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Technical Indicators for MetaTrader 4 - 62

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.
JapaneseBreakout
Ahmet Metin Yilmaz
Instructions Attach the indicator to any chart (advised H4) Use input tabs (defaults are 5 and false ) Press ok and continue trading. Description The indicator uses a kind of pattern breakout strategy to help your trading strategy. I am using this strategy on H4 charts for many of pairs with a trailing stop and default indicator settings. Better results are shown on USDJPY, EURJPY, CADJPY, EURGBP, EURUSD, USDCAD, USDCHF, NZDUSD and GBPUSD. Trailing stops should be different for each pair. The
This is a Multiple Time Frames and Multiple Currency Pairs Indicator ( Score Board ) that shows Support and Resistance Levels from all TFs for 15 currency pairs by your choice. Support terminology refers to prices on a chart that tend to act as a floor by preventing the price of an asset from being pushed downward and can be a good buying opportunity because this is generally the area where market participants see good value and start to push prices higher again. Resistance terminology refers to
Think of the rarest pair you can think of. And I assure you that this indicator can compute it's strength. This Currency Meter will literally calculate any currency pairs, either it is the Major Pairs, Metals, CFD's, Commodities, Crypto Currency like Bitcoin/BTC or Ethereum/ETH and even stocks. Just name it and you will get it! There is no currency pair this Currency Meter can solve. No matter how rare or exotic is that currency, it will always be solved by this Currency meter which on a real-ti
This indicator implements the process of simple linear smoothing. One of the disadvantages of exponential smoothing is the rapid attenuation of the signal. This does not allow for a full-fledged monitoring of long-term tendency of a price series. Linear smoothing allows fine-tuning the signal filtering. The indicator is configured by selecting the parameters: LP - period of smoothing. The higher the value, the more long-term tendencies are displayed by the indicator. Valid values are from 0 to 2
The indicator draws channels. The estimated movement of the price within the channel is shown with a dotted line. The lines of the channel are the support and resistance lines. This allows using them in both rebound and breakout trading. The inclination of the channel allows determining the direction of the current trend, the channel width and angle allow estimating the current volatility. The channels are based on fractal bars, determined using the author's original method, 4 dimensions from th
High Volatility is an utility indicator that has the task of locating volatile candles. The recognition and counting function of bullish and bearish candles make it an excellent ally to understand the market volatility. This point often defines possible reversals and moments of continuity. A rectangle is drawn on the chart to identify the candle with greater volatility in long and in short. This indicator is very effective for short, medium, and long-term trading. An alert will notify you when a
EMA Dashboard
Chantal Sala
1 (1)
Ema Dashboard is an innovative dashboard that allows you to monitor Moving Average on multiples symbols and different timeframes. This dashboard allows you to analyze information on 28 pairs on an unique chart. Its functionality includes analysis of All Time Frames. This configuration allows you to identify the Long Term Trend with extreme ease. This panel allows you to take very important directional movements. A click on button opens a new chart (symbol and timeframe). Graphic Object Symbol
MasterArrow
Pavel Krysanov
5 (1)
Correct market entries and exits are essential for any Forex trader. MasterArrow indicator addresses this issue. It has no redundant elements and draws only buy/sell arrows. The up arrow is a BUY signal, while the down arrow is a SELL one. The indicator is simple to configure. Change the Strength parameter to configure the signals frequency. The product is based on standard indicators (MA, RSI, ATR, etc.). But it also features the custom algorithm allowing to combine them into a single tool and
Channel Reverse
Andrei Gerasimenko
Channel hybrid of the Moving Average, Bollinger Bands, RSI and CCI indicators. Unique filtering of signals without redrawing the indicator allows making various trades - both medium-term and short-term. The indicator operation principle lies in searching for the market reversal patterns. The trend reversal detection method uses the channel Triangular Moving Average, which plots equidistant non-redrawing channels with a Deviation period specified in the settings. Comparison of TMA and Bollinger B
