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Technical Indicators for MetaTrader 4 - 67
![icon](https://c.mql5.com/i/market/market-icon.png)
![Max Min Prices One](https://c.mql5.com/31/242/max-min-prices-one-logo-200x200-9972.png)
The Max Min Prices One indicator determines the maximum and minimum prices between two candles and shows them as rectangle on the price chart. You may also show the price values and their levels as horizontal lines.
Parameters Start bar time – time of the start candle End bar time – time of the end candle Rectangle filling - fill the rectangle with color Is show max and min prices - show labels of the maximum and minimum prices Is show horizontal lines - show levels of the maximum and minimum
![Harmonic Master Scanner Pro](https://c.mql5.com/31/242/harmonic-master-scanner-pro-logo-200x200-3357.png)
Harmonic Trading is now much easy than ever before with Harmonic Master Scanner Pro you can now scan time frames from 5m to 1w for 17 harmonic patterns on all bares at the same time. Harmonic Master Scanner Pro works based on original MetaTrader4 Zigzag indicator and the standard harmonic patterns elements. This software send alert and email to you when a harmonic pattern is detected on any charts. If you want the scanner to draw the pattern just switch the time frame to the alert time frame. Th
![Support Resistance Multi Time Frame](https://c.mql5.com/31/242/support-resistance-multi-time-frame-logo-200x200-5558.png)
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FULL version of the indicator: Support Resistance Multi Time Frame FREE
Parameters referenceTF: the timeframe from which the support/resistance is calculated cand
![OnixPoint](https://c.mql5.com/31/242/onixpoint-logo-200x200-1274.png)
The OnixPoint indicator efficiently detects the most appropriate entry in trend with the shorter stoploss. It is based on finding patterns of tasset trend change with respect to future price estimate. It works for any currency pair. The indicator is designed to facilitate decision-making at position entries. The development team is constantly improving the functionality of the indicator.
Benefits of the Indicator Does not repaint. Works on all currencies. Works on all timeframes. It's easy to
![Veles Swing Power](https://c.mql5.com/31/242/veles-swing-power-logo-200x200-8143.png)
The oscillator shows reversal points and the movement strength very well. It can be used on any symbol and any timeframe. It has a parameter of the level when the signal reaches the required power. The indicator is very easy to setup. Indicator bars are not redrawn.
Description of the Parameters PeriodPower - signal power calculation period LevelPower - the required level of the signal power
![Triple](https://c.mql5.com/31/243/triple-logo-200x200-9603.png)
Triple gives you three great indicators in one: Commodity Chanel Index (CCI) Exponential Moving Averages (EMA's) x 3 Relative Strength Index (RSI)
How the indicator works The indicator works by displaying a grid of 3 different indicators and puts them on a scale from red (bearish) to dark green (bullish). With a clear and easy to read display metric of 5 separate colours across each indicator. Dark Green - Strong Bullish Light Green - Bullish Yellow - Indifference Orange - Bearish Red - Strong
![Viper Trend](https://c.mql5.com/31/243/viper-trend-logo-200x200-7489.png)
Viper Trend indicator is an indicator designed to find trends. It uses a moving average, a set of candle combinations and High/Low levels to find trends. This indicator is a complete trading system. You can trade with this indicator as you like.
Features and Recommendations You can use this indicator on all pairs except for the volatile pairs. It is recommended to use it on M15 and over charts. The most important element in this indicator are alerts. Do not open orders unless you receive an al
![Varied timeframes](https://c.mql5.com/31/243/varied-timeframes-logo-200x200-8259.png)
This candlestick indicator searches for candlesticks, at which the direction on all selected timeframes coincides (M1, M5, M15, M30, H1, H4, D1, W1, MN). For example, if the candlestick on all timeframes is rising (bullish) or falling (bearish). You can: Turn off the display of unnecessary arrows and leave, for example, only those showing changes in signal direction, i.e. only the first arrow in each direction. Set the candlestick for the signal: the zero candlestick or a completely formed one.
![Correlations Indicator](https://c.mql5.com/31/243/correlations-indicator-logo-200x200-7729.png)
Indicator enabling the analysis of the relationship between two derivatives. There are different methods of presentation relationship. The attached video shows all the functionality of the indicator.
