MT Terminal Indicators - Overview by Indicatorspot

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Din Fibo High Indicator


The Din Fibo High indicator for MT4 plots channel based on the Dinapoli and Fibonacci levels. As a result, the indicator plots best possible channel on the forex chart. The slope of the channel indicates the trend direction and the lower and upper channel lines act as best support and resistance levels.
The indicator is a simple channel and works well for new and advanced forex traders. Furthermore, it works well in all chart time frames. Moreover, the channel trading rules are simple and effective for automated trading strategies.

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Candle Closing Time Remaining Lcctrp Indicator

The Candle Closing Time Remaining Lcctrp indicator for MT4 is an essential tool for scalpers and technical traders in the forex market. It can provide valuable assistance in their trading endeavors. This simple yet effective indicator displays the time remaining for the current candle to close, offering traders a clear sense of the market’s dynamics. While it does not directly generate trading signals, it plays a crucial role in guiding traders’ decisions.

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F-Plagiat Indicator

The F-Plagiat indicator for MT4 is a moving average based modified to remove the lag and to provide responsive forex trading signals. Traders should note that this indicator was coded by Alan Hull the creator of HMA – Hull moving average. Alan Hull coded was looking for ways to remove the lag associated with moving averages; this indicator is one among them.

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Heiken Ashi Candle Count Alert AHTF Indicator

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The Heiken Ashi candle count alert AHTF indicator for MT4 plots the Heiken Ashi candles of any higher time frame on the current chart. So, forex traders can trade in the trend direction of the higher time frames. This improves the possibility of staying in the trend direction and improves the win ratio of forex traders.
The Heiken Ashi candles are simple to follow and work well with new and advanced forex traders. Moreover, these candles work well in all chart time frames and help identify trend direction. Furthermore, forex traders can use this indicator for auto trading strategies.

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Hull Parabolic 2 Extraordinaire Indicator


The Hull Parabolic 2 extraordinaire indicator for MT4 provides forex trading signals based on the Hull Moving average and the Parabolic SAR points. As a result, the indicator provides trend based trading signals.
The indicator is useful for new and advanced forex traders and works on all intraday price charts as well as the daily, weekly and monthly price charts. However, the trading signals are based on trend following and works well in time frames higher than M30.

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Ichimoku Line Alert V3 Indicator

The Ichimoku line alert V3 indicator for MT4 provides alerts based on the crossover of the indicator lines and price. It provides alerts when the Tenkan crosses the Kijun, Kijun crosses the price or on both instances. As a result, forex traders using Ichimoku for technical analysis and trading strategies can enter the markets using the alerts.

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Kairi 1.01 AHTF Indicator

The Kairi 1.01 AHTF indicator for MT4 plots the moving average oscillator based on price data of any time frame on the current chart. Most forex traders use higher time frames to identify trend direction. However, this indicator plots the moving average oscillator based on the first, second or third higher time frame. As a result, traders can stay in the direction of higher price trend easily.

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MA Channels Indicator

The MA channels indicator for MT4 plots Fibo channels above and below the 100 period moving average line. The channels are placed at 23.5, 38.2, 50 and 61.8% of the 100 moving average line. Generally, a 100 moving average line is suitable for short term trading. Since, the indicator combines the moving average and Fibonacci numbers the indicator provides reliable forex trading signals.

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MACD Above Below Bars Indicator

The MACD above below bars indicator for MT4 changes the candle color based on the MACD bullish and bearish signals. The indicator identifies the bullish and bearish forex trading signals based on the MACD zero line crossover. This helps forex trend traders to trade effectively using the MACD indicator.

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MTF Envelopes Indicator

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The MTF envelopes indicator for MT4 plots a channel based on any time frame on the current price chart. This helps traders to use multi time frames (mtf) trading strategies using the classic envelopes indicator. There are many profitable trading strategies based on envelopes, however this indicator helps traders for trend following.
The indicator is suitable for new and advanced forex traders and works well in all intraday price charts and the higher time frame charts. However, the indicator derives the price data from any time frames as chosen in the input settings.

