Technical Indicators for MetaTrader 4 - 25

Average Daily Weekly Monthly Range Alerts. The most complete multi-period dynamic range indicator with full alert options. Visually displays the Average Range lines on chart + real time distances to the Range Highs and Lows. Notifications are sent when the average ranges are hit. An essential tool for any serious trader! Average period ranges, especially the ADR (Average Daily Range) for day traders, are one of the most useful and consistently reliable indicators available to traders. Always a

I developed a special algorithm indicator Indicator EXACTLY-SR-LEVELS looks for confluence of at least two combination  algorithm levels (day+week,day+mont,day+year, week+month, week+year,month+year) LEVELS ARE NOT REDRAWN IF THE NEW HIGH / LOW INDICATOR IS CALCULATING NEW LEVELY AND DRAWS IN THE GRAPH On a new low/high day - the S/R day is recalculed. On a new low/high week - the S/R week is a recalculed On a new low/high month - the S/R month is a recalculed On a new low/high year - the

The VIX Fix is a volatility indicator developed by renowned trader Larry Williams. It's designed to measure volatility in assets that don't have options or futures, such as individual stocks and forex markets. Essentially,   it acts as a synthetic VIX (Volatility Index) for any asset , providing a gauge of market uncertainty. This modified version of William's indicator helps you to find market bottoms and market tops. It comes with 2 styles: Stochastic and histogram style. Please see screenshot

MT5 Version Kill Zones Kill Zones allows you to insert up to 3 time zones in the chart. The visual representation of the Kill Zones in the chart together with an alert and notification system helps you to ignore fake trading setups occurring outside the Kill Zones or specific trading sessions. Using Kill Zones in your trading will help you filter higher probability trading setups. You should select time ranges where the market usually reacts with high volatility. Based on EST time zone, followi

The Identify Market State   indicator allows you to set the beginning of a new trends and pullbacks on an existing trend. This indicator can be used both for trading on scalper strategies and for long-term trading strategies.               The indicator is based on the 14 periodic DeMarker   indicator and the 8 periodic simple moving average from this indicator. Statistical studies have shown that the sharp peaks of the DeMarker   indicator curve when they drop below its minimum li

Easy Trend Indicator can be used for all forex pairs, indices and cryptocurrencies.  It´s a non rapainting Trend trading indicator and works on all timeframes. GREEN candles show an uptrend and RED candles show a Downtrend. Arrows show when to enter the Market. Indicator has 7 Inputs: Max History Bars = On how many Bars in the Chart the indicator is drawn ATR Period = How many Bars are used for Average True Range calculation ATR Multiplier = Is used for Indicator sensitivity (Higher multiplier =

This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. Parameters Fast EMA Period: The period of the fast EMA of the MACD. Default value is 12. Slow EMA Period: The period of the slow EMA of the MACD. Def

EMA Separation Coefficient reflects the separation between short-term and long-term exponential moving average trend resistance, as well as the direction of the current movement. Pay attention to potential crossover points when the coefficient approaches zero, this may indicate an upcoming breakout or reversal. Wait for confirmation of the trend before entering the trade, and exit when the coefficient forms a max (for calls) or a min (for puts). This is a small tool to help visualize the differe

The principle of constructing indicator lines .               Profit Trade  indicator is very effective for trading. Profit Trade  is a deep development of the well-known Donchian channel  indicator. The upper (BlueViolet color) Dup and the lower (IndianRed) Ddn lines of the indicator are constructed in the same way as in the Donchian channel , based on the highest (high of High) and lowest (low of Low) prices for the previous n1 = 20 periods. The middle line (Gold) Dm is constructed in the sam

Contact me after payment to send you the User-Manual PDF File. 5W Pattern  introduction The 5W pattern occurs when the price forms an alternating 5-wave cycle with its volatility. In fact, the 5W  pattern is a price series of alternating HH or LL (higher high or lower low), which is the main characteristic of a trend. The pattern of 5W should have the characteristic of non-overlapping waves, also the points of the pattern are usually formed in Fibonacci levels. The completed pattern of 5W actua

