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Technical Indicators for MetaTrader 4 - 31
Индикатор отображает размер бара и его направление. ---------------------------------------- Цвета гистограммы: * Красный - Медвежий бар.
* Зелёный - Бычий бар.
* Серый - Цена открытия и цена закрытия равны. * Синяя линия - скользящая средняя.
---------------------------------------- Параметры: - Type of Calculation - Тип расчёта ( Low to High, Open to Close ) - Moving Avarage - Период скользящей средней
FREE
Индикатор Free Pro Level предназначен для автоматического построения уровней поддержки и сопротивления. Преимущества индикатора: подходит как для опытных трейдеров, так и для новичков; простота в использовании; уровни не перерисовываются; вероятность реакции цены при касании уровня более 80%; бесплатный. Индикатор Free Pro Level имеет всего 5 пунктов входных параметров: Минимальная длина свечи в пунктах по 5 знаку - основной параметр, на основании которого происходит анализ и поиск уровней по
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Non-proprietary study of Joe Dinapoli used for trend analysis. The indicator gives trend signals when the fast line penetrates the slow line. These signals remain intact until another penetration occurs. The signal is confirmed at the close of the period. It is applicable for all timeframes. Parameters Fast EMA: period of the fast moving average. Slow EMA: period of the slow moving average. Signal EMA: period of the signal line. ************************************
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Индикатор "Buy Sell zones x2" основан на принципе "остановка/разворот после сильного движения". Поэтому, как только обнаруживается сильное безоткатное движение, сразу после остановки - рисуется зона покупок/продаж. Зоны отрабатывают красиво. Или цена ретестит зону и улетает в космос, или пробивает зону насквозь и зона отрабатывается с другой стороны так же красиво. Работает на всех таймфреймах.
Лучше всего выглядит и отрабатывает на Н1.
Может использоваться как: индикатор зон, где лучше вс
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This indicator was inspired by John Welles Wilder's average true range (ATR) , but with some extra information. Similarly, it calculates the exponential moving average of the true range, but using the standard alpha weight instead of Wilder's . It also calculates the average deviation of the range average, and displays it as an offset. This helps not only identify a change more quickly, but also its impact.
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A Swing Failure Pattern ( SFP ) is a trade setup in which big traders hunt stop-losses above a key swing high or below a key swing low for the purpose of generating the liquidity needed to push price in the opposite direction. When price 1) pierces above a key swing high but then 2) closes back below that swing high, we have a potential bearish SFP . Bearish SFPs offer opportunities for short trades. When price 1) dumps below a key swing low but then 2) closes back above that swing low, we have
Mantis Shrimp Convergence (MSC) A new way to see market momentum — no lag, no confusion.
What is MSC? Mantis Shrimp Convergence (MSC) is a powerful non-repainting oscillator, inspired by the logic of MACD but rebuilt for modern trading: zero lag, no false divergences, and dual-line precision. Designed for traders who demand clarity, speed, and reliability, MSC reveals momentum shifts with unmatched visual and structural accuracy.
How it Works MSC uses two signal lines — Fast and Slow,
Highly configurable CCI indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters:
CCI Timeframe: You can set the current or a higher timeframes for CCI . CCI Bar Shift: you can set
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The indicator builds alternative quotes based on the average price of a bar and shadows for a specified period of time or according to a fixed body size.
Options:
StartDrawing - the date from which the indicator will build quotes;
PerCounting - period for calculating the average body size and shadows. If AverageBody = 0, then it builds at an average price;
AverageBody - fixed candlestick body size. If greater than zero, builds on this parameter.
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CCI Trend Finder indicator with different colors at levels 0, 100 and -100. The cross is a signal for "123 Exit" as presented by MPlay and used in Woodies CCI system. This exit signal is effective especially in short-term breakout trades, because it prevents early exiting at small corrections. This indicator is great for having it as an extra tool for your analysis.
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As the suggested, with this indicator you are able to switch from one symbol or timeframe to another in the same single chart. So forget about opening tons of chart on your screen! It's not designed for ICT or SMC trader, but if you are that kind of trader you still can use it. Imagine you have a strategy containing various indicators and settings, on a single chart you can screen the entry opportunity then move to the next symbol or timeframe.
