Free Technical Indicators for MetaTrader 4 - 19

Trend indicator A unique system for determining the trend for each timeframe, Allows you to have a real picture of the trend for any currency pair on all standard timeframes! Green squares are BUY trend and red squares are SELL. Trading technique: if small time frames are opposite to the trend of the older ones, then due to the inertia of the market movement, enter in the older times as on the screenshots.

http://www.tradepositive.lat ALGO Smart Flow Structure Indicator The institutional standard for market structure. Designed for serious SMC (Smart Money Concepts) and Price Action traders, this indicator eliminates the noise of conventional fractals. Forget about repainting signals and ambiguity; get a crystal-clear view of the real market structure , validated by strict algorithmic rules. The Bias Dashboard Make informed decisions by monitoring 3 critical variables across 8 simultaneo

The Time End bar by MMD is a simple indicator that shows the number of seconds remaining in the three selected intervals. According to the MMD methodology, the moment when a directional price movement occurs is important. This indicator allows you to use this relationship more effectively in Forex and Futures trading. Functionality description: Time Frame 1 Period - defining the first time interval Time Frame 1 Color - specifying the color for the first time interval Time Frame 1 Period - def

A line-by-line port of "UT Bot Alerts" by QuantNomad (Pine v4, 2020). The idea is by HPotter and the first version by Yo_adriiiiaan. The original is published as open source on TradingView. All credit goes to those authors. The logic is exactly the original's: ATR is atr(c) = Wilder RMA seeded with an SMA. The built-in iATR is not used. Trailing stop follows the original nested iff / nz recursion: It ratchets up while price stays above the stop. It ratchets down while price stays below the stop.

Fibomathe Indicator: Support and Resistance Tool for MT4 The Fibomathe Indicator is a technical analysis tool designed for MetaTrader 4 (MT4) that assists traders in identifying support and resistance levels, take-profit zones, and additional price projection areas. It is suitable for traders who use structured approaches to analyze price action and manage trades. Key Features Support and Resistance Levels: Allows users to define and adjust support and resistance levels directly on the chart. L

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

DiNapoli Stochastic Predictor V2.02 The DiNapoli Stochastic Predictor is an advanced and optimized version of the classic Stochastic oscillator, based on the specific smoothing methods proposed by the legendary trader Joe DiNapoli. Unlike the standard Stochastic, which can be overly sensitive and "noisy," the DiNapoli version applies a double smoothing process that filters out market noise, providing much more reliable overbought and oversold signals. The standout feature of this tool is its Re

Индикатор "Buy Sell zones x2" основан на принципе "остановка/разворот после сильного движения". Поэтому, как только обнаруживается сильное безоткатное движение, сразу после остановки - рисуется зона покупок/продаж. Зоны отрабатывают красиво. Или цена ретестит зону и улетает в космос, или пробивает зону насквозь и зона отрабатывается с другой стороны так же красиво.  Работает на всех таймфреймах. Лучше всего выглядит и отрабатывает на Н1.    Может использоваться как: индикатор зон, где лучше вс

Indotrend is a Smart indicator to detects the Trend and also view support & resistance, multiple timeframe to get validate the trend. it can be use for Forex,Index,Metal,Stock and Crypto. Parameters: Alerts - show popup alert message on Metatrader  Hi Lo H1 Timeframe - Show LIne Hi/Low Price base on H1 timeframe Show Fibonaci level - Show Fibonaci retracement level Show Support Resistance, - Show Support & Resistance H1 timeframe.

This indicator can help easy to display other timeframe within same chart. Parameter TimeFrames Setting :: [ TimeFrames   ] ; :: [ Bull Candle Color ] ; :: [ Bear Candle Color ] ; :: [ Show Previous Bars ] ; Shift Bar   Setting :: [ Shift Bar Move ] ; :: [  Shift Bar Gap  ] ; :: [ Shift -1 TimeFrame ] ; :: [ Shift -2 TimeFrame ] ; :: [ Shift -3 TimeFrame ] ; :: [ Shift -4 TimeFrame ] ; :: [ Shift Bar Bull Candle Color ] ; :: [ Shift Bar Bear Candle Color ] ; :: [ Shift Bar Body Size ] ; :: [ Sh

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

Simple Trading System Update !!! Follow this link to see our 2024 Strategy !!!   ( Download the EAs scanner ) Trend Strength Meter Trend Strength Meter is a practical trading tool developed for MetaTrader 4. It tells you immediately whether buyers or sellers are in control of the market. Instead of checking multiple charts and indicators one by one, Trend Strength Meter analyzes 14 proven indicators across 7 timeframes (M1 to D1) at the same time and displays the result as a simple percentage fr

