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Free Technical Indicators for MetaTrader 4 - 32

icon Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes.
Volatility Channel from JagzFX helps you find breakouts by displaying a channel on the price chart. Volatility Channel is simple to use - there are no parameters - and works on any timeframe. BASIC USE of Volatility Channels The channel can be used as a 'No Trade Zone': you don't trade when the price is inside the channel. However: When the price breaks above the channel: go Long. When the price breaks below the channel: go Short. The indicator works on all timeframes to suit your trading style.
FREE
Awesome Moving Average
Komang Putra Riswanjaya
Overview Discover a powerful yet simple indicator to identify market trends effectively!  Awesome Moving Average (AWMA)  is designed to detect bullish or bearish trends by analyzing price breakouts beyond the moving average line. Basically, the way this indicator works is similar to the Moving Average indicator available on the MetaTrader platform. As we know, the Moving Average indicator tends to be difficult to use when the market is in a sideways condition because it often gives false breakou
FREE
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
FREE
Forex strength meter is a useful indicator with which novice traders and professionals can analyze the market and see when and where to open a deal. Forex strength meter is an analytical complex for Metatrader4 which, in the form of lines on the chart, shows the trader the direction of the trend and its reversals. The interpretation of the indicator is very simple. When the indicator draws a red line above the blue line on the chart, it means that the trend is now going down. At this point, it
FREE
Ntekzers Range Marker
Ntethelelo Alexcious Makhanya
Please share a comment or rate for improvement  Main Function : The   start   function is called on each new tick. It performs the main logic of the indicator: It initializes arrays to store daily high and low prices. It resizes and initializes these arrays based on the number of days specified by the   DAYS   input parameter. It copies the daily high and low prices into these arrays. It finds the highest high and the lowest low over the specified number of days. It displays these values as com
FREE
The Oscillators histogram indicator is designed to show the histogram of some oscillator indicators. These oscillators are RSI, Momentum, ATR and CCI indications. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend Strong Trend Super Signal Parameters Oscillators - indicator name. Period  - indicator period. Level indicator - indicator level. MAPrice  - applied price for Momentum, CCI or RSI. Alerts  - enable/disable alerts. Email Notification  - enable/disable Email notifica
FREE
This indicator shows ratios between extremes on the chart. You can specify your own ratios (e.g. Fibonacci). Parameters Most important Density - how much in details to search ratios in extremes. Bigger number means less details, smaller number means more details. Base unit is 1 bar on the chart. History - how far to go in history while searching. When you set -1, the indicator processes all bars from history. Base unit is 1 bar on the chart. Range - how far search ratios from given extreme. Bas
FREE
MaSonic MT4 日本語バージョン このインジケーターはチャート上の任意のポイントをクリックすると、そのポイントを通る移動平均 (MA) をすばやく検索、表示できます。 今すぐ MA 検索のスピードと使いやすさを体験してください。 特徴: 簡単な操作:   MA を見つけたい任意のポイントをクリックします。 即時結果: 一致する MA が見つかった場合は表示します。 スリープ機能: 使用していないときにボタンを非表示にして、インターフェースをすっきりさせます。 手動制御: 画面上のボタンを使用して MA を手動で調整します。 MA を固定:   MA を発見したら、検索とは関係なくその場所に固定できます。 スキャン ボタン:   1 回のクリックでプロセスを開始します。 注: 検索モード中に、チャートの右側の空のローソク足領域をクリックすると、検索された MA がリセットされます。 検索ボタンをクリックすると、非検索モードにリセットされます。 検索ボタンをクリックするか、設定されたキーを押して、検索モードを無効にします。 検索したMAのみ、左/右ボタンで任意に変更できます。
FREE
Th3Eng Panda trend
Ahmed Farag
4.29 (7)
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
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The indicator calculates a combination of two moving averages and displays their trend in derivative units. Unlike traditional oscillators, the maximum and minimum values ​​in this indicator always correspond to the number of bars you want to track. This allows you to use custom levels regardless of volatility and other factors. The maximum and minimum values ​​are always static and depend only on the initial Bar review settings. The indicator can be used as an independent trading systemtrading
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MASi Wave
Aleksey Terentev
4.63 (8)
This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d
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How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Entry Buy = If daily open market Above Line PIVOT or can Price has touched and closed the candle above Resistance1. Entry Sell = If daily open market Under Line PIVOT or can Price has touched and closed the candle above Support1. Step 2: Set Stop Loss Stop loss BUY ----> You can set stop loss on Line Pivot or Support1.  Stop loss SELL ----> You can set stop loss on Line Pivot or Resistance1.  Step 3: Set Take Profit Take profi