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Check out other great products from https://www.mql5.com/en/users/augustinekamatu/seller
This indicator is the best so far at estimating reversal points especially on high time frames. It does not repaint and is based on a combination of moving averages computed using custom functions. No inputs required, it is simple plug and play. The principles used ensure that it can be used on CFDs, Commodities and Stock with incredibly great results. With proper money management and portfolio balancing
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Features:
- Moving Average Slope for Max Past Bars - Slope Period - Slope Thresholds - Multiple Slope Type options - See slope visually as a histogram - Info Panel Show/Hide Slope Calculations and Types:
The slope value is calculated using the Slope Period. Suppose Period is 5, it will check the MA value for bar (x) and bar (x+5). And find the slope angle between them.
Read detailed description about Slope Types and Settings here: https://www.mql5.com/en/blogs/post/747651
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The UNIVERSAL DASHBOARD indicator will eliminate the need of using dozens of indicators on dozens of charts. From one place you can monitor all the pairs and all the timeframes for each of the following indicators: MACD STOCHASTIC WPR RSI CCI You can also use any Custom indicator in the dashboard as long as it has a readable buffer. With a single click you can quickly navigate between charts, pairs and timeframes. Alerts will provide clear indication about what happens for your favorite pairs on
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The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
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pappye indicator uses bolinger band to trigger it's signal ,it contain's pappye animation for alerting trading signals this alert is not continuous for the same arrow it will played 2 times only it could be used for any pair any time frame personally i prefer to inter a trade when there is to consecutive arrow in horizontal level after a breakout drift in a price but you could choose your way after trying the demo copy on your terminal
parameters fast : fast bolinger period slow : slow bolin
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This MT4 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments: 1 customizable multi-period moving average Optional Heikin-Ashi candles 3 switchable focus modes Distinct colors for easy analysis
Link to MT5 version: https://www.mql5.com/en/market/product/106707/
This indicator shows your preferred moving average from multiple time fram
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This is the author's trading system.
Designed for intraday trading. Signals are not rewritten. Suitable for any instrument and timeframe. You can enable alerts. Easy to use. See screenshots. Simple settings! Everything has already been done for you! The basis is the analysis of the current trend. The indicator is looking for a way out of accumulation. If you have been looking for a good trading system for a long time, then it is in front of you! Subscribe to my telegram channel, where we discus
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Free Scalping is a comprehensive manual system developed for the most efficient trading at any market conditions and time scale.
The system is based on two main blocks:
1. The block of trend determination that calculates dynamic support and resistance. The function of auto-optimization is available for this block.
2. The block of price deviation from its median based on the big set of regressions to get the statistically-valid result. Entry rules For buys:
1. The trend goes up
2. The price i
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21 simple moving average ( All Type of 21 MA River ) 51 simple moving average
Long Entry Upper 51 MA and above the 21 River Middle channel. Long Only Above Green Line (Market Opening Line) Short entry Below the lower 51 MA and below the 21 lower channel. Short Only Below Green Line (Market Opening Line)
Exit position
Initial stop loss is 20 pips below (for buy) or above (for sell) Target : Next level as per indicator Profit Target ratio 1:1.2
Download Template : https://drive.google.com/o
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If you have difficulty determining the trend as well as entry points, stop loss points, and take profit points, "Ladder Heaven" will help you with that. The "Ladder Heaven" algorithm is operated on price depending on the parameters you input and will provide you with signals, trends, entry points, stop loss points, take profit points, support and resistance in the trend That direction.
Helps you easily identify trends, stop losses and take profits in your strategy!
