Free Technical Indicators for MetaTrader 4 - 14

FTU Corvus Indicator for the mt4 platform, can be used solely for trading, best combined with other indicators    Developed with various indicators such as macd, adx to draw an arrow for a suggestion of entry or trend change This indicator is similar to FTU Idioteque - see my other indicators such as FTU Predictor Watch a short intro video on youtube: https://youtu.be/n_nBa1AFG0I Features: Sell and Buy arrows Visual and sound alert Trend continuation / Early trend change signal New features

This indicator is the basis for an Expert Advisor that can be categorized as "almost Grail". See details below.             This indicator displays the projection of the Renko chart on the price chart. This projection is displayed as a stepped line, not as "bricks" (rectangles). See slides 1 and 2. Abbreviated name of the indicator: LRC – L ine of R enko on the price C hart.             The principle of its construction is very simple. First, a grid of horizontal lines (levels) is bu

The   Pivot Point indicator   automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Types of pivots Classic Floor Fibonacci Woodie Camarilla DeMark Main features The indicator shows the current and historic

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 EMA50 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

Engulfing Overlap Zone MT4 by RWBTradeLab A clean, non-repainting engulfing OVERLAP detector for MetaTrader 4 — the most selective member of the RWBTradeLab engulfing family. It finds the rare, high-interest moment when a FAILED engulfing zone is overlapped by a CONFIRMED opposite engulfing zone: trapped traders on one side, fresh confirmed pressure on the other, both at the same price area. Every overlap is sorted into 8 types and graded by how much price the two zones actually share. All fro

The indicator displays crossing zero level by Moving Average of Oscillator (OsMA) in the form of arrows. The this is a multi-timeframe indicator, and it displays signals from other timeframes. The indicator notifies about a signal by means of a pop-up Alert window, or sending notification to e-mail. Parameters Time-frame - select timeframe to show indicator signals. Fast EMA Period - fast EMA. This is an exponential moving average from a price with a short period. Slow EMA Period - slow EMA. Th

Read detailed blogpost with screenshots here: https://www.mql5.com/en/blogs/post/771070 What Is "Last Time Here"? Every price move in the market has happened before — or something very similar to it has. "Last Time Here" is an indicator for MetaTrader 4 and MetaTrader 5 that asks a simple question: the last time price was in this exact zone, what did it do next? The indicator identifies the current active ZigZag leg — the most recent swing move from the last confirmed low to the last confirmed

Welcome traders, MA SLOPE SCALPER is a really powerfoul tool to boost up your scalping! Have you been struggling with your scalping Strategies?  Have you tried price action? Well, it does not work.  Have you tried Rsi - Reversal Strategies? Well it'is not a clever idea. MA SLPOPE SCALPER IS A TREND FOLLOWER SYSTEM MA SLOPE SCALPER is based upon 3 different Exponential Moving averages that have bees studied and selected in order to maximize the precision of the signals! Ma SLOPE SCALPER has an i

All-in-one trading powerhouse: trend, reversal, and exhaustion detection This indicator is a personal implementation of the famous Traders Dynamic Index, which uses RSI, moving averages and volatility bands to find trends, reversals and price exhaustions. However, this particular implementation supports not only RSI, but many others. It is suitable for scalping, day trading, and swing trading and aims to provide a full picture of the current market conditions. [ Installation Guide | Update Guid

TG MTF MA MT5     is designed to display a   multi-timeframe moving average (MA)   on   any   chart   timeframe   while allowing users to specify and view the MA values from a particular timeframe across all timeframes. This functionality enables users to focus on the moving average of a specific timeframe without switching charts.   By   isolating   the moving average values of a specific timeframe across all timeframes, users can gain insights into the trend dynamics and potential trading opp

Market Time Watch A clean, lightweight and essential time-tracking tool for every trader Market Time Watch is a professional on-chart time display designed for traders who need an accurate real-time clock and precise candle timing while analyzing the markets. This tool helps you instantly see current local time , server time , and candle countdown directly on your chart without any clutter or heavy UI components. Whether you scalp fast markets, swing-trade sessions, or simply need a clean time r

