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Free Technical Indicators for MetaTrader 4 - 4

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.
FNCD (Fisher Normalized Cumulative Deviation) Indicator Overview The FNCD is a momentum oscillator that combines statistical normalization with the Fisher Transform to create a highly responsive yet smooth indicator. It measures how far price has deviated from its mean in terms of standard deviations, then applies the Fisher Transform to normalize the distribution. The result is a bounded oscillator with clear crossover signals, displayed as a two-color histogram against a signal line. How It Wo
FREE
Enhance your trading precision with the   WH  Trading Sessions MT4   indicator for MetaTrader 4! This powerful tool helps you visualize and manage key market sessions effortlessly. Based on : WH SMC Indicator MT4 MT5 Version :  WH Trading Sessions MT5 Key Features: Interactive GUI Panel   – Easily select and toggle between   Asia, London, and New York   trading sessions. Customizable Alerts & Settings   – Tailor the indicator to your strategy with an intuitive   Options Tab . Fast & Respons
FREE
Fakey Detector — False Breakout (Fakey) Indicator Fakey Detector is an indicator that automatically detects the classic Fakey pattern (false breakout of an inside bar) from Price Action and displays it on the chart using an arrow and breakout level. How it works: The Fakey pattern consists of three candles: Mother Bar — the largest by range Inside Bar — fully contained within the Mother Bar's range Fakey Candle — breaks out (up or down), but then closes back inside the range The indicator
FREE
Golden Wolf SMC Trendline is a professional market structure and Smart Money Concepts indicator for MetaTrader 4.   Golden Wolf SMC Trendline also works together with Golden Wolf SMC Trendline Alerts:  https://www.mql5.com/ru/market/product/179256 Golden Wolf SMC Trendline is the main visual indicator. It analyzes the chart and displays market structure, zones, signals and the current market condition. Golden Wolf SMC Trendline Alerts is a companion notification indicator. It reads information f
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About: Someone recently shared a pinescript with me. And asked me to convert it to MT4. I found the FVG blocks very effective as SR areas. So here it is. Enjoy!! What are Fair Value Gaps (FVG)? Fair Value Gaps occur when price moves so quickly that it creates an imbalance between buyers and sellers. These gaps represent areas where price "skipped" levels, creating potential zones for price to return and "fill the gap". Think of it as unfinished business in the market that often gets revisited.
FREE
Market Profile with Dashboard Indicator - Complete User Guide xau only indicator Overview The Market Profile with Dashboard is a comprehensive trading analysis tool for MetaTrader 4 that displays market profile data, volume analysis, and key market structure information directly on your chart. This indicator helps traders identify significant price levels, market balance areas, and potential trading opportunities based on market profile theory. Core Components and Features Market Profile Dis
FREE
GalaxyReversalPro — Trend  Signal Indicator GalaxyReversalPro is a signal-based trend indicator designed for traders who value simplicity, accuracy, and reliability. It’s extremely easy to use and requires no additional setup. The tool helps you enter new trends early and exit before corrections begin — maximum precision with minimal risk.The algorithm is based on structural-impulse analysis: it tracks local highs and lows, detects breakouts of key levels, and confirms trend reversals only af
FREE
Dual Time Frame Indicator – Candles in Candles for MT4 Overview The Candles-in-Candles Indicator is a multi-time frame visualization tool designed specifically for MT4. It overlays higher time frame candles onto your lower time frame chart, allowing you to see how smaller candles behave within larger ones. This approach enhances market structure analysis, sharpens trend identification, and clarifies price action—without the need to switch between charts. How It Works Select Your Lower Time Fram
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100% non-repaint MT4 indicator with advance pre alert Recommended candle timeframe M15 Trade expiry 15 minutes Call buffer 0 Put buffer 1 Intrabar   Pros Neural Network based Advance price action algorithms Advance trend filtering algorithms Advance consolidation filtering algo Pre-alert (get ready) signals Non-delay indications Auto-trading supported 100% Non repaint 100% No lag No recalculating Lifetime license Cons  Very few signals  Instructions to use 1  Do not enter a trade if pre-a
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Elliot's Triangle is taken from 1 of the 13 patterns within the Elliot Wave Theory that says social or crowd behaviour tends to reverse in recognisable patterns and of which they reveal a structural pattern that appears in nature, as well as the mass psychology of trading participants. From this, he has devised various identifiable patterns that appear in market prices. One of these is what I have named Elliot's Triangle. This triangular pattern appears to reflect a balance of forces, causing