MT5 Version: Click here
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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
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Fractal Divergence Channel is based on the fractal divergence patterns , representing them in the form of a channel with the borders changing the moment the next pattern appears. The upper border of the channel corresponds to the upper part of the last found bearish fractal divergence pattern. The lower border of the channel is the lower part of the last found bullish pattern (see screenshot 1). Compared to the FractalDivergence_Patterns indicator, the channel version has the same parameters wit
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Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by Joseph Granville. However instead of trending lines, this indicator shows volume cross over. When the closing price of an asset is higher than the previous closing price, then the Bull volume is greater than zero and Bear volume is negative. It suggests that buying volume is dominating, an
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The implementation of the impulse system described by Dr. Alexander Elder. The indicator colors the bars according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - blue bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy.
Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the fast moving a
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Symbol Changer (Custom) Indicator
This is a simple yet intuitive indicator. And its free.
The indicator provide easy navigation across various symbols and across different time frames all in a chart.
The buttons are displayed on the main chart.
It is flexible and easy to use with fast response speed.
FEATURES
UniqueID : This identifies the pairs for each chart
Use Custom Pairs : If set to true, load all the available symbols in the Market Watch. No means it loads the pairs selected be
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Engulfing Period V75Killed Indicator for MT4 – Master Market Reversals with Precision! (This indicator is PRIVATE and designed exclusively for traders who understand its unique value.) The Engulfing Period V75Killed Indicator for MetaTrader 4 is a powerful tool for traders who want to effortlessly detect bullish and bearish engulfing patterns across multiple timeframes. By highlighting key engulfing zones directly on your chart, this indicator helps you seize high-probability trading opportuniti
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The idea of this indicator is to draw RSI in the form of candles that can be compared with price charts to generate buy and sell signals. The indicator is not my invention. I founded it on the internet several years ago. I updated the code, added alert functions, added the Bermaui Utilities group of tools.
The indicator calculates the RSI of all the prices that are used to draw candlesticks (RSI of the open, high, low & close). It uses the highest of them to draw the RSI candles high wick & the
PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR HERE https://www.mql5.com/en/market/product/51637 AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS.
This Indicator is based on four moving averages and the PIVOT points. The indicator provides clarity to trading, especially in ranging markets when price is very slow and tight. You can trade intensively daily, every day with this indicator. You may decide to trade with this indicator alone and get the maximum out of the market. The indicator wa
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The principle of this indicator is very simple: detecting the candlestick pattern in D1 timeframe, then monitoring the return point of graph by using the pullback of High-Low of D1 Candlestick and finally predicting BUY and SELL signal with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each time frame. Example:
If you install indicator on XAUUSD, timeframe D1: the indicator will detect the reversal, pullback, price action on this timeframe (for exam
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Economic Calendar Viewer
This economic events reader is adapted to load data from a csv file. You can prepare the csv file yourself according to this template, you can do it in notepad or csved. The file should normally be named Calendar-MM-DD-YYYY.csv. And contain lines with data column headers according to this example. In the Impact column, i.e. impact on the market depending on the importance of the event, the names accepted from the least important are: None, Low, Medium, High. In columns
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Introducing Momentum Jurik—an innovative indicator designed to optimize your forex trading strategy by incorporating custom moving averages based on the Momentum indicator with the MetaTrader 4 indicator, Momentum.
Jurik moving averages are renowned for their precision and reliability in analyzing price movements in the forex market. They provide traders with smoother representations of price action, reducing noise and offering clearer signals for identifying trends and potential reversals.
T
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This indicator integrates the Bollinger Band strategy in calculation with a volume-over-MA
calculation to further narrow down "Areas of Interest" levels for a potential re-test zone to the right of the chart.
We added a Moving Average calculation for a multi-level cloud and further broke down more conditions to highlight both
volume flow crossover on the High and Extreme High MA's and also high and extreme high volume spikes on set period average
without bull\bear conditions. Original Bull/Bear
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The FCK Multi Indicator for MT4 displays trend direction of multiple indicators on multiple time frames for a pair. So, forex traders can see the trend direction at a snap and trade with confluence of multiple indicators. Furthermore, it helps traders to see the trend in multiple time frames and trade in the direction of the overall market trend. Additionally, it shows the stop loss, pips to stop, pips in profit of any open position. The indicator display is very neat and is very helpful for bot
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ContiStat restricted - Free DEMO version of the ContiStat indicator
Free version of the indicator is ment as DEMO of full paid version. Full functionality is available, however The indicator work only on M30 chart period . Find the ContiStat indicator for full functionality
Brief description The ContiStat indicator calculate statistic frequency of green (up) and red (down) movement in the chart and determine movement dynamics (silver curve). There are two key parameters to understand the ContiS
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Cross Trend Lines indicator trend indicator of find. This indicator, an array of works by using a series of indicator and algorithm. Uses two lines to find trends. The intersection of this line means that the start of the trend. These lines are green, tend to rise. Red lines indicate the downward trend. Use of this indicator is easy to understand. This indicator on its own or you can use other indicators that are appropriate for the strategy.
