Free Technical Indicators for MetaTrader 4 - 26

Dynamic MA Trend Zone – Dynamic Moving Average Trend Zone The Dynamic MA Trend Zone is a visually compelling indicator that dynamically tracks changes in market trends. By displaying moving averages on three different price levels (close, high, and low), it creates a color-coded trend zone that clearly indicates the trend’s direction and strength. Features and Functions: - Trend Direction Color Coding: The indicator automatically color-codes the trend zones based on whether the candle’s clos

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

ATR Channels_PRT indicator can be used to identify trend and support and resistance levels.The price chart of a currency pair displays three price channels that are plotted using moving averages and the ATR value. Indicator settings allow you to assign a specific coefficient to each price channel, which makes it possible to narrow or expand each channel separately. The ATR Channels_PRT indicator is a multicurrency instrument, so the choice of a timeframe depends solely on the trader’s preferenc

This indicator is like a special kind of thermometer that measures the strength of the current currency pair you're looking at. Instead of showing temperature, it shows whether the pair is gaining strength or losing strength at any given moment, presented as an easy-to-read histogram (those vertical bars) in a separate window below your main chart. Here's how it works in simple terms: The indicator uses two different speed settings to analyze the price - one "fast" setting (which reacts quickl

This creative simple indicator will provide a precise framework for market sentiment within technical analysis of different timeframes. For instance, for traders like me that uses   "Mark Fisher"   strategy regularly, this is a perfect indicator for having an insight to markets from short term to long term point of view, using Break points of candles' lows and highs and perfect to combine with   "Price Action" . For more options and modifications you can also edit the low timeframe candles withi

Description: Expand the width of your candles horizontally in MT4 to improve visibility when zooming in or out of the chart. Once attached to the chart, the indicator will automatically double the size of the candles compared to their normal value. Main indicator inputs: Body: size of the candle body Wick: size of the candle wick Additionally, you have the option to change the color of the candle body. We hope you find this free and useful indicator enjoyable!

Integra múltiples temporalidades, permitiendo visualizar la alineación entre ellas mediante líneas independientes. Incluye opción de visualización del RSIOMA en modo línea o histograma , facilitando la adaptación al estilo de análisis del usuario. Cuenta con botones interactivos en pantalla que permiten mostrar u ocultar cada línea MTF de forma individual. Diseñado para traders que buscan identificar zonas de agotamiento, continuaciones y posibles puntos de entrada mediante la sincronización de

The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods between

VR Ticks is a special indicator for scalping-based strategies. Thanks to this indicator, the trader can see the tick chart directly on the main chart of the financial instrument. A tick chart allows you to enter a position into the market or close a position in the market as accurately as possible. VR Ticks plots tick data in the form of lines that change color depending on the direction - this allows you to visually understand and assess the situation on ticks. The advantage of tick charts is t

The TMA Centered Bands indicator for MT4 draws bands on the chart and reports the overall price trend, as well as gives arrows signals to buy and sell when the bar closes outside the channel. Unlike many TMAs, our version uses the calculation part of the algorithm without redrawing, and also adds the ability to select a symbol. The bands are made up of moving averages, and each of them has an MA period. The name TMA comes from triangular moving averages, as the indicator draws triangular bands

Investment Castle Engulfing — Never Miss an Engulfing Candle Whether you scalp or trade the daily, bullish and bearish engulfing candles are some of the most reliable signals — but spotting them across timeframes is tedious and easy to miss. This indicator finds them for you, including an engulfing candle forming on a higher timeframe while you trade a lower one. What it does for you Automatic engulfing detection: bullish and bearish engulfing candles are flagged for you. Multi-timeframe aware

TrendFinder VolumeI are Colored candlesticks showing the trend based on Volume and Slope of Trend This indicator will give you the color change on the next bar on the confirmation candle and will never repaint Lime Green = Possible Buy (Volume up),  Teal Green = Bullish Weak (Volume Decreasing), Red = Possible Sell (Volume up) , Orange = Bearish Weak (Volume Decreasing) TrendFinder Volume is optimize to trade on any market and to be used trending and None trending markets. For best results use

FusionAlert StochRSI Master is an indicator available for MT4/MT5 platforms, it is a combination of RSI & Stochastic indicator which provide "alerts" when the market is inside "overbought and oversold" regions combined for both indicators, results in more precise and accurate signals to be used as a wonderful tool, in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Jo

FZR indicator determines fractal zigzag reversal pattern of all the time frames of the chosen symbol and shows the information in the Info label. Indicator draws the detected pattern in the chosen time frame and also you can select in the menu to draw the trend line according to FZR peaks. What it is FZR? See the first picture in the screenshots. As you can see for every peak of FZR the AO indicator must cross zero line. FZR indicator determines the trend direction. How to use FZR for trading?

