MT Terminal Indicators - Overview by Indicatorspot

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Scalper X2 Indicator


The Scalper X2 indicator for MT4 provides buy and sell forex trading signals suitable for scalpers. However, traders can adjust the indicator settings to get long term trading signals. As a result, traders can use a simple arrow based trading system suitable for all types of trading.
The indicator is easy to use and suitable for new and advanced forex traders. Furthermore, traders can apply it to all chart time frames. Since, the signals are based on arrows the indicator is suitable for auto trading strategies.


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Sixty Second Trades Indicator


The Sixty Second Trades MT4 indicator is a simple yet effective indicator that works based on the principle of price action. The indicator identifies short-term trends and provides traders with market entry and exit signals, ideally for scalping and day trading. It represents a combination of average directional index (ADX) and stochastic oscillator.
This article will explore how the Sixty Second Trades works and how to use it to your advantage in MT4 trading.

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RSI TMA Centered Bands Indicator

The RSI TMA centered bands indicator for MT4 is a combination of the classic RSI and the TMA indicators. The TMA – Triangular moving average is plotted based on the RSI – Relative Strength index. So, the indicator helps forex traders to identify the trend direction, over bought and oversold conditions. As a result, it is possible for traders to enter in the best possible entry point.

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Stratman Mini Chart Indicator


The Stratman Mini Chart indicator gives forex and stock traders a fast and easy way to identify key potential support/resistance levels. It helps you identify possible trend changes and price-action-based trading opportunities on MTF charts. This indicator can be particularly useful for traders looking to make quick trades or trading in volatile markets.
In this article, we’ll take a closer look at the Stratman Mini Chart. How it works, and why it’s such an essential MT4 tool for traders in any market.

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Super Scalper Indicator


The Super Scalper Indicator is a technical analysis tool that helps traders identify short-term trading opportunities in the market. It’s a custom indicator that uses a combination of moving averages and trend oscillators to generate real-time buy-sell signals. The indicator is designed to work on all timeframes, from 1-minute to daily charts.
This article will explore how the Super Scalper works in MT4, including chart examples.

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Support Resistance Levels Indicator


The Support Resistance Levels indicator represents an automatic price level analysis tool dedicatedly created for MT4 platforms. It highlights the price recent peaks and bottoms using horizontal lines, helping you identify the key supply/demand zones on the price chart.
In this article, you’ll learn how to spot potential buy/sell levels using the Support Resistance Levels indicator.

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Directional Breakout Indicator

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Directional Breakout Indicator For MT5 provides bullish, bearish and neutral market trend using 20 period moving average. This indicator is suitable for Forex traders who use moving averages to identify and follow a trend.
The indicator is well suited for new and experienced Forex traders. Many automated trading strategies include moving averages in one way or another to determine the direction of the trend.

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VSI Indicator


The VSI Indicator for MetaTrader 5 is a forex indicator that detects bullish and bearish surges caused by a sudden increase in the trading volume of an asset. It is simply a volume indicator that detects bursts of volatility in the market.
The indicator is an incredible forex trading tool for capturing big moves caused by market makers. This is because jumps in the volume of financial instruments often suggest that the market is likely to continue moving in that direction for a while.

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ZigZag Pointer Indicator


The ZigZag Pointer indicator for MetaTrader 5 is a typical ZigZag indicator that uses arrows to highlight price reversal zones when the price exceeds a fixed percentage. In other words, it is essentially a ZigZag indicator that connects swing highs and lows with dots rather than drawing zigzag lines on the chart.
The indicator is an incredible innovation compared to the regular ZigZag tool on the MT5 platform. For example, the indicator is chart-friendly (no zigzag lines), which gives enough room for technical analysis.

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T3MA ALARM Indicator


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

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KAMA With Filter Indicator


The KAMA With Filter indicator is designed to help traders carefully study market trends and make informed trading decisions using the MT5 platforms.
With advanced algorithms and customizable settings, this indicator provides users with accurate and reliable signals that can help improve their trading performance in the Forex and stock markets.
Let’s dive in and learn more about the features and benefits of this indicator for MT5.

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Dolly Graphics v11 GMT Shift Indicator

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The Dolly Graphics v11 GMT Shift indicator is a turn-based indicator that provides valuable insight into buy and sell zones. The indicator uses pivot points, key levels calculated from previous highs, lows and closing prices. These pivot points act as potential support and resistance levels.
Indicators that the color coding system uses to identify different trading areas.

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Ehlers Fisher Transform Indicator

The Ehlers Fisher Transform Indicator for MetaTrader 5 is a leading indicator developed by JF Ehlers to detect potential trend reversal zones. It was created using algorithms that are highly sensitive to price reversal zones, allowing it to identify trend reversals at an early stage.

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Bezier Indicator


The Bezier Indicator for MT5 reduces the delay associated with the classic moving average and is based on the mathematical formula of the Bezier curve. As a result, the indicator reacts quickly and is best suited for technical analysis. Thus, forex traders can use this indicator as an alternative to buying and selling moving averages.
The indicator is a single line on a price chart and is suitable for all new and experienced Forex traders.

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Kaufman Volatility Indicator


The Kaufman Volatility Indicator for MetaTrader 5 is one of the Kaufman trading indicators that was developed to track the ever-changing market volatility of any instrument. This Forex trading indicator has been included in the algorithms that determine momentum in the Forex market.
The indicator was created to determine market volatility with greater accuracy than other volatility indicators. Therefore, it can positively improve your results as price volatility determines the true direction of the market. In other words, the level of volatility in the market can affect any trading strategy.

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ATR Stop Loss Indicator


The ATR stop loss indicator uses the traditional ATR indicator to determine SL levels.
The indicator consists of two main components: the ATR value and the multiplier. The ATR value represents the current market volatility and the multiplier is used to determine the distance at which the SL level should be set from the current price.
Although the indicator works great on all timeframes, it is better to use it on higher timeframes.

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ASC Trend Indicator


The ASC Trend Indicator for MetaTrader 5 is a technical trading system that monitors price dynamics to determine the possible direction of the market trend. It also serves as a trend reversal indicator to identify potential price turning points.
The indicator gives better signals on higher timeframes than on lower timeframes, as the latter are driven by market noise.
Therefore, it is recommended to use it on the H4 timeframe and above for day and swing traders, while the H1 (or 30-minute) timeframe is best suited for scalpers.

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AMKA Indicator


The AMKA indicator for MT5 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 according to the specific preferences of individual traders.
This means that traders can customize the indicator settings to suit their unique trading style, which can help improve trading results.

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Auto Trendlines Indicator


As the name suggests, the Auto Trendlines indicator displays trend lines on a chart. Usually in MT5 you need to go to the trendline tool and draw it yourself. But the indicator automatically plots these trendlines to determine the overall market trend.
It uses mathematical algorithms and price data to detect and plot trend lines. It scans historical price movements, identifies significant swing highs and lows, and then connects them with straight lines representing the main trend direction.
While you can use the indicator on all timeframes, it is better to look at the overall trend on longer timeframes.

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Dynamic Trend Cleaned Up Indicator


The Dynamic Trend Cleaned Up indicator draws a trend line indicating the direction of the trend.
Instead of being fixed in one position, the trend line of this indicator moves with the price, taking into account recent price movements and correcting itself automatically.
The good thing is that you can use the indicator on all timeframes. However, the indicator can give false signals on lower timeframes.

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