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Free Technical Indicators for MetaTrader 4 - 35
The indicator analyzes the change in the minimum and maximum prices of the previous bars fixing the entrance of the big players. If the change (delta) increases, a signal is displayed on the graph in the form of an arrow. At the same time, virtual trade on history is carried out. In the free version, virtual trade is performed without refills in case of a repeat of the signal. The results of virtual trading in the form of losses / losses, profitability, drawdown and transaction lines are display
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Composite Index 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 the Composite Index? The Composite Index was developed by Constance Brown as a tool to overcome the failure swings of the RSI in trending markets. It combines RSI momentum (the difference between a slow and fast RSI) with a sm
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PRO VERSION This free indicator change timeframe of charts(up to 3) at the same time,by clicking a label. If you click the label(shown below),timeframe of charts will change. If you click again,timeframe of charts restore.
You can change the position of the label.
You can change charts up to 3 charts(a paid version enables up to15 charts). You can add second,third timeframe changer label.
This indicator is very useful for speed trading.
There is a more powerful PRO VERSION . The paid versio
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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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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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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.........
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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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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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This is a very simple multiple moving average indicator.
It can display 12 moving averages. The time axis of the moving averages can be changed in the input field of the indicator. The process is faster than the 12 moving averages included with MT4.
We also have a buffer set up so you can access it from an Expert Advisor. *For advanced users.
If you have any questions or requests, please message me.
Thank you. MT5 Version: https://www.mql5.com/en/market/product/124997
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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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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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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
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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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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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LotSize Indicator Discover the appropriate lot size to use in your trades based on the available margin. This indicator provides valuable information for risk management. If the indicator shows a value of 0, it means that your balance or available margin is insufficient for trading. It is important to maintain adequate margin levels for safe trading practices. This indicator is exclusively designed for the MT4 platform, a popular and reliable trading platform in the market. With the LotSize Indi
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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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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
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Commodity Channel Index and Moving Average [CCI MA] A combination of CCI and MA to create a crossover trading setup Input parameters: signal mode: set it to true if you want to plug it into STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart price line filter CCI period CCI price method Moving average period Averaging method upper level lower level You can find the best setting for 4 hour EURUSD on this video
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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
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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
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Fractal Divergence Channel is based on the fractal divergence patterns , representing them in the form of a channel with the borders changing the moment the next pattern appears. The upper border of the channel corresponds to the upper part of the last found bearish fractal divergence pattern. The lower border of the channel is the lower part of the last found bullish pattern (see screenshot 1). Compared to the FractalDivergence_Patterns indicator, the channel version has the same parameters wit
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Hello, This indicator is a unique high reliability 7-in-1 multicurrency indicator comprising these sub-indicator’s: A Trend Power Crossover Indicator. A Percent Change Crossover Indicator. A Currency Overbought/Oversold Indicator. A Currency Deviation Indicator. A Currency Impulse Signal Indicator. A Trend Power Indicator. A Currency Volatility Indicator. The main advantage of this indicator is that it's reasoning by currency and not by currency pair. The values of each sub-indicator are calcul
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Lord Info is an indicator for the financial market on the META TRADER 4 platform.
You can place Lord Info on any stock / currency pair on your platform.
Lord Info is able to show us the ATR report for the last (10) days or configurable, where we can see the base volatility of the pair, and its consequence.
The average true range (ATR) is an indicator of market volatility used in technical analysis. It is typically derived from the 14-day simple moving average from a series of real-range indi
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This indicator shows the strength of each currency compared to the US dollar by calculating the rate of change in price over a specified time period. When you open the indicator, you'll see a list of different currencies on the price chart. Each currency will have a numerical value indicating its strength level compared to the US dollar, where: If the value is higher than the US dollar, it will be displayed in green, meaning that currency is stronger than the dollar. If the value is lower than
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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
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The Ultimate Tool for Fine-Tuning Moving Averages
This is an advanced tool designed to simplify and optimize your Moving Average set up. With MA Tuner, you can effortlessly adjust key parameters(Period, Shift, Method, & Price) through a user-friendly panel and instantly access detailed statistics on how frequently candles cross the MA line and their open and close positions relative to it.
Why is it better than the standard Moving Average Indicator? While it draws the same MA line as the sta
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Mega Alert Level Indicator: A Simple Yet Valuable Tool The Mega Alert Level indicator provides sound, informational, push, and email notifications when the price of a currency pair touches or approaches standard support and resistance levels, as well as any other objects on the chart you select. Features: Notifications: Customize notifications to your preference—choose between Email, Popup, or Push. All settings are displayed in the upper right corner of the chart. Ease of Use: Simply attach th
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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
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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:
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Check my paid tools they work great and I share Ea's based on them for free please r ate
The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the broa
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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 .
_________________________________ ATR with Bands Indicator for Enhanced Market Volatility Analysis Introducing the ATR with Bands Indicator, expertly developed in MQL5, designed to take your forex market analysis
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P R I C E F O R C E A N A L Y Z E R This is a complex indicator that calculates the force of the price direction.
