Technical Indicators for MetaTrader 4 - 34

Vertical time lines. A simple indicator that draws on the graph vertical lines of time. 1,3,5,10,12,15,20,30,60 minutes. You can change the line color, line style, select a time period from 1 to 60 minutes. Applies to any chart, timeframe. Incoming parameters: Minute_Num = 20;           // step 3,5,12,10,20,15,30,60 minutes color Line_Color = clrYellow; // color line Line_Dash = 2;                //0,1,2,3,4... solid, dash, dot, dash dot,dash dot dot

Индикатор изначально предназначался для торгового робота который в дальнейшем опубликуется. Рисует на графике флет. То-есть покой тренда. Очень отчетливо выражает флет по параметрам по умолчанию. flateWigth - допустимая ширина или разница между барами по которому индикатор будет засчитывать  флет. Индикатор работает в реальном времени. Для наглядного просмотра работы можно запустить в тестере.  

This indicator draws on the chart high and low prices of different periods . And If you want, Indicator can alert you when the current price arrive these levels. Alert Options:   Send Mobil Message, Send E-mail, Show Message, Sound Alert Time Periods:  M1, M5, M15, M30, H1, H4, D1, W1, MN Inputs:  TimeShift: You can set start hour for calculating. And that way you can see levels independently from broker server's time-zone. PipDeviation: You can set price sensibility for alert (Default: 3) Lines

Based on the trend-following principle of CCI, it has been improved to become an indicator that can identify the reversal of the trend and its development direction, that is, it can identify the top and bottom attenuation of the oscillating trend in the trend market. feature The red and green columns represent the trend of bullish or bearish development under the current cycle. The blue line shows the position and attenuation of the current price trend in the current cycle. The upper and lower r

Indicator SR levels true in small time frames is very useful for scalping while in bigger ones it is good for day or position trading. SR levels true can draw 4 support/resistance levels based on defined maximum rebouds from price level. Indicator scans  defined number of bars in time axis and defined number of pips in price axis (both sides - up and down) and calculates how much times price was rejected from scanned price levels. At the price levels where maximum rebounds are counted, support

This is a user-defined algorithm based on MACD, which adds a signal line to make this indicator look like the MACD style popular in mainland China. At the same time, a pop-up box is added to indicate the buying or selling signal when two signal lines cross. The yellow signal line shall wear the pink signal line, the pink signal line below, and the yellow signal line above, indicating long. Under the yellow signal line, wear the pink signal line, under the yellow signal line, and above the p

This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d

Custom Pattern Detector Indicator This indicator lets you define your own custom pattern instead of the typical candlestick patterns. Everybody already knows about common candlestick patterns like the Doji pattern. This indicator is different though. The pattern you will define is a custom pattern based on CANDLE FORMATIONS . Once the indicator knows the pattern you want it to look for, then it will go through history on the chart and find matching patterns, make them visible to you, and calcula

I create this this Free Indicator to help you to plot your BUY / SELL Average and BEP level in your chart. Just drag to your chart, and you can see the level and plan better to your trade. It's usefull if you have averaging position or even hedging position, so you can plan your trade better and no need to calculate manually again. Use it for free, and please leave comment if you feel this usefull.

This indicator was created most for personal use. I decided to look up the last 3 bars of RSI,  it is good for scalping or for weekly trading and looks as universal fx-toy.  In menu you can turn on daily percentage gain info, it is good for crypto as for me, weekly and monthly gains also included as informers.   Short ATR helps to determine when price was stopped and entry for pulse pump/dump. The filter of numbers of RSI can be tuned for overbought/oversold values with colors you needed.  Exam

The "Trend Edges" indicator determines whether the trend is rising or falling. It is suitable for any time frame (tested on DAX). The indicator should be treated like Bollinger Bands, meaning that if it breaks out upwards, you can buy with a stop loss below the lower edge. Find a trending pair, index or CFD. Additionally : -Sound alert on trend change. -Alert Notification -Alert Notification on your mobile phone Check my other indicator "Trend Edges histogram"

Rate of Change Base on the formula, ROC = (Close[n] - Close[n-lookback]) / Close[n-lookback] * 100 to plot the rate of change of a currency pair price action over a lookback period, and provides two global variables, SYMBOL_ROC and SYMBOL_ROC_LOOKBACK, which represent the latest Rate of Change value and the Rate of Change at the previous lookback period. Invoking the indicator using the iCustom function, iCustom ( "Market/RedeeCash_Rate_of_Change.ex4" , Symbol (),5 , 0 ,0); and then retrieving t

