Category: Forex MT4 Indicators

Volume Profile on Time Range Indicator

The Volume Profile on Time Range indicator provides a volume profile for a specific period of time. The volume profile is displayed on the right side of the trading chart in the form of olive-green bars. The best entry points occur when the bars are small, so pay attention to candlestick patterns and small volume […]

RSI Divergence Alert Indicator

The RSI Divergence Alert Indicator is a custom variation of the Relative Strength Index indicator (RSI) that provides alerts when buy/sell signals occur. As the name suggests, these signals are based on the divergences between price and RSI indicator.

Secret Profit Levels Indicator

The Secret Profit Levels indicator is a complete trading formula that provides traders with the forex entry point, take profit target 1 level and take profit target 2 level. You will find two zones on the chart. When the price breaks into the green zone, it works as a buy signal. Similarly, when the price […]

WATR Simple Trend Indicator

The WATR Simple Trend indicator is a custom forex indicator that shows market trends in the form of an upside/downside band. As the name suggests, it’s really simple to use that indicator. When the coral color band is moving below the candlesticks – it means there is a bullish trend. While the dodger blue color […]

SMA Rainbow Trend Indicator

The SMA Rainbow Trend indicator is a very popular trend-following indicator that consists of multiple colorful moving averages. The way to use that gauge is really simple. When all moving averages are pointing up – there is a bullish trend. Similarly, when When all moving averages are pointing down- there is a bearish trend. Avoid […]

All In One Divergence Indicator

The All In One Divergence indicator for MT4 recognizes and marks divergences between price and the Relative Strength Index (RSI). There are two types of divergences: bullish (upward price move) and bearish (downward price move). It is pretty easy to follow the signals, simply follow these suggestions: In up trending market conditions, look for a […]

Bid Ask Spread Indicator

The Bid Ask Spread indicator is a useful gauge that displays the bid/ask spread in real-time for any currency pair. In the top right corner of the chart, you will see three values displayed. The green one is ask price, the red one is bid price, the orange is the spread (difference between ask and […]

Time Zones Indicator

The Time Zones indicator shows the current time of the most active forex markets in the world. Starting from Home (your location), New York, London, Tokyo, Sidney, and finishing with the time provided by a server/broker. The red-colored lines indicate currently active trading zones. All that data is displayed in the top left corner of […]

Auto Trend Lines Channels Indicator

The Auto Trend Lines Channels indicator detects the tops and bottoms of the market and connects these points with automatic trend lines. That gauge provides high accuracy in defining correct trend lines. Besides moving averages, auto trendline plays a vital role in spotting dynamic support and resistance levels. To achieve maximum benefit from the Auto […]

Zwinner Trend Indicator

The Zwinner Trend Indicator is a simple, but effective forex trend recognition tool. The provided trading signals are represented in the form of green and red bars. As you can probably guess, green bars indicate a bullish trend, and red bars indicate a bearish trend. Both beginners and advanced forex traders can it a try. […]