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Technical Indicators for MetaTrader 4 - 24
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
* All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me to send you instructions and add you in "Candle Scanner group" for sharing or seeing experiences with other users. Introduction: Candles tell their story. When looking at a candle, it’s best viewed as a contest between buyers and sellers. Candlestick patterns are used to predict the future direction of price movement. Candlesticks are an easy way to understand the price action. You can use candlesticks to decid
FREE
The presented product is a trend indicator of technical analysis that allows you to open a position at the very beginning of a significant price movement. The most important qualities of the presented indicator are: The ability to follow the trend for as long as possible to get all the potential profit; Minimization of potential losses in case of a trend reversal or significant correction. The indicator has a wide range of customizable parameters allowing it to be used effectively in any market.
FREE
AH Candles MT4 AH Candles MT4 is a new product that allows identifying the current market phase (uptrend and downtrend ).
This indicator paints bars in different colors depending on the current state of the market trend ( Green and Red )
AH Candles MT4 is use for trading currencies
Advantages Suitable for intraday and swing trading. The indicator base on EMA method to calculate Period Parameters It can be used as a standalone tool or together with other indicators.
How to use the prod
FREE
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.
FREE
Gina Dual TPO — Brief MQL4 indicator TPO + Volume profile overlaid on chart — fast, scalable, and beginner-friendly. Built for traders who read market structure by POC and Value Area. What it is An MQL4 indicator that overlays dual market profiles—Time-at-Price (TPO) and Volume-at-Price (VPO)—directly on your chart. It’s fast (pixel-based drawing), scalable, and beginner-friendly. Who it’s for Intraday and swing traders who read market structure via POC (Point of Control) and Value Area to spot
FREE
This indicator helps you to scan all symbols which are in the Market Watch window and filter out a trend with alerts. It works on five most effective indicators which are used by most of traders for trading: Moving Average Average Directional Moment (ADX) Relative Strength Index (RSI) Parabolic SAR MACD It calculates two bars for scanning. When box colour changes to coral or royal blue colour, it indicates you for trend change for long and short entry. And also you will get alert on screen. When
FREE
FTU Idioteque
The indicator is for MT4 platform, can be used alone but best combined with other indicators or strategies Combines various indicators such as macd, adx to draw an arrow for suggestion of entry or trend change
Watch a short intro video on youtube: https://youtu.be/lCRJ3mFNyOQ
Indicator Features: Sell and Buy arrows Visual and sound alert Trend continuation / Early trend change signal New features: Limit to amount of bars in history Change distance of arrow from bar
Usage : Thi
FREE
Market Profile with Dashboard Indicator - Complete User Guide
indicator Overview The Market Profile with Dashboard is a comprehensive trading analysis tool for MetaTrader 4 that displays market profile data, volume analysis, and key market structure information directly on your chart. This indicator helps traders identify significant price levels, market balance areas, and potential trading opportunities based on market profile theory.
Core Components and Features
Market Profile Display - Sh
All-in-one trading powerhouse: trend, reversal, and exhaustion detection
This indicator is a personal implementation of the famous Traders Dynamic Index, which uses RSI, moving averages and volatility bands to find trends, reversals and price exhaustions. However, this particular implementation supports not only RSI, but many others. It is suitable for scalping, day trading, and swing trading and aims to provide a full picture of the current market conditions. [ Installation Guide | Update Guid
FREE
For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
A simple crosshair indicator for MT4. Main features Displays crosshair guidelines (price/time) that follow your mouse cursor, allowing you to check chart information intuitively. Designed to minimize calculations, so it runs lightweight and has minimal impact on chart performance. When the mouse cursor leaves the chart area, the crosshair automatically disappears, so unnecessary lines won’t remain on the chart.
Recommended for Those who want to improve the efficiency of top-down analysis and ov
FREE
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
FREE
Complete newbie Trader Guide Ultimax Dashboard! Everything you need to know to read the dashboard and make confident trading decisions even as a complete beginner.
