE
Pivot Point Fibo RSJ is an indicator that traces the support and resistance lines of the day using Fibonacci rates. This spectacular indicator creates up to 7 levels of support and resistance through Pivot Point using Fibonacci rates. It is fantastic how the prices respect each level of this support and resistance, where it is possible to perceive possible entry/exit points of an operation. Features Up to 7 levels of support and 7 levels of resistance Set the colors of the levels individual
FREE
HMA Trend
Pavel Zamoshnikov
4.58 (71)
A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The movement
FREE
Lines Profit Loss
Taras Slobodyanik
4.75 (16)
The indicator displays profit (loss) on the current symbol. You can freely drag and drop the line to display the current profit or loss. Parameters Calculation in money or in points — calculate the profit/loss in points or money. Add pending orders to calculate — take pending orders into account in calculations. Magic Number (0 - all orders on symbol) — magic number, if it is necessary to evaluate specific orders. Offset for first drawing (points from the average price) — offset of the line fr
FREE
2 00 X 8 = 1600   Symbols-Timeframes  Full scan on the moment !!! This Indicator does   Not repaint   and   N ot lag . Download directly  the indicator file here. (if you can't open on MT4) This is the demo version,   the demo version scans charts in W1 and MN1 time-frames , to unlimited access and scan full symbol-timeframes, please download the full version. Download   full version here. 123 Pattern Breakout Trend is your friend, trade along the trend, but how do we identify trends? Some
FREE
SuperTrend Nrp New Mtf
Wenfei Huang
4.69 (16)
This index is based on the secondary development of supertrend, adding the combination index of Ma mean line user-defined algorithm, NRP, MTF three index weighted realization function. There are two colors in the batch marking, orange for short and green for long. Supertrend index is the first artificial intelligence indicator in the whole network --- signal light trading strategy. It imitates the uncertain concept judgment and reasoning thinking mode of human brain. For the descr
FREE
Color Levels
Roman Podpora
4.58 (38)
Color Levels is a convenient tool for traders using a Trendline and a Rectangle in their technical analysis. It allows setting two empty rectangles, three filled ones, and two tredlines. The indicator parameters are very simple and divided into numbered blocks: The ones beginning with 1 and 2 - empty rectangle (frame) parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters. Simply click a desired object and it will appear in the upper left corner. Main Adjustable
FREE
Traditional MACD MT4
Daniel Lewis
4.61 (61)
MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This
FREE
Quasimodo Indicator QM MT4 ADVANCE PRICE ACTION TRADING CONCEPT. This is the demo version of the indicator. This version only shows patterns that have occurred in the past of the market (for testing). Download the full version to find new signals that occur recently. Quasimodo is  a reversal trading pattern  that appears at the end of an uptrend. As a price formation, the Quasimodo pattern is depicted by three peaks and two valleys, where: First, the middle peak is the highest, while the outside
FREE
Info Plus
Richard Waweru
4.91 (45)
Info Plus is a simple tool that displays the current status on an asset class. The information displayed by Info Plus includes: Bid Price The high and low of the day. Candle time left. Current spread. Selected timeframe. Asset class selected (Symbol). Pip value. Open Positions. Total pips booked. Pips per trade. Session times (they may not be accurate and are subject to changes). Date and time. How it Works When loaded onto any chart, Info Plus automatically gets the following parameters: Bid
FREE
Easily Identify
Khurram Mustafa
4.25 (24)
As per name  Easily Identify,  This Indicator is a  affordable trading tool  because with the help of  Popular Developers & Support of M Q L Platform  I have programmed this strategy. I tried to input 4 types and 3 periods of Calculation regarding Support Resistance, Furthermore, I have also care about Trend lines  that Trader can easily get in touch with market in another way also. What is in for Trader? Trading Modes:  This selection is for activate whole strategy  "Easily Identify" Support_
FREE
PZ Super Trend
PZ TRADING SLU
4.18 (39)
A top-quality implementation of the famous Super Trend indicator, which needs no introduction. It is completely loyal to the original algorithm, and implements many other useful features such as a multi-timeframe dashboard.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade It implements alerts of all kinds It implements a multi-timeframe dashboard It is non-repainting and non-backpainting Input Parameters ATR Period - This is the average true range peri
FREE
AW Flexible Fractals
Alexander Nechaev
3.5 (6)
The indicator analyzes the price structure of fractals and identifies possible reversal points of market dynamics. Perfect when used in combination with other types of indicators. Advantages: Works on all instruments and timeseries, Doesn't redraw its results, Customizable colors of indicator elements, Works well with any trending strategy, Adjusting the strength of fractals. MT5 version -> HERE / Our news ->  HERE Strategy: AW Flexible Fractals   is an indicator that indicates signals
