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New Technical Indicators for MetaTrader 4 - 53

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.
About Waddah Multimeter (free): This product is based on the WAExplosion Indicator. It helps identify explosive market trends and potential trading opportunities. Check out the detailed product post here for scanner and multimeter both: https://www.mql5.com/en/blogs/post/758020 Please note that scanner is paid and multimeter is free. Features: Waddah Trend Direction Trend Strength (above/below explosion line or deadzone) Trend Explosion Alert Alignment alerts Multi-timeframe Custom currency Mu
FREE
Features: Waddah Trend, Explosion Increase/Decrease Trend Percentage with Threshold DeadZone Trend Direction Aligned Checks Highlight and Alerts Multi-Timeframe & Multi-Currency Check out the blog post for more info: https://www.mql5.com/en/blogs/post/758020 With customizable threshold, you can identify best trading opportunities in volume-based trading. Use Trend Height (x times Explosion): Trend height in relation to the explosion signal Trend Percent: Compares the trend height to the maximu
Auto Multi Channels VT Ещё один технический индикатор в помощь трейдеру. Данный индикатор, автоматически показывает, наклонные каналы в восходящем, нисходящем и боковом движении цены, т.е. тренды. (Внутри дня. Среднесрочные и долгосрочные, а также Восходящие, нисходящие и боковые). О понятии Тренд. На бирже, трендом называется  направленное движение ценового графика в одну из сторон (вверх или вниз) . То есть, тренд в трейдинге — это ситуация, когда цена определенное время возрастает или сниж
Introducing the   “Symbol Cost Info MT4”   indicator – your ultimate tool for staying ahead in the forex market! This innovative indicator is designed to empower traders with real-time cost information, directly on their charts. Here’s why every trader needs the “Symbol Cost Info MT4” in their arsenal: Real-Time Spread Monitoring : Keep a close eye on the spread for any currency pair, ensuring you enter the market at the most cost-effective times. Pip Value at Your Fingertips : Instantly know t
FREE
Direct translation of blackcat's L3 Banker Fund Flow Trend Oscillator. Get push notifications on your phone app when a signal bar has formed. Historical signals are shown with buy/sell arrow right on the main chart. Indicator uses two data calculations to check for a cross below 25% level (a signal to go long) and above 75% level (a signal to short). For any further questions  feel free to contact me directly. Including requests for product improvements.
30% DISCOUNT ! DISCOUNT ! DISCOUNT ONLY FOR 5 USERS at125$ valid for 1 day only.Grab it The PERFECT TREND HIT creates   BUY and SELL  perfect trend   arrow signals based on ADX EMA AND RSI And all filters inbuilt with accurate trend entries. Furthermore, the indicator and template display the trend direction, strength, and trade recommendation for independent price charts. ROCK WITH THE TREND Moreover, it shows the final trade recommendation to BUY or SELL with all filters and displays that info
MACD is probably one of the most popular technical indicators out there. When the market is trending, it actually does a pretty good job, but when the market starts consolidating and moving sideways, the MACD performs not so well. SX Impulse MACD for MT5 is available here . Impulse MACD is a modified version of MACD that works very well for trading Forex, stocks, and cryptocurrencies. It has its own unique feature which perfectly filters out the values in a moving average range and enables it t
The indicator show Higher timeframe candles for ICT technical analisys Higher time frames reduce the 'noise' inherent in lower time frames, providing a clearer, more accurate picture of the market's movements. By examining higher time frames, you can better identify trends, reversals, and key areas of support and resistance. The Higher Time Frame Candles indicator overlays higher time frame data directly onto your current chart. You can easily specify the higher time frame candles you'd li
TrendExpert
Noel Martial Nguemechieu
TrendExpert Indicator Overview The TrendExpert indicator is designed to identify and visualize trend zones in financial markets. It utilizes zigzag high and low points to determine support and resistance levels, providing insights into potential market reversals and continuation patterns.  Features - Detection of support and resistance zones based on price action. - Strength categorization (Proven, Verified, Untested, Turncoat, Weak) based on historical testing. - Adjustable parameters for z
FREE
TigerSignals
Mouhcine Haddad
Elevate your trading game with TigerSignals – the ultimate MetaTrader 4 indicator. Designed for simplicity and precision, TigerSignals provides crystal-clear buy and sell signals, making it a must-have for traders of all levels. Features: User-Friendly:   Easy-to-use interface ensures hassle-free integration into your trading strategy. Alerts:  Sound, phone, and email alerts. Receive notifications when a new signal appears, giving you the freedom to step away from the chart! Lot Size Calculato
