Forex MetaTrader Trading Indicators

Trading Gaps MQ4 Indicator – The indicator shows the gaps between the closing price of the previous bar and the opening price of the current bar. The gap size in points is set in the Size GAP external parameter. The indication is performed using arrows, with the consideration that most gaps are closed. That is, an arrow points in the ...

Momentum MQ4 indicator – The Momentum Technical Indicator measures the change of price of a financial instrument over a given time span. There are basically TWO WAYS TO USE MOMENTUM INDICATOR: As a trend-following indicator similar to the Moving Average Convergence/Divergence (MACD) indicator. In this case, a signal to buy occurs if the Momentum indicator makes up a trough and starts ...

The XO Diagram MQ4 indicator for MetaTrader 4. It plots the Х0 charts by close prices. Input Parameters: BoxSize – box size in points ReversalBox – the number of boxes for reversal Candles – the number of candles for calculation

Parabolic SAR Technical Indicator was developed for analyzing the trending markets. The indicator is constructed on the price chart. This indicator is similar to Moving Average with the only difference that Parabolic SAR moves with higher acceleration and may change its position in terms of the price. The indicator is below the prices on the bull market (Up Trend), when ...