Input parameters Anchor_mode - sets the end of the measurement to the current candle. Follow_mode - if true, the beginning of the measurement (START line) follows a fixed distance after its end (END line). Follow_distance - distance, (in candles) between the beginning and the end of the measuremen
![H4 candles on the lower timeframe charts](https://c.mql5.com/31/243/h4-candles-on-the-lower-timeframe-charts-logo-200x200-3064.png)
H4 candles on the lower timeframes indicator allows the user to display the four hour timeframe on the lower timeframe chart. The indicator shows the closed H4 candles on the chart. It does not show the last unclosed H4 candle. You can position and color the candles with or without price labels (High/Low/Open/Close of the four hour period) and High/Low lines. It can help to see the bigger picture if you are a day trader or scalper. The most efficient way to use on the M5 and M15 charts, but you
![WePoint](https://c.mql5.com/31/243/wepoint-logo-200x200-2623.png)
We-Point is an indicator for MT4 that help trader to read charts and research the point of Accelerator of the trend.
We-Point indicator is a useful tool for traders who want to study the direction of an underlying. We-Point indicator uses a mathematical formula that generates points in Red (which indicate bearish trend) and in Green (which indicate uptrend trend). When a Green (or Red) point will appear on the chart the trader will receive an alert (pop-up or push). We-Point indicator can be u
![Sly Fox ParaS EMA Trend Rider](https://c.mql5.com/31/243/sly-fox-paras-ema-trend-rider-logo-200x200-5287.png)
Arrow indicator utilizing variable Parabolic SAR and EMA for trending markets . Will show trend being established and trend continuation , allowing you to ride long trends or scalp. Designed for: Scalping Intraday trading Long-term trading Effective for: Currency Pairs Indices Oil Silver Gold Crypto Recommended timeframes: H1 H4 Daily Weekly Monthly For shorter timeframes, please adjust fully customizable settings. Test to find the optimum settings to suit your trading style. Function
Arrow is
![ForexGumpUltra](https://c.mql5.com/31/244/forexgumpultra-logo-200x200-7029.png)
ForexGumpUltra is a new and more advanced indicator of the ForexGump series. This indicator easily determines the price direction on any currency pair and any timeframe. The indicator draws its signals on the zero bar and does not redraw them (see the video). In the 34th second of the video it can be seen that this indicator uses new filters to determine the changes in price movement direction without delay, despite the market noise present at the moment (see the video on the 34th second). Once
![PivotSupportResistance](https://c.mql5.com/31/244/pivotsupportresistance-logo-200x200-1747.png)
PivotSupportResistance This indicator plots horizontal lines at daily pivot levels R3, R2, R1, Pivot, S1, S2, S3, where R means Resistance and S means Support. This indicator can be applied to any chart period, although daily pivots on charts with long periods are meaningless (if you switch your chart timeframe greater than daily chart, you will get alert and indicator will not work). Labels are shown for the most recent day's levels. There are no external inputs, so it is easy to use. Please re
![WeSpread](https://c.mql5.com/31/244/wespread-logo-200x200-9254.png)
The We-Spread mt4 indicator is a spread trading tools and it is suitable for those who want to study the markets with a different approach to the contents that are normally available in online trading bookstores. I think the Spread Trading strategy is one of the best I've ever used in the last few years. This is a unique indicator for spread trading because allow you to study till 3 spreads in one time. What is Spread Trading on forex The Spread Trading is the study of the strength of 2 currency
![IntraDayTrack](https://c.mql5.com/31/244/intradaytrack-logo-200x200-7557.png)
IntradayTrack displays daily support and resistance lines based on the average symbol volatility for a certain period. You can tilt the line to a certain angle both at the beginning and the end of a trading period.
Parameters Track period - the period of drawing lines (day, week, month) Avg price range – number of days the average volatility is considered for
Start value (Avg %) – distance between the lines at the beginning of a trading day in % of the average volatility for a selected period
![Doji Engulfing Paths](https://c.mql5.com/31/254/doji-engulfing-paths-logo-200x200-5931.png)
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.
System features With fast execution, it allows to register directly the inform
![Interactive BB Matrix](https://c.mql5.com/31/248/interactive-bb-matrix-logo-200x200-2660.png)
This indicator displays Bollinger Bands signals for multiple symbols and multiple time frames. The signals are created as a simple ratios which represent the distance between the current price and the moving average measured in standard deviations. This way we create a very versatile and easy to use indicator which helps us to identify not only the strongest trends but also the most overbought and oversold conditions.
