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FOREX Indicators (Meta Trader)

On this page you can freely download MT4 and MT5 Forex indicators that can be attached to the MetaTrader Forex trading platform to boost your Forex trading performance. You can develop your own Forex trading strategies using these indicators, or you can simply follow them as the trading signals. Feel free to implement any of these indicators into a custom MetaTrader expert advisor. You can change these indicators freely before using on your Forex trading accounts. You'll have to open a trading account with some of the MT4 Forex brokers to use them.

List of Indicatores:

  • 3rd Generation Moving Average (MT4, MT5) — Indicator See detail
  • Aroon Up & Down (MT4, MT5) — Indicator See detail
  • BB MACD (MT4, MT5) — Indicator See detail
  • Beginner (MT4, MT5) — Indicator See detail
  • BMA (MT4, MT5) — Indicator See detail
  • CCI Arrows (MT4, MT5) — Indicator See detail
  • Coppock (MT4, MT5) — Indicator See detail
  • Detrended Price Oscillator (MT4, MT5) — Indicator See detail
  • Dots (MT4, MT5) — Indicator See detail
  • Easy Trend Visualizer (MT4, MT5) — Indicator See detail
  • Fisher (MT4, MT5) — Indicator See detail
  • Float (MT4, MT5) — Indicator See detail
  • Keltner Channel (MT4, MT5) — Indicator See detail
  • Laguerre (MT4, MT5) — Indicator See detail
  • Market Profile (MT4, MT5) — Indicator See detail
  • Moving Average Candlesticks (MT4, MT5) — Indicator See detail
  • Murrey Math Line X (MT4, MT5) — Indicator See detail
  • Not So Squeezy (MT4) — Indicator See detail
  • Pattern Recognition Master (MT4, MT5) — Indicator See detail
  • Pinbar Detector (MT4, MT5) — Indicator See detail
  • Price Alert (MT4, MT5) — Indicator See detail
  • QQE (MT4, MT5) — Indicator See detail
  • Range Expansion Index (MT4, MT5) — Indicator See detail
  • RSIOMA (MT4) — Indicator See detail
  • Schaff Trend Cycle (MT4, MT5) — Indicator See detail
  • Spread (MT4, MT5) — Indicator See detail
  • Support and Resistance (MT4, MT5) — Indicator See detail
  • Total Power Indicator (MT4, MT5) — Indicator See detail
  • Trade Assistant (MT4, MT5) — Indicator See detail
  • Traders Dynamic Index (MT4) — Indicator See detail
  • TRO MultiPair (MT4) — Indicator See detail
  • TzPivots (MT4, MT5) — Indicator See detail
  • Var Mov Avg (MT4, MT5) — Indicator See detail
  • ZigZagOnParabolic (MT4, MT5) — Indicator See detail

3rd Generation Moving Average (MT4, MT5) — Indicator

This MetaTrader indicator a version of the classic moving average indicator (MA) with the time-lag reduced to the least possible level, preserving the smoothing capability of moving average.


Aroon Up & Down (MT4, MT5) — Indicator

this MetaTrader indicator is based on finding the maximums and minimums of the period and does not use any standard MT4 and MT5 indicators. It is a separate window indicator with 2 charting lines. I find it useful to determine the trend changes.


BB MACD (MT4, MT5) — Indicator

a MACD variation custom MT indicator, based on moving averages and standard deviation indicator. It can be used to determine trend starts/ends as well as the trend strength (the broader is the gap between two bands, the stronger is the current trend).


Beginner (MT4, MT5) — Indicator

Beginner (MT4, MT5) — this one shows up trend extremes (max and min) which can be treated as the support and resistance points and help you understand current trend channels. It is a simple indicator that uses some period to find the highest and the lowest points and mark them with the dots. It can be a good base for your own range breakout expert advisor.


BMA (MT4, MT5) — Indicator

BMA (MT4, MT5) — a moving average indicator version that saves the traditional MetaTrader moving average functionality but adds two bands to the standard line. These bands are placed (by default) 2% below and 2% above the main line and serve as the strong pull-back levels.


CCI Arrows (MT4, MT5) — Indicator

CCI Arrows (MT4, MT5) — this CCI based indicator will give you signals by drawing blue and red arrows on the chart. It simply detects the CCI cross with the zero but is quite accurate.


Coppock (MT4, MT5) — Indicator

Coppock (MT4, MT5) — an implementation of the classical indicator by Edward Coppock. Helps detecting the long-term tops and bottoms.


Detrended Price Oscillator (MT4, MT5) — Indicator

Detrended Price Oscillator (MT4, MT5) — a version of the price oscillator that works well for the detection of the short-term changes in the trend.


Dots (MT4, MT5) — Indicator

Dots (MT4, MT5) — a very good trend-detecting indicator with spike filtering option and a number of adjustable input parameters.


Easy Trend Visualizer (MT4, MT5) — Indicator

Easy Trend Visualizer (MT4, MT5) — visualizes the trend beginning/end, along with the range periods. It's based on the standard ADX indicator and produces quite accurate trend signals.


Fisher (MT4, MT5) — Indicator

Fisher (MT4, MT5) — finds the maximum and minimum levels on the given period, applies custom calculations to the relation of the current price to those levels and draws a histogram of the trend. Marks uptrend with green lines and downtrend — with red lines.


Float (MT4, MT5) — Indicator

Float (MT4, MT5) — this MetaTrader indicator scans the latest trends and tries to apply the data to the current rate, showing a trend start/end in a separate window. It also shows Fibonacci retracement levels on the main chart window.


