MT4 Indicators

MetaTrader 4 (MT4) indicators are essential tools for technical analysis within the MetaTrader 4 trading platform; MQL4 source codes available

Range Forecast H1 – indicator MetaTrader 4

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Range Forecast H1 - indicator for MetaTrader 4
The indicator displays the actual range of the hourly candle in percent and the calculated range based on average statistics. Indicator parameters:Averaging Period – averaging period for calculating the relative range indicator.Number Of Bars For Statistics – number of bars in history for collecting average statistics data for a trading instrument.Shifting Start Of Statistics Calculation … Read more

Trend Strength Index – indicator MetaTrader 4

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Trend Strength Index - indicator for MetaTrader 4
The Trend Strength Index indicator measures strength of current trend. Basically it is similiar to a simplified auto regression indicator, because Correlation function calculates the Pearson correlation coefficient between two sets of data: the closing prices and the bar indices over a specified length. This coefficient ranges from -1 to 1, indicating the strength and direction … Read more

RSI with channels – indicator MetaTrader 4

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RSI with channels - indicator for MetaTrader 4
This indicator promote new way of analyses signals from standard indicator named RSI. Main feature of RSI is level crossing signals. Usually 30 and 70. But it’s bad relative to real market state. That’s why i added dynamic levels for this indicator. By this way, signals efficiency become more powerful RSI with channels – indicator … Read more

Resize chart window from indicator (for Short Trend Reversal) – indicator MetaTrader 4

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You can simply add function void OnChartEvent(…) to your indicator the screens are from EA and its GUI, indicator only changes window size before compilation you need uncomment few lines //external dll prohibited 🙁 Resize chart window from indicator (for Short Trend Reversal) – indicator MetaTrader 4

Symbol Spread Equity Profit Banner V1.mq4 – indicator MetaTrader 4

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Symbol Spread Equity Profit Banner V1.mq4 - indicator for MetaTrader 4
//|A very simple Indicator banner showing Symbol Spread Equity Profit //|I use it every day in full chart mode so I don’t have to open the terminal panel to check equity, //|and to see optimal spread to entry symbol trade. I consider it useful enough to share it with you.  #property copyright     “Copyright 2024, … Read more