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Free Technical Indicators for MetaTrader 4 - 18
### Heikin Ashi Trend Indicator v2.1
MQL5/MQL4 port of the Heikin Ashi Trend Indicator originally published on TradingView by dman103 (2,300+ likes, 80,000+ views). It combines Heikin Ashi candle smoothing with the Tilson T3 moving average to produce clean, noise-reduced trend signals directly on the price chart.
#### How it works
The indicator processes price data in two stages. First, it computes Heikin Ashi OHLC values from the regular candlestick data. Then, it applies the Tilson T3
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This indicator calculates gann support and resistance prices with use gann pyramid formulation and draw them on the chart. And If you want, Indicator can alert you when the current price arrive these pivot levels. Alert Options: Send Mobil Message, Send E-mail, Show Message and Sound Alert Levels: S1, S2, S3, S4, S5, R1, R2, R3, R4, R5 Inputs: GannInputPrice: Input price for gann pyramid formulation. GannInputDigit: How many digit do you want to use for calculation formula. (The number and the
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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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Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO MACD is called Convergence and Divergence Moving Average, which is developed from the double e
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Product Title Smart Heiken Ashi (MT4) – part of the SmartView series Short Description A Heiken Ashi 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
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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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This indicator sets stop, start and target 1, 2 and 3 levels based on detected market swings on multiple timeframes. It was originally written by Mishanya and has been updated by Ramoletane to move with the price and automatically update the levels. A trade can be placed when price has crossed the white start line and stop loss placed on the red stop line. The lot size can be reduced at the green target 1 level, the yellow target 2 level and the position finally closed at target 3. Most of the t
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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.
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This indicator draws on the chart high and low prices of different periods . And If you want, Indicator can alert you when the current price arrive these levels. Alert Options: Send Mobil Message, Send E-mail, Show Message, Sound Alert Time Periods: M1, M5, M15, M30, H1, H4, D1, W1, MN Inputs: TimeShift: You can set start hour for calculating. And that way you can see levels independently from broker server's time-zone. PipDeviation: You can set price sensibility for alert (Default: 3) Lines
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EMA Separation Coefficient reflects the separation between short-term and long-term exponential moving average trend resistance, as well as the direction of the current movement. Pay attention to potential crossover points when the coefficient approaches zero, this may indicate an upcoming breakout or reversal. Wait for confirmation of the trend before entering the trade, and exit when the coefficient forms a max (for calls) or a min (for puts). This is a small tool to help visualize the differe
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Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features
Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting.
Parameters
Total - number of displayed ticks. clrSpread - indicator line color.
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The Supertrend Line indicator shows you the trend using calculation based on the ATR.
How does it work? The Supertrend draws a line following the current trend, this line is the result of calculation made with the ATR. A Line under the candle means a likely bullish trend A Line above the candle means a likely bearish trend
How to trade with CSL indicator Buy when the Supertrend line is below the price, Sell when the Supertrend line is above the price. It is strongly suggested to use this indic
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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. If you trade on MetaTrader 4, you have done it for years -- and the DeMarker is the quiet overbought/oversold gauge that most traders never touch: it sits on the default 0.30/0.70 forever, because testing anything else costs a dialog roundtrip per attempt. DeMarker Live Tuner ends that. It is a DeMarker that you tune directly on the chart, live . A
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"Giant" is a flexible system in relation to trading strategies. It consists of two high-quality indicators that are installed on five different timeframes of the same currency pair (see screenshot). It monitors the trend and gives signals to open. The system passed a large number of checks and showed high accuracy. Indicators are sold separately. The second word in the main name is the indicator itself. This issue sells the indicator "Attention" .
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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/171195?source=Site+Market+Product+Page
Pivot Points are a classic technical analysis indicator that calculates the central pivot point (PP) as well as support (S1–S3) and resistance (R1–R3) levels based on the previous day’s High, Low, and Close.