Keltner Channel (MT4, MT5) — Indicator

Keltner Channel (MT4, MT5) — this MetaTrader indicator offers a combined trend/volatility moving averages, offering you a tool to trade the channel breakouts. Based on moving averages.


Laguerre (MT4, MT5) — Indicator

Laguerre (MT4, MT5) — a separate window indicator with one line signaling short and long positions, when it crosses the upper band from above or lower band from below, respectively.


Market Profile (MT4, MT5) — Indicator

Market Profile (MT4, MT5) — a classic market profile indicator created specifically for Forex daily trading session.


Moving Average Candlesticks (MT4, MT5) — Indicator

Moving Average Candlesticks (MT4, MT5) — a classic moving average indicator visualized in a form of Japanese candlesticks.


Murrey Math Line X (MT4, MT5) — Indicator

Murrey Math Line X (MT4, MT5) — another kind of pivot points given in form of lines displayed on the main chart. It uses Murrey Math rules to calculate the lines’ position. Lines are shown for the current period and represent the support and resistance levels.


Not So Squeezy (MT4) — Indicator

Not So Squeezy (MT4) — a set of indicators for the Not So Squeezy trading strategy.


Pattern Recognition Master (MT4, MT5) — Indicator

Pattern Recognition Master (MT4, MT5) — an indicator for the automatic Japanese candlestick patterns recognition. It marks each candle, which fits any pattern, with the special code that represents the appropriate candlestick pattern. The legend for the patterns and the corresponding symbols is also attached to the chart with this indicator.


Pinbar Detector (MT4, MT5) — Indicator

Pinbar Detector (MT4, MT5) — a Forex MetaTrader indicator that detects the Pinbar (Pin-bar) patterns and marks them on the chart. Incldues customizable parameters of the pattern detection.


Price Alert (MT4, MT5) — Indicator

Price Alert (MT4, MT5) — an indicator that can notify you of certain price changes via the MetaTrader sound alerts. Can be used in manual trading when you want to know when the price reaches certain levels.


QQE (MT4, MT5) — Indicator

QQE (MT4, MT5) — Quantitative Qualitative Estimation indicator that uses two smoothed RSI indicators for buy and sell signals.


Range Expansion Index (MT4, MT5) — Indicator

Range Expansion Index (MT4, MT5) — Tom DeMark's oscillator indicator that measures the pace of the relative price change. Gives overbought/oversold signals.


RSIOMA (MT4) — Indicator

RSIOMA (MT4) — this indicator is composed of the RSI (Relative Strength Index) of two moving averages and moving average of this RSI. The cross of them means the change of the trend — when the bold line is above it is an uptrend, when the thin one is above it is a downtrend.


Schaff Trend Cycle (MT4, MT5) — Indicator

Schaff Trend Cycle (MT4, MT5) — an indicator that displays the double smoothed stochastic of the MACD lines calculated in cycles. Offers an improved version of the oscillator for the trend detection. Developed by Doug Schaff.


Spread (MT4, MT5) — Indicator

Spread (MT4, MT5) — an indicator that can display current spread for the given currency pair directly in the main window of the chart. Useful when dealing with variable spreads.


Support and Resistance (MT4, MT5) — Indicator

Support and Resistance (MT4, MT5) — as the name suggests, this indicators shows the levels of support and resistance directly on the chart. It uses standard MT4/MT5 Fractal indicator and does quite well in depicting the good levels for the next stop-loss and target-profit prices.


Total Power Indicator (MT4, MT5) — Indicator

Total Power Indicator (MT4, MT5) — an indicator for MetaTrader platform that analyzes the current market power of bulls and bears by measuring the proportion of bear and bull-dominant bars over some period of time.


Trade Assistant (MT4, MT5) — Indicator

Trade Assistant (MT4, MT5) — a multi-timeframe indicator that analyzes the market conditions on timeframes from M5 to D1 using the Stochastic Oscillator, RSI and CCI standard indicators. The output is a set of buy or sell signals displayed as a table below the chart. It's very easy indicator to trade using both small and large timeframes.


Traders Dynamic Index (MT4) — Indicator

Traders Dynamic Index (MT4) — indicates trend direction, market volatility and trend strength in a separate window of the MetaTrader terminal. It is handy in many trading styles — long-term and scalping. Read the commentary in the code to learn using it (very easy).


TRO MultiPair (MT4) — Indicator

TRO MultiPair (MT4) — a multiple timeframe indicator package for multiple currency pair. It shows as a separate terminal window with 3 indicating dots for each of 4 different currency pairs for each MetaTrader time period. Dots combinations serve as the entry signals. The more timeframes show the same combination the more accurate signal is. Red, red, magenta is used to enter short; green, green, cyan is used to enter long. You can select currency pairs via the input parameters. The timeframe and the currency pair of the chart, to which you attach this indicator don’t matter.


TzPivots (MT4, MT5) — Indicator

TzPivots (MT4, MT5) — daily pivot points indicator with an accurate and informative display. Trader has to set two input parameters: LocalTimeZone — time zone of the MT4/MT5 trading server (e.g. "-5" if it's New York time) and DestTimeZone — time zone of the session for which you want to calculate pivot points (e.g. "+9" for Tokyo trading session pivots).


Var Mov Avg (MT4, MT5) — Indicator

Var Mov Avg (MT4, MT5) — indicator is based on the calculating of moving averages of the varying periods. It detects crosses that produce buy/sell signals as well as current trend indication. This indicator has a sound alert on signals, which can be turned on and off.


ZigZagOnParabolic (MT4, MT5) — Indicator

ZigZagOnParabolic (MT4, MT5) — improved version of the standard MetaTrader ZigZag indicator that is based on another MetaTrader standard indicator — Parabolic SAR. Detects chart extrema.



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