MT Terminal Indicators - Overview by Indicatorspot

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ASO Indicator

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The ASO indicator for MetaTrader 4 is otherwise known as the Average Sentiment Oscillator indicator. It is a trend-following oscillator that shows the sentiment of the market and also delivers buy/sell signals.
The indicator is built with two lines (of different colors) that are used to indicate the trend direction and potential trend reversal. Furthermore, the 50.00 level of the indicator is used to determine whether a trend sentiment is bullish or bearish. Therefore, the market is said to be bullish when the royal blue line is above the 50.00 level. Similarly, a bearish trend is indicated when the red line is also above the 50.00 level.

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ATR Ratio Indicator


The ATR (Average True Range) Ratio indicator for MetaTrader 4 is a volatility-based indicator commonly used to identify the increase or decrease of volatility in the financial market. It analyses the market’s volatility by comparing the differences between the fast ATR and slow ATR of an asset during a trading session.
The indicator comes with a red line that oscillates across a horizontal bar as the market gains or loses volatility.

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Newest CCFp Indicator


The Newest CCFp indicator for MetaTrader 4 is an advanced version of the regular CCFp indicator. Unlike the previous versions of the CCFp indicators that display the strength/weakness of different currency pairs, this newest version comes with additional technical features to help you in making better trade decisions.
One of notable technical features of this new version is the display of the time for a candlestick to close. Additionally, it suggests the suitable trend direction to open a trade. Finally, it is also chart-friendly and easy to understand, which makes it superior to the previous versions.

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Auto Pivot Indicator


The Auto Pivot Indicator is based on the concept of pivot points and is used to identify support and resistance levels.
The indicator typically displays three daily support levels and three daily resistance levels. These levels are derived from the pivot point, the average of the previous day’s high, low, and close prices.
In addition, the Auto Pivot also displays a daily and weekly pivot line. These lines act as a reference point to gauge the overall market sentiment.

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Asc Trend 2 Indicator


The Asc Trend 2 Indicator highlights the candlestick chart. The indicator highlights bullish and bearish bars with aqua and magenta colors. The aqua color represents the bullish bar, while the magenta illustrates the bearish bar.
The indicator works on all timeframes. However, using the indicator on longer timeframes is better for limiting false signals.


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Automatic Trendlines V2 Indicator


As the name suggests, the Automatic Trendlines V2 Indicator plots the trendlines on the chart. Usually, in MT4, you have to navigate to the trendline tool and draw it yourself. But the indicator plots these trendlines automatically to detect the overall market trend.
It uses mathematical algorithms and price data to detect and draw trendlines. It scans historical price movements, identifies significant swing highs and lows, and then connects them with straight lines, representing the underlying trend direction.

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Daily Candle Indicator


The Daily Candle Indicator visualizes the daily price action of any currency pair on a chart. As its name suggests, this indicator plots a single candlestick on the chart for each trading day, representing the opening, closing, highest, and lowest prices.
The candlestick’s body represents the price range between that day’s opening and closing prices. A bullish candlestick indicates that the closing price is higher than the opening price, while a bearish candlestick represents a closing price lower than the opening price.

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Dolly Graphics v11 GMT Shift Indicator


The Dolly Graphics v11 GMT Shift Indicator is a pivot-based indicator that provides valuable information about buy and sell zones. The indicator uses pivot points, key levels calculated based on the previous high, low, and close prices. These pivot points act as potential support and resistance levels.
The indicator employs a color-coded system to indicate different trading zones. In addition to the buy and sell zones, this indicator provides info on daily open, daily range, and GMT zone shifts.

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All in One Indicator


Trading in the currency market can be very intimidating, with so many indicators and tools to choose from. But what if there was an All in One solution that could simplify your trading strategy?
The All in One Indicator for MT4 combines multiple indicators into one, providing a comprehensive view of market trends and potential trading opportunities. It includes popular indicators such as horizontal support/resistance levels, daily pivot points, current spread tracker, and MTF average true range value to determine highly probable buy-sell setups.

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All MACD Adaptive MTF Indicator


If you’re looking to improve your trend analysis precision and trading performance in MT4, you might want to consider using the All MACD Adaptive MTF Indicator. This powerful tool can help you identify trends and market reversals with greater accuracy, thanks to its adaptive multi-timeframe capabilities.
With the All MACD Adaptive MTF Indicator, you can get a more comprehensive view of the market and make more informed trading decisions. Whether you’re an experienced or novice trader, this indicator can be an excellent addition to your trading toolkit.