Limited time offer! For the launch of NextBot Scalper EA , the price of this indicator will drop to FREE ! Introducing a pragmatic and innovative tool for MetaTrader 4 (MT4) traders: the Linear Regression Next channel indicator, enhanced with the determination coefficient  R 2 . This indicator serves as a foundational tool for traders seeking to understand market trends through the lens of statistical analysis, specifically linear regression. The essence of this indicator lies in its ability t

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: (

CS Bollinger is a signal indicator based on Bollinger Bands, designed for the rapid identification of key support and resistance levels with visual trading signals. Thanks to an improved level-switching logic, the indicator automatically adjusts levels on the chart, displaying signal arrows when a price reversal is confirmed. This helps traders quickly identify favorable moments for entering and exiting the market. The indicator offers flexible settings that allow it to be adapted to an individu

There are many candlestick patterns but only a few are actually worth knowing. Candlestick Pattern Filter detects and marks the most reliable candlestick patterns. Remember that these patterns are only useful when you understand what is happening in each pattern. They should be combined with other forms of technical analysis for best result. These patterns are included: Hammer / Hanging Man Inverted Hammer / Shooting Star Bullish / Bearish Engulfing Piercing Line / Dark Cloud Cover Morning Star

AanIsnaini Signal Matrix Multi-Timeframe Confidence Signal Dashboard AanIsnaini Signal Matrix  is a powerful all-in-one indicator that analyzes market direction and confidence levels across multiple timeframes — allowing traders to see the overall bias of the market at a single glance. It combines signals from   Price Action ,   Support–Resistance , and several proven technical tools (MACD, ADX, RSI, MA slope, ATR, and Volume Ratio), then calculates a   confidence score   showing how strongly th

FTU Fibonacci This indicator draws fib levels for retracement type entry systems ** watch the video for strategy suggestion Features: Multiple Fibo levels adjustable Change color and amount of bars from range 2 lines for 50 bars prior high-low retracement and 2 lines for 20 bars Lines are showing 38 and 61 Fib levels Usage : Purpose is to study or measure price retracement Change color and amount of bars from range.  Use on any timeframe,  product/pair, non repaint, fast loading

️ NEXORA CANDLE TIMER — Professional Bar Countdown for MT4 Stay perfectly synchronized with the market using Nexora Candle Timer , a clean and ultra-precise countdown tool designed for traders who rely on timing, price action, and candle behavior. Whether you trade manually or use automated strategies, this indicator keeps you informed about exactly when the next candle begins — without cluttering your chart. Overview Nexora Candle Timer is a lightweight yet powerful MetaTrader 4 utility tha

SpreadChartOscillator is an indicator that displays the spread line of a symbol in the subwindow of the oscillator. In the parameters it is possible to specify another symbol from which the spread line will be broadcast. If the "Symbol" parameter is left empty, the spread line will be displayed from the current symbol on which the indicator is set. This tool is ideal for traders who want to see the spread dynamics in the oscillator format and use it to protect themselves from entering the market

Attention, for the indicator to work correctly, you need to put the "MQL5" folder in your terminal folder, you can download it from the link below: https://disk.yandex.ru/d/DPyo0ntaevi_2A One of the best arrow indicators for Binary Options, which can also be used in the Forex market. Any time frame from M1 to MN, any currency pair, can also be used on stocks - the indicator is universal. Expiration from 1 to 5 candles. Displays traffic statistics on a graph. The indicator gives signals along th

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.

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

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

MORE THAN A PIP/POINTS CALCULATOR AlgoCore Calculator is a complete position sizing, growth, performance, movement-value and basket-analysis workspace for MetaTrader. It reads live account, symbol and broker data but does not open, modify or close trades. 23 individual calculation functions 39 types of calculated outputs 4 organized calculation panels WHAT IT COVERS Works with Forex, metals, indices, commodities and other broker-supported CFD instruments. Reads live account, symbol, tick, co

Elder's Force Index (EFI) 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 EFI? Elder's Force Index (EFI) is a technical indicator developed by Dr. Alexander Elder that measures the power behind price movements by combining price change, direction, and volume. The indicator is calculated as

MeeKiew Semafor + SuperTrend MeeKiew Semafor + SuperTrend  is a streamlined technical tool designed to combine high-probability structural analysis with robust momentum tracking. By integrating a clutter-free, Single-Level Semafor engine with a dynamic volatility-based trend filter (SuperTrend), this indicator eliminates market noise and provides traders with crystal-clear, actionable execution zones. 1. The Streamlined Semafor Engine (Clean Market Structure) Pure Peak & Trough Detection:

