Free Technical Indicators for MetaTrader 4 - 29

LOOK AT THE FOLLOWING STRATEGY WITH THIS INDICATOR. Triple RSI is a tool that uses the classic Relative Strength Indicator, but in several timeframes to find market reversals.    1.  ️ Idea behind the indicator and its strategy: In Trading, be it Forex or any other asset, the ideal is to keep it simple, the simpler the better . The triple RSI strategy is one of the simple strategies that seek market returns. In our experience, where there is more money to always be won, is in the marke

Investment Castle Volatility Index — Read the Market's Energy The Investment Castle Volatility Index shows you the current symbol's volume and market volatility in one clean reading. It is the same volatility engine the Investment Castle EA uses to set dynamic distances and time its opposite entries. What it does for you Volume & volatility at a glance: see how active and how volatile the current market really is. Powers dynamic distances: the same index the Investment Castle EA uses for adapt

The indicator reads the current spread and displays it on the chart. The maximum value, the minimum value, the value at the time of opening the bar and the maximum value divided by 10 are displayed separately.  The indicator does not remember these values so the data will be lost if there is a change in the timeframe. The indicator is useful for analyzing market volatility, comparing the spread between brokers and different types of accounts. By default: Red line - maximum spread; Green bar -

It is the simplest indicator in existence. It has only one function: report the seconds elapsed since the last minute end in a very convenient way, with a label that can be moved in the chart, so that the trader does not have to take his eye off the forming candle. It is used on M1, but also on larger intervals, for those interested in opening/closing positions at the best time. Sometimes an intense movement in the last 10" of the minute gives indications of future trend, and can be used for sc

HJZHI88888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888

LT Triple Support Resistance Screen Method is a kind of levels indicator that consist of three SR lines. It is built by MQL4 programming language and can be used to MT4 platform.  A free version indicator to determine the support and resistance levels easily This indicator works based on the screen method to calculate the most appropriate value for each buffer. A complex algorithm based on long research is applied to this free custom indicator. But this indicator has limited features and simpler

I was looking for a lean symbol changer. I could not find any. Normally other products hide lot's of screen space. So I developed a very lean symbol changer Just click on the 2 currencies you want to combine. The order does not matter. If you miss some pairs, you can add up to 5 custom symbols. Please make sure, your broker support your custom symbols. Drag an drop the panel with the green button. In future I plan to include suffix and prefix als well.

STRUCTURAL TREND LINES - MT4 Indicator Simple indicator that automatically draws trend lines based on market structure. Features: - 3 degrees of structure detection (short, medium, long term) - Configurable swing strength for each degree - Single color per degree for clean visualization - Adjustable number of lines per degree - Customizable colors and line widths How it works: The indicator identifies swing highs and lows based on the strength parameter, then connects these points to create t

Displays current spread in the main window of the chart. Indicator Setting: BigDisplay =true or false to switch on and off. DisplaySize = 20 is default DisplayColor = Blue Display_y = 550 position: staring position Y of background panel Display_x = 1200 position: staring position X of background panel Author: Happy Forex (Expert Advisor - your algorithm-driven profit, without stress or work)

GTAS Power is a momentum indicator that helps to determine deep trends using combination of moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator is represented as a green or red histogram around a 0 equilibrium line. How to use When GTAS Power is green, deep trend is bullish. When it is red, deep trend is bearish. This indicator can be use as a filter in addition to other GTAS indica

Description The base of this indicator is an ZigZag algorithm based on ATR and Fibo retracement. This indicator is not redrawing in sense that the ZigZag's last shoulder is formed right after the appropriate conditions occur on the market. The shoulder doesn't change its direction afterwards (can only continue). Note:  An indicator with advanced possibilities is also available. Indicator input parameters The input parameters allow to change the sensitivity of the ZigZag. ATR period ATR multip

EMA Separation Coefficient reflects the separation between short-term and long-term exponential moving average trend resistance, as well as the direction of the current movement. Pay attention to potential crossover points when the coefficient approaches zero, this may indicate an upcoming breakout or reversal. Wait for confirmation of the trend before entering the trade, and exit when the coefficient forms a max (for calls) or a min (for puts). This is a small tool to help visualize the differe

