Free Technical Indicators for MetaTrader 4 - 22

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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

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

On Balance Volume (OBV) 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 OBV? On Balance Volume (OBV) was developed by Joe Granville and is a volume-based momentum indicator that uses cumulative volume flow to predict price changes. It adds volume on up days and subtracts volume on down day

The principle of this indicator is very simple: detecting the candlestick pattern in D1 timeframe, then monitoring the return point of graph by using the pullback of High-Low of D1 Candlestick and finally predicting BUY and SELL signal with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each time frame. Example: If you install indicator on XAUUSD, timeframe D1: the indicator will detect the reversal, pullback, price action on this timeframe (for exam

An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar’s high, and the low is higher than the previous bar’s low. Its relative position can be at the top, the middle or the bottom of the prior bar. The prior bar, the bar before the inside bar, is often referred to as the “mother bar”. You will sometimes see an inside bar referred to as an “ib” and its m

Being   flat is a position   taken by a trader in Forex trading when s/he is unsure about the direction of currencies trading in the market. If you had no   positions   in the U.S. dollar or your long and short   positions   canceled each other out, you   would   be   flat   or have a   flat   book A   flat market   is one where there is little price movement; the   market   typically trades within a tight range, rather than forming a clear up or down trend. This indicator shows potential flat

Use GANN 369 to use a combination of 30's,60's,90's time to cross 3's,6's,9's.  Any larger combination of these cross smaller combinations of these Using GANN 369 Method for Trading Reversals The GANN 369 method, inspired by the works of W.D. Gann and Nikola Tesla's 3, 6, 9 numerical patterns, can be employed to identify potential reversals in financial markets. By combining specific periods (30, 60, and 90) with the numbers 3, 6, and 9, traders can seek opportunities for trend changes.

RSI Bands is a powerful indicator which displays an upper and lower band corresponding to the RSI overbought and oversold levels. The band shows what price must be reached during that specific candle in order for the RSI overbought/oversold level to be reached. This is an extremely useful tool for spotting when a trend has begun and when a trend is about to end. The indicator provides buffers, allowing you to use it in your own Expert Advisor. Please message me if you have any questions. CURREN

Flat Reminder Overview Flat Reminder is a powerful technical analysis tool that identifies and highlights price consolidation zones on your chart. It detects when price action slows down and moves sideways, indicating potential reversal points, continuation setups, or key decision zones in the market. Key Features Consolidation Detection : Automatically identifies flat price zones where market momentum decreases Range Measurement : Calculates and displays the exact range of each consolidation in

Concept Market arranges in Time upcoming Phases according to the present Results of its Interest. Directing Modulations are an Interaction of immanent Periods, which show in Reference to Time cyclic Activity and to Price leveling Activity. PointZero is a projecting Price Mask of this Concept of Time and Price and categorizing developed Price Movements related to their own Range: how far moved ? indicating their Status by marking special Events: when which Action ? setting the Situation in a fun

Hello, I need reviews from you guys. Thank you Fractal Swing Detector Pro Indicator is designed to help traders   identify key swing points in the market . By combining fractal an d pivot analysis, this indicator   provides deeper insights into price movements an d potential reversals. Key Features: Fractal Analysis:   Identify high   and low fractals with the option to use either   3 or 5 bar fractals . Fractals help detect minor reversal points within   trends. Pivot Points:   Advance d pivot

iRSI in iMA is indicator to change color in iMA if iRSI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iRSI on iMA. You can to get source code from  here. Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. RSI_Periods — Period for iRSI. RSI_ApliedPrice — Price used for iRSI. RSI_LevelsUp — Level iRSI for up trend. RSI_LevelsDN — Level iRSI for down trend. BarsCount — How many bars will show the line

