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New Technical Indicators for MetaTrader 4 - 112

icon Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes.
Sign of victory is a new indicator based on three digital filters. The indicator plots three histograms in a separate window, and also draws an arrow on the price chart. Each histogram is a digital filter that converts quotes and decomposes them into trends: buy or sell. The examples of market entries using this indicator are shown on the screenshots using arrows. This indicator can help traders better assess the market situation. Sign of victory features The indicator is perfect for scalping
Real Waves MTF
Mikhail Reva
2 (1)
The indicator shows the real waves of four (selectable) timeframes on the current chart, displaying the wave structure of the market. The indicator is able to monitor the formation of waves in real time. It informs the trader when the wave of the current or higher timeframe is completely formed. It visualizes waves starting from the current timeframe and higher. Convenient and customizable visualization of the wave structure of the market. When using this indicator, there is no need to manually
DYJ Sharp advanced algorithm that detects new trends and current trend continuations for use as an entry and exit strategy. The strategy display the SHARP trend demarcation area. This SHARP area has high HighLine and low LowLine. Falling of high below HighLine of SHARP and then falling of close below LowLine of SHARP can be interpreted as a signal to sell. Rising of close above HighLine of SHARP and then rising of low above LowLine of SHARP can be interpreted as a signal to buy. The signal for e
The Discrete wavelet transform indicator is an enhanced implementation of the numerical and functional analysis for MetaTrader 4, the discrete wavelet transform method (DWT). The specific feature of DWT is the way the wavelet is represented in the form of a discrete signal (sample). DWT is widely used for filtering and preliminary processing of data, for analyzing the state and making forecasts for the stock and currency markets, for recognizing patterns, processing and synthesizing various sign
TBP All in One
Dmitry Fedoseev
5 (2)
All patterns from Encyclopedia of Chart Patterns by Thomas N. Bulkowski in one indicator. It draws an up or down arrow whenever a pattern is identified. Patterns are selected in the drop-down list of the Pattern variable (located at the beginning of the properties window). The indicator has numerous external parameters, some of them apply to all patterns, while others are selective. To see more information on the parameters used for the selected pattern, enable the ShowHelp variable (located at
The indicator shows possible reversal points. It is based on several candlestick patterns + an oscillator. The indicator is easy to use: install it and watch arrows. Sell when a red arrow appears and buy when a blue arrow appears. If you set the Alert option in the indicator parameters to True, the indicator will show an alert window with information about the currency pair, on which the signal has formed. ALERT = True/False; Attention ! It is not the Holy Grail for trading, errors may happen.
This indicator shows the current market situation relative to the price volatility channel, its external and internal boundaries, displays the last direction of the price movement. The main purpose of the indicator is to identify the trend movement and its boundaries. With a wide channel, it can be used for determining the initial price movement waves. It works on any instrument and any time frame of the chart. It works in 2 different modes: The first mode shows any changes in the channel when t
PipFinite Trend PRO
Karlo Wilson Vendiola
4.9 (2775)
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa
In Forex trading, the Open price of a new period is usually the same as the close price of the preceding one. If a new period opens at a price significantly different (higher or lower), this gives way to a Gap scenario. This suggests an imbalance in the price action. Price tends to move during the new period to cover the gap created. This move presents consistent buying and selling opportunities; hence potential to make profit. There are two types of Gap scenarios 'Gap Up' - Open price of the ne
PDP indicator is used for: defining price probability distributions. This allows for a detailed representation of the channel and its borders and forecast the probability of a price appearing at each segment of its fluctuations; defining the channel change moment. Operation principles and features PDP analyzes a quote history on lower timeframes and calculates a price probability distribution on higher ones. Forecast algorithms allow the indicator to calculate probability distributions and m
This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage. A huge advantage of Reversal Zone Lite is the
This is a trend following indicator that identifies optimal entry points in the direction of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a Downtrend on the chart. When those levels are broken, that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in
FREE
Renko Bars 3in1
Yuriy Shatsckiy
5 (2)
