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Free Technical Indicators for MetaTrader 4 - 22
This indicator shows the strength of each currency compared to the US dollar by calculating the rate of change in price over a specified time period. When you open the indicator, you'll see a list of different currencies on the price chart. Each currency will have a numerical value indicating its strength level compared to the US dollar, where: If the value is higher than the US dollar, it will be displayed in green, meaning that currency is stronger than the dollar. If the value is lower than
FREE
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features
Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting.
Parameters
Total - number of displayed ticks. clrSpread - indicator line color.
FREE
Fibonacci Alert MT4 is an advanced trading indicator designed to help traders identify key Fibonacci levels in real-time. By providing timely alerts when price approaches or breaks these critical levels, it empowers traders to make informed decisions and optimize their trading strategies. This indicator is beneficial for both novice and experienced traders, as it simplifies the complex task of tracking Fibonacci levels while offering essential notifications to prevent missed trading opportunitie
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ATR Volatility plots the ATR-based volatility, and triggers alerts when it crosses user-defined upper and lower thresholds (purple and tan lines, please see screenshots). Circles are painted when ATR volatility crosses either above the upper threshold, or below the lower threshold. This is a small tool custom-built by our group, by specific request of one of our customers. We hope you enjoy! Do you have an indicator you would like to see designed? Feel free to send us a message! Click here for m
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This indicator highlights the exact points on the chart where the built-in ZigZag indicator repainted its peaks or troughs. Grey-colored arrows are plotted to show where a previously confirmed high or low was later shifted — a behavior known as repainting . Why it’s important:
Repainting can mislead traders by altering historical signals, giving a false impression of past accuracy. This tool helps traders visually track and understand when and where ZigZag repaints , improving strategy evaluati
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The “ Ticks Overcome Signal ” indicator, as outlined in your provided code, is a custom tool designed for use with MetaTrader 4 (MT4), a popular platform for Forex trading. This indicator seems to focus on tracking the momentum and direction of price movements by counting consecutive up and down ticks. Here’s an overview of the psychological aspects, logic benefits, and usage instructions for this indicator on MT4: Decision Support : Traders often face psychological challenges in decision-making
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Simple ATR Stop Loss : Your market volatility compass that helps you navigate the treacherous waters of trading , setting smarter Stop Losses and making you look like a trading ninja (cape not included). Attention all trading aficionados and market mavens! Behold, the Simple ATR Stop Loss indicator – your new best friend in the wild world of trading. It's simpler than a two-piece puzzle but mightier than a caffeinated bull in a china shop. The ATR Trading Cheat Sheet (or
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Precision Trading with Advanced Market Analysis! Gain an edge in forex trading with a comprehensive analysis suite that helps you categorize volatility, estimate swing lengths, and make data-driven decisions based on historical market behavior. Key Features: Advanced Swing Detection
Customize sensitivity to price movements by defining minimum bars and price shifts required for a new swing.
Tailor it to your trading style for precise trend identification. Volatility Analysis
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What is Macro Kill Boxer? Macro Kill Boxer is a technical analysis indicator developed for the MetaTrader platform. It visualizes market movements during specific time intervals (e.g., Asia, London Open/Close, New York AM/PM) by drawing colored boxes on the chart. Each box represents the high and low price levels within the defined time period, often associated with macroeconomic events or high-volatility sessions. What Does It Do? Time-Based Analysis : Displays price movements as boxes for 58 c
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Super Channels indicator is a channel indicator created by calculating support and resistance levels. It calculates by taking the average of support and resistance levels. After determining the number of candles, it takes the levels of the number of candles and creates an autonomous channel according to these levels. If you want to calculate how many candles, you must enter the number in the parameter section. Also, there are two types of modes in the indicator. The first is to calculate based o
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LotSize Indicator Discover the appropriate lot size to use in your trades based on the available margin. This indicator provides valuable information for risk management. If the indicator shows a value of 0, it means that your balance or available margin is insufficient for trading. It is important to maintain adequate margin levels for safe trading practices. This indicator is exclusively designed for the MT4 platform, a popular and reliable trading platform in the market. With the LotSize Indi
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Product Title Smart Williams' %R (MT4) – part of the SmartView series Short Description A Williams' %R indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique an
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Product Title Smart Bears (MT4) – part of the SmartView series Short Description A Bears indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and distinctive
FREE
ICT Kill Zone Indicator - Smart Trading Session Visualization Tool Product Highlights: Precise, Beautiful, Intelligent Trading Session Identification Why You Need This Indicator? Dear Trader, have you ever missed perfect trading opportunities because you couldn't identify key market sessions? Have you struggled with timezone confusion when analyzing market rhythms? The ICT Kill Zone Indicator is the perfect solution to these challenges! Developed based on core ICT trading concepts, this
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Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO MACD is called Convergence and Divergence Moving Average, which is developed from the double e
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Trends are like the "Saint Graal of traders": it can give you an higher win rate, a better risk to reward ration, an easier position management and so on...