V E R Y I M P O R T A N T This is not a stand alone indicator. Use it together with your own strategy. This indicator only confirms your possible position. You can run it in any charts and timeframes but H1 is recommended. Make sure that the pair is volatile at the time of trading. If you don't have a solid volatility-based strategy yet, y
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Product Title Smart Williams' %R (MT4) – part of the SmartView series Short Description A Williams' %R indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique an
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Product Title Smart Alligator (MT4) – part of the SmartView series Short Description A Alligator 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 dist
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Abiroid Multi Slope indicator allows you to calculate a Slope Histogram for any line of any indicator . Histogram is for 1 slope line only, but slope values can be calculated for 3 lines total. To have multiple histograms, add as many Slope indicators for custom indicators as you like on chart. You just need to provide the Indicator name, buffer value, slope's period and max number of bars back. By default it has slope calculation for TDI_v4.ex4 indicator. There is no way to specify parameters f
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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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Powered by SVX Strategies Quant Team This indicator is a Smart Trend Regime Filter that changes its state based on internal market strength. Automated Trading Options:
Stop guessing the trend. Use our official algorithms for automated execution: Copy "Friday Pulse" (Conservative) Copy "SVX AI Systems" (High Growth) HOW IT WORKS
It fuses the smoothness of an EMA with the sensitivity of the RSI to filter out noise. Color Logic: Green Line: Bullish (RSI > 55). Buyers are in control. Red Line: Bea
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ATR-normalized slope oscillator designed to measure price acceleration relative to volatility. This zero-centered histogram clearly reflects trend strength, impulse changes, and divergence between price and momentum. The indicator does not repaint historical values and works on any symbol and timeframe. It can be used as a standalone analytical tool or as an external oscillator inside Dynamic_Divergence_Universal_PRT for professional divergence detection. https://www.mql5.com/ru/market/product/1
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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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The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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The indicator displays the trading statistics of the analyzed Market signal on the chart. Signal transaction data is presented in an excel (csv) file and can be taken from the Signal>Trading history ( Export to CSV: History ). The copied file must be saved to the directory MT4>File>Open Data Folder>MQL4>Files. Available color management and font output. If the currency names are different on the Signal and User accounts, use the Prefix and Suffix parameters. Utility options Prefix at Signal -
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Indicator is converted from another programming language code by programmer " sbtnc ". MQL version is simplified to be more useful by less settings complexity. There is some clues from programmer about indicator: The indicator tracks and reports the percentage of occurrence of daily tops and bottoms by the time of the day. At certain times during the trading day, the market reverses and marks the high or low of the day. Tops and bottoms are vital when entering a trade, as they will decide if y
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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,
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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 -
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This indicator is the translated version of Anıl ÖZEKŞİ's MOST Indicator, developed on the Matriks Data Terminal, into the MQL4 language. It is a trend-following indicator and quite successful. Its usage will be free and unlimited for a lifetime. You can click on my profile to access the MQL5 version of this indicator. You can also get your programming requests for MQL4 and MQL5 languages done at İpek Bilgisayar with an invoiced service. You can reach İpek Bilgisayar at www.ipekbilgisayar.org .
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A simple indicator showing the size of the spread at the current time, the maximum for the day and the maximum for the entire duration of the indicator.
Daily statistics of the maximum spread are also displayed, indicating the time when this spread was fixed.
The location of the display of the received information can be changed depending on your preferences and positioned anywhere on the screen.
It is possible to output alerts about exceeding the size of the spread specified in the input pa
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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
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SmartStochasticMt4 is a universal indicator for making trading decisions. An indispensable tool for novice traders, as it has no settings and is ready to work after installation.
Advantages of the indicator:
1. Works with any trading symbol
2. Works on any time period
3. Has no configurable parameters
4. Provides a complete picture of the trading situation from different time periods
5. Not late
Working with the indicator
1. To set the indicator
2. To exclude from the time of the release of im
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***IMPORTANT: This free indicator works with the paid for Strong Weak Forex Expert Advisor. The EA also depends on the following custom indicators: Strong Weak Heiken Ashi Strong Weak Parabolic Strong Weak Values Strong Weak Symbols Download them for free in the Market. The EA will not work without it. These are all custom indicators which the Strong Weak Forex Expert Advisor relies on to generate trading signals. If you have any problems with installation send me a message.
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Your attention is invited to the indicator Price Action Indicators. It doesn't need settings. And also it is not tied to more than one indicator, which makes it not vulnerable to different accounts or brokers.
Add one setting PERIOD
Regards, Mikhail
Вашему вниманию предлагается индикатор Price Action Indicators. Ему не нужны настройки. А также он не привязан не к одному индикатору, что делает его не уязвимым перед разными счетами или брокерами.
С Уважением Михаил
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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.
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This indicator idea comes from Tushar Chande called Qstick.
Technical indicators quantify trend direction and strength in different ways.
