Technical Indicators for MetaTrader 4 - 40

The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. The version of the exact same indicator but only with sound alerts there - Time Levels with Alerts . Configurations ----Day------------------------------------------------- DayLevels - enable/

YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD Momentum channel is a simple momentum based system yet with a great degree of accuracy in detecting turning points. The market momentum are defined by Average True Range Channels . When price breaks these channels most times , it is an indication of a shift in market momentum and thus a possible new trend formation. The system can be traded on any time frame and

PREVIOUS INDICATOR’S DATA MA CROSSOVER https://www.mql5.com/en/users/earobotkk/seller#products P/S: If you like this indicator, please rate it with 5 stars in the review section, this will increase its popularity so that other users will be benefited from using it. This indicator notifies and draws an arrow on the chart whenever    the MA line has crossed over its previous indicator’s data MA filtered by MA Trend.   It also displays total pips gained from all the entry set-ups. Setting ·   You c

TREND SHOOTER   Without alerts It is a trend indicator based on moving averages that very efficiently calculates changes in market direction. This has the ability to anticipate changes of direction very early. FEATURES This indicator particularly draws two moving averages that are used only to show color changes. they can wear these moving stockings as they wish as they do not affect the color change behavior bullish blue color bearish red color where the line is interrupted it is not reco

The indicator improves the idea implemented in the standard Bulls and Bears indicator. This indicator displays the difference between the High and Low for the current period of time and the values ​​of the channel constructed at the maximum and minimum prices, which are smoothed by Laguerre method. The growth of the indicator values ​​above zero indicates that the High for the current period is greater than the average of the High prices. This situation in most cases indicates an increase in the

In a departure from the conventional approach, traders can leverage the bearish engulfing candlestick pattern as a buy signal for short-term mean reversion trades. Here's how this alternative strategy unfolds: The bearish engulfing pattern, (typically signaling a reversal of bullish momentum) , is interpreted differently in this context. Instead of viewing it as a precursor to further downward movement, we perceive it as an indication of a potential short-term bounce or mean reversion in prices.

Great utility tool where you can monitor in real time the Laverage of your account and the spread of the symbol This will know how to accurately identify the data, to be able to know, for example, if you have a Prop Firm account, to know the correct Laverage and if the spread is manipulated, etc. to make a precise lotage Combination of leverage and spread indicator. Tools for automating checking the leverage and spread on your trading account. Working in All broker forex stock. Useful to monit

Arrow Indicator (Buy/Sell Alerts) – Simple Yet Powerful Tool!             Product Version: 1.01           Indicator Type: Trend Reversal Signals           Timeframes Supported: All (Recommended: H1, H4, D1)           Key Features: Buy Signal: Green upward arrow () appears below the candle  Sell Signal : Red downward arrow () appears above the candle Accurate Trend Reversal Detection – Based on tried and tested SMA strategy. ️ Clean Chart View – Minimalist, non-i

QuantumAlert CCI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our   MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the pri

The indicator High Trend Lite monitors 5 symbols in up to 3 timeframes simultaneously and calculates the strength of their signals. The indicator notifies you when a signal is the same in different timeframes. The indicator can do this from just one chart. Therefore, High Trend Lite is a multicurrency and multitimeframe indicator. With the High Trend Pro , available at this link , you will have an unlimited number of symbols, 4 timeframes, a colourful chart of the primary MACD indicator, several

Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Main Window Free , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the main chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Free MT

Elegant Oscillator (EO) 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 EO? The Elegant Oscillator (EO) is a normalized momentum indicator that combines a Fisher Transform (inverse hyperbolic tangent) with a Butterworth low-pass filter. It measures the relative strength of recent price mov

Simple dashboard to view ATR value across multiple time frame, no need to click at any timeframe, we can see the overview of ATR quicker. Support changing value of ATR period. Download free! We already tested via Strategy Tester, nothing wrong. If you found something wrong just drop the comment below or contact me at site: https://youtube.com/@itwetrade Email: itwetrade@gmail.com --------------------------- Support for development: https://www.buymeacoffee.com/itwetrade

Product Title Smart Bollinger Bands (MT4) – part of the SmartView series Short Description A Bollinger Bands 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 uni

