Technical Indicators for MetaTrader 4 - 39

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

Nombre del Indicador: Two Lines Color II Descripción: El indicador "Two Lines Color II", desarrollado por 13 Crow Trading Club, es una versión más rápida de su predecesor, el "Two Lines Color 1". Este indicador ha sido diseñado para brindar señales aún más tempranas sobre posibles cambios de tendencia en el mercado financiero. Características Principales: Mayor Velocidad de Señales: Two Lines Color II ofrece señales más rápidas en comparación con su versión anterior. La rápida velocidad de las s

BreakEven PRO line – Instantly visualize your breakeven point Have you ever wondered exactly where your open trades would reach breakeven — no profit, no loss? BreakEven PRO line is a visual indicator created for traders managing multiple positions. It automatically displays a horizontal line at the average breakeven price for your open BUY and SELL orders, clearly labeled with the live value on your chart. Perfect for hedging strategies , risk management , or simply maintaining precise control

A scrolling Market Ticker that displays price changes from all symbols in the Market Watch list. Provides an easy snapshot of symbol prices, and keeps scrolling automatically while you trade and analyse the chart. Options include: - MTF, eg choose to show price changes of the daily chart, or the hourly - use the live candle or the recently completed - font and background coloring

Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** Please consider checking

This is Demo Version of PipsFactoryMonthly This indicator depends on High and Low price of Currency in last Month and then i made some secret equations to draw 10 lines. Features You will know what exactly price you should enter the market. You will know when to be out of market. You will know you what should you do in market: Buy Sell Take profit and there are 3 levels to take your profit Support Resistance Risk to buy Risk to Sell Signal Types and Timeframe Used You can use this indicator ju

The Commitments of Traders Ratio Indicator is one of these things you never thought about it before you really see the magic behind it. The indicator shows the Ratio of long/short positions released by the CFTC once a week. If you have a look on the Sreenshot you can see two (three) zones of interest. Zone 1: The Switches (Red -> Green, Green -> Red) Zone 2: MA cross Zone 3: If you combine this with the COX indicator an additional zone will appear. You also can experiment with Ratio crossing MA

Product Title Smart Accumulation (MT4) – part of the SmartView series Short Description A Accumulation indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique an

The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips. You can also display levels in multiples of 25 pips . When the price reaches the level, an alert or push notification is displayed. MT5 version  https://www.mql5.com/en/market/product/69740 Settings Show Levels 100 pips - show levels that are multiples of 100 pips Show Levels 50 pips - show levels that are

The FxSProMT indicator shows the current market trend and trend change. Indicator Parameters Ind_Period - the number of previous bars used to calculate actual values. Number_Bars - the number of bars to display the indicator.. Too many bars may significantly slow down the operation of the trading terminal. Signal_Sound - sound alert to notify of trend change. The sound can be played multiple times until the signal is confirmed (the bar closes). Default is disabled. Signal_Alert - an alert to no

Accumulation/Distribution (AD) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is AD? The Accumulation/Distribution (AD) indicator, developed by Marc Chaikin, is a volume-based indicator designed to measure the cumulative flow of money into and out of a security. It relates changes in price a

PRO VERSION This free indicator change timeframe of charts(up to 3) at the same time,by clicking a label. If you click the label(shown below),timeframe of charts will change. If you click again,timeframe of charts restore. You can change the position of the label. You can change charts up to 3 charts(a paid version enables up to15 charts). You can add second,third timeframe changer label. This indicator is very useful for speed trading. There is a more powerful PRO VERSION . The paid versio

Non-proprietary study of Joe Dinapoli used for overbought/oversold evaluation.   Uses of Detrended Oscillator indicator Profit taking. Filter for market entry technics. Stop placement. Part of volatility breakout pattern. Determining major trend changes. Part of Dinapoli Stretch pattern.   Inputs lnpPeriod: Perid of moving average Method: Calculation method                           ********************************************************************************* If you want to know market Overb

