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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.
Trend Catcher with Alert
Issam Kassas
4.68 (65)
The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail
FREE
The Supply and Demand Order Blocks: The "Supply and Demand Order Blocks" indicator is a sophisticated tool based on Smart Money Concepts, fundamental to forex technical analysis. It focuses on identifying supply and demand zones, crucial areas where institutional traders leave significant footprints. The supply zone, indicating sell orders, and the demand zone, indicating buy orders, help traders anticipate potential reversals or slowdowns in price movements. This indicator employs a clever algo
FREE
Golden Hunter MT4
Rodrigo Arana Garcia
4.88 (8)
MT5 Version Golden Hunter has been developed for traders who trade manually in the markets. It is a very powerful tool consisting of 3 different indicators: Powerful entry strategy: Formed by an indicator that measures the volatility of the currency pair and identifies the market trend. LSMA: Smoothes the price data and is useful to detect the short term trend. Heikin Ashi: Once the indicator is attached to the chart, the Japanese candlesticks will change to Heikin Ashi candlesticks. This type
FREE
Market Structure MT4
Agus Santoso
3.5 (2)
This all-in-one indicator displays real-time "Market Structure" (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our community to release more features in the same category. "Market Structure" is a fairly new yet widely used term among price action tra
FREE
Critical Zones MT4
Rodrigo Arana Garcia
4.5 (6)
Critical Zones has been created especially for manual traders looking for more accurate market entries. This indicator uses advanced algorithms to detect areas of interest by calculating the most relevant support and resistance on the chart as well as their breakouts and retests. This indicator can be configured to send alerts and notifications when potentially lucrative buy/sell opportunities are detected, allowing traders to stay on top of trading opportunities even when they are not in front
FREE
The Support and Resistance Levels Finder: The Support and Resistance Levels Finder is an advanced tool designed to enhance technical analysis in trading. Featuring dynamic support and resistance levels, it adapts in real-time as new key points unfold on the chart, providing a dynamic and responsive analysis. Its unique multi-timeframe capability allows users to display support and resistance levels from different timeframes on any desired timeframe, offering a nuanced perspective, such as showi
FREE
Comprehensive Moving Average
Mehran Sepah Mansoor
4.9 (10)
Access a wide range of moving averages, including EMA, SMA, WMA, and many more with our professional   Comprehensive Moving Average   indicator. Customize your technical analysis with the perfect combination of moving averages to suit your unique trading style /  MT5 Version Features Possibility to activate two MAs with different settings. Possibility to customize chart settings. Possibility to change the color of the candlesticks depending on crossed MAs or price crossed with MAs. Sending of a
FREE
The Trading Sessions Time Indicator: The "Trading Sessions Time Indicator" is a powerful technical analysis tool designed to enhance your understanding of different trading sessions in the forex market. This seamlessly integrated indicator provides crucial information about the opening and closing times of major sessions, including Tokyo, London, and New York. With automatic time zone adjustment, it caters to traders globally, helping them optimize their trading schedules for high liquidity per
FREE
Ultimate Trend-Following Indicator: MACD-Based Signal Generator Unlock the power of trend-following with our advanced indicator, designed to optimize your trading strategy using the MACD (Moving Average Convergence Divergence) and a 200-period Moving Average (MA). This indicator not only provides precise buy and sell signals but also helps you manage risk with dynamic support and resistance levels. What is the MACD? The MACD is a popular trend-following momentum indicator that shows the relatio
FREE
Introducing the "PR Support and Resistance " indicator , a powerful  FREE price action indicator   rooted in the foundational principles of support and resistance analysis within the realm of forex technical analysis. Designed to identify crucial reversal zones, this indicator utilizes the concept of swing highs and lows, pivotal points where market sentiment shifts. At its core, this indicator is engineered to recognize significant swing highs and lows, which serve as key markers of potential t
