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Free Technical Indicators for MetaTrader 4 - 17
Average Session Range MT4: Calculate and Average the Sessions High-Low Range of Specific Time Sessions Over Multiple Days. The Session Average Range is a sophisticated and precise tool designed to calculate the volatility of specific time sessions within the trading day. By meticulously analyzing the range between the high and low prices of a defined trading session over multiple days, this tool provides traders with a clear and actionable average range. **Note:** When the trading platform is cl
FREE
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
FREE
The Follow The Labels Indicator is a multi-functional MT4 indicator designed to give traders a comprehensive visual overview of market conditions across multiple dimensions. It combines trend analysis, previous day levels, stochastic momentum, and rejection signals in one easy-to-read interface. Key Features: Multi-Timeframe MA200 Trend Filter (H1→M15) Displays the alignment of the MA200 (LWMA) across three timeframes: H1, M30, M15. Shows an overall trend label: Bullish, Bearish, or Mixed. Optio
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IceFX VelocityMeter is a very unique indicator on MetaTrader 4 platform which measures the speed of the forex market. It's not a normal volume or other measurement indicator because IceFX VelocityMeter is capable to understand market speed movements which are hidden in ticks and those valuable information cannot be read in an ordinary way from the candles. The software monitors the received ticks (frequency, magnitude of change) within a specified time range, analyzes these info and defines, dis
FREE
Mahdad Candle Timer MT4 — Real‑Time Candle Countdown Mahdad Candle Timer is a lightweight and precise MetaTrader 4 indicator that displays the remaining time until the current candle closes, shown directly beside the latest bar. It is designed for traders who rely on accurate timing — whether scalping, day trading, or waiting for candle confirmation in swing setups. Key Features Accurate Countdown – Remaining time in HH:MM:SS (optional milliseconds) Dynamic Placement – Always aligned with th
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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
RSI Scanner, Multiple Symbols and Timeframes, Graphical User Interface An indicator that scans multiple symbols added from the market watch and timeframes and displays result in a graphical panel. Features: Multi symbol Multi timeframe Alerts and Notifications Live Monitoring Sorting modes One click to change symbol and timeframe Inputs for RSI and scanner settings
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We Trade Live Trend Entry & Exit is another fantastic addition to the the We trade Live trend Indicator collection This Indicator works fantastically well with our other Indicators. This Indicator is primarily used to enter a trade & Exit a Trade , and to alert you when you could possibly take a short or long on a current trend , it provides alerts on when there is a change in direction on the trend you are trading but please make sure you take into account all variables, before entering a trade
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Full Stochastic - is Stochastic Oscillator which displays all three essential lines: %K Slow K %D Standard Stochastic Oscillators displays only Slow K and %D.
Why it is important to analyze all three lines in SO? Standard SO users must choose if they want to use fast or slow SO. In case of fast SO traders set the slowing parameter typically to 1 or 2, or if they want to use slow SO, they set the slowing parameter usually to 3 or more. With Full Stochastic you can have both!
Full Stochastic Par
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The indicator plots a two-colored Moving Average (MA): Blue color — the previous bar’s open and close prices are above the MA line. Red color — the previous bar’s open and close prices are below the MA line. Customizable settings: MA type (Simple, Exponential, Smoothed, Linear); MA period; Alert when the MA color changes. bar cross Moving cross candle cross Moving cross bar cross MA cross candle cross MA cross bar cross Moving Average cross candle cross Mov
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The indicator informs when the current bar closes and a new bar opens. TIME is an important element of trading systems. BarTimerPro indicator helps you CONTROL THE TIME . Easy to use: place on the chart and set “alarms” if it necessary. In the tester, the indicator does not work. See the Lite version BarTimerPro-Lite
Key Features
4 operating modes: Shows the time elapsed since the opening of the current bar (11) Shows the time remaining until the current bar closes (11) Indicator Updates Every
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Moving averages change on the move. The indicator automatically selects the period for calculating moving averages. The more directional the movement, the longer the averaging period. When the trend slows down, the period of the moving averages decreases and they become faster. This allows you to react faster to a trend change.
