Technical Indicators for MetaTrader 4 - 14

See RSI values turned into colored candles This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding. Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values. Features - optional colored candles - optional colored ma - 6 draw styles; RSI slope RSI above/below overbought/oversold levels RSI above/below level 50 RSI above/below it's moving average

An indicator that displays the Pin Bar candlestick pattern. With the help of coefficient settings, the ratio of shadow, body and size is easily adjusted. It is possible to filter by trend (2 moving averages) and by reversal (RSI and Bollinger Bands). This is the most popular price action pattern. A multi-currency dashboard is available. With it, you can easily switch between charts. Trading Patterns: Retest by trend. False breakout. Other. EURUSD, GBPUSD, XAUUSD, ... M15, M30, H1. Input para

Balanced Price Range BPR Indicator ICT MT4 The Balanced Price Range (BPR) indicator is an ICT-based tool for MetaTrader 4 , designed to pinpoint the intersection of two Fair Value Gap (FVG) zones moving in opposite directions. By analyzing these gaps, the indicator highlights the shared region with colored boxes on the chart. This key area is often seen as a critical point for price movements, liquidity shifts, and possible trend reversals. «Indicator Installation & User Guide» MT4 Indicator In

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.

Is This tools use able for free in Forex market ? Accuracy Meter is useful and also free product, i made this product for free because i believe that any seller must have some good products for free not just release bad products as free tools. What does Green koala logo mean : Means Free Products , i ll release my free products by green koala logo, so when you see green koala, it means new free products is access able for you. Accuracy Meter Introduction : Accuracy Meter is powerful tool to

DONCHIAN CHANNEL DC It is a trend indicator developed by “Richard Donchian”, consisting of 3 layers, the upper channel, the lower channel and the middle channel. It is created on the Donchian Channel by plotting the highest and lowest prices reached in the past period on the price chart. It is also used to measure the volatility of the market, as it is an expanding/contracting channel according to the increase/decrease of price volatility. Method 0; Donchian channel indicator drawing. BUY/SELL S

Indicator for Scalping with Signal Arrows Three-Level Sensitivity Setting This indicator rapidly identifies changes in price direction and provides signals for opening positions.  Signals trigger instantly on the current candle.  It includes built-in audio and visual alerts for trend changes. It can send notifications to your phone or email. It works on all timeframes, across all currency pairs, metals, indices, and cryptocurrencies. It can be used for binary options trading. Key Featur

Bitcoin Trader Pro Indicator is an advanced tool specifically designed for analyzing the cryptocurrency market, with a focus on BTCUSD. This indicator combines multiple technical analysis methods to generate precise and reliable trading signals. Perfect for both beginner and experienced traders, the Bitcoin Trader Pro Indicator provides everything you need to make informed trading decisions. **Key Features:** 1. **Multi-Timeframe Analysis**    - Supports six timeframes: M15, M30, H1, H4, D1,

Pips Scalper Indicator - is a forex trading indicator specially designed for traders who are interested in scalping strategy. Scalping is a trading strategy in which a trader attempts to make a positive trade by snippets of small price movements. How to use the indicator? When the indicator draws a green circle on the chart of the currency pair, we open a buy deal and set a short TakeProfit of 20-25 points. In 87% of the signals, the price will go at least 20 pips in the direction of the arrow.

RSI with Moving Average Indicator for MT4 One of the widely used strategies for trend-following trading involves Moving Average Crossovers . The RSI with MA Indicator enhances this approach by integrating the Relative Strength Index (RSI) alongside moving averages, offering a more refined entry and exit strategy. This indicator displays two oscillating lines within the 0 to 100 range, generating buy and sell signals based on their crossovers. «Indicator Installation & User Guide» MT4 Indicator