The indicator
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The indicator searches for and displays Doji candlesticks on the chart and signals the appearance of such a candle. The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In addition to the possibility of signaling, the power of the reversal is graphically shown (the more green, the more likely growth, the more red, the price will fall). In the indicator settings, you can change the parameters of the Doji candlestick, the closu
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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
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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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The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 1 minutes. The indicator suitable for auto and manual trading. A possible signal is specified as a arrows above/under a candle. You should wait until the candle closes! Arrows are not re-painted Trade sessions: London and New York section Currency pairs: AUD/CAD Working time frame: M1 Expiration time: 1 minute The indicator also shows good results when using the martingale strategy - "Ma
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This indicator determines minimum volumes needed during a candle formed so that it would be higher than current volume's average. Although you can place MAs on your volume indicator, this indicator has non-repaint characteristic so you may not to worry about sudden volume increase. This indiator also draw volume indicator for its own. Input Description: period: Period used for indicator. Must be higher than 1. Output Description: VolumeXover: This indicator's main feature. During the time the vo
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This MT4 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments: 1 customizable multi-period moving average Optional Heikin-Ashi candles 3 switchable focus modes Distinct colors for easy analysis
Link to MT5 version: https://www.mql5.com/en/market/product/106707/
This indicator shows your preferred moving average from multiple time fram
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Summary This indicator is based on RSI and Momentum indicators. It also considers moving averages of these two indicators. The three indicators have adjustable settings. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. The arrows can be used in the EA and the inputs can also be optimiz
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Indicador "Trade Zones: Supply and Demand Opportunities" para MetaTrader: Eleva tu Trading con Precisión Estratégica El indicador "Trade Zones: Supply and Demand Opportunities" es una herramienta revolucionaria diseñada para potenciar la toma de decisiones de los traders al identificar claramente las zonas de oportunidad basadas en los principios fundamentales de oferta y demanda. Este indicador, compatible con MetaTrader, proporciona una visión intuitiva de las áreas críticas del mercado donde
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This indicator is very effective for trading everyday. A combination of moving averages and 2X Pivots calculation to produce a very convincing signal everyday. Blue colour signals a buy opportunity. Follow the arrows for possible buy points. The Blue pivots and average line, serves as possible support. Red colour signals a sell opportunity. Follow the arrows for possible sell points. The Red pivots and average line, serves as possible resistance. Best use on the 15 minutes, 30 minutes or 1 hour
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This multimeter is a smaller version of the full scanner here: https://www.mql5.com/en/market/product/123072
This multimeter is for people interested in TDI Line Crossings. And who only use a single currency symbol/pair with multiple timeframes. If you want multiple currencies, then please look into the scanner.
It is for showing Cross of various TDI elements: PriceLine, Trade Signal Line and Market Base Line And for getting alerts, so you can be prepared for finding good trade setups before t
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Algovedas Spread and Margin Monitor is a professional MetaTrader 4 utility indicator designed to display live spread, Bid/Ask information, account funds, and estimated margin usage directly on the chart. This indicator is not a trading signal tool and does not open, close, or modify trades. It is a clean monitoring dashboard for traders who want to understand the real cost of spread and lot-based margin usage before placing an order. Main Features Live spread display in points and pips Spread va
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Fibonacci Alert MT4 is an advanced trading indicator designed to help traders identify key Fibonacci levels in real-time. By providing timely alerts when price approaches or breaks these critical levels, it empowers traders to make informed decisions and optimize their trading strategies. This indicator is beneficial for both novice and experienced traders, as it simplifies the complex task of tracking Fibonacci levels while offering essential notifications to prevent missed trading opportunitie
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Calculates a weighted average of several Momentum periods to produce a smoother momentum signal centered around zero. Positive values indicate bullish momentum, while negative values indicate bearish momentum, ranging in percents compared to a weighted averaged back value, effectivley avoiding the market noise. The calculation will weight 7 values before plotting a position.
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Supporting file (2 of 2) for T3 Cloud MA
Trend indicator derived from T3 moving averages. The cloud is bounded by a fast T3 and slow T3 lines. Buying/Selling opportunities above/below cloud. The fast and slow T3 MA lines can also be used as dynamic support/resistance for more aggressive entries. Use default values for best settings. The number of look back bars is user defined. This indicator can be used in combination with other strategies such as price action. Suitable for all time frames. Pr
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The three white soldiers and the three black crows candlestick patterns are reversal patterns that predict a change in the direction of a trend. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's. It's important to note that both formations are only valid when they appear after a strong uptrend or a downtrend, while their efficiency decreases in choppy markets.