But it is really hard to determine the trend with accuracy, avoiding fase signals, and with the right timing, in order to take massive movements. That's why I created the Trend Validator: a new and EASY tool that will make identifying trend and build new strategy a really easier work.
ANATOMY OF THE SOFTWARE
The indicator is composed by 3
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The indicator My Big Bars can show bars (candles) of a higher timeframe. If you open an H1 (1 hour) chart, the indicator puts underneath a chart of H4, D1 and so on. The following higher timeframes can be applied: M3, M5, M10, M15, M30, H1, H3, H4, H6, H8, H12, D1, W1 and MN. The indicator chooses only those higher timeframes which are higher than the current timeframe and are multiple of it. If you open an M30 chart (30 minutes), the higher timeframes exclude M5, M15 and M30. There are 2 handy
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Automatically draws channel base on zigzag, with option to draw zigzag based on candle wicks or close prices. All zigzag parameters can be adjusted in settings, option to display or hide zigzag also available, every other adjustable settings are self explanatory by their name, or at least so I believe. Only download this indicator if you need a program to automatically plot channels for you based on zigzag of any specific settings.
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Индикатор уровней поддержки и сопротивления отлично показывает на графике все силовые уровни от всех таймфреймов. Рекомендую торговать уровни старших таймфреймов. Индикатор на текущем таймфрейме обновляться как только на графике появится новый сетап The indicator of support and resistance levels perfectly shows all power levels from all timeframes on the chart. I recommend trading higher timeframe levels. The indicator on the current timeframe is updated as soon as a new setup appears on the
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Configure scaffolding charts and signals based on the scissor pattern, which works great at low times.
Buy and sell signs based on 2 previous candle patterns
It works on the active time form, and when detecting the pattern in 4 time frames, 5 minutes, 15 minutes, 30 minutes and one hour, the alert can be set to notify us of the formation of this pattern.
MetaTrader version 5 click here
How to use:
When there is an opportunity to buy or sell, the marker places a scissors mark on the candlest
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Moving Average Rainbow Stack: Free: Single Currency & Single Timeframe MA Stack Very useful for finding current and higher timeframe trends. Best suited for long term trend based trading. Use fewer MAs for quick scalping. And not suitable during low volatility. Only use during high volatility and steady trending markets. Use this to enhance your existing Trend based strategies to find best trends.
Read detailed description https://abiroid.com/product/abiroid-ma-stack Available MTF and Scanner v
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AD Trend line draws trend lines on the basis of A/D indicator (Accumulation/Distribution). When A/D indicator breaks a trend line, the probability of the trend reversal is very high. This is a multitimeframe indicator which can display values from higher timeframes. Parameters Time-frame — Select a timeframe; zero is the current timeframe of the chart; Trend Line — Display lines on the chart; Apply to — Apply lines to close the candle's highest/lowest value; Width line — Width of the line; Style
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The indicator displays on a chart trading results. You can configure the color and font of displayed results, as well as filter trades based on the magic number. If multiple trades were closed within one bar of the current timeframe, the result is summed and output in one value.
Utility parameters Plot profit in - the format of output results: wither in deposit currency taking onto account commission and swap, or in points. Start from - start processing data at the specified time. Plot last dea
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Symbol Changer (Custom) Indicator
This is a simple yet intuitive indicator. And its free.
The indicator provide easy navigation across various symbols and across different time frames all in a chart.
The buttons are displayed on the main chart.
It is flexible and easy to use with fast response speed.
