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Technical Indicators for MetaTrader 4 - 39

icon Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes.
Info Symbol Bsm
Thiery Anicet Navis
Info Symbol is an indicator that will allow you to monitor up to 9 different markets. Just enter the name of the symbols and the number of decimal places. With a single click you can switch from one market to another, it will take two clicks for a chart with an expert attached to it. With this indicator, you will know how many points or pips that the monitored markets have gained or lost since the beginning of the day and you will also have the percentage.
FREE
Velvet RSI
Kevin Peter Abate
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
FREE
Trender MT4
Alexandr Gladkiy
Индикатор Trender определяет смену тренда. Для того чтобы её не пропустить, настройте его на отправку уведомлений в ваш мобильный терминал (Push),  или в виде алерта ( Alert ), или по Email. Также индикатор предоставляет потенциальные точки входа и расчитывает и отображает уровни стоплосс и тейкпрофит. Преимущества: - Не перерисовывается - Может помочь в фильтрации сигналов в вашей стратегии - Работает на всех парах и таймфреймах - Прост в настройке  - Даёт уже готовые сигналы для открытия поз
FREE
Pivot Candles
Dmitriy Zaytsev
The indicator is designed to determine the pivot level for a group of candlesticks and the trend direction. no repainting calculation is done on an active candle if candlesticks are above the main line, the trend is upward if candlesticks are below the main line, the trend is downward breakdown of the main line signals a trend change or a price rebound two display modes, normal and with acceleration (ModeLite) an auxiliary line displays the resistance line Configurations BarsHistory - how many
FREE
Candle Pattern Alert mql4
Egidijus Bikulcius
5 (1)
Candle Pattern Alert indicator alerts when the last price closed candle matches the set input parameters. You can choose to scan through all the symbols in Market Watch or enter your favorite symbols and also you can enter time frames you need to scan. --------- Main settings- ------- Select all symbols from Market Watch? - if Yes the program scans through all the symbols displayed in Market Watch, if No - only selected in next input symbols are scanned Enter symbols separated by commas - enter
FREE
Alternative Chart
Yevhenii Levchenko
3.5 (2)
The indicator builds alternative quotes based on the average price of a bar and shadows for a specified period of time or according to a fixed body size. Options: StartDrawing - the date from which the indicator will build quotes; PerCounting - period for calculating the average body size and shadows. If AverageBody = 0, then it builds at an average price; AverageBody - fixed candlestick body size. If greater than zero, builds on this parameter.
FREE
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
FREE
Introducing Austin RSI—an innovative indicator designed to elevate your forex trading strategy by applying moving averages to the MetaTrader 4 indicator, RSI. The Relative Strength Index (RSI) is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is used to identify overbought and oversold conditions in the market. Traders often use RSI to gauge the strength of price movements and anticipate potential trend reversals. Aus
FREE
PrevDayClose
TrongTam Nguyen
5 (1)
The indicator draws lines (with line objects) to the close prices of the previous day close, on selected timeframes. The indicator uses the closing price of the past day to draw a horizontal line, it can help you determine the direction of the market at the moment, which is necessary for making trades.. Parameters Line Color Line style Line width Set on the top
FREE
Harrow Band is an indicator based on support and resistance values. This indicator provides six bands that indicate the nearest of support or resistance position. With this indicator, it will be easier to see where entry and exit points of a trade are located. Pairs and Timeframes This indicator can be used in any pairs and timeframes, but it is recommended to use it in XAUUSD H1. Parameters NumCandle - number of candles used to calculate the support and resistance position. BandColor - colo
FREE
Price Speed V
Doan Vuong Thai
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! ||
FREE
Trend directional oscillator with additional flat filtering It helps to quickly navigate when changing the direction of price movement and is painted in the appropriate color You can conduct trend and counter trend trade It works on all timeframes, on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Not redrawn; Flat filtering - when the histogram is in the yellow zone; Simple and clear settings; It works on all timeframes and on all
FREE
Just Currency Strength
Pankom Sriboonlue
5 (1)
Just Currency Strength is a simple, and easy to use as a market analysis tool. It could helps trader to understand the broder view of the market and forcasting the movemt of each currency symbol and trend direction of each specific currency pair. Parameters Timeframe (Move Timeframe box to move the pannel) Currency (Must NOT be less than 5 currencies) Refreshtime in second Colors Strong//Weak//Neutrial Alerts setting Alert On/Off Push notification On/Off Happy Trading...
