Technical Indicators for MetaTrader 4 - 17

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.

This Weis Wave Volume indicator is a tool to help traders identify the current price trend.  Understanding volume can provide insight into a market's behavior to help you determine its overall health. The most important rule is this: volume precedes price. Typically, before a market price moves, volume comes into play. It has 2 main colors histogram which are green and red. – Green indicates an upward wave. The more the price increases, the bigger the green volume gets. – The red color shows a d

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

Simple ATR Stop Loss : Your market volatility compass that helps you navigate the treacherous waters of trading , setting smarter Stop Losses and making you look like a trading ninja  (cape not included). Attention all trading aficionados and market mavens! Behold, the Simple ATR Stop Loss indicator – your new best friend in the wild world of trading.   It's simpler than a two-piece puzzle but mightier than a caffeinated bull in a china shop. The ATR Trading Cheat Sheet (or

RSI Divergence Indicator for MetaTrader4 The RSI Divergence Indicator for MetaTrader4 functions similarly to automated MACD divergence tools and stands out as one of the most effective indicators for detecting possible trend reversals. It automatically highlights bullish divergences at price lows and bearish divergences at highs. This indicator becomes even more powerful when integrated with technical frameworks like support/resistance levels to generate more dependable trade entries. «Indicato

"Capture the sleeping and waking alligator." Detect trend entrance/exit conditions - this indicator can also be tuned according to your trading style. You can adjust a confidence parameter to reduce false positives (but capture less of the trend). This is based on a modification of the Alligator indicator by Bill Williams, an early pioneer of market psychology.  2 main strategies: either the " conservative"  approach to more frequently make profitable trades (at a lower profit), or the " high r

Anti Bat Harmonic Pattern Indicator MT4 The Anti Bat Harmonic Pattern Indicator automatically identifies and draws patterns using price structure analysis algorithms combined with Fibonacci ratios. This harmonic pattern is essentially the inverse of the traditional Bat pattern. While the Bat pattern is designed to pinpoint a strong reversal zone after a significant retracement, the Anti Bat pattern represents a shallower correction, with price reversals occurring at different Fibonacci ratios co

Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A value of zero means the market is absolutely flat A value of 100 means the marke

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Combo Energy Beam with Swing Control Strategy: Confirm swing pullback signals Watch Video: (Click Here) Energy Beam with Trend Laser Strategy: Confirm Tre

This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in the zone helps to

Session Box Indicator MetaTrader 4  The Session Box Indicator is one of the session and kill zone indicators for MetaTrader 4 . It enables traders to analyze and examine the timing of financial markets . This indicator displays major trading sessions , including Asia (Tokyo and Sydney) , Europe (London and Frankfurt) , and America (New York) , on the chart using colored boxes . Using this tool, traders can observe the opening and closing hours of each trading session and identify highs, lows , a

Dark Sniper pointer indicator.  Complete absence of redrawing   The percentage of correct indicator forecasts depends on your settings; the default is period 7 (performed better) The arrow indicates the direction of the next candle and the possible direction of the trend in the future.  Suitable for small timeframes m1 and m5  It is recommended to open transactions from 1 to 2 candles.  The signal appears on the current candle. Open a trade on the next one since the signal is being generat

Before diving into the features of this indicator, please rate this product, leave a comment to share your experience, and subscribe to my page to stay updated on the latest releases and tools. Your support is valuable and helps me continuously improve my creations! Description: The TradingSessionVisualizer is a powerful MetaTrader 4 indicator designed to provide a clear and customizable visualization of major trading sessions on your charts. This tool allows you to easily distinguish between As

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

Quantitative and Qualitative Estimation (QQE) indicator MT4 The Quantitative and Qualitative Estimation (QQE) indicator MT4 is a reliable analytical tool used for detecting market trends and generating trade entries with enhanced precision. It functions within MetaTrader 4 and integrates both quantitative metrics and qualitative evaluation through advanced smoothing algorithms to reduce noise and minimize false triggers. This indicator is derived from the Relative Strength Index (RSI) and visual

