Free Technical Indicators for MetaTrader 4 - 23

O Afastamento da Média Móvel, é uma poderosa ferramenta de análise técnica projetada para fornecer uma representação visual do afastamento entre o preço atual e uma média móvel específica. Este indicador, desenvolvido para o MetaTrader, oferece aos traders uma perspectiva clara das mudanças na dinâmica de preço em relação à tendência de médio prazo. Versão MT5:  https://www.mql5.com/pt/market/product/111704

Candle size oscillator is an easy to use tool to figure out candle size from highest to lowest price of each candle. It's a powerful tool for price action analysts specifically for those who works intraday charts and also a perfect tool for short term swing traders. Kindly note that you can also edit the Bullish and Bearish candles with different colors. #Tags: Candle size, oscillator, price action, price range, high to low, candle ticks _________________________________________________________

The indicator still has a few bugs but is ready for testing. This is my first indicator that determines entry and exit points. The entry point is based on breaking the peaks determined by a channel indicating highs and lows (invisible channels). TP1 is a probable target at which most positions can be closed. The channel determining the opening and closing of positions is based on different assumptions. The red stop loss line is determined based on lows and highs. The stop loss can be adjusted

Индикатор сглаженного Moving Average (xMA) Входные параметры: xMA Period - период усреднения xMA Method - метод усреднения  ( 0-SMA | 1-EMA | 2-SMMA | 3 - LWMA) xMA Price - используемая цена ( 0 - CLOSE | 1 - OPEN | 2 - HIGH | 3 - LOW | 4 - MEDIAN | 5 - TYPICAL | 6 - WEIGHTED) xMA Color - цвет индикаторной линии xMA Width - толщина индикаторной линии Принцип работы Индикатор перерассчитывает стандартный технический индикатор Moving Average (дважды усредняет получаемые значения iMA). Перио

Description: Expand the width of your candles horizontally in MT4 to improve visibility when zooming in or out of the chart. Once attached to the chart, the indicator will automatically double the size of the candles compared to their normal value. Main indicator inputs: Body: size of the candle body Wick: size of the candle wick Additionally, you have the option to change the color of the candle body. We hope you find this free and useful indicator enjoyable!

The  Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indica

The indicator informs when the current bar closes and a new bar opens. TIME is an important element of trading systems. BarTimerPro indicator helps you CONTROL THE TIME . Easy to use: place on the chart and set “alarms” if it necessary. In the tester, the indicator does not work. Key Features Shows the time elapsed since the opening of the current bar Indicator Updates Every Second  Setting the appearance (31-36) and the location (21-24) of the indicator, changing all texts (41-50). 4 types of

STOCHASTIC Dashboard Panel   This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to  STOCHASTIC . In technical analysis of securities trading, the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr. George Lane developed this indicator in the late 1950s.[1] The term stochastic refers to the point of a current price in relation to its price range over a period of time.[2] This method attempts to pr

This indicator is a custom indicator in the MetaTrader platform, used to analyze price movements and identify potential entry and exit points based on several criteria, including Moving Averages (MA), MACD, Momentum, and Force. Here’s an explanation of how it works: ### General Structure - **Inputs**: The indicator contains a set of adjustable inputs, such as the period for the moving average, its calculation method, MACD settings, Momentum, and Force settings. - **Variables**: Several va

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

This is a multi time frame demand and supply indicator for MT4 platform.  You can use multi time frame demand and supply levels on smaller time frames.  Additionally you can choose to kill every level has has been tested. you have narrow bands that is you can select the whole demand and supply level or just a narrow section Finally, you also get price range for the zones. Awesome

パラボリックのデータをもとにトレンドの方向性を1分足から月足まで表示します。 1分足から 月足 まで表示されているので今どの方向に価格が動いているのかがすぐに分かります。 更新はティク毎ではなくディフォルトでは1秒毎、もちろん変更も可能なのでチャートの表示が遅くなるようなことはありません。 機能： どの通貨でも表示可能になります。 パラボリックの数値を変更することは可能になります。 上昇時と下降時のアイコンの色を指定することが可能になります。 表示位置（Y軸）が変更可能 になります。   表示位置 (左上 、 右上 、 左下 、 右下） が 指定 が可能 になります。 フォント を指定することが可能になります。 フォントサイズ が 変更可能 になります。 アイコンのサイズ が 変更可能 になります。 週足、 月足  の非表示 が 可能 になります。