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BeST TEMA
Eleni Koulocheri
Triple Exponential Moving Average ( TEMA ) is a  moving   average (MA) that gives the  most weight to recent price data. TEMA is more reactive to  all price fluctuations than  a Simple Moving Average (SMA) or an Exponential Moving Average (EMA) or even a Double Moving Average (DEMA) and surely can help traders to spot reversals sooner because it responds very fast to any changes in market activity.  TEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in trad
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Your swiss army knife to ancipate price reversals This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume. It gives you a measure of the buying pressure as a percentage of the total activity, which value should fluctuate from 0
FREE
MT4 Squeeze detector FREE
Grzegorz Korycki
4.5 (4)
What is Squeeze? A contraction of the Bollinger Bands inside the Keltner Channel reflects a market taking a break and consolidating, and is usually seen as a potential leading indicator of subsequent directional movement or large oscillation movement. When Bollinger bands leave Keltner Channel, it means markets switching from a low volatility to high volatility are something all traders are looking for. Differences Squeeze FREE Squeeze Squeeze PRO How many different timeframes 1 5 10 Custom
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Having trouble marking where the various forex sessions start and end? Or perhaps your strategy requires you trade only in a specific session, then this is for you. The session indicator shades the session you require in a certain color so that you can identify it easily. The sessions shown include: London session, New York session, Asian Session, Asian - London overlap and London - New York Overlap. Difference source give varying time ranges for the various session, mostly differing by not mo
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Th3Eng signals wave is a very good indicator to read the trend. But you need to filter the main trend direction with your own strategy. Because this indicator signals are repainted. So for example: Use Moving average 21 to find the trend and if the price is above the moving on higher TF or the current >> open only buy signals from the indicator. Also you can use it on option trading, Not only on forex. Works with all time-frames. works with all pairs, CFD and cryptocurrency. Sending all alertin
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Elvis A
Artem Konkov
The indicator "Elvis A" is designed for a very strict determination of the reversal. With the author's settings, it is installed on the D1 chart. It will skip many signals and choose only the most reliable ones. Therefore, it is better to set it on several currency pairs. The screenshot shows an example of this indicator in the form of an expert Advisor on a currency pair with a very large spread.
FREE
E13 Acid Flux
Dariel Iserne Carrera
4 (1)
Based on a combination of indicators, E13 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.
FREE
Introduzione L’indicatore Grid Option Strike è progettato per MetaTrader 4 e si basa sui livelli di strike delle opzioni sui future , fornendo una struttura chiara dei movimenti del prezzo su coppie di valute come EUR/USD, GBP/USD e AUD/USD . Questo strumento aiuta i trader a identificare aree di supporto e resistenza dinamiche basate sugli intervalli di 25 pip e 50 pip , frequentemente utilizzati dai trader istituzionali e nei mercati delle opzioni. Lascia un commento per potere migliorare l'
FREE
Moving Averages OnOff MT4
Fabrizio Malavasi
5 (2)
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
FREE
DollarAndEuroIndex
Sergio D. Rocha
4.5 (2)
This is an extension of the previous published DollarIndex with the addition of the function for calculating EURO Index under ICE Formula. Note that the broker should provide the following data: For Dollar Index formula, EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK and USDCHF are needed. For Euro Index formula, EURUSD, EURGBP, EURSEK and EURCHF are needed. Now in this version if the SEK (the most uncommon) is not provided, the formula still works, since it adds 0.0001 to its value, but the index will
FREE
RJT Gliders for MT4
Rafael Jimenez Tocino
1 (1)
This indicator helps you determine the evolution of the price depending on how these fly objects are shown in the chart. When the gliders opens their wings considerably warns us of a possible change in trend. On the contrary, when seems to get speed (looks thin because lines of wings are grouped) demonstrates safety and continuity in trend. Each wing of a glider is a directrix between the closing price and the high/low prices of the previous bar. The color (green/red) of each glider foresees bet
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The technical indicator is a more advanced version of the relative strength index (RSI) that applies moving average convergence-divergence (MACD) principles to a double-smoothed RSI (DS RSI) indicator. The indicator is derived by computing the difference between a double-smoothed RSI and a simple moving average (SMA) of the DS RSI. The indicator's intent is to provide more accurate buy and sell signals than the standard RSI calculation.  The MACD is derived by subtracting the 12-period exponen
