Fibonacci Wave trading strategy
Fibonacci Wave trading strategy
May. 3, 2018
It is profitable to use Fibonacci wave for Forex trading. How to apply Fibonacci Wave trading strategy and to determine entry, stop loss, and exit points?
Forex Fractal MT4 trading strategy
Forex Fractal MT4 trading strategy
May. 3, 2018
Forex Fractal MT4 trading strategy is simple system that uses just one indicator but has approximately 80% profitability when tested as an EA
Bollinger Bands and Fractal trading strategy
Bollinger Bands and Fractal trading strategy
May. 3, 2018
Bollinger Bands and Fractal trading strategy is simple MT4 trading system that uses two classical indicators and has 67% profitability
ProFx 4.0 MT4 trading system
ProFx 4.0 MT4 trading system
May. 3, 2018
ProFx 4.0 MT4 trading system uses multiple indicators to calculate precise entry and exit levels. It’s a profitable trading strategy
Kelly Criterion MT4 indicator
Kelly Criterion MT4 indicator
May. 3, 2018
Kelly Criterion MT4 indicator calculates the optimal risk percentage per trade to maximize your account in the fastest way possible
Regression channel breakout indicator
Regression channel breakout indicator
May. 3, 2018
Regression channel breakout indicator draws trend channels on a selected timeframe along with market entry signals and targets
Stochastic Trend Momentum trading
Stochastic Trend Momentum trading
May. 3, 2018
Stochastic Trend Momentum trading system is based on the classic strategy of Stochastic oscillator, Envelopes, and two 21 & 50 period Simple Moving Averages
Cycle Extremus Forex trading strategy
Cycle Extremus Forex trading strategy
May. 3, 2018
Cycle Extremus Forex trading strategy is based on custom mathematical indicators and oscillators along with 100 SMA, Bollinger Bands, and Fibonacci
Dragon Fire trend trading system
Dragon Fire trend trading system
May. 3, 2018
Dragon Fire trend trading system is based on PLT indicator and is filtered by I-gentor LSMA to identify an ongoing trend and determine optimum trade setups
Forex Ghost trading system
Forex Ghost trading system
May. 3, 2018
Forex Ghost trading system is based on the envelopes, momentum and strength indicators. The system uses precise signals which are confirmed by momentum
SR Interpretation System
SR Interpretation System
May. 3, 2018
SR Interpretation System analyses movements emphasizing static levels of Support and Resistance. You can download the SR Interpretation System for free
M30 EMA trading system
M30 EMA trading system
May. 3, 2018
M30 EMA trading system is trend momentum based strategy which uses exponential moving averages
Multiple MT4 charts in different windows
Multiple MT4 charts in different windows
May. 3, 2018
This Forex tool for Multiple MT4 charts in different windows allows to drag your charts into separate windows and see multiple MT4 charts at the same time
WPR Overbought Oversold trading system
WPR Overbought Oversold trading system
May. 3, 2018
WPR Overbought Oversold trading system is based on trend momentum and uses Trend Magic. Download WPR Overbought Oversold system for free and test it out
3 SMA Pip Machine
3 SMA Pip Machine
May. 3, 2018
3 SMA Pip Machine is a simple Forex trading system based on three moving averages and a trend filter. You can download 3 SMA Pip Machine for free
Super Mega Winner trading strategy
Super Mega Winner trading strategy
May. 3, 2018
Super Mega Winner trading strategy is an intraday trend-momentum system based on Commodity Channel Index (CCI) and Super Mega Winner indicator
BOSS Indicator for binary options
BOSS Indicator for binary options
May. 3, 2018
BOSS Indicator is designed for trading binary options and has a profitability of nearly 70%, it does not repaint or delay its signal.
Market Profile tool, find the strongest S/R levels
Market Profile tool, find the strongest S/R levels
May. 3, 2018
Market Profile tool will help you to identify the strongest support and resistance levels, so you wouldn't be caught off guard by that fake level
Ultimate Pro Scalper indicator
Ultimate Pro Scalper indicator
May. 3, 2018
Ultimate Pro Scalper indicator is simple but profitable tool for traders trading in lower then H1 timeframe with a winning ratio of 92.4%
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

What are the MetaTrader indicators?