Make Line Horizontal
JM Highridge Global LLC
Introducing the Ultimate Horizontal Line Alert Indicator for MT4! Transform your trading with the smartest tool in the market. Our Horizontal Line Alert Indicator isn't just any indicator — it's your new trading partner that combines precision, flexibility, and intuitive control. What Does It Do? This revolutionary MT4 indicator automatically adjusts trend lines to be horizontal with just the press of the 'L' key. It’s perfect for traders who want to focus on specific price levels, ensu
Break and Retest
Mohamed Hassan
4.2 (20)
This Indicator only places quality trades when the market is really in your favor with a clear break and retest. Patience is key with this price action strategy! If you want more alert signals per day, you increase the number next to the parameter called: Support & Resistance Sensitivity.  After many months of hard work and dedication, we are extremely proud to present you our  Break and Retest price action indicator created from scratch. One of the most complex indicators that we made with over
With this trading tool, you can scan 15 markets simultaneously . Introducing, new trading indicator 2024 : ️ Dashboard Multi Currency Multi Time Frame Stochastic. There are at least two reasons why I created this trading tool : First , I'm bored of only observing one market. Second , I don't want to lose the entry moment in another market. That's why I want to know other market conditions at the same time. For this reason, I need a scanner that can scan the conditions of several markets si
This indicator informs the user when the ATR is above a certain value defined by the user, as well as when the ATR prints a percentage increase or percentage decrease in its value, in order to offer the user information about the occurrence of spikes or drops in volatility which can be widely used within volatility-based trading systems or, especially, in Recovery Zone or Grid Hedge systems. This indicator also draws on the chart the entry, re-entry and take profit zones for the Recovery Zone or
Basic Theme Builder
Mehran Sepah Mansoor
5 (1)
Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the   Basic Theme Builder   indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 4. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment.  Free MT5 version The   Basic Theme Builder   in
FREE
The Forex indicator   TrendNavigator   is a technical indicator. TrendNavigator is a tool that allows traders employing this strategy to better understand what is happening in the market and predict in which direction the price will continue to move. The indicator's values are calculated based on price movements of the currency pair or any other financial asset. Within the scope of technical analysis, the TrendNavigator indicator is used by traders to forecast future price values or the overall
The   Trend Seeker   indicator is perfectly suited for tracking long-term trends in the Forex market and can be used without restrictions on instruments or time intervals. This indicator allows attempting to forecast future values, but its main application lies in generating buy and sell signals. The AlphaTrend Seeker tracks market trends, disregarding sharp fluctuations and noise around the average price. It is based on the idea of technical analysis, asserting that the market has a cyclical n
The "Trend Tandem" indicator is a trend analysis tool in financial markets that helps traders determine the direction of price movement. Options: RISK: Determines the level of risk taken into account in the trend analysis. The higher the value, the more aggressively volatility is taken into account. SSP (SSP Period): Defines the period of the moving average used to identify a trend. The higher the value, the smoother the trend signal will be. CountBars: Determines the number of bars on which
Indicador de Bandas de Fibonacci para Metatrader 4 . Este indicador funciona de forma similar a las conocidas Bandas de Bollinger clásicas, pero en lugar de usar la desviación estándar para trazar las bandas usa números de Fibonacci y el ATR (Average True Range). Puede usarse para trazar niveles de soporte y resistencia que pueden emplearse en sistemas de scalping de corto plazo y swing trading.  Las bandas del indicador son calculadas de la siguiente forma: Línea central : Media móvil de n peri
FREE
MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level. BUY SIGNAL when the Moving Average Line crosses above the MOST Line LONG CONDITION when the Moving Average is above the MOST SELL SIGNAL when Moving Average Line crosses below MOS
