The Best Forex Indicators For MT4 & MT5. Free Download.

free forex indicators download mt4

Indicators that are being shared here are dedicated for Metatrader MT4 and MT5 trading platform. You can find best forex trading indicators with free download.

Forex indicators are tools used for predicting future market price moves. Their role is simply to help traders in making profitable trading decisions. Some of them generate standalone buy and sell signals, while some of them needs an individual interpretation.

Forex indicators are not created equal. There are many different types and kinds of indicators. You can find scalping indicators, swing trading indicators, trend following indicators, trend reversal indicators, momentum indicators, volume indicators, time indicators, candlestick patterns indicators, dashboard indicators, moving average indicators, crossovers indicators, arrows indicators, support and resistance indicators, etc.

As you can see there is a huge variety, but we have gathered them all in one place. Download them for free. Each indicator is further explained when you click the name.

The List of Proven Forex Indicators.

Discover our collection of best forex MT4 and MT5 indicators. Click “Load More” at the bottom of the list to show more indicators.

RSI Divergence Indicator MT4

The RSI Divergence Indicator for MT4 shows a divergence between price and the Relative Strength Indicator. Divergence is a disagreement between the price action and the oscillator. You can notice this pattern when the lower lows (in a downtrend) or higher highs (in an uptrend) of the price chart differs...

Fractal Support & Resistance Levels Indicator MT4

The Fractal Support & Resistance Levels indicator draws support and resistance levels based on the last MN1, W1, D1, H4 and H1 fractals. With the help of the fractals indicator, it is able to detect the channel boundaries and breakouts very easily. How to trade with the Fractal Support &...

Ultimate Candlestick Reversal Pattern

Ultimate Candlestick Reversal Pattern. Part of manual: I’m going to show you the examples and explanations right away. In figure below you can see an ordinary charts with template that you got in the package along with this book – that’s a simple template that will allow you clear candles overview...

Currency Strength Meter Indicator for MT4

The Currency Strength Meter is a great tool for traders who wants to qucikly check the strength of various currency pairs. With a glance of the eye you will know the strongest and weakest forex instruments at the moment. You can also use it in arbitrage trading. All in...

Automatic Trendline Indicator for MT4

The Automatic Trendline Indicator puts the trendlines on the trading chart in an automatic way. With the help of this tool you don't need to bother with drawing the trendlines manually every single day. Everything is done with a single mouse click. These trendlines shows future support and resistance...

BBhisto Indicator for MT4

The BBhisto is a modified version of Bollinger Bands indicator presented in the form of a histogram. It displays the standard deviation in the bar representation. How to trade with the BBhisto indicator? Look for BUY opportunities when: the BBhisto is above 0 level. Look for SELL opportunities when: the BBhisto is...

BBsqueeze Indicator for MT4

The BBsqueeze is a forex trading indicator. It is displayed at the bottom of the main trading chart, in the seperate window. How to trade with the BBsqueeze indicator? Look for BUY opportunities when: the BBsqueeze is green. Look for SELL opportunities when: the BBsqueeze is red. How to install this indicator on...

3-line MACD MT4 Forex Indicator

The 3-line MACD indicator adds a smoothing curve to the standard MACD indicator. You should notice that the crossovers of the grey and red lines even during the sideways market will be quite effective. It also predict a long bearish candle on the right. How to install this indicator on your...

ACD PV Forex Indicator for MT4

The ACD PV indicator acts as support and resistance levels. How to trade with ACD PV indicator? Look for BUY opportunities when: the price is above ACD PV indicator. Look for SELL opportunities when: the price is below ACD PV indicator. How to install this indicator on your Metatrader trading plaftform? Download the...

DJ Lines Indicator for MT4

The DJ Lines is a pivot point forex trading indicator. This kind of indicators operate on the same principle : "Based on the values of the previous day (days) it is possible to calculate a point, passing which would mean a change in the trend." This tool tries to emulate the...

Solar Wind Indicator for MT4

The Solar Wind is a histogram forex trading indicator. It is displayed in the seperate window below main trading chart. At the first look it may looks like it is giving perfect signals but you must note that this indicator is dynamic (repainting). It can redraw more than ten...

Pattern Alert v1.1 Indicator for MT4

The Pattern Alert v1.1 is a forex candlestick patterns indicator. This tool recognise the patterns like Bullish Engulfing, Bearish Engulfing, Tweezer Top, Tweezer Bottom. It displays the name of a pattern over specific candlestick. How to install this indicator on your Metatrader trading plaftform? Download the indicator by clicking "LINK"...

FanSimple8 Indicator for MT4

The FanSimple8 shows the correctness of reversal of the moving averages fan on different timeframes. This tool includes four moving averages with the following values: 5, 21, 55, 23 and they are put on the chart. In the top right corner of your chart you can find six icons...