FREE
HTF MACD – Trend-Aligned Signals (one subwindow, arrows on chart) What it does This indicator keeps you trading with the higher-timeframe trend while using MACD crosses for precise entries. In a single subwindow it shows: HTF Trend Histogram — green = uptrend, red = downtrend (neutral is hidden for a cleaner view) MACD Lines — blue = MACD main, orange = MACD signal Arrows on the price chart when a valid, trend-aligned MACD cross occurs Optional alerts on bar close Entry logic (strict, closed-ba
FREE
Smoothed HeikenAshi
Radek Reznicek
4.9 (10)
FREE Heiken Ashi Smoothed   indicator is fully adjustable, easy to use and comes with possibility to access the indicator via   iCustom  function so you can use it in your own trading software. Indicator can also pop up alerts when signal changes or send push notifications. For Metatrader 5 version click here:  https://www.mql5.com/en/market/product/70825 For detailed information click:   >>HERE<< Features Easy to use Accessible via iCustom Fully adjustable Alerts and Push notifications Possib
FREE
Star Reversal Pro
Steffen Reinhold Noll
Star Reversal Pro - Morning & Evening Star Pattern Detector with Advanced Filters Star Reversal Pro is a professional technical indicator for MetaTrader 4 that automatically detects Morning Star and Evening Star candlestick patterns. The indicator features an intelligent trend filter and Higher Timeframe confirmation to improve signal quality and reduce false signals. Main Features: The indicator precisely detects Morning Star (bullish reversal signal) and Evening Star (bearish reversal signal)
FREE
Quick Drawing MT4 - The Ultimate One-Click Charting Tool (100% FREE) Are you tired of constantly navigating through default MetaTrader 4 menus just to draw a simple rectangle or trendline?   For traders who rely on precision and speed—especially Price Action, Smart Money Concepts (SMC), Inner Circle Trader (ICT), Supply & Demand (SND), and Support & Resistance (SNR) traders—every second counts. Marking your charts should be seamless, not a chore. Quick Drawing   is a lightweight, highly customiz
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Donchian Channels trend mt4
Ulises Calderon Bautista
### Donchian Channels Trend v1.0 A trend-following breakout indicator that encapsulates price action within a dynamic envelope based on historical highs and lows. Originally conceptualized for TradingView, this tool provides a clear visualization of the directional bias using state memory. **How it works** The algorithm calculates the absolute maximum and minimum values over a specified lookback period. It utilizes a finite state machine (FSM) to maintain the current trend direction based on s
FREE
Show Pips
Roman Podpora
4.26 (58)
This information indicator will be useful for those who always want to be aware of the current situation on the account. The indicator displays data such as profit in points, percentage and currency, as well as the spread for the current pair and the time until the bar closes on the current timeframe. VERSION MT5 - More useful indicators There are several options for placing the information line on the chart: 1. To the right of the price (runs behind the price); 2. As a comment (in the upper
FREE
Trend WTS
Tareq Zead Mousa Alhawatmah
Trend WTS — Advanced Modular Trend & Signal Indicator for XAUUSD (M5 Optimized) Unlock precise trading insights with Trend WTS , a powerful and modular trend and signal indicator designed specifically for XAUUSD on the M5 timeframe. Built for traders seeking accuracy and clarity, Trend WTS combines fast moving average crossovers with a long-term EMA filter to deliver reliable buy and sell signals tailored for the gold market. Key Features: Dual Moving Average Trend Detection: Detect strong trend
FREE
Market Profile 3
Hussien Abdeltwab Hussien Ryad
3 (2)
Market Profile 3 MetaTrader 4 indicator  — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible t
FREE
AW Classic MACD
AW Trading Software Limited
4.8 (5)
Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications Benefits: Works on all instruments and timeseries Trend indicator with   oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert MT5 version ->  HERE  / Our news ->  HERE   How the indicator works: AW Classic MACD - Indicator of
FREE
SellBuySMCB
Otmane Achandir
SMC Trading Indicator - Smart Money Concepts Analysis Tool Market Structure Analysis Indicator Based on Smart Money Concepts This MT4 indicator implements Smart Money Concepts (SMC) methodology to analyze market structure and identify key price levels. The tool visualizes institutional trading concepts on your charts for educational and analytical purposes. IF YOU LIKE MY FREE SERVICE PLEASE RATE ME 5 START Key Features Analyzes institutional money flow patterns based on SMC methodology Displays
FREE
Kumo Forge PRO MT4
Kestutis Balciunas
Kumo Forge Pro is a non-repainting adaptive Ichimoku trading system for MetaTrader 4. It goes far beyond the standard Ichimoku indicator by adding an adaptive volatility engine that automatically scales Tenkan-Sen, Kijun-Sen, and Span B periods based on real-time market conditions, a 9-factor confluence scoring engine rated 0--110 points, five independent signal types (TK Cross, Kijun Bounce, Cloud Edge Bounce, Chikou Breakout, and Kumo Breakout), a Momentum Pulse Engine, a Smart TP/SL system wi
