Free Technical Indicators for MetaTrader 4 - 7

A forex   pivot point   strategy could very well be a trader’s best friend as far as identifying levels to develop a bias, place stops and identify potential profit targets for a trade. Pivot points have been a go-to for traders for decades. The basis of pivot points is such that price will often move relative to a previous limit, and unless an outside force causes the price to do so, price should stop near a prior extreme. Pivot point trading strategies vary which makes it a versatile tool for

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

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/True Range over N number of days To calculate the volatility ratio, the true range is calculated using the following formula: Today's True

Kelter Channel is a technical indicator designed to find overbought and oversold price areas, using a exponential moving average and ATR. And it implements a particularly useful twist: you can plot the bands of a higher timeframe in the current chart. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find overbought and oversold situations Read data from higher timeframes easily The indicator displays data at bar opening The indicator is non-repainting Trading implica

Limited time offer! For the launch of NextBot , which has been   working on a real account   for about a year doubling the initial capital, the price of this indicator will drop to FREE ! Introducing a pragmatic and innovative tool for MetaTrader 4 (MT4) traders: the Linear Regression Next channel indicator, enhanced with the determination coefficient  R 2 . This indicator serves as a foundational tool for traders seeking to understand market trends through the lens of statistical analysis, spe

please leave 5 stars to me A   support level   is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level. A   resistance level   is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means t

VWAP and Moving Average A combination of Supertrend and Moving Average to create a converging trade setup Input parameters: signal mode: set it to true if you want to plug it into   STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart turn on moving average signal for converging setup VWAP period MA period MA averaging method MA pricing method upper level limit ( VWAP ) lower level limit  ( VWAP ) You can find the best setting for 4 hour EURUSD on  this v

This indicator is the translated version of Anıl ÖZEKŞİ's MOST Indicator, developed on the Matriks Data Terminal, into the MQL4 language. It is a trend-following indicator and quite successful. Its usage will be free and unlimited for a lifetime. You can click on my profile to access the MQL5 version of this indicator. You can also get your programming requests for MQL4 and MQL5 languages done at İpek Bilgisayar with an invoiced service. You can reach İpek Bilgisayar at www.ipekbilgisayar.org .

The Candle Countdown Timer for MetaTrader 4 (also available for MT5) is a vital indicator designed to help you manage your trading time effectively. It keeps you updated about market open and close times by displaying the remaining time before the current candle closes and a new one forms. This powerful tool enables you to make well-informed trading decisions. Key Features: Asia Range: Comes with an option to extend the range. Broker Time, New York, London Time: Displays the current broker time

MT5 Version MA Ribbon MT4 MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction,  reversals   and continuation points in the market as well as potential entry, partial take profit and exit points. Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers. It offers a good combination with mostly any volume or momentun indicators to f

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 (

В основе индикатора TDI лежат следующие индикаторы: RSI, Moving Average, Bollinger bands, но основным из них нужно выделить RSI, весь расчет индикатора завязан от его значений. Зеленая линия (линия RSI) – сглаженные простой (по умолчанию) скользящей средней значения индикатора RSI, период сглаживания 2. Красная линия (сигнальная линия) – сглаженные простой (по умолчанию) скользящей средней значения индикатора RSI, период сглаживания 7. Синие линии – индикатор Bollinger bands по умолчанию п

IceFX VelocityMeter is a very unique indicator on MetaTrader 4 platform which measures the speed of the forex market. It's not a normal volume or other measurement indicator because IceFX VelocityMeter is capable to understand market speed movements which are hidden in ticks and those valuable information cannot be read in an ordinary way from the candles. The software monitors the received ticks (frequency, magnitude of change) within a specified time range, analyzes these info and defines, dis

Speed resistance lines are a powerful tool for determining trend and resistance lines. The indicator builds lines using chart extremes and special mathematical formulas. The indicator can be used to determine the trend direction and pivot points. <----------------------------> Indicator Parameters: "Depth of search" - depth (in bars) of the search for chart extremes "Back step of search" - minimum distance (in bars) between extremes "Deviation of price" - permissible price difference betw

Welcome traders, MA SLOPE SCALPER is a really powerfoul tool to boost up your scalping! Have you been struggling with your scalping Strategies?  Have you tried price action? Well, it does not work.  Have you tried Rsi - Reversal Strategies? Well it'is not a clever idea. MA SLPOPE SCALPER IS A TREND FOLLOWER SYSTEM MA SLOPE SCALPER is based upon 3 different Exponential Moving averages that have bees studied and selected in order to maximize the precision of the signals! Ma SLOPE SCALPER has an