Project Future
Evgeny Belyaev
3 (1)
Project Future is a professional arrow indicator with notification functions (alert, email, mobile). Advantages of the indicator Suitable for scalping and intraday trading. Simple and easy indicator configuration. Works on all timeframes. Does not redraw. It can be used in any financial markets: FOREX, CFD, binary options, stocks. It can be used as a stand-alone tool or in conjunction with other indicators. Sending signals to email and mobile devices. Recommended symbols USDCAD, USDJPY, GBPUSD
Wall AM
Andriy Matviyevs'kyy
This indicator identifies the current trend, thus allowing the trader to capture a maximum of strong price movements with pending order. The indicator settings are very simple and its application is intuitive. The line serves as a strong support/resistance level depending on its location relative to the price. Individual dots of the indicator mark short-term resistance/support levels. Place pending orders to enter the market above or below (taking the spread into account) those values. The indic
FREE
Unity Basket WPR (William's Percent Range) indicator combines serveral pairs' WPR to a combined basket of your defined base currency. This gives you clear trading signals along with potential TP and SL. Use the indicator along with other indicators, like ATR, to avoid flat market situations and an indicator showing you the overall trend like an MA (50). Trade with the trend. Settings Basket pairs - comma separated list of pairs (default: EURUSD,EURJPY,EURCHF,EURGBP,EURNZD,EURCAD,EURAUD) Period
The main purpose of the QQ-Deep Binary indicator is to determine the direction of the sail marked for Binary Options. It works for any currency pair, presenting better result in volatile instruments. The indicator is designed to simplify market analysis, and is based on price pattern detection strategies combined with multi-currency econometric velocity. The development team is constantly improving the functionality of the indicator. Indicator Advantages No repaint. Works on all currencies. Mu
The trend scalper candles are used to identify short-term trends based on the readings of the MACD, RSI and ATR indicators. All indicator calculations are visualized by candle colors which are overlapped on the chart. The indicator uses gray , green and red colors to paint individual candles, which gives you a lot of useful and easy to read information. Gray candles Gray candles indicate a range bound period and the information can be used to trade breakouts. Simply mark the high and low of th
Trend CD
Alexandr Romenschi
TCD (Trend Convergence Divergence) is based on the standard MACD indicator with modified calculations. It displays the trend strength, its impulses and rollbacks. TCD consists of two histograms, the first one shows the main trend, while the second done displays the impulses and rollbacks. The advantages of the indicator include: trading along the trend, entering the market when impulses occur, trading based on divergence of the main trend and divergence of the rollbacks. Input parameters Show_
The Currency Strength Index Oscillator multicurrency trend oscillator shows the interaction of the indices of the current symbol's currencies calculated on the basis of the cross-rates of Majors. Features Calculations are based on complete bars, therefore, it does not redraw. It works on any symbols that include the Majors (AUDJPY, AUDUSD, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPCHF, GBPUSD, NZDJPY, NZDUSD, NZDCAD, USDCAD, USDCHF, USDJPY). It works on
Mr Big
Pavel Verveyko
The indicator shows and highlights the chart candles, which are formed as a result of large players entering the market in large volumes. Such candles can also be formed after achieving a certainty on the market, when most of the participants hold positions in the same direction. The movement is likely to continue in that direction after such candles. The indicator highlights the significant candles from the existing ones on the chart; The indicator allows identifying the trends based on candles
The term Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. The term Oversold describes a period of time where there has been a significant and consistent downward move in price over a period of time without much pullback. Because price cannot move in one direction forever, price will turn around at some point. This indicator will show a Magenta arrow in case of Overbought condition and Aqua ar
