Free Technical Indicators for MetaTrader 4 - 2

Trading Session ICT KillZone — Unlock the Power of Market Timing Successful traders know one truth: timing is everything. Different trading sessions bring different levels of activity, volatility, and opportunities. To help you clearly see and take advantage of these shifts, we created the Trading Session KillZone Indicator. This indicator highlights the active times of the Asian, London, and New York sessions, giving you a complete picture of when the market is most alive. You can customize th

Most traders use ZigZag incorrectly. It does not help to understand the market — it creates false signals and misleads you about the trend. Valable ZigZag solves this problem by showing the real structure of price movement and the market direction. Limitations of the classic ZigZag The classic ZigZag reacts to too many movements. As a result: even minor pullbacks look like significant changes level breakouts are perceived as signals but fail to follow through it becomes difficult to distinguis

Kumo Forge Pro is a non-repainting adaptive Ichimoku trading system for MetaTrader 4. It goes far beyond the standard Ichimoku indicator by adding an adaptive volatility engine that automatically scales Tenkan-Sen, Kijun-Sen, and Span B periods based on real-time market conditions, a 9-factor confluence scoring engine rated 0--110 points, five independent signal types (TK Cross, Kijun Bounce, Cloud Edge Bounce, Chikou Breakout, and Kumo Breakout), a Momentum Pulse Engine, a Smart TP/SL system wi

The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. The indicator operation modes can be switched using the Mode input variable: Buy - display only the buyer volumes. Sell - display only the seller volumes. BuySell -

This is the best Support and Resistance Indicator on the market, and it shows both confirmed Support and Resistance as well as Retests. Support & Resistance: Support marks where buying demand halts price declines, acting as a safety net. Resistance caps price surges, driven by selling pressure. Traders leverage these levels to predict reversals, plan entries, exits, and manage risks, making them trading's fundamental guideposts. Join To Learn Market Depth -   https://www.mql5.com/en/channels/suv

Multi Timeframe Buy and Sell Power MT4 The Multi Timeframe Buy and Sell Power indicator for MetaTrader 4 is a versatile tool designed to provide traders with a clear visual representation of market pressure across nine standard timeframes, from M1 to MN1. By aggregating buy and sell strength percentages derived from recent price action and tick volume, it helps identify potential trends, reversals, and neutral conditions in real-time. The indicator displays this information in a compact dashbo

Venom Trend Pro — Multi-Timeframe Trend Analysis Tool Venom Trend Pro is a trend-following and swing-trading indicator designed to help identify clear directional moves across any pair and any timeframe . It works well for intraday and swing setups on Forex, gold, crypto, indices, and more. The indicator analyzes recent price structure and momentum to detect emerging or continuing trends. Once a trend is confirmed, signals remain fixed — there is no repainting after candle close . Key Features

Advanced SMC & Volumetric Order Block Indicator Overview This enhanced-grade for MetaTrader 5 indicator is designed to decode market behavior using     Smart Money Concepts (SMC)   method . It goes beyond standard price action analysis by integrating     Volumetric Data   directly into market structure, helping traders identify high-probability reversal and continuation zones with precision. Key Features Volumetric Order Blocks:   A unique, split-gauge visualization within Order Block zones tha

Market Structure Shift with FVG Indicator for MT4 This MT4 indicator from the apexfintech.net suite identifies market structure shifts and fair value gaps (FVGs) to provide traders with potential trading opportunities. It alerts users on these events via mobile notifications, enabling them to react quickly to changing market conditions. Key Features: Market Structure Shift Detection: Identifies bullish and bearish market structure shifts based on swing high/low breaks and significant candle bod

Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The AI Channels Indicator utilizes rolling K-means clustering —a powerful machine learning technique in clustering analysis—to deliver real-time insights into underlying price trends. This indicator creates adaptive channels based on clustered price data, enabling traders to make informe

Free Market structure zig zag to assist in price action trading the screenshots describe how to use and how to spot patterns new version comes with alerts, email alert and  push notification alert can be used on all pairs  can be used on all timeframes  you can add additional confirmation indicators the indicator shows you your higher high and low highs as well as your lower lows and lower highs  the indication makes price action analysis easier to spot.

