MetaTrader 4 Indicators

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MetaTrader 4 Indicators

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Classic

Template file. So add to template folder.
This is the traditional setup with MACD, stochastics, 50ma and 200ma. Probably the screen most people start with when they are looking for a system. This has Bill Williams alligator added to show more of a wave... Nice classic setup.

Details: Classic

January 3rd, 2010
Size: 3.38 KB
Downloaded: 222 times

Color Change Moving Average

Useful Moving average that changes color with slope. Very configurable as to type, phase, shift, arrows, etc. Probably all you need other than the standard MAs that come with MT.

Details: Color Change Moving Average

January 3rd, 2010
Size: 11.35 KB
Downloaded: 459 times

Fib Ladder

This is a fib ladder template. The image uses a 200 ema but you can easily change the ema. Then Fibonacci based lines are offset from this creating a channel. Stay on the right side of the ema and use the fib lines for support and resistance. Simple but it works.

Details: Fib Ladder

January 2nd, 2010
Size: 4.69 KB
Downloaded: 401 times

Guppy

Nice guppy template. You can read more on this style here.
https://www.guppytraders.com/gup329.shtml

You don't need a bunch of oscillators and fancy indicators. Try this for a week next to your favorite setup and you might be amazed how simple and clean your charts could be.

Details: Guppy

January 2nd, 2010
Size: 3.13 KB
Downloaded: 473 times

ema rainbow template

The more colorful rainbow wave. This is an ema version. You can use on any time frame to stay on the right side of the market. Watch the wave to see market cycles and use the yellow portion as a moving stop/entry area. Trading does not have to be complicated.

Details: ema rainbow template

January 2nd, 2010
Size: 3.53 KB
Downloaded: 428 times

Ghost template

Nice clean way to view the market. Works in any time frame.
This is a template file. Add it to templates folder.

Details: Ghost template

January 2nd, 2010
Size: 6.58 KB
Downloaded: 421 times

camarilla pivots

Nice pivot indicator with fib extensions. Gives some useful daily range statistics and prints pivot numbers in upper left.

Details: camarilla pivots

January 2nd, 2010
Size: 47.08 KB
Downloaded: 404 times

PVT - Price Volume Trend (variant of OBV)(MT4)

This indicator is a variant of OBV called PVT that is uses only a part of the volume in each bar for calculations, depending on how far price has moved. I find it to be more steady and accurate than OBV for determining overall trend - doesn't whipsaw up and down as much.

Here's some info about it: https://ta.mql4.com/indicators/volumes/price_trend

In the screenshot below, PVT is in pink and OBV is in light blue.

Details: PVT - Price Volume Trend (variant of OBV)(MT4)

December 31st, 2009
Size: 3.33 KB
Downloaded: 423 times

Keywords: metatrader obv volume pvt

ZigZag Parabolic (MetaTrader)

ZigZagOnParabolic MetaTrader indicator � based on two standard MT4/MT5 indicators � ZigZag and Parabolic SAR, it tries to show an improved version of the first one by marking the extrema of the chart with a smaller delay. Standard ZigZag looks for new extremum by searching the percentage deviation of the price from the previous extremum. This new ZigZag does so by looking at the Parabolic SAR indicator. Both ZigZag and the Parabolic SAR are drawn atop of the chart.

Input parameters:

Step (default = 0.02) � one of the parameters of the standard Parabolic SAR indicator.
Maximum (default = 0.2) � another parameter of the standard Parabolic SAR indicator.
ExtremumsShift (default = true) � if true then the extrema are shown at their actual places; if false then the extrema are shown at the points in time when they were detected. Useful to see the delay between the actual extremum appearance and its detection point.
History (default = 0) � amount of bars to use for calculation of the indicator. Change only if your PC is really slow. 0 � all bars are used in the calculation.

Details: ZigZag Parabolic (MetaTrader)

December 20th, 2009
Size: 3.60 KB
Downloaded: 221 times

Keywords: metatrader mq4 mt4 zigzag parabolic

Laguerre (MetaTrader)

Laguerre MetaTrader indicator � a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for easy entry and exit signals.

Input parameters:

gamma (default = 0.7) � multiplier that is used in the line's levels calculation. The higher it is the smoother is the line.
CountBars (default = 950) � the maximum amount of bars for which to calculate this indicator. Set as high as possible if you don't experience performance problems.

Details: Laguerre (MetaTrader)

December 20th, 2009
Size: 2.74 KB
Downloaded: 192 times

Keywords: laguerre metatrader mq4 mt4

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