Active Price Lines Indicator gives you full custom control over the Bid and Ask price lines, both color and style.  Color control is also customizable based on increased or decreased price by the tick. Options include: Show both the Bid line and the Ask line Set unique color for each Set unique line style for each Set unique color for increased price (by the tick)  Show only Bid line Show only Ask line Rider Capital Group

AD Trend line draws trend lines on the basis of A/D indicator (Accumulation/Distribution). When A/D indicator breaks a trend line, the probability of the trend reversal is very high. This is a multitimeframe indicator which can display values from higher timeframes. Parameters Time-frame — Select a timeframe; zero is the current timeframe of the chart; Trend Line — Display lines on the chart; Apply to — Apply lines to close the candle's highest/lowest value; Width line — Width of the line; Style

Trading is about waiting for the right time. This indicator was created to know what is happening on our charts without having to cover the screen with indicators. In addition, it has several types of alerts that allow us to dedicate our time to other things until something interesting happens. You can use multiple alarms at the same time. It is not a problem. By default AlterAlert offers us alerts when the following indicators give us a signal: Moving average (MA crosses) Stochastic Oscill

Free version. Only works on EURUSD. Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The dat

TIRED OF HAVING TO CALCULATE THE LOTSIZE EVERY TIME? This indicator will do it for you, WHATEVER ASSET YOU CHOOSE in  10 seconds !!! INSTRUCTIONS The things to do in order to activate this indicator will take around 10 seconds once you understand how to use this indicator properly. Here are the steps to follow: Place the indicator on the chart of the asset you want to trade on. Go to " Inputs ". Enter where you want to set the stop loss .  Choose risk in $ . You can also

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

The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa

Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by  Joseph Granville. However instead of trending lines, this indicator shows volume cross over.  When  the closing price of an asset is higher than the previous  closing price, then the Bull volume is greater  than zero and Bear volume is negative. It suggests that buying volume is dominating, a

"Trend Guide" is an indicator showing the trend direction based on a fast and slow moving average. Everything is simple and most importantly convenient. Indicator Parameters : "_fast_moving_average_period" - The period of the fast moving average;           "_ Slow_Moving_Average_Period" - The period of the slow moving average; ;                            "_MA_SHIFT " - Moving average shift; "_MA_METHOD " - Averaging method; "_APPLIED_PRICE " - Type of price calculation; "_line_wi

The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than

The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the indic

This is a very fast and not redrawing ZiGZag; it supports switching the segments at breakouts of price levels located at a specified distance (H parameter) from the current extremum. MinBars parameter sets the depth of history for drawing the indicator; 0 means drawing on the entire history. SaveData parameter allows writing the coordinates of extremums to a file (time in the datatime format and price). Some statistics calculated on the basis of the ZigZag is displayed in the form of comments.

Presentation Doji Engulfing Paths enables to get signals and data about the doji and the engulfing patterns on charts. It makes it possible to get opportunities from trends, and to follow the directional moves to get some profits on the forex and stocks markets. It is a good advantage to take all the appearing opportunities with reversal signals and direct signals in order to obtain some profits on the forex market. With the demo version, only the signals starting with the 20th candle or bar are

It is a demo version of Advanced Arrow indicator It works only on GBPJPY but the full version works on all currency pairs. Features Simply it gives you entry point ,SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint. Indicator parameters Indicator Version : choose V5 or V6. TP 1 Line color : TP1 color. TP 2 Line color : TP2 color. TP 3 Line color : TP3 color. TP 4 Line color : TP4 co

A new interpretation of the classical indicator in the form of an oscillator for a more accurate representation of the situation on the market. Less lagging than the standard Alligator. All settings are fully accessible, such as the type and prices for which it is built. Thanks to the additional parameters, it became possible to fine tune. Distinctive features Does not redraw. Additional parameters for fine tuning. Works on all timeframes and symbols. Suitable for manual trading and developm

Hallo! Ich bin Tatsuron, ein japanischer Privatanleger. Wir verwalten über 1 Milliarde Yen in Forex. Lassen Sie mich einen sehr nützlichen Indikator vorstellen, den ich verwende. The indicator that is the basis of the market price. ThreeLine has improved the Moving Average (SMA) to answer the long-term SMA numerical settings. The more you repeat daily trades and verifications, the more credible the Three Line will be. If the angle of ThreeLine is upward, it will be white. If it faces down

CCI Trend Finder indicator with different colors at levels 0, 100 and -100. The cross is a signal for "123 Exit" as presented by MPlay and used in Woodies CCI system. This exit signal is effective especially in short-term breakout trades, because it prevents early exiting at small corrections.  This indicator is great for having it as an extra tool for your analysis.

