Technical Indicators for MetaTrader 4 - 32

The Rayol Code Hour Interval Lines indicator was  designed to assist your trading experience.  It  draws the range of hours chosen by the user directly on the chart, so that it enables traders to visualize price movements during their preferred trading hours, providing  traders   a more comprehensive view of   price movements and market dynamics. This indicator allows the user to choose not only the Broker's time, but also the Local time. This way, the user no longer needs to calculate local ti

Forex overbought / oversold entry indicator is based on a very powerfull strategy which give very accurate entry arrows. The indicator place arrows on "new candle" and does NOT repaint! This indicator is a MUST HAVE if you trade with a reversal strategy. This indicator can easely be combined with your other trading indicators to confirm reversals or bottoms. If you have ever had any trouble finding correct entries this indicator is the best available for you! Standard overbought and oversold str

This indicator can be used to show and evaluate the trailing stop algorithm "Trailing Stop with Inside Bars" that was proposed by the famous German trader and author Michael Voigt ("Das grosse Buch der Markttechnik") to capture robust gains when trading strong price moves. The trailing stop price is shown as a red line. You can start the trailing stop anywhere on your chart (bars or candles) by setting the "initialBarDateTime" input parameter to the open time of an arbitrary candle You can speci

This indicator creates a channel relative to other chart indicator: indicator + ATR and indicator - ATR . Useful to know if price has gone up too far of your baseline. The ATR levels can be adjusted with a multiplier. This version has more complexity than its MT5 counterpart to avoid some of the MT4 limitations: you need to introduce your baseline's name , parameters (in a string separated with commas), and buffer . Make sure that your baseline has all necessary values in one only buffer (or you

This Expert advisor does not do any trade, but it scans the whole symbols in your market watch and scan each shares one by one in different timeframes and at the end it shows you which symbol in which timeframe has a powerful engulfing candle. Furthermore, you can define a MA period and a high and low RSI limit, and it shows you which symbols in which timeframe is going to cross the adjusted moving average, and which symbol in which timeframe is going to cross high or low limit of the RSI.  The

How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre

This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter

The Spots Indicator can be used for Entering and Exiting your trades based on the common candlestick patterns such as: engulfing, hanging man, doji etc. It is designed to publish desktop and mobile notification every time a signal is triggered. However, it is worth noting that this indicator is recommended to be used with other indicator for confirming the entries. It is best to use it with the   Investment Castle Trend Lines indicator  and the   Supply and Demand indicator

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

The M.O.D.E stands for " Multiple Oscillator Divergence Exit ". It is an indicator which signals a divergence between the price, and multiple oscillators. It is initially an exit indicator because it signals the weakening of a trend, but it could be used as an entry signal if used analytically Key Features: Check many divergences at once Non repainting Sends   Alerts and Push Notifications You could load the M.O.D.E onto a single chart, and be able to see the divergences happening on multiple os

Dynamic Trading Dashboard for MT4 This powerful MT4 trading dashboard offers traders a comprehensive view of current and historical trading performance in an intuitive and visually organized format. With its precision-engineered design, the dashboard provides a seamless blend of real-time insights and historical analysis.  This trading dashboard is perfect for meticulous traders who seek a precise, all-encompassing tool to manage open and closed positions while gaining insights into past perform

*This is tradingview indicator converted to mql5* The Trend Magic Indicator is a popular technical analysis tool used to identify the direction of a market trend and potential trend reversals. It is a versatile indicator that can be applied to various financial instruments and timeframes. The Trend Magic Indicator consists of a combination of moving averages and a volatility-based filter. It aims to smooth out price fluctuations and provide a clearer visualization of the underlying trend. Here

Adaptive RSI indicator for MetaTrader 4 The Adaptive RSI indicator for MetaTrader 4 is a refined technical analysis tool tailored for traders who rely on the Relative Strength Index (RSI) to track market behavior and momentum shifts. This version offers an upgraded approach to RSI analysis, specially developed for the MT4 platform. Key capabilities of this indicator include: • Employing a dynamic RSI formula to better reflect trend conditions. • Delivering sharper market insights and refined sig

