Free Technical Indicators for MetaTrader 4 - 8

Account Dashboard Statistics It is a tool that will help you have a focused view in order to know the   profits and losses of your account , so you can keep track of it, it also brings a   drawdown   analysis to know the risk obtained as well After downloading and activating it in your account, you must attach it to any symbol for example EURUSD H1, then from this moment the tool will start to monitor your statistics, you can see my other free products here Mql5 the panel is completely advance

MP Candle Countdown indicator with a progress bar is a tool used in technical analysis that displays the time remaining until the current candlestick on a chart closes, along with a progress bar that shows visually the amount of time that has elapsed since the candlestick opened. This indicator can be helpful for traders who use candlestick charting to make trading decisions, as it provides both a visual representation of the time left until a candlestick closes and an indication of how much ti

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 notification

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

本指标 基于 Zigzag 基础上... 增加了: 1.增加了箭头指示,使图表更鲜明 2.增加了价格显示,使大家更清楚的看清价格. 3.增加了报警等设置,可以支持邮件发送 原指标特性: 1.基本的波段指标构型. 2.最近的2个ZIGZAG点不具有稳定性,随着行情而改变,(就是网友所说的未来函数) 3.原指标适合分析历史拐点,波段特性,对于价格波动有一定的指导性. Zigzag的使用方法一 丈量一段行情的起点和终点 （1）用ZigZag标注的折点作为起点和终点之后，行情的走势方向就被确立了（空头趋势）； （2）根据道氏理论的逻辑，行情会按照波峰浪谷的锯齿形运行，行情确立之后会走回撤行情，回撤的过程中ZigZag会再次形成折点，就是回撤点； （3）在回撤点选择机会进场，等待行情再次启动，止损可以放到回撤的高点。 一套交易系统基本的框架就建立起来了。 Zigzag的使用方法二 作为画趋势线的连接点 趋势线是很常见的技术指标，在技术分析中被广泛地使用。 但一直以来趋势线在实战中都存在一个BUG，那就是难以保证划线的一致性。 在图表上有很多的高低点，到底该连接哪一个呢？不同的书上画趋势线的方法

"Inside Bar PA" is a technical indicator designed to determine the inner bars on the chart. An internal bar is a bar or candle, the maximum and minimum of which are completely contained in the previous bar. This may signal a potential reversal or continuation of the trend, depending on the context. Features: Automatic detection of internal bars. Visual marking of internal bars with arrows on the chart. The ability to adjust the distance of the mark from the bar. How to use: Attach the indicato

Product Title ZigZag Colored (MT4) See also >>  Smart ZigZag  Pro  , Smart ZigZag (free) Short Description Dual‑color ZigZag for MT4 that solves the single‑line color limitation and provides EA‑ready buffers with current leg value and direction per bar. Overview Renders the classic ZigZag path as two color‑coded legs (up/down) for instant structure reading; per‑bar values exposed for EAs/indicators. Key Features Dual‑color legs (user colors); EA‑ready buffers ZigZag Up , ZigZag Down , ZigZag

SP2LS is a lightweight and practical trading indicator designed to help traders identify potential entry areas, stop-loss levels, and take-profit zones directly on the chart. The indicator uses price action logic together with a moving average filter to display possible buy and sell setups. It also provides visual risk/reward zones, making trade planning easier, faster, and more organized. SP2LS is especially useful for traders who want a simple chart-based tool for monitoring signals, risk area

The Magic LWMA indicator is of great help in determining trend direction. It can be an excellent addition to your existing strategy or the basis of a new one. We humans can make better decisions when we see better visually. So we designed it to show a different color for rising and falling trends. Everyone can customize this in the way that suits them best. By setting the Trend Period, we can optimize it for longer or shorter trends for our strategy. It is great for all time frames. IF YOU NEE

This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The presented indicator displays signals on the price chart when +DI and -DI cross and signals when the ADX value falls or rises in relation to the mutual arrangement of +DI and -DI. The indicator's buy signals also work as a support level, whi

M1Arrows is a MT4 trend arrows Indicator * Smart Scalper Setup (M1) :: Signal 5 Main 20 + Signal 20 Main 80 + Fibonacci ZigArcs 20 (Screenshot1) Add the indicator with first setting, then add it again to the same graph with other settings. You can add as many as you want, but 2 M1Arrows in just one graph is enought Never open orders againt the slow setting trend Do not open more than 3 orders per slow setting trend It will work better in Europe/USA markets, * M15 Day Trade Setup: Signal 20 ma