This is a unique multi-currency trading strategy developed for trading on H1 timeframe, which allows you to determine the global market entry points and obtain the maximum profit for each transaction. The market entry point is calculated using a variety of author equations and algorithms. We recommend using the indicator simultaneously on several trading instruments . A huge advantage of Big Deals System is an information panel in which the user can see the current information on potential entry

This indicator is very effective for trading everyday. A combination of moving averages and 2X Pivots calculation to produce a very convincing signal everyday. Blue colour signals a buy opportunity. Follow the arrows for possible buy points. The Blue pivots and average line, serves as possible support. Red colour signals a sell opportunity. Follow the arrows for possible sell points. The Red pivots and average line, serves as possible resistance.  Best use on the 15 minutes, 30 minutes or 1 hour

Hello dear friend!  Here's my story. I'm fast. After many attempts to trade manually, I decided to use expert. I started writing my robot. But testing took a lot of time! In parallel, I tried other people's robots. And again I spent a lot of time testing. Night scalpers, news scalpers, intraday scalpers, and many other classes... you needed to know exactly when the robot was trading, when it was making a profit, and when it Was losing. Some robots have time-based trading features that are not de

The indicator compares quotes of the current symbol and a synthetic quote calculated from two specified referential symbols. The indicator is useful for checking Forex symbol behavior via corresponding stock indices and detecting their convergence/divergence which can forecast future price movements. The main idea is that all stock indices are quoted in particular currencies and therefore demonstrate correlation with Forex pairs where these currencies are used. When market makers decide to "buy"

MultiCurrencyWPR (MCWPR) indicator applies conventional WPR formula to plain Forex currencies (that is their pure strengths extracted from Forex pairs), market indices, CFDs and other groups of tickers. It uses built-in instance of CCFpExtraValue to calculate relative strengths of selected tickers. Unlike standard WPR calculated for specific symbol, this indicator provides a global view of selected part of market and explains which instruments demonstrate maximal gain at the moment. It allows yo

Currency Power Meter shows the power of major currencies against each other. The indicator shows the relative strength of currency/pair at the current moment in a period of time (H4, daily, weekly, monthly). It is useful for day traders, swing traders and position traders with suitable period options. Currency power is the true reason of market trend: The strongest currency against the weakest currency will combine into a most trending pair. As we know, trend makes money and all traders love tre

"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.

There are time periods in the market, when trading is highly likely to be unprofitable. This indicator warns you about such non-trading situations and helps you preserve your money and time. Parameters Remind about non-trading periods: Expiration week - remind about the expiration week Consumer index day - remind a day before the release of Consumer index day NON FARM - remind a day before the release of NON FARM Christmas - remind a day before Christmas New Year Days 25.12 - 15.01 - remind ab

A complete NNFX algorithm in one indicator. NEW: Inbuilt backtester shows historical trade stats on the chart to show which pairs are most profitable. Don't be fooled. It's not enough to simply match a strong and weak currency to trade successfully with a strength meter, you need to know the intimate details of the relationship between two currencies. This is exactly what we've done with NNFX Strength, giving you all the information you need to make solid trading decisions. Years in the makin

MetaTrader 5 version available here : https://www.mql5.com/en/market/product/24882 FFx Basket Scanner is a global tool scanning all pairs and all timeframes over up to five indicators among the 16 available. You will clearly see which currencies to avoid trading and which ones to focus on. Once a currency goes into an extreme zone (e.g. 20/80%), you can trade the whole basket with great confidence. Another way to use it is to look at two currencies (weak vs strong) to find the best single pair

It is another simple information indicator. This indicator shows the current spread of a financial instrument and the value of one point with a volume of 0.10 lot. About the Spread Spread is the difference between the Ask and the Bid price of an asset in the stock or currency exchange. Let's refer to Central Banks and currency exchange in these banks, in order to understand why Spread is so important in currency trading. In Central Banks, we always see the difference between the buying and the