Features:
Pair Scanner LWMA Trends Confluence Score RSI ADR% Market Sessions Currency Strength Smart Alert
Overview
What does Ultimax actually do? Ultimax is a single-screen command centre for forex trading. Instead of juggling 10 separate indicators across multiple charts, everything you need to evaluate a trade is right in fron
The indicator allows you to instantly determine the current trend by color and FIBO levels. Higher Timeframe the panel shows the current trend of higher periods, helping to determine the strength of the trend Trade according to the trend when changing the color of candles or trade against the trend when the price hit the extreme levels of the FIBO Trend PRO indicator Advantages of the FIBO Trend PRO
Indicator never repaint and does not change their values Very easy to use and intuitive
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
FREE
Optimize your trading strategy of your custom indicators with the "Indicator Combiner Into One Indicator". This advanced tool combines multiple indicators, including your custom indicators, into a single, user-friendly interface. It generates an arrow signal based on your custom indicators, simplifying your decision-making process. Ideal for traders of all levels, this indicator offers:
Arrow Signals : Get a clear, single arrow signal that combines insights from your custom indicators, mak
FREE
Reasonable Indicators, Reasonable Prices 1. Core Functions Multi-Period Resonance : Uses 13, 34, 55 period KDJ for signal filtering.
Gap Up Capture : Identifies Gap Up patterns for strong start entries.
Reversal Warning : Predicts tops/bottoms using J-value sensitivity. 2. Signal Description Buy Signal 1: UP (Gap Up)
Displays white “UP” text. Indicates a Gap Up bullish candle above MA5 . Shows strong bullish power , suitable for trend following .
This is a signal dashboard based on SMA and WMA. Bull and Bear signals indicate that the price has likely changed direction (not just a temporary correction). Trap signals indicate that the price is likely only undergoing a correction, so do not rush to take an opposite position. For effective use, focus only on the timeframe column where you trade. You may observe all timeframes if you are accustomed to multi-timeframe analysis. The displayed signals are not intended to tell you to buy or sell
FREE
ConfluencePro v2.0 – Ultimate Confluence Indicator for Binary Options & Forex Professional Multi-Filter Signal System with Dashboard, News Filter & Real-Time Statistics ConfluencePro v2.0 is the most advanced confluence-based indicator ever released on the MQL5 Market. It combines 17+ professional filters (Trend, Smart Money Concepts, Market Structure, Divergence, MTF Confirmation, News Events, Volume, Regime Detection and more) into a single, easy-to-read confluence score (0–100%). Only the hi
Draw and Sync Objects Multiple Charts 1. Draw objects by key press. ( You must: 1. Press Function key => 2. Click where you want to draw => 3. Draw it => 4. Press ESC to complete). (If you don't want to draw after pressing function key, you must press ESC to cancel). 2. Developing : Sync selected objects to multiple charts by button. 3. Developing: Hide objects that do not belong to the current symbol (Objects drawn with this indicator will belong to the symbol they are plotted
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This is Free product you are welcome to use for your needs! If you like this indicator, please leave short positive feedback! Thanks a lot! Click here to see high quality Trading Robots and Indicators! Forex Indicator SWAP Display for MT4, great auxiliary trading tool . SWAP Display indicator shows current swaps for long and short trades of forex pair where it is attached. It is possible to locate SWAP Display values in any corner of the chart. It is possible to set up color and font size as w
FREE
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. Demo version working on AUDNZD can be found https://www.mql5.com/en/market/product/29189
How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected.
Parameters Indicator Name - Used to draw the graphical object
FREE
OSMA (OsMA) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is OSMA? OSMA (Moving Average of Oscillator), also known as OsMA, is the difference between the MACD line and its signal line (i.e., the MACD histogram). It measures how far the MACD oscillator is from its signal moving average, effe
FREE
I would like to introduce you to a trading assistant for trading gold (XAUUSD) and cryptocurrency. The code implements a counter-trend trading strategy.