This indicator allows analyzing the movement of prices inside a bar. The indicator draws the contours of the bars of higher timeframes on the current chart. Inputs Value TimeFrame - the timeframe to display bars NumberOfDays - the number of days the indicator calculates Bull_Body - the body color of the bullish bar Bear_Body - the body color of the bearish bar ShadowUp - the color of the upper shadow of the bar ShadowLow - the color of the lower shadow of the bar Selectable - enable/disable th
MOR Smart Gap
Vitaliy Sendyaev
The indicator finds and visualizes price gaps, which often can be used as support and resistance levels. It can display levels from different timeframes on one chart. Inputs Value Label - show/hide the timeframe of constructed levels TimeFrame - select timeframe to draw levels from DrawRangeDay - the length of the level in days DrawRangeHour - the length of the level in hours GapSizeForDrawing - a level will be drawn if gap is equal to or larger than this level in points CountDays - the number
AntiPhase
Dmitriy Zaytsev
5 (1)
The indicator identifies the trend change points. Does not redraw. Calculation is done on an active candle. Lines crossing is used as a trend change point. If the price is above the two lines, there is an uptrend. If the price is below the two lines, there is a downtrend. The indicator allows you to accurately enter the market during a trend change. It can also be used in custom strategies on a detected trend. 3 modes of notification on trend changes. Sound, arrows, sending push-notifications. I
Quantina Bitcoin Indicator
Quantina Intelligence Limited
Features: Generates BUY / SELL Signals for easy to use: You do not need to read or understand market trend lines on indicators. Quantina Bitcoin Indicator shows a little Red Arrow for SELL and a little Green Arrow for the BUY entry points above- and under - the actual bars. (Green = Bullish Trend , Red = Bearish Trend). Measured Signal Strength also has written on the chart for advanced traders. Working on every known currency pairs: It's working on major-, minor-, and cross - pairs too. Also, Q
Nizma
Andrey Kozak
NIZMA is a ready-made trading system, that is the most efficient on the EURUSD, AUDUSD and GBPUSD currency pairs. The best timeframes are M5 and higher. The system shows the market entry points in the form of arrows, and also displays the information on the strength and direction of the trend. The signals are easy to interpret. It is suitable for both novice and professional traders. With the properly selected settings, it gives the minimum number of false signals. In tests, this number did not
PS Volume MT4
Miguel Angel Vico Alba
5 (2)
Displays the volume of buyers and sellers in a more friendly and understandable. In this way we can determine more accurately if they win the bears or the bulls. There are patterns of behavior that we studied beforehand, but in essence we will serve as support at the time of making decisions. Also if we are already within the market we can confirm if is approaching a change of trend and so exit before the change of the same. Parameters Drawing Style Buyers Volume Color Sellers Volume Color Widt
The Magneto Precision Trend indicator is based on candlestick analysis. It determines the trend change on the previous candle, signal is not redrawn. Indicator setup and use Increasing the Period parameter decreases the indicator sensitivity, resulting in less frequent changes in color but filtering the market noise. However, the trend change signals will arrive visually with a delay. And, conversely, decreasing the value of Period provides more accurate but more frequently changing signals. T
The Magneto Reverse Signal indicator is based on the candlestick analysis. It identifies the reversal points. Indicator setup and use Adjustment of the indicator is reduced to selection of parameters Period (left window of the panel) and Gate (right window of the panel). It is more convenient to adjust the settings using the control panel directly on the chart. In this case, you can immediately see which optimal parameters can be used in the current market. This method is shown in the video in
RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUS
This indicator helps to define the dominant trend. The Blue line and Red line changes at incrementations of the trends. Parameters ki: factor of the delay. per: Displays the indicator period. Trend: Displays the Trend movements. Trend true.(false) X: moves the trend left and right. Y: moves the trend up and down. How to understand the status: If the arrow is blue, trend is up. If the arrow is red, trend is down.
