MT Terminal Indicators - Overview by Indicatorspot

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T3 ASI Indicator


The T3 ASI indicator is a product of the T3 and the Accumulative Swing Index (ASI) indicators suited for the MetaTrader 4 (MT4) trading platform. It is a user-friendly indicator and very effective in identifying trend reversal/direction of the market.
According to Welles Wilder, the developer of the ASI indicator, the indicator shows the line of the “real market price,” a concept he also referred to as the “phantom line of price.” Therefore, the ASI indicator is a tool that evaluates the strength or weakness of the market trend.

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BBR RSI Oversold Overbought Indicator


The Bollinger Bands Relative Strength Index (BBR RSI) is a custom indicator that combines Bollinger Bands and the Relative Strength Index (RSI) to help traders identify overbought and oversold conditions in the market. This indicator combines the abilities of both the RSI and the BBR to show overbought and oversold market conditions.
When the price hits the upper band of the BBR and moves in the overbought region of the RSI, the indicator shows a red arrow. If the price hits the lower band of the BBR and moves in the oversold region of the RSI, then the indicator shows a green arrow.

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BBR RSI Oversold Overbought Indicator

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The Bollinger Bands Relative Strength Index (BBR RSI) is a custom indicator that combines Bollinger Bands and the Relative Strength Index (RSI) to help traders identify overbought and oversold conditions in the market. This indicator combines the abilities of both the RSI and the BBR to show overbought and oversold market conditions.

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Velocity V2 Indicator


The Velocity V2 indicator is a MetaTrader 4 (MT4) indicator that shows the average speed at which the price of a financial trading instrument increases/decreases within a timeframe. It is worth mentioning that the momentum and velocity indicators work in a similar pattern; however, they are not the same.
The momentum/volatility indicator measures the strength/weakness of an asset, while the volume indicator monitors the speed that which an asset has moved within a time frame.

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Detrended Synthetic Price Indicator

John Ehlers was the person who first created the detrended synthetic price oscillator. There are some ways you can use this indicator. It mainly shows overbought and oversold market conditions. This version of the Detrended Indicator represents its data as a histogram at the bottom of your chart.

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Daily Range PeterE Indicator

The Daily Range PeterE indicator for MT4 is a label that precisely reveals a financial asset’s typical daily volatility. Like other such technical indicators, this indicator uses an averaging formula tailored for traders.

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Cronex Taichi Indicator

Have you had any difficulties reading the Ichimoku Cloud indicator? This Cronex Taichi indicator is the solution to your problems. It is similar to the Ichimoku Cloud indicator, except this one doesn’t have the cloud.

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Trend Lines Day Indicator

The trend lines day indicator for MT4 plots two trend lines on the price chart that act as support and resistance. This helps forex traders to identify the best trend line based support and resistance automatically and focus on the trade setup. Traders can use this indicator to enter using rejection or breakout trading strategies.

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U Turn Indicator

The U Turn indicator for MT4 scans for previous history and plots the potential price reversal points on the forex price chart. In addition, these points act as support and resistance for technical analysis and trading strategies. Since traders are able to enter in the best potential reversal points, it results in better risk reward ratio.

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Urban Towers Indicator

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The Urban Towers indicator for MT4 plots 6 moving average lines with incremental periods. These multiple lines help forex traders identify the trend direction. Moreover, they provide excellent entry points upon reversal and re entry points during a trend continuation.

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Custom Aroon Indicator


The Custom Aroon Indicator MT4 is an enhanced version of the Aroon Indicator that is specifically designed for the MetaTrader 4 platform. It works by plotting two lines on the chart – the Aroon Up and the Aroon Down – and analyzing their relationship to each other.
Technically, the Custom Aroon Indicator MT4 is a non-repaint indicator. Besides, it perfectly suits MTF forex and stock charts, allowing you to go for both scalping and intraday trading using the same platform.

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Dynamic Zone Stochastic Indicator

The Dynamic Zone Stochastic indicator is a technical analysis tool traders use to identify potential trend reversals in forex and stock markets. This indicator was developed based on the Stochastic Oscillator, which is a momentum indicator that measures the strength and speed of price movements. Besides, it combines the Stochastic Oscillator with another technical indicator, the Dynamic Zone, to provide more accurate signals for traders.

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Dyn Range Indicator

The Dyn Range is a price-level analysis indicator for MT4. It automatically determines dynamic support/resistance levels in all market sessions. Technical traders consider it a valuable tool to enhance their trading performance in financial markets like forex and stocks. By understanding how this indicator works and using it in combination with other MetaTrader tools, traders can identify potential trends and make profitable trades consistently.

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Ehlers iTrend Indicator

The Ehlers iTrend Indicator represents a short-term trend signal generator developed for MT4 platforms. It was created based on the popular Ehlers-Fisher Transform, which is a type of technical analysis that uses digital signal processing techniques to filter out market noise and accurately identify the changes in market bias.

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Fibo Fan 8 Indicator

The Fibo Fan 8 represents a super price-level analysis indicator developed for MT4 platforms. It determines potential buy-sell levels on the chart using the Fibonacci retracement technique. Apart from horizontal support-resistance levels, it also uses automatic trendlines. This feature helps you place your trades within the correct trend directions.

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Bar Numbers Indicator

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The bar numbers indicator for MT4 plots the number of bars from the current bar and also the number of bars present on the entire price chart. This indicator does not provide forex trading signals but acts effectively in trade management and pattern analysis. In addition, this indicator is very helpful for traders using Demark trading tools and Elliot wave analysis to identity the length of wave.

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CCI NMA Level Crossing Alerts Indicator


The CCI NMA level crossing alerts indicator for MT4 uses classic CCI – Commodity Channel Index and NMA – Natural Moving Averages to provide forex trading signals. Furthermore, it provides the traders with an option to use NMA or CCI to filter the signals of each other. As a result, traders can use this oscillator for quality forex trading signals.

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COGSTOCH Indicator


The COGSTOCH indicator for MT4 combines classic COG – Center of gravity and stochastic indicator to provide overbought and oversold forex trading signals. The COG indicator detects price reversals as early as possible and the stochastic provides overbought and oversold conditions. A combination of these provides better trading signals at the beginning of a new trend direction.

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FAMA MR PIP Indicator

The FAMA MR PIP indicator for MT4 is a forex trend following indicator that acts based on the rate of change of phase. The FAMA – Following Adaptive Moving Average is actually a MAMA – MESA Adaptive moving average. In fact MAMA contains a slow and fast moving average, but FAMA is the combination of both these lines and reacts quickly to price changes.

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Fractals Fine Indicator

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The Fractals fine indicator for MT4 is a modified version of the classic fractals indicator. It provides better and sensible fractals on a flat market condition where the standard fractals may not be effective. So, forex traders can effectively use the fractals to identify reversals and plot support, resistance and trend lines.

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