Unlike classic indicators that analyze a specific currency pair, this tool analyzes and compares the individual strength of each base currency against all other major currencies in the market. How the algorithm works: The indicator calculates the strength of 8 major currencies (USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY) by analyzing 28 currency pairs. Instead of using a standard price delta, it calculates the quote increment for each bar and multiplies it by the tick volume. The strength is then s

Indicator RS 24 Titanium is a multi-currency and multi-timeframe signal indicator created by the author's algorithm. Designed to quickly assess the trend (the mood of market participants) on all timeframes simultaneously, for a specific financial instrument. RS 24 Titanium scans readings from all timeframes for one financial asset and displays data in the form of a visual table. The indicator can be used with any broker (with 4/5-digit quotes). The received trading signals can and should be used

Overview The Sextet is an MT4 trend-alignment indicator based on a sequence of six moving-average levels. Each level is calculated from the previous one, creating a layered view of trend structure. The indicator marks conditions where the moving-average levels align in order, which can help traders observe trend direction and trend organization more clearly. Key Features Displays six moving-average levels. Uses a layered moving-average sequence. Helps visualize trend alignment and directional st

This semaphore indicator is based in the standard RSI, which is applied over the Envelopes indicator that shows an envelope or envelope fluctuation borders. This is a version of RSI vs Envelopes drawn in the symbol window . A sell signal emerges when the upper envelope/border is broken by the RSI indicator from top to bottom. A buy signal emerges when the lower envelope/border is broken by the RSI indicator from bottom upwards. The indicator can draw arrows on the indicator, draw vertical lines

Are you tired of having many open charts and watching many different currency pairs? M‌CTSI will monitor the strengths of 56 currency pairs and show you the best pairs to trade, no more guessing which currency is stronger/weaker, no more trading a pair that is not moving positively. This is the BASIC version. MCTSIP is the more advanced version and can be found here: https://www.mql5.com/en/market/product/20994 You may have many charts open trying to determine the best currency pair to trade on

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

The Sessions Partition Indicator draws clear, accurate session separators for the Sydney, Tokyo, London, and New York trading sessions. It automatically adapts to your broker’s server time and allows full GMT customization. Designed especially for IC Markets (Winter – GMT+2) , this indicator gives traders a clean visual structure of the market’s intraday phases – making session-based strategies MUCH easier to follow. Key Features 4 Major Forex Sessions Marked Sydney Session Tokyo Session Lon

Based on a combination of indicators, PS Acid Fulx is an excellent indicator for knowing when to buy or sell on any asset and temporaryity. The indicator myself I have used it as a tool for my analysis when trading Forex. It is a useful and easy-to-understand trend indicator.  If you combine it with your own analyses you will surely get a good result in your operation.

Buy and sell signals using the MACD histogram. The interface is simple and easy to understand. You can perzonalize the indicator in several ways according to its visual style or even more importantly, its setting of parameters to detect market signals. Using the Multiplier option in the menu you can increase the indicator period although it is recommended to use the default settings.

For those who like trend the Force will be a very useful indicator. This is because it is based on the famouse ADX, which measure the strenght of a trend, but without its 3 confusing lines. Force has its very simple interpretation: if the histogram is above zero level the trend is up, otherwise it is down. You can use it to find divergences too, which is very profitable. If you have any doubt or suggestion, please, contact me. Enjoy! MT5 version:  https://www.mql5.com/en/market/product/41928 T

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

MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This DEMO only works with AUDNZD, the full product can be found at https://www.mql5.com/en/market/product/26328 How does it work? The indicator

Leverage multi-currency insights for effective statistical arbitrage The Multi-Oscillator is the ultimate swiss army knife for multi-currency and multi-timeframe trading. It plots your desired oscillator for many currency pairs and/or timeframes in a single chart. It can be used to trade statistical arbitrage, as a market screening tool or as a refined multi-timeframe indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy interpretation and co

The Hong Kong Stock Exchange Session's Hours This indicator facilitates observing the currency pair's quotations during subsequent parts of the stock exchange session live. Before the session starts, a rectangle is drawn on the chart but not filled in with color. It means the extent of the session duration. Before the first bar enters the rectangle of the session, a sound signal or pop-up window will notify us that the session will just start. When the price graph crosses the edge of the sessi

