Free Technical Indicators for MetaTrader 4 - 6

======================================================== XAUUSD ELLIOTT WAVE + REAL YIELD (BIG DASHBOARD) - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ======================================================== OVERVIEW ------------------------------------------------------- **XAUUSD Elliott Wave + Real Yield (Big Dashboard)** is the dashboard edition of the Elliott + real-yield engine: the same ZigZag/Elliott structure and ma

The Median Cross Indicator is a powerful tool for Forex and other financial markets. Unlike traditional moving averages, it plots two median lines and generates arrows and alerts when they cross, helping traders spot potential trend changes and entry points faster and more reliably. The median price represents the middle value of the price range, making it less sensitive to spikes, outliers, or short-term market noise than a moving average. This makes the indicator especially useful during vola

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.

ForexFanclub(FFC) : For detailed instructions and our official website, please visit my profile ! BreakLine   - Advanced Breakout Alert Tool BreakLine   is a powerful and intuitive indicator designed to elevate your technical analysis. It automates the process of identifying key market levels and instantly notifies you when the price breaks through them, ensuring you never miss a critical trading opportunity. Key Features Automatic Line Drawing:   Instantly detects swing highs and lows to plot o

TCL Boom Crash is a signal indicator for MetaTrader 4 that combines a Relative Strength Index (RSI) layer, Stochastic oscillator confirmation, optional RSI divergence detection, and a multi-factor trend filter. Signal arrows are plotted on the chart when the configured filters agree. How It Works Each potential signal is built from three layers: RSI crossing its overbought or oversold level, Stochastic oscillator confirmation, and optional RSI divergence detection. A separate trend filter using

The IT Trend Colored indicator is a powerful tool designed by IT Trading (InfiniteTrades Software Corp) to assist traders in visually and effectively identifying market trends. This version is a custom indicator for the MetaTrader 4 trading platform. Key Features: • Trend Identification: The indicator uses a combination of simple moving averages (SMA) to determine the direction of the market trend. • Intuitive Coloring: Upward trends are represented by bold green histograms, downward trends

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

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

The London breakout is an indicator that is designed to give London moves signals and performance. London session is such a very volatile trading hours and anticipating a breakout from one of the slowest trading sessions (Asian session) can result to potential trading profits. London breakout is a very common trading strategy among retail traders. This indicator will track previous London breakouts, calculate their trade outcome based on an input TP and SL factor and display the results on a sim

A simple indicator that automatically highlights all FVGs (Fair Value Gaps) formed on the chart, as well as FVGs on history. It is possible to select colors for FVGs of different directions (long or short), select the time interval, select the color of middle point and you can also choose whether to delete filled FVGs or leave them on the chart (the option is beneficial for backtesting). The indicator can be very useful for those, who trade according to the concept of smart money, ICT, or simply

Discover the power of precision and efficiency in your trading with the " Super Auto Fibonacci " MT4 indicator. This cutting-edge tool is meticulously designed to enhance your technical analysis, providing you with invaluable insights to make informed trading decisions. Key Features: Automated Fibonacci Analysis: Say goodbye to the hassle of manual Fibonacci retracement and extension drawing. "Super Auto Fibonacci" instantly identifies and plots Fibonacci levels on your MT4 chart, saving you tim

This is a Sharkfin Arrows Indicator. Detailed explanation and TDI extras: https://www.mql5.com/en/blogs/post/759138 This indicator will show only Arrows. It does not have TDI symbols on chart. Please get the extras from links above for TDI indicators. Sharkfin Scanner (paid): https://www.mql5.com/en/market/product/123566 TDI Scanner Dash (paid): https://www.mql5.com/en/market/product/41826 About: This Indicator finds the Shark Fin Pattern. It will show an arrow in the current bar if RSI sha

Renko Chart with Moving Average. Classic Renko charts idea. It is protted on main chart and Moving Average can be applied. Prices for bars are used from a lower timeframe. Parameters: BarsBack - how many bars of lower timeframe to use. If value is zero than it will use all available bars. LTF - lower timeframe. BrickSize - Renko bar in points. BullishColor - color for bull candle. BearishColor - color for bear candle. HideLineChart - if this value is true the line chart when be hidden when sele