FREE
Ut Bot Indicator
Menaka Sachin Thorat
5 (1)
Evolutionize Your Trading with the UT Alert Bot Indicator for MQL4 The UT Alert Bot Indicator is your ultimate trading companion, meticulously designed to give you an edge in the fast-paced world of financial markets. Powered by the renowned UT system, this cutting-edge tool combines advanced analytics, real-time alerts, and customizable features to ensure you never miss a profitable opportunity. Whether you’re trading forex, stocks, indices, or commodities, the UT Alert Bot Indicator is your k
FREE
Trend Master Ultra MT4  — Intelligent Trend Filter Trend Master Ultra   is a professional-grade trading system designed to separate real market trends from deceptive noise. Unlike standard arrow indicators, it doesn't just react to price spikes—it validates every signal using a built-in multi-stage filtration engine. Advanced Signal Filtering The core of TrendMaster Ultra combines the power of three legendary indicators to ensure high-probability entries: ADX (Trend Strength):   Automatically f
FREE
Descent Blade MT4
Kestutis Balciunas
The Descent Blade Indicator is a non-repainting trend reversal signal system for MetaTrader 4. It combines a Wilder Parabolic SAR with a one-bar lagging variant for entry detection and a Bill Williams Fractal layer for take profit and re-entry signals. Every signal is calculated on a confirmed bar close — historical signals never move, change, or disappear once printed. The system addresses the core problem of raw Parabolic SAR trading: the standard SAR flips frequently in choppy conditions, gen
FREE
Limited-time free release: this indicator is free while we collect real trader feedback. Please leave a comment with requests, issues, settings ideas, or features you want us to consider for future versions. Order Block Sweep Signals marks fresh bullish and bearish order-block zones after a structure break, then highlights rejection signals when price retests or sweeps the zone. It is built for traders who want cleaner price-action zones instead of a crowded chart full of old rectangles. Common
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Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Overview OA SnR Power is a powerful tool designed for traders to identify and assess the strength of support and resistance levels. By incorporating key factors such as trading volume, rebound frequency, and retest count, this indicator provides a comprehensive view of critical price zo
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VR Donchian
Vladimir Pastushak
4.87 (15)
The VR Donchian indicator is an improved version of the Donchian channel. Improvements affected almost all functions of the channel, but the main operating algorithm and channel construction were preserved. A change in the color of levels has been added to the ball indicator depending on the current trend - this clearly shows the trader a change in trend or flat. The ability to inform the trader about the breakout of one of two channel levels on a smartphone, email, or in the MetaTrader terminal
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Session VWAP Bands MT4
Mattia Marco Platania
Limited-time free release: this indicator is free while we collect real trader feedback. Please leave a comment with your requests, issues, settings ideas, or features you want us to consider for the premium version. Session VWAP Bands plots the session volume-weighted average price and adaptive deviation bands directly on the chart. It helps you see where price is trading relative to the current session's fair-value area. Use it to spot Price holding above or below session VWAP. Mean-reversion
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Free classic FVG indicator: FVG Imbalance Zones stays free as the classic MetaCoderStore Fair Value Gap tool. Please leave a comment with your requests, issues, settings ideas, or features you want us to consider for future updates. FVG Imbalance Zones is a free MT4 chart indicator that automatically marks bullish and bearish fair value gap zones. It scans three-candle price imbalances, filters out small gaps, and manages zones as price interacts with them. Use it to spot: Bullish fair value gap
FREE
CANDLE TIMER: An Intuitive Candle Close Time Notification Indicator CANDLE TIMER is an essential auxiliary indicator that helps traders check the remaining time until the current candle on the chart closes in real time. It is particularly useful for day trading or for determining precise entry and exit timing in highly volatile markets. ※ Your reviews and comments provide great encouragement for the development of this program. Thank you. Key Features: Real-time Countdown: Displays the minu
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A Fibonacci indicator is best used with other indicators like Pivots, Support/Resistance etc. Price tends to use Fibo levels as Support or Resistance lines. So, this indicator is very useful to know when price might reverse or if a level is crossed, price might continue the trend. Also, to find the best Take Profit and StopLoss lines. Don't use Fibo Indicator alone for trading as it might not always be accurate. Use it to make your strategies better as a supporting indicator. Settings: Auto Fib