Instantaneous Trend Line Indicator for MT4

The Instantaneous Trend Line is a forex trend following indicator. It is displayed in the separate window below main trading chart. It consists of two lines - blue and red. The signals are generated on crossover of these lines. How to trade with Instantaneous Trend Line Indicator? Look for BUY opportunities...

Var Moving Average Indicator for MT4

The Var Moving Average Indicator is a trend following forex trading indicator. This tool is custom coded but it is based on moving averages and it generates very powerful and easy to follow signals for trading. If you are wondering what timeframes and currency pairs you should trade with...

Aroon Horn Indicator for MT4

The Aroon Horn MT4 Forex Indicator is simple and profitable trend following forex trading indicator. This tool generates signals both in the direction of the trend and in the counter-trend direction. To get the best results you should trade with the trend only. Trend is your friend, remember? This indicator...

Maloma S Enter Indicator for MT4

The Maloma S Enter is a simple forex indicator displaying trading signals in the form of blue and red dots. This tool can be used with your chosen forex strategy for additional confirmation of trading entries or exits. How to trade with Maloma S Enter indicator? Open the BUY order when: ...

MA-4H Forex Indicator for MT4

The MA-4H indicator gives you the opportunity to draw the moving average of the chosen higher timeframe on the chart of the current lower timeframe. It may be great addition to your favourite strategy that use multi timeframes for making trading decisions. How to trade with MA-4H indicator? Look for BUY...

Sadukey Indicator for MT4

The Sadukey Forex Indicator is an trend following indicator. It combines two digital filters and in the result, there are red and blue dots that are displayed over candlesticks. When there are blue dots it means that currently, the market is in the uptrend. When there are red dots...

Float Pivot Indicator for MT4

The Float Pivot is a forex indicator based on the dynamic pivot points. This tool recalculates the pivot point dynamically at the open of each new candlestick or bar for chosen timeframe and currency pair. It is really easy to use this indicator. When the candlesticks are placed above middle...

What Are Metatrader 4 Indicators?

MT4 and MT5 indicators are forex market technical analysis tools dedicated soley for Metatrader platforms. In a few words, custom forex mt4 indicators can be described as mathematical formulas analysing price dynamics and generating trading signals. These signalas are used by traders for their speculation efforts and trend change predictions.

There are hundreds or even thousands of custom mt4 indicators all over the internet. They need to be individually downloaded, installed and tested. This is exactly what we have done. Each indicator listed here at ForexRacer comes with further explanation and trading instructions that you should read and get know with before you actually really use it.

How To Download An Indicator?

This is the information on how to download a forex mt4 or mt5 indicator from our website. First, click an indicator of your choice. You will be now transferred to detailed page with a description and trading rules for this specific indicator. Read it and scroll down. At the bottom of a page there is a download button with a text “LINK”. Click it, download it and you are done 🙂

Top 10 Forex MT4 Indicators

Xmaster Formula Indicator for MT4

The Xmaster Formula Indicator was made for traders like you can become real master of forex. This wonderful tool is suitable to use for...

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

Binary Reaper – Non Repaint Binary Options Indicator

Below you can read a description from Binary Reaper indicator author: Are you Searching for a Custom Metatrader 4 (MT4) Arrow Indicator with at least...

Buy Sell Arrow Indicator

Today I stumbled upon this Buy Sell Arrow Indicator for MT4 that I’m sure many of you would want to know about. I’ve yet...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders best possible entry for their long and short trades.It displays pink and turquoise vertical lines...

Ultimate Arrows – Buy Sell Signals Forex Indicator

Ultimate Arrows - Buy Sell Signals is a forex swing trading indicator. It makes trading really effortless as it draws big arrows. Trader just...

100 Pips Daily Scalper

100 Pips Daily Scalper is a group of real forex scalping secrets that was created by specialists with many years of experience that allows...

Extreme FX Profit Indicator and EA

Extreme FX profit indicator and EA was made by Kishore M. Below you can find characteristics of this forex trading tool: -Whenever there is profitable...

Channel Surfer Auto Trendline

When a trader is trying to find a trend, he should be looking at the timeframe he is currently trading and the next higher...

Cute Point and Figure Indicator

// by forexpnf.com Installation Guide Extract Cute_PnF_indicator_v1.1_for_4_digits_MT4.zip or Cute_PnF_indicator_v1.1_for_5_digits_MT4.zip file .using ZIP or WINRAR to the desktop Place the Cute_PointAndFigure.ex4 file into the MT4 indicators folder: (e.g. C:Program FilesRealTrader4expertsindicators) Then put the...