Whether trading stocks, futures, options, or FX, traders confront the single most important question: to trade trend or range? This tool helps you identify ranges to either trade within, or, wait for breakouts signaling trend onset. Free download for a limited time! We hope you enjoy, with our very best wishes during this pandemic! The issue with identifying ranges is some ranges and patterns are easy to miss, and subject to human error when calculated on the fly. The Automatic Range Identi

Custom Pattern Detector Indicator This indicator lets you define your own custom pattern instead of the typical candlestick patterns. Everybody already knows about common candlestick patterns like the Doji pattern. This indicator is different though. The pattern you will define is a custom pattern based on CANDLE FORMATIONS . Once the indicator knows the pattern you want it to look for, then it will go through history on the chart and find matching patterns, make them visible to you, and calcul

Features: Find these engulfing patterns: Simple Engulf Stick Sandwich Engulf Three Line Strike Rising Three Morning Star Doji Scanner is useful to make your strategy better. Don't always go by Win/Loss percentage. Because this tool is not based on past results. Basic Settings: For All Patterns You can set: First:Last Candle Ratio This will make sure that the earlier opposite candle is at least this given ratio in height as compared to the engulfing candle. This is not checked for Three Line Stri

Defining Range ( DR ) and Implied Defining Range ( IDR  ) indicator Show DR and IDR ranges on the chart for   Regular , Overnight and After Sessions for more information how DR and IDR work and the high probability  watch :  https://www.youtube.com/@themas7er or   https://twitter.com/IamMas7er Remember to set set your chart TimeZone when you attach indicator to the chart under indicator settings / inputs Volume Imbalance : https://www.mql5.com/en/market/product/91165?source=Site+Pr

A simple but effective helper that will allow you to track both global and local market trends. The indicator combines the work of two oscillators: Stochastic and RSI. Both indicators can be set to any timeframe. Advantages of Use Multitimeframe - you can adjust both indicators to the desired timeframes. To obtain the entry points, you can use the Elder's triple screen system. Highly customizable - you can configure not only the parameters of the indicators, but also their appearance (color an

Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes, allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. How does it work? The CSM compares the value of the current moving average with the same moving average in the previous candle for all the 28 pairs and all 9 timeframes, producing a Matrix of Strengt

FREE FOR A LIMITED TIME ONLY!!! The Ultimate Indicator For Trading Trend This indicator clearly shows you the strength of the market in one direction or the other, which means that you can trade knowing you are either with or against the market. When used in conjunction with the +3R principles you are sure to have some serious results. The +3R Principles Routine - This is when you trade and how often  Rules - This is the rule you follow  Risk:Reward - This is the percentage amount of your accoun

ATSCStrategy is a versatile indicator designed for both binary options and forex markets. Empower your trading strategies with this dynamic tool, providing valuable insights for making informed decisions in the fast-paced world of binary options and forex trading. -Forex Market -Binary Option Market -Binary use timeframe 1M - 5M -Forex use timeframe M30 or high

The   OHLC indicator   shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session. Levels High  of the current or previous session. Low  of the current or previous session. Open  of current or previous session. Close  of the current or previous session. Midpoint  of the current or pre

Bollinger Bands Breakout Alert is a simple indicator that can notify you when the price breaks out of the Bollinger Bands. You just need to set the parameters of the Bollinger Bands and how you want to be notified. Parameters: Indicator Name - is used for reference to know where the notifications are from Bands Period - is the period to use to calculate the Bollinger Bands Bands Shift - is the shift to use to calculate the Bollinger Bands Bands Deviation - is the deviation to use to calculate

The most Flexible & Reliable   Trend-Based Fibonacci indicator by Safe Trading. This indicator helps you calculate Trend-Based Fibonacci levels base on the main and retracement trends to predict future price . If you just looking for a simple Fibonacci Retracement indicator, please use  this Free indicator . ### FEATURES ### Auto-calculate up to 7 Trend-Based Fibonacci levels on adjustable frame. Adjust Fibonacci levels as your need. Adjust the start and the end of calculated frame in indicato

Highly configurable Moving average indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation option Works on strategy tester in multi timeframe mode (at weekend without ticks also) Parameters: MA Timeframe:  You can set the lower/higher timeframes for Ma. MA Bar Shift:  Y ou can set the offset of the line drawing. MA Perio