The indicator identifies local peaks (potential trend reversals). . Sound alerts are also implemented in the code! Trading Recommendations: Instrument: GOLD (XAUUSD) Timeframe: M15 Open trades on the second signal in a series Do not forget to move positions to breakeven Settings: Period = 50; Period = 200; Pips = 4000; Distance_Pips = 4000 The
FREE
Mahdad Candle Timer MT4 — Real‑Time Candle Countdown Mahdad Candle Timer is a lightweight and precise MetaTrader 4 indicator that displays the remaining time until the current candle closes, shown directly beside the latest bar. It is designed for traders who rely on accurate timing — whether scalping, day trading, or waiting for candle confirmation in swing setups. Key Features Accurate Countdown – Remaining time in HH:MM:SS (optional milliseconds) Dynamic Placement – Always aligned with th
FREE
FUNDING DEVIL INDICATOR has been developed by traders for traders and is not another combination out of existing indicators or a "magic, solve all situations" tool.
PASS THE FUNDED ACCOUNTS WITH IT.
It is the answer for beginners and experienced traders about the misleading concepts of the mainstream, causing 90% of retail traders, never making a living out of trading.
Successful traders are "following the smart money" and do NOT try to catch every move from start to end. Consistent traders
FREE
Accumulation/Distribution (AD) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is AD? The Accumulation/Distribution (AD) indicator, developed by Marc Chaikin, is a volume-based indicator designed to measure the cumulative flow of money into and out of a security. It relates changes in price a
FREE
Clock GMT Live has everything you need to know more about our broker, many times you will have wondered what gmt I am on or what gmt my broker is working on, well with this tool you will be able to know in real time both the GMT time offset of the broker and of your local time, you will also constantly know the ping of the broker Just by placing it at a time of day you can get the information
The price increases for each acquisition, with this we will protect so that few can have my unique str
FREE
The indicator shows the time of formation of the current bar in a percentage ratio.
Indicator Properties color_back1 - background color 1 color_flat1 - color of borders for background 11 color_back2 - background color 2 Alert_Percent - percent value for a sound alert Sound_file - the name of the sound file, the file must be located in the terminal_directory/Sounds and have the .wav extension
FREE
Updates
9/12/2023 - If you are looking for the Spock EA, I don't sell it anymore. DM me for more info.
24/10/2023 - Check out my other products. Starting to roll out some EAs & indicators based on this range.
Currently there is no MT5 version. I am using MT4 myself.
So I will spend my time mostly to develop more extensive stats for the Stats version and maybe even an EA. But I might develop a MT5 version.
All depends on the demand. Meaning, the more people request it, the bigger the chan
FREE
Th indicator is a technical analysis tool that helps identify significant changes in price trends and filter out minor price fluctuations. It is used to highlight price swings and provide a clearer picture of market movements. The Pivots are found by checking if a certain candle is the highest/lowest in a given number of candles that come before and after it. This indicator has only one input, its period. The Higher the period, the more strict the indicator is about what constitutes a Pivot. Th
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SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market!
Key Features You can use it in all time-frames smaller than daily! Displays closest significant support and resistance levels Update the le
FREE
Fibomathe Indicator: Support and Resistance Tool for MT4 The Fibomathe Indicator is a technical analysis tool designed for MetaTrader 4 (MT4) that assists traders in identifying support and resistance levels, take-profit zones, and additional price projection areas. It is suitable for traders who use structured approaches to analyze price action and manage trades. Key Features Support and Resistance Levels:
Allows users to define and adjust support and resistance levels directly on the chart. L
FREE
Traders Dynamic Index (TDI) indicator with multi-timeframe support, customizable visual signals, and highly configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is TDI? The Traders Dynamic Index (TDI) is a composite indicator developed by Dean Malone that combines RSI, Bollinger Bands applied to RSI, and two moving averages of RSI into a single display. It provides a c
FREE
Accelerator Oscillator (AC) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is AC? Accelerator Oscillator (AC) is a momentum indicator developed by Bill Williams that measures the acceleration or deceleration of the current driving force. The indicator is calculated as the difference between
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
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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 Fibo: from KTrade 1. Automatically calculate and analyze the band. -> Get the desired band 2.
