MT Terminal Indicators - Overview by Indicatorspot

FXSSI.Calendar Indicator

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An easy and effective indicator of economic news in the forex market. Economic Calendar events are displayed directly on the MT4 terminal chart without the need to use websites.
Knowing the essence and timing of the news, you can protect your open position from increased volatility in advance by moving your stop loss to breakeven if necessary.
If your trading system gives you a signal to open a trade, you can analyze the upcoming economic events presented on the chart and understand whether it is safe to open a trade right now.

Thus, the news events indicator has a number of advantages:

1. Displays up-to-date information of the economic calendar in a convenient format;
2. Provides an opportunity to analyze the price reaction to the publication of news in the past;
3. Allows you to quickly analyze the news background before opening a position;
4. The color schemes of the indicator make it both not flashy and quite noticeable.

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MACD Momentum Indicator

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MACD Momentum is one of the best momentum alert indicators for the MetaTrader 4 platform. Also, it is compatible with all sorts of timeframe charts and can be applied for both swinging and trend-following trading purposes. Also, you can add this indicator to any kind of MT4 trading strategy for enhancing your trading performance.
The MACD Momentum closely monitors the difference between simple and exponential moving averages of the price.

This indicator uses the MACD histogram bar for showing the difference between the moving averages. The positivity and the negativity of the histogram bar value determine the momentum of the price.

As a momentum indicator, MACD is admired by millions of active traders which include both newbies and expert professionals. Easy readability of signals, simple trading rules, and straightforward method of use are the main reasons behind the popularity of this MetaTrader indicator.

According to market experts, the MACD Momentum is an ideal indicator for forex scalping, intraday trading, and long-term price projections.

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Pin Bar Indicator

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Obviously, the pinbar and Doji can provide the traders with high-quality reversal signals and can be highly beneficial and profitable. Furthermore, the indicator is very flexible as programmers can add it to an EA.

Indeed, the Pin Bar indicator for MT4 Is an important tool for every forex technical trader. Candlestick pattern traders use this pinbar scanner and detector to locate the pinbar and trade them successfully. Obviously, the pinbar and Doji can provide the traders with high-quality reversal signals and can be highly beneficial and profitable. Furthermore, the indicator is very flexible as programmers can add it to an EA.

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Power Trend Indicator

The Power Trend Indicator for Metatrader has an important ability to indicate trends and provide a visual display of the various trend stages to the forex trader. As a result, this free to download amazing indicator with its ability to display different trend strengths will definitely form an important tool in the trend trader’s arsenal.

The Power Trend Indicator for Metatrader has an important ability to indicate trends and provide a visual display of the various trend stages to the forex trader. As a result, this free to download amazing indicator with its ability to display different trend strengths will definitely form an important tool in the trend trader’s arsenal.

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Volatility Quality Indicator

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The Volatility Quality Indicator for Metatrader 4 uses historical prices and calculates the volatility of the market. It is one of the leading indicators in the list of volatility indicators and provides the best trading signals.
Measuring volatility is a key factor for successful forex trading. The Volatility Quality Indicator for Metatrader 4 provides the traders with volatility and trend strength within the same indicator window. The indicator also displays arrow signals and provides trading alerts. The indicator is very customizable to provide signals from multiple time frames within the same chart to provide the best technical analysis for all types of forex trading.

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FiboPiv V2 Indicator

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According to our observation, FiboPiv V2 offers the best breakout trading tool for MT4 platforms. Besides, its easy application and simple rules of trading offer an extra advantage for beginners.

The FiboPiv V2 Indicator represents a unique combination of Fibonacci extensions and pivot points for price action traders.
This free MetaTrader 4 indicator has been specially developed to guide the intraday traders through the key price level. We’ll use its pivot point for determining the possible price breakout zone. Besides, its Fibonacci expansion channel helps us to forecast the potential target level of the price.

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ATR Trailing Stop Indicator

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Best ATR Multiplier Trailing stop loss indicator for MT4. Best Stop loss calculator based on volatility using Average True Range.