The indicator works well in a trend or at a trend reversal point. In the sideways direction, the indicator can be used the other way around, for example, when a fast m
FREE
Modern Zone SR Pro — The Ultimate MTF Level Analytics Terminal Stop trading blind! Most support and resistance indicators clutter your chart with useless lines. Modern Zone SR Pro uses a smart filtration engine to show you only the levels that actually matter right now. Why Modern Zone SR Pro? Smart MTF Engine: Display powerful levels from H4 or Daily timeframes while trading on M15. Stay aligned with the "big boys." Power Analytics: The indicator calculates the "Strength" of each zone
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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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STOCH AND RSI ALERT https://www.mql5.com/en/users/earobotkk/seller#products (I have created a dashboard from this product, please take a look by clicking here ) (I have also created an EA from this product, NOW user can go automation, click here ) P/S: If you like this indicator, please rate it with 5 stars in the review section, this will increase its popularity so that other users will be benefited from using it. This indicator notifies and draws an arrow on the chart whenever the main sto
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The panel shows 6 indicators and their signals for all timeframes. You can enable or disable various signals, entire timeframes, and individual indicators. if the alert button is pressed and all signals match, the indicator sends a message to the alert window. You can disable and enable both individual signals and the entire indicator for all timeframes, or disable individual timeframes for all indicators
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Hallo!
Ich bin Tatsuron, ein japanischer Privatanleger. Wir verwalten über 1 Milliarde Yen in Forex.
Lassen Sie mich einen sehr nützlichen Indikator vorstellen, den ich verwende.
The indicator that is the basis of the market price. ThreeLine has improved the Moving Average (SMA) to answer the long-term SMA numerical settings. The more you repeat daily trades and verifications, the more credible the Three Line will be. If the angle of ThreeLine is upward, it will be white. If it faces downwar
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Range Filter - BreakOut EA
What is the Range Filter? The Range Filter is an innovative tool designed to smooth out market noise and highlight meaningful price movements. Rather than focusing on every small fluctuation, the Range Filter eliminates insignificant activity, allowing traders to see trends more clearly. The idea comes from the QQE’s volatility filter, but instead of applying it to RSI, this approach is applied directly to price action. Here’s how it works: A smoothed average of t
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Dynamic Price Volatility Indicator (DPVI)
The Dynamic Price Volatility Indicator (DPVI) is designed to provide traders with valuable insights into market volatility and potential price movements. It combines elements of volatility analysis and trend identification to assist traders in making informed trading decisions.
Features: Dynamic Volatility Bands: utilizes a proprietary algorithm to calculate dynamic volatility bands that adjust in real-time based on market conditions. These bands act a
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The Magic SMMA 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 based on Mr. Dan Valcu ideas.
Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals.
The indicator measures difference between Heikin Ashi close and open.
Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals.
I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on Heik
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Wave Entry Alerts In Gold is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Gold (XAU/USD) symbol.
Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Trade
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Now there is no need to check volatility on third-party websites in order to determine the average movement rage of a certain currency pair. The Truly Volatility indicator is designed for determining volatility for the specified period and is displayed in a separate window as a histogram and line. If attached to a chart with the Н1 timeframe, the indicator displays the average price movement for each hour (from 0 to 23) based on the history data. On the D1 timeframe it displays the average movem
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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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SMC Alpha Oracle PRO is a professional technical analysis tool for the MetaTrader 4 platform, fully automating chart разметка based on the Smart Money Concepts (SMC) methodology. The indicator detects market structure shifts, institutional supply/demand areas, and liquidity pools strictly utilizing mathematical Price Action algorithms. Key Analytical Modules and Logic Market Structure (BOS / CHoCH): Tracks Break of Structure (BOS) and Change of Character (CHoCH) based on customized Swing Hig
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!!!The free version works only on "EURUSD"!!! WaPreviousCandleLevels MT4 shows the previous candle levels, it shows the previous candle Open High Low Close levels (OHLC Levels) in different time frame. It's designed to help the trader to analyse the market and pay attention to the previous candle levels in different time frame. We all know that the OHLC Levels in Monthly, Weekly and Daily are really strong and must of the time, the price strongly reacts at those levels. In the technical analys
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Trading Sessions 3: Visualize Global Market Activity Trading Sessions 3 is an intuitive indicator designed to clearly display the key intra-day trading sessions: Asia, London, and New York . Gain a clear understanding of global market activity and pinpoint periods of increased volatility for strategic trading decisions. Key Features: Global Session Visualization: Easily identify the active trading hours for the Asia, London, and New York sessions directly on your charts. Volatility Insights: Un
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The ATR Exit indicator uses the candle close + ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction. It uses a multiple of the Average True Range (ATR), subtracting it’s value from the close on buy, adding its value to the close on sell. Moreover, the trailing stop lines are generated to support the order’s trend direction (long or short): In an upward trend, the long trailing stop line (orange line under bu
FREE
Advanced Order Block Breaker Scanner
This Scanner is free to download but is dependent on you owning the advance order block breaker indicator. Need to purchase the indicator here: https://www.mql5.com/en/market/product/59127
MT5 version: https://www.mql5.com/en/market/product/62769
The Scanner will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator: advance order block breaker Scan all time frame and all symbol: breaker's smart algor
FREE
Description:
NR4 & NR7 Inside Bar Highlighter for MetaTrader 4 is an indicator that automatically detects price compression patterns based on the combination of NR4 or NR7 with an Inside Bar . How it works:
The NR4 (Narrow Range 4) pattern identifies the candle with the smallest range among the last 4 bars, while NR7 considers the last 7. When this narrow-range condition occurs alongside an Inside Bar (a candle completely contained within the previous one), it often signals a low-volatility ph
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G2 ENTRY SIGNAL by Ida Bagus Putu Mahardika STRATEGY DESCRIPTION G2 Entry Signal is a professional multi-strategy entry dashboard that combines top-down analysis with 3 proven trading strategies in one powerful indicator. Designed for traders who demand clarity, accuracy, and actionable signals, this tool filters market noise and delivers high-probability entry opportunities directly on your chart. KEY ADVANTAGES 1. 3 STRATEGIES IN ONE DASHBOARD Strategy 1 – London Session Breakout: Capt
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This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s .
The basic idea behind this indicator is it draws a tangent line on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know
FREE
Th indicator is a technical analysis tool that helps identify significant changes in price trends and filter out minor price fluctuations. It is used to highlight price swings and provide a clearer picture of market movements. The Pivots are found by checking if a certain candle is the highest/lowest in a given number of candles that come before and after it. This indicator has only one input, its period. The Higher the period, the more strict the indicator is about what constitutes a Pivot. Th
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Indicator designed for both beginners and professionals. RECOMMEHDATION Trade with this indicator for 2-3 weeks and you will feel significant progress in your trading. This indicator is developed based on the use of HMA, Laguerre, CCI . The indicator is clear and does not require any setting. Does not redraw and works by opening bar. It works on timeframes M1-D1. I use timeframe M5 to enter the market.
FREE
Have you ever wondered which currency is the strongest at any particular time? Or which currency pair is trending the most. Well, the currency strength meter helps with just that. It compares USD , EUR , AUD , CHF , GBP , CAD and NZD depending on the timeline you have chosen in settings, and ranks them on the number of pips each has moved compared to the rest. N/B: All currency charts of the above pairs must have loaded. You can do this by highlighting all major and minor currencies
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Active Price Lines
Indicator gives you full custom control over the Bid and Ask price lines, both color and style. Color control is also customizable based on increased or decreased price by the tick.
