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Free Technical Indicators for MetaTrader 4 - 34

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.
Questo indicatore per MT4 traccia automaticamente i punti di pivot giornalieri sul grafico, fornendo livelli chiave di supporto e resistenza basati sui prezzi di apertura, chiusura, massimo e minimo del giorno precedente. I punti pivot aiutano i trader a identificare potenziali aree di inversione e zone di prezzo critiche, migliorando la precisione nelle decisioni operative quotidiane."
FREE
Trend is Friends
Nguyen Nghiem Duy
5 (1)
Trend is Friends is an line Indicator used as an assistant tool for your trading strategy. The indicator analyzes the standard deviation of bar close for a given period and generates a buy or sell trend if the deviation increases. It good to combo with Martingale EA to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic. You can use this  Indicator with any EAs in my Products.
FREE
This indicator shows the current situation on the cryptocurrencies available for trading, depending on the signal strength specified in the settings. It can be used for determining the expected increase/decrease in the asset price, displayed by the corresponding color, and the signal strength, displayed by a vertical dash near a certain cryptocurrency pair. Indicator Parameters Panel color - color of the indicator panel Long color - cryptocurrency pair uptrend color Short color - cryptocurrency
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Description This scanner uses 3LZZ TRO ex4 and scans for Semafors at given “Shift” bar. Scanner Detailed Settings: https://www.mql5.com/en/blogs/post/747456 Other Settings: Set Periods for Semafor 1,2,3 Set alerts on/off for Semafor 1,2,3 Shift bar (Bar on which semafor is scanned) Refresh After Ticks (Number of ticks when dash is refreshed) This scanner is pretty simplistic version. And a more detailed version with a different strategy is available here: https://www.mql5.com/en/market/product
FREE
MASi Wave Histogram
Aleksey Terentev
5 (1)
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
FREE
Risklimiter
Shaheen Hassanali
Risklimiter Limit your risk with this dynamic stop loss indicator. It will show you exactly where to place your initial stop & subsequent stops as the price goes in your favour. Works on any time frame as well as any symbol. It is not restricted in any way nor does it need optimisation. Simply drag and drop on to a chart for it to display a stop loss. You may find at times, it shows a stop on the other side of your trade, this will change as soon as price closes above/below it. DOES  NOT  REPA
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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
FREE
TT Range
Tomislav Turcin
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
FREE
MA Reminder Overview MA Reminder is a versatile moving average indicator that provides visual cues and background coloring to help traders identify trend direction and potential trading opportunities based on MA crossovers. Key Features Multiple Moving Averages : Displays up to 4 configurable moving averages on the chart Background Coloring : Highlights chart background based on MA1 and MA2 crossovers Timeframe Flexibility : Choose between dynamic (follows chart timeframe) or fixed timeframe mod
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This indicator is designed to find the difference in MOMENTUM price and indicator.  This indicator shows the price and indicator difference on the screen. The user is alerted with the alert sending feature. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend Strong Trend Super Signal Parameters divergenceDepth -  Depth of 2nd ref. point search Momentum_Period -  Second calculation period indAppliedPrice -  Applied price of indicator indMAMethod -  MA calculation method findEx
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Aln
Dariel Iserne Carrera
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.