Identification of support and resistance areas A useful indicator for traders completely free Can be used in all symbols Can be used in all time frames It has three different trends: short term, medium term, long term Settings: Clr1,2: You can change the color of the lines Type Trend: You can determine the trend Message me for questions, criticism and suggestions

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

The indicator is an interpretation of the Average Directional Movement Index (ADX) allowing you to determine if there is a price trend. It was developed by Welles Wilder and described in his book "New concepts in technical trading systems". The indicator shows signals on the price chart when +DI и -DI intersect and when an ADX value rises or falls relative to the +DI и -DI positional relationship. The indicator's buy signals work just like a support level, while the sell signals work like a resi

The indicator shows the High and Low levels of candles for timeframes selected in the settings. It is recommended to use it on smaller timeframes to determine the levels of higher timeframes. Parameters TYPE_LINE - type of the line (short based on the bar time, or long for the entire chart) ============= TF 1 ============= block of lines for the first timeframe TF_1 - timeframe of the first block of lines Bars_1_from=1   - Bar of the beginning of the line of the corresponding Timeframe. Bars_1

It is CCI indicator with very smooth and noiseless movement that calculates four levels of buy, sell, overbought and oversold dynamically. Professional traders know well that level of 100, 200 or -100 and -200 are not always right and need fine adjustments. This indicator calculates those levels dynamically by using mathematics and statistic methods in addition to shows divergence between indicator and price. Like original CCI, for best result you have better to set proper value for CCI period b

"Trend reversal ml4" is a unique indicator designed to determine the moments of price reversal in real time. This is a ready-made trading system for Metatrader4. The indicator does not redraw its values! Based on advanced algorithms and technical analysis, this indicator provides you with clear signals about possible market entry and exit points, helping you make informed decisions. Advantages of the indicator: high signal accuracy. the indicator itself shows the trader whether it is configur

Rua Pinbar This is an indicator to help you quickly identify pinbar candles in the chart. Can be used on any currency pair and any time frame you want. This indicator is often used to determine entry points. You can refer to the product here: https://www.mql5.com/en/users/phamruacoder/seller A product of Ruacoder Get code indicator and robot (EA) as required.

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

The Direction Line indicator shows you if the current market is in a up trend or uf ut's in a down trend. The sensitivity of the trend calculation ist customizable. You can adjust it till it fit's your strategy. Even as a beginner is this indicator easy to use and you'll see every trend. Key Features of Direction Line Real-time trend calculations of all time frames Graphical Interface  Identical calculation for all time frames Customizable trend sensivity No repainting Settings / Inputs Sen

Real Trade trades on time frames under 1 hour.  Trade in uptrends and downtrend directions.  Trade with the higher time trend directions and trade the first candle.  Use the opposite to exit or use ratio to exit 1:1 or higher along with trailing stops.  Trade Real Trends during active hours and with higher trend direction for the best results.  Load indicator in tester to study the results and potential.  Use the scalping arrows trading with the trend or use the Fib targets or both.  Recommend f

PRO version is available here: https://www.mql5.com/en/market/product/12648 FFx Universal Strength Meter is more than a basic strength meter. Instead of limiting the calculation to price, it can be based on any of the 19 integrated strength modes + 9 timeframes. With the FFx USM, you are able to define any period for any timeframe. For example, you can set the dashboard for the last 10 candles for M15… Full flexibility! Very easy to interpret... It gives a great idea about which currency is weak

Key Features: Type of Indicator: Line Break Chart Indicator Usage: Identifying trend reversals and potential market turning points. Input Parameters: The primary input parameter is 'Lines_Break,' which represents the number of lines the price needs to move to create a new line in the opposite direction. How it works: The indicator draws green and red histogram bars to represent the line break chart. Green bars indicate an upward trend, and red bars indicate a downward trend. The indicator calcul

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Intraday Intensity Index (III) for Precision Forex Trading The Intraday Intensity Index, meticulously developed in MQL4, is a cutting-edge tool designed for enhancing forex trading analysis. This indicator offers a deep

