MT4-EA-Indicators

Donchian Scanner Signals Indicator for Metatrader 4

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Donchian Scanner Signals Indicator for Metatrader 4

In this article, we will showcase a modified indicator for Metatrader 4 called Donchian Scanner Signals, designed to display signals from this technical analysis tool on any timeframe and instrument provided by the broker. This indicator operates by presenting Donchian channel bands along with the following types of trading signals: Bullish and bearish crossovers of the upper band, lower band, … Read more

ADX Analyzer – ADX Signals Indicator for Multiple Timeframes for MT4

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ADX Signals dashboard

ADX Oscillator Signals Indicator for Multiple Instruments and Time Frames ADX-Analyzer, designed for the Metatrader 4 trading platform. This tool analyzes the general price trend in different markets using the ADX, an indicator that shows the strength of a trend . Through a signal dashboard that shows the ADX values, the indicator shows in which markets and periods there is … Read more

ILRS (Integral of Linear Regression Slope) Indicator for Metatrader 4

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ILRS moving average for Metatrader 4

In this article we are going to show a modified technical indicator for Metatrader 4 that plots an ILRS (Integral of Linear Regression Slope) moving average on any price chart of this trading platform. It is a free indicator that was designed by ForexDominion experts and can be downloaded at no cost. The ILRS is a little known and different … Read more

Moving Average Crossovers Dashboard Indicator For Metatrader 4

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Moving average crossovers are one of the most used trading signals in technical analysis systems to determine the trend direction and possible changes in the direction of the market. Many trading systems base their buy and sell signals on long and short-term moving average crossovers of different types (SMA, EMA, etc.) in combination with other technical tools. Therefore, here is … Read more

Guppy Multiple Moving Average Indicator For MT4

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In this article we present a custom indicator for Metatrader 4 that displays the Guppy Multiple Moving Averages (GMMA) indicator on any price chart. The indicator can be modified to calculate moving averages with different types of prices (such as closing price, opening price or maximum price) and to use different moving averages instead of EMA, such as SMA and … Read more

VIDYA Moving Average Indicator for MT4

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In this article we are going to present a custom indicator for Metatrader 4 that is designed to display a VIDYA adaptive moving average overlaid on the price action on the price charts. This indicator can be modified to calculate the moving average with different price types (closing price, opening price, maximum price, minimum price, median price, typical price and … Read more

RSI Signals Indicator for Metatrader 4

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In this article, we present a custom dashboard indicator for Metatrader 4, called RSI Signals, which displays multiple signals from the RSI indicator on different instruments and time frames. It is a free custom indicator where the trader can select the currency pairs and time frames they want to view. Also, it is able to show when the RSI is … Read more

KAMA Adaptive Moving Average Indicator for Metatrader 4

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KAMA moving average

In this article we present a modified indicator for Metatrader 4 designed to plot the KAMA Adaptive Moving Average on any price chart of this platform. It can be modified to show the moving average with different types of prices, such as the closing price, the opening price or the maximum price of each period. Before talking about this modified indicator, we are going to explain what the KAMA moving average is.

What is the KAMA moving average?

KAMA is short for Kaufman’s Adaptive Moving Average. This moving average is designed to automatically adapt to changing trend conditions, thanks to its calculation formula, which is similar to the one used to calculate the exponential moving average (EMA). The difference between the two moving averages is the smoothing factor K, which in the KAMA is determined by a much more complex formula than in the EMA.

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