MT Terminal Indicators - Overview by Indicatorspot

Support Resistance Breakout Arrows Indicator

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Support Resistance Breakout Arrows MT4 important Indicator for intraday forex traders using breakout trading strategy. Fractal, CCI, RSI based BUY and SELL signals
The Support Resistance Breakout Arrows Indicator For MT4 is essential for intraday forex traders using breakout trading strategy. The indicator combines Fractal, CCI, and RSI to provide the best BUY and SELL arrow signals to forex traders. Furthermore, the indicator automatically draws major Sup&Res levels, and traders can use these support and resistance lines to add more positions during a strong trend. This Metatrader 4 indicator does not repaint the signal arrow or the support and resistance lines.

To summarize, the Support Resistance Breakout Arrows Indicator for MT4 is an essential tool for auto Sup&Res level identification. Additionally, the filtering of signals using the CCI and RSI helps the trader to stay in the trend direction. However, combining the trading signals and Sup&Res breakouts with price action will provide consistent and profitable results. Moreover, the indicator is free to download and can be easy installed in Metatrader 4.

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DMI ADX Histogram Oscillator Indicator

The DMI ADX Histogram Oscillator MT4 Indicator combines ADX and DMI to form the best technical indicator for forex trading. Best BUY and SELL signals
The DMI ADX Histogram Oscillator Indicator is a combination of the Average Directional Index ( ADX ) and the Directional Movement Index (DMI). Since the ADX shows the trend strength and DMI displays the trend direction, a combination of these indicators provides the technical forex traders with essential information about the trend. As a result, oscillator gives BUY and SELL signals and displays the trend strength simultaneously.

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Woodies CCI Arrows Oscillator Indicator

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Woodies CCI Arrows Oscillator Indicator for MT4.Provides best Arrow signals and patterns based on CCI and TURBO CCI. Highly flexible indicator settings

The Woodies CCI Arrows Oscillator for MT4 is an essential indicator for forex traders following the Woodies patterns and strategy. It is a momentum indicator based on the 14 period CCI – Commodity Channel Index MT4 indicator. Because of this, forex traders can use the indicator to identify and trade many other CCI based patterns. Furthermore, the indicator provides arrow signals and provides the best entry points. Traders can trade the patterns in both trend and counter-trend trading strategies based on the Woodies trading strategy.

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Fractal Support and Resistance Indicator

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Best MT4 indicator for defining fractal-based support and resistance. Identifies strong breakout trade setups. Ideal for forex intraday traders.


Fractal arrow is already a popular trading indicator among forex swing traders. On top of that, fractal support and resistance indicator add an extra advantage for intraday price-action traders. It is a non-repaint indicator; suits multi-timeframe charts, and offers a great advantage for both basic and advanced traders.

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Volume Weighted MA (VWMA) Indicator

Volume Weighted Moving Average (VWMA) is a popular MT4 indicator for trend analysis. Shows the actual weighted moving average of the price.

The Volume Weighted MA is a multi-functional moving average indicator. Besides identifying the market trend it also shows potential levels for trade entries. Moreover, you can use the VWMA lines as the key stop-loss level for your active orders. Also, you can apply it alongside your favorite moving average for plotting crossover trend signals.

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Vortex Indicator

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Best forex trend-based MT4 indicator. Vortex indicator identifies trend direction, trend strength and provides BUY SELL trading signals. Free Download

The Vortex Indicator for MT4 provides forex traders with trend direction, trend strength, and BUY and SELL trading signals. The indicator has two simple lines which oscillate; traders use these lines to identify the beginning of a new trend and the best reversal points. The indicator is very useful for intraday and trend traders and can be incorporated easily in multiple trading methods.


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ZUP Indicator

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Best ZUP indicator for MT4. Scan and trade forex using the result-oriented Pesavento patterns Gartley, AB CD, Butterfly Top and FIBO patterns.
Traders can use the ZUP indicator for MT4 to identify patterns with higher success rates and trade them. In fact, there are many patterns which the indicator is capable of displaying. So, traders should educate themselves about the patterns and their variations and apply the trading rules appropriately. However, forex traders need to confirm the patterns with price action to produce successful trading results. The indicator is free to download.


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VWAP Bands Indicator

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Best VWAP (Volume Weighted Average Price) Bands Indicator for MT4. Identify the fair price, best entry, and exit price to BUY LOW and SELL HIGH.

The Volume Weighted Average Price ( VWAP ) is indeed the best forex trading indicator to identify the fair value price of any trading instrument. While the Upper and Lower bands provide the best trading BUY and SELL, entry points, the mid-line offers an excellent price reference point. Additionally, the VWAP bands MT4 indicator ex4 file is free to download.


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HMA Trend Indicator

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Best HMA (Hull Moving Average) Trend indicator for identifying the market trend. Supports MT4 platforms. Ideal for trend-following trading strategy.

The HMA Trend Indicator is one of the simplest trend-following trading tools for MT4 platforms. Beginners with less trading experience will find this indicator extremely easy in reading its trend signals. For day traders, it’s been a challenge to stay with the right market trend. Because the market is dynamic and always keep rotating its movement directions. According to our review, HMA Trend offers greater accuracy in providing tendency signals. Moreover, you can add this Hull Moving Average indicator to any trend trading strategy for improving your trading accuracy.


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SpreadWarner Indicator

The indicator shows the spread for the trading instrument. Thanks to this you can evaluate the volatility of forex market assets at the current moment. As a result, you can choose a suitable opportunity to trade.
Spread, as well as the broker’s commission, has a negative impact on the efficiency of your forex trading. For instance, right after you open a position, you immediately see a minus sign in the profit column. While spread and commission have a negative effect on your deposit, they are a profit for the broker. The amount of commission is fixed and you can check its size on your broker’s website. The spread is a parameter that is determined by supply and demand in the market, and you can control it. But, unfortunately, the MT4 terminal doesn’t have an indicator that informs you of the spread value by default. The SpreadWarner indicator was specifically created to solve this problem.