FREE
Currency Strength Meter Dashboard Indicator Overview The Currency Strength Meter Dashboard is a professional-grade MetaTrader 4 (MT4) indicator developed by fxsignalspot.com . It provides traders with a comprehensive, real-time view of currency strength across 8 major currencies (USD, EUR, GBP, CHF, CAD, AUD, JPY, NZD) and 28 currency pairs. The indicator features an interactive on-chart dashboard with multiple display modes, customizable color-coded strength zones, trend/range meters, trade bia
FREE
Tipu RSI
Kaleem Haider
4.59 (34)
Tipu RSI Features 28 symbols, multi-time frame powerful Dashboard for the full market view Customizable Buy/Sell alerts, push alerts, email alerts, and visual on-screen alerts. Marked overbought and oversold levels. Three colors RSI that marks the normal, oversold and overbought levels. The relative strength index (RSI) is an oscillator devised by J. Welles Wilder in his famous book New Concepts in Technical Trading Systems in 1978.1 He also introduced Parabolic SAR (see Tipu Parabollic SAR Pane
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Gold Dasboard is a complete analysis dashboard for XAUUSD traders. It combines six analytical modules into a single compact panel that helps you decide what direction to trade, when to enter, and which levels to watch. USD Strength is calculated in real time across four timeframes using seven major USD pairs. Color-coded bars and a directional bias summary show you instantly how dollar movement is affecting gold. DXY Correlation tracks the Dollar Index and its inverse relationship with gold. T
FREE
VWAP Level
Francesco Lenza
4.75 (8)
The VWAP Level indicator is a technical analysis tool that calculates the weighted average price for the traded volumes of a specific asset. The VWAP provides traders and investors with the average price of an asset over a specific time frame. It is commonly used by investors to compare data on "passive" trading operations, such as pension funds and mutual funds, but also by traders who want to check if an asset has been bought or sold at a good market price. To calculate the VWAP level we us
FREE
AW Candle Time
AW Trading Software Limited
5 (5)
Indicator of time until the end of the candle. Shows the time until the end of the candle, as well as the server time. Text can display the trend or direction of the candle, sound notifications are built in Peculiarities: Displays the time until the end of the current candle as well as other timeframes that can be adjusted or disabled if necessary AW Candle Time can select the direction of the current candle or trend with the AW Super Trend indicator The trend strategy is highlighted in the sele
FREE
Limited-time free initial release. Squeeze Momentum Breakout Signals MT4 is free while MetaCoderStore collects real trader feedback. Please leave a comment with requests, issues, settings ideas, or premium-version features you want considered. Squeeze Momentum Breakout Signals MT4 detects volatility compression with Bollinger Bands inside Keltner Channels, then highlights bullish or bearish release bars when momentum expands after the squeeze. Use cases Find markets moving from quiet compression
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-- Simple but effective. Inversion Indicator -  What is it? A trend-following overlay indicator that combines SuperTrend logic with exponential curve technology. It detects trend direction, draws a dynamic channel on the chart, and sends real-time alerts when the trend reverses. How does it work? The indicator calculates an exponential baseline using ATR and a SuperTrend factor. When price closes above or below this baseline, a trend reversal is confirmed. A green arrow marks the start of a
FREE
The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. For higher probability setups I can recommend you to use my  Supply Demand indicator  and trade only if the divergence occurs inside a zone. Supply zone for bearish div and demand zone for bullish div. T
FREE
Discover the potential of the "Wedge Pattern MT4," an innovative indicator designed exclusively for MetaTrader 4. This tool empowers traders of all levels to easily identify wedge patterns in market movements, enhancing decision-making and trading strategies. With its advanced pattern recognition capabilities, Wedge Pattern MT4 provides timely insights that can lead to profitable trading opportunities. Whether you're looking to identify trend reversals or continuations, this indicator is essenti
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AT LAST! A stochastic indicator for MT4 that shows multiple time frames on one chart ! See the actual position of the main and signal lines in 4 separate time frames instantly to help you make educated trading decisions.A true MTF stochastic indicator for traders that need to see visually what the indicator is telling them on multiple time frames, no arrows that just point up or down or numbers displayed. No more flicking between time frames to see where other stochastics are positioned! Stay on
FREE
Average Price Plus
