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Free Technical Indicators for MetaTrader 4 - 14

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.
Awesome Pivot Indicator
Komang Putra Riswanjaya
The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity
FREE
Smart Volatility Index
Suvashish Halder
4.5 (2)
This is one of the most popular and highly rated volatility index (VIX) indicators on the market. It provides the same readings as the VIX does for stock indexes. However, this indicator works across all asset classes.  VIX Fix Finds Market Bottoms.  This indicator is not for inexperienced traders. Use it for day and swing trading. MT5 Version -  https://www.mql5.com/en/market/product/112284 Join To Learn Market Depth -   https://www.mql5.com/en/channels/suvashishfx Bernard Baruch summed i
FREE
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
FREE
Fast Scalping Minutes
Dedy Prasetiyo
4.8 (5)
How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Entry Buy in Line color Blue Touch on line color Red. Entry Sell in Line color Blue Touch on line color Green. Success Rate ≥ 80% 100:20 depend your experience and fast your take. Step 2: Set Stop Loss Stop loss BUY ----> You can not put stoploss with a fixed price, your speed in determining the closing request------>Line color Blue Touch on line color Green. Stop loss SELL ----> You can not put stoploss with a fixed price, yo
FREE
Backtest with good trend detection results from January 2023 EURUSD Time frame: m15, m30, H1 AUDUSD Time frame: m15, m30 NASDAQ Time frame: m15 S&P 500 Time frame: m15, m30 XAUUSD Time frame: m30 BTCUSD Time frame: H4 These are just some of the assets tested (Please note that past results are no guarantee of future results). Note that this is not a complete strategy, you can use this indicator as an entry trigger after your analysis by setting stop loss and take profit values ​​that you deem
FREE
Trend Radar Chart Tracker
Natasha Diedericks
3 (2)
Easily track and trade with the trend using this indicator. Uses a circle and line to indicate the trend direction. Excellent for channels. Features alert function. Parameter TrendPeriod can be changed to your preference. How to use: Simply attach to any chart. Blue circle plus blue line cross below price = Buy. Red circle plus red line  cross above price = Sell. Best results when taking higher time frames into consideration before entering a trade. (Hint: Wait for the radar/circle to appear on
FREE
Automated Timeframe cycling with Symbols centered.  Force every timeframe onto one clock window, so the story you see on Daily is the same story you are slicing on H4, H1, and M1.  Traders usually flip timeframes and lose the span. A Daily chart shows a few weeks, then M15 shows a few hours, and the eye treats them as different markets. TASSERACT locks the window to N bars of the highest enabled timeframe — default 10 Daily — and maps every lower timeframe to that same stretch. You stay inside o
FREE
The Hull Moving Average (HMA), developed by Alan Hull from 2005, one of the most fast-moving Average, reduce lag and easy to use to identify Trend for both Short & Long term. This Indicator is built based on exact formula of Hull Moving Average with 3 phases of calculation: Calculate Weighted Moving Average (WMA_01) with period n/2 & (WMA_02) with period n Calculate RAW-HMA: RAW-HMA  = 2 * WMA_01(n/2) - WMA_02(n) Weighted Moving Average with period sqrt(n) of RAW HMA HMA = WMA (RAW-HMA, sqrt(n)
FREE
ZigZag New
Navdeep Singh
4.33 (3)
Informative & optimized Zigzag, Accumulated volume, Price change   A rewrite of the traditional zigzag tool with new additions. Features:- Optimized code Displays accumulated volume between peaks Displays price change between peaks Usage:- Identify trend swings Identify high volume swings Compare price changes between swings Drawing Fibonacci tool on strong price change or high volume swings
FREE
FREE TopClock  Indicator: This indicator is   an Analog Clock That Shows: Local Time Of Pc or Time Of Broker Server or sessions(Sydney -Tokyo London -NewYork)Time or custom Time( with GMT -Base) this can  shows Candle Time Remainer with Spread live. You can run this indicator several times for different times and move it to different places on the chart. If you would like, this indicator can be customized for brokers and their  IB based on customer needs.  For more information contact us if you
FREE
Mirror chart
Salavat Yulamanov
4.5 (2)
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
FREE
Candle GAP
Thushara Dissanayake
3 (1)
The Candle GAP indicator is an essential tool for traders utilizing Gap Trading Strategies as it automatically identifies candle gaps for each day of the week. A gap refers to a price level difference between the close and open of two consecutive days. This indicator recognizes four types of gap patterns: Common, Breakaway, Continuation, and Exhaustion. By incorporating this indicator into any chart, traders can validate their signals and enhance their trading decisions. One of the key features
FREE
hi dear today i write an indicator of crossing 2 moving averages and show a label for the signals of it . .......................you can select the period of movings and the method of moving............... ......................and also method of apply price and see the movings and signals.................. ................also you can turn off showing movings to see just signal labels.......................... ................................................wish the best for you................
