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Free Technical Indicators for MetaTrader 4 - 5
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.
This indicator lets you easily mark the daily open levels on a chart with several possibilities of customization. For many trading strategies, the daily open level is an important level to base trading decisions on. That is why I chose to create this indicator that is designed to assist you with trading these strategies, as well as further optimizing them and getting a general understanding of the markets movements. With this tools help, you can easily take a look at the previous price action ar
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Super Trend is one of the most popular custom indicators that it doesn't provided in metatrader 4 (MT4) platform. Rainbow SuperTrend has some advantages, there are can display the trend direction and stop loss line based on Average True Range (ATR). This indicator is good to used for trailing stop trading style, because when the price direction is trending the stop loss point can adjust based on supertrend line. It is the high recommended to using this indicator combined with oscillator indicat
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Χ15 indicator is a MetaTrader 4 tool that allows you to BUILD & BACKTEST ON REAL TIME your own strategies quickly, easily and efficiently. It contains 15 of the most popular technical analysis indicators that you can use, each one in a different way. Choose the indicators that you want to use, select how you will use them and you will see on the chart BUY (green) and SELL (red) arrows implementing your strategy. Choose Take Profit and Stop Loss and you will see the results of your strategy with
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This is a Sharkfin Arrows Indicator. Detailed explanation and TDI extras: https://www.mql5.com/en/blogs/post/759138
This indicator will show only Arrows. It does not have TDI symbols on chart. Please get the extras from links above for TDI indicators.
Sharkfin Scanner (paid): https://www.mql5.com/en/market/product/123566
TDI Scanner Dash (paid): https://www.mql5.com/en/market/product/41826
About: This Indicator finds the Shark Fin Pattern. It will show an arrow in the current bar if R
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The MACD Signal Candle indicator changes color according to the MACD trends. Colored Candles, based on MACD.
HOW IT WORKS
For a Buy: -If the indicator is above zero, the market is bullish. -If the market is bullish, you can take a stand with green candle signals. For a Sell: -If the indicator is below zero, the market is bearish. -If the market is bearish, you can take a stand with the red candles.
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Engulfing Candle Detector
Detectable pattern Double Candlestick Patterns Bullish Engulfing
The first candle is black candle. The second candle opens with a gap below the real body of the black candle but rallies upwards to close above the real body of the black candle. In other words, the second candle's real body completely engulfs the first candle's real body Bearish Engulfing
The first candle is white candle. The second candle opens with a gap above the real body of the white candle but
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本指标 基于 Zigzag 基础上... 增加了: 1.增加了箭头指示,使图表更鲜明 2.增加了价格显示,使大家更清楚的看清价格. 3.增加了报警等设置,可以支持邮件发送 原指标特性: 1.基本的波段指标构型. 2.最近的2个ZIGZAG点不具有稳定性,随着行情而改变,(就是网友所说的未来函数) 3.原指标适合分析历史拐点,波段特性,对于价格波动有一定的指导性.