FREE
Show Pips
Roman Podpora
4.27 (62)
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price (always following it); As a comment (in the upper left corner of the chart); In a selected screen corner. You can also select a data separator:
FREE
Basic Harmonic Pattern
Mehran Sepah Mansoor
4.58 (31)
This indicator identifies the most popular Harmonic Patterns which predict market reversal points. Free MT5 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard   and  Basic Harmonic Patterns Dashboard MT5 ) Include Gartley Butterfly Bat Crab Main Inputs Allowed Deviation : Limit patterns to have Maximum allowed deviation from the ideal ratios for each pattern. Depth : Larger value means Larger Patterns and vice versa. Alert : Alerts message on MT4 terminal w
FREE
Auto Fibo MT4
Rodrigo Arana Garcia
Auto Fibo is an indicator developed to enhance your manual trading. It will draw the golden ratio automatically, saving you time and facilitating your trading. Attach the indicator to the graph and it will automatically draw the exact golden ratio, saving you the trouble of having to find the critical point. The interface adjusts according to your computer to the approximate high and low points of the band. This indicator will correct most start and end point selection errors. For each band, th
FREE
Volume Profile FR(Fixed Range) supply and demand This is the demo version(It's free on  EURCAD   chart), for unlimited features , download the full version here.  sing volume as a fundamental parameter in the analysis is very common. A typical volume indicator works on a time axis. With it you can determine the volume of each candle, but to get the volume of price levels you need something more than a normal volume indicator: Volume Profile Indicator A functional and useful tool that can impr
FREE
Trading Sessions 3
Guillermo Pineda
4.8 (5)
Trading Sessions 3 Description Display the intra-day trading sessions from ASIA , LONDON and NEW YORK ASIA Session : Most volatile currencies AUD , NZD , JPY LONDON Session : Most volatile currencies GBP , EUR NEW YORK Session : Most volatile currency USD Inputs Modifiable trading hours as HH:MM format Custom days to display sessions Note : GMT+3 = Helsinki Timezone
FREE
Buy Sell Signal Low TF gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern in low timeframe. This is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend.   The components of Buy Sell Signal Low TF: - The trend is determined by SMMA 13 , SMMA 21 and SMMA 35 ( can be changed manually to suit your preference). - The signal is
FREE
Pivot Trading 4
Kaijun Wang
5 (13)
Pivot trading: 1.pp pivot 2. r1 r2 r3, s1 s2 s3 Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Strongly recommend trend indicators,   a
FREE
Color Levels Pro
Billel Hamza
4.86 (14)
Color Levels Pro is a new version of the normal Color Levels. It allows setting two empty rectangles, three filled ones, two tredlines, and two triangles. The indicator parameters are very simple and divided into blocks: The ones beginning with 1 and 2 - empty rectangle (frame) parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters; 8 and 9 - triangle parameters. Simply click a desired object and it will appear in the corner. Main Adjustable Parameters : C
FREE
Stochastic Rsi Style
Javier Morales Fernandez
Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** -My new Night Scalping EA
FREE
MT Rider
Andrej Kidric
5 (1)
MT Rider This MT Rider is a multi time frame  trend indicator ... Based on a standard MACD , moving average convergence divergence indicator. With just one glance at the chart, we can see the directions of all time intervals.The trend average is additionally displayed in percentages. You often hear the experts: trade in the direction of the trend. But, you need to find the correct ratio, to trade on your time interval. With this indicator you will eliminate all doubts. This indicator from 
FREE
CAP Channel Trading
MEETALGO LLC
3.88 (112)
The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu
FREE
TrendLineArrows
Helge Christian Holtkamp
This Indicator identifies Horizontal Lines as well as Trendlines Alerts Via Handy-Mt4App, Mail, and in the MT4 Desktop App via Sound. You can use it with any automatic Indicator displaying levels in your Chart. And of course also with your selfdrawn Trend or Horizontal Lines. Helpful Tool for FRZ* Indicator Automater or Universal Indicator EA Users. But the Indicator will only recognize the highest and the lowest Level(Line) that one can find in the Chart Looking for "Trendline" or "Horizonta
FREE
READ THE DESCRIPTION ITS IMPORTANT - ONLY TAKES 2 MINUTES - THIS IS A TOOL NOT A TRADING STRATEGY Market Profile By Global Trade Live A Market Profile is a graphical representation that combines price and time information in the form of a distribution. A Market Profile is used to determine elapsed time, number of ticks and volumes traded at specific prices, or over a price interval, over a given period. A Market Profile also makes it possible to identify prices accepted or rejected by the ma
FREE