Shadow System Candles - AI Trend Visualization Concept "Stop trading in the dark. Equip your chart with Night Vision." Shadow System Candles is the visual core of the "Shadow Operation" project. It eliminates market noise and visualizes the true direction of the trend using AI-based logic (ADX + MA integration). Note: This tool does not generate buy/sell arrows. It is designed to train your eyes to recognize "Active Trends" and "Dangerous Ranges. Key Features ・AI Logic Coloring[/b]: Automat

............................................hi................................................ .........................its a simple indicator of movings ............................ .........................a diffrent show of moving averages.......................... ...............can select period , shift , mode and applied price.................. ............many traders use movings for find market movement................. ...........................it can helpfull for finding trends.......

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。 //+---------------------------------------------

ADR 10 mostra l'intervallo medio di pips di una coppia Forex, misurato su un numero di 10 giorni . I traders possono utilizzarlo per visualizzare la potenziale azione dei prezzi al di fuori del movimento medio giornaliero. Quando l'ADR è al di sopra della media, significa che la volatilità giornaliera è superiore al normale, il che implica che la coppia di valute potrebbe estendersi oltre la sua norma. L'ADR è utile anche per il trading di inversioni intraday. Ad esempio, se una coppia di val

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. 

Note : New in 1.6: the indicator now exports the trade signal (but not displayed). Go long with light blue. Go short with red. Exit otherwise. Signal to be imported to your EA using iCustom. This indicator provides Best of the Best linear filter momentum oscillators that I am aware of (Low Pass Differentiators, LPD's) . All of them are  recent developments by this developer, or other researchers. The oscillator line is the first buffer of the indicator, and can be called  in other indicators or

Fisher Yur4ik Indicator is a momentum indicator originated by Yuri Prokiev (Russian). I combined the Fisher Test indicator with other indicators to sieve/filter signals. It is not used as a standalone indicator but in combination to filter out Price Action signals.  I have uploaded this indicator (Fisher test) for download alongside the 3Bar_Play signal indicator for signals to appear. It is free.

In the indicator there are EUR, USD, CAD, AUD, NZD,JPY, GBP ,CHF. The Currency Index Project is Forex study. Many people do not know the theoretical basis that drives currency exchange rates to move on the market. With this set of tools you will be able to have a more complete view of the entire market by analyzing not only the single currency of an exchange, but all the exchange rates that make up that currency by looking at a single window! The study assumes that all forex currencies are lin

Sometimes a trader needs to know when a candle will close and a new one appears to make the right decisions, this indicator calculates and displays the remaining of current candle time . It is simple to use, just drag it on the chart. Please use and express your opinion, expressing your opinions will promote the products. To see other free products, please  visit  my page.  

Fibonacci retracement is really one of the most reliable technical analysis tools used by traders. The main problem with using these levels in trading is that you need to wait until the end of the impulse movement to calculate the retracement levels, making difficult to take a position for limited retracement (0.236 or 0.382). Fibo Dynamic solves this problem. Once the impulse movement is identified the retracement levels are automatically updated allowing very dynamic trading in trends with onl

The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra

iSTOCH in iMA is an indicator which applies the stochastic changes to the iMA. Changes are reflected by altering the moving average colors. It is a useful tool to see easily the upsides or downsides of the stochastic. You can to get source code from here . Parameters MA_Periods - iMA period. MA_Method - iMA method. K_Period - K line period. D_Period - D line period. Slowind - slowing. STOCH_MA_METHOD - averaging method for MA. PriceField - price (Low/High or Close/Close). STOCH_LevelUp - uptre

Description: This indicator measures how far the price is away from Moving Average or multiple Moving Averages  (from Lowest MA Period to Highest MA Period). also you can apply  weighted factor that  increase / decrease from  lowest  MA to  highest  MA period. Inputs: Lowest MA Period Highest MA Period Weighted factor for Lowest MA Period Weighted factor for Highest MA Period MAs method MAs applied price ATR Period 1st band factor 2nd band factor 3rd band factor indicator Applied price

The implementation of the impulse system described by Dr. Alexander Elder. The indicator generates signals according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - gray (or empty) bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy. Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the