TrendFinder VolumeI are Colored candlesticks showing the trend based on Volume and Slope of Trend This indicator will give you the color change on the next bar on the confirmation candle and will never repaint Lime Green = Possible Buy (Volume up),  Teal Green = Bullish Weak (Volume Decreasing), Red = Possible Sell (Volume up) , Orange = Bearish Weak (Volume Decreasing) TrendFinder Volume is optimize to trade on any market and to be used trending and None trending markets. For best results use

UniversalFiboChannel is a universal indicator, it builds a trading channel according to Fibonacci levels. This indicator is a full-fledged channel trading strategy. The indicator is installed in the usual way and works with any trading tool. Options HelpBasisTF = "M: 43200; W: 10080; D1: 1440; H4: 240; H1: 60" is a hint for the BasisTF parameter BasisTF = 1440 - base period for calculating Fibonacci levels DisplayDecimals = 5 - the number of decimal places of the price of the trading instrumen

M1Arrows is a MT4 trend arrows Indicator * Smart Scalper Setup (M1) :: Signal 5 Main 20 + Signal 20 Main 80 + Fibonacci ZigArcs 20 (Screenshot1) Add the indicator with first setting, then add it again to the same graph with other settings. You can add as many as you want, but 2 M1Arrows in just one graph is enought Never open orders againt the slow setting trend Do not open more than 3 orders per slow setting trend It will work better in Europe/USA markets, * M15 Day Trade Setup: Signal 20 ma

Gold TL MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price and reflects trend lines along the fractals of a specific timeframe (TF).   Benefits of the indicator: The indicator produces signals with high accuracy. The confirmed signal of the indicator does not disappear and is not redrawn. You can trade on the MetaTrader 4 trading platform of any broker. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices e

MACD Crossover Arrows & Alert is a MT4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits on the stocks and currencies market. This mt4 indicator provides a   BUY signal   if the MACD main line crosses above the MACD   signal  line . It also displays a   Sell signal   if the   MACD main line crosses  below the MACD   signal  line . STRATEGY Traders can use the MACD signal alerts from a higher time frame

O LevelPercentual é um indicador profissional desenvolvido para a plataforma MetaTrader 4 (MT4), criado para auxiliar traders a mapearem zonas de exaustão e reversão intradiária com base na variação percentual do ativo. Em vez de depender de cálculos estáticos baseados em pontos fixos ou pips, o indicador calcula de forma dinâmica a variação do preço a partir da abertura do dia ( Daily Open ), normalizando a leitura entre diferentes pares de moedas. Principais Funcionalidades: Modo Automático In

WindFlow HTF is a useful tool suited to use in conjunction together with my WindFlow indicator. This indicator will give you a background vision about the price action trend on a higher timeframe, so when it runs with the WindFlow indicator you have an almost complete trading solution. At this point, you only need some support/resistance analysis and a bit of focus to become a consistent trader. The metaphorical "wind's ballet" Professional traders know that every timeframe is governed by its o

This is Free product you are welcome to use for your needs! If you like   this   indicator , please leave short positive feedback! Thanks a lot! Click here to see high quality Trading Robots and Indicators! Crypto_Forex Indicator "CCI with Alerts" for MT4, No Repaint. - CCI is one of the most popular oscillators for trading. - Built-in PC and Mobile Alerts for both: Entry to OverSold/OverBought zones and Exit from OverSold/OverBought zones. - With adjustable trigger levels for Alerts activation

Esse indicador mede o 1º Canal de referencia e a 1º  Zona Neutra * configurar o canal macro para verificar a frequencia MAIOR H1 H4 1D * configurar o canal micro para verificar a frequencia Menor 1M 5M 15M Como instalar o Indicador fimathe. E uma pré mentoria tem uma estrategia Secreta bonus nesse video . assitao o video para enteder as logicas que podemos iniciar com esse indicador. https://www.youtube.com/playlist?list=PLxg54MWVGlJzzKuaEntFbyI4ospQi3Kw2

RSI Color and Notification Setting Usages :: 1. Set value Oversold and Overbought 2. Set period RSI 3. Set Color 4. Notify to Alert, Email and Mobile. For Trading :: Forex and Binary option 1. When the color alarm occurs in the OVB area, do the preparation. To enter a Sell order 2. When the color alarm occurs in the OVS area, do the preparation. To enter a Buy order 3. When RSI is between OVB and OVS, consider another indicator to trade.