FREE
Highly configurable Force Index indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Force Index Timeframe:  You can set the current or a higher timeframes for Force Index. Force In
FREE
IMP The Panel presents a number of indicators in abbreviated form: 2 oscillators, 2 trend and 1 volume indicator. Location -  upper left corner. Indicators values and colors can be customized by the user. Combined with other market analysis, can greatly improve trading results. This Indicator is a suitable tool for beginners and professional traders as one. Metta Trader 4 Indicator Version _1.0
FREE
FFx Volumes
Eric Venturi-Bloxs
4 (5)
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
FREE
Индикатор сглаженного MACD (xMACD) Входные параметры: Fast EMA Period - период быстрой EMA Slow EMA Period   - период медленной EMA Signal SMA Period   - период сигнальной SMA Applied Price - тип цены (0 - CLOSE | 1 - OPEN | 2 - HIGH | 3 - LOW | 4 - MEDIAN | 5 - TYPICAL | 6 - WEIGHTED) Принцип работы Индикатор перерассчитывает стандартный технический индикатор MACD (дважды усредняет получаемые значения). Индикаторный буфер не перерисовывается.
FREE
Displays previous months Highs & Lows. You can set the number of months to display levels for, also the line style, color and width. This is very useful for traders using the BTMM and other methods like ICT. I'll be creating similar indicators for MT5 for the BTMM. Send me your suggestions to my Telegram: https://t.me/JDelgadoCR Take a look at my other products at: https://www.mql5.com/en/users/jdelgadocr/seller
FREE
Line Alerter Free
Tomoyuki Nakazima
5 (2)
This indicator alerts you when indicator-created lines are "touched" by price, You can change the interval between alerts. You can change colors and styles of lines as you want. However, lines must be named "Upper" and "Lower. There is a  more powerful PRO version . Input Parameters WaitTime: Interval between alarm. How To Use Place lines wherever you want to add alarms.
FREE
This is a simple free tool for simulating trades when trading both AUDUSD and NZDUSD in a hedge strategy, you can drop the indicator on either market chart.  It is essential because you cannot tell at a glance, what a combined trade would be like, just by looking at the two individual charts separately.  New premium low cost indicator How to use: Drop the indicator on either AUDUSD or NZDUSD chart, or any other chart, it will work. You choose ploting period,   to the number of days/weeks
FREE
IchiTrend
Sivakumar Subbaiya
Welcome to our page This indicator is suitable for any time frame but our recommended time frames are 30M and above. Perfectly working with all pairs. Buy Call: When the candle has been crossed above the ichi cloud. (See the Screenshot Attachment) Sell Call: When the candle has been crossed below the ichi cloud. (See the Screenshot Attachment) Happy and profitable trade !!!
