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Top indicators for MetaTrader 4 based on user ratings - 57
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Exponential average true range reduces the lag by applying more weight to recent prices.
The indicator is similar to Bollinger Bands (this same idea), but it uses GruchaAvarage instead of MA for counting.
This is the Figurelli RSI automatic gain version, so input parameters is the same as original Welles Wilder RSI (i.e. period setup). The indicator figures out the gain value based in minimal and maximal values inside the sample and period programmed.
This indicator use in cross ( es. EURAUD, GBPAUD, EURGBP, ect) depends of correlation of currency. Usually I use with timaframe Daily. But I think can to use in another timeframe. Important can use in commodity and stocks.
For those trader who can't stand having the Market Watch or Navigator boxes up on their platform but like to have a time displayed on chart a Simple Clock Indicator
Indicator to save screen shots of your charts at regular intervals, based off the timeframe of a chart. Great for analyzing combinations of indicators, Price Action, and multiple timeframes.
Parabolic Stop-And-Reversal system with Alert is base of the Indicator Parabolic by MetaQuotes Software Corp. with alert and email alert and option to display trader info and signal.
RSI dual features Cutler RSI with standard RSI full formulas
RSI levels rendered on price as bands V2. This updated version now mirrors the same RSI level inputs. The RSI 70 level line is blue The RSI 50 level line is gray The RSI 30 level line is red Length and Levels are adjustable
The currency strength meter is a trading tool that is used to identify trending and consolidating markets based on the percentage rate of change in price from one period to the next.
Converted LazyBear Squeeze Momentum Indicator from TradingView to MQL4
The indicator is shown in a histogram the ATR uptrend and downtrend uses a different way. You can set period of indicator and levels for trend.
Indicator for a strategy that uses CCI. When trading Woodies CCI all you need is to find Woodies CCI patterns.
The Renko charting method is thought to have acquired its name from "renga" which is the Japanese word for bricks.
The breakout strength meter is a trading tool that is used to identify which currencies are the strongest to breakout, and which currencies are the weakest to breakout
An improved version of the standard Moving Average indicator, now on the hourly timeframe, you can see moving averages of higher timeframes.
This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. It's better to use it with other technics as a complete system. For more information about the indicator, you can visit the product's page: https://www.mql5.com/en/market/product/6420 Update v1.2: Added popup alert.
Elastic Volume Weighted Moving Average (EVWMA), a natural replacement for the standard moving average.
The trade strategy is based on 2 moving averages. To confirm the trend, it uses 2 moving averages crossing and 1 candlestick formation while the moving averages are still crossed.
The trend indicator RAVI (Range Action Verification Index) invented by T. Chand.