Inputs AlertOn - en
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AC Pivot Panel – Your Ultimate Pivot Trading Tool The AC Pivot Panel is a powerful yet user-friendly pivot point indicator designed to help traders identify key support and resistance levels with ease. Whether you’re a beginner or an experienced trader, this indicator simplifies pivot trading and enhances your decision-making process. Key Features : Interactive Selection Panel : Easily adjust pivot settings directly on the chart with a compact and intuitive panel. Multiple Pivot Methods : C
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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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MTF (Multi-Timeframe) Countdown Timer indicator, designed for MetaTrader 4 (MT4). The indicator displays the remaining time for new candles across multiple timeframes, along with other essential trading information such as server time, local time, and the spread of custom currency pairs. Features: Multi-Timeframe Countdown : Displays the time remaining for the next candle in up to six configurable timeframes, such as M5, H1, or D1. Customizable Appearance : Background, border, and text colors ca
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The OHLC indicator shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session.
Levels High of the current or previous session. Low of the current or previous session. Open of current or previous session. Close of the current or previous session. Midpoint of the current or prev
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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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"GoldMinerRobot SI 2" is an indicator that is not displayed, but is one of the most important analytical arms of "GoldMinerRobot". This indicator is free. You can find more information about how this indicator works in the section "MQL5 Market" and section "Experts" and "GoldMinerRobot". "Gold Miner Robot" is specially designed and built for trading on gold (XAUUSD) in MetaTrader 4.
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The indicator represents the session boxes for the Asian, European and American sessions. It is possible to change the time of each session, such as color. It is also possible to disable the display of each session. You will find in input parameters variables to modify time sessions in format hh:mm and the color of boxes of each sessions. If you need some implementations please contact me.
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**Squeeze Box Indicator** Squeeze Box is a powerful technical analysis indicator developed for the MetaTrader 4 platform, designed to support day trading strategies. This indicator analyzes market movements to detect bullish and bearish breakout signals, enabling traders to capture trends early. With its customizable features and user-friendly interface, it is ideal for both novice and experienced traders.
### Features and Functions - **Bullish and Bearish Signals**: Identifies market break
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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 Rayol Code Hour Interval Lines indicator was designed to assist your trading experience. It draws the range of hours chosen by the user directly on the chart, so that it enables traders to visualize price movements during their preferred trading hours, providing traders a more comprehensive view of price movements and market dynamics. This indicator allows the user to choose not only the Broker's time, but also the Local time. This way, the user no longer needs to calculate local time in re
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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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Trend indicator derived from T3 moving averages. The cloud is bounded by a fast T3 and slow T3 lines. Buying/Selling opportunities above/below cloud. The fast and slow T3 MA lines can also be used as dynamic support/resistance for more aggressive entries. Use default values for best settings. The number of look back bars is user defined. This indicator can be used in combination with other strategies such as price action. Suitable for all time frames. Prerequisites: T3IndiSlow and T3IndiFast in
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The indicator is based on two Moving Averages. Its only difference from traditional indicators is that it is presented as a histogram. The histogram has four colors; each color represents a MA with its own period. In case of a descending trend, if a price is lower than a moving average, the indicator displays a value lower than the red zero level. In case of ascending trend, the indicator value is higher than the green zero level. Parameters: Period MA 1 - Period of the first moving average. MA
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“Gold Miner Robot” is a very powerful AI-Based robot designed and built to accurately analyze the market and trade on gold. Developed by “Keyvan Systems” after more than 3 years of research and development on each tick of the gold chart. "Gold Miner Robot" uses a complex algorithmic approach based on price analysis, trend analysis. We have also provided two other personalized indicators called "GoldMinerRobot SI 1" and "GoldMinerRobot SI 2" for better market analysis, which you can download free