Gold Levels MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price, displays price levels of support and resistance from all time frames (TF) using the Murray method based on the Gann theory. The indicator indicates overbought and oversold fields, giving an idea of possible reversal points and at the same time giving some idea of the strength of the current trend.   Description of levels: (Extreme Overshoot) - these levels are the ultimat

The Supply and Demand Zone Indicator is a powerful and easy-to-use tool designed to help traders identify critical supply and demand zones on the chart. These zones can provide valuable insight into potential market reversals, breakouts, and important price levels where buyers or sellers are likely to take control. The best   FREE Trade Manager . If you want to create your own Hedging or Grid strategies without any coding make sure to check out the   ManHedger Key Features: Automatic Zone Detect

Buying the Dips Buying the Dips is a professional oscillator designed to identify market extremes and trend-based pullbacks across all markets and timeframes. Two adaptive quotient lines, visual trend clouds, and optional swing and scalping signals provide clear, non-repainting trading impulses for traders who want to identify oversold dips and overbought zones with precision. How It Works The indicator is built on an advanced quotient engine using high-pass filtering and adaptive normalization

Pips Chaser  indicator has been developed to complement your manual trading. This indicator can be used for both short scalping and long swing trading // MT5 Version Features No repaint indicator This indicator does not change its values when new data arrives Trading pairs Any currency pair Time frame H1 is preferable, but you can adapt it to any timeframe Trading time Around the clock Buffers  Buy Buffer: 0 / Sell Buffer: 1 Requirements The use of an ECN broker with tight spreads fo

About Range Explosion Range Explosion is a powerful and free trading tool designed to detect market ranges, draw precise support and resistance zones, and identify breakout opportunities with accuracy and style. It is a part of the Break Out Explosion Project, offering traders a reliable and visually advanced solution for both beginners and professionals. MT5 Version of this product is available here : https://www.mql5.com/en/market/product/153004 If you are interested in breakout trading concep

1.Supply and demand are one of the core strategies used in trading. It focuses on the ancient laws of supply and demand, as well as the trends of prices in a free flowing market. The basis of this strategy is that the quantity of available tools and the demand for tools from buyers determine the price. It marks on the chart the areas where demand overwhelms supply (demand regions), driving prices up, or where supply overwhelms demand (supply regions), driving prices down. Most supply and demand

This indicator is based on the famous fractal indicator but with much customization  and flexibility , this is a powerful tool for identifying trend reversals and maximizing your profit potential. With its advanced features and user-friendly interface, it's the ultimate choice for traders of all levels. MT5 Version :  Ultimate Fractals MT5 Features :  Customizable Fractal Candle count. Reversal Lines. Customizable Settings. User-Friendly Interface.  Main Parameters:  Candles On Left - number o

Get crystal-clear market structure in seconds – without manual drawing! The HTF Auto Support & Resistance Indicator automatically marks the key support and resistance levels directly on your chart. These levels are based on a higher timeframe (HTF), making them far more reliable than random short-term lines. Main Features: Automatic detection of the strongest support & resistance zones Multi-timeframe analysis: choose a higher timeframe for more precise levels Clearly structured zones with color

Candle Countdown — Accurate Time to Close for MT4 Candle Countdown is a simple and precise tool that shows the remaining time until the current candle closes directly on the chart. When your entry depends on the candle close, even a few seconds matter. This indicator helps you see the exact time and make decisions without rushing or guessing. An indicator for precise control over candle closing time. The indicator displays: time remaining until candle close current server time spread Stop Level

MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This

THE BRAIN SMC ULTIMATE   "Trade Like an Institution, Analyze Like a Professional" Are you tired of cluttered charts, lagging indicators, and conflicting signals? Welcome to the era of Clean Trading. The Brain SMC Ultimate is engineered for traders who prioritize visual clarity without sacrificing data accuracy. Utilizing the latest Smart Money Concepts (SMC) algorithms, this indicator maps institutional footprints directly onto your MetaTrader 5 chart. CORE PREMIUM FEATURES Smart Entry Guidan

For the convenience of traders in obtaining data on the performance of markets and better formulating trading strategies, we have developed a trading session indicator. The opening hours of various exchanges affect trading as it affects market activity and trading volumes. These factors determine the volatility and trading opportunities of different instruments. The AW Trading Sessions Time indicator displays the trading hours of the Asian, London and New York markets. Traders can show or hide

