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Free Technical Indicators for MetaTrader 4 - 14
The RSI Arrows MTF indicator is based on the RSI indicator. Represents input signals in the form of arrows. It has 6 types of calculation. All signals are generated on the current bar of the selected period.
Signals do not redraw in the first 4 modes! But it is possible to redraw in cases of a sharp change in market movement.
All signals in MTF mode correspond to signals of the period specified in MTF. It is maximally simplified to use both for trading with only one indicator and for using t
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IntradaySignals Intraday Signals is a visual and effective semi-automatic trading system, that: generates possible entry points to open BUY and SELL trades; displays recommended Take Profit and Stop Loss; displays current profit on open trade; displays current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar. Time frames - M1-H1. Recommended TimeFrame-M5-M15. Signals are produced based on the used
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This indicator is the mql version of the Linear Regression Candles indicator. Find out more here: https://www.mql5.com/en/users/rashedsamir/seller There are many linear regression indicators out there, most of them draw lines or channels, but this one actually draws a chart.This script includes features such as linear regression for open, high, low, and close prices, signal smoothing with simple or exponential moving averages. I welcome your suggestion for improving the indicator.
To incre
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this is part of Cyclic evolutive indicators oscillator
Advanced Cycle Momentum & Excess Oscillator MT4 PRODUCT DESCRIPTION: Advanced Cycle Momentum & Excess Oscillator is an advanced quantitative trading tool designed to solve the single biggest challenge faced by every trader: impeccable market timing . While standard retail indicators (like RSI or Stochastic) generate constant false signals during strong trends, this algorithm operates on a centered, cycle-based mathematical framework .
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The Supertrend draws a line following the current trend.. Green Line under the candle means a likely bullish trend Red Line above the candle means a likely bearish trend
How to trade with SuperTrend indicator Buy when the Supertrend Green line is below the price, Sell when the Supertrend Red line is above the price. It is strongly suggested to use this indicator in a trending market.
Parameters Multiplier - the lower it is and the more sensitive is the line, meaning it will follow the price mo
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The indicator is based on the classic CCI indicator. I recommend watching my advisor - Night Zen EA Doesn't redraw its signals. There are alerts for the incoming signal. It contains 2 strategies: Entry of the CCI line into the overbought zone (for buy trades ) / into the oversold zone (for sell trades ) Exit of the CCI line from the overbought area (for sell trades) / from the oversold area (for buy trades)
Settings: Name Setting Description Period Period of the classic CCI indicator Price Ch
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Introduction:
Welcome dear Users, This indicator has been developed in order to help traders who are daily struggling to find a strategy . I have always been acctracted by Ichimoku Strategy, however took me sometime figure out how it does work. Easy Moku makes Ichimoku Simple!
Aspect:
Easy Moku shows 2 principal ICHIMOKU signals: kijun sen/tenken sen sen crossover Span A Span B + Kijun sen/tenken sen Get Rid of all the Ichimoku Lines!
On the Mt4 Chart the Easy Moku paints an Histogram: (
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The Kairi Ritsu (KRI) is a technical momentum oscillator primarily used to identify overextended market conditions. It measures the percentage deviation of the current price from its Moving Average. Here is a guide on how to interpret and trade using this indicator: 1. Core Logic: Mean Reversion The fundamental principle of the KRI is that prices eventually return to their average. When the KRI is at a high positive value , the price is "stretched" too far above the average (Overbought). When th
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The Fibonacci Session Indicator is a powerful trading tool designed for precision scalping and intraday strategies. Thanks to Leandro López for this idea. MT5 VERSION: https://www.mql5.com/en/market/product/151367 It automatically plots key Fibonacci levels for the New York, London, and Asia sessions, giving traders a clear view of price action dynamics across the major market sessions.