GAP DETECTOR FVG in trading refers to "Fair Value Gap", . It is a concept used in technical analysis to identify areas on a price chart where there is a discrepancy or gap between supply and demand. These gaps can occur due to rapid movements in price, usually as a result of important news or economic events, and are usually filled later as the market stabilizes. The GAP DETECTOR indicator is designed to identify fair value gaps (FVG) on the price chart and filter them using volatility to dete

Break It Down is based on the Directional Movement Index and tells the trader when a market trend probably maxed out and ready to fall back. This pattern is more predictable when we apply this system only when the market is rallying but within a trading range. Because traders Sell off in fear the market often moves faster when declining! When this happens, good moves can occur. As traders are no longer interested in the trend, the volume will decline and the price will usually fall back on itsel

The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The version with analog clock displaying on the chart. Dear friends and users of our EAs, please add your ratings in the  Reviews  section. All updates to our forex software are  free ! This is a free trading utility! Other Features: Ther

Pearson Spearman Correlation Indicator for MT4 The Pearson Spearman Correlation Indicator combines elements of statistical analysis and technical trading to evaluate relationships between variables and detect trend movements on the MT4 terminal. It calculates both linear and rank-based (nonlinear) correlations, showing values between -1 and 1 directly on the chart interface. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Pearson Spearman Correlation Indicator MT5   | ALL P

Point Trend Indicator - An indicator of the upper and lower level of the trend, which can determine the trend direction and indicate its strengthening. The trend direction is determined by round dots; if the points are above the zero line, the trend is bullish; if below, the trend is bearish. The increase in directional movement is indicated by arrows. It has the only parameter for manual adjustment - Duration of the trend direction.   Possibilities Works on all time frames Adapts to any financ

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

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

Introduction to PowerTrapezoid: The application of market Power deviation system is not a secret, such as volume price deviation, MACD deviation, Chanlun deviation and so on. However, how to correctly understand and calculate, and accurately judge the increase or decrease of POWER is a threshold in application, which is difficult to cross with the conventional system. How to avoid reciting? How to implement multi level backflow parallel computing? How to intuitively show the range of backtrack

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "Show TP and SL Values" Indicator is a valuable technical analysis tool designed to enhance your trading experience by displaying the  (TP) and  (SL) levels directly on your chart. This simple yet effective tool provides traders with crucial information, allowing for better decision-making and risk management. Key Features: TP and SL Display:

Trading Levels Indicator is a trading system designed to determine entry points, hold positions and trend direction. Includes several mechanisms working in one complex, wave analysis of trend direction, level analysis when constructing signals, shows possible TP and SL targets. Indicator capabilities Signal arrows appear on the current candle, do not repaint. Uses special algorithms to search for levels from which the price bounces. Works according to the trend. The system is universal, can be

The R Scalper Arrows indicator delivers easy to read buy and sell signal arrows for any forex pair. It works good for short-term trend predictions: Up arrows suggest the pair is short-term trending up. Down arrows suggest the pair is short-term trending down. For long trades, place your stop-loss below the dots. For short trades, place your stop-loss above the dots. Tip You can use this indicator together with a longer term period trend-following forex indicator such as a simple moving average o

The indicator, which displays two different pairs on one chart, is designed to simplify the displayed information,   Able to work with almost all instruments available in the terminal (not only currency pairs, but also metals, raw materials). Feature of using the visual correlation method for any currency pairs subsymbol. The currency pair is displayed on the screen with colored candles. This is the same correlated pair. mirroring. auxiliary currency. The indicator reflects two types of correl

The   OHLC indicator   shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session. Levels High  of the current or previous session. Low  of the current or previous session. Open  of current or previous session. Close  of the current or previous session. Midpoint  of the current or prev

Flow Trend Flow  trend is designed to detect the market trend with special calculation and a combination of Bolinger band and statistical moving period to detect the market trend without frequency change and fault. This indicator is designed with simple parameters to use fast and easy and helpful tools to trade in a pure direction and set your SL/TP with this indicator cloud system.

