Best FREE MetaTrader 4 (MT4) - MetaTrader 5 (MT5) Indicators Download -


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Tuesday, 24 October 2017

Best FREE MetaTrader 4 (MT4) - MetaTrader 5 (MT5) Indicators Download

Free MT4 Indicators, Oscillators & Trading Systems for Forex, CFD & Binary Options: MACD, RSI, Bands, Moving Averages, Stochastic, Fibonacci, Ichimoku, CCI, ...All Best Indicators.

MetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.

Free MT4 Download - Trade on MT4 for Windows, iPhone, iPad and Android Devices DOWNLOAD

This section contains thousands of applications that analyze financial markets using different algorithms. Conventionally, they can be divided into a few categories: trend indicators, oscillators, volume indicators and so on. In addition, there are sets of indicators based on algorithms by famous financiers. For example, Bill Williams' indicators and likes of it. All of them are characterized by different parameters of reliability, efficiency, lagging and others. There are more than 2000 indicators for technical analysis: trend indicators, reversal indicators, indicators of levels, predictors, scalping indicators and many others.

Best MetaTrader 4 (MT4) - MetaTrader 5 (MT5) Indicators Download 

PivotCustomTime - indicator for MetaTrader 4-5

PivotCustomTime Indicator.

ZigZag - indicator for MetaTrader 4 - 5

ZigZag Indicator tracks and connects extreme points of the chart, the distance between these points being equal or higher than the percentage specified for the price scale.

Depth is the minimal amount of bars where there will not be the second maximum (minimum) Deviation pips higher or lower than the previous one. I.e., ZigZag can always diverge, but it can converge (or completely draw together) more than at the Deviation value only after Depth bars. Backstep is the minimal amount of bars between maximums/minimums.

After the ZigZag has captured the lowest point, it starts to search for the turn point until the rollback down from the maximum value exceeds the parameter. As soon as rollover down exceeds the parameter, the second (in this case, the upper) point is considered for captured, and ZigZag starts to search for the third one (in this case, for the lower one), etc.

TDI-With Alerts - indicator for MetaTrader 4 - 5

Indicator TDI-With Alerts. The description look in a code.

ZigZag_ws_Chanel_R - indicator for MetaTrader 4 - 5

(At GatGen's request the indicator is on the break through of the levels)

wajdyss_نسبة امتلاء الشمعة_Indicator_V3 - indicator for MetaTrader 4 - 5

to show the proportion of filled candle

Average Directional Movement Index, ADX - indicator for MetaTrader 4 - 5

Average Directional Movement Index Technical Indicator (ADX) helps to determine if there is a price trend. It was developed and described in detail by Welles Wilder in his book "New concepts in technical trading systems".

The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI one and the 14-period -DI. To do this, one either puts the charts of indicators one on top of the other, or +DI is subtracted from -DI. W. Wilder recommends buying when +DI is higher than -DI, and selling when +DI sinks lower than -DI.

To these simple commercial rules Wells Wilder added "a rule of points of extremum". It is used to eliminate false signals and decrease the number of deals. According to the principle of points of extremum, the "point of extremum" is the point when +DI and -DI cross each other. If +DI raises higher than -DI, this point will be the maximum price of the day when they cross. If +DI is lower than -DI, this point will be the minimum price of the day they cross.

The point of extremum is used then as the market entry level. Thus, after the signal to buy (+DI is higher than -DI) one must wait till the price has exceeded the point of extremum, and only then buy. However, if the price fails to exceed the level of the point of extremum, one should retain the short position.


ADX = SUM ((+DI - (-DI)) / (+DI + (-DI)), N) / N

N — the number of periods used in the calculation.

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