FREE
Trend Edges
Mariusz Piotr Rodacki
5 (1)
The "Trend Edges" indicator determines whether the trend is rising or falling. It is suitable for any time frame (tested on DAX). The indicator should be treated like Bollinger Bands, meaning that if it breaks out upwards, you can buy with a stop loss below the lower edge. Find a trending pair, index or CFD. Additionally : -Sound alert on trend change. -Alert Notification -Alert Notification on your mobile phone Check my other indicator "Trend Edges histogram"
FREE
OsMA Arrow MTF
Pavel Shutovskiy
3.9 (10)
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
FREE
Our offer also includes a free panel — Indicator Panel — which allows you to show or hide indicators created by BOToBRACIA ->  MT4  /   MT5 Our offer also includes a version for MetaTrader 5 ->  https://www.mql5.com/en/market/product/179251?source=Site+Market+Product+Page Indicator Panel is a tool designed to manage the visibility of technical analysis objects generated by our indicators. Instead of enabling/disabling individual indicators or manually removing chart objects, a single checkbox
FREE
Pulse Informer
Andrei Gerasimenko
5 (3)
Информационная панель, которая выставляет уровни покупки продажи и цели для профита на текущий день. Уровни рисуются согласно движению валюты за вчерашний день. Панель вмещает в себя информацию о валютной паре, тенденции на рынке, время до закрытия бара, управление капиталом, рекомендуемый лот, профит в пунктах, а также уровни для покупки и продажи инструмента. Для заключения сделок использовать только отложенные ордера на пробой. Входные параметры Lots - установить текущий лот Risk - риск в про
FREE
Draw Profit
Le Dang Nguyen Hoang Vu
4.71 (21)
Draw Profit indicator can efficiently help those traders who want to see on the chart all closed positions output: profit or loss.  If set DrawProfit on your chart managed by an Expert Advisor (EA) you will see clearly it’s performance by its profits & losses. My other products:  https://www.mql5.com/en/users/hoangvudb/seller Input parameters: Show Profit Labels : show profit of orders with a label (true/false). Profit Mode : available options: Show in currency. Show in pips. Show in currency a
FREE
Recommended on M15 and higher timeframes Sends alerts and notifications when the zone is create Sends alerts and notifications if zones are retested 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
FREE
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
FREE
Rainbow MT4
Jamal El Alama
Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. The Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available here .
FREE
Fibonacci Retracement object is an object that has been provided by metatrader 4 platform. But  Fibonacci Retracement  object doesn't automated adjust the chart. You have to put and manage it manually to the chart. Because of that, this indicator was created. If you like using filbonacci retracement indicator, highly recommended to use Automated Fibonacci Retracement Indicator if you want to get better result in here: https://www.mql5.com/en/market/product/95515 LT Automated Fibonacci Retraceme
FREE
MTF Alligator
Alexander Pekhterev
4.75 (8)
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
FREE
AQ Pattern Explorer
HIT HYPERTECH INNOVATIONS LTD
3.67 (3)
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
FREE
Parabolic Pro
Yaroslav Varankin
Modified Parabolic SAR: Your Reliable Assistant in the Market This enhanced version of the Parabolic SAR indicator effectively displays trend direction and can be a valuable addition to your trading strategy. Advantages: Trend Direction Reflection: The indicator clearly shows the market trend direction, aiding you in making informed trading decisions. Signal Filtering: This serves as an excellent filter to complement your strategy, helping to eliminate false signals and make more accurate trade
FREE
Product Description CM Ultimate MA MTF V2 is a highly optimized, dual moving average technical indicator developed natively for MetaTrader 4. It displays two independent moving averages (Short-term and Long-term) on a single chart, featuring adaptive 3-color trend visualization to instantly track market momentum shifts. By utilizing high-performance Multi-Timeframe (MTF) technology, this indicator provides traders with clean, noise-filtered trend direction without introducing terminal lag. Ke