Features Accurate signals in real time for multiple time frames and multiple
![Analytic Trade](https://c.mql5.com/31/246/analytic-trade-logo-200x200-3142.png)
The Analytic Trade indicator is a complete trading system. It consists of 4 parts: The first part is the arrows showing the most optimal points for opening and closing orders. The up arrow is a buy signal, the down arrow is a sell one. The second part is the information panel in the upper right corner. The current price is shown in a larger font, above it are: the daily High, distance from the current price to the daily High, and the difference between the High and Low (in points). Below it are:
![TrendScanner](https://c.mql5.com/31/245/trendscanner-logo-200x200-8217.png)
Trend-Scanner is an indicator for MetaTrader 4 that allows you to view 3 types of trends and signals on the charts. Trend-Scanner searches for 3 types of trading signals on all the underlying assets listed in the settings (and can be customized by the trader). If there are conditions that allow you to identify reliable trends then a pop-up alert will be displayed, a sound notification and a push notification will be sent. Trend-Scanner constantly searches for signals deriving from patterns devel
![Cumulated Volume Analyzer](https://c.mql5.com/31/245/cumulated-volume-analyzer-logo-200x200-7307.png)
The indicator enables measurement and analysis of accumulated volume (tick), in any chosen swing. The user's task is to mark individual measuring sections with the help of a "crayon's". The indicator automatically sums the volumes of individual candles. Volume analysis is a basic element of the VSA (volume spread analysis) technique. A method of using an indicator is shown on the film.
Parameters description Anchor_mode - If true, one end of the measuring line is always hooked on the current c
![James](https://c.mql5.com/31/247/james-logo-200x200-2870.png)
This product is a product completed by combining Bollinger band and RSI. Usage is as follows. There is no indicator parameter, so there is no need to change it.
Explanation It shows RSI in the Bollinger Bands. The market is stable when both indicators are located between 30 to 70. You can use this indicator for the contrarian when the market continues to be quiet.
![Multi TimeFrames Bollinger Bands Signals](https://c.mql5.com/31/245/multi-timeframes-bollinger-bands-signals-logo-200x200-5048.png)
This indicator is based on the Bollinger Bands on one or more timeframes and on any Currency Cross Pair. The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, white if flat. Alert messages and Vertical bars for BUY or SELL, are generated when the Bollinger Bands is consistent for all chosen timeframes else a FLAT signal is generated. In addition, the Multi TimeFrames Bollinger Bands Signals i
![PriceChannel](https://c.mql5.com/31/245/pricechannel-logo-200x200-2917.png)
PriceChannel is designed for trend detection without the effect of accidental price leaps. It uses Price Series and a few moving averages for noise reduction. It works on multiple timeframes, even M1. To increase effectiveness, it is recommended to use 3 instances of PriceChannel with different parameters on one chart (see screenshots). You can use the following settings (for M1 charts): PriceChannel(10,2,30) Gold colour. PriceChannel(10,5,30) Blue colour. PriceChannel(21,8,13) Gray colour. Exa
![Sniper Signal Fx](https://c.mql5.com/31/246/sniper-signal-fx-logo-200x200-3007.png)
The principle of this indicator is very simple: detecting the trend with Moving Average, then monitoring the return point of graph by using the crossing of Stochastic Oscillator and finally predicting BUY and SELL signal with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each time frame. Example:
If you install indicator on EURUSD, timeframe M5: the indicator will detect the main trend with the Moving Average on this timeframe (for example the Moving
![Murphy](https://c.mql5.com/31/247/murphy-logo-200x200-6894.png)
This product combines Stochastic Oscillator and RSI. Usage is as follows. This indicator works with M1 and M5 timeframes. This indicator uses Stochastic oscillator and RSI. The picture shows Stochastic x1 (Red) and RSI x2. You can open a short position when each Stochastic, RSI (Blue) and RSI (Yellow) become more than 95, 70, and 70, or a long position at values less than 5, 30, and 30, respectively.
![Pivot Point RSouza](https://c.mql5.com/31/245/pivo-point-rsouza-logo-200x200-5989.png)
The indicator automatically calculates the levels of pivot points and draws the lines on the chart. The lines that are drawn: Pivot line, R1 line, R2 line, R3 line, S1 line, S2 line, S3 line. Below each line, the value for your level is displayed. The point of pivot is calculated using the traditional method. The colors of the lines and font are configurable, as is a font size of the text. The indicator can only be used in periods equal to or less than D1.
