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Metatrader Indicators

About these Metatrader Indicators...

What is a technical indicator?

A technical indicator is algorithm that analyzes past prices and/or volumes of a security, forex pair or commodity -or a combination of them-. There are two basic types of technical indicators: overlays and oscillators. All indicators display information in a graphical fashion on the price chart. It is believed that the goal of technical indicators is to predict future prices, but this is not always the case: for example correlation indicators are used for portfolio construction and risk management.


Can I use these indicators to trade forex, indices and commodities?

Yes, you can. Indicators just analyze price data and the underlying asset is irrelevant: the indicator will load and execute properly.


What platform are these indicators for?

We offer indicators and automated trading systems for Metatrader4 and Metatrader5.


How do I install and execute an indicator in my Metatrader terminal?

Once you have downloaded the indicator file, open your Metatrader terminal, click on File -> Open Data Folder -a file browser will open-, and copy the indicator file into the folder MQL4 -> Indicators. Then restart your Metatrader terminal, and drag the indicator from the Navigator to the price chart. Kindly note that Windows can't install indicators automatically in your Metatrader terminal: indicators must be installed manually.


Do you provide free forex indicators?

Yes, we are proud to offer most of our work for free. If you like it, kindly consider buying a product to support our work.


What are the limitations of the free indicators?

Our free indicators are fully functional and have no time or functionality limitations.


Which is the best forex indicator?

All indicators are intrinsically different and accomplish different functions, with different degrees of success depending on the market conditions. No indicator should be followed blindly. Kindly note that indicators are not a suitable replacement for lack of skill: you should educate yourself in markets and technical analysis before trading live.


Are these indicators repainting?

Most of them are not, but a few of them need to repaint to accomplish its function. If so, it'll be explained in the product page.


Do these indicators implement notifications?

Yes! All event-based indicators implement visual, email, push and sound alerts. Information-based indicators have no alerts.


What derivatives can I trade with these indicators?

Forex brokers usually offer forex pairs, CFDs and futures covering exchange rates, stock indices, commodities and energy.


What timeframe should I trade with these indicators?

The market is all timeframes. Generally speaking, you should not enter or exit trades based on the price action of a single timeframe.


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