Forex indicators mt4
Relative Strength Levy can be abbreviated as RSL.
Creates Fibonacci Retracement on the chart based on the ZigZag indicator. Tap the "X" or "Z" key to scroll through each swing in the ZigZag, to the right or to the left. For those who do not like clutter on their charts. The indicator can scroll to the right until it disappears from the chart, but it is still there. Scroll left to bring it back. This is one of the most useful tools in my trading toolbox!
AutoFibLinesMrVB indicator draws automatically the Fibonacci levels on the chart.
Tipu CCI is one of the popular indicators in the Market. The original code for Tipu CCI is modified by removing compatibility with Tipu Panel. This version of Tipu CCI is open for everyone who is interested in developing an Expert Advisor.
Calculate Pivot Points based on H1 bar, according to normal formula and Fibonacci, with color filling.
This indicator is based on original RSI, but more features are added to general signals and watch the strength of the price movement. The main purpose is to general buy/sell signals using smoothed RSI and its MA.
The indicator is based on the idea that before the price and the indicator itself turn, the indicator rate slows down first and only then turns.
This is the semaphore indicator with arrows based on BB and RSI.
This is the semaphore indicator of candles that highlights the candles on the chart, which have same direction like all candles for your chosen timeframes.
Displays the relative strengths of chosen currencies on one chart.
Get entry signals from specific candles based on your rules.
Displays a Histogram of Momentum, ATR, CCI or RSI indicators relative to a specified level.
RSI modified to show the excess of the market (more than 70 and less than 30), and show you the divergency with the price.
Center of Gravity Modification 2018.
Indicator displays the value of defined stop loss and or take profit in the deposit currency.
This indicator allows you to see the Moving Averages from different timeframes on the same chart. It helps you to spot the dynamic levels of support and resistance. It uses a custom window with check boxes to show/hide the different Moving Averages without need to access the indicator settings window.
Displays the number of each bar - both, relative to the most current bar and in absolute terms from the beginning of the chart.
This custom indicator will show you 28 pair's daily candle range, High-Low range, candle bullishness or bearishness from real tick market. So you can understand the overall market situation very short time. You can change the default timeframe from Daily to any period and default candle (bar) number from 0 to any previous number. Also you can open the required symbol by clicking the symbol button.
Previous Candle Hi-Lo is used to check the last candle multi-timeframe position relative to the current price.
As simple Regression Channel code for MetaTrader 4.
Shows when two or three consecutive bull or bear candles of a certain size print after qualifying the stochastic level of the initial candle in the series.
Get a grasp of the current trend by candle colors.
Indicator to trade divergence. One of 30 indicators can be selected.
The indicator marks the days of the week with a colored histogram in the chart sub-window.
Relative Strength Oscillator or RSO is an Oscillator version of RSI.
This indicator allows you to define a checklist for you to manually check and confirm your strategy before entering into a trade.
This is a multi timeframe indicator for Bollinger Bands. With it you can plot the Bollinger Bands of the higher timeframes without changing the current chart. This allows you to more clearly understand the price context by seeing the levels of the other timeframes on the same chart.
This indicator helps to move charts one by one to the the front, just like slide show,and make your hands free.
A channel based on standard deviation of close price.
This is a binary options simulated trading indicator on MetaTrader 4 client, novice traders can use to practice trading strategies, program interface have simplified Chinese and English.
Tipu MACD is one the popular indicators in the Market. The original code for Tipu MACD is modified by removing compatibility with Tipu Panel. This version of Tipu MACD is open for everyone who is interested in developing an Expert Advisor.
Automatic Fibonacci with ZigZag Base.
Accumulated RSI that uses floating levels or quantile bands.
Forex indicator for MetaTrader 4 with show double line of linear regression with position degrees and trend alerts.
Forex indicators mt4
There thousands MT4 custom indicators available for Forex trading.
Which MT4 indicators are good? Which one to try out first?
Many custom MT4 Forex indicators need further explanation and trading instructions before anyone can actually use them. Others are simple and intuitive.
Testing all 1000+ MT4 indicators is challenging.
Reviewing a list of preferred MT4 indicators, tested by someone else is much easier!
To test indicators you'll need MetaTrader4 platform. (The list of all MetaTrader4 Forex brokers)
The List of favorite MT4 indicators
Woodie, Gann and Forex-freedom rules !
You are the best man.
Thanks a million
ADE in Nigeria
Hope there is some explanation on how to use those above indicators.
I'm slowly adding descriptions.
Fell free to ask about any indicator, and I'll review it for you.
Just have some few queries, the ff are:
1. From above indicators, what resembles SMA,WMA and EMA, that could somehow forecast the next upcoming movements?
2. From above indicators, what are 3-4 combinations that could confirm and affirm signals?
3. on the 3-4 combination, is it possible to make an EA on that?
Mark Dela Concepcion
Heiken-ashi can be confirmed by BBands_Stop or Laguerre indicator.
I'm not able to create EAs at the moment.
how do you use forex freedom indicator
The description page has been added.
Hi i'd like to ask about kaufman , how does it work ?
thanks for your reply,
Added. Check the link in the list above.
Pls how do you install forex freedom on MT4
copy the indicator into MT4/experts/indicators and then restart the platform and seek your new Forex freedom under custom indicator.