This indicator implements the logic behind Traders Dynamic Index to the classic MACD Indicator. It helps to find powerful trende changes and ignore meaningless ones. It is simply the classic MACD indicator plotted with volatility bands on top designed with the sole purpose of being able to ignore trend changes that do not follow an over-extension or over-contraction of the market. The indicator alerts on trend changes after the volatility bands have been breached and implements alerts of all ki

Balance of Power (BOP) 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 BOP? Balance of Power (BOP) is an oscillator that measures the strength of buyers versus sellers by comparing the change in price to the range of the bar. The indicator is calculated as (Close - Open) / (High - Low), th

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

Here is the most unpretentious indicator to use, but one of the most useful. It signals the near reversal of the growing volatility. It is volatility that gives income to the trader. The indicator is especially useful for those who do not want to wait for the right moment in front of the monitor. The indicator is installed on the charts M15 and M30. According to the observations on these timeframes, it best fixes the approach of wide price waves. Well-established on the USDZAR currency pair (Att

Master Trading Matrix (Free Advanced Multi-Indicator Dashboard) The Master Trading Matrix is an institutional-grade technical convergence scanner designed to combine 10 foundational momentum, trend, and exhaustion engines into a single, unified execution display. By integrating RSI, Stochastic, CCI, Williams %R, DeMarker, Momentum, RVI, Chande Momentum, Rate of Change, and Ultimate Oscillator into an executive matrix, this utility eliminates multi-window clutter and provides a complete, real-ti

Th3Eng Chart shadow indicator is a tool helps you to display another symbol on the current symbol in candles style or line. You can type the second symbol name in the setting and select the drawing mode { candles or line }. Also, the indicator displays the spread and current price of both pairs on the left top side corner of the chart. setting: 1- Symbol: Insert The second symbol name. 2- Drawing mode: Choose the draw mode from (Candles or line). 3- Show spreads:  true\false to display the pric

Spin is an intrinsic form of angular momentum carried by elementary particles, composite particles (hadrons), and atomic nuclei. Spin is one of two types of angular momentum in quantum mechanics, the other being orbital angular momentum. The orbital angular momentum operator is the quantum-mechanical counterpart to the classical angular momentum of orbital revolution and appears when there is periodic structure to its wavefunction as the angle varies.For photons, spin is the quantum-mechanical

This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video   https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s . The basic idea behind this indicator is it draws a   tangent line   on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know

O Afastamento da Média Móvel, é uma poderosa ferramenta de análise técnica projetada para fornecer uma representação visual do afastamento entre o preço atual e uma média móvel específica. Este indicador, desenvolvido para o MetaTrader, oferece aos traders uma perspectiva clara das mudanças na dinâmica de preço em relação à tendência de médio prazo. Versão MT5:  https://www.mql5.com/pt/market/product/111704

Ever wondered what is XAU/XAG rate or how Chinese Yuan is traded against Russian Ruble? This indicator gives the answers. It shows a cross rate between current chart symbol and other symbol specified in parameters. Both symbols must have a common currency. For example, in cases of XAUUSD and XAGUSD, or USDRUB and USDCHN, USD is the common currency. The indicator tries to determine the common part from symbols automatically. If it fails, the DefaultBase parameter is used. It is required for non-F

Now there is no need to check volatility on third-party websites in order to determine the average movement rage of a certain currency pair. The Truly Volatility indicator is designed for determining volatility for the specified period and is displayed in a separate window as a histogram and line. If attached to a chart with the Н1 timeframe, the indicator displays the average price movement for each hour (from 0 to 23) based on the history data. On the D1 timeframe it displays the average movem

Trade Visuals is a dynamic chart-based indicator for MetaTrader 4, designed to visually display recent trades directly on the chart. It includes: Trade arrows for entry and exit points, color-coded by direction and profit/loss. Dotted lines connecting open and closed trades. Profit/loss labels in pips and currency. Interactive toggle button to show/hide drawings. Trade history panel showing time, ticket, type, lot size, pips, and P/L. Customizable appearance via inputs for colors, fonts, and la