Unique "Golden Zones" are highlighted within each session, where price reacts the most. This creates highly
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This automated DOJI BAR FINDER INDICATOR can be utilized to manage trades and identify potential areas of support and resistance for both buying and selling. It is designed to identify zones for Sell/Buy trades and can be effectively used in conjunction with other indicators, such as order block indicators, and more. Currently designed for MT4, it will later be adapted to function on MT5. We also offer the opportunity to customize the robot according to your trading strategy.
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his indicator automatically identifies key support and resistance levels by analyzing volume patterns. Unlike traditional S/R tools that rely only on price, Volume S/R finds levels where the market truly reacted. DETECTION LOGIC: - High Volume Zones: Price levels where strong buying/selling occurred - Low Volume Zones: Areas of weak interest - potential breakout or reversal zones
SMART FILTERING: - Nearby levels are automatically merged to avoid chart clutter - Maximum levels limit keeps yo
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This oscillator has become one of the main tools of most professional traders. The indicator includes a classical MACD ( Moving Average Convergence/Divergence ) line, a signal line, as well as a MACD histogram. Exponential moving averages are used in the calculation. The indicator also provides the ability to enable signals on identification of divergences between the price graph and the indicator. Divergences are identified using three patterns: classic, hidden and extended divergences.
Indica
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RoundNumbers indicator is a simple and powerful psychological price levels. Trader usually use these levels as a Support and Resistance (SnR). Indicator Input: Levels - Numbers of levels drawn on chart. Default 30 levels. BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels. ZoneSize - Distance between each levels, default value 10pips (100point). Style & Colours - User inputs customization.
For MT5 version, please re
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A lightweight, non-intrusive on-chart floating dashboard for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) . It provides critical market telemetry and live account status directly inside the chart window with interactive drag-and-drop and minimize functionality. Key Features Interactive Drag & Drop: Click anywhere on the dashboard panel to reposition it seamlessly across the chart window. Automatic boundary detection keeps the panel within the chart frame. Smart Minimize / Expand Toggle ( _ / + ): C
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A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Easy to trade Customizable col
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MTF High Low indicator displays key price levels across multiple timeframes directly on your chart, so you always know where the market has been and what levels matter most.
The NY Session High/Low Levels automatically plot the highest and lowest prices of the New York trading session on your chart. It provides clear horizontal lines for the Today (TDY) , Yesterday (YTD) , Week (7D) , and Month (30D) sessions, with customizable display options. Inspired by MTF.HighLow
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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
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CPR Pivot Lines It Will Draw Pivot Point R1,R2,R3 S1,S2,S3 Tc Bc Best Part Is That You Can Even Add Values Of High,Low,Close Manually Also To Get Your All Levels On Chart. So If Your Broker Data Of High ,Low ,Close Is Incorrect Then You Don’t Have To Depend On Them Anymore. You Can Even Modify All Lines Style. It Will Show Line In Floating Style And Not Continues Mess.
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Zakir Market Structure (Free)
Professional trader utilities. Minimal design. Maximum clarity.
Short Description: Lightweight MT5 market structure indicator that automatically displays daily, weekly, and monthly separators with intelligent timeframe filtering, automatic cleanup, and optimized performance.
Details Zakir Market Structure is a lightweight MetaTrader 5 utility indicator designed to improve chart readability by automatically displaying daily, weekly, and monthly market structure
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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
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The indicator shows the difference between Open and Close prices. The indicator in a separate window shows the difference between the Opene price of the current bar with the Close price of the previous bar. The panel in the upper left corner shows the difference between the Open and Close prices of the current bar.