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/u
FREE
Blahtech Candle Timer
Blahtech Limited
4.83 (92)
Over 100,000 users on MT4 and MT5 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 The only candle timer on MT4 with no stutter and no lag S electable Location Tracks server time not local time Multiple colour Schemes Configurable Text Customisable alerts and messages Optimised to reduce CPU usage Input Parameters Text Location   - Beside / Upper
FREE
Supply Demand MT4
Agus Santoso
4 (1)
FREE MT4 INDICATOR :  https://www.mql5.com/en/market/product/125434 FREE MT4 ASSISTANT :  https://www.mql5.com/en/market/product/107986 Please leave a 5 star rating if you like this free tool! Thank you so much :) RALLY BASE RALLY (RBR), DROP BASE RALLY (DBR), DROP BASE DROP (DBD), RALLY BASE DROP (RBD), FAIR VALUE GAP (FVG) / IMBALANCE, HIDDEN BASE Introducing the "Supply Demand MT4" Indicator – your ultimate tool for navigating the dynamic world of financial markets with precision and confi
FREE
Trading sessions, Market hours,Session times,Forex hours,Trading schedule, Market open/close times,Trading time zones,Session indicators,Market clock,ICT,Asia KillZone,London Killzone,New York Killzone Traders should pay attention to the impact of trading time zones, as different market activity times and trading volumes can directly affect the volatility and trading opportunities of currency pairs. In order to help traders have a comprehensive understanding of the market situation and better fo
FREE
Fair Value Gaps MT4
Cao Minh Quang
4.29 (7)
The Fair Value Gap (FVG) is a price range where one side of the market liquidity is offered, typically confirmed by a liquidity void on the lower time frame charts in the same price range. Price can "gap" to create a literal vacuum in trading, resulting in an actual price gap. Fair Value Gaps are most commonly used by price action traders to identify inefficiencies or imbalances in the market, indicating that buying and selling are not equal. If you're following the ICT Trading Strategy or Smart
FREE
Full VWAP MT4
Alexandre Borela
4.75 (36)
If you like this project, leave a 5 star review. 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. Current Month. Current Quarter. Current Y
FREE
Pin Bars
Yury Emeliyanov
5 (3)
Main purpose: "Pin Bars" is designed to automatically detect pin bars on financial market charts. A pin bar is a candle with a characteristic body and a long tail, which can signal a trend reversal or correction. How it works: The indicator analyzes each candle on the chart, determining the size of the body, tail and nose of the candle. When a pin bar corresponding to predefined parameters is detected, the indicator marks it on the chart with an up or down arrow, depending on the direction of
FREE
Basic Harmonic Pattern
Mehran Sepah Mansoor
4.54 (54)
This indicator identifies the most popular   Harmonic Patterns   which predict market reversal points.  These harmonic patterns are price formations that are constantly repeating in the forex market and suggest possible future price movements /    Free MT5 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard ) Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Fu
FREE
Full Fractals
Sergey Ermolov
4.8 (10)
MT5 version  |   Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |  FAQ The Fractals Indicator is one of the elements of the author's trading strategy of  Bill Williams . It is used to search for price reversal points on the price chart and, consequently, support and resistance levels. The Full Fractals Indicator is an improved Fractals which is available in the toolkit of almost all trading terminals. Its only difference is that to build a fractal we use 5 candles to the left and 2
FREE
Basic Candlestick Patterns
Mehran Sepah Mansoor
4.5 (4)
Our Basic Candlestick Patterns indicator makes identifying major candlestick patterns easier than ever. Discover patterns such as the Hammer, the Evening Star, the Three White Soldiers and many more with just a glance at your chart. With an intuitive interface and clear visual cues, our indicator helps you identify trading opportunities quickly and accurately /  MT5 version Dashboard Scanner for this indicator: ( Basic Candlestick Patterns Dashboard ) Features Accuracy : Automatically identifie
FREE
Dark Bands
Marco Solito
4.95 (144)
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 receive
FREE
Supertrend Fakeout MT4
Duc Hoan Nguyen
4.25 (4)