Jumping & Dumping Candles Detector Multi-timeframe MT4 indicator that scans historical candles across H1, H4, D1 for strong price movements using body size, wick, and volume filters. Features Analyzes multiple timeframes: H1, H4, D1. Marks candles on charts. Supports sound and push alerts. Usage Attach to charts for research and strategy development. Configure filters for body percentage, wick ratio, volume threshold. Test signals for breakouts or reversals. Past performance does not guarantee f

This indicator displays the current SWAP values (for both buy and sell positions) of individual trading instruments directly in the chart. It allows traders to quickly identify which symbols have positive or negative swaps, helping them make better decisions when choosing positions that may be more advantageous for long-term holding. ️ Indicator Settings Selection of Displayed Symbols The user can choose which instruments are displayed in the table: • only currency pairs, • all symbols from the

This oscillator has become one of the main tools of most professional traders. The indicator includes a classical MACD ( Moving Average Convergence/Divergence ) line, a signal line, as well as a MACD histogram. Exponential moving averages are used in the calculation. The indicator also provides the ability to enable signals on identification of divergences between the price graph and the indicator. Divergences are identified using three patterns: classic, hidden and extended divergences. Indica

Trade Signals &  Session Bias in one tool. Detects Asia, London & NY session trends, shows bias strength, alerts bias flips, and plots entry/SL/TP levels with R:R. Simple dashboard for quick decisions. Simple but powerful trading assistant. This indicator automatically detects the market bias during the   Asia, London, and New York sessions . It helps traders stay on the right side of the trend, avoid neutral zones, and catch bias flips with alerts.   Bias Detection   – Shows session bias as

RSI Candle Signal Indicator will change bars’ color when set overbought or oversold levels reach. How to Use RSI Candle Signal Uptrend/Downtrends  - RSI may be used to detect trending markets. For example, the RSI may stay above the mid line 50 in an uptrend. Top and Buttoms  - RSI may help in identifying the tops around the overbought readings (usually above 70), and the bottoms around the oversold area (usually below 30). Divergence  - divergence occurs when RSI directional movement is not co

4H Open Line Indicator - Settings Overview This custom indicator is used to draw and visualize the opening price , midline , and high/low ranges of 4-hour candles on smaller timeframes. It's particularly useful for intraday traders who want to see higher-timeframe levels. Indicator Inputs and Descriptions Parameter Value Description OpenLineColor White Color of the line indicating the open price of the 4H candle. OpenLineWidth 1 Width of the open price line. OpenLineStyle Solid Line style

Here are several indicators that work together. It basically works with moving averages and various levels of ATR creating a dynamic channel through which the price is drained. As I always recommend, you should try it before using it in live so that you understand how it works. The market entry signal is similar to other MA indicators, but with this one you also have a graphical analysis of the moment when the trend is found and dynamic levels to adjust your stop loss and take profit depending

Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an adva

Draws Daily, Weekly and Monthly pivots and the respective supports and resistances levels (S1, S2, S3, R1, R2, R3). Ideal for placing stop losses and/or using as a break-out strategy. Features Unlike other pivot indicators in market you get very clean charts. Pivot levels are plotted irrespective of timeframe, on which you trade, i.e. M1, M5, M15, M30, H1,H4 or Daily timeframes. Pivot levels do not change when you change timeframe. Fully customizable options.    If you are looking at Fibonacci

Please refer to full version: https://www.mql5.com/en/market/product/140908 Key Zone Detector Key Level Supply & Demand Zone Detector   Overview A sophisticated supply and demand zone detection indicator that identifies and rates key price levels where significant market activity occurs. The indicator uses fractal analysis and multiple validation methods to detect and classify trading zones. Key Features Zone Detection Auto-detects support and resistance zones Uses dual fractal system (fast and