FREE
Ratio market
Aleksandr Krokhalev
4.41 (17)
Volatility under control. The indicator shows the optimal depth for setting goals within the day and on the average trend. It also builds pivot zones for the estimated correction depth. As an accompaniment, the key levels of the structure are displayed for several timeframes. Classical volatility indicators ATR & ADX on fixed timeframes are used for calculation. The calculation takes into account the spread, and if the market is slightly volatile, you will see a warning about the risk. You can c
FREE
ChangePP
Maksim Kalachev
About the ChangePP indicator The ChangePP indicator displays the percentage price change for the selected period according to the selected parameters and builds the corresponding bars in the indicator subwindow. Clicking on a bar or pair name opens the corresponding chart with the period specified in the input parameters. Without a doubt, the ChangePP trading indicator will be useful for traders using the correlation of currency pairs, as well as for analyzing the situation on the market.
FREE
Th3Eng Chart shadow indicator is a tool helps you to display another symbol on the current symbol in candles style or line. You can type the second symbol name in the setting and select the drawing mode { candles or line }. Also, the indicator displays the spread and current price of both pairs on the left top side corner of the chart. setting: 1- Symbol: Insert The second symbol name. 2- Drawing mode: Choose the draw mode from (Candles or line). 3- Show spreads:  true\false to display the pric
FREE
Twisted MA Cross
MABASA ALDRINE TSURO
4.75 (4)
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. ===========
FREE
Velvet RSI
Kevin Peter Abate
Velvet RSI is intended for use with the Velvet advanced ordering layer.  It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de
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This is the countdown of the last candle Indicator. How much time remains in the current candle of your chart CTime display exactly how many hours, minutes and seconds remain before the current candle closes, and a new one opens. This allows you to be on the ball as soon as the next candle appears It could be useful for a trader who trades with candles as the main attention Available option to change the text color to suit the chart background. This Indicator is related to the system here .
FREE
HaDelta
Aren Davidian
This Indicator is based on Mr. Dan Valcu ideas. Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals. The indicator measures difference between Heikin Ashi close and open. Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals. I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on Heik
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FCK Trade Report
Patel Hitendrakumar Mahendrabhai
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
FREE
O indicador é uma ferramenta desenvolvida para o MetaTrader, projetada para auxiliar na análise detalhada do comportamento do preço em relação a uma média móvel específica. Ao ser anexado ao timeframe diário, o ele realiza cálculos e monitora, em timeframes menores, quantas vezes o preço toca determinados níveis de afastamento durante o dias além de calcular a média dos toques. MT5:  https://www.mql5.com/pt/market/product/111710
FREE
Psy Levels
THE FWA COMPANY
This free MT4 indicator allows you to automatically display psychological price levels on your chart It's very powerful when you combine it with other tools such as Fibs levels, Supports & Resistance levels, Moving Averages, Wyckoff schematics, etc. For example, you can use this indi to display horizontal levels every 100 points on your GER40 chart, or 500 points on your BTC chart, etc. ***Please comment, rate and share it to your friends if you like it***
FREE
FFx Momentum
Eric Venturi-Bloxs
4 (1)
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
FREE
FFx ATR
Eric Venturi-Bloxs
5 (1)
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
FREE
Octo Tack
Rafael Vega Ruiz
OCTO TACK TREND INDICATOR Summary/Description: Trend indicator showing signals to execute orders in favor of the current trend Get ready to have the best trend indicator you've ever tried. No repainting in any way, guaranteed It generates clear signals and always in favor of the trend (see screenshots) You just have to wait for the alert to indicate it and earn pip Are you tired of indicators that never work? Here we have the solution, try the free version and if you want to have more signals
FREE
Truly Volatility
Roman Starostin
5 (4)
Now there is no need to check volatility on third-party websites in order to determine the average movement rage of a certain currency pair. The Truly Volatility indicator is designed for determining volatility for the specified period and is displayed in a separate window as a histogram and line. If attached to a chart with the Н1 timeframe, the indicator displays the average price movement for each hour (from 0 to 23) based on the history data. On the D1 timeframe it displays the average movem