CandleStick Countdown – Candle Remaining Time Indicator CandleStick Countdown is a simple and practical MT4 indicator that displays a real-time countdown of how many minutes and seconds remain until the current candle closes. It helps improve trading timing accuracy and is widely used by traders. Main Features Displays the remaining time of the current candle in a "minutes:seconds" format Shown as text on the chart for high visibility Automatically adjusts position near the current price for eas

YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD This system is an Heiken Ashi system based on RSI calculations . The system is a free open source script originally published on TradingView by JayRogers . We have taken the liberty of converting the pine script to Mq4 indicator . We have also added a new feature which enables to filter signals and reduces noise on the arrow signals. Background HEIKEN ASHI Th

indicators to facilitate analysis based on Oma Ally's BBMA strategy by displaying CSAK (CSD), CSM and Extreme labels on the chart 1. Displays the Bollinger Band line 2. LWMA 5-10 High and Low 3. EMA 50 4. Fibonacci 5. MHV . area 6. Alert & Show labels BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands   BBMA consists of 3 types of entries: Extreme MHV Re-Entry   Moving Average Settings: There are 5 MAs used in the system: 2 High Moving Averages, 2 Low Moving Averages and

Super trend is one of the best trend indicators in metatrader 4 (MT4). Triple SuperTrend indicator is an indicator that consist of three super trend indicator that can be aranged. This indicator is built by mql4 language and doesn't provided by MT4 platform. Highly recommended using EMA SuperTrend Strategy Indicator if you want to get better result in here: https://www.mql5.com/en/market/product/91664 This indicator is easy to use, power full and has many benefits, there are: Using three indic

The   Swing High Low Indicator   is an essential tool for traders who rely on price action. It automatically marks key reversal points (swing highs in red, swing lows in green), helping you visualize trends, spot breakouts, and draw precise trendlines. By highlighting these critical levels, the indicator reveals market structure shifts—whether the trend is strengthening, reversing, or entering consolidation. Perfect for all timeframes and strategies, it turns raw price data into actionable tradi

A kernel regression that does not repaint, which is the whole point. Nadaraya Watson Envelope MTF draws a smooth centre line through price and an error envelope around it, marks the bars where price came back inside after stretching out, and computes every bar from the bars behind it only, so a closed bar never moves. The usual charting-site version of this line is fitted two-sided and rewrites itself under your feet; this one is causal by construction. Free, no trial, no locked functions. The q

This indicator allows to analyze a chart using the rule of supple and demand. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Chart zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of zones calculation. Color and type of zones displaying are set as desired. The zone width can be displayed in pips.

Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d

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

======================================================== GOLD WAVE LEVELS (ELLIOTT-ALIGNED) - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ======================================================== OVERVIEW ------------------------------------------------------- **Gold Wave Levels** draws a tested wave backbone for gold and validates signals against **Elliott theory hard-rules**, with higher-timeframe context and per-timeframe

We Trade Live Trend Max 500-1000 Pips Our team of engineers have programmed a great tool which we have used to success and will aid you in making better decisions when placing a trade, it is better than anything available on the market at the moment! try & Test Against other products and see for yourself how amazing this is. Our Main Objective is to help you as traders discover how you can take a simple trading setup and make consistent profits. We provide the fundamentals needed to trade the ma

-- 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

Our offer also includes a free panel — Indicator Panel — which allows you to show or hide indicators created by BOToBRACIA ->  MT4  /   MT5 Our offer also includes a version for MetaTrader 5 ->  https://www.mql5.com/en/market/product/171227?source=Site+Market+My+Products+Page High and Low Points is a practical technical analysis indicator that plots levels corresponding to the highs and lows from previous periods (day / week / month) — levels that, in the Smart Money Concepts (SMC) and ICT app

