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Free Technical Indicators for MetaTrader 4 - 6

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.
Flag Pattern Indicator - Your Guide to Flagging Profitable Trade Setups Welcome to the world of precision trading with the "Flag Pattern Indicator." Designed for MetaTrader, this powerful tool is your go-to solution for identifying one of the most reliable and versatile chart patterns in technical analysis: the flag pattern. Whether you're a seasoned trader or just starting, this indicator simplifies the process of spotting flag patterns, giving you an edge in your trading decisions. Key Feature
FREE
ZigZag Indicator for MT4 The ZigZag Indicator in MetaTrader 4 is a popular tool designed to pinpoint significant highs and lows (pivot points) on price charts. It highlights both Major and Minor pivots, helping traders spot potential chart reversal zones. These pivots are labeled as HL, HH, LH, and LL, which aid in recognizing dominant and short-term trends. Identifying peaks and troughs is crucial for any trading strategy, as it assists in understanding key turning points and locating areas of
FREE
Level Box Tool
Suvashish Halder
Level Box Tool   is a powerful and user-friendly custom indicator designed for traders who utilize   technical analysis tools   like   rectangles   and   trend lines   to identify key support, resistance, and price zones. This tool simplifies and speeds up the process of marking chart levels, offering both visual clarity and precision with its fully customizable panel, and now includes   price-cross alerts   — so you’ll never miss a key level again. MT5 Version -  https://www.mql5.com/en/market/
FREE
SuperTrend Indicator
FXsolutions
4.83 (12)
This is an implementation of the well known SuperTrend Indicator. With this indicator you can see exactly the same values which will be alerted by the following SuperTrend Scanners: SuperTrend Scanner SuperTrend Scanner FREE Parameters SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend
FREE
PZ Bollinger Trend
PZ TRADING SLU
4.18 (11)
A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Customizable colors and sizes It
FREE
Head and Shoulders Visual Indicator for MetaTrader 4 The Head and Shoulders Visual Indicator for MetaTrader 4 is a powerful technical analysis tool designed to detect potential trend reversal patterns in the market. Built on classic chart pattern logic, this MT4 indicator identifies two key formations: the Head and Shoulders Top (Bearish) and the Inverse Head and Shoulders (Bullish). These patterns are widely recognized for signaling the end of a trend and the beginning of a new one. «Indicator
FREE
Heiken Ashi Smoothed Indicator MT4 Introduction The  Heiken Ashi Smoothed Indicator  accurately identifies trends and reduces price noise. This indicator for the MetaTrader 4 platform is an updated and improved version of the standard  Heiken Ashi  candles. This indicator is formed as a moving average (composed of Heiken Ashi candles) around the price, and the position of the price relative to the moving average determines whether the trend is  upward (Uptrend)  or  downward (Downtrend) . «Indi
FREE
An imbalance bar or candle, also called a fair value gap (FVG) or inefficiency, shows strong buying or selling in the market or weak buying or selling that causes prices to move quickly with high momentum. This is why it's an important part of price action analysis. Our indicator offers three main benefits: Clear Design: The imbalance bar is built into the candle with a simple, clean look that makes it easy for traders to spot while keeping the chart tidy. Easy to Use: A hotkey lets traders quic
FREE
Trend Filter Pro
Aleksandr Makarov
5 (1)
Special offer!   https://www.mql5.com/ru/users/bossik2810 Trend Filter Pro Trend filter indicator. Very good filter for your trading system, I recommend to use it together with - System Trend Pro   or  Quantum Entry PRO The indicator no repaint!!! Settings: Change the Period parameter for better filtering ( default is 90) Any questions? Need help?, I am always happy to help, write me in private messages or In Telegram: https://t.me/Trader35_Admin
FREE
Fibonacci Dimension MT4
Keni Chetankumar Gajanan -
5 (4)
'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
FREE
Touch VWAP MT4
Danrlei Hornke
5 (2)
O Touch VWAP é um indicador que permite calcular uma Média Ponderada por Volume (VWAP) apenas apertando a tecla 'w' no seu teclado e após clicando no candle do qual deseja realizar o calculo, clicando abaixo do candle é calculada a VWAP baseado na minima dos preços com o volume, clicando sobre o corpo do candle é calculado uma VWAP sobre o preço medio com o volume e clicando acima do candle é calculado uma VWAP baseado na máxima dos preços com o volume, voce tambem tem a opção de remover a VWAP
FREE
This indicator help to mark the high and low of the session Asian,London,Newyork , with custom hour setting This indicator is set to count from minute candle so it will move with the current market and stop at the designated hour and create a accurate line for the day. below is the customization that you can adjust : Input Descriptions EnableAsian Enables or disables the display of Asian session high and low levels. EnableLondon Enables or disables the display of London session high and