Description The BBMA + EMA50 Structure is a basic BBMA trading framework indicator combined with EMA 50 and First Momentum detection . It helps traders to quickly identify market structure, momentum shifts, and potential entry points with clear visual signals. Key Features: BBMA Structure : Displays the essential Bollinger Bands + Moving Average framework. EMA 50 Filter : Helps confirm trend direction and structure bias. First Momentum Detector : Automatically detects the first momentum breako

Parabolic MA Pro - Système de Trading Avancé Détectez les retournements de tendance avec précision grâce à notre système unique combinant SAR Parabolique et Moyenne Mobile !   CARACTÉRISTIQUES RÉELLES   SYSTÈME HYBRIDE INNOVANT SAR Parabolique   calculé sur la   Moyenne Mobile   (au lieu du prix direct) Filtrage des faux signaux   grâce à la double validation Algorithme exclusif   de retournement de tendance   ALERTES PRÉCISES Notifications sonores   aux points de retournement Détection automati

The Multi Trendlines indicator automatically draws the dominant trendlines on the current chart. The indicator looks for the 5 best Up trends and the 5 best Down trends as at the current price, drawing each trendline if filter conditions are met. The trendlines are named "Trendline"+[Direction]+Symbol()+TrendlineSequenceNumber For example: The second Up trendline on a EURUSD chart would be named "TrendlineUpEURUSD2".   To get its current value would be: ObjectGet("TrendlineUpEURUSD2",OBJPROP_PRI

Search for an entry with low risk for trading by Lisek Waves Indicator. Using Lisek Waves Indicator can improve your trading performance. In it’s simplest form, this trading tool make it easy to s earch for an entry with low risk   and to manage your trade and risk. Lisek Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. You can avoid the loss from taking trades that are

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

The indicator displays historical price ranges as daily boxes, enabling detailed analysis of intraday structure and market behavior. Each trading day can be assigned an individual color. Inside every box, the range between the opening and closing prices is drawn with separate directional colors, helping traders identify accumulation and consolidation zones. Version for MT5 : https://www.mql5.com/ru/market/product/161828?source=Unknown

RSI Table: Your Ultimate Multi-Timeframe RSI Command Center! Are you tired of constantly switching between charts and timeframes just to get a comprehensive view of the Relative Strength Index (RSI) across your favorite assets? Do you miss crucial overbought or oversold signals because they're hidden on another chart? Introducing the RSI Table – the indicator designed to give you an instant, panoramic view of RSI values across multiple instruments and timeframes, all on a single, intuitive dash

Overview Discover a powerful yet simple indicator to identify market trends effectively!  Awesome Moving Average (AWMA)  is designed to detect bullish or bearish trends by analyzing price breakouts beyond the moving average line. Basically, the way this indicator works is similar to the Moving Average indicator available on the MetaTrader platform. As we know, the Moving Average indicator tends to be difficult to use when the market is in a sideways condition because it often gives false breakou

About: The Nadaraya-Watson Envelope is a sophisticated yet practical technical indicator that helps traders identify overbought and oversold conditions using advanced kernel regression methods. This is the MT4 only Version. For MT5 Version go here: https://www.mql5.com/en/market/product/158641/ Key Features ATR-Based Bands: Three upper and three lower bands provide graduated overbought/oversold zones Logarithmic Scale Calculation Center Line - bullish (teal) or bearish (red) What is the Nad

Corretora recomendada para usar esse indicador: https://tinyurl.com/5ftaha7c Indicador usado para sabermos os pontos de suporte de resistência no gráfico. Funciona em todos ativos e timeframes. Acerte exatamente os pontos de entradas e saídas das suas operações.   SEE OUR RESULTS ON INSTAGRAM:  https://www.instagram.com/diogo.cansi/   TELEGRAM GROUP =  https://t.me/robosdsc More information by email dscinvestimentos@gmail.com or by Whatsapp 55-991372299

The indicator detects the direction of the trend and colours the candles on the chart accordingly. Allows you to enter the trade at the beginning of the movement The easiest way to set up the indicator Can be used on any currency pairs, metals and cryptocurrencies, as well as when working with binary options Distinctive features Shows the trend direction Does not re-draw Easy and accurate adjustment; Works on all timeframes and all symbols; Suitable for trading currencies, metals, options a

