MetaTrader Forex Indicators
At this page you can freely download MT4 and MT5 Forex indicators
that can be attached to the MetaTrader Forex trading platform
to boost your Forex trading performance. You can develop your own Forex
trading strategies using these indicators, or you can simply follow them as the
trading signals. Feel free to implement any of these indicators into a custom
MetaTrader expert advisor. You can
change these indicators freely before using on your Forex trading accounts.
You'll have to open a trading account with some of the
MT4 Forex brokers to use them.
If you have any problems with installing or using these indicators, please
refer to this tutorial:
MetaTrader 4 Indicators User's Tutorial
MetaTrader 5 Indicators User's Tutorial
Aroon Up & Down
(MT4, MT5) this MetaTrader indicator is based on finding the
maximums/minimums of the period and doesn't use any standard MT4/MT5 indicators. It is
a separate window indicator with 2 charting lines. I find it useful to determine
the trend changes.
BB MACD
(MT4, MT5) a MACD variation custom MT indicator, based on moving
averages and standard deviation indicator. It can be used to determine trend
starts/ends as well as the trend strength (the broader is the gap between two
bands, the stronger is the current trend).
Beginner
(MT4, MT5) this one shows up trend extremes (max and min) which can be treated as the
support and resistance points and help you understand current trend channels.
It is a simple indicator that uses some period to find the highest and the lowest
points and mark them with the dots. It can be a good base for your own range
breakout expert advisor.
BMA
(MT4, MT5) a moving average indicator version that saves the
traditional MetaTrader moving average functionality but adds two bands to the
standard line. These bands are placed (by default) 2% below and 2% above the
main line and serve as the strong pull-back levels.
CCI Arrows
(MT4, MT5) this CCI based indicator will give you signals by drawing blue and red
arrows on the chart. It simply detects the CCI cross with the zero but is quite
accurate.
Easy Trend Visualizer
(MT4, MT5) visualizes the trend beginning/end, along with the range
periods. It's based on the standard ADX indicator and produces quite accurate
trend signals.
Fisher
(MT4, MT5) finds the maximum and minimum levels on the given period,
applies custom calculations to the relation of the current price to those levels
and draws a histogram of the trend. Marks uptrend with green lines and
downtrend with red lines.
Float
(MT4, MT5) this MetaTrader indicator scans the latest trends and tries
to apply the data to the current rate, showing a trend start/end in a separate
window. It also shows Fibonacci retracement levels on the main chart window.
Laguerre
(MT4, MT5) a separate window indicator with one line signaling short and long positions,
when it crosses the upper band from above or lower band from below,
respectively.
Market Profile
(MT4, MT5) a classic market profile indicator created specifically
for Forex daily trading session.
Murrey Math Line X
(MT4, MT5) another kind of pivot points given in form of lines displayed on the main
chart. It uses Murrey Math rules to calculate the lines position. Lines are shown
for the current period and represent the support and resistance levels.
Not So Squeezy
(MT4) a set of indicators for the
Not So Squeezy trading strategy.
Pattern Recognition Master
(MT4, MT5) an indicator for the automatic Japanese candlestick patterns recognition.
It marks each candle, which fits any pattern, with the special code that represents the
appropriate candlestick pattern. The legend for the patterns and the corresponding symbols
is also attached to the chart with this indicator.
Price Alert
(MT4, MT5) an indicator that can notify you of certain price changes via the MetaTrader
sound alerts. Can be used in manual trading when you want to know when the price
reaches certain levels.
RSIOMA
(MT4) this indicator is composed of the RSI (Relative Strength Index) of two
moving averages and moving average of this RSI. The cross of them means the
change of the trend when the bold line is above it is an uptrend,
when the thin one is above it is a downtrend.
Spread
(MT4, MT5) an indicator that can display current spread for the
given currency pair directly in the main window of the chart. Useful when
dealing with variable spreads.
Support
and Resistance (MT4, MT5) as the name suggests,
this indicators shows the levels of support and resistance directly
on the chart. It uses standard MT4/MT5 Fractal indicator and does quite
well in depicting the good levels for the next stop-loss and
target-profit prices.
Trade Assistant
(MT4, MT5) a multi-timeframe indicator that analyzes the market conditions on
timeframes from M5 to D1 using the Stochastic Oscillator, RSI and CCI standard
indicators. The output is the set of buy or sell signalls displayed as a table
below the chart. It's very easy indicator to trade using both small and large
timeframes.
Traders Dynamic Index
(MT4) indicates trend direction, market volatility and trend strength in a
separate window of the MetaTrader terminal. It is handy in many trading styles
long-term and scalping. Read the commentary in the code to learn using
it (very easy).
TRO MultiPair
(MT4) a multiple timeframe indicator package for multiple currency pair. It
shows as a separate terminal window with 3 indicating dots for each of 4
different currency pairs for each MetaTraer time period. Dots combinations serve
as the entry signals. The more timeframes show the same combination the more
accurate signal is. Red, red, magenta is used to enter short; green, green, cyan
is used to enter long. You can select currency pairs via the input parameters.
The timeframe and the currency pair of the chart, to which you attach this indicator dont matter.
TzPivots
(MT4, MT5) daily pivot points indicator with an accurate and informative display.
Trader has to set two input parameters: LocalTimeZone time zone of the
MT4/MT5 trading server (e.g. "-5" if it's New York time) and DestTimeZone
time zone of the session for which you want to calculate pivot points (e.g. "+9"
for Tokyo trading session pivots).
Var Mov Avg
(MT4, MT5) indicator is based on the calculating of moving averages of the varying
periods. It detects crosses that produce buy/sell signals as well as current
trend indication. This indicator has a sound alert on signals, which can be
turned on and off.
ZigZagOnParabolic
(MT4, MT5) improved version of the standard MetaTrader ZigZag indicator that is
based on another MetaTrader standard indicator Parabolic SAR.
Detects chart extrema.
You want to share your own custom MetaTrader indicator for this page? Or do
you have any comments/questions regarding any of indicators presented here?
Please, visit our
forum on MetaTrader Indicators.
|