Suggestions and Features Starts a new trend at the
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The range indicator means the average daily price movement. For convenience, it is visually displayed on the charts, but with the H4 timeframe and below. The indicator is redrawn daily and the gaps are included in the calculation. An additional dotted line means 80% of the daily movement passed. An important tool in the arsenal of a professional trader or someone who wants to become one. PrimeTools is a series of products designed for correct and professional trading. [ PrimeTools Levels | Prim
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It is another simple information indicator. This indicator shows the current spread of a financial instrument and the value of one point with a volume of 0.10 lot.
About the Spread Spread is the difference between the Ask and the Bid price of an asset in the stock or currency exchange. Let's refer to Central Banks and currency exchange in these banks, in order to understand why Spread is so important in currency trading. In Central Banks, we always see the difference between the buying and the
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A flexible 2-Line MACD indicator The default MACD indicator inside MT4, limits you to using the MACD with a fast-EMA, slow-EMA, and signal-SMA. This MACD indicator allows you to set your own MA-Method choices for these 3 components, separately! You can select from SMA-EMA-SMMA-LWMA, and can even use a separate method for each 3 fast-slow-signal periods. A more featured version is available with colored candles+conditions, full alerts+conditions, line coloring, DEMA and TEMA options; MACD MAX
Fe
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Shadow Height mt4 Shadow indicator.
Displays the size of candlestick shadows, in points, as a histogram. Works in three modes, user-selectable. Description of indicator settings Mode - indicator operation modes, three modes: first height - display mode for upper and lower candlestick shadows; the second difference - the mode of displaying the difference in candlestick shadows, the difference between the upper and lower candlestick shadows; the third superiority is the accumulated difference in
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Ultimate Super Rejection Zones is a powerful MT4 indicator designed to detect accurate intraday reversal points using a combination of: Previous Day High & Low Midline equilibrium zone Rejection candle patterns Double-layer confirmation using two Stochastic filters Smart alert and arrow system Daily auto-reset filtering Optional trend filter using Moving Averages The indicator helps traders find high-probability reversal entries at premium and discount zones.
It automatically marks: ️ Sell Reje
Or "MAC". This is an indicator designed to help you capture and trade the trend. The idea behind this indicator can be explained in the next steps:
Draw a fast-moving average Envelope. Draw a slow-moving average Envelope. The MAC Upper Band is the highest value between the high of both Envelopes. The MAC Lower Band is the lowest value between the low of both Envelopes. The MAC Histogram Cloud fills the distance between two bands to show you change in direction. Blue Cloud indicates the uptrend
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
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Balanced Entry by VArmadA A simple yet powerful fractal based Support/Resistance Indicator
Works with timeframes 1H and higher and tested on all major pairs. Pay attention to the signal: An arrow indicating a long or short entry.
How It Works:
Arrows indicate reversed support/resistence. Up arrow means long - down arrown indicates a short trade.
Instructions: - IndicatorLong/IndicatorShort: Choose the colors for the given indicator arrows - Show Resistence Levels: Visualize the resistence l
FREE
PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR HERE https://www.mql5.com/en/market/product/51637 AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS.
