MT Terminal Indicators - Overview by Indicatorspot

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RSI Candles MTF Indicator


The RSI (Relative Strength Indicator) Candles MTF indicator for MetaTrader 5 is a technical system that automatically displays the value of the relative strength indicator directly on the candles of a financial asset.
The indicator is simply an optimized system for quickly identifying overbought and oversold price zones on multiple timeframes.
Plus, it will also help make your chart less cluttered, giving you plenty of room for technical analysis.

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Trend Scalp MTF Alert Indicator

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The Trend Scalp MTF Alert Indicator represents an MT4 technical analysis tool that helps you identify potential trading opportunities based on market trends. It provides alerts and signals that indicate when a trend is forming. Traders can use this information to enter a buy or sell order according to their existing trading strategy.
This article thoroughly explains the Indicator and shows how to use it on MT4 platforms with chart examples.

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Fractals 5 Diapazon Indicator

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The Fractals 5 Diapazon indicator for MT4 calculates the fractals differently based upon the bullish or bearish market trend. As a result, traders are able to identify reversal points and enter and exit the markets accordingly.
The indicator is easy to use and works well for new and advanced forex traders. However, new traders should understand price action to confirm the fractal reversals. Moreover, it works well in all intraday chart frames as well as daily, weekly and monthly charts.

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Gann Swings XVI Indicator


The GANN Swings XVI indicator for MT4 eliminates the short term trend changes of a currency pair and identifies major price trends. In effect, traders can identify major price trends and make fewer, more profitable trades. Swing traders benefit the most from automatically plotted Gann lines of this indicator.
New forex traders should have some basic understanding of Gann Lines and identify the higher highs and lower lows. Advanced traders will find it easy to plot the entry signals and buy and sell accordingly. Additionally, the indictor works on all chart time frames, but higher time frames provide better swing trades.

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gMTF MACD X Indicator

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The gMTF MACD X indicator for MT4 plots MACD trend direction of four different time frames in a same chart. Since the indicator plots 15, 30, H1 and H4 trend direction, traders can understand the trend situation at a glance. As a result, this indicator helps trend traders to analyze multiple trend direction and stay in the direction of general trend.
This indicator is simple to understand and is easy for new and advanced forex traders. Moreover, the indicator works well in all intraday charts. Furthermore, this indicator is well suited for automated trading systems. This indicator does not repaint once the current candle closes.

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Gliding Channels Indicator



The Gliding channels indicator for MT4 scans the price chart for channel patterns and draws them automatically on them. As a result, this indicator helps traders to focus on the trade confirmation rather looking for entry and exit signals. Furthermore, the bullish and bearish channels help the trend traders to identify trend reversal and continuations.
The indicator is helpful for new traders as it automatically identifies and plots the channels. However, new forex traders should understand price action to confirm the entry signals. The indicator works perfectly in intraday chart time frames as well as the higher time frames.

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Trix Trend Cycle Indicator

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The Trix trend cycle indicator for MT4 is an oscillator that provides forex trading signals based on the overbought and oversold market conditions. TRIX – Trix exponential moving average filters out smaller price fluctuations to provide a smoother trend. Hence, it enables forex traders to buy and sell and navigate the markets easily.
The indicator is easy to understand and works well for new and advanced forex traders. It works on all chart time frames; however traders should consider working on higher chart time frames. Furthermore, this indicator does not repaint after candle close. Additionally, traders can use this indicator for auto trading strategies or use in confluence of other technical indicators for analysis.

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Ultra Wizard Indicator


The Ultra Wizard indicator for MT4 calculates and provides a probability score for the bullish and bearish price movement. The indicator provides this value by combining moving averages, stochastic indicator and MACD indicators. As a result, forex traders can decide to buy or sell with reference to the probability score.
The indicator works on all chart time frames and calculates the probability score of that time frame. Though it works for all types of traders, it is effective for scalpers. Moreover, it simple score is easy to understand for new and advanced forex traders.


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Varmov Indicator

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The Varmov indicator for MT4 uses a complex formula to calculate the moving averages that differ from the classic Moving average calculation. Moreover, this Variable Moving Average – VarMov removes the lag associated to moving average. This provides forex traders with a responsive crossover of the fast and slow ones. And identify the bullish and bearish market conditions and trade with better results.
The indicator is easy to understand and is suitable for new and advanced forex traders. Moreover, traders can apply this indicator on any chart time frame including the intraday, daily, weekly and monthly price charts.

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Kijun Tenkan Indicator

The Kijun Tenkan indicator for MetaTrader 4 (MT4) is a trend analysis tool developed with two component lines of the famous Ichimoku’s trading system to generate buy/sell or exit signals. The Tenkan line is the conversion line with the 9-period price, while the Kijun is the baseline with the 26-period price.