This indicator shows the crossing between two moving averages, a slower and faster moving average. Signal show alert pop-up, when MA1 crosses above the MA2. Signal show alert pop-up, when MA1 crosses below the MA2. Inputs Value Fast MA Setup Period = 5 - period of Faster Moving Average (value 5). Mode = SMA - type of Moving Average (SMA, EMA, SMMA, LWMA). Price = Close - type of price (Close, Open, Low, High, Median, Typical, Weighted). Slow MA Setup Period = 10 - period of Slower MA (value 10
EW Oscillator PRO
Evgeny Belyaev
3 (2)
EW Oscillator PRO is an indicator for MetaTrader 4 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. EW Oscillator PRO is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. A panel for displaying the information on the indicator signals from different timeframes is located in the top left corner (see screenshot #2). Distinctive fe
This indicator shows the crossing between three moving averages (slower, middle and faster ones). When fast MA crosses up middle MA and middle MA crosses up slow MA, the bullish alert is issued. When fast MA crosses down middle MA and middle MA crosses down slow MA, the bearish alert is issued. Signals to close buy positions are generated if fast MA crosses middle MA downwards, signals to close sell positions are generated if fast MA crosses middle MA upwards. Inputs Fast MA Setup MAPeriod1 =
DYJ Stoch Controller   controller is a full currency Stoch trading system It can display the Stoch value of each currency pair from M1 to MN When the Stoch value of a cycle reaches the oversold area and overbought area, there is a color prompt, You can make the right transaction based on this information Please make an Stoch indicator template named  DYJ StochController  and save it. When you click the overbought area or overbought area with the mouse, the chart of the corresponding currency ve
PZ Wedges
PZ TRADING SLU
3 (2)
This indicator finds wedges , which are continuation patterns identified by converging trendlines surrounding a price consolidation period. It signals trades using a donchian breakout alongside the formation breakout. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Customizable colors and sizes It implements breakout signals It implements alerts of all kinds Optimal Usage To see wedges of all sizes, which can overlap, load the indicator several times on
Bulls or Bears 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 for a longer period. The growth of the indicator values ​​above zero indicates that the High for the current period is greater than the average of the maximum prices for the period chosen as the indicator parameter. This situation in most c
Trend Direction MTF
Farzin Sadeghi Bonjar
This is a multi timeframe indicator to show the direction of the trend in multiple timeframes. The calculations are based on some original indicators but with special settings that is working for years and in combination with some newer indicator formulas. The indicator has multiple arrows based on various timeframe signals so that user can clearly see which signal is for which timeframe. Also draws horizontal lines with different thickness settings and colors from various latest signals so that
Trading Chaos Map
Andrey Sinegovskiy
For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
The Magneto Volume Trigger indicator is designed for determining the volume confirmed by the candlestick pattern and predicting the trend tendency. Indicator setup and use The calculation of values is affected by two parameters - Period and Gate . The lower the value of Gate , the higher the sensitivity of the indicator. Period allows making a sample of data for the specified number of candles. The lower the value of Period , the more the indicator is adapted to the current market conditions.
The Predicting Donchian Channel indicator allows predicting the future changes in the levels of the Donchian channel based on the channel position of the price. The standard ZigZag indicator starts drawing its ray in 99% of the time the opposite Donchian channel is touched. The forecast of the channel boundary levels will help in finding the points, where the correction ends or the trend changes, an also to estimate how soon those events can occur. Configurations Period - Donchian channel calc
Macd Mtf Signal
Alessandro Cettul
MACD MTF Signal is an indicator for understanding a trend reversal in any market . It is calculated using the MACD Histogram, which results from the difference between MACD and Signal Line. The strength of MACD MTF Signal is the ability to see more time frames at the same time if they are greater than the one displayed on the chart. In this way it is possible to understand a convergence of ascent or descent on several time frames, which means a strong push in one direction or the other. Another
