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Free Technical Indicators for MetaTrader 4 - 8

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.
Schaff Trend Cycle Indicator for MetaTrader4 The Schaff Trend Cycle Indicator for MetaTrader4 merges the core functionalities of two widely used indicators—MACD (Moving Average Convergence Divergence) and the Stochastic Oscillator. This tool is engineered to identify trend reversals and momentum extremes with enhanced sensitivity. Readings below 25 often signal an oversold market, while values above 75 highlight overbought conditions. This makes the STC highly reliable for early trend recognitio
FREE
RRR with lines Indicator Download MT4 Effective risk management is crucial for consistent success in financial markets. The RRR with lines is designed to help traders evaluate the relationship between potential profit (Reward) and possible loss (Risk). This powerful tool for MetaTrader 4 (MT4) simplifies the process of calculating the risk-to-reward ratio , aiding traders in making well-informed decisions. «Indicator Installation & User Guide» MT4 Indicator Installation  |  RRR with lines Indic
FREE
RSI with Moving Average Indicator for MT4 One of the widely used strategies for trend-following trading involves Moving Average Crossovers . The RSI with MA Indicator enhances this approach by integrating the Relative Strength Index (RSI) alongside moving averages, offering a more refined entry and exit strategy. This indicator displays two oscillating lines within the 0 to 100 range, generating buy and sell signals based on their crossovers. «Indicator Installation & User Guide» MT4 Indicator
FREE
Clock GMT Live MT4
Nestor Alejandro Chiariello
4.71 (7)
Clock GMT Live has everything you need to know more about our broker, many times you will have wondered what gmt I am on or what gmt my broker is working on, well with this tool you will be able to know in real time both the GMT time offset of the broker and of your local time, you will also constantly know the ping of the broker Just by placing it at a time of day you can get the information The price increases for each acquisition, with this we will protect so that few can have my unique str
FREE
ADX Signals
Mohamed Amine Talbi
The ADX Indicator is known to be used to determine the trend direction. Not only that, but it also has deviation (+DI and -DI) that determine the direction of the trend as well. The role of the indicator is to spot the trend and its direction and generate signals accordingly. Indicator Settings: - ADX period : default is 14 periods (it works best with the timeframe H1). - Signal Width : the size of signals arrows. - Signal Distance : the distance of the signal arrow from the candle. - Signal co
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
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 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
Dual Time Frame Indicator – Candles in Candles for MT4 Overview The Candles-in-Candles Indicator is a multi-time frame visualization tool designed specifically for MT4. It overlays higher time frame candles onto your lower time frame chart, allowing you to see how smaller candles behave within larger ones. This approach enhances market structure analysis, sharpens trend identification, and clarifies price action—without the need to switch between charts. How It Works Select Your Lower Time Fram
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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
Just another plain Super Trend indicator.  On this one i have added another buffer (on index 2) which can be used on EA; the values is -1 to identify a bearish trend while for bullish trend the value  is 1. Here a code snippet:  int trend = ( int ) iCustom ( NULL , Timeframe, "SuperTrend" , Period , Multiplier, 2 , 1 );   It work on every timeframe.  If you need help to integrate it on your EA, don't hesitate to contact me.
