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Free Technical Indicators for MetaTrader 4 - 11

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.
Quantum Swing
Yriy Doronin
4.75 (4)
Quantum Swing 1. What is Quantum Swing The indicator calculates and displays future price levels based on quantum mathematics with high accuracy of probability and direction. Levels are displayed in the form of zones for making trading decisions; they clearly define a narrow price range for placing orders with a minimum stop-loss and maximum take-profit. The indicator displays future trading zones on different timeframes H1, H4, D, W. Quantum oscillations are also displayed without reference to
FREE
ArwByIdx MT4
Sajiro- Yoshizaki
This product receives information from indicators/signal tools and displays arrows or notifications when specific conditions are met. For example, arrows and notifications are shown when MA25 and MA50 cross, when SAR reverses, when MACD changes its plus/minus, or when the closing price crosses the Bollinger Bands. Please refer to the sample settings image for specific configurations. For detailed manuals and configuration files: https://www.mql5.com/en/blogs/post/755082 A free version
FREE
The indicator is very effective in currency exchange, for example EURUSD GBPUSD AUDUSD NZDUSD USDCHF USDCAD and it is very easy to identify the position of top and bottom. Suggest using it on the MT4 platform of SwissQuote Bank. SwissQuote Link: https://trade.swissquote.ch/signup/public/form/full/fx/com/individual?lang=cn&partnerid=daf9af43-2f95-443e-86c5-89ce1ab2bd63#full/fx/com/individual/step1 Exness Link: https://one.exness.link/a/t2v0o2v0 With a little understanding of trading and the
FREE
AIS MT4 INDICATOR 5 ALL INCLLUSIVE SET !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ! ! ATTENTION ! LIMITATION OF FREE OFFER PERIOD IS IMPLICIT ! ! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! GUIDE CHAPTER 1 IMPORTANT INFORMATION <1> THIS INDICATOR IS ONE OF THE SERIES OF NEW AIS INDICATORS AIS MT4 INDICATOR 1 =ADVANCED CLASSIC= AIS MT4 INDICATOR 2 =MULTIFRAMES= AIS MT4 INDICATOR 3 =LINES= AIS MT4 INDICATOR 4 =MARKET PROFILES= AIS MT4 INDICATOR 5 =ALL IN
FREE
ATR Volatility Alerts
Libertas LLC
4.57 (7)
ATR Volatility plots the ATR-based volatility, and triggers alerts when it crosses user-defined upper and lower thresholds (purple and tan lines, please see screenshots). Circles are painted when ATR volatility crosses either above the upper threshold, or below the lower threshold. This is a small tool custom-built by our group, by specific request of one of our customers. We hope you enjoy! Do you have an indicator you would like to see designed? Feel free to send us a message! Click here for m
FREE
MTF Fractals
Krisztian Kenedi
5 (4)
Multi timeframe fractal indicator which shows the higher timeframe's fractal point on lower timeframes. Parameters Fractal_Timeframe : You can set the higher timeframes for fractals. Maxbar : You can set the maximum number of candles for the calculations. Up_Fractal_Color, Up_Fractal_Symbol, Down_Fractal_Color, Down_Fractal_Symbol : Color and style settings of the fractal points. Extend_Line : Draws a horizontal line from the previous fractal point until a candle closes it over or a user-speci
FREE
RoundNumber
Mohamad Zulhairi Baba
4.4 (5)
RoundNumbers indicator is a simple and powerful psychological price levels. Trader usually use these levels as a Support and Resistance (SnR). Indicator Input: Levels - Numbers of levels drawn on chart. Default 30 levels. BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels. ZoneSize - Distance between each levels, default value 10pips (100point). Style & Colours - User inputs customization. For MT5 version, please r
FREE
FFx Bollinger Bands
Eric Venturi-Bloxs
4.92 (13)
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
FREE
ON Trade Marubozu Candle Pattern Indicator The Marubozu candle pattern is a powerful and straightforward candlestick pattern that can provide valuable insights into market sentiment and potential trend reversals. It is characterized by a candle with a very small or non-existent shadow (wick) at one end and a long body extending in the direction of the prevailing trend. This pattern represents a strong imbalance between buyers and sellers, suggesting that the momentum in the market is heavily one
FREE
FFx Universal Strength Meter
Eric Venturi-Bloxs
4.18 (17)
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
FREE
TDI RT Clone
Irina Polyakova
4.8 (5)
В основе индикатора TDI лежат следующие индикаторы: RSI, Moving Average, Bollinger bands, но основным из них нужно выделить RSI, весь расчет индикатора завязан от его значений. Зеленая линия (линия RSI) – сглаженные простой (по умолчанию) скользящей средней значения индикатора RSI, период сглаживания 2. Красная линия (сигнальная линия) – сглаженные простой (по умолчанию) скользящей средней значения индикатора RSI, период сглаживания 7. Синие линии – индикатор Bollinger bands по умолчанию п
FREE
