MT Terminal Indicators - Overview by Indicatorspot

Chande Momentum Oscillator Indicator

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An ideal oscillator for detecting momentum. Chande Momentum Oscillator is an incredible forex trading tool for detecting strong trend and impending reversals..
Chande Momentum Oscillator (CMO) is one of the technical indicators developed by Tushar Chande. He explores this technical indicator in his book Beyond Technical Analysis. The indicator measures momentum on up and down days without smoothing the results, triggering more overbought and oversold penetrations. The whole idea is to use the indicator to open trades when the momentum is strong.

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AMA Band Indicator

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Best volatility indicator. Trend reversal indicator. Forex technical indicator. Support and resistance indicator.
The Adaptive Moving Average, otherwise known as the AMA Band indicator for MetaTrader is a trend following indicator. It is an innovative forex trading tool that tracks the historic data of the price to spot levels where the price has the potential to reverse or continue trending.

The indicator is designed with signal arrows and a band of moving averages that encloses the movement of the entire price. The expansion/contraction of the outer bands of the moving averages act as a gauge to measure the increase/decrease of the market’s volatility. The bands also act as some form of dynamic support and resistance.

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Chande Kroll Stop Indicator

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The Chande Kroll stop is an MT4 indicator that helps traders lock in their profits. Additionally, it is an ideal detector for trend reversal.
The Chande Kroll Stop indicator is a unique forex trading tool that helps calculate ideal protective stop loss for a trade. It uses average true range value and a variation of the directional movement. The volatility-based indicator is named after its inventor Tushar Chande and Stanley Kroll. The most interesting feature about the indicator is that it is not affected by volatility. Therefore, trade reversal and volatility do not affect the stop loss.

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All-ADX Indicator

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The All-ADX (Average Directional Index) Indicator for MetaTrader is the best technical trading tool to gauge the overall strength of a market trend. In other words, the indicator tells if a market is trending strongly, weak, or just ranging.

The All-ADX indicator is an advanced version of the regular ADX that is typical of most MT4 platforms. The indicator is optimized to show the current market conditions of all the time frames on a single chart. This helps to ease the pain of flipping between different charts just to read what the trend is doing.

This MT4 indicator can be used by both novice and experienced forex traders for day-to-day trade analysis. Besides, it also works well with different trading styles like scalping, day and swing trading.

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Adaptive Renko Indicator

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Support and resistance indicator. Free Renko charts. MT4 indicators. Trend following MT4 indicator. Trend reversal indicator for forex.
The Adaptive Renko indicator for MetaTrader is a non-repaint trend following forex indicator. This powerful MT4 trading tool is built majorly in line with the Triangular Moving Average, popularly known as the TMA Renko strategy.

The indicator makes trading with the TMA Renko strategy (which is a bit complex to grasp) to be quite straightforward. Anyone can use this indicator and achieve a similar result to those manually trading with the TMA Renko strategy.

The Adaptive Renko indicator is an efficient tool to accurately trade market reversals and trending markets. It would come in handy for novice traders with little or no knowledge of how the Renko trading system works. Professional traders can as well save time by using the indicator since it automatically does the analysis.

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Derivative Oscillator Indicator

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Derivative oscillator is an ideal tool to determine the trend direction and strength. While it is not one of the default indicators, it is available for download on our website free of charge. Also, it is an ideal trend reversal detector.

The Derivative oscillator incorporates enhanced versions of the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). The indicator can be used to analyze any instrument in any time frame. It also works perfectly with other technical analysis tools such as price action and chart patterns.

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AO Divergence Indicator

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Forex BUY SELL signals from the best MT4. AO Divergence indicator. Divergences detector. Accurate trend indicator.
The AO Divergence indicator or the Awesome Oscillator Divergence indicator is an upgraded version of the traditional Awesome Oscillator.
The AO Divergence indicator is calculated by subtracting the two Simple Moving Averages (SMA). The convergence and divergence of the fast SMA and slow SMA help us to define the direction and strength of the movement, as well as discover reversal points on the chart.

This indicator appears as a colored bar histogram in a separate window beneath the price chart. The green bars represent an uptrend while the red bars mark the downtrend.

The indicator also paints blue lines divergences on the chart. The divergences mark the ending and beginning of a trend. The arrows of the indicator pinpoint give us BUY and SELL signals.

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3 Level ZZ Semafor Indicator

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The 3 Level ZZ Semafor Indicator MT4 is a zigzag indicator that shows the values of three zigzags on the chart.
The periods for each of the three zigzags vary. These are small, medium, and large dots. Instead of putting zigzag lines on the chart, this indicator draws dots at the zigzag places.

The three levels of the indicator differ by the maximum and lowest values of three separate periods: short-term rapid, medium-term slow, and long-term slow. The dots vary in size and color, and they are numbered 1 to 3.

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Non Repainting SuperTrend Indicator

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The Non Repainting SuperTrend Indicator for MetaTrader is a trend-following system designed to spot potential trend reversal zones. The indicator is built with technical strictures to calculate the median and the Average True Range (ATR) of the price to identify high probability reversal points.

The Non Repainting SuperTrend indicator is a very good tool for both scalpers and day/intraday traders. More so, new forex traders would find it invaluable because of its simplicity and efficiency. Experienced traders on the other hand would find it handy as a confluence for trade setups and exits.

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Laguerre Filter Indicator

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The Laguerre Filter indicator for MetaTrader is a forex technical indicator designed based on one of John Ehlers’ trading strategies. The indicator helps to demystify and eliminates the need to grasp the unpopular concept of the gamma parameter as explained by John Ehlers.