Successful forex traders master the art of placing a stop loss at the best prices. There are many calculators for stop loss. The ATR Trailing Stop Indicator for MT4 is the best indicator that uses the Average True Range to calculate the volatility and provides the forex traders with the best possible trailing stop loss.

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Forex Market Hours GMT Trading Session Indicator

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The best timezone converter to check forex market hours in GMT. Shows the opening & closing times of each market session and automatically adjusts to your local timezone.

Forex Market Hours GMT Trading Session Indicator shows the correct schedules of all the trading sessions. Also, it automatically adjusts the market hours based on the changes in DST. Besides, it is easy to use and offers a simple demonstration of trading sessions. As a market hour converter, it offers great advantages for both beginners and experienced professionals.

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FX5 MACD Divergence Indicator

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Automatically identifies and draws convergence and divergence. Best FX5 MACD Divergence based divergence indicator for MetaTrader.

FX5 Divergence Indicator for Metatrader is the best indicator for forex and stock traders interested in trading bullish and bearish divergences. It becomes an essential technical tool. It automatically scans and alerts the forex and stock traders with both regular and reverse divergence. Finally, traders can download the indicator for free.

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Synthetic VIX Indicator

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Synthetic VIX shows the actual price volatility index. The best market volatility indicator for MT4. A leading tool for daily technical analysis.

Synthetic VIX is an ideal technical analysis tool for traders who make trading decisions considering the market volatility levels. Besides stocks, this indicator is equally effective for Forex currency pairs and other online trading assets. Also, its simplicity of use offers a great privilege for the newbie technical analysts and price-action traders.

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ZigZag WS Channel R v2 Indicator

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ZigZag WS Channel is a technical trend indicator that works for all types of forex currency pairs. Besides trend analysis, it also helps you to project the possible target level of the price. Moreover, you can merge this indicator to any MT4 trading strategy for boosting your trading performance.
The ZigZag WS Chanel R v2 is one of the best trend indicators for the MetaTrader platform. This indicator includes two basic technical analysis tools for identifying the market trend conditions.
First, it applies the zig-zag line to show the actual range of the price trend. Second, it connects the swinging highs and lows of the market to show the actual direction of the price movements.
ZigZag WS Chanel is an ideal MT4 indicator for forex trend traders. Besides manual analysis, you can add it to your Expert Advisor (EA) robots for receiving automated trend alert.

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MACD 4C Indicator

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The MACD 4C indicator for Metatrader 4 is an exciting tool for forex traders applying divergence and convergence trading techniques. Therefore, the indicator will add value and support the technical trader with a visual representation of the MACD histogram.

Most successful Forex traders use technical analysis. Technical forex traders outnumber fundamental traders and form a major part of the trading community. Traders use trading tools and indicators largely to understand the trend and to anticipate a trading instrument’s price movements. One of the most commonly used and widely accepted technical indicators by forex traders is the MACD – Moving Average Convergence and Divergence Indicator. MACD 4C Indicator is an advanced version of the traditional MACD indicator. The MACD 4C displays the MACD as a histogram. Moreover, it displays the histogram in four different colors to differentiate the strength of the trend.

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Pivot Points.All-In-One Indicator

The PivotPoints.All-In-One Indicator automatically plots trend reversal levels on the your MT4 terminal chart.

The Pivot Points.All-In-One Indicator combines all of the basic methods of constructing reversal levels. So you can easily use it in your trading system.
Support and resistance levels are one of the most popular tools in the forex market.
They have gained popularity because they are very accurate in determining the reversal points (pivot points) of trends and tendencies.
By default, the MT4 terminal does not contain an indicator that would automatically build these levels.
A free Pivot Points indicator can help you in solving this issue, see our article.

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FXSSI.Sentiment.Lite

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Free indicator that displays open positions (Speculative Sentiment Index (SSI)). Helps to understand the behaviour and intentions of the forex market participants. Based on the information regarding the ratio of buyers’ and sellers’ positions.