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Introducing the Consecutive Green/Red Candle Alert Indicator for MT4 - Your Trend Spotting Companion! Are you ready to take your trading to the next level? We present the Consecutive Green/Red Candle Alert Indicator, a powerful tool designed to help you spot trends and potential reversals with ease. Whether you're a new trader looking for clarity in the market or an experienced pro seeking additional confirmation, this indicator is your trusted companion. Key Features of the Consecutive Green/Re
FREE
RT SyncChart
Mr Thanya Kanapornpong
4.5 (2)
This program will make analysing multiple timeframes more convenient. It will help to sync all charts in a different Timeframe sync charts to show same symbol, same specific time period and sync drawing objects Show on all charts at the same time How to use it  >>  https://youtu.be/NEHUW7v1h1c In this edition there are only 6 object types that can be synced all chart.   Drawing Object Type Support  : Vertical/Horizontal Line, Trendline, Rectangle, Arrow, Fibo-Retracement Additional Feature: T
FREE
Pivot Point Indicator for MetaTrader 4 (MT4) Overview The Pivot Point Indicator calculates daily, weekly, and monthly pivot points and plots key support and resistance levels on your charts. This indicator helps traders identify potential reversal points and key areas of interest for price action, making it a valuable tool for both short-term and long-term trading strategies. Key Features Daily, Weekly, and Monthly Pivot Points : Easily switch between daily, weekly, and monthly pivot points by a
FREE
Breakout Box Indicator for MetaTrader 4 The Breakout Box Indicator for MetaTrader 4 is a technical analysis tool that helps define key market zones by outlining price boundaries. It plots horizontal levels directly on the chart to signify potential breakout areas where support and resistance are expected to form. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Breakout Box Indicator for MT5  | ALL Products By  TradingFinderLab  | Best MT4 Indicator:  Refined Order Block Ind
FREE
Pin Bar Indicator free
Luca Pulito
4.38 (13)
The Free  Pin Bar MT4  indicator  identifies Pin Bars  It will even give you sound or email alerts if want them. If you download it and like it please leave a review! It would be wonderful Pin Bars are purely based on price action as reflected by the candle formations created by Forex price movements. input Parameters are maximum allowed body/length ratio for the Nose bar. Nose body should be position in top (bottom for bearish pattern) part of the Nose bar.  tells the indicator that the Left Ey
FREE
The Multi Time Frame EMA indicator is of great help in determining trend direction. It can be an excellent addition to your existing strategy or a new foundation. We humans can make better decisions when we see better visually. So we designed it to show different colors for uptrends and downtrends. Anyone can customize this in the way that works best for them. We can set the Ema indicator for all timeframes on a chart.
FREE
SpectorMA
Sergii Krasnyi
5 (1)
We present you an indicator that not only improves the visual aspect of the chart, but also gives it a lively, dynamic character. Our indicator is a combination of one or more Moving Average (MA) indicators, which constantly change their color, creating an interesting and colorful look. This product is a graphical solution, so it is difficult to describe what it does in text, it is easier to see by downloading it, besides the product is free. This indicator is suitable for bloggers who want to
FREE
his is a custom indicator based on double-average crossing and arrow marking. Make multiple lists when blue arrows appear up. Make a blank list when the red arrow appears down. When the pink line crosses the green line upwards, the pink line is above, the green line is below, the golden fork appears, and the blue arrow appears. When the pink line crosses down through the green line, the pink line is below, the green line is above, a dead fork appears, and a red arrow appears. This is a good
FREE
BuySell Volume
Muhammad Robith
5 (3)
BuySell Volume is an indicator that approximates Buy and Sell volumes based on price movement. Input Description: applied_model: Choose the applied model. In low reversal mode, price is considered receive low bearish pressure during bullish candle's creation (high bearish pressure on high reversal model. In other words, Bullish Marubozu candles has really high Buy Volumes in low reversal model than in high reversal one. Output Description: Buy and Sell Volume: Determines how many Buy and Sell vo
FREE
Bollinger Bands MACD Indicator for MetaTrader 4 The Bollinger Bands MACD Indicator for MetaTrader 4 serves as a hybrid tool to refine the precision of trend reversal and continuation signals. Bollinger Bands outline adaptive support and resistance levels while providing insight into market volatility. Conversely, MACD is widely recognized for gauging the strength and direction of trends. When combined, these two tools create a powerful signal system based on the interaction of the MACD plot with
FREE
Stochastic Cross Alert Indicator for MetaTrader 4 The Stochastic Cross Alert Indicator for MetaTrader 4 is a specialized technical tool that assists traders in spotting potential market setups. This upgraded version of the traditional stochastic oscillator delivers instant alerts when a crossover takes place between the stochastic and signal lines. By utilizing these alerts, traders can more precisely identify favorable moments for entering and exiting the market. «Indicator Installation & User
FREE
Highly configurable Macd 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 and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Macd Timeframe:  You can set the lower/higher timeframes for Macd. Macd   Bar Shift:  you can set the o
FREE
This indicator is based on the original ZigZag provided as a source code example with MetaTrader installations. I rewrote it with some extra features for displaying the “depth” channel and the respective break-outs. It also allows one to observe prior zig-zag points. Optionally, it can alert the user when break-outs occur. The alerts can be simply on the terminal or also via push notifications on a mobile device, with your own custom text.