Zigzag的使用方法一 丈量一段行情的起点和终点 (1)用ZigZag标注的折点作为起点和终点之后,行情的走势方向就被确立了(空头趋势); (2)根据道氏理论的逻辑,行情会按照波峰浪谷的锯齿形运行,行情确立之后会走回撤行情,回撤的过程中ZigZag会再次形成折点,就是回撤点; (3)在回撤点选择机会进场,等待行情再次启动,止损可以放到回撤的高点。 一套交易系统基本的框架就建立起来了。 Zigzag的使用方法二 作为画趋势线的连接点 趋势线是很常见的技术指标,在技术分析中被广泛地使用。 但一直以来趋势线在实战中都存在一个BUG,那就是难以保证划线的一致性。 在图表上有很多的高低点,到底该连接哪一个呢?不同的书上画趋势线的方
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Informative & optimized Zigzag, Accumulated volume, Price change A rewrite of the traditional zigzag tool with new additions. Features:- Optimized code Displays accumulated volume between peaks Displays price change between peaks Usage:- Identify trend swings Identify high volume swings Compare price changes between swings Drawing Fibonacci tool on strong price change or high volume swings
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SPREADEX e' un indicatore per MT4 e MT5 che indica la distanza dell'ASSET dal GP. il GP e' il prezzo del vero valore dell'ASSET sottostante ottenuto per stima. Il GP e' come una calamita, attira il prezzo dell'ASSET con alta probabilita' ed all'interno della stessa giornata di trading. Quindi SPREADEX indica quali sono gli asset piu distanti dal GP al momento in tempo reale. Fornendo un punto di vista al TRADER su quali asset concentrarsi e cercare eventuali segnali di inversione dei prezzi per
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We all know that liquidity is one of the most important aspects in forex trading. The session high/low is a key part of this. That's why I created this indicator. Why Session Range? Helps traders spot session liquidity: Session high/low is one of the liquidity pools, especially during the Asian session. Helps traders know their position within a session: This indicator helps you identify which session is currently active—whether it is the Asian, London, or New York session. Good-looking appeara
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Stochastic RSI Indicator - Master the Art of Timing Elevate your trading game with the "Stochastic RSI Indicator." This powerful tool marries the Stochastic oscillator with the Relative Strength Index (RSI), offering precise insights into market dynamics. It's your key to mastering the art of timing in trading. About the Indicator : The Stochastic RSI Indicator combines two robust indicators - Stochastic and RSI - to provide traders with an exceptional tool for identifying entry and exit points
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This is the free version of the Supply&Demand + Trendline + Trend tool. This version works only with EURCHF! You find the full version here: https://www.mql5.com/en/market/product/67274
PAAIOS stands for Price Action All In One Solution. And that is the purpose of the Indicator. It should give you a tool to improve your trading decisively because you get the crucial information at a glance. The indicator simplifies the search for strong signals. It shows trend lines, demand and s
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This is a trend indicator.
Timeframe: any Symbol: any Color meaning: blue: long trend, up trend red: short trend, down trend yellow: market trend is changing Feature: 1, very easy to use, obvious signal, profitable 2, suitable to work on charts of any timeframe 2, all type of alerts 3, standard data buffers, can be easily implanted into any EA program. 4, all color customizable.
wish you like it :)
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Institutional Levels / Bank levels ... Psychological levels / Quarters theory. This indicator will automatically draw at levels, "000, 200, 500 and 800", what I know as 'Institutional Levels', OR, can also draw levels "000, 250, 500 and 750", onto the chart.
Depending on where you have learnt Institutional Level trading / Quarters theory, you may know them as different names, essentially the core idea is that these levels act as strong support & resistance points in most forex markets. Group c
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The TrueChannel indicator shows us the true price movement channels. This indicator resembles Donchian Channel in its appearance, but is built on the basis of completely different principles and gives (in comparison with Donchian Channel , which is better just to use to assess volatility) more adequate trading signals. As shown in the article , the price actually moves in channels parallel to the time axis and jumps abruptly from the previous channels to the subsequ
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Just another plain Super Trend indicator.
On this one i have added another buffer (on index 2) which can be used on EA; the values is -1 to identify a bearish trend while for bullish trend the value is 1.
Here a code snippet:
int trend = ( int ) iCustom ( NULL , Timeframe, "SuperTrend" , Period , Multiplier, 2 , 1 ); It work on every timeframe.
If you need help to integrate it on your EA, don't hesitate to contact me.
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Probability emerges to record higher prices when MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by 2nd & 3rd screenshot. Furthermore, divergence is confirmed
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The Supertrend draws a line following the current trend.. Green Line under the candle means a likely bullish trend Red Line above the candle means a likely bearish trend
How to trade with SuperTrend indicator Buy when the Supertrend Green line is below the price, Sell when the Supertrend Red line is above the price. It is strongly suggested to use this indicator in a trending market.