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Dinapoli Targets Indicator


The Dinapoli Targets indicator for MetaTrader 4 is a technical indicator that draws the Dinapoli levels on the chart. The identified zones are key levels that tend to act as potential trend reversal levels, otherwise known as support and resistance.
The indicator is suited for all classes of forex traders, especially the beginners, because it automatically identifies optimal buy/sell entry zones with the corresponding take profit and stop loss targets.

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AMKA Indicator

The AMKA indicator for MT4 is a powerful tool designed to help traders simplify their trading strategy. This indicator provides a comprehensive view of market trends and potential trading opportunities, making it an invaluable resource for traders of all levels.
One of the key features of the AMKA indicator is its ability to be customized to suit the specific preferences of individual traders. This means that traders can adjust the settings of the indicator to match their unique trading style, which can help to improve trading results.

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Kaufman AMA Averages Filtered ATR Bands Indicator

The Kaufman AMA Averages Filtered ATR Bands indicator for MetaTrader 4 is one of the variations of the famous Kaufman indicators. This variation is aimed at improving the efficiency of the Kaufman indicator by fusing it with the ATR bands to detect trend reversal zones.

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M-Candles Indicator


The M-Candles indicator for MetaTrader 4 is a forex indicator that displays the candlesticks formation of any higher time frame on the smaller time frames. The indicator is designed to help you to visualize the candlestick patterns and behavior of any higher timeframe of interest.
The essence of this MT4 indicator is to make technical analysis less tasking, especially for forex traders that are accustomed to multi-timeframe analysis. For instance, the indicator is set by default to paint the candlesticks of the H4 timeframe on the lower time frames, which makes it easier to know the candlestick formation on the H4 without switching over.

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T3MA ALARM Indicator


The T3MA ALARM Indicator uses a moving average (MA) to detect trends and reversals in the market. The Moving Average is a widely used technical analysis tool that calculates the average price of an over a specific period.
In the case of the T3MA ALARM Indicator, it employs a type known as the Triple Exponential Moving Average (T3MA). The T3MA plots red and blue arrows to identify BUY and SELL signals.

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Higher High Higher Low Indicator


The Higher High Higher Low Indicator identifies the direction of the prevailing trend. It focuses on identifying the price pattern of higher highs and higher lows.
The concept behind the HHHL indicator is based on the principle that in a healthy uptrend, each successive swing high should be higher than the previous one, and each swing low should also be higher than the preceding low.

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Forex Atron Indicator


The Forex Atron Indicator highlights price volatility and potential trend reversals by creating three bands on the chart. It uses standard deviation to generate these bands.
The upper band is depicted in red and signifies higher price volatility. The middle band, shown as a dotted yellow line, represents the mean or average price over a specified period. Finally, the lower band, indicated by the color blue, represents a lower level of price volatility.

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SHI Channel true Indicator


The SHI Channel true Indicator employs a Fractal strategy to create a channel consisting of three lines: an upper line, a lower line, and a dotted middle line.
The upper and lower lines of the channel are determined by identifying significant peaks and valleys in the price data.
These points are known as fractals, local extremes where the price makes a high or low surrounded by lower highs or higher lows, respectively.
By connecting these fractals, the indicator constructs the upper and lower lines of the channel.

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LWMA Indicator

The LWMA indicator for MetaTrader 4 is a financial market trend analyzer that generates buy and sell signals using the Linear Weight Moving (LWMA) indicator. The indicator is a simple technical trading tool that detects trend reversals and then delivers buy and sell signals with arrows.

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T3MA Indicator


The T3MA indicator, designed for use in MetaTrader 4, serves as a trend-following tool that utilizes several moving averages to analyze market trends and determine their direction. Renowned for its effectiveness, this indicator provides reliable signals for identifying potential price reversals.
When the price closes above all of the moving averages, the T3MA indicator indicates a bullish trend. Conversely, if the price falls below the moving averages, it suggests a potential bearish movement. By incorporating these signals, traders can make informed decisions in their technical analysis and improve their trading strategies.

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