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

CCI Histogram Indicator for MetaTrader 4 The CCI Histogram Indicator is a refined version of the Commodity Channel Index (CCI), tailored specifically for the MetaTrader 4 platform. It helps traders monitor price deviations and offers visual cues for identifying potential Buy and Sell signals across various financial markets. «Indicator Installation & User Guide» MT4 Indicator Installation  |  CCI Histogram Indicator MT5  | ALL Products By  TradingFinderLab  | Best MT4 Indicator:  Refined Order

Daily Weeky Info it shows you Daily open and weekly open and daily trend open (ie) daily open > previous day open and weekly  trend open (ie) weekly  open > previous week open Day high low and weekly low high and previous week high and low   it will help you to decide your trade no need to check higher timeframe when you trade intraday,  dont trade against the daily trend and daily open level 

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

The Choppy Market Index (CMI) is an indicator of market volatility. The smaller the value of the indicator, the more unstable the market. It calculates the difference between the closing of the last bar and a bar n periods ago and then divides that value by the difference between the highest high and lowest low of these bars. Features Easily separate trends from the market noise The indicator is non-repainting. Returns CMI values through buffer. (see below) Inputs Period: The number of periods

Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply  and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the timeframes. But, they will not be able to draw

Standard Deviation Levels Indicator (STV Levels) MetaTrader 4 The Standard Deviation Levels Indicator is a price action and level-based tool for MetaTrader 4. It calculates and displays price levels based on standard deviation, helping traders identify critical support and resistance zones where price is likely to react. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Standard Deviation Levels Indicator MT5  | ALL Products By  TradingFinderLab  | Best MT4 Indicator:  Refined

This classic "old school" MAGIC MACD indicator gives you the cross of the parameters you set. Standart setting is (12,26,9) . The arrows give you a possible change of trend. Be careful and do not use this indicator as a single signal source. FREE version  Please feel free to check out our other REX indicator series. We do have other free indicators.     "OLD BUT GOLD"

Simulator for Risk / Reward ratio calculator We-RiskReward is a MT4 indicator made by the We-Trading team to simulate an order with Risk / Reward calculator. Horizontal Lines This indicator show you 3 horizontal lines that are: Open line Take Profit line Stop Loss line You can move the lines and you will see R/R and Lots calculation in real time. You can use it to simulate Long and Short positions. Indicator parameters As input parameters you need to check only the Risk for trade. For e.g. you

Indicator SR levels true in small time frames is very useful for scalping while in bigger ones it is good for day or position trading. SR levels true can draw 4 support/resistance levels based on defined maximum rebouds from price level. Indicator scans  defined number of bars in time axis and defined number of pips in price axis (both sides - up and down) and calculates how much times price was rejected from scanned price levels. At the price levels where maximum rebounds are counted, support

Twitter Model MMXM Indicator in ICT style for MT4 The Twitter Model MMXM Indicator is a MetaTrader 4 (MT4) tool inspired by Inner Circle Trader (ICT) and Smart Money Concepts. It’s engineered to detect daily high/low points over a 24-hour cycle and issues trading alerts based on liquidity grabs, Fair Value Gaps (FVG), and CISD setups. It also visually marks the New York session's start with a grey horizontal line. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Twitter Mod

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

MT5 Version OVERVIEW This indicator integrates a refined trend-following model with dynamic price rejection detection, dynamic candle coloring, and ATR-based target projection, offering traders a complete visual system for identifying and managing trend continuation setups. It overlays directly on the chart, automatically spots potential trend changes, confirms rejections near adaptive support/resistance, and shows calculated stop-loss and take-profit levels to support structured risk-reward d