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RaysFX Market Trend Histogram Il RaysFX Market Trend Histogram è un indicatore personalizzato per la piattaforma di trading MetaTrader 4. Utilizza il Commodity Channel Index (CCI) per identificare le tendenze del mercato e visualizza queste informazioni in un istogramma intuitivo. Caratteristiche principali: Identificazione delle tendenze: L’indicatore calcola il CCI per ogni periodo di tempo e lo utilizza per determinare se il mercato è in una tendenza al rialzo o al ribasso. Visualizzazione in
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StrxInfoPanel
Francesco Strappini
5 (3)
StrxInfoPanel is an essential tool for every trader It gives you an immediate idea about your account and realtime informations about the current symbol and timeframe you are analyzing Every information line can be hidden and shown via parameters, even panel position can be changed via input parameters Parameters list: Corner : the screen corner where you want the panel to be shown Left, Top, and Width : customizable position and panel dimensions BgColor : background color Show XXX : every infor
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YKLotSize
Peechanat Chatsermsak
5 (1)
The YK-LOT-SIZE is an indicator that displays the total Lot Size and profit/loss of all trade orders for the current symbol on the price chart. It has the following features: Shows the total Lot Size of buy orders (BUY) and sell orders (SELL) on separate lines. Displays the profit/loss of buy orders (BUY) and sell orders (SELL) by calculating the sum of profit, commission, and swap. Users can customize the color of the displayed text through the input parameter. The information is displayed at t
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Индикатор Candle Body Histogram отображается в отдельном окне и показывает размер тела каждой свечи в виде гистограммы. В зависимости от того растёт свеча на графике или снижается, гистограмма меняет свой цвет. Свечи "доджи", у которых совпадают цены открытия и закрытия, так же отображаются на гистограмме отдельным цветом.  Поскольку индикатор строится от нулевого значения, он позволяет визуально сравнить тела свечей относительно друг друга. На гистограмме можно разместить уровни, чтобы отслежив
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Индикатор сглаженного Stochastic Oscillator (xStoh) Входные параметры: xK Period - K период xD Period - D период xSlowing - замедление xMethod - метод усреднения (0-SMA | 1-EMA | 2-SMMA | 3 - LWMA) xPrice field - тип цены (0 - Low/High | 1 - Close/Close) Принцип работы Индикатор перерассчитывает стандартный технический индикатор Stochastic Oscillator (дважды усредняет получаемые значения iStochastic).
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Daily Bar Number CFD
Vincent Jose Proenca
indicator that numbers the bars (candles) in a custom trading session. The indicator allows: Defining the session start time (StartHour and StartMinute) Displaying numbers only on odd bars (if AfficherUniquementImpairs is true) Displaying numbers on the last N days (NbJours) Customizing the color and font size of the text The indicator will loop through the bars of the last N days and, for each day, start counting from the session start time. It will display the bar number (starting at 1) belo
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High and Low Levels EMA Технический индикатор в помощь трейдеру. Однажды пришла идея при изучении индикатора Moving A verage ( MA ). Так как мувинги эти сглаженное, среднее значения цены за выбранный период, то как и у обычной цены и у мувинга должны быть «хаи и лои». Данный индикатор, показывает уровни High и Low . Динамических уровней поддержки и сопротивления. О понятии High и Low . Хай  — от английского  high  — обозначает наиболее высокую цену («рынок на  хаях » — капитализация актив
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Hidden Fractals
Christian Ricard
This indicator allows to hide Bill Williams Fractals (on all MT4 timeframes) from a date define by the user with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Indicator Color Indicator Width Information on "Fractals" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/fractals ************************************************************* Hey traders!!  Give me your feeds!  We are a community here and we hav
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Trend Mate
ANGEL CALLE CRUZ
1 (1)
TREND MATE is an useful indicator that will support your decision to trade according to the current trend. It is possible to configure alert and push notification to receive when entering to first candle for bull / bear trend. If you want to use this indicator for a EA, use the function iCustom as follows: DOWNTREND : iCustom(NULL,0,"Trend_Mate",0,0) . If downtrend result is "1", otherwise is "0". UPTREND : iCustom(NULL,0,"Trend_Mate",1,0) . If uptrend result is "1", otherwise is "0". For an