Roberto Maia
5 (3)
Average Price Plus is an essential indicator for day-to-day operations. With it, you can graphically check the average price between several open orders on your chart. The average price is the breakeven point between your orders. In addition to the average price, the indicator also shows you the number of pips and the financial value resulting from your open orders, the percentage gains, the number of lots in operation and the number of open orders. Negative values in "pips" or in financial val
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YK Find Support And Resistance
Peechanat Chatsermsak
5 (1)
The " YK Find Support And Resistance " indicator is a technical analysis tool used to identify key support and resistance levels on a price chart. Its features and functions are as follows: 1. Displays support and resistance levels using arrow lines and colored bands, with resistance in red and support in green. 2. Can be adjusted to calculate and display results from a specified timeframe using the forced_tf variable. If set to 0, it will use the current timeframe of the chart. 3. Uses the
FREE
Breakout Box
Claus Dietrich
4.33 (24)
BREAKOUT-SESSION-BOX LONDON EU US ASIA Open watch the expectation of a volatile movement above or under the opening range We take the high of the range as Entry for a long trade and SL will be the low of the range and vice versa the low of the range as Entry for a short trade and the high for SL The size of the range is the distance to the TP (Take Profit) The range of the opening hours should not be larger than about 1/3 of the average daily range 4 breakout examples are already predefined: A
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Color Levels
Roman Podpora
4.82 (33)
Color Levels is a convenient tool for traders using a Trendline and a Rectangle in their technical analysis. It allows setting two empty rectangles, three filled ones, and two tredlines. The indicator parameters are very simple and divided into numbered blocks: The ones beginning with 1 and 2 - empty rectangle (frame) parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters. Simply click a desired object and it will appear in the upper left corner. Main Adjustable Pa
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Apex Trend Genesis 4 is a professional trend-following indicator based on a deeply modified SuperTrend algorithm. Its key differentiator from standard versions is the unique Smart Gap Filter module. This module protects the trader from false signals caused by price gaps at session openings or during high-impact news volatility. The indicator is fully adapted to modern market conditions, employing a powerful combination of noise filtering methods and dynamic volatility assessment. Key Advantage:
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Limited-time free release: this indicator is free while we collect real trader feedback. Please leave a comment with your requests, issues, settings ideas, or features you want us to consider for the premium version. Cumulative Delta Flow MT4 is a separate-window tick-volume flow oscillator for MetaTrader 4. It estimates signed buying and selling pressure from candle position, candle direction, and tick volume, then plots a cumulative delta line with a signal line and divergence markers. Use it
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My products   Important:   Quantum SuperTrend AI Alerts MT4 works together with   Quantum SuperTrend AI MT4 . Quantum SuperTrend AI Alerts MT4 Quantum SuperTrend AI Alerts MT4 is a notification and dashboard add-on for Quantum SuperTrend AI MT4 . It reads the signals from the main Quantum SuperTrend AI MT4 indicator and sends alerts when a new trade signal or exit signal appears. This tool is designed for traders who already use Quantum SuperTrend AI MT4 and want to receive clear notification
FREE
MP Squeeze Momentum is a volatility and momentum indicator derivated of "TTM Squeeze" volatility indicator introduced by John Carter. It capitalizes on the tendency for price to break out strongly after consolidating in a tight range. Introduction: The volatility component of MP Squeeze Momentum measures price compression using Bollinger Bands and Keltner Channels. If the Bollinger Bands are completely enclosed within the Keltner Channels, that indicates a period of very low volatility. This st
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TRADING STRATEGY GUIDE DELIVERY The full Trading Strategy Guide will be sent directly to you after purchase. Just message me on MQL5 and ask for it — you'll receive it instantly, along with priority support and setup help. Powered Market Scanner for Smart Trading Decisions Keypad Support & Resistance is a next-generation MT4 trading system built for serious traders who demand precision, reliability, and clarity. It combines advanced smart filters with real-time price structure logic to gener
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Iceberg Divergen Indicator
Komang Putra Riswanjaya
5 (3)