FREE
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
FREE
Relative Volume MT4
Alberto Gauer Borrego
4 (1)
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
FREE
Williams %R Indicator for MetaTrader 4 The Williams %R Indicator for MetaTrader 4 is an efficient momentum-based oscillator introduced by Larry Williams, widely used to spot potential turning points in the market. Operating within a scale of 0 to -100, this tool leverages two reference levels to analyze market saturation. «Indicator Installation & User Guide» MT4 Indicator Installation  |  William Percent Range Indicator MT5  | ALL Products By  TradingFinderLab  | Best MT4 Indicator:  Refined O
FREE
Trend Extremums
Luc Michael Botes
5 (3)
Description:  This indicator (with its algorithm) marks relative highs and lows, which have an array of useful applications.  This indicator will never repaint.  Features:  Marks relative highs and lows  Use this to determine points of trend continuation i.e. where the trend may pull back before continuing higher or lower, past this point Or use this to determine potential points of reversal, particularly in ranging markets, or with other price action  These highs and lows can sometimes be us
FREE
Multi Trendlines
Robert Walker
5 (7)
The Multi Trendlines indicator automatically draws the dominant trendlines on the current chart. The indicator looks for the 5 best Up trends and the 5 best Down trends as at the current price, drawing each trendline if filter conditions are met. The trendlines are named "Trendline"+[Direction]+Symbol()+TrendlineSequenceNumber For example: The second Up trendline on a EURUSD chart would be named "TrendlineUpEURUSD2".   To get its current value would be: ObjectGet("TrendlineUpEURUSD2",OBJPROP_PRI
FREE
Gold TL MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price and reflects trend lines along the fractals of a specific timeframe (TF).   Benefits of the indicator: The indicator produces signals with high accuracy. The confirmed signal of the indicator does not disappear and is not redrawn. You can trade on the MetaTrader 4 trading platform of any broker. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices e
FREE
This comprehensive technical indicator calculates and plots up to 3 moving averages with 3 different periods. By employing three moving averages of distinct lookback periods, the trader can confirm whether the market has indeed experienced a change in trend or whether it is merely pausing momentarily before resuming its prior state. SX Golden MA Pack  for MT5 is available   here . The shorter the moving average period, the more closely it tracks the price curve. When a security initiates an upt
FREE
Absolute Bands
Aleksey Ivanov
4.67 (3)
Principles of construction of the indicator.               The Absolute Bands (AB) indicator is reminiscent of the Bollinger Bands indicator with its appearance and functions, but only more effective for trading due to the significantly smaller number of false signals issued to them. This effectiveness of the Absolute Bands indicator is due to its robust nature.               In the Bollinger Bands indicator, on both sides of the moving average - Ma, there are lines spaced from Ma by the standa
FREE
Color Levels  - удобный инструмент для тех, кто использует технический анализ с использованием таких инструментов, как Трендовая линия и Прямоугольник. Имеется возможность настройки двух пустых прямоугольников, трех закрашенных и двух трендовых линий. Настройки индикатора крайне просты и делятся на пронумерованные блоки: С цифрами 1 и 2 вначале - настройки пустых прямоугольников (рамок); С цифрами 3, 4 и 5 - настройки закрашенных прямоугольников; С цифрами 6 и 7 - настройки трендовых линий. Объе
FREE
Gartley Harmonic Pattern Indicator for MetaTrader 4 The Gartley Harmonic Pattern Indicator is a technical tool in MetaTrader 4 designed to detect harmonic price formations and potential market reversal zones. Utilizing Fibonacci ratios and the defined Gartley structure, this indicator helps traders anticipate trend shifts and determine optimal entry and exit points. The Gartley pattern is highly regarded for its accuracy and simplicity, making it a favorite among technical analysts. «Indicator
FREE
Classic Harmonic Butterfly Pattern Indicator for MT4 The Classic Butterfly Harmonic Pattern Indicator is designed to visually detect and display butterfly patterns on MetaTrader 4 charts, highlighting potential price reversal zones. A distinctive feature of this pattern is that point "D" extends beyond the initial point "X." The appearance of the butterfly pattern typically signals the conclusion of the current trend and the potential beginning of a new directional move. This indicator displays
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