FREE
FRM Half Trend
Noiros Tech
3.5 (2)
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 system is a free open source pine script originally published on TradingView by everget   . It was converted to Mt4 by Forex Robot Makers. This system is a  popular trend indicator based on ATR ( Average True Range ) , Moving Averages and the Donchian channel . System BackGround ATR The average true range is an indicator of the price volatility of an asse
FREE
Super trend ATR Indicator
Sivaramakrishnan Thavasi
The Supertrend Indicator is a popular technical analysis tool designed to assist traders in identifying market trends. The indicator combines the average true range (ATR) with a multiplier to calculate its value. This value is then added to or subtracted from the asset’s closing price to plot the supertrend line. The Supertrend Indicator can help identify trends, manage risk, and confirm market tendencies. The indicator is limited by its lagging nature, is not very flexible, and can send up fal
FREE
TMA-Centered Bands Indicator MetaTrader 4 The TMA Centered Bands Indicator for MetaTrader 4 leverages Moving Averages to identify the overall trend direction, which is visually represented by the bands on the chart. This indicator is composed of three bands: the upper band in red, the middle band in a red-blue gradient, and the lower band in blue. In an uptrend, the middle band changes to blue, and in a downtrend, it switches to red. When the price moves beyond the upper or lower bands, it tend
FREE
Zigzag Auto Channel
OBAFEMI BABATUNDE DESMOND Obafemi
4.5 (2)
Automatically draws channel base on zigzag, with option to draw zigzag based on candle wicks or close prices. All zigzag parameters can be adjusted in settings, option to display or hide zigzag also available, every other adjustable settings are self explanatory by their name, or at least so I believe.  Only download this indicator if you need a program to automatically plot channels for you based on zigzag of any specific settings. 
FREE
Wedge Pattern Indicator for MetaTrader 4 The Wedge Pattern Indicator is a classic chart pattern tool designed for the MetaTrader 4 platform. It helps traders identify key wedge formations—both continuation and reversal patterns—by automatically plotting them on the chart, revealing potential trading opportunities. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Wedge Pattern Indicator MT5   | ALL Products By   TradingFinderLab  | Best MT4 Indicator:   Refined Order Block In
FREE
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
FREE
Intraday Fair Value Gap (FVG) Sessions Indicator for MT4 The Intraday FVG Sessions Indicator is a specialized tool designed for MetaTrader 4 (MT4) that integrates session-based price action with Fair Value Gaps (FVGs) . It automatically highlights key highs and lows during New York, London, and Tokyo trading sessions , using horizontal markers to define critical price zones. Additionally, the indicator detects the first Fair Value Gap (FVG) at the session's opening and closing times. Bullish FVG
FREE
The   Heikin Ashi indicator   is our version of the Heikin Ashi chart. Unlike competitor products, this indicator offers extensive options for calculating Heikin Ashi candles. In addition, it can be displayed as a classic or smoothed version. The indicator can calculate Heikin Ashi with moving average by four methods: SMA  - Simple Moving Average SMMA  - Smoothed Moving Average EMA  - Exponential Moving Average LWMA  - Linear Weighted Moving Average Main features The indicator shows Heikin As
FREE
Support Resistance Breakout Indicator (SRBAI) download for MetaTrader 4 The Support Resistance Breakout Indicator (SRBAI) available for MetaTrader 4 (MT4) is designed to highlight significant pivot zones by mapping support and resistance levels on the price chart. Blue dashed lines represent support zones, while red dashed lines indicate resistance levels. Once the price breaks through a support area, the indicator generates a sell alert with a red downward-pointing arrow. Conversely, a resista
FREE
Extreme Spike MTF Indicator for MetaTrader 4 The Extreme Spike MTF Indicator for MetaTrader 4 scans across multiple chart timeframes to detect sudden price movements with high intensity. It visually marks strong bearish impulses in red and strong bullish impulses in blue, giving traders clear insight into critical price events. This tool is especially suitable for those aiming to pinpoint precise moments to enter or exit the market. «Indicator Installation & User Guide» MT4 Indicator Installati
FREE
PowerTrapezoid
Li Rong Tan
3.5 (4)
Introduction to PowerTrapezoid: The application of market Power deviation system is not a secret, such as volume price deviation, MACD deviation, Chanlun deviation and so on. However, how to correctly understand and calculate, and accurately judge the increase or decrease of POWER is a threshold in application, which is difficult to cross with the conventional system. How to avoid reciting? How to implement multi level backflow parallel computing? How to intuitively show the range of backtrack