The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 1,2,3 minutes. The indicator suitable for auto and manual trading. A possible signal is specified as a arrows above/under a candle. You should wait until the candle closes! Arrows are not re-painted Trade sessions: TOKYO section (Half-end) Currency pairs: USD/JPY Working time frame: M1 Expiration time: 1,2,3 minutes. The indicator also shows good results when using the martingale strateg

RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec

RaysFX StochRSI Presentiamo un indicatore MQL4 sviluppato da RaysFX, un rinomato sviluppatore nel campo del trading algoritmico. Questo indicatore è una combinazione semplice ma potente di due indicatori popolari: RSI e Stocastico. Caratteristiche principali: RSI : Un indicatore di momentum che misura la velocità e il cambiamento dei movimenti dei prezzi. Stocastico : Un indicatore di momentum che confronta il prezzo di chiusura di un titolo con la gamma dei suoi prezzi durante un certo periodo

Indicador "Supply and Demand Channels" para MetaTrader: Potencia tu Trading con Claridad y Precisión El indicador "Supply and Demand Channels" para MetaTrader es una herramienta avanzada diseñada para brindar a los traders una visión nítida y precisa de las zonas clave de oferta y demanda en el mercado. Basado en el principio fundamental de la ley de oferta y demanda, este indicador ofrece una interpretación gráfica única de las fuerzas que impulsan los movimientos de precios. Características De

It is a very simple and useful micro indicator. Shows the current ask price, and the maximum relative ask price up to the current moment, on the chart, in the first N candles. It facilitates quick decision making by offering a visual reference. Likewise, when we position ourselves with the cursor over it, it shows us the maximum spread  since the indicator is applied, until the current moment. It is perfect for scalping . By default, the parameter N has the value 4.  Especially recommended indi

Discover a Simple Yet Powerful Moving Average Indicator for MT4! This custom indicator is built around a smart combination of Simple Moving Averages —perfect for identifying high-probability trading setups with minimal effort. Even if you’re new to trading , you’ll quickly spot clear and profitable trade signals thanks to this indicator’s straightforward logic. The pattern recognition is so intuitive that beginners and seasoned traders alike can benefit right away!  Why You’ll Love This Indicat

Heiken Ashi Candles Indicator for MetaTrader 4 The Heiken Ashi Candles Indicator is a valuable tool designed to make trend detection and potential market reversals more straightforward. By employing specialized formulas , it smooths out price fluctuations and filters out extraneous noise . This approach results in a cleaner and more fluid representation of price movements on the chart, offering traders a clearer perspective and simplifying the process of trend analysis . «Indicator Installation

A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails. The tail of the pin bar shows the area of price that was rejected, and t

Introduction and Description The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The CCI can be adjusted to the timeframe of the market traded on by changing the averaging period.  CCI indicator with different colors at levels 0, 100 and -100. The cross is a

The Ergodic is an oscillator based on William Blau's True Strength Index, which is based on Momentum to which double smoothing has been applied. 100* EMA(EMA(Momentum) / EMA(EMA( |Momentum|)) The Ergodic adds a moving average to the TSI which will act as a Signal Line.  This oscillator can be used to identify trend reversal zones, or trend continuation phases. VERY USEFUL WHEN USED IN CONJUNCTION WITH THE CURRENCY INDEX. L' Ergodic è un oscillatore basato sul True Strenght Index di William Bla

BinaryWizardMT4 is a powerful indicator for trading short-term binary options. In fact, this is a ready-made trading system. The indicator calculates the reference point and a short-term support and resistance levels. After the current price crosses the resistance level, a sell signal is formed (SIGNAL: SELL). Similarly, after the price crosses the support line, a buy signal is activated (SIGNAL: BUY). Parameters x1, y1 - binding coordinates of the indicator window to the upper left chart corne

3 Bars High Low indicator for MT4 The 3 Bars High Low Indicator combines the Commodity Channel Index (CCI) and the Average True Range (ATR) to display the trend direction using a Dynamic Line . The positioning of candlesticks relative to the indicator line determines whether the trend is bullish or bearish . The "3 Bars High Low" indicator also plots Williams Fractal Points as colored markers around the price. «Indicator Installation & User Guide» MT4 Indicator Installation  | Three Bars High L

The Bolliger Bands On-Off let you control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . --->  This indicator is part of Combo Indicator OnOff The Bollinger Bands identify the degree of real-time volatility for a financial instruments . A lower amplitude corresponds to a low volatility, conversely a greater bandwidth corresponds to high volatility. Na

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.

