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Free Technical Indicators for MetaTrader 4 - 6
RelicusRoad Trading Sessions is a trading sessions indicator for MetaTrader 4 and MetaTrader 5 that marks the opening time of the Tokyo, London and New York sessions with dotted vertical lines on M1, M5 and M15 charts. Each session open is shown as a line, a small rotated name label and an event marker in the session's color, for the current day and the previous weekdays. Hovering over one shows the session name and its opening time. The indicator marks opens only: it does not shade session rang
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Currency Strength Flux ranks the eight major currencies by relative strength, read from up to 28 pairs, on a four-timeframe composite that only ever uses closed bars. The idea is simple: trade a strong currency against a weak one, instead of the chart that happens to look nice today. Everything on the panel serves that one decision. What it does The panel ranks EUR, GBP, AUD, NZD, USD, CAD, CHF and JPY from strongest to weakest. Every reading is built from the pairs your broker actually quotes.
FREE
HTF PO3 Candles HTF PO3 Candles projects Higher-Timeframe candles directly onto your current chart, so you can read the Power-of-Three (PO3) structure of two superior timeframes without switching charts. By default it overlays H1 and H4 candles (up to 4 each) beside the live price, complete with High/Low and Equilibrium (EQ) projection lines — a clean visual map of where higher-timeframe accumulation, manipulation, and distribution are forming. Key features Two selectable higher timeframes (defa
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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
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Green Red Sweep Candle by RWBTradeLab
A clean, non-repainting two-candle sweep detector for MetaTrader 4. It finds the moment a candle raids the far side of the one before it and then closes clean through the opposite side — the liquidity grab and the commitment, in the same candle. All from CLOSED candles only.
What This Indicator Does
Both candles of the pattern share the same colour. The second one first SWEEPS the far side of the first, and only then CLOSES beyond the opposite side, so i
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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
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MarketSessions Indicator The Essential Tool for Global Market Session Visualization The MarketSessions indicator is a powerful MT4 tool designed to help traders visualize major forex market sessions directly on their charts. By clearly displaying the active trading hours of Sydney, Tokyo, London, and New York markets, this indicator helps you identify optimal trading periods and understand market volatility patterns. Key Features: Clear visualization of all four major trading sessions (Sydney, T
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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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Product Overview Pyramiding Entry Master is a main‑chart moving‑average trend‑following and pyramiding‑entry indicator designed for both the MT4 and MT5 platforms. It draws a four‑period moving‑average system (MA5, MA10, MA20, MA60) on the main chart and, based on a 55‑period trend‑momentum model, volume‑expansion confirmation, and multiple oversold conditions, automatically generates three types of buy signals: Chase (halfway momentum entry), Add (next‑day pyramiding), and Dip Buy (deep‑ov
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
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Please remember to rate the indicator to help me with visibility.
The DailyHighLow Indicator for MetaTrader 4 (MT4) provides a sophisticated tool for tracking daily price movements. Designed for traders who need clear, actionable insights into market highs and lows, this indicator automatically plots trend lines based on the highest and lowest prices over a customizable number of days. Key Features: Trend Lines Customization: Define colors, line styles, and widths for both broken and unbroken
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Trade the ICT Silver Bullet hours without watching the clock. This indicator draws the three windows, waits for the liquidity sweep and the first fair value gap after it, alerts you, and checks on your own chart what price did next. ICT Silver Bullet Honest Stats marks the London (03:00-04:00), New York AM (10:00-11:00) and New York PM (14:00-15:00) Silver Bullet windows in New York time, draws the liquidity of the two hours before each window, shows when the window sweeps it, and marks the firs
FREE
We provide indicators tailored to better meet your trading requirements. >> MT Magical <<
MT Supply Demand :
It is an indicator created to find supply and demand, which will be important support and resistance levels for the price. Supply Zone is a zone where the price has reached, it is often resisted. In other words, when the price reaches this zone, there will be more selling power to push the price back down.
Demand Zone is a zone where the price has reached, it is ofte
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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
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Binary Deal Trading Indicator is designed for MetaTrader 4 to assist traders in identifying potential market reversal and exhaustion zones, based on overbought and oversold conditions as well as fractal swing points.
The indicator provides visual reversal signals on the chart and can be applied to any timeframe, with M5 and M15 being the primary recommended charts.
Key Features
Designed for reversal and swing analysis on multiple timeframes.