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Bollinger %B Indicator for Enhanced Forex Trading Analysis The Bollinger %B Indicator, expertly crafted in MQL4, is a dynamic tool designed to revolutionize forex trading analysis. Leveraging the power of Bollinger Bands,

Alien Nihilist Dashboard Es un escáner avanzado para MetaTrader 4 diseñado para una lectura clara, rápida del mercado en múltiples temporalidades. Este indicador analiza automáticamente la fuerza de tendencia, momentum y posibles puntos de entrada desde M1 hasta MN1 , todo en un solo panel compacto directamente en tu gráfico.  ¿Qué hace este escáner? Combina múltiples herramientas profesionales en un solo dashboard: ADX (5 periodos) → Mide la fuerza real de la tendencia Stochastic (3 configuraci

Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** Please consider checking

AstroCycles: Advanced Financial Astronomy Indicator Overview AstroCycles   is a sophisticated technical analysis tool developed for the MetaTrader 4 (MQL4) platform. It bridges the gap between orbital mechanics and financial market analysis by calculating precise astronomical cycles and visualizing them directly on your trading chart. Unlike standard indicators that rely on past price data, AstroMaster utilizes high-precision astronomical algorithms (Keplerian Elements and Brown’s Lunar Theory)

Market Power Index (MPI): The Trader's Battlefield Intelligence When bulls and bears clash, MPI shows you who's winning. It measures the real-time balance of power between bulls (buyers)  and bears (sellers) in any given market. Now you can make informed decisions with the only indicator that measures both sides of the market simultaneously! Professional-grade market analysis, simplified for every trader. Available on both mt4 and mt5 platforms  Free! Who Needs This? Forex traders   (all exper

Free Scalping is a comprehensive manual system developed for the most efficient trading at any market conditions and time scale. The system is based on two main blocks: 1. The block of trend determination that calculates dynamic support and resistance. The function of auto-optimization is available for this block. 2. The block of price deviation from its median based on the big set of regressions to get the statistically-valid result. Entry rules For buys: 1. The trend goes up 2. The price i

The "Yesterday High Low" indicator for the MetaTrader 4 (MT4) trading platform is a powerful tool designed to help traders identify key price levels from the previous trading day. This indicator provides a visual representation of the high prices, low prices, high/low price averages, and intermediate average levels on the chart. Primarily used by institutional and professional traders, this indicator offers an instant view of price levels that are often considered crucial in financial markets.

**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

PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE  https://www.mql5.com/en/market/product/51637  AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS. This Indicator is based on four moving averages and the PIVOT points. The indicator provides clarity to trading, especially in ranging markets when price is very slow and tight. You can trade intensively daily, every day with this indicator. You may decide to trade with this indicator alone and get the maximum out of the market. The indicator wa

Shadow Bands Pro – MT4 说明（中英文） English Description (MT4) Shadow Bands Pro – Advanced Reversion System for MT4 Shadow Bands Pro is a non-repainting (on candle close) trend-reversal and mean-reversion indicator designed for traders who need clear, rule-based entries and exits. By combining a dynamic volatility band, entity-break logic, and a built-in statistics panel, it helps you quickly see where price is stretched and where high-probability reversals may occur. Key Features Non-repainting on

The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader5 Version   |   All Products   |   Contact

The indicator determines overbought/oversold zones on various timeframes. Arrows show market trend in various time sessions: if the market leaves the overbought zone, the arrow will indicate an ascending trend (arrow up), if the market leaves the oversold zone, the arrow will indicate a descending trend (arrow down). Situation on the timeframe, where the indicator is located, is displayed in the lower right window. Information on the market location (overbought or oversold zone), as well as the

The   Retracement indicator   shows the current and historical high, low and mid values. Optionally, it can also display major retracement levels. All these levels together form the significant levels of support and resistance. Therefore, it is essential to know them for every kind of trader. Levels High Low Midpoint 76,4 % 61,8 % 38,2 % 23,6 % Main features The indicator shows the actual levels of High, Low, Mid and selected retracements. Four optional retracement levels. Alert notifications

How the Indicator Works: This is a Multi-timeframe MA multimeter indicator which studies if price is above or below a particular EMA range and shows Red/Green/Yellow signals. Red: Price Below EMA range Green: Price above range Yellow: Price within range Indicator Properties: EMA Settings: - Default Period is 200. You can change all MA Settings like Period, MA Method (SMA, EMA, etc) or MA Applied Price (Close, Open, etc). - EMA Range list is a comma separated value list for different timeframes

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

It predicts the most likely short-term price movement based on advanced mathematical calculations. Features Estimation of immediate price movement; Calculation of the real market trend; Calculation of the most important support and resistance levels; Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources; Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe; Compatibl