Iceberg Divergence Indicator will help traders to find divergent patterns that occur on the charts very easily and simply This indicator will visualize divergences pattern that occur on the chart by combining it with an awesome oscillator indicator Key Features Easy to use : The Iceberg divergent indicator is made as simple as possible so that it is easy to use Pattern Visualization : Divergent patterns will be visualized on the live chart Precision : The indicator detects divergent patterns wi
FREE
TCL adaptive super bands
Stratos Digital (PVT) Ltd
Adaptive Super Bands is a volatility band indicator for MetaTrader 4 and MetaTrader 5. Unlike traditional Bollinger Bands, which use Standard Deviation with equal weighting across all bars, this indicator uses an Exponentially Weighted Moving Average (EWMA) variance model. EWMA places more weight on recent price action, allowing the bands to respond more quickly to changes in volatility. The indicator includes a market regime filter and a volatility-compression detector. Core Components 1. E
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Magnet Price
Ramiz Mavludov
5 (1)
Magnetic Price Finder indicator, the average price to which the price tends to return. Optimized for XAUUSD H1. It has 3 lines, the central one being the price to focus on. Based on historical data, the success rate of returning to the average price was over 92% with default settings; in other cases, the stop loss, which is set by default, was triggered. The entry point and entry time are approximately at the beginning of the day, and for convenience, the first candle of the new day is marked wi
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The SuperTrend indicator is a trend-following technical tool that visually highlights trend reversals in the market. The color and position of its lines change automatically based on price movements, supporting both entry and exit decisions. With a simple design, it can be used in a wide range of trading styles, including discretionary and automated trading. Main Features Clear display of trend reversals During uptrends, the line is drawn below the candlesticks; during downtrends, it is drawn a
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MA Assistant MT4 Introduction Visual Trend Detection   – Instantly identify bullish and bearish market movements using smooth and colorful chart zones MA Crossover Alerts   – Receive real-time alerts when fast and slow moving averages cross Multi-Timeframe MA Heat Map   – Analyze moving average conditions across multiple timeframes in one clear table MA Difference Measurement   – Displays the difference between two moving averages every 10 candles to help measure trend strength and momentum Prof
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The ZUP is based on two ideas. Idea 1 - combine a variety of methods for identifying extremums (minimums and maximums) on the market price charts in a single indicator. Idea 2 - make it possible to easily bind various graphical tools, which allow to analyze the market behavior, to the identified extremums. To implement the first idea , the following has been made in the indicator. Included multiple ZigZag algorithms. Standard ZIGZAG algorithm. The basis of this algorithm is taken from the ZigZag
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The Matrix Arrow Indicator Multi Timeframe Panel MT4 is a free add on and a great asset for your Matrix Arrow Indicator MT4 . It shows the current Matrix Arrow Indicator MT4 signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT4 consists of. All of the 10 standard indicators attributes are also adjustable, as in the Matrix Arrow Indicator MT4 . The
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Trade History for MT4  This indicator is specially developed for that traders want to display his trades on the charts. Shows history and current deals on the chart. Trades show on the chart with a dotted line, and profit will show realtime. Buy trades are displayed in bull color, Sell trades in bear color. Tip: The historical order displayed by the indicator is associated with the "Account History", so please set the historical order display in the "Account History" of MT software. If you a
FREE
Volatility Ratio
Noiros Tech
4.27 (15)
YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD The Volatility Ratio was developed by Jack D. Schwager to identify trading range and signal potential breakouts. The volatility ratio is defined as the current day's true range divided by the true range over a certain number of days N (i.e. N periods). The following formula is used to calculate the volatility ratio: Volatility Ratio (VR) = Today's True Range/Tru
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Kalman Trend Filter – Professional Adaptive Trend Smoother The most accurate and mathematically optimal trend estimator for MetaTrader 4. Built on the classic Kalman Filter (optimal state estimator used in aerospace, robotics and quantitative finance), this indicator delivers a clean, adaptive trend line that reacts intelligently to market noise. Why Kalman Filter? Unlike moving averages or standard smoothers, the Kalman filter continuously estimates the “true” trend while automatically adjust