This is an indicator detecting trend direction. It uses the popular Bill Williams Alligator. It shows market state on all timeframes on one chart. As is well known, traders gain the main profit on the Forex market trading by trend, and losses usually occur when the market is flat. So, in order to gain profit a trader should learn to detect trend market and direction of a current trend in a rapid manner. This indicator has been developed for this purpose. MTF Alligator helps to: Profitably trade

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

Simple Fair Value Gap MT4 Unlock the power of fair value gaps with this simple and precise, easy to use indicator designed to identify and visualize market inefficiencies. Simple Fair Value Gap is an mt4 indicator which paints  the center of a fair value gap candle with a different color. A Fair Value Gap (FVG) is a three candle formation in which the middle candle does not get completely overlapped by the left and right candle. i.e The difference between the high and low of either left or right

TMA Stochastic is an indicator based on stochastic oscillator and tma bands indicator , this indicator is based on a reversal strategy . Recommended time frame : 15 and above  Recommended settings : lower values for scalping , higher values for swing trading  Try the free version :  https://www.mql5.com/en/market/product/108379 ======================================================================= Parameters :  tma history : how many bars back to show tma bands on stochastic K period (Stochasti

This indicator plots in the candles the divergence found in the selected indicator and can also send a notification by email and / or to the cell phone. Works on all TIMEFRAMES. Meet Our Products   He identifies the divergences in the indicators: Relative Strength Index (RSI); Moving Average Convergence and Divergence (MACD); Volume Balance (OBV) and;. iStochastic Stochastic Oscillator  (STOCHASTIC). It is possible to choose the amplitude for checking the divergence and the indicator has to b

DailyBreakout Indicator — a visual indicator for traders who trade breakouts of daily levels. Automatically displays the key boundaries of the previous trading day, EMA moving averages, and session time markers — everything updates in real time without manual configuration. Perfectly suited for Daily Breakout, London Open, New York Open strategies, and any breakout systems based on the previous day's High/Low. Features: Automatic calculation and display of the previous day's high and low Dynami

The LexusBO indicator is recommended for trading binary options . Signals are generated when the RSI, ADX, CCI indicators cross the customizable levels. The indicator displays signals using "up/down" arrows on the chart. Their values are available in the buffer arrays (buffer with index 0 - "up" arrow, with index 1 - "down" arrow). This makes the indicator easy to use for automated trading through specialized Expert Advisors. The recommended timeframe is M5. The indicator has a built-in counter

The presented indicator, based on the volatility readings of a financial instrument plots dynamic S/R levels on the price chart. The indicator determines the trend and points to possible entry points formed by local highs/lows. The indicator allows you to notify the user of its signals by sending messages to the terminal and e-mail. The indicator does not repaint or recalculate. Signals when working with the indicator: The appearance of a red arrow above the price chart is a possible start of a

The indicator searches for and displays Doji candlesticks on the chart and signals the appearance of such a candle. The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In addition to the possibility of signaling, the power of the reversal is graphically shown (the more green, the more likely growth, the more red, the price will fall). In the indicator settings, you can change the parameters of the Doji candlestick, the closu

When prices breakout resistance levels are combined with   Larry Williams' Percentage Range "WPR"   oscillator breaks out its historical resistance levels then probability emerges to record farther prices.   It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side

MTF WPR  Screener  A compact multi-timeframe dashboard that converts Williams’ %R (WPR) into a clear, actionable signal: NOW: BUY/SELL with confidence % , plus the Best Entry TF suggestion and a simple volatility label . What you get NOW decision (every second): BUY / SELL + confidence % Best Entry TF: highlights the most suitable timeframe for entry in the current direction MTF table (optional): WPR values across timeframes in one panel (toggle “Details”) Two trade display modes: STRICT: shows

A carry trade can quietly collect swap for three months and then lose all of it to price movement in a week. What matters is not the size of the swap but its size relative to how much the symbol moves. The raw column in your terminal cannot answer that: the figures are published in different units, the contracts are different sizes, and the volatility differs by an order of magnitude. Those numbers were never comparable with each other. Swap Scanner converts every symbol to a single figure in

L'indicatore Go Trend è un indicatore personalizzato per MetaTrader 4 (MT4) basato su una logica di ZigZag con tre livelli di periodi diversi. Questo indicatore è progettato per identificare i punti di inversione del prezzo (massimi e minimi) su diversi timeframe, aiutando i trader a individuare potenziali trend e punti di ingresso/uscita nel mercato. Funzionalità Principali Identificazione dei Punti di Inversione (ZigZag) L'indicatore utilizza una logica di ZigZag per tracciare linee che coll