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Spread Hi Lo Indicator


The spread of financial assets is not static; it changes continually as the market moves from one zone to another. Consequently, the market spread plays an essential role in the success of a forex trader because it can mar or make a trade setup.
Therefore, the Spread Hi Lo indicator is a MetaTrader 4 (MT4) trading tool that displays the current market spread of a financial instrument. Besides, it also displays other important variables like the highs and lows of past price actions.

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3 EMA Crossover Indicator


The 3 EMA Crossover indicator is a trend analysis tool for MetaTrader 4 (MT4) that displays the trend condition of a financial instrument. It was built with three (3) Exponential Moving Averages (EMA) to signal when the market’s trend is bullish, bearish, or neutral.
Furthermore, the indicator may be used along with other trend indicators as a confluence to identify buy/sell setups. Besides, it is recommended for novice, intermediate, and advanced forex traders to identify scalping and day trading setups.

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ADX Color Indicator

The Traditional Average Directional Index (ADX) indicator that comes with the MetaTrader platforms was built with oscillating lines to show the strength or weakness of a financial instrument. However, interpreting the signal of this indicator may be somewhat complex, especially for a beginner trader. Therefore, the ADX Color indicator is a MetaTrader 4 (MT4) technical analysis tool designed to display the strengths and weaknesses of the market trend using colored histogram bars. This makes it a lot easier to read and interpret. Besides, it also makes the indicator visually appealing to the eye.

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AFIRMA Indicator


The AFIRMA Indicator for MT4 is a trend filter that displays the true direction of the market. It has the same semblance as the regular moving average indicator; however, it is more responsive to price movement. Simply put, it doesn’t lag behind the price.
The indicator filters out the noises in the market to determine the directional bias of a financial instrument. Besides, it is very sensitive to price reversal zones, which is signified when the indicator’s line curves to the upside/downside. This makes it suitable for identifying trend reversal and trend continuation trading opportunities.

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BBWin Indicator



The BBWin indicator for MT4 is an optimized Bollinger Bands indicator optimized to work on a separate window below the chart. Besides, it also comes with a trend analyzer that shows the trend direction of the market.
Further, it is worth noting that the indicator delivers more reliable trade signals on the H1 and H4 timeframes. Thus, it is suited for day/intraday forex traders. Nonetheless, scalpers may also use it on the M15 and M30 time frames to find short trading opportunities.

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Forecasting of Price Range Indicator


The Forecasting of Price Range indicator for MetaTrader 4 (MT4) is a forex indicator for trend analysis that predicts the possible price range of future candlesticks. It is one of the technical analysis trading tools developed to help traders predict the direction of the market with better precision.
The indicator paints a red-colored bar on the MT4 chart, projecting the potential direction of the next candlestick. This information, in turn, helps a forex trader to anticipate the direction of price movement and make trading decisions accordingly.

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FX Fish Indicator


The FX Fish indicator for MetaTrader 4 (MT4) is a trend-following oscillator that displays the trend conditions in the financial market and signals buy/sell entry zones. Its algorithm uses a 10-day period of price history to predict the end/beginning of a trend, plus the direction.
The indicator displays the trend information of a financial trading instrument with the histogram bars, which alternate between the zero level. Thus, the potential end of a trend is determined when a histogram bar crosses above or below the zero line, which also doubles as a buy/sell signal.

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Fozzy Alert Indicator


The Fozzy Alert indicator for MetaTrader 4 (MT4) is a forex trading system developed by combining the Moving Average (MA) and Relative Strength Index (RSI) to identify buying/selling zones in the market.
The role of the attached RSI indicator is to keep a tab on the market to detect extreme trend conditions, otherwise known as overbought/oversold zones. On the other hand, the MA indicator functions as a filter that follows the market trend to identify optimal zones for potential trend reversal.


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CCI with Arrow Indicator


The CCI with Arrow indicator for MetaTrader 4 (MT4) is a momentum-based oscillator built with a signal arrow to determine an optimal entry zone to buy or sell an asset. It plots the signal arrows when the CCI (Commodity Channel Index) identifies an established trend condition.
The indicator may be helpful to a forex trader to spot short and long-term trading opportunities in the financial industry. Furthermore, it may also be used as a confluence with technical analysis/other indicators to make informed trading decisions.

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i-Morning Range Indicator


The i-Morning Range indicator for MetaTrader 4 (MT4) is a technical trading tool designed to assist forex traders in identifying trading opportunities when the price breakouts of the high/low of the morning range.
In essence, the indicator highlights the highs and lows of the opening of the market, which, when broken, may signal a potential move in that direction.

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