FREE
Binary Options Assistant (BOA) CHILL Signals Indicator provides signals based on Katie Tutorials Binary Options Strategy. Indicators: 3 Moving Averages & RSI Use any of the BOA Signals Indicators with the  Binary Options Assistant (BOA) Multi Currency Dashboard  so you can: Stop missing trade set-ups Stop jumping from chart to chart looking for trade set-ups Get all the signals on 1 chart All BOA Signal Indicator settings are adjustable to give you more strategy combinations. The signals can b
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ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation
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ArwByIdx MT4
Sajiro Yoshizaki
This product receives information from indicators/signal tools and displays arrows or notifications when specific conditions are met. For example, arrows and notifications are shown when MA25 and MA50 cross, when SAR reverses, when MACD changes its plus/minus, or when the closing price crosses the Bollinger Bands. Please refer to the sample settings image for specific configurations. For detailed manuals and configuration files: https://www.mql5.com/en/blogs/post/755082 A free version is als
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DATE VERSION DESCRIPTION OF CHANGES 1.00 2022-09-06 Initial release The RedeeCash Triangular Arbitrage Opportunities shows the available currency triads and each currency trade position setup as a global variable, in the fomat of AAA/BBB, CCC/AAA, CCC/BBB: AAA/BBB -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/AAA   -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/BBB -1|0|1 where the value is the trade direction of either OP_BUY or OP_SELL. If the trade direction indicates -1, then no trade should occur for that
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Jpivot
Jing Zi Yi Teng
5 (2)
Hello! I'm Tatsuron, a Japanese individual investor. I was operating over 1 billion yen in Forex. So, let me introduce a very useful indicator that I use. Environmental confirmation type indicator. We have narrowed down the pivots that the world market is aware of to two, daily and monthly. Daily is a guide for daily trading, and monthly is a material for breaks or reversals in fast break markets. It is useful as a basis for accumulating evidence, such as when it overlaps with the trend lin
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Double Price Channel   Price channel indicator for a certain number of bars specified in the settings. Indicator lines represent dynamic support or resistance levels. The upper limit is the price maximum for a certain number of periods, the lower one is the minimum. Unlike moving averages, which are based on close prices, the indicator is not “distracted” by small fluctuations. It will be recalculated only if the boundaries change. If the latter happens, then it is worth seriously thinking about
FREE
Alba GMT Detector Pro
Ahmed Fadel Fouad Said
ALBA Backtest Calibrator: The Ultimate GMT & DST Detection Engine Stop guessing. Start engineering your trades. In the realm of algorithmic trading, a single hour of deviation in your backtest time can completely obliterate your Expert Advisor's trading logic, especially for session-dependent strategies. Welcome to the ALBA Backtest Calibrator , a mathematically precise dashboard engineered to calculate your broker's exact GMT offset and Daylight Saving Time (DST) shifts with 100% accuracy. Des
FREE
BillWill
Iurii Tokman
The indicator is based on the materials taken from the book: Bill Williams. Trading Chaos: Applying Expert Techniques to Maximize Your Profit. The indicator values at the top of each bar are calculated based on the location of the Open and Close relative to a third of the bar. The bar is divided into three parts. The lower third of the bar is the number three (3), the middle third of the bar is the number two (2), the upper third of the bar is the number one (1). The first number in the indicato
FREE
Monthly OHLC MA
Sattiraju Kottapalli
This indicator Plots Open, High, Low and Close levels of previous month, on current month's lower time frames. These levels act as good support and resistance levels. Most of the time price oscillates within the levels. wait for price to reach these levels and act accordingly. Pay special attention to confluence of levels. According to my observation if Close (White) level is in confluence with any other levels, High probability of break out or bounce back. Scroll back to previous months and ob
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This indicator is a perfect tool able to compare which brokers have the lower latency. It shows us immediately which brokers are slower or faster. When you see the dot icon on the line, it means this broker is the faster one and the red line (Broker_A) is the slower one. See the example on the screenshot. How It Works? This indicator shares the prices information to and from the "shared" common data folder. It compares all the prices. The price is based on average by (Ask + Bid) / 2. There are
FREE
RJT Comets
Rafael Jimenez Tocino
1 (1)
Follow the trail of the comet to know the development of the trend. This indicator helps you to determine the evolution of the price depending on how these astronomical objects are shown in the chart. When the comet seems to stop, it opens its tails considerably and warns us of a possible change in trend. On the contrary, when it seems to get speed (looks thin because lines of tail are grouped) demonstrates safety and continuity in trend. The head or comet nucleus will show red or green accordin
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SPREADEX is an indicator for MT4 and MT5 that indicates the distance of an asset from the GP. The GP is the price of the true value of the underlying asset, obtained by estimation. The GP is like a magnet; it attracts the asset's price with a high probability and within the same trading day. Therefore, SPREADEX indicates which assets are currently furthest from the GP in real time. This provides traders with a point of view on which assets to focus on and look for price reversal signals to obtai
FREE
HN levels
Hosamnasr Noshy
5 (1)
this indicator Construction on  Gann angles and it,s very effective .you can use it as (Support and resistance) it,s very successful and easy to use.if candle Cross through level thats mean price is going ti next level but with on condition. The price cames from a previous level There is a variable of  angles for frames the best is 1h frame and stander variable.........
