Free Technical Indicators for MetaTrader 4 - 8

IMDFIbo is an indicator for the MetaTrader 4 terminal that automatically builds a grid of Fibonacci levels based on historical data. The tool is designed to visualize potential support and resistance zones on the price chart. How It Works The indicator analyzes historical price highs and lows over a specified period and builds Fibonacci levels based on them. The distinctive feature of the tool is the recursive construction of the grid: each interval between levels can be further divided into sm

Zen Arrows Designed for professional use, it features robust signal logic and secure calculations that eliminate delays or false updates. It 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. It provides professional-level stability, accuracy, and flexibility. The system accurately identifies trend reversals and momentum chan

Level Box Tool   is a powerful and user-friendly custom indicator designed for traders who utilize   technical analysis tools   like   rectangles   and   trend lines   to identify key support, resistance, and price zones. This tool simplifies and speeds up the process of marking chart levels, offering both visual clarity and precision with its fully customizable panel, and now includes   price-cross alerts   — so you’ll never miss a key level again. MT5 Version -  https://www.mql5.com/en/market/

Zig Zag 123 tells us when a reversal or continuation is more likely by looking at the shift in supply and demand. When this happens a signature pattern appears known as 123 (also known ABC) will often break out in direction of higher low or lower high. Stop loss and take profit levels have been added. There is a panel that shows the overall performance of your trades for if you was to use these stop loss and take profit levels.  We get alerted if a pattern 123 appears and also if the price re

"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

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

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

ALGO BOX – Advanced Day Trading System ALGO BOX is a powerful day trading indicator designed for serious traders who demand precision and reliability in breakout trading. Combining advanced price action analysis with real-time data, it helps you spot high-probability trades while keeping risk under control. Why ALGO BOX Stands Out Identify clear, profitable breakout opportunities Reduce false signals for better trade accuracy Track your trading performance with live stats Make smart, data-driven

The most crucial price level in any "Volume Profile" is the "Point of Control" . It is the price level with the highest traded volume. And mainly, it is the level where the big guys start their positions, so it's an accumulation/distribution level for smart money. The idea for the indicator arose after the "MR Volume Profile 4" indicator was created. When creating the "MR Volume Profile 4" indicator, we spent a lot of time comparing the volumes with those from the volume profile in the  NinjaT

TCL Super RSI is a Relative Strength Index (RSI) indicator for MetaTrader 4 with timeframe-adaptive settings. It detects the chart's timeframe and applies a different RSI period and overbought/oversold threshold optimised for that timeframe, ranging from a 7-period RSI for M1 scalping to a longer-period smoothed RSI for Daily and Monthly charts. How It Works The standard 14-period RSI is a single fixed setting that responds differently on different timeframes. On fast charts the same period is

AW Super Trend -This is one of the most popular classic trend indicators. It has a simple setting, allows you to work not only with the trend, but also displays the stop loss level, which is calculated by this indicator. Benefits: Instruments:   Currency pairs , stocks, commodities, indices, cryptocurrencies. Timeframe: М15 and higher. Trading time: Around the clock. Shows the direction of the current trend. Calculates the stop loss. It can be used when working with trading. Three types of noti

Clean Static Supply & Demand Zones: The Ultimate Noise-Free S&D Indicator Are you tired of messy charts filled with too many support and resistance lines? Most Supply & Demand (S&D) indicators draw every single minor reaction on your chart, leaving you confused and trapped in "chart noise." Clean Static Supply & Demand  is designed differently. Built for pure Price Action traders, this indicator acts like a professional analyst. It scans historical data, finds the most critical institutional pri

VWAP for IntradayTraders Session-aware VWAP lines for fast, precise scalps. Best used with OmniFlow Intraday Trading system : https: // www.mql5.com/en/market/product/179363 ️ Inputs (MT4/MT5) Enable_Hourly_VWAP: Toggle hourly VWAP. Enable_Asia_VWAP: Toggle Asia session VWAP. Enable_Europe_VWAP: Toggle Europe session VWAP. Enable_NA_VWAP: Toggle North America session VWAP. Enable_Extended_VWAP: Toggle extended session VWAP. Enable_Daily_VWAP: Toggle daily VWAP. Asia Session (GMT) Session_A

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

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.