Enhance your trading and add more excitement with the new version of the RSI Scanner!  Automatic Instrument Grouping: The scanner automatically collects all instruments from your Market Watch and organizes them into four categories: Majors, Minors, Exotics, and Others. Customizable Signal Selection: On the settings page, you can choose which instruments you want to scan for signals. Flexible Timeframe Selection: You can also specify the timeframes you wish to monitor for signals. RSI Parameter

The MACD_stopper_x2 indicator shows where the trend has a tendency to stop or reverse. It uses the standard MACD indicator and a proprietary formula for processing data obtained from MACD. There are 2 types of stop/reversal signals: Small cross - probability of a trend stop/reversal is 70-80%; Large cross - probability of a trend stop/reversal is 80-80%; If there are open trades (for example, BUY) on the symbol the indicator is attached to, and the BUY trend ends, the indicator sends push notifi

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

Trendfinder MA Pro are based on Colored candlesticks showing the trend based on two Moving Averages as Signal and two Moving Averages as a Buy and Sell Zone, the slope of the slow Signal moving average and ATR and Volume increasing. This indicator will give you the color change on the next bar on the confirmation candle and will provide alert on Buy and sell signal, when it enters the buy and sell zone and when the market test the buy or sell zones as support or resistance and will never repain

The Zig-Zag based levels indicator is a highly accurate tool for Forex trading that will help you improve your strategy and make more precise decisions. It uses the Zig-Zag algorithm to identify various support and resistance levels on the market, based on which you can determine when it is best to enter or exit a trade. This indicator has high performance and accuracy in calculating levels, which allows traders to gain maximum profits with minimal risks. Thanks to its intuitive interface, you

The Follow The Labels Indicator is a multi-functional MT4 indicator designed to give traders a comprehensive visual overview of market conditions across multiple dimensions. It combines trend analysis, previous day levels, stochastic momentum, and rejection signals in one easy-to-read interface. Key Features: Multi-Timeframe MA200 Trend Filter (H1→M15) Displays the alignment of the MA200 (LWMA) across three timeframes: H1, M30, M15. Shows an overall trend label: Bullish, Bearish, or Mixed. Optio

The Red Dragons Support and Resistance Levels indicator automatically determines support and resistance levels using the proprietary algorithm based on historical and current data, so the levels are dynamic, which allows you to adjust trading targets based on the current price movement. For this reason, we use this indicator in our advisors, for example, Red Dragons, which you can purchase here: https://www.mql5.com/en/market/product/128713?source=Site +Market+MT4+New+Rating006 The panel also

Technical Analysis 4 in 1 give you Pivot points, Resistances, Supports, Fibo, OHCL all together with any timeframe and you can back as you want in candles Pivot points have been a trading strategy for a long time. Using this method, you can understand where the market is going in a day through a few simple calculations. you can switch on/off any line you want. please check the pictures to understand more about this indicator.

A fractal divergence is a hidden divergence , based on Bill Williams' fractals. A bullish fractal divergence is a combination of two lower fractals, the last of which is located below the previous one, and, at the same time, two candles to the right of the Low of the last fractal have Lows higher than the previous fractal level (see screenshot 1). A bearish fractal divergence is a combination of two adjacent upper fractals, the last of which is located above the previous one, but, at the same ti

The Colored MACD indicator is a versatile and powerful tool designed to enhance your technical analysis by providing an intuitive visualization of market momentum and trend changes. Built on the foundation of the popular Moving Average Convergence Divergence (MACD) indicator, this version introduces color-coded histograms to easily distinguish between bullish and bearish momentum. Key Features: Color-Coded Visualization : The indicator features a lime-colored histogram when the MACD is above the

The indicator calculates the angle between the Highs, Lows and Closes of neighboring bars. The angle can be measured in degrees or radians. A linear chart or a histogram is drawn in a subwindow. You can set the scale for the calculation — floating or fixed. For use in the EA, you need to specify a fixed scale. Parameters Angular measure — degrees or radians. Scale mode for calculation — scaling mode. Free scale — free transformation, the indicator will calculate values each time the chart scale