The  DYJ WPR - SignalSource is based on  WPR  indicator. It can be used for any currency pair and timeframe. The  WPR  recommends  Indicator values ranging between 80 and 100% indicate that the market is oversold. Indicator values ranging between 0 and 20% indicate that the market is overbought. The entry signal of this indicator is a turning point in the trend. The indicator uses analog trading technology, Provide you with indicators to evaluate the overall profit of the opening signal and c
Splash
Pavel Verveyko
The indicator identifies the most suitable moment for entering the market in terms of market volatility, when the market has the strength to move (the signal is indicated by an arrow under the candle). For each of the signals, the presence of trends on the current and higher timeframes is determined, so that the signal is in the direction of the majority of positions opened on the market (denoted near the signal by abbreviations of timeframes with a trend present). The signal appears after the c
This Indicator Shows 5 lines: Avg Buy - Average Buy price line & total size for all open long positions in your chart Avg Sell - Average Sell price line & total size for all open short positions in your chart B / E - Breakeven price line & total size for all open (long & short) positions in your chart S / L - Stop Loss price line T / P - Take Profit price line Calculation includes Commissions and Swaps Works for a specific Magic Number trades or all trades on chart All currency pairs and all cur
BinaryIndi
Andrey Kravchenko
This is an arrow indicator for binary options. It does not redraw, arrows do not disappear. The indicator implements an optional tester for visual monitoring of the number of signal and win rate. Does not require adjustment or fitting. Works on all pairs and gold. The signal appears at the close of a candle. Entry is made on the next bar. Optional alert. For trading with robots, there is a setting for the number of bars in history. If 0, the entire history is used. The EA operation time: 24/5 Wo
ThreeVS3 is a unique and high quality indicator. It is also a effective and understandable trading tool. The operation concept is on a score basis, which is ranged from -3 to +3. Thus, you can just according to the score to do the trade easily. How the Score calculated? The Score is calculated by 3 set of formulas. Each of them represent Long term, Short term, and entry level respectively. How to understand the Score? The Positive sign means favor for long position, and Negative sign means f
RealWaves
Mikhail Reva
2 (1)
The indicator shows the real waves, based on alternating upper and lower extremums of the price chart, thus displaying the wave structure of the market. When using this indicator, there is no need to manually apply the wave markup for the current timeframe. Relevance of the extremums is determined in the process of their calculation, invalid extremums are not taken into account. Upper extremums are calculated by the bars highs, while lower ones are calculated by the bars lows. Only one bar is co
Moving Band
Vijaya Kumar Hegde
Moving band is a trend based, custom indicator which combines multiple Moving Averages and Bollinger Band . Features Trend based Indicator Does not repaint No False Signals Works on all Time Frames Applicable on Forex, Indices and Stocks Input Parameters Show Indicator after Testing : True/False Sound an alert : True/False Send an email : True/False Send a notification : True/False Signals The signals are generated with intersection of multiple Moving Averages with mid Bollinger Band Buy whe
MArket Wave
Vijaya Kumar Hegde
5 (1)
MArketwave is a multicurrency, trend following indicator which combines three of the most commonly used parameters. Parameters Moving Averages Bollinger Bands Stochastic Oscillator The parameters have been customized to provide accurate signals. Signals Thick dark green up arrows - Uptrend Thin light green up arrows - Buy Thick red down arrow - Downtrend Thin red down arrow - Sell Trading tips Check the trend with thick arrows Buy or sell with thin arrows only in the direction of the main trend
This indicator displays the trend movements. Parameters XRMultiplier: XR multiplier. Line: line movement (true/false). XRzak: XRzak movements (true/false). Arrow1: arrow movements (true/false). Arrow2: arrow movements up and down (true/false). Trend: trend movements (true/false). X: move the trend left and right. Y: move the trend up and down. How to understand the status: If the arrow is green, trend is up. If the arrow is red, trend is down.