Bollinger Bands 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 Bollinger Bands? Bollinger Bands is a volatility indicator developed by John Bollinger. It consists of three lines: a middle Simple Moving Average (SMA) and two outer bands placed at a configurable number of standard deviation

Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough

Ziwox World Map Session Indicator for MetaTrader 4   Bring global market awareness directly into your charts! Our World Map Session Indicator displays a real-time world map as the background of your MT4 chart, perfectly synchronized with the current trading session. Key Features: Live Session Sync: See exactly where you are in the global session timeline, the current candle is matched to its position on the world map. Toggle Sync Mode: Switch between live sync mode and a fixed map view with sess

Instantly see your TP/SL levels with pip distances, profit in account currency, and risk‑reward ratio—fully customizable lines on the chart. Extended Description for Market Listing: The Enhanced TP/SL Indicator transforms your trading experience by displaying Take Profit and Stop Loss levels directly on the chart for each open position. No more guessing - every line shows the exact distance in pips, the expected profit/loss in your account currency, and even calculates the risk‑reward ratio.

The indicator displays historical price ranges as daily boxes, enabling detailed analysis of intraday structure and market behavior. Each trading day can be assigned an individual color. Inside every box, the range between the opening and closing prices is drawn with separate directional colors, helping traders identify accumulation and consolidation zones. Version for MT5 : https://www.mql5.com/ru/market/product/161828?source=Unknown

WaPreviousCandleLevels MT4 shows the previous candle levels, it shows the previous candle Open High Low Close levels (OHLC Levels) in different time frame. It's designed to help the trader to analyse the market and pay attention to the previous candle levels in different time frame.  We all know that the OHLC Levels in Monthly, Weekly and Daily are really strong and must of the time, the price strongly reacts at those levels. In the technical analysis, the user can use them as a support and res

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 in

Enhance your trading experience with the Day and Week Separator MT5, a powerful indicator designed to plot customizable daily and weekly separator lines. This tool is perfect for traders looking to navigate the complexities of different broker time zones, providing clarity and precision in their chart analysis. By clearly marking trading sessions and transitions between days and weeks, the Day and Week Separator MT5 significantly improves traders' ability to plan and execute their strategies. Us

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

Supreme Trend is a reversal/continuation type Oscillator type indicator that is based on Moving average and stochastic indicators this indicator can be used in two methods : Reversal Method : short when golden arrow appear after arrows were above upper level (e.g 70) Reversal Method : long when Purple arrow appear after arrows were below lower level (e.g 30) Trend Method : long when arrows cross above 50 level line , short when arrows cross below 50 level line. use higher ma and stochastic peri

Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c

The Supreme HmaSignal indicator is an indicator for trend trading , its main character is the hull moving average colored line , and secondary is buy and sell arrows , arrows are fair but the main focus is on the colored hma , this indicator does not repaint or back paint or delay its signals. if you like this indicator please check my Supreme Trendhisto:   here   , and my Supreme Diamond indicator :   here Parameters:  HMA Period HMA Smoothing HMA Price (close/open) Signal Period (Arrows)

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

This is Free product you are welcome to use for your needs! If you like   this indicator , please leave short positive feedback! Thanks a lot! Click here to see high quality Trading Robots and Indicators! Forex Indicator Spread Display for MT4 , great auxiliary trading tool. Click here to MT5 version! Spread Display indicator shows current spread of forex pair where it is attached. It is possible to locate Spread display value in any corner of the chart. It is possible to set up color and font

This Weis Wave Volume indicator is a tool to help traders identify the current price trend.  Understanding volume can provide insight into a market's behavior to help you determine its overall health. The most important rule is this: volume precedes price. Typically, before a market price moves, volume comes into play. It has 2 main colors histogram which are green and red. – Green indicates an upward wave. The more the price increases, the bigger the green volume gets. – The red color shows a d

MACD Crossover Arrows & Alert is a MT4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits on the stocks and currencies market. This mt4 indicator provides a   BUY signal   if the MACD main line crosses above the MACD   signal  line . It also displays a   Sell signal   if the   MACD main line crosses  below the MACD   signal  line . STRATEGY Traders can use the MACD signal alerts from a higher time frame

Based on 3 moving averages cross strategy the Statistic Arrow give buy and sell signals with tp and sl in points drawn on chart, it comes with back test dashboard that shows win rate and how many trades been close , how many have won, how many have lost , final profits made, the indicator prints arrow along side tp and sl ON -----BAR OPEN---- , and it gives pre alert. Parameters are shown in settings screen shot and are explained.