FREE
Support Resistance Breakout Arrows (SRBA) Indicator MetaTrader 4 The Support Resistance Breakout Indicator (SRBAI) on MetaTrader 4 (MT4) helps identify pivot points and marks key support and resistance levels. Blue dashed lines represent support levels, while red dashed lines indicate resistance levels. When a support level breaks, the indicator issues a red downward arrow as a sell signal. Conversely, when a resistance level is broken, a blue upward arrow appears as a buy signal. «Indicator Ins
FREE
Bitcoin Trader Pro Indicator is an advanced tool specifically designed for analyzing the cryptocurrency market, with a focus on BTCUSD. This indicator combines multiple technical analysis methods to generate precise and reliable trading signals. Perfect for both beginner and experienced traders, the Bitcoin Trader Pro Indicator provides everything you need to make informed trading decisions. **Key Features:** 1. **Multi-Timeframe Analysis**    - Supports six timeframes: M15, M30, H1, H4, D1,
FREE
Engulfing Pattern Indicator MetaTrader 4 The Engulfing Pattern Indicator is a candlestick-based trading tool that automatically detects and displays bullish and bearish engulfing patterns on the MetaTrader 4 (MT4) chart. Bullish patterns are marked in  turquoise blue , and bearish patterns in  red , making them easy to identify. This indicator also incorporates two moving averages with periods  5 and 20  to improve pattern accuracy. «Indicator Installation & User Guide» MT4 Indicator Installatio
FREE
UPD1 Impulse Channel
Vitaliy Kuznetsov
5 (8)
The channel indicator is trending and does not repaint. It creates an ATR price channel with the opposite volatility border. The indicator has proven itself well in the strategy of trading on impulse levels and fake breakout. The entry point should be looked for on the correction to the indicator line, and the take profit should be set on the opposite border. Blog-Link -   Retest and Fake Breakout with UPD1 . Input parameters. Bars Count - history to display. ATR - average true range period.
FREE
Renko bars builder
Navdeep Singh
4.2 (5)
The indicator builds a Renko chart in the sub window for the current symbol. The bars are formed from live data and the desired bar size can be set in the inputs tab. Most importantly, because the Renko chart only uses price to construct bars and ignores time, the indicator can be applied to any time frame and same results can be achieved. Recommended usage As Renko charts are famous for eliminating noise so traders can use this tool to see clear picture of the trend to help their analysis, entr
FREE
Classic Shark Harmonic Pattern Indicator for MetaTrader 4 The Shark Harmonic Pattern Indicator is designed to identify potential reversal zones by analyzing the unique structure of the Shark pattern. Unlike traditional harmonic patterns, this MT4 chart indicator uses a sequence of five points labeled O, X, A, B, and C, along with specific Fibonacci ratios, to highlight possible trend reversals. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Classic Shark Harmonic Pattern I
FREE
UPD1 Fibo Levels
Vitaliy Kuznetsov
5 (2)
The indicator analyzes the specified number of candles and plots Fibonacci levels based on the high-low. Since the levels are rearranging, we are interested in the right side of the range. The price magnetizes the levels and reacts to the touch. Use this tool to find a trend entry point after a correction. If on the left we see that the levels have risen perfectly, then we can assume that we have found the end of the movement at the extreme point. All lines are drawn through buffers or objects (
FREE
RSI Color Candles with Moving Average
John Louis Fernando Diamante
4.75 (4)
See RSI values turned into colored candles This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding. Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values. Features - optional colored candles - optional colored ma - 6 draw styles; RSI slope RSI above/below overbought/oversold levels RSI above/below level 50 RSI above/below it's moving average
FREE
TMA_KC PRT is non-redrawn channel indicator and can be used to identify trend and support and resistance levels. Indicator settings allow you to assign a specific coefficient to each price channel, which makes it possible to narrow or expand each channel separately. The TMA_KC PRT indicator is a multicurrency instrument, so the choice of a timeframe depends solely on the trader’s preference.   TMA_KC PRT   indicator can be used on any time frame, so you can easily make the indicator an integra
FREE
CPR (Central Pivot Range) Indicator in MetaTrader 4 The  CPR (Central Pivot Range)  indicator is among the most frequently used tools in technical analysis. It is specifically designed to highlight critical levels, potential reversal points, and the overall direction of market trends. This MetaTrader 4 indicator is calculated using the  high, low, and close  prices and consists of a  central pivot point , two  resistance levels  (blue), and two  support levels  (orange). «Indicator Installation