The indicator gives buy or sell signals based on the Parabolic SAR indicator, and it also contains strategies with Moving Average. There are alerts and alerts to the mobile terminal and to the mail. Arrows are drawn on the chart after the signal is confirmed. They don't redraw. I recommend watching my advisor -   Night Zen EA To keep up to date with my latest products and ideas, join my telegram channel and subscribe to my profile. The link in my profile contacts - My profile   The indicator in

Chaikin Money Flow Divergence Indicator for MetaTrader 4 The Chaikin Money Flow Divergence Indicator for MetaTrader 4 offers a comprehensive blend of liquidity strength assessment and divergence analysis. As an enhanced oscillator for MT4, this tool builds upon the traditional Chaikin Money Flow (CMF) approach by integrating divergence detection capabilities—highlighting inconsistencies between price movements and volume-based liquidity shifts. It’s designed to provide precise trading alerts bas

This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pro

Nas100 killer V2 (See video of how we test the indicator live) 1000% non-repaint indicator appears on current candlestick. Timeframes: M5, M15, M30, H1, H4. Works on pairs such as (NAS100, US30, SPX500, and Gold) The indicator is strictly for scalping do not hold trades for too long. Orange arrows look for selling opportunities. Light Blue arrows look for buying opportunities. 

One of the most powerful and important ICT concepts is the Power of 3. It explains the IPDA (Interbank Price Delivery Algorithm) phases. PO3 simply means there are 3 things that the market maker's algorithm do with price: Accumulation, Manipulation and Distribution ICT tells us how its important to identify the weekly candle expansion and then try to enter above or below the daily open, in the direction of the weekly expansion. This handy indicator here helps you keep track of the weekly and

We Trade Live Trend Entry & Exit is another fantastic addition to the the We trade Live trend Indicator collection This Indicator works fantastically well with our other Indicators. This Indicator is primarily used to enter a trade & Exit a Trade , and to alert you when you could possibly take a short or long on a current trend , it provides alerts on when there is a change in direction on the trend you are trading but please make sure you take into account all variables, before entering a trade

TrendWave Oscillator is an advanced MT4 oscillator that not only identifies the trend direction but also provides visual and audio alerts to enhance trading strategies. Key Features: - Color-coded trend indication:   - Blue : Indicates an uptrend, signaling potential price growth.   - Orange : Indicates a downtrend, suggesting possible price decline.   - Gray : Represents a flat market or lack of clear entry signals. - Graphical signals on the chart :   - Aqua : Highlights an uptrend, emphasi

The R Inside Bar indicator for Metatrader 4 provides simple to use price breakout levels based on inside bars. It works on pure price action and does not repaint whatsoever, and pops up in the main MT4 chart window in the form of 2 colored horizontal lines above and below the actual inside bar. The green horizontal line acts as resistance and the red line acts as support. Long & short trade idea Open a buy order if the candlestick closes above the green inside bar line and the overall trend is u

How TrendMaster Works TrendMaster is a trading indicator designed to streamline and enhance your chart analysis. Using algorithmic logic, it reviews historical price data to generate a dynamic reference line. When price action crosses this line, a "BUY" or "SELL" signal is displayed on your chart. The goal is to assist in identifying potential shifts in price behavior with a clear and user-friendly visual approach. Why Use TrendMaster? The TrendMaster MT4 Indicator helps highlight potential tre

AB=CD Harmonic Pattern Indicator in MetaTrader 4 The AB=CD harmonic indicator in the MetaTrader 4 platform is developed as a tool for identifying harmonic patterns.This indicator automatically draws the AB=CD pattern on the chart by marking four key points: A, B, C, and D, and highlights the price reversal zone (PRZ).It helps traders identify optimal entry and exit points at crucial market turning points through technical analysis. «Indicator Installation & User Guide» MT4 Indicator Installatio