FREE
FlatBreakout (Free Version) Flat Range Detector and Breakout Panel for MT4 — GBPUSD Only FlatBreakout is the free version of the professional FlatBreakoutPro indicator, specially designed for flat (range) detection and breakout signals on the GBPUSD pair only.
Perfect for traders who want to experience the unique fractal logic of FlatBreakout and test breakout signals on a live market without limitations. Who Is This Product For? For traders who prefer to trade breakout of flat ranges (breakout,
FREE
Momentum indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is Momentum? The Momentum indicator measures the speed of price change by comparing the current price to the price a specified number of periods ago. It is one of the simplest and most fundamental momentum oscillators, expressed as an a
FREE
updated hidden market support and resistance. this indicator is made for new current market that has new support and resistance that some traders struggle to see. The indicator works on all timeframes from the 1-minute timeframe to the monthly One Trading tip to use When price is at resistance and the indicator appears wait for a bearish candle to close then enter a sell trade. Same applies for a buy trade when price reaches support level, and the indicator appears wait for the bullish candle
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Download directly the indicator file here. (if you can't open on MT4) MACD Indicator is one of the most popular momentum indicators among users. Searching and detecting MACD signals by the eye may not be easy. Scan Full Charts Dashboard Indicator with simple user interface and search customization panel saves time and scans all charts for MACD signals search and notifies the user with high accuracy. After finding the signal, the user was aware of the result by alerts and notifications. This ind
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The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
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Downloads missing data for all currency pairs available in market watch. Very useful for backtesting EAs and strategies and downloading all history at once instead of individually. This products downloads data for the Ultimate Sniper Dashboard and can work with any other products. The indicator will run until all the historical data for the selected currency pairs have been downloaded. The indicator has multiple options: 1. Download data for single pair 2. Download for current pair only 3. Downl
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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
FREE
If you like this project, leave a 5 star review. Often times we are using brokers that are outside of the GMT-0 timezone, this
not only complicates things, but, it can make seeing when a trading session starts
a bit more difficult than it should. This indicator allows you to set a timezone offset it will draw a vertical line for the: Day. Week. Month. Quarter. year.
FREE
This indicator displays each bar's volume in points as a histogram. The second version of the indicator. Now it is represented as an oscillator. It is more informative and functional. At that it does not load the main chart. GitHub It displays: bar's volume in points as a histogram (buffer 0) average value of the volume for the whole period (buffer 1) bars upper than the client average value with another color (buffer 2) average value of the amount of bars set by a user (buffer 3) Also: setting
FREE
Leonardo Breakout SMC – Advanced Trading Indicator
Overview The Leonardo Breakout SMC is a masterpiece of precision and innovation, crafted for those who seek to understand and harness the unseen forces within the market. Just as Da Vinci observed the natural world with meticulous detail, this MetaTrader 4 (MT4) indicator reveals the hidden structures of price movement, enabling traders to capture the essence of smart money concepts (SMC) and execute flawless breakout strategies. Every eleme
FREE
What is G Force Trend? G Force Trend is a technical analysis indicator developed for the MetaTrader 4 platform. It analyzes price movements to identify trend direction and generates buy/sell signals. The indicator creates a dynamic channel to track price behavior within the channel and visualizes trend changes. What Does It Do? Trend Detection : Determines whether the price is in a bullish or bearish trend. Buy/Sell Signals : Generates clear buy and sell signals when the price crosses the channe
FREE
Asesor Experto "Sniper FX": Precisión Milimétrica para Tus Operaciones El asesor experto "Sniper FX" redefine la precisión en el trading automatizado al ofrecer un enfoque estratégico centrado en pocas, pero extraordinariamente precisas, entradas en el mercado. Inspirado por la agudeza de un francotirador, este asesor experto utiliza algoritmos avanzados para identificar oportunidades óptimas de compra y venta, maximizando el potencial de beneficios mientras minimiza la exposición al mercado.