O indicador TRIX, conforme o utilizado pelo grafista Didi Aguiar. Este indicador é composto pela Triple Exponencial Average (TRIX), que neste setup é utilizada com o período 9, e um sinal de média simples do próprio indicador que é utilizado com o período 4. Parâmetros: Período: 9 Sinal: 4 Os demais indicadores do sistema operacional de Didi Aguiar são: Bollinger: período 8, desvio 2 ADX: período 8 DidiIndex com médias simples, períodos: 3, 8 e 20 Estocástico: 8, 3 3
FREE
Candle Size Indicator
Luis Alberto Atuncar Sanchez
4.67 (3)
Candle Size Indicator Explore the candle size using this convenient indicator. It works across various timeframes, providing valuable insights for technical analysis. Key Features: Display the size of the candle after configuring the indicator. Compatible with all timeframes. The size of the candle is a significant metric in technical analysis, offering insights into market strength and volatility. This indicator enables clear and accurate visualization of candle sizes on your chart. Utilize thi
FREE
RSI Signals Scanner
Mihails Babuskins
4.8 (5)
RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec
FREE
Visual correlation
Andrey Tatarinov
4.17 (6)
The behavior of different currency pairs is interconnected. The Visual Correlation indicator allows you to display different Symbols on a single chart while preserving the scale. You can determine a positive, negative correlation, or lack thereof. Some instruments begin to move earlier than others. Such moments can be determined when overlaying charts. To display a tool on a chart, enter its name in the Symbol field. Version for MT5  https://www.mql5.com/en/market/product/109155
FREE
MASi Wave
Aleksey Terentev
4.9 (10)
This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d
FREE
PZ Correlation
PZ TRADING SLU
4.43 (7)
In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor
FREE
ITS FREE I Recommend   www.CoinexxBroker.com  as a great broker and the one I personally use Asia session 1:00 to 9:00 (6pm est to 2 am est) Eur means London Session 10:00 to 18:00 (3 am est to 11 am est) USA means New York Session 15:00 to 23:00 (8 am est to 4 pm est) Session indicator highlights the start of each trading session. You can show all sessions or edit the settings to only show the hours you want highlighted  (Asia) means Asian Session ,(Eur)  means London Session , (USA) means New
FREE
Color Macd Tf
Syarif Nur Arief
MACD is well known indicator that still can be use for prediction where price will go next few minutes, hours or even weekly  With colored bar of Macd, your eyes can easily catch when color is changed based what market price movement to find any early trend on market. here is the parameter of the indicator: TF_MACD , default is 1 Hour , this mean you can see clearly MACD of 1 Hour TimeFrame on Lower TimeFrame. InpPrice , default is Price Close , this is original MACD parameter from Metaquotes st
FREE
Rainbow MT4
Jamal El Alama
Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. The Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available here .
FREE
MTF Moving Average Panel
Mohamed Amine Talbi
4.38 (8)
The "MTF Moving Average Panel" indicator is more of a helping tool than an indicator, it serves to help traders to spot the trend direction without having to change the timeframe and check all timeframes. It is best used with other indicators and signals, to help filter the signals according the trend based on multiple timeframes. Indicator inputs : - Moving Average period : The period for the Moving Average. Default is set to 50 periods. - Moving Average method : The method of calculation of
FREE
Volume Bar 2 Osc
Dmitry Iglakov
4.25 (8)
This indicator displays each bar's volume in points as a histogram. The second version of the indicator. Now it is represented as an oscillator. It is more informative and functional. At that it does not load the main chart. GitHub It displays: bar's volume in points as a histogram (buffer 0) average value of the volume for the whole period (buffer 1) bars upper than the client average value with another color (buffer 2) average value of the amount of bars set by a user (buffer 3) Also: setting
FREE
Trend Change Alert
Matthieu Jean Baptiste Wambergue
Never miss a trend change again! This indicator uses various calculation methods based on price action to detect changes in the direction of the trend. It can be used on high timeframes (from H1 to D1) and is most suitable for H4 and Daily timeframe. This indicator is compatible with all broker symbols (forex, indices, CFD, commodities, crypto…). It is also possible to open the indicator on several charts to follow several symbols at the same time. In addition, you don't have to stand by your P
FREE
BB Engulfing Bar
Nedyalka Zhelyazkova
4 (7)
The indicator defines the Bullish and Bearish Engulfing Bar. The pattern has greater reliability when the open price of the engulfing candle is well above the close of the first candle, and when the close of the engulfing candle is well below the open of the first candle. For an engulfing bar to be valid it must fully engulf at least one previous bar or candle - includes all the body and the wick. The engulfing bar can engulf more than one bar as long as it completely engulfs the previous bar.