The price is moving between two curve tunnel lines in a trend. The two lines of a tunnel represent support and resistance. In an uptrend, for instance, a trade might be entered at the support of the trend line (shown by the red line in the chart) and exited at resistance of the upper tunnel line (shown by the blue line). Tunnel show trend direction for any timeframe (if you have enough bars on the chart for higher timeframes). Trend, or price tunnel, can be up, down or sideways. If the current p
This indicator is designed for plotting the linear regression channel. For convenience, it has multiple operation modes and drawing of data from the selected timeframe. Input parameters Price - the price to be used for calculation and plotting the upper and lower boundaries of the channel PriceHighLow - the value of bar's High and Low PriceOpenClose - the value of bar's Open and Close Mode - indicator operation mode Static - the linear regression channel is always plotted starting from BarStar
FutureForecastMt4
Andrey Spiridonov
1 (1)
FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values. Advantages of the indicator no repainting works on any timeframes works with any trading instruments perfectly suitable for scalping and trading binary options Parameters alert - enable/disable alerts about signals. Enabled by default. Parameters (Colors) FutureHigh - estimated High price line color. FutureLow - estimated Low price line color. Recomme
Ichimotor
Vijaya Kumar Hegde
5 (1)
Ichimotor is a trend based, custom indicator which combines the Ichimoku Cloud and Alligator Features Trend based Indicator Does not repaint No False signals Works on all timeframe Applicable on Forex, Indices and Stocks Input Parameters Show Indicator after Testing : True/False Sound an alert : True/False Send an email : True/False Send a notification : True/False Signals The signals are generated when there is intersection of the Alligator with the Ichimoku Cloud Thick green Up arrows -
Lobster
Andrey Kozak
Lobster is a ready-made trading system with a flexible market analysis algorithm. It performs most of the work for a trader. All you have to do is open and close orders following the indicator signals. The indicator will be very useful for both beginners and professionals. It is able to work with other indicators and independently. Features No signal repainting; Any pair; Any timeframe; Flexible market analysis system. How to trade When the blue arrow appears, open a buy order; When the blue
Market Pulse AM
Andriy Matviyevs'kyy
5 (1)
The indicator analyzes the direction of the short- and long-term trend over the given periods taking into account market volatility. This approach allows combining high sensitivity of the indicator with a high probability of its signals. The indicator use principle is very simple: indicator histogram above 0 is a buy signal; indicator histogram below 0 is a sell signal; The indicator is not redrawn on completed bars. This indicator is designed for trading pending orders. Thus, the confirmation
Buy Wait Sell Trigger is very easy to read and use. The one and only indicator's line (color Aqua) can be equal to a zero-line or plus/minus one-line. The zero line is characterizing the flat trend. It means that you should wait. The V-shaped impulse indicates the entrance to the opposite direction. The U-shaped impulse indicates entry orders in the same direction. If the indicator line resizes on the plus one-line, you may go Long. If the indicator line resizes on the minus one-line, you may go
Actual live calculation of the famous Renko Chart. NO NEED for offline charts. This indicator will work on your live charts like a normal indicator would do, everything will be displayed on-screen and you will be able to customize it as much as you want. Properties Variables Max Candles : Number of candles you want to elaborate Use "0" for all the candles in the chart Pips : Size of the renko brick I remember this indicator does not automatically calculates Digits from your broker, so you hav
MIG Scalper is very simple but powerful indicator. This is a very useful indicator, combined with a panel for fast trading will give you many satisfaction. This indicator can be used in any currency pairs and on any time frame, It fits at every speed of trading. Moreover, it's relatively easy to trade with MIG Scalper indicator. Arrows appear at the opening of a bar and do not disappear. This indicator produces two signals: BUY Signal: arrow aqua SELL Signal: arrow red Indicator parameters MIG
Smart Line is a trend indicator. It helps you find trend reversal points. This trading strategy is designed for trend trading. The indicator algorithm accurately determines the trend on various trading instruments, at different time intervals. The Smart Line indicator can be used as an additional tool, or as the main one. The color of the indicator lines changes depending on the current trend, as well as built-in indicators of possible entries in the position, indicated by arrows. Paramet
This is a functional extension of the ZigZagLW4 indicator. It detects the beginning of a new trend signaling of a new indicator line shoulder of a specified level. This is a stand-alone indicator, which means you do not need the activated ZigZagLW4 indicator for correct operation. Algorithm logic To understand the logic of the indicator, let's take a look at the screenshots consistently displaying the conditions for the signals formation. The chart has ZigZagLW4 indicator with the Short_term a
