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My custom 2MA indicator + Trading strategy
My custom 2MA indicator + Trading strategy
May. 3, 2018
This custom 2MA indicator allows you to switch between two sets of preselected MAs with just a click of a button and much more
Forex NAUTILUS indicator
Forex NAUTILUS indicator
May. 3, 2018
Forex Nautilus indicator estimates the direction of the trend before it takes place and projects signals to enter
Place Trade expert advisor
Place Trade expert advisor
May. 3, 2018
Place Trade expert advisor is designed to enforce and enhance trader’s discipline and thus increase profitability in the long run
DOTS Method indicator
DOTS Method indicator
May. 3, 2018
DOTS Method indicator is an intraday price based trading strategy which displays market entries, exits, and target levels.
How to export live MT4 data to Excel
How to export live MT4 data to Excel
May. 3, 2018
Excel Live tool will allow you to export live MT4 data to Excel compatible format (CSV) file from any chart
Mostafa Belkhayate trading system
Mostafa Belkhayate trading system
May. 3, 2018
Download Mostafa Belkhayate trading system for free which is based on centre of gravity assumption and has over 80% wining ratio.
AtrOver range indicator
AtrOver range indicator
May. 3, 2018
AtrOver range indicator is a simple tool which displays traders the average true range (ATR) of any pair directly on a chart
Genesis Matrix Trading System
Genesis Matrix Trading System
May. 3, 2018
Genesis Matrix Trading System is complex trading strategy with high profitability which uses Heiken Ashi candles
Forex Risk Calculator
Forex Risk Calculator
May. 3, 2018
Forex Risk Calculator is used to help compute the actual Lot Size for each entry
SetAlerts financial tool
SetAlerts financial tool
May. 3, 2018
SetAlerts financial tool is used to set-up up to 10 alerts on any MT4 chart and has built in 3 different alert modes
TST Monthly indicator
TST Monthly indicator
May. 3, 2018
TST Monthly indicator is based on limit orders of the major market players and works on EURUSD, GBPUSD and USDCAD currency pairs
Fibo Machine Pro
Fibo Machine Pro
May. 3, 2018
Fibo Machine Pro is a relatively new indicator in the market which tells you where to enter and exit a trade for maximum profit based on Fibonacci levels
Forex Predictor V2 indicator
Forex Predictor V2 indicator
May. 3, 2018
Forex Predictor V2 indicator draws six dynamic lines in direction of an underlying trend to predict most likely price correction points
DeMark Range Expansion Index
DeMark Range Expansion Index
May. 3, 2018
Range Expansion Index is a technical indicator, namely an oscillator, which can be applied on any currency pair. It's developed by Thomas DeMark
Total Power Indicator
Total Power Indicator
May. 3, 2018
Total Power Indicator is based on the power of bulls and bears, along with a 13 day EMA, to indicate the strongest trends
Center of Gravity oscillator
Center of Gravity oscillator
May. 3, 2018
Center of Gravity oscillator produces nearly zero lag indications of market corrections and pivot points with precise accuracy
Murrey Math Line X
Murrey Math Line X
May. 3, 2018
Murrey Math Line X technical analysis system is based on a concept that all markets behave in the similar manner as observed by W.D. Gann
Hammer and Hanging Man MT4 indicator
Hammer and Hanging Man MT4 indicator
May. 3, 2018
Hammer and Hanging Man MT4 indicator helps traders to identify Hammer and Hanging Man candlestick formations
Relative Momentum Index MT4 Indicator
Relative Momentum Index MT4 Indicator
May. 3, 2018
Relative Momentum Index indicator aims to improve the data provided by the classical Relative Strength Index (RSI)
Multi Moving Average MT4 indicator
Multi Moving Average MT4 indicator
May. 3, 2018
Multi Moving Average MT4 indicator enables traders to determine the direction of several different moving averages that are compiled in one window

What are MetaTrader 4 indicators?

MT4 and MT5 indicators are technical analysis tools. In a simple language, custom forex indicators are mathematical formulas enabling traders to identify market trends. Traders use these tools for their trend predictions and speculations.

AtoZMarkets Indicators gallery includes many powerful custom indicators. We have received most of these tools from their creators, or other traders. If you also have your creation and would like to submit it to us, please contact us.

Additionally, when you download MT4 or MT5 trading platform you also get some of the most popular indicators on your trading platform for free.

What are MT4 add-ons?

MT4 add-ons are also visual tools. They enable traders to customize their MT4 platform. By doing so, traders aim to make their trading platform fit into their trading needs.

No one add-on will give you a guaranteed winning result. You need to use these tools according to their specific purpose. Often traders will combine more than one add-on and/or custom forex indicator to create their trading strategy.

What is Autochartist? Is Autochartist good trading tool?

Autochartist is also a trading tool. Some brokers will provide Autochartist free of charge if you meet certain criteria. You can not download Autochartist for free on AtoZMarkets.

In short, Autochartis is a pattern-recognition tool. Like many other indicators, its main purpose is to monitor markets on behalf of the trader and alert when a good trade set-up is identified. Some of the companies listed on our Forex broker directory provides Autochartists free of charge. You need to open your MT4 and navigate to the ‘navigator’ window and clicking on ‘scripts’. You will see the Autochartist script there.

What are Expert Advisors?

While you can use custom indicators to trade manually, some traders want to use automated trading strategies. EAs or Expert Advisors automated trading tools. Expert Advisors are MT4 or MT5 programs trading on behalf of traders according to their pre-determined strategies.

You will find a number of Expert Advisors (EAs) on the AtoZMarkets trading tools directory. Download these files and paste them to the right folder on MT4. If you want to install your MT4 you can find them the ‘navigator’ tab on the top left side of your MT4. We do not recommend to use EAs on live accounts immediately. We generally recommend traders to test their EAs on demo accounts first. Additionally, you should change your account once every 4-8 weeks depending on your Forex Broker type.

To activate or test any EA on MT4 you need to make sure that the ‘auto trading’ function in the top toolbar is turned on. It needs to be green.

Once you make sure that the auto trading button is on, you can drag one of the EAs from your navigator windows onto your price chart on MT4. You will see that the EA’s name appears on your chart. If everything is alright, there will be a smiley face next to the EA’s name in the top right corner of your chart.

What are the most common MT4 indicator?

Most of the traders will always use Moving averages, RSI or MACD as a part of their trading strategy. Additionally, many top MT4 custom indicators are built on top of Moving Averages or RSI.

How do I create my custom indicator?

You don’t have to just rely on other people’s strategies or trading tools. You can also create your custom MT4 indicators.

Crating a custom MT4/MT5indicator is similar to that for creating an Expert Advisor.

  • Press F4 on the keyboard within the MT4 platform;
  • MetaEditor display will open;
  • In the MetaEditor display, click on ‘New’.
  • This will open MQL Wizard;
  • Use the MQL wizard to create/write your custom indicator

How to Install Custom MT4 Indicators

  • Step 1:  Download  the Indicator file on your computer;
  • Step 2: Open Mt4 Trading Platform;
  • Step 3: Click “Open Data Folder”;
  • Step 4: Open the “MQL4” folder;
  • Step 5: Open the “Indicators” Folder;
  • Step 6: Paste The Custom MT4 Indicator Into The “Indicators” Folder;
  • Step 7: Restart your trading platform and you are set to go