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

Overview Discover a powerful yet simple indicator to identify market trends effectively!  Awesome Moving Average (AWMA)  is designed to detect bullish or bearish trends by analyzing price breakouts beyond the moving average line. Basically, the way this indicator works is similar to the Moving Average indicator available on the MetaTrader platform. As we know, the Moving Average indicator tends to be difficult to use when the market is in a sideways condition because it often gives false breakou

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

Chinetti pip collector XL is a complete turnkey trading system. If a trader does not yet have his own trading system, he can apply Chinetti pip collector XL to trading. Trading with this indicator is very easy. Even a beginner in Forex can handle it. Trading rules: wait for the indicator to start drawing a blue line. This means that the price trend is starting now. Now we are waiting for the indicator to analyze the market and draw an up arrow on the chart. At this point, we open a buy order.

It is the main indicator of Turtle Trading Strategy. It provides an excellent advantage for following the trend. It gives a signal to enter the transaction in channel breaks.  A sell position is opened when the 20-period lower channel breaks, and a buy position is opened when the upper channel breaks. 2 ATR should be used as the stoploss level. The R-R ratio should be at least 1/2. You can reach the maximum profit opportunity by following the 10-period middle level. Recommended INPUT: 20 Period

How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai

Iceberg Divergence Indicator will help traders to find divergent patterns that occur on the charts very easily and simply This indicator will visualize divergences pattern that occur on the chart by combining it with an awesome oscillator indicator Key Features Easy to use : The Iceberg divergent indicator is made as simple as possible so that it is easy to use Pattern Visualization : Divergent patterns will be visualized on the live chart Precision : The indicator detects divergent patterns wi

FVG Rapid Mitigation Signals Indicator MT4 The FVG Rapid Mitigation Signals indicator is designed to detect fair value gaps (FVGs) that are swiftly filled, marking them with arrows for easy identification. Once these gaps are recognized, the indicator on MetaTrader 4 automatically generates a Trailing Stop , aligning with the trend direction for optimal trade management. «Indicator Installation & User Guide» MT4 Indicator Installation  |  FVG Instantaneous Mitigation Signals Indicator MT5   | A

Price Action Indicator gives you reverse or even continous trend signals depending on your timeframe and Strategy used. !!!This is not a holy grail indicator and it will not give 100% winning rate!!! As you can see, it is not giving a lot of signals because of the price movements in side way (flat) trend. You can use it on every major currency pairs and even on indices. Please be aware of using this indicator with other  strategies and indicators. Use MM and Risk Management properly. Sometimes

This indicator is based on Guppy's GMMA Strategy. And shows arrows when GMMA lines cross up or down. To have this indicator and get alerts for Multiple Timeframes and multiple Pairs you can check out the demo of this GMMA Trend Scanner indicator: https://www.mql5.com/en/market/product/38747 About GMMA In Brief: GMMA attempts to identify trends by combining two groups of moving averages with differing time periods: The long-term EMAs (30, 35, 40, 45, 50, and 60) the behaviors of investors that h

Smart Money Divergence ICT Indices MT4 The SMT Divergence Indices ICT indicator is a specialized tool available for MetaTrader 4 , designed to assist ICT traders in recognizing Smart Money Divergences across three major indices: Dow Jones (DJI), Nasdaq (NASDAQ), and S&P 500 . By using this indicator, traders can identify crucial SMT Divergence points , offering insights into potential price movements. Additionally, the indicator detects trendline divergences , as well as high and low price varia

The elite (V3) multi-indicator suite from JoaquinTrading specifically geared towards Forex & binary options, including regulated exchanges such Nadex, Cantor Exchange, and other binary option brokers. The Probability Tool Suite Elite will provide the given win/loss outcome probabilities of up to 10 strike levels, a specific expiration duration, based on a combination of up to 16 indicators, rules, or conditions and derivative behavior (i.e. expiry, touch, touch & retrace).  Using this indicato

