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Technical Indicators for MetaTrader 4 - 42

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.
Hull Candles AM
Andriy Matviyevs'kyy
The presented indicator colors the chart candles in accordance with the data of the Hull Momentum AM indicator. Coloring of candlesticks depends not only on the location of the oscillator histogram above or below zero. The location of the histogram relative to the signal line is also important. The indicator is part of a series of indicators - Hull Line AM, Hull Momentum AM, Hull Candles AM, Hull Signal AM . For a better understanding of the operation of each of the indicators, it is recommended
FREE
SpreadFix
Oleg Shangin
This indicator collects and organizes spread data. It is an organic add-on to my news robot, ExpertNews , which can be downloaded here . You can also watch a video about news trading using the ExpertNews robot. It is available on youtube . Unfortunately, it is not possible to place the robot in the mql5.com store, because the automatic validation of ExpertNews by the mql5 service ends in failure. In reality, there are no errors in the robot. Testing fails due to the fact that the advisor
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The Shenzhen Stock Exchange Session's Hours This indicator facilitates observing the currency pair's quotations during subsequent parts of the stock exchange session live. Before the session starts, a rectangle is drawn on the chart but not filled in with color. It means the extent of the session duration. Before the first bar enters the rectangle of the session, a sound signal or pop-up window will notify us that the session will just start. When the price graph crosses the edge of the sessi
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
DeM Signal 2 AM
Andriy Matviyevs'kyy
This indicator displays the signals based on the values of the classic  DeMarker indicator on the price chart. The DeMarker indicator can be used for determining the overbought or oversold areas on the chart. Reaching these levels means that the market can soon turn around, but it does not give signal, as in a strong trend the market can stay in the overbought or oversold state for quite a long time. As with most oscillators, the signals are generated when leaving these areas. This indicator all
FREE
Gravity Force
Salman A A A T Bakhash
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
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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
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Line on FATL AM
Andriy Matviyevs'kyy
This indicator allows you to identify a long-term trend and shorter-term price fluctuations. Indicator signals are given only after the full formation of the bar. The indicator can be used to trade any market. The indicator showed the most interesting results on major currency pairs for time periods of one hour or more. Its basic parameters perform well in most situations. At the same time, before starting trading, you should choose the most effective indicator settings for the user's trading st
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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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This indicator alerts you when/before new 1 or 5 minute bar candle formed. In other words,this indicator alerts you every 1/5 minutes. This indicator is especially useful for traders who trade when new bars formed. *This indicator don't work propery in strategy tester.Use this in live trading to check functionality. There is more powerful Pro version .In Pro version,you can choose more timeframe and so on. Input Parameters Alert_Or_Sound =Sound ----- Choose alert or sound or both to not
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This is an original trend indicator. The indicator draws three lines in a separate window. Its values vary from -1 to +1. The closer the indicator is to +1, the stronger is the ascending trend. The closer it is to -1, the stronger is the descending trend. The indicator can be also used as an oscillator for determining the overbought/oversold state of the market. The indicator has one input parameter Period for specifying the number of bars to be used for calculations.
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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
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Bar0TimeSpread
Stanislav Korotky
4.33 (3)
This is a must have tool for every trader, because this indicator provides the scoreboard with most important basic information for trading. It displays current server time, remaining time of the current bar, a calculated lot for the specified risk and free margin, characteristic bar sizes, and spreads. When placed on a chart, the indicator creates a text label in the upper right corner with the following information: -17:50 [70%] 11:42:30 SL:0 SP:17 B:A41/M39/D67 L:0.26/5% remaining time to cur
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Mars 12   is a  Pullback  indicator is a powerful indicator of Pullback trade for any par and any timeframe. It doesn't requires any additional indicators for the trading setup.The indicator gives clear signals about opening and closing trades.This Indicator is a unique, high quality and affordable trading tool.  Can be used in combination with other indicators Perfect For New Traders And Expert Traders Low risk entries. Never repaints signal. Never backpaints signal. Never recalculates signal.