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Limited-time free release: Relative Volume Breakout Signals MT4 is published free while MetaCoderStore collects trader feedback, comments, and feature requests. Relative Volume Breakout Signals measures the current bar tick volume against its recent average and marks range breakouts that happen on unusual participation. Use cases Identify breakouts with stronger-than-normal tick volume. Filter quiet range breaks from high-participation expansion moves. Feed relative-volume and signal buffers int
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Dark Inversion
Marco Solito
4.31 (32)
Dark Inversion  is an Indicator for intraday trading. This Indicator is based on Counter Trend  strategy but use also Volatility. We can enter in good price with this Indicator, in order to follow the inversions on the current instrument. Hey, I made an Expert Advisor based on this indicator, if you are interested: Dark Titan Key benefits Easily visible Inversion Lines Intuitive directional arrows Automated adjustment for each timeframe and instrument Easy to use even for beginners Never repai
FREE
Keltner Channel MT4
Muhammad Robith
4.71 (7)
Keltner Channel is a well known indicator that not in MT4's indicators default lineup (You can get this from your broker somehow). This indicator helps you to define trend and sometimes overbought/oversold prices during flat trend. Input Description: EMAperiod: Moving Average period used for indicator. Must be higher than 1. ATRperiod: Average True Range period used for indicator. Must be higher than 1. multiplier: Multiplier used for determine channel's wide. Must be higher than 0 but may not b
FREE
THE BRAIN SMC ULTIMATE   "Trade Like an Institution, Analyze Like a Professional" Are you tired of cluttered charts, lagging indicators, and conflicting signals? Welcome to the era of Clean Trading. The Brain SMC Ultimate is engineered for traders who prioritize visual clarity without sacrificing data accuracy. Utilizing the latest Smart Money Concepts (SMC) algorithms, this indicator maps institutional footprints directly onto your MetaTrader 5 chart. CORE PREMIUM FEATURES Smart Entry Guidan
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Direction Change Detector - A trend indicator that divides the balance between bullish and bearish movements. It has two lines of arrows with signals confirming their directions. It can work as a standalone indicator for finding a trend or an additional tool for opening trades and following the directions of signals. Adaptive to any Market and Time Frame. Does not repaint its readings on history. There are several types of alerts. Green arrows pointing up determine the bullish price direction. O
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UPD1 X00 Levels
Vitaliy Kuznetsov
5 (10)
The indicator shows   round levels   on the chart. They are also called   psychological , banking, or levels of major players. At these levels, there is a real fight between bulls and bears, the accumulation of many orders, which leads to increased volatility. The indicator   automatically   adjusts to any instrument and timeframe. When the   level 80   is broken through and then tested, we   buy. When   level 20   is broken through and then tested, we   sell. The target is 00. Attention. Due t
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MA Ribbon Flow MT4
Komang Putra Riswanjaya
MA Ribbon Flow MA Ribbon Flow is a trend visualization indicator that combines 20 Moving Averages into a single ribbon-like structure. The purpose of this indicator is to help traders validate whether a trend has truly changed direction or if the market is only experiencing temporary pullbacks or noise. By observing the flow, alignment, and spacing between the MA ribbons, traders can identify: Trend strength Trend continuation Potential reversals Momentum expansion and weakening The indicator
FREE
Candel Clock Spread MT4
Mr Sakkarin Panya
4.33 (3)
Show the time of candlesticks and spread. All data will be displayed in a rod. Can change color Can fix the size as needed MT4 : Link   https://www.mql5.com/en/market/product/102742 MT5 : Link   https://www.mql5.com/en/market/product/102834 Most free code on various websites I didn't write it myself. I only do a little bit. If you like it, please give 5 stars with it. Thank you.
FREE
Auto Supply and Demand Oscillator is an indicator for MetaTrader 4 and MetaTrader 5 that detects supply and demand zones automatically and displays them as a single oscillator value at the bottom of the chart, instead of drawing rectangles directly on price. Concept Supply zones are price areas where strong selling created a sharp downward move away from a balance area. Demand zones are price areas where strong buying created a sharp upward move. Traditional implementations draw boxes on the
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Limited-time free release: Market Structure BOS CHOCH Signals is free while MetaCoderStore collects real trader feedback. Please leave a comment if you want extra filters, alert styles, or scanner behavior in the next update. Market Structure BOS CHOCH Signals marks structural continuation breaks and change-of-character reversal breaks directly on the chart, then exposes stable buffers for EAs and dashboards. Use cases Identify bullish or bearish break of structure after confirmed swing highs an
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