We present you an indicator that not only improves the visual aspect of the chart, but also gives it a lively, dynamic character. Our indicator is a combination of one or more Moving Average (MA) indicators, which constantly change their color, creating an interesting and colorful look. This product is a graphical solution, so it is difficult to describe what it does in text, it is easier to see by downloading it, besides the product is free. This indicator is suitable for bloggers who want to

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

This Indicator is a affordable trading tool because with the help of Popular Developers & Support of M Q L Platform I have programmed this strategy. I tried to combine logic of Moving Averages, Parabolic Stop And Reverse, Trend Strength, Oversold, Overbought . Furthermore, I have also care about Support Resistance that Trader can easily get in touch with market by selecting one indicator only. What is in for Trader? Trading Modes: This selection is for activate whole strategy "Power Average" Sp

RSI Divergence same as Tradingview -  Description RSI Divergence is a technical indicator for MetaTrader that plots the Relative Strength Index in a separate window and automatically detects and draws regular bullish and bearish divergence between price and RSI. Ported from a TradingView Pine Script version, so the calculation and pivot logic match what many traders already use on TradingView. A bullish divergence is marked when price makes a lower low while RSI makes a higher low, suggesting do

The Pivot Point Shift Supertrend Indicator is a non-repainting trailing supertrend system for MetaTrader 4. Unlike classic SuperTrend which anchors its bands to the moving   hl2   midpoint, this indicator anchors them to a weighted average of confirmed pivot points. The result is a trailing line that holds steady through normal volatility and only flips when market structure genuinely shifts. The indicator detects pivot highs and pivot lows using a configurable lookback (default: 2 bars on each

Crossing Line Indicator - An indicator designed for early detection of impulse movements in the direction of the trend. Contains an oscillator built on the RVI indicator using smoothing and behavior modification. Two thin lines at the intersection of which a moment of price change occurs, the consequence of which may be an impulse or intensive movement. The indicator for determining the trend direction is built on weighted MA indicators. A thick light green line, if it is below the central leve

Advanced SMC & Volumetric Order Block Indicator Overview This enhanced-grade for MetaTrader 5 indicator is designed to decode market behavior using     Smart Money Concepts (SMC)   method . It goes beyond standard price action analysis by integrating     Volumetric Data   directly into market structure, helping traders identify high-probability reversal and continuation zones with precision. Key Features Volumetric Order Blocks:   A unique, split-gauge visualization within Order Block zones tha

G2 SMC SYSTEM INDICATOR by Ida Bagus Putu Mahardika PROFESSIONAL SMART MONEY CONCEPTS (SMC) INDICATOR G2 SMC System Indicator is a comprehensive Smart Money Concepts trading tool that reveals institutional footprints in real-time. Designed for traders who want to think and trade like the professionals, this indicator combines multi-timeframe analysis, SMC principles, and advanced filters to deliver high-probability entry signals directly on your chart. KEY ADVANTAGES 1. INSTITUTIONAL FOOTPR

The popular "SuperTrend" indicator is a technical analysis tool designed to help identify trend direction and potential entry or exit points in financial markets. This indicator is built upon the Average True Range (ATR) , which gauges market volatility based on price ranges. It is available for free on other platforms, and this should be no exception! Common Use Cases The SuperTrend is typically utilized in three primary ways: Trend Identification: When the price is trading above the indicator

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

ZigZag Support and Resistance Levels  is an indicator that identifies support and resistance levels based on ZigZag pivot points, now with an interactive on-chart control panel. It groups nearby levels into zones using a clustering method to help visualize areas where price has reacted multiple times, and distinguishes broken (breakout) levels from active (extension) levels. Key Features 1. ZigZag Pivot Detection Detects swing highs and lows using configurable Depth, Deviation, and Backstep par

Clean Static Supply & Demand Zones: The Ultimate Noise-Free S&D Indicator Are you tired of messy charts filled with too many support and resistance lines? Most Supply & Demand (S&D) indicators draw every single minor reaction on your chart, leaving you confused and trapped in "chart noise." Clean Static Supply & Demand  is designed differently. Built for pure Price Action traders, this indicator acts like a professional analyst. It scans historical data, finds the most critical institutional pri