FREE
.................................if you need pivot point s levels............................... ............................this is a weekly pivot point level creator........................... ...it is for weekly pivots and show levels at times period d1 , H4 , H1 , M30 ............... .................................also shows levels for 3 last weeks.............................. ................can use it with other indicators and see important levels........
FREE
Hello all. This indicator helps you  to open a trade, when break out occurred, also you can add to your position and ride it if trend continued. I use it on 1-5 min chart, as you can use short stop loss. Also profit target should be small as well. It is better to enter few small position, so you can book some profit early and ride the rest for bigger gains. Look at the past to have a plan. Enjoy. 
FREE
Jerk Indicator
Safwan Rushdi Khalil Arekat
5 (1)
In physics, "Jerk" is the third time-derivative of position, with acceleration being the second derivative and velocity the first derivative. In technical analysis, the first derivative of price is the price momentum, with the second derivative,acceleration, being seldom used and the third derivative virtually unknown. The magnitude frequency response of a digital differentiator is a positive-slope straight line passing through zero frequency. Therefore, every instance of a digital signal differ
FREE
Envelopes Grid
Dominik Mandok
5 (1)
It's a simple but useful tool for creating a grid based on Envelopes. Only 2 parameters can be set: 1) "Period" - the period of all visible Envelopes (i.e. 4) and 1 Moving Average (Envelopes axis), 2) "Deviations Distance" - the distance between Envelopes. Naturally, the colors of all 9 lines can be changed as desired. It works with everything that is available in your Market Watch. Good luck!
FREE
The parabolic stop and reverse (PSAR) indicator was developed by J. Welles Wilder, Jr. as a tool to find price reversals which can be utilized as stop-loss levels as well as trade triggers. The notable difference about the PSAR indicator is the utilization of time decay. The PSAR indicator forms a parabola composed of small dots that are either above or below the trading price. When the parabola is below the stock price, it acts as a   support   and trail-stop area, while indicating bullish up t
FREE
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. 
FREE
GTAS Power
Riviera Systems
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
FREE
Macd Rd MT4
Mubashir Mohamed Quraish Albarakat
This indicator is based on the MACD indicator Also, some candlestick patterns are used in it to identify better signals Can be used in all symbols Can be used in all time frames Easy to use method Adequate settings Settings: period: The number of candles used to calculate signals. pFast: Like the MACD indicator settings pSlow: Like the MACD indicator settings alarmShow: If you want to receive an alert in Metatrader after receiving the signal, enable this setting alarmShowNoti: If you want to
FREE
Using multiple timeframes for analysis with Multi Timeframe Bollinger Bands  can provide several significant benefits for traders: Comprehensive Market View: By applying Mtf Bands Standard across different timeframes, traders gain a broader perspective on market dynamics. This allows them to identify trends, patterns, and potential reversal points that might be more apparent or consistent across various scales. Enhanced Pattern Recognition: Multiple timeframes help in identifying repeating patte
FREE
The Mode
Naim El Hajj
3.67 (3)
Overview The M.O.D.E stands for Multiple Oscillator Divergence Exit . It is an MT4 indicator that checks for divergence between price and multiple oscillators. The purpose is to help traders observe potential weakening in the current price movement when price and oscillator behavior disagree. The indicator was originally designed as an exit and warning tool, but traders may also use it as a divergence reference within their own analysis process. Key Features Checks divergence across multiple osc
FREE
MultiFiboDynamicMT4 is a powerful, professional indicator for estimating the most important support and resistance levels. The main advantage is that it plots the Fibonacci levels at all timeframes simultaneously, which allows the trader to see the full picture of the possible price movement of the trading instrument! Advantages of the indicator The indicator is perfect for scalping and trading binary options. Suitable for beginners and experienced traders. Works on all timeframes. Works on any
FREE
The Stochastic RSI (StochRSI) is a technical indicator that combines the characteristics of the Relative Strength Index (RSI) with the Stochastic Oscillator, resulting in a more sensitive tool that generates a higher number of trading signals. Developed by Tushar Chande and Stanley Kroll, the indicator was designed to overcome a perceived limitation of the traditional RSI: the low frequency of overbought and oversold levels activation (commonly 80 and 20), especially in less volatile assets. How
FREE