Variable Index Dynamic Average (VIDYA) is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging, developed by Tushar Chande. The length of period in VIDYA depends on market volatility as indicated by the Chande Momentum Oscillator (CMO). Typical Signals VIDYA generates buy and sell signals when the price crosses over and under the bands: When the price crosses over the upper band of VIDYA, this can be interpreted as a signal to

Этот индикатор основан на концепции "Дивергентных баров" из торговой системы "Торговый Хаос" Билла Вильямса. Он предназначен для автоматического выявления на графике специфических ценовых паттернов, которые могут указывать на потенциальные точки входа или смены тренда. Что такое Дивергентный бар (BDB)? Дивергентный бар - это свеча или бар на графике, который имеет определенные характеристики относительно предыдущего бара и линий индикатора Alligator (Челюсть, Зубы, Губы). В системе Билла Уильямс

MACD Optimiser – AI-Enhanced MACD Settings for Smarter Trading The MACD Optimiser is an advanced tool that supercharges the classic MACD indicator by automatically finding the best parameter settings for different market conditions. Powered by AI and historical data analysis, it eliminates guesswork and helps traders make more precise, data-driven decisions. Why Use MACD Optimiser? Automated Optimization – No more trial-and-error. The tool fine-tunes the MACD’s fast EMA, slow EMA, and sign

Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Separate Window Free , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the separate chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window

This indicator is Demo version of FiboRec and works only on EURUSD This indicator depends on Fibonacci lines but there are secret lines I used. By using FiboRec indicator you will be able to know a lot of important information in the market such as: Features You can avoid entry during market turbulence. You can enter orders in general trend only. You will know if the trend is strong or weak. Signal Types and Frame used You can use this indicator just on H1 frame. Enter buy order in case Candle

Geo_Info is one of the most informative indicators displaying net levels as well as basic data on a symbol and trading positions in a space-saving manner. displays brief data on the basic symbol parameters in the upper left corner of the chart: Swap for Buy order, swap for Sell order, current spread, margin, tick size, stop level, order freeze level . The data is shown for one lot in points. The data is displayed as follows: SWAP B:4.200 /S:-8.470 /SPR:342 /MRG:256.0/TCV:0.10/STL:0/FRL The data

Bigger chart labels would allow the user to be entirely aware of which chart he/she is on. Each chart window is unique, containing different patterns and economic motives so acknowledging the chart window would be absolutely essential! There are well known Economic Time Zones included in clear view, by choice!    Simple does it! Use your computing mouse scroller, clicking with the right finger on the label, in order to customize the label properties. From there, choose your preferred color, fon

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

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.

.................................if you need pivot point s levels............................... ............................this is a weekly pivot point level creator........................... ...it is for weekly pivots and show levels at times period d1 , H4 , H1 , M30 ............... .................................also shows levels for 3 last weeks.............................. ................can use it with other indicators and see important levels........

Use  Stochastic Oscillator (STO)  Oversold and MACD < 0 show  buy signal Use  Stochastic Oscillator (STO)  Overbought. and MACD > 0 show  sell signal Please check support resistance before opening an order. This indicator is only a helper. Can't tell you 100% right. "Selling pigs" is a trivial matter. "Sticking on a mountain" is a challenge. Thanks you. welcome.

I decided to list it for free. Combined Informer of DeMarker with RSI MTF. Each parameter can be change values in menu. it is good for scalping or for weekly trading and looks as universal fx-toy. Now I use  it for BTC, ETH, BNB. In menu you can turn on daily percentage gain info, weekly and monthly gains also included as informers.   Short ATR helps to determine when price was slow/stopped and entry for pulse pump/dump. The filter of numbers of RSI can be tuned for overbought/oversold values w

O Afastamento da Média Móvel, é uma poderosa ferramenta de análise técnica projetada para fornecer uma representação visual do afastamento entre o preço atual e uma média móvel específica. Este indicador, desenvolvido para o MetaTrader, oferece aos traders uma perspectiva clara das mudanças na dinâmica de preço em relação à tendência de médio prazo. Versão MT5:  https://www.mql5.com/pt/market/product/111704

