This tool is specifically for the forum, and it is my own effort to facilitate and assist traders in choosing and finding technical indicators that help them confirm entry and exit opportunities for trades. It is not a method that can be relied upon alone without knowing its correct uses, market conditions, etc. You can also request a service for programming custom indicators and Expert Advisors by providing us with your entry and exit conditions and risk management rules.
Note: There are hundreds, if not thousands, of technical indicators that you may find on websites. With this in mind, I have selected and programmed only the indicators that may benefit you. Each indicator is accompanied by a brief description, an illustrative image, and a download link. Indicators will be added and updated from time to time, God willing. Please do not forget to pray for us and leave a comment with a word of thanks to keep the forum active. (Explanation video below).
MetaTrader Technical Indicators Library
| Indicator | Platform | Description | Download | Picture |
|---|---|---|---|---|
| Market Hours | MT4 | Opening hours of exchanges - Sydney-Tokyo-London-New York | Free | View Image |
| UniRenko Bars | NinjaTrader8 | Special style for representing data on the chart, easy trend tracking and correction utilization, used in strategy development | $10 | View Image |
| Trend colored | MT4 | Market trend or colored candles according to the dominant market direction determined by moving averages 3 and 34 | Free | View Image |
| CCI colored | MT4 | Indicator with different colors and levels, in addition to stop marks on the indicator that alert you to exit trades early during corrections | Free | View Image |
| Trend Break | MT4 | Sends you an alert when support and resistance lines are broken, whether diagonal or horizontal. You can program a strategy in an EA to automatically enter trades when a trend line is broken. | Free | View Image |
| Support and Resistance | MT4 | Automatically identifies previous support and resistance lines | Free | View Image |
| Market Profile | MT4 | Identifies levels where there is more interaction, often important support and resistance zones | Free | View Image |
| ATR ratio 1 | MT4 | Informs us about market volatility. When it exceeds value 1, there is a possibility of important reversals in one of the directions. | Free | View Image |
| BB squeeze | MT4 | By adding Bollinger Bands with this indicator, you will confirm there is an important reversal wave and a breakout of the range level downwards when you see negative values far from 0, and upwards when you see positive values far from 0. | Free | View Image |
| FiboRetracement+S/R | MT4 | Automatically identifies all Fibonacci levels and historical support and resistance levels on all timeframes | Free | View Image |
| Candle Timer | MT4 | Shows the time remaining until the candle closes on each timeframe | Free | View Image |
| Pivot Points Pro | MT4 | Identifies support and resistance levels based on average historical volatility, also shows the price level on a set of other currency pairs | Free | View Image |
| VWAP | MT4 | Gives us an idea of the average price traded throughout the day, based on volume and price. It can be used in a strategy for entering and exiting trades, especially during trend periods. | Donate $2 to the forum | View Image |
| Accum/Distri/MoneyFlow | MT4 | Simulates price movement and gives values close to 0 when the market is stagnant and values far from 0 when there is significant movement. It can also be used to identify divergence zones. | Free | View Image |
| Divergence RSI | MT4 | Automatically identifies with alerts for areas of trend weakness and potential price reversal | Donate $2 | View Image |
| Forex PerformanceMap | MT4 | Track the performance changes of currency pairs across all timeframes | Free | View Image |
| Ichimoku Cross Alert | MT4 | Alert when Ichimoku lines cross. You can also set alerts when price crosses one of the Ichimoku lines on any timeframe you want. | Donate $2 | View Image |
| Spread-PipValue-Swap | MT4 | Displays spread, lot size, pip value, and swap rates. You can adjust the lot size and set an alert if the spread increases. | Free | View Image |
| Quick Market Changer | MT4 | Quick switching between currency pairs. You can add any markets you want in the settings by putting ; followed by the market name as it appears on the platform. | Free | View Image |
| MA Cross Alert | MT4 | Alert when moving averages cross. You can change the settings of each average. | Free | View Image |
| Engulfing pattern | MT4-MT5 | A type of Japanese candlestick pattern. The engulfing candle gives a good buy or sell signal when it occurs at an important support or resistance level. | Free | View Image |
| Flag and Pennant | MT4 | Automatic identification of flag and pennant patterns, which are price patterns that occur during correction phases or market hesitation at important levels. | Free | View Image |
| Market MultiTrends | MT4-MT5 | Identifies the type of trend on different timeframes. You can add any markets and timeframes you want. | Donate $2 | View Image |
| Volatility-Spread Alert | MT5 | Displays changes in both market volatility and broker spread, with the ability to set an alert for significant volatility suitable for scalping trading. | Free | View Image |
| Percentage of change and candleTime | MT5 | Displays market performance change as a percentage and the time remaining for the candle to close | Free | View Image |
| Pivot Points | MT5 | Identifies important support and resistance levels and pivot points based on average volatility over a specific period | Free | View Image |
| Daily Open Line | MT5 | Shows the market opening level with a line extending to the end of the session. It gives an idea of daily performance and also serves as an important support and resistance level. | Free | View Image |
| Candle MultiColor | MT5 | Easily change candle colors to your preferred colors. A useful feature for eye comfort and to clearly see the trend. | Free | View Image |
| High Low | MT5 | Automatically identifies weekly and daily high and low levels of the market | Free | View Image |
| Local Time Generator | MT4 | Displays local time on the platform with precise time for each candle | Free | View Image |
| VWAP | NinjaTrader8 | Gives us an idea of the average price traded throughout the day, based on volume and price. It can be used in a strategy for entering and exiting trades, especially during trend periods. | Free | View Image |
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