Property of Vertical Capital Edition:  Gugol_Quants   About USA INDEXES QUANT_INDICATOR: This is a indicator created by math modulation to be used as a trading tool, which was developed in MQL. (MT4) This indicator is for use only with US500(S&P500), NAS100(Nasdaq Composite) and US30(Dow Jones). Signals are activated on "Open" Candle. It’s based on Intraday/Swing Trades whose main timeframe is H1, H2, H3 and H4. However you can use it with other assets by testing with the appropriate settings. *

This indicator is designed to find the difference in MOMENTUM price and indicator.  This indicator shows the price and indicator difference on the screen. The user is alerted with the alert sending feature. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend Strong Trend Super Signal Parameters divergenceDepth -  Depth of 2nd ref. point search Momentum_Period -  Second calculation period indAppliedPrice -  Applied price of indicator indMAMethod -  MA calculation method findEx

FCK Trade Report  This indicator was developed by Fx Candle King. BEFORE CHOOSE CUSTOM PERIOD, GO TO TERMINAL WINDOW (ctrl+T), right click on ACCOUNT HISTORY and CHOOSE ALL HISTORY. This report searches the filtered data in your ACCOUNT CURRENT & HISTORY TRADE, Select your timespan for the report open and closed trades etc... Chose the report type - List only OPEN orders / List only CLOSED orders / List both OPEN and CLOSED orders

Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Fibo: from KTrade 1. Automatically calculate and analyze the band. -> Get the desired band 2.

This powerful tool helps you to easily access Fibonacci tools at different times and in different markets. This tool has the ability to send signals based on Fibonacci as well as setting alarms to be aware of broken Fibonacci levels. Among the capabilities of this tool are the following: Identifies market trends Fibonacci auto design If Fibonacci levels are broken, it sends a message Send Fibonacci signal Manuals: After selecting the target market, run the tool In the input settings accordi

Introducing Auto Trendline, the innovative MT4 indicator that automates the process of drawing trendlines on your charts.Say goodbye to the tedious and time-consuming task of manually drawing trendlines, and let Auto Trendline do the work for you! *Contact me after the purchase to send you  instructions and step by step guide. With its advanced algorithm, Auto Trendline automatically detects and draws trendlines for you, saving you time and effort.Simply attach the indicator to your chart,

This indicator is used to calculate the dollar index according to the formula of currency pairs(EURUSD ,GBPUSD,USDJPY,USDSEK,USDCHF,USDCAD)Even if the broker does not have the dollar symbol. this Indicator displays the dollar index chart in a separate window at the bottom of the chart. It also displays the current dollar index graphically. In this indicator, it is possible to set the minimum and maximum value of the indicator as well as its size scale on the chart as an input parameter, and it

Crosshair Levels : Free version of Object Synchronizer. ** No synchronization of objects among grouped charts  and no group chart features supported in this version.  Are you bored to save and load template many times for the same symbol for many chart time frames? Here is the alternative. With this indicator, you enjoy creating 3 objects. All objects that you created/modified always are moved easily with clicking the object, moving cursor to the point you wanted and clicking again).  Supported

This version of the indicator works only in the tick data stream. In this way, we only see the current situation from the moment of launch. I recommend using the classic version Real-Time Currency Valuation . The indicator calculates currency strength of eight major and also can calculate strength of any other currency, metal or CFD. Main Features It is able to display only the currencies that are currently necessary, thus not overloading you with unnecessary information and notifications. It

Pivot levels is indicator showing 7 pivot levels. It is adjusted for major use, including: all standard time frames choice of periods to show three popular calculation formulas (typical, median, weighted) 9 level Camarilla pivot pivot day shift choice of properties for lines and labels choice of showing alerts when crossing pivot lines Parameters: ----------Main parameters----------- Timeframe - time frame for pivot levels Number of periods to show - displays pivot levels for number of period

MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture,

If you like this project, leave a 5 star review. Follow on instagram: borelatech As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. This oscillator will show you the percentage variation for the: Day. Week. Month. Quarter. Year. In a subwindow where you trace yo

