MT Terminal Indicators - Overview by Indicatorspot

Forex Line Indicator

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The Forex line indicator is an improvised version of the moving average. The indicator is embedded in the main trading price chart. It features a line that changes color from blue to white and vice versa depending on the market direction.
The indicator is easy to use. You don’t have to interpret hard figures and complex lines. Simply identify the color of the dictator line and trade accordingly. This means the Forex Line indicator is suitable for both seasoned and experienced traders. You can also use the indicator for long term and short term trading.

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Flat Trend Indicator

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What is a flat trend indicator for MT4? The Flat trend indicator-free download is a fusion of three moving averages. The indicator combines fast, medium, and slow moving MA to produce an indicator that forms in a separate window below the price chart for easy reading and interpretation.
The indicator changes color from red to green to yellow depending on the prevailing market trend. You can modify the moving average settings to suit your trading strategy. You can use the flat trend as a stand-alone indicator or in combination with other technical trading tools. The indicator works well in any market. For instance, you can use it for scalping low spread currencies such as EUR/USD AND GBP/USD.

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PZ Day Trading Indicator

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PZ day trading indicator for MT4 provides arrow-based Bullish and Bearish rectangles with BUY and SELL forex trading signals.Free download and easy install.
The PZ day trading indicator for MT4 provides arrow-based Bullish and Bearish forex trading signals. So, forex traders can place BUY and SELL trades accordingly. Additionally, the indicator uses a High Low filter for these arrow trading signals.

The indicator is best suited for new and advanced forex traders. New traders will find it simple and easy to identify the signals and trade them. On the other hand, advanced technical forex traders can use the signals in confluence with other technical indicators.

The indicator works well in all intraday price charts as well as the daily, weekly, and monthly price charts.

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Truetl V1 01 Indicator

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Truetl V1 01 indicator for MT4 automatically plots trend lines in any price chart to identify best BUY and SELL entry points.

The Truetl V1 01 indicator for MT4 plots trend lines on the price chart automatically and refreshes them after every candle close. Moreover, the indicator plots Normal trend line, long term trend line, and three touch trend line to suit different trading styles. So, forex traders can identify the Bullish and Bearish market conditions using the trend lines and BUY and SELL accordingly.

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Level Trading 123 Indicator

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Level trading 123 Indicator for MT4 provides Bullish and Bearish trading signals and price reversal points using Fractals.
The Level trading 123 Indicator for MT4 is the best indicator for forex technical traders based on Fractals. The indicator provides BULLISH and BEARISH trading signals and provides key support and resistance levels. So, forex traders can BUY and SELL easily with these trading signals.

The indicators work well for both new and advanced forex traders. New forex traders can easily identify the reversal points and entry and exit signals.
However advanced forex traders can apply complex trading strategies for trend confirmation and to locate precise entry and exit trading signals. Additionally, the indicator works well in all intraday chart timeframes as well as the Daily, Weekly, Monthly price charts.

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Platinum Indicator

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Platinum Indicator for MT4 provides arrow-based Bullish and Bearish signals. Simple and easy BUY, SELL forex trading signals.

The Platinum indicator for MT4 is a very simple indicator that displays Bullish and Bearish arrow-based forex trading signals. So, forex traders can benefit from these signals and BUY and SELL accordingly.

However, for best results, the indicator should be used in conjunction with other technical tools like support, resistance, trend lines, and channels.
The indicator is best suited for new and advanced forex traders. New forex traders can benefit from the simplicity of the arrow trading signals. While advanced forex traders can use the indicator in confluence with other technical indicators to formulate sound technical trading strategies.

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Nonlagdot Non Repaint Indicator
Nonlagdot Non Repaint Indicator For MT4 simple BUY and SELL forex trading non-repainting signals based on dot color change.

The Nonlagdot Non Repaint Indicator For MT4 is a non-lagging dot indicator that shows forex BUY and SELL trading signals. The indicator is simple to use and the trading signals are based on the color change of the dots. As a result, forex traders can identify the BULLISH and BEARISH market trends immediately and act upon them.

