Category Archives for "Metatrader 4 Indicators"

Explore our huge collection of Metatrader 4 indicators. Instantly download free professional trading indicators for the MT4 platform including signals, oscillators, addons, and many more!

Forex Squeeze Indicator

The forex squeeze indicator is based on a trading strategy found in the book Mastering the Trade, written by john Carter. The indicator moves between -0.422 (extremely bearish) and 0.1611 (extremely bullish). Trading Signals Buy signal: Go long at the first blue bar. Sell signal: Go short at the first red bar. Trading Tips Use […]

Continue reading

Vortex Forex Indicator

The forex vortex indicator looks similar to the popular J. Wilder’s ADMI indicator but uses different settings and market analysis tools. The vortex indicator only measures the trend, and not the strength of the trend. Trading Signals Buy signal: Green vortex line crosses the red line upwards. Sell signal: Red vortex line crosses the green […]

Continue reading

Advanced Bollinger Bands Method Forex Indicator

This is an advanced bollinger bands indicator with several moving average methods and applied prices to choose from. Traders can choose simple, exponential, smoothed and linear weighed moving averages. Available price methods: close, open, high, low, median, typical and weighted. Feel free to experiment with all indicator input settings. Trading Signals Buy signal: In up […]

Continue reading

Forex Trend Filter MT4 Indicator

This indicator can be used as a trend filter in order to follow the overall trend of any currency pair. A long trade will be initiated when the the overall trend goes up and the indicator changes color from dark orange to lime green. On the contrary, a short trade will be initiated when the […]

Continue reading

Currency Power Indicator

The currency power indicator measures the strength of the 7 major currencies (CHF, AUD, EUR, NZD, JPY, USD, CAD, GBP) and ranks them in a nice little window on the MT4 main chart. Trading Signals Buy: Look to buy the strongest currency versus sell the weakest currency. Looking at the image below, one would buy […]

Continue reading

Average True Range (ATR) Values Forex Indicator

The ATR forex indicator shows the values of the ATR (Average True Range) period for the following charts: M1, M5, M15, M30, M60, M240, M1440, M10080 and M43200. Originally developed by Mr. Wilder, the ATR indicator measures volatility of any financial instrument, including forex. Trading Signals No trading signals. Indicator Preferences Currency pairs: Any Preferred […]

Continue reading

Wedge Pattern Forex Indicator

The wedge indicator for Metatrader 4 identifies both rising and falling wedge patterns for any currency pair on any time frame. Wedge patterns are considered to be reversal patterns. In other words, the price is likely to reverse in the opposite direction of the falling or rising trend if the price breaks through the wedge […]

Continue reading

Flag and Pennant Patterns Forex Indicator

This chart pattern indicator for Metatrader 4 shows flag and pennant patterns for any currency pair on any time frame. Flags and pennant patterns are considered to be continuation patterns. In other words, the price is likely to continue moving in the direction of the primary trend once the currency pair breaks above or below […]

Continue reading