MT Terminal Indicators - Overview by Indicatorspot

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BW2 Wise Man Indicator



The BW2 Wise Man Indicator for MT4 is a Forex trading tool designed to display trade entry signals using Bill Williams’ chaos theory. The indicator is a combination of other technical indicators like the Alligator, Awesome Oscillator, and Fractals.
The Alligator works with divergent bars on the chart, the Awesome Oscillator works with the momentum in the market, and the fractal looks for price breakouts. These all work in synergy under a set of rules to identify and display trade entry signals.

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Extrapolator Indicator



The Extrapolator MT4 indicator is a financial markets trend analyzer that projects the potential future direction of price movement. It projects future trend direction using mathematical algorithms that analyze the current price structure to generate the most likely future trend direction.
The indicator’s algorithms use a model known as the extrapolation of the Fourier series, where the current trend pattern is extended into the future to anticipate potential future price movement in that direction.

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Cumulative Momentum Histo (MTF + alert + arrow) Indicator


The Cumulative Momentum Histo (MTF + alert + arrow) MT4 Indicator identifies the strength of the trend and potential reversal zones in the market. It combines data on the price and volume of an instrument over a specific period to determine the cumulative momentum in the market.
The cumulative momentum can be used to ascertain the strengths and weaknesses of an instrument in the financial markets. Traders can use the information to look for trading opportunities in the direction of the trend with a stronger momentum.

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Heatmap Indicator


The MT4 heatmap indicator helps forex traders recognize and compare the performance of currency pairs. It’s a valuable tool for identifying currency pairs in the strongest trends, whether bullish or bearish. This straightforward indicator benefits both new and experienced traders.

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Institutional Levels Indicator

All financial institutions and market makers take trades strategically in the forex market. These entities place the largest volume or lot size, significantly impacting the forex market’s price movement. Traders who want to trade with these significant players in the market keep an eye out for their entry levels. You can use the Institutional Levels Indicator to monitor these levels. These levels can be all-time highs or lows, rounded values, or locations where prices frequently stall.

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Market Crash Alert Indicator


The market crash alert indicator for MT4 shows when the market suddenly makes a strong move up or down. The indicator does this by monitoring candle sizes. Therefore, it measures volatility.
It helps traders identify the start of solid trends that provide excellent trading opportunities. Moreover, the indicator sends an alert when the market makes a big push. Therefore, traders do have to constantly monitor their screens for trading opportunities.

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DM Indicator


The DM indicator for MT4 provides up and down arrow based forex trading signal. It identifies the trend direction using the high, low and closing prices of the currency pair. This simple indicator is powerful and provides profitable trend trading signals.
The indicator is arrow based and works well on all intraday price charts as well as the daily, weekly and monthly charts. So, it is useful for traders across the spectrum: scalper, intraday forex traders, short and long-term traders. Additionally, traders can incorporate the arrow trading signals in automated trading strategies and technical analysis.

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Dual Time Frame MACD Indicator


The Dual time frame MACD indicator for MT4 plots MACD lines of the current chart time frame and the next higher one. It plots both of them in the same indicator window. As a result, forex traders can identify the MACD trend direction of both at a glance and buy or sell accordingly.
The indicator works well in all chart time frames, however it is important to note that higher time frames tend to provide better trading results. Additionally, the indicator is suitable for auto trading strategies.

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Execute Line Indicator


The execute line indicator for MT4 identifies the trend direction based on the moving average slope. According to this strategy the moving average slope change provides early trend reversal trading signals. As a result, these early forex trading signals tend to be more profitable.
The indicator is easy to understand and suitable for new and advanced forex traders. Moreover, it works well in all intraday price charts and the daily, weekly and monthly charts. So, it is suitable for all types of traders like scalpers, intraday traders, short and long-term traders. Additionally, moving average slopes can be integrated easily into auto trading strategies.