FREE
Judas Swing ICT Forex With Confirmation Indicator MT4 The Judas Swing ICT Forex with Confirmation Indicator is designed based on the ICT trading approach, leveraging market structure and liquidity analysis within the one-minute chart. This tool assists traders in recognizing key liquidity zones and significant trend reversals. This MetaTrader 4 indicator highlights areas where liquidity builds up and potential false breakouts, commonly referred to as Judas Swings . These zones are distinctly mar
FREE
CyberZingFx Trend Reversal Lite
Afsal Meerankutty
4.52 (23)
CyberZingFx Trend Reversal Indicator - your go-to solution for accurate and reliable trend reversal signals. With its unique trading strategy, the indicator offers you Buy and Sell Arrow signals that do not repaint, making it a reliable tool for catching Swing Highs and Swing Lows. SCROLL DOWN TO VIEW SCREENSHOTS AND WATCH VIDEO ________________________________________________________________ Trading using CyberZingFx Trend Reversal is Simple Using the CyberZingFx Trend Reversal Indicator is ea
FREE
Display History
Wanpen Kowitratanakornkul
Display Order History Let Try trading. Button Mark - Red : Order SELL - Blue : Order BUY Button Lot - Ex. (Lot : 0.01) Button Profit,Lost - Ex. (Profit:1,Lost:-1) Button PIP - Ex. (PIP:100) Button Open,Close - Ex. Open:3300,Close:3301 VLine     M30,H1,H4,D1   IMport CSV     Button All Button Summary    M30,H1,H4,D1    Profit,Lost    Number Order _____________ Start trading  Display  on chart ____________
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
FREE
This indicators automatically draws the   support and resistances   levels (key levels) for you once you've dropped it on a chart. It reduces the hustle of drawing and redrawing these levels every time you analyse prices on a chart. With it, all you have to do is drop it on a chart, adjust the settings to your liking and let the indicator do the rest. But wait, it gets better; the indicator is absolutely free! For more information:  https://youtu.be/rTxbPOBu3nY For more free stuff visit:  https:
FREE
HMA
Sergey Sapozhnikov
4.63 (8)
Alan Hull's moving average, more sensitive to the current price activity than the normal MA. Reacts to the trend changes faster, displays the price movement more clearly. Color version of the indicator. Improvement of the original version of the indicator by Sergey <wizardserg@mail.ru>. Suitable for all timeframes. Parameters Period - smoothing period, recommended values are from 9 to 64. The greater the period, the smoother the indicator. Method - smoothing method, suitable values are 0, 1, 2
FREE
Full Stochastic
Dusan Resin
4.78 (9)
Full Stochastic - is Stochastic Oscillator which displays all three essential lines: %K Slow K %D Standard Stochastic Oscillators displays only Slow K and %D. Why it is important to analyze all three lines in SO? Standard SO users must choose if they want to use fast or slow SO. In case of fast SO traders set the slowing parameter typically to 1 or 2, or if they want to use slow SO, they set the slowing parameter usually to 3 or more. With Full Stochastic you can have both! Full Stochastic Par
FREE
PZ The Zone
PZ TRADING SLU
4.33 (3)
This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in the zone helps to
FREE
Higher Timeframe OHLC Indicator for MetaTrader 4 The Higher Timeframe OHLC Indicator for MetaTrader 4 is a strategic tool designed to help traders interpret the market structure by referencing candles from broader timeframes within their active chart. With this indicator, users can track the open, high, low, and close values from a selected higher timeframe directly on their current trading view. This functionality supports layered technical analysis, providing clarity on key price levels that i
FREE
Fair Value Gaps (FVG) Indicator for MT4 The Fair Value Gaps (FVG) Indicator is a powerful technical analysis tool designed to identify and visualize significant price imbalances in the market. These gaps, created when price makes a strong directional move, represent areas where price has moved so quickly that no trading activity occurred, potentially indicating institutional interest and strong market momentum. Key Features: Dual Gap Detection : Automatically identifies both Supply FVGs (bearish
FREE
Introduction to the Candle Time Indicator The Candle Time Indicator for MetaTrader 4 (MT4), helps users know how much time on a candlestick is remaining. This is a simple but incredibly powerful and useful tool. To download the Dagangduit CandleTime.mq4 indicator, check the bottom of this post. It’s one of the best forex time indicators in its category. The function of the indicator will not change, even if you change the name of the indicator. The candlestick countdown timer will tell you how m
FREE
