Technical Indicators for MetaTrader 4 - 37

Moving Average Convergence Divergence (MACD) Signal  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 standard entry mode for MACD fast EMA period slow EMA period MACD period MACD price method Standard Entry mode: buy when slow EMA cross and close above fast EMA while above the 0 line  sell when fast EMA cross and close above slow EMA while below 0 line You can find the best set

Trendfinder SMA With Zone and Alert are Colored candlesticks showing the trend based on two SMA as Signal and two SMA as a Buy and Sell Zone and the slope of the slow moving average. This indicator will give you the color change on the next bar on the confirmation candle and will provide alert on Buy and sell signal, when it enters the buy and sell zone and when the market test the buy or sell zones as support or resistance and will never repaint . This indicator has the following: 2 SMA for th

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

The Price Volume Trend Oscillator (PVTO) is a powerful technical analysis tool designed to provide insights into the relationship between price movements and trading volumes. This indicator offers a unique perspective on market trends, helping traders identify potential buying and selling opportunities. Parameters: EMA Short Period: Defines the short EMA period for calculating the PVTO. Default 3 EMA Long Period: Specifies the long EMA period for PVTO calculation. Default 10 EMA Signal Period: S

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 _________________________________ Engulf Detector - Simplified Trading Indicator Discover the Engulf Detector, a straightforward tool created in MQL4 for identifying engulfing patterns in the forex market. This indicator is designed to make your trading st

'Circle Rising Point'   is an indicator based on the cycle theory. No matter whether your trading cycle is short or long, you can use this indicator to find the rise and fall points of different cycles and different bands. Therefore, the signals displayed to you on charts of different cycles are different, and applicable to left side transactions. This indicator is recommended to be used together with the multi cycle window for analysis. Indicator   introduction Applicable products This indicato

Divergence Convergence MACD is based on the classical divergence and convergence methods of charting. Divergence is when we get higher highs and lower lows on our uptrend but which are not supported by our indicator which makes lower highs and therefore signals the underlying momentum is failing and so a reversal might occur. Vice versa for downtrend. Convergence is when the higher highs and higher lows of an uptrend are also confirmed by our indicator making lower lows which helps us confirm th

KF Trix V1.00 The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets and is also a momentum indicator. The triple smoothing of moving averages is designed to filter out price movements that are considered insignificant or unimportant. About Software details and MQL login link Copyright 2025, Forex KRAL "Contact support for assistance and Download ALL PRODUCTS FREE TRAIL VERSION"

This is just a simple indicator that show Alert when the Current candle Close Below 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.

The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity

Investment Castle Support and Resistance Indicator has the following features: 1.  Dictates the direction of Buy or Sell trades based on Support and Resistance Levels automatically . 2.  Candles stick colors will change to Red for Sell and Blue for Buy (Default settings, user can change from the inputs). 3. This indicator is built-in the Support & Resistance based Investment Castle EA which works with Psychological Key Levels "Support & Resistance".

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

Please share a comment or rate for improvement  Main Function : The   start   function is called on each new tick. It performs the main logic of the indicator: It initializes arrays to store daily high and low prices. It resizes and initializes these arrays based on the number of days specified by the   DAYS   input parameter. It copies the daily high and low prices into these arrays. It finds the highest high and the lowest low over the specified number of days. It displays these values as com

Indicator Description This is a one-of-a-kind indicator. It predicts future bars using the theory of cyclical behavior of prices and certain market stationarity. This indicator will help you predict 1 or more future bars, thus providing a picture of the possible development of the market situation. It is based on 5 prediction methods. The first method is the Fourier transform, while the other ones are represented by different variations of linear prediction methods. You can select which method w

Price Grid Navigator Indicator The   Price Grid Navigator   is a powerful and intuitive trading tool designed to help traders identify key   support and resistance levels   dynamically. It provides clear visual cues for potential   entry points ,   exit points , and   reversal zones , making it an essential tool for traders of all experience levels. By dynamically calculating and plotting these levels, the indicator provides traders with a clear visual representation of potential  entry points ,

MWC COX indicator shows the extreme zones of net short/long positions for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks. Additional Features - Displays the sum of all 4 periods in one line - MA, MOM and RSI indicators are integrated Please make sure that you download the MWC_Demo.zip file and unpack it into   [...]/MQL4/Files   folder.  ->  www.myweeklycot.com/teaser-demo