Trend indicator Trend Esay MTF is an indicator that draws arrows directly on the price chart. Like every trend indicator, it works well with good price movement and worse in a flat. A feature of this indicator is the ability to send alerts both in the terminal and on a smartphone. The indicator menu contains the number of bars in the history of the indicator and period value for determining the trend. The "trend" function has been added to the indicator menu, which filters the indicator signals

This indicator is based on Bulls and Bears oscillators, both exposed on Dr. Alexander Elder's book: "Come into my trading room". "Elder Ray" was made with the purpose of identify bulls and bears pressure in the markets. The indicator is basically the union of this two mentioned oscillators but on an efficient way to facilite getting price patterns, divergences, etc. Default parameter is EMA 13. 

The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

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

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

Moving Average is one of the indicators that is widely used in technical analysis which can help to smooth price movements by eliminating some price fluctuations that are less relevant based on past price calculations, so that an average line of price movements is formed within a certain time period. Simple Moving Average Over Flow is an indicator writen by MQL$ language that is given a special additional moving average line based on certain calculations so as to make this moving average better

This is a tool to measure the velocity of the price. It's completely free, you can download and use.  "Way: distance of price after one tick."   "Speed: price velocity after one tick."  p/s: The time for the price to jump 1 tick will not be fixed, you should know this. If Way > 0, the indicator will change color to Green If Way < 0, the indicator will change color to Red || I am a 3D artist and I love math and programming! ||

"Drivers Road Bands" indicator that is designed to be used in the 1H, 4H and 1D timeframes in the most ideal way. If we compare timeframes to roads and streets; main streets and highways with high traffic volume are similar to high-time timeframes in technical analysis. If you can interpret the curvilinear and linear lines drawn by this indicator on the graphic screen with your geometric perspective and develop your own buy and sell strategies; you may have the key to being a successful trader.

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

The EA in the form of histogram displays up and down trends. This tool is recommended to be used as a filter. Its readings will help to detect beginning, end, and continuation of a trend. This additional tool will suit any trading system. Parameters Period — indicator period; Bars — number of bars on the history.

GTAS Power is a momentum indicator that helps to determine deep trends using combination of moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator is represented as a green or red histogram around a 0 equilibrium line. How to use When GTAS Power is green, deep trend is bullish. When it is red, deep trend is bearish. This indicator can be use as a filter in addition to other GTAS indica

The Swaps Indicator allows to monitor the swap rates of desired instruments in one place. There are several ways to choose the instruments list for the indicator: Select instruments from Market Watch Select all instruments Select instruments from the manually adjusted list All the setings color settings are adjustable in the indicator: you can set color for headers, for symbol names, for positive and negative swaps. There is also an ability to adjust the distance between the rows, columns and st

Simple indicator that shows external ( outside ) bars. In certain cases, external bars can be seen as strong trend bars instead of range bars. This can be observed when a with-trend external bar occurs at a reversal from a strong trend. It will help you notice more easily different patterns like - Inside-outside-inside, Inside- Inside -inside, outside - Inside -outside, etc. Works perfectly with my other free indicators Internal bar and Shadows Inputs: How many history bars to calculate on loa

The indicator calculates the average price velocity over the specified time period. It is known that the trading time flows unevenly, in bursts. It either goes faster, or slows down. This indicator will tell if the trading time has accelerated and it is necessary to go to the smaller timeframes to search for trade signals. Usage Alert is generated when the price velocity exceeds the specified threshold. The threshold value can be modified using the buttons on the information panel. A .wav file

*This is tradingview indicator converted to mql4* The CM Slingshot System Indicator is a trading tool that aims to identify potential trade setups based on market volatility and price action. It is designed to help traders spot entry and exit points in trending markets. The CM Slingshot System Indicator combines multiple indicators and techniques to generate trading signals. Here are the key features and components of the indicator: Bollinger Bands: The indicator incorporates Bollinger Bands, w