FREE
CYCLE WAVE OSCILLATOR indicator is an indicator based on cyclical price fluctuations. This indicator can help you determine overbought and oversold levels, and help you predict price trends within the cycle. MT5 Version here!  You can combine it with our indicators below to make your trading decisions more accurate: Supply Demand Ribbon MT4 Basic Feature: - Three Trend Types: + Zero + Basic + Advanced
FREE
YK Find Support And Resistance
Peechanat Chatsermsak
5 (1)
The " YK Find Support And Resistance " indicator is a technical analysis tool used to identify key support and resistance levels on a price chart. Its features and functions are as follows: 1. Displays support and resistance levels using arrow lines and colored bands, with resistance in red and support in green. 2. Can be adjusted to calculate and display results from a specified timeframe using the forced_tf variable. If set to 0, it will use the current timeframe of the chart. 3. Uses the
FREE
SandwichSR
Jay Benedict Alfaras
GENERAL DESCRIPTION Simple SR Projection based on selected instrument's historical data. Best used in conjunction with current market sentiment, and fundamental analysis. Currently limited to selected pairs due to of historical data to project accurate levels. Generally, for support and resistance, 2 levels are drawn, respectively. The inner levels (R1,S1) project the highs and lows during the opening stages of selected time frame. The outer levels, represent the targets to reach during the clo
FREE
http://www.tradepositive.lat ALGO Smart Flow Structure Indicator The institutional standard for market structure. Designed for serious SMC (Smart Money Concepts) and Price Action traders, this indicator eliminates the noise of conventional fractals. Forget about repainting signals and ambiguity; get a crystal-clear view of the real market structure , validated by strict algorithmic rules. The Bias Dashboard Make informed decisions by monitoring 3 critical variables across 8 simultaneo
FREE
Chart Symbol Changer for MT4
Juvenille Emperor Limited
5 (9)
Chart Symbol Changer for MT4 is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel.  Chart Symbol Changer for MT4  gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.
FREE
Trend Maker Master
Abdulkarim Karazon
4.5 (2)
as the name suggest Trend Maker Master is a trend scalping indicator that give long and short trading opportunity based on price action and ma style trend filter, the indicator Trend Period and Trend Extra Filter will change arrows signals quality and frequency, this leave a space for trader to come out with good combos for each pair. How to trade : Buy : when white buy arrow prints, set sl below recent swing low, and set tp to 1-1 Risk to reward ratio. Sell : when white Sell  arrow prints, set
FREE
Key level fvg
Presley Annais Tatenda Meck
5 (3)
Key Level FVG  Tired of manually scanning your charts for Fair Value Gaps (FVGs)? The Key Level FVG is a powerful and easy-to-use tool designed to automatically detect and display these critical price imbalances for you. Based on popular smart money concepts, this indicator highlights high-probability areas where the price is likely to return, providing you with clear and actionable trading zones. Whether you're a seasoned price action trader or just starting with FVG analysis, this indicator wi
FREE
Colored Candle Time
Saeed Hatam Mahmoudi
Candle Time (MT4) The Candle Time indicator shows the remaining time for the current candle on the active chart timeframe. It adapts automatically to the chart period and updates on every tick. This is a charting utility; it does not provide trading signals and does not guarantee any profit. Main functions Display the time remaining for the current candle on any timeframe (M1 to MN). Color-coded state: green when price is above the open (up), gray when unchanged, and red when below the open (do
FREE
Just another plain Super Trend indicator.  On this one i have added another buffer (on index 2) which can be used on EA; the values is -1 to identify a bearish trend while for bullish trend the value  is 1. Here a code snippet:  int trend = ( int ) iCustom ( NULL , Timeframe, "SuperTrend" , Period , Multiplier, 2 , 1 );   It work on every timeframe.  If you need help to integrate it on your EA, don't hesitate to contact me.