## What it does BCPF is an MT4 on-chart indicator that scans price history for **18 active candlestick patterns** and labels detected formations directly on the chart. A compact checklist panel lets you enable or disable each bullish and bearish pattern independently. The 18 available patterns are: - **Bullish:** Hammer, Inverse Hammer, Bullish Engulfing, Morning Star,   3 White Soldiers, Dragonfly Doji, Bullish Marubozu, Bullish Harami,   Piercing Line. - **Bearish:** Hanging Man, Shooting

This indicator represents a genuine momentum oscillator according to the true definition of "Momentum", and as realised by the techniques of digital filtering. ( Note : download a complete set of true momentum oscillators  here ). A scholarly paper on the subject   by the current developer can be found here , but in this description we shall borrow only the minimum of conceptual and mathematical framework needed. In the process, we expose some long-held myths about indicators supposedly measurin

Product Overview Dual Swing Breakout System is a dual swing breakout state machine main chart indicator designed specifically for both   MT4 and MT5   platforms. By constructing two completely independent fast and slow swing high/low tracking systems, it transforms market structure into a clear state machine model. When price breaks key swing extremes, the system changes the state line color and triggers trading signals. This indicator helps traders filter market noise, precisely identify short

BeST Oscillators Collection is a Composite MT4 Indicator including the  Chaikin,Chande  and TRIX Oscillators which by default are contained in  MT5  but not in  MT4 platform. It  also provides  the option of displaying or not a Mov. Avg. as a Signal   Line and the resulting Signals as Arrows in a Normal (all arrows) or in a Reverse Mode (without showing up any resulting successive and of same type arrows). Analytically for each one of the specific Oscillators: The Chaikin Oscillator ( CHO )   is

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

Market Oracle Cloud Reversal System is a replica of TradingView Market Oracle staging branch for MT4. It displays dynamic upper red cloud as resistance and lower green cloud as support based on Optimal Tuning (EMA 29) and ATR multiplier. Buy Reversal appears when price touches lower cloud and rejects, Sell Reversal when price touches upper cloud. Includes dashboard with Optimal Tuning, Prime Score and Consolidation Score. Works on all symbols and timeframes, non-repaint on closed bar. Tags: rev

This custom indicator I designed for Metatrader 4 to be able to easily identify Eastern Standard Time (New York Local Time) from any metatrader 4 server. But, you can use this to identify your local time by changing the time zone from the drop down menu. It allows you to add a vertical line of any color to any particular time in the selected time zone of your choice. It allows you to add Horizontal auto calculating Open, High, Low, and Close lines based on your selected time zone or your actual

RadarSignal XAUUSD — Multi-Timeframe Radar Dashboard for Gold Trading Stop guessing where Gold is heading. Let the Radar scan it for you. RadarSignal XAUUSD is a multi-timeframe technical dashboard built specifically for XAUUSD (Gold) traders who want a single, clean, visual answer to three questions every trade requires: Where do I enter? Where is my safe invalidation zone? Where is my realistic target? Instead of flipping between five indicators on three charts, RadarSignal fuses ADX, RSI, CCI

As per name  Easily Identify,  This Indicator is a  affordable trading tool  because with the help of  Popular Developers & Support of M Q L Platform  I have programmed this strategy. I tried to input 4 types and 3 periods of Calculation regarding Support Resistance, Furthermore, I have also care about Trend lines  that Trader can easily get in touch with market in another way also. What is in for Trader? Trading Modes:  This selection is for activate whole strategy  "Easily Identify" Support_R

For some trader's charts analysis use, specially for  multi timeframe trading strategies . When you need to check something of the time within different timeframe at the same symbol chart, even different symbol charts, this indicator will show the crosshair at sync moving. You just need to load this indicator into some charts, then the crosshair will shown automatic. 