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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RVI Arrows
Anton Iudakov
The indicator displays signals on the chart of the classic RVI indicator with an alert. The indicator signals after confirmation of the strategy at the opening of a new bar. I recommend watching my advisor -   Night Zen EA In the settings, you can select the following strategies: The main line crosses the signal line The main line crosses the zero level In the settings, you can change the period of the classic RVI indicator. I also recommend to look at my other developments in the market:
FREE
RedeeCash Rate of Change
Patrick Odonnell Ingle
Rate of Change Base on the formula, ROC = (Close[n] - Close[n-lookback]) / Close[n-lookback] * 100 to plot the rate of change of a currency pair price action over a lookback period, and provides two global variables, SYMBOL_ROC and SYMBOL_ROC_LOOKBACK, which represent the latest Rate of Change value and the Rate of Change at the previous lookback period. Invoking the indicator using the iCustom function, iCustom ( "Market/RedeeCash_Rate_of_Change.ex4" , Symbol (),5 , 0 ,0); and then retrieving t
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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
Binary Options Assistant (BOA) BURN Signals Indicator provides signals based on Ana Trader Binary Options Strategy. Indicators: MACD & Stochastic 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
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Non-proprietary study of Joe Dinapoli used for overbought/oversold evaluation.   Uses of Detrended Oscillator indicator Profit taking. Filter for market entry technics. Stop placement. Part of volatility breakout pattern. Determining major trend changes. Part of Dinapoli Stretch pattern.   Inputs lnpPeriod: Perid of moving average Method: Calculation method                           ********************************************************************************* If you want to know market Overb
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You have to wait the background colors, if the background's RED, you have to wait the yellow arrows to take selling orders. If the background's BLUE, you have to wait the white arrows to take buying orders. When the arrows show out, please wait for the close candles, otherwise it repaints. Please you watch the background colors, if the background's Lighter Red, that means big downtrend signals, if it's Darker Red, you have to be carefull. Because the downtrend can change to uptrend suddenly. if
FREE
Artem
Artem Konkov
4 (1)
I present an effective tool for determining the reversal on the H4 timeframe. The indicator is installed on the M30 chart. All parameters are already set.                                                                                                          Proper use of the indicator: Unfortunately, the test in the tester will not give a correct idea about the indicator, so the rent for one month is as affordable as possible. You do not need to install the file on a remote server. Install it
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Mega Alert Level
Yaroslav Varankin
Mega Alert Level : A Simple yet Invaluable Indicator This assistant delivers sound, informational, push, and email notifications of your choice when the currency pair's price touches or approaches standard support and resistance levels or any other objects on the chart that you select. The indicator attaches to horizontal support and resistance lines or any other objects on the chart that you choose, plotted on the chart using the terminal's standard tools. In the settings window, you only need
FREE
Stop Out Level Finder
Mehmet Ozhan Hastaoglu
With this app you can find the stop out level live or without opening a transaction. The application consists of 3 boxes, you can enter the amount of money in your Balance box account or it will automatically calculate the current account amount. SELL lot size and BUY lot size can be entered, or trades that are currently open will be calculated automatically. Hedge transactions are calculated automatically. If you press the S key of the keyboard, you can access the boxes with the values ente
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Moving Average is one of the indicators that is widely used in technical analysis which can help to smooth price movements by eliminating some price fluctuations that are less relevant based on past price calculations, so that an average line of price movements is formed within a certain time period. Simple Moving Average Over Flow is an indicator writen by MQL$ language that is given a special additional moving average line based on certain calculations so as to make this moving average better
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This indicator smoothes the value of CCI (Commodity Channel Index) and reduces its volatility. By using this indicator, the fluctuations created by the CCI indicator are reduced. The smoothed CCI value is placed in a buffer that you can use in your EA and strategy. Leave me a comment if you want By using this indicator, you no longer need to use the Moving Average indicator on the CCI indicator.