Indicator for the 4th strategy of the Pipsurfer EA. This indicator will allow the user to visually see the points of entry for strategy 4 of Pipsurfer. In the settings you will be able to adjust the parameters to mix and match to your trading style and find the settings that you want to either trade manually or tune the EA to do. Strategy 4 uses a market structure trend continuation approach to trading and looks for confirmed highs in downtrends and confirmed lows in uptrends to find great trend

Summorai this indicator will Sum up to 5 moving average of different symbols and place them conveniently on your chart How to use? just drop the indicator on a chart and fill in the symbol names exactly as they appear on your market watch by doing so your can have a grip on the global trend at all time example of use you trade DAX40 on your indicator chart its good to have Nasdaq100 and s&p500 and dow30 making sure trend confirmation example 2 you trade XRP but wants to have BTC and ETH not

RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec

Alien Nihilis ADX Ultra PRO ES un indicador avanzado para MetaTrader 4 que combina 5 ADX simultáneos con un sistema visual tipo Nihilis LED , diseñado para detectar rápidamente fuerza de tendencia, dirección dominante y expansión del mercado. Este indicador permite analizar diferentes velocidades del ADX en una sola ventana, usando los periodos clásicos: ADX 14 ADX 21 ADX 42 ADX 89 ADX 144 Cada línea ADX muestra la fuerza del mercado, mientras que los LEDs verticales indican visualmente si domin

Use my recommended broker:   https://icmarkets.com/?camp=61478 You have most likely heard about the term "Less is more". I can tell you one thing that's also the case with the Monkey CCI on Bollinger indicator! One indicator will give you the best of both worlds, easy to determine trend, the strength of the trend and overbought and oversold levels. This indicator is very simple to follow: Green line uptrend Red line downtrend Above band overbought Below band oversold With this indicator you cou

Description:  This indicator (with its algorithm) marks relative highs and lows, which have an array of useful applications.  This indicator will never repaint.  Features:  Marks relative highs and lows  Use this to determine points of trend continuation i.e. where the trend may pull back before continuing higher or lower, past this point Or use this to determine potential points of reversal, particularly in ranging markets, or with other price action  These highs and lows can sometimes be us

The R Alligator indicator was introduced by Bill Williams, it follows the trend with the help of 3 smoothed moving averages. By default, the following values are used: The 13-period smoothed moving average (known as the Jaw) The 8-period smoothed moving average (known as the Teeth) The 5-period smoothed moving average (known as the Lips) The R Alligator indicator reduces the number of false trend trades through the use of smoothening moving averages. Basic Trading Signals The R Alligator indic

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

Advanced Relative Vigor Index (RVI) Indicator with dual-line signals, zero-level system, multi-timeframe support, customizable visual signals, and highly 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 the Relative Vigor Index (RVI)? The Relative Vigor Index (RVI) is a momentum oscillator developed by John Ehlers that measures the conviction of a recent price m

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

TT Range – EMA & ATR Channel Indicator TT Range is a trend-following channel indicator built around an Exponential Moving Average (EMA) combined with ATR-based dynamic levels . The core concept is that the EMA acts as a price magnet —when price moves too far away from the average, it has a strong tendency to revert back toward it. The indicator plots adaptive upper and lower levels around the EMA, forming a volatility-based range that adjusts to current market conditions. These levels help trade

This is a   custom MT4 indicator   called   “Elsna Moving Average” . It plots   three moving averages (MA1, MA2)   on the chart with customizable periods, shifts, methods, and applied prices. MA1 & MA2   can optionally be used to create   fill areas   (histogram-like shading) based on a color-fill setting You can   show or hide each MA   individually. The indicator is designed for   trend identification and visualization , helping traders see MA relationships and potential support/resistance zon

Check it out and if you like it just enjoy it. Try various values to find the setting that best suits your trading. Upward signal if the indicator is colored lawn green and bearish signal if the indicator is gray. You can use the line itself to trailing stop when you open orders. This is just a tool. A complement. It is not a strategy. Combine it with your own analysis Just download it and try it, it's free.