Simple Indicator that shows the   Buy and Sell   volume in percent. Support and questions via MQL5 product comments. For questions, updates, and to connect with other traders, join my official   MQL5 group ForexEAandMore Settings : Font size for percentage labels Horizontal offset from right edge (pixels) Vertical offset for Signal label from bottom (pixels) Vertical offset for Buy label from bottom (pixels) Vertical offset for Sell label from bottom (pixels) Color for Buy label Color for Sell

The UzFx-Total TP'SL & Timer-MT4 indicator is designed to provide real-time tracking of total   Take Profit (TP)   and   Stop Loss (SL)   values across all open and pending trades. Additionally, it includes a candle countdown timer to indicate the remaining time for the current candle to close. If you are Looking Best indicators in Mql5 Market. Check these out! SSS Scalping Smart Signals MT5 Indicator Scalping Winning Signals Pro SWS LTL Long Trend Locator Key Features: Automatically calcul

Daily Open Level is a powerful indicator for XAUUSD and all pairs. It draws the Daily Open price with high accuracy and shows you the daily bias: - Price ABOVE Daily Open = BUY bias only - Price BELOW Daily Open = SELL bias only Features: - Daily Open line with price label - Buy/Sell bias dashboard on chart - Distance from Daily Open in points - Alert on cross - Works on all timeframes for Gold and Forex Best used on M15 and H1 for intraday trading.

Apex Trend Sniper Apex Trend Sniper is a trend-following indicator for MetaTrader 4. It identifies directional changes in price by combining a Williams Percent Range oscillator with a multi-layer filter system. Signals are displayed directly on the chart as arrows. The indicator is suitable for use on Bitcoin (BTCUSD), major indices (US30, GER40, NAS100, SPX500) and Gold (XAUUSD). Operation The core signal is derived from the Williams Percent Range. When the oscillator crosses defined threshold

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

MTF Currency Strength Panel for MetaTrader 4 A multi timeframe currency strength meter covering all 28 major forex pairs on one chart. This currency strength panel shows where the eight major currencies stand right now, and how each of the 28 major pairs has been moving across nine timeframes at once — M1 to MN1. Both readings sit on one chart, updated on a timer. Ranking pairs on their own is misleading. When a single currency moves, every pair containing it moves with it, so the top of a pair

A trend indicator showing the strength of bulls and bears in a trading range. Consists of two lines: The green line is a balanced overbought/oversold condition. The red line is the direction of trading activity. Does not redraw calculations. Can be used on all Symbols/Instruments/Time Frames. Easy to use and set up. How to use the indicator and what it determines. The basic rule is to follow the direction of the red line: if it crosses the green line from the bottom up, the market is dominat

Harmonic Patterns are utilized for predicting market turning points with precision. These patterns offer a high win rate and numerous trade opportunities within a single trading day. Our indicator identifies the most prominent Harmonic Patterns based on principles outlined in Harmonic Trading literature. **IMPORTANT NOTES:** - The indicator does not repaint, lag, or redraw. It accurately identifies patterns at the D point, ensuring reliability in pattern detection.    **HOW TO USE:** 1. Drag

Draggable Previous Candle Alert - Breakout Alert Indicator for MT4 & MT5 Draggable Previous Candle Alert is a powerful breakout indicator that automatically plots two draggable horizontal lines at the High and Low of the previous candle. Unlike standard high low indicators, you can drag the lines to any price you want - perfect for manual support and resistance, supply and demand, and breakout trading. This is the best tool for traders who trade previous candle breakout, daily high low breako

Supreme Arrow is an arrow indicator for mt4 that is based on rsi and demarker indicators strategy. the strategy is suitable for trending markets , but also works in ranging markets especially if it is used for scalping Recommended time-frame : any Recommended add-ons : 200 SMA The Supreme Arrow indicator doesn't repaint or back-paint and the signal is no delayed

The BinaryFortune indicator has been developed and adapted specifically for trading short-term binary options. The algorithm of the indicator analyzes numerous factors before generating a signal. The indicator is installed in the conventional way. The indicator consists of an information window, which displays the name of the trading instrument, support and resistance levels, and the signal itself ( BUY , SELL or WAIT ). A signal is accompanied by a sound and a pop-up Alert. Advantages of the in