Product Title Smart Fractals (MT4) – part of the SmartView series Short Description A Fractals indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and distin

The Magic LWMA indicator is of great help in determining trend direction. It can be an excellent addition to your existing strategy or the basis of a new one. We humans can make better decisions when we see better visually. So we designed it to show a different color for rising and falling trends. Everyone can customize this in the way that suits them best. By setting the Trend Period, we can optimize it for longer or shorter trends for our strategy. It is great for all time frames. IF YOU NEE

Current indicator shows the trading sessions for the major financial centres: London New York Tokyo Sydney There are available two types of displaying zones: in sub window below the chart and on the chart. When the subwindow is selected, the sessions are shown in the form of bars. If the sessions are shown on the main chart, they are displayed in the form of lines at the open price of the session that may also act as a support and resistance for further price action during the trading day.  The

It is a custom non-repaint indicator to identify trade opportunities in swing action as prices move within an upper and lower band. Inspired by the Keltner Channel, the most popular channel Indicator introduced by Chester Keltner. It is different with a Bollinger Bands. It represents volatility using the high and low prices, while Bollinger's studies rely on the standard deviation. The algorithm for this indicator is also available in the EntryMaximator EA. Including the option to use it or not.

The Triple Fusion Signal (Confluence): Catching The Perfect U-Turn Single indicators often cause false positives, collecting "market noise". But when three completely different tools logically point to the same point at the same time, this is already a weighty argument for entry. This signal is based on the principle of Confluence (confluence of factors), combining the strength of oscillators with daily price boundaries. What does the signal include? The signal combines three independent level

Session Standard Deviation Date Range Analyzer: Evaluate the standard deviation of each bar's price (high, low, close, open, weighted, median, and typical) within defined trading sessions and date ranges, providing detailed insights into price volatility and market behavior. **Note:** When the trading platform is closed, the indicator may not load correctly. To ensure it works, you may need to load the indicator, unload it, and then load it again. **Note:** This indicator can only be used with

* All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me to send you instructions and add you in "Candle Scanner group" for sharing or seeing experiences with other users. Introduction: Candles tell their story. When looking at a candle, it’s best viewed as a contest between buyers and sellers. Candlestick patterns are used to predict the future direction of price movement. Candlesticks are an easy way to understand the price action. You can use candlesticks to decid

VIEW THE CURRENCY STRENGTH AND PAIR STRENGTH FOR "X" BARS IN A GIVEN TIMEFRAME. The Currency Strength Multimeter indicator shows the strength, direction and rank of each of the following currencies: AUD CAD CHF EUR GBP JPY NZD USD Furthermore, it also shows the strength, direction and rank of each of the following currency pairs: AUDCAD AUDCHF AUDJPY AUDNZD AUDUSD CADCHF CADJPY CHFJPY EURAUD EURCAD EURCHF EURGBP EURJPY EURNZD EURUSD GBPAUD GBPCAD GBPCHF GBPJPY GBPNZD GBPUSD NZDCAD NZDCHF NZDJPY

The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A

This indicator calculates directly the value of the dollar index by using the ICE formula to plot the chart, this can help you as reference. You do not need your broker to provide the ICE DX to use this indicator, is a way to have it calculated. Little discrepancies could be found in the exact value of the candles or time due closing time of the trading floor and the use of decimals, but generally will give you good reference.  You need your broker offers the feed for the following pairs in orde

The ADX Indicator is known to be used to determine the trend direction. Not only that, but it also has deviation (+DI and -DI) that determine the direction of the trend as well. The role of the indicator is to spot the trend and its direction and generate signals accordingly. Indicator Settings: - ADX period : default is 14 periods (it works best with the timeframe H1). - Signal Width : the size of signals arrows. - Signal Distance : the distance of the signal arrow from the candle. - Signal co

WPR MTF shows Williams Percent Range for the current chart and optional higher or lower timeframes in a single subwindow. Features Up to 8 %R lines at once (Chart, M1–MN) Adjustable period, colours, styles and widths Classic levels at −20 and −80 Optional text panel with latest values (off by default) How to use Attach to any chart. Enable the timeframes you need (e.g. Chart + H1 + H4). Watch overbought / oversold zones together across timeframes. Note This is an analytical tool, not an auto-tr

