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Free Technical Indicators for MetaTrader 4 - 8
Free BlueDigitsFx Utility + Ecosystem Access This free tool is part of the BlueDigitsFx trading infrastructure ecosystem. Get updates, workflow resources, product releases, and official ecosystem access through the BlueDigitsFx bot. Telegram Ecosystem
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MT5 Version
BlueDigitsFx Open Trades MT4 — Real-Time Pip Monitor for Active Trade Management BlueDigitsFx Open Trades is a free MT4 utility that displays the total pip result from all open trades directly on your chart in real time. The
FREE
A simple yet useful indicator to visually see the entry and exit points of orders on the chart
This indicator shows current open orders and completed orders on symbol
Indicator parameters Lines Buy color - specifies color of lines for buy orders Lines Sell color - specifies color of lines for sell orders Lines Width - sets the line width, works for Solid style types Lines style - sets the style of lines Lines positive profit color - sets the color for positive profit texts Lines negative profit
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Scalping indicator. It takes into account volatility, price movement in the local interval and the direction of the current trend. Recommended timeframe - M5. Advantages: Low volatility when a signal appears ensures minimal movement against an open position. The indicator does not redraw its signals. There are alert signals. It is a great tool for day trading.
Settings: Name Description Period Indicator period Range of each bar in the period (pp.) The maximum size of each candle in the indicato
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First RSI level indicator analyzes and displays the level, at which the first crossing of the standard RSI maximum or minimum value took place for the subsequent definition of strong trends. The indicator allows you to track the beginning of a trend that does not follow the signals of the standard RSI trading strategy, for example, when the price rushes downwards after reaching an oversold level instead of reversing. In this case, we have to conclude that a strong trend is underway and the next
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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 (
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AstroCycles: Advanced Financial Astronomy Indicator Overview AstroCycles is a sophisticated technical analysis tool developed for the MetaTrader 4 (MQL4) platform. It bridges the gap between orbital mechanics and financial market analysis by calculating precise astronomical cycles and visualizing them directly on your trading chart. Unlike standard indicators that rely on past price data, AstroMaster utilizes high-precision astronomical algorithms (Keplerian Elements and Brown’s Lunar Theory)
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The Heikin Ashi indicator is our version of the Heikin Ashi chart. Unlike competitor products, this indicator offers extensive options for calculating Heikin Ashi candles. In addition, it can be displayed as a classic or smoothed version.
The indicator can calculate Heikin Ashi with moving average by four methods: SMA - Simple Moving Average SMMA - Smoothed Moving Average EMA - Exponential Moving Average LWMA - Linear Weighted Moving Average
Main features The indicator shows Heikin As
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The Industry Machine is an all-in-one trading powerhouse designed to give traders a complete view of market dynamics in one glance. It combines a dynamic dashboard, smart supply and demand zones, reversal signals, and a multi-timeframe histogram to visualize market strength. At the heart of the system is its dashboard , which monitors all active currency pairs and shows the alignment of higher and lower timeframes. It tells you whether a pair is bullish or bearish on both the H4 and M30 charts,
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Limited-time free release: this MT4 indicator is free while we collect real trader feedback. Please leave a comment with requests, issues, settings ideas, or features you want us to consider for the premium version. Dynamic Speed Decay Trailing Stop MT4 is an EA-driven trailing-stop engine based on the exponential decay logic from our VolumeImpulse EA. It does not create entry signals. Your strategy supplies the trade direction, entry time, entry price, and initial risk, then this indicator calc
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ALPHA LIQUIDITY MAP – Smart Money Indicator Alpha Liquidity Map is a professional Smart Money Concept (SMC) indicator designed to reveal institutional liquidity zones, compression areas, and high-probability trading zones . This tool helps traders understand how the market truly moves — driven by liquidity and institutional behavior, not retail signals. CORE FEATURES Detect Buy & Sell Liquidity Zones Identify Smart Money Accumulation Areas Highlight Compression Zones before breakout
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Limited-time free release. ADR Range Projection Levels MT4 is free while MetaCoderStore collects trader feedback, comments, and feature requests for the first public version. ADR Range Projection Levels MT4 plots practical intraday volatility targets from completed daily ranges, showing whether the current session still has room to expand or has already reached its typical range. Use cases Plan realistic intraday targets with Average Daily Range projections. See current day open, high, low, ADR
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Regime Matrix is a multi-timeframe market-state indicator designed to classify current market conditions across selected timeframes. It displays a compact analytical panel directly on the chart and provides buffers for Expert Advisors through iCustom() . The indicator helps traders evaluate whether the market is trending, ranging, compressed, expanding, or overextended. Each timeframe is calculated independently, allowing short-term and higher-timeframe conditions to be compared in a single view
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This is a Sharkfin Arrows Indicator. Detailed explanation and TDI extras: https://www.mql5.com/en/blogs/post/759138
This indicator will show only Arrows. It does not have TDI symbols on chart. Please get the extras from links above for TDI indicators.