FREE
It is the main indicator of Turtle Trading Strategy. It provides an excellent advantage for following the trend. It gives a signal to enter the transaction in channel breaks.  A sell position is opened when the 20-period lower channel breaks, and a buy position is opened when the upper channel breaks. 2 ATR should be used as the stoploss level. The R-R ratio should be at least 1/2. You can reach the maximum profit opportunity by following the 10-period middle level. Recommended INPUT: 20 Period
FREE
EMA Alert
Santi Dankamjad
5 (4)
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
FREE
================================================================   TradeInfoS_en  -  Trade Statistics Indicator for MT4   Copyright (C) 2014 fx-mt4ea.com ================================================================ OVERVIEW -------- Displays trade history statistics and market info in a separate indicator window. Shows results for All-time, This Month, and This Week in three columns. DISPLAY LAYOUT -------------- [ S ]  T:xx/W:xx/L:xx/R:xx%/PL:xx    <- All-time stats [ M ]  T:xx/W:xx/L:xx
FREE
GTAS Power
Riviera Systems
GTAS Power is a momentum indicator that helps to determine deep trends using combination of moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator is represented as a green or red histogram around a 0 equilibrium line. How to use When GTAS Power is green, deep trend is bullish. When it is red, deep trend is bearish. This indicator can be use as a filter in addition to other GTAS indica
FREE
PinBar indicator is an Indicator identifies price reversal,  pattern and timely identifies that price trend is changed. The Trend change is immediately identified over the chart. Alert is send over the Chart and Email address. Indicator generated Signal Price is displayed over the chart near the PinBar. Please make sure to use on Higher time frames if you are swing trader. for day traders who want to use M30 or M15 time frames, Take profit should be kept minimal. Lower than M15 is not recommende
FREE
Cross EMA with Trend Filter   is an arrow indicator that generates buy and sell signals when two exponential moving averages (EMA 9 and EMA 21) cross. The indicator features built-in trend filters (ADX or EMA slope), which significantly reduce the number of false signals in sideways (ranging) markets. The indicator displays clear arrows on the chart:   Green Up Arrow   — Buy signal   Red Down Arrow   — Sell signal Signals Buy Signal The fast EMA (9) crosses the slow EMA (21)   from below t
FREE
PZ Penta O MT4
PZ TRADING SLU
2.33 (3)
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
FREE
Ind4 Market Time Pad
Vladislav Andruschenko
4.3 (10)
The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The version with analog clock displaying on the chart. Dear friends and users of our EAs, please add your ratings in the  Reviews  section. All updates to our forex software are  free ! This is a free trading utility! Other Features: Ther
FREE
Better Period Separators MT4
Zhi Wen Software Development
Better Period Separators For MetaTrader 4 The built-in period separators feature doesn’t allow users to specify the time period, so you can use this indicator to create more customizable period separators. On intraday charts, you could place period separators at a specific time, you could also place extra period separators at a specific time on Monday to mark the start of a week. On higher timeframe charts, this indicator works the same as the built-in period separators, On the daily chart, peri
FREE
MASi Three Screens
Aleksey Terentev
5 (2)
MASi Three Screens is based on the trading strategy by Dr. Alexander Elder. This indicator is a collection of algorithms. Algorithms are based on the analysis of charts of several timeframes. You can apply any of the provided algorithms. List of versions of algorithms:     ThreeScreens v1.0 - A simple implementation, with analysis of the MACD line;     ThreeScreens v1.1 - A simple implementation, with analysis of the MACD histogram;     ThreeScreens v1.2 - Combines the first two algorithms in
FREE
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
FREE
Reasonable Indicators, Reasonable Prices 1. Core Functions   Multi-Period Resonance : Uses   13, 34, 55   period KDJ for signal filtering.   Gap Up Capture : Identifies   Gap Up   patterns for strong start entries.   Reversal Warning : Predicts tops/bottoms using   J-value   sensitivity. 2. Signal Description   Buy Signal 1: UP (Gap Up) Displays white   “UP”   text. Indicates a   Gap Up   bullish candle above   MA5 . Shows strong   bullish power , suitable for   trend following .