Parameters Multiplier - the lower it is and the more sensitive is the line, meaning it will follow the price
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Leonardo Breakout SMC – Advanced Trading Indicator
Overview The Leonardo Breakout SMC is a masterpiece of precision and innovation, crafted for those who seek to understand and harness the unseen forces within the market. Just as Da Vinci observed the natural world with meticulous detail, this MetaTrader 4 (MT4) indicator reveals the hidden structures of price movement, enabling traders to capture the essence of smart money concepts (SMC) and execute flawless breakout strategies. Every elem
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Levels indicator based on the previous day. Mathematical formula determines entry and exit levels.
Trading recommendations. Levels are traded at the beginning of the European session when volatility appears. In case of insufficient volatility use half of take profit to exit. If the price reversed at half take profit, then on the reversal look for a target also at the level of half take profit. If the price bounced from the entry level, then in the opposite direction the price can reach the s
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QualifiedEngulfing Is Free Version Of ProEngulfing Indicator ProEngulfing Is Paid Version Of This Indicator Download It Here . What is Different Between free and paid version of ProEngulfing ? Free version has limitation of One Signal Per Day Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Introducing QualifiedEngulfing – Your Professional Engulf Pattern In
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The " Countdown Candle Timer " indicator is a visual tool for the MetaTrader 4 platform that displays an accurate countdown of the time remaining until the next candle on the chart. It provides real-time information about the remaining duration of the current candle, allowing traders to track time precisely and optimize their trading decision-making. The indicator can be customized in terms of color, font size, and position on the chart, providing flexibility and convenience to the user. You can
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COLORED TREND MA / MACD CANDLES draw MA Candles above/below Moving Average in a single color draw MA as a leading Line like a Supertrend draw MA as a Channel => MA High and Low draw MACD Candles above and below 0 and Signal-Line
Your Advantage: a simple view of the trend direction a simple view over the higher trend direction a calmer chart for the eye clear rules can be defined Settings: Bars to process : 6000 is my default, this value is up to you Value Quick-Set : pre-Settings MACD 12 / 26
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This is an implementation of the well known SuperTrend Indicator. With this indicator you can see exactly the same values which will be alerted by the following SuperTrend Scanners:
SuperTrend Scanner SuperTrend Scanner FREE
Parameters SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend
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"Inside Bar PA" is a technical indicator designed to determine the inner bars on the chart. An internal bar is a bar or candle, the maximum and minimum of which are completely contained in the previous bar. This may signal a potential reversal or continuation of the trend, depending on the context.
Features: Automatic detection of internal bars. Visual marking of internal bars with arrows on the chart. The ability to adjust the distance of the mark from the bar. How to use: Attach the indicat
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Account Dashboard Statistics
It is a tool that will help you have a focused view in order to know the profits and losses of your account , so you can keep track of it, it also brings a drawdown analysis to know the risk obtained as well After downloading and activating it in your account, you must attach it to any symbol for example EURUSD H1, then from this moment the tool will start to monitor your statistics, you can see my other free products here Mql5
the panel is completely adva
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This indicator will draw you the following levels : Daily open line: below is bearish market above is bullish. Avarage daily range high and low Asian market high and low Yesterday's high and low Theese levels are strong support and resictance levels everyone needs to pay attention to. If you did not use the its time to start! You need to pay attention when price is close to theese levels! Enjoy trading made easier!
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The TPSproDraW indicator allows to draw continuous zigzag lines on the chart. This handy tool will strike fancy of those traders who trade using technical analysis and need visual expression to forecast the price movement.
A drawn continuous zigzag line can be removed as easily as it is drawn - just aim a mouse cursor to the zigzag line and press the Shift key. How it helps:
The Z key - double press to enable the mode of drawing patterns, press one time to disable the mode, Esc - cancel drawn
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This indicator tool provides mini charts, with adjustable symbol/tf that can be dragged into place. Lightweight operation with multiple mini charts are supported.