It works based on the Stochastic Indicator algorithm. Very useful for trading with high-low or OverSold/Overbought swing strategies. StochSignal will show a buy arrow if the two lines have crossed in the OverSold area and sell arrows if the two lines have crossed in the Overbought area. You can put the Stochastic Indicator on the chart with the same parameters as this StochSignal Indicator to understand more clearly how it works. This indicator is equipped with the following parameters: Inputs d

The indicator works according to the Turtle system and classically assumes a time interval of 20 and 55 candles. A trend is monitored over a given time interval. Entry is made at the moment of breakdown of the support or resistance level. The exit signal is a price breakout in the opposite direction of the trend of the same time interval. Advantages: Instruments: Currency pairs, stocks, commodities, indices, cryptocurrencies Timeframe: Classically D1, also suitable for working with any timefra

Market Structure and Order Block Pro This indicator is a technical analysis tool for MetaTrader 4 designed to visualize price action patterns based on institutional trading methodologies. It provides automated mapping of market structure, supply/demand zones, and liquidity levels, featuring a comprehensive buffer system for EA integration. Core Functionalities Market Structure Detection: Identifies Break of Structure (BOS) and Change of Character (CHoCH) on both internal and swing levels. Order

Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order

The Higher High and Lower Low Scanner MT4 is an advanced trading indicator designed for MetaTrader 4 users who seek to enhance their price action trading strategies. This tool utilizes fractal analysis to effectively identify key swing points and trend-defining patterns, making it an invaluable asset for traders across various markets including forex, stocks, and cryptocurrencies. This indicator offers significant advantages by accurately confirming uptrends and downtrends through visual signals

The algorithm finds the zones of reduced volatility based on the UPD1 Trend Direction Indicator and builds the maximum horizontal volume based on the UPD1 Volume Box Indicator . As a rule, a strong trend movement occurs when exiting accumulation. If the price has left the accumulation, then it can test its maximum horizontal volume (POC). Smart alerts are available in the settings. Input parameters. Main Settings. Bars Count – the number of history bars on which the indicator will work. Timef

Description Market Phase Analyzer is an advanced indicator designed to identify the three main market phases: Accumulation , Manipulation , and Distribution . Through automatic session analysis, the indicator draws the Asia Box , detects sweep moves above or below key levels, and confirms reversals with the ATR filter to reduce false signals. Main Features Highlights the Asian session range with a customizable box. Automatic detection of bullish or bearish sweeps. Optional ATR filter for signal

Candle Closing Timer Pro is an essential, minimalist tool designed for traders who rely on candle closes to make precise execution decisions. Unlike traditional timers fixed in chart corners, this indicator projects the remaining time directly at the current price level , keeping your focus where it matters: the Price Action. Key Features: Dynamic Positioning: The timer follows the Bid price line in real-time, positioned right below it for clear, unobstructed viewing. Visual Color Alert: Feature

Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Maximize your trading edge with Follow Line with Scanner, an advanced volatility-based indicator designed for serious traders. This tool combines the power of Bollinger Bands with customizable settings, offering precise insights into price movements. See more MT5 version at:   Follow Lin

The Smart FVG Visualizer is a high-performance indicator designed to automatically and accurately identify market imbalances (Fair Value Gaps). Based on Smart Money Concepts (SMC) and ICT methodologies, this indicator highlights price inefficiency zones that act as powerful magnets or reversal points. Key Features: Instant Detection: Automatically spots Bullish and Bearish FVGs across all timeframes. Professional Aesthetics: Displays colored rectangles with "FVG" labels, perfectly aligned with i

MT4 Version : https://www.mql5.com/en/market/product/157679 MT5 Version : https://www.mql5.com/en/market/product/157680 Support Resistance — Smart Market Structure Levels A clean, intelligent, and highly reliable Support & Resistance indicator built for professional traders and automated systems. Support Resistance is designed to detect true market levels using an advanced clustering algorithm that combines Fractals, ATR-based price segmentation, and multi-timeframe analysis. Instead of drawi

### Donchian Channels Trend v1.0 A trend-following breakout indicator that encapsulates price action within a dynamic envelope based on historical highs and lows. Originally conceptualized for TradingView, this tool provides a clear visualization of the directional bias using state memory. **How it works** The algorithm calculates the absolute maximum and minimum values over a specified lookback period. It utilizes a finite state machine (FSM) to maintain the current trend direction based on s