Smart and simple Indicator based on wolves waves reversal pattern also near to falling and rising wedge and butterfly patterns with Stoploss and entry signal preferred time frame M30 : with parameters bars count used for calculation = 200 and moving average for accuracy = 100; you can try it for other higher or lower parameters and try your own set of inputs higher timeframe = lower input !!! important note ::: Indicator don't back draw when first installed on Chart  once installed wait for new

A real rarity for scalpers. Are you looking for TFs lower than M1 ? Do you want to see the price dynamics inside the candle? This is a tool for you. Visual Ticks is an indicator that shows the tick chart in a separate window. He does it in real time waiting for changing ticks. Thanks to Visual Ticks, we can look inside the traditional candle and see the dynamics of the moving price. By setting "period_of_model" we can shape a chart made of candles. "period_of_model" defines how many consecuti

The principle of this indicator is very simple: detecting the candlestick pattern in M30 timeframe, then monitoring the return point of graph by using the pullback of High-Low of M5 Candlestick 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 XAUUSD, timeframe M5: the indicator will detect the reversal, pullback, price action on this timeframe (for exa

Day and Week separator is a very simple tool to show day and week separator lines from a specific time mentioned in the input. This is specially helpful for the trades who has time zone differences in their broker terminal. Let us take an example  If user know that at 7:00 in the chart his local time 00:00 then he will simply put 7:00 in the input . Separator lines will starts drawing from current day's 7:00 There is also a bold line for weekly separator

This indicator allows to hide Ichimoku Kinko Hyo (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Tenkan-sen Kijun-sen  Senkou Span B Information on "Ichimoku Kinko Hyo" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/ichimoku ************************************************************* Hey traders!!  Give me your feeds!  We are a community here

The indicator displays on a chart trading results. You can configure the color and font of displayed results, as well as filter trades based on the magic number. If multiple trades were closed within one bar of the current timeframe, the result is summed and output in one value. Utility parameters Plot profit in - the format of output results: wither in deposit currency taking onto account commission and swap, or in points. Start from - start processing data at the specified time. Plot last dea

This indicator Plots Open, High, Low and Close levels of previous month, on current month's lower time frames. These levels act as good support and resistance levels. Most of the time price oscillates within the levels. wait for price to reach these levels and act accordingly. Pay special attention to confluence of levels. According to my observation if Close (White) level is in confluence with any other levels, High probability of break out or bounce back. Scroll back to previous months and ob

Candle Pattern Alert indicator alerts when the last price closed candle matches the set input parameters. You can choose to scan through all the symbols in Market Watch or enter your favorite symbols and also you can enter time frames you need to scan. --------- Main settings- ------- Select all symbols from Market Watch? - if Yes the program scans through all the symbols displayed in Market Watch, if No - only selected in next input symbols are scanned Enter symbols separated by commas - enter

FusionAlert StochRSI Master is an indicator available for MT4/MT5 platforms, it is a combination of RSI & Stochastic indicator which provide "alerts" when the market is inside "overbought and oversold" regions combined for both indicators, results in more precise and accurate signals to be used as a wonderful tool, in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Jo

BreakEven PRO line – Instantly visualize your breakeven point Have you ever wondered exactly where your open trades would reach breakeven — no profit, no loss? BreakEven PRO line is a visual indicator created for traders managing multiple positions. It automatically displays a horizontal line at the average breakeven price for your open BUY and SELL orders, clearly labeled with the live value on your chart. Perfect for hedging strategies , risk management , or simply maintaining precise control

Introducing the Range Predictor : Your Ultimate Guide to Future Trading Ranges! Imagine having the power to see into the future of market moves— Range Predictor brings this dream to life. Designed to deliver real-time, predictive support and resistance levels , this tool goes beyond standard indicators, offering trend direction insights and precise range forecasts . Whether you're a day trader or a swing trader, the Range Predictor is your all-in-one toolkit for mastering the markets. MT5 Ver

The M.O.D.E stands for " Multiple Oscillator Divergence Exit ". It is an indicator which signals a divergence between the price, and multiple oscillators. It is initially an exit indicator because it signals the weakening of a trend, but it could be used as an entry signal if used analytically Key Features: Check many divergences at once Non repainting Sends   Alerts and Push Notifications You could load the M.O.D.E onto a single chart, and be able to see the divergences happening on multiple os

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator WMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notification

I’m thrilled to present the Stochastic Indicator, designed for multi-time frame monitoring! This tool allows you to effortlessly track Overbought and Oversold conditions in real-time, all on a single screen. My goal is for this indicator to support you in your analysis and help you capture those perfect trading moments using your own strategies. If you find this indicator helpful, I’d greatly appreciate your support by liking my channel and giving it a 5-star rating! Your feedback inspires me to

Questo indicatore per MT4 traccia automaticamente i punti di pivot giornalieri sul grafico, fornendo livelli chiave di supporto e resistenza basati sui prezzi di apertura, chiusura, massimo e minimo del giorno precedente. I punti pivot aiutano i trader a identificare potenziali aree di inversione e zone di prezzo critiche, migliorando la precisione nelle decisioni operative quotidiane."