Have you ever wanted to be able to catch a trend just as it is beginning? This indicator attempts to find the tops and bottoms of a trend. It uses in-built indicators and studies their reversal patterns. It cannot be used on its own it requires Stochastic(14) to confirm signal. Red for sell, Blue for buy. There are no parameters required just attach to a chart and it is ready to go. Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   A Winning Trading Stra

MRBEAST Assistant El   indicador MR BEAST Assistant para MetaTrader   es un indicador multitemporal que se basa en tres indicadores estándar: el   oscilador estocástico, el   RSI   (Índice de Fuerza Relativa) y el   CCI   (Commodity Channel Index). Muestra las direcciones de la tendencia actual para los marcos temporales M1, M5, M15, M30, H1, H4, D1, W1 y MN1. Cuando se sigue un indicador de este tipo se tiene una visión clara de las tendencias en todos los marcos temporales importantes. No imp

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

This indicator lets you easily mark the daily open levels on a chart with several possibilities of customization. For many trading strategies, the daily open level is an important level to base trading decisions on. That is why I chose to create this indicator that is designed to assist you with trading these strategies, as well as further optimizing them and getting a general understanding of the markets movements. With this tools help, you can easily take a look at the previous price action ar

This is a modified Fractals indicator. It works similar the original Bill Williams' indicator, and is additionally enhanced with the possibility to change the top radius, in contrast to the standard radius of 2 bar. Simply put, the indicator checks the top and if it is the minimum/maximum in this radius, such a top is marked by an arrow. Advantages Adjustable radius. Use for drawing support and resistance levels. Use for drawing trend channels. Use within the classical Bill Williams' strategy or

Scalping Monster Ultra Shock - ready-made system for trading on the scalping strategy. This indicator is a whole analytical center with analysis algorithms close to neural networks. The indicator automatically analyzes the market, examines the behavioral characteristics of the price, the impulses of market trends, the balance of trading, and based on the collected data, the indicator predicts points of reversal and further price movement. How to trade using Scalping Monster Ultra Shock: when

In statistics, Regression Channel is a approach for modelling the relationship between a scalar response (or dependent variable) and one or more explanatory variables (or independent variables).We Applied relative strength index(rsi) values to develop regression models of various degrees in order to understand relationship between Rsi and price movement.                        Our goal is range prediction and error reduction of Price divergence , thus we use Rsi Regression

This indicator is suitable for trading Forex and Binary Options, depending on its settings. The indicator is designed for trend trading. A buy signal: An up arrow appears on the chart. A sell signal: A down arrow appears on the chart. Input parameters === Setup CCI === Period CCI 1 - Period of the CCI Period CCI 2 - Period of the CCI Level BUY - Level of the CCI for buying Level SELL - Level of the CCI for selling === Setup RSI === Level SELL - Level of the RSI for selling Period SELL - Period

Pivot Points All-in-One Indicator for MetaTrader 4   The Pivot Points All-in-One Indicator is a practical tool for identifying pivot points and support and resistance levels , designed for the MetaTrader 4 (MT4) platform. This indicator calculates pivot points based on the previous day’s high, low, and close prices and plots the pivot point line (displayed in blue). Resistance levels are displayed as red lines. Support levels are displayed as green lines. These levels serve as high-priority are

This trend scanner indicator is using two main indicators to identify trends. Frist the EMAs to provide a view on Bullish / Bearish momentum. When the shorter EMA (calculated off more recent price action) crosses, or is above, the slower moving EMA (calculated off a longer period of price action), it suggests that the market is in an uptrend. Second the Stochastic RSI, When RSI is < 20 it is considered oversold, and when > 80 it is overbought. These conditions suggests that momentum is very str

Wave Entry Alerts In Gold is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Gold (XAU/USD) symbol. Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Trade