FREE
Oil Master
Abdulkarim Karazon
Oil Master indicator is a very beginner-friendly buy sell arrow type indicator that works on oil pairs, this indicator focuses on giving quick scalping signals with built-in money management in form of Take profit and stop-loss colored lines that come with each arrow signal, the indicator also has its built in Stats panel that gives signal accuracy % alongside useful info. HOW TO USE : Open trade according to arrow direction, after that use the TP and SL lines above and below the arrow and drag
FREE
Spread Meter mt4
Evgenii Aksenov
4.33 (3)
It's obvious that different brokers and different types of accounts may have different spread values (the difference between Bid and Ask price). In such conditions, the same EA might have completely different results in trading. With a bigger symbol spread you get less profit for a trade while the broker gets more profit from you. Therefore, measuring the spread is very important when choosing a broker and an account type, especially for scalping, midnight and intraday strategies. A simple but
FREE
Turtle fast movement
Abdallah Moustafa Hamdy Ahm Abdelrazek
This trend following system was designed by   Dennis Gartman   and   Bill Eckhart , and relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. This trend following system was taught to a group of average and normal individuals, and almost everyone turned into a profitable trader. The main rule is   "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)" . Example
FREE
ZigZag Support Resistance MT4
Emmanuel Tshepang Mosweu
4.67 (3)
This indicator uses the Zigzag indicator to identify swing highs and swing lows in the price chart.    Once it has identified the swing highs and swing lows, it can use them to determine potential support and resistance levels. A support level is formed when the price drops and bounces back up from a swing low, indicating that there is buying pressure at that level. A resistance level is formed when the price rises and reverses downward from a swing high, suggesting selling pressure at that leve
FREE
Trend Strength Meter
Sukunthakan Ngernbamrung
Simple Trading System Update !!! Follow this link to see our 2024 Strategy !!!   ( Download the EAs scanner ) Trend Strength Meter Trend Strength Meter is a practical trading tool developed for MetaTrader 4. It tells you immediately whether buyers or sellers are in control of the market. Instead of checking multiple charts and indicators one by one, Trend Strength Meter analyzes 14 proven indicators across 7 timeframes (M1 to D1) at the same time and displays the result as a simple percentage fr
FREE
TW Session MT4
Altan Karakaya
5 (1)
This product is designed to display the trading sessions of 15 countries based on the time zone of your broker server and various display modes based on your desired settings to prevent chart congestion and the possibility of setting a session with the user's desired time. The sun never sets on the forex market, but its rhythm dances to the beat of distinct trading sessions. Understanding these sessions, their overlaps, and their unique atmospheres is crucial for any forex trader who wants to
FREE
Dominion Levels: The "Market Structure" Architect Perfect for Gold (XAUUSD) The definitive tool for identifying "Hard" Support and Resistance levels that actually hold. Most traders draw support and resistance lines based on feelings or vague zones. The result? Messy charts, subjective decisions, and getting stopped out by "noise." Dominion Levels   solves this by removing the subjectivity. It is not just another line drawer; it is a   Stepped Structure Engine.   It identifies significant pric
FREE
Quasimodo MT4
Panagiotis Georgalas
4 (5)
This is an indicator for Quasimodo or Over and Under pattern. It automatically finds the swing points and can even place virtual trades with stop loss and take profit. Press the "Optimize" button to automatically find the most effective settings. The pattern consists of four legs A,B,C,D as shown in the pictures. Open and close prices of the virtual trades are Bid price but the statistics in Display Panel take current spread into account. Its parameters are explained below. Buffer - Pips distanc
FREE
Sequential Countdown MT4 is a free MetaTrader 4 indicator for traders who use the 9-13 sequential count. It numbers the setup (1 to 9) and the countdown (1 to 13) on the chart, marks each perfected 9, and alerts you on every 9 and 13. It counts closed bars only. A number never changes after its bar has closed, and nothing is drawn on the forming bar. It places no trades. Standalone: Everything is built in. You do not need to buy or install any other product named on this page. MetaTrader 4 editi
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Virtual Targets
Hoang Van Dien
3.83 (6)
This indicator is very useful for day traders or short term traders. No need to calculate the number of pips manually, just look at the chart and you will see the Virtual Take Profit / Virtual Stop Loss target line and evaluate whether the entry point is feasible to reach the intended target or not. Enter the intended Take Profit / Stop Loss pips for your trade. The indicator will display Virtual Take Profit / Virtual Stop Loss lines for you to easily see if the target is feasible or not.