Trend Rising is a custom MT4 ( Metatrader 4 ) indicator, use best for scalping on TF M30 and below that analyzes the trend and momentum pattern using Bill William Indicators on multiple timeframes.  As the result, It identifies the beginning and the end of the trend that works for most currency pairs. The Trend Rising indicator is developed based on Accelerator Oscillator and Awesome Indicator.     Key Features Identify the beginning and the end of the trend as display with colors.  Identify eas

Product Title Smart ATR (MT4) – part of the SmartView series Short Description A ATR 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 user

The Moving Averages On-Off  let you  control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . --->  This indicator is part of Combo Indicator OnOff It's possible to use three Moving Averages , defined as  Short ,  Medium ,  Long or Raimbow MA 5,10,20,50,100,200. Input MOVING AVERAGES You can customize the price type used for calculation : close, open

Cross MA Optimiser – Fine-Tune Your Moving Average Strategies in MT4! In the fast-moving world of trading, moving average crossovers are a proven method for identifying trends and trade entry points. However, using the wrong settings can lead to missed opportunities and inefficient strategies. Cross MA Optimiser takes the guesswork out of moving average optimization by automating and fine-tuning your crossover parameters for maximum trading accuracy. Whether you trade with Simple Moving Avera

OSMA (OsMA) 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 OSMA? OSMA (Moving Average of Oscillator), also known as OsMA, is the difference between the MACD line and its signal line (i.e., the MACD histogram). It measures how far the MACD oscillator is from its signal moving average, effe

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

This is a simple indicator that draws a night range. The start and the end of a working day are specified in hours, color rectangles are adjusted as well. It helps to view the history in search for regularities , excluding unpredictable night time. It can be used to search for a breakthrough of the night range. It is drawn as a background , and does not cover a chart and other indicators .

The indicator based on (Williams` Percent Range) analyzes the signal line touches along the channel walls and forms zones for deciding on the direction of the price movement. For convenience, an alert function is built in. You can also enable and disable the desired zones. Several indicators with different settings can be used on one chart. This will help you choose the best strategy.

An EA version is being prepared. You can send a private message "notify about EA version". EA will be versatile with many settings for trading on various indicators. The new EA will also allow trading on this indicator. For example, allowing signals after X signals/bars to X signals/bars in one direction, before changing direction. If Break Out happened before/after the signal of another indicator. Collect profit on each next signal above/below the previous one. Send a private message "notify

The indicator helps to determine the potential for price movement within the day and on a trend. For calculations, the average price movement on the instrument is used. If you have a problem setting TP, the indicator allows you not to overestimate your expectations. For volatile instruments, the SL position can also be taken into account. If the entry was in the right place, the risk / reward ratio will prompt a profitable level for profit taking. There is a reset button at the bottom of the sc

This indicator will mirror the assets in use in another metatrader, being able to choose the timeframe and a template. This is the Metatrader 4 Client, it needs the Metatrader 4 or 5 Server versions: Metatrader 4 Mirror Chart Server: https://www.mql5.com/en/market/product/88644 Metatrader 5 Mirror Chart Server:   https://www.mql5.com/en/market/product/88652 Details of how it works in the video.

VisualOrders and InfoAccount - an indicator for analyzing your own trading or analyzing someone else's account. Additionally, there is a possibility to quickly obtain information on the account and the terminal. Information is placed both on the chart and in the Experts tab. All displayed information is disabled in the settings, allowing the trader to leave only the necessary information.

The Scaled Awesome Oscillator (SAO) represents a refined adaptation of the Awesome Oscillator, aimed at establishing consistent benchmarks for identifying market edges. Unlike the standard Awesome Oscillator, which records the variation in pips across different commodities, the only unchanging reference point is the zero line. This limitation hampers investors and traders from pinpointing specific levels for trend reversals or continuations using the traditional Awesome Indicator, a creation of

MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture, a

STOCHASTIC Dashboard Panel   This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to  STOCHASTIC . In technical analysis of securities trading, the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr. George Lane developed this indicator in the late 1950s.[1] The term stochastic refers to the point of a current price in relation to its price range over a period of time.[2] This method attempts to pre

This is a very simple but very powerful strategy. It has a lot of potential. This strategy is based on the popular moving average crossover but with a very interesting twist to it. It has some mechanisms to delay signals untill direction is clear and confirmed. Follow the indication colors and arrows for trade ideas It has a potential winning rate of somewhat greater than 70%. Try it in all timeframes and determine which one is good for you. ===========

............................................hi................................................ .........................its a simple indicator of movings ............................ .........................a diffrent show of moving averages.......................... ...............can select period , shift , mode and applied price.................. ............many traders use movings for find market movement................. ...........................it can helpfull for finding trends.......