Similar to logic used in: Golden MA MTF TT   Overview "Golden MA" indicator for OB/OS levels. It's based on High/Lows of higher timeframe (HTF) previous bar. Only useful in swing trading or scalping. Best for at least M15+. For lower timeframes you'll need to change StartPips to lower value to get consistent lines. Because lower timeframes will have smaller pip distances.   Features - Define Higher Timeframes for Current Timeframe: Use a comma-separated list to define the higher timeframe for th

The indicator calculates the current spread for each tick using the formula Spread=(ASK-BID)/Point. Schedule of changes in the boundaries spread over the timeframe displayed in a separate window from the date of accession of the indicator. Two lines corresponding to the minimum and maximum spread values are displayed. The indicator window is self-adjusted according to the minimum and maximum values from the moment of launch. The minimum and maximum values for the entire period of the indicator o

Hello trader,  I'm a fan of Price Action and i coded my indicator named Price Action Candle. May be future it is a paid version that can be get alert by mobile phone or telegram. This indicator can show you three type candles as: PinBar, Inside Bar and Fakey. You can setup more option for other candle: Engulfing Feel free to contact me in a private message or via telegram @spotXXX Thanks and happy trading!

The Cossover MA Histogram indicator is a simple tool showing the trend based on crossover of moving averages. Simply specify two mobving averages and addicional parameters like MA method and Applied price. When fast MA is above slow MA the histogram is green, indicating an uptrend. When MA fast is below MA slow the histogram is red, indicating an downtrend.

LotSize Indicator Discover the appropriate lot size to use in your trades based on the available margin. This indicator provides valuable information for risk management. If the indicator shows a value of 0, it means that your balance or available margin is insufficient for trading. It is important to maintain adequate margin levels for safe trading practices. This indicator is exclusively designed for the MT4 platform, a popular and reliable trading platform in the market. With the LotSize Indi

The Ergodic is an oscillator based on William Blau's True Strength Index, which is based on Momentum to which double smoothing has been applied. 100* EMA(EMA(Momentum) / EMA(EMA( |Momentum|)) The Ergodic adds a moving average to the TSI which will act as a Signal Line.  This oscillator can be used to identify trend reversal zones, or trend continuation phases. VERY USEFUL WHEN USED IN CONJUNCTION WITH THE CURRENCY INDEX. L' Ergodic è un oscillatore basato sul True Strenght Index di William Bla

RaysFX StepMA+Stoch  Caratteristiche Principali Adattabilità: Il nostro indicatore RaysFX StepMA+Stoch è progettato per adattarsi alle mutevoli condizioni di mercato. Utilizza l’Average True Range (ATR) per misurare la volatilità del mercato e regolare di conseguenza le sue strategie di trading. Precisione: L’indicatore genera segnali di trading quando la linea minima incrocia la linea media. Questi segnali sono rappresentati come frecce sul grafico, fornendo punti di ingresso e di uscita chiari

This indicator is based on the original “ Time Segmented Volume (TSV) ” developed by Worden Brothers, Inc . However, I added an extra few features to this one. One can choose the price to be applied, instead of only having the default close price used by the original. One can also choose which volume weighting to use, including a pseudo-volume based on true range, or no volume weighting at all.

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

To the first 5 buyers for --> $45.99; The Cat Trend VZ is a constantly improving indicator with accurate and profitable entry signals. The Cat Trend VZ indicator line changes color depending on the trend direction, and the indicator draws arrows at the price reversal points. In addition, The Cat Trend VZ indicator implements a sound and text alert about the appearance of an arrow. IMPORTANT: THE INDICATOR DOES NOT REDRAW. Main features of The Cat Trend VZ: Analytical functions It can b

WaSpread MT4 Indicator shows the current spread in pips with color. * Set the Spread Threshold and the color to identify when the current spread is below or above the Spread Threshold. * Set X axis and Y axis and chose the Corner and the Anchor to position the Spread Label on the chart. * Write the font and the font size for more confort. * Activate alert if the current spread is above the spread threshold. * For more precision, the user can choose to show the decimal numbers. * The user

Donchian channels are a tool in technical analysis used to determine the relative volatility of a market and the potential for price breakouts. Can help identify potential breakouts and reversals in price, which are the moments when traders are called on to make strategic decisions. These strategies can help you capitalize on price trends while having pre-defined entry and exit points to secure gains or limit losses. Using the Donchian channel can thus be part of a disciplined approach to managi

this indicator Construction on  Gann angles and it,s very effective .you can use it as (Support and resistance) it,s very successful and easy to use.if candle Cross through level thats mean price is going ti next level but with on condition. The price cames from a previous level There is a variable of  angles for frames the best is 1h frame and stander variable.........