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
Risk to Reward Ratio Multiple Orders MT4 Risk to Reward Ratio Multiple Orders MT4 is a specialized indicator developed for MetaTrader 4, enabling traders to precisely evaluate the relationship between stop loss (SL) and take profit (TP) levels in real time. Once a position is initiated in MT4 with SL and TP defined, the tool measures the distance between these levels relative to the entry price and presents the risk/reward ratio on the top-left corner of the chart. This feature becomes especiall
FREE
Before diving into the features of this indicator, please rate this product, leave a comment to share your experience, and subscribe to my page to stay updated on the latest releases and tools. Your support is valuable and helps me continuously improve my creations! Description: The TradingSessionVisualizer is a powerful MetaTrader 4 indicator designed to provide a clear and customizable visualization of major trading sessions on your charts. This tool allows you to easily distinguish between As
FREE
Mini Chart Multi
John Louis Fernando Diamante
5 (5)
This indicator tool provides mini charts, with adjustable symbol/tf that can be dragged into place. Lightweight operation with multiple mini charts are supported. Chart features: adjustable symbol and tf draggable multiple mini charts color styling and font sizing, foreground/background colors candle coloring candle styles; candles, bars, line, high-low channel zoom in/out
FREE
Improved Fractals
Denis Glaz
4.5 (2)
This is a modified Fractals indicator. It works similar the original Bill Williams' indicator, and is additionally enhanced with the possibility to change the top radius, in contrast to the standard radius of 2 bar. Simply put, the indicator checks the top and if it is the minimum/maximum in this radius, such a top is marked by an arrow. Advantages Adjustable radius. Use for drawing support and resistance levels. Use for drawing trend channels. Use within the classical Bill Williams' strategy or
FREE
Based on famous and useful indicator - Super Trend, we add some features to make this Indicator much easier to use and powerful. Ease to identify the trend of any chart. Suitable for both Scalping & Swing Better to use in the trending market be careful in sideway market, it might provide some fake signals Setting: ATR Multiplier ATR Period ATR Max Bars (Max 10.000) Show UP/DOWN node  Nodes size Show Pull-back signals  Pull-back filter ratio Period of MA1  Mode of MA1 Period of MA2  Mode of MA2 A
FREE
Reversal zones x2 free
Andrii Malakhov
1 (1)
The indicator looks for buying and selling zones, where a deal can be opened with a minimal stop loss and a better Risk Reward Ratio. The indicator is based on qualitative search of the Double top/Double bottom pattern. This version works only on USDCAD! The full version of the indicator can be purchased here - https://www.mql5.com/en/market/product/29820 Indicator operation principle Looks for local tops/bottoms which can potentially become a Reversal zone It waits for an impulse movement that
FREE
Go trend I
Alberto Sassetti
L'indicatore Go Trend è un indicatore personalizzato per MetaTrader 4 (MT4) basato su una logica di ZigZag con tre livelli di periodi diversi. Questo indicatore è progettato per identificare i punti di inversione del prezzo (massimi e minimi) su diversi timeframe, aiutando i trader a individuare potenziali trend e punti di ingresso/uscita nel mercato. Funzionalità Principali Identificazione dei Punti di Inversione (ZigZag) L'indicatore utilizza una logica di ZigZag per tracciare linee che coll
FREE
Better Period Separators MT4
Zhi Wen Software Development
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
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
Two Period RSI
Libertas LLC
5 (4)
Two Period RSI compares long-term and short-term RSI lines, and plots a fill between them for improved visualization. Fill is colored differently according to an uptrend (short period RSI above long period RSI) or a downtrend (short period RSI below long period RSI). Short-term RSI crossing long-term RSI adds a more robust trend confirmation signal than using single period RSI alone. This is a small tool to help visualize and confirm RSI trends. We hope you enjoy! Looking for RSI alerts? You can
FREE
Master the Forex Market with Powerful Currency Analysis! LIVE MONITORING OF SIGNAL USING CCY POWER Take your forex trading to the next level with a comprehensive and fully customizable tool designed to analyze currency trends, identify strong and weak currencies , and enhance your decision-making process. Key Features: Multi-Timeframe Analysis Analyze currency strength from short-term (1-minute) scalping to long-term (1-month) trends—adaptable to any trading style. Customizable C