Perfected RSI (Relative Strength Index) HTF (Higher Time Frame) is perhaps the most advanced and reliable HTF indicator. Highly optimized in terms of execution, the indicator comes with standard settings of the RSI indicator which is supplied with the MT4 platform. Place the indicator on the chart, any timeframe.  You may select a higher time frame in indicator inputs. The same indicator can be used on a chart multiple times to draw RSI from multiple timeframes or for different RSI period values

This is yet another non-parametric ZigZag. Its every upward edge continues until next bar's high is formed below highest low of its bars, and every downward edge continues until next bar's low is formed above lowest high of its bars. In addition to zigzag itself (shown in orange color), the indicator shows signal marks on those bars where zigzag direction changes. The blue arrow up denotes that new bullish edge is started (but not yet completed), whereas the red arrow down denotes that new beari

FractZigER calculates reversal vertices on the chart and connects them by lines individually for High and Low and complements the chart with lines by bottoms for High and Low in a similar way. Only one parameter is used for setup (ReachBars - number of neighbouring bars for plotting a vertex), as well as one parameter for drawing into history (DRAWs - number of bars in history to be used in calculation). Use the indicator the same way you previously used ZigZags and indicators based on fractals,

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.

Our modernized version of the popular channel TMA_TRUE  indicator for MT4, which provides information on the main points of trend reversal and momentum exhaustion by drawing a channel on the chart, also draws arrows of signals for buy and sell. As a result, traders can identify bullish and bearish price reversal zones and BUY and SELL accordingly. This indicator works well on all instruments and on all Timeframes. This indicator is the basis of our Channel Trigger EA, which you can buy in MQL

Indicator ini berdasarkan Gain ADX - Follow Trend - Disertai Pivot, Support & Resistant Daily Dengan indicator ini semoga menjadikan indicator yang porofit able, selama mengikuti signal yang tampil, apabila berwarna Hijau siap2 untuk Buy, dan berwarna Merah siap2 untuk Sell. Akan tampil signal Sell/Buy di saat gain mencukupi, baik TF Kecil maupun TF Besar TF Besar / High TF adalah Trend Kuat TF Kecil / Low TF adalah Trend Lemah Open Posisi pada High TF, signal akan menunjukkan Sell/Buy.

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

The indicator is based on the Stochastic indicator. I also recommend to see my EA   Night Zen Strategy: It contains a strategy for crossing the K and D lines in the overbought (for sales) and oversold (for purchases) zones. The indicator gives a signal at the second intersection. The signals are not rewritten, they appear after confirming the intersection of the K and D lines. Settings: Stochastic Indicator Settings Indicator period Notification and Alert Settings

Standard RSI uses a fixed smoothing factor. Every bar gets the same weight whether the market is trending cleanly or chopping sideways. That is why most RSI signals fail during consolidation. Mystical RSI measures how chaotic price action is on every bar using the   Fractal Dimension Index   and dynamically adjusts its smoothing in real time. When the market trends, it reacts fast. When the market chops, it slows down and filters out noise. No manual adjustment needed. How It Works The indicator

New Release! Hello Everyone! I've just released Acronix, a new bot with live 2025 AND 2026 results. Find more about it here:  https://www.mql5.com/en/market/product/201513 . Introduction and Description The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The

The Corex Smart Bear Bull Indicator is a non-repainting trend re-entry tool for MetaTrader 4. It blends five moving averages into a single Fusion line, smooths it through a fast and slow sensitivity layer, paints a colored cloud for trend strength, and overlays a Williams %R triple-stack confidence engine that filters every signal through six independent sub-triggers (Divergence, Extreme Snap, Exhaustion, Continuation, Pullback, Triple). Each signal is scored 0-100 and gated by a counter-trend p

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

Advanced Trade Information Dashboard –  MT4 Everything I need to know about my account and open positions, right on the chart. I got tired of clicking between the terminal, the trade tab, and the calculator just to check my margin, pip value, or total profit in pips. So I built this dashboard to put it all in one place. What It Shows Total P&L – Real profit/loss from the positions I care about (filter by symbol, magic number, or include swap/commission). Margin Level – The one number that k