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The indicator is designed for intraday trading. Equipped with all notification functions for convenience in manual trading. It is recommended to use timeframes m5, m15, m30. You can also view and select settings for any financial instrument. Settings: Indicator period - Indicator period Alert - The function of enabling alerts. Push notifications - Enabling Push notifications to the mobile terminal e-mail - Sending a signal to e-mail In addition to this product, I recommend looking at my othe
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Alert TIME LINE indicator warns that the price has reached a specified time level. Drag the indicator onto the chart, press the SET TIME LINE button, move the line that appears to the desired time, when the chart reaches the specified time, an alert will be triggered. This indicator is used as an auxiliary tool when trading time zones, using the free TIME LINE Forex System , see the results and screenshots below. You can get the system for free in the technical support chat https://t.me/Cycl
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"Giant" is a flexible system in relation to trading strategies. It consists of two high-quality indicators that are installed on five different timeframes of the same currency pair (see screenshot). It monitors the trend and gives signals to open. The system passed a large number of checks and showed high accuracy. Indicators are sold separately. The second word in the main name is the indicator itself. This issue sells the indicator  "Nicely" .                                                  
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Multi Meter
Salavat Yulamanov
Trend indicator A unique system for determining the trend for each timeframe, Allows you to have a real picture of the trend for any currency pair on all standard timeframes! Green squares are BUY trend and red squares are SELL. Trading technique: if small time frames are opposite to the trend of the older ones, then due to the inertia of the market movement, enter in the older times as on the screenshots.
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RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart . Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing as the origin
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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 Strongly recommend trend indicators,   automatic calculation of wave standard   and   MT5 ver
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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
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Line Alerter Free
Tomoyuki Nakazima
5 (1)
This indicator alerts you when indicator-created lines are "touched" by price, You can change the interval between alerts. You can change colors and styles of lines as you want. However, lines must be named "Upper" and "Lower. There is a  more powerful PRO version . Input Parameters WaitTime: Interval between alarm. How To Use Place lines wherever you want to add alarms.
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PZ Stretch
PZ TRADING SLU
The Stretch is a Toby Crabel  price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
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Simple. Informative. Instantly Visible on Your Chart. Alwinson Active Trades Info (MT4 Version)   is a lightweight indicator that displays a summary of currently open positions directly on the chart. It removes the need to switch to the Terminal window to check which symbols are active and what volume is involved. An MT5 version of this indicator is also available among my products. Key Features: Lists all symbols that currently have open positions in the trading account. Shows the dominant pos
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RSI with Bands
Amirhossein Ghasemi Moroodi
After 7 years, I've decided to release some of my own indicators and Expert Advisors (EAs) for free. If you find them useful, please  Show support with a 5-star rating! Your feedback motivates me to continue providing free tools. Explore my other free tools as well here . _________________________________ "RSI with Bands" Indicator – Better Trading Decisions The "RSI with Bands" Indicator combines the classic RSI with simple bands to show you clearer when to buy or sell. It's desig
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Multi Chart MT4
Tais Miranda Hoffmann
An indicator for analyzing different currency pairs simultaneously Forex is a complex market that requires several currency pairs to be analyzed simultaneously Determine the number of currency pairs yourself Determine the currency pair you want to analyze to analyze 4 of the most important and similar currency pairs at the same time. For direct and simple analysis, some currency pairs have changed (EURUSD>>>USDEUR) Do not doubt that to succeed in this market, you must analyze several currency pa
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Binary Options Assistant (BOA) BURN Signals Indicator provides signals based on Ana Trader Binary Options Strategy. Indicators: MACD & Stochastic Stop missing trades, stop jumping from chart to chart looking for trade set-ups and get all the signals on 1 chart! U se any of the BOA Signals Indicator with the  Binary Options Assistant (BOA) Multi Currency Dashboard .   All BOA Signal Indicator settings are adjustable to give you more strategy combinations. The signals can be seen visually and