Индикатор Candle Body Histogram отображается в отдельном окне и показывает размер тела каждой свечи в виде гистограммы. В зависимости от того растёт свеча на графике или снижается, гистограмма меняет свой цвет. Свечи "доджи", у которых совпадают цены открытия и закрытия, так же отображаются на гистограмме отдельным цветом.  Поскольку индикатор строится от нулевого значения, он позволяет визуально сравнить тела свечей относительно друг друга. На гистограмме можно разместить уровни, чтобы отслежив

Индикатор сглаженного Stochastic Oscillator (xStoh) Входные параметры: xK Period - K период xD Period - D период xSlowing - замедление xMethod - метод усреднения (0-SMA | 1-EMA | 2-SMMA | 3 - LWMA) xPrice field - тип цены (0 - Low/High | 1 - Close/Close) Принцип работы Индикатор перерассчитывает стандартный технический индикатор Stochastic Oscillator (дважды усредняет получаемые значения iStochastic).

Introducing the Super Pivot and Fibo Indicator: Your Ultimate Trading Companion Are you ready to take your trading to the next level? The Super Pivot and Fibo Indicator is here to revolutionize your trading strategy. This powerful tool combines key elements such as pivot points, Fibonacci retracement and extension levels, high-low values, and Camarilla points to provide you with a comprehensive and accurate analysis of the market. Key Features: Pivot Points: Our indicator calculates daily, weekl

Daily Percentage and Current Candle Would you like to know how much an asset has risen or fallen in a day or in the last candle? Do you want a numerical reference for the strength and direction of price movement? Then, the Daily Percentage and Current Candle indicator is the tool you need. The Daily Percentage and Current Candle indicator shows you the percentage increase or decrease of an asset in the current day or in the last candle, depending on the timeframe you choose. The indicator allows

TREND MATE is an useful indicator that will support your decision to trade according to the current trend. It is possible to configure alert and push notification to receive when entering to first candle for bull / bear trend. If you want to use this indicator for a EA, use the function iCustom as follows: DOWNTREND : iCustom(NULL,0,"Trend_Mate",0,0) . If downtrend result is "1", otherwise is "0". UPTREND : iCustom(NULL,0,"Trend_Mate",1,0) . If uptrend result is "1", otherwise is "0". For an

This indicator implements the logic behind Traders Dynamic Index to the classic MACD Indicator. It helps to find powerful trende changes and ignore meaningless ones. It is simply the classic MACD indicator plotted with volatility bands on top designed with the sole purpose of being able to ignore trend changes that do not follow an over-extension or over-contraction of the market. The indicator alerts on trend changes after the volatility bands have been breached and implements alerts of all ki

P R I C E   F O R C E   A N A L Y Z E R    This is a complex indicator that calculates the force of the price direction.           V E R Y  I M P O R T A N T     This is not a stand alone indicator. Use it together with your own strategy. This indicator only confirms your possible position. You can run it in any charts and timeframes but H1 is recommended. Make sure that the pair is volatile at the time of trading. If you don't have a solid volatility-based strategy yet, y

Based on a combination of indicators, PS Acid Fulx is an excellent indicator for knowing when to buy or sell on any asset and temporaryity. The indicator myself I have used it as a tool for my analysis when trading Forex. It is a useful and easy-to-understand trend indicator.  If you combine it with your own analyses you will surely get a good result in your operation.