Fractal Divergence Channel is based on the fractal divergence patterns , representing them in the form of a channel with the borders changing the moment the next pattern appears. The upper border of the channel corresponds to the upper part of the last found bearish fractal divergence pattern. The lower border of the channel is the lower part of the last found bullish pattern (see screenshot 1). Compared to the FractalDivergence_Patterns indicator, the channel version has the same parameters wit

Welcome to Koala Fibo Base Time Welcome to Koala Fibo Time Zone Welcome to Koala Fibo Time Extention Welcome to Missed Tool For Meta Trade! Simple Introduction : Fibonacci Time Zones are vertical lines based on the Fibonacci Sequence. These lines extend along the X axis (date axis) as a mechanism to forecast reversals based on elapsed time. A major low or high is often chosen as the starting point. Distances start relatively small and grow as the Fibonacci Sequence extends. Chartists can exten

A signal indicator consisting of several well-known indicators that process data sequentially. 2 options - for schedule and basement. In the settings it is possible to enable alerts about the change of trend (alerts) sound, by e-mail and push. It is possible to change the colors and thickness of the lines, the colors and codes of the arrows, the number of calculation bars and separately configure the parameters included in the indicators.

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 “ Ticks Overcome Signal ” indicator, as outlined in your provided code, is a custom tool designed for use with MetaTrader 4 (MT4), a popular platform for Forex trading. This indicator seems to focus on tracking the momentum and direction of price movements by counting consecutive up and down ticks. Here’s an overview of the psychological aspects, logic benefits, and usage instructions for this indicator on MT4: Decision Support : Traders often face psychological challenges in decision-making

Update!   Arrows were added to the 100 and 200 levels on oscillator  MT5 version: https://www.mql5.com/en/market/product/72378 MT5 EA: https://www.mql5.com/en/market/product/82583 This indicator is accurate for accessing extremes and supports for buy positions primarily for 1 minute time frames.  Other time frames can be used but the levels are different. It's a better oscillator and compares with others to see the difference.   Day trade using neuro network concepts.  This indicator us

Hello.  Another free indicator from Sepehr! ;) You can determine the trend with this tool. Using crosses of two Moving averages, you can say that the trend is going to be bullish or bearish; A fast-moving average and a slow one. When the fast-moving crosses up the slow-moving, it's going to be an uptrend and when it crosses down the slow-moving, it means that you are going to have a downtrend. That's easy ;) Hope to enjoy it Sepehr(Faran)

Download directly the indicator file here. (if you can't open on MT4) MACD Indicator is one of the most popular momentum indicators among users. Searching and detecting MACD signals by the eye may not be easy. Scan Full Charts Dashboard Indicator with simple user interface and search customization panel saves time and scans all charts for MACD signals search and notifies the user with high accuracy. After finding the signal, the user was aware of the result by alerts and notifications. This ind

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

Chart Time Indicator is very simple and easy, but it can be very important to control the time before opening any manual trade. This indicator shows the time on the chart between 3 different options. Input parameters Show Time : Select all the time options that you want to see. Local Time (Personal Computer Time), Server Time (Broker Time) or GMT Time. Recommendations: Use only one Chart Time Indicator for each chart.

I was looking for a lean symbol changer. I could not find any. Normally other products hide lot's of screen space. So I developed a very lean symbol changer Just click on the 2 currencies you want to combine. The order does not matter. If you miss some pairs, you can add up to 5 custom symbols. Please make sure, your broker support your custom symbols. Drag an drop the panel with the green button. In future I plan to include suffix and prefix als well.

Introducing Breakout scalper system(BSS), an innovative and robust trading solution designed to elevate your trading experience to new heights. This sophisticated MetaTrader 4 compatible system is meticulously crafted to empower traders with precise buy and sell levels, strategic targets, and timely signals, all delivered with utmost accuracy and efficiency. Key Features: Buy and Sell Levels: Gain a competitive edge with carefully calculated buy and sell levels, providing you with clear entry an

TrendFinder RSI are Colored candlesticks showing the trend based on The Relative Strength Index (RSI) This indicator will give you the color change on the next bar on the confirmation candle and will never repaint   TrendFinder RSI is optimize to trade on any market and to be used trending and None trending markets. For best results use this indicator as an extra tools after you have completed your regular analysis and use it for alerts based on such analysis.