Velvet RVI is intended for use with the Velvet advanced ordering layer.  It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here . All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer.  In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" ( found here ),

FCK Trade Report  This indicator was developed by Fx Candle King. BEFORE CHOOSE CUSTOM PERIOD, GO TO TERMINAL WINDOW (ctrl+T), right click on ACCOUNT HISTORY and CHOOSE ALL HISTORY. This report searches the filtered data in your ACCOUNT CURRENT & HISTORY TRADE, Select your timespan for the report open and closed trades etc... Chose the report type - List only OPEN orders / List only CLOSED orders / List both OPEN and CLOSED orders

The MA in Color_PRT Indicator offers valuable insights into market trends by displaying moving averages in different colors based on their direction. Green indicates an uptrend, red for a downtrend, and yellow for a consolidation phase. Traders can use this indicator to easily identify potential entry and exit points in their forex trades. When the lines change color, it can signal a change in market direction, giving traders an opportunity to adjust their strategy accordingly. Additionally, th

A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails. The tail of the pin bar shows the area of price that was rejected, and t

In the indicator there are EUR, USD, CAD, AUD, NZD,JPY, GBP ,CHF. The Currency Index Project is Forex study. Many people do not know the theoretical basis that drives currency exchange rates to move on the market. With this set of tools you will be able to have a more complete view of the entire market by analyzing not only the single currency of an exchange, but all the exchange rates that make up that currency by looking at a single window! The study assumes that all forex currencies are lin

Useful indicator that incorporates three moving averages, for your favorite trading strategy. Moving averages are fully configurable, Period, Method, Color, Etc Just place it on your favorite timeframe. The benefits you get : Never redesigns, does not retreat, never recalculates. Works on forex and CFD, timeframe from M1 to Monthly. Easy to use. Convenience for your trading. 

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

The product   Divergence Cci Force Stddev Ac Atr   is designed to find the differences between indicators and price. It allows you to open orders or set trends using these differences. The indicator has 4 different divergence features. Divergence types Class A Divergence Class B Divergence Class C Divergence Hidden Divergence Product Features and Rec ommendations There are 5 indicators on the indicator Indicators =   CCI, Force, Stdandard Deviation, Acelereator, Atr 4 different divergence type

DailyBreakout Indicator — a visual indicator for traders who trade breakouts of daily levels. Automatically displays the key boundaries of the previous trading day, EMA moving averages, and session time markers — everything updates in real time without manual configuration. Perfectly suited for Daily Breakout, London Open, New York Open strategies, and any breakout systems based on the previous day's High/Low. Features: Automatic calculation and display of the previous day's high and low Dynami

This indicator displays Point & Figure charts (PnF charts) in the indicator window. PnF charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows focusing on main trends. Time is not a factor here. Only price movements are taken into account. That is why PnF chart is not synchronized with the main chart it is attached to. More about PnF charts: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts Indicator wor

DATE VERSION DESCRIPTION OF CHANGES  2022-08-31 1.00 Initial release.  2022-09-01  1.01 (on the Indicator dialog, but is v1.1 on MQL5.COM) Fixed New York active time  2022-09-03 1.02   (on the Indicator dialog, but is v1.2 on MQL5.COM)   Fixed Sydney active on Saturday  This indicator will show the active and inactive trading sessions as well as set global variables as whether the trading session is active (1) or inactive (0). Using the iCustom library function, you can invoke this indicator fr

'Circle Rising Point'   is an indicator based on the cycle theory. No matter whether your trading cycle is short or long, you can use this indicator to find the rise and fall points of different cycles and different bands. Therefore, the signals displayed to you on charts of different cycles are different, and applicable to left side transactions. This indicator is recommended to be used together with the multi cycle window for analysis. Indicator   introduction Applicable products This indicato

Elder's Force Index (EFI) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is EFI? Elder's Force Index (EFI) is a technical indicator developed by Dr. Alexander Elder that measures the power behind price movements by combining price change, direction, and volume. The indicator is calculated as

The Price Volume Trend Oscillator (PVTO) is a powerful technical analysis tool designed to provide insights into the relationship between price movements and trading volumes. This indicator offers a unique perspective on market trends, helping traders identify potential buying and selling opportunities. Parameters: EMA Short Period: Defines the short EMA period for calculating the PVTO. Default 3 EMA Long Period: Specifies the long EMA period for PVTO calculation. Default 10 EMA Signal Period: S