FREE
Pivot Points All-in-One Indicator for MetaTrader 4   The Pivot Points All-in-One Indicator is a practical tool for identifying pivot points and support and resistance levels , designed for the MetaTrader 4 (MT4) platform. This indicator calculates pivot points based on the previous day’s high, low, and close prices and plots the pivot point line (displayed in blue). Resistance levels are displayed as red lines. Support levels are displayed as green lines. These levels serve as high-priority are
FREE
Wave Entry Alerts In Gold
Azad Amanuel Gorgis Gorgis
Wave Entry Alerts In Gold 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 Gold (XAU/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: Trade
FREE
Color RSI Indicator with Alert (CRA) for Meta Trader 4 The Color RSI Indicator with Alert (CRA) for Meta Trader 4 is an enhanced version of the traditional RSI tool, designed to provide real-time visual cues and notifications. While it operates on the same principles as the classic RSI, it stands out by dynamically changing its color once price levels hit critical thresholds—green for oversold (30) and red for overbought (70)—and simultaneously triggering alerts to inform users of market sentime
FREE
BoxInside MT4
Evgeny Shevtsov
4.86 (7)
This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M5 to MN, but it uses the history data of smaller periods: M1 - for periods from M5 to H1, M5 - for the H4 period, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are considered to be c
FREE
SMT Divergence EU-GU-DXY Indicator MT4 The SMT Divergence EU-GU-DXY Indicator for MetaTrader 4 is a powerful analytical tool designed to detect price divergence among three major Forex pairs. It identifies discrepancies between EUR/USD, GBP/USD, and the U.S. Dollar Index (DXY), highlighting potential trading opportunities through color-coded signals. «Indicator Installation & User Guide» MT4 Indicator Installation  |  SMT Divergence Currency Indicator MT5  | ALL Products By   TradingFinderLab  
FREE
MACD Signals Dashboard
Mihails Babuskins
4 (4)
Download directly the indicator file here. (if you can't open on MT4) MACD Indicator is one of the most popular momentum indicators among users. Searching and detecting MACD signals by the eye may not be easy. Scan Full Charts Dashboard Indicator with simple user interface and search customization panel saves time and scans all charts for MACD signals search and notifies the user with high accuracy. After finding the signal, the user was aware of the result by alerts and notifications. This ind
FREE
Smoothed Relative Strength Index (RSI) indicator for MetaTrader 4 The Smoothed Relative Strength Index (Smoothed RSI) is a refined adaptation of the standard RSI tailored for the MetaTrader 4 (MT4) trading platform. By applying a smoothing filter through a moving average, this indicator minimizes sharp spikes and erratic movements commonly seen in the classic RSI. This results in a cleaner signal for evaluating momentum. A standout feature of the Smoothed RSI is its visual feedback: it turns gre
FREE
Classic Cypher Harmonic Pattern Indicator for MT4 The Classic Cypher Harmonic Pattern Indicator is a sophisticated technical analysis tool based on specific Fibonacci ratios. As a harmonic pattern indicator, it identifies precise reversal zones by recognizing the unique geometric structure of the Cypher pattern. This formation consists of four consecutive price waves and five key points—X, A, B, C, and D—formed according to a defined sequence of market movements. The main objective is to detect
FREE
The R Inside Bar indicator for Metatrader 4 provides simple to use price breakout levels based on inside bars. It works on pure price action and does not repaint whatsoever, and pops up in the main MT4 chart window in the form of 2 colored horizontal lines above and below the actual inside bar. The green horizontal line acts as resistance and the red line acts as support. Long & short trade idea Open a buy order if the candlestick closes above the green inside bar line and the overall trend is u
FREE
Williams AD MA Indicator in MT4 The Williams AD MA Indicator in MT4 merges volume-based data and price movement patterns, offering a dual-analysis tool favored by technical traders for detecting potential market shifts. It combines two essential trading concepts: Accumulation/Distribution (A/D) and Moving Averages (MA), enabling traders to make informed decisions regarding market momentum. With this indicator, users can gauge directional strength and locate ideal points for trade entry and exit
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Highly configurable Williams %R 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 and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Williams %R Timeframe:  You can set the current or a higher timeframes for Williams %R. Williams