The indicator was created to make trading very easy to understand. It is based on five moving average crosses and pivot points. Download the "EASY TREND" on my Product list for a more advanced and profiting trades. You can trade with this indicator alone and get the maximum out of the market. If you are a new trader, just open your chart window
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I decided to list it for free. Combined Informer of DeMarker with RSI MTF. Each parameter can be change values in menu. it is good for scalping or for weekly trading and looks as universal fx-toy. Now I use it for BTC, ETH, BNB. In menu you can turn on daily percentage gain info, weekly and monthly gains also included as informers. Short ATR helps to determine when price was slow/stopped and entry for pulse pump/dump. The filter of numbers of RSI can be tuned for overbought/oversold values w
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A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails.
The tail of the pin bar shows the area of price that was rejected, and t
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About Waddah Multimeter (free):
This product is based on the WAExplosion Indicator. It helps identify explosive market trends and potential trading opportunities. Check out the detailed product post here for scanner and multimeter both: https://www.mql5.com/en/blogs/post/758020
Please note that scanner is paid and multimeter is free.
Features: Waddah Trend Direction Trend Strength (above/below explosion line or deadzone) Trend Explosion Alert Alignment alerts Multi-timeframe Custom currency Mu
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Double Exponential Moving Average (DEMA) is a well-known trend indicator. DEMA was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine. It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other indicators. The advantage of this indicator is that it eliminates false signals at the saw-toothed price movement and allows saving a posi
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What is Squeeze Momentum? Squeeze Momentum is an innovative technical analysis indicator popularized by John Carter in "Mastering the Trade" that detects compression periods in markets. This indicator analyzes volatility changes using a combination of Bollinger Bands and Keltner Channel. What Does It Do? Squeeze Detection : Identifies periods when Bollinger Bands move inside the Keltner Channel Momentum Measurement : Shows momentum changes through linear regression calculations Color-Coded Signa
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This indicator measures volatility in a multi-timeframe fashion aiming at identifying flat markets, volatility spikes and price movement cycles in the market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade when volatility is on your side Identify short-term volatility and price spikes Find volatility cycles at a glance The indicator is non-repainting The ingredients of the indicator are the following... The green histogram is the current bar volatility The blu
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With the MACD Multi Time Frame indicator, you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This FREE version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: MACD Multi Time Frame This blog post gives you REAL-TIME MACD Divergence Analysis for FREE and tips how to trade the divergences: REAL-TIME MACD Divergence Analysis The MACD Multi Time Frame gives you a very good overview o
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The Sentiment Ratio indicator gauges current Market Sentiment between -100% and 100%, where lower than -40% is considered Bearish and higher than 40% is Bullish. The channel between the two is considered Neutral. The indicator has been a very useful filter tool for signals within a trading system.
Example call function: int SentimentIndicator(double triggerLevel)//Return sentiment if trigger level is activated { double sentimentRatio=iCustom(NULL,0,"Sentiment Ratio",0,0,0); if(sentimentRat
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A simple and highly effective Strength and Weakness currency indicator that can be used to aid your fundamental and technical analysis for winning trade decisions.
The indicator is very easy to use and can be applied to all time frames.
FX Tiger uses an advanced algorithm to calculate a score table for all major currencies. Each major currency will have a score from 7 to -7. A score of 5 and above indicates currency strength and a score of -5 and below indicates currency weakness. Once you ha
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This indicator is one of the useful tools for traders who trade on currency pairs and based on the strength of each currency they can make a correct decision or confirmation in the positions. It has been calculated for all the minor currency pairs supported by the broker and displays the values of the major currencies. These currencies are displayed horizontally or vertically according to the trader's config when executing the indicator. One of the trading strategies that can be used is to cho
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This indicator provides trading signals based on the polarity of the dynamical parameters of two digital signals. The dynamical parameters (momentum-acceleration) are derived by applying a high quality momentum oscillator, MTEMA LPD ( see Top Gun Oscillators ) to two digital signals. The MTEMA momentum oscillator is first applied to the price itself. Then, a rectification procedure is applied to the price based on the signals from the momentum oscillator yielding a rectified price signal. This s
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RSI Table: Your Ultimate Multi-Timeframe RSI Command Center!
Are you tired of constantly switching between charts and timeframes just to get a comprehensive view of the Relative Strength Index (RSI) across your favorite assets? Do you miss crucial overbought or oversold signals because they're hidden on another chart?