The Renko_Bars_3in1 is designed for plotting 3 types of Offline Renko charts. Standard Renko Bar (the reversal bar is twice the size of the bar). Renko Range Bar (the size of all bars is the same). Renko Bars with the ability to adjust the size of the reversal bar. Attention : The demo version for review and testing can be downloaded here . Note . A chart with the M1 period is necessary to build an offline chart. When the indicator is attached to a chart, the offline chart is opened automaticall
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak. Note: This indicator does not show strength lines, it just shows the digital result on chart. Another version with strength lines: Currency Relative Strength Inputs BarsToCalculate - Number of bars to calculate strength. MaPeriodsToSmoothLines - Moving Average periods f
This is a ready-made strategy for binary options! Support/resistance levels are used to form a signal, while a number of built-in indicators are applied to sort out incoming signals. An arrow appears during a signal formation. If the signal is active, then the arrow remains after the close of the bar; if the signal is not strong enough, the arrow disappears. With a small number of signals and a small trading time, you will not need to sit all day at the computer, especially since you can enable
CorrectTrend
Pavel Krysanov
This indicator is designed to help traders in determining the market entry and exit points. It is very easy to use: open s BUY deal when the up arrow appears and open s SELL deal when the down arrow appears. The indicator is based on the basic indicators (MA, MACD, RSI) as well as original algorithms. The indicator does not redraw, arrows appear when a new candle opens. Input Parameters: strength - indicator period EnableAlerts - enable/disable alerts EmailAlert - send notifications to email w
Based on Vitali Apirin's idea, here is a momentum indicator that he describes as a tool to help traders determine the direction of a trend. If the green line is over the red line, the trend is upward; if the red line is over the green one, the trend is downward. The indicator is made up of two separate calculations: the HHs or higher high stochastic, and the LLs or lower low stochastic, which together comprise the HHLLs. Vitali Apirin uses ideas he discovered while studying the stochastic oscill
DSProFx Momentum Indicator is a forex indicator that works based on market price momentum calculation which shows combination of two different timeframes. Concept DSProFx Momentum Indicator works in any timeframe with the main concept is giving momentum index to each candle or bar which is calculated from the Bar Volume , LookBack Period and Candle Direction (Bearish or Bullish). Formula Momentum Index = Sum (Bar Volume * Weight) / Total Weight. Features DSProFx Momentum Indicator is a sep
Market Trend - a comprehensive system for determining the trend direction. Analyzes the market using a formula which considers the values of multiple technical indicators and other trading strategies. IT determines not only the current trend direction, but also its movement strength. The indicator is intuitive and very easy to use. The information on the current trend direction and its movement strength are displayed on the chart. If the indicator shows "UP!" then an uptrend is currently present
This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly. This is a non-repainting MTF indicator. When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above. There is a Pop up, email, and push notification alerts for each chosen timeframe separately. The indicator place a dot on the price chart. For bullish engulfing candle
Cosmic Diviner X Planet
Olena Kondratenko
4 (2)
This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for
This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato
PipTick World Flow indicator is a unique tool that allows traders to see the flow of the global economy in one window. Basically, it shows the current strength of oil, gold, dollar and stock market in one chart. It helps to understand the basic relations and correlations between those markets. Relationships between markets Oil - The Boss - The whole world economy is based on oil. Oil is the king, the boss of all bosses, the capo di tutti. Oil instructs gold what to do. Gold - The Manager - Gol
This indicator contains a custom version of the classic Turtle Trader indicator. It implements both the main system ( S1 ) and fail-safe system ( S2 ) as described by the original Turtles. Notifications can also be enabled for trade signals. The main rule of the indicator is to generate a signal when a T -period breakout occurs. A stop signal is then generated when an S -period high or low is breached. The T -period value is the number of periods used to evaluate a trend. S -period values are th
The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te
Trend assist
Viktor Glovluk
5 (1)
Easy to use trend indicator. Only one adjustable parameter that does not require optimization, which is responsible for the timeframe of the second line of the indicator. It can take three values: current - the second line is not calculated, one higher - one timeframe higher that the current one, two higher - two timeframes higher than the current one. The system for determining the market direction is based on a proprietary method, which uses the two most effective standard indicators (CCi and
ScalpingPro
Andrey Spiridonov