Parameters Count_Bars - number of bars to display the indicator data. If 0, the number is displayed on all available bars; display - enable numerical values; _fontsize - indicator fo
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This trend scanner indicator is using two main indicators to identify trends. Frist the EMAs to provide a view on Bullish / Bearish momentum. When the shorter EMA (calculated off more recent price action) crosses, or is above, the slower moving EMA (calculated off a longer period of price action), it suggests that the market is in an uptrend. Second the Stochastic RSI, When RSI is < 20 it is considered oversold, and when > 80 it is overbought. These conditions suggests that momentum is very str
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Having to check constantly if your RSI has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert RSI indicator will assist in this task, ensuring that you get the most with little effort. When the RSI values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail account). The indicator d
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The free version of the Hi Low Last Day MT4 indicator . The Hi Low Levels Last Day MT4 indicator shows the high and low of the last trading day . The ability to change the color of the lines is available . Try the full version of the Hi Low Last Day MT4 indicator , in which additional indicator features are available : Displaying the minimum and maximum of the second last day Displaying the minimum and maximum of the previous week Sound alert when crossing max . and min . levels Selecting an arb
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The StrikePin indicator is a technical, analytical tool designed to identify trend reversals and find optimal market entries. The StrikePin indicator is based on the pin bar pattern, which is the Price Action reversal pattern.
An entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario.
Be careful: the indicator is repainting since it is looking for highest high and lowest lows. You should avoid to use it in experts but you can use it in
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Please refer to full version: https://www.mql5.com/en/market/product/140908
Key Zone Detector Key Level Supply & Demand Zone Detector Overview A sophisticated supply and demand zone detection indicator that identifies and rates key price levels where significant market activity occurs. The indicator uses fractal analysis and multiple validation methods to detect and classify trading zones. Key Features Zone Detection Auto-detects support and resistance zones Uses dual fractal system (fast and
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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
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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 .
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Optimize your trading strategy of your custom indicators with the "Indicator Combiner Into One Indicator". This advanced tool combines multiple indicators, including your custom indicators, into a single, user-friendly interface. It generates an arrow signal based on your custom indicators, simplifying your decision-making process. Ideal for traders of all levels, this indicator offers:
Arrow Signals : Get a clear, single arrow signal that combines insights from your custom indicators, mak
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The indicator shows on the chart the classic pivot levels calculated on the basis of the previous day . You can choose from what hour to calculate the formula. Trade on reversal levels in a flat. In a trending market, use them as a target. Combine with your strategies for successful trading. The levels are drawn using buffers and displayed on the entire available quote history.
Input parameters.
Start Hour - Choose from what hour to start building levels. 00 - Default. Show Mid Pivots - M
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Product Title Smart ATR (MT4) – part of the SmartView series Short Description A ATR 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 distinctive user
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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
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Moving Average Cloud draws 4 MAs on chart simultaneously in histogram style. Indicator uses 4 MAs: slow sma & ema 200 and fast sma & ema 50. the range between 2 slows MAs and Fasts, represented by histograms on the MAs boundaries - creating kind of "cloud" that can be traded by all kind of MA strategies like support & resistance or other... Change of color of the same histogram points to momentum changing.
Combined with other market analysis, can greatly improve trading results.
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Account Dashboard Statistics
It is a tool that will help you have a focused view in order to know the profits and losses of your account , so you can keep track of it, it also brings a drawdown analysis to know the risk obtained as well After downloading and activating it in your account, you must attach it to any symbol for example EURUSD H1, then from this moment the tool will start to monitor your statistics, you can see my other free products here Mql5
the panel is completely advance
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News Hound for MT4 / MT5
A professional economic news calendar for every chart — MT4 and MT5 — from the same trusted MQL5.com source. MetaTrader 5 has a built-in economic calendar. MetaTrader 4 doesn't. This tool fixes that — and gives you a single, shared news feed that every chart on your PC or VPS can read, in both platforms.