Risk to Reward Ratio Multiple Orders MT4 Risk to Reward Ratio Multiple Orders MT4 is a specialized indicator developed for MetaTrader 4, enabling traders to precisely evaluate the relationship between stop loss (SL) and take profit (TP) levels in real time. Once a position is initiated in MT4 with SL and TP defined, the tool measures the distance between these levels relative to the entry price and presents the risk/reward ratio on the top-left corner of the chart. This feature becomes especiall

INFOPad is an information panel that creates information on the selected currency pair in the MetaTrader 4 terminal. There are 5 functions of this indicator: Shows the main and main information on the selected symbol: Ask BID, Spread, Stop Level, Swap, Tick value, Commission prices; Shows the future targets of SL target and TP Target (The number of points of the established stop loss and take profit, the dollar amount); It shows the profit received for the periods: Today, Week, Month, Year, Tot

Probability emerges to record higher prices when   MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by   2nd & 3rd screenshot. Furthermore, divergence is confirmed

Volume Analysis Trader looks at volume using a fixed average of volume. This averaging helps spot when volume is rising or declining. Also I have added volume spikes which are when volume suddenly is above the average. These help spot market reversals. This will hep a trader look for the following in their trading: Rising volume during a rally shows trend is strong. Falling volume on a rally shows trend is weakening. As a rule of thumb on daily charts if current volume is higher than yesterday's

The indicator is designed for binary options and short-term transactions on Forex To enter a trade when a signal appears blue up arrow buy red down arrow sell signal For Forex enter on a signal exit on the opposite signal or take profit For binary options Enter on 1 candle, if the deal goes negative, set a catch on the next candle Works on all timeframes If you apply a filter like Rsi, you will get a good reliable strategy.. The algorithm is at the stage of improvement and will be further develo

Realtime Stop Hunting Background What Is Stop Hunting? I refer to the definition of Stop Hunting from Investopedia, Stop hunting is a strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many individuals have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and can present a unique opportunity for investors who seek to trade in this environment. Setting up the

Algo Trading Indicaor  With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need  Why should you join us !?  1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will help you to draw trends which is special and are too strong than the basics trend , trends will change with the frame time that you work on . 3-We can use

Sinus wave Tv indicator is a extra ordinary oscillator.to find divergency. For mt4 and Tradingview pine script purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. it works all pairs and all timeframes. suitable for experienced and beginner traders.. indicator works on toward of the prices... while sinus wave go up side that means prices will up. and while sinus wave go down that means prices is going down. it gives divegency when trend rever

Scalp SWING indicator. It works on any time frame and Instruments It works on trending and ranging markets. The signals are robust and does not repaint. The system is robust and requires no supporting indicator. You don’t need any multiple indicators to trade the markets. The alerts/ notifications can be enabled to gain prompt entries. The entries are at Top and Bottom of Trend Cycles It is Very accurate and robust system- yet extremely simplified tools for the pro traders. Scalp SWING

Forex Time Zone Indicator for MetaTrader 4 The Forex Time Zone Indicator for MetaTrader 4 is a fundamental resource for traders working in the global currency markets. No matter the trading methodology—scalping, intraday, or day trading—knowing when specific financial centers are active can significantly enhance trade timing and execution. As liquidity and trading volume flow across regions such as Asia, Europe, and North America, monitoring the timing of market activity becomes vital for capita

Candle Pattern Sync is your ultimate tool for precision and insight in trading. Step into the future of trading with this innovative indicator that’s designed to help you understand market behavior by analyzing historical patterns and giving you an idea of what might come next. While the forecasts provide valuable probabilities based on history, they’re not guarantees – think of them as a powerful guide to inform your decisions, not a definitive answer. MT5 Version -  https://www.mql5.com/en/mar