Chart features: adjustable symbol and tf draggable multiple mini charts color styling and font sizing, foreground/background colors candle coloring candle styles; candles, bars, line, high-low channel
zoom in/out
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The indicator provides buy and sell signals on the charts every time ADX DI- and DI+ crosses each other. Blue arrow for uptrend (DI+>DI-). Red arrow for downtrend (DI->DI+). This technical analysis tool can be applied to various trading strategies. The ADX Crosses Signals Indicator is based on the Average Directional Index Metatrader Indicator. The ADX is a lagging indicator, meaning that a trend must already be established before the index can generate its signal.
Inputs PERIOD; AlertOn
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MTF Fair Value Gaps Alerts indicator is based on Fair Value Gaps (FVG), Volume imbalance (VI) and Gaps. This indicator will create 2 arrows pointing to the left showing the area of the FVG, VI and Gaps and will never repaint after the candle has been closed .
Inputs: TF (Timeframe of the Alert For Current timeframe use CURRENT)
barshilft : the barshift needs to be the same timeframe as the above TF. barshift format (CURRENT, M1, M5, M15, M30, H1, H4, D1, W1, MN) Send Email: Audible Alert Push
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This Dashboard is free to download but is dependent on you owning the Gold Pro MT4 indicator. Get the indicator here: https://www.mql5.com/en/market/product/60430
The Dashboard will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator: Gold Pro MT4
all time frame and all symbol: smart algorithm detects the trend, filters out market noise and gives entry signals!!!
How to understand the status: Dashboard Show "Buy" - Buy Signa
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SX Price Action Patterns is a comprehensive indicator which shows various price action patterns on the chart for those who are interested in price action trading. These patterns are as follows: A Pin Bar is a candlestick price bar, which has a long wick on one side and a small body. It is a powerful signal of price reversal in a currency trading strategy. An Inside Bar is characterized by a bar or candle that is entirely ‘inside’ the range of the preceding one and represents the consolidation o
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Current indicator shows the trading sessions for the major financial centres: London New York Tokyo Sydney There are available two types of displaying zones: in sub window below the chart and on the chart. When the subwindow is selected, the sessions are shown in the form of bars. If the sessions are shown on the main chart, they are displayed in the form of lines at the open price of the session that may also act as a support and resistance for further price action during the trading day. The
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This indicator is based on practical experience.
Insert the date/time of your top/bottom. It calculates the most visited level from top/bottom up to the current moment.
It updates automatically with each new candle. You can simultaneously use multiple indicators for different trends and timeframes.
The length is always plotted from the beginning of your period to the present. Recommendations: Currency pair: All pairs, all markets Timeframe: All timeframes Minimum deposit : No minimum dep
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This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe.
You can to get source code from here .
Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - De
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Pivot Classic, Woodie, Camarilla, Fibonacci and Demark
Floor/Classic Pivot points, or simply pivots, are useful for identifying potential support/resistance levels, trading ranges, trend reversals, and market sentiment by examining an asset's high, low, and closing values. The Floor/Classic Pivot Points can be calculated as follows. Pivot Point (P) = (High + Low + Close)/3 S1 = P * 2 - High S2 = P - (High - Low) S3 = Low – 2*(High - P) R1 = P * 2 - Low R2 = P + (High - Low) R3 = High + 2*(P -
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CyberZingFx Trend Reversal Indicator - your go-to solution for accurate and reliable trend reversal signals. With its unique trading strategy, the indicator offers you Buy and Sell Arrow signals that do not repaint, making it a reliable tool for catching Swing Highs and Swing Lows.