FREE
RSI Mult
aleksandr butkov
Standard Oscillator RSI (Relative Strength Index) with some additions. Allows you to select up to 5 instruments. Displaying indicator data from selected instruments for all time frames. Fast switching to the selected instrument or time frame. The RSI indicator shows good signals, but its readings still need to be filtered. One such possible filter could be RSI from a higher period. This version of the Oscillator is designed to make it easier to work with charts, namely, to reduce th
FREE
Buy Sell Zones1
Mohamed yehia Osman
Buy Sell Zones   Simple indicator for BUY / Sell Zones moving Buy and Sell zones : Closest zone is wide and clear : Red for Sell zone , Green for Buy zone >>> old far zones are in bold lines :::BUY Zones (GREEN) appear only in UP Trend and disappear in DOWN Trend :::SELL Zones (RED) appear only in DOWN Trend and disappear in UP Trend input parameters ::: index bars : bars range for zone calculation levels : number of zones  Up move/Down move arrows mail and message Alerts !! used on any symbol u
Parabolic Sar easy mode
MARTIN ANDRES DEL NEGRO
Parabolic Sar easy mode, remake the original p.sar indicator making it more easy to read for novicians traders and experimented traders looking to reduce the time analizing the charts, you can make your own strategy modificating the periods and fusioning it with others indicators like RSI ,stochastic or what you want,its one indicator runs better on high time charts like H4 or D1.
FREE
DrakonMA
Mikhail Bilan
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. 
FREE
红黄绿简明指示趋势与震荡指标升级版。 使用红黄绿三色来标示上升趋势 、震荡、下跌趋势。 红色表示空头趋势(下跌)。 绿色表示多头趋势(上涨)。 黄色表示震荡区域。 从黄色转变为红色时,行情可能从震荡转变为下跌趋势。一段连续的红色,说明下跌趋势很强。 从黄色转变为绿色时,行情可能从震荡转变为上升趋势。一段连续的绿色,说明上升趋势很强。 指标的上半部分区域和下半部分区域若同步为红色,表明下跌趋势已经形成共振,接下来大概率走出一段空头趋势。 同时,红绿黄分为上下两部分: 若上下部分同时为绿色,表明上涨趋势已经形成共振,接下来大概率走出一段多头趋势。 若上下部分同时为红色,表明下跌趋势已经形成共振,接下来大概率走出一段空头趋势。 若上下同时为黄色,表明当前行情为震荡。 升级版2.0: 新增两条快慢线。 当慢线(Blue/Red线)为蓝色时,视为多头行情。当慢线为红色时,视为空头行情。 当快线(DarkGray线)从下方向上穿过慢线时,作为参考做多信号,激进交易者可进场做多。反之亦然。 参数可调。 //+------------------------------------------
FREE
Strength Graph
Zi Feng Ding
5 (1)
This indicator is a tool to measure the relative strength of different currency pairs. It present major currencies strength value base on their relative strength/weakness in custom period of time. Indicator parameters Strength Period - Change the strength period in the settings affects the number of bars used for calculation. The higher the period value, the smoother the indicator lines and the result will represent longer term strength of each currencies, rather than recent strength. Display
FREE
Starting Points
Muhammed Emin Ugur
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
FREE
Plot results
Vladimir Tkach
4.14 (7)
The indicator displays on a chart trading results. You can configure the color and font of displayed results, as well as filter trades based on the magic number. If multiple trades were closed within one bar of the current timeframe, the result is summed and output in one value. Utility parameters Plot profit in - the format of output results: wither in deposit currency taking onto account commission and swap, or in points. Start from - start processing data at the specified time. Plot last de
FREE
Bar Timer Lite
DENIS SITDIKOV
5 (3)
The indicator informs when the current bar closes and a new bar opens. TIME is an important element of trading systems. BarTimerPro indicator helps you CONTROL THE TIME . Easy to use: place on the chart and set “alarms” if it necessary. In the tester, the indicator does not work. Key Features Shows the time elapsed since the opening of the current bar Indicator Updates Every Second  Setting the appearance (31-36) and the location (21-24) of the indicator, changing all texts (41-50). 4 types of
FREE
MP Price Change Indicator is a tool to calculate the price movement by percentage. The Value of this indicator can be adjusted to look back of the percent of price change within certain timeframes. This is a powerful tool when used by other indicators as well, such as ATR and ADR, for understanding price fluctuations and tolerance in different strategies. ___________________________________________________________________________________ Disclaimer: Do NOT trade or invest based upon the analys
FREE
Maps
Pavel Shutovskiy
4.75 (4)
The indicator displays on the chart a map, on which markers show the current trading session, as well as shows a text. The indicator provides two types of background display: white and black. The indicator is displayed as the background and does not hinder tracking the current market situation. Parameters: GMT -  the time difference of the terminal and GMT. Background - selection of background - black or white.