I would just like to say that you have really done a great job of putting these indicators together,
my favourite the Gann and heikenashi smooth, and the b-clock
Thanks for your hard work
Hi, How do you use the Gann and the Real_Woodie indicators?
Mike, New Zealand
Alas the Wolf Wave indicator gives signals that break the rules. ie it does not produce a decreasing wedge when poits 2and 4 are aligned and points 1,3 and 5 are aligned for a bull or bear wave. The decreasing wedge down should represent a bull wave from point 5 forward and decreasing wedge up should produce a bear market from point 5 onwards.
Which indicator is the best for 5m charts?
Your indicators are posted in two different formats. For example, SuperSR is not in indicator form where you can copy and install in indicator folder.
would you please explain how to use gann and woodie. Thanks in advance.
- Gann and Woodies explanations have been added.
- So far Wolf Wave indicator is the only one known indicator for wolf wave theory. It might have flaws, but I haven't seen a better version of it.
- Basically all indicators can be traded on 5 min charts, so pick anyone you like.
- Agree that some are not indicators, but rather experts, therefore in order to work should be placed in Experts folder rather than in Indicators folder. As soon as description for those experts will be added, an appropriate note will be made.
Can you please explain indicators listed in your 'Favorite MT4 Forex indicators'. Screenshots & video will be very helpful.
Thanks in advance
Please can you explain more the forex_freeaway. do you take a trade when all the lines are the same colour?
my is always green and red the same time. green up, red down
I added a new comment with explanations lately, please check here:
tq for indicator collection. pls show me how to use wolfwave nen indicator.
sure, I've got few other requests for new indicators, so I'll schedule some time and get to work by the end of this week. Stay tuned!
I've made a new page, check out here the Wolfe wave trading
Forex indicators mt4
As the name implies, the CCI/ATR Super Trend MT4 forex indicator is composed of CCI and ATR. It draws an easy to understand buy/sell signal line together with fractals on the activity chart. A buy signal occurs when the signal line changes color from red to green. Vice versa, a sell signal occurs when the […]
123 Patterns V7 Metatrader 4 Forex Indicator
The 123 Patterns V7 forex indicator is a typical breakout Metratrader 4 indicator. This technical indicator draws 2 colored breakout lines on the chart, a blue and red one. The blue signal line is used to trade bullish breakouts while the red signal line is used to trade bearish breakouts. In the upper left corner of the […]
Multi Signals Dashboard Metatrader 4 Forex Indicator
The Multi Signals Dashboard Metatrader 4 forex indicator provides traders with powerful market insights. The indicator detects bullish and bearish trends for 5 popular technical indicators and displays the outcome in one simple to read mini dashboard on the main activity chart. It scans the MACD, PSAR, MA, MACD and ADX technical forex indicators. The Multi […]
1-2-3 Pattern Metatrader 4 Forex Indicator
The 1-2-3 Pattern Metatrader 4 forex indicator was developed for the 1-minute, 5-minute and 15-minute trading charts. The indicator draws the famous 1-2-3 trading pattern on the chart. Trading this pattern is quite easy: Take a look (screenshot below) at the third line of the trading pattern, when it is red colored, this is a bearish signal […]
Colored Bollinger Bands Metatrader 5 Forex Indicator
The Colored Bollinger Bands Metatrader 5 forex indicator is a technical tool that draws the Bollinger Bands, but this time, the bands gets filled with dissimilar colors based on the trend direction. An uptrend is spotted when price crosses the upper bound, the MT 5 forex indicator gets filled with blue color, while a downtrend is […]
Mogalef Bands Metatrader 5 Forex Indicator
The Mogalef bands Metatrader 5 forex indicator takes into account the market environment when making future projections of the high, median and low levels of the most probable price range. This indicator can be deployed straightaway on any currency pair, stock, index or future you may be working with. Targeting breakouts, taking profits or even […]
Multi Pass Moving Average Filter Metatrader 5 Forex Indicator
The Multi Pass Moving Average Filter Metatrader 5 forex indicator is a digital filter that omits the use of coefficients, in a bid to deliver simplicity and an efficient code. It is a trend following forex indicator that works for scalping, day trading and swing trading. The basis of the aforementioned is a good old simple […]
Double Smoothed Stochastic Metatrader 5 Forex Indicator
The Double Smoothed Stochastic is a momentum Metatrader 5 forex indicator that compares the closing price of a currency pair to the range of its prices over a specified period of time. Reducing the value of the stochastic period (a variable within the inputs parameter), reduces the sensitivity of the oscillator. The general idea behind […]
Nearest Neighbor Signal Metatrader 5 Forex Indicator
The Nearest Neighbor Signal Metatrader 5 forex indicator solves the problem of treating all prices within a pattern as equal, but this flaw is present in the previous version of the indicator. The indicator assumes that older prices have the same effect as newer ones. To surmount this problem, the Nearest Neighbor Signal MT5 forex […]
Wedges Pattern Metatrader 4 Forex Indicator
The Wedges Pattern indicator for MT4 scans any pair for possible trend reversal patterns based on the wedge trading pattern. There are two types of wedge trading patterns, the falling wedge and the rising wedge. When the wedges pattern completes and price breaks out of the wedge, this creates a trade opportunity. A bullish breakout […]