FREE
Higher period
Dariel Iserne Carrera
5 (1)
With this customizable indicator you will be able to observe other timeframes besides the usual one. This way you will get to know better the general environment in which the price moves and probably will be better your effectiveness. *It is important that the timeframe in the indicator is greater than that set in Metatrader. I'll share more indicators for free soon. If you have any specific ideas of an indicator that you want to have you can write me a private message directly. Opinions, review
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Angulation indicator
Bohdan Kasyanenko
4 (1)
The indicator draws angulation lines on a chart. These lines can help make decision on whether to enter the market or stay out of it. It is used to filter the signal "The First Wise Man" described in Bill Williams' strategy. Angulation in this indicator is displayed for any bar that is formed after Alligator's mouth is crossed (not only for reversal). Settings: Show angulation lines . Show info - show additional details (angulation degree, calculation points, number of bars). Minimal angle to fi
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An improved version of the standard Standard Deviation indicator. It is now a responsive and smoothed line. The setup is not straightforward - but I hope you can do it. It is very easy to understand the readings of this indicator, the meaning is the same as that of the usual Standard Deviation. //////////////////////////////////////////////// /////////////////////////////////// I hope this indicator will be very useful to you in successful trading. Good luck.
FREE
Tester Periods is the useful indicator for visual strategy tester which extend chart periods. Its  designed for the trading utility  Trade Shell  (included   Trade Shell SMC ). Run the Trade Shell on the visual tester. Then put the Tester Periods indicator on the chart. If you wanna see timeframes M1, M5, M10, M15 , for example, then you have to run visual tester on M1 and to define multipliers like that: TimeFrame_Periods_Multiplier = 1,5,10,15 If you wanna see timeframes M5, M20, M30, H1, for
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WaPreviousCandleLevelsMT4
Wachinou Lionnel Pyrrhus Sovi Guidi
!!!The free version works only on "EURUSD"!!! WaPreviousCandleLevels MT4 shows the previous candle levels, it shows the previous candle Open High Low Close levels (OHLC Levels) in different time frame. It's designed to help the trader to analyse the market and pay attention to the previous candle levels in different time frame.  We all know that the OHLC Levels in Monthly, Weekly and Daily are really strong and must of the time, the price strongly reacts at those levels. In the technical analys
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MAtrio
Yurij Batura
The MAtrio indicator displays three moving averages on any timeframe at once with a period of 50-day, 100-day, 200-day. After attaching to the chart, it immediately displays three moving averages with the parameters of simple (SMA) moving average SmoothingType50 , simple (SMA) moving average SmoothingType100 , simple (SMA) moving average SmoothingType200 . Accordingly, with the price type ValuePrices50, ValuePrices100, ValuePrices200 , by default, the price is Close price everywhere. All parame
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The Sentiment Ratio indicator gauges current Market Sentiment between -100% and 100%, where lower than -40% is considered Bearish and higher than 40% is Bullish. The channel between the two is considered Neutral. The indicator has been a very useful filter tool for signals within a trading system. Example call function:  int SentimentIndicator(double triggerLevel)//Return sentiment if trigger level is activated {   double sentimentRatio=iCustom(NULL,0,"Sentiment Ratio",0,0,0);   if(sentimentRat
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"Separate Moving Average" is a custom indicator made from the combination of 2 moving averages in a different window (the indicator window) for the goal of removing the clutter from the price chart, the indicator also has arrows to show the moving average cross either long or short. All the moving average parameters are customizable from the indicator input window.
FREE
Velvet RVI
Kevin Peter Abate
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 ),
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Velvet MACD
Kevin Peter Abate
Velvet MACD is intended for use with the Velvet advanced ordering layer.  It is a modified version of the MACD indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet MACD indicator, the ordering layer must be installed and running.  Ordering from the Velvet MACD indicator requires that "Velvet Ordering Layer" ( found here ), version 2.0 or higher, be installed and running. Whe
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