Options include: Show both the Bid line and the Ask line Set unique color for each Set unique line style for each Set unique color for increased price (by the tick) Show only Bid line Show only Ask line
Rider Capital Group
FREE
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
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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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Squeeze and Momentum Indicator Indicator — Version 1.0
The Squeeze and Momentum Indicator is designed to highlight periods of low volatility followed by potential expansions in market activity. It combines Bollinger Bands and Keltner Channels to identify “squeeze” conditions and uses a momentum histogram to estimate the likely direction of the move once volatility expands.
How it works: A squeeze occurs when the Bollinger Bands contract inside the Keltner Channels. This condition is marked wit
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This is a regression tree indicator for MT4/MT5.
This indicator classificate nodes on the time period so that the deviation becomes smaller,
and displays regression line and channel for each node.
It's free!
Attached CartDemo.ex4 and CartDemo.ex5 is a Demo version and has the following limitations:
Can't use HighSpeed method (default method is RandomForest)
Maximum number of bars is 260 (increase from 200)
There is no expiration date and can be started many times, but it stops after an hour.
FREE
The Supreme HmaSignal indicator is an indicator for trend trading , its main character is the hull moving average colored line , and secondary is buy and sell arrows , arrows are fair but the main focus is on the colored hma , this indicator does not repaint or back paint or delay its signals. if you like this indicator please check my Supreme Trendhisto: here , and my Supreme Diamond indicator : here
Parameters: HMA Period HMA Smoothing HMA Price (close/open) Signal Period (Arrows)
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!!! In [CodeBase] I published Mql4 indicator code. Download the code for free!!! (You have to adapt the code when you update the terminal).
This indicator is a trader's tool. It shows the movement of stochastics on all periods and symbols: М1, М5, М15, М30, Н1, Н4 every minute (the time scale from the current to -240 minutes, i.e. tha last 4 hours). Step_Stoch overcomes the disadvantage of stochastic indicators - lagging. For example, a rise after a fall on H1 (or M30) after can be seen on a usu
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The Awesome Oscillator (AO) Signal Candle Indicator is an indicator used to measure market momentum. Awesome Oscillator (AO) Signal Candle Indicator will change bar's color when set overbought or oversold levels reach. Colored Candles, based on Awesome Oscillator (AO) Signal.
-If the indicator is above zero, the market is bullish. -If the indicator is below zero, the market is bearish. -If the market is bullish, you can take a stand with green candle signals. -If the market is bearish,
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This indicator helps you to find overbought and oversold prices based on William %R. Input Description: Wperiod: Period for %R indicator. OverBoughtLevel: Define the overbought level for %R. Must in between 0 and -50. OverSoldLevel: Define the oversold level for %R. Must in between -50 and -100. middle_value: When true, indicator also draw the middle points between upper and lower line. shift: Set an additional offset to the indicator.
Several Notes: Set 0 and -100 as Overbought and Oversold lev
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The R 2EMA Color indicator for MT4 provides solid trading signals based on the crossover of 2 EMA’s. Key Points
When price crosses and closes above the two green EMA’s, it creates a buy trade signal. When price crosses and closes above the two red EMA’s, it creates a sell trade signal. The R 2EMA Color Forex indicator makes it even more easy to determine when it’s time to buy and sell A buy signal occurs when the 2 EMA lines turn green . A sell signal occurs when the 2 EMA lines turn red . How
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Expanded Cloud is a trend-following overlay indicator that uses an adaptive expansion algorithm to identify market direction with clarity. Dynamic cloud zones expand and contract around price action based on real-time volatility, giving you a visual edge in reading trend strength and catching reversals early. The indicator includes a built-in information dashboard with two tabs — Signal and Cloud — displaying real-time data about current market conditions directly on your chart. How It Works
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This indicator, interpreting ADX and ATR data, clearly and accurately identifies the current trend, allowing the trader to get the most out of strong price movements. The indicator is intuitive to use: a change in line direction means a change in trend direction; a change in line color warns of an imminent change in direction. The indicator does not repaint and allows you to send notifications about its signals to a mobile terminal and email. Configurable parameters: ADX_Medium_Coefficient - the
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Pinbar Detector is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection.
