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
TSR Ranges MT4 indicator
TSR Ranges MT4 indicator
May. 3, 2018
TSR Ranges MT4 indicator informs a trader about numerous market range statistics and calculates stop loss levels according to a pre-set risk reward ratio
Trend Envelopes Alert MT4 indicator
Trend Envelopes Alert MT4 indicator
May. 3, 2018
Trend Envelopes Alert MT4 indicator is based on moving averages and can be used for scalping and swing strategies. It is equipped with an alert
Ahoora trend indicator
Ahoora trend indicator
May. 3, 2018
Ahoora trend indicator combines 3 key trend showing indicators, EMA, RSI, and ATR, to provide a simple but right signal trend
Stretch indicator for MT4
Stretch indicator for MT4
May. 3, 2018
Download the Stretch indicator from AtoZMarkets gallery, which uses the absolute difference value of 10 SMA between open and either the high or low.
Camarilla indicator for MT4
Camarilla indicator for MT4
May. 3, 2018
Camarilla indicator, also known as Camarilla pivot points, draws precise support, resistance, target and breakout levels for intra-day trading
Forex Freedom Bar indicator
Forex Freedom Bar indicator
May. 3, 2018
Forex Freedom Bar indicator is based on CCI (Commodity Channel Index) indicator which is displayed for four different time-frames
3LineBreak indicator for MT4
3LineBreak indicator for MT4
May. 3, 2018
3LineBreak indicator eliminates market noise from charts and allows to focus on the trend by following the price action
WTR Accurate Binary Arrow Indicator
WTR Accurate Binary Arrow Indicator
May. 3, 2018
Download the WTR Accurate Binary Arrow indicator for free on AtoZ Forex to identify and accurately point buy & sell signals
Value Chart Delux Indicator
Value Chart Delux Indicator
May. 3, 2018
The Value Chart Delux indicator was developed to show the valuation of the market and it could be described as a DeTrended Oscillator in which the higher or lower the value on the Value Chart the more likely the market is to reverse direction.
Forex Trading Journal
Forex Trading Journal
May. 3, 2018
Want to improve your trading? Start utilizing free Forex Trading Journal now, keep track of the trades you’ve made and learn from your actions.
ZMFX Forex Trend v3
ZMFX Forex Trend v3
May. 3, 2018
Download ZMFX Forex Trend v3 indicator for free on AtoZ Forex. It will allow you to look at 8 currency pairs and their 5 indicators in just one view.
ShmenTrendline indicator for MT4
ShmenTrendline indicator for MT4
May. 3, 2018
ShmenTrendline indicator automatically draws trend lines on all pairs and time-frames. Download it free from AtoZ Forex.
Price - EMAs indicator
Price - EMAs indicator
May. 3, 2018
Price - EMAs indicator shows the distance between the open candle's price and three different EMAs in pips. The difference is projecting in data window
Brother2 Indicator
Brother2 Indicator
May. 3, 2018
Brother2 indicator provides all the necessary information traders need to know from and about their brokers. The indicator is compatible with all timeframes
Forex Profit Supreme Bars Indicator
Forex Profit Supreme Bars Indicator
May. 3, 2018
Forex Profit Supreme Bars Indicator colors the bars which are overbought or oversold based on the RSI
Mouteki Demark indicator
Mouteki Demark indicator
May. 3, 2018
Mouteki Demark indicator draws sell and buy signals on candles highs and lows. Together with an automatic trend line and take profit drawing features
Bear Naked Pattern
Bear Naked Pattern
May. 3, 2018
Bear Naked Pattern indicator identifies and points buy and sell signals based on CCI and MA crossovers and works best on minutely time-frames

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