FREE
Combined indicators, based on moving averages and price momentum, help you to know when to break out your profit timely. It lets you to ride on major trend as long as possible but knowing when to break out smart and timely. The indicator displays major trend, volatile, reversal signals and last lowest and highest price. It's status updated on top right of your chart keeps you informed about pip-changes involved. Parameters: FAST Period Period of the fast moving average SLOW Period Period
FREE
SpreadLive
Paul Reymkhe
4.67 (3)
SpreadLive shows the full Spread history of a chart with different colors. It alerts you (MT4, E-Mail and Mobile) when the spread reaches the limit, which you can define in the settings. The menu contains Current Spread , Average Spread and Highest Spread of current chart. The main idea is to use it with an EA and analyze negative profits from the spread history. This helps you to see how your broker varies the spread. Inputs Spread limit - limit to alert. Type - Show in points or pips. Alert:
FREE
Rung
Iurii Tokman
Trend indicator. The indicator identifies the major price movement trends and market them with different colors. It filters out and ignores the noise and short-term movements of the price against the main trend. This indicator is a tool that identifies the current trend in the market. With the default settings, the ascending ("bullish") trends are marked with green lines and the descending ("bearish") trends are marked with red lines. The indicator ignored sideways or flat movements, when the pr
FREE
Shows on the chart a two moving averages histogram. It allows to send alerts to MetaTrader platform when the crossovers occurs. You can use it on any timeframe, moving averages settings can be adapted as well as the appearance and colors. The parameters for the indicator are Fast moving average period Slow moving average period Moving Average Mode Moving Average Price Alert on crossovers Histogram Bar Width Bullish Color Bearish Color
FREE
Mastery CDS is a trend indicator based on the BB Mastery Technical Analysis. This Mastery CDS indicator is specially designed for the practitioner of BB Mastery Technical Analysis. This indicator helps you to setup BB Mastery Indicators and label all the CDS signals. The CDS signals including TRZ, CT, and CC. What is so special with this indicator? This indicator able to label TRZ, CT and CC signal all all time frames. You can one glance all the signals without spending time to identify each of
FREE
This indicator allows to hide Parabolic SAR (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Step Maximum  Color Width Information on "Parabolic SAR" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/parabolic ************************************************************* Hey traders!!  Give me your feeds!  We are a community here and we have the sa
FREE
CountDownClock
Liu Chun Xiao
3 (2)
倒计时指标功能介绍 类别 解释 备注 预计结束倒计时 计算当前周期蜡烛图的结束时间(可应用于所有周期),其考虑了蜡烛图可能会因为日常休市而提前结束的情况; 如果该蜡烛图包含多个休市和开市的情况下,以最后的休市或者蜡烛图收盘时间为准。 值得特别注意的是:本指标并没有将平台额外公布的节假日休市、修改休市或者开市时间等因素纳入考虑范围,它仅仅是基于MT4所公开的交易时间做计算,无法100%确保本品种的收盘或者开盘时间无误 ,故使用者需提前明确该品种交易时间情况。 预计开盘倒计时 仅限于状态为"休市中"的提示,根据MT4上公开显示开市时间进行预估大约还有多久时间开盘; 和预计结束倒计时类似,并没有将额外公布的时间纳入考量。由于W1和MN1周期中包含多次的开盘和收盘,所以该两周期无休市提示。 【状态】 颜色 状态 备注 绿色 正常 一切正常 黄色 服务器无报价 服务器实际上传送到MT4并非是毫无中断的,可能是1分钟之内出现多次,甚至是连续较长的时间无报价,取决于您所处的网络延迟、服务器的情况等等。 本品种已有X秒无报价 MT4上并不是所有的品种的报价都是最新的,有可能某
FREE
Please contact me at telegram  https://t.me/smartforex7 After purchasing SmartForex Indicator then Use This Indicator...................... SMART EXIT PROFIT LINE Indicator is very Helpful with SmartForex Indicator ........................................ SMART EXIT PROFIT LINE Indicator Attach with SmartForex Indicator after then Red Line Show Exit buy Profit , Green Line show Exit Sell Profit................