MT4 and MT5 indicators are technical analysis tools created for forex traders. In simple language, custom forex indicators are mathematical formulas that allow traders to identify what the market trends are and to use these concepts to carry out their operations. 

The AtoZMarkets indicator gallery includes a large number of very effective and easy-to-use custom indicates. 

We have received most of these tools from their own creators, and for us it is wonderful to be able to share them with all the operators in the market. If you have your own indicator creation, and would like to submit it, please contact us and we will be happy to publish it.

In addition to this, when you download the MT4 or MT5 trading platform you also get some of the most popular trading indicators for free.

 

What are MT4 plugins or add-ons?

MT4 plugins or add-ons are visual tools that allow traders to customize their MT4 platform. By doing so, traders are able to tailor their trading platform to suit their trading needs.

However, no plugin will give you a guaranteed winning result, and you need to use these tools according to your specific trading purpose. 

Traders often combine more than one custom forex plugin and / or indicator to create their own trading strategy.

 

What is Autochartist?

Autochartist is a program that can identify patterns on the charts using technical indicators from the Metatrader platform. This function monitors the markets 24 hours a day, and notifies you about trading opportunities in real time.

Its software is designed to identify trading opportunities based on support and resistance levels.

Some of the companies listed in our Forex Broker Directory offer Autochartists for free. To install it, you need to open your MT4 and go to the "browser" window and click on "scripts", where you can see the Autochartist text there.

There are several Autochartist features that are very useful for investors. These include algorithms that automatically analyze markets, a customizable search panel, and a built-in price movement analyzer.

What are Expert Advisors or (EAs)?

 Although custom indicators can be used to trade manually, some investors want to use automated trading strategies. The so-called EAs or Expert Advisors are automated trading tools. They are MT4 or MT5 programs that trade on behalf of traders according to their predetermined strategies.

You will find a number of Expert Advisors (EAs) in the AtoZMarkets directory of trading tools. Download these files and paste them into the default MT4 folder for it. If you want to install them on your MT4 you can find them in the "browser" tab at the top left of your MT4. We do not recommend using EAs on real accounts if you are not a professional or advanced trader.

We generally recommend traders to test their EAs on demo accounts first, and once their development is fully controlled, not think about being used on a real account. To activate or test any EA on MT4 you must always make sure that the "auto trading" function in the upper toolbar is activated, and a confirmation of this is that it has a green color.

Once you make sure that the auto trade button is activated, you can drag one of the EAs from your browser windows onto your MT4 price chart. You will see the name of the EA appear on your chart, and if all is well, there will be a smiley face next to the EA name in the upper right corner of your platform.

What are the most common MT4 indicators?

Most traders will always use indicators such as moving averages or averages, the RSI indicator, the MACD, and the Stochastic as a fundamental part of their trading strategy. Also, many of the leading MT4 custom indicators are based on moving averages or RSI.

There are also other indicators considered the best for investors, and among them we find the Ichimoku Kinko Hyo indicator, the Bollinger Bands and the ADX.

 How can I create my own custom indicator?

You don't have to rely solely on other people's trading strategies or tools to do this.

Creating a custom MT4 / MT5 indicator is similar to creating an Expert Advisor. The procedure to follow is as follows:

  •        Press F4 on the keyboard inside the MT4 platform
  •        This will give the option to open the MetaEditor screen
  •        Then on the MetaEditor screen click where it says "New"
  •        This will open the MQL Wizard
  •        Use the MQL4 wizard to create / write your custom indicator

 

How can I install my custom MT4 indicators?

Step 1: Download the indicator file to your computer

Step 2: Open the 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 in the "Indicators" folder

Step 7: Restart your trading platform and you are good to go