Forex Indicators

ZigZagOnParabolic MetaTrader indicator
ZigZagOnParabolic MetaTrader indicator
ZigZagOnParabolic MetaTrader indicator — based on two standard MT4/MT5 indicators — ZigZag and Parabolic SAR, it tries to show an improved version of the first one by marking the extrema of the chart with a smaller delay. Standard ZigZag looks for new extremum by search...
WRB Hidden Gap MetaTrader indicator
WRB Hidden Gap MetaTrader indicator
WRB Hidden Gap MetaTrader indicator — detects and marks WRB. WRB is either a Wide Range Bar (a very long bar) or Wide Range Body (a candlestick with very long body). As WRB by themselves do not offer much information, the indicator also detects Hidden Gaps based on the WRB....
Var Mov Avg MetaTrader indicator
Var Mov Avg MetaTrader indicator
Var Mov Avg MetaTrader indicator — although it's based on the moving average, it doesn't use any standard MT4/MT5 moving average indicators. It uses own formula to calculate the moving average with a complex noise filter to produce more accurate signals. The indicato...
USDX (MetaTrader indicator)
USDX (MetaTrader indicator)
USDX (MetaTrader indicator) — calculates the dollar index (USDX or DXY) using the EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF and USD/SEK currency pairs. The formula used for calculation is the following:USDX = 50.14348112 × EURUSD-0.576 × USDJPY0.136 × GBPUSD-0.11...
TzPivots MetaTrader indicator
TzPivots MetaTrader indicator
TzPivots MetaTrader indicator — should be attached to the H1 or lower timeframe chart. This indicator will display the pivot points and support and resistance lines for the intraday trading. It calculates them by its own formula based on the previous trading session. You can...
TRO MultiPair MetaTrader indicator
TRO MultiPair MetaTrader indicator
TRO MultiPair MetaTrader indicator — based on several custom indicators that are included in the package, this indicator can display trend directions for several currency pairs and on all possible MetaTrader timeframes simultaneously. The indicator is displayed in a separate...
Traders Dynamic Index (TDI) MetaTrader indicator
Traders Dynamic Index (TDI) MetaTrader indicator
Traders Dynamic Index (TDI) MetaTrader indicator — a comprehensive but helpful indicator that uses RSI (Relative Strength Index), its moving averages, and volatility bands (based on Bollinger Bands) to offer traders a full picture of the current Forex market situation. This...
TradeBreakOut (MetaTrader indicator)
TradeBreakOut (MetaTrader indicator)
TradeBreakOut (MetaTrader indicator) — indicates the distance of the current price (Close or High/Low) from breaking out of the recently set support or resistance levels, which are detected using local minimums and maximums.Input parametersL (default = 50) — period...
Trade Assistant MetaTrader indicator
Trade Assistant MetaTrader indicator
Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic, RSI (Relative Strength Index) and CCI (Commodity Channel Index). It displays current trend directions for M5, M15, M30, H1, H4 and D1. When you follow s...
Total Power Indicator
Total Power Indicator
Total Power Indicator (MetaTrader indicator) — is based on the two standard indicators — Bear Power and Bull Power. The indicator calculates how many bullish and bearish bars were there during a set look-back period and then calculates the proportional index for bears,...
Support and Resistance MetaTrader indicator
Support and Resistance MetaTrader indicator
Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the n...
Spread MetaTrader indicator
Spread MetaTrader indicator
Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread v...
Schaff Trend Cycle (MetaTrader indicator)
Schaff Trend Cycle (MetaTrader indicator)
Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very...
Rsioma MetaTrader indicator
Rsioma MetaTrader indicator
RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate windo...
Risk Calculator (MetaTrader indicator)
Risk Calculator (MetaTrader indicator)
Risk Calculator (MetaTrader indicator) — calculates the risk in form of a potential maximum loss that can be induced by the currently open positions and the active pending orders. The results are displayed as the money and percentage risk per currency pair and as the overall...
Recent High/Low Alert MetaTrader indicator
Recent High/Low Alert MetaTrader indicator
Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels across recent N candles. By default, the maximum band is displayed with a blue line; the minimum band is displayed with a yellow line. Additionally, it can play sound aler...
Range Expansion Index (MetaTrader indicator)
Range Expansion Index (MetaTrader indicator)
Range Expansion Index (MetaTrader indicator) — is a relative oscillator indicator that measures the pace of the price changes and signals overbought/oversold states if the price demonstrates weakness or strength. It was developed by Tom DeMark and explained in his book The N...
QQE MetaTrader indicator
QQE MetaTrader indicator
QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result we get 2 lines in a separate indicator window — fast and slow. There is also an important indicator level (50), which...
Price Alert MetaTrader indicator
Price Alert MetaTrader indicator
Price Alert MetaTrader indicator — plays sound alerts when the price reaches certain levels that are set by the trader. There are three types of alerts: first one is used when the price rises above certain level (displayed with the green line on the chart), second one is use...
Position Size Calculator (MetaTrader indicator)
Position Size Calculator (MetaTrader indicator)
Position Size Calculator (MetaTrader indicator) tells you how many lots to trade based on:Given entry and stop-loss levelsRisk toleranceAccount size (balance or equity)Account currencyPrice of the quote currency (when different from account currency)Its main features include...
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