Momentum Reversal Detector Indicator for MetaTrader 4 The Momentum Reversal Detector Indicator for MetaTrader 4 is designed to detect potential trend reversals by evaluating price momentum shifts. It utilizes a black histogram to monitor momentum changes and highlights possible entry and exit points at critical turning zones. When the indicator detects positive momentum on a higher timeframe, the background color shifts to light green. It also marks Up Divergence (purple) at the exhaustion of up

Dies ist ein durchschnittlicher Index basierend auf einem benutzerdefinierten Algorithmus. Je nach Band können Uplink und Downlink farblich identifiziert werden. Das Pop-up-Feld kann ein- oder ausgeschaltet werden, um anzuzeigen, dass der aktuelle Kauf- oder Verkaufsauftrag platziert werden soll. Beschreibung der Parameterliste: Extern int price = 0; / /anfänglicher Durchschnittspreis des Indikators Externe int length = 20; / / der Indikator berechnet den Durchschnittszeitraum, der dem Du

Master Candle (MC) Indicator automatically detects "Master Candles", also known as "Mother Candles", i.e. candle that engulf several candles that follow them. See screenshots. You can choose how many candles Master Candle should engulf. By default it is set to 4. Feel free to change colour and thickness of lines as it suites you. I find this indicator to be very useful to identify congestions and breakouts, especially on 60 minutes charts. Usually if you see candle closing above or below "Maste

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

The indicator finds impulse waves on the chart. Analyzes the breakdown of the fractal channel and builds impulse levels . In addition, it finds the alleged places of false breakouts and liquidity grabs . In the settings, you can enable a multi-currency dashboard and select any tools and timeframes. Notification Choose between the current schedule or the entire list. There are separate impulse and false breakdown signals. Blog-Link -  Retest and Fake Breakout with UPD1 . Trade Patterns: + Retes

The indicator finds the levels of the maximum and minimum price volume (market profile) on the working histogram for the specified number of bars.  Composite profile . The height of the histogram is fully automatic and adapts to any instrument and timeframe. The author's algorithm is used and does not repeat well-known analogues. The height of the two histograms is approximately equal to the average height of the candle. Smart alert will help you to inform about the price concerning the volume

The  Trade by levels  indicator is designed to automatically determine the formation of a model for entering the market on the chart of the selected instrument. Definitions:           ⦁ BFl is the bar that formed the level.          ⦁ BCL1 and BCL2 bars, confirming the level.  The graphical model:         ⦁ levels high\low the bars BFL and BCL1 must match the accuracy to the point         ⦁ there can be any number of bars between BFL and BCL1.         ⦁ between BCL1 and BCL2 intermediate bars

Apollo Price Action System is an indicator that is completely based on the Price Action principle. The indicator gives a signal to buy or sell as soon as the conditions for entering the market are formed according to the indicator's strategy. The indicator can be used as a basic trading system or as an addition to your own trading system. The indicator can be used with any time frame but D1 is recommended. This indicator is very easy to use. You just need to follow the signals. The indicator dis

Advanced Reversal Hunter Pro (ARH) is a powerful, innovative volatility-based momentum indicator designed to accurately identify key trend reversals. Developed using a special algorithm that provides a clear construction of the average volatility range, without redrawing its values ​​and does not change them. The indicator adapts to any market volatility and dynamically adjusts the width of the band range, depending on current market conditions. Indicator advantages: Advanced Reversal Hunter Pro

Future prediction is something any trader would love to know, through this simple prediction algorithm can give a picture of the future. This algorithm is based on past data and the average prices of the data to simulate future candles. This is an indicator that will be redrawn. This indicator is completely free, can be used as a trend reference but absolutely do not use for trading.