Is Zero Lag profitable? Not always, different system is for different pairs. You can play around with this indicator from Mladen, I have modified it with Bollinger Bands over T3. You can change the period and how it calculate. MT5 version is available too.... Please leave a review , it helps us and we will share more indicators.    ....   Thank you and happy trading

As the suggested, with this indicator you are able to switch from one symbol or timeframe to another in the same single chart. So forget about opening tons of chart on your screen! It's not designed for ICT or SMC trader, but if you are that kind of trader you still can use it. Imagine you have a strategy containing various indicators and settings, on a single chart you can screen the entry opportunity then move to the next symbol or timeframe.  

Индикатор BestTF поможет быстро выбрать самый лучший для торговли таймфрейм валютной пары или криптовалюты. Индикатор BestTF рассчитает и покажет в таблице крутизну графика (волатильность) для всех существующих таймфреймов текущего торгового инструмента. Почему важно правильно выбрать таймфрейм Выбор таймфрейма является ключевым аспектом при торговле на валютном рынке по нескольким причинам: Торговые стратегии: Различные торговые стратегии эффективны на разных таймфреймах. Например, краткосроч

Commodity Channel Index and Moving Average [CCI MA] A combination of CCI and MA to create a crossover trading setup Input parameters: signal mode: set it to true if you want to plug it into   STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart price line filter CCI period CCI price method Moving average period Averaging method upper level lower level You can find the best setting for 4 hour EURUSD on  this video

RSI Bands is a powerful indicator which displays an upper and lower band corresponding to the RSI overbought and oversold levels. The band shows what price must be reached during that specific candle in order for the RSI overbought/oversold level to be reached. This is an extremely useful tool for spotting when a trend has begun and when a trend is about to end. The indicator provides buffers, allowing you to use it in your own Expert Advisor. Please message me if you have any questions. CURREN

This indicator identifies short-term, medium-term and long-term highs and lows of the market according to the method described by Larry Williams in the book "Long-term secrets to short-term trading". Brief description of the principle of identifying the market highs and lows A short-term high is a high of a bar with lower highs on either side of it, and, conversely, a short-term low of a bar is a low with higher lows on either side of it. Medium-term highs and lows are determined similarly: a

Double Exponential Moving Average (DEMA) is a well-known trend indicator. DEMA was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine. It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other indicators. The advantage of this indicator is that it eliminates false signals at the saw-toothed price movement and allows saving a posi

EMA Separation plots 2 exponential moving averages, and a fill between them. The fill is colored differently according to an uptrend (short period EMA above long period EMA), or a downtrend (short period EMA below long period EMA). This is a small tool to help visualize the difference between long and short period averages. We hope you enjoy! EMA Separation can also be paired with our free EMA Separation Coefficient Parameters Short period (Default=10): # bars used to calculate short period EMA

T-Explorer is a Real Time Optimized MetaTrader 4 tool that provides tradable information based on the 10 of the most popular and reliable technical indicators in many timeframes. Our machine learning models calculate the optimum rules and configuration for each indicator in order to provide high probability signals of success. Users are able to customize T-Explorer by selecting suitable timeframes and mode ( FAST, MEDIUM, SLOW ) for the indicators to be used. T-Explorer aggregates and combines o

TMA Classic – Overview of the Triangular Moving Average Indicator The TMA Classic is a very simple and lightweight indicator that displays the Triangular Moving Average (TMA) as a single smooth line. It effectively removes excessive noise and captures the central movement of prices, making it useful for identifying trend direction and range-bound market conditions. Since it only displays a single line, it offers high visibility on the chart without interfering with other indicators or candlestic

Marginhedged   Information indicator. Lot - set the required lot for calculations, set using the input field MARGININIT - Initial margin requirements for the specified lot MARGINHEDGED - Margin charged from overlapped orders per set lot PERCENT -   Margin charged on overlapped orders expressed as a percentage Description of indicator settings: _color - set color An example of using the indicator: One buy position with lot 1 is open in the market, the margin requirements in this case correspond t