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Supertrend Fakeout Indicator is an enhanced version of the classic Supertrend indicator, designed to deliver more reliable trend signals. By incorporating advanced features like the Fakeout Index Limit and Fakeout ATR Mult, this indicator helps to filter out false trend reversals cau
FREE
Area of Interest
Suvashish Halder
4.5 (4)
The Area of Interest (AOI) Indicator is a powerful tool designed to help traders identify key market zones where price reactions are highly probable. This indicator specifically highlights two critical zones: Seller AOI (Area of Interest) : This zone represents areas where sellers are likely to enter the market, often acting as resistance. When the price approaches or touches this zone, it signals that a potential sell-off could occur. Buyer  A OI (Area of Interest) : The BOI zone identifies re
FREE
PPR and Engulfing
Yury Emeliyanov
5 (2)
PPR and Engulfing is a unique technical indicator designed to identify the "PPR" and "Engulfing" patterns on currency charts in the MetaTrader 4 (MT4) trading platform. These patterns can indicate potential trend reversals or continuations, providing traders with valuable signals for entering and exiting the market. Key Features: Automatic Pattern Detection : The indicator automatically identifies and marks PPR and Engulfing patterns with arrows on the chart. Visual Signals : Green upward arrows
FREE
Ultimate Moving Average Crossover Alert Indicator Unlock the power of moving averages with our sophisticated crossover alert indicator, designed to enhance your trading strategy and ensure you never miss a crucial signal. Key Features Our Moving Average Crossover Alert Indicator is essential for traders who rely on moving averages. It not only identifies crossovers but also provides multiple forms of alerts to keep you informed, wherever you are. 1. Real-Time Alerts: Crossover Notifications:  
FREE
Pips Chaser MT4
Rodrigo Arana Garcia
4.25 (4)
Pips Chaser  indicator has been developed to complement your manual trading. This indicator can be used for both short scalping and long swing trading // MT5 Version 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 Buffers  Buy Buffer: 0 / Sell Buffer: 1 Requirements The use of an ECN broker with tight spreads fo
FREE
Forex Market Profile and Vwap
Lorentzos Roussos
4.75 (4)
Volume Profile Indicator / Market Profile Indicator What this is not : FMP is not the classic letter-coded TPO display , does not display the overall chart data profile calculation , and , it does not segment the chart into periods and calculate them. What it does :  Most importantly ,the FMP indicator will process data that resides between the left edge of the user defined spectrum and the right edge of the user defined spectrum. User can define the spectrum by just pulling each end of the indi
FREE
Price Retest
Suvashish Halder
4.86 (7)
Introducing our exciting new Price Retest indicator! Get instant alerts when the price retests, giving you a powerful edge in your trading strategy. Remember to do your own analysis before making any moves in the market. MT5 Version -  https://www.mql5.com/en/market/product/118159/ Join To Learn Market Depth -   https://www.mql5.com/en/channels/suvashishfx Here’s a detailed explanation of how the Price Retest indicator works, its components, and how you can incorporate it into your trading str
FREE
Refined Order Block Indicator for MT4 The Refined Order Block (OBR) indicator is a specialized tool tailored for traders utilizing ICT and Smart Money (SMC) methodologies on the MetaTrader 4 (MT4) platform. This indicator pinpoints bullish order blocks in green and bearish order blocks in brown, assisting traders in recognizing pivotal market zones. Order block regions are critical price areas where substantial institutional orders can heighten the probability of trend reversals or directional
FREE
WH Fair Value Gap MT4
Wissam Hussein
4.3 (10)
Experience trading like never before with our unparalleled Fair Value Gap MT4 Indicator,(FVG) hailed as the best in its class. This MQL5 market indicator goes beyond the ordinary, providing traders with an unmatched level of accuracy and insight into market dynamics. EA Version:  WH Fair Value Gap EA MT4 SMC Based Indicator:  WH SMC Indicator MT4 Features: Best-in-Class Fair Value Gap Analysis. Customization. Real-time Alerts. User-Friendly Perfection Seamless Compatibility Benefits: Unriva
FREE
VWAP With Alerts MT4
Francisco Gomes Da Silva
5 (4)