GTAS S-Trend is a momentum indicator that helps to determine trends using combination of MACD, RSI and moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator oscillates between -65 and +65 with a neutral zone between -25 and +25 around a 0 equilibrium line. S-Trend between -25 and +25 indicates congestion zones with a bullish bias between 0 and +25, and a bearish bias between 0 and -25

Time Range Separator is a useful tool to display a separator period on your platform. You could go in the properties of the indicator, select the desired range and that's ALL. We believe it is a useful and necessary that we wish to share with you for free all our followers. Input Values: TimeFrame Period Separator GMT_Hour (ex. +1 or -1) to move the lines at Period Time +/- tot hours in input Hide_dates to show or hide the datetime on vertical lines VLine_Color = Vertical Color Line VLine_Styl

Tired of using the same technical indicators? The "Tekno RSI" is an innovative tool designed to make the interpretation of the Relative Strength Index (RSI) more intuitive and accessible to traders of all levels. It displays the RSI as a 3-color histogram, providing a clear and intuitive visual representation of market conditions. 1)Key Features 3-Color Histogram: RSI is a versatile indicator providing insights into market direction and potential reversal points. However, when analyzing the ch

Introducing the Super Pivot and Fibo Indicator: Your Ultimate Trading Companion Are you ready to take your trading to the next level? The Super Pivot and Fibo Indicator is here to revolutionize your trading strategy. This powerful tool combines key elements such as pivot points, Fibonacci retracement and extension levels, high-low values, and Camarilla points to provide you with a comprehensive and accurate analysis of the market. Key Features: Pivot Points: Our indicator calculates daily, weekl

PinBar indicator is an Indicator identifies price reversal,  pattern and timely identifies that price trend is changed. The Trend change is immediately identified over the chart. Alert is send over the Chart and Email address. Indicator generated Signal Price is displayed over the chart near the PinBar. Please make sure to use on Higher time frames if you are swing trader. for day traders who want to use M30 or M15 time frames, Take profit should be kept minimal. Lower than M15 is not recommende

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. 

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. I'd appreciate if you would review the indicator Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing:   Disabled/Ena

Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars. It should be used mainly on the daily chart to help spot potential moves in the coming days. Features : A simple meth

Indicator measures strength of each currency in your list. Main idea: It simply iterates through all combinations of pairs and adds difference between open and close in percent. Parameters: List of currencies - what currencies will be calculated (maximum is 8) Calculation type - from which data will be strength calculated Calculation data input - used as input related to calculation type Symbol suffix - used in case of suffix on symbols, e.g: when your symbols look like EURUSDm, EURUSDmicro et

Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days

Better Period Separators For MetaTrader 4 The built-in period separators feature doesn’t allow users to specify the time period, so you can use this indicator to create more customizable period separators. On intraday charts, you could place period separators at a specific time, you could also place extra period separators at a specific time on Monday to mark the start of a week. On higher timeframe charts, this indicator works the same as the built-in period separators, On the daily chart, peri

The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann

The popular saying in forex  "The Trend is your friend"   has always stood the test of time because it is valid statement for every generation of traders and in every market. Most successful traders do not fight against the trend but lend to flow with it.  Sometimes finding the best pair to trade can be a daunting task even when you have a good strategy . Some strategies works well with trending markets and some don't . So the question is how can you easily spot trending pairs without any hass

This indicator show candle time remaining. The remaining time of the candle is calculated every 200 milliseconds. 1. You can set x (horizontal), y (vertical) of text. 2. You can set font, color, size of text. 3. You can remove the text without having to remove the indicator from the chart. The remaining time of the candle depends on the timeframe of the chart with the indicator.

The indicator draws the time scale on the chart. You can specify the time offset, adjust the size and font to display on the chart (it is displaying your local time on your chart instead of MT time). You can also select the desired format for displaying the date and time. While holding down the middle mouse button, and moving the cursor, a slider will appear on the scale. You may be interested in my other product , which contains a more advanced version of the Time Scale. Parameters Hours (tim