Sharkfin Scanner (paid): https://www.mql5.com/en/market/product/123566
TDI Scanner Dash (paid): https://www.mql5.com/en/market/product/41826
About: This Indicator finds the Shark Fin Pattern. It will show an arrow in the current bar if RSI sha
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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 and
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CS Pro An oscillator that measures market cycles through sine waves. The market doesn't always move randomly—it breathes in cycles. The CS Pro (CSO) identifies these cycles by mathematically decomposing price into sinusoidal components to extract the current market phase. How it Works The principle is straightforward: the trend is removed from the price, and the remaining cyclical component is converted into a phase angle via trigonometric projection. The resulting sine wave is highly correlated
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Fractal Reversal Pro identifies 1-2-3 reversal patterns based on fractals and displays potential trend reversals with visual arrows on the chart. Core Features: The indicator detects classic 1-2-3 reversal patterns through fractal analysis. Blue arrows mark bullish signals below price, red arrows mark bearish signals above price. Optional Filters for Signal Enhancement: Trend filter with moving average Volume filter for confirmation with above-average volume Higher timeframe confirmation for tre
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The Awesome Oscillator (AO) is an indicator used to measure market momentum. AO calculates the difference between a 34 Period and 5 Period Simple Moving Average. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. This indicator has email and pushup "mobile" features Alert, for any suggestions, please don't hesitate, thanks
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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
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Indicator Description: DISH X Imbalance (DIDTA/DIDFA) 1. Overview The DISH X Imbalance indicator is a sophisticated volume-based technical analysis tool for MetaTrader 4 that analyzes market order flow imbalance to identify potential trend reversals and fair value deviations. The indicator calculates two core values: DIDTA (Daily Imbalance Delta) and DIDFA (Daily Imbalance Delta Fair Value) , providing traders with insights into buying/selling pressure and market valuation. 2. Core Com
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The indicator, which displays two different pairs on one chart, is designed to simplify the displayed information, Able to work with almost all instruments available in the terminal (not only currency pairs, but also metals, raw materials). Feature of using the visual correlation method for any currency pairs
subsymbol. The currency pair is displayed on the screen with colored candles. This is the same correlated pair. mirroring. auxiliary currency. The indicator reflects two types of correl
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This Dashboard is free to download but is dependent on you owning the Gold Pro MT4 indicator. Get the indicator here: https://www.mql5.com/en/market/product/60430
The Dashboard will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator: Gold Pro MT4
all time frame and all symbol: smart algorithm detects the trend, filters out market noise and gives entry signals!!!
How to understand the status: Dashboard Show "Buy" - Buy Signal Das
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Limited-time free initial release. Currency Strength Heatmap MT4 is free while MetaCoderStore collects real trader feedback. Please leave a comment with broker suffixes, currency sets, dashboard requests, alerts, or scanner behavior you want prioritized. Currency Strength Heatmap MT4 compares EUR, USD, GBP, JPY, CHF, CAD, AUD, and NZD across the 28 major FX crosses on the current chart timeframe. It turns relative currency movement into clean strength lines so traders can quickly see strong-vers
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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
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Fair Value Gaps (FVG) Indicator for MT4 The Fair Value Gaps (FVG) Indicator is a powerful technical analysis tool designed to identify and visualize significant price imbalances in the market. These gaps, created when price makes a strong directional move, represent areas where price has moved so quickly that no trading activity occurred, potentially indicating institutional interest and strong market momentum. Key Features: Dual Gap Detection : Automatically identifies both Supply FVGs (bearish
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The indicator synchronizes eight types of markings on several charts of one trading instrument.
