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Trend Monster

A great indicator that allows one to spot reversals, and follow a trend easily, on any timeframe. Works on any forex pair and other instruments. Works extremely well on exotic pairs It changes colour and direction and can be set to provide an alert for both long and short trades.  It can also be used to set the stop loss and manually trail the trade. The indicator can be used on different timeframes easily,  and is reliable in that it does not change during slight market corrections, once a trend has commenced. It is better than standard indicators (PSAR, MA, etc) as it allows one stay in winning trades for the maximum time, even when there are slight market corrections, and also allows one to exit losing trades quickly at the appropriate time.

The standard settings work well but you may adjust them to your needs (see screenshots for examples).

Use it to scalp on short timeframes (M1, M5), for daytrading (suggest M5 or M15) or for longer term trend trading (H1, H4 D1). 

I suggest you enter trades on the 2nd or 3rd candle after the indicator has changed colour/direction.  Use on any timeframe & any instrument.

Settings:

Dll_Period: the lookback period for the calculation (Use lower than 35 for scalping, 35 for M5/M15 charts for day trading, 55/100 for longer time periods)

Rc_fast: Recommend 1.7 or 1

Rc_slow: leave at standard setting of 3

Rc_slope trend: leave at 0

SL_distance_pips:  SL value will be included in the alert based on number of pips set here

DisplayAlert: Gives an alert everytime the trend direction changes. Turn on or off as required

ShowCurrentCandle: Displays 1st or second candle.  Also the setting for the alert. Recommend 2nd candle if using the alert to prevent too many alerts on 1st candle because price may move up and down causing the 1st candle indicator to repaint.



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PipTick Effort Index indicator is based on the work of Karthik Marar, volume spread analysis trader. It compares the change in price (Result) to the size of volume (Effort) for a certain period of time. By comparing the effort and result we can get more information about the future price movement. Both values are normalized and converted to scale of 0-100% based on a selectable look back period. The law of effort and result The law of effort vs. result states that the change in price of a tradin
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XCalper TFO MT4
XCalper TFO MT4
Aecio de Feo Flora Neto
This oscillator was created exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever the fast line crosses the value of -0.5 upwards, it means an oversold price level. When it crosses the value of +0.5 downwards, it means an overbought price level. When fast line crosses the value of 0.0 and returns, it is
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Rajiv Ishwar
PLEASE NOTE THAT  LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4.  This currency strength meter measures the strength of the ZAR using the most important ZAR pairs in the market, namely,
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