MT4 indicator (Spread_4digit.mq4)

MT4 indicator (Spread_4digit.mq4)

Simply place this indicator on the chart to know the current spread at any moment.

Use 4 digit for 4 decimal price quotes, for example: EURUSD: 1.2344

Use 5 digit for 5 decimal price quotes, for example: EURUSD: 1.23447

Download indicator: Spread_4digit.mq4
Download indicator: Spread_5digit.mq4

MT4 indicator (PlotArrows.mq4)

How to use PlotArrows indicator

This is, in fact a script, which should be copied to /Experts/Scripts, then you'll call it from your Navigator window from "Scripts".

MT4 indicator (FXRM_Spread_History.mq4)

How to trade with FXRM_Spread_History indicator

FXRM_Spread_History sole purpose is to monitor & document brokers' spreads.

An average Forex trader doesn't know about spread spikes that happen during low market liquidity and/or at night, yet this can mean a difference between profits and losses.

Just leave FXRM_Spread_History running, and it'll show you:

- the average spread for each price bar (green)
- the maximum spread ever occurred on each price bar (purple bars)
- the spikes - the tallest purple bars that stand out

MT4 indicator (FXRM_Open_Trade_Pip_History.ex4)

How to use FXRM_Open_Trade_Pip_History

The purpose of the indicator is to keep record of both positive and negative pip history of an open trade, so that later it's possible to review the questionable moments of: a) stops being hit when the price wasn't near and b) profits not taken while the price has visually crossed the profit line. 

These are the questions that more often than not make traders at most furious, or at least suspicious about the fairness of their brokers. In reality though, what often causes troubles is a sudden widening of a spread, which can affect trading results.

On the screenshot below a red arrow indicates where a Sell trade was open.

MT4 indicator (Equity_v7.mq4)

How to use Equity_v7 indicator

The indicator works in real mode to draw the equity line of your account as you trade. It uses account history and current open positions for updating the chart. Equity_v7 allows to calculate the maximum drawdown by the equity and the recovery factor.

Traders can also select to draw the curve of free margin and margin, based on existing values through monitoring mode.

MT4 indicator (4xSpread.mq4)

Setup tips:

1. You should specify the spread in the settings for the indicator to start working.

MT4 indicator ((Shu)-AccInfo-Eng.mq4)

How to use (Shu)-AccInfo-Eng.mq4 indicator

This useful indicator helps you to keep track of your performance as well as basic account information.

Other MT4 indicators

Grid_Builder.mq4
Auto_Pivot_mod.mq4
MetaCOT.zip (COT indicator)
SilverMACD.mq4
Slope_Direction_Line.mq4
SuperSR_6.mq4
ZUP_v62.mq4
xpMA.mq4

MT4 indicator (TSR_Ranges.mq4)

How to trade with TSR_Ranges indicator

TSR_Ranges.mq4 shows a window in the upper left corner where traders can find:

Average day range - how far the market travels on average (in pips)
(The indicator uses 20 day average)
Previous 1 day - the range of the previous day in pips
Previous 5 days - for the past 5 days
Previous 10 days - ...
Previous 20 days - ...

Room up - suggests how much room traders can expect the price to move upwards today based on its average day range history.

MT4 indicator (ToR_1.20k.mq4)

How to trade with ToR indicator

Trending or Ranging?
This indicator monitors CCI and ADX on multiple time frames to give you a sense of a trend and its direction.

When the market is trending - use trend following indicators, when the market is ranging use oscillators and other momentum indicators or avoid trading (according to your plan).

MT4 indicator (Real_Woodie_CCI.mq4)

How to trade with Real_Woodie_CCI

The best explanation of this custom CCI indicator can be given only by the author.
Therefore, below are the links and documentation to trading with Real_Woodie_CCI:

Download manual: WoodiesCCI.pdf

Download manual: Trading-Woodies-CCI-System.pdf

Woodie's CCI Club: www.WoodiesCCIclub.com

 

MT4 indicator (Laguerre_RSI.mq4)

Laguerre RSI indicator settings

Gamma: 0.85
Count Bars: 9500

Default parameters: Fixed minimum -0.05 Fixed Maximum 1.05
Default Levels: 0.85, 0.45 and 0.15

Laguerre Filter line setting Gamma: 0.85

How to trade with Laguerre RSI indicator

Buy when Laguerre RSI crosses upwards above 0.15.

Sell when Laguerre RSI crosses down below 0.85.

While indicator runs flat above 0.85 level, it means that an uptrend is strong.

While indicator runs flat below 0.15 level, it means that a downtrend is strong.

MT4 indicator (Kaufman3.mq4)

How to trade with Kaufman3.mq4 indicator

Kaufman3 indicator adds an extra exponential moving average to the KAMA value.

It may be interesting as a basis for a trend following indicator.

Try on 1H or 4H charts, with various parameters. 

Parameters:

periodAMA = 6; - length of time to compute signal-to-noise ratio

nfast = 2; - EMA length with high signal to noise

nslow = 60; - EMA length with lowest signal to noise

G = 2.5; - nonlinear squashing

MT4 indicator (iPanel_Indicators.ex4, iPanel_Trend.ex4)

How to trade with iPanel_Indicators.ex4

iPanel indicator scans signals from several Forex indicators across multiple time frames and transforms everything in a neat box with up and down arrows. Up - buy, down arrow - sell.

The information box can be moved to any of the 4 chart corners by changing the settings parameter "Corner" from 1 to 2, 3 or 4.

What Indicators traders monitor with iPanel?

MT4 indicator (Gann_HiLo_Activator_v2.ex4)

MT4 indicator (Gann_HiLo_Activator_v2.ex4)

How to trade with Gann_HiLo_Activator indicator

The indicator consists of a single line which either flows above price (above candles) or below.

Depending on the position on the indicator line traders determine whether it is time to Sell or Buy.

MT4 expert (FX_Multi-Meter_III.mq4)

How to trade with FX_Multi-Meter_III.mq4 expert

New in Version 3:

* Bulls/Bears Power Meter. Analogue VU style meter displays the percentage of Bulls & Bears over a 1 - 5 bar average.

* Multi-timeframe Bollinger Band Oscillator displays price position between upper and lower bands as percentage, with Breakout indicator.

* WPR oscillator can now be swapped with RSI oscillator.

* Increased accuracy of History Line for historical data.

MT4 expert (FX_Multi-Meter_II.mq4)

How to trade with FX_Multi-Meter_II.mq4 expert

MT4 indicator (Forex_Freeway_2.mq4)

MT4 indicator (Forex_Freeway_2.mq4)

How to trade with Forex_Freeway indicator

Download indicator: Forex_Freeway_2.mq4

 Forex Freeway indicator is based on CCI indicator. In fact, it analyzes multiple CCI - from several time frames. There are 4 "roads" of Forex Freeway,read from left to right - 15min, 30min, 1 hour and 4 hours.

MT4 indicator (Forex_Freedom_Bar.mq4)

MT4 indicator (Forex_Freedom_Bar.mq4)

How to read Forex Freedom Bar

The indicator is based on CCI (Commodity Channel Index) indicator.

MT4 indicator (Color_Stochastic.mq4)

How to use Color Stochastic indicator

Color Stochastic indicator shows overbought and oversold levels.

Stochastic readings above 80 suggest market being overbought, Stoch line turns green;

while readings below 20 - market being oversold, Stoch line turns red.

Ability to see these areas at a glance helps to judge about trends and reversals.