FEATURES
UniqueID : This identifies the pairs for each chart
Use Custom Pairs : If set to true, load all the available symbols in the Market Watch. No means it loads the pairs selected be
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The indicator draws two simple moving averages using High and Low prices. The MA_High line is displayed when the moving average is directed downwards. It can be used for setting a stop order for a sell position. The MA_Low line is displayed when the moving average is directed upwards. It can be used for setting a stop order for a buy position. The indicator is used in the TrailingStop Expert Advisor. Parameters Period - period of calculation of the moving average. Deviation - rate of convergence
FREE
MT5 version Overview
The Lowess Channel indicator is a smoothed trend-following tool designed to help traders identify the direction of the trend , detect flat or ranging markets , and spot breakouts from consolidation zones. It creates a central smoothed line with upper and lower channel boundaries, adapting to market noise while maintaining clarity. How It Works The indicator builds a channel around a smoothed price line. The central line reflects the current trend. The upper and lower bound
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Lord Auto Fibonnaci is a free indicator for Meta Trader, in order to show the most famous chart in the financial market known as "Fibonnaci".
As we can see in the images below, the fibonnaci table will automatically analyze the graph for you, with trend factors through percentage, almost infallible use, you can always work when the percentage is low or high, start shopping and sales on time, great for analyzing entries!
In the images below we can see an example in gold in H4, where we are at
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This classic "old school" MAGIC MACD indicator gives you the cross of the parameters you set. Standart setting is (12,26,9) . The arrows give you a possible change of trend. Be careful and do not use this indicator as a single signal source.
FREE version Please feel free to check out our other REX indicator series. We do have other free indicators.
"OLD BUT GOLD"
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В основе индикатора TDI лежат следующие индикаторы: RSI, Moving Average, Bollinger bands, но основным из них нужно выделить RSI, весь расчет индикатора завязан от его значений.
Зеленая линия (линия RSI) – сглаженные простой (по умолчанию) скользящей средней значения индикатора RSI, период сглаживания 2.
Красная линия (сигнальная линия) – сглаженные простой (по умолчанию) скользящей средней значения индикатора RSI, период сглаживания 7.
Синие линии – индикатор Bollinger bands по умолчанию пери
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This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to RSI.
The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength. The RSI is classified as a momentum oscillator, measuring the veloci
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An indicator based on non repainting ZigZag and some filters. This indicator is available free on market (also need to be specified in the parameters): https://www.mql5.com/ru/market/product/152748 It is a first version to test and adjust. Maybe get some feedback. There is only one parameter: MaxBars to limit history calculation. If value is zero than it uses all available bars. It works only on these timeframes: from M1 to H1. As soon as it doesn't repaint live behavior is the same as on back t
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Sometimes a trader needs to know when a candle will close and a new one appears to make the right decisions, this indicator calculates and displays the remaining of current candle time . It is simple to use, just drag it on the chart. Please use and express your opinion, expressing your opinions will promote the products. To see other free products, please visit my page.
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Trend is Friends is an line Indicator used as an assistant tool for your trading strategy. The indicator analyzes the standard deviation of bar close for a given period and generates a buy or sell trend if the deviation increases. It good to combo with Martingale EA to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic. You can use this Indicator with any EAs in my Products.
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Trend Teller is a powerful, intuitive dashboard tool designed to give you a bird’s-eye view of the market trend across all major currency pairs and timeframes — from M1 to MN1. Built by traders for traders, this tool eliminates the guesswork from market trend analysis and helps you stay aligned with the bigger picture. Most beginner traders have a challenge to identify the direction of the market something which pro trader fails at times. Therefore this tool works best for beginners and any tr
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BB-Sub – Bollinger Bands in Subwindow BB-Sub is a simple yet powerful indicator that displays Bollinger Bands independently in the subwindow of your chart. Unlike standard Bollinger Bands, which are shown on the main chart, BB-Sub operates in a separate subwindow. This prevents overlapping with candlesticks or other indicators, making it ideal for traders who want to focus purely on the movement and shape changes of the bands. Main Features Simultaneously displays the upper band, lower band, and
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TCM Breakeven Calculator Pro is the ultimate utility for professional traders. It automatically calculates the Weighted Average Entry Price for all your open positions on the current symbol. It draws a clear line on the chart and displays a smart dashboard panel showing exactly where you need the price to go to exit with $0.00 loss . Key Features: Zero Lag: Built with high-speed event handling. Updates instantly on every tick and trade modification. Smart Dashboard: Displays the exact A
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Before diving into the features of this indicator, please rate this product, leave a comment to share your experience, and subscribe to my page to stay updated on the latest releases and tools. Your support is valuable and helps me continuously improve my creations! Description: The TradingSessionVisualizer is a powerful MetaTrader 4 indicator designed to provide a clear and customizable visualization of major trading sessions on your charts. This tool allows you to easily distinguish between As
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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.