Investment Castle Support and Resistance Indicator has the following features: 1.  Dictates the direction of Buy or Sell trades based on Support and Resistance Levels automatically . 2.  Candles stick colors will change to Red for Sell and Blue for Buy (Default settings, user can change from the inputs). 3. This indicator is built-in the Support & Resistance based Investment Castle EA which works with Psychological Key Levels "Support & Resistance".

THE INDICATOR WITH A DOUBLE MOVING AVERAGE (MA). Recommendations: The indicator works better if two lines are of the same color at the same time. (if one is green and the other is red, the price is in the flat zone (it's better not to do anything)). Input parameters: 1. The period of the first and second MATCH. 2. The thickness of the line of the first and second MATCH. 3. The color of the line of the first and second MATCH. Looking for a good broker? Then I have a good offer for you! - 4

This is the Indicator is free to use and based on my "TheTurtleTrader" EA. Introducing the   Turtle Traders Donchian Channel Indicator   – inspired by an advanced trading system by the legendary Turtle Traders of the early 1980s, designed to bring authentic and diverse strategies to your trading portfolio. Core Strategy: This Indicator leverages a proven breakout strategy by displaying the highest high or lowest low over a defined period. Whether you prefer quick scalping trades or long holdin

The presented product is a trend indicator of technical analysis that allows you to open a position at the very beginning of a significant price movement. The most important qualities of the presented indicator are: The ability to follow the trend for as long as possible to get all the potential profit; Minimization of potential losses in case of a trend reversal or significant correction. The indicator has a wide range of customizable parameters allowing it to be used effectively in any market

Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an adva

This indicator calculates directly the value of the dollar index by using the ICE formula to plot the chart, this can help you as reference. You do not need your broker to provide the ICE DX to use this indicator, is a way to have it calculated. Little discrepancies could be found in the exact value of the candles or time due closing time of the trading floor and the use of decimals, but generally will give you good reference.  You need your broker offers the feed for the following pairs in orde

This simple indicator takes information from Ichimoku Kinko Hyo to establish strong and weak currencies to pair together for ideal trending situations. It also generates buy or sell signals based on the standard deviation of returns together with currency strength. A currency is said to be strong or weak depending on where the price is in relation to two factors: if the price is above the daily kumo and above the 26 day Kijun-sen, it is said to be strong. Likewise, when trading below the daily k

Velvet RVI is intended for use with the Velvet advanced ordering layer.  It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here . All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer.  In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" ( found here ),

BeST_Chande RAVI (Range Action Verification Index) is an MT4 Indicator that is based on the corresponding indicator developed by Tushar Chande which is mainly based on market momentum while focuses on identifying ranging and trending markets. By default RAVI is defined by the formula:  RAVI = Absolute value (100 x (SMA(7) – SMA(65)). Also by default there is an arbitrary reference level of 3% that means a market is ranging if the RAVI is less than 3%, or trending strongly if it is is greater th

DATE VERSION DESCRIPTION OF CHANGES 1.00 2022-09-06 Initial release The RedeeCash Triangular Arbitrage Opportunities shows the available currency triads and each currency trade position setup as a global variable, in the fomat of AAA/BBB, CCC/AAA, CCC/BBB: AAA/BBB -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/AAA   -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/BBB -1|0|1 where the value is the trade direction of either OP_BUY or OP_SELL. If the trade direction indicates -1, then no trade should occur for that

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

Probability emerges to record higher prices when Commodity Channel Index breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak

Fractals Direction ST Patterns MT4 is a modification of Bill Williams' Fractals indicator, which allows you to specify any number of bars for finding a fractal. In the settings, it is also possible to set the number of points for determining the trend direction. The upward direction is determined if the last upper fractal is higher than the penultimate upper fractal. The downward direction is determined if the last lower fractal is lower than the penultimate lower fractal. This simple indicator

SmartChanelFree is a universal indicator for all types of markets. This indicator should have in its arsenal every trader, since it represents a classic approach to analyzing the price of a trading instrument and is a ready-made trading strategy. The indicator forms the upper, average price movement limit. Attention !!! This version of the indicator is trial and works only on the chart with the period M1. The full version of the indicator can be found at: https://www.mql5.com/en/market/product/

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator SMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notification

This indicator shows drawdown based on highest equity. Usually drawdown is used to show performance of a trading account especially when someone participate in a trading contest. If drawdown  exceed a determined number, the contest account will be disqualified. So, I hope, this indicator will warn us in maintaining the drawdown and the account still be saved.