Xmaster formula indicator analyzes the trend. In addition,It generates buy and sell signals that work for most currency pairs and timeframes. In conclusion, we have optimized the formula of Xmaster to be more accurate by adding a volatility analyzer and Multi-timeframe analysis. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our premium indicators.   Click here. Key feature  The Indicator is displayed in
FREE
Our indicator will provide a spread screener to monitor the spread of multiples pairs simultaneously and also a candle timer countdown displays the remaining time before the current bar closes and a new bar forms. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our premium indicators.   Click here. Key Features Monitor multi-pairs spread simultaneously. Tracks server time, not local time. Configurable Text
FREE
RSI divergence indicator finds divergences between price chart and RSI   indicator and informs you with alerts (popup, mobile notification or email). Its main use is to find trend reversals in the chart. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. Three confirmation type for RSI   divergences: RSI   line cross 50 level Price returns to previous H/L Creat
FREE
Breakout Box
Claus Dietrich
4.36 (28)
BREAKOUT-SESSION-BOX LONDON EU US ASIA Open watch the expectation of a volatile movement above or under the opening range We take the high of the range as Entry for a long trade and SL will be the low of the range and vice versa the low of the range as Entry for a short trade and the high for SL The size of the range is the distance to the TP (Take Profit) The range of the opening hours should not be larger than about 1/3 of the average daily range 4 breakout examples are already predefined:
FREE
BB Engulfing Bar V2
Nedyalka Zhelyazkova
4.3 (10)
The indicator defines the Bullish and Bearish Engulfing Bar. They are reversal Price Action signals. This means that engulfing bars can be used to capture potential reversals in the market. Engulfing Bars can be played with or against the trend. For an engulfing bar to be valid it must fully engulf at least one previous bar or candle - includes all the body and the wick. The engulfing bar can engulf more than one bar as long as it completely engulfs the previous bar. Inputs BullishBar - true t
FREE
Risk Profit tool
Aleksandr Krokhalev
4.67 (33)
This indicator allows you to manage your exposure and see how the lot changes. You can choose the optimal lot value for your deposit without opening real positions. And also evaluate new trading instruments. If you trade manually, then risk management will help you avoid unexpected losses. The indicator includes the ability to receive a sound signal when a specified level is reached, as well as send push notifications and a message to the mail.
FREE
High Low Open Close MT4
Alexandre Borela
4.77 (13)
If you like this project, leave a 5 star review. Follow on instagram: borelatech This indicator draws the open, high, low and closing prices for the specified period and it can be adjusted for a specific timezone. These are important levels looked by many institutional and professional traders and can be useful for you to know the places where they might be more active. The available periods are: Previous Day. Previous Week. Previous Month. Previous Quarter. Previous year. Or: Current Day. Cu
FREE
MACD Intraday Trend is an Indicator developed through an adaptation made of the original MACD created by Gerald Appel in the 1960s. Through years of trading it was observed that by changing the parameters of the MACD with Fibonacci proportions we achieve a better presentation of the continuity of the trend movements, making that it is possible to more efficiently detect the beginning and end of a price trend. Due to its efficiency in detecting price trends, it is also possible to identify very c
FREE
Smoothed HeikenAshi
Radek Reznicek
5 (5)
FREE Heiken Ashi Smoothed   indicator is fully adjustable, easy to use and comes with possibility to access the indicator via   iCustom  function so you can use it in your own trading software. Indicator can also pop up alerts when signal changes or send push notifications. For Metatrader 5 version click here:  https://www.mql5.com/en/market/product/70825 For detailed information click:   >>HERE<< Features Easy to use Accessible via iCustom Fully adjustable Alerts and Push notifications Possi
FREE
Moving Average Price Crossover alert Indicator:  is an indicator that calculates the Precise Entry and Exits for your strategy, using an automated Complex algorithm to alert you at the crossing of the price and the moving average line. ATTENTION: THIS INDICATOR IS NOT RELIABLE FOR TRADING IF ITS USED ALONE I RECOMMEND USING ONE OF MY THREE BELOW BEST STRATEGIES INSTEAD. My mission is to help you become a       Professional Trader , In the       shortest period of time  possible, by giving you a
FREE
The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following indicators/oscillators: MACD, OsMA (Moving average of Oscillator), Stochastics, RSI, CCI, RVI, Awesome (AO), ADX, ATR, OBV, MFI, Momentum and   Composi
FREE
ArrowZigZagMT4
Wenfei Huang
4.2 (20)
This index is based on the secondary development of zigzag, adding high and low point arrow indication, thickening the line and changing the color. Can be a good display of the current admission trading signals, current long or short. It can be combined with other indicators to determine the trading point, which has great reference value. Compared with the general trend index or oscillation batch standard, the accurate determination is higher from the perspective of historical data research and