IceFX Heatmap is a special indicator that shows the places where the price has been staying and ranging over the past few days. These sites will be displayed in a "Heatmap style", with which you can clearly see the main formed bands. The main rates (where the price has "lingered/stayed" much) are indicated in bright colors (in case of black-and-white view) or red color (in case of color view). Settings Days - the number of days the heat(map) is calculated for. Resolution - resolution rate. 10 =

This indicator displays the historical spread values on the chart. This is an extremely useful tool for watching the spread rise and fall, allowing you to enter the market at just the right time. This indicator will help you stay out of the market when the spread begins to rise and help you get into the market as the spread begins to fall again. ON SALE FOR FREE, GET IT FREE FOR A LIMITED TIME ONLY

Concept: This indicator will help you find Spike Bar. 1/ Check Yesterday Range (Open-Close )  2/ Check Today pips:   Price from Daily Open to current price (Bid/Ask) Then alert for you  when the pips range of current candle is equal to or greater than the user defined minimum range. This indicator is related to Strategy: Daily Range Spike and Pull Back, you can find it on FFX forum

A simple information indicator showing the time left before the opening of the next candlestick or bar. About the concept of a timeframe A timeframe is the time interval considered in the technical analysis of free financial markets (the same applies to the global currency market), during which the price and other market data change. The smallest timeframe is the so-called tick. A timeframe is the time interval used to group quotes when drawing elements of a price chart (bars, Japanese candlest

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 _________________________________ Volume Moving Average (Volume MA) Indicator for Advanced Forex Market Analysis Introducing the Volume Moving Average (Volume MA) Indicator, meticulously developed in MQL4, a pivotal tool for enhancing your forex trading strat

Arrow indicator without redrawing and delay The indicator shows the best trend entry points on the chart. It is better to use it in conjunction with other trend indicators as a filter. The indicator shows good results on lower timeframes. The signal is generated inside the candle and appears as blue and red arrows. Displays signals at the zero bar Settings Step : Calculation of bars in history Bar : Shows bars in history Delta : Offset of the signal from the candle

The Symbol Changer Indicator for MT4 is an amazing tool to switch and display any desired currency pair chart and any time frame. Forex traders can display the desired charts with the click of a mouse directly from any open chart. The symbol changer indicator for Metatrader is an essential tool for trend traders working with a top-down approach. The symbol changer indicator shows all the available trading instruments in the market watch window. It also displays all the currency pairs as buttons

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.

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

Trend is Friends is an line Indicator used as an assistant tool for your trading strategy. The indicator analyzes the standard deviation of bar close for a given period and generates a buy or sell trend if the deviation increases. It good to combo with Martingale EA to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic. You can use this  Indicator with any EAs in my Products.

Pivot SR Indicator   - Powerful Technical Analysis Tool Pivot SR   is a professional indicator designed to identify key support and resistance levels in the market with high precision. This indicator offers:   Key Features   : - 5 Pivot Point Calculation Methods (Classic, Camarilla, Demark, Fibonacci, Woodie) - Automatic calculation of support and resistance levels - Clean and easy-to-read visuals - Full customization of colors, styles, and appearance ️   Flexible Settings   : - Choi

Fractal is one of the main indicators in a number of strategies. Volume Fractals has expanded the functionality of the standard indicator version. The product features fractals sorting and displaying fractals representing both price and volume extreme points. Application Stop losses Reversal signals Placing pending orders for a fractal breakout Options Bars of history - number of chart bars the indicator is displayed for Left side minimum bars - minimum number of bars to the left of the fracta

RaysFX Trade Info  Ciao a tutti, sono entusiasta di presentarvi il nostro ultimo indicatore,   RaysFX Trade Info . Questo strumento è stato progettato per fornire informazioni dettagliate sulle vostre operazioni di trading direttamente sul vostro grafico MT4. Caratteristiche principali Informazioni in tempo reale : RaysFX Trade Info fornisce informazioni in tempo reale sulle vostre operazioni aperte e chiuse. Potete vedere il profitto in punti, in valuta e in percentuale. Personalizzabile : L’in

Dear Trader, this is one of the most powerful signals you will find in the market place. I worked many months to improve the accuracy. Check for yourself with the demo version. Parameters are set for EURUSD. I can assist you to configure it for any other symbol or TF. It can be configured to generate more of less in-trend or contra-trend signals. Extreme Swing Indicator is a no-nonsense, no delay, no repaint indicator ! It selects buy/sell entry signals based on a number of swing calculations a

