MT Terminal Indicators - Overview by Indicatorspot

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Multy8 Indicator


The Multy8 indicator for MT4 calculates and plots the index line of 8 symbols on a single indicator window. It displays the index values of Gold, Dollar Index, Crude oil, AUDUSD, GBPUSD, USDJPY, USDCHF, and USDCAD. So, forex traders can understand the trend direction of all these instruments at a glance. All these instruments reflect the bullish or bearish nature of US Dollar and help traders to define trading strategies accordingly.
The indicator is easy to understand, but new forex traders should familiarize themselves with the idea of currency strength based trading. Additionally, this indicator derives its value from the daily chart and works on all time frames.

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MTF MA RSI Indicator

The MTF MA RSI indicator for MT4 plots the classic RSI indicator and a moving average of it. Moreover, it calculates the values of RSI and MA of H4, H1, M30, M15, M5 and M1 and displays in a single window. As a result, forex traders can visually understand the trend direction of all these chart time frames at a glance. This enables the traders to trade effectively using the market information across the time frames.

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MAMy Indicator


The MAMy indicator for MT4 calculates three different moving averages using the open price, close price and weighted average. Additionally, it calculates the same for past n period and the current period and smoothes them to provide an oscillator. The resultant oscillator displays best support and resistance. As a result, it helps forex traders identify the market support and resistance based on the oscillator.

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MTF Inside Bar Indicator


The MTF inside bar indicator for MT4 plots the inside bar of the next 3rd highest time frame on the current chart. As a result, forex traders can understand and identify trend direction and price movement of the 3rd higher time frame and buy and sell accordingly. Since this multi time frame forex strategy provides a stable trend direction it works well with trending currency pairs.

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VQ Bars Indicator



The VQ Bars Forex Indicator is a well-known and free MetaTrader 4 (MT4) indicator that traders of all skill levels can use. This indicator displays the price action of a currency pair in the shape of bars, making it easier for traders to grasp the market.
The indicator is based on the currency pair’s volume and price, and you can use it to identify buying and selling opportunities. It is most effective when used with other indicators and technical analysis tools.

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Bears Bulls Impuls Indicator


The Bears Bulls Impuls Indicator for MT4 is a momentum oscillator for assessing the strength between the activities of the bears and bulls in the financial market. Bulls are the buyers, while bears are the sellers in the market.
So, the indicator measures the strength of the current bullish momentum by evaluating the difference between the highest price and the value of the moving average. Similarly, the prevailing bearish momentum is measured by comparing the difference between the lowest price and the value of the moving average.

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Amplitude Short Indicator


The Amplitude Short indicator is a MetaTrader 4 (MT4) technical analysis tool that detects market trend direction/reversal zones by measuring the strength of price movements.
It measures the difference between an instrument’s highest and lowest price within a specified trading period. This difference can be explored in assessing the market to determine periods of high or low volatility.

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Awesome Oscillator MTF Indicator



The Awesome Oscillator MTF indicator for MT4 is a more optimized version of the regular Awesome Oscillator indicator developed by trader Bill Williams for analyzing momentum in the market.
This version of the indicator displays the Awesome Oscillator from multiple timeframes on a single chart. It provides traders with better insight into the market momentum across different timeframes for better decisions.

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All in One Grab Indicator

The All in One Grab indicator for MT4 was developed by combining several technical indicators into one tool to provide Forex traders with more insight into different market conditions. It is designed to help traders view important levels in the market at a glance for objective technical analysis and potential trading opportunities.

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Advanced DC Indicator

Attached Image (click to enlarge)

The Advanced DC (Donchian Channel) Indicator for MT4 is a trend analysis tool designed to detect the most probable direction of an instrument in the financial markets. It was developed based on one of Richard Donchain’s trend-following trading strategies.

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4 Time Frame OBV 2 Indicator


The 4 Time Frame OBV 2 volume indicator for MT4 plots the trend of the current, first higher, second higher and third higher chart in the current indicator window. As a result, forex traders can identify the trend direction of all the above charts at a glance. Moreover, traders can buy or sell only if the trend direction of all chart time frames aligns.