MA Trend Following Indicator for MT4 is a simple technical analysis tool designed to follow the trend in any currency pair chosen by the trader by combining 3 moving averages on two different time frames, one long term and one short term.  It basically provides a bullish or bearish signal when the moving averages on one time frame align with the moving averages on a different time frame to have a confluence signal. The indicator is presented as a screener with multiple currency pairs (that th
MAXLUM SYSTEM is a Trading System that uses anti-Margin Call without using SL with a positive correlation Hedging Strategy Simple example of BUY on EURUSD and SELL on GBPUSD at the same time This kind of trading will not occur as a Margin Call By calculating the GAP difference between the 2 pairs we can take advantage of the GAP This indicator will be more effective if you use Data Analysis download excel file on telegram Group Please join the Maxlum System Telegram group for details t.me/max
Critical Zones MT4
Rodrigo Arana Garcia
4.27 (11)
Critical Zones has been created especially for manual traders looking for more accurate market entries. This indicator uses advanced algorithms to detect areas of interest by calculating the most relevant support and resistance on the chart as well as their breakouts and retests. This indicator can be configured to send alerts and notifications when potentially lucrative buy/sell opportunities are detected, allowing traders to stay on top of trading opportunities even when they are not in front
FREE
ThreeLine Strike Indicator   for MetaTrader 4 (MT4). This advanced tool is designed to help you identify potential reversals in the market with precision and ease. Whether you are a beginner or an experienced trader, this indicator can enhance your trading decisions and maximize your profits. Contact me after purchase for guidance  Key Features: Accurate Reversal Signals : Detect potential trend reversals based on the three-line strike pattern, a proven candlestick formation in technical analysi
Basic Volume Profile
Mehran Sepah Mansoor
Discover the power of volume analysis with our volume profile indicator for Metatrader! / MT5 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of inter
The Trend_Scalper_Arrows_Entry&Exit trend indicator perfectly follows the trend, indicates entry search zones, indicates entry signals with arrows, and also indicates zones for fixing market orders with vertical lines. An excellent indicator for both beginners in Forex trading and professionals. All lines, arrows, alerts can be disabled. See all indicator parameters on the screenshot.
BolMaRsiArrows
Eduard Bartashevich
Channel indicator, written according to a strategy based on indicators: BollingerBands, Moving Average, RSI and TMA. The indicator embodies arrow signals for the trend, counter-trend, and also for fixing transactions. And also all possible alerts.   The indicator is ideal for working together with a trend indicator for taking profits.   All settings are on screenshots.
Highlights trading sessions on the chart The demo version only works on the AUDNZD chart!!! The full version of the product is available at: (*** to be added ***) Trading Session Indicator displays the starts and ends of four trading sessions: Pacific, Asian, European and American. the ability to customize the start/end of sessions; the ability to display only selected sessions; works on M1-H2 timeframes; The following parameters can be configured in the indicator: TIME_CORRECTION = Correct
FREE
Description of work The MA7 Clover indicator is based on candle shapes. Shows the Pin Bar candle pattern. Detailed information about the MA7 Clover indicator. Indicator settings General settings: Min body size ; Max body size ; Min nose size ; Max nose size ; Minimum pattern size ; Maximum pattern size ; Analysis of the candle direction ; Analysis of the position relative to the MA ; Position relative to the MA ; Period . Message settings: Send message to the terminal (Alert) – permission to s
MACD Line 2 MT4
Alexandru Chirila
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   |   All Products   |   Contact
FREE
This Fibonacci Indicator is showing fibo retracement lines on chart for EA trading same as the default tool from Metatrader's menu, except this one is fully automatic and changes along with the chart (with modes B and C, then mode A is always fixed by set levels) AND it also offers the line levels for the Expert Advisors to read (buffers) , so you can set your trades based on crossover\crossunder on those fibo lines. You can choose from 3 modes for selecting the max HIGH and min LOW limit, and
FREE
Pipsurfer EA Strategy 4
Clinton Keenan Obinna Butler
Indicator for the 4th strategy of the Pipsurfer EA. This indicator will allow the user to visually see the points of entry for strategy 4 of Pipsurfer. In the settings you will be able to adjust the parameters to mix and match to your trading style and find the settings that you want to either trade manually or tune the EA to do. Strategy 4 uses a market structure trend continuation approach to trading and looks for confirmed highs in downtrends and confirmed lows in uptrends to find great trend