WHAT IS NEXT MOVE? SIMPLE ANSWER IS, THIS PROGRAM IS BASED ON PRICE ACTION THEREFORE FINDING NEXT MOVE IS EASY TO IDENTIFY THIS PROGRAM IS USING STANDARD CALCULATIONS FOR SUPPORT RESISTANCE   IN SHAPE OF 2 WAYS TREND LINES SELECT  HORIZONTAL LINES TREND LINES WILL GUIDE TRADERS TO TRADE IN RANGE WITH PIVOT LEVEL ALSO HORIZONTAL LINES GUIDE YOU ABOUT SUPPORT RESISTANCE OF DIFFERENT TIMEFRAMES FOR EXAMPLE: IF TRADER INTERESTED TO TRADE IN 15 MINUTES TIME FRAME, THEN HE CAN SELECT 15 MINUTES IN PR

This indicator lets you easily mark the daily open levels on a chart with several possibilities of customization. For many trading strategies, the daily open level is an important level to base trading decisions on. That is why I chose to create this indicator that is designed to assist you with trading these strategies, as well as further optimizing them and getting a general understanding of the markets movements. With this tools help, you can easily take a look at the previous price action ar

If you like this project, leave a 5 star review. Often times we are using brokers that are outside of the GMT-0 timezone, this not only complicates things, but, it can make seeing when a trading session starts a bit more difficult than it should. This indicator allows you to set a timezone offset it will draw a vertical line for the: Day. Week. Month. Quarter. year.

How the Indicator Works: This is a Multi-timeframe MA multimeter indicator which studies if price is above or below a particular EMA range and shows Red/Green/Yellow signals. Red: Price Below EMA range Green: Price above range Yellow: Price within range Indicator Properties: EMA Settings: - Default Period is 200. You can change all MA Settings like Period, MA Method (SMA, EMA, etc) or MA Applied Price (Close, Open, etc). - EMA Range list is a comma separated value list for different timefr

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator EMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notificatio

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 ) / ove

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

Вилка Нео v5, разрабатывалась для торговой системы "Оракул", но постепенно дополнялась, например - углами Ганна и другими опциями... Можно создавать графические объекты с заданным цветом, стилем и толщиной, такие как: прямоугольники с заливкой и без, отрезки трендлиний и нестандартный инструмент - "вилка Нео" в виде трезубца, так же есть возможность интерактивно настраивать цветовую палитру прямо с графика, настраивать видимость объектов для разных ТФ, толщину и стили... Панель переключается кл

This indicator is suitable for trading Forex and Binary Options, depending on its settings. The indicator is designed for trend trading. A buy signal: An up arrow appears on the chart. A sell signal: A down arrow appears on the chart. Input parameters === Setup CCI === Period CCI 1 - Period of the CCI Period CCI 2 - Period of the CCI Level BUY - Level of the CCI for buying Level SELL - Level of the CCI for selling === Setup RSI === Level SELL - Level of the RSI for selling Period SELL - Period

Introducing Ms. Fibonacci , a powerful and free indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator automatically identifies and marks the new highest and lowest Fibonacci levels, ensuring accurate and precise placement. One of the key features of Ms. Fibonacci is its ability to draw Fibonacci levels correctly, point to point, and mark the corresponding price levels. This feature saves you time and effort, allowing you to focus on an

Il nostro Indicatore Combinato RaysFX CCI-RSI è uno strumento unico che combina due dei più popolari indicatori di analisi tecnica: l’Indice di Forza Relativa (RSI) e l’Indice del Canale delle Materie Prime (CCI). Caratteristiche : Combinazione di CCI e RSI : L’indicatore calcola la differenza tra i valori di CCI e RSI per ogni barra del grafico. Media Mobile Semplice (SMA) : L’indicatore calcola una SMA su queste differenze e traccia due linee sul grafico. Segnali di trading : Ogni volta che qu

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

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. 

Wave Entry Alerts Oil is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Oil (XIT/USD) symbol. Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Traders c

Draw Profit indicator can efficiently help those traders who want to see on the chart all closed positions output: profit or loss.  If set DrawProfit on your chart managed by an Expert Advisor (EA) you will see clearly it’s performance by its profits & losses. My other products:  https://www.mql5.com/en/users/hoangvudb/seller Input parameters: Show Profit Labels : show profit of orders with a label (true/false). Profit Mode : available options: Show in currency. Show in pips. Show in currency

The indicator gives buy or sell signals based on the Parabolic SAR indicator, and it also contains strategies with Moving Average. There are alerts and alerts to the mobile terminal and to the mail. Arrows are drawn on the chart after the signal is confirmed. They don't redraw. I recommend watching my advisor -   Night Zen EA To keep up to date with my latest products and ideas, join my telegram channel and subscribe to my profile. The link in my profile contacts - My profile   The indicator i