1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 5、能利用键盘的的上下键切换货币对，左右键切换周期 1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 5、能利用键盘的的上下键切换货币对，左右键切换周期 5、能利用键盘的的上下键切换货币对，左右键切换周期 1、能显示货币之间的强弱 0是最弱 7是最强 2、能显示28个货币以及黄金 原油的 涨跌幅度 3、能切换货币对 4、能显示持仓订单的货币对 5、能利用键盘的的上下键切换货币对，左右键切换周期

Introducing Austin RSI—an innovative indicator designed to elevate your forex trading strategy by applying moving averages to the MetaTrader 4 indicator, RSI. The Relative Strength Index (RSI) is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is used to identify overbought and oversold conditions in the market. Traders often use RSI to gauge the strength of price movements and anticipate potential trend reversals. Aus

Description This scanner uses 3LZZ TRO ex4 and scans for Semafors at given “Shift” bar. Scanner Detailed Settings: https://www.mql5.com/en/blogs/post/747456 Other Settings: Set Periods for Semafor 1,2,3 Set alerts on/off for Semafor 1,2,3 Shift bar (Bar on which semafor is scanned) Refresh After Ticks (Number of ticks when dash is refreshed) This scanner is pretty simplistic version. And a more detailed version with a different strategy is available here: https://www.mql5.com/en/market/produ

The indicator calculates the average price velocity over the specified time period. It is known that the trading time flows unevenly, in bursts. It either goes faster, or slows down. This indicator will tell if the trading time has accelerated and it is necessary to go to the smaller timeframes to search for trade signals. Usage Alert is generated when the price velocity exceeds the specified threshold. The threshold value can be modified using the buttons on the information panel. A .wav file

This indicator is an addition to "Trend Edges." The "Trend Edges histogram" indicator determines whether the trend is rising or falling. It is suitable for any time frame (tested on DAX). Find a trending pair, index or CFD. Additionally : -Sound alert on trend change. -Alert Notification -Alert Notification on your mobile phone Check my other indicators.

Trendfinder MA Pro are based on Colored candlesticks showing the trend based on two Moving Averages as Signal and two Moving Averages as a Buy and Sell Zone, the slope of the slow Signal moving average and ATR and Volume increasing. This indicator will give you the color change on the next bar on the confirmation candle and will provide alert on Buy and sell signal, when it enters the buy and sell zone and when the market test the buy or sell zones as support or resistance and will never repain

This indicator is based on Bulls and Bears oscillators, both exposed on Dr. Alexander Elder's book: "Come into my trading room". "Elder Ray" was made with the purpose of identify bulls and bears pressure in the markets. The indicator is basically the union of this two mentioned oscillators but on an efficient way to facilite getting price patterns, divergences, etc. Default parameter is EMA 13. 

The intention of the dashboard is to provide a quick overview of the daily, weekly and monthly range of configured assets. In "single asset mode" the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. If a configured threshold is exceeded, the dashboard can send a screen alert, a notification (to the mobile MT4) or an email.  There are various ways of using this information. One approach is that an asset that has completed nearly 100% o

The classic idea of comparing the size of candles. Above / below - the average for a certain period. Usually used on D1, W1 and higher timeframes in candlestick analysis patterns. But you can also use the data from the indicator in your analysis system. The data is presented as a histogram in a separate window. The averaging method can be selected in the settings.

Multi-Asset Forex Scanner This indicator allows you to scan multiple assets at once, sending you configurable alerts when any asset touches daily pivot levels 1, 2 or 3. The original code was just modified to send alerts to MT4 Desktop, MT4 Mobile or Email. (Credits for the original code go to Carlos Oliveira) In order to receive mobile or Email alerts you must configure Notifications and Email sections in the MT4 platform. In addition to pivots, this indicator also shows ATR, Volume,

Introducing CCI Jurik—a dynamic indicator designed to elevate your forex trading experience by integrating custom moving averages based on the Commodity Channel Index (CCI) with the MetaTrader 4 indicator, CCI. Jurik moving averages are renowned for their accuracy and reliability in analyzing price movements in the forex market. They offer traders a smoother representation of price action, reducing noise and providing clearer signals for identifying trends and potential reversals. The Commo

This indicator implements the original “ Average True Range (ATR) ” developed by John Welles Wilder Jr. , as described in his book— New Concepts in Technical Trading Systems [1978] . It uses Wilder’s moving average , also known as the smoothed moving average (SMMA) , instead of a simple moving average (SMA) as used on MetaTrader’s built-in ATR indicator. The default period applied is 7, instead of 14, as per the description in his book.