Pivot Mean Oscillator (PMO) is a unbounded zero-centered oscillator that provides a quick and normalized measure of divergence between two spreads. Detailed description of the mathematical formulation along with some comments and experiments can be found in this article .  Trading aspects This version of PMO is tuned on spreads relative to Close and Open price signals against their cumulative moving average (CMA). Positive PMO(m,n) values means that last (normalized) m Close prices are higher t

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.   Inputs lnpPeriod: Period of moving average. lnpSmoothK: %K period. lnpSmoothD: %D period.                                       *****************************************************************************

The indicator marks the points on the chart where the standard ZigZag indicator has drawn its top or bottom. With this indicator, you can easily understand where the top or bottom was formed, and where it was redrawn. The indicator gives an alert when a new point appears. Warning! Parameter  Applied Price   -   expands the possibilities of building the indicator.   It is possible to build at OPEN, CLOSE and standard HIGH/LOW prices. Input parameters ----------- Depth   - period of the ZigZag ind

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

Product Title Smart Williams' %R (MT4) – part of the SmartView series Short Description A Williams' %R indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique an

TrendPeakValley Scanner v1 – Advanced Reversal Detection Tool TrendPeakValley Scanner v1 is a powerful custom indicator designed to detect price peaks and valleys based on price action analysis. It visually highlights local tops and bottoms, making it ideal for traders who rely on market structure, support/resistance zones, and reversal patterns. --- Key Features: Peak & Valley Detection: Scans historical price action and identifies swing highs/lows based on customizable sensitivi

This product receives information from indicators/signal tools and displays arrows or notifications when specific conditions are met. For example, arrows and notifications are shown when MA25 and MA50 cross, when SAR reverses, when MACD changes its plus/minus, or when the closing price crosses the Bollinger Bands. Please refer to the sample settings image for specific configurations. For detailed manuals and configuration files: https://www.mql5.com/en/blogs/post/755082 A free version is als

Summorai this indicator will Sum up to 5 moving average of different symbols and place them conveniently on your chart How to use? just drop the indicator on a chart and fill in the symbol names exactly as they appear on your market watch by doing so your can have a grip on the global trend at all time example of use you trade DAX40 on your indicator chart its good to have Nasdaq100 and s&p500 and dow30 making sure trend confirmation example 2 you trade XRP but wants to have BTC and ETH not

Hello! I'm Tatsuron, a Japanese individual investor. I was operating over 1 billion yen in Forex. So, let me introduce a very useful indicator that I use. Environmental confirmation type indicator. We have narrowed down the pivots that the world market is aware of to two, daily and monthly. Daily is a guide for daily trading, and monthly is a material for breaks or reversals in fast break markets. It is useful as a basis for accumulating evidence, such as when it overlaps with the trend lin

The R Var Moving Average Indicator is a trend following indicator designed for die-hard trend followers. It is a quite popular forex trading indicator among stock traders, as well as commodity traders, and its popularity stems from its ability to deliver genuine money making signals to its users. The indicator is comprised of green and red dots that are placed on a sienna line. The green dot is pointing to a bullish signal, while the red dot depicts a bearish signal. Basic Trading Signals Buy S

Enhance your trading and add more excitement with the new version of the RSI Scanner!  Automatic Instrument Grouping: The scanner automatically collects all instruments from your Market Watch and organizes them into four categories: Majors, Minors, Exotics, and Others. Customizable Signal Selection: On the settings page, you can choose which instruments you want to scan for signals. Flexible Timeframe Selection: You can also specify the timeframes you wish to monitor for signals. RSI Parameter

The R Show Ticks indicator for Metatrader 4 shows the up/down ticks in real-time on the main trading window. Key Takeaways A white arrow is an uptick . A red arrow is a downtick . The indicator works for any currency pair and time frame of your preference. Indicator Specifications Trading Platform: Developed for Metatrader 4 (MT4) Currency pairs: Works for any pair Time frames: Works for any time frame Input Parameters: Input symbol, style, color. Indicator type: Data How to edit the indicator

## Daily SR Navigator: Your Daily Trading Map Navigate the market with precision using the power of the Daily Open Price! Are you tired of manually drawing Support & Resistance (SR) lines every day, only to find them inaccurate? Daily SR Navigator is the smart solution to automate your technical analysis, providing key levels that are relevant and respected by the market, especially for XAUUSD (Gold) . This indicator was born from a unique discovery: a special mathematical formula for projecting