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 aver

ChannelRSI4   The Relative Strength Index (RSI) indicator with dynamic levels of overbought and oversold zones. Dynamic levels change and adjust to the current changes in the indicator and prices, and represent a kind of channel. Indicator settings period_RSI - Averaging period for calculating the RSI index. applied_RSI - The applied price. It can be any of the price constants: PRICE_CLOSE - Closing price, PRICE_OPEN - Opening price, PRICE_HIGH - Maximum price for the period, PRICE_LOW - Minim

This indicator displays each bar's volume (visible range) in points. The display parameters are customizable. The indicator was developed for personal use (chart analysis). Parameters: ColorL - color of text labels. Position - label position: 0 - below, 1 - above. FontSize - font size. ANGLE - text slope angle.

The Keltner Channel is a volatility-based technical indicator composed of three separate lines. The middle line is an exponential moving average (EMA) of the price. Additional lines are placed above and below the EMA. The upper band is typically set two times the Average True Range (ATR) above the EMA, and the lower band is typically set two times the ATR below the EMA. The bands expand and contract as volatility (measured by ATR) expands and contracts. Since most price action will be encompasse

Download the free version   here. A Full Concept of BUY/SELL   Scalping Strategy Trend detection is one of the basic challenges of every trader. Finding a way to tell when to enter a trade is very important, timing is a game changer, not too early and not too late. Sometimes, due to not knowing the market conditions, the trader closes his positions with a small profit or allows the losses to grow, these are the mistakes that novice traders make. Indicator Trend Whipper is a complete trading st

Advanced trend is a most powerful indicator which provides signal based on trend moving.  There is a 2 Signal mode. One Provide Early Signal and Another Provide Permanent. You guys use default settings without any changes. There is a option called candle shift. And default setting is 1 which provides early signal and might be repaint but if you change the value and use 2 then it will gives you permanent. You guys go play around with this. Except that there is nothing you guys worry about. On

Heiken Ashi Button Heiken-Ashi , often spelled Heikin-Ashi, is a Japanese word that means "Average Bar." The Heiken-Ashi approach can be used in conjunction with candlestick charts to spot market trends and forecast future prices. It's useful for making candlestick charts easier to read and analysing patterns. Traders can use Heiken-Ashi charts to determine when to stay in trades while the trend continues and close trades when the trend reverses. The majority of earnings are made when markets a

TMA Stochastic is an indicator based on stochastic oscillator and tma bands indicator , this indicator is based on a reversal strategy . Recommended time frame : 15 and above  Recommended settings : lower values for scalping , higher values for swing trading  WORKS ONLY ON EURUSD , GET THE FULL VERSION :  https://www.mql5.com/en/market/product/108378 ======================================================================= Parameters :  tma history : how many bars back to show tma bands on stochas

The ATR Exit indicator uses the candle close + ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction. It uses a multiple of the Average True Range (ATR), subtracting it’s value from the close on buy, adding its value to the close on sell. Moreover, the trailing stop lines are generated to support the order’s trend direction (long or short):  In an upward trend, the long trailing stop line (orange line under bu

ATR Volatility plots the ATR-based volatility, and triggers alerts when it crosses user-defined upper and lower thresholds (purple and tan lines, please see screenshots). Circles are painted when ATR volatility crosses either above the upper threshold, or below the lower threshold. This is a small tool custom-built by our group, by specific request of one of our customers. We hope you enjoy! Do you have an indicator you would like to see designed? Feel free to send us a message! Click here for m

Oscillators and Volatility: Oscillators like RSI and Stochastic are particularly useful in assessing the market sentiment and potential turning points in volatility. However, it's essential to use them in conjunction with other indicators and analyses for a comprehensive view. Divergences between price movements and oscillator readings can be powerful signals. For example, if a volatility index is making new highs, but the oscillator fails to confirm these highs, it may indicate weakening momen

El indicador "MR BEAST PATTERNS WITH ALERTS" es una herramienta avanzada diseñada para identificar y notificar automáticamente patrones de oportunidad en el mercado financiero. Basándose en una combinación de análisis técnico y algoritmos inteligentes, este indicador escanea constantemente el gráfico en busca de patrones específicos que podrían indicar momentos propicios para la toma de decisiones. Características Principales: Detección de Patrones: El indicador identifica patrones de oportunida