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The VMA is an exponential moving average that adjusts its smoothing constant on the basis of market volatility. Its sensitivity grows as long as the volatility of the data increases. Based on the Chande's Momentum Oscillator, the VMA can automatically adjust its smoothing period as market conditions change, helping you to detect trend reversals and retracements much quicker and more reliable when compared to traditional moving averages.
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. 
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Magneto Power MA
Vladimir Blednov
3 (1)
Magneto Power MA - трендовый осциллятор. Основан на классическом индикаторе moving average, но при этом имеет нестандартный способ интерпретации. Здесь нет никаких фокусов с пересечениями мувингов, только гибридная работа MA и волатильности инструмента. При этом при должной настройке может составить конкуренцию дорогим и сложным аналогам. По гистограмме индикатора легко определить текущую тенденцию, а так же исчерпало себя движение цены или ещё нет. Настройки индикатора аналогичны классическому
FREE
ADX Trend AM
Andriy Matviyevs'kyy
One of the basic rules of trading is that the trend is your friend. The presented indicator is one of the best solutions for building your own trading system. Basic rules for its use: Green line - buy trades are allowed; Red line - sell trades are allowed. The indicator displays signals confirming the development of a bullish and bearish trend using the ADX oscillator algorithm. Average directional movement index (ADX) determines a price movement direction comparing its high and low with high an
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Affine Chart
Oleg Pechenezhskiy
The indicator plots an affine chart for the current instrument by subtracting the trend component from the price. When launched, creates a trend line in the main window. Position this line in the desired direction. The indicator plots an affine chart according to the specified trend. Input parameters Maximum number of pictured bars - the maximum number of displayed bars. Trend line name - name of the trend line. Trend line color - color of the trend line. Black candle color - color of a bullis
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CHF INDEX The Currency Index Project is ONE part of a thorough 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 indicator faithfully represents the real index of a single currency present in
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NZD INDEX The Currency Index Project is ONE part of a thorough 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 indicator faithfully represents the real index of a single currency present in
FREE
Turtle ATR
Yupeng Xiao
2 (2)
This indicator was modified according to the 'Way Of The Turtle'. The ATR indicator can be used as a reference to set stop-loss or take-profit, and also can be used to confirm the daily price range (also applicable to other cycles). Calculation The true range value is calculated as follows: TR = MAX(H-L, H-PDC, PDC-L) Among them: H = Highest price of the current bar L = Lowest price of the current bar PDC = Close price of the previous bar The average true range in 'Way Of The Turtle' is calcul
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CCI Signal AM
Andriy Matviyevs'kyy
This indicator displays the signals based on the values of the classic CCI indicator on the price chart. The CCI can be used for determining the overbought or oversold areas on the chart. Reaching these levels means that the market can soon turn around, but it does not give signal, as in a strong trend the market can stay in the overbought or oversold state for quite a long time. As with most oscillators, the signals are generated when leaving these areas. This indicator allows to display three
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MP Gradient Adaptive RSI oscillator uses AMA with the basic RSI to cover the retracements with minimum lag. Trigger line crossing the oscillator will provide an entry point for trader. Settings: RSI period: period of the oscillator Sensitivity of the oscillator: controls the sensitivity of the oscillator to retracements, with higher values minimizing the sensitivity to retracements. RSI applied price: source input of the indicator Number of bars to draw: is used when the Fill Type option is n
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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
Horizontal Line Alert DEMO
Christianiel Robles Faustino
This is a Indicator that alert if price closed above/below/touched the line. ---------------------DEMO VERSION----------------------- This will only run on GBPUSD and EURUSD currency pairs only. (Full Version works on all currency pairs ) Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to mobile, Email Input alert
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With the SR Dashboard, you get a powerful tool to control some of the most important information in trading. Assemble a setup according to your strategy and get informed as soon as this setup is valid. Assign scores to defined conditions and let the Dashboard find them. Choose from Trend, Average Daily Range, RSI, Moving Averages, Pivot (Daily, Weekly, Monthly), Highs and Lows, Candlestick Patterns. Note: This indicator is the free version of the Netsrac SR Dashboard. This version only support
FREE
MQLTA Currency Strength Lines DEMO
MQL4 Trading Automation
4.5 (2)
The Currency Strength Lines (CSL) Indicator is a very useful tool for both beginner and experienced traders. This indicator is able to calculate the strength of single currencies and show them in a graph so that you can see the trend and spot trading opportunities. This DEMO only shows AUD, NZD, CAD and CHF , for full version please check https://www.mql5.com/en/market/product/22398 How does it work? The CSL Indicator gives you the possibility to choose from different methods, once the method
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This is a Demo version of PipsFactoryInd it is works only NZD/USD but full version is works on all currency pair. This indicator is a collection of three indicators, it is 3 in 1: PipsFactoryDaily Click Here PipsFactoryWeekly Click Here PipsFactoryMonthly Click Here This indicator depends on High and Low price of currency in the (Last day / Last week / Last Month) depends on user input, and then I made some secret equations to draw 10 lines. Features: You will know what exactly price you s
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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................
