CCI indicator for MetaTrader 4

CCI indicator for MetaTrader 4

  • Free CCI-based highly effective and easy to use the indicator
  • With this CCI indicator, you will be able to detect, predict, trade and benefit from strong market trends.
  • Highly accurate prediction of a price direction
  • Useful for all markets (forex, commodities, stocks, indices, and others) and timeframes
  • Compatibility: MetaTrader 4
  • Free monthly updated


How to trade the indicator profitably:
The indicator is based on a very simple but highly effective CCI calculation. The indicator shows the colored line on your charts. The color of the line can be blue or red. The blue color represents strong bullish movements and the red color represents strong downward trends.


Trading the indicator is very simple. You can use the indicator for both market entry and exit. Simply as soon as the color blue turns red, further downside movements could be expected and vice versa.

The flag offers to set the “CCI_factor” setting. The default is 3. To detect longer and more stable trends, CCI_factor = 10 is recommended. But we recommend that you test which value will best suit your trading style and will be more profitable for you.

Download

Professional Spread Indicator for MT4

Professional Spread Indicator for MT4

  • Free easy to use and highly effective spread indicator
  • With this Spread indicator, you can easily measure the minimum, average and maximum spread of any currency market or other market and for any period of time you want to track
  • The Spread indicator is very useful when comparing fluctuations in spreads between various currency brokers.
  • Useful for all markets (forex, raw materials, stocks, indices, and others) and terms
  • Compatibility: MetaTrader 4


How this indicator works:
The results of the Spread indicator depend on the period of time you choose. For example, if you are attaching the indicator to the M1 chart, the Spread indicator will draw 1 minute bar periods.

The Spread indicator measures:

  • The averages spread for a given period of time (based on time frame)
  • Minimum spread for a given period of time (based on time frame)
  • Maximum spread for a given period of time (depending on the time frame)
  • Average spread from the start of the measurement
  • Minimal spread from the start of the measurement
  • Maximum spread from the start of the measurement
  • buy/sell exchange securities

The results from the beginning of the measurement are in the upper left corner. Alongside the Spread text label, there is an average spread from the start of the measurement (3.6 in the image above), a minimum spread from the start of the measurement (2.0 in the image above), and a maximum span (7.0 in the image above).

The light blue horizontal line represents the actual spread.

The gray horizontal line represents the average spread from the start of the measurement.

The light blue bar represents the minimum and maximum value of the spread during a given period of time.

The dark blue color represents a maximum spread value from the start of the measurement.

Our Spread indicator is a professional and very useful MT4 tool to measure spreads, detect spread widening of low-quality brokers and measure their real spread trading costs. Also, don’t forget that, except for spread costs, execution (sliding) costs also influence every order executed on a live account.

Download

Overbought / Oversold indicator

Overbought / Oversold indicator

  • A free highly effective and robust indicator
  • Detect market movements OverBought and OverSold
  • With the indicator, you can see when the market could potentially be depleted, and this will greatly improve your trading results
  • Useful for all currencies and terms
  • Compatibility: MetaTrader 4
  • Regularly updated for free

How to trade the indicator profitably:
The interpretation of the indicator is simple. The indicator shows the period when the market movement could be exhausted or is coming to an end. Thanks to this, we can trade more accurately, execute timely operations and make higher profits.

Overbought means a period in which there has been a significant and consistent upward movement in price without much pullback.

On the other hand, overselling describes a period in which there has been a significant and consistent downward movement in price without much pullback.

The market is considered overbought when the indicator rises above the 70 levels. A sell signal may be generated.

The market is considered oversold when the indicator falls below the 30 levels. A buy signal can be generated.

In our experience, currency pairs are traded as scales’ bowls (currencies are compared to each other). That is why there is an expectation that currency pairs will make retracements. Also, the price cannot move in one direction forever. Currency pairs that are overbought or oversold are more likely to reverse direction but could remain overbought or oversold for a long period.

There are two ways to trade the indicator:

A) Take the SELL signal when the indicator falls below the 70 levels or take the BUY signal when the indicator rises above the 30 levels. The best method here is to look at the whole context of price movements and the action of the price. If you feel and see that the market is receding, now is the right time to trade!