DMI Show High Low: Visualize Key Market Levels in Real Time 100% free, functional, and without limitations! The DMI Show High Low is an essential tool for traders, designed to display High, Low, and Close levels of a selected timeframe directly on your chart. Ideal for identifying key market zones, this indicator helps enhance your decision-making and trading precision. Parameters: Timeframe: Select the timeframe for displaying High, Low, and Close levels. Default: D1 (Daily) Display Close Line:
FREE
Spread and Cost pips
Alexander Shienkov
5 (2)
It is another simple information indicator. This indicator shows the current spread of a financial instrument and the value of one point with a volume of 0.10 lot. About the Spread Spread is the difference between the Ask and the Bid price of an asset in the stock or currency exchange. Let's refer to Central Banks and currency exchange in these banks, in order to understand why Spread is so important in currency trading. In Central Banks, we always see the difference between the buying and the
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Supply Demand Ribbon is an indicator with moving supply and demand lines that help you identify price zones more easily. The indicator helps you determine flexible entry, stop loss, and take profit areas. There are also strategies for algorithmically changing ribbon colors. From there you can come up with many trading strategies for yourself! MT5 Version:   Click here! You can explore many feature in   Advanced   version   here ! You can combine it with our indicators below to make your tradin
FREE
CCI in MA
Nikolaos Pantzos
4.75 (4)
iCC in iMA is indicator to change color in iMA if iCCI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iCCI on iMA. You can to get source code from here . Parameters MA_Periods —Period for iMA. MA_Method — Method for iMA. CCI_Periods —Period for iCCI. CCI_ApliedPrice — Price used for iCCI. CCI_LevelsUp — Level iCCI for up trend. CCI_LevelsDN — Level iCCI for down trend. BarsCount — How many bars will show the line. R
FREE
RSI in MA
Nikolaos Pantzos
5 (2)
iRSI in iMA is indicator to change color in iMA if iRSI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iRSI on iMA. You can to get source code from  here. Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. RSI_Periods — Period for iRSI. RSI_ApliedPrice — Price used for iRSI. RSI_LevelsUp — Level iRSI for up trend. RSI_LevelsDN — Level iRSI for down trend. BarsCount — How many bars will show the line
FREE
Smart Williams Range MT4
Mostafa Saad Saeed Shawara
Product Title Smart Williams' %R (MT4) – part of the SmartView series Short Description A Williams' %R indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique an
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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
FREE
PZ Quadrant Thesis
PZ TRADING SLU
4 (3)
This is a general purpose indicator that displays colored lines at fixed and customizable price intervals, entered as parameters. It offers universal, constant, and familiar price ranges that allow quick and precise price analysis of a currency pair. With default parameters, this indicator implements The Quarters Theory , as described originally by Ilian Yotov . [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Easy to use No optimization needed Customi
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Non-proprietary study of Joe Dinapoli used for trend analysis. The indicator gives trend signals when the fast line penetrates the slow line. These signals remain intact until another penetration occurs. The signal is confirmed at the close of the period. It is applicable for all timeframes.   Parameters Fast EMA: period of the fast moving average. Slow EMA: period of the slow moving average. Signal EMA: period of the signal line.                              ************************************
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This indicator measures volatility in a multi-timeframe fashion aiming at identifying flat markets, volatility spikes and price movement cycles in the market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ]  Trade when volatility is on your side Identify short-term volatility and price spikes Find volatility cycles at a glance The indicator is non-repainting The ingredients of the indicator are the following... The green histogram is the current bar v
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Free version. Only works on EURUSD. Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The dat
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Currency Scoring
Mr Nukool Chanchingchit
5 (4)
What is a tool ? This indicator use for comparison of 8 major currency from 28 pairs and multiple timeframes and calculates a score of strength from 0-100. How to use Place the indicator on any pair any timeframe, And entering only the value of X Y position to be displayed in the graph. Pair   : Any Timeframe   : Any Input Parameter Start X Position   : Value of X on chart Start Y Position  : Value of Y on chart Visit my products Target Profit Magic Target Profit All The Profit Tracker Currency