SCROLL DOWN TO VIEW SCREENSHOTS AND WATCH VIDEO ________________________________________________________________ Trading using CyberZingFx Trend Reversal is Simple Using the CyberZingFx Trend Reversal Indicator is e
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Draw Profit indicator can efficiently help those traders who want to see on the chart all closed positions output: profit or loss. If set DrawProfit on your chart managed by an Expert Advisor (EA) you will see clearly it’s performance by its profits & losses. My other products: https://www.mql5.com/en/users/hoangvudb/seller
Input parameters: Show Profit Labels : show profit of orders with a label (true/false). Profit Mode : available options: Show in currency. Show in pips. Show in currency
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Simple SuperTrend indicator, similar to that of TradingView's.
It has buffers for buy and sell signal, if you want to integrate this into an EA.
It helps traders easily identify trends by providing clear buy and sell signals based on price movements. Designed for simplicity, it’s easy to use and integrates well with various trading strategies, making it a great option for traders of all levels.
Happy trading!
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MRBEAST Assistant El indicador MR BEAST Assistant para MetaTrader es un indicador multitemporal que se basa en tres indicadores estándar: el oscilador estocástico, el RSI (Índice de Fuerza Relativa) y el CCI (Commodity Channel Index). Muestra las direcciones de la tendencia actual para los marcos temporales M1, M5, M15, M30, H1, H4, D1, W1 y MN1. Cuando se sigue un indicador de este tipo se tiene una visión clara de las tendencias en todos los marcos temporales importantes. No imp
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This indicator uses horizontal lines to identify support and resistance levels based on Zigzag legs and On-Balance Volume (OBV) analysis. Here is a summary of how the indicator works: Resistance and Support Lines : A horizontal line above the current price level indicates resistance. A horizontal line below the current price level indicates support. Drawing Horizontal Lines : Draw horizontal lines on every Zigzag leg within the last X legs, where X is a specified number (e.g., 10). Only the most
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The Supertrend Indicator is a popular technical analysis tool designed to assist traders in identifying market trends. The indicator combines the average true range (ATR) with a multiplier to calculate its value. This value is then added to or subtracted from the asset’s closing price to plot the supertrend line. The Supertrend Indicator can help identify trends, manage risk, and confirm market tendencies. The indicator is limited by its lagging nature, is not very flexible, and can send up fal
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Introducing the Consecutive Green/Red Candle Alert Indicator for MT4 - Your Trend Spotting Companion! Are you ready to take your trading to the next level? We present the Consecutive Green/Red Candle Alert Indicator, a powerful tool designed to help you spot trends and potential reversals with ease. Whether you're a new trader looking for clarity in the market or an experienced pro seeking additional confirmation, this indicator is your trusted companion. Key Features of the Consecutive Green/Re
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MT4 Candlestick Pattern Alert Indicator: Stay Ahead of Trading Opportunities Overview The MT4 Candlestick Pattern Alert Indicator is a robust tool designed to empower traders by detecting candlestick patterns and delivering timely alerts through notifications, emails, and pop-up alerts. This invaluable tool saves traders precious time, allowing focused analysis on patterns and potential profitable trades. Importance of Candlestick Patterns Candlestick patterns are pivotal in technical analysis,
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The Awesome Oscillator (AO) is an indicator used to measure market momentum. AO calculates the difference between a 34 Period and 5 Period Simple Moving Average. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. This indicator has email and pushup "mobile" features Alert, for any suggestions, please don't hesitate, thanks
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First RSI level indicator analyzes and displays the level, at which the first crossing of the standard RSI maximum or minimum value took place for the subsequent definition of strong trends. The indicator allows you to track the beginning of a trend that does not follow the signals of the standard RSI trading strategy, for example, when the price rushes downwards after reaching an oversold level instead of reversing. In this case, we have to conclude that a strong trend is underway and the next
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Download the free USDJPY version here.