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Adaptive Intraday Breakout Alerts Indicator

The Adaptive intraday breakout alerts indicator for MT4 provides buy and sell forex trading signals based on the price breakout using moving averages. Traders can apply 18 different types of average calculations in the input settings. As a result, the indicator is highly customizable and suitable for all types of forex traders.
The indicator is easy to use and effective for new and advanced forex traders. Moreover, it works on all chart time frames and is suitable for all types of forex traders. Furthermore, traders can effectively integrate this indicator into automated trading strategies.

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Bands Fibo True Indicator


The Bands Fibo true indicator for MT4 plots the Bollinger bands using Fibo levels instead of standard deviation. It uses 1.618, 2.618 and the 4.236 Fibo ratios to automatically calculate and plot the bands at these levels. As a result, forex traders enter the markets based on the combination of these indicators for profitable trading results.

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Bollinger Band Bars Indicator



The Bollinger band bars indicator for MT4 plots a mini price chart with Bollinger bands in a separate indicator window. So, forex traders can use the main chart to plot other technical indicators and trade with confluence of the Bollinger bands indicator.
New forex traders should understand the Bollinger bands trading rules before using this indicator. Furthermore, the indicator works well with all intraday chart time frames and suitable for all types of forex traders. Moreover, Bollinger bands are an integral part of many available automated forex trading strategies.

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Breakout Panca Eagle Indicator


The Breakout panca eagle indicator for MT4 plots a breakout range based on the daily high and low from 0.00 to 5.30 hours. Forex traders anticipate that the price breakout direction from this high and low will continue for the rest of day. However, traders keep an eye on price reversals and consider breach of high and low of this box as a trading opportunity.
The indicator is simple and easy to trade for new and advanced forex traders. Though the indicator derives the high and low value between the specified times, it works on all chart time frames. Furthermore, the indicator is suitable for intraday trading and may not be applicable for long term trading.

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COG MACD Indicator

The COG MACD indicator for MT4 replaces the classic MACD Zero line with COG indicator line. The combination of the MACD – moving average convergence and divergence and COG – center of gravity acts as additional conformation of the trend direction. So, MACD based trend traders get quality forex trading signals from this indicator.

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Daily Trend Zcomfx Indicator


The daily trend Zcomfx indicator for MT4 identifies the trend direction using multiple technical indicators and provides arrow buy and sell trading signals. It uses the EMA – Exponential moving averages, stochastic indicator and AO – Awesome Oscillator for trend identification. As a result, forex traders get quality forex trading signals in combination of the above indicators.
The indicator works well in all intraday price charts and is suitable for intraday and short term forex trading. Moreover, it is easy to follow and helps new and advanced forex traders to trade profitably.

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Bull Bear Eyes Indicator


The Bull Bear Eyes Indicator is a MetaTrader 4 (MT4) indicator that displays the market trend direction based on bullish or bearish sentiments. It evaluates buyers’ and sellers’ strengths in the market to determine which side can push the price up or down.
The indicator oscillates above and below the 0.5 (the centerline) zone on a separate window below the chart, depicting bull and bear power. If the oscillator moves above the 0.5 zone, it implies that bulls (buyers) are more active in the market, and the price may rise.

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Butterfly Indicator


The Butterfly indicator for MT4 is a custom indicator for Forex trading that identifies trend reversal using harmonic patterns like the Butterfly. The butterfly pattern is one of the technical analysis patterns used in the financial markets to spot high-probability trend reversal setups.

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Clives Histogram CCI Indicator


The Clives Histogram CCI (Commodity Channel Index) indicator for MT4 is a custom indicator for trend analysis that displays the CCI value as histogram bars. It oscillates above and below the zero line known as positive and negative zones, measuring the difference between the CCI and the moving average. The histogram value above the zero line indicates a positive zone, while the histogram below is in a negative zone.

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