Multi-Time Frame MACD Bars indicator for MetaTrader 4 The Multi-Time Frame MACD Bars indicator for MetaTrader 4 (MT4) is an advanced trading tool built on the foundation of the MACD indicator. It enables users to interpret market momentum by presenting MACD data across several timeframes in a multi-colored histogram. By leveraging its visual color cues, traders can gain clearer insights into market direction and potential turning points, helping refine trade entries and exits. The flexibility to

This indicator is the translated version of Kıvanç ÖZBİLGİÇ's PMAX Indicator, developed on the Matriks Data Terminal, into the MQL4 language. It is a trend-following indicator and quite successful. Its usage will be free and unlimited for a lifetime. You can click on my profile to access the MQL5 version of this indicator. You can also get your programming requests for MQL4 and MQL5 languages done at İpek Bilgisayar with an invoiced service. You can reach İpek Bilgisayar at www.ipekbilgisayar.or

The " Comfort Zone Signal " indicator identifies a daily zone that, when broken, has a high probability of the market continuing the established trend . Upon signal, the indicator calculates stop loss and take profit, which can be set by you. You can also set the trend. If the price is above the MA, it looks only for long positions, if below, it looks only for short positions. You can choose to ignore the moving average and display all signals. Additionally, you have the risk percentage displ

I present to you the Profi Arrows indicator. The indicator is based on non-standard Moving Average indicators. It represents the input signals in the form of arrows. All signals are generated on the current bar. It is maximally simplified to use both for trading with only one indicator and for using the indicator as part of your trading systems. There are 2 operating modes in the indicator. Option with redrawing the signal, and without. In the mode without redrawing, the option of redrawing the

Th3Eng Panda trend  is a powerful indicator that works perfectly for scalping trades as well as swing trades.   Th3Eng Panda trend  is not just an indicator, but a very good trend filter. You can setup it on H4/H1 to Find the main trend and start scalping on M5/m15/m30 Time Frames. Works with all pairs and all Time Frames. Inputs: Section #1 History : Maximum number or bars to draw the last signals. (Default 5000) Draw Candles : Draw red candle when sell signal and green when buy signal. (true

SMC Analyzer Single-Timeframe (STF) for MT4 The   SMC Analyzer STF  MT4  is a powerful, single-timeframe Smart Money Concepts (SMC) analysis tool designed for precision trade confirmations based on core SMC components. It evaluates market structure across four levels of confirmation using elements such as   Break of Structure (BOS), Change of Character (CHoCH), Order Blocks (OB), Fair Value Gaps (FVGs), Liquidity Zones , and   Higher Timeframe Trend Bias . Each level has configurable elements (

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

The R Stoploss Signals indicator is based on a trend following exponential moving average. This forex indicator generates buy and sell trading signals in the form of blue and red lines drawn on the activity chart. Blue colored lines indicate the trend is upwards and this is a signal to buy the currency pair. Red colored lines indicate the trend is downwards and this is a signal to sell the currency pair. A suggested stop-loss line is also included with this forex indicator. For buy signals, put

The Magic SMA indicator is of great help in determining trend direction. It can be an excellent addition to your existing strategy or the basis of a new one. We humans can make better decisions when we see better visually. So we designed it to show a different color for rising and falling trends. Everyone can customize this in the way that suits them best. By setting the Trend Period, we can optimize it for longer or shorter trends for our strategy. It is great for all time frames. IF YOU NEED

This indicator collects and organizes spread data. It is an organic add-on to my news robot, ExpertNews , which can be downloaded here . You can also watch a video about news trading using the ExpertNews robot. It is available on youtube . Unfortunately, it is not possible to place the robot in the mql5.com store, because the automatic validation of ExpertNews by the mql5 service ends in failure. In reality, there are no errors in the robot. Testing fails due to the fact that the advisor is

a novel indicator by the maker of velvet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

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

Perfect Trendline Indicator for MT4 The Perfect Trendline Indicator uses two moving averages (MA) with periods of 3 and 7 to display the trend's direction. When the red line (fast moving average) is positioned above the green line (slow moving average) , the trend is considered bullish , with candles marked with green histograms . Conversely, a bearish trend is indicated when the red line is below the green line, and red histograms appear . «Indicator Installation & User Guide» MT4 Indicator I