FREE
ChangePP
Maksim Kalachev
About the ChangePP indicator The ChangePP indicator displays the percentage price change for the selected period according to the selected parameters and builds the corresponding bars in the indicator subwindow. Clicking on a bar or pair name opens the corresponding chart with the period specified in the input parameters. Without a doubt, the ChangePP trading indicator will be useful for traders using the correlation of currency pairs, as well as for analyzing the situation on the market.
FREE
Jerk Indicator
Safwan Rushdi Khalil Arekat
In physics, "Jerk" is the third time-derivative of position, with acceleration being the second derivative and velocity the first derivative. In technical analysis, the first derivative of price is the price momentum, with the second derivative,acceleration, being seldom used and the third derivative virtually unknown. The magnitude frequency response of a digital differentiator is a positive-slope straight line passing through zero frequency. Therefore, every instance of a digital signal differ
FREE
Borey
Dmitriy Zaytsev
The indicator detects price channels, reversal points and trend direction. All timeframes. No repainting. Channel borders are formed by support/resistance levels. Calculation is done on an active candle. If the red line is above the green one, a trend is bullish. If the red line is below the green one, a trend is bearish. After the price breaks through the green line, the indicator starts building a new channel. The indicator works well with the Forex_Fraus_M15.tpl template https://www.mql5.com/
FREE
LevelsPivotMt4
Andrey Spiridonov
2 (1)
The LevelsPivotMT4 plots the pivot points and forms the support and resistance levels. The indicator does not repaint. Default colors Yellow - pivot point. Green - resistance levels R1, R2, R3. Red - support levels S1, S2, S3. Installed similar to any standard indicator. Analysis rules Trade the rebound from support or resistance lines. Accordingly, the target is the central line (the pivot point, yellow by default).
FREE
Purpose: The function of this indicator is to draw 3 moving averages (MA's) lines on the main MT4 price chart.   The MA's are from 3 different timeframes specified by the user independent of the chart that is currently displayed. When you toggle your chart view through different time frames, the 3 MA's will continue to display the MA lines for the time frames specified in the properties. Example: The default settings map out three 50 bars MA's for H4, D1 and W1 time frames. During intraday tradi
FREE
Binary Options Assistant (BOA) FLAME Signals Indicator provides signals based on the combination of: RSI, MACD & Stochastic Indicators Stop missing trades, stop jumping from chart to chart looking for trade set-ups and get all the signals on 1 chart! U se any of the BOA Signals Indicator with the  Binary Options Assistant (BOA) Multi Currency Dashboard .   All BOA Signal Indicator settings are adjustable to give you more strategy combinations. The signals can be seen visually and heard a
FREE
MAtrio
Yurij Batura
The MAtrio indicator displays three moving averages on any timeframe at once with a period of 50-day, 100-day, 200-day. After attaching to the chart, it immediately displays three moving averages with the parameters of simple (SMA) moving average SmoothingType50 , simple (SMA) moving average SmoothingType100 , simple (SMA) moving average SmoothingType200 . Accordingly, with the price type ValuePrices50, ValuePrices100, ValuePrices200 , by default, the price is Close price everywhere. All parame
FREE
Hello all. This indicator helps you  to open a trade, when break out occurred, also you can add to your position and ride it if trend continued. I use it on 1-5 min chart, as you can use short stop loss. Also profit target should be small as well. It is better to enter few small position, so you can book some profit early and ride the rest for bigger gains. Look at the past to have a plan. Enjoy. 