Become a constantly profitable 5-star forex trader!  We offer a few indicators to support you understand and analyse the market! With our strategies you will improve your trading system and bacome an expert... We have indicators for trend direction, market direction and others.. for multi-time frames and that covers all majors or your favorite trading symbols! Some of them offer a customizable calculation parameters... or Graph features! See how powerful they are! The are also easy-to-use tr

The indicator reads the current spread and displays it on the chart. The maximum value, the minimum value, the value at the time of opening the bar and the maximum value divided by 10 are displayed separately.  The indicator does not remember these values so the data will be lost if there is a change in the timeframe. The indicator is useful for analyzing market volatility, comparing the spread between brokers and different types of accounts. By default: Red line - maximum spread; Green bar -

The indicator is based on identifying engulfing candlestick patterns within the current timeframe. When such patterns are found, it generates buy and sell signals represented by up and down arrows, respectively. However, the user is responsible for determining the prevailing trend. Once the trend is identified, they should trade in line with the corresponding signal that aligns with the trend direction.

Two Lines MACD Many people who conduct technical transactions on MT4 like to use MACD to judge the turning or continuation of the market. When everyone uses the MACD indicator that comes with MT4, they find that the indicator is a single-line MACD, and the histogram seems to be similar to the past. The MACD that I understand does not match. In order to provide traders with a perfect trading experience, we especially provides free two-line MACD indicators for all traders! The single line in the

SmartStochasticMt4 is a universal indicator for making trading decisions. An indispensable tool for novice traders, as it has no settings and is ready to work after installation. Advantages of the indicator: 1. Works with any trading symbol 2. Works on any time period 3. Has no configurable parameters 4. Provides a complete picture of the trading situation from different time periods 5. Not late Working with the indicator 1. To set the indicator 2. To exclude from the time of the release of im

Moving indicator. It is written so that it doesn't signal when two moving averages cross. Easy to operate.  It performed well on European and Asian currencies. Designed for long-term and medium-term types of trading.  Индикатор мувингов. Написан так что даёт сигнал при пересечении двух скользящих. Прост в управлении.   Хорошо себя показал на европейских и азиатских валютах.  Рассчитан  на долгосрочный тип торговли. 

LyfUD指标专门 为黄金设计的趋势指标 ，也可以用于任何金融工具。用于及时反映多空力量，由U线和D线组成， 波动以0为中轴偏离运行, U线为快线D线为慢线。 LyfUD指标可以和 绝大多数策略结合使用 ，能够更加有效的把握风控。 U线和D线采用价格行为市场追踪算法，能及时反映市场方向， 可用在任意货币。 特性： 1. U线、D线在0轴上方，买入信号参考。 2. U线、D线 在0轴下方 ，卖出信号参考。 3. U线、D  线极限背离转向，行情可能出现反转。 4.  滞后性低，能及时反映趋势。 致力于结合其他指标，LyfUD和  均线、Pinbar  等搭配使用能迅速找到一些合理的关键位。 LyfUD只作为参考依据，其风险与作者无关。未经作者同意，禁止他售。

Velvet RSI is intended for use with the Velvet advanced ordering layer.  It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de

Spin is an intrinsic form of angular momentum carried by elementary particles, composite particles (hadrons), and atomic nuclei. Spin is one of two types of angular momentum in quantum mechanics, the other being orbital angular momentum. The orbital angular momentum operator is the quantum-mechanical counterpart to the classical angular momentum of orbital revolution and appears when there is periodic structure to its wavefunction as the angle varies.For photons, spin is the quantum-mechanical

The Hurricane Cave Indicator shows different trade areas based on price action. It looks in the past and works out patterns that can enforce support and resistance as targets. When price breaks out of a trade area you can target just inside the next trade area. If you can't see the target just go to a slower time frame, it means the price hasn't been there for a long time. The Hurricane Cave Indicator is designed to be an add on to The Hurricane Forex Indicator also available in the Meta Trader

This is the countdown of the last candle Indicator. How much time remains in the current candle of your chart CTime display exactly how many hours, minutes and seconds remain before the current candle closes, and a new one opens. This allows you to be on the ball as soon as the next candle appears It could be useful for a trader who trades with candles as the main attention Available option to change the text color to suit the chart background. This Indicator is related to the system here .