FREE
Follow The Line
Oliver Gideon Amofa Appiah
4.33 (9)
FOLLOW THE LINE GET THE FULL VERSION HERE: https://www.mql5.com/en/market/product/36024 This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL.  It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for mo
FREE
MQLTA Pattern Detector
MQL4 Trading Automation
5 (2)
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. Demo version working on AUDNZD can be found https://www.mql5.com/en/market/product/29189 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used to draw the graphical obje
FREE
PT Color Alert MACD
ION DEVDER
4.86 (7)
Moving average convergence divergence (MACD) is a   trend-following   momentum   indicator that shows the relationship between two   moving averages   of a security’s price.  The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosse
FREE
About: A Fibonacci indicator is best used with other indicators like Pivots, Support/Resistance etc. Price tends to use Fibo levels as Support or Resistance lines. So, this indicator is very useful to know when price might reverse or if a level is crossed, price might continue the trend. Also, to find the best Take Profit and StopLoss lines. Don't use Fibo Indicator alone for trading as it might not always be accurate. Use it to make your strategies better as a supporting indicator. Settings:
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MQLTA Support Resistance Lines
MQL4 Trading Automation
4.27 (11)
MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572 How does it work? The indicat
FREE
PZ Bollinger Trend
PZ TRADING SLU
4.69 (13)
A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Customizable colors and sizes It
FREE
Cumulative Delta MT4
Evgeny Shevtsov
4.63 (30)
The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. The indicator operation modes can be switched using the Mode input variable: Buy - display only the buyer volumes. Sell - display only the seller volumes. BuySell -
FREE
RSI Divergence Limited
Mihails Babuskins
5 (4)
The full version of the indicator is available   here  Also you can download the  >>>>   Hybrid Trading EA  <<<<  that is designed and implemented based on  RSI Divergence Indicator. RSI Divergence Demo (use on EURAUD) RSI is a pretty useful indicator in itself but it's even more effective when you trade divergence patterns with that. Because the divergence signal of the RSI indicator is one of the most powerful signals among the indicators. Divergences signal a potential reversal point because
FREE
This tool gives you the opportunity to display pivot point support and resistance levels as well as the daily open, weekly close and monthly close levels on your chart with high levels of customization. Pivot points are important horizontal support and resistance levels that get calculated using the high, low and closing price of the previous period (for example D1). With this indicator, you can choose between hourly to monthly timeframes to base your pivot point calculation on. There is a
FREE
How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Entry Buy in Signal price and TP1 in price indicator, You can use trailing stop in TP1. Entry Sell in Signal price and TP1 in price indicator, You can use trailing stop in TP1. Success Rate ≥ 75% 100:25 Step 2: Set Stop Loss Stop loss BUY ----> You can set stop loss on Line Order SELL.  Stop loss SELL ----> You can set stop loss on Line Order BUY.  Step 3: Set Take Profit Option 1: Take profit on TP1. Option 2: Partial take
FREE
Omega Trend Indicator
Lachezar Krastev
4.64 (25)
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
Pro Supply Demand
Thomas Bradley Butler
This indicator does not delete the previous zones like most supply and demand indicators, it is opensource but made into non repaint.  It is comparable to any of the more expensive brands on the market.  It works on any time frame. The levels will add and make more lines if time frames are switched back and forth.  It is best to leave on 1 time frame and don't switch back and forth.   There are only 2 inputs which are: narrow bands retouch
FREE
This system is an Heiken Ashi system based on RSI calculations . The system is a free open source script originally published on TradingView by JayRogers . We have taken the liberty of converting the pine script to Mq4 indicator . We have also added a new feature which enables to filter signals and reduces noise on the arrow signals. Background HEIKEN ASHI The Heikin-Ashi technique is used by technical traders to identify a given trend more easily. Hollow white (or green) candles with no l
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MQLTA Supertrend Multi Timeframe
MQL4 Trading Automation
4.78 (9)
MQLTA Supertrend Multi Timeframe indicator combines the Supertrend detected on multiple timeframe to confirm the trend of a pair. This indicator requires you to already have the FREE indicator MQLTA Supertrend Line to work https://www.mql5.com/en/market/product/25951. How does it work? The indicator checks the status of the Supertrend in all your selected timeframes showing you the result in an easy-to-read table. How to trade with Supertrend Multi Timeframe indicator Ideally you want to Buy
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