Why I built it This is the foundation for something bigger. All my upcoming Expert Advisors are built around this news engine. Instead of locking news
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Features:
1- Get OB/OS Levels from Golden MA Levels
2- Wait for Buy/Sell Start Level Cross
3- Optional: Should price cross Mid Level in earlier bars
4- Optional: Crossing bar High/Medium Volume
5- Optional: MA Stacked to check up/down trend for current TF
6- Optional: NRTR higher timeframes aligned Check
Detailed blog post explained: https://www.mql5.com/en/blogs/post/758457
Levels with Buffers available here: Golden MA Levels Indicator: https://www.mql5.com/en/market/product/119515 Note: Arr
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The statistical indicator for the metatrader 5 TradingStatisticPro collects statistical data on your trade, which makes it easier to assess the effectiveness of trading, the profit received and the risks. The indicator is compactly placed in the corner of the main chart of the terminal and displays the following information: 1. The profit earned. 2. Maximum drawdown. 3. The recovery factor. 4. Profit factor. 5. The ratio of profitable and unprofitable transactions (winrate). 6. Average profit a
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This tools is design to easily forecast the projection of the current trend through the inputs of Zigzag and get out of the market when the trend do not the ability to maintain it's volatility to go further... the indicator gets the initial and final price from the value of zigzag automatically by adjusting the intdepth of zigzag. You can also switch from Projection to Extension from the inputs tab of indicator.
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The indicator displays zero level Accelerator Oscillator (AC) crossover in the form of dots on the chart. In indicator settings one can specify number of bars in the history to display signals, as well as shift of dots with respect to a bar. Parameters Bars — number of bars in the history to display indicator's signals; Shift — shift of dots with respect to bars.
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Read detailed blogpost with screenshots here: https://www.mql5.com/en/blogs/post/770947
Features at a Glance One-click symbol change across all charts simultaneously One-click timeframe change across all charts simultaneously Live trade status on every pair button — buy/sell counts, profit/loss coloring Pending order indicators shown separately on buttons Panel background color changes with your overall profit or loss Sync panel position across all charts Sync the number of buttons per row acro
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is designed to enhance the visual representation of financial charts in MetaTrader 4 by dynamically altering the colors of various chart elements, including candlesticks, bars, line charts, and volume bars. Its primary purpose is to improve trader intuition and engagement during market analysis by introducing smooth, cyclical color transitions that can highlight momentum shifts, trends, or volatility without overwhelming the display. This functionality is particularly beneficial for traders who
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1. Indicator Purpose and Inputs Overview The Linear Regression Forecaster is an advanced analytical indicator designed to perform comprehensive trend evaluation and short-term price forecasting using the Linear Regression (LR) statistical method.
It is optimized for the Weekly (W1) timeframe and combines both long-term trend analysis and short-term rolling trend dynamics to generate reliable weekly forecasts. The indicator operates using two distinct timeframes : Long-Term Period (e.g., 52 weeks
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Force Index 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 Force Index? The Force Index was developed by Alexander Elder and combines price direction, magnitude of price change, and volume to measure the force behind a price movement. It is calculated by multiplying the difference between
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SMC Institutional Visualizer with Weekly Range Box - Detect Liquidity Sweeps, BOS, Order Blocks, FVGs & Weekly Key Levels Complete Smart Money Concepts (SMC) indicator for institutional trading visualization. Detects Liquidity Sweeps, Break of Structure (BOS), Order Blocks, and Fair Value Gaps (FVG). Now includes Weekly Range Box showing last closed weekly candle's high, low, and midline. Fully customizable colors and styles. Perfect for price action and supply/demand traders. Long Description
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Product Title Smart Ichimoku (MT4) – part of the SmartView series Short Description A Ichimoku 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
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The indicator draws lines (with line objects) to the close prices of the previous day close, on selected timeframes. The indicator uses the closing price of the past day to draw a horizontal line, it can help you determine the direction of the market at the moment, which is necessary for making trades.. Parameters
Line Color Line style Line width Set on the top
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Features:
This is a slope indicator for TMA Bands indicator. It calculates slope of the center line. It supports 3 types of TMA Bands: TMA True (Non-repaint) Fast Line TMA (Repaints) TMA+CG (Repaints) It will help you determine whether price is Trending or Ranging based on the Threshold you set. Download extra TMA Indicators for strategy here: https://www.mql5.com/en/blogs/post/758718
How It Works: You can set the Slope Threshold for indicating Buy/Sell heightened levels. Suppose we set Thresh
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Break Even Line by MMD
The Break Even line is a useful indicator for people using strategies that allow simultaneous trades in both directions, such as the MMD methodology. This indicator is useful when playing statistical models and averaging positions in accumulation and distribution zones. The indicator draws levels by summing positions in three groups: positions included in BUY, positions included in SELL and all positions included.