Parameters Font color - text color. F
![Morning Breakout](https://c.mql5.com/31/246/morning-breakout-logo-200x200-2034.png)
Morning Breakout is an indicator that calculates the morning range where a symbol has been moving in a period of time. It also displays that levels in the current symbol. Through this indicator you can analyze and track all the symbols you want to invest in. It also includes alerts, mails and notifications that enables the possibility to look for new market opportunities. Main Features of Morning Breakout Track all the symbols you want to invest in or the symbols in your market watch. Apply a co
![Three Peaks](https://c.mql5.com/31/247/three-peaks-logo-200x200-5373.png)
Introducing the revolutionary 3 Peaks indicator on MQL5 – your ultimate trend-spotting companion! As an experienced trader and dedicated seller, I am thrilled to offer you a powerful tool that brings unprecedented accuracy and reliability to your trading endeavors. The 3 Peaks indicator boasts an impressive capability: it identifies and alerts you on-screen whenever three consecutive peaks are detected. No matter the representation chart, time-frame, or currency pair/commodity you're trading, t
![BinaryScalping](https://c.mql5.com/31/276/binaryscalping-logo-200x200-2608.png)
BinaryScalping is a professional indicator for trading binary options and scalping. The algorithm of the indicator is based on the calculation of pivot points for each time period separately, the location of the price of the trading instrument relative to the pivot points is analyzed and the probability of a trading operation is calculated. The indicator has a built-in filter of trading signals based on the global trend. The indicator is installed in the usual way and works with any trading inst
![GND Entry Signals](https://c.mql5.com/31/249/gnd-entry-signals-logo-200x200-7333.png)
This is indicator signals entry buy or sell for trader. It notification price entry to trader and price Stop Loss and price Take Profit. Indicator price for entry orders Pending Limit.
Input Parameters On Alert - true/false (Displays a message in a separate window.) On Send Notification - false/true. (Sends push notifications to the mobile terminals, whose Meta Quotes IDs are specified in the "Notifications" tab. (Strict use restrictions are set for the SendNotification() function: no more tha
![Monalisa Stochastic](https://c.mql5.com/31/246/monalisa-stochastic-logo-200x200-1494.png)
" MONALISA (acronym of MON itor A nd LIS t A ll) Stochastic" is an indicator based on the Stochastic Oscillator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the Stochastic Oscillator. This indicator is useful because it allows you to have a complete view of all Timeframes at the same time.
Features Easy flexible settings: Detection of the Stochastic signal for all
![ForexAurum Fibonacci](https://c.mql5.com/31/246/forexaurum-fibonacci-logo-200x200-1214.png)
ForexAurum Fibonacci indicator is a useful tool for traders who are using Fibonacci combined with the ZigZag indicators. It uses the real-time calculation of the levels for all the timeframes and displays the results for you. In addition, you can setup RSI, ADX and Stochastic indicators to confirm entries.
How to use it Just drag and drop the indicator on an 1 minute chart of any symbol. Then you can switch to a higher timeframe at anytime after the initialization.
Recommendation Always drag
![Monalisa MACD](https://c.mql5.com/31/246/monalisa-macd-logo-200x200-7262.png)
" MONALISA (acronym of MON itor A nd LIS t A ll) MACD" is an indicator based on the MACD Oscillator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the MACD Oscillator. This indicator is useful because it allows you to have a complete view of all Timeframes at the same time.
Features Easy flexible settings: Detection of the MACD signal for all timeframes No setting l
![Multi Currency True Currency](https://c.mql5.com/31/247/multi-currency-true-currency-logo-200x200-8921.png)
MCTC is the most advanced multicurrency strength indicator for day trading, that does NOT use moving averages. This versatile strength meter has many settings that can be customized to suit the day traders needs. With up to 12 customization time periods, automatic calculation and graph plotting of previous period high/low values, 2 side meters showing currency strength, pair strength, points movement, points movement from previous periods, percentage, and pressure. Clickable chart for fast switc
![Monalisa Bollinger Bands](https://c.mql5.com/31/247/monalisa-bollinger-bands-logo-200x200-5626.png)
" MONALISA (acronym of MON itor A nd LIS t A ll) Bollinger Bands" is an indicator based on the Bollinger Bands indicator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the Bollinger Bands indicator. In addition, this indicator measures the " POWER " of the Trend that is highlighted on the middle line of the Bollinger Bands (SMA line) and in the table of Timeframes wit
![Corridor BARs MT4](https://c.mql5.com/31/247/corridor-bars-mt4-logo-200x200-5142.png)
The indicator shows the upper, middle and lower price limits for a certain period of time. Also, two Moving Averages (MAs) are displayed.