FREE
buy sell star indicator has a different algoritms then up down v6 and buy sell histogram indicators. so that i put this a another indicator on market. it is no repaint and all pairs and all time frame indicator. it need minimum 500 bars on charts. when  the white  x sign on the red histogram that is sell signals. when the white x sign on the blue  histogram that is sell signals. this indicator does not guarantie the win.price can make mowement on direction opposite the signals. this is multi tim
CorrelationCalculator
Sofia Mohammad Rashed
The Forex Correlation Indicator is a powerful tool designed to analyze and display the correlation between different major forex pairs in the market. This indicator helps traders identify relationships and trends between currency pairs, allowing for more informed trading decisions. Key Features: Displays correlation coefficients between pairs. Visualizes correlation strength through color-coded indicators. Customizable settings for timeframes and correlation calculations. User-friendly interfac
Ichimoku wave
Bardia Mohammadi
For all those traders interested or currently trading Ichimoku, you will not want to miss this article. Although I am heading out in a few hours with my girlfriend to Harbin Hot Springs, I wanted to write a brief introduction to   Ichimoku Number Theory   as there has been a lot of questions (and confusion) about Ichimoku settings, time frames, etc. The basis of Ichimoku as known to most is the 5 lines; Tenkan Line Kijun Line Senkou Span A (part of the Kumo) Senkou Span B (other part of the Kum
FREE
Trend Swing
Mohamed Hassan
4.5 (10)
This indicator is unstoppable when combined with our other indicator called  Market Analysis . After purchase, send us a message and you could get  it  for  FREE as a BONUS!  Trend Swing is a professional indicator that is developed from scratch by our in-house development team. This indicator is very sophisticated because you can see the entry price levels with buy and sell signals that are given in real-time! It automatically draws the take profit zones along your stop loss which makes it e
Mason
Alexandr Lapin
5 (1)
MASONS is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
FREE
Trend Master Chart MT4
Frederic Jacques Collomb
Trend Master Chart is the trend indicator you need. It overlays the chart and uses color coding to define different market trends/moves. It uses an algorithm that combines two moving averages and different oscillators. The periods of these three elements are modifiable. It works on any time-frame and any Pair. At a glance you will be able to identify an upward or downward trend and the different entry points into this trend. For example during a marked upward trend (light green color) the diffe
Moving Average Scanner MT4
Frederic Jacques Collomb
Moving Average Scanner is a multi-timeframe scanner perfect for seeing the trend over several time frames at a glance without changing the chart. It can use up to 4 moving averages of your choice over 9 time units. It is fully configurable and can be moved anywhere on the graph by simply “drag and drop”. Moving averages can be configured in 4 different calculation methods. You can also set alerts based on the number of moving averages and the number of periods. MT5 version here. Input param
Trend Master Histogram MT4
Frederic Jacques Collomb
Trend Chart Histogram is an indicator based on an algorithm using two moving averages and several oscillators. Thanks to its color code, it allows you to quickly identify the trend and take advantage of the biggest market impulses. Light colors indicate the trend, dark colors define impulses and gray indicates that you should not enter the market. It will be a very good ally in your decision-making, combined with your other indicators. MT5 version here. Input parameters: - Period 1 (fast perio
The BB Reversal Arrows technical trading system has been developed to predict reverse points for making retail decisions. The current market situation is analyzed by the indicator and structured for several criteria: the expectation of reversal moments, potential turning points, purchase and sale signals. The indicator does not contain excess information, has a visual understandable interface, allowing traders to make reasonable decisions. All arrows appear to close the candle, without redrawin
About Line Drawing: (  1) Select Line Type Zigzag Line Fibo Horizontal Trend Line Range Line Price-Time Net (  2) Set Line Style To set line color built-in or style and width just by clicking certain button To set line color to user color by clicking the second color button of  second  line when it is pressed (  3) Start Drawing If you have not pressed any of those Drawing-Type-Button(HL/Rng/Net/Fibo),when you select the Line-Color-Button or Line-Style-Button or Line-Width-Button it will draw Zi
ATR Stop Loss
Eduardo Mellado Monge
