MT Terminal Indicators - Overview by Indicatorspot

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Fibonacci Average Indicator

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The Fibonacci Average indicator for MT4 comprises several Fibonacci levels constructed on the chart. These levels can be used as potential entry and exit zones.

As an advanced trader, you might have used Fibonacci retracement and extension levels on the charts. The levels help you enter the trades in continuation setups. However, the levels differ for different timeframes as each chart shows that the swing low and swing high differ.

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SAR Oscillator Indicator


The SAR Oscillator indicator for MetaTrader 4 (MT4) is a custom parabolic SAR indicator with more advanced features than the traditional SAR indicator. The regular parabolic SAR indicator on MT4 platforms paints a signal dot on the main chart to show the end/beginning of a trend.
However, this version of the indicator displays histogram bars below the chart to signal trend reversal/market direction. It makes it more convenient for a forex trader to see the flow of the trend, which is critical in making better trade decisions.

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High Low Indicator

The High Low indicator for MT4 has two bands, black and blue. Both the bands encapsulate the lows and highs of the price. The bands can be used to trade the continuation or breakout.

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Improved RSI Signal Indicator

The Improved RSI Signal Indicator for MetaTrader 4 (MT4) is a financial market trend analyzer that detects reversal zones of an instrument. It is a technical analysis system built with the Relative Strength Index (RSI) and the Moving Average (MA) to identify trading opportunities at overbought/oversold zones.

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The Italian Job Matrix V4 Indicator

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The Italian Job Matrix V4 Indicator for MT4 is a combination of different indicators. These indicators work together to create a consensus on buy and sell. The indicator alerts you whenever there is an opportunity. You can also see the fractals in the data window.

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MA Strength Indicator




The MA Strength Indicator for MT4 is a technical tool for assessing the strength of a financial asset using momentum indicators like Moving Average, MACD, and Stochastic.
This indicator uses histogram bars to quantify market momentum as positive and negative strength.

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RSI MTF Indicator

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The RSI MTF indicator for MT4 is based on the Relative Strength Index indicator. It is, however, slightly more advanced as it allows you to view the RSI value of different timeframes on the same chart.
When conducting technical analysis, one can sometimes overlook the broader perspective. Often, we fixate on specific charts and timeframes, neglecting the larger context. The same oversight can occur when using the relative strength index (RSI) indicator.

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ADX MTF Indicator

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The ADX MTF indicator for MT4, derived from the Average Directional Index (ADX), gauges the strength of a trend in forex trading. Traders use it to assess trends across various time frames, offering a comprehensive market view.

The indicator can be used to enter both long and short trades, as illustrated below.
For a buy opportunity, identify a strong uptrend across various time frames, evident when the ADX MTF indicator displays values above 25.

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MMR Indicator

The MMR indicator for MT4 combines MACD, RSI, EMA and LWMA indicators to plot a histogram. The combinations of these 4 indicators provide trend based forex trading signals. Traders can customize the settings of MACD- Moving average convergence and divergence, RSI – relative Strength Index, EMA – Exponential moving average and LWMA – Linear weighted moving averages.


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Movment Indicator

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The Movment indicator for MT4 automatically detects the trend direction and changes the candle color. It changes the candle color to three different gradients to indicate the trend strength. So, this indicator helps forex trend traders in technical analysis and to formulate trading strategies. Additionally, traders can anticipate price reversals upon weakening trend strength and exit the buy or sell trade accordingly.

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MTF MA 4H Indicator


The MTF MA 4H indicator for MT4 plots a fast and slow moving average of a H4 time frame in the current chart. This multi time frame indicator helps forex traders in technical analysis and to formulate trading strategies based on the higher time frame. Furthermore, the entry points based on the higher time frames ensures that the trader stays in the higher trend direction.
The indicator is easy to understand and works well for new and advanced forex traders. Moreover, traders can plot the indicator on all chart time frames. Traders should note that the indicator re calculates based on the H4 price chart.

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Multi Time Frame Moving Averages Indicator

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The Multi time frame moving average indicator for MT4 plots moving averages of 30 Min, H1 and H4 in the current chart. As a result, traders can understand the price in perspective of a 10 period moving average of all three time frames. This enables the trader to understand the current trend situation and buy and sell accordingly.

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OB Volume Indicator


The OB volume indicator for MT4 plots histogram bars based on the moving average of the OBV – On Balance Volume. Volume plays an important role in price movements and indicates liquidity. This indicator helps forex traders in technical analysis using volume as the primary indicator. The inclusion of a small moving average helps smooth the indicator output values.

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Profitunity Bars Indicator



The Profitunity bars indicator for MT4 provides bullish and bearish forex trading signals based on momentum. So, forex traders using momentum for technical analysis and trading strategies will find this indicator very useful.
The indicator is simple to understand and works well in all intraday chart time frames as well as the daily, weekly and monthly price charts. Additionally, the indicator does not repaint after candle close. This indicator is useful for scalpers, intraday traders, and short and long term traders. Moreover, this indicator can be used to formulate automated trading strategies.

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Silence Indicator

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The Silence indicator for MT4 plots the market volatility and rate of change. The combinations of these two values provide a better understanding of a potential bullish or bearish price move. This enables the forex trader to apply volatility and rate of change in confluence with other technical indicators to identify a best entry point.

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Sliding Channels Indicator

The sliding channels indicator for MT4 automatically plots bullish and bearish price channels on the price chart. It helps forex traders to identify the best entry point based on the breakout or reversal of the price at the channels. Moreover, the channel lines act as best support and resistance levels.

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StepMA Stoch Indicator


The StepMA Stoch indicator for MT4 uses Moving Average and Average True Range to identify the market volatility and trend direction. Moreover, it provides potential stop loss points based on the ATR values. Forex traders can use this as a standalone indicator that shows volatility, trend direction, entry and exit trading signals.

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Support And Resistance Barry With Alerts Indicator


The Support and resistance Barry with alerts indicator for MT4 marks support and resistance lines based on the previous history. This indicator helps forex traders to identify the best support and resistance areas to enter the markets. Moreover, these lines act as best stop loss and take profit points for an open position. As a result, forex traders can use this indicator for technical analysis and trading strategies based on support and resistance levels.

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Repulse 2 Indicator

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Repulse 2 quantifies and visualizes the push that each candlestick contains as a curve. It is a supplementary indication that is not very helpful without comparison to price movement.
However, unlike an RSI, a MACD, or a Stochastic indicator, its primary usefulness is unrelated to price movement. Instead, it provides incredibly useful information about traders’ perceptions and assurance regarding the markets.

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MA Alert Indicator



The MA Alert indicator, available for free on MT4/MT5, allows you to download and use it in MetaTrader. It delivers notifications via email, mobile app, and within the platform when a moving average intersects with the price.
This indicator, or MA, appears as a line on the chart and calculates the average close price over preceding candle periods.

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