Parameters
CTType : corridor basis. _Hour : hours, _Day : days, _Bars : bars CTPrice : price type, by bars. OpenClose : Open/Close prices, HighLow : High/Low prices CTShift : corridor shift CTNum : how much to consider for building a corridor, min 2 CTPeriodFast : Fast period, min 2 CTShiftFast : Fast MA shift CTMethodFast : Fast averaging method CTPeriodSl
![Volumes Color](https://c.mql5.com/31/247/volumes-color-logo-200x200-9917.png)
Indicator of tick volumes with the ability to monitor sudden and significant changes in the prices of bars relative to the specified coefficient - Change Factor. The color of the indicator's histogram characterizes the changes in volume of a bar relative to the previous session. By default, the indicator bars are colored in the following colors: Green - a slight increase in volume, not exceeding the Change Factor; Red - a slight decrease in volume, not exceeding the Change Factor; Purple - signi
![Volumes Signal Line](https://c.mql5.com/31/247/volumes-signal-line-logo-200x200-1448.png)
Indicator of tick volumes with the ability to monitor sudden and significant changes in the prices of bars relative to the specified coefficient - Change Factor - to the average value of volumes for a certain period of time - Period Signal. The color of the indicator's histogram characterizes the changes in volume of a bar relative to the previous session and the signal line.
Indicator Inputs Period Signal - period of the signal line; Change Factor – volume change factor. By default, the indic
![Giant Attention](https://c.mql5.com/31/247/giant-attention-logo-200x200-3330.png)
"Giant" is a flexible system in relation to trading strategies. It consists of two high-quality indicators that are installed on five different timeframes of the same currency pair (see screenshot). It monitors the trend and gives signals to open. The system passed a large number of checks and showed high accuracy. Indicators are sold separately. The second word in the main name is the indicator itself. This issue sells the indicator "Attention" .
![Buy Arrows Sell](https://c.mql5.com/31/247/buy-arrows-sell-logo-200x200-7457.png)
The BuySellArrows is a seemingly simple and persistent indicator. All traders had come across indicators that contain numerous input parameters that will change Buy and Sell position when you change those parameters value. Many traders asked what parameter's value will be more accurate. So, I decided to make an universal indicator without any input parameters. In this case you will have very stable indicators without any worries that you put some wrong numbers. This indicator will show Buy (colo
![Simple trend indicator](https://c.mql5.com/31/247/simple-trend-indicator-logo-200x200-9795.png)
This indicator serves to depict the beginning of the trend (these are the green and red points of the graph). It is called simple because there are very few setup parameters, but it is essentially a set of rules - it is used a combination of WATR and a set of MAs. By combining their readings, it determines the direction of the trend.
How to use When there are green points on Main line of indicator, the trend direction is UP and you can BUY. When there are red points on Main line of indicator,
![Voles Indicator](https://c.mql5.com/31/247/voles-indicator-logo-200x200-3092.png)
Voles Indicator Operation Principles It is based on the standard indicators of the MetaTrader 4 terminal. It shows the market entry points.
How to trade When a bar is complete and an arrow is shown, place a BuyStop order at the High of the bar is the arrow is green, or a SellStop order at the Low of the bar if the arrow is red. StopLoss should be set at the level of the last downwards fractal below the entry point at a green arrow or at the level of the last upwards fractal above the entry po
![Supporta MT4](https://c.mql5.com/31/247/supporta-logo-200x200-7429.png)
Supporta is a trading indicator that automatically identifies support and resistance levels and their strengths from price movements and draws them on price charts. The instrument supports both the MetaTrader 4 and MetaTrader 5 terminals and can be used on any financial instrument and any timeframe. The MetaTrader 5 version is available on the market as Supporta MT5 . For full documentation and quick start, please refer to the official guidebook which is available for download in the comments se
![VsaRadar](https://c.mql5.com/31/247/vsaradar-logo-200x200-5898.png)
The panel works as a filter, finding patterns based on the Volume Spread Analysis technique. Search is carried out for selected trading instruments and all available timeframes. It is possible to add and remove instruments. Clicking the signal button allows you to quickly move to the chart with the identified pattern and timeframe. It can also search in history (by previous bars) with the buttons "<<" and ">>". The panel can be scrolled using the "UP" and "DOWN" keys.