Holy Grail Indicator for MetaTrader 4 The Holy Grail Indicator for MetaTrader 4 is an advanced tool designed for technical traders seeking high-precision signals. It blends the functionalities of the Average Directional Index (ADX) and the Exponential Moving Average (EMA) to recognize trend reversals and generate actionable trading alerts. Color-coded arrows indicate both entries and exits, with the latest signal clearly displayed on the right-hand edge of the chart window. «Indicator Installati
FREE
Son Model Indicator in ICT Style MT4 The Son Model Indicator operates based on liquidity concepts, tailored around the Son Model trading method. It generates trade alerts on the 5-minute chart using liquidity zones identified from the 1-hour chart. This MT4-based tool follows principles of the ICT methodology, incorporating elements like Market Structure Shift (MSS) to highlight potential trend changes with directional arrows. «Indicator Installation & User Guide» MT4 Indicator Installation  | 
FREE
Key Levels and Zones
Rider Capital Group
4.6 (5)
Key Levels + Zones Indicator cleanly displays even numbered price levels: “00s” and “50s” .  Additionally, you can display “Mid-Lines” which are preset distance levels   on both sides of the even numbered price levels (set to 12.5 pips by default).  This 25-pip zone that straddles each even numbered price relates to where many traders place their stops and therefore can be a risk “Zone” to steer clear of when placing your stops.  The zone also acts as support and resistance. Indicator  p rovide
FREE
Half Trend Indicator for MetaTrader 4 The Half Trend Indicator for MetaTrader 4 is an effective tool for visualizing market trend direction. It operates by displaying a main trendline that reflects bullish or bearish conditions. When price candles close consistently above the trendline, the line turns green, signaling an uptrend. Conversely, when candles settle below the line, it turns red, signaling a downtrend. This indicator also uses directional signals to confirm trends, enabling traders t
FREE
TG Macd 2 Line MT4
Daciana Elena Chirica
The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader5 Version |  How-to Install Product | How-to
FREE
Line Break Chart MT4
Daniel Lewis
4.11 (9)
This indicator displays a Line Break chart in the main chart window. To view the line break chart on its own, change the main chart window to display a Line Chart and then change the "Line chart" color to "None" in the F8 properties dialog. When scrolling, zooming in/out or changing the chart pair/timeframe, the indicator will resize the blocks on the next tick to fit the main chart viewing area. Line Break charts were invented in Japan and are similar to Point & Figure and Renko charts. A Japan
FREE
Fair Value Gap Scanner 4
Usiola Oluwadamilol Olagundoye
Fair Value Gap Scanner 4 is a sophisticated MetaTrader 5 indicator designed to detect fair value gaps (FVGs) in price action and display them as rectangles directly on the chart. This powerful tool empowers traders by providing visual representations of FVGs, enabling them to identify potential trading opportunities with ease and precision. With customizable parameters for color, width, and style, traders can tailor the indicator's appearance to suit their preferences and trading strategies. Key
FREE
Take a Break Indicator
Eric Emmrich
4.83 (6)
Please check the " What's new " tab regularly for a complete and up-to-date list of all improvements + parameters. FREE indicator for my trading utility Take a Break . This indicator allows you to manage multiple other EAs with just one Take a Break EA instance. Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go.  Setup examples (Indicator + EA) As a prerequisite, add the URL https://trading.custom-solutions.it to the list of al
FREE
Big Figure Indicator
Vonjinirina Alfred Randrianiaina
"BIG FIGURE INDICATOR" automatically identifies and draws horizontal lines on price charts at specific levels, such as whole numbers or half-numbers (e.g., 1.0000 or 1.5000 in currency trading). These levels are considered psychologically significant because they represent round numbers that big traders and investors may focus on, leading to potential support or resistance levels. The big figure indicator can help traders identify important price levels and make trading decisions based on these
FREE
High Volume Turns
Noiros Tech
4.86 (7)
YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>  GO HERE TO DOWNLOAD Most of the time, market reversals / pull backs usually follow volume and price spikes thus  these spikes could be the first indication of an exhaustion and possible reversal/pullback. High volume Turns is an indicator that scans the market for price and volume spikes around over-bought/over-sold market conditions. These spikes when spotted serves as the first indi
FREE
Backtest with good trend detection results from January 2023 EURUSD Time frame: m15, m30, H1 AUDUSD Time frame: m15, m30 NASDAQ Time frame: m15 S&P 500 Time frame: m15, m30 XAUUSD Time frame: m30 BTCUSD Time frame: H4 These are just some of the assets tested (Please note that past results are no guarantee of future results). Note that this is not a complete strategy, you can use this indicator as an entry trigger after your analysis by setting stop loss and take profit values ​​that you deem