MACD Indicator The Moving Average Convergence and Divergence (MACD) is a trend following momentum indicator which shows the relationship between two moving averages that we chose and configure them on the indicator. The MACD is calculated by subtracting the 26-period exponential moving average and the 12 period D.A.M. These are the default parameters when you put the MACD indicator on the charts, and the period is usually 9 which means the last 9 candle
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YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>> GO HERE TO DOWNLOAD
V1 Scalper is an easy to use tool designed for trend scalping. It tries to spot good entry points in a major trend by using swing high and lows formed along the trend . This tool can be used on Fx Pairs , Indices , Commodities and stocks. Not often but in some signals , the arrow might repaint on the current candle so extra confirmation tools are advised for t
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Wave Entry Alerts In Gold 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 Gold (XAU/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: Trad
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We present you an indicator that not only improves the visual aspect of the chart, but also gives it a lively, dynamic character. Our indicator is a combination of one or more Moving Average (MA) indicators, which constantly change their color, creating an interesting and colorful look.
This product is a graphical solution, so it is difficult to describe what it does in text, it is easier to see by downloading it, besides the product is free. This indicator is suitable for bloggers who want t
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Check my p a id tools they work perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus: https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma
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Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
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The Bullish and Bearish Engulfing Pattern Screener for MetaTrader 4 is a powerful tool designed for traders looking to identify key reversal patterns in the financial markets. This indicator scans price charts for bullish and bearish engulfing patterns, which signal potential trend reversals. Key Features: Real-time Scanning : Continuously analyzes price data to provide instant alerts when engulfing patterns are detected. Customizable Settings : Allows users to adjust parameters to fit their tra
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Download user manual from: https://ontrd.com/our-books/
Have full version from: https://www.mql5.com/en/market/product/104073 MT5 Version: https://www.mql5.com/en/market/product/30284
This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your r
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Calculating the number of lots needed so as to make sure you are risking a specific percent of account balance can be tedious. Luckily, there are websites that make this task a lot easier. This indicator takes things to the next level as it ensures you don’t have to leave the metatrader platform to perform these calculations.
The lot-size calculator is a simple calculator that works in all forex currency pairs, BTCUSD, US500, HK50 and XTIUSD. For more free stuff: http://abctrading.xyz
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Description:
This indicator (with its algorithm) marks relative highs and lows, which have an array of useful applications.
This indicator will never repaint.
Features:
Marks relative highs and lows Use this to determine points of trend continuation i.e. where the trend may pull back before continuing higher or lower, past this point Or use this to determine potential points of reversal, particularly in ranging markets, or with other price action These highs and lows can sometimes
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Murray's mathematical levels are based on observations by Gann and his theory of the squareness of prices. According to Gann, the price moves in 1/8 of the range. These 1/8 allow us to get different resistance and support levels for a given chart, which have their own characteristics. After a breakout of -2 or +2 levels, or with a decrease in volatility, they are rebuilt. You can choose which period to display (current or entire history). All lines are drawn through buffers. Blog-Link - Murrey
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Have you ever wanted to be able to catch a trend just as it is beginning? This indicator attempts to find the tops and bottoms of a trend. It uses in-built indicators and studies their reversal patterns. It cannot be used on its own it requires Stochastic(14) to confirm signal. Red for sell, Blue for buy. There are no parameters required just attach to a chart and it is ready to go. Check out other great products from https://www.mql5.com/en/users/augustinekamatu/seller A Winning Trading Stra
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BIG CANDLE ALERT https://www.mql5.com/en/users/earobotkk/seller#products P/S: If you like this indicator, please rate it with 5 stars in the review section, this will increase its popularity so that other users will be benefited from using it. This indicator draws a bullish and bearish vertical line inside a candle whenever the size of a candle body exceeds the minimum size specified in the input. INPUT Bullish Candle Color: choose the color of your choice. Bearish Candle Color: choose the co
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The script tries to determine the overall direction of the market, using smoothed Heiken Ashi candles. The coloring system (using bright and dark colors) is an attempt to detect strong market and weak market conditions. There's also an oscillator within the script
These are the features: Alert condition Features: You can now set alerts in the alert dialog for events like trend switch, trend strengthening and weakening; all for both Bullish and Bearish trend.