For all temporalities and all charts. Based on the ATR indicator. Calculates and draws on the chart the appropriate points to place Stop Loss or Take Profit according to the current market volatility. The following inputs can be adjusted for a more customized use of the indicator: ATR_Period: number of previous candles to be taken into account for the calculation. ATR_Multiplier: Number by which the ATR will be multiplied to draw the points on the chart. A low multiplier will mean a high risk a
BoS CHoCH FVG
Usiola Oluwadamilol Olagundoye
4.67 (3)
Next Arrival : Flip or Die Trading Arena. Flip a trading account:  https://flipordie.com/chapter-1-thirteen-doublings-double-a-trading-account/ The Break of Structure (BoS) and Change of Character indicator with Fair Value Gap (FVG) filter is a specialized tool designed to enhance trading strategies by pinpointing high-probability trading opportunities on price charts. By integrating the BoS and Change of Character concepts with the FVG formation, this indicator provides traders with a robust f
FREE
Bos CHoCH 4
Usiola Oluwadamilol Olagundoye
Next Arrival : Flip or Die Trading Arena. Flip a trading account:  https://flipordie.com/chapter-1-thirteen-doublings-double-a-trading-account/ The Break of Structure (BoS) and Change of Character indicator is a powerful tool designed to identify significant turning points in price movements on financial charts within the MetaTrader 4 platform. By analyzing price action, this indicator highlights instances where the market shifts from a trend to a potential reversal or consolidation phase. Util
FREE
Higher Timeframe Chart Overlay will display higher timeframe candles, including the number of candles high/low you specify. You no longer need to switch timeframes to check the candles. Everything can be shown in one chart. MT5 Version :  https://www.mql5.com/en/market/product/115682 Almost everything can be change as you want. You can change/set: - Choose different colors for the body and top/bottom wicks. - Panel's height and width. - The width of the body and wicks - Change background a
This indicator is the translated version of Anıl ÖZEKŞİ's MOST Indicator, developed on the Matriks Data Terminal, into the MQL4 language. It is a trend-following indicator and quite successful. Its usage will be free and unlimited for a lifetime. You can click on my profile to access the MQL5 version of this indicator. You can also get your programming requests for MQL4 and MQL5 languages done at İpek Bilgisayar with an invoiced service. You can reach İpek Bilgisayar at www.ipekbilgisayar.org .
FREE
This indicator is the translated version of Kıvanç ÖZBİLGİÇ's PMAX Indicator, developed on the Matriks Data Terminal, into the MQL4 language. It is a trend-following indicator and quite successful. Its usage will be free and unlimited for a lifetime. You can click on my profile to access the MQL5 version of this indicator. You can also get your programming requests for MQL4 and MQL5 languages done at İpek Bilgisayar with an invoiced service. You can reach İpek Bilgisayar at www.ipekbilgisayar.or
FREE
Introducing High Probability SARs, a classic Forex indicator designed to enhance your trading strategy with its advanced analysis capabilities. High Probability SARs utilizes sophisticated algorithms to identify potential trend reversals with precision. By incorporating the Parabolic SAR indicator, it offers traders valuable insights into market dynamics, allowing for informed decision-making. This innovative tool provides traders with signals based on the Modified parabolic SARs, helping to ide
Global Parabolic MT4
Aleksandr Makarov
5 (2)
Global Parabolic MT4 Indicator for scalping on M1-M5. A very good indicator for your trading system, it can be used as a standalone trading system, I recommend using it together with - System Trend Pro The indicator does not repaint and does not change its data. Settings: Change the FILTER parameter for accurate market entries. Any questions? Need help?, I am always happy to help, write me in private messages or In telegram
SX Golden MA Pack MT4
Mojtaba Sarikhani
5 (1)
This comprehensive technical indicator calculates and plots up to 3 moving averages with 3 different periods. By employing three moving averages of distinct lookback periods, the trader can confirm whether the market has indeed experienced a change in trend or whether it is merely pausing momentarily before resuming its prior state. SX Golden MA Pack  for MT5 is available   here . The shorter the moving average period, the more closely it tracks the price curve. When a security initiates an upt
FREE
Awesome Pivot Indicator
Komang Putra Riswanjaya
The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity
FREE
Higher Timeframe Chart Overlay will display higher timeframe candles, including the number of candles high/low you specify. You no longer need to switch timeframes to check the candles. Everything can be shown in one chart. Get Full Version -  https://www.mql5.com/en/market/product/115680 Please feel free Contact me if you have any questions regarding    this tool. 