Railway Tracks Pattern — Reversal Pattern Indicator Railway Tracks Pattern is an indicator that automatically detects a powerful two-candle reversal pattern on the chart. It looks for two candles with opposite directions (bullish and bearish), similar in size, and with minimal wicks — a clear sign of momentum shift. How it works: The first candle is strong and directional. The second candle moves in the opposite direction and is of similar size. Both candles have small shadows (wicks). The

Introducing CM EMA Trend Bars MT4, an innovative indicator designed specifically for MetaTrader 4 that helps traders identify market trends using Exponential Moving Averages (EMA). This powerful tool is perfect for both novice and experienced traders looking to enhance their trading strategies and capitalize on market movements. With CM EMA Trend Bars MT4, you gain a competitive edge by receiving timely trading signals based on price action. It allows you to make informed decisions, ensuring you

The indicator plots a trend channel using the technique by Gilbert Raff. The channel axis is a first-order regression. The upper and lower lines show the maximum distance the Close line had moved away from the axis line. Therefore, the upper and lower lines can be considered as resistance and support lines, respectively. A similar version of the indicator for the MT5 terminal As a rule, most movements of the price occur within a channel, going beyond the support or resistance line only for a sh

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

Perfect for one minutes high trading and scalping. This indicator is very effective for trading on one minutes, in the hour. A combination of moving averages and STOCHASTICS calculation to produce a very convincing signal every hour. Blue colour signals a buy opportunity. Follow the X signs for possible buy points. The Blue average line serves as possible trend direction and support. Red colour signals a sell opportunity. Follow the X signs for possible sell points. The Red average line serves a

TrendMaster Ultra | Structure-Based Trading Without Guesswork Tired of indicators that repaint after the fact? Sick of counter-trend oscillator signals firing in the middle of a powerful move, and endless stop-losses triggered by market noise? TrendMaster Ultra is not just another arrow indicator; it is an intelligent filter of market reality for MetaTrader 4. The system combines strict Price Action logic (Smart Money Concepts) with adaptive technical analysis. This tool takes over the most co

The presented product is a trend indicator of technical analysis that builds dynamic support/resistance levels based on the volatility of a financial instrument. The indicator allows you to determine the entry points into the market at the moment the price overcomes dynamic support/resistance level and to set a reasonable level for fixing a loss/profit. The indicator is a simple and effective tool that (depending on the parameter settings) can be used in almost any market and for any trading st

Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications Benefits: Works on all instruments and timeseries Trend indicator with   oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert MT5 version ->  HERE  / Our news ->  HERE   How the indicator works: AW Classic MACD - Indicator of

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.

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

Harmonic Patterns are utilized for predicting market turning points with precision. These patterns offer a high win rate and numerous trade opportunities within a single trading day. Our indicator identifies the most prominent Harmonic Patterns based on principles outlined in Harmonic Trading literature. **IMPORTANT NOTES:** - The indicator does not repaint, lag, or redraw. It accurately identifies patterns at the D point, ensuring reliability in pattern detection.    **HOW TO USE:** 1. Drag

================================================================   TradeInfoS_en  -  Trade Statistics Indicator for MT4   Copyright (C) 2014 fx-mt4ea.com ================================================================ OVERVIEW -------- Displays trade history statistics and market info in a separate indicator window. Shows results for All-time, This Month, and This Week in three columns. DISPLAY LAYOUT -------------- [ S ]  T:xx/W:xx/L:xx/R:xx%/PL:xx    <- All-time stats [ M ]  T:xx/W:xx/L:xx

Head and Shoulders Pattern Indicator - Your Key to Recognizing Trend Reversals Unlock the power of pattern recognition with the "Head and Shoulders Pattern Indicator." This cutting-edge tool, designed for MetaTrader, is your trusted ally in identifying one of the most powerful chart patterns in technical analysis. Whether you're a novice or an experienced trader, this indicator simplifies the process of spotting the Head and Shoulders pattern, allowing you to make informed trading decisions. Key