A. This pivot indicator shows the days Pivot Price. Yellow line is pivot point. Blue line is resistance and red line is support. B. It also shows Resistance R0.5, R1, R1.5, R2, R2.5, and R3 C.It also shows support S0.5, S1, S1.5, S2, S2.5, and S3 INPUT: Under input you will see 3 Variables 1.ExtFomula. Here you can set your preferred exit at a
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The VR Grid indicator is designed to create a graphical grid with user-defined settings. Unlike the standard grid , VR Grid is used to build circular levels . Depending on the user's choice, the step between the round levels can be arbitrary. In addition, unlike other indicators and utilities, VR Grid maintains the position of the grid even when the time period changes or the terminal is rebooted. You can find settings, set files, demo versions, instructions, problem solving, at [blog]
You can
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Product Title Smart MA (MT4) – part of the SmartView series Short Description A Moving Averages indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and disti
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Blahtech Moving Average indicator is a multitimeframe version of the standard Moving Average indicator. It is also enhanced with customisable alerts, period breaks and other configuration options. The 50 day and 200 day moving averages are widely followed by investors and traders, with breaks above and below the MA lines considered to be signals of interest. Links [ Install | Update | Training | All Products ]
Feature Highlights Up to three timeframes Configurable calculation variabl
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The Volume Weighted ATR indicator is a helpful tool for measuring market activity. It is based on the idea of the Volume-Weighted ATR. Combining these two elements helps identify potential turning points or breakout opportunities. The indicator for the classification of the activity of the market uses the moving average and its multiples. Accordingly, where the VWATR bar is located (relative to the moving average), it is labelled as ultra-low, low, average, high, very high or ultra high. Th
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Graphic Shapes -using history, it projects four types of graphical shapes at the moment, allowing you to determine the main ranges of price movement in the future, as well as gives an understanding of the main market reversals, while giving entry points by priority!The panel contains three types of figure sizes expressed by timeframes. They allow you to conduct a complete market analysis without using additional tools! The indicator is a powerful tool for forecasting price movements in the forex
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This indicator sets stop, start and target 1, 2 and 3 levels based on detected market swings on multiple timeframes. It was originally written by Mishanya and has been updated by Ramoletane to move with the price and automatically update the levels. A trade can be placed when price has crossed the white start line and stop loss placed on the red stop line. The lot size can be reduced at the green target 1 level, the yellow target 2 level and the position finally closed at target 3. Most of the t
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Economic Calendar Viewer
This economic events reader is adapted to load data from a csv file. You can prepare the csv file yourself according to this template, you can do it in notepad or csved. The file should normally be named Calendar-MM-DD-YYYY.csv. And contain lines with data column headers according to this example. In the Impact column, i.e. impact on the market depending on the importance of the event, the names accepted from the least important are: None, Low, Medium, High. In columns
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Two Advanced Moving Averages Are you looking for a indicator simple and effective? It will help you! Indicator use two MA to identify trends. User manual: If fast MA(red line) cross over slow MA (green line) and appear first signal buy arrow => you can long. If fast MA(red live) cross below slow MA (green line) and appear first signal sell arrow => you can short.
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Having to check constantly if your CCI has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert CCI indicator will assist in this task, ensuring that you get the most with little effort. When the CCI values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail account). The indicator d
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The StrikePin indicator is a technical, analytical tool designed to identify trend reversals and find optimal market entries. The StrikePin indicator is based on the pin bar pattern, which is the Price Action reversal pattern.
An entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario.
Be careful: the indicator is repainting since it is looking for highest high and lowest lows. You should avoid to use it in experts but you can use it in
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It is a very simple and useful micro indicator. Shows the current ask price, and the maximum relative ask price up to the current moment, on the chart, in the first N candles. It facilitates quick decision making by offering a visual reference. Likewise, when we position ourselves with the cursor over it, it shows us the maximum spread since the indicator is applied, until the current moment. It is perfect for scalping . By default, the parameter N has the value 4.