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

This ZhiBiQuShi tool is suitable for all varieties and is suitable for more than 5 minutes. It is a good tool for judging trends! The price is a downward trend below the two lines, and the price is an upward trend above the two lines. DESCRIPTION OF SETTINGS till_breakeven_rate : Determines how closely the channel will follow the price till the trade breaks even.                                   RECOMMEND 1  space1 : Determines the width of the channel from the beginning of a trade till profi

Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] A value of zero means the market is absolutely flat A value of 100

!!!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

Heiken Aish indicator that generates alerts when the market changes direction. It eases the visualization of market volatility, providing greater calm when making decisions. Blue means buying and yellow means selling. A candle without a wick indicates a strong trend, i.e., blue candles without wicks at the bottom indicate a strong buying trend and vice versa, yellow candles without a wick at the top indicate a strong downtrend.

21 simple moving average ( All Type of 21 MA River ) 51 simple moving average Long Entry Upper 51 MA and above the 21 River Middle channel. Long Only Above Green Line (Market Opening Line)   Short entry Below the lower 51 MA and below the 21 lower channel. Short Only Below Green Line (Market Opening Line) Exit position Initial stop loss is 20 pips below (for buy) or above (for sell) Target : Next level as per indicator   Profit Target ratio 1:1.2 Download Template : https://drive.google.com/o

Shows Kaufman Efficiency Ratio value and smoothed by MA. Calculation is based on movement divided by volatility on a specified period. Levels are adjustable as well as visualization. Parameters: KERPeriod - period for ratio calculation. EMAPeriod - period for moving average. Shift - indicator shift. HigherLevel - low value of the higher zone. LowerLevel - high value of the lower zone. ShowHigherZone - allow higher zone drawing. HigherZoneColor - higher zone color. ShowLowerZone - allow lower zon

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

Probability emerges to record higher prices when MACD breaks out oscillator historical resistance level. It's encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly, 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 second and third screenshot. Furthermore divergence is confirmed in c

How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre

Detailed blogpost: https://www.mql5.com/en/blogs/post/766378 Key Features Adaptive Upper/Lower bands Smooth Center Line Customizable Length (sensitivity) Non-Repainting (only current ongoing bar is updated every "Refresh After Ticks" number of ticks) Multiple Price Sources - Choose from close, open, high, low, median, typical, or weighted close Components: The Basis Line The smooth center line represents the weighted average of price. Think of this as the "true" price level when all the noise

This indicator is the author's implementation of the classic indicator Parabolic Support and Resist (PSAR). A time-tested product that allows you to not only determine entry/exit points but also reasonable levels for setting protective stop orders. The indicator has two customizable ranges, which allows you to identify long-term and short-term trends. The indicator does not repaint on the data history. The indicator has the ability to give signals and send notifications about them to e-mail and

It is an algorithm to detect trend changes early. You should try multiple values for the Multiplier parameter (1 <value <10 recommended). At first glance you can see effective entries. This is, in fact, one of the rows that Geleg Faktor initially had. But it was removed because it was no longer needed. The other rows were sufficient for G.Faktor's effectiveness, but I still wanted to share this one. Always test before using it on your live account so that you fully understand how it works and

Overview: The Coloured Parabolic SAR Indicator is a visually enhanced trading tool designed to make trend-following and trade identification easier. This customizable indicator provides clear visual cues with color-coded signals for bullish (buy) and bearish (sell) trends directly on your MT4 chart. Key Features: Color-Coded Signals : Lime green "o" symbol for Buy signals. Red "o" symbol for Sell signals. Customizable Inputs : Adjustable Step and Maximum parameters to fine-tune the Parabolic SA

Hello trader,  I'm a fan of Price Action and i coded my indicator named Price Action Candle. May be future it is a paid version that can be get alert by mobile phone or telegram. This indicator can show you three type candles as: PinBar, Inside Bar and Fakey. You can setup more option for other candle: Engulfing Feel free to contact me in a private message or via telegram @spotXXX Thanks and happy trading!

Classical Keltner Channel Indicator, Extended version. Works on any instruments. It shows Keltner Bands under these parameters:  * periodMa - Period of Moving Average  * periodAtr - Period of ATR (Average True Range) *  atrMultiplier - ATR Multiplier, multiplies range, calculated by PeriodATR parameter  * modeMA - modes of moving average (MA) calculations (Simple, Exponential, Smoothed, Linear Weighted) * modePrice - modes of Price calculations for MA (Close, Open, High, Low, Median, Weighted) T