Displays a preliminary warning alert one candle pr
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LT Automated Support Resistance Screener is a level indicator or a support resistance indicator that can be used to determine the level of support and resistance values. This indicator is free and easy to used in the Metatrader 4 platform which is built using the MQL4 programming language. Support resistance indicator is an important indicator that is often to used, but it is not available on the MT4 platform. This indicator can be used for all markets like forex, indices, gold etc and all time
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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
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A line-by-line port of "Range Filter Buy and Sell 5min" : original Range Filter by DonovanWall simplified version by guikroth Pine v5 update by tvenn It is published as open source on TradingView. All credit goes to those authors. The logic is exactly the original's: Smoothed range = EMA(EMA(|close − close[1]|, period), 2 × period − 1) × multiplier. Each EMA is seeded with an SMA, the same as ta.ema . Range filter: the line stays put until price moves beyond it by more than the smoothed range, t
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NAD RSI Cross A simple RSI-based indicator that provides clear BUY and SELL signals directly on the chart. How It Works BUY — RSI 14 crosses above 30 after the candle closes. SELL — RSI 14 crosses below 70 after the candle closes. Features RSI 14 BUY level: 30 SELL level: 70 Closed-candle confirmation Clean chart with simple arrows Suitable for XAUUSD M1 Can also be used on other instruments and timeframes SL & TP Set your own SL and TP according to your trading strategy and risk managemen
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G2 SIGNAL INDICATOR by Ida Bagus Putu Mahardika STRATEGY DESCRIPTION The EA G2 Signal Indicator is an advanced multi-timeframe system that combines 3 layers of analysis to generate high-quality entry signals with exceptional accuracy. Developed with a professional approach, this indicator is designed for traders seeking a competitive edge in the forex market. STRATEGY ADVANTAGES 1. 3-LAYER MULTI-TIMEFRAME SYSTEM Layer 1 (M15): Market Structure Filtering identifies the primary trend using
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True Stochastic Divergence — High-Quality Stochastic Divergence Indicator Most divergence indicators generate signals at nearly every local high and low, causing the chart to become cluttered with a large number of false and insignificant divergences. True Stochastic Divergence uses a proprietary filtering algorithm that analyzes price structure and displays only the highest-quality signals. Its primary goal is not to detect as many divergences as possible, but to help traders focus on the marke
FREE
## 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
FREE
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
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ToggleTrueClose — The familiar MT4 line chart, just better. ToggleTrueClose is a free MT4 indicator for traders who want a clear view of where candles actually closed. It connects the closing prices of completed candles and marks each close with a distinct dot. The result is a simple, readable chart that makes individual closing prices easier to follow. Only completed candles. The current, unfinished candle is excluded. The line ends at the latest confirmed close and extends when another candle
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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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Magnet Wall Indicator is a no-repaint ATR-driven trend-band system for MetaTrader 4. It draws two adaptive bands above and below price that act as magnetic walls — they contain price while a trend is intact and flip when the wall is broken. Bars and bands recolor automatically with the active trend, and a buy or sell signal is committed at the moment the trend reverses. The indicator is built on Wilder ATR with a configurable multiplier, uses an asymmetric breakout-anchor algorithm (not standard
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RelicusRoad Fractals is a fractal indicator for MetaTrader 4 and MetaTrader 5 that marks swing highs and swing lows at two strengths, a Fast test of 7 bars on each side and a Slow test of 15 bars on each side. A 7-bar window on each side already filters out many small wiggles, and the Slow test asks for more than twice that, so its thicker arrows pick out the swings that held over a much wider stretch of the chart. Both strengths are shown together, so minor and larger swings can be told apart a
FREE
Lot Size Calculation MT4 x Calculation of Lot Size x Position Size Calculation Lot Size Calculator MT4 is a practical risk management tool designed to help traders calculate an appropriate lot size based on their account balance or equity, risk percentage, entry price, stop loss, and take profit . The calculator provides an easy-to-use interactive panel directly on the MT4 chart, allowing you to adjust your trading parameters and instantly review the calculated lot size, pip distances, mone
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The Level Trend PRO indicator is designed to search for reversal entry points into a local trend. It works best on intraday candlesticks M15-H1
Expert Advisor for automatic trading on indicator signals: here Advantages of Level Trend PRO Never redraws its signals;
The possibility of using it as an independent strategy;
Has a support-resistance level;
It works on the stock market, indices, oil, gold and on all timeframes;
It has a notification function on the phone;
The indicator has proven i
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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
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Iceblock — an MT4 indicator identifying clusters of high volume with limited price movement (iceberg-like behavior). TF:
Works on all timeframes (M1 to D1). Pair:
Compatible with Forex, indices, gold and CFDs. Settings: VolumeLookback – candles used to compute average volume VolumeThreshold – multiplier to flag unusually high volume ClusterSize – number of nearby candles to confirm a cluster RangeComparisonPeriod – period to average candle ranges (high–low) Brief conclusion:
Iceblock highligh
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Relative Strength Index (RSI) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is RSI? Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of price changes. The indicator oscillates between 0 and 100, comparing the magnitude of recent gains to recent lo