The indicator is best suitable for new and advanced forex traders. New forex traders can enjoy the simplicity of the trading indicator and enjoy the results.
On the other hand, advanced forex traders can use the indicator in confluence with other indicators for the confirmation of the trend direction. The indicator can be applied to all price charts and can be helpful for top-down technical analysis.

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VWAP Plus Indicator

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VWAP Plus indicator for MT4 provides BUY and SELL forex trading signals and dynamic support resistance levels using volume.

The VWAP Plus indicator for MT4 is a Volume Weighted Average Price indicator using volume as an integral component. The indicator provides trading signals primarily using the VWAP line. Additionally, the indicator plots dynamic support and resistance lines which are effective in trading intraday price charts. So, forex traders can use the Bullish and Bearish trading signals of the VWAP line and simultaneously use the support and resistance levels.

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Ultimate Trend Signals V2 Indicator

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Ultimate Trend Signals V2 indicator for MT4 BUY and SELL arrow forex trading signals and trend strength and direction.

The Ultimate Trend Signals V2 indicator for MT4 creates BUY and SELL arrow signals based on ADX and pivot levels. Furthermore, the indicator displays the trend direction, trend strength, and the trade recommendation for independent price charts.

Moreover, it shows the final trade recommendation to BUY or SELL and displays that information as arrow signals in the chart. As a result, forex traders can follow the trading signals and BUY and SELL accordingly.

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MA Profit Indicator

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The MA profit indicator For MT4 is a moving average based complete trading system with entry point, stop loss and take profit. Moreover, the indicator provides BUY and SELL trading signal alerts.

Furthermore, the indicator displays the signals as triangles on the price charts. As a result, forex traders can trade successfully using this indicator.

The indicator works well in all price charts as well as Daily, Weekly, and Monthly price charts. Both new and advanced forex traders can benefit from this indicator and its trading signals as the indicator provides the results in a snapshot too.

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Sideways Detector Indicator

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Sideways Detector is the best MT4 indicator for anticipating breakout trading signals with higher probabilities. Suits forex, stocks, commodities & cryptocurrencies.
The Sideways Detector indicator automatically spots sidelined or neutral market trend conditions. It helps you to avoid trading during choppy markets. Also, it highlights the sideway market ranges so that you can determine potential price breakout levels.

In financial trading, the price usually initiates fresh trend moves after breaking the high or low of a sidelined market. Such breakout moves enable traders to take advantage of current market momentums and transform them into potential trend-following trading opportunities. Therefore, besides determining on-trend price conditions, it is also essential to watch the sideways markets.

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Levelator Indicator

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The Levelator Indicator For MT4 is a very good fractal-based indicator that provides BULLISH and BEARISH market trends. Additionally, the indicator draws the level lines that act as entry points, stop loss and take profits. The level lines are essentially support and resistance lines. So, forex traders can BUY or SELL using the indicator profitably.

The indicator can be applied to all intraday price charts and also on the Daily, Weekly, and Monthly price charts. The Levelator indicator is effectively a trend-following indicator best suitable for forex trend traders.

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SM Buy Sell Pressure Indicator

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The SM Buy Sell Pressure represents one of the best technical indicators developed for analyzing market momentums on MT4 charts.

It generates real-time overbought/oversold signals and points precise buy/sell positions by plotting arrows in its oscillator window. Its simplicity of use and easy-to-follow trading rules suggest the indicator is a good fit for beginners.

Furthermore, the SM Buy Sell Pressure is ideal for MTF chart analysis because it suits all MetaTrader timeframes. Eventually, it works for scalpers and intraday traders looking for trend-following trading signals with higher success probabilities.

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SMI Indicator

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The SMI indicator for MT4 is an advanced version of the classic Stochastic Oscillator. The SMI refers to the Stochastic Momentum Indicator and calculates the underlying momentum of the price. There is a major difference between the classic Stochastic oscillator and the SMI indicator calculation.

The SMI uses the mid-range prices between the High and Low while the stochastic oscillator uses the closing prices, thus making the trading signals of SMI more responsive. As a result, forex traders can identify the BULLISH and BEARISH reversal points and BUY and SELL accordingly.

The indicator works well in all intraday price charts as well as the Daily, Weekly, and Monthly price charts and is well suited for Top-Down technical analysis. The indicator is useful for both new and advanced forex traders.