Functionality description:
Show BUY BELine - shows or
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Indicador "Heikin Ashi Master" para MetaTrader: Transforma tu Análisis con Velas Japonesas Suavizadas El indicador "Heikin Ashi Master" es una herramienta innovadora diseñada para traders que buscan una perspectiva única del mercado a través de las Velas Japonesas. Compatible con MetaTrader, este indicador suaviza la acción del precio, ofreciendo una interpretación simplificada y visualmente atractiva de las tendencias y cambios en el mercado. Características Destacadas: Suavizado de la Acción
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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
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FTU Idioteque
The indicator is for MT4 platform, can be used alone but best combined with other indicators or strategies Combines various indicators such as macd, adx to draw an arrow for suggestion of entry or trend change
Watch a short intro video on youtube: https://youtu.be/lCRJ3mFNyOQ
Indicator Features: Sell and Buy arrows Visual and sound alert Trend continuation / Early trend change signal New features: Limit to amount of bars in history Change distance of arrow from bar
Usage : Thi
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Indicator Settings for SignalAlert The SignalAlert indicator is designed to track buy and sell signals from another indicator and send sound alerts when signals appear. SignalAlert is useful for working with indicators like Binary Sixty Scalping , where a quick reaction to signals is required. Indicator Settings IndicatorName – The name of the indicator from which SignalAlert will read signals. Specify the exact name, for example, "Binary Sixty Scalping," to ensure SignalAlert tracks its signals
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Pivot levels is indicator showing 7 pivot levels. It is adjusted for major use, including: all standard time frames
choice of periods to show three popular calculation formulas (typical, median, weighted) 9 level Camarilla pivot
pivot day shift choice of properties for lines and labels choice of showing alerts when crossing pivot lines Parameters: ----------Main parameters----------- Timeframe - time frame for pivot levels
Number of periods to show - displays pivot levels for number of periods
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OrderCalc opens a window in the chart with the data of your orders:
Position size, stop loss, take profit, profit/loss
Only the positions for this symbol are displayed. If several positions exist, these are totalled and displayed in the last line. If you work with pyramids, you can see at a glance how big the total profit or loss is.
The indicator is invisible at the beginning, only when a position is opened does a window open containing the data for the order. In some cases the content is e
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ATSCStrategy is a versatile indicator designed for both binary options and forex markets. Empower your trading strategies with this dynamic tool, providing valuable insights for making informed decisions in the fast-paced world of binary options and forex trading.