Investment Castle Channels — Trade With the Flow Price always flows within rising and falling channels. This non-repainting indicator projects those channels for you on any timeframe, giving you a clear path for placing buy and sell trades — the levels experienced traders draw by hand, mapped for you automatically. What it does for you Non-repainting channels: rising and falling channels projected from real price structure. Multi-timeframe: see the channels that matter on any timeframe, or acr

This indicator helps you to scan all symbols which are in the Market Watch window and filter out a trend with alerts. It works on five most effective indicators which are used by most of traders for trading: Moving Average Average Directional Moment (ADX) Relative Strength Index (RSI) Parabolic SAR MACD It calculates two bars for scanning. When box colour changes to coral or royal blue colour, it indicates you for trend change for long and short entry. And also you will get alert on screen. When

Momentum 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 Momentum? The Momentum indicator measures the speed of price change by comparing the current price to the price a specified number of periods ago. It is one of the simplest and most fundamental momentum oscillators, expressed as an a

Trade with reliable buy & sell arrows! Download now  and see how it works !  High-Performance Signals Suitable for trend-following or trend trading Never repaints, recalculates, or backpaints signals This is   FREE / DEMO /   version and  works only on EURUSD M15, M5“  (demo version; no suffix/prefix brokers). Test it   FREE  now - see real results! TREND REVERTING PRO  full version here :  Get accurate arrows on every setup! Trade safely - full version works on all symbols & timefra

Smart Trend Line Alert Demo is a unique professional Trend Line, Support Line and Resistance Line Touch and Break out Alert with awesome Alert History feature, designed to help traders easily manage many charts and symbols without staring at the monitor. Note: This a Demo version operating only on USDCHF . Full version link: https://www.mql5.com/en/market/product/3085 Features Candle Break Out Alert, Price Touch Alert and Time Line Alert; 1 click for converting any drawn line into an alert line

In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated

The indicator is based on identifying engulfing candlestick patterns within the current timeframe. When such patterns are found, it generates buy and sell signals represented by up and down arrows, respectively. However, the user is responsible for determining the prevailing trend. Once the trend is identified, they should trade in line with the corresponding signal that aligns with the trend direction.

Индикатор показывает максимальное отклонение от скользящей средней за заданный период. Границы канала могут послужить своего рода зонами перекупленности/перепроданности, от которых может произойти откат цены к центру канала. За этими уровнями и стоит искать дополнительные сигналы для входа в сделку.  В настройках индикатора всего 2 параметра -  период, за который будет расчитываться индикатор и метод усреднения скользящей средней.

This indicator plots a moving average in 2 colors:  Green if the slope is bullish Red if the slope is bearish NB: if the last value of the moving average is equal to the previous one, the color will be red. You can obviously edit the Period of the moving average, the width, the MA mode (Simple, Exponential, Smoothed and Linear Weighted) and the MA price (Close, Open, High, Low, Median Price, Typical Price, Weighted Close).

The UzFx-Local Currency Converter-MT4 is a powerful and easy-to-use indicator designed for traders who want to track their floating and daily profit & loss (P&L) in both USD and their local currency. This tool provides real-time conversion using a user-defined exchange rate, helping traders visualize their trading performance more effectively. If you are Looking Best indicators in Mql5 Market. Check these out! SSS Scalping Smart Signals MT5 Indicator Scalping Winning Signals Pro SWS LTL Long

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema

This is a multitimeframe RSI indicator defining trends, oversold/overbought zones, as well as all intersections of signal lines from different timeframes on a single chart using arrows and audio alerts. When working with standard RSI, we often need to examine data from all necessary timeframes simultaneously. RSI 7TF solves this issue. If you are only interested in audio signals when signal lines are crossed, then have a look at RSI Alerts . Attention! The indicator uses seven timeframes - M5, M

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

YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD The popular saying in forex  "The Trend is your friend"   has always stood the test of time because it is valid statement for every generation of traders and in every market. Most successful traders do not fight against the trend but lend to flow with it.  Sometimes finding the best pair to trade can be a daunting task even when you have a good strategy . Some

Our AI-Powered "Verve Ai Auto Fib" Indicator dynamically identifies market trends and price channels , then automatically plots Fibonacci levels based on real-time price action. This means no manual adjustments – just precise Fibonacci retracements and extensions tailored to market conditions! Key Features & Benefits: Automatic Channel Detection – AI-driven algorithm identifies key market structures. Real-Time Fibonacci Levels – No need to manually draw or adjust Fib lines. Works in All Market C