This indicator is convenient to use in conjunction with "Multichart Dashboard" or other similar assistant that allows you to work with several charts at the same time.
"Multichart Dashboard" can be found under the link on my youtube channel.
Settings:
enable vertical line synchronization
enable horizontal line synchronization
enable Trend Line synchronization
enabling Fibonacci Retracement synchron
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This indicator shows drawdown based on highest equity. Usually drawdown is used to show performance of a trading account especially when someone participate in a trading contest. If drawdown exceed a determined number, the contest account will be disqualified. So, I hope, this indicator will warn us in maintaining the drawdown and the account still be saved.
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Indicator designed for both beginners and professionals. RECOMMEHDATION Trade with this indicator for 2-3 weeks and you will feel significant progress in your trading. This indicator is developed based on the use of HMA, Laguerre, CCI . The indicator is clear and does not require any setting. Does not redraw and works by opening bar. It works on timeframes M1-D1. I use timeframe M5 to enter the market.
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1. Architectural Overview Most retail channel indicators (such as traditional Triangular Moving Averages or Centered Moving Averages) suffer from "repainting"—a deceptive mechanism where past signals alter their historical placement as new data flows in. Aegis Horizon Channel Pro eliminates this vulnerability. Built upon a robust Exponential Moving Average (EMA) baseline and mapped using the volatility expansion framework of the Average True Range (ATR) , the boundaries establish perman
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The indicator represents the session boxes for the Asian, European and American sessions. It is possible to change the time of each session, such as color. It is also possible to disable the display of each session. You will find in input parameters variables to modify time sessions in format hh:mm and the color of boxes of each sessions. If you need some implementations please contact me.
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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
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TILLSON MOVING AVERAGE Also known as TMA or T3 indicator. It is a moving average that uses EMA and DEMA in its formula and is calculated with the 3rd degree Binomial expansion. Pros; 1- erroneous signals encountered in other moving averages ( continuous zig zag ) has been reduced as much as possible. 2- prevented the delays seen in classical moving averages . 3- Very successful in trends Cons 1- It is not effective in horizontal markets. Setting parameters; period ; Altho
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MA Crossover Arrows is a simple indicator that draws arrows and alerts when two moving averages crossover.
Supported types of moving averages Simple Exponential Smoothed Linear Weighted
Supported Price types Close Open High Low Median Price (HL/2) Typical (HLC/3) Weighted Close (HLCC/4) When the fast moving average crosses above the slow moving average, a green up arrow will appear on the chart. When the fast moving average crosses below the slow moving average, a red down arrow will appear on
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MTF WPR Screener A compact multi-timeframe dashboard that converts Williams’ %R (WPR) into a clear, actionable signal: NOW: BUY/SELL with confidence % , plus the Best Entry TF suggestion and a simple volatility label . What you get NOW decision (every second): BUY / SELL + confidence % Best Entry TF: highlights the most suitable timeframe for entry in the current direction MTF table (optional): WPR values across timeframes in one panel (toggle “Details”) Two trade display modes: STRICT: shows
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Introducing the Consecutive Candle MT4, an innovative indicator designed to enhance your trading strategy by identifying streaks of bullish or bearish candles. This tool is perfect for traders in the forex, stocks, crypto, and commodities markets, providing clear signals and alerts to help you make informed decisions. With its ability to deliver timely alerts for trend confirmations and potential reversals, the Consecutive Candle MT4 is praised for its accuracy and ease of use. Many traders have
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TRADING FLOW USING AUTO FIBO MUSANG + ALERT SIGNAL 1. Wait for Breakout Alert (Auto Signal) The Auto Fibo Musang system will automatically trigger an alert when a potential breakout is detected from previous price structure.
This serves as the early signal that the market may be ready to move. 2. Identify the Entry Zone (Auto Fibo Levels) The entry zones are auto-plotted based on Fibonacci Musang levels :
Buy Zone (blue levels), Sell Zone (red levels).