Dynamic CMF Calculation: Customize the period for the Chaikin Money Flow (CMF) to fine-tune your analysis and maximize signal precision. Intuitive Color-Coded Alerts: Instantly interpret market conditions with clear visual cues: Green Alert: Indicates the Overbought zone – signaling a potential selling opportunity. Red Alert: Indicates the Oversold zone – suggesting a potential buying opportunity. Gray Alert: Represents the Neutral zone – a signal to wait for a confirmed trend or reversal. Autom

A revised version of a very well-known trend indicator, SkDon Trend Signal. This is an assistant indicator that shows the strength and direction of price movement. It colors the chart with colored bars (histograms): blue bars grow upward, red bars downward. Blue bar - bullish sentiment (price may go up). Red bar - bearish sentiment (price may go down). The taller the bar, the stronger the signal. If the bars are short or almost absent, the market is calm, it is better not to enter. Why is it nee

The indicator display the maximum horizontal volume on the selected timeframe. Based on the UPD1 Volume Box indicator . The lines can be connected or separated. In the settings, you can enable smart touch alert. Such an indicator will be useful for those who trade according to the market profile and the concept of smart money. Input parameters. Main Settings. Bars Count - indicate the number of bars on which the TF POC will be drawn. Data Source - the time frame from which the ticks will be u

When you get one of my indicators, you also receive a free one‑week version of any of my other indicators, so you can test how they work and see whether they fit the trading system you want to build. MACD indicator with divergence detection, histogram, arrows, labels, dashboard, and alerts. Overview MACD Divergence Pulse calculates MACD values and detects regular and hidden divergences using a fractal-based pivot method. It draws lines on the price chart and MACD window, places arrows and label

FREE for the First 50 Users ================================================================   ShowKillZones v1.0   - Corrected NY AM end time from 11 to 10, and NY PM end time from 17 to 16 (adjusted to Kill Zone hours) [cite: 321, 326]   - Changed NY AM/PM labels to Kill Zone [cite: 321, 326] v1.0  -  User Manual [cite: 321] ================================================================ [Overview] This indicator displays ICT Kill Zones (session hours) on the chart as background zones an

EXTREME PRO ULTRA CLEAN transforms complex market analysis into a clear visual decision framework designed to identify high-probability trading environments. Instead of relying on lagging indicators or subjective interpretation, the system evaluates real market conditions using: Average Daily Range (ADR) Directional bias derived from Daily Open Price displacement strength Probability scoring model Institutional decision matrix The result is a clean dashboard showing when to trade, when to wait,

Murray's mathematical levels are based on observations by Gann and his theory of the squareness of prices. According to Gann, the price moves in 1/8 of the range. These 1/8 allow us to get different resistance and support levels for a given chart, which have their own characteristics. After a breakout of -2 or +2 levels, or with a decrease in volatility, they are rebuilt. You can choose which period to display (current or entire history). All lines are drawn through buffers. Blog-Link -   Murrey

Commodity Channel Index (CCI) 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 CCI? Commodity Channel Index (CCI) is a versatile oscillator developed by Donald Lambert in 1980 that measures the deviation of price from its statistical average. The indicator compares the current price level t

MA Assistant MT4 Introduction Visual Trend Detection   – Instantly identify bullish and bearish market movements using smooth and colorful chart zones MA Crossover Alerts   – Receive real-time alerts when fast and slow moving averages cross Multi-Timeframe MA Heat Map   – Analyze moving average conditions across multiple timeframes in one clear table MA Difference Measurement   – Displays the difference between two moving averages every 10 candles to help measure trend strength and momentum Prof

Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T

First 20 Downloads FREE ## 1. Overview $2014 MA Perfect Order All-Currency Scanner Detects "Perfect Order" moving average alignment across all currency pairs simultaneously. A Perfect Order occurs when 3-5 moving averages of increasing periods are stacked in a single, uninterrupted order $2014 proof that price is trending cleanly with no conflicting timeframes.   BUY  signal : Shorter-period MAs are all above longer-period MAs (fast-to-slow stack) -> strong uptrend   SELL signal : Shorte

-- Simple but effective. Inversion Indicator -  What is it? A trend-following overlay indicator that combines SuperTrend logic with exponential curve technology. It detects trend direction, draws a dynamic channel on the chart, and sends real-time alerts when the trend reverses. How does it work? The indicator calculates an exponential baseline using ATR and a SuperTrend factor. When price closes above or below this baseline, a trend reversal is confirmed. A green arrow marks the start of a

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.