FREE
Joker Arrow
Thomas Bradley Butler
Once upon a time, in the bustling streets of Gotham City, there lived a mysterious figure known only as the Joker. With his enigmatic grin and unpredictable nature, the Joker roamed the city's financial district, leaving chaos and uncertainty in his wake. One fateful day, a group of traders stumbled upon a peculiar artifact hidden deep within the dark alleys of Gotham. It was a cryptic indicator known as the "Joker Arrow," rumored to possess the power to predict market movements with uncanny acc
Gordon Gekko Breakout
Thomas Bradley Butler
TRADE THE BREAKOUTS like Gordon  Gekko Gordon Gekko, the ruthless and iconic character from the movie "Wall Street," is renowned for his aggressive and opportunistic trading strategies. When it comes to trading breakouts, Gekko embodies the mindset of a savvy and relentless trader who seizes every opportunity to capitalize on market movements. In Gekko's trading playbook, spotting breakout opportunities is akin to identifying potential gold mines in the market. He meticulously scans the charts
App system signals
Pierre Paul Amoussou
APP System Signals is a technical indicator designed for active users in the financial markets. It provides buy and sell signals based on a combination of tools such as Exponential Moving Averages (EMA), Simple Moving Averages (SMA), and trend analysis. The indicator features fully customizable settings, allowing users to tailor it to their individual preferences and trading approach. It is built with user-friendliness in mind, making it accessible to both beginners and experienced users.
FREE
Pips Hunter PRO MT4
Rodrigo Arana Garcia
5 (1)
Pips Hunter PRO has been developed over several years and is an improved version of its predecessor. This powerful indicator analyzes the market and price history to generate buy and sell entries. For the calculation of these entries it uses different indicators that work together as well as a complex statistical logarithm that filters out less favorable entries and eliminates them / MT5 version . Features No repainting This indicator does not change its values when new data arrives No lag T
FREE
Forex Gump Advanced is a ready-made trading strategy based on one indicator. Forex Gump Advanced is an indicator that shows the trader when to open trades, in which direction to open and when to close. Forex Gump Advanced shows all the necessary information in a clear form on the chart. The indicator works on all currency pairs and all timeframes. Advantages of the indicator: completely ready trading system does not redraw in 95% of cases the price goes in the direction of the signal. 5% of si
1. Compound Drawings (1) Line segment with arrow (2) Continuous line segment (broken line) (3) Parallelogram (4) Polygon (5) Profit and loss ratio measurement tools 2.   Backtracking  By the Z key  in the process of drawing the line Line types that support Z-key backtracking: continuous line segments (broken line) ,channels,parallelograms,polygons, and fibo extensions. 3.Automatic Adsorption (1) Click the "Lock-Button" to switch the automatic adsorption switch before drawing the line (2) The
Trop
Maryna Shulzhenko
Trop is a trend indicator that has several important advantages. It helps to pinpoint both new and existing trends in the market. One of its key advantages is its quick adjustment and responsiveness to changes in schedule. The effectiveness of the indicator depends on the set CalcBars period. The longer this period, the smoother the indicator displays the trend line. On the other hand, as the period decreases, the indicator takes into account more market noise, which can be useful in generating
SignalSailor
Tatiana Savkevych
The SignalSailor indicator is your reliable assistant in Forex for quick market analysis. It not only reflects the current market condition but also provides valuable signals about the best times to open trades. Market conditions are constantly changing, and to stay ahead, a trader needs to quickly adapt their strategies. This is precisely why the Klaus indicator was created - it will help you accurately determine the direction of the trend on the price chart. SignalSailor is an indispensable
Trend Tide
Tatiana Savkevych