RAVI Indicator MetaTrader 4 The RAVI indicator is a trend analysis tool available on the MetaTrader 4 platform, primarily used to identify structural shifts in the market. This oscillator functions by measuring the relative difference between two Simple Moving Averages (SMA) of different periods, expressed as a percentage relative to the price. «Indicator Installation & User Guide» MT4 Indicator Installation  |  RAVI Indicator MT5   | ALL Products By   TradingFinderLab  | Best MT4 Indicator:  

Perfected MA (Moving Average) HTF (Higher Time Frame) is perhaps the most advanced and reliable HTF indicator. Highly optimized in terms of execution, the indicator comes with standard settings of the MA indicator which is supplied with the MT4 platform. Place the indicator on the chart, any timeframe.  You may select a higher time frame in indicator inputs. The same indicator can be used on a chart multiple times to draw MA from multiple timeframes or for different MA values. A must-have tool t

The Multi Trendlines indicator automatically draws the dominant trendlines on the current chart. The indicator looks for the 5 best Up trends and the 5 best Down trends as at the current price, drawing each trendline if filter conditions are met. The trendlines are named "Trendline"+[Direction]+Symbol()+TrendlineSequenceNumber For example: The second Up trendline on a EURUSD chart would be named "TrendlineUpEURUSD2".   To get its current value would be: ObjectGet("TrendlineUpEURUSD2",OBJPROP_PRI

Use this indicator to draw multiple horizontal line to nearest round number Range for round number can be adjust manually depend how user want to use it Selection of colour also can be adjust manually Hope this indicator can help somebody in their trading. How to use this: Mostly I use this indicator for break, retest and entry. example:- current price XAUUSD :1740.00 which mean the closest level are 1750.00 and 1730.00 Wait for price to break this level. then wait for retracement if price maki

Show Current Candle Indicator (SCC) MetaTrader 4 The Show Current Candle Indicator (SCC) is a price action tool available in MetaTrader 4. It measures and displays the pip range between the highest and lowest points of the current candle. Positioned in the upper-left corner of the chart, this indicator serves as a practical resource for technical analysts and traders to monitor real-time market volatility. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Show Current Candle

Multi timeframe fractal indicator which shows the higher timeframe's fractal point on lower timeframes. Parameters Fractal_Timeframe : You can set the higher timeframes for fractals. Maxbar : You can set the maximum number of candles for the calculations. Up_Fractal_Color, Up_Fractal_Symbol, Down_Fractal_Color, Down_Fractal_Symbol : Color and style settings of the fractal points. Extend_Line : Draws a horizontal line from the previous fractal point until a candle closes it over or a user-specif

Center of Gravity (COG) Indicator MetaTrader 4 The  Center of Gravity (COG) Indicator  is a non-lagging oscillator designed for  MetaTrader 4 (MT4)  that enables rapid identification of price reversal points. It operates using two oscillator lines: a  red line , which generates the confirmation signal, and a  blue line , which verifies the trend direction. A  trend reversal signal  is triggered when the red line crosses the blue line. «Indicator Installation & User Guide» MT4 Indicator Installat

Search for an entry with low risk for trading by Lisek Waves Indicator. Using Lisek Waves Indicator can improve your trading performance. In it’s simplest form, this trading tool make it easy to s earch for an entry with low risk   and to manage your trade and risk. Lisek Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. You can avoid the loss from taking trades that are

Introducing MACD Jurik—an advanced indicator designed to enhance your forex trading strategy by integrating custom moving averages based on the Moving Average Convergence Divergence (MACD) with the MetaTrader 4 indicator, MACD. Jurik moving averages are renowned for their accuracy and reliability in analyzing price movements in the forex market. They offer traders smoother representations of price action, reducing noise and providing clearer signals for identifying trends and potential reversa

This is just a simple indicator that show Alert when the Current candle Close Above the Trendline. Previous candle do not affect the Alert.  The indicator is tied to the Trendline so if the Trendline is accidentally deleted, the Alert will not work. The indicator will draw another Trendline if the current Trendline is deleted.  Removing the indicator will removed the Trendline. There are 4 type of Alert to set: Popup Alert, Signal Alert, Push Notification, Comment.

