Renko Chart Indicator for Metatrader 4

2021-05-26T18:24:33+00:00By |Categories: MT4-EA-Indicators|Tags: , |

The MT4 platform is undoubtedly one of the most popular trading platforms among retail traders who regularly trade Forex, CFDs, and precious metals. Despite the popularity and numerous reviews of the MT4 platform, there has been little to no improvement when it comes to including other types of charts. In its current version, Metatrader only [...]

Free Scalping Indicator for Metatrader 4

2021-01-21T17:58:35+00:00By |Categories: MT4-EA-Indicators|Tags: , |

Introduction Scalping is a very popular trading style because it allows obtaining multiple profits with short term trades and can be used in practically any asset and financial instrument. Likewise, it does not require a deep knowledge of fundamental analysis (although it is always convenient to take these events into account) or technical analysis. In [...]

Mcginley Dynamic Indicator For Metatrader 4

2020-09-13T16:25:57+00:00By |Categories: MT4-EA-Indicators|Tags: , |

The Mcginley Dynamic Forex indicator for the Metatrader 4 platform is an indicator based on moving averages that has a smoothing factor to reduce false signals. Its trading signals are very simple: If the price action is above the Mcginley indicator: look for possible buy signals. If the price action is below the Mcginley indicator: [...]

Pattern Recognition Master Indicator for Metatrader 4 and 5

2020-07-29T18:41:46+00:00By |Categories: MT4-EA-Indicators|Tags: |

In this article we will explain a custom indicator for Metatrader 4, called Pattern Recognition Master, which detects different price patterns in charts automatically, which save time for the trader and eliminates the possibility of ignoring patterns or confuse one price pattern with other. For many traders, the price action is the best indicator of current and [...]

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