Especially recommended indi
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Investment Castle Chances — Clear Buy & Sell Signals
The Investment Castle Chances indicator marks buy and sell opportunities right on your chart, with two strengths of signal so you can weigh each setup at a glance.
What it does for you Two signal strengths: Buy / Sell on orange candles, and Strong Buy (green) / Strong Sell (red) for higher-conviction setups. On-chart and obvious: act when you see the signal — no scanning or second-guessing. Flexible: trade the signals directly, or use them t
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Gorilla Channel VZ is a channel indicator modified on the basis of long–term observations.
The signal trading indicator can be used both as an indicator displaying a trend channel and as one of the input signal sources, subject to additional filtering. With the right approach, at least 80% of successful transactions.
Main features of Gorilla Channel VZ: Analytical functions It can be used on any currency pairs and time frames; The indicator does not redraw; It is a great addition to other ind
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PLEASE TAKE NOTICE: This indicator is in current development. final version will be free.
This is a simple indicator that uses 3 timeframes in its formula to create Possible buy and sell signals. This indicator is optimized for the M1 timeframe Only. It has 2 types of Alerts: Push Notifications Audio Alerts UPDATES:
3/19/24: Still testing the final code
Troubleshooting: When loading the indicator, if you don't see the arrows on the current chart that means that MT4 has not loaded all the high
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The indicator displays price distribution on a horizontal histogram. Horizontal histogram help find out key levels of price so that you can make good decision on setting point of take profit, stop loss... You can improve exist trading strategy or get new trading idea with the histogram of price.
Outstanding features Support multiple time frame : you can choose to work with history data in any time frame you want. It does not depend on current display time frame.
Support weighting by volume and/
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Investment Castle Multi-Timeframe Moving Average — Trends & Pullbacks, One Chart
Unlock the market with the Investment Castle Multi-Timeframe Moving Average. Identify trends and pullbacks across several timeframes on one convenient chart — a must-have for any serious trader who wants the bigger picture without switching charts.
What it does for you Multi-timeframe on one chart: see the moving-average picture across timeframes at a glance. Spot trends and pullbacks: know the direction and where
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FTU Idioteque
The indicator is for MT4 platform, can be used alone but best combined with other indicators or strategies Combines various indicators such as macd, adx to draw an arrow for suggestion of entry or trend change
Watch a short intro video on youtube: https://youtu.be/lCRJ3mFNyOQ
Indicator Features: Sell and Buy arrows Visual and sound alert Trend continuation / Early trend change signal New features: Limit to amount of bars in history Change distance of arrow from bar
Usage : Thi
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Free for an unlimited period! 【Master Every Trend at a Glance】Multi-Timeframe Trend Matrix Pro v1.0 The golden rule of trading is "Don't fight the trend." However, switching between multiple timeframes is tedious and often leads to missed opportunities. MTM Pro solves this by providing a real-time matrix of trend conditions from M5 to D1 directly on your chart, using a powerful combination of Moving Averages (MA) and the Relative Strength Index (RSI). Key Features & Benefits Dual-Verification
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Leonardo Breakout SMC – Advanced Trading Indicator
Overview The Leonardo Breakout SMC is a masterpiece of precision and innovation, crafted for those who seek to understand and harness the unseen forces within the market. Just as Da Vinci observed the natural world with meticulous detail, this MetaTrader 4 (MT4) indicator reveals the hidden structures of price movement, enabling traders to capture the essence of smart money concepts (SMC) and execute flawless breakout strategies. Every eleme
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1. Architectural Overview Most retail channel indicators (such as traditional Triangular Moving Averages or Centered Moving Averages) suffer from "repainting"—a deceptive mechanism where past signals alter their historical placement as new data flows in. Aegis Horizon Channel Pro eliminates this vulnerability. Built upon a robust Exponential Moving Average (EMA) baseline and mapped using the volatility expansion framework of the Average True Range (ATR) , the boundaries establish perman
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RSI Color and Notification Setting Usages :: 1. Set value Oversold and Overbought 2. Set period RSI 3. Set Color 4. Notify to Alert, Email and Mobile.
For Trading :: Forex and Binary option 1. When the color alarm occurs in the OVB area, do the preparation. To enter a Sell order 2. When the color alarm occurs in the OVS area, do the preparation. To enter a Buy order 3. When RSI is between OVB and OVS, consider another indicator to trade.