This VWAP is a simple VWAP, but we've incorporated notifications that inform you when the price hits or crosses the VWAP line. This indicator is a traditional VWAP indicator for MetaTrader 4 (MT4). The default parameters are those of the normal VWAP, but you have the ability to modify the VWAP calculation, and the best part: When the price touches or crosses the VWAP, you will be notified through alerts, mobile notifications, email, or sound events. Anchored VWAP indicator for MT4 . Parameters:
FREE
Basic Renko MT4
Mehran Sepah Mansoor
3.4 (5)
The   Basic Renko  indicator is a powerful tool for traders looking for a clear and concise market perspective. Our indicator not only simplifies trend visualization, but also offers accurate alerts for reversals, providing a strategic edge in your trading /   Free MT5 Version Features Fully Customizable:   Tailor the indicator to your business preferences with advanced customization options. From colors to box size settings, you have full control over how information is displayed on your char
FREE
SMC Traders
Lesedi Oliver Seilane
4.11 (9)
SMC Traders is a non-repaint indicator that is based on Price Action The indicator uses current market structure to predict future reversals. The indicator can be used with our free Market structure zig zag which can be found here:  https://www.mql5.com/en/market/product/91579 Please note to find the HH AND HL CLINK ON LINK ABOVE Timeframes: 15 minutes for scalping 1 Hour for swing trading Purple Arrow look for sells in conjunction with LL White Arrow look for buys in conjunction with HL
FREE
Auto Fibo MT4
Rodrigo Arana Garcia
5 (7)
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
Volumatic Trend MT4
Suvashish Halder
4.67 (3)
Volumatic Trend is a powerful, trend-following indicator that merges directional analysis with real-time volume behavior. By combining adaptive trend logic and volume overlays, it gives traders a detailed snapshot of market conviction and potential turning points. From instant trend shift detection to volume-weighted candle visuals, this tool brings deeper context to price movement. MT5 Version -  https://www.mql5.com/en/market/product/136211/ Join To Learn Market Depth -   https://www.mql5.com/
FREE
Trend Line Channel
David Muriithi
3.93 (14)
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 t
FREE
Super Trend Ind
Alexander Chertnik
4.73 (40)
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
FREE
MACD Indicator It has MACD line, Signal line, and Histogram. The Histogram has 4 colors based on Direction Above and Below the Zero Line, showing its movement direction as simple as possible. Allows Show MACD & Signal Line, Show Change In color of   MACD     Line based on cross of Signal Line. Show Dots at Cross of MacD and Signal Line, Turn on and off Histogram. Enjoy your trading experience, and feel free to share your comments and reviews. If you are interested in this indicator, you might
FREE
It is FREE on EURUSD chart. All Symbols version! Contact me for any questions Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The   break and retest   strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The
FREE
Power of Three
Suvashish Halder
4.5 (2)
The "Power of Three" (PO3) is a concept developed by the Inner Circle Trader (ICT) to illustrate a three-stage approach used by smart money in the markets: Accumulation, Manipulation, and Distribution . ICT traders view this as a foundational pattern that can explain the formation of any candle on a price chart. In simple terms, this concept is effective for any time frame, as long as there's a defined start, highest point, lowest point, and end. MT5 -  https://www.mql5.com/en/market/product/124
FREE
Dark Point
Marco Solito
4.83 (316)
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 ra
FREE
HMA Trend
Pavel Zamoshnikov
4.6 (67)
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 d
FREE
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Maximize your trading edge with Follow Line with Scanner, an advanced volatility-based indicator designed for serious traders. This tool combines the power of Bollinger Bands with customizable settings, offering precise insights into price movements. See more MT5 version at:   Follow Lin
FREE
Supports And Resistances Lines MTF MT4
Francisco Gomes Da Silva
4.89 (9)
Supports and Resistances, was created to help you identify tops and bottoms automatically on several different timeframes and thus plot these tops and bottoms on the current chart. Let's go to the explanation of the creation of resistances There is a rule field, which you can define what is a top and bottom the top rule is set by default like this: H[ 0 ]<=H[ 1 ] and H[ 1 ]=>H[ 2 ] Where: Element Description H  means   High [0]  means   current   candle [1]  means   previous   candle <=  mean
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 b