Wave Reversal Indicator - determines the direction of trend waves and price reversals. The indicator shows wave movements and trend directions. It gives recommendations where to follow the trader, helps to follow the trading strategy. It is an addition to an intraday or medium-term strategy. Almost all parameters are selected for each time frame and are changed automatically, the only parameter for manual adjustment is the wavelength. Works on various trading instruments and timeframes, recomme

This is Free product you are welcome to use for your needs! If you like   this   indicator , please leave short positive feedback! Thanks a lot! Click here to see high quality Trading Robots and Indicators! Crypto_Forex Indicator "CCI with Alerts" for MT4, No Repaint. - CCI is one of the most popular oscillators for trading. - Built-in PC and Mobile Alerts for both: Entry to OverSold/OverBought zones and Exit from OverSold/OverBought zones. - With adjustable trigger levels for Alerts activation

Scalping Edge Pro Indicator Unleash the Power of Precision Trading: Introducing Scalping Edge Pro Tired of market noise and conflicting signals that cloud your judgment? Are you searching for a tool that delivers the clarity and confidence needed to seize rapid opportunities in volatile markets? Scalping Edge Pro is the engineered solution designed for traders who demand precision and professionalism in every trade. It is meticulously calibrated for peak performance on the 15-minute (M15) timef

SR PrevPeriods MT4 Overview SR PrevPeriods automatically plots the previous day’s, previous week’s, and previous month’s high and low directly on your MetaTrader 4 chart in real time. It’s a lightweight indicator designed to highlight historical support and resistance zones, which often align with price reaction areas, breakouts, and rebalancing points. What it does It draws horizontal lines at key previous levels and, if desired, text labels showing the exact value. The lines update automatic

XAU Scalper MT4 MT5   Version An analytical tool for observing short-term price movements in gold pairs. The XAU Scalper Indicator provides buy and sell signals based on candle stability, RSI, and short-term momentum. It is designed to help traders identify potential entry points during brief market movements in XAU pairs. Features Candle Stability Index: Measures the proportion between candle body and wicks to assess price action reliability. RSI Index: Tracks relative strength to indicate pote

Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me In the dynamic financial markets, identifying trend reversal signals is essential for effective trading. The RSI Divergence Scanner is designed to help you detect RSI divergence signals across various currency pairs and timeframes accurately and efficiently. See more MT5 version at:    R

Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Introducing the SuperTrend by Kivanc Ozbilgic with Scanner  – a versatile and powerful tool designed to help you stay ahead of market trends, complete with customizable features and real-time alerts.  You can adjust the ATR calculation method between RMA (Relative Moving Average) and SMA

This indicator was created as an MT4 version inspired by a TMA RSI Divergence indicator found on TradingView. This indicator detects both Regular and Hidden divergences using RSI pivot points, similar to TradingView's pivot-based divergence logic. -------------------------------------------------- Features -------------------------------------------------- • Regular Bullish / Bearish divergence • Hidden Bullish / Bearish divergence • Pivot-based detection (Left / Right bars) • Optional RSI SM

Pivot Point Fibo RSJ is an indicator that traces the support and resistance lines of the day using Fibonacci rates. This spectacular indicator creates up to 7 levels of support and resistance through Pivot Point using Fibonacci rates. It is fantastic how the prices respect each level of this support and resistance, where it is possible to perceive possible entry/exit points of an operation. Features Up to 7 levels of support and 7 levels of resistance Set the colors of the levels individually

Engulfing Candle Signal Alert: Elevate Your Trading Strategy   Unlock the full potential of your trading with the Engulfing Candle Signal Alert, the ultimate tool for identifying market reversals and enhancing your trading precision. Designed specifically for traders who value accuracy and timely alerts, this powerful indicator detects engulfing candle patterns, a key signal in technical analysis that often indicates a potential shift in market direction.   What is an Engulfing Candle?   An engu

Trend Master Ultra MT4  — Intelligent Trend Filter Trend Master Ultra   is a professional-grade trading system designed to separate real market trends from deceptive noise. Unlike standard arrow indicators, it doesn't just react to price spikes—it validates every signal using a built-in multi-stage filtration engine. Advanced Signal Filtering The core of TrendMaster Ultra combines the power of three legendary indicators to ensure high-probability entries: ADX (Trend Strength):   Automatically f