.................................if you need pivot point s levels............................... ............................this is a daily pivot point level creator........................... ...it is for daily pivots and show levels at times period H4 , H1 , M30 , M15 ,M 5... .................................also shows levels for 3 last days.............................. ................can use it with other indicators and see important levels...............

An indicator based on non repainting ZigZag and some filters. This indicator is available free on market (also need to be specified in the parameters): https://www.mql5.com/ru/market/product/152748 It is a first version to test and adjust. Maybe get some feedback. There is only one parameter: MaxBars to limit history calculation. If value is zero than it uses all available bars. It works only on these timeframes: from M1 to H1. As soon as it doesn't repaint live behavior is the same as on back t

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! Crypto_Forex Indicator "CCI with Alerts" for MT4, No Repaint. - CCI is one of the most popular oscillators for trading. - Built-in PC and Mobile Alerts for both: Entry to OverSold/OverBought zones and Exit from OverSold/OverBought zones. - With adjustable trigger levels for Alerts activation

Prime Power is a professional analytical tool for MetaTrader 4 designed to identify the real-time strength and weakness of 8 major currencies. Unlike traditional indicators that analyze a single pair, this system monitors the entire Forex market simultaneously, revealing powerful trends and high-probability reversal points through the mathematical comparison of relative capital flows. Core Features & User Instructions 1. Smart Interactive Dashboard The central control hub that automatically sort

Twin Range Breakout Trading System This indicator is a session-based trading model designed to detect structured market breakouts across major trading sessions and generate high probability BUY and SELL signals using sequential liquidity and moving average confirmation. Core Concept The system identifies trading opportunities by analyzing: Session high and low liquidity levels Sequential breakout structure between sessions Market expansion after liquidity sweeps Moving average pullback entries f

This Custom Mapping Tool is an innovative MT4 indicator that simplifies the process of marking and mapping charts. With this tool, you no longer have to waste time rewriting repetitive words, rectangles, and trendline colors every time. New Feature V5.60: Draw path - Same as the TV Path drawing mode, which is very useful for naked chart trader. You can draw zigzag, draw your patterns manually. Change style in indicator setting.  Crop function disabled by default. Can be enabled and show button c

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

Trading Sessions 3: Visualize Global Market Activity Trading Sessions 3 is an intuitive indicator designed to clearly display the key intra-day trading sessions: Asia, London, and New York . Gain a clear understanding of global market activity and pinpoint periods of increased volatility for strategic trading decisions. Key Features: Global Session Visualization: Easily identify the active trading hours for the Asia, London, and New York sessions directly on your charts. Volatility Insights: Un

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

FREE — see your spread the way your backtest never showed it: per bar, against its own average, and against a ceiling you set. 100% free, no limitations. If it earns a place on your charts, a short review is the one thing that helps us most — it takes 30 seconds and it is what lets other traders find this tool. Our best seller for MT4 — Gold Viper Breakout (XAUUSD, MT4 version): https://www.mql5.com/en/market/product/182520 Want it traded automatically? Megamax Donchian Trend does exactly th

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

RSI Assistant MT4 – Advanced RSI Trading Tool Key Features Smart RSI Visualization   – Clearly highlights overbought and oversold zones with smooth color-filled areas Advanced Signal Detection   – Displays bullish and bearish arrows with different colors based on RSI zone strength (70, 80, 90 / 30, 20, 10 levels) Zone-Based Alerts   – Receive separate alerts depending on the strength of RSI signals in different zones Multi-Timeframe RSI Panel   – Monitor RSI values across M15, M30, H1, and H4 us

Trade with reliable buy & sell arrows! Download now  and see how it works !  High-Performance Signals Suitable for trend-following or trend trading Never repaints, recalculates, or backpaints signals This is   FREE / DEMO /   version and  works only on EURUSD M15, M5“  (demo version; no suffix/prefix brokers). Test it   FREE  now - see real results! TREND REVERTING PRO  full version here :  Get accurate arrows on every setup! Trade safely - full version works on all symbols & timefra

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one bar in order to confirm the color (trend) change. Input parameters Wait for candle close: 'true' or 'false'. Setting it to 'true' will delay the alert to the opening of the bar following the bar where the color change occurred.