Supertrend Moving Average A combination of Supertrend and Moving Average to create a converging trade setup Input parameters: signal mode: set it to true if you want to plug it into   STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart turn on moving average signal for converging setup supertrend period ATR multiplier Moving average period Averaging method Pricing You can find the best setting for 4 hour EURUSD on  this video

Summary This indicator is based on the MA applied to the Momentum indicator. It draws arrows at the confirmed crosses of the MA over the Momentum line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. Inputs Al

Introducing the Pivot Point Selector Indicator: Your Ultimate Tool for Custom Pivot Levels Are you ready to take your trading to the next level? Say hello to the Pivot Point Selector Indicator, a game-changing tool that puts you in control of your pivot levels. This innovative indicator empowers you to choose three specific points that will determine the pivot level calculations, giving you unparalleled customization and precision in your trading strategy. Key Features and Benefits: Custom Pivo

Hi Friends, This free indicator displays Tick chart on MetaTrader4 platform. Feel free to use it for Day trading or Scalping. Please give generous reviews and feedbacks for the product. All The Best! Note: When this indicator is initially applied to a chart, it will not show any output. Once price starts moving then Ticks will start getting displayed. Thus when markets are closed, it won't have fresh ticks to display. About us We are a small team of professional traders with experience in fore

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

Envelopes Indicator for MetaTrader 4 The Envelopes Indicator is a powerful technical analysis tool designed to identify support and resistance zones , as well as detect trend changes in financial markets. It consists of two lines placed a fixed percentage away from a moving average . These blue and red lines help traders spot overbought and oversold levels with precision. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Envelopes Indicator MT5  | ALL Products By  TradingFind

This indicator displays each bar's volume (visible range) in points. The display parameters are customizable. The indicator was developed for personal use (chart analysis). Parameters: ColorL - color of text labels. Position - label position: 0 - below, 1 - above. FontSize - font size. ANGLE - text slope angle.

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.

MASi Three Screens is based on the trading strategy by Dr. Alexander Elder. This indicator is a collection of algorithms. Algorithms are based on the analysis of charts of several timeframes. You can apply any of the provided algorithms. List of versions of algorithms:     ThreeScreens v1.0 - A simple implementation, with analysis of the MACD line;     ThreeScreens v1.1 - A simple implementation, with analysis of the MACD histogram;     ThreeScreens v1.2 - Combines the first two algorithms in

PAFX Secret Indicator for MetaTrader 4 The PAFX Secret Indicator for MetaTrader 4 is crafted to assist traders in spotting divergence patterns and underlying market direction shifts. It blends insights from six major oscillators—MOMENTUM, CCI, RSI, Stochastics, MACD, and Awesome Oscillator—to enhance the precision of divergence detection across various chart setups. «Indicator Installation & User Guide» MT4 Indicator Installation  |  PAFX Secret Indicator MT5  | ALL Products By  TradingFinderLa

The Bolliger Bands On-Off let you control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . --->  This indicator is part of Combo Indicator OnOff The Bollinger Bands identify the degree of real-time volatility for a financial instruments . A lower amplitude corresponds to a low volatility, conversely a greater bandwidth corresponds to high volatility. Na

Tester Periods is the useful indicator for visual strategy tester which extend chart periods. Its  designed for the trading utility  Trade Shell  (included   Trade Shell SMC ). Run the Trade Shell on the visual tester. Then put the Tester Periods indicator on the chart. If you wanna see timeframes M1, M5, M10, M15 , for example, then you have to run visual tester on M1 and to define multipliers like that: TimeFrame_Periods_Multiplier = 1,5,10,15 If you wanna see timeframes M5, M20, M30, H1, for

This indicator applies the  biquad high pass filter to the price-chart data, and displays the filter output for the OHLC as candlesticks. The candlesticks corresponds to the actual calculations of the filter value  during the formation of each price bar (not from all historical highs lows or closes). The shape of the bars therefore corresponds directly to the shape of each price bar. High pass filters are an underappreciated type of oscillator that are seldom used in technical analysis in the st