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This indicator plots Heiken Ashi candles in a subwindow instead of the main chart, making it possible to analyse HA candles whilst keeping the main chart clean.
- optional bid/close line is provided, stylable, updates on tick - HA candles are stylable via the inputs tab - optional price smoothing to the HA candles, with moving average period and method options - auto-scaling when scrolling back and forth
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This indicator resolves an unrecognised defect in the Commodity Channel Index Oscillator (CCI). The CCI is based on a high pass filter calculated by subtracting the p-period simple moving average of a price signal (usually typical value) from the price signal itself. Then, the result is divided by the absolute mean deviation of the same period. The frequency response of a signal minus its simple moving average is shown in the first screen shot (in Blue). (see my free indicator : Q n D Frequency
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This is just a simple indicator that show Alert when the Current candle Close Below the Trendline. Previous candle do not affect the Alert.
The indicator is tied to the Trendline so if the Trendline is accidentally deleted, the Alert will not work. The indicator will draw another Trendline if the current Trendline is deleted.
Removing the indicator will removed the Trendline.
There are 4 type of Alert to set: Popup Alert, Signal Alert, Push Notification, Comment.
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"Five Minute Drives" indicator that is designed to be used in the 5 minute timeframe. One of its most important advantages is that it shows the general trend in the upper time frames when looking at the 5-minute timeframe. Therefore, when opening positions in the 5 minute timeframe, when it is in line with the trends in the upper timeframes, you are less likely to be upside down. If you can evaluate breakout/breakdown opportunities between the curves on the graphic screen with your geometric per
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SR is a support and resistance indicator, it shows major highs and lows by different colors. The color of a level is changing if the last high or low are touching it. After the closing of a bar above or below level, it will delete it. extern inputs: loop for candles / colors / drawing time *This indicator signal is not perfect and have to be used with other market analysis and confirmations.
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PRO version is available here: https://www.mql5.com/en/market/product/12648 FFx Universal Strength Meter is more than a basic strength meter. Instead of limiting the calculation to price, it can be based on any of the 19 integrated strength modes + 9 timeframes. With the FFx USM, you are able to define any period for any timeframe. For example, you can set the dashboard for the last 10 candles for M15… Full flexibility! Very easy to interpret... It gives a great idea about which currency is weak
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Introduction The ST Cross indicator is based on the traditional Moving Average (MA) Cross which uses a fast and slow moving average. Entry signals to buy and sell are given when both moving averages cross. However with the basic strategy there are a lot of false signals. In order to filter the trades we use the 200 (MA) to identify the overall direction of the trend. Input Settings Master Trend Period - 200 Period moving average used to get the trend direction. Fast
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Fractal Divergence Channel is based on the fractal divergence patterns , representing them in the form of a channel with the borders changing the moment the next pattern appears. The upper border of the channel corresponds to the upper part of the last found bearish fractal divergence pattern. The lower border of the channel is the lower part of the last found bullish pattern (see screenshot 1). Compared to the FractalDivergence_Patterns indicator, the channel version has the same parameters wit
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The implementation of the impulse system described by Dr. Alexander Elder. The indicator colors the bars according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - blue bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy.
Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the fast moving a
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The indicator displays information about:
the name of the currency pair and timeframe. current price bid. time before the close of the candle. the current difference between the ask and bid (spread). Trading volume stats can also be displayed.
Displayed data
Name, account number, and account currency. A deposit in the account currency. Balance at the current time and a percentage of the balance. Current profit and its percentage. Current transaction and the percentage of the total deposit. Pr
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What is the ADX_DI Indicator? ADX_DI is an advanced technical analysis indicator developed for MetaTrader platform. It combines Average Directional Index and Directional Indicator components to analyze market trend strength and direction. What Does It Do? Measures Trend Strength : ADX line shows the strength of market trends Determines Direction : DI+ (green) and DI- (red) lines identify trend direction Detects Trend Changes : DI+ and DI- crossovers provide trend reversal signals Automatic Alert
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The MetaTrader Market is the only store where you can download a free demo trading robot for testing and optimization using historical data.
Read the application overview and reviews from other customers, download it right to your terminal and test a trading robot before you buy. Only on the MetaTrader Market you can test an application absolutely free of charge.
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