FREE
SKAN This indicator helps you to scan all symbols which are in the Market Watch window and filter out a trend with alerts. It works on five most effective indicators which are used by most of traders for trading: Moving Average Super Trend (ST) Bolinger Band (BB) OPRC BFD It calculates two bars for scanning. When box colour changes to coral or royal blue colour, it indicates you for trend change for long and short entry. And also you will get alert on screen. When it changes to royal blue, it
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A simple tick indicator of Bid and Ask prices. The period separator (1 minute) is displayed as a histogram. Parameters Price_levels_count - number of price levels to be displayed. Bar_under_calculation - number of bars of the indicator to be displayed on the chart.
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This indicator calculates support and resistance prices in multi-timeframe with different formulation and draw them on the chart that style do you choose. And If you want, Indicator can alert you when the current price arrive these pivot levels. Formulations: Classic, Camarilla, Woodie, Demark, Floor, Fibonacci
Alert Options: Send Mobil Message, Send E-mail, Show Message, Sound Alert
Levels: PP, S1, S2, S3, S4, S5, R1, R2, R3, R4, R5, TC, BC and Middle Points Why do you need this indicator:
Tim
FREE
Trend Strength Heatmap (Real-Time)
Smart Structure Heatmap is a multi-timeframe trend analysis indicator designed to help traders quickly identify market direction and overall trend strength based on real time. The indicator combines several technical filters into a simple heatmap dashboard, allowing traders to view trend conditions across multiple timeframes in one place. Trend direction is displayed using color signals: Green Uptrend (buy) Red Downtrend (sell) Yellow Sideway
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Quickly monitor your floating profit or loss as a percentage of your account balance live and always visible right on your chart! Key Features: Real-Time Calculation: Instantly calculates the combined floating profit or loss from all open trades as a percentage of your current account balance. Easy On-Chart Display: The result is conveniently shown as a label in the lower-right corner of your chart no distractions, always visible. Clear Color Coding: Green for profit, red for loss for imm
FREE
Candle Pattern Finder
Candle Pattern Finder is a powerful MT4 indicator designed to help traders easily detect key candlestick patterns in real-time. Whether you're trading trends, reversals, or consolidations, this tool highlights important price action signals directly on the chart — helping you make faster and more confident trading decisions. Detects popular candlestick patterns: Bullish/Bearish Engulfing Hammer & Inverted Hammer Shooting Star & Hanging Man Three White Soldiers Three Black
FREE
What indicator do you look at most on your MT4 charts? Is it the Moving Average? I d o not believe that the default grid lines on MT4 charts—which you likely see hundreds or thousands of times—are designed with the intent of helping the user win. This is why MT4 users apply various indicators and go through trial and error. Because it is a chart you look at every day, it must present reliable information that we humans can recognize intuitively. This indicator was born from a single core concep
AD Trend line draws trend lines on the basis of A/D indicator (Accumulation/Distribution). When A/D indicator breaks a trend line, the probability of the trend reversal is very high. This is a multitimeframe indicator which can display values from higher timeframes. Parameters Time-frame — Select a timeframe; zero is the current timeframe of the chart; Trend Line — Display lines on the chart; Apply to — Apply lines to close the candle's highest/lowest value; Width line — Width of the line; Style
FREE
This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/28375
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074
The free version works only on EURUSD and GBPUSD! This indicator scans for you u
FREE
Quantum Swing 1. What is Quantum Swing The indicator calculates and displays future price levels based on quantum mathematics with high accuracy of probability and direction. Levels are displayed in the form of zones for making trading decisions; they clearly define a narrow price range for placing orders with a minimum stop-loss and maximum take-profit. The indicator displays future trading zones on different timeframes H1, H4, D, W. Quantum oscillations are also displayed without reference to
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Rua Pinbar This is an indicator to help you quickly identify pinbar candles in the chart. Can be used on any currency pair and any time frame you want. This indicator is often used to determine entry points. You can refer to the product here: https://www.mql5.com/en/users/phamruacoder/seller
A product of Ruacoder Get code indicator and robot (EA) as required.