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

The XR Gartley Pattern MT4 is an indicator which displays and alerts Gartley pattern detected on the candlestick chart. It also displays potential trade with calculated Take Profit and Stop Loss, Timeframe H1. After purchasing XR Gartley Pattern, you can immediately download this indicator from the MT4-MT5 Market and start using it because all features are set to default, is not necessary to change any parameter. List of all our available tools for Traders:   https://www.mql5.com/en/users/mqlblu

Tipu Trend is a non-lag, non-repaint, smart indicator, that shows the trend of selected time frames. Features Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. As easy to trade indicator that smooths the noise in the price action. Highlights ranging markets. Add Tipu Panel (found here ) and unlock the following additional features. An easy to use Panel that shows the trend + signal of the selected time frames. Customizable Panel. The panel can be moved to any

HiLoTren IQ7 — Smart Market Boundaries & Pivot Mapping Define your trading levels with AI precision. HiLoTren IQ7 is an intelligent   pivot-based indicator   that automatically plots   Pivot Points ,   Resistance (R1–R3) , and   Support (S1–S3)   zones directly on your chart. It provides a clear visual framework to identify   market boundaries, reversal zones, and trend continuation levels   — all calculated in real time. Main Features   Auto Pivot Engine   — calculates daily pivots, R/S levels

Have you ever wanted to be able to catch a trend just as it is beginning? This indicator attempts to find the tops and bottoms of a trend. It uses in-built indicators and studies their reversal patterns. It cannot be used on its own it requires Stochastic(14) to confirm signal. Red for sell, Blue for buy. There are no parameters required just attach to a chart and it is ready to go. Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   A Winning Trading Stra

The "MTF Moving Average Panel" indicator is more of a helping tool than an indicator, it serves to help know the trend direction for the current currency pair of all timeframes in one place. It is best used with other indicators and signals, to help filter the signals according the trend based on multiple timeframes. Indicator inputs : - Moving Average period : Default is set to 34. - Moving Average method : The method of calculation of the Moving Average. Default is set to Exponential. - Movin

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

Variable Index Dynamic Average (VIDYA) developed by Tushar Chande  by default is contained in MT5 but not in MT4 platform and it is a dynamic EMA (Exponential Moving Average) that adjusts its Length (LB Period) automatically in response to Market Volatility originally measured through the Chande Momentum Oscillator(CMO). CMO value is used as the ratio to the smoothing factor of EMA ( The New Technical Trader by Tushar Chande and Stanley Kroll, John Wiley and Sons, New York, 1994). The higher th

A simple and effective trend indicator. It will be a good assistant when trading. A minimum of understandable settings. Put it on a chart and set it up Good to combine with other indicators. I will post another trend indicator soon. The combination of these two indicators gives good results. Works on all timeframes. Suitable for any couple. Experiment, adjust, observe. Filter by higher timeframes.

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

AP Day-Week-Month High-Low MT4 Lightweight overlay that draws the prior Day, Week, and Month highs/lows on any chart. Great for session planning, confluence, and alerting when price comes back to important swing levels. What it does Plots 6 lines: Day High/Low, Week High/Low, Month High/Low (from the previous completed sessions). Touch/near alerts when price reaches a selected line (with a user-set tolerance). Works on any symbol and timeframe. Zero external libraries. How to use Drop it o

VIEW THE CURRENCY STRENGTH AND PAIR STRENGTH FOR "X" BARS IN A GIVEN TIMEFRAME. The Currency Strength Multimeter indicator shows the strength, direction and rank of each of the following currencies: AUD CAD CHF EUR GBP JPY NZD USD Furthermore, it also shows the strength, direction and rank of each of the following currency pairs: AUDCAD AUDCHF AUDJPY AUDNZD AUDUSD CADCHF CADJPY CHFJPY EURAUD EURCAD EURCHF EURGBP EURJPY EURNZD EURUSD GBPAUD GBPCAD GBPCHF GBPJPY GBPNZD GBPUSD NZDCAD NZDCHF NZDJPY

IntraScalpermt4 Indicator   is an advanced, dynamic level-providing strategy/ Signals built in proven price action principles. At the start of every trading session, it automatically calculates the decisive   Levels —a key point that DECIDER guides high-probability trade opportunities. Indicators Including:- 1.  Day Trading Levels. 2.  IntraTrend Line for Scalping using M1 TF. 3.  Dynamic IntraScalper providing supply or demand zone on chart. 4.  EA Setting/Documentation in Indicator=> About T