The indicator shows   round levels   on the chart. They are also called   psychological , banking, or levels of major players. At these levels, there is a real fight between bulls and bears, the accumulation of many orders, which leads to increased volatility. The indicator   automatically   adjusts to any instrument and timeframe. When the   level 80   is broken through and then tested, we   buy. When   level 20   is broken through and then tested, we   sell. The target is 00. Attention. Due t

Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Advanced Bollinger Bands: 1. The Bollinger rail will change color with the direction" 2. The

This indicator scans and displays currency pairs that have recently aligned moving averages on a given timeframe. You can configure which pairs the indicator will scan. It also includes all types of alert options. Bullish MA Alignment =  MA1>MA2>MA3>MA4>MA5 Bearish MA Alignment =  MA1<MA2<MA3<MA4<MA5 Features Attach to one chart and scans all the currency pairs configured and visible in the Market Watch Window It can monitor all the available timeframes from M1 to MN1 and sends alerts on every

Welcome to the free Combiner Professional Bull Vs Bear Binary Options and Forex Indicator project, with the most powerful free AI on the market for MT4, with 16 strategies, 27 filters, support for 10 external indicators and 16 external Bots, designed to operate in the Forex market and Binary Options. Combiner Indicator Combiner EA Forex Download https://t.me/bullvsbearcombiner

Risk Reward Panel   This is a useful tool to plan a trade risk to reward visually. The indicator is very simple to use with minimum settings.  Long or Short You can use the indicator for both long and short positions.  Lot Size Calculator You can also use this indicator as a lot size calculator. If you set the risk amount the indicator will calculate the lot size for you based on the stop loss line. You do not need to calculate the lot size manually. 

Description:  The "Divergence Strategy Indicator" is an advanced technical analysis tool designed to identify potential trend reversals and continuation opportunities in the market through the powerful concept of divergence. By detecting divergences between price and all kinds of oscillators like MACD, RSI, ATR or Stochastic ... the indicator helps traders uncover hidden opportunities, signaling potential trend shifts. Real-time alerts keep users informed when new opportunities are detected. th

RRR with lines Indicator Download MT4 Effective risk management is crucial for consistent success in financial markets. The RRR with lines is designed to help traders evaluate the relationship between potential profit (Reward) and possible loss (Risk). This powerful tool for MetaTrader 4 (MT4) simplifies the process of calculating the risk-to-reward ratio , aiding traders in making well-informed decisions. «Indicator Installation & User Guide» MT4 Indicator Installation  |  RRR with lines Indic

Buy And Sell Binary Option on the MetaTrader 4 (MT4) platform is a specialized technical analysis tool designed to assist traders in identifying binary option trading opportunities using the latest market algorithms. This indicator has been enhanced with an algorithm that incorporates the most up-to-date market information and processes it into a histogram. Additionally, the indicator comes with alert features, including pop-up alerts and email notifications. Latest Market Algorithm : Our indica

A. What is A2SR ?   * It's a leading technical indicator (no repaint, no lagging). -- Guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog -- Special event : 30$ for welcoming 2025 :) --  https://c.mql5.com/1/298/A2SR_Products_2025_B.png A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original con

With Fixed Range Volume Profile,The traces left by the big players will not go unnoticed by you. Professional   Volume Profile   Indicator reveals Institutional order flow. This advanced market indicator will teach you to spot the buying and selling. Dont want to say more because its well known by most professionals  trader. This Indicator : -  Quickly Identify the Strongest Institutional S/R Zones. - W orks with all Trading Instruments (Forex, Futures, Indexes, Commodities, Stocks, Cryptocur

Gold TL MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price and reflects trend lines along the fractals of a specific timeframe (TF).   Benefits of the indicator: The indicator produces signals with high accuracy. The confirmed signal of the indicator does not disappear and is not redrawn. You can trade on the MetaTrader 4 trading platform of any broker. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices e