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Auto Support & Resistance Zones Indicator

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Automatic construction of the most actual support and resistance zones in the forex market with the Support and Resistance indicator.

Curiously, by default, there is no indicator in the MT4 terminal, which would automatically build support and resistance levels. After all, these levels are one of the key elements of technical analysis that many traders use. The Auto Support & Resistance indicator solves this problem.


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Envelopes Indicator

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The Envelopes indicator is a free technical analysis tool that traders can use for their advantage. The tool helps to identify the trends and potential reversals of the trends. The indicator is based on moving averages and it works quite similar to Bollinger Bands.

The Envelopes indicator can be easily installed and applied in your MT4 trading platform. It is based on moving averages and resembles the famous Bollinger Bands indicator. There are some rules to follow while applying the Envelope indicator in your trading. Always use other confirmatory tools like RSI alongside the Envelope indicator to increase your odds of success.

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ATR Channels indicator

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ATR Channels indicator is a technical tool that belongs to trend channels category of indicators. The indicator can be used to identify trend and support and resistance levels.
ATR Channels indicator belongs to the category of trend channel indicators. The price chart of a currency pair displays several price channels that are plotted using moving averages and the ATR value.
The forex ATR Channels indicator settings allow you to assign a specific coefficient to each price channel, which makes it possible to narrow or expand each channel separately.

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Volatility Quality Indicator NRP

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Volatility Quality Indicator NRP uses the percentage of Average True Range (%ATR) to filter trade signals for better buy and sell entries, and to determine the strength of a trend.
Every forex trader loves a trending market with high volatility. In order to maximize their profit, and often avoid trading when the market is choppy to avoid false signals. Because many forex traders love a trending and highly volatile market, technical indicator. They give accurate signals when a market is highly volatile and trending are mostly used. One of the best technical indicators is the Volatility Quality Indicator.

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MA Trend indicator

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MA Trend indicator is a technical analysis tool that helps to identify the strength of a trend. You can grasp the trend with a single glance using this indicator.
Moving average is a classical statistical tool that many technical analysts apply in price analysis of forex and stocks. This is considered the most popular indicator among forex traders. However, traders find it hard to keep an eye on multiple timeframes all at once. Those traders who love to perform multiple timeframe analyses may need to switch among different timeframes, which may require a lot of time and energy. Therefore, the MA Trend indicator resolves this concern and helps you find all moving averages, periods and directions in a single window.

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Trendline Indicator MT4

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Trendline Indicator is the best dynamic trendline indicator for MT4 platforms. Helps in filtering potential price action patterns of forex instruments.
The Trendline represents an auto trend line indicator for the MT4 platform. It doesn’t draw straight trend lines. Instead, it uses Least Square Moving Average (LSMA) for finding dynamic trend lines of the price. Finding the correct market trend is the basic task of the Trendline indicator. Besides, it shows real-time dynamic support and resistance of the market. As a result, you can use it to identify potential pending entry levels within the right trend direction.

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ADX Buy Sell Indicator

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Most technical forex traders use the ADX indicator because; it’s a non-repaint indicator. Together with the non-repaint feature, the BUY and SELL arrow signals further assist the traders in identifying BULLISH and BEARISH trends.

The ADX Buy Sell indicator for Metatrader 4 is the best indicator for forex trading. Most technical forex traders use the ADX indicator because; it’s a non-repaint indicator. Together with the non-repaint feature, the BUY and SELL arrow signals further assist the traders in identifying BULLISH and BEARISH trends. However, forex traders can achieve the best results by incorporating the trading signals with other technical trading indicators. As a final note, the indicator is free to download and easy to install.

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CCI Divergence Indicator

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The best divergence detector indicator for trading market reversals. Free download. An advanced tool for excellent buy and sell signals in any chart and instrument.
Commodity Channel Index (CCI) divergence indicator is a handy tool for technical analysis. As the name suggests, it identifies hidden divergences between the price and the CCI technical indicator. Divergence shows potential solid reversal points in the market and, in turn, great entry points for traders.
Detecting divergence is an ambiguous task. Luckily, the CCI divergence indicator gets the job done. While any trader can use the indicator, it is the best indicator for divergence and reversal traders.

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DMI Indicator

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It is a technical indicator that can be used to grasp the change in trend. It can be used to enter and exit the market at appropriate levels.
The DMI (Directional Movement Index) indicator is a technology for determining the trend. Movement was designed by Wels Wilder back in 1978. A distinctive feature of the DMI indicator is its method, which is based not on the closing prices of bars, but on the analysis of high and low prices.
The DMI indicator may play a significant role in your technical analysis of the market. However, the tool shouldn’t be considered a standalone way to trade. You should wisely mitigate your risk and use other tools to confirm your entries.

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ZigZag AutoChannel Indicator

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The ZigZag AutoChannel represents a combination of auto Zig_Zag and price channel indicator for the MT4 platform.
Both ZigZag and price channel are heavily used by the market experts for technical analysis of the forex currency pairs. The ZigZag indicator works on identifying market trend. On the other hand, a price channel reveals the hidden support and resistance of the price based on the highs and lows of the market.
The primary goal of the ZigZag AutoChannel indicator is to help traders in finding the correct trend and the best possible level for placing an order. Besides, you may code and develop your own MT4 ZigZag Expert_Advisor (EA) based on the formation and trading rules of the indicator.

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