This indicator works on any financial instruments and time periods. The indicator contains only one parameter: nBars - number of bars for histogram's value calculation. If a Green pole rises from a Red pole above the zero line then a Long position may be opened. If a Red pole rises from a Green pole under the zero line then a Short position may be opened. The height of the each pole represents the Power of an Up/Down movement. The transition from Red to Green (and vice versa) shows change of tre
The professional line break chart generator is used to create live line break charts (i.e. 3 line break ). The chart is plotted using MT4's offline charging facility thus making it possible to trade* directly from the chart as well as attach any of the standard or custom indicators to perform technical analysis. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - t
Engulfing Candle Pattern Indicator that shows a potential zone for your trades. Often used for Supply/Demand and Support/Resistance Strategies! Indicator Properties Variables Max Candles : Number of Candles you want to elaborate Use "0" for All the candles in the chart Engulfing Size : Size of the Engulfing Candle Personally i use 2 or 3 for this setting. This setting is based on the size of the engulfing candle, more specifically, shows only engulfing that are bigger X times of the smaller ca
As all momentum indicators this oscillator is measuring the speed and change of price movement. Momentum indicator is using an overbought and oversold conditions. The SmoothingOscillatorBands indicator is using a curve bands to show those conditions instead of constant levels. If the Yellow line is over a Blue line then we have an Overbought condition and when the Yellow line start to break out below the Blue line then we have a good opportunity to go Short. If the Yellow line is under a Red lin
Percent Pivot
Chantal Sala
1 (1)
The Percent Pivot indicator is a simple indicator that calculates the main percentage values. The graphical layout makes it very similar to the traditional pivot but its internal computing system is unique and irreplaceable. Every day, the market creates new bullish or bearish rates. This indicator help you to identify possible supports or resistance levels. The main values such as 0.25% and 0.50% are good reference points to use as potential target or reversal levels. This indicator has been de
Market Maker
Chantal Sala
1 (1)
The Market Maker indicator focuses on key levels as minimum, maximum, opening and closing of important time frames. An attentive observation of these levels will enable you to identify the proper direction of the trend. On these levels the Market Makers try to make a very hunt of Stop Loss. We recommend to use Daily values on H1 chart, Weekly values on H4 chart and Monthly values on D1 charts. Use it setting all three time frames on the same chart and you will see that these levels will be a gre
Gets
Andrey Kozak
Gets is a smart trading system with complex market analysis mechanism. The operation principle of Gets is based on neural networks and diversified collection of information from various market analyzers. Then the system analyzes the statistical databases to create a general idea of the current market situation and the further price movement. The information is displayed on the screen in a simple and intuitive way - in the form of buy and sell arrows. Also, the information on the current trend st
This indicator shows the trend based on two configurable moving averages. A custom calculation shows market volatility in the lower frame. Higher bars mean higher volatility. The chart also shows suggestions for buy, sell or close with the help of arrows. It is possible to set minimum volatility for entry points and to set time filtered alerts. This indicator is useful to judge trends or market volatility, for example to catch good periods for scalping. Parameters Volatility Period - volatilit
Activity Meter
Svyatoslav Kucher
Activity Meter is designed to identify the activity of sellers or buyers, to detect the current trend, and to search for extrema, where the price may reverse and the current trend may be replaced by the opposite one. The indicator works with any symbol provided that you have sufficient history data for a timeframe the indicator is launched at. It is recommended to launch Activity Meter on M1, М5, М15. Alerts Alerts are activated when the indicator histogram crosses the dynamic level upwards fo
NostradamusMT4
Andrey Spiridonov
1 (1)
NostradamusMT4 is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price. Advantages The indicator does not redraw. It works on any timeframes. Works with any trading instruments. Perfectly suitable for scalping and trading binary options. Parameters Color - color of the ESTIMATED PRICE FUTURE line. How to work with the indicator The indicator forms the ESTIMATE
Ticks To Levels
Mikhail Kontsevoy
This indicator counts ticks and graphically displays the price levels, on which the greatest number of them was detected. Thus, it sufficiently accurately determines the levels of support and resistance. The indicator will be useful for traders who trade breakout or scalping strategies. Features Technical analysis provides several ways for finding levels of support and resistance. Ticks to Levels provides another, fairly accurate, way of determining these levels empirically. The criterion for

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