Input parameters Basic Se
![NN8D Points](https://c.mql5.com/31/248/nn8d-points-logo-200x200-5953.png)
NN8D Points is one of the indicators included into NN8D ( N ikolsky's N esting D oll) trading system. NN8D Points is an indicator containing multiple tools for analyzing Forex market: candle analysis and area system. Rather than simply averaging by Open, Close, High and Low prices, NN8D Points performs a complex analysis of the current and previous bars by various parameters: bar color; bar body size; bar wicks; bar core (average value between Open and Close, as well as between Lows and Highs);
![NN8D Volume](https://c.mql5.com/31/248/nn8d-volume-logo-200x200-5708.png)
NN8D Volume is one of the indicators included to NN8D trading system ( N ikolsky's N esting D oll). NN8D Volume displays a trend direction sorting out the market noise and keeping trades even during main trend corrections. Buy checklist: Bulls on the current bar and preferably on the previous one. NN8D Volume line should go up moving away from Bulls points, showing a bullish trend and increase in volatility. Current bar - Buy (an open price is below a close one). Sell checklist: Bears on the cur
![Alert Pro](https://c.mql5.com/31/248/infern0g0d-logo-200x200-2545.png)
This indicator alerts for potential buy and sell using exponential moving average. The indicator supports push notifications, terminal alerts, and sound alerts. I am an active developer who studies Forex and will continue to update this indicator with new features. It is customizable for one minute, five minute, fifteen minute, thirty minute, one hour, four hour, daily, weekly, and monthly timeframes.
Recommendations Indicator Settings : Use default settings. If scalping set M1 and M5 to true
![Reversal ZigZag](https://c.mql5.com/31/248/reversal-zigzag-logo-200x200-9485.png)
The idea of the indicator is based on the ZigZag indicator using a new equation with the addition of volume.
Inputs InpDepth — Depth. InpDeviation — Deviation. InpBackstep — Backstep. Enable_Alert — audio and text notifications on a trend change. Send_Notifications — push notifications to mobile devices. E-mail alert — email notifications. Make sure to configure email parameters in the terminal settings.
Features The indicator does not repaint. The indicator does not recalculate. The indicat
![Average True Range Extended](https://c.mql5.com/31/248/average-true-range-extended-logo-200x200-1536.png)
This is an extension of the Average True Range indicator with the breakdown of price gain, loss, and standard deviation; with the price break down into price gain and loss, this can now be used as an oscillator with standard deviation as the queue to time the entry and exit.
Settings ATR Period - Typically set at 12. ExtStdDev Period - This the period for the Standard Deviation and it typically follows the ATR Period.
How to use Buy / Sell Direction - If the green (gain) is higher than the l
![True Channel](https://c.mql5.com/31/248/true-channel-logo-200x200-8201.png)
True channel indicator builds the linear regression channel. The channel consists of the support/resistance line rays, as well as the averaging trend line.
Extra info displayed by the indicator support/resistance price for the current bar channel width channel slope current price position relative to the channel in %
Options Bars for calculation - number of bars for building the channel Price for calculation - price used for the channel borders construction (Close, High/Low and Open).
![Kiss III EMA](https://c.mql5.com/31/305/kiss-ema-365-logo-200x200-8921.png)
Индикатор динамического уровня сопротивления и поддержки Moving Average. Визуально показывает момент прикосновение цены Bid ,
одной или трёх скользящих средних с заданными во входных параметрах свойствами. Создан для наглядности сигналов и оповещения состоявшегося пересечения (прикосновения) цены Bid и Moving Average. Скользящая средняя — это просто усредненное значение цены за выбранный период времени, он же таймфрейм (ТФ).
Именно поэтому скользящие используются на самых разнообразных
![LevelPAttern](https://c.mql5.com/31/248/levelpattern-logo-200x200-3299.png)
LevelPAttern is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications.