The indicator displays two Moving Average lines on the chart with parameters specified in the settings. It issues a signal in the form of arrows and a sound at the intersection of these   Moving Average. In the indicator settings, you can set the period of fast       Moving Average (   Fast MA Period   ) and slow       Moving Average (   Slow MA Period   ). And also   Shift, Applied Price, Method   and   Timeframe   for two Moving   Averages   separately. Important: The main difference from othe

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

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

The Multi-Timeframe ATR is an enhanced version of the standard ATR indicator for MetaTrader 4 that allows traders to view volatility from any timeframe directly on their current chart. Unlike the default ATR, which only plots data from the active chart timeframe, this version lets you select a higher or lower timeframe (for example, display the Daily ATR while analysing a 15-minute chart ). How It Works The indicator retrieves ATR values from the timeframe you specify — such as H1, H4, or D1 —

The indicator informs when the current bar closes and a new bar opens. TIME is an important element of trading systems. BarTimerPro indicator helps you CONTROL THE TIME . Easy to use: place on the chart and set “alarms” if it necessary. In the tester, the indicator does not work. See the Lite version BarTimerPro-Lite Key Features 4 operating modes: Shows the time elapsed since the opening of the current bar (11) Shows the time remaining until the current bar closes (11) Indicator Updates Every

This indicator is based on Bulls and Bears oscillators, both exposed on Dr. Alexander Elder's book: "Come into my trading room". "Elder Ray" was made with the purpose of identify bulls and bears pressure in the markets. The indicator is basically the union of this two mentioned oscillators but on an efficient way to facilite getting price patterns, divergences, etc. Default parameter is EMA 13. 

Traditional RSI is one of the most popular and must-known indicator that every traders would use. In this combination, we use two RSI period with smoothed factor to smooth the RSI lines for better results. Besides, bottom of Indicator is the Trend-filter display in different colors in order to let Traders identify the trends much easier Grey   : Sideway market Light-Blue   : Weak UP-Trend Blue   :   Strong UP-Trend Light-Red   :   Weak DOWN-Trend Red   :   Strong DOWN-Trend Signal: Blue-Arrow  

A signal indicator consisting of several well-known indicators that process data sequentially. 2 options - for schedule and basement. In the settings it is possible to enable alerts about the change of trend (alerts) sound, by e-mail and push. It is possible to change the colors and thickness of the lines, the colors and codes of the arrows, the number of calculation bars and separately configure the parameters included in the indicators.

Use this indicator to draw multiple horizontal line to nearest round number Range for round number can be adjust manually depend how user want to use it Selection of colour also can be adjust manually Hope this indicator can help somebody in their trading. How to use this: Mostly I use this indicator for break, retest and entry. example:- current price XAUUSD :1740.00 which mean the closest level are 1750.00 and 1730.00 Wait for price to break this level. then wait for retracement if price maki

Uncomplicated straightforward indicator that shows the maximum account drawdown since the indicator was added to the chart. The indicator does not take transaction history into account since it is impossible to calculate drawdown from historical entries en closures of trades. The indicator will be free in this basic form. Eventually it will be developed but the focus is to keep it plain and simple.

Indicator automatically draw bullish and bearish engulfing without any rules. Bearish and Bullish engulf is well known area for supply and demand area marking. This indicator can be used in any strategy that required supply demand zone. Show Last Engulf : Enable this option to show unfresh engulfing  Candle to calculate : set 0 will load all history bar and can use up more memory Bearish Engulfing Colour : Pick any colour that suit Bearish Engulfing Colour  : Pick any colour that suit -Use this

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema

Introducing the Super Pivot and Fibo Indicator: Your Ultimate Trading Companion Are you ready to take your trading to the next level? The Super Pivot and Fibo Indicator is here to revolutionize your trading strategy. This powerful tool combines key elements such as pivot points, Fibonacci retracement and extension levels, high-low values, and Camarilla points to provide you with a comprehensive and accurate analysis of the market. Key Features: Pivot Points: Our indicator calculates daily, weekl

Daily Percentage and Current Candle Would you like to know how much an asset has risen or fallen in a day or in the last candle? Do you want a numerical reference for the strength and direction of price movement? Then, the Daily Percentage and Current Candle indicator is the tool you need. The Daily Percentage and Current Candle indicator shows you the percentage increase or decrease of an asset in the current day or in the last candle, depending on the timeframe you choose. The indicator allows

Summary This indicator is based on the MA applied to the Momentum indicator. It draws arrows at the confirmed crosses of the MA over the Momentum line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. Inputs Al