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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
FREE
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
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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
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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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The indicator works according to the Turtle system and classically assumes a time interval of 20 and 55 candles. A trend is monitored over a given time interval. Entry is made at the moment of breakdown of the support or resistance level. The exit signal is a price breakout in the opposite direction of the trend of the same time interval. Advantages:
Instruments: Currency pairs, stocks, commodities, indices, cryptocurrencies Timeframe: Classically D1, also suitable for working with any timefram
FREE
RSI Divergence same as Tradingview
Get RSI Divergence Pro for early Signals & RiskTool 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
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TCL VWAP Super Bands is a Volume Weighted Average Price (VWAP) indicator for MetaTrader 4 with anchored mode, standard deviation bands, and a squeeze detector. It plots the daily-session VWAP by default and supports anchoring to any specific date. How It Works VWAP is a volume-weighted version of the average price over a chosen period. It is widely used as a reference level for fair value. The indicator computes VWAP from the current session start (daily mode) or from a user-specified date (anch
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MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572
How does it work? The indicato
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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
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Product Type: Indicator
Platform: MetaTrader 4
Category: Trend / Signal Indicator SSB Indicator — Non-Repainting Buy/Sell Signal Indicator with Live Stats Panel SSB Indicator is a signal-based tool that plots clear, non-repainting Buy and Sell arrows directly on the chart, along with a live on-chart statistics panel so you can track performance in real time. Key Features: Non-repainting Buy/Sell arrow signals Automatic Win/Loss tracking with a live statistics panel Win rate displayed with simple
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VWAP Institutional Pro: The Real Value Map VWAP Institutional Pro is the ultimate tool for identifying fair market price, allowing you to trade with the same reference as major investment funds and high-frequency algorithms. This indicator calculates the volume-weighted average in real-time, revealing invisible levels of dynamic support and resistance where institutional order flow typically reacts with pinpoint accuracy.
Configuration Parameters Guide Adjust your strategy using the same names
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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
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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
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The indicator is completely based on the classic MFI indicator. I recommend watching my advisor - Night Zen EA
It contains two basic trading strategies: The output of the MFI line from overbought/oversold zones. The entry of the MFI line into the overbought/oversold zones. Arrows are drawn after confirming the signal by strategies and are not redrawn.
Alerts are also registered: Alerts Push notifications to the mobile terminal email Settings: MFI period - the period of the MFI indicator Lev
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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
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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
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The R Wolfe Wave indicator analyses price action and transforms the accumulated data into a powerful Wolfe Wave chart pattern technical tool.
In essence, the R Wolfe Wave chart pattern can be either bullish or bearish and might help traders to open buy and sell trades without any lagging indicators. Key Points
Identifies powerful Wolfe Wave patterns For advanced traders Works for any currency pair Well worth adding to your indicator collection This indicator can work together with any existing
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The most crucial price level in any "Volume Profile" is the "Point of Control" . It is the price level with the highest traded volume. And mainly, it is the level where the big guys start their positions, so it's an accumulation/distribution level for smart money.
The idea for the indicator arose after the "MR Volume Profile 4" indicator was created. When creating the "MR Volume Profile 4" indicator, we spent a lot of time comparing the volumes with those from the volume profile in the NinjaT
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Risk Reward Tool , It is easy to use. With this tool you can see the rates of profit loss profit. You can see your strategy and earnings reward status of your goals.Double calculation can be done with single tool. Move with drag and drop. You can adjust the lot amount for calculations. The calculation results are shown in the comment section. There may sometimes be graphical errors during movements. Calculations works at all currency. Calculations All CFD works. Updates and improvements will co
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ATR Stops is an MT4 indicator that shows the size of market volatility. It helps you decide where to place your stop-loss and take-profit, so you avoid the loss from an oversized stop or the profit drawdown from an oversized target. A very practical indicator. Main features A one-line data panel that tells you the size of the volatility A stop-loss reference line that helps you quickly place your stop A take-profit reference line that helps you quickly place your target Parameters ATRPeriod - AT
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### Impulse MACD [ LazyBear ] v1.0
Port of LazyBear's open-source TradingView indicator, which has accumulated over 8,700 favorites since its publication in 2015. It filters out false MACD signals by measuring momentum only when price breaks outside a smoothed moving average channel.
#### How it works
The indicator builds a channel using two Smoothed Moving Averages (SMMA) applied to the High and Low. A Zero-Lag EMA (mathematically equivalent to DEMA) is computed on the typical price (HLC3).