Индикатор сглаженного MACD (xMACD) Входные параметры: Fast EMA Period - период быстрой EMA Slow EMA Period   - период медленной EMA Signal SMA Period   - период сигнальной SMA Applied Price - тип цены (0 - CLOSE | 1 - OPEN | 2 - HIGH | 3 - LOW | 4 - MEDIAN | 5 - TYPICAL | 6 - WEIGHTED) Принцип работы Индикатор перерассчитывает стандартный технический индикатор MACD (дважды усредняет получаемые значения). Индикаторный буфер не перерисовывается.

Having trouble marking where the various forex sessions start and end? Or perhaps your strategy requires you trade only in a specific session, then this is for you. The session indicator shades the session you require in a certain color so that you can identify it easily. The sessions shown include: London session, New York session, Asian Session, Asian - London overlap and London - New York Overlap. Difference source give varying time ranges for the various session, mostly differing by not

Todays High and Low This indicator draws lines at the highest price of the day and at the lowest price of the day. Both lines are ended with labels with the maximum and minimum prices written. Lines and labels are moved according to the chart progress in real time. The indicator works on all chart time intervals. You can change and set colors and shift the chart. The indicator allows you to observe the price movement on the chart and not lose sight of the price maxima and minima achieved.

This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second i

Полная версия индикатора находится здесь . Индикатор предназначен для торговли внутри дня. Строит канал по пробою крайних уровней которого вы можете открывать ордер на покупку или продажу. Во флетовом рынке работа ведётся на отбой от этих уровней. Для фильтрации входов используется цветная гибридная скользящая средняя. Настройки по умолчанию предназначены для терминального времени GMT +3 (подходит для большинства брокеров) и для терминалов с пятизначными котировками. Индикация канала и уровней

RSI Bands is a powerful indicator which displays an upper and lower band corresponding to the RSI overbought and oversold levels. The band shows what price must be reached during that specific candle in order for the RSI overbought/oversold level to be reached. This is an extremely useful tool for spotting when a trend has begun and when a trend is about to end. The indicator provides buffers, allowing you to use it in your own Expert Advisor. Please message me if you have any questions. CURRE

The   currency strength momentum   has a lot of similarities with   currency strength meter   presented in the previous page, but the difference are much more pronounced. You can try putting both in the same chart and see the difference in results.   Currency strength momentum   measures strength of a currency based on (you guess it) it's momentum relative to other currencies, while   currency strength meter   measures the strength of a currency based on pips it has moved in a certain direction.

Panelux - информационная панель показывающая актуальную информацию для трейдера, такую как: Номер торгового аккаунта и торговое плечо; Символ, период, последнюю цену, время до закрытия бара и спред; Отдельный блок для мани менеджмента; Данные свопа инструмента; Блок информации о депозите, балансе, профите, позициях, equity и margin; Блок о прибылях и убытках за год, квартал, месяц, неделю и по последним пяти дням. Имеется опция для включения отображения совершенных сделок на графике цены. Что уд

Introducing Momentum Jurik—an innovative indicator designed to optimize your forex trading strategy by incorporating custom moving averages based on the Momentum indicator with the MetaTrader 4 indicator, Momentum. Jurik moving averages are renowned for their precision and reliability in analyzing price movements in the forex market. They provide traders with smoother representations of price action, reducing noise and offering clearer signals for identifying trends and potential reversals.

Индикатор показывает максимальное отклонение от скользящей средней за заданный период. Границы канала могут послужить своего рода зонами перекупленности/перепроданности, от которых может произойти откат цены к центру канала. За этими уровнями и стоит искать дополнительные сигналы для входа в сделку.  В настройках индикатора всего 2 параметра -  период, за который будет расчитываться индикатор и метод усреднения скользящей средней.