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

RQL_BOX Indicator — English Description (How to Use) What it does RQL_BOX   is a   manual range box tool   controlled by two draggable vertical lines: LEFT handle (v-line):   selects a candle on a chosen timeframe and sets the box   High/Low to that candle’s wicks . RIGHT handle (v-line):   defines   how far to extend   the box to the right (projection end). It then draws: the main box (range), optional   top/bottom 20% zones , an optional   50% midpoint line , and an on-chart   info panel   wit

L'indicatore   Trend Reversal   è uno strumento tecnico progettato per identificare potenziali inversioni di trend sul mercato, basandosi sulla formazione di   Pin Bar . È particolarmente efficace su time frame come   H1 (orario) , dove i pattern di inversione tendono a essere più affidabili. L'indicatore segnala le inversioni di trend disegnando un   pallino rosso   per indicare un potenziale trend ribassista e un   pallino verde   per un potenziale trend rialzista. Come Funziona l'Indicatore L

If you like this project, leave a 5 star review.                                                  As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. This oscillator will show you the percentage variation for the: Day. Week. Month. Quarter. Year. In a subwindow wh

Trend indicator. The indicator identifies the major price movement trends and market them with different colors. It filters out and ignores the noise and short-term movements of the price against the main trend. This indicator is a tool that identifies the current trend in the market. With the default settings, the ascending ("bullish") trends are marked with green lines and the descending ("bearish") trends are marked with red lines. The indicator ignored sideways or flat movements, when the pr

Introducing the Gold Gram Price Calculator Indicator Are you interested in keeping a close eye on the price of gold in your local currency? Look no further than the Gold Gram Price Calculator Indicator, an innovative tool that empowers you with the ability to calculate the real-time price of gold per gram in your preferred local currency. With this indicator, you can harness the power of financial insights to make informed decisions. Key Features: Localized Gold Price: The Gold Gram Price Calcul

Overview of the Aroon Classic Indicator The Aroon Classic indicator is a technical tool that quantitatively identifies the emergence and persistence of trends on a chart. It uses two lines—“Aroon Up” and “Aroon Down”—to display trend strength and turning points within a range of 0–100. A higher Aroon Up value indicates a stronger uptrend, while a higher Aroon Down value indicates a stronger downtrend. Key Features Visually distinguishes trend initiation and reversal Customizable calculation peri

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

This simple indicator takes information from Ichimoku Kinko Hyo to establish strong and weak currencies to pair together for ideal trending situations. It also generates buy or sell signals based on the standard deviation of returns together with currency strength. A currency is said to be strong or weak depending on where the price is in relation to two factors: if the price is above the daily kumo and above the 26 day Kijun-sen, it is said to be strong. Likewise, when trading below the daily k

Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. The Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available here .

The "MACD Trend Follower" is an indicator based on the MACD oscillator. It serves to spot the trend direction by giving it a fixed color until the trend changes (the trend direction colors are customizable). The default MACD settings for the indicator has been changed to adapt to the fast moving Forex market, but they can be changed to suit the trader. Recommended settings for the indicator : - MACD Fast EMA : 8 Periods. - MACD Slow EMA : 13 Periods. - MACD SMA : 5 Periods. Indicator inputs :

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

This indicator determines minimum volumes needed during a candle formed so that it would be higher than current volume's average. Although you can place MAs on your volume indicator, this indicator has non-repaint characteristic so you may not to worry about sudden volume increase. This indiator also draw volume indicator for its own. Input Description: period: Period used for indicator. Must be higher than 1. Output Description: VolumeXover: This indicator's main feature. During the time the vo

The indicator plots a   two-colored   Moving Average (MA): Blue color — the   previous   bar’s   open   and   close   prices are   above   the MA line. Red color — the   previous   bar’s   open   and   close   prices are   below   the MA line. Customizable settings: MA type (Simple, Exponential, Smoothed, Linear); MA period; Alert when the MA color changes. bar cross Moving  cross  candle cross Moving  cross bar cross MA cross candle cross MA cross bar cross Moving Average cross candle cross Mov

Th3Eng Panda trend  is a powerful indicator that works perfectly for scalping trades as well as swing trades.   Th3Eng Panda trend  is not just an indicator, but a very good trend filter. You can setup it on H4/H1 to Find the main trend and start scalping on M5/m15/m30 Time Frames. Works with all pairs and all Time Frames. Inputs: Section #1 History : Maximum number or bars to draw the last signals. (Default 5000) Draw Candles : Draw red candle when sell signal and green when buy signal. (true