FREE
The Best Trend Signals
Igor Kotlyarov
4.2 (10)
Этот индикатор является уникальным в своём роде, больше всего подходит для скальпинга на XAUUSD а также для торговли на более старших таймфреймах! Уведомление сообщит самые важные точки входа, поэтому следует торговать по тренду. Идеален для скальпинга! The Best Trend Signals - трендовый мультивалютный индикатор, может использоваться на любых финансовых инструментах валюта, криптовалюта, металлы, акции, индексы. Рекомендуемый тайм-фрейм M15, M30, H1, H4, D1.  Как торговать с помощью индикатора
FREE
Chandelier Exit
BLAKE STEVEN RODGER
4 (4)
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
FREE
Awesome MACD Indicator
Komang Putra Riswanjaya
5 (1)
AWESOME MACD INDICATOR Awesome MACD Indicator is a powerful trading tool that combines the strengths of Moving Average (MA) and Moving Average Convergence Divergence (MACD) to provide accurate and reliable trading signals. Designed for forex and stock traders, this indicator simplifies the identification of trading opportunities by detecting significant crosses in price movements. Key Features: MA and MACD Combination: Awesome MACD leverages the power of Moving Averages (MA) to identify short-te
FREE
Scalping indicator. It takes into account volatility, price movement in the local interval and the direction of the current trend. Recommended timeframe - M5. Advantages: Low volatility when a signal appears ensures minimal movement against an open position. The indicator does not redraw its signals. There are alert signals. It is a great tool for day trading. Settings: Name Description Period Indicator period Range of each bar in the period (pp.) The maximum size of each candle in the indicato
FREE
MTF Fair Value Gaps Alerts
Jose Ramon Miranda Ramos
MTF Fair Value Gaps Alerts indicator is based on Fair Value Gaps (FVG), Volume imbalance (VI) and Gaps. This indicator will create 2 arrows pointing to the left showing the area of the FVG, VI and Gaps and will never repaint after the candle has been closed . Inputs: TF (Timeframe of the Alert For Current timeframe use CURRENT) barshilft : the barshift needs to be the same timeframe as the above TF. barshift format (CURRENT, M1, M5, M15, M30, H1, H4, D1, W1, MN) Send Email: Audible Alert Push N
FREE
Auto Andrews Pitchfork indicator MT4 The Auto Andrews Pitchfork indicator MT4 is a technical analysis utility developed for MetaTrader 4 that identifies dynamic support and resistance zones based on price swings. This tool integrates well with MACD and determines three recent pivot points to draw a trio of parallel lines forming a pitchfork shape. The central median line of the pitchfork is a crucial level—acting as either a potential reversal points or confirming a trend continuation when breac
FREE
Previous Candle Levels MT4
Wachinou Lionnel Pyrrhus Sovi Guidi
WaPreviousCandleLevels MT4 shows the previous candle levels, it shows the previous candle Open High Low Close levels (OHLC Levels) in different time frame. It's designed to help the trader to analyse the market and pay attention to the previous candle levels in different time frame.  We all know that the OHLC Levels in Monthly, Weekly and Daily are really strong and must of the time, the price strongly reacts at those levels. In the technical analysis, the user can use them as a support and res
FREE
AW Flexible Fractals
AW Trading Software Limited
4 (5)
The indicator analyzes the price structure of fractals and identifies possible reversal points of market dynamics. Perfect when used in combination with other types of indicators. Advantages: Works on all instruments and timeseries, Doesn't redraw its results, Customizable colors of indicator elements, Works well with any trending strategy, Adjusting the strength of fractals. MT5 version -> HERE / Our news ->  HERE Strategy: AW Flexible Fractals   is an indicator that indicates signals not i
FREE
Our modernized version of the popular channel TMA_TRUE  indicator for MT4, which provides information on the main points of trend reversal and momentum exhaustion by drawing a channel on the chart, also draws arrows of signals for buy and sell. As a result, traders can identify bullish and bearish price reversal zones and BUY and SELL accordingly. This indicator works well on all instruments and on all Timeframes. This indicator is the basis of our Channel Trigger EA, which you can buy in MQL
FREE
Yesterday High Low
Jonathan Destailleur
5 (2)
The "Yesterday High Low" indicator for the MetaTrader 4 (MT4) trading platform is a powerful tool designed to help traders identify key price levels from the previous trading day. This indicator provides a visual representation of the high prices, low prices, high/low price averages, and intermediate average levels on the chart. Primarily used by institutional and professional traders, this indicator offers an instant view of price levels that are often considered crucial in financial markets.