50% off. Original price: $60 Support and Resistance zones indicator for MT4 is a multi-timeframe panel and alert that finds support and resistance zones and pivot points for all timeframes of MetaTrader 4 and gives alert when price has interaction with them. Download demo version (works on GBPUSD, EURJPY and NZDUSD symbols) Read the full description of scanner parameters in the blog page . Many unique features in one indicator: Integrating support and resistance zones and pivot points in one i

We all know that liquidity is one of the most important aspects in forex trading. The session high/low is a key part of this. That's why I created this indicator. Why Session Range? Helps traders spot session liquidity: Session high/low is one of the liquidity pools, especially during the Asian session. Helps traders know their position within a session: This indicator helps you identify which session is currently active—whether it is the Asian, London, or New York session. Good-looking appeara

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 customizable parameters for color, width, and style, traders can tailor the indicator's appearance to suit their preferences and trading strategies. Key

Unicorn Indicator MT4 The Unicorn Indicator is an advanced and versatile tool designed for MetaTrader 4 (MT4) . This indicator detects and marks price gaps along with Breaker Blocks on the chart. A Breaker Block is a former order block that initially fails but later turns into a strong support level once the price revisits it. When a Breaker Block coincides with a Fair Value Gap (FVG) , the result is known as the Unicorn Zone . The indicator visually represents bullish Unicorn zones with a gree

The VIX Fix is a volatility indicator developed by renowned trader Larry Williams. It's designed to measure volatility in assets that don't have options or futures, such as individual stocks and forex markets. Essentially,   it acts as a synthetic VIX (Volatility Index) for any asset , providing a gauge of market uncertainty. This modified version of William's indicator helps you to find market bottoms and market tops. It comes with 2 styles: Stochastic and histogram style. Please see screenshot

The latest version of Indicator is fully integrated into an all-in-one package, including: Fair Value Gaps (FVG).  Implied Fair Value Gap (IFVG).  OrderBlock (OB).  The options in the settings section are relatively easy to navigate, and you can even use them right away upon activation without encountering difficulties when using the default configuration. The indicator utilizes an algorithm to automatically draw and identify Order Blocks (OB), Fair Value Gaps (FVGs), and Implied Fair Value Gap

The Market Structure with Inducements & Sweeps indicator is a unique take on Smart Money Concepts related market structure labels that aims to give traders a more precise interpretation considering various factors. Compared to traditional market structure scripts that include Change of Character (CHoCH) & Break of Structures (BOS) -- this script also includes the detection of Inducements (IDM) & Sweeps which are major components of determining other structures labeled on the chart. SMC & pri

Was: $69    Now: $49   Blahtech VWAP - Volume Weighted Average Price (VWAP) is the ratio of price to total volume. It provides an average price over a specified time interval.  Links [  Install  |  Update  |  Documentation   ] Feature Highlights Configurable VWAP Line Sessions, intervals, anchored or continuous Previous day settlement line Standard Deviation bands Alerts at bar close or real time Automatic Broker or Tick volumes Significantly reduced CPU usage Input Parameters Expert Advisor

The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple

This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video   https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s . The basic idea behind this indicator is it draws a   tangent line   on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know

Multi Time Frame Indicator acts as a Scanner based on the Ichimoku Trading System. The outcome is displayed on a board. This helps you to make "at a glance" a mental picture of the System without having to open the chart. Up to 10 Currencies can be watched. Scanned elements And Legend "KUMO Futur" - Green : The Kumo Futur is Bullish. "KUMO Futur" - Red : The Kumo Futur is Bearish. "PRICE Cross KJ" - Green : The Price is Above the Kijun Sen.  "PRICE Cross KJ" - Red : The Price is Below the Kijun

HRLR & LRLR ICT Indicator for MT4 The High Resistance Liquidity Run (HRLR) and Low Resistance Liquidity Run (LRLR) indicators are valuable tools for tracking price activity in liquidity zones, built on the ICT trading methodology . The HRLR indicator detects liquidity accumulation after the price establishes its lowest low. This phase initiates a sequence of higher lows and higher highs, indicating the start of an upward trend . Conversely, the LRLR indicator identifies price movements advancing

This indicator show candle time remaining. The remaining time of the candle is calculated every 200 milliseconds. 1. You can set x (horizontal), y (vertical) of text. 2. You can set font, color, size of text. 3. You can remove the text without having to remove the indicator from the chart. The remaining time of the candle depends on the timeframe of the chart with the indicator.