This indicator judges current trend, with Linear regression and the angle. Each parameters setting contents below. Period                    Period from current Angle                     The angle of judging the trend Width of Lines        Width of Linear regression lines* Font size                Font size of display text Lines&Text colour   Colour of display lines and test * This parameter judges that if lines spreads too wide, there is no trend.

Hallo! Ich bin Tatsuron, ein japanischer Privatanleger. Wir verwalten über 1 Milliarde Yen in Forex. Lassen Sie mich einen sehr nützlichen Indikator vorstellen, den ich verwende. The indicator that is the basis of the market price. ThreeLine has improved the Moving Average (SMA) to answer the long-term SMA numerical settings. The more you repeat daily trades and verifications, the more credible the Three Line will be. If the angle of ThreeLine is upward, it will be white. If it faces down

This indicator studies price action as an aggregation of price and time vectors, and uses the average vector to determine the direction and strength of the market. This indicator highlights the short-term directionality and strength of the market, and can be used to capitalize from short-term price movements by trading breakouts or binary options. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find market direction easily Confirm with breakouts or other indicators D

Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO The homeopathic indicator is also called the CCI indicator. The CCI indicator was propos

This indicator continuously changes the color of candlestick borders and bodies, as well as the color of volumes in real time. The indicator is easy to use. The palette of colors is diverse. This product is a graphical solution, so it is difficult to describe what it does by text, it is easier to see by downloading it, besides the product is free. The indicator is suitable for bloggers who want to create a beautiful picture of a chart for video editing or traders who want to make their chart al

1. Compound Drawings (1) Line segment with arrow (2) Continuous line segment (broken line) (3) Parallelogram (4) Polygon (5) Profit and loss ratio measurement tools 2.   Backtracking  By the Z key  in the process of drawing the line Line types that support Z-key backtracking: continuous line segments (broken line) ,channels,parallelograms,polygons, and fibo extensions. 3.Automatic Adsorption (1) Click the "Lock-Button" to switch the automatic adsorption switch before drawing the line (2)

3 strategies with RSI! Alerts! Signal freshness check! The indicator is based on the classic RSI. I recommend watching my advisor -   Night Zen EA It includes 3 strategies: Entry of the RSI indicator into the overbought zone (for buy trades) / oversold (for sell trades) Exit of the RSI indicator from the overbought zone   (for sell trades) / oversold (for buy trades) Touching the overbought limit (for sell trades) / oversold (for buy trades) The indicator provides alerts. To enable them in the s

Defines extremes. This indicator consists of two parts. The first draws lines on the chart indicating low volatility in relative daily market activity. The second is responsible for determining the extremum and gives signals to buy or sell. This system is suitable for all instruments. It is recommended to use a timeframe from m15 to h4. Before using, you need to choose the settings for yourself. Configure lines deviation. Specify volatility coefficient. Advantages The indicator does not repaint

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Bollinger Bandwidth Indicator for Advanced Market Volatility Analysis The Bollinger Bandwidth Indicator, meticulously developed in MQL4, is a sophisticated tool designed to elevate forex trading analysis. It harnesses th

The indicator rely on The Toby strategy >> The mother candle which is bigger in range than the previous six candles. A vertical line shows the last Toby Candle with the targets shown up and down. The strategy is about the closing price out of the range of the toby candle to reach the 3 targets..The most probable to be hit is target1 so ensure reserving your profits and managing your stop lose.

Variable Index Dynamic Average (VIDYA) developed by Tushar Chande  by default is contained in MT5 but not in MT4 platform and it is a dynamic EMA (Exponential Moving Average) that adjusts its Length (LB Period) automatically in response to Market Volatility originally measured through the Chande Momentum Oscillator(CMO). CMO value is used as the ratio to the smoothing factor of EMA ( The New Technical Trader by Tushar Chande and Stanley Kroll, John Wiley and Sons, New York, 1994). The higher th