Индикатор пригодится тем, кто использует кластеры Фибоначчи в торговле и применяет построения с разными наборами уровней. Каждый набор уровней применителен как к уровням Retracement , так и к Expansion (выбирается в настройках). Уровни задаются перечислением в формате "0;50;61.8;100". Настройки индикатора: Fibonacci #1 – Набор уровней #1 Fibonacci – Тип уровней : Retracement или Expansion Levels – Набор уровней в формате "0;23.6;38.2;50;61.8;100" Color line – Цвет линии Style line – Стиль линии

This indicator allows to hide Ichimoku Kinko Hyo (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Tenkan-sen Kijun-sen  Senkou Span B Information on "Ichimoku Kinko Hyo" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/ichimoku ************************************************************* Hey traders!!  Give me your feeds!  We are a community here

Smoothed Relative Strength Index (RSI) indicator for MetaTrader 4 The Smoothed Relative Strength Index (Smoothed RSI) is a refined adaptation of the standard RSI tailored for the MetaTrader 4 (MT4) trading platform. By applying a smoothing filter through a moving average, this indicator minimizes sharp spikes and erratic movements commonly seen in the classic RSI. This results in a cleaner signal for evaluating momentum. A standout feature of the Smoothed RSI is its visual feedback: it turns gre

Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound aler

Classic Crab Harmonic Pattern Indicator for MetaTrader 4 The Classic Crab Harmonic Pattern Indicator is developed for use on the MetaTrader 4 trading platform and is designed to identify Classic Crab Harmonic patterns on price charts. Introduced by Scott Carney in 2000, the Crab pattern is widely favored among traders for its attractive risk-to-reward potential. This pattern consists of five critical points: X, A, B, C, and D. On this MetaTrader 4 indicator, bullish Crab patterns are displayed i

Real Woodie CCI Indicator for MetaTrader 4 The Real Woodie CCI Indicator represents an enhanced adaptation of the Commodity Channel Index (CCI), originally crafted by Ken Wood. This analytical tool merges two distinct CCI readings and presents them through a visually distinct color-coded histogram, assisting traders in spotting momentum shifts and generating more accurate trade signals. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Real Woodie CCI Indicator MT5  | ALL Pro

The Currency Strength Lines (CSL) indicator is a very useful tool for both beginners and experienced traders. It is able to calculate the strength of single currencies and show them on a chart, so that you can see the trend and spot trading opportunities. How does it work? The CSL Indicator will run calculations on all the 28 pairs, resulting in the overall strength across the market of individual currencies at any given moment. You can use this data to spot currencies that are strong, getting

With this indicator, you can easily make price regions in all time zones. In addition, with the automatic supply demand finder, you can ensure that the new regions are found automatically. You can increase your transaction quality by reaching more accurate operations with this auxiliary Tool and indicator. I share your trial version of EURUSD for free with you. If you want to buy the working version in all parities, you can contact me. +New version Gap Bar Add ( Press G keyboard )  Default con

Identification of support and resistance areas A useful indicator for traders completely free Can be used in all symbols Can be used in all time frames It has three different trends: short term, medium term, long term Settings: Clr1,2: You can change the color of the lines Type Trend: You can determine the trend Message me for questions, criticism and suggestions

The MA in Color_PRT Indicator offers valuable insights into market trends by displaying moving averages in different colors based on their direction. Green indicates an uptrend, red for a downtrend, and yellow for a consolidation phase. Traders can use this indicator to easily identify potential entry and exit points in their forex trades. When the lines change color, it can signal a change in market direction, giving traders an opportunity to adjust their strategy accordingly. Additionally, th

The indicator determines overbought/oversold zones on various timeframes. Arrows show market trend in various time sessions: if the market leaves the overbought zone, the arrow will indicate an ascending trend (arrow up), if the market leaves the oversold zone, the arrow will indicate a descending trend (arrow down). Situation on the timeframe, where the indicator is located, is displayed in the lower right window. Information on the market location (overbought or oversold zone), as well as the