Introducing the RSI Table – the indicator designed to give you an instant, panoramic view of RSI values across multiple instruments and timeframes, all on a single, intuitive dash
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RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec
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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
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The indicator displays on a chart trading results. You can configure the color and font of displayed results, as well as filter trades based on the magic number. If multiple trades were closed within one bar of the current timeframe, the result is summed and output in one value.
Utility parameters Plot profit in - the format of output results: wither in deposit currency taking onto account commission and swap, or in points. Start from - start processing data at the specified time. Plot last dea
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Indicador "Supply and Demand Channels" para MetaTrader: Potencia tu Trading con Claridad y Precisión El indicador "Supply and Demand Channels" para MetaTrader es una herramienta avanzada diseñada para brindar a los traders una visión nítida y precisa de las zonas clave de oferta y demanda en el mercado. Basado en el principio fundamental de la ley de oferta y demanda, este indicador ofrece una interpretación gráfica única de las fuerzas que impulsan los movimientos de precios. Características De
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Overview of the Aroon Classic Indicator The Aroon Classic indicator is a technical tool that quantitatively identifies the emergence and persistence of trends on a chart. It uses two lines—“Aroon Up” and “Aroon Down”—to display trend strength and turning points within a range of 0–100. A higher Aroon Up value indicates a stronger uptrend, while a higher Aroon Down value indicates a stronger downtrend. Key Features Visually distinguishes trend initiation and reversal Customizable calculation peri
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It is a demo version of Advanced Arrow indicator It works only on GBPJPY but the full version works on all currency pairs.
Features Simply it gives you entry point ,SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint.
Indicator parameters Indicator Version : choose V5 or V6. TP 1 Line color : TP1 color. TP 2 Line color : TP2 color. TP 3 Line color : TP3 color. TP 4 Line color : TP4 colo
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After 7 years I decided to release some of my own indicators and EAs for free.
If you find them useful please Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here
_________________________________ Intraday Intensity Index (III) for Precision Forex Trading The Intraday Intensity Index, meticulously developed in MQL4, is a cutting-edge tool designed for enhancing forex trading analysis. This indicator offers a deep di
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The Auto Fibonacci Indicator is a professional technical analysis tool that automatically draws Fibonacci retracement levels based on the most recent closed Daily (D1) or 4-Hour (H4) candle. These levels are widely used by traders to identify key support , resistance , and trend reversal zones .
This version is designed for manual trading and supports a powerful trading strategy using Fibonacci levels combined with a 50-period EMA (Exponential Moving Average) , which you can easily add from MT4
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This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies.
We use this indicator in this way in our RoyalFractals II Expert Advisor, which you can purchase on the MQL5 Market: https:
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Introduction and Description
The indicator displays an arrow whenever a " Bearish Engulfing " is detected. The latter usually indicates the beginning of a downward trend. A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up candlestick followed by a large down candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price mo
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BuySell Volume is an indicator that approximates Buy and Sell volumes based on price movement. Input Description: applied_model: Choose the applied model. In low reversal mode, price is considered receive low bearish pressure during bullish candle's creation (high bearish pressure on high reversal model. In other words, Bullish Marubozu candles has really high Buy Volumes in low reversal model than in high reversal one.
Output Description: Buy and Sell Volume: Determines how many Buy and Sell vo
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This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. If line is Midnight Blue, indicator detect up trend. If line is Dark Violet, indicator detect down trend. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can use this indicator with FollowLine to have more accurate signals.
You can to get source code from here .
Parameters BarsCount —How many bars used to show the line. MAperiods —Period of Movin
FREE
The Sextet is an MT4 indicator that displays 6 levels of Moving Averages, where the second is the moving average of the first, the third of the second, and so on. It gives a signal when all the moving average levels align in order. Get a Free Sextet EA, and read discussions about using The Sextet Indicator on Forex Factory:
The Sextet EA @ Forex Factory Check out the The Sextet Scalper Pro for a more elaborate scalping strategy also with Free EA . Key Features: Is a Moving Average of a Movin
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