FREE
Master Candle
Kristmundur Roman Zakharii
Master Candle (MC) Indicator automatically detects "Master Candles", also known as "Mother Candles", i.e. candle that engulf several candles that follow them. See screenshots. You can choose how many candles Master Candle should engulf. By default it is set to 4. Feel free to change colour and thickness of lines as it suites you. I find this indicator to be very useful to identify congestions and breakouts, especially on 60 minutes charts. Usually if you see candle closing above or below "Maste
FREE
Rua Alert Line
PHAM KIM QUY RuaCoder
5 (1)
Indicator Rua Alert Line. This indicator will notify when the High-price of candle  breaks any TrendLine or HorizontalLine on the chart. Notifications will be sent to the phone and on MT4. And it have ArrowBuy/ArrowSell on chart. It is very useful for those of you who use the   TrendLine or HorizontalLine but do not have time to observe the chart. Timeframe M1 to W1 Symbol: All
FREE
This is a custom indicator based on the Exponential Moving Average (EMA) angle, typically used to measure the trend angle of EMA lines. Here are the main parameters and functions of this indicator: Main Parameters: md1: Fast period for EMA, default value is 12. md2: Slow period for EMA, default value is 26. md3: Period for the MACD signal line, default value is 9. Functions: The indicator calculates the MACD indicator and categorizes data into different buffers based on the direction and angle o
FREE
QualifiedEngulfing
Ashkan Hazegh Nikrou
QualifiedEngulfing Is Free Version Of ProEngulfing Indicator  ProEngulfing Is Paid Version Of This Indicator  Download It Here . What is Different Between free and paid version of ProEngulfing ?  Free version has limitation of One Signal Per Day Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Introducing QualifiedEngulfing   – Your Professional Engulf Pattern In
FREE
UPD1 Average True Range Levels
Vitaliy Kuznetsov
4.67 (3)
The Average True Range ( ATR ) is a measure of market volatility over a specified number of days. You should not expect a big continuation move when the price has reached the end of the range. The market is considered to have run out of fuel. If the price has not reached the edge, it still has a range. The indicator formula allows you to calculate High-Low levels both in aggregate and individually. You can also use these levels as support/resistance and target. Input parameters. Start Day - f
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Every trader knows the ritual: open the indicator settings, change a number, click OK, squint at the chart, decide it is wrong, open settings again. OsMA -- the Moving Average of Oscillator, the MACD histogram on its own -- carries the same three numbers as the MACD, so it costs you the same three dialog trips every time you want to test a different combination. OsMA Live Tuner ends that. It is the OsMA histogram (MACD line minus its signal line) that you tune directly on the chart, live . A sma
FREE
FFx Bollinger Bands
Eric Venturi-Bloxs
4.75 (4)
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
FREE
Base Trading System
Che Jeib Che Said
2.5 (2)
For Multi Time Frame version, please click here. BASE TRADING SYSTEM is a useful tool to trade with simple strategy. It draws automatically base up for long trade and base down for short trade. Clear trade when base is going opposite direction. User can trade by instant market entry or by pending order entry. It depends on user best strategy. input: Base Box Color- UP base box , DOWN base box, UP base shadow, Down base shadow.
FREE
Lisek Waves
Darius Hans Lischka
4 (1)
Search for an entry with low risk for trading by Lisek Waves Indicator. Using Lisek Waves Indicator can improve your trading performance. In it’s simplest form, this trading tool make it easy to s earch for an entry with low risk   and to manage your trade and risk. Lisek Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. You can avoid the loss from taking trades that are
FREE
Relative Volatility
Valeriia Mishchenko
5 (4)
Like most things that work in trading, it's really simple. However, it's one of the most powerful tools I have that makes entries of many systems much more precise.   In its essence, it measures the recent volatility against the medium-term average. How does it work? Markets tend to be prone to strong trending movements when relative volatility is low and tend to be mean-reverting when relative volatility is high.   It can be used with both mean-reversion systems (like the Golden Pickaxe) and mo
FREE
Lisek Weis Wave
Darius Hans Lischka
4 (4)
This Weis Wave Volume indicator is a tool to help traders identify the current price trend.  Understanding volume can provide insight into a market's behavior to help you determine its overall health. The most important rule is this: volume precedes price. Typically, before a market price moves, volume comes into play. It has 2 main colors histogram which are green and red. – Green indicates an upward wave. The more the price increases, the bigger the green volume gets. – The red color shows a d
FREE
NiveisPercentuais
Gustavo Orlando Machado Silva
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
FREE
Moving Average Trend Alert is a triple MA indicator that helps traders to identify potential market trends based on 3 MAs alignment and crossover. Moving Average Trend Alert features: Customizable short-term, medium-term, and long-term MAs. Option to filter signals based on a minimum distance between moving averages to avoid premature MAs alignment. Optional Filter of signals with RSI indicator overbought/oversold levels. Optional Filter of signals with ADX indicator. Popup, email, and phone no
FREE

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