FREE
This indicator was created most for personal use. I decided to look up the last 3 bars of RSI,  it is good for scalping or for weekly trading and looks as universal fx-toy.  In menu you can turn on daily percentage gain info, it is good for crypto as for me, weekly and monthly gains also included as informers.   Short ATR helps to determine when price was stopped and entry for pulse pump/dump. The filter of numbers of RSI can be tuned for overbought/oversold values with colors you needed.  Exam
FREE
Pip Show - MultiStrategy Trading   The indicator is for free and you have to install it before you can use the Pip Show - MultiStrategy Trading EA. The use of the indicator is very simple, on green open buy positions and on red open sell positions. Its based on a MA calculation. Check out my fully automatic trading robot  multistrategy-trading.com It has four parameters: Period, Divisor ("speed"), Price and TimeFrame Period - how many candles , backwards, are calculating Divisor - how "quick" is
FREE
Monitor New Fox US
Samuel Lima Cavalcante
Track your overall trades! Monitor New Fox is an excellent indicator, which displays your current profits, being them monthly, weekly, and daily, that is, all profits obtained when you opened the mt4. Our brand new Monitor New Fox indicator is able to unlock all advanced features of MetaTrader 4. This indicator can graph with simple data key meta trader account data (Balance, Equity, Free Margin, Current Profit/Loss, Profit/Loss total, amount of open position(s) and size, etc.) and all this in a
FREE
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
FREE
Fibo Dashboard Free
Che Jeib Che Said
5 (2)
FIBO DASHBOARD This dashboard lists down multi currency Fibonacci level  whenever price hit the level. It draws a Fibonacci Retracement based on daily time frame. It draws arrows, sends pop-up alert   whenever price crosses Fibonacci levels. This tool is useful for users who trade with Fibonacci. For paid version click here  . INPUT ON Alert: set to true will pop-up alert whenever arrow appears. ===== FIBO(High & Low)===== Time Frame: Fibonacci is drawn from daily high to daily low or vise ver
FREE
The WTR Dynamic Range Indicator is a powerful and deeply customizable range indicator that takes in account the average upward and downward movement of the price in the past trading days.  This fully customizable indicator can be setted for a lot of uses and cases:  • Trend trading on level breakouts  • Spotting high probability targets for Take Profits • Setting a multiple targets for position scaling out  The WTR Dynamic Range Indicator calculates the average movements in the long side, the
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The indicator uses the Chester W. Keltner's channel calculation method, modified by the well-known trader Linda Raschke. Due to the modification, the calculated channel contains a much more complete overview of the price movements, which allows increasing the probability of an accurate prediction of the upcoming price movement. Unlike the classic Keltner method, the base line of the channel is plotted based on the Exponential Moving Average, and the Average True Range is used to calculate the up
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This indicator is a perfect tool able to compare which brokers have the lower latency. It shows us immediately which brokers are slower or faster. When you see the dot icon on the line, it means this broker is the faster one and the red line (Broker_A) is the slower one. See the example on the screenshot. How It Works? This indicator shares the prices information to and from the "shared" common data folder. It compares all the prices. The price is based on average by (Ask + Bid) / 2. There are
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This indicator displays the historical bid and ask prices on the chart. This is an extremely useful tool for watching the spread rise and fall, as well as watching to see whether or not the bid and ask prices are converging or diverging. This tool will allow 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 LIM
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MASi Wave Histogram
Aleksey Terentev
5 (1)
This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d
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Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. The DEMO version only works on AUDNZD pair. Full product can be found https://www.mql5.com/en/market/product/29190 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used
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The indicator marks bars with a simple trend definition“ each subsequent high above/below the previous one and each subsequent low above/below the previous one ”. Charles Dow   Formula:  Max – The current maximum Min – The current   minimum MaxK – Maximum per period MinK – Minimum per period   Min>MinK & Max>=MaxK – Symbol on top Max<MaxK & Min<=MinK – The symbol on the bottom Input parameter: Number of bars in the calculated history Period for current timeframe The distance to the symbo
