Category: Forex MT4 Indicators
Aroon Indicator
The Aroon Indicator for MT4 comes in handy for reading short-term trends. Watch as the “Up Line” (Default color: Yellow) reaches 100 level (or near) – that means an uptrend takes place. Watch for the “Down Line” (Default color: Dodger Blue) reaches 100 level (or near) – that means a downtrend occurs. The Aroon Indicator […]
DAT ATR Indicator
DAT ATR Indicator How to install the DAT ATR Indicator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the DAT ATR Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. You […]
BAT ATR Indicator
The BAT ATR Indicator for MT4 displays one-side price band based on Average True Range calculations. Example chart: How to use the BAT ATR Indicator? As you can see on the EUR/AUD H4 chart, the indicator either red or blue band. Blue line suggests bullish momentum and long trade opportunity. Conversely, red line reveals bearish […]
Divergence Recognition Indicator
The Divergence Recognition Indicator is a custom forex indicator for Metatrader 4 (MT4) that automatically recognizes and displays divergences. The indicator itself is located in a sub-window placed just below the main trading chart, but the divergence trend lines are put in both places. MT4 Divergence Recognition Indicator Attributes: Currency pairs: any, but majors recommended […]
Forex Reversal Indicator
The goal of the Forex Reversal Indicator for MT4 is to provide points where price basically makes an u-turn. In other words, it defines high and low points in certain time period, that are useful both for entries and understanding short-term price direction. This strategy can be applied in a pullback and trend resume approach, […]
Forex Market Hours Indicator
The Forex Market Hours Indicator for Metatrader 4 (MT4) displays the currency market hours in GMT time. What’s more, the indicator shows all market sessions in one useful and easy to read window: Sydney, Tokyo, Frankfurt, London and New York. London and New York are the most volatile market sessions and that makes them the […]
Money Management Calculator
The Money Management Calculator displays a suggested lot size for the account balance in the top right corner of the charts. How to install the Money Management Calculator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and […]
News Alert Indicator
The News Alert Indicator warns us when there is a meaningful volatility change in the market spread. When the spread widens dangerously the News indicator will provide you with the corresponding message and you should avoid trading during that time. The warning appears in the new alerts window. Be aware that even with a good […]
MA BBands YXF Indicator MT4
The MA BBands YXF Indicator for MetaTrader 4 is a combination of two very popular and widely used indicators: Moving Average Channels and Bollinger Bands. Example chart: How to use the MA BBands YXF Indicator for MT4? The idea of trading with MA BBands YXF Indicator is based on mean reversal signals. It means when […]
ATR Chart Labeled Indicator
ATR Chart Labeled Indicator How to install the ATR Chart Labeled Indicator on your Metatrader 4 trading platform – files format mq4 & ex4? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the ATR Chart Labeled Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 […]