The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann

Based on famous and useful indicator - Super Trend, we add some features to make this Indicator much easier to use and powerful. Ease to identify the trend of any chart. Suitable for both Scalping & Swing Better to use in the trending market be careful in sideway market, it might provide some fake signals Setting: ATR Multiplier ATR Period ATR Max Bars (Max 10.000) Show UP/DOWN node  Nodes size Show Pull-back signals  Pull-back filter ratio Period of MA1  Mode of MA1 Period of MA2  Mode of MA2 A

Aroon Oscillator in MetaTrader 4 T he Aroon Indicator, featuring two distinct colored lines, is a dependable tool in MetaTrader 4 for identifying market trends in both bullish and bearish conditions. Displayed in a separate panel below the main chart, it measures trend strength on a scale from 0 to 100. The positioning of the Aroon Up and Aroon Down lines provides clear signals for potential Buy or Sell opportunities. «Indicator Installation & User Guide» MT4 Indicator Installation  | Aroon I

VR Cub is an indicator for getting high-quality entry points. The indicator was developed to facilitate mathematical calculations and simplify the search for entry points into a position. The trading strategy for which the indicator was written has been proving its effectiveness for many years. The simplicity of the trading strategy is its great advantage, which allows even novice traders to successfully trade with it. VR Cub calculates position opening points and Take Profit and Stop Loss targe

The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as

The ADX Indicator is known to be used to determine the trend direction. Not only that, but it also has deviation (+DI and -DI) that determine the direction of the trend as well. The role of the indicator is to spot the trend and its direction and generate signals accordingly. Indicator Settings: - ADX period : default is 14 periods (it works best with the timeframe H1). - Signal Width : the size of signals arrows. - Signal Distance : the distance of the signal arrow from the candle. - Signal co

Key Price Action Levels Indicator for MT4 The Key Price Action Levels Indicator for MetaTrader 4 marks important zones on the chart where price has historically reacted. These zones often act as support or resistance, or represent supply and demand areas. The indicator uses a color-coded system to visually display rounded price levels directly on the chart. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Key Price Action Levels Indicator MT5  | ALL Products By  TradingFind

Anti Butterfly Harmonic Pattern Indicator MT4 The Anti Butterfly Harmonic Pattern Indicator accurately identifies the key pivot points X, A, B, C, and D and automatically plots the harmonic structure on the chart. Bullish patterns appear in red, and bearish patterns in blue, providing clear insights into market trends. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Anti Butterfly Harmonic Pattern Indicator MT5  | ALL Products By  TradingFinderLab  | Best MT4 Indicator:  Ref

The "Easy Ichimoku Wave Meter" indicator is a basic tool to automatically determine Waves according to Ichimoku! The indicator gives the possibility to simultaneously apply the Wave Theory, Time Theory and Target Price Theory according to the "Little Ichimoku" strategy developed by Sense Hosoda on the MT4 platform.  The use of this tool allows not only novice traders to instantly (fully automatic) determine the waves and their rapid interpretation, it also allows to automatically measure the pr

We mark the fair value gap (FVG) and wait for the price to reach that zone, but sometimes it reverses before getting there. This can happen because we didn't notice the Balanced Price Range (BPR). My tools will enhance your analysis by displaying everything on the chart, helping you identify potential price reversal areas so you can make informed decisions about when to enter the market. MT5 -  https://www.mql5.com/en/market/product/119228/ So, what is BPR or Balanced Price Range? A Balanced Pr

The indicator has combined 5 popular strategies. Draws an arrow after confirming a signal for the selected strategy. There are signal alerts. Doesn't redraw its values. I recommend watching my advisor -   Night Zen EA 5 strategies. The main line crosses the signal line. The main line crosses the signal line in the oversold (for buy) / overbought (for sell) zones. The main line enters the oversold (for sell) / overbought (for buy) zones . The main line comes out of the oversold (for buy ) / over

Classic Bat Harmonic Pattern Indicator for MT4 The Classic Bat Harmonic Pattern Indicator is one of the most well-known harmonic patterns in technical analysis. Formed based on precise Fibonacci ratios, this pattern signals a strong price correction. This MT4 candlestick-based indicator displays bullish Bat patterns in pink and bearish Bat patterns in blue. It helps traders identify optimal entry and exit points. «Indicator Installation & User Guide» MT4 Indicator Installation  | Classic Bat H