Free Metatrader 4 indicators
Metatrader 4 is a modern trading platform that allows the development and use of its own technical indicators thanks to the use of the MQL4 programming language, which is quite easy to learn. Any trader with some programming experience can be design their own indicators in a short time. Even traders without programming knowledge can learn to use MQL4 in a few days if they have a good manual.
The customized technical indicators in Metatrader 4 should not be confused with Expert Advisors, since they do not perform any automated trade in the market, they only serve as a means to support our analysis of market conditions.
In this section we include a collection of technical indicators designed by expert traders which are based on all types of trading systems and traditional technical indicators. In some of these indicators we will give a small explanation on how they work and what they consist of.