Introducing Round Range 5, a versatile and dynamic indicator designed to optimize your trading strategies on MT4. Let's explore how this indicator can revolutionize your trading experience by adapting round number levels to suit the unique characteristics of each instrument. In the fast-paced world of financial markets, round numbers play a crucial role. These price levels, ending with multiple zeros or other significant digits, often act as psychological barriers that influence market sentime

Average daily range, Projection levels, Multi time-frame ADR bands shows levels based on the selected time-frame. Levels can be used as projections for potential targets, breakouts or reversals depending on the context in which the tool is used. Features:- Multi time-frame(default = daily) Two coloring modes(trend based or zone based) Color transparency  

Candle Time Indicator for MetaTrader 4 The Candle Time Indicator for MetaTrader 4 is a practical tool that reveals how much time is left before the current candle ends and the next one begins. It shows the countdown in hours, minutes, and seconds directly beside the latest candle on the chart. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Candle Time Indicator MT5   | ALL Products By   TradingFinderLab  | Best MT4 Indicator:   Refined Order Block Indicator for MT4  |  Bes

The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra

EMA Separation plots 2 exponential moving averages, and a fill between them. The fill is colored differently according to an uptrend (short period EMA above long period EMA), or a downtrend (short period EMA below long period EMA). This is a small tool to help visualize the difference between long and short period averages. We hope you enjoy! EMA Separation can also be paired with our free EMA Separation Coefficient Parameters Short period (Default=10): # bars used to calculate short period EMA

This indicator was modified according to the 'Way Of The Turtle'. It generates a channel based on the opening price and ATR values of the current bar. Turtle ATR Channel can be used to help identify overbought and oversold conditions in a market. Calculation upper channel = Open + r1*ATR lower channel = Open - r2*ATR Among them: Open is the opening price of the current bar. ATR is the ATR value of the current bar. r1, r2 are the ATR ratios. Input Parameters ATR Period - set the period of the A

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Volume Moving Average (Volume MA) Indicator for Advanced Forex Market Analysis Introducing the Volume Moving Average (Volume MA) Indicator, meticulously developed in MQL4, a pivotal tool for enhancing your forex trading strat

Strong and weak Pairs is a trend following indicator to help you choosing the pairs to trade based on the currency score. Strong and weak Pairs is comparing currencies position to the moving average for all major pairs then display the position score from Zero (0) to Seven (7) with two lines on the chart. 7 is the strongest currency and zero is the weakest currency. Additionally there is a dashboard displaying all the currencies score to choose the pair you will trade. Strong and Weak Indicator

Dark & Light Themes for MT4. The Dark & Light Themes indicator helps you switch the MT4 chart display between dark and light color schemes. It also includes a watermark showing the current currency pair (symbol) and the active timeframe. This simple and clean interface makes it more comfortable for traders to analyze charts using any indicator. FXDragunov Indonesia.

RoundNumbers indicator is a simple and powerful psychological price levels. Trader usually use these levels as a Support and Resistance (SnR). Indicator Input: Levels - Numbers of levels drawn on chart. Default 30 levels. BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels. ZoneSize - Distance between each levels, default value 10pips (100point). Style & Colours - User inputs customization. For MT5 version, please re

This indicator is based on Linda Bradford Rashkes First Cross system. Normally trend based systems follow the trend from beginning to end, but this indicator instead selects a piece of the trend. This approach can be a very reliable alternative way of trading a trend. It waits for the 1st move to become exhausted then enters in anticipation of a sudden surge. The trend if found using a faster momentum indicator. When we get a cross on the 2nd oscillation we get our signal. Hence we capture a

STH & ITH & LTH ICT Indicator for MT4 Free Download The STH & ITH & LTH indicator is specifically designed based on the ICT (Inner Circle Trader) methodology. This advanced liquidity tool for MetaTrader 4 employs market structure principles, marking key price levels such as short-term highs (STH), intermediate-term highs (ITH), and long-term highs (LTH). «Indicator Installation & User Guide» MT4 Indicator Installation  | STH & ITH & LTH ICT Indicator MT5   | ALL Products By   TradingFinderLab  

The Magic EMA indicator is of great help in determining trend direction. It can be an excellent addition to your existing strategy or the basis of a new one. We humans can make better decisions when we see better visually. So we designed it to show a different color for rising and falling trends. Everyone can customize this in the way that suits them best. By setting the Trend Period, we can optimize it for longer or shorter trends for our strategy. It is great for all time frames. IF YOU NEED