'Fibonacci Dimension' indicator allows display of preset or user-defined multi-timeframe Fibonacci levels. It automatically takes the previous high and low for two user-defined timeframes and calculates their Fibonacci retracement levels. It also considers the retraced level to draw the expansions on every change of price. A complete visual dimension in multiple timeframes allows deriving profitable strategies for execution. Enhanced functionality to view and customize the default Fibonacci Rang

Developed by Chuck LeBeau, the Chandelier Exit indicator uses the highest high / lowest low -/+ a multiple of the ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction.The value of this trailing stop is that it rapidly moves upward in response to the market action. LeBeau chose the chandelier name because "just as a chandelier hangs down from the ceiling of a room, the chandelier exit hangs down from the high

======================================================== GOLD WAVE MONSTER - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ======================================================== OVERVIEW ------------------------------------------------------- **Gold Wave Monster** shows the current chart's **Wave-3 start lines** and live **wave count**. When an H1/M15 Wave-3 line is broken upward it flags a BUY; broken downward, a SELL - vis

The Channel Scalper Pro Indicator is a highly efficient tool for market analysis based on price channels and signal arrows. This indicator is designed for the MetaTrader 4 (MT4) platform. It utilizes a combination of channels and visual signals to provide fairly accurate entry and exit points in the market. Below is a detailed description of the indicator, its functionalities, and usage strategies. Technical Description Channels: The channels presented by the indicator display the upper and lowe

Custom Spread Indicator *Please write a review, thanks! Also MT5 version is available Spread Indicator show the current spread in pips with color codes. Handle 3 levels, Low, Medium, High. You can set levels and colors for each level (eg. Low: Green, Medium: Orange, High: Red), and can choose display position on the chart. There is two spread calculation mode:  -> Server spread value   -> Ask - Bid value Can set opacity, for better customization. When spread jump bigger, then display do not

MT4 Version : https://www.mql5.com/en/market/product/183369 MT5 Version : https://www.mql5.com/en/market/product/183370 Heikin Ashi Smoothed Heikin Ashi Smoothed is a professional trend-following indicator designed to help traders identify market direction, trend transitions, and potential entry or exit zones using a refined Heikin Ashi smoothing method. Unlike standard Heikin Ashi, this indicator applies a two-stage smoothing process to reduce market noise and make trend visualization cleare

Advanced Stochastic Oscillator with dual-line signals, three-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 Stochastic Oscillator? The Stochastic Oscillator is a momentum indicator that compares a security's closing price to its price range over a specific period. The indicator cons

### Bollinger + RSI, Double Strategy v1.1 Faithful MQL4/MQL5 port of ChartArt's popular TradingView strategy (41,800+ users, 990+ favorites). Generates buy and sell signals only when **both indicators confirm simultaneously** — RSI momentum shift + Bollinger Band breakout on the same candle. **How it works** The strategy uses an unconventional configuration: a fast RSI(6) with its crossover level set at 50 (acting as a momentum direction filter, not an overbought/oversold detector), combined

SnR Key Level MT4 by RWBTradeLab A clean, non-repainting Support & Resistance key level detector for MetaTrader 4, built for price action traders who want clear, fixed SnR reference levels with breakout upgrades, smart overlap-free labels and optional alerts — all from CLOSED candles only. What This Indicator Does The indicator automatically detects and draws 6 types of SnR key levels from 2-candle sequences: Base Key Levels - A Level: Green -> Red (Level = 1st Green candle Close) — Resista

Enhanced TP/SL  MT4 Short description Shows the Take Profit and Stop Loss levels of open positions on the chart, with the distance in pips, the value in account currency, the percentage of account balance and the risk to reward ratio. Full description The Enhanced TP/SL indicator draws the entry price, Take Profit and Stop Loss levels of each open position on the chart. Next to the Take Profit and Stop Loss lines, the indicator can show: the distance from the open price in pips, the value i

RSI divergence indicator is a multi-timeframe and multi-symbol indicator that help us find divergences between price chart and RSI indicator. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. This indicator will identify the peaks and troughs of both price and the RSI indicator. You can adjust the parameters to adjust the strength and weakness of these peaks a