A significant criterion for successful trading in the forex market is to understand the sentiment of its participants: buyers and sellers. There are a lot of ways to analyze the traders’ behaviour in the market. The technical or fundamental analysis are the brightest examples.

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Advanced ADX Indicator

Advanced ADX Indicator with the best forex trading BUY and SELL signals with color histogram. Best ADX based Indicator for MT4 for Intraday or long term

Forex traders will find it super easy and well suited to trade using the Advanced ADX Indicator for MT4. The indicator is an amazing tool for forex traders using the standard ADX Average Directional Movement Index indicator. Since it involves identifying the D+ and D- crossovers to identify the best buy and sell signals. Obviously, every forex trader using the trend to trade will find this Advance ADX indicator very useful and profitable in every strategy applicable.

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Auto Trend Lines Channels Indicator

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Auto Trend Lines Channels Indicator is one of the best MT4 trendline indicators for forex chart analysis. It offers automatic trendline, super price channel, and technical trading setups.

The Auto Trend Lines Channels Indicator provides higher accuracy in defining correct trend lines. Besides moving averages, auto trendline also plays a key role in spotting dynamic support and resistance levels. It saves time and offers greater assistance in identifying the trend signals. Moreover, this indicator suits all sorts of MT4 strategies especially for trend-following trading activities.

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Commodity Channel Index (CCI) Indicator

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Commodity Channel Index Indicator for MT4. CCI Oscillator to identify entry and exit points, divergences, Overbought and Oversold for forex trading.

The Commodity Channel Index MT4 indicator guides the Forex traders to understand the relative position of the price with regard to the previous history. As a result, Forex traders can design profitable trading strategies by understanding the strength or weakness of the current price change over the previous history. Forex traders highly appreciate this indicator’s ability to display divergences and the gaining or waning of current trend strength. However, traders must use price action to confirm the indicator signals.

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TRIX Indicator

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TRIX – Triple Exponential Moving Average Indicator for MT4 provides the best forex trading signals with arrows. Best divergence indicator for price reversals.

The TRIX indicator for Metatrader 4 filters minor price changes and fluctuations that are considered insignificant for forex trading. The TRIX indicator for MT4 provides the best trading signals with arrows. Furthermore, it signals overbought and oversold conditions as the indicator is an oscillator. Additionally, the divergence between the indicator and price signals a potential reversal; thus, it also acts as the best leading indicator for technical forex and index traders. The indicator for MT4 is based on smoothed exponential moving average. It is widely used by forex and index traders to prepare the best technical trading strategy.

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Schaff Trend Cycle Indicator

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Schaff Trend Cycle MT4 Indicator with Overbought and Oversold levels. Reduces lag and provides early trend signals.
The Schaff Trend Cycle MT4 Indicator is an advanced version of the overbought and oversold indicator. It combines MACD and Stochastic to provide an oscillator with less noise,and reduced lag than the MACD or Stochastic indicator, while providing early trading signals to forex traders. As a result, the indicator is very effective in identifying the beginning of new trends early while helping the forex trader to remain in the trend direction.

The Schaff Trend Cycle Metatrader Indicator is an effective alternative for MACD. It removes the lag of MACD while increasing the forex traders’ profitability. The combination of MACD and Stochastic within a single indicator increases the efficiency of the Schaff indicator. Furthermore, traders can download the indicator for free and can install easily.

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Better Volume New Alerts Indicator

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Determine Forex and Stock Buy Sell intraday signals with the Better Volume Indicator MT4 . Detects trend reversal patterns. Offers better trading solutions than regular volume-based indicators.

The Better Volume New Alerts Indicator represents one of the best volume-based indicators in the market. As a technical tool, it determines the balance between the supply and demand of the securities. Also, it can distinguish the difference between the expected average trading vol. and the actual results.

This indicator is ideal for analyzing market trend, price volatility, and determining the probability of the potential trade setups. Moreover, it helps traders in assessing the market sentiment which is very useful for day trading activities.

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