Indicator operation features It is suitable for working with any CFD and FOREX trading instrum
![Intraday Dashboard MT4](https://c.mql5.com/31/670/intraday-dashboard-mt4-logo-200x200-4910.png)
Intraday Dashboard for MetaTrader 4 - Promo 30 USD - 8 license left Intraday Dashboard consists of comprehensive data designed to only be displayed with the toggle button. A lot of trader don't like messy chart, however it does happen sometimes that trader need to look into data such as session and economic calendar to make a better decision making when trading. This indicator is solution for that particular condition, to provide market information only if needed. Features Separated button for
![Reversal zones x2](https://c.mql5.com/31/249/reversal-zones-x2-logo-200x200-7154.png)
The indicator looks for buying and selling zones, where a deal can be opened with a minimal stop loss and a better Risk Reward Ratio. The indicator is based on qualitative search of the Double top/Double bottom pattern.
Indicator operation principle Looks for local tops/bottoms which can potentially become a Reversal zone It waits for an impulse movement that would exceed the Reversal zone and draws a red/blue wide rectangle Within the Reversal zone, it looks for the strongest area of the zone
![Volumes Message](https://c.mql5.com/31/249/volumes-message-logo-200x200-7714.png)
Indicator of tick volumes equipped with notification system and the ability to monitor sudden and significant changes in the prices of bars relative to the specified coefficient - Change Factor - to the average value of volumes for a certain period of time (Period Signal) and the bar of the previous trading session. The color of the indicator's histogram characterizes the changes in volume of a bar: 1- relative to the previous session; 2 - relative to the signal line. According to the notificati
![Lines Target ZFS](https://c.mql5.com/31/250/lines-target-zfs-logo-200x200-6709.png)
The main function of the indicator is to draw the target lines (support and resistance lines). The lines are plotted according to a special fractal algorithm. The lines are calculated with consideration of the zero bar. A different, more complicated calculation algorithm is used on the zero bar, in contrast to the other bars. This allows reacting to the market situation in real time, but on the other hand, redrawing is possible on the zero bar. If necessary, the zero bar can be omitted from calc
![MTF ATR with alert](https://c.mql5.com/31/250/mtf-atr-with-alert-logo-200x200-3200.png)
A.Indicator description This indicator tells you ATRs of various time-frame and how much ATR is filled. If ATR is completely filled,this indicator alerts you. Font,color and font size is customizable.
B.Why do you need ATR? ATR tells you how much bars propbably would move. You can use this indicator to set stoploss and take-profit,or enter counter-trend setup. But it is risky to enter trades based on ATR alone. So,you should use ATR with other indicator and price action.
C. Input Parameters
![Swap Dashboard](https://c.mql5.com/31/253/swap-dashboard-logo-200x200-1666.png)
View and compare the swaps of all symbols in the Market Watch in one dashboard. A helpful tool for traders who like to use the swap to their advantage, or simply avoid trading against punishing swap rates. Choose whether you want to view the unedited swaps; adjust the swaps to show as a percentage of the Average True Range (ATR); or show the amount of currency you will get each day for trading the symbol using a given lot size. Sort the symbols by Name, or by their long or short swap value, by c
![Candlestick Patterns Detector](https://c.mql5.com/31/250/candlestick-patterns-detector-logo-200x200-6013.png)
There are total of 11 bullish candlestick patterns and 11 bearish candlestick pattern and 4 different types of indecision bar. Bullish formations Bullish 3 method formation Bullish Engulfing bar Bullish Harami Bullish Separating line Bullish long lower shadow Morning star Morning Doji star Three white soldiers Rising window Piercing line Tweezer tops (MINOR) Bearish formations Bearish 3 method formation Bearish engulfing Bearish Harami Bearish long lower shadow Bearish Separating Lines Evening s
![Range Multi Alligators](https://c.mql5.com/31/250/range-multi-alligators-logo-200x200-6887.png)
Range Multi Alligators provides Range Channel High Low Information and the market trend indicated by the blue-red Histogram in the middle of range channel. The range channel lines is useful to define stoploss and take profit. This is trend follower indicator based on the Multi Alligators. Attach it on the chart and change one or all setting then all lines will move synchronously with the current one.
Parameters Period : the number of bars used for the indicator calculations. Default: 120 used
![Pattern Finder](https://c.mql5.com/31/250/pattern-finder-logo-200x200-6643.png)
Pattern Finder is a MULTICURRENCY indicator that scans the entire market seeking for up to 62 candlestick patterns in 15 different pairs/currencies all in one chart! You can also filter the scanning by following the trend by a function based on exponential moving average.