FREE
Rsi Style
Javier Morales Fernandez
Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** Please consider checking
FREE
Mirror chart
Salavat Yulamanov
4.8 (5)
The indicator, which displays two different pairs on one chart, is designed to simplify the displayed information,   Able to work with almost all instruments available in the terminal (not only currency pairs, but also metals, raw materials). Feature of using the visual correlation method for any currency pairs subsymbol. The currency pair is displayed on the screen with colored candles. This is the same correlated pair. mirroring. auxiliary currency. The indicator reflects two types of corre
FREE
WPR Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with Larry Williams' Percent Range oscillator "WPR" breaks out its historical resistance levels then higher chances emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to
FREE
This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. This FREE Version of the Scanner scans only EURUSD and GBPUSD. The full version of the sca
FREE
Bollinger Bands Breakout Alert is a simple indicator that can notify you when the price breaks out of the Bollinger Bands. You just need to set the parameters of the Bollinger Bands and how you want to be notified. Parameters: Indicator Name - is used for reference to know where the notifications are from Bands Period - is the period to use to calculate the Bollinger Bands Bands Shift - is the shift to use to calculate the Bollinger Bands Bands Deviation - is the deviation to use to calculate
FREE
PointZero
Juergen Thielen
5 (2)
Concept Market arranges in Time upcoming Phases according to the present Results of its Interest. Directing Modulations are an Interaction of immanent Periods, which show in Reference to Time cyclic Activity and to Price leveling Activity. PointZero is a projecting Price Mask of this Concept of Time and Price and categorizing developed Price Movements related to their own Range: how far moved ? indicating their Status by marking special Events: when which Action ? setting the Situation in a fu
FREE
To download MT5 version please click here . - This is vortex indicator. - It is used to detect trend strength and direction. - It consists of two line(buffers). ==> VIM and VIP - There are three types of signals related to this indicator: 1. crossing VIM and VIP 2. threshold on distance between VIP and VIM 3. VIP above VIM vice versa. - This is a non-repaint indicator with light processing.
FREE
Candlestick Patterns Scanner
Mohamed Ahmed Sh Muhumed
4.33 (3)
Please leave 5 Stars to me Candlestick Patterns Scanner  is professional indicator that will assist and alert you to identify candlestick patterns on meta trader 4 charts whenever a pattern appears on the chart. In   financial   technical analysis , a   candlestick pattern   is a movement in prices shown graphically on a   candlestick chart   that some believe can predict a particular market movement. The recognition of the pattern is subjective and programs that are used for charting have to
FREE
The Rayol Code Hour Interval Lines indicator was  designed to assist your trading experience.  It  draws the range of hours chosen by the user directly on the chart, so that it enables traders to visualize price movements during their preferred trading hours, providing  traders   a more comprehensive view of   price movements and market dynamics. This indicator allows the user to choose not only the Broker's time, but also the Local time. This way, the user no longer needs to calculate local ti
FREE
Introducing our new indicator: [ON Trade Breakout Zone] Simple Yet Powerful Market Analysis Tool for All Traders! Suitable for Both Professionals and Beginner Traders Are you ready to supercharge your trading strategy? Our latest indicator is designed to simplify market analysis and empower traders of all levels. Whether you're a seasoned pro or just starting, [ ON Trade Breakout Zone ] is your key to unlocking potential profits in the market. How to Use [ ON Trade Breakout Zone ]:
FREE
Average Bar Chart
Brian Lillard
4.5 (6)
The ' Average Bar Chart ' indicator was created to showcase the traditional Heiken Ashi calculation as an exotic charting style. This indicator is known for reducing chart noise for a smoother price action. A dditional indicators are recommended Key Features Candlesticks for OHLC are removed from the chart. Average bars may be shown as complete bars without tails. All functionality and features of this exotic chart are inputs. Input Parameters Chart Timeframe =  PERIOD_CURRENT; - period to s
FREE
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
FREE
Flat Detector
Anton Iudakov
5 (1)