-Forex Market
-Binary Option Market
-Binary use timeframe 1M - 5M
-Forex use timeframe M30 or high
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Harami is a two candle pattern with recent candle formed inside the previous candle's high and low . It represents indecision in the market and is used for breakout price action trading strategy. This indi fires all signals to a dashboard on the chart including pop_up alert, push to phone notification and email. Harami has two types, bullish and bearish pattern. Enter long for bullish Harami and enter short for bearish Harami. Inputs : Currency Symbols: EURUSD,GBPJPY,USDJPY,USDCAD (default) , u
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CCZ is an objective support/resistance zones built from consecutive candle-overlap through same price range, on any base timeframe
"From the maker of Risk Sentinel — risk-first position sizing that keeps your risk fixed as you drag the stop: https://www.mql5.com/en/market/product/185979 "
================================================================================================================================================= The Main Concept: Classic support and resistance measures
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4 trendlines are given by 2 timeframes, defined by the zigzag indicator. It leverages the Zig Zag indicator to identify significant highs and lows across two configurable timeframes (default: M15 for short-term and H1 for medium-term), automatically plotting upward and downward trendlines for each. This helps visualize trend structures, reversals, and alignments between timeframes without switching charts, while adhering to trendline rules that contain the high and low points of the previous two
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please leave 5 stars to me A support level is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level. A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means t
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[English] Product Description CM Ultimate MA MTF V4 Triple is a highly advanced, multi-timeframe (MTF) triple moving average indicator specifically re-engineered for the MetaTrader 4 (MT4) platform. It simultaneously tracks Short, Mid, and Long-term market trends on a single chart using an adaptive 3-color momentum-shading architecture. While MT4 traditionally limits indicators to a maximum of 8 buffers, this premium tool utilizes a proprietary virtual rendering engine to deliver a full triple-l
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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
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Introduction RSI divergence is a main technique used to determine trend reversing when it’s time to sell or buy because prices are likely to drop or pick in the charts. The RSI Divergence indicator can help you locate the top and bottom of the market. This indicator finds Regular divergence for pullback the market and also finds hidden RSI Divergence to show continuing trend. This indicator shows divergence on the RSI that is a strong hint for an excellent entry point and finds immediately with
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Probability emerges to record higher prices when MACD breaks out oscillator historical resistance level. 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. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by 2nd & 3rd screenshot. Furthermore, divergence is confirmed
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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
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This indicator is a simple tool to spot a possible trend.
When the ribbon below the price bars, It will turn to Green color and the trend is seen to be bullish When the ribbon above the price bars, it will turn to Red color and the trend is seen to be bearish. It can be used a either Entry Signal Exit Signal or trailing stop, so it is very versatile. By default color : Green is UP trend and Red is Down trend and this work perfect with Bar4Colors.ex4
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Spread Gold Radar
What is Spread Gold Radar?
Spread Gold Radar is a lightweight tool that shows your broker's current spread in real time and makes even short, sharp spikes immediately visible on a clean, colour-coded panel. It is built exclusively for Gold (XAUUSD) quoted with 2 decimal places.
Why it matters?
In Gold scalping especially, the spread often decides whether a trade closes in profit, at a loss, or not at all. The very same trade can run into profit at one broker and into the S
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See RSI values turned into colored candles
This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding.
Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values.
Features - optional colored candles - optional colored ma - 6 draw styles; RSI slope RSI above/below overbought/oversold levels RSI above/below level 50 RSI above/below it's moving average
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The indicator analyzes the specified number of candles and plots Fibonacci levels based on the high-low. Since the levels are rearranging, we are interested in the right side of the range. The price magnetizes the levels and reacts to the touch. Use this tool to find a trend entry point after a correction. If on the left we see that the levels have risen perfectly, then we can assume that we have found the end of the movement at the extreme point. All lines are drawn through buffers or objects (
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MATrend indicator makes the directional trend of the current market easily recognizable. Settings: MA Period : The amount of candles taken into consideration for the calculation of the moving average; MA Method : The method used for the calculation of the moving average. Selectable methods are: Simple averaging;
Exponential averaging;
Smoothed averaging;
Linear-weighed averaging; Usage: The color of the indcator will change based on the slope of the MA. Green : The indicator has a bullish sl
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The indicator displays overbought and oversold levels, calculating them using the Fibonacci golden ratio formula.
It enables both trend-following and counter-trend trading, accommodating breakouts and rebounds from these levels.
It operates on all timeframes, across various currency pairs, metals, and cryptocurrencies.
Suitable for binary options trading.
Key Features: Based on the Fibonacci golden ratio Shows overbought and oversold levels Suitable for market and pending orders Simple
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The MetaTrader Market is a simple and convenient site where developers can sell their trading applications.
We will help you post your product and explain you how to prepare your product description for the Market. All applications on the Market are encryption-protected and can only be run on a buyer's computer. Illegal copying is impossible.
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