Indicator for the 4th strategy of the Pipsurfer EA. This indicator will allow the user to visually see the points of entry for strategy 4 of Pipsurfer. In the settings you will be able to adjust the parameters to mix and match to your trading style and find the settings that you want to either trade manually or tune the EA to do. Strategy 4 uses a market structure trend continuation approach to trading and looks for confirmed highs in downtrends and confirmed lows in uptrends to find great trend

This is simple indicator for displaying Multi Moving Average line in chart, with one single Indicator. Just place the indicator in your chart, select how many MAs you want to display.  And you are ready to go. Parameters can be changed on the fly by the control panel provided by the Indicator. This indicator are still in development, if you have any further feature request, please let me know in the comment.

Displays current spread in the main window of the chart. Indicator Setting: BigDisplay =true or false to switch on and off. DisplaySize = 20 is default DisplayColor = Blue Display_y = 550 position: staring position Y of background panel Display_x = 1200 position: staring position X of background panel Author: Happy Forex (Expert Advisor - your algorithm-driven profit, without stress or work)

Vertical Lines for Hour - Time-Based Trading Indicator The Vertical Lines for Hour indicator allows you to mark up to 4 vertical lines at specific times on your chart. Simply enter the hour without considering the minutes, and you can also choose the color for each line. This indicator is useful for identifying session ranges or implementing custom trading strategies. It provides a straightforward solution for your trading needs. Key Features: Mark up to 4 vertical lines at specified times. Sele

The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa

Description The base of this indicator is an ZigZag algorithm based on ATR and Fibo retracement. This indicator is not redrawing in sense that the ZigZag's last shoulder is formed right after the appropriate conditions occur on the market. The shoulder doesn't change its direction afterwards (can only continue). Note:  An indicator with advanced possibilities is also available. Indicator input parameters The input parameters allow to change the sensitivity of the ZigZag. ATR period ATR multip

The Starting Points indicator for MetaTrader 4 is a technical analysis tool that shows the monthly, weekly, and daily starting points, as well as the 1000-point and 500-point levels, in the forex market. The indicator is displayed as a series of horizontal lines that represent the starting points and levels. Benefits of Using the Starting Points Indicator Identify potential trend changes:   The Starting Points indicator can help traders identify potential trend changes by highlighting areas wher

Unlike classic indicators that analyze a specific currency pair, this tool analyzes and compares the individual strength of each base currency against all other major currencies in the market. How the algorithm works: The indicator calculates the strength of 8 major currencies (USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY) by analyzing 28 currency pairs. Instead of using a standard price delta, it calculates the quote increment for each bar and multiplies it by the tick volume. The strength is then s

Detailed post explained: https://www.mql5.com/en/blogs/post/759269 This is a slope indicator for Bollinger Bands indicator. It provides slopes for BB top band, center band (main) and Lower Band. You can also set a threshold value for Center line to control Red/Green slope histogram lines.   Settings: You can choose which line you need the slope and Threshold Alerts for in Drop down. Slope Thresholds: for Alerts. Please note that Alerts only happen when Threshold is crossed. e.g.: If Threshold

The indicator displays information about:  the name of the currency pair and timeframe. current price bid. time before the close of the candle. the current difference between the ask and bid (spread). Trading volume stats can also be displayed. Displayed data Name, account number, and account currency. A deposit in the account currency. Balance at the current time and a percentage of the balance. Current profit and its percentage. Current transaction and the percentage of the total deposit. Pr