Advantages: Based on classic indicators - ATR, Moving Average Determines the trend / flat in the market by coloring the histogram with the appropriate color Arrows indicate confirmed signals It is an excellent filter for channel strategies (by extremes) Settings: Наименование Описание настройки Period of Flat Detector Number of bars / candles for analysis Period of EMA Period of EMA (Moving Average) Period of ATR Period of ATR (current timeframe) Coefficient of deviation Coefficient of devia
FREE
Stochastic Arrow
Anton Iudakov
4.6 (5)
The indicator has combined 5 popular strategies. Draws an arrow after confirming a signal for the selected strategy. There are signal alerts. Doesn't redraw its values. I recommend watching my advisor -   Night Zen EA 5 strategies. The main line crosses the signal line. The main line crosses the signal line in the oversold (for buy) / overbought (for sell) zones. The main line enters the oversold (for sell) / overbought (for buy) zones . The main line comes out of the oversold (for buy ) / ove
FREE
Doji Finder
Alexander Nikolaev
The indicator searches for and displays Doji candlesticks on the chart and signals the appearance of such a candle. The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In addition to the possibility of signaling, the power of the reversal is graphically shown (the more green, the more likely growth, the more red, the price will fall). In the indicator settings, you can change the parameters of the Doji candlestick, the closu
FREE
TH3ENG CURRENCY STRENGTH SCANNER The best currency strength reader based on more than 4 excellent modes, based on Price action and Volume with various algorithms. This indicator reads all pairs data to measure and find the best results of all currencies and arrange it in a separated dashboard panel. You can find the strongest currency and the weakest currency, then trade on them pair. NOT COPLICATED NOT REPAINTING NOT LAGING Input Parameters === SYSTEM SETTING  === Calc. Mode ==> Calculatio
FREE
Bigger chart labels would allow the user to be entirely aware of which chart he/she is on. Each chart window is unique, containing different patterns and economic motives so acknowledging the chart window would be absolutely essential! There are well known Economic Time Zones included in clear view, by choice!    Simple does it! Use your computing mouse scroller, clicking with the right finger on the label, in order to customize the label properties. From there, choose your preferred color, fon
FREE
HLHB Trend Catcher System
William Jidekene Igwe
4.5 (2)
If you trade or wish to trade the popular HLHB Trend-Catcher System, then this indicator is for you! It detects when the HLHB system entry rules are met and sends out an alert in the form of notifications to your mobile phone and to your pc. By automatically sending you notifications, this indicator lessens your trading work load as you don't have to sit in from of your pc all day checking all the chats for when the entry rules are met. This indicator does all the dirty work for you. When the si
FREE
Comfortable MACD
Anton Iudakov
4 (4)
Trading with the help of the MACD indicator has become even more convenient. Flexible settings will help you choose what you really need in your trading. Use the strategy that you need - the indicator uses 3 strategies. Download the demo right now! I recommend watching my advisor - Night Zen EA Subscribe to my telegram channel, link in my profile contacts -   my profile See also my other products on mql5.com -   my products Advantages of the indicator: In this indicator, the interpretation of th
FREE
Best SAR
Ashkan Hazegh Nikrou
5 (3)
Join  Koala Trading Solution Channel  in mql5 community to find out the latest signals, news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Description :  we are happy to introduce our new free indicator based on one of professional and popular indicators in forex market (Parabolic SAR) this indicator is new modification on original Parabolic SAR indicator, in pro SAR indicator you can see cross over between dots and price chart, this c
FREE
Trend River Pro
Bhorania Dhaval
5 (1)
21 simple moving average ( All Type of 21 MA River ) 51 simple moving average Long Entry Upper 51 MA and above the 21 River Middle channel. Long Only Above Green Line (Market Opening Line)   Short entry Below the lower 51 MA and below the 21 lower channel. Short Only Below Green Line (Market Opening Line) Exit position Initial stop loss is 20 pips below (for buy) or above (for sell) Target : Next level as per indicator   Profit Target ratio 1:1.2 Download Template : https://drive.google.c
FREE
CandleCloseCountdown
Adriaan Abraham Slingerland
CandleCloseCountdown is technically an indicator. Its purpose is to show the time a candle has left on a given timeframe before it closes. All possible time frames of MetaTrader 4 are supported. The way the remaining time is displayed depends on the selected timeframe. For M1 only the seconds   are displayed. Above that at all timeframes up to H1 the remaining minutes and seconds are displayed and so on for timeframes above D1.
