Metatrader4 Indicators
MT4 Indicators for Major-Forex-Pairs, Indexes and other instruments, simple to use, easy to understand and some are free of charge
Breakout-Session-Box
- spread displayed as an additional box
- verify the effectiveness of indicators
- periods adaptable to trading habits
- 5 boxes are individually adjustable
- can be used as break-out boxes
- 5 preset profiles outbreak
- 4 preset session profiles
- GMT-Shift
- take the MT4 Chart-Tool to set your own trading hours
- try it as Breakout-Session-Box Session-Breakout systems
- setups are predefined, or find your personal boxes and save it as preset
Manual - download here:
Momentum - Solo
simple „real_Momentum" Alert Indicator
- correlation-filter
- close to trend-filter
- no cross-over signal
- Keltner-Channel Filter
- ma-filter, ma-channel-filter
- MACD- | PSAR- | RSI-filter
- signal after close, no repaint
- alert / send email / push-notification
- screenshot
Advantages
- timeframes M5 to D1
- all Instruments possible
- several periods of sideways movement will be hidden
- send custom email header and content (to your Blog?)
- involve one or two other correlating Instruments as a filter
- the indicator will inform about strength in the appropriate direction
- switch to strong Momentum / higher probability in non-trend situations
- it is based on a minimum candle size and candle body in relation to the ATR
- all Filters are based on moving averages and if you like MACD, RSI, PSAR or Keltner-Channel, no complicated Oscillators
Important rule
- looking on a higher timeframe for an instrument with an obvious upcoming movement in a clear direction
Description-list for all parameters
Parabolic-Sar plus
Parabolic-Sar plus
- Trend-Filter
- MA, MA-Channel (high / low)
- alert, push-notification, arrows, send email
Advantages
- Signal after closing price
- no crossover signal
- no repaint
- best time frame: H1
- all major forex pairs
- individual e-mail header
Important rule
- instrument with an obvious upcoming movement in a clear direction on a higher timeframe only
- entry after an arrow => waiting for the pull back or wait for a second higher / lower candle, plus / minus a few pips.
- alternative entry: the last point of the Parabolic-SAR
- exit example => major fibonacci and dynamic support / resistance lines, use the same to move your stop and for taking first profits.
- if the trade still runs, ignore further arrows, when trendfilter is active
- SL below / above the second higher / lower candle.
What are the new 3 MAs for?
if you like to follow 1 or 2 upper timeframes,
- multiplicate the favorite trend MA, e.g. you trade H1 with a 20 MA trend-filter
- and watch the H4 with a 20 MA trend-filter, which means 4 x 20 = set 80 MA for the 1. upper MA
- and watch the D1 with a 20 MA trend-filter, which means 24 x 20 = set 480 MA for the 2. upper MA
- for the 3. upper MA - whatever you like or take the last value if follow just 2 upper MAs
- If you believe in the upper direction, you better should:-)
Reversal-Indicator
- If it would be just a classic candlestick pattern, it would generate much more false signals. The most important filter is the candle itself. The strengths of the candle is adjustable! All important ratios of the candle are adjustable, the wicks will be ignored. The ratio-calculation for the candle is based on the ATR-value (default is 20, it's also adjustable). The confirmation-candle needs to run at least a value of X% of ATR20-value (ATR20-value from current timeframe) If you like to set a trend filter (ma, pivot, kijun-sen), choose the value and the direction => with the trend or against the trend => signals in both directions are possible. When the confirmation-candle reaches its value, it won't disappear (no repaint).
- Features: Features: alert, send email, push notification, screenshot, 2 alert-sessions (from - to), test-modus (use a second ind. and set test_mode true, it will move the arrows and change the colors => perfekt to compare different settings).
Manual - download here:
Reversal-Trend-Indicator
- It is basicly the same as the Reversal indicator
- but with fix settings, no additional settings necessary
- works on: Major Forex-pairs / M15 and higher timeframes
- works on: Major Forex-pairs / M15 and higher timeframes
- arrows appear after Reversal-Pattern and when the confirmation-candle reaches its value, it won't disappear, no repaint.
- The Value to move = 20% of ATR20 from current timeframe;
- nevertheless there is always a risk, the pattern is just a chance of a reverse, only a chance, please do not forget this,at least watch the upper timeframes, the last 10 arrows of replicability and calculate your risk carefully;
Price-Infos | Heatmap
- please open in separate chart-window, all settings of the chart-window will be changed and won't be reset when the indicator is removed from the chart-window;
- all areas are switchable
- Volatility of the last 5 days in relation to the ATR20, calculation is based onD1
- Volatility of the current day
- trend-movement of all time-frames M1 to MN, trend-base is 12 sma
- ATR 40 - value of the current chart (popular for example for SL / TP)
- ATR 4 - Current chart value (popular for e.g., SL / TP)
- current spread in pips in relation to the daily ATR20 in percent
- Time-Frame-Trend-View
- current shortswap / longswap
- Account Balance Equity Profit in Account-Currency
- Max. Position size in XX pips SL and 5% risk calculation on account equity
current period - countdown - the current swap of all major currency pairs shortswap / longswap
- Trend-Heat-Map Local- Broker- and UTC/GMT-Time
- Trend-Heat-Map can be sent by email with two different contents
- Trend-Heatmap of major currency pairs
- get yourself an overview of financial details to your Currency-pairs, see the pressure against and between different currencies, get an estimate of possible earnings from an average of previous days
MT4 Price-Infos - download here:
Gap-Indicator
Vers. 21.1
- closure or not, here you can quickly get an overview of an instrument, how reliable the gap might be
- reference of the gap is the ATR
- all details can be set individually
MT4 Gap-Indikator - download here:
Tools from other programmers,
... very useful tools, that I use every day
affiliate link
Linker charts master Version 4.0 - 2017.09.15
- it is a wonderful tool, that I use every day
- copies objects and symbols in all open charts
affiliate link
Risk Warning: Trading financial products, leveraged or unleveraged, is risky. You can lose all your capital very quickly. Information on these websites are not intended as a recommendation for the purchase or sale of financial products.
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