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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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ITS FREE I Recommend www.CoinexxBroker.com as a great broker and the one I personally use Asia session 1:00 to 9:00 (6pm est to 2 am est) Eur means London Session 10:00 to 18:00 (3 am est to 11 am est) USA means New York Session 15:00 to 23:00 (8 am est to 4 pm est) Session indicator highlights the start of each trading session. You can show all sessions or edit the settings to only show the hours you want highlighted (Asia) means Asian Session ,(Eur) means London Session , (USA) means New
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The presented indicator is an original development based on the classic technical analysis indicator - RSI. To smooth out sharp fluctuations in the indicator values, a filter is used that cuts off weak changes and focuses the trader's attention on strong fluctuations in the values. The indicator does not repaint on formed bars. For greater efficiency of this indicator, it should be used together with indicators that identify the trend direction, as well as support/resistance levels. The indicat
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Multi Timeframe Indicator includes a lot of functions and can be considered as a universal helper for a trader. It's main objective is to display up to 10 indicators at a time using just one small brick per each of them. These indicators involve Awesome Oscillator, CCI, DeMarker, MACD, RSI, RVI, Stochastic, Larry Williams' Percent Range, Bulls Power and Bears Power. An important function of the indicator is an ability to monitor signals from different timeframes. You can choose different combina
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A personal implementation of a famous trend principle known as higher high, higher close, lower low, lower close (HHHC - HHHL). It uses price action alone to determine trend direction, trend changes and pullback zones. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable breakout period Customizable colors and sizes It is non-repainting and non-backpainting It implements alerts of all kinds The indicator defines three price zones: Buy zones are blue Sell zo
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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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This indicator identifies pinbar candlesticks on the chart and displays an arrow as a trade signal based on the candlestick pattern. It offers user-friendly features, including push notifications and other types of alerts. It is most effective for identifying entry points or potential reversals at premium or discount prices. Additionally, it works on any time frame.
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红黄绿简明指示趋势与震荡指标升级版。 使用红黄绿三色来标示上升趋势 、震荡、下跌趋势。 红色表示空头趋势(下跌)。 绿色表示多头趋势(上涨)。 黄色表示震荡区域。 从黄色转变为红色时,行情可能从震荡转变为下跌趋势。一段连续的红色,说明下跌趋势很强。 从黄色转变为绿色时,行情可能从震荡转变为上升趋势。一段连续的绿色,说明上升趋势很强。 指标的上半部分区域和下半部分区域若同步为红色,表明下跌趋势已经形成共振,接下来大概率走出一段空头趋势。 同时,红绿黄分为上下两部分:
若上下部分同时为绿色,表明上涨趋势已经形成共振,接下来大概率走出一段多头趋势。 若上下部分同时为红色,表明下跌趋势已经形成共振,接下来大概率走出一段空头趋势。
若上下同时为黄色,表明当前行情为震荡。 升级版2.0: 新增两条快慢线。 当慢线(Blue/Red线)为蓝色时,视为多头行情。当慢线为红色时,视为空头行情。 当快线(DarkGray线)从下方向上穿过慢线时,作为参考做多信号,激进交易者可进场做多。反之亦然。
参数可调。 //+---------------------------------------------
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This indicator is stand alone version from MP Pivot Levels (All in one) containing Woodie Pivots. Woodie’s pivot points are made up of multiple key levels, calculated from past price points, in order to frame trades in a simplistic manner. The key levels include the ‘pivot’ itself, and multiple support and resistance levels (usually up to three each). Traders use these levels as a guide for future price movements when setting up trades.
The pivot : (Previous high + previous low + 2 x previous
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RaysFX WPR Strategy Indicator RaysFX WPR Strategy è un indicatore di strategia di trading basato sul calcolo del WPR (Williams Percent Range). Questo indicatore utilizza tre lunghezze diverse per il calcolo del WPR e pesa i risultati per fornire un valore complessivo del WPR.
Caratteristiche: - Calcola il WPR utilizzando tre lunghezze diverse (9, 33, 77) - Utilizza un sistema di pesi per combinare i tre valori del WPR in un unico valore - Genera alert in base al numero di alert impostato dall'
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This indicator is an addition to "Trend Edges."
The "Trend Edges histogram" indicator determines whether the trend is rising or falling. It is suitable for any time frame (tested on DAX).
Find a trending pair, index or CFD. Additionally :
-Sound alert on trend change.
-Alert Notification
-Alert Notification on your mobile phone Check my other indicators.
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Indicator SR levels true in small time frames is very useful for scalping while in bigger ones it is good for day or position trading.