B) Close your BUY trades as soon as the indicator line turns red and close your SALE trades as soon as the indicator line turns green.

Download

Pivot Point Extra Indicator for MT4

Pivot Point Extra Indicator for MT4

  • The most optimized pivot point indicator, highly robust and easy to use for free
  • Our pivot point indicator is based on an advanced algorithm to calculate the pivot point and support and resistance levels
  • Incredibly accurate prediction of significant future price levels and possible market reversals
  • Useful for all markets (forex, commodities, stocks, indices, and others) and timeframes
  • Compatibility: MetaTrader 4
  • Free monthly updated

How to trade profitably with the additional indicator Pivot Point:
The additional Pivot Point indicator is based on a special mathematical algorithm that can predict future reversals of any market with high probability. Our pivot point indicator is extremely easy to use and trade. The indicator uses time frame D1 for its calculation. Therefore, especially intraday traders will get the most out of our exclusive Pivot Point indicator.

The indicator always shows the main pivot point (yellow line). The indicator also shows 3 major resistance levels (red lines) and 3 major support levels (blue lines). It doesn’t matter which time period you choose: the indicator is always calculated based on the daily time period.

Our Pivot Point Extra indicator always offers the most accurate price levels. And you can trade the indicator like any other pivot point indicator. If a market is close to resistance levels (R1, R2, R3), a downside move is generally expected. On the other hand, if a market is close to support levels (S1, S2, S3), a bullish reversal is generally expected.

It is also possible to use the indicator very effectively in conjunction with other forex indicators or trading systems. Especially the placement of Stop-Loss or Profit-Target levels based on the Pivot Point indicator is usually a very good idea because a price is reversed from the support (S1, S2, S3) and resistance levels (R1, R2, R3) very often and very precisely.

The middle pivot point level can be used to identify a sentiment: the price above the median pivot point means bullish sentiment, while the price below the median pivot point means bearish sentiment. It is also good to note that the price tends to reach the mid-pivot point with a probability of 70% during a trading day.

We wish you many profitable trades with our powerful Pivot Point Extra indicator!

Download

Economic News Calendar Indicator for MT4

Economic News Calendar Indicator for MT4

  • Try our excellent indicator that shows the economic calendar directly on your MetaTrader 4 trading platform
  • Get a perfect insight into what is currently happening in the markets from fundamental analysis, and directly on your charts, an indicator is a great tool for news trading
  • The indicator is perfectly optimized for MT4 and updates the economic calendar data in real-time.
  • You will always have a perfect overview of the important economic news hitting the markets.
  • Useful for all markets (forex, raw materials, stocks, indices, and others) and terms
  • Compatibility: MetaTrader 4
  • Free monthly updated

How our economic indicator works:
The economic calendar is clearly the most used tool by all Forex traders. The calendar shows the announcement times of important economic events, which often have a significant effect on the future movement of prices in each market. But the problem is that each trader looks at the economic calendar only on the websites in their browsers. However, this is very inconvenient and impractical. That is why we have decided to create an indicator that shows all relevant economic events directly on your MetaTrader 4 trading platform.

Our economic calendar indicator divides economic events into three categories, according to their importance:

1) The most important economic events are shown in red
2) Average economic events are shown in orange
3) The least important economic events are shown in yellow.

For each economic event, the date, the time of the announcement and the name of the economic event are always displayed.
Indicator settings:
The Economic Calendar Indicator allows you to set the following parameters:

Your GMT-zone shift broker = Here you need to configure the time change (in hours) of your broker in MT4 (server time), compared to GMT time.

Example: If the server time on your MT4 is currently 3:00 PM and the current GMT time is 2:00 PM, the time change is plus one hour. Enter “1” in the “Your GMT-zone shift broker” setting.

Second example: if the server time on your MT4 is currently 10:00 and the current GMT time is 14:00, the time change is minus four hours. Enter the number “-4” in the configuration “Your GMT-zone shift broker”.

News: high impact color = color of major news events

News: Medium impact color = color of economic events with medium impact

News: Low impact color = color of low impact economic events

Row Limit = Number of upcoming economic news events displayed.

Row Height = The space between rows.

Font size = Size of the text displayed by the indicator.

We wish you many profitable trades with our powerful Economic News indicator!

Download