No need to draw manu
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Hurst Buy and Sell This innovative indicator, inspired by xAI Grok intelligence, uses the Hurst exponent to identify the nature of the market and generate buy/sell signals. The EA for this indicator (Hurst Razer PRO EA MT5) is now available, you can see it by clicking here! https://www.mql5.com/es/market/product/153441?source=Site+Profile+Seller If you want more signals from the indicator, change the minimum number of bars between consecutive signals. The lower the value, the more signals it
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MA Intersection Indicator – Auto-Optimized Moving Averages This indicator automatically finds the most profitable Moving Average (MA) combinations within a selected period, considering both profits and losses. It helps traders quickly identify the best MA settings without manual testing. How it works: Buy signal: When the fast MA crosses the slow MA from below upward. Sell signal: When the fast MA crosses the slow MA from above downward. The indicator automatically tests different MA periods and
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The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator.
This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader5 Version | How-to Install Product | How-to
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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.
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Probability emerges to record higher prices when MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by 2nd & 3rd screenshot. Furthermore, divergence is confirmed
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COLORED TREND MA / MACD CANDLES draw MA Candles above/below Moving Average in a single color draw MA as a leading Line like a Supertrend draw MA as a Channel => MA High and Low draw MACD Candles above and below 0 and Signal-Line
Your Advantage: a simple view of the trend direction a simple view over the higher trend direction a calmer chart for the eye clear rules can be defined Settings: Bars to process : 6000 is my default, this value is up to you Value Quick-Set : pre-Settings MACD 12 / 26
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The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
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The IT Trend Colored indicator is a powerful tool designed by IT Trading (InfiniteTrades Software Corp) to assist traders in visually and effectively identifying market trends. This version is a custom indicator for the MetaTrader 4 trading platform.
Key Features:
• Trend Identification: The indicator uses a combination of simple moving averages (SMA) to determine the direction of the market trend.
• Intuitive Coloring: Upward trends are represented by bold green histograms, downward trends
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SMC Institutional Visualizer with Weekly Range Box - Detect Liquidity Sweeps, BOS, Order Blocks, FVGs & Weekly Key Levels Complete Smart Money Concepts (SMC) indicator for institutional trading visualization. Detects Liquidity Sweeps, Break of Structure (BOS), Order Blocks, and Fair Value Gaps (FVG). Now includes Weekly Range Box showing last closed weekly candle's high, low, and midline. Fully customizable colors and styles. Perfect for price action and supply/demand traders. Long Description
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Risk Reward Tool , It is easy to use. With this tool you can see the rates of profit loss profit. You can see your strategy and earnings reward status of your goals.Double calculation can be done with single tool. Move with drag and drop. You can adjust the lot amount for calculations. The calculation results are shown in the comment section. There may sometimes be graphical errors during movements. Calculations works at all currency. Calculations All CFD works. Updates and improvements will co
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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
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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.
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This indicator gives fewer signals but precise when it does. Its a little scaled down version of ControlEdge Fx indicator , that gives less number of signal with less precise. If you want one the gives more signals and more accurate in catching larger trends you might want to check out ControlEdge Fx in this link https://www.mql5.com/en/market/product/175731
Enter Buy when the Blue Arrow appears Exit Buy when the Red X sign appears
Enter Sell when the Red Arrow Appears Exit Sell when the
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Advanced MACD (Moving Average Convergence Divergence) with dual-line signals, single-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 MACD? The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator that shows the relationship between two exponential movi
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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
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Adaptive Moving Average (AMA) is a trend indicator using moving average and market noise filter. Indicator feature are blue and red points, showing the power of trend. Recommendations for trading: Auxiliary Indicator Detecting trend Detecting power of trend Detecting potential reversal points Main indicator Shows entry points for swing trading Serves as dynamic support and resistance Recommendations for use: Any instrument Any timeframe Input parameters: Period - AMA period Fast Period - fast
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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
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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
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Precision Trailing Stop is a dynamic trailing stop indicator that anchors itself to real market structure instead of lagging moving averages or fixed ATR multiples. It identifies key structural price levels on both sides of the market, builds adaptive support and resistance bands, and engages a ratcheting stop that only moves in your favour. As market structure evolves, outdated levels drop out of the calculation automatically. The result is a trailing stop that stays tight to price action whe
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Automated Support and Resistance Analysis The image uses three distinct horizontal lines to automatically identify the most significant price levels that the market is currently testing or respecting. 1. Major Resistance Level (Red Line) Location: Established just below the initial major peak. Analysis: This is the most crucial overhead supply area. When the initial uptrend ended, the market made a second attempt to move higher, but it was firmly rejected at this level. This confirms significant
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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
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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
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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
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This is an unconventional version of the Heiken Ashi Smoothed indicator implemented as lines rather than a histogram. Unlike a usual histogram, the indicator draws the readings of the two moving averages in the form of colored lines.