SR levels true can draw 4 support/resistance levels based on defined maximum rebouds from price level. Indicator scans defined number of bars in time axis and defined number of pips in price axis (both sides - up and down) and calculates how much times price was rejected from scanned price levels. At the price levels where maximum rebounds are counted, support
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Monitors the current trend, gives signals for an uptrend, downtrend and weakening of the current trend. Colors the situation on the market with the appropriate color. Tool - any. Timeframe - any. Advantages The indicator does not repaint its signals. There are alert signals. Easy to use. Flexible settings. Suitable for trading any financial instruments. Settings Name Description Fast parameter The value of the fast parameter in the indicator (Should be less than the slow one). Slow parameter The
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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
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My Fibonacci An automated Fibonacci indicator that combines ZigZag swing detection with comprehensive Expert Advisor integration through a 20-buffer system. More details about data specification and EA integration: https://www.mql5.com/en/blogs/post/764109 Core Features Automated Fibonacci Detection The indicator identifies swing points using configurable ZigZag parameters and draws Fibonacci retracements and extensions automatically. It updates levels as new swing formations develop. Market Ad
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A signal indicator consisting of several well-known indicators that process data sequentially. 2 options - for schedule and basement. In the settings it is possible to enable alerts about the change of trend (alerts) sound, by e-mail and push. It is possible to change the colors and thickness of the lines, the colors and codes of the arrows, the number of calculation bars and separately configure the parameters included in the indicators.
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"Drivers Road Bands" indicator that is designed to be used in the 1H, 4H and 1D timeframes in the most ideal way. If we compare timeframes to roads and streets; main streets and highways with high traffic volume are similar to high-time timeframes in technical analysis. If you can interpret the curvilinear and linear lines drawn by this indicator on the graphic screen with your geometric perspective and develop your own buy and sell strategies; you may have the key to being a successful trader.
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This indicator demonstrates that the price change of financial instruments is NOT a random walk process, as advocated by the "Random Walk Hypothesis", and as popularised by the bestselling book "A Random Walk Down Wall Street". I wish that were the case! It is shown here that the real situation with price change is actually much worse than a random walk process! Deceptive market psychology, and the bulls-bears tug of war, stack up the odds against traders in all instruments, and all time frame
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Forex trend omega is a trend following indicator which filter market noice to make perfect entries to follow the trend or spotting trend reversals. The possibilities are endless for the use of this indicator, you can use it on any timeframe to find trends matching your trading strategy. The BEST thing about this indicator it does NOT REPAINT . This makes it a very unique indicator and is a MUST HAVE in your indicator portfolio. The indicator is really simple to use because it can be used with de
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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
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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
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Grid and averaging traders can see every individual order in the terminal, but rarely get a clear picture of the basket as a whole — the real average price, how much room is left before the next layer, or what happens to margin and exposure if the position keeps building. Grid Exposure Dashboard reads your open positions and turns them into a live basket picture, for BUY and SELL baskets independently. What it shows, per basket: Layer count, total volume, volume-weighted average price The price
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The range indicator means the average daily price movement. For convenience, it is visually displayed on the charts, but with the H4 timeframe and below. The indicator is redrawn daily and the gaps are included in the calculation. An additional dotted line means 80% of the daily movement passed. An important tool in the arsenal of a professional trader or someone who wants to become one. PrimeTools is a series of products designed for correct and professional trading. [ PrimeTools Levels | Prim
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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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SpreadPipsProfit – Real-Time Spread, P/L & Pip Tracker SpreadPipsProfit is a lightweight, non-intrusive MT4 indicator that displays your key trading metrics in real time — directly on your chart. It’s designed for traders who value clarity, precision, and clean visuals. Key Features Right-Aligned Display Panel – Perfectly positioned in the top-right corner with adaptive spacing and safe edge margins. Live Spread Monitor – Shows the current spread in pips , helping you avoid overpaying on e
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Panda Oscillator is a new author's indicator designed for scalping.
An indicator that gives signals based on the readings of a whole range of standard and proprietary tools.
Main Features of Panda Oscillator: Analytical functions It can be used on any currency pairs and time frames; The indicator does not redraw; It is a great addition to other indicators; Graphical capabilities Occupies the minimum number of places on the chart; Flexible tinctures; Easy to learn; Panda Oscillator consists
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