ScalpingPro is a new indicator for professional traders. The indicator is a ready-made scalping strategy. The algorithm calculates a micro trend, then searches for price roll-backs and forms a short-term trading signal according to a market price. The indicator consists of a data window and a graphical signal on the chart in the form of an up or down arrow. The data window displays the current trading symbol, spread and appropriate trader's actions: WAIT, SELL and BUY . Advantages the indicato
The Vortex Indicator was inspired by the work of an Austrian inventor, Viktor Schauberger, who studied the flow of water in rivers and turbines. Etienne Botes and Douglas Siepman developed the idea that movements and flows within financial markets are similar to the vortex motions found in water. The Vortex Indicator was also partly inspired by J. Welles Wilder's concept of directional movement, which assumes the relationship between price bars gives clues as to the direction of a market. This i
Two MA Crossover
Thushara Dissanayake
5 (3)
The Two MA Crossover is a powerful notification system designed specifically for traders who rely on the Moving Average Crossover Strategy . This fully automated indicator serves as a comprehensive alert system, ensuring that you never miss a crucial trading event. It sends notifications to your mobile device, email, and displays pop-up alerts with sound on your computer, all when it detects a moving average crossover based on your preferred parameters. One of its notable features is its compati
MasterArrow
Pavel Krysanov
5 (1)
Correct market entries and exits are essential for any Forex trader. MasterArrow indicator addresses this issue. It has no redundant elements and draws only buy/sell arrows. The up arrow is a BUY signal, while the down arrow is a SELL one. The indicator is simple to configure. Change the Strength parameter to configure the signals frequency. The product is based on standard indicators (MA, RSI, ATR, etc.). But it also features the custom algorithm allowing to combine them into a single tool and
This indicator shows the current situation on the cryptocurrencies available for trading, depending on the signal strength specified in the settings. It can be used for determining the expected increase/decrease in the asset price, displayed by the corresponding color, and the signal strength, displayed by a vertical dash near a certain cryptocurrency pair. Indicator Parameters Panel color - color of the indicator panel Long color - cryptocurrency pair uptrend color Short color - cryptocurrency
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
EZT Trend
Tibor Rituper
4 (1)
The EZT Trend indicator will show you the trend, the pullback and the entry opportunities. Optional filtering and all type of alerts are available. E-mail and push notification alerts are added. We are also developing an EA based on this indicator, which will be available soon. It is a multi-functional indicator consisting of two color histograms and a line. It is a visual representation of a trend direction and strength, also you will find divergence many times, either on the line or on the his
Candle Power Pro
Thushara Dissanayake
4.33 (6)
Unlock the power of real volume information with the Candle Power Pro indicator. This dynamic tool captures the actual volume data for each candle and presents it as a percentage of the total volume. By doing so, it empowers you to discern the ongoing struggle between buyers and sellers in the market. The Candle Power Pro displays the battle between buyers and sellers as a percentage of the total volume, giving you valuable insights into market dynamics. You can easily confirm breakouts by anal
STO Currency Strength Meter uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUSD, USD
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
This indicator is a free version of Double Top Tracker . Unlike the full version, some functions are disabled and the parameters cannot be changed. This indicator analyzes in parallel price charts for multiple currency pairs on all timeframes and notifies you as soon as a double tops or double bottoms pattern has been identified. The alert occurs when the the second peak has been reached. Double Top is a trend reversal pattern which are made up of two consecutive peaks that are more and less eq
FREE
STO Currency Strength Meter DEMO uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in FULL up to 5) to the "comparison pool" that already has the base and the profit (counter) cu
FREE
Quantina Multi Indicator Reader
Quantina Intelligence Limited
Quantina Multi Indicator Reader can analyse up to 12 most popular and commonly used together indicators in seconds on any timeframe, on any currency pair, stocks or indices. On the chart panel you can easily read each indicators default meanings and also there is an Indicators Summary on panel. Features 1 file only: Quantina Multi Indicator Reader is 1 file only. No need to install other indicators to work. It is using the built-in indicators from MetaTrader 4 terminal. Detailed Alert Message:
Time Levels
Yurij Izyumov
4.27 (11)
The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. The version of the exact same indicator but only with sound alerts there - Time Levels with Alerts . Configurations ----Day------------------------------------------------- DayLevels - enable
FREE