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F Channel Indicator

Attached Image (click to enlarge)

The F channel indicator for MT4 plots a fractal based channel on the price chart. This acts as support and resistance and shows the trend direction. Additionally, the breakout of the upper or the lower trend line provides breakout forex trading signals.
The indicator draws a simple channel and is suitable for new and advanced forex traders. Additionally, it works on all chart time frames and is suitable for scalping, intraday trading, short and long-term forex trading. Furthermore, traders can use this indicator for auto trading strategies.

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Fibo Channels Indicator


The Fibo channels indicator for MT4 automatically calculates the Fibonacci levels of the given chart. It plots a Fibo channel with levels of 0, 23.6, 38.2,50, 61.8 and 100. So, forex traders can use this Fibo channel levels as support and resistance and enter the market accordingly. In effect traders get quality Fibo channel based forex trading signals using this indicator.

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Four MAs Trend Indicator



The Four MAs trend indicator for MT4 primarily identifies the trending and non trending market condition. Furthermore, it indicates the bullish and bearish forex price trend. As a result, it helps forex traders to stay on sidelines during non trending market and avoid loses.
The indicator is a simple colored histogram bar and is easy for new and advanced forex traders. Moreover, it works on all chart time frames and is suitable for intraday trading, scalping and long term trading. Additionally, traders can use this indicator to filter trading during non trending markets in an auto trading strategy.

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Golden Lion Trend V3 Indicator


The Golden lion trend v3 indicator for MT4 is a forex trend indicator that changes candlestick color based on the trend direction and strength. As a result, forex traders can enter the markets and plan trading strategy according to the trend strength. Furthermore, the candlestick color change acts as the entry signals.

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HL Crossing For WPR Indicator



The HL crossing for WPR indicator for MT4 combines the classic WPR – William’s percentage range with moving averages and the break out of high and low. The high and low breakout acts as additional confirmation of the WPR trading signal. As a result, forex traders get quality buy and sell trading signals using this indicator.
The indicator works well with all intraday price charts as well as the daily, weekly and monthly charts. So, it is useful for short and long term forex traders. Moreover, traders can use this to formulate auto trading strategies. Additionally, it is easy to follow and works well with new and advanced forex traders.

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Lines HiLo Yesterday Indicator

The lines HiLo yesterday indicator for MT4 plots two lines on the previous day’s high and low. Generally, previous day’s high and low prices act as support and resistance. This enables forex traders to understand the price range and to enter the markets based on breakout trading strategy.

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Kay Dual Time Frame Stochastic Indicator


The Kay dual time frame stochastic indicator for MT4 plots the stochastic values of the current chart time frame and the next higher one. As a result, this indicator provides forex traders stochastic based multi time frame trading strategies. Furthermore, this indicator plots a histogram showing the bullish and bearish market bias which provides trading signals. Though the application of stochastic is widely used the idea of visualizing two stochastic in a single window makes trading easier.

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I Gentor LSMA EMA Indicator

The I Gentor LSMA EMA indicator for MT4 provides forex trading signals based on two moving averages. The indicator plots the fast LSMA – Linear squares moving average and the slow EMA – exponential moving average to provide the trend direction. As a result, forex traders can enter the markets if both fast and slow moving averages are in confluence.

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Auto Pivot Mod Indicator

The Auto Pivot mod indicator for MT4 automatically calculates and plots the Pivot points and the three support and resistance lines. These support and resistance lines effectively help forex traders identify the potential price reversal points. Moreover, it eliminates the subjectivity in drawing the support and resistance lines.

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Blau Ergodic Jurik TSI & Alerts Indicator

The Blau Ergodic Jurik TSI & alerts indicator for MT4 identifies forex trend direction using the Jurik moving averages. Since the Jurik moving average has the lowest lag, it helps forex traders with early and responsive forex trading signals. Moreover, the indicator provides different types of trading signals and alerts to suit aggressive traders and trend traders.

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Falcon Zone MTF Indicator

The Falcon Zone MTF indicator for MT4 plots support and resistance zones automatically. Additionally, it provides arrow based buy and sell forex trading signals with alerts. Furthermore, traders can use this MTF indicator to plot higher time frame support and resistance zones on current chart. As a result, forex traders can identify bullish and bearish reversals and trade accordingly.

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