MT Terminal Indicators - Overview by Indicatorspot

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Ichimoku Senkoua Envelope Indicator


The Ichimoku Senkoua Envelope Indicator for MetaTrader 4 (MT4) is a versatile technical analysis tool that identifies the potential trend reversal zones and the market trend direction. It’s one of the most reliable forex indicators that even a beginner can harness to find buy or sell entries.
Furthermore, the indicator’s signals are more stable on the higher timeframes, which makes it ideal for day/intraday and swing traders. Thus, a scalper may not benefit much from it due to the market noise on the lower time frames.

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Large Time Frame 104 Indicator


The Large Time Frame 104 indicator for MetaTrader 4 (MT4) is simply a tool for financial trading that draws the candlestick formation of the weekly timeframe (W1) on the smaller time frames. It shows all the features of the candlesticks (e.g., wick, full body candlesticks, and big/small candlesticks) that were formed on the W1 time frame.
The indicator isn’t a trend analyzer that determines different market conditions. However, it can come in handy during technical analysis to give traders an insight into the pattern of candlesticks formed on the W1 timeframe.

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Volatility Hypertrend Indicator


The volatility hypertrend indicator for MT4 measures the volatility and provides bullish and bearish forex trading signals based on the ATR. The indicator uses arrows for trading signals and provides alerts for the same. As a result, forex traders can easily identify trend direction, entry and exit points.
The indicator arrow signals are easy to use and well suitable for new and advanced forex traders. Moreover, the indicator works well on all chart timeframes and is useful for scalpers, intraday traders, and short and long-term forex traders alike. Furthermore this ATR – Average True Range based indicator does not repaint.

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XTC Trend Indicator

The XTC trend indicator for MT4 is an oscillator with colored histogram bars which provide bullish and bearish trends. So, forex trend traders can buy and sell based on the histogram. This indicator is built upon multiple indicators that help identify the current trend direction and also provide trend reversals.

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Waddah Attar Pivot Indicator


The Waddah Attar pivot indicator for MT4 plots the daily, weekly and monthly pivots. The indicator helps forex traders using pivots to identify the trend direction as well as the entry point. Pivot traders use price values to derive support and resistance levels automatically.
The indicator works well for new and advanced forex traders and is easy to use. However, new forex traders should familiarize with support and resistance trading. The indicator plots the daily, weekly and monthly pivot lines with no regard of the chart time frame. Additionally, the indicator does not repaint and re calculates the lines at the end of day.

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xSuperTrend Candles Indicator


The xSuperTrend indicator for MT4 changes the color of candles to red and green based on the bullish and bearish nature of them. This enables forex traders to view the chart without the classic super trend line. As a result, forex traders can further enhance their technical analysis while having quality trend trading signals.
The indicator works well in all chart time frames and is suitable for intraday to daily, weekly and monthly charts. Moreover, as this indicator is a trend following indicator traders can use it for automated trading programs.

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ZigZag2 R Indicator

The ZigZag2 R indicator for MT4 provides forex swing trading signals based on the ZigZag indicator. The indicator plots the ZigZag lines which include the progressive and the corrective waves. As a result, forex traders can identify price reversals using these ZigZag waves and lines. Moreover, the indicator removes many small fluctuations and helps traders to achieve trades with better risk-reward ratios.

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Adaptive RSX of MA Indicator


The Adaptive RSX of MA Indicator is an advanced MT4 trend analysis indicator specially developed for forex day traders. It is calculated using the Relative Strength Index (RSI) and the Moving Average (MA) of the price.
This guide explains how the Adaptive RSX of MA helps you determine short-term trend-following buy-sell signals on MT4.

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Tmagi Indicator


The Tmagi Indicator is a moving average-based trend analysis tool developed for MT4 platforms. It applies the crossover between fast and slow MA to determine the market bias. Also, it uses simple and linear weighted moving averages to examine the validity of the price trend.
Technically, Magi has the ability to filter out false signals by performing crosschecks of the market momentum. Also, it automatically adjusts to MTF charts, allowing you to check the trend conditions in different timeframes.