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STO Currency Strength Meter DEMO uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in FULL up to 5) to the "comparison pool" that already has the base and the profit (counter) cu
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TWO SYMBOLS CORRELATION  line indicator    It compares the power/strength lines of two user input symbols and create a SMOOTHED line that indicates the degree of deviation of the 2 symbols Strategy#1- FOLLOW THE INDICATOR THICK LINE when CROSSING O LEVEL DOWN --- TRADE ON INDICATOR THICK LINE (TREND FRIENDLY) !! Strategy#2- TRADE INDICATOR PEAKS (Follow indicator Reversal PEAKS Levels)!! you input - the index of calculation ( 10/20/30....)                 - the indicator Drawing start point (ind
RedeeCash TimeZones
Patrick Odonnell Ingle
DATE VERSION DESCRIPTION OF CHANGES  2022-08-31 1.00 Initial release.  2022-09-01  1.01 (on the Indicator dialog, but is v1.1 on MQL5.COM) Fixed New York active time  2022-09-03 1.02   (on the Indicator dialog, but is v1.2 on MQL5.COM)   Fixed Sydney active on Saturday  This indicator will show the active and inactive trading sessions as well as set global variables as whether the trading session is active (1) or inactive (0). Using the iCustom library function, you can invoke this indicator fr
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To download MT5 version please click here . Metatrader users are limited to few moving average types. Therefor I decided to create a package consisting of all MAs I knew. This package suggests 12 different types: { SMA, EMA, DEMA, TEMA, WMA, VWMA, SMMA(RMA), HullMA, LSMA, ALMA, SSMA, TMA } You can configure them via input tab. This is a non-repaint indicator with light load. To implement them I referred to   standard  libraries of pine script.
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The indicator searches for matches in history for a specified range of the latest known oscillated Moving Average data. Found matches are indicated on the graph as colored fields. Analysis of historical data (the behavior of quotes in history) will help make decisions in trading. The matches found are updated when a new bar is opened (i.e., the calculation is performed upon opening prices). The value of the increase accuracy (Accuracy) must be changed with a decrease in the timeframe, and
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Fractal Direction ST Patterns MT4
Vladimir Poltoratskiy
4.25 (4)
Fractals Direction ST Patterns MT4 is a modification of Bill Williams' Fractals indicator, which allows you to specify any number of bars for finding a fractal. In the settings, it is also possible to set the number of points for determining the trend direction. The upward direction is determined if the last upper fractal is higher than the penultimate upper fractal. The downward direction is determined if the last lower fractal is lower than the penultimate lower fractal. This simple indicator
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Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. This DEMO only shows 4 currencies and 4 timeframes, for the full version please check https://www.mql5.com/en/market/product/24252 How does it work? The CSM compares the value of the current moving av
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Highly configurable Rate of Change (ROC) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: ROC Timeframe:  You can set the current or a higher timeframes for ROC. ROC Bar Shift:
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ARR indicator is similar to ATR but it returns percent range in relation to open price of given bar. It is mostly useful for cryptocurrency symbols where ATR ranges from years ago can't be directly compare with current values. First buffer (red dotted line) represents percent range of single bar and second buffer (white solid line) represents simple average of defined number of last bars. Only one input, PERIOD relates to number of bars used for average calculation (in default equals to 14).
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Hello again This is a free indicator that provides you with a panel at the corner of your chart to change your background. If you want to hide it, you should click on the minimize button above the buttons. Let me know what other free indicators you need! If those are easy I will make them for you ;) Many other tools are in the row. So wait and look! Hope to Enjoy it Sepehr (Faran)
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