The TrendTide indicator provides accurate signals about potential market reversals. Its primary purpose is to generate signals for entering and exiting trades. Determining the current market trend is a critically important aspect for traders. The intelligent algorithm of TrendTide efficiently identifies trends, filters market noise, and creates precise entry and exit signals. This indicator represents an advanced algorithm for visualizing the market trend. It is designed to identify both long-
The Market Sentiment Meter indicator calculates the saturation levels of the price chart. A signal to exit the oversold zone indicates a buying opportunity, and a signal to exit the overbought zone indicates a selling opportunity. Typically, for this indicator you need to set relative values for the overbought (Top) and oversold (Bottom) levels. Often a good trend can be seen visually on the price chart. However, an experienced trader must clearly understand the current distribution of forces
TrendTrack indicator: Stay on trend easily! The TrendTrack indicator is designed to analyze price behavior in the Forex market, helping the trader to quickly spot temporary weaknesses or obvious changes in trend direction. Entering the market is only the first step, but maintaining a position is more difficult. With TrendTrack, staying on trend becomes easy! Peculiarities: Trend Analysis: The indicator analyzes historical data, providing signals to the trader. The arrow format of the indicat
The Trendline Trader indicator is designed to reliably track market trends, ignoring sharp fluctuations and noise in the market. This indicator is suitable for trading on both short and long time intervals due to its ability to filter out sudden price spikes and corrections. It is based on the iLow, iHigh, iMA and iATR indicators, which makes it particularly reliable. Parameters for setting up the indicator: Length: period for channel calculation and noise filtering. Star: period for determini
The indicator determines the state of the market (trend or flat) using the upgraded Bollinger Bands of higher timeframes and colors the bars in trend/flat colors. The indicator also gives signals (arrow on the chart + Sound and notification to Mail, Push): signal at the beginning of every new trend; signal inside the trend (entry at the end of the correction) Signals are never redrawn! How to use the indicator? The indicator works very well intraday. When using the indicator for intraday (TF M
MACD Divergence and TFR for MT4
Krzysztof Janusz Stankiewic
5 (1)
The indicator identifies divergence by analyzing the slopes of lines connecting price and MACD histogram peaks or troughs. Bullish Divergence (Convergence): Occurs when the lines connecting MACD troughs and corresponding price troughs have opposite slopes and are converging. Bearish Divergence: Occurs when the lines connecting MACD peaks and corresponding price peaks have opposite slopes and are diverging. When a divergence signal is detected, the indicator marks the chart with dots at the pric
Fair Value Gap Scanner 4
Usiola Oluwadamilol Olagundoye
Next Arrival : Flip or Die Trading Arena. Flip a trading account:  https://flipordie.com/chapter-1-thirteen-doublings-double-a-trading-account/ Fair Value Gap Scanner 4 is a sophisticated MetaTrader 5 indicator designed to detect fair value gaps (FVGs) in price action and display them as rectangles directly on the chart. This powerful tool empowers traders by providing visual representations of FVGs, enabling them to identify potential trading opportunities with ease and precision. With customi
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In the world of trading, one of the main concerns is finding a reliable trading system. Meet the TrendEdge Channel indicator - your reliable companion in this search. Developed based on complex mathematical calculations, this indicator predicts the most likely short-term price movements. TrendEdge Channel is designed specifically to identify trends in price movements. Thanks to it, you can quickly determine not only the direction of the trend, but also the levels of interaction between buyers
Product detailed post: https://www.mql5.com/en/blogs/post/756962 Get free demo from the link in above post. Features: - Multi Heiken Parameters - Alerts & Highlights for Heiken Switch - Heiken Alignment Alerts - Multi-timeframe Alignment Alerts - Multi Currency Heiken Explained: Heiken Settings: All comma separated lists will be used for different heiken ashi's. Example: 5,40,188 will mean that MAPeriod1 in 1st heiken will be 5; In 2nd heiken will be 40 and in 3rd heiken ashi will be 188. 1,1

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