MTF ZigZag Indicator MT4 helps traders identify significant swing highs and lows across multiple timeframes without switching charts. MTF ZigZag Indicator MT4 Overview The MTF ZigZag Indicator for MetaTrader 4 is an enhanced version of the classic ZigZag tool that helps…
AO Divergence Indicator MT4 is a tool that helps you detect divergences compared to the standard Awesome Oscillator. It will alert you and draw arrows whenever the price and the Awesome Oscillator histogram show a divergence. AO Divergence Indicator –…
The Turtle Channel Indicator MT4 automatically draws support and resistance levels based on the recent highs and lows of candlesticks. It provides three levels of support/resistance: short-term, medium-term, and long-term, depending on the number of candles you select. Trading with…
The 4 MA Strength Indicator for MT4 uses four moving averages to help you quickly identify the market trend through the colors of the bars displayed in the sub-window. Introduction The 4 MA Strength Indicator generates histogram bars below the…
The Trend Lord Indicator for MT4 helps you quickly identify market trends when they change, allowing you to spot opportunities for entering or exiting trades. Introduction After installing the indicator as usual, the Trend Lord Indicator MT4 will display vertical…
Indicators are one of the most important components of every trader’s trading strategy. However, installing custom indicators on MT4 can be confusing for beginners who are new to Forex and MetaTrader 4. In this article, IndicatorShare will guide you step…
The Pipsometer 5 Decimal MT4 helps you display the number of pips gained or lost from your current trades as well as from trades executed during the day. This is a useful indicator for traders to quickly manage and track…
The Harmonic Pattern Recognition Indicator MT4 helps you identify potential Harmonic patterns that may occur in the future based on historical price data. This allows you to make better decisions on setting take-profit / stop-loss levels or spotting new entry…
Daily Open Line MT4 is one of the most commonly used indicators that automatically draws a horizontal line showing each day’s opening price (the opening price of the D1 candle). The daily open line is especially important for scalping traders.…
Daily Range PeterE MT4 Indicator (ADR Indicator) provides you with information about the ADR (Average Daily Range), giving you an overview of the current day’s volatility compared to the average of previous days. It can help you decide when to…