This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a
TrendySignalMt4
Andrey Spiridonov
TrendySignalMt4l is a trend-following indicator that quickly responds to a trend change. The indicator forms the line so that it is always located above or below the chart depending on a trend. This allows using the indicator both for a trend analysis and setting stop loss and take profit. The indicator should be attached in the usual way. It works on any timeframe from M1 to MN and with any trading symbols. The indicator has no configurable inputs. Recommendations on working with the indicato
ADX trend
Pavel Shutovskiy
This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sending signals to e-mail. Parameters Period - averaging period. Apply to - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert - enable/disable alerts. EMail - enabl
Colored trend indicator advanced is a trend indicator that is based on Fast Moving Average and Slow Moving Average and also uses RSI and Momentum to give a trend strength in percent. It is aimed to find more healthy trends with this indicator. This indicator can be used alone as a trend indicator. Colors (Default) Green = Uptrend (Default) Red = Downtrend No color = No trend, no good trend Indicator Parameters WarnPosTrendchange: Warns you when the trend may change. FullColor: See screenshot
Mr Fibonacci
Thushara Dissanayake
5 (2)
Introducing Mr. Fibonacci , an amazing indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator offers exceptional customization options for professional traders, allowing them to draw any Fibonacci level with precision. Additionally, it provides mobile notifications, email alerts, and pop-up alerts when price enters Fibonacci levels, ensuring you never miss potential trading opportunities. Using this indicator, you no longer have to cons
Ms Fibonacci
Thushara Dissanayake
3.75 (8)
Introducing Ms. Fibonacci , a powerful and free indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator automatically identifies and marks the new highest and lowest Fibonacci levels, ensuring accurate and precise placement. One of the key features of Ms. Fibonacci is its ability to draw Fibonacci levels correctly, point to point, and mark the corresponding price levels. This feature saves you time and effort, allowing you to focus on an
FREE
Forex Gump Pro
Andrey Kozak
3.67 (6)
Attention! Friends, since there have been many scammers on the Internet recently selling indicators called ForexGump, we decided to warn you that only on our page is the LICENSE AUTHOR'S VERSION of the INDICATOR sold! We do not sell this indicator on other sites at a price lower than this! All indicators are sold cheaper - fakes! And even more often sold demo versions that stop working in a week! Therefore, in order not to risk your money, buy this indicator only on this site! Forex Gump Pro i
Quantina Bitcoin Indicator
Quantina Intelligence Limited
Features: Generates BUY / SELL Signals for easy to use: You do not need to read or understand market trend lines on indicators. Quantina Bitcoin Indicator shows a little Red Arrow for SELL and a little Green Arrow for the BUY entry points above- and under - the actual bars. (Green = Bullish Trend , Red = Bearish Trend). Measured Signal Strength also has written on the chart for advanced traders. Working on every known currency pairs: It's working on major-, minor-, and cross - pairs too. Also, Q
STOCH in MA
Nikolaos Pantzos
4.33 (3)
iSTOCH in iMA is an indicator which applies the stochastic changes to the iMA. Changes are reflected by altering the moving average colors. It is a useful tool to see easily the upsides or downsides of the stochastic. You can to get source code from here . Parameters MA_Periods - iMA period. MA_Method - iMA method. K_Period - K line period. D_Period - D line period. Slowind - slowing. STOCH_MA_METHOD - averaging method for MA. PriceField - price (Low/High or Close/Close). STOCH_LevelUp - upt
FREE
RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart . Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing as the origi
FREE
Bollinger Bands are volatility bands plotted two standard deviations away from a simple moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands expand when volatility increases and narrow when volatility capturing 85%-90% of price action between the upper and lower bands. How it Works Knowing that the majority of price action is contained within the two bands we wait for price to break out of either the upper or lower band a
If you want to add a pattern indicator to confirm the market movement you are in the right place, this indicator permit to detect some famous candle patterns Hammer, Inverted Hammer, Shooting Star, Hanging Man and Engulfing patter that can be highlighted on your chart once the patters occurs. Up, Down arrows are traced at the beginning of the new bar each time a pattern is detected. Parameters Body to Bar Fraction (%) : the body size / the candle size (20% by default) Max Little Tail Fraction
Three MA Alert
Thushara Dissanayake
The Three MA Alert indicator is an essential tool for traders who rely on the Moving Averages Crossover Strategy . It simplifies your trading life by sending notifications to your mobile device, email, and displaying pop-up alerts with sound whenever there is a crossover of three moving averages. By following this widely used technique, you can ensure that you are always on the right side of the trend and avoid trading against the prevailing market direction. With the Three MA Alert indicator, y
CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool," that already has the base and the profit (counter) curren
ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation u
Double Top Tracker
Dorian Baranes
4.47 (17)
This indicator analyzes in parallel price charts for multiple currency pairs on all timeframes and notifies you as soon as a double tops or double bottoms pattern has been identified. Definition Double Top / Double Bottom pattern Double Top is a trend reversal pattern which are made up of two consecutive peaks that are more and less equal with a trough in-between. This pattern is a clear illustration of a battle between buyers and sellers. The buyers are attempting to push the security but are
Proton Trend
Svyatoslav Kucher
Determining the current trend is one of the most important tasks for a trader regardless of their trading style. The Proton Trend indicator can help traders do it. Proton Trend is a trend determining indicator, which uses an original calculation algorithm. The indicator is suitable for any currency pair and timeframe. It does not change its readings. Indicator parameters Main Settings : HistoryBars - number of bars for display. SlowPeriod - slow variable period. FastPeriod - fast variable peri
RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in REAL up to 5) to the "comparison pool" that already has the base and the profit (counter) c
FREE
ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation
FREE
CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 for the DEMO version, but on REAL up to 5) to the "comparison pool" that alrea
FREE
This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr
The indicator shows buy or sell on the screen when it catches a signal with its own algorithm. The arrows warn the user to buy or sell. Pairs: USDCHF, AUDUSD, USDJPY, GBPJPY, EURUSD, GBPUSD, EURCHF, NZDUSD, EURCHF and EURJPY. You can test the indicator and choose the appropriate symbols. The best results are on M30. Parameters AlertsOn - send alerts AlertsMessage - send a message AlertsSound - sound alert AlertsEmail - email alert Buy color - buy color Sell color - sell color
This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. With adjustable Fibonacci range and has an alert function. What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how
Magic Channel
Evgeny Belyaev
3.67 (3)
Magic Channel is a channel indicator for the MetaTrader 4 terminal. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening signal! You can t
Rung
Iurii Tokman
Trend indicator. The indicator identifies the major price movement trends and market them with different colors. It filters out and ignores the noise and short-term movements of the price against the main trend. This indicator is a tool that identifies the current trend in the market. With the default settings, the ascending ("bullish") trends are marked with green lines and the descending ("bearish") trends are marked with red lines. The indicator ignored sideways or flat movements, when the pr
FREE
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.
FREE
Magic Moving
Evgeny Belyaev
5 (2)
Magic Moving is a professional indicator for the MetaTrader 4 terminal. Unlike Moving Average , Magic Moving provides better signals and is able to identified prolonged trends. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. MT5 version can be found here You can test the program by downloading the demo version:  https://www.mql5.com/en/blogs/post/749430 Advantages of the indicator Perfect for scalping. Generates minimum false signals.
RightTrend
Pavel Krysanov
5 (3)
The RightTrend indicator shows the direction of trend and reversal points (market entry and exit points). It is very easy to use: open BUY deal when the up arrow appears and open SELL deal when the down arrow appears. The indicator generates accurate and timely signals for entering and exiting the market, which appear on the current candle while it is forming. In spite of apparent simplicity of the indicator, it has complex analytic algorithms which determine trend reversal points. Inputs stre
The indicator shows when every market session starts and finishes in colored frame box. It includes the Stop Hunt Boxes which shows pockets of liquidity, found at places where traders put their stop losses on existing positions. Contains EMA crossover alert on 50 EMA , 200 EMA and 800 EMA . It can be used in many Forex strategies and for easier observe of the chart. Indicator parameters NumberOfDays - period of drawing the frames, default is 50 days; Draw_asian_box - draw the box of Asian ses
Easy CCI Alerts
Luke Kendall
5 (1)
The Commodity Channel Index (CCI) is an oscillator that is often used by forex traders to identify oversold and over bought conditions much in the same way as the RSI or Stochastics. How it Works The idea behind this indicator is simple, we wait for price to reach an extreme (overbought or oversold) and then trade when price appears to change direction in the hope of catching a move out of the area. Buy signals - The indicator waits for the CCI to become oversold (a value below -100). The indi

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