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No Repaint Indicator

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No Repaint is a swing trading indicator for MT4 platforms. Anticipates potential price swing zones, breakout positions, and buy/sell levels. Fits MTF charts.
The No Repaint is a non-repaint fractal indicator developed for anticipating precise price swing levels in MT4 charts. Besides, it helps you understand how the price reacts in critical support/resistance zones before making trading decisions.

Technical analysts, especially beginners, predominantly suffer from confusion over the price behavior in key market levels. For instance, you activated a buy order following a potential bullish price breakout. Later, you found it was a false break, and the price is about to hit your stop-loss limit. It is a regular incident for the traders who struggle to assess actual price actions due to a lack of trading experience and market uncertainties.

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TopTrend Indicator

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TopTrend is the best MT4 indicator for breakout & trend-following trading. Determines trend reversals & dynamic trend lines. Shows buy-sell entry & exit levels.
The TopTrend indicator comprehensively demonstrates trend reversal setups and potential price breakout levels in MetaTrader charts. It uses dynamic support and resistance lines to show the possible event areas of the market where the price decides its next trend direction.

Technically, TopTrend is a good fit for trend-following and breakout traders. Apply it to anticipate trading opportunities for any financial assets, including forex currency pairs, stocks, commodities, cryptocurrencies, and more.

It works well in shorter timeframes but offers more consistent results when applied in longer timeframe charts. According to our review, TopTrend signals in H1, H4, and daily charts are more accurate and consistent.

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Candle Overlay Indicator

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The Candle Overlay indicator for MetaTrader is a custom multi-timeframe indicator that draws the candlesticks of the higher time frames on the chart of a lower time frame. The indicator is a very handy tool for making a top-down analysis of any trading instrument.

In essence, you can view the price action of an H4 candlestick chart while on a lower time frame, say H1, for instance. This means you can see the opening, closing, wick, and body of an H4 candlestick while on an H1 chart. This in turn takes away the pain of always switching back and forth between different time frames during a trade analysis.

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TTM Scalper Indicator

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TTM Scalper Indicator portrays the best swing trading conditions with instant alerts in live charts of MT4. Identifies breakouts, S/R zones & inside bar signals.

The TTM Scalper Indicator spots potential price flips and converts them into super swing trading signals in Metatrader 4.
As a technical indicator, it helps you anticipate both short and long-term gain/loss so that you can capitalize on solid price momentums. It works based on reversal patterns and identifies potential price retracement levels during on-trend market conditions.

Since TTM Scalper suits MTF chart analysis, it enables you to go for both day and intraday trading simultaneously. According to our review, 1-minute to 4-hour charts are the best possible timeframes for this indicator. Moreover, it works on any financial instrument charts listed in MT4, including forex, stocks, ETFs, commodities, and cryptos.

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TD Sequential Indicator

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TD Sequential is an advanced technical method of reading price charts. Best intraday buy-sell indicator for MT4. Identifies potential forex & stocks trend signals.
TD Sequential covers all the components of Tom DeMark’s famous technical analysis method of anticipating trend reversal conditions.
This indicator works as a universal key for revealing the changes in price momentums. It applies a theory of counting the bars based on their highs and lows for analyzing market biases.

In the past, traders used to apply DeMark’s method by marking the candles manually, which was a bit challenging and complex, especially for beginners. Thankfully, TD Sequential indicator for MT4 makes it more convenient to benefit from this excellent price-action trading method.

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Pivot Points Daily Shifted Indicator

Pivot points daily shifted indicator for MT4 provides daily pivot lines with Resistance and Support lines to BUY and SELL. Free download and easy install.

The Pivot points daily shifted indicator for MT4 is a leading indicator that predicts the important support and resistance levels of the current day using the previous day’s values. These support and resistance lines assist forex technical traders to identify reversal points daily for successful day trading. So, forex traders can BUY or SELL at these reversal points.

Additionally, these lines act as potential take profit and stop-loss levels. So, forex technical traders can use the pivot points as a complete trading system that provides an entry point, stop loss and take profits for the current trading day. Additionally, the indicator can be used to formulate automated trading strategies.

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