MT Terminal Indicators - Overview by Indicatorspot

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Round Price Ext Trading Indicator


The Round price ext trading indicator for MT4 plots seven T3 lines on the given currency pair chart. The indicator follows the market very closely as it uses the T3 method. Additionally, a smoothing period helps forex traders to adjust the indicator performance from short to long term trading strategies.

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RCF MA Indicator


The RCF MA indicator for MT4 removes the lag associated with regular moving averages and provides the results as a histogram. The indicator is similar to the classic MACD forex trading indicator, but the underlying calculations differ. However, forex traders can trade this using similar trading strategy.

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QQE With Alerts Indicator

The QQE with alerts indicator for MT4 helps forex traders to identify the oversold and overbought market conditions. Moreover, it provides additional confirmation of these signals using the mid 50 level. As a result, forex traders can get more accurate oversold, overbought and reversal trend trading signals.

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Price Movement Degrees Indicator

The Price movement degrees indicator for MT4 calculates the angle of price movement on a current price chart. Furthermore, it provides trend changes and provides buy and sell forex trading alerts. Forex traders can identify the price trend and trend strength based on the angle of inclination of the price and devise trading strategies accordingly.

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Post Zigzag Indicator


The Post ZigZag indicator for MT4 plots the previous highs and lows in a zigzag wave. ZigZag waves recalculate if the price makes new higher highs in an uptrend or lower low could turn into a trading opportunity. As a result, ZigZag traders will get multiple trading opportunities and early entry signals in an upcoming wave.

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Stone Axe X4X Indicator


The Stone Axe X4X indicators for MT4 compares the close, high and low price of three previous N periods to the current market values. It provides buy and sell forex trading signals based on these calculations. As a result, traders will be able to understand the trend direction and potential early trend reversal trading signals.

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Show n Ticks Indicator


The Show n ticks indicator for MT4 is a simple price based forex trading buy and sell signal provider. It generates the trading signals based on the minimum price movement in ticks as mentioned in the user input. This indicator does not take the duration to form the n number of ticks, but plots up or down forex arrow trading signals once the number of ticks has formed.

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SH Bears N Bulls V Free Indicator

The SH Bears n bulls v free indicator for MT4 plots a histogram depicting the buyers and sellers in any given chart time frame. This helps forex traders to join the bulls or bears in the market. And formulate buy and sell trading strategies accordingly. Since, this indicator provides a clear understanding of buyers and sellers visually, it is very effective to forex traders to buy or sell.


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RBCI Histogram Indicator

The RBCI histogram indicator for MT4 shows the buying and selling pressure and provides forex trend trading signals. RBCI – Relative Breadth Cycle Indicator shows the trend direction, early warning of trend direction change and trend strength. As a result, forex traders can derive precise entry points and have a clear understanding of the current trend.

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Panprizma Leverage Indicator

The PanPrizMA leverage indicator for MT4 uses advanced mathematics to calculate and plot moving averages. It uses sine wave theory and plots polynomial curve to identify current forex price trend and anticipate potential trend changes. As a result, this mathematics based indicator helps forex traders to eliminate trader discretion and improve trading results.

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Quasi Volume Bars Indicator

The Quasi volume bars indicator for MT4 plots the bars with almost equal volume within a given chart time period. As a result, forex traders can identify any difference in volume pattern in this time period. The resulting volumes reflect the domination of buyers or sellers in the market and helps traders to buy or sell accordingly.
The indicator is suitable for volume based forex traders, so new forex traders should familiarize themselves with volume based strategies. However, advanced forex traders can use this indicator to formulate complex trading strategies. Furthermore, this indicator works best in M1, M5 and M15 chart time frames. So, it is best suitable for scalpers and intraday forex traders.

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Accelerator Oscillator MTF Arrows Indicator



The Accelerator Oscillator MTF Arrows Indicator for MT4 is a modified version of the traditional Accelerator Oscillator indicator developed by Bill Williams. This version helps traders to identify changes in the momentum and potential reversal in the market across multiple timeframes.
The indicator is used to spot short and long-term trading opportunities in the market. It displays arrows that represent potential buy or sell entry zones when the momentum of the market changes.

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I Pip Tom Demark Pivot Indicator

The I Pip Tom Demark Pivot Forex Indicator is a popular and helpful MT4 indicator. It plots pivot levels on the chart and alerts you when the price hits a specified level. This indicator is suitable for all periods and an excellent tool for novice and expert traders.

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Kill Zones Indicator


The Forex Kill Zones Indicator is an intelligent financial tool designed to reveal ICT Kill Zones, specialized periods in the market. Specifically made for the MT4 platform, this indicator offers visual signals during key trading periods, enabling traders to improve their understanding of price movements. It helps recognize potential trade opportunities within the Inner Circle Trader (ICT) framework.

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Lukas Arrows and Curves MTF Indicator


The Lukas Arrows and Curves MTF Indicator is a valuable and widely embraced forex tool within the MT4 trading platform. It is readily available for free download and usage, making it a favored option for traders across all skill levels.
The Lukas Arrows and Curves Indicator assists traders in recognizing market trends and capitalizing on them. This indicator displays a combination of arrows and curves to signal the emergence or reversal of a trend. Additionally, it provides traders with insights into the current trend’s strength.

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3rd Candle Indicator


3rd Candle is a trading strategy in the Forex industry where three specific candlestick patterns are used to identify potential trend reversals. It is a short-term reversal trade setup based on a specific sequence of candlestick patterns on the chart followed by a confirmation candle.
Typically, the first two candlesticks establish a trend, which could be bullish or bearish, while the third candlestick confirms a trend reversal. The strategy is one of traders’ best scalping strategies in the Forex market to catch short-term price reversals.

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Murrey Math MT VG Indicator


The Murrey Math MT VG indicator for MT4 performs automatic calculations and indicates support and resistance lines. Additionally, it designates and displays various lines, including central pivot reversal lines, overshoot lines, highly overbought and oversold lines, and weaker stall and reversal lines. Among these, the most critical are the ultimate support, resistance, and pivotal entry lines. Furthermore, this indicator charts the upper and lower boundaries of the trading range. Consequently, forex traders can make well-informed decisions about the optimal Buy and Sell entry and exit points by confirming these lines through price action analysis.

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4 Level ZZ Semafor Alert Indicator


The 4 Level ZZ Semafor Alert Indicator for MT4 is a Forex indicator for identifying trend reversals and continuations. It uses a zigzag pattern to display different levels of semafor points, which are pivot zones for a potential trend reversal.
Each Level of the semafor represents a significant high or low of the price, which can be used to identify a trend continuation pattern. On the other hand, the fourth level of the semafor (marked in a red cycle) represents a strong reversal zone for traders to look for buying or selling opportunities.

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NB Channel Indicator


The NB Channel Indicator for MT4 is a fractal-based channel indicator. On the chart, the indicator draws three lines: a top line, a bottom line, and a center line. The top line represents the highest fractal in the last number of bars, while the bottom line represents the lowest in the last number of bars. The middle line connects the top and bottom lines.

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One More Average RSI Bands MTF Alerts 2 3 Indicator



The One more average RSI bands mtf alerts 2 3 indicator for MT4 plots a moving average band on the classic RSI indicator line. The crossover of the MA band and the RSI provide forex trading signals along with the classic overbought and oversold alerts.
The indicator is simple and suitable for new and advanced forex traders. Additionally, this multi time frame indicator helps much in auto trading strategies.

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