I also added the code for custo
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This automated DOJI BAR FINDER INDICATOR can be utilized to manage trades and identify potential areas of support and resistance for both buying and selling. It is designed to identify zones for Sell/Buy trades and can be effectively used in conjunction with other indicators, such as order block indicators, and more. Currently designed for MT4, it will later be adapted to function on MT5. We also offer the opportunity to customize the robot according to your trading strategy. https://t.me/FXTSPr
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Update: For those who want to manually backtest this indicator, check this tool https://www.mql5.com/en/market/product/59248
The indicator will help make your calculation of stop loss easier as it will be visually aiding you in choosing where to put your stoploss level on the chart by calculating the current value of ATR indicator. For those who are unfamiliar with ATR, it is a useful indicator to calculate stoploss for trend following strategy. If volatility is high, ATR stoploss level will b
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This indicator calculates buy and sell signals by using MACD indicator on two timeframes. MACD is a trend-following showing the relationship between two moving averages of the closing price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA.The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line".
This indicator has 2 modes to calculate the buy/sell signals: - MACD crosses 0 line - MACD cro
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Features:
1- Get OB/OS Levels from Golden MA Levels
2- Wait for Buy/Sell Start Level Cross
3- Optional: Should price cross Mid Level in earlier bars
4- Optional: Crossing bar High/Medium Volume
5- Optional: MA Stacked to check up/down trend for current TF
6- Optional: NRTR higher timeframes aligned Check
Detailed blog post explained: https://www.mql5.com/en/blogs/post/758457
Levels with Buffers available here: Golden MA Levels Indicator: https://www.mql5.com/en/market/product/119515
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The " YK Find Support And Resistance " indicator is a technical analysis tool used to identify key support and resistance levels on a price chart. Its features and functions are as follows:
1. Displays support and resistance levels using arrow lines and colored bands, with resistance in red and support in green.
2. Can be adjusted to calculate and display results from a specified timeframe using the forced_tf variable. If set to 0, it will use the current timeframe of the chart.
3. Uses t
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This indicator is suitable for trading Forex and Binary Options, depending on its settings. The indicator is designed for trend trading. A buy signal: An up arrow appears on the chart. A sell signal: A down arrow appears on the chart.
Input parameters === Setup CCI === Period CCI 1 - Period of the CCI Period CCI 2 - Period of the CCI Level BUY - Level of the CCI for buying Level SELL - Level of the CCI for selling === Setup RSI === Level SELL - Level of the RSI for selling Period SELL - Period
FREE
The Candle Countdown Timer for MetaTrader 4 (also available for MT5) is a vital indicator designed to help you manage your trading time effectively. It keeps you updated about market open and close times by displaying the remaining time before the current candle closes and a new one forms. This powerful tool enables you to make well-informed trading decisions. Key Features: Asia Range: Comes with an option to extend the range. Broker Time, New York, London Time: Displays the current broker time
FREE
. Simple Trading System Update !!! Follow this link to see our Strategy !!! (With auto trade indicator)
Description This is an indicator Free Version and showing only history signals, Not real time. Binary Deal Trading Indicator is an indicator on MT4 for Binary Option Trading. It forecasts the overbought / oversold level, Reversal and Fractal point. This indicator will help you to decide a reversal price on any time frame (Recommend M1, M5 and M15). The expiry time is 5-15 minutes after re
FREE
Master Candle (MC) Indicator automatically detects "Master Candles", also known as "Mother Candles", i.e. candle that engulf several candles that follow them. See screenshots. You can choose how many candles Master Candle should engulf. By default it is set to 4. Feel free to change colour and thickness of lines as it suites you.
I find this indicator to be very useful to identify congestions and breakouts, especially on 60 minutes charts. Usually if you see candle closing above or below "Mast
FREE
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