FREE
TG MTF MA MT5     is designed to display a   multi-timeframe moving average (MA)   on   any   chart   timeframe   while allowing users to specify and view the MA values from a particular timeframe across all timeframes. This functionality enables users to focus on the moving average of a specific timeframe without switching charts.   By   isolating   the moving average values of a specific timeframe across all timeframes, users can gain insights into the trend dynamics and potential trading opp
FREE
Quasimodo MT4
Panagiotis Georgalas
4 (5)
This is an indicator for Quasimodo or Over and Under pattern. It automatically finds the swing points and can even place virtual trades with stop loss and take profit. Press the "Optimize" button to automatically find the most effective settings. The pattern consists of four legs A,B,C,D as shown in the pictures. Open and close prices of the virtual trades are Bid price but the statistics in Display Panel take current spread into account. Its parameters are explained below. Buffer - Pips distanc
FREE
This is the free version of the Supply&Demand + Trendline + Trend tool. This version works only with EURCHF! You find the full version here:  https://www.mql5.com/en/market/product/67274 PAAIOS stands for   Price   Action   All   In   One   Solution. And that is the purpose of the Indicator. It should give you a tool to improve your trading decisively because you get the crucial information at a glance. The indicator simplifies the search for strong signals. It shows trend lines, demand and su
FREE
Zigzag Pro MT4
Kaijun Wang
4.5 (2)
本指标 基于 Zigzag 基础上... 增加了: 1.增加了箭头指示,使图表更鲜明 2.增加了价格显示,使大家更清楚的看清价格. 3.增加了报警等设置,可以支持邮件发送 原指标特性: 1.基本的波段指标构型. 2.最近的2个ZIGZAG点不具有稳定性,随着行情而改变,(就是网友所说的未来函数) 3.原指标适合分析历史拐点,波段特性,对于价格波动有一定的指导性. Zigzag的使用方法一 丈量一段行情的起点和终点 (1)用ZigZag标注的折点作为起点和终点之后,行情的走势方向就被确立了(空头趋势); (2)根据道氏理论的逻辑,行情会按照波峰浪谷的锯齿形运行,行情确立之后会走回撤行情,回撤的过程中ZigZag会再次形成折点,就是回撤点; (3)在回撤点选择机会进场,等待行情再次启动,止损可以放到回撤的高点。 一套交易系统基本的框架就建立起来了。 Zigzag的使用方法二 作为画趋势线的连接点 趋势线是很常见的技术指标,在技术分析中被广泛地使用。 但一直以来趋势线在实战中都存在一个BUG,那就是难以保证划线的一致性。 在图表上有很多的高低点,到底该连接哪一个呢?不同的书上画趋势线的方法
FREE
Hammer Pattern Indicator MetaTrader 4 The Hammer Pattern Indicator for MetaTrader 4 is a simple yet powerful tool designed to help traders detect Hammer and Inverted Hammer candlestick formations two widely recognized reversal signals in technical analysis. The indicator automatically identifies these patterns and highlights them with visual rectangles on the chart for easy recognition. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Hammer Pattern Indicator MT5   | ALL Pro
FREE

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