WaveForce Linreg Channel draws a linear regression channel on the last N bars, with deviation bands at ±1σ and ±2σ (TradingView-style layout). Features Center regression line ±1σ solid bands, ±2σ dotted bands Adjustable lookback (20–2000 bars) Adjustable σ multipliers, colours and width Optional ray to the right Optional chart label (off by default) How to use Attach to any chart. Set the number of bars for the channel. Tune ±1σ / ±2σ multipliers if needed. Note This is an analytical tool, not

WaveForce PSAR MTF plots Parabolic SAR calculated on a timeframe you choose and maps it onto the chart you are viewing. Features SAR from Chart, M1, M5, M15, M30, H1, H4, D1, W1 or MN1 Adjustable acceleration step and maximum Colour, size and arrow code for dots Two display modes: fill every chart bar (default) show dots only on the open of the SAR timeframe How to use Attach to any chart. Select the SAR timeframe (e.g. H1 on an M15 chart). Fine-tune step / maximum if needed. Note This is an an

L'indicatore   Trend Reversal   è uno strumento tecnico progettato per identificare potenziali inversioni di trend sul mercato, basandosi sulla formazione di   Pin Bar . È particolarmente efficace su time frame come   H1 (orario) , dove i pattern di inversione tendono a essere più affidabili. L'indicatore segnala le inversioni di trend disegnando un   pallino rosso   per indicare un potenziale trend ribassista e un   pallino verde   per un potenziale trend rialzista. Come Funziona l'Indicatore L

Pivot Points Classic and Camarilla draws Classic pivot levels (P, R1-R3, S1-S3) and Camarilla levels (H1-H4, L1-L4) directly on the chart. The levels are calculated from the High, Low and Close of the previous period of the timeframe you choose (D1 by default), and every period is drawn as a horizontal line over the period it applies to, so you can see how price reacted to the levels on previous days, weeks or months. Features Classic pivots - the central pivot P with three resistance (R1-R3) an

The indicator, which displays two different pairs on one chart, is designed to simplify the displayed information,   Able to work with almost all instruments available in the terminal (not only currency pairs, but also metals, raw materials). Feature of using the visual correlation method for any currency pairs subsymbol. The currency pair is displayed on the screen with colored candles. This is the same correlated pair. mirroring. auxiliary currency. The indicator reflects two types of correl

MAD Bands (Moving Average Deviation Bands) MAD Bands are intended to be used when you want to visually check the behavior of price volatility in relation to a moving average. MAD_Bands (MQL4 version) parameter description This document explains the MT4 parameter input screen for each setting item (input parameter). Group: Main (basic settings) Period Default   :       20 Explanation   : The number of candlesticks used to calculate the moving average (Mid) and band width. The larger the value,

Of course. Here is the product description for "RenkoVP for MetaTrader 4 RenkoVP for MetaTrader 4 (EURUSD Only) RenkoVP is a powerful, fully online Renko-based indicator designed specifically for analyzing the EURUSD currency pair. It provides traders with a clean, noise-free view of market structure by combining traditional Renko bricks with advanced volume profile analysis, dynamic Fibonacci tools, and automatic pattern recognition—all without the need for problematic offline charts. Core F

Fractal Reversal Pro identifies 1-2-3 reversal patterns based on fractals and displays potential trend reversals with visual arrows on the chart. Core Features: The indicator detects classic 1-2-3 reversal patterns through fractal analysis. Blue arrows mark bullish signals below price, red arrows mark bearish signals above price. Optional Filters for Signal Enhancement: Trend filter with moving average Volume filter for confirmation with above-average volume Higher timeframe confirmation for tre

MTF Analyzer — Multi-Timeframe Day Trading Dashboard Overview MTF Analyzer is a comprehensive multi-timeframe analysis dashboard designed for intraday day traders. It simultaneously analyzes four timeframes (M5, M15, H1, H4) using five professional-grade indicators and combines their signals into a single, clear trading recommendation — telling you exactly when to buy, when to sell, and at what price levels. The dashboard runs in a separate subwindow below your chart, keeping your price action c