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Channel Hero
Evagoras Georgiou
Channel hero indicator is a special  channel which helps you to detect oversold/ overbought areas. It can be a complementary indicator for your strategy. It can be combined with bollinger bands . When price breaks above bollinger bands and upper channel hero band is above bollinger band and also the white line (middle channel hero line) is above middle BB then this point has big possibility to go up. A good closing point can be when middle channel hero line cross below middle bollinger band
FREE
MQLTrend
Mohammad Reza Aghaei
This tool helps you to control the situation at other times and include them in your trades when analyzing the market  This tool scans the market and reports the movement of the market at different times With the help of this tool, you can prevent many wrong analyzes With the help of this tool, you can have an overview of the market in the shortest time and save your time
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Fibo All
Damir Satridinov
Утилита предназначена для упрощения графического анализа.Настроив один раз , можно сохранить в шаблон,все настройки сохранятся.В настройках меняются уровни фибоначчи , цвета,стили и толщина линий также текстовые метки на кнопках.Есть возможность расширить функционал , добавить временные зоны Фибоначчи ,Фибо арки ,линии по углу ,продление прямоугольных зон до текущей цены.Присылайте рекомендации,все можно осуществить в рамках бесплатной утилиты.
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This indicator does not process the price chart data and does not provide trading signals. Instead, it is  an application to compute and display the frequency response of many conventional indicators. Moving averages like the SMA, LWMA and EMA, and  oscillators like the MACD, CCI, Awsome Osc, all have the form of digital filters. Electronic engineers use a special method to characterise the performance of these filters by studying their frequency response. Two important quantities of the frequ
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The " Candle Countdown Indicator " is a MetaTrader 4 tool that displays real-time countdowns to the next candle open. This precise timing information enhances trading decisions, making it indispensable for traders across various styles and timeframes. Customizable fonts and colors ensure seamless integration with your charts. Elevate your trading strategy with this intuitive and invaluable indicator.
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Laguerre Dots AM
Andriy Matviyevs'kyy
This indicator displays the Laguerre Osc AM indicator signals on the price chart. The presented indicator uses the Laguerre filter to build a classical type oscillator, similar in its appearance and method of application to the regular MACD. At the same time, this tool is much more flexible in settings compared to the usual MACD and, thanks to the Laguerre filter, is more sensitive to price movements. Laguerre Osc allows you to choose the parameters in such a way as to be effective for almost an
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TTF Candles AM
Andriy Matviyevs'kyy
5 (1)
This indicator displays the moment when the TTF oscillator crosses the zero value, and the moment when the TTF oscillator crosses its smoothed value. Crossing the zero value by the TTF oscillator is a buy/sell signal. If the TTF oscillator crosses its smoothed value, it is a signal of a trend change. The signal is given after the end of the formation of the candle. The signal is confirmed when the price crosses the high/low of the bar on which the signal was given. The indicator does not redraw.