The RSI Divergence Indicator is a powerful tool designed to identify potential reversals in the market by spotting discrepancies between the Relative Strength Index (RSI) and price movement. Divergences can be a significant indication of an impending trend change, either from bullish to bearish or vice versa. This indicator is built for making the task of identifying potential trade opportunities more straightforward and efficient. Features: Automatic Detection: The indicator scans the chart f

Recommended on M15 and higher timeframes Sends alerts and notifications when the zone is create Sends alerts and notifications if zones are retested You will see the trading zones and identify the most profitable points to open positions. The indicator marks the supply and demand zones. With this show you will now make profitable trades that will set the trends. Shows all support and resistance zones. Can work in all time zones. No need to mess with complicated settings, all settings are

Elegant Oscillator (EO) 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 EO? The Elegant Oscillator (EO) is a normalized momentum indicator that combines a Fisher Transform (inverse hyperbolic tangent) with a Butterworth low-pass filter. It measures the relative strength of recent price mov

The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity

Advanced Stochastic Oscillator with dual-line signals, three-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Stochastic Oscillator? The Stochastic Oscillator is a momentum indicator that compares a security's closing price to its price range over a specific period. The indicator cons

as the name suggest Trend Maker Master is a trend scalping indicator that give long and short trading opportunity based on price action and ma style trend filter, the indicator Trend Period and Trend Extra Filter will change arrows signals quality and frequency, this leave a space for trader to come out with good combos for each pair. How to trade : Buy : when white buy arrow prints, set sl below recent swing low, and set tp to 1-1 Risk to reward ratio. Sell : when white Sell  arrow prints, set

Looking for entry points along the local trend without repaint! Arrows indicate entry points. Based on classic indicators. The indicator is easy to use. Settings Наименование Описание Frequency factor Signal frequency. The less, the more often. This affects the quality. Recommendations Recommended for use on major currency pairs. Timeframe from m5, m15, m30 Subscribe to my telegram channel, where we discuss intraday trading, ideas, indicators, etc., a link in my profile contacts.

Full Stochastic - is Stochastic Oscillator which displays all three essential lines: %K Slow K %D Standard Stochastic Oscillators displays only Slow K and %D. Why it is important to analyze all three lines in SO? Standard SO users must choose if they want to use fast or slow SO. In case of fast SO traders set the slowing parameter typically to 1 or 2, or if they want to use slow SO, they set the slowing parameter usually to 3 or more. With Full Stochastic you can have both! Full Stochastic Par

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

XE Forex Strengh Indicator MT4 displays visual information about direction and strength of a signal for current pair and chosen timeframes (M5, M15, M30 and H1). Calculations are based on multiple factors and results are shown as a colored panel with scale bar, numerical values and arrows. There are also displayed values of current price and spread on the pair. There can be activated an alert (as a mail or pop-up window with sound) for each available timeframes which send a message when the dir

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 between

Are you looking for  ATR Levels,   ATR Trend, ATR Support and Resistance  Indicators ? Now you have all in one !!!  Info on your chart is showing you: where current price and levels are, what is current trend and signals. Search for an entry with low risk for trading by Lisek ATR Indicator. There are many ways to trade with Lisek ATR Indicator: Trade Support and Resistance Levels. Trade pullbacks (Range trading). Trade breakouts. Trade reversals. Take profit or set stop-loss based on ATR Levels.

Of course. Here is the product description for "RenkoVP for MetaTrader 4 RenkoVP for MetaTrader 4 (EURUSD Only) RenkoVP is a powerful, fully online Renko-based indicator designed specifically for analyzing the EURUSD currency pair. It provides traders with a clean, noise-free view of market structure by combining traditional Renko bricks with advanced volume profile analysis, dynamic Fibonacci tools, and automatic pattern recognition—all without the need for problematic offline charts. Core F

This product is designed to display the trading sessions of 15 countries based on the time zone of your broker server and various display modes based on your desired settings to prevent chart congestion and the possibility of setting a session with the user's desired time. The sun never sets on the forex market, but its rhythm dances to the beat of distinct trading sessions. Understanding these sessions, their overlaps, and their unique atmospheres is crucial for any forex trader who wants to