As you can see o
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A classical MACD indicator where both the MACD line and the Signal line are displayed as lines. The difference between MACD and Signal line is displayed as a histogram. A user can change the color and thickness of histogram lines. So, histogram lines can be grouped into four different groups: positive ascending, positive descending, negative descending and negative ascending. Multi-currency Dashboard for the indicator is available https://www.mql5.com/en/market/product/72354
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This indicator provides a statistical analysis of price changes (in points) versus time delta (in bars). It calculates a matrix of full statistics about price changes during different time periods, and displays either distribution of returns in points for requested bar delta, or distribution of time deltas in bars for requested return. Please, note, that the indicator values are always a number of times corresponding price change vs bar delta occurred in history. Parameters: HistoryDepth - numbe
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This indicator is based on Zigzag. It shows the HH, HL, LL, LH counts. This helps in finding ongoing trends. Or ranges:
Features: Show symbols for: Higher-Highs, Higher-Lows Lower-Lows, Lower-Highs And show counter for each Non-repainting option Customize Color and horizontal/vertical labels Corresponding scanner dashboard: https://www.mql5.com/en/market/product/85346
Symbols Described: HH = Higher-Highs (Current price high is more than previous high) HL = Higher-Lows (Current price low is mo
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Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes, allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves.
How does it work? The CSM compares the value of the current moving average with the same moving average in the previous candle for all the 28 pairs and all 9 timeframes, producing a Matrix of Strength
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Please contact me at telegram https://t.me/smartforex7 After purchasing SmartForex Indicator then Use This Indicator...................... SMART EXIT PROFIT LINE Indicator is very Helpful with SmartForex Indicator ........................................ SMART EXIT PROFIT LINE Indicator Attach with SmartForex Indicator after then Red Line Show Exit buy Profit , Green Line show Exit Sell Profit................
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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
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28 market in a Single Indicator! You have 8 Lines and each represents a currency { EUR - USD - GBP - JPY - AUD - NZD - CAD - CHF } .
What It Does? It calculates a custom oscillator on all 28 Forex Pairs and draws you the Strength of each currency. This way you can analyze the Trend and the Volatility on a Multicurrency Rate. Also by Clicking on two different currencies instantly changes the market.
How To Use It? You can use this indicator to find true market contractions when two currencie
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This is a simple indicator that draws a night range. The start and the end of a working day are specified in hours, color rectangles are adjusted as well. It helps to view the history in search for regularities , excluding unpredictable night time. It can be used to search for a breakthrough of the night range. It is drawn as a background , and does not cover a chart and other indicators .
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Indicator. Zones of support and resistance levels The most reliable tool in the hands of any technical analyst is support and resistance levels.It is these levels that magically work in the market, because the price then bounces off them, on the contrary, gaining maximum acceleration, punching them and striving for a new price point.However, in practice, many beginners face enormous difficulties in building them.This is due to the fact that the price may react quite differently to them, and ofte
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With this indicator, you can easily make price regions in all time zones. In addition, with the automatic supply demand finder, you can ensure that the new regions are found automatically. You can increase your transaction quality by reaching more accurate operations with this auxiliary Tool and indicator.
I share your trial version of EURUSD for free with you. If you want to buy the working version in all parities, you can contact me. +New version Gap Bar Add ( Press G keyboard ) Default con
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AH Candles MT4 AH Candles MT4 is a new product that allows identifying the current market phase (uptrend and downtrend ).
This indicator paints bars in different colors depending on the current state of the market trend ( Green and Red )
AH Candles MT4 is use for trading currencies
Advantages Suitable for intraday and swing trading. The indicator base on EMA method to calculate Period Parameters It can be used as a standalone tool or together with other indicators.