TREND SHOOTER   Without alerts It is a trend indicator based on moving averages that very efficiently calculates changes in market direction. This has the ability to anticipate changes of direction very early. FEATURES This indicator particularly draws two moving averages that are used only to show color changes. they can wear these moving stockings as they wish as they do not affect the color change behavior bullish blue color bearish red color where the line is interrupted it is not reco

Using multiple timeframes for analysis with Multi Timeframe Average Directional Index  can provide several significant benefits for traders: Comprehensive Market View: By applying Mtf ADX Standard across different timeframes, traders gain a broader perspective on market dynamics. This allows them to identify trends, patterns, and potential reversal points that might be more apparent or consistent across various scales. Enhanced Pattern Recognition: Multiple timeframes help in identifying repeati

Overview Inspired by Tradingview’s falconCoin, The Market Cipher indicator is a momentum oscillator used to detect overbought/oversold conditions and potential trend reversals. Traders can also use it to spot divergences between price action and momentum for early entry or exit signals. Configuration Guide Core Indicator Settings The indicator calculates momentum using a short-term and a longer-term average. Momentum is plotted as a wave oscillating between overbought and oversold thresholds. Ov

The classic idea of comparing the size of candles. Above / below - the average for a certain period. Usually used on D1, W1 and higher timeframes in candlestick analysis patterns. But you can also use the data from the indicator in your analysis system. The data is presented as a histogram in a separate window. The averaging method can be selected in the settings.

This indicator displays the historical spread values on the chart. This is an extremely useful tool for watching the spread rise and fall, allowing you to enter the market at just the right time. This indicator will help you stay out of the market when the spread begins to rise and help you get into the market as the spread begins to fall again. ON SALE FOR FREE, GET IT FREE FOR A LIMITED TIME ONLY

Rectangle Control простой индикатор который отображает на графике панель для рисования прямоугольников с различными настройками, будет удобен тем кто рисует на графике зоны поддержки, сопротивления. Прямоугольник можно нарисовать с заливкой или без, различной толщины и цвета. А также выбрать таймфрейм на котором нарисованный прямоугольник  будет отображаться. При нажатой кнопке алерт будет срабатывать оповещение (если прямоугольник находиться ниже цены на верхнем его краю, если прямоугольник нах

MATrend indicator makes the directional trend of the current market easily recognizable. Settings: MA Period : The amount of candles taken into consideration for the calculation of the moving average; MA Method : The method used for the calculation of the moving average. Selectable methods are:  Simple averaging; Exponential averaging; Smoothed averaging; Linear-weighed averaging; Usage: The color of the indcator will change based on the slope of the MA. Green : The indicator has a bullish sl

TradeFlow SR Analytics Pro   is a high-performance analytical tool designed to automate the identification of key Support and Resistance (S/R) levels combined with market flow dynamics. The indicator pinpoints zones where institutional liquidity is concentrated and visualizes them instantly on your chart. Key Features: Smart SR Zones:   Automatically plots significant price levels based on historical volatility and volume clusters. Flow Momentum Filter:   Built-in logic to distinguish between g

The Candle Countdown Timer for MetaTrader 4 (also available for MT5) is a vital indicator designed to help you manage your trading time effectively. It keeps you updated about market open and close times by displaying the remaining time before the current candle closes and a new one forms. This powerful tool enables you to make well-informed trading decisions. Key Features: Asia Range: Comes with an option to extend the range. Broker Time, New York, London Time: Displays the current broker time

IntradayMagic прогнозирует характер ATR и тиковых объёмов на 1 сутки вперёд. Индикатор не перерисовывается и не отстаёт. Используя Intraday Magic вы можете значительно повысить качество торговли и избежать излишних рисков. По его показаниям можно детектировать кризисные состояния рынка и моменты разворота тренда, уточнять моменты и направления входов. Это бесплатная ознакомительная версия ограничена символами (парами) включающими GBP. Никаких иных ограничений нет. Для других пар вы можете исполь