STH & ITH & LTH ICT Indicator for MT4 Free Download The STH & ITH & LTH indicator is specifically designed based on the ICT (Inner Circle Trader) methodology. This advanced liquidity tool for MetaTrader 4 employs market structure principles, marking key price levels such as short-term highs (STH), intermediate-term highs (ITH), and long-term highs (LTH). «Indicator Installation & User Guide» MT4 Indicator Installation  | STH & ITH & LTH ICT Indicator MT5   | ALL Products By   TradingFinderLab  

Breakout Zones indicator in MetaTrader 4 The  Breakout Zones indicator  is a useful tool for identifying the breakout of a specific range.  Based on the defined timeframe, this indicator determines the highest and lowest prices as  resistance  and  support levels and extends them until the end of the day. When the support or resistance lines are broken in a specific direction, the market is expected to continue in that direction. «Indicator Installation & User Guide» MT4 Indicator Installation

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

An EA version is being prepared. You can send a private message "notify about EA version". EA will be versatile with many settings for trading on various indicators. The new EA will also allow trading on this indicator. For example, allowing signals after X signals/bars to X signals/bars in one direction, before changing direction. If Break Out happened before/after the signal of another indicator. Collect profit on each next signal above/below the previous one. Send a private message "notify

指标功能：完成十字光标跟随，多个窗口鼠标位置的同步显示。 功能 开启 ：点击"H"标签，标签变成"S"，开启十字光标，通过鼠标点击，完成第二个以上窗口的位置同步。                   可以大周期同步小周期 (注意：在大周期同步小周期时，要注意小周期中的数据是否足够多） ，                    也可以小周期同步大周期。 功能关闭：点击 "S"标签，会变成"H"。或者通过键盘的"ESC"键，关闭。 指标可以多个窗口加载，也可以单窗口加载。 参数设置： LabWindow:标签显示的窗口 LabConer :标签显示的角落位置 LabX  :标签位置横坐标 LabY :标签位置竖坐标 LabShowBackup :标签背景显示于背景 LabFontName :标签的字体名称 LabFontSize  :标签的字体大小

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator WMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notification

Questo indicatore per MT4 traccia automaticamente i punti di pivot giornalieri sul grafico, fornendo livelli chiave di supporto e resistenza basati sui prezzi di apertura, chiusura, massimo e minimo del giorno precedente. I punti pivot aiutano i trader a identificare potenziali aree di inversione e zone di prezzo critiche, migliorando la precisione nelle decisioni operative quotidiane."

This creative simple indicator will provide a precise framework for market sentiment within technical analysis of different timeframes. For instance, for traders like me that uses   "Mark Fisher"   strategy regularly, this is a perfect indicator for having an insight to markets from short term to long term point of view, using Break points of candles' lows and highs and perfect to combine with   "Price Action" . For more options and modifications you can also edit the low timeframe candles withi

I created this simple indicator while I was learning about Rob Smith's TheStrat and find it so helpful, I thought I would share it with you. If you find it useful, please look at the other indicators I have published on MQL5. The indicator simply draws a single line on the chart showing the price level you select from a higher timeframe. Using the settings you have full control over the timeframe it displays but b y default, it calculates the higher timeframe itself, just moving up the scale by

EMA Separation Coefficient reflects the separation between short-term and long-term exponential moving average trend resistance, as well as the direction of the current movement. Pay attention to potential crossover points when the coefficient approaches zero, this may indicate an upcoming breakout or reversal. Wait for confirmation of the trend before entering the trade, and exit when the coefficient forms a max (for calls) or a min (for puts). This is a small tool to help visualize the differe

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

Monitors the current trend, gives signals for an uptrend, downtrend and weakening of the current trend. Colors the situation on the market with the appropriate color. Tool - any. Timeframe - any. Advantages The indicator does not repaint its signals. There are alert signals. Easy to use. Flexible settings. Suitable for trading any financial instruments. Settings Name Description Fast parameter The value of the fast parameter in the indicator (Should be less than the slow one). Slow parameter The

Description I think, almost all traders dream about non-lagging MA. I have realized that dream in my indicator. It allows forecasting future MA values! The indicator can be used in four different ways: The first one - forecast for the desired amount of bars. Thus, you are able to evaluate future price behavior. The second one - generating non-lagging "averages". That can be implemented by moving MA back by the half of the averaging period and setting the forecast the necessary amount of bars ahe

1. Monthly, weekly and daily pivots are calculated with the beginning and ending data for each period. 2. This provides an easy line on the chart to identify where the pivots are and reduces error of calculation. 3. The indicator will help define very quickly the major pivots for the instrument even if you do not understand how to calculate the pivot. 4. You can also compare weekly and daily pivots so that you can better understand the position of price. 5 This indicator will help you trade more