Top indicators for MetaTrader 4 based on user ratings - 15

The «Madlen» lines are similar to the lines of support and resistance of horizontal or trend lines by their application.

This indicator plots in the chart base on the tick price , ie. when the price moves down 10 pips it plots the down candle and wait till the next 10 pips if move up 10 pips it plots the up candle with the other color candle to indicate the up down price

The divergence of RSI, the continuation of the divergence topic.

Another indicator that shows the tick chart, it would be useful for the pipsers. It has some features.

Another variation of the fractals.

This indicator shows some Support/Resistance lines. The number of lines is variable (max 6). The more support lines are, the stronger "bull" will be expected. It also displays entry signals.These signals may be often disappointing, but sometimes good.

This tool combines the original Bands with Bollinger Bandwidth and removes the extra window for Bollinger Bandwidth. Instead Bandwidth is now a value in the comment in the top left corner. This makes more efficient use of the chart space and still allow

A rework of a script by iliko, with the addition of the standard deviation of the estimator of the box-counting dimension

Вертикальный горизонтальный фильтр (VHF) показывает, в какой фазе находится рынок: в фазе направленного движения или застоя.

Индикатор Аппроксимации Синусоидальных волн.

This indicator for show most information about your account like : number , name , company , leverage , etc .

This Indicator shows the current pair's current spread in the upper left corner.

A support and resistance indicator to assist in setting stop losses and take profits with any strategy.

Mirror indicator in the chart. Entry Buy when Red line above Blue line dan Entry Sell when Red line below Blue line. For the Exit try to combine my mirror others indicator.

This indicator relies on price action alone - does the price break a previous High or Low?

Line indicator Parabolic SAR for the current Time Frame and the next one

Counts crosses off moving averages, it shows % that all MAs are above slower MAs

This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF.

This indicator will display a symbol watermark on the chart background, showing the timeframe and symbol name in large font.

GRUCHA Percentage Index

Many consecutive Heiken Ashi candles of the same color often indicate a soon and harsh trend reversal. This indicator shows the number of consecutive same color candles. So you can see overbought and oversold situation at first glance.

Trade with right risk !

Three main pivot points : Daily - Weekly - Monthly.

Any symbol Swap, Spread, Hi-Lo Today, Hi-Lo Week, Hi-Lo Mounth view to separate window.

Scan for conditions in which you have an interest. Show where the condition arose historically on the current Symbol and timeframe. On a separate panel, show where the condition has currently arisen for any of your chosen symbols and timeframes.

A few oscillators (RSI, CCI & PercentRange) drawn in the chart window.

The indicator displays the series of waves, breakthrough points and targets for Take Profit.

Money Management / Pivot / Daily Open / Support-Resistance / Grid / Information of all kind / Tendency indicator.

Displays a line when the markets are opened.

Uses open price on D1 timeframe and current price to calculate % change for the day, and comments it in the main chart window.

Power of CHF indicator shows actual strength of currency CHF calculated of 7 pairs that contain CHF. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR CHF, USD CHF, GBP CHF, CAD CHF, AUD CHF, NZD CHF, CHF JPY.

An implementation of the original Average True Range indicator by John Welles Wilder Jr. as described in his book—New Concepts in Technical Trading Systems [1978].

The Trend Strength Index indicator measures strength of current trend.

Candle Range MetaTrader indicator — is a very simple and lightweight indicator that displays the candle's range in pips on mouseover. In addition, to the High/Low range, it can optionally display the body size (Open/Close) for candles. Multiple display parameters are available to control how the indicator looks. This indicator is available for both MT4 and MT5 versions of the trading platform.

Negative Volume Index (NVI) is a free technical indicator for advanced chart analysis in MT4, MT5 platforms. It is based on tick volume (can be substituted with real volume in MT5) and has two useful features added:

Breakeven Line Indicator is a MetaTrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. Additionally, it will calculate the total number trades, the total number of lots, and the distance to the breakeven line in points and profit/loss. The indicator is available for both MT4 and MT5.

3rd Generation Moving Average is an advanced version of the standard moving average (MA) indicator for MetaTrader. It implements a rather simple lag-reducing procedure based on the longer MA period. The method was first described by M. Duerschner in his article Gleitende Durchschnitte 3.0 (in German). The presented version uses λ = 2, which provides the best possible lag-reducing. Higher λ increases similarity with the classic moving average. The indicator is available for both MT4 and MT5. It does not require using any DLL

Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5

Keltner Channel (MetaTrader indicator) — is a classical technical analysis indicator developed by Chester W. Keltner in 1960. The indicator is somewhat similar to the Bollinger Bands and Envelopes. It uses three plot lines: the middle line is the 10-day simple moving average applied to the typical price ((high + low + close) / 3), the upper and the lower bands are produced by adding and subtracting the moving average of the daily price range (High and Low difference) from the middle line. This way, a volatility-based channel is built. In this version of the indicator you can modify all the parameters of the MA. The indicator is available both for MT4 and MT5 versions of the platform.

Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5.