One way is to use the difference between close and open for each bar and to sum it up over a period of time.
The formual is:
Qstick (period ) = Average ((close-open ), period )
In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second is based
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O Afastamento da Média Móvel, é uma poderosa ferramenta de análise técnica projetada para fornecer uma representação visual do afastamento entre o preço atual e uma média móvel específica. Este indicador, desenvolvido para o MetaTrader, oferece aos traders uma perspectiva clara das mudanças na dinâmica de preço em relação à tendência de médio prazo. Versão MT5: https://www.mql5.com/pt/market/product/111704
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Introducing Demarker Jurik—an innovative indicator poised to revolutionize your forex trading strategy. This indicator combines the precision of custom moving averages based on the Demarker indicator with the MetaTrader 4 indicator, Demarker.
Jurik moving averages are renowned for their accuracy and reliability in analyzing price movements in the forex market. They offer traders smoother representations of price action, filtering out noise and providing clearer signals for identifying trends a
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The LWO is a tool that effectively indicates the end of trends. Being an oscillator, it has values between 0 and 100, defining the areas of hyper-sold and those of hyper-bought. Its effectiveness is due to the weighing of prices at the end of individual periods on a logarithmic scale; this allows you to have a perception of the will of the market.
The parameters
The indicator has only 2 settable values, period and smooth factor.
The period indicates how many bars the weighing is performed, whi
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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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"The trend is your friend, until the end when it bends". The "Hexa MA" custom indicator is a trend following indicator. It uses 6 Moving Averages to spot the trend and follow, and also to filter the bad signals for the fast Moving Averages. The basic is simple, yet the strategy is powerful.
Recommended settings for the indicator : - Moving Average periods : SMA 5, SMA 10, SMA 20, SMA 50, SMA 100, SMA 200. - Timeframe : M15 is the default. But any timeframe can be used. - Currency pair : Since i
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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)
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This MT4-exclusive indicator highlights Wide Range Bars (WRBs) directly on your chart, this indicator focuses on helping traders identify significant price movements and volatility shifts. Customizable settings allow users to adjust sensitivity, colors, and bar criteria.
Exclusive for members of my community. Any any assistance with the indicator DM me on discord.
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This indicator displays the historical bid and ask prices on the chart. This is an extremely useful tool for watching the spread rise and fall, as well as watching to see whether or not the bid and ask prices are converging or diverging. This tool will allow you to enter the market at just the right time. This indicator will help you stay out of the market when the spread begins to rise and help you get into the market as the spread begins to fall again.
ON SALE FOR FREE, GET IT FREE FOR A LIMI
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The indicator displays on the chart a map, on which markers show the current trading session, as well as shows a text. The indicator provides two types of background display: white and black. The indicator is displayed as the background and does not hinder tracking the current market situation.
Parameters: GMT - the time difference of the terminal and GMT. Background - selection of background - black or white.
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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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pappye indicator uses bolinger band to trigger it's signal ,it contain's pappye animation for alerting trading signals this alert is not continuous for the same arrow it will played 2 times only it could be used for any pair any time frame personally i prefer to inter a trade when there is to consecutive arrow in horizontal level after a breakout drift in a price but you could choose your way after trying the demo copy on your terminal
parameters fast : fast bolinger period slow : slow bolin
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Supertrend Moving Average A combination of Supertrend and Moving Average to create a converging trade setup Input parameters: signal mode: set it to true if you want to plug it into STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart turn on moving average signal for converging setup supertrend period ATR multiplier Moving average period Averaging method Pricing You can find the best setting for 4 hour EURUSD on this video
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Please remember to leave a review for improvements thank you Overview of Key Functionalities: Buy Signal Conditions : The Stochastic Oscillator's main line crosses above the signal line. The closing price of the current candle is higher than the previous candle's close. The current closing price is above the EMA (Exponential Moving Average). The Stochastic value is below 50. When these conditions are met, a buy arrow is plotted, and alerts (audible or push notifications) are triggered. Sell Sign
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The “ Ticks Overcome Signal ” indicator, as outlined in your provided code, is a custom tool designed for use with MetaTrader 4 (MT4), a popular platform for Forex trading. This indicator seems to focus on tracking the momentum and direction of price movements by counting consecutive up and down ticks. Here’s an overview of the psychological aspects, logic benefits, and usage instructions for this indicator on MT4: Decision Support : Traders often face psychological challenges in decision-making
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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
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Just Currency Strength is a simple, and easy to use as a market analysis tool. It could helps trader to understand the broder view of the market and forcasting the movemt of each currency symbol and trend direction of each specific currency pair. Parameters Timeframe (Move Timeframe box to move the pannel) Currency (Must NOT be less than 5 currencies) Refreshtime in second Colors Strong//Weak//Neutrial Alerts setting Alert On/Off Push notification On/Off Happy Trading...
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Read the application overview and reviews from other customers, download it right to your terminal and test a trading robot before you buy. Only on the MetaTrader Market you can test an application absolutely free of charge.
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