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MACD Histogram Indicator

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The MACD Histogram indicator for MT5 displays the moving average crossover and additionally a histogram in two colors. It effectively displays the intersection of a slower moving average and a faster one. As a result, this indicator is useful for forex traders who use moving average crossovers for technical analysis and trading signals.
The indicator is easy to understand and works well for both new and experienced Forex traders. Moreover, it works on all timeframes of intraday charts, as well as daily, weekly and monthly price charts.

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Smoothed WPR Indicator


The Smoothed WPR indicator for MetaTrader 5 is an improved version of WPR indicator which is commonly known as the William Percent Range indicator. This is an smoothed oscillating indicator suitable for identifying potential trend reversal zones in the market.

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MACD Candles Indicator

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The MACD Candles indicator for MT5 displays the direction and position of the MACD line relative to the zero line. In fact, it displays information about multiple time frames in the comment area.
This helps the forex trader to determine the direction of the trend on multiple time frames at a glance. This way, forex traders can stay in the general direction of the trend.

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Hull Moving Average Indicator


The Hull Moving Average Indicator for MT5 significantly reduces the latency of moving averages while improving responsiveness. Thanks to this, it significantly eliminates market noise and provides a smooth indicator line, focusing on the latest market data
This, in turn, helps forex traders identify bullish and bearish markets and trade profitably.

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Better Heiken Ashi Smoothed Indicator

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The Heiken Ashi Smoothed Indicator for MT5 adds a moving average value to provide much better Forex trading signals than the classic Heiken Ashi indicator. As a result, this indicator helps trend traders use Heiken Ashi instead of regular candlesticks for technical analysis.
The indicator is easy to use and is well suited for both new and experienced Forex traders.

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Fractal Dimension Indicator


The Fractal Dimension Indicator for MT5 helps Forex traders identify market volatility. Moreover, it indicates the beginning of a trending market. This helps forex traders to refrain from trading in volatile markets and enter the markets only during a trend. As a result, traders can use this technical analysis tool to apply trending or ranking market strategies accordingly.
The indicator is easy to understand and works well for both new and experienced Forex traders.

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Forex Profit Boost Indicator


Forex Profit Boost Indicator for MT5 is a trend following indicator that identifies bullish and bearish market conditions. The indicator provides buy and sell trading signals by combining classic Bollinger Bands and moving averages. As a trend indicator, Forex trend traders should consider using them only during trending market conditions.
The indicator is easy to interpret and works well with both new and experienced Forex traders for technical analysis and tracking trends.

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MACD Crossover Alert Indicator

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The MACD Crossover Alert Indicator for MT5 helps forex traders by providing audio alerts when the MACD Histogram and Signal Line crosses. Most forex traders who use the classic MACD (moving average convergence divergence) for technical analysis require a crossover warning signal. This indicator provides a warning and solves this problem.
The indicator is easy to use and works well with both new and experienced Forex traders. Traders can apply this on all intraday price charts and all higher time frames. Additionally, many traders use the MACD indicator to develop automated trading programs.

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HMA Color with Alerts Indicator


The HMA Color with Alerts Indicator for MT5 displays the Hull moving average in bullish and bearish colors. It does not redraw and reduces the delay associated with classic moving averages. As a result, forex traders can generate better trading signals using Hull moving averages and buy and sell accordingly.
The indicator is easy to use for both new and experienced Forex traders. Moreover, it works well on all intraday price charts and higher time frame charts.

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Color Stochastic Indicator


Stochastic “Color” works in the same way as the stochastic oscillator, but with a slight modification. It functions as a momentum indicator that compares a particular closing price of a financial asset to its price range over a specific period of time.
By comparing the closing price to historical price movements, the indicator aims to anticipate potential price reversal points. These points are colored green for a bearish reversal and red for a bullish reversal.

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Weighted CCI Indicator



The Weighted CCI Indicator for MetaTrader 5 is a custom tool designed to analyze trends using the Commodity Channel Index (CCI). Its weighted period allows for greater sensitivity and responsiveness to market changes.
The CCI indicator provides information about overbought and oversold levels of price. It calculates the average high and low of past prices to determine extreme zones. The default overbought and oversold limits for the traditional CCI indicator are +100 and -100.

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