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Top indicators for MetaTrader 4 based on user ratings - 4
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This indicator uses the position and direction of 7 pairs to gauge the overall effect that (by default) the USD currency may have on the pair that you are trading. Base currency can be changed.
Possible uses: Mark session open/close, mark time of regular news release, any other relevant time.
Indicator Waddah_Attar_Explosion is very powerful. It alerts you to buy , sell , exit buy and exit sell.
This indicator will detect divergence between the price and OsMA indicator. It will give buy or sell signal according to the type of divergence that was detected.
The indicator shows the beginnings and the ends of three trading sessions: Asian, European, and American.
This indicator uses a combination of Bollinger Bands and Keltner Channels to capture moves from low to high volatility.
Zero values characterizes the Flat Trend. V-shaped pulse indicates the entrance to the opposite direction. U-shaped ilpuls - entry in the same direction.
Two modified COG indicators. Center of Gravity on Stochastic in sub window and enhanced On Chart COG.
This FX5_SelfAdjustingRSI idicator draws RSI self adjusting overbought-oversold that were suggested by David Sepiashvili.
Modified Nick Bilak's b-clock with spread (ask-bid) and font customization (font, color, size).
Scans multiple symbols looking for when the price crosses a pivot point or when xxPoints Near or bounce off pivot then it alerts the trader.
Displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage.
The TRIX indicator represents the rate-of-change percentage, smoothed by the exponential МА of the closing price.
This is indicators used divergence theory. Red arrow = sell signal and green arrow = buy signal.
A trend following indicator that implements Dennis Gartman and Bill Eckhart trading system. Commonly known as "The Turtle Trader".
This indicator will Draw Fibonacci Tools such as Retracement, Arc, Fan, Expansion, Time Zones. Based on ZigZag indicator.
Connect your indicator to Telegram with 3 lines of code This sample code enables to connect your indicator to Ofir Blue, the first trading application for Telegram
This is another flavour of the original divergence indicator. It detects divergence between price and MACD indicator and gives Buy or Sell signals according to the divergence type.
This indicator places semaphore points on the maximum and minimum of a higher, medium and lower period. Similar to Advanced Get, but without waves numeration.
An effective trade system, it determines the levels of support/resistance, rollback, trend reverse by a complex mathematical algorithm.
The MACD Ichimoku indicator uses the Ichimoku structure but applied to MACD values. It tells an entire story in itself which is one of the Ichimoku system strengths.
The purpose of the present code is to demonstrate how easy it is to create color scales, color gradients and heatmaps with the MQL4 language and functions.
The Mass Index is intended for detection of trend turns based on changes in the bandwidth between the maximal and the minimal price. If the bandwidth expands, the Mass Index increases, if it narrows, the index decreases.