FREE
AW Trading Sessions Time
AW Trading Software Limited
5 (2)
For the convenience of traders in obtaining data on the performance of markets and better formulating trading strategies, we have developed a trading session indicator. The opening hours of various exchanges affect trading as it affects market activity and trading volumes. These factors determine the volatility and trading opportunities of different instruments. The AW Trading Sessions Time indicator displays the trading hours of the Asian, London and New York markets. Traders can show or hide
FREE
BOS and CHOCH with Label Indicator MT4  The BOS-CHOCH with Label Indicator is an essential tool for traders who employ ICT and Smart Money trading strategies. Utilizing a sophisticated algorithm, this indicator detects and marks price structure breakouts (known as BOS, or Break of Structure) and shifts in market behavior (CHOCH, or Change of Character) directly on the chart. By showcasing every structural shift and market transformation, traders can efficiently observe both significant and subt
FREE
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 description
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 (doesn't repaint) Price returns to
FREE
Silver Bullet MT4
Saksham Solanki
5 (2)
Contact me for any queries or custom orders, if you want to use this in an EA. Key Features: Pattern Recognition : Identifies Fair Value Gaps (FVGs) Spots Break of Structure (BOS) points Detects Change of Character (CHoCH) patterns Versatile Application : Optimized for candlestick charts Compatible with any chart type and financial instrument Real-Time and Historical Analysis : Works seamlessly with both real-time and historical data Allows for backtesting strategies and live market analysis Vi
FREE
Valable ZigZag
Sergey Ermolov
4.57 (7)
MT5 version  |  Trend Monitor VZ Indicator  |  Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |   FAQ The Elliott wave theory   is an interpretation of processes in financial markets that relies on a visual model of waves on price charts.   The Valable ZigZag indicator   displays the wave structure of the market, which can be used to make trading decisions. The Valable ZigZag indicator is more stable and does not often change its direction like the classic ZigZag indicator, misleadin
FREE
Consolidation Zone
Suvashish Halder
5 (4)
Consolidation Zone Indicator is a powerful tool designed for traders to identify and capitalize on consolidation patterns in the market. This innovative indicator detects consolidation areas and provides timely alerts when the price breaks above or below these zones, enabling traders to make informed trading decisions. MT5 Version :  https://www.mql5.com/en/market/product/118748 Join To Learn Market Depth -   https://www.mql5.com/en/channels/suvashishfx Key Features: 1. Consolidation Detecti
FREE
PZ Reversal Fractals MT4
PZ TRADING SLU
3.91 (57)
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 kin
FREE
RelicusRoad MACD v2
Relicus LLC
4.6 (5)
The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line and
FREE
UPD1 Volume Cluster
Vitaliy Kuznetsov
4.8 (15)
The algorithm finds the zones of reduced volatility based on the UPD1 Trend Direction Indicator and builds the maximum horizontal volume based on the UPD1 Volume Box Indicator . As a rule, a strong trend movement occurs when exiting accumulation. If the price has left the accumulation, then it can test its maximum horizontal volume (POC). Smart alerts are available in the settings. Input parameters. Main Settings. Bars Count – the number of history bars on which the indicator will work. Timef
FREE
Basic Supply Demand
Mehran Sepah Mansoor
3 (1)
Basic supply demand   indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions /   Free MT5 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator   automatically   scans the chart for
FREE
SMC Trading Pro
The Anh Pham
4.5 (4)
Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order
FREE
RangeXpert MT4
Steve Rosenstock
3.85 (13)
FREE INDICATOR - UNLIMITED ACCOUNTS - CLICK HERE FOR ALL MY FREE PRODUCTS When it comes to   spotting the perfect opportunity in the market   and following the   strong trend   through a breakout, this   RangeXpert indicator   offers invaluable support. The indicator was developed by me specifically for   beginners and semi-professionals   and offers outstanding analysis functionality that allows you to precisely identify market opportunities and optimize your trading strategies. RangeXpert le
FREE
Venom trend pro
Antoine Melhem
5 (1)