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This indicator plots Cumulative Volume Delta (CVD) — the running total of each bar's volume, signed by the direction the bar closed — inside adaptive standard-deviation bands. It answers a question price alone does not: is the move being carried by participation, or is it drifting? The cumulative total restarts at an anchor you choose — daily, weekly or monthly — so the reading is always relative to the current session, week or month rather than to the beginning of chart history. That single con
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Three Bar Reversal (MT4) — free indicator Three Bar Reversal is a simple and effective MetaTrader 4 indicator that detects the classic three-bar reversal candlestick pattern with additional filtering based on ATR and candle body sizes.
Arrows are displayed on the last closed candle of the pattern, and push notifications are also sent. An automated trading robot Three Bar Reversal EA has been developed based on this indicator. The indicator works on all currency pairs and timeframes but pe
FREE
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
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Relative Volume or RVOL is an indicator that averages the volume of X amount of days, making it easy to compare sessions volumes.
The histogram only has 3 colors:
Green - Above average volume
Yellow - Average volume
Red - Below average volume
The default setting is 20 days, which corresponds more or less to a month of trading.
With the data obtained from this indicator you can better gauge the commitment behind a move. For example, you will be better equipped to judge if a breakout of a r
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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
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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
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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
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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
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See which fair value gaps flipped sides. This indicator marks every inversion fair value gap (IFVG) - a gap that a candle closed straight through - signals and alerts when price comes back to it and respects it, and checks on your own chart what price did next. ICT Inversion Fair Value Gap IFVG Honest Stats finds fair value gaps, waits for a candle to close through one and turns it into an inversion gap on the other side: a bearish gap closed above becomes bullish support, a bullish gap closed b
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COLORED TREND MA / MACD CANDLES draw MA Candles above/below Moving Average in a single color draw MA as a leading Line like a Supertrend draw MA as a Channel => MA High and Low draw MACD Candles above and below 0 and Signal-Line
Your Advantage: a simple view of the trend direction a simple view over the higher trend direction a calmer chart for the eye clear rules can be defined Settings: Bars to process : 6000 is my default, this value is up to you Value Quick-Set : pre-Settings MACD 12 / 26
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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
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TCL Trend Radar is a multi-timeframe trend dashboard for MetaTrader 4. It applies a three-condition algorithm (Moving Average cross plus Directional Movement Index plus Average Directional Index gate) to grade the trend on every standard timeframe and displays the result on a single panel. How It Works For each timeframe the indicator computes three things: the relationship between a Fast and a Slow Moving Average, the Directional Movement Index (DMI) for trend direction, and the Average Directi
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The indicator has combined 5 popular strategies. Draws an arrow after confirming a signal for the selected strategy. There are signal alerts. Doesn't redraw its values. I recommend watching my advisor - Night Zen EA
5 strategies. The main line crosses the signal line. The main line crosses the signal line in the oversold (for buy) / overbought (for sell) zones. The main line enters the oversold (for sell) / overbought (for buy) zones . The main line comes out of the oversold (for buy ) / over
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This indicator is based on Guppy's GMMA Strategy. And shows arrows when GMMA lines cross up or down. To have this indicator and get alerts for Multiple Timeframes and multiple Pairs you can check out the demo of this GMMA Trend Scanner indicator: https://www.mql5.com/en/market/product/38747
About GMMA In Brief:
GMMA attempts to identify trends by combining two groups of moving averages with differing time periods: The long-term EMAs (30, 35, 40, 45, 50, and 60) the behaviors of investors that h
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The Indicator show Daily Pivot Points. It is possible to specify the number of days to display. For forex it doesn't consider the sunday session data. It is possibile to modify the color, style and width for every level.It is better to use this indicator with timeframe not higher than Н1. 4 Levels of support and resistance with also Intermediate Levels that is possible to hide.
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EZ Risk Reward Ratio is a simple to use MT4 indicator that allows the user to automatically change the Risk Reward Ratio of an open trade simply by dragging the Take Profit or Stop Loss lines to desired positions on any chart. Risk to reward ratio is displayed in whichever corner you choose and can be changed by dragging TP and SL lines.
First, place the EZ Risk Reward Ratio indicator on the MT4 chart. Second, open a trade on the MT4 chart. EZ Risk Reward Ratio works on any currency pair and o
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======================================================== GANN CONFLUENCE SYSTEM PRO (XAU) - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ========================================================
OVERVIEW ------------------------------------------------------- **Gann Confluence System PRO** is a professional multi-module Gann engine for gold (XAUUSD). It combines seven independent Gann techniques into one weighted confluence sc
FREE
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