FREE
Shadow Bands Pro – MT4 说明(中英文) English Description (MT4) Shadow Bands Pro – Advanced Reversion System for MT4 Shadow Bands Pro is a non-repainting (on candle close) trend-reversal and mean-reversion indicator designed for traders who need clear, rule-based entries and exits.
By combining a dynamic volatility band, entity-break logic, and a built-in statistics panel, it helps you quickly see where price is stretched and where high-probability reversals may occur. Key Features Non-repainting on
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Moving Average Cloud draws 4 MAs on chart simultaneously in histogram style. Indicator uses 4 MAs: slow sma & ema 200 and fast sma & ema 50. the range between 2 slows MAs and Fasts, represented by histograms on the MAs boundaries - creating kind of "cloud" that can be traded by all kind of MA strategies like support & resistance or other... Change of color of the same histogram points to momentum changing.
Combined with other market analysis, can greatly improve trading results.
FREE
Candle Size Indicator Explore the candle size using this convenient indicator. It works across various timeframes, providing valuable insights for technical analysis. Key Features: Display the size of the candle after configuring the indicator. Compatible with all timeframes. The size of the candle is a significant metric in technical analysis, offering insights into market strength and volatility. This indicator enables clear and accurate visualization of candle sizes on your chart. Utilize thi
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Awesome Oscillator (AO) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is AO? The Awesome Oscillator (AO), developed by Bill Williams, is a momentum indicator that measures market momentum by calculating the difference between a 34-period and 5-period Simple Moving Average (SMA) of the media
FREE
This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. This FREE Version is restricted to EURUSD and GBPUSD. The full version without restrictions is here: https://www.mql5.com/en/market/product/42732
Param
FREE
Product Title Smart Alligator (MT4) – part of the SmartView series Short Description A Alligator indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and dist
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is designed to enhance the visual representation of financial charts in MetaTrader 4 by dynamically altering the colors of various chart elements, including candlesticks, bars, line charts, and volume bars. Its primary purpose is to improve trader intuition and engagement during market analysis by introducing smooth, cyclical color transitions that can highlight momentum shifts, trends, or volatility without overwhelming the display. This functionality is particularly beneficial for traders who
FREE
The RSI Divergence Indicator is a powerful tool designed to identify potential reversals in the market by spotting discrepancies between the Relative Strength Index (RSI) and price movement. Divergences can be a significant indication of an impending trend change, either from bullish to bearish or vice versa. This indicator is built for making the task of identifying potential trade opportunities more straightforward and efficient.
Features: Automatic Detection: The indicator scans the chart f
FREE
RaysFX Stochastic L'indicatore RaysFX Stochastic è un indicatore personalizzato per la piattaforma MetaTrader 4.
Caratteristiche principali:
-Indicatori separati: L'indicatore viene visualizzato in una finestra separata sotto il grafico principale. -Livelli dell'indicatore: L'indicatore ha due livelli predefiniti, 20 e 80, che possono essere utilizzati come livelli di ipervenduto e ipercomprato. -Buffer dell'indicatore: L'indicatore utilizza quattro buffer per calcolare e memorizzare i suoi
FREE
Learn how to purchase a trading robot from the MetaTrader Market, the store of application for the MetaTrader platform.
The MQL5.community Payment System supports transactions via PayPal, bank cards and popular payment systems. We strongly recommend that you test the trading robot before buying, for a better customer experience.
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