One of the very few indicators that calculate levels solely based on price. The indicator is not affected by time frames, trends, or market cycles. One of the most logical indicators ever made. The FIFTY indicator now comes in an automated version, removing the need for manual level drawing. This version automatically plots daily, weekly, monthly and yearly levels on the chart, ensuring accuracy and saving time. Additionally, buttons are provided for toggling the visibility of these levels, off

his is a custom indicator based on double-average crossing and arrow marking. Make multiple lists when blue arrows appear up. Make a blank list when the red arrow appears down. When the pink line crosses the green line upwards, the pink line is above, the green line is below, the golden fork appears, and the blue arrow appears. When the pink line crosses down through the green line, the pink line is below, the green line is above, a dead fork appears, and a red arrow appears. This is a good

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

MT4 Candlestick Pattern Alert Indicator: Stay Ahead of Trading Opportunities Overview The MT4 Candlestick Pattern Alert Indicator is a robust tool designed to empower traders by detecting candlestick patterns and delivering timely alerts through notifications, emails, and pop-up alerts. This invaluable tool saves traders precious time, allowing focused analysis on patterns and potential profitable trades. Importance of Candlestick Patterns Candlestick patterns are pivotal in technical analysis,

Currency Power Meter shows the power of major currencies against each other. The indicator shows the relative strength of currency/pair at the current moment in a period of time (H4, daily, weekly, monthly). It is useful for day traders, swing traders and position traders with suitable period options. Currency power is the true reason of market trend: The strongest currency against the weakest currency will combine into a most trending pair. As we know, trend makes money and all traders love tre

This is a custom indicator based on the Exponential Moving Average (EMA) angle, typically used to measure the trend angle of EMA lines. Here are the main parameters and functions of this indicator: Main Parameters: md1: Fast period for EMA, default value is 12. md2: Slow period for EMA, default value is 26. md3: Period for the MACD signal line, default value is 9. Functions: The indicator calculates the MACD indicator and categorizes data into different buffers based on the direction and angle o

Better Period Separators For MetaTrader 4 The built-in period separators feature doesn’t allow users to specify the time period, so you can use this indicator to create more customizable period separators. On intraday charts, you could place period separators at a specific time, you could also place extra period separators at a specific time on Monday to mark the start of a week. On higher timeframe charts, this indicator works the same as the built-in period separators, On the daily chart, peri

This indicator has been developed to identify and display these trends quickly and easily, allowing you to see instantly, those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The 28 currency pairs are displayed as a fan as they sweep from strong to weak and back again, and this is why we call it the ‘currency array’. All 28 pairs are arrayed before you, giving an instant visual description of those pairs that are trending strongly, those

Of all the four principle capital markets, the world of foreign exchange trading is the most complex and most difficult to master, unless of course you have the right tools! The reason for this complexity is not hard to understand. First currencies are traded in pairs. Each position is a judgment of the forces driving two independent markets. If the GBP/USD for example is bullish, is this being driven by strength in the pound, or weakness in the US dollar. Imagine if we had to do the same thing

This scanner is for showing Cross of various TDI elements: PriceLine, Trade Signal Line and Market Base Line And for getting alerts, so you can be prepared for finding good trade setups before they happen. It also shows TDI signals, trend, volatility and different timeframe alignment. Detailed blog post: https://www.mql5.com/en/blogs/post/759050 Features: Show TDI Signal and Trend Show Volatility & Overbought/Oversold Show cross between: PriceLine & TSL PriceLine & MBL MBL & TSL PriceLine and