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Chainsaw 2 AM
Andriy Matviyevs'kyy
A quick indicator with simple settings that does not take up much space in the working window and is displayed as simply as possible. The indicator analyzes the ratio of maximum and minimum prices for selected periods. Visually, the indicator is similar to its first version (Chainsaw AM), but a completely different principle is used for calculation. The indicator allows you to clearly determine the medium/short-term trend and support/resistance levels at points where the trend direction changes.
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Laguerre BoB AM
Andriy Matviyevs'kyy
5 (1)
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
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Percentage
Luis Alberto Atuncar Sanchez
Daily Percentage and Current Candle Would you like to know how much an asset has risen or fallen in a day or in the last candle? Do you want a numerical reference for the strength and direction of price movement? Then, the Daily Percentage and Current Candle indicator is the tool you need. The Daily Percentage and Current Candle indicator shows you the percentage increase or decrease of an asset in the current day or in the last candle, depending on the timeframe you choose. The indicator allows
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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
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Dynamic Price Volatility Indicator (DPVI) The Dynamic Price Volatility Indicator (DPVI) is designed to provide traders with valuable insights into market volatility and potential price movements. It combines elements of volatility analysis and trend identification to assist traders in making informed trading decisions. Features: Dynamic Volatility Bands: utilizes a proprietary algorithm to calculate dynamic volatility bands that adjust in real-time based on market conditions. These bands act
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HyperSignal 3 AM
Andriy Matviyevs'kyy
The  indicator generates signals for opening positions. The principle of operation is to compare the current closing price with the closing price range for a longer period. The signals are confirmed when the price exceeds the High/Low of the bar where the indicator generated the signal.  Maintenance of an open position is carried out on a smaller TF. Indicator signals to open an opposite position on a smaller TF are a signal to close the deal. This indicator does not repaint or not recalculate.
FREE
Pattern Finder Demo
Emanuele Cartelli
1 (1)
Pattern Finder Demo is the free version of Pattern Finder , a MULTICURRENCY indicator that scans the entire market seeking for candlestick patterns in 15 different pairs/currencies all in one chart! This demo has all the functionality of the version on payment except the number of patterns at disposal that are lowered to 4 only (from 62). You can also filter the scanning by following the trend by a function based on exponential moving average. Indicator parameters Alerts ON/OFF: Alert on scree
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Power Trend Free
Yurij Kozhevnikov
5 (2)
Power Trend Free - the indicator shows the trend strength in the selected period. Input Parameters The indicator has three input parameters: Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn. Applied Price - the standard "Apply to:" set meaning data used for the indicator calculation: Close - Close prices; Open - Open prices; High - High prices; Low - Low
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RJT Gliders for MT4
Rafael Jimenez Tocino
1 (1)
This indicator helps you determine the evolution of the price depending on how these fly objects are shown in the chart. When the gliders opens their wings considerably warns us of a possible change in trend. On the contrary, when seems to get speed (looks thin because lines of wings are grouped) demonstrates safety and continuity in trend. Each wing of a glider is a directrix between the closing price and the high/low prices of the previous bar. The color (green/red) of each glider foresees bet
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R Multiplier
Sivaramakrishnan Thavasi
The   risk-to-reward ratio   is used for assessing the potential profit (reward) against the potential loss (risk) of a trade. Stock traders and investors use the R/R ratio to fix the price at which they'll exit the trade, irrespective of whether it generates profit or loss. A   stop-loss   order is generally used to exit the position in case it starts moving in an opposite direction to what a trader anticipated. The relationship between the risk and reward helps determine whether the potent
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Limit Line AM
Andriy Matviyevs'kyy
This indicator is a line constructed based on the maximum/minimum values ​​that go beyond the channel from the maximum/minimum prices for a longer period. In fact, two types of channel are used simultaneously: The first one is built based on the highs/lows for the selected period (Ind_Period); The second one is built based on the smoothed value of the maximum/minimum price values ​​(Smoothing_Channel, Shift_Channel). To calculate the indicator, the highest/lowest value of the two channels is tak