This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Reversal fractals can start long trends The indicator is non repainting It implements a

<<< Full version of the indicator with signals >>> Contact me for any questions AE-MTF Stochastic  The indicator is designed for traders who trade manually using strategies based on momentum and return to the average. It is especially useful for those who work on several timeframes at the same time and want to see the senior TF signal directly on the work schedule, without switching between windows.  It is suitable for any trading style: from scalping to swing trading. AE-MTF Stochastic is a p

Key Features of the Indicator: Buy & Sell Signals: The indicator generates buy and sell signals based on specific conditions. It uses the crossover of the Fast Moving Average (Fast MA) and Slow Moving Average (Slow MA) to determine market entries. The RSI (Relative Strength Index) is used to identify buy signals when RSI is above 50 and below 75. It also considers support and resistance levels for additional confirmation of signals. Trend Filter: The market trend is identified using a Trend Movi

Signal Moving Average Lux Algo for MT5  Discover a unique moving average indicator designed specifically for signal line use in moving average crossover systems. This advanced tool differentiates itself by diverging from price in ranging markets, while closely mirroring a standard moving average in trending markets. This characteristic helps traders avoid unnecessary noise and potential over-trading due to market fluctuations. The moving average will diverge from the price during ranging markets

Enhanced Volume Profile: The Ultimate Order Flow & Liquidity Analysis Tool Overview Enhanced Volume Profile   is an indicator for MetaTrader 5 that displays the traded volume at specific price levels over a defined period. It separates the total volume into buy and sell components, presenting them as a side-by-side histogram on the chart. This allows users to observe the volume distribution and the proportion of buy and sell volumes at each price level. Graphics Rendering The indicator uses t

Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe

Renko charts. This is not timeframe based indicator. Works with close prices. External parameters:  BrickSize - each brick size, 10 by default. PriceColor - Bid line color, white by default. UpColor - up brick color, LimeGreen by default. DnColor - down brick color, Crimson by default. BarsCount - bars amount to work with (0 by default - for all available). Alerts - alerts on trend change (true/false), false by default.

This is a multi-timeframe version of the popular Hull Moving Average (HMA). The Double HMA MTF Light indicator combines two timeframes on a single chart. The HMA of the higher timeframe defines the trend, and the HMA of the current timeframe defines short-term price movements. The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of price movements. If you need advanced functionality of the HMA multi-timeframe indicator (information ab

Auto Fibo is an indicator developed to enhance your manual trading. It will draw the golden ratio automatically, saving you time and facilitating your trading. Attach the indicator to the graph and it will automatically draw the exact golden ratio, saving you the trouble of having to find the critical point. The interface adjusts according to your computer to the approximate high and low points of the band. This indicator will correct most start and end point selection errors. For each band, th

Hi Trader, ================================================================================ If you like my indicator, please do not hesitate to give a review and/or comment. Thank you! ================================================================================ This indicator draws trade entry zone and target levels based on the levels of the previous day. A blue zone (BUY) or red zone (SELL) is drawn and two targets. The optimal trade entry value is also indicated. A second gray zone is

MACD divergence indicator finds divergences between price chart and MACD indicator and informs you with alerts (popup, mobile notification or email). Its main use is to find trend reversals in the chart. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. Three confirmation type for MACD divergences: MACD line cross zero level Price returns to previous H/L Creat

Basic supply demand   indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions /   Free MT5 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator   automatically   scans the chart for

This indicator is used to display the places of the flat and trend. The construction is based on an oscillator. It is used as an additional filter, both for trading on a regular chart and for binary options. Flat places are used in the UPD1 Volume Cluster indicator for trading according to the concept of smart money The built-in alert signals the places of the greatest overbought/oversold. Input parameters. Main Settings. Bars Count - indicate the number of bars on which the trend direction w

If you like this project, leave a 5 star review. This indicator draws the open, high, low and closing prices for the specified period and it can be adjusted for a specific timezone. These are important levels looked by many institutional and professional traders and can be useful for you to know the places where they might be more active. The available periods are: Previous Day. Previous Week. Previous Month. Previous Quarter. Previous year. Or: Current Day. Current Week. Current Month. Current

