Category: Forex MT4 Indicators

Cristal Ball Signal Indicator

The Cristal Ball Signal Indicator for MT4 is a forex trading tool that colorizes candlesticks to dark blue and dark green. These colors reflect market trends. While there are blue candles look for buying trade opportunities. Similarly, when there are red candles look for selling trade opportunities. Example chart:

Price EMAs Indicator

The Price EMAs Indicator for MT4 displays the distance between the open price and 3 different periods exponential moving averages (EMAs) in pips. The default periods of MAs are 10, 50, and 200. The general idea behind that gauge is to define market trends and the formula is pretty simple. When the green MA is […]

Forecasting Indicator

The Forecasting Indicator for MT4 tries to predict market moves in the nearest future. On the right side of your chart, you will notice the pinkish line that reflects the next potential price movement. Of course, it’s not a crystal ball, so don’t follow provided signals blindly. Rather use it together with other technical analysis […]

STO JMA Indicator

The STO JMA Indicator for MT4 is a custom forex oscillator. Like all oscillators, this one also shows overbought and oversold market levels. When that signal line reaches below 20 level, it means the price is oversold and you should be looking for a buy trade opportunity. Similarly, when the oscillator line reaches above 80 […]

Dadas True Trend Indicator

The Dadas True Trend Indicator is a trend momentum forex trading tool. It fits all kinds of timeframes and currency pairs. By default, it will work perfectly at lower timeframes like M1 or M5. If you want to trade at higher timeframes, change the “TF” option in the settings tab. For example, set it to […]

Babon Histogram Indicator

The Babon Histogram Indicator for MT4 displays bars corresponding to the short-term market trends. Both size and colors of the readings have a meaning. When bars are colored blue – it means that the current trend momentum is considered bullish. On the other side, when bars are colored red – it means that the current […]

AA+ Indicator

The AA+ Indicator for MT4 consists of two elements: orange, green bars and arrows. These signals mean a start of a bearish and bullish trend respectively. The colorful bars can be seen in a separate window, however buy/sell arows are plotted directly on the activity chart. Trading signals are really simple: a green bar with […]

COG RSI Indicator

The COG RSI Indicator is, as the name suggests, a forex trading tool based on the Center of Gravity and Relative Strenght Index (RSI). The indicator is displayed in a sub window placed just below the main trading chart. This tool uses overbought and oversold market levels to generate trading signals, that are triggered when […]

M-Candles Indicator

The M-Candles Indicator for MT4 is a simple but useful tool that displays bigger time frame candles in your current TF chart. By default, it is set to show daily candles on an hourly chart. You can use it for spotting accurate trade entries and exits when using technical analysis of higher timeframes. Example chart:

BWMFI Bars Indicator

The BWMFI Bars Indicator for MT4 is a forex trading tool based on the Market Facilitation Index that measures the strength or weakness behind a price move by calculating the change in price per one tick. This indicator colorizes the candles accordingly. It doesn’t generate buy/sell trading signals on its own, but it’s helpful in […]