Kiwi Gold Market Scanner MT4 Kiwi Gold Market Scanner MT4 is a free XAUUSD market analysis indicator designed to give Gold traders a clear, easy-to-read view of current market conditions directly inside MetaTrader 4. Instead of relying on a single indicator, the scanner combines multiple forms of market analysis into one dashboard and produces a simple market score and recommended action . The objective is simple: Scan Gold. Understand the market. Make better-informed trading decisions. Choose Y

This automated VOLUME SCALPING INDICATOR can be utilized to manage trades and identify potential areas of support and resistance for both buying and selling. It is designed to identify zones for Sell/Buy trades based on the volume analysis and can be effectively used in conjunction with other indicators, such as order block indicators, and more. Currently designed for MT4, it will later be adapted to function on MT5. We also offer the opportunity to customize the robot according to your trading

RT_TrendlineTool : Semi-AutoTrendline Tool on MT4 2 easy steps, just press the [T] button on your keyboard and click on the Swing High/Low that you're interested. Then the indicator will try to draw a trendline that runs through only the wick, not cut through candlestick's body and try to cross the swing point as much as possible with the least slope of the trendline. You can draw up to 10 trendlines. You are able to get alert when price breakout these trendlines.  Additional Hotkey : Press [M]

Artemis Bitcoin Blaster MT4 Indicator First 10 copies are FREE!  Artemis Bitcoin Blaster MT4 Indicator is a crypto-focused trend and momentum indicator with easy-to-use dashboard designed for Bitcoin and major crypto symbols on MetaTrader 4. It combines closed-candle BUY/SELL signals, "Blast" Energy scoring, trend filtering, volatility checks, spread control, visual trade-plan levels, TP/SL hit tracking, and a clean on-chart dashboard. The indicator is designed as a decision-support tool. It d

Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig

### ADX and DI v1.00 Faithful MQL4/MQL5 port of BeikabuOyaji's "ADX and DI" indicator from TradingView, one of the most widely used ADX implementations on the platform with over 43,000 users. It displays +DI, −DI, and ADX in a single subwindow, using a hybrid smoothing approach — Wilder's method for the Directional Indexes and a simple moving average for the ADX line. #### How it works The indicator implements Welles Wilder's Directional Movement System with one notable variation in the fina

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

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

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

A carry trade can quietly collect swap for three months and then lose all of it to price movement in a week. What matters is not the size of the swap but its size relative to how much the symbol moves. The raw column in your terminal cannot answer that: the figures are published in different units, the contracts are different sizes, and the volatility differs by an order of magnitude. Those numbers were never comparable with each other. Swap Scanner converts every symbol to a single figure in

Make no mistake, this is not just another indicator; it's much more than that! Welcome to a groundbreaking approach! Sunrise Divergence is not just another tool; it represents a deep understanding in how market dynamics are analyzed and traded. This indicator is crafted for traders who seek to navigate the markets with precision, leveraging the powerful concept of asset correlation, both positive and negative, to unveil trading opportunities that many overlook. In the markets, understanding th

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

Developed by Chuck LeBeau, the Chandelier Exit indicator uses the highest high / lowest low -/+ a multiple of the ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction.The value of this trailing stop is that it rapidly moves upward in response to the market action. LeBeau chose the chandelier name because "just as a chandelier hangs down from the ceiling of a room, the chandelier exit hangs down from the high

The indicator is completely based on the classic MFI indicator. I recommend watching my advisor -   Night Zen EA It contains two basic trading strategies: The output of the MFI line from overbought/oversold zones. The entry of the MFI line into the overbought/oversold zones. Arrows are drawn after confirming the signal by strategies and are not redrawn. Alerts are also registered: Alerts Push notifications to the mobile terminal email Settings: MFI period - the period of the MFI indicator Lev

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