Buy Sell Magic AI is a professional MetaTrader 4 indicator that combines the strength of Bollinger Bands with a dynamic central midline functioning as a real‑time trend line. It generates clear entry signals based on consecutive candle closes above or below the midline, which shifts color to immediately reflect bullish or bearish momentum. The upper and lower Bollinger Bands provide a visual representation of volatility, while the midline acts as both a price equilibrium and a dynamic confirmati

The Identify Trend indicator, using fairly simple but robust filtering methods (based on the moving median – algorithm XM )  and more complex algorithms (XC, XF, XS, four types of non-lagging moving averages   SMAWL, EMAWL,  SSMAWL, LWMAWL ) developed by the author , allows determined (1) the beginning of a true trend movement very precisely and, most importantly, with a small delay, and (2) identifying the flat. Such an indicator can be used for trading scalper strategies as well

B Williams Divergent Bar The indicator searches for and marks Divergent Bars on the chart according to Bill Williams' methodology. What it shows: Green upward arrow — potential bullish reversal (Bullish Divergent Bar). Red downward arrow — potential bearish reversal (Bearish Divergent Bar). Arrows appear only on closed bars. Signal logic: The indicator looks for bars with a large shadow in the direction of the reversal that update the local extremum (new local low or high), while being on the op

Scalper Arrow x is a buy sell arrow type indicator, the strategy behind its signals is based on the MFI indicator with trend filter using Halftrend formula, this indicator can be used alone or mixed with other tools. NOTE : THIS INDICATOR DOESN'T REPAINT OR BACK PAINT, AND ITS ARROW SIGNALS ARE NOT DELAYED. ---------------------------------------------------------------

Chart Projection Indicator Chart projection started as a small indicator that used the built in zig zag technical indicator to forecast future price action (you can find the old algorithm in the comments) The idea is simple , past price action does not translate into the future but maybe if we don't get overly specific ,or , overly generic ,we can extract guidelines about what could happen . The "thesis" of Chart projection is this : Traders will look at the chart to make their decisions , so ,

This indicator is an interactive Elliott Wave labeling tool for MetaTrader 4 and 5. It allows the user to manually place wave labels directly on the chart by selecting a label size, color, and wave type (ABC corrections, 5-wave impulses, or WXY structures) from an on-chart menu. With a single click on the chart, the indicator sequentially places the appropriate wave labels at the chosen price and time, helping traders visually map and organize Elliott Wave structures. Rate it if you like it!

Introducing the Flag Pattern MT4, an essential indicator designed exclusively for MetaTrader 4 that identifies flag patterns in market movements. This tool is perfect for traders at all levels who wish to enhance their trading strategies by recognizing one of the most reliable chart patterns for trend continuation. With the Flag Pattern MT4, you gain the ability to spot potential trading opportunities swiftly, enabling you to act on short-term price consolidations that often follow strong price

Unlock the potential of your trading strategy with the Nadaraya Watson Envelope MT4, an innovative indicator designed to provide traders with precise trend analysis and dynamic support and resistance levels. Ideal for forex, commodities, and cryptocurrency traders, this tool enhances decision-making and accuracy in identifying market reversals and trend continuations. The Nadaraya Watson Envelope MT4 stands out by utilizing advanced Gaussian kernel smoothing to create adaptive envelope bands tha

About: Someone recently shared a pinescript with me. And asked me to convert it to MT4. I found the FVG blocks very effective as SR areas. So here it is. Enjoy!! What are Fair Value Gaps (FVG)? Fair Value Gaps occur when price moves so quickly that it creates an imbalance between buyers and sellers. These gaps represent areas where price "skipped" levels, creating potential zones for price to return and "fill the gap". Think of it as unfinished business in the market that often gets revisited.

Institutional Buy & Sell Zones with Alerts Overview: Institutional Buy & Sell Zones with Alerts is a professional all-in-one indicator that combines daily trendlines, change-of-character (CHoCH) signals, and 7-day institutional supply/demand zones to give traders a clear view of market structure, trend direction, and high-probability reversal points . Key Features: Daily Trendline Detection: Automatically draws trendlines from the previous day high/low to current day high/low . Detects trendlin