O Chart Control é um indicador que permite de forma rapida e pratica alterar o timeframe e ativo do grafico, possibilitando que voce possa fazer todas as suas analises em apenas um grafico sem precisar abrir vários, além disso voce pode escolher o entre os temas claro e escuro para o qual melhor se adapta a sua preferencia. MT5:  https://www.mql5.com/pt/market/product/109444

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

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

Indicator for fast navigation through financial instruments. When you click on the button, you go to the chart of the financial instrument, the name of which was written on the button. In other words, the indicator opens or unfolds an existing chart window. For each chart, you can customize the name of the financial instrument, text color and background color; in total, you can customize symbols buttons that you trade often. The indicator can be installed on any charts for which you need to swit

This indicator is designed to find the difference in MOMENTUM price and indicator.  This indicator shows the price and indicator difference on the screen. The user is alerted with the alert sending feature. Our Popular Products Super Oscillator HC Cross Signal Super Cross Trend Strong Trend Super Signal Parameters divergenceDepth -  Depth of 2nd ref. point search Momentum_Period -  Second calculation period indAppliedPrice -  Applied price of indicator indMAMethod -  MA calculation method findEx

The indicator can help traders to assess in advance the number of Lots, Balance and Equity, if the price deviates from the current levels. The indicator will be useful for those who trade using Martingale. Features The indicator belongs to the category of risk management. The indicator helps to assess in advance the account change that would happen in case of possible price change from the current value to a threshold. It also recalculates swap, lock, pending orders, take profit and stop loss.

Indicators are professional data statistics, position orders, historical order analysis->>>>>> <This version is in Chinese -> English version please move> Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO

Velvet RSI is intended for use with the Velvet advanced ordering layer.  It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de

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.

Slow T3 MA Trend indicator derived from T3 moving averages. This indicator is part of the T3 Cloud MA indicator and is posted here on its own. Buying/Selling opportunities above/below line. The MA line can also be used as dynamic support/resistance for more aggressive entries. Use default values for best settings. The number of look back bars is user defined. This indicator can be used in combination with other strategies such as price action. Suitable for all time frames.

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

We offer indicators that will meet your needs more.     >>   MT Sideway Filter   << MT Focus Session : It is an indicator used to look at the session time of interest by focusing only on the market opening to closing time only.  It is recommended to set Open session LONDON and End session USA, because it was a time graphs tend to have very high volume. TRADE: Forex TIME FRAME:  M5 M15 M30 H1 SYMBOL PAIR: All Symbol SETTINGS: FOCUS SESSION Open Session Time: Start time of t

Free version of  https://www.mql5.com/en/market/product/44606   Simple indicator to calculate profit on fibonacci retracement levels with fixed lot size, or calculate lot size on fibonacci levels with fixed profit. Add to chart and move trend line to set the fibonacci retracement levels. Works similar as default fibonacci retracement line study in Metatrader. Inputs Fixed - select what value will be fix, lot or profit  (available in full version, lot is set on free version) Fixed value - value t

Support/Resistance Percent Rank SR Percent Rank helps to see how many times the current close price has been in the past price range. SR Percent makes a loop over x bars into the past and calculates the percentage of times the current closing price has been between the high and the low price in the x bars before that.  So we can determine if the current price is moving at supports or resistance that was formed in the past. I use the indicator when creating strategies with the StrategyQuant X p

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

This indicator will turn the colors of your candles into a trend oriented colored showing 4 different colors based on two moving averages and the slope of the slow moving average. very powerful indicator for all periods of time showing you the direction of the trend to confirm your trades. Green: Bullish Dark Green: Bullish Weak Light red: Bearish Weak Red: Bearish  For more info: https://linktr.ee/trader_1st

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

A simple but useful indicator for controlling volatility in intraday trading. The indicator plots the average volatility (ATR) levels for the specified number of days on the current chart. On the current trading day, the levels are dynamic and move depending on the minimum and maximum prices of the current day in "real time" mode. In the input parameters we specify: - the number of days to calculate and draw the ATR levels - color of the ATP level lines - the thickness of the ATR le

Introducing Austin Bands—an innovative indicator designed to enhance your forex trading strategy by applying moving averages to the MetaTrader 4 indicator, Bollinger Bands. Bollinger Bands are a popular technical analysis tool that consists of a middle band (usually a simple moving average), an upper band (calculated by adding a specified number of standard deviations to the middle band), and a lower band (calculated by subtracting a specified number of standard deviations from the middle ban