This MT4 indicator looks somewhat like a moving average, but it isn’t. The Laguerre Filter indicator is built with smoothing features which makes it less likely to lag from the price. The indicator may look simple on the chart, but yet powerful in filtering and identifying the trend of the market. This in turn helps you to easily define the market bias and make informed trading decisions.

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Ticks Volume Indicator

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Volume in trading is quite an essential factor. It gives you a sneak peek of the interest in a certain instrument. To be specific, high trading volume indicates high interest in a currency pair. This means the asset will experience a strong trend. On the other hand, low volume indicates a lack of interest, making the trend susceptible to reversal.

In the stock market, the trade volumes are there for everyone to see. However, getting the same information for the forex market is quite a herculean task. This is where the Ticks Volume indicator comes in handy.

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RSX Indicator

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The RSX indicator detects market dynamics and price peculiarities by transforming accumulated market history data. This improved version of the RSI eliminates market noise to prevent fake market signals hence more accurate signals. The best part is that the indicator can be smoothed without lagging.

The indicator window forms below the market chart and features overbought and oversold areas. It also consists of a moving average line that depicts the market movement which changes color from lime green to pale violet. RSX also features a broad line column on the zero level that changes color to red, green, and yellow. The yellow color signifies market decision. You can use the indicator for day trading, scalping, and swing trading.

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ASC Trend Indicator

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The ASC Trend Indicator is a simple indicator that tells you the direction of the trend. It follows the price momentum and tells you where the market is heading. The indicator also illustrates the trend reversal.

The indicator draws arrows on the chart to help you buy or sell points. The arrows comprise red and blue colors. The blue arrow emerges below the candlestick and tells the upward price trajectory.

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Scalper Dream Indicator

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The Scalper Dream indicator for MetaTrader is a trend following indicator ideally made for taking short-term trades (scalping) in the financial market. The indicator is built with a histogram to guide users in the direction of the trend. It is also integrated with supporting text information that shows the trend power, trend direction, etc.

The trend filter parameters (histogram, trend direction, trend strength, etc.) make the indicator a powerful tool for scalping. You can easily define the trend of the market with just a glance. This in turn eliminates the fear of trading against the trend which can be detrimental to trades.

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Support and Resistance Indicator

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Support and resistance are the basic and widely used trading strategies in the financial trading world. The Support and Resistance indicator for MetaTrader is the best technical tool for identifying potential areas of a support or resistance zone.
The indicator is a multi-timeframe indicator that automatically scans through different timeframes for support&resistance zones. It displays lines of the support&resistance zones of a specified period in all the time frames. This implies that the indicator would show the support&resistance lines of H4, D1, W1, and MN on an H4 timeframe, for instance.
This technical indicator automatically identifies and draws the zones on your MT4 chart, making it a less hassle for trading support&resistance zones.

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Point Zero Oscillator Indicator

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Point Zero Oscillator indicator is an ideal technical tool for determining trend reversal. It is an incredible detector of market trend reversals.
The point Zero oscillator looks like the MACD indicator. Although they are two different things, they have a lot in common. In fact, the point zero oscillator is similar to the MACD indicator only that it reacts faster to price changes. This means it provides more accurate signals.
The indicators draw histograms that show the price strength and direction. The colored vertical bars provide buy and sell signals depending on their color. What’s more, the indicator is non-repainting. It works well on any time frame without necessarily fine-tuning the settings. However, the indicator allows you to tweak the parameters settings to optimize your trading.

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Cap Channel Trading Indicator

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As the name implies, the CAP channel trading indicator is used for channel trading. In other words, it uses an envelope strategy where the price generally falls within a channel bounded by an upper and lower line. The upper channel acts as an overbought area, while the lower channel acts as an oversold area.

The indicator is volatility sensitive, meaning that it assesses the day-to-day price differences of an instrument to determine the demand and supply areas. Using this indicator shows you where to enter the market. It also helps determine whether to hold or exit the market altogether. The indicator post arrow signals indicate trend reversal points enabling traders to take advantage of trading opportunities.

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NDuet Indicator

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Nduet is one of the best trend-following indicators. It provides great buy and sell signals and is a great trend reversal detector.

One of the basics of forex is trading with the trend. Yes, the trend is your friend. But identifying the market trend is not a tasking task. What if you get a technical analysis tool to identify the trend and help you use it to optimize profits? The NDuet indicator for MT4-free download is a special trend indicator that shows you the market price direction, provides a buy and sell signal, and shields your profits at the same time. This indicator shows the trend and reversal points so that you can exit when the current trend loses steam.

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MACD with EMA Indicator

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Forex BUY and SELL signals from the best MT4 MACD with EMA Indicator. Combine MACD with EMA. Accurate trend detector.
The MACD with EMA Indicator combines two of the best moving averages indicator to present the direction of the trend. Like the traditional MACD and EMA, it paints a signal line and a histogram.

There are two EMAs, one fast and one slow, and the MACD signal line. The MACD plots a signal line by subtracting the two EMAs. The signal line gives a BUY or a SELL signal.

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Perfect Trendline Indicator

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The Perfect Trendline Indicator is a simple MT4 indicator that tells the direction of the trend. It comprises two trendlines; one fast and one slow. The lines define the BUY and SELL signals.

The Perfect Trend Indicator plots dots on the chart along with the trendlines. These dots act as entry and exit points. The dots comprises two colors; red and green. When the red dot appears, it’s a sell signal, while the green dot mentions a buy signal.

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