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GM Reverse Indicator works on Fibonacci along with some other tweaks -> It is programmed to automate 100% when the market fluctuates This indicator I use to find support points. It really works and I want to share it with you. -> Simply attach the GM Reversal Indicator to any chart you want. The larger the timeframe, the better the signal quality (you should use with the timeframe from H4) -> This is my signal : https://www.mql5.com/en/signals/1415444 Please leave me a positive review, if th
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This indicator alerts you when/before new 1 or 5 minute bar candle formed. In other words,this indicator alerts you every 1/5 minutes. This indicator is especially useful for traders who trade when new bars formed. *This indicator don't work propery in strategy tester.Use this in live trading to check functionality. There is more powerful Pro version .In Pro version,you can choose more timeframe and so on. Input Parameters Alert_Or_Sound =Sound ----- Choose alert or sound or both to notify y
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USA Indexes Quant Indicator MT4
Thunder Investment Group Limited
Property of Vertical Capital Edition:  Gugol_Quants   About USA INDEXES QUANT_INDICATOR: This is a indicator created by math modulation to be used as a trading tool, which was developed in MQL. (MT4) This indicator is for use only with US500(S&P500), NAS100(Nasdaq Composite) and US30(Dow Jones). Signals are activated on "Open" Candle. It’s based on Intraday/Swing Trades whose main timeframe is H1, H2, H3 and H4. However you can use it with other assets by testing with the appropriate settings. *
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FractZigER
Vasiliy Anokhin
FractZigER calculates reversal vertices on the chart and connects them by lines individually for High and Low and complements the chart with lines by bottoms for High and Low in a similar way. Only one parameter is used for setup (ReachBars - number of neighbouring bars for plotting a vertex), as well as one parameter for drawing into history (DRAWs - number of bars in history to be used in calculation). Use the indicator the same way you previously used ZigZags and indicators based on fractals,
FREE
Chart style
Aleksandr Krokhalev
5 (3)
The indicator works as an extension that recolors the candles and the background in the terminal at the click of a button (Night Theme / Day Theme). The user can also set the display of the watermark of the symbol, and specify its size. The interactive menu allows you to toggle the display of the Ask value. And switch chart scaling from adaptive to fixed with one click. You can add your favorite color to the settings for switching.
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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
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This indicator shows close to close price movements of the current symbol and an other as a histogram. It visualizes correlation between two symbols to help avoid counterproductive trading, diversify risk, etc. Attach it to the current chart as many times as many correlated symbols you want to take into consideration, and specify them in the OtherSymbol input field. The wide red histogram shows the movements of the reference (other) symbol, and the narrow blue histogram shows the movements of th
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The VMA is an exponential moving average that adjusts its smoothing constant on the basis of market volatility. Its sensitivity grows as long as the volatility of the data increases. Based on the Chande's Momentum Oscillator, the VMA can automatically adjust its smoothing period as market conditions change, helping you to detect trend reversals and retracements much quicker and more reliable when compared to traditional moving averages.
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Price Speed V
Doan Vuong Thai
This is a tool to measure the velocity of the price. It's completely free, you can download and use.  "Way: distance of price after one tick."   "Speed: price velocity after one tick."  p/s: The time for the price to jump 1 tick will not be fixed, you should know this. If Way > 0, the indicator will change color to Green If Way < 0, the indicator will change color to Red || I am a 3D artist and I love math and programming! ||
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Running multiple EA's on your account and confused by who's winning and who's loosing? Try this indicator that report's in real time on the Magic Numbers in your account by reading the History_trades along with the Open_trades. Note: Manual trades are grouped under Magic Number "0". For a better visual report,  run it on a symbol that you don't execute trades on, switch the history bars to "Line Charts" and set it's color to Black.
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Some short but nice algo giving signals and some ideas for stops. Five moving averages are used to find cross overs and create a zone. All periods and methods are adjustable but default values are optimized already. If you have lags on long history you can reduce MaxBars to make it work faster. Please comment if need to explain the parameters. Also any improvement ideas are welcome.