The **Point of Week Indicator** is a powerful MetaTrader 4 indicator that displays point values for multiple timeframes (W1, D1, H4, H1) directly on your chart. It calculates the position of the close price within the candle's range and displays it as a point value, along with the total range of the candle. ## Features - Displays point values for 4 timeframes: **Weekly (W1), Daily (D1), 4-Hour (H4), and Hourly (H1)** - Shows point value and total range in format: `"point_value/range_value

MACD Dashboard Panel   This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to MACD. Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called

UniversalFiboChannel is a universal indicator, it builds a trading channel according to Fibonacci levels. This indicator is a full-fledged channel trading strategy. The indicator is installed in the usual way and works with any trading tool. Options HelpBasisTF = "M: 43200; W: 10080; D1: 1440; H4: 240; H1: 60" is a hint for the BasisTF parameter BasisTF = 1440 - base period for calculating Fibonacci levels DisplayDecimals = 5 - the number of decimal places of the price of the trading instrumen

Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, softwar

The C ycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar. Input - length = 10 default We add these values together going back the the length setting. If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3 There are 2 ways to trade Close Strength Value: 1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows.  2. Trade when the

OrderCalc opens a window in the chart with the data of your orders: Position size, stop loss, take profit, profit/loss Only the positions for this symbol are displayed. If several positions exist, these are totalled and displayed in the last line. If you work with pyramids, you can see at a glance how big the total profit or loss is. The indicator is invisible at the beginning, only when a position is opened does a window open containing the data for the order. In some cases the content is e

Price Action Indicator gives you reverse or even continous trend signals depending on your timeframe and Strategy used. !!!This is not a holy grail indicator and it will not give 100% winning rate!!! As you can see, it is not giving a lot of signals because of the price movements in side way (flat) trend. You can use it on every major currency pairs and even on indices. Please be aware of using this indicator with other  strategies and indicators. Use MM and Risk Management properly. Sometimes

What does this do? It shows you on the chart which stop belongs to which entry.  Have you ever had multiple positions or trades open on a single pair and were confused which stop loss goes with what entry? Even worse, the stop loss orders for buy and sells are the same color on the chart. Well, your problem has been solved! This indicator will show you which stop belongs to which entry.  It will place a vertical line and an arrow on the chart for each open trade. A yellow line connects the entry

Fractal is one of the main indicators in a number of strategies. Volume Fractals has expanded the functionality of the standard indicator version. The product features fractals sorting and displaying fractals representing both price and volume extreme points. Application Stop losses Reversal signals Placing pending orders for a fractal breakout Options Bars of history - number of chart bars the indicator is displayed for Left side minimum bars - minimum number of bars to the left of the fracta

This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. If line is Midnight Blue, indicator detect up trend. If line is Dark Violet, indicator detect down trend. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can use this indicator with FollowLine to have more accurate signals. You can to get source code from here . Parameters BarsCount —How many bars used to show the line. MAperiods —Period of Movin

Slope Channel Indicator for MetaTrader Looking for a tool to analyze market trends suitable for any trading style?   Slope Channel   – your reliable assistant in identifying directional price movement and key market levels! What is Slope Channel? The Slope Channel is an innovative indicator that constructs a sloped channel on the chart, automatically calculating its parameters based on local extremes. This tool highlights the optimal channel option, allowing you to quickly adapt to changing

This indicator is designed for binary options. Based on proprietary divergence of the CCI indicator. A sell signal: A down arrow appears on the chart. A buy signal: An up arrow appears on the chart. Input parameters History - the number of bars in history for calculation Period CCI - period of the CCI technical indicator Up border - overbought limit for calculation of the divergence Down border - oversold limit for calculation of the divergence Price - price for the indicator calculation Alerts