FREE
Candlestick Oscillator
Stephen Reynolds
4 (1)
Candlestick Oscillator is a truly unique Oscillator that uses the concepts of within candlestick trading called the Record Session High. This is a method of analysing candlesticks to gauge when a trend might be wearing out and therefore ready for reversal or pause. We call it a record session high when we get 8 or more previous candles that have higher closes. We call it a record session low when we get 8 or more previous candles that have lower closes.  We don't rely on the typical Oscillatio
FREE
For MT5 version please click   here . Introduction  Most traders use candle patterns as a confirmation tool before entering a trade. As you know there are lots of candle patterns out there. However I realized most of them can be generalized in simple rules. So I developed my own candle pattern(Although I cannot say for sure this is mine). pattern description The pattern consists of three consecutive candles. This is true for most of the patterns out there (considering there is a confirmation nec
FREE
Key Level
Lee Teik Hong
Key Level  Key Level is a MetaTrader 4 Indicator that uses a proprietary algorithm based on Price Retracement/Breakout Method to show the Entry-Line on your trading. Instead, it analyzes data of market and identify entry points and opportunities. (Price Retracement / Price Breakout) It's also a trading tool that be used to practice and enhance your manual trading skills. Key Level is an amazing tool for Scalping Trader. It also a trading tool that be used to practice and enhance your manual t
FREE
BeST DEMA
Eleni Koulocheri
4 (3)
Double Exponential Moving Average ( DEMA ) is a moving  average (MA) that gives the most weight to recent price data.Like exponential moving average (EMA), it is more reactive to all price fluctuations than a simple moving average (SMA) and so DEMA can help traders to spot reversals sooner, because it is faster responding to any changes in market activity. DEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional MAs. ( TASC_Feb. 1994 ). DEMA can al
FREE
Symbol Overlay
John Louis Fernando Diamante
5 (2)
This indicator plots another symbol on the current chart. A different timeframe can be used for the symbol, with an option to display in multiple timeframe mode (1 overlay candle per several chart candles). Basic indicators are provided. To adjust scaling of prices from different symbols, the overlay prices are scaled to the visible chart price space. Features symbol and timeframe input MTF display option to vertically invert chart, eg overlay USDJPY, invert to show JPYUSD data window values
FREE
Trend Panel
Conor Stephenson
5 (2)
Trend Panel is a simple convenient tool that will display a confirmed trending direction of timeframes M1 - D1 using ten pairs chosen by the user. The indicator is designed to add confirmation of direction into any strategy/template and then also work as a clean interactive interface to quickly change the chart to a different pair or timeframe. Group chat :  https://www.mql5.com/en/users/conorstephenson Please contact me after your purchase for set up advice and a free Expert Advisor! My product
FREE
Candle High Low Indicator showing High and Low of X candles across a line. Settings Candle number for calculation (>= 1 ) - Define the number of candles for the indicator to find the maximum and minimum of that period of candles. Continuation of the line's display to the right - If you want the High and Low line to extend to the right edge of the graph Line High Color - Set line color Line High Style - Set line style Line Low Color - Set line color Line Low Style - Set line style
FREE
False Breakout Stochastic to be used with our Elliott Wave Indicator as part of the overall strategy on trading the 5th wave. As we cannot upload multiple files, we have listed this separately. False Breakout Stochastic is best used as a confirmation tool rather than the sole signal indicator The Elliott Wave Indicator Suite is designed around a simple but effective Swing Trading Strategy. The Indicator Suite is great for Stocks, Futures and Forex trading on multiple timeframes You can find the
FREE
TG Macd 2 Line MT4
Daciana Elena Chirica
The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader5 Version |  How-to Install Product | How-t
FREE
The Hull Moving Average (HMA), developed by Alan Hull from 2005, one of the most fast-moving Average, reduce lag and easy to use to identify Trend for both Short & Long term. This Indicator is built based on exact formula of Hull Moving Average with 3 phases of calculation: Calculate Weighted Moving Average (WMA_01) with period n/2 & (WMA_02) with period n Calculate RAW-HMA: RAW-HMA  = 2 * WMA_01(n/2) - WMA_02(n) Weighted Moving Average with period sqrt(n) of RAW HMA HMA = WMA (RAW-HMA, sqrt(n
FREE