The indicator draws angulation lines on a chart. These lines can help make decision on whether to enter the market or stay out of it. It is used to filter the signal "The First Wise Man" described in Bill Williams' strategy. Angulation in this indicator is displayed for any bar that is formed after Alligator's mouth is crossed (not only for reversal). Settings: Show angulation lines . Show info - show additional details (angulation degree, calculation points, number of bars). Minimal angle to fi

Trends are like the "Saint Graal of traders": it can give you an higher win rate, a better risk to reward ration, an easier position management and so on... But it is really hard to determine the trend with accuracy, avoiding fase signals, and with the right timing, in order to take massive movements. That's why I created the Trend Validator: a new and EASY tool that will make identifying trend and build new strategy a really easier work. ANATOMY OF THE SOFTWARE The indicator is composed by 3

The MACD_stopper_x2 indicator shows where the trend has a tendency to stop or reverse. It uses the standard MACD indicator and a proprietary formula for processing data obtained from MACD. There are 2 types of stop/reversal signals: Small cross - probability of a trend stop/reversal is 70-80%; Large cross - probability of a trend stop/reversal is 80-80%; If there are open trades (for example, BUY) on the symbol the indicator is attached to, and the BUY trend ends, the indicator sends push notifi

Follow the trail of the comet to know the development of the trend. This indicator helps you to determine the evolution of the price depending on how these astronomical objects are shown in the chart. When the comet seems to stop, it opens its tails considerably and warns us of a possible change in trend. On the contrary, when it seems to get speed (looks thin because lines of tail are grouped) demonstrates safety and continuity in trend. The head or comet nucleus will show red or green accordin

My notes is a simple indicator that will help you put any notes on your price chart. W ith one click you get as many notes as you choose from the menu. All blanks for your entries are lined up in one column. You only need to move the records to the right place on the graph and click on the record. The menu consists of four items: My_sum_Note number of entries , default 5 ; MyMessage Font font name, default "Arial"; MyMessage FontSize font size, default 10; MyMessageColor is the font color, Black

The MACD (Moving Average Convergence Divergence) indicator is one of the most widely used technical analysis tools by traders worldwide. Created by Gerald Appel in the 1970s, the MACD is an indicator that helps investors identify the trend direction, trend strength, and possible trend reversal points. The MACD indicator is composed of a histogram that shows the difference between the 12-period exponential moving average and the 26-period exponential moving average. The top part of the histogram

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.

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 SSMA50 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 notificatio

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. 

Running multiple EA's on your account and confused by who's winning and who's loosing? Try this indicator that report's in real time on the Magic Numbers in your account by reading the History_trades along with the Open_trades. Note: Manual trades are grouped under Magic Number "0". For a better visual report,  run it on a symbol that you don't execute trades on, switch the history bars to "Line Charts" and set it's color to Black.

A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails. The tail of the pin bar shows the area of price that was rejected, and t

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 analysi

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

A very simple and intuitive indicator that shows the deviations from the moving average in percent. The default is a 50-day moving average. Just throw on the chart and the indicator build in a separate window under the graph. This can be very convenient if your strategy implies a certain deviation in percentage of the moving average. It is not very convenient to calculate it manually. The method of averaging, the period of the moving average and at what prices to build all this is selected in t

SkyNet EMA is an indicator will assist you by suggesting when to go long or short based on price action and the crossings of Exponential Moving Averages such as 14 period and 50 period. Just attach it to your chart and it will monitor the asset for potential sell opportunities and if found will paint a red arrow in your chart. Also will try to find buy opportunities and if found will paint a green arrow in your chart. It could be used with any currency but majors are recommended since they will

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.

High, Low, Open, Close — isn't this too much? Sometimes you need a unique history of prices. But if choose one thing, you lose the rest. Smoothing also leads to data loss. Often you lose one of the most important market details: information about extremes. It is due to the preservation of information about the highs and lows, the correct "smoothing" for the history of price is a zigzag. But zigzags also have drawbacks — they do not provide intermediate values. The Price Line indicator solves thi

Traders Dynamic Index (TDI) 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 middle band filter price line filter RSI period RSI price method Volatility period MA period 1 MA period 2 Averaging method You can find the best setting for 4 hour EURUSD on  this video