Prime Power is a professional analytical tool for MetaTrader 4 designed to identify the real-time strength and weakness of 8 major currencies. Unlike traditional indicators that analyze a single pair, this system monitors the entire Forex market simultaneously, revealing powerful trends and high-probability reversal points through the mathematical comparison of relative capital flows. Core Features & User Instructions 1. Smart Interactive Dashboard The central control hub that automatically sort

Elegant Oscillator (EO) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is EO? The Elegant Oscillator (EO) is a normalized momentum indicator that combines a Fisher Transform (inverse hyperbolic tangent) with a Butterworth low-pass filter. It measures the relative strength of recent price mov

Smarter Trend Channel Indicator Description: The Smarter Trend Channel Indicator is a powerful and adaptive tool designed to help traders visually identify key market trends by drawing dynamic support and resistance channels on the price chart. It uses advanced fractal calculations to plot trendlines that adjust based on market conditions, helping traders spot potential breakout zones and market turning points. Key Features: Customizable Trend Channel Display: Easily show or hide the trend chan

Precision Trailing Stop   is a dynamic trailing stop indicator that anchors itself to real market structure instead of lagging moving averages or fixed ATR multiples. It identifies key structural price levels on both sides of the market, builds adaptive support and resistance bands, and engages a ratcheting stop that only moves in your favour. As market structure evolves, outdated levels drop out of the calculation automatically. The result is a trailing stop that stays tight to price action whe

A fractal divergence is a hidden divergence , based on Bill Williams' fractals. A bullish fractal divergence is a combination of two lower fractals, the last of which is located below the previous one, and, at the same time, two candles to the right of the Low of the last fractal have Lows higher than the previous fractal level (see screenshot 1). A bearish fractal divergence is a combination of two adjacent upper fractals, the last of which is located above the previous one, but, at the same ti

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

Williams %R indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Williams %R? Williams %R (Williams Percent Range) is a momentum oscillator developed by Larry Williams that measures the level of the closing price relative to the high-low range over a given period. Values range from -100 to 0, w

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 Advanced Bollinger Bands: 1. The Bollinger rail will change color with the direction" 2. The

Pattern Explorer is a reliable tool for applying all the power of the most popular Japanese Candlestick Patterns . It uses Machine Learning algorithms to confirm all the patterns. What is the most impressive thing about it? Select Take Profit and Stop Loss and click on “Backtest your strategy” button to backtest your strategy in real time and to see according to your selection: Total signals Testable signals (signals that are reliable to be tested) Profitable signals (%) Loss signals (%) Total p

“Gold Miner Robot” is a very powerful AI-Based robot designed and built to accurately analyze the market and trade on gold. Developed by “Keyvan Systems” after more than 3 years of research and development on each tick of the gold chart. "Gold Miner Robot" uses a complex algorithmic approach based on price analysis, trend analysis. We have also provided two other personalized indicators called "GoldMinerRobot SI 1" and "GoldMinerRobot SI 2" for better market analysis, which you can download free

The indicator 'draws' a daily, weekly or monthly candlestick on the current chart. Shows in points the sizes of the upper and lower shadows, the body and the entire candlestick. Real time work. Works in the strategy tester. Indicator parameters: How_much_to_show - how many blocks to show. Block_period - block period (day / week / month) Shift - shift from the edge of the chart in bars. language - language selection.

The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded. You can see more of my publications here: https://www.mql5.com/en/users/joaquinmetayer/seller

The C ycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar. Input - length = 10 default We add these values together going back the the length setting. If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3 There are 2 ways to trade Close Strength Value: 1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows.  2. Trade when the

This indicator is the converted Metatrader 4 version of the TradingView indicator "ATR Based Trendlines - JD" by Duyck. This indicator works by automatically and continuously drawing trendlines not based exclusively on price, but also based on the volatility perceived by the ATR. So, the angle of the trendlines is determined by (a percentage of) the ATR. The angle of the trendlines follows the change in price, dictated by the ATR at the moment where the pivot point is detected. The ATR percentag

This indicator draws a four-color MACD histogram in a separate window. It helps you see both the direction of momentum and whether that momentum is getting stronger or weaker. The MACD line uses EMA 12 and EMA 26 on the close price. The signal line is SMA 9 of the MACD line. The histogram is the MACD line minus the signal line. Bar colors show the side of the zero line and whether the current bar is larger or smaller than the previous bar. Color meaning: Dark teal: above zero, histogram rising.