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Идея индикатора очень проста и скорее всего пригодится тем, кто используют линейный график для технического анализа. Что-бы устранить "неровности" (-: линейного графика и был написан этот индикатор. Линия графика соединяет цены закрытия свечей, как и в классическом линейном графике, но игнорирует цены, которые шли в направлении линии и новый экстремум возникает только тогда, когда цена закрытия последней свечи явно ниже или выше предыдущего значения. Это облегчает визуальное восприятие при поиск
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Comfort zone signal
Mariusz Piotr Rodacki
The " Comfort Zone Signal " indicator identifies a daily zone that, when broken, has a high probability of the market continuing the established trend . Upon signal, the indicator calculates stop loss and take profit, which can be set by you. You can also set the trend. If the price is above the MA, it looks only for long positions, if below, it looks only for short positions. You can choose to ignore the moving average and display all signals. Additionally, you have the risk percentage displ
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Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   This indicator finds the entry points based on divergences of common indicators and does not repaint . The principles used ensure that it can be used on CFDs, Commodities and Stock with incredibly great results. With proper money management and portfolio balancing the Indicator can be applied to any trading strategy to generate consistent profits. A Winning Trading Strategy This article describes the com
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Austin Currency Strength
Augustine Kamatu
5 (1)
Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   This indicator is the best so far at determining the currency strength of each pair. It provides stable values and is highly adaptive to market changes. It is a great tool to add to your arsenal to make sure you are on the right side of the trend at all times. No inputs required, it is simple plug and play. A Winning Trading Strategy This article describes the components and logic needed to develop a tra
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RedeeCash TimeZones
Patrick Odonnell Ingle
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
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Price Line
Nikolay Likhovid
5 (1)
High, Low, Open, Close — isn't this too much? Sometimes you need a unique history of prices. But if choose one thing, you lose the rest. Smoothing also leads to data loss. Often you lose one of the most important market details: information about extremes. It is due to the preservation of information about the highs and lows, the correct "smoothing" for the history of price is a zigzag. But zigzags also have drawbacks — they do not provide intermediate values. The Price Line indicator solves thi
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CandlePips
Yawo Julio K Kavege Atileh
This indicator works on this way: Trader should provided the n period "Number of Candle" ( the default period is 6) Then the indicator  will calculate the number of pips in the last n period  (not the current candle) And that is display on the chart With that the should confirmed his up trend or down trend analyse according to the number of pips in the last  n candles( bullish or bearish) he has provided
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Average Bar Body
Georgi Gaydarov
5 (1)
Very simple indicator that shows if body of a new bar is bigger than the average bar body. We can use the indicator to notice bars that are bigger than usual, for example this could mean a new trend. Input params: history bars to display from how many bars to get the average bar body To calculate only bars from the same type distance for the dots bull color bear color dot size
FREE
Shadows
Georgi Gaydarov
Simplest indicator for bar shadows. Very useful for Kangaroo Tail strategy. "Shadows" - this is the distance from high and close of the bull bar and low and close of the bear bar. The purpose of the shadow is to show you if the bar is strong or not.  Whether it is internal to the trend or is external. It even helps determine if a trend is starting. Input arguments: How many prevoius bars to calculate Value that should be passed to trigger the alarm How many times to repeat the alarm (Put 0 if yo
FREE
Monitor New Fox US
Samuel Lima Cavalcante
Track your overall trades! Monitor New Fox is an excellent indicator, which displays your current profits, being them monthly, weekly, and daily, that is, all profits obtained when you opened the mt4. Our brand new Monitor New Fox indicator is able to unlock all advanced features of MetaTrader 4. This indicator can graph with simple data key meta trader account data (Balance, Equity, Free Margin, Current Profit/Loss, Profit/Loss total, amount of open position(s) and size, etc.) and all this in a
FREE
Fractal Divergence Channel is based on the fractal divergence patterns , representing them in the form of a channel with the borders changing the moment the next pattern appears. The upper border of the channel corresponds to the upper part of the last found bearish fractal divergence pattern. The lower border of the channel is the lower part of the last found bullish pattern (see screenshot 1). Compared to the FractalDivergence_Patterns indicator, the channel version has the same parameters wit
FREE

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