Example If the candle crosses two indicator lines upwards, a trend is assumed to be changing from bearish to bullish. If the candle crosses two indicator lines downwards, a trend is assumed to be changing from bullish to bearish. The indicator is good at displaying
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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
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Candle Pattern Finder
Candle Pattern Finder is a powerful MT4 indicator designed to help traders easily detect key candlestick patterns in real-time. Whether you're trading trends, reversals, or consolidations, this tool highlights important price action signals directly on the chart — helping you make faster and more confident trading decisions. Detects popular candlestick patterns: Bullish/Bearish Engulfing Hammer & Inverted Hammer Shooting Star & Hanging Man Three White Soldiers Three Black
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This indicator is an addition to "Trend Edges."
The "Trend Edges histogram" indicator determines whether the trend is rising or falling. It is suitable for any time frame (tested on DAX).
Find a trending pair, index or CFD. Additionally :
-Sound alert on trend change.
-Alert Notification
-Alert Notification on your mobile phone Check my other indicators.
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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
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Time your Entry and Exits with Average True Range (ATR) Trailing Stops ATR Trailing Stops are primarily used to protect capital and lock in profits on individual trades but they can also be used, in conjunction with a trend filter, to signal entries. The indicator will help make your calculation of stop loss easier as it will be visually aiding you in choosing where to put your stoploss level on the chart by calculating the current value of ATR indicator. For those who are unfamiliar with ATR, i
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Th indicator is a technical analysis tool that helps identify significant changes in price trends and filter out minor price fluctuations. It is used to highlight price swings and provide a clearer picture of market movements. The Pivots are found by checking if a certain candle is the highest/lowest in a given number of candles that come before and after it. This indicator has only one input, its period. The Higher the period, the more strict the indicator is about what constitutes a Pivot. Th
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Price Channels are also known as Donchian Channels being named after Richard Donchian. They use the highest and lowest price of a set number of periods to create an upper and lower channel or envelope around the price. The upper channel shows the high of the number of periods chosen. The lower channel shows the low of the number of periods chosen. For example, the screenshot shows the Price Channels using 320 periods. The upper channel in the screenshot shows the highest high of the previous 3
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DONCHIAN CHANNEL DC It is a trend indicator developed by “Richard Donchian”, consisting of 3 layers, the upper channel, the lower channel and the middle channel. It is created on the Donchian Channel by plotting the highest and lowest prices reached in the past period on the price chart. It is also used to measure the volatility of the market, as it is an expanding/contracting channel according to the increase/decrease of price volatility. Method 0; Donchian channel indicator drawing. BUY/SELL S
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The channel indicator is trending and does not repaint. It creates an ATR price channel with the opposite volatility border. The indicator has proven itself well in the strategy of trading on impulse levels and fake breakout. The entry point should be looked for on the correction to the indicator line, and the take profit should be set on the opposite border.
Blog-Link - Retest and Fake Breakout with UPD1 .
Input parameters.
Bars Count - history to display. ATR - average true range period.
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The standard KDJ indicator is presented by KING.Ai. This indicator were built base on the the theory of KDJ . KDJ is a very effective and useful strategy to trade especially in swing trading. Method to apply (please also refer to the graphic): 80/20 rule: Price from bottom to top 20 to 80. And price from top to bottom 80 to 20. Both is enter market signal. Indicator period: The indicator is made by period 9,3,3 KING.Ai Forex trader believe that such strategy must complement with other indicato
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The ZigZag Repaint Tracker indicator is a powerful tool for traders and analysts, which not only constructs the classic ZigZag but also carefully tracks all instances of its repainting across the entire historical dataset. Main features and advantages:
Full history analysis: The indicator analyzes the entire available chart history, identifying moments when ZigZag changed its extremes, which allows understanding the dynamics and reliability of the constructions. Tracking repainting: Unlike stand
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The MetaTrader Market offers a convenient and secure venue to buy applications for the MetaTrader platform. Download free demo versions of Expert Advisors and indicators right from your terminal for testing in the Strategy Tester.
Test applications in different modes to monitor the performance and make a payment for the product you want using the MQL5.community Payment System.
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