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Price Info Indicator

The price info indicator for MT4 displays some essential details of the currency pair. It shows the current price, spread, pips to open, Hi to Low and Daily average. The indicator does not provide buy or sell forex trading signals. However, it provides additional information to assist the forex trader in decision making.

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Relative Strength Levy Indicator


The Relative strength levy Indicator for MetaTrader 4 (MT4), a powerful indicator that can assist traders in spotting trends and making informed trading decisions. The indicator plots a moving average oscillator to provide bullish and bearish forex trading signals. At its core, the Indicator is designed to help traders stay aligned with the prevailing price trend.
The indicator is easy to identify and trade similar to an RSI and is suitable for new and advanced forex traders. Moreover, the Indicator is compatible with various intraday price charts and higher, making it a versatile choice for a wide range of trading styles.

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Stochastic Divergence MTF Alerts NMC-2 Indicator


The Stochastic divergence MTF alerts NMC – 2 indicator for MT4 automatically scans for divergence between price and the classic stochastic indicator. Furthermore, it provides up and down arrow trading signals and various alerts to the forex traders. It provides classical and hidden divergences and plots trend line on both price chart and on corresponding indicator.
New forex traders should have a previous understanding or classical and hidden divergence trading knowledge. The indicator works well in all intraday price charts and long term charts.

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Vidya Zone 2 Indicator


The Vidya zone 2 indicator for MT4 uses the Chande momentum oscillator (CMO) to provide a support and resistance zone. Furthermore, it plots a trend line for identifying the current trend direction. As a result, forex traders get quality buy and sell trading signals upon the breakout of these support or resistance zones.
The indicator works well in all intraday price charts as well as the daily, weekly and monthly price charts. It’s easy to identify and follow for both new and advanced forex traders. Additionally, traders can use the indicator to plot automated trading strategies.

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Wmmm Gaussian MACD Indicator


The Wmmm Gaussian MACD indicator for MT4 is more responsive and reacts quicker to changes in market trend. Since MACD combines moving averages, there is an element of lag in the MACD. However, the Gaussian version eliminates this and helps forex traders with quality forex trading signals.
The indicator is simple and easy for new and advanced forex traders. Moreover, it works well in all intraday price charts and is suitable for scalpers, short and long-term traders.

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123 Shark Indicator

The 123 shark indicator for MT4 automatically scans and plots the shark candlestick pattern on the price chart. The shark pattern consists of three candlesticks that resemble a shark. Furthermore, the indicator provides buy and sell forex trading signals based on the pattern.

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Dynamic Momentum Oscillator Stochastic Indicator

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The Dynamic momentum oscillator stochastic indicator for MT4 adds momentum to the classic stochastic oscillator. As a result, forex traders can get the overbought and oversold trading signals of the stochastic indicator. Moreover, this indicator reacts quickly to price changes and momentum.

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Zero Lag Smoothed Cycle 02 Indicator


The Zero Lag smoothed cycle 02 indicator for MT4 plots an indicator window with 2 lines. The main purpose of the indicator is to identify the trend direction without lag. As a result, the indicator provides quality forex trading signals that are additionally filtered by linear regression.
The indicator works well in all intraday price charts, however since the indicator is smoothed it follows the market very closely. So, new forex traders should consider understanding the indicator before moving to LIVE trading conditions.

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Entropy Math Indicator

The Entropy math indicator for MT4 identifies patterns even in a random market condition with entropy. In simple terms though the market has numerous possible price movement combinations, there exists a pattern. The indicator plots an oscillator which identifies the presence of a pattern and provides buy and sell forex trading signals. It works well for scalpers and works best on intraday price charts.

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NRTR Gator Indicator


The NRTR Gator indicator for MT4 plots the trading signals based on the Nick Rypock Trailing Reverse to detect potential trading reversals. It plots reversal trading signals with potential profit targets. The indicator changes the candlestick color for reference; however the trading signals are based on the Gator calculation and add candle color as a filter.
The indicator entry and exit trading signals are easy to interpret and works well with new and advanced forex traders. Additionally, it works well on all intraday price charts with smaller profit targets. On the other hand, higher charts provide a reasonable profit target.

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