FREE
Outside Bar MT4
Nedyalka Zhelyazkova
5 (1)
This outside bar indicator is the opposite of the inside bar. So what this MT4 outside bar indicator does is identifies outside bars for you as they form on your charts. Outside bar is a famous trading pattern in which the bar carry higher high and lower low compared with the previous bar, also known as mother bar. To trade based on Outside Bars, simply place buy stop order above the high price level of a bullish Outside Bar, and sell stop order should be placed below the low price level of a be
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
Bouncing Bollinger tells the trader when the market is about to reverse using 3 candlestick formations as well as the Directional Movement Index Indicator.    When the previous candle has dipped into the upper or lower Bollinger Band and a candle signal appears along with DMI showing un-volatile a signal occurs showing possible reversal ahead.  Features : A practical way of recognising when a new reversal is about to occur. Choose your favourite signal color. Send alerts to either your PC, eM
FREE
CISD with Order Blocks and Breaker Blocks ICT MT4 The CISD Indicator with Order Blocks and Breaker Blocks (CISD-CSD + OB & BB) is an ICT-based tool for MetaTrader 4 , designed to analyze changes in market delivery dynamics, order blocks, and breaker blocks. It automatically detects breakout signals at CISD levels , providing traders with clear entry points. This indicator assists in identifying both bullish and bearish order blocks , which play a significant role in market structure and trend an
FREE
As you know, the price always moves in a certain channel and when the price goes out of the channel, it always tends to return back to the trading channel The Ind Channel Exit indicator will help you not to miss the price going out of the channel It can show an alert or send a message to the terminal on your smartphone that the next bar has closed above or below the channel levels It has a minimum number of settings and the main parameter is the Channel Multiplier , which determines the width o
FREE
Wave Entry Alerts In EUR
Azad Amanuel Gorgis Gorgis
1 (1)
Wave_Entry_Alerts_In_EUR.mq4 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 (EUR/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
FREE
Aroon Oscillator in MetaTrader 4 T he Aroon Indicator, featuring two distinct colored lines, is a dependable tool in MetaTrader 4 for identifying market trends in both bullish and bearish conditions. Displayed in a separate panel below the main chart, it measures trend strength on a scale from 0 to 100. The positioning of the Aroon Up and Aroon Down lines provides clear signals for potential Buy or Sell opportunities. «Indicator Installation & User Guide» MT4 Indicator Installation  | Aroon I
FREE
This Expert advisor does not do any trade, but it scans the whole symbols in your market watch and scan each shares one by one in different timeframes and at the end it shows you which symbol in which timeframe has a powerful engulfing candle. Furthermore, you can define a MA period and a high and low RSI limit, and it shows you which symbols in which timeframe is going to cross the adjusted moving average, and which symbol in which timeframe is going to cross high or low limit of the RSI.  The
FREE
YK Find Support And Resistance
Peechanat Chatsermsak
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The " YK Find Support And Resistance " indicator is a technical analysis tool used to identify key support and resistance levels on a price chart. Its features and functions are as follows: 1. Displays support and resistance levels using arrow lines and colored bands, with resistance in red and support in green. 2. Can be adjusted to calculate and display results from a specified timeframe using the forced_tf variable. If set to 0, it will use the current timeframe of the chart. 3. Uses the
FREE
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 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
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Fibonacci Retracement object is an object that has been provided by metatrader 4 platform. But  Fibonacci Retracement  object doesn't automated adjust the chart. You have to put and manage it manually to the chart. Because of that, this indicator was created. If you like using filbonacci retracement indicator, highly recommended to use Automated Fibonacci Retracement Indicator if you want to get better result in here: https://www.mql5.com/en/market/product/95515 LT Automated Fibonacci Retraceme
FREE

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