TILLSON MOVING AVERAGE Also known as TMA or T3 indicator. It is a moving average that uses EMA and DEMA in its formula and is calculated with the 3rd degree Binomial expansion. Pros; 1-       erroneous signals encountered in other moving averages ( continuous zig zag ) has been reduced as much as possible. 2-       prevented the delays seen in classical moving averages . 3-       Very successful in trends Cons 1-       It is not effective in horizontal markets. Setting parameters; period ; Altho
FREE
Highly configurable Macd indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Stochastic RSI Timeframe:  You can set the lower/higher timeframes for Stochastic RSI. Stochastic RSI
FREE
Spread and Cost pips
Alexander Shienkov
5 (4)
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
FREE
The " Multi Kernel Regression " is a versatile trading indicator that provides graphical interpretations of market trends by using different kernel regression methods. It's beneficial because it smoothes out price data, creating a clearer picture of price movements, and can be tailored according to the user's preference with various options. What makes this indicator uniquely versatile is the 'Kernel Select' feature, which allows you to choose from a variety of regression kernel types, such
FREE
AK CAP Toolbox MT4
AK Capital Markets Limited
the AK CAP toolbox free to use; it includes the same indicators we use for our daily trading and we think the simpler the better. Lightweight indicator for use on all timeframes.  that includes VWAP with vwap value indicator on top right.  3 EMA: FAST, MEDIUM, SLOW the candle timer to show how much time left in a candle.  colors and positions are fully customizable.  enjoy
FREE
BreakOut Space Center Projection
Dimitri Nepomniachtchi
5 (2)
Using the indicator you can 1 Identify the trend and follow the large and small trends by drawing lines. When the price leaves the corridor of the lines, then with a high probability the price will go to the next line and reverse on it. 2 Long-line - Lay lines along the centers of fractals, the indicator can detect the fractal of the second point (Number bars analysis). Often the price can approach the line even after a week or a month and you can open a reversal trade. If the wave has passed w
FREE
GJPivots
David Jumbo
4 (1)
1. Monthly, weekly and daily pivots are calculated with the beginning and ending data for each period. 2. This provides an easy line on the chart to identify where the pivots are and reduces error of calculation. 3. The indicator will help define very quickly the major pivots for the instrument even if you do not understand how to calculate the pivot. 4. You can also compare weekly and daily pivots so that you can better understand the position of price. 5 This indicator will help you trade more
FREE
HF Crosshair
Wong Sze Wai
4.6 (5)
For some trader's charts analysis use, specially for  multi timeframe trading strategies . When you need to check something of the time within different timeframe at the same symbol chart, even different symbol charts, this indicator will show the crosshair at sync moving. You just need to load this indicator into some charts, then the crosshair will shown automatic. 
FREE
Break Lines
Alexander Nikolaev
4.8 (5)
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
FREE
Base Trading System
Che Jeib Che Said
3.5 (4)
For Multi Time Frame version, please click here. BASE TRADING SYSTEM is a useful tool to trade with simple strategy. It draws automatically base up for long trade and base down for short trade. Clear trade when base is going opposite direction. User can trade by instant market entry or by pending order entry. It depends on user best strategy. input: Base Box Color- UP base box , DOWN base box, UP base shadow, Down base shadow.
FREE
Highly configurable Awesome Oscillator (AO) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: AO Timeframe:  You can set the current or a higher timeframes for AO. AO Bar Shift:
FREE
This indicator shows the strength of each currency compared to the US dollar by calculating the rate of change in price over a specified time period. When you open the indicator, you'll see a list of different currencies on the price chart. Each currency will have a numerical value indicating its strength level compared to the US dollar, where: If the value is higher than the US dollar, it will be displayed in green, meaning that currency is stronger than the dollar. If the value is lower than
FREE
Wave Entry Alerts Oil
Azad Amanuel Gorgis Gorgis
Wave Entry Alerts Oil is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Oil (XIT/USD) symbol. Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Traders c
FREE
Features: Find these engulfing patterns: Simple Engulf Stick Sandwich Engulf Three Line Strike Rising Three Morning Star Doji Scanner is useful to make your strategy better. Don't always go by Win/Loss percentage. Because this tool is not based on past results. Basic Settings: For All Patterns You can set: First:Last Candle Ratio This will make sure that the earlier opposite candle is at least this given ratio in height as compared to the engulfing candle. This is not checked for Three Line Stri
FREE

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