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RVI Signal 3 AM
Andriy Matviyevs'kyy
This indicator displays RVI indicator signals. The main point of Relative Vigor Index Technical Indicator (RVI) is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or energy, of the move is thus established by where the prices end up at the close. To normalize the index to the daily trading range, divide the change of price by the maximum range of price
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DF Signal AM
Andriy Matviyevs'kyy
DF Signal AM - this is an indicator that marks on the chart the moments when the price direction changes. The indicator uses adaptive digital filters for analysis. Digital filters are (simplified) a way to smooth data. Unlike traditional moving averages, a digital filter will be more effective in most cases. The indicator does not redraw, the signal is generated after the candle is completed. It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maxim
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CCI Candles 2 AM
Andriy Matviyevs'kyy
The indicator colors candlesticks of the price chart in accordance with the data of two CCI indicators from different timeframes. If both CCI indicators are above 0, the indicator paints the candle in the color that signals about price growth, and vice versa. The indicator allows to efficiently follow the trend, track short-term price rollbacks, and also to identify price reversals. The indicator does not redraw. Settings CCI1_Period ( >1) - period of the fast CCI osc; CCI1_Price - price of th
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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
Angle Of Price
Biswarup Banerjee
1 (1)
Angle of Price It is a trend following indicator. The idea behind this indicator is very simple. it calculates the angle of certain price type with its N candle back price type. When the price is moving toward upward direction positive angle histograms will be created and vice versa for downward direction. There are couple of price type supported in this indicator. Which is as follows Close Open High Low Median Typical Weighted When combined with other indicators it could be used as a very power
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TTF Line AM
Andriy Matviyevs'kyy
The indicator analyzes TTF and ATR data to define the current trend and allow traders to gain maximum profit from strong price movements. The indicator is intuitively clear: line direction change - trend direction change. Change of the line color warns of a coming direction change. Customized parameters: Ind_Period (>1) - TTF calculation period; Sensitivity (>1) - ATR sensitivity. Alerts - show a dialog box containing user data; Send_Mail - sends an email using an address specified on the Em
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TTF Osc AM
Andriy Matviyevs'kyy
This indicator displays the moment when the TTF oscillator crosses the zero value, and the moment when the TTF oscillator crosses its smoothed value. Crossing the zero value by the TTF oscillator is a buy/sell signal. If the TTF oscillator crosses its smoothed value, it is a signal of a trend change. The signal is given after the end of the formation of the candle. The signal is confirmed when the price crosses the high/low of the bar on which the signal was given. The indicator does not redraw.
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As simple to use it as any other moving averages, e.g. SMA , follows the trend and filters out the noise. Minimalist parameter set: Period:           number of calculated bars; the larger, the smoother (default: 63, minimum: 4) MA method: use LWMA or EMA (default: EMA) Price:            applied price (default: Typical) Shift:              shift right for prediction purpose (default: 0) Although moving averages are fundamental to many technical analysis strategies, you ought to combine it
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Arlene Sessions Background is an indicator that draws colored rectangles on the chart depending on your session, within the price range that has moved and when the sessions overlap, it will be painted in a color that will be the mixture of the colors of the respective sessions. You can see the version 2 here:  https://www.mql5.com/en/market/product/68934 Inputs NumberOfDays AsiaBegin AsiaEnd AsiaColor EurBegin EurEnd EurColor USABegin USAEnd USAColor If you only want to paint a session on yo
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Zone Trade AM
Andriy Matviyevs'kyy
The indicator is based on the elements of Bill Williams' trading system. Sell signals are formed when MACD and OsMA values are falling simultaneously (Bill Williams calls these indicators АО and АС in his book), while buy signals appear when both indicators are rising. Thick and thin colored histograms match MACD and OsMA values. If the histogram is greater than 0, the indicator value is rising. Otherwise, it is falling. Positions should be opened when the price exceeds the bar's high or low, at
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