How to use the prod
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The Variations Moving Average indicator has eight types of non-standard moving averages.
Double MA - DMA Triple MA - TMA Hull MA - HMA Jurik MA - JMA Adaptive MA - AMA Fractal Adaptive MA - FAMA Volume Weighted MA - VWMA Variable Index Dynamic MA - VIDMA
Works as a trend indicator. Indicator settings Type MA Shift MA Show Trend Period MA Method MA Applied Price MA Color MA
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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
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Forex and Gold OBI is an innovative indicator based on a study of price and market dynamics, utilizing the RSI indicator. This indicator helps you find the best moment to enter the forex market by signaling when the market is in overbought or oversold conditions. Moreover, The indicator calculates two possible targets and the stop loss for each trade, allowing you to optimize your risk/reward ratio. Price This indicator is easy to use and set up, working with any currency pair and timeframe. If
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Fibonacci retracement is really one of the most reliable technical analysis tools used by traders. The main problem with using these levels in trading is that you need to wait until the end of the impulse movement to calculate the retracement levels, making difficult to take a position for limited retracement (0.236 or 0.382). Fibo Dynamic solves this problem. Once the impulse movement is identified the retracement levels are automatically updated allowing very dynamic trading in trends with onl
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Convenient drawing of parabolic channels by four points (two lower and two upper extremums). Additional control keys: N (New) - Start drawing a new channel. C (Clear) - Deletes the current channel. By default, the current channel is the last channel. But you can click on the line of any channel to make it current. Click on the gear in the upper right corner to set some parameters for all channels or the current channel. All work is visible from the animated Gif. Channels are saved when the time
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The Fibonacci Volatility Bands indicator is a refined tool designed to enhance your market analysis by integrating Fibonacci retracements with the Bollinger Bands concept. This indicator visually highlights potential areas of support and resistance, providing traders with a clearer understanding of price fluctuations and volatility. MT5 Version - https://www.mql5.com/en/market/product/126422/ The core of the Fibonacci Volatility Bands is built around a Volume Weighted Moving Average (VWMA) that
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Variable Index Dynamic Average (VIDYA) developed by Tushar Chande by default is contained in MT5 but not in MT4 platform and it is a dynamic EMA (Exponential Moving Average) that adjusts its Length (LB Period) automatically in response to Market Volatility originally measured through the Chande Momentum Oscillator(CMO). CMO value is used as the ratio to the smoothing factor of EMA ( The New Technical Trader by Tushar Chande and Stanley Kroll, John Wiley and Sons, New York, 1994). The higher th
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PDHL – simply displays the highs and lows of previous days directly on your chart, providing a quick and visual reference of past key levels. The indicator is lightweight and easily customizable , allowing you to adjust the number of days displayed, the colors, as well as the style and thickness of the lines to suit your preferences. It is designed to be simple and practical, but may not work on all instruments or platforms .
Only teste Tested only with CFDs
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this indicator Construction on Gann angles and it,s very effective .you can use it as (Support and resistance)
it,s very successful and easy to use.if candle Cross through level thats mean price is going ti next level
but with on condition. The price cames from a previous level
There is a variable of angles for frames the best is 1h frame and stander variable.........
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The parabolic stop and reverse (PSAR) indicator was developed by J. Welles Wilder, Jr. as a tool to find price reversals which can be utilized as stop-loss levels as well as trade triggers. The notable difference about the PSAR indicator is the utilization of time decay. The PSAR indicator forms a parabola composed of small dots that are either above or below the trading price. When the parabola is below the stock price, it acts as a support and trail-stop area, while indicating bullish up t
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Description:
This indicator (with its algorithm) marks relative highs and lows, which have an array of useful applications.
This indicator will never repaint.
Features:
Marks relative highs and lows Use this to determine points of trend continuation i.e. where the trend may pull back before continuing higher or lower, past this point Or use this to determine potential points of reversal, particularly in ranging markets, or with other price action These highs and lows can sometimes be us
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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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