Venom Trend Pro — Multi-Timeframe Trend Analysis Tool Venom Trend Pro is a trend-following and swing-trading indicator designed to help identify clear directional moves across any pair and any timeframe . It works well for intraday and swing setups on Forex, gold, crypto, indices, and more. The indicator analyzes recent price structure and momentum to detect emerging or continuing trends. Once a trend is confirmed, signals remain fixed — there is no repainting after candle close . Key Features
FREE
Simple QM Pattern
Suvashish Halder
4 (1)
Simple QM Pattern is a powerful and intuitive trading indicator designed to simplify the identification of the Quasimodo (QM) trading pattern. The QM pattern is widely recognized among traders for effectively signaling potential reversals by highlighting key market structures and price action formations. This indicator helps traders easily visualize the QM pattern directly on their charts, making it straightforward even for those who are new to pattern trading. Simple QM Pattern includes dynamic
FREE
Market Structure Zig Zag
Lesedi Oliver Seilane
4.67 (27)
Free Market structure zig zag to assist in price action trading the screenshots describe how to use and how to spot patterns new version comes with alerts, email alert and  push notification alert can be used on all pairs  can be used on all timeframes  you can add additional confirmation indicators the indicator shows you your higher high and low highs as well as your lower lows and lower highs  the indication makes price action analysis easier to spot.
FREE
1-2-3 Pattern Indicator for MetaTrader 4 The 1-2-3 Pattern Indicator for MetaTrader 4 is a sophisticated technical tool designed to identify potential market reversals. It highlights three significant turning points, connecting them with a ZigZag pattern to visually map the price trajectory. Once the formation is complete, the indicator automatically generates Fibonacci retracement levels between the first two points to assist with trade planning. «Indicator Installation & User Guide» MT4 Indi
FREE
Engulfing Candle Signal Alert: Elevate Your Trading Strategy   Unlock the full potential of your trading with the Engulfing Candle Signal Alert, the ultimate tool for identifying market reversals and enhancing your trading precision. Designed specifically for traders who value accuracy and timely alerts, this powerful indicator detects engulfing candle patterns, a key signal in technical analysis that often indicates a potential shift in market direction.   What is an Engulfing Candle?   An engu
FREE
Gold Levels MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price, displays price levels of support and resistance from all time frames (TF) using the Murray method based on the Gann theory. The indicator indicates overbought and oversold fields, giving an idea of possible reversal points and at the same time giving some idea of the strength of the current trend.   Description of levels: (Extreme Overshoot) - these levels are the ultimat
FREE
CAP Channel Trading
MEETALGO LLC
3.86 (122)
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, cryptocurren
FREE
Cumulative Delta MT4
Evgeny Shevtsov
4.86 (29)
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
YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD 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 Th
FREE
WH DrawFib Pro MT4
Wissam Hussein
5 (6)
Are you tired of manually drawing Fibonacci levels on your charts? Are you looking for a convenient and efficient way to identify key support and resistance levels in your trading? Look no further!  Introducing DrawFib Pro, the ultimate MetaTrader 4 indicator that does auto f ibonacci   levels   drawing on your charts and provides timely alerts when these levels are breached. With Draw Fib Pro, you can enhance your trading strategies, save time, and make more informed decisions. My fibonacci bas
FREE
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Introducing the SuperTrend by Kivanc Ozbilgic with Scanner  – a versatile and powerful tool designed to help you stay ahead of market trends, complete with customizable features and real-time alerts.  You can adjust the ATR calculation method between RMA (Relative Moving Average) and SMA
FREE
AI Channels MT4
Duc Hoan Nguyen
5 (1)
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The AI Channels Indicator utilizes rolling K-means clustering —a powerful machine learning technique in clustering analysis—to deliver real-time insights into underlying price trends. This indicator creates adaptive channels based on clustered price data, enabling traders to make informe
FREE

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