Limited-time free release: CPR Pivot Range Breakout MT4 is free while MetaCoderStore collects trader feedback, comments, and feature requests for the first public version. CPR Pivot Range Breakout MT4 plots the prior-session Central Pivot Range, classic pivot support/resistance levels, and optional breakout markers for intraday bias tracking. Use cases Map daily CPR, Pivot, R1/R2, and S1/S2 levels on intraday charts. Spot bullish closes above CPR Top and bearish closes below CPR Bottom. Identify

The   Pivot Point indicator   automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Types of pivots Classic Floor Fibonacci Woodie Camarilla DeMark Main features The indicator shows the current and historic

The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it. Version for MT5: https://www.mql5.com/en/market

Gorilla Channel VZ is a channel indicator modified on the basis of long–term observations. The signal trading indicator can be used both as an indicator displaying a trend channel and as one of the input signal sources, subject to additional filtering. With the right approach, at least 80% of successful transactions. Main features of Gorilla Channel VZ: Analytical functions It can be used on any currency pairs and time frames; The indicator does not redraw; It is a great addition to other ind

Trend Correlation Strength (TCS) Indicator: Your Edge in Forex Trend Analysis The Trend Correlation Strength (TCS) Indicator is a cutting-edge tool that redefines how you measure trend strength, offering a significant advantage over conventional indicators like the Average Directional Index (ADX). Unlike ADX, which relies on directional movement, TCS uniquely quantifies trend strength by calculating the correlation between closing prices and a linear time series . This innovative approach provi

Product Name: MY DASHBOARD (v) – Smart Trading Panel for MT4 MY DASHBOARD is a professional-grade trading utility designed to streamline your MT4 workspace. It integrates essential portfolio data, risk metrics, and market insights into a single, clean interface—allowing you to focus on trading while the dashboard handles the calculations.  Key Features Real-Time Market Info: Symbol Display: Clearly identifies the current trading instrument. Dynamic Spread Monitor: Visual alerts when spreads exce

--- FREE VERSION - WORKS ONY ON EURUSD ------------------------------------------------------------------- This is a unique breakout strategy that is used for determination of the next short term trend/move. The full system is available on MQL5 under the name "Forecast System". Here is the link -->  https://www.mql5.com/en/market/product/104166?source=Site Backtest is not possible, because calculations are done based on the data of all timeframes/periods. Therefore I propose you use the technolo

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

ATR Bands with Take-Profit Zones for MT4 The ATR Bands indicator for MT4 is designed to assist traders in managing risk and navigating market volatility. By using the Average True Range (ATR), it helps identify key price levels and set realistic stop-loss and take-profit zones. Key Features: ATR-Based Bands : The indicator calculates dynamic upper and lower bands using ATR. These bands adjust based on price volatility, helping to indicate potential support and resistance levels. Customizable Par

Williams %R 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 Williams %R? Williams %R (Williams Percent Range) is a momentum oscillator developed by Larry Williams that measures the level of the closing price relative to the high-low range over a given period. Values range from -100 to 0, w

This indicator is the converted Metatrader 4 version of the TradingView indicator "ATR Based Trendlines - JD" by Duyck. This indicator works by automatically and continuously drawing trendlines not based exclusively on price, but also based on the volatility perceived by the ATR. So, the angle of the trendlines is determined by (a percentage of) the ATR. The angle of the trendlines follows the change in price, dictated by the ATR at the moment where the pivot point is detected. The ATR percentag

Sentinel Arrow Key Features: ⊗An exclusive algorithm for quickly and accurately identifying trends, reversals, and momentum changes. ⊗Designed for professional use, it features robust signal logic that eliminates delays or false updates. ⊗Suitable for various timeframes. ⊗Does not redraw, delete, or modify past signals. ⊗All BUY and SELL signals are generated on the candlestick itself and remain fixed. ⊗In real trading, there is no redrawing—signals appear instantly on the candlestick itself.

Triple Exponential Moving Average (TRIX) indicator with dual-line signals, 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 TRIX? TRIX is a momentum oscillator that displays the rate of change of a triple exponentially smoothed moving average. The indicator is calculated by applying three consecutive Expo

Contact me for any queries or custom orders, if you want to use this in an EA. Key Features: Pattern Recognition : Identifies Fair Value Gaps (FVGs) Spots Break of Structure (BOS) points Detects Change of Character (CHoCH) patterns Versatile Application : Optimized for candlestick charts Compatible with any chart type and financial instrument Real-Time and Historical Analysis : Works seamlessly with both real-time and historical data Allows for backtesting strategies and live market analysis Vi

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