Indicator parameters Alerts ON/OFF: Alert on screen ON/OFF : enables or disable screen alters. Notification by email ON/OFF : enable or disable email alerts. Push notification ON/OFF : enable or disable push notification on m
![Future Waves](https://c.mql5.com/31/250/future-waves-logo-200x200-2898.png)
It is well known that market moves as waves and in cycles. The FutureWaves indicator looks at various such cycles present in the market and projects those cycles into future to give a indication as to what may happen and what can be the biases present in each coming cycle. The indicator can be used for Binary options and fx trading. Green histogram should be seen as the strength of buyers and red histogram that of sellers. Both the bias and the sync waves should be seen as the imbalances between
![Lines for MT4](https://c.mql5.com/31/250/lines-for-mt4-logo-200x200-3263.png)
Do you need to check support and resistance lines? Do you need to find them really fast and automatically? Do you want to set your own settings how to find them? Indicator Lines is developed for finding support and resistance lines on chart. It does its job quickly and fully automatically. Main principle of algorithm is to get all extremes on chart (according to "Density" parameter). Then indicator tries to find minimally 3 points (according to "Minimal count of points" parameter) which can be u
![TSO Thermostat Strategy MT4](https://c.mql5.com/31/279/tso-thermostat-strategy-mt4-logo-200x200-2689.png)
TSO Thermostat Strategy is an indicator that can adapt to the current market conditions by switching from a trend-following mode to a short-term swing mode, thus providing the best possible entry/exit signals in any situation. It is based on the Thermostat Trading Strategy as presented in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill. Strategy The Thermostat Strategy uses different entry and exit conditions based on the current situation of the mark
![MasterFx BuySellCorrection Macd](https://c.mql5.com/31/251/masterfx-buysellcorrection-macd-logo-200x200-7206.png)
BSC is an indicator created to make calculations of the BUY and SELL signals informing when the trend starts and ends. It also reports when there is a correction relating to this previous BUY or SELL signal. After this correction , it again indicates that this correction has ended, returning to trend again. This indicator can be used in any timeframe.
Characteristics Type of indicator: MACD Socks used: EMA5 - EMA 34 - SMA 5 MACD Signal Crossing with MACD MAIN Red Color = Price Drop Color Green
![ATR Arrows MTF](https://c.mql5.com/31/620/atr-arrows-mtf-logo-200x200-7322.png)
The ATR Arrows MTF indicator is built based on the Average True Range (ATR). It provides entry signals as arrows. All signals are generated at the current bar. Signals do not redraw! All signals in MTF mode correspond to the signals of the period specified in the MTF. It is very easy to use both for trading based on one indicator and for use in your trading systems. The indicator timeframe can be set independently of the main window, so you can combine several indicators in one window.
Param
![Profit Loss Viewer](https://c.mql5.com/31/251/profit-loss-viewer-logo-200x200-4979.png)
This indicator is used to visualize the profit of closed and open orders on the symbol. To control using four buttons which are located on the chart after the indicator is started: Button "C" - show/hide on chart open and close points of closed orders from account history by current symbol; Button "O" - show/hide on chart open points of opened orders and distance between open point and current order close price point; Button "$" - show (if button "C" and/or button "O" activated) / hide every ord
![Ready Set Go](https://c.mql5.com/31/251/ready-set-go-logo-200x200-9645.png)
Ready Set Go is a combination of Indicators and Candlestick Analysis. Indicators to assess Momentum Candlestick Analysis to look for patterns
How the indicator works The indicator works by assessing the Momentum and direction of a trend with Candlestick analysis to test patterns. With a clear and easy to read display grid for buy and sell patterns the chart shows Ready, Set & Go with a tick mark. BUY - Green tick mark Ready - Momentum is moving upwards Set - Candlestick pattern forming Go - Mo
![Super Binary FX Signal](https://c.mql5.com/31/251/super-binary-fx-signal-logo-200x200-6977.png)
The principle of this indicator is very simple: detecting the trend with Moving Average, then monitoring the return point of graph by using the crossing of Stochastic Oscillator and finally predicting BUY and SELL signal with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each time frame. Example: If you install indicator on EURUSD, timeframe M5: the indicator will detect the main trend with the Moving Average on this timeframe (for example the Moving
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