This indicator is based on Zigzag. It shows the HH, HL, LL, LH counts. This helps in finding ongoing trends. Or ranges: Features: Show symbols for: Higher-Highs, Higher-Lows Lower-Lows, Lower-Highs And show counter for each Non-repainting option Customize Color and horizontal/vertical labels Corresponding scanner dashboard: https://www.mql5.com/en/market/product/85346 Symbols Described: HH = Higher-Highs (Current price high is more than previous high) HL = Higher-Lows (Current price low is mo

This semaphore indicator is based in the standard RSI, which is applied over the Envelopes indicator that shows an envelope or envelope fluctuation borders. This is a version of RSI vs Envelopes Graph drawn in a separate window . A sell signal emerges when the upper envelope/border is broken by the RSI indicator from top to bottom. A buy signal emerges when the lower envelope/border is broken by the RSI indicator from bottom upwards. The indicator can draw arrows on the indicator, draw vertical

Custom Pattern Detector Indicator This indicator lets you define your own custom pattern instead of the typical candlestick patterns. Everybody already knows about common candlestick patterns like the Doji pattern. This indicator is different though. The pattern you will define is a custom pattern based on CANDLE FORMATIONS . Once the indicator knows the pattern you want it to look for, then it will go through history on the chart and find matching patterns, make them visible to you, and calcula

For all those traders interested or currently trading Ichimoku, you will not want to miss this article. Although I am heading out in a few hours with my girlfriend to Harbin Hot Springs, I wanted to write a brief introduction to   Ichimoku Number Theory   as there has been a lot of questions (and confusion) about Ichimoku settings, time frames, etc. The basis of Ichimoku as known to most is the 5 lines; Tenkan Line Kijun Line Senkou Span A (part of the Kumo) Senkou Span B (other part of the Kum

DSS is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Because its always best to know what the larger timeframes are doing. I have adopted the tactic of overlaying the larger chart of DSS over the smaller chart to gauge whats going on overall and to pint point best entry or exit points. I have left it adj

YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD The popular saying in forex  "The Trend is your friend"   has always stood the test of time because it is valid statement for every generation of traders and in every market. Most successful traders do not fight against the trend but lend to flow with it.  Sometimes finding the best pair to trade can be a daunting task even when you have a good strategy . Some

This indicator uses a formula based on bollinger bands to determine if the market is in Range or not. It can be used to filter entries and not operate in a sideways market. It has a minimum value of 0.2 from which it could be operated, although you can modify it in the options to adjust it to your trading style or the market you use. If the histogram below is red, the market is in range, if it is green, volatility is higher.

Indicator description.            The “ Alligator Analysis ” ( AA ) indicator allows you to build various (by averaging types and by scales) “ Alligators ” and their combinations, i.e. allows you to analyze the state of the market based on the correlation of this state with a whole range of different " Alligators ".  The classic " Alligator " by Bill Williams is based on moving averages and Fibonacci numbers, which makes it one of the best indicators now. The classic " Alligator "   is based on

Индикатор отображает различными цветами на фоне графика три торговые сессии. Открытие - закрытие Лондон, Нью Йорк, Токио по умолчанию. Применение Для успешной торговли важно знать начало и конец торговых сессий с наибольшей ликвидностью, так как именно в это время цена делает самые большие движения. Особенности Настройки по умолчанию - торговые сессии по Лондону, Нью Йорку, Токио. Возможность выставить свои рамки тоговых сессий Алерт при открытии сессии Показ открытия дня по GMT Настройки для

KT Forex Volume shows the buying and selling volume of a currency pair in the form of a colored histogram. The volume is made of buying and selling transactions in an asset. In FX market: If the buying volume gets bigger than the selling volume, the price of a currency pair would go up. If the selling volume gets bigger than the buying volume, the price of a currency pair would go down. Features Avoid the bad trades by confirming them using the tick volume data. It helps you to stay on the side