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Free MT4 Forex indicator

Feb 11th 2011 at 4:39 AM

On this page you can download MT4 Forex indicator
that can be attached to the MetaTrader Forex trading platform to boost your Forex trading performance.

 

Advanced ADX Indicator


How To Use:
Advanced ADX sends 2 types of signals:
Buy - when the histogram is green
Sell-  when the histogram is red

When Long, the trading rules are:
- As long as each new green histogram bar keeps rising, stay in a trade, no worries there.
- Once the green histogram bar fails to make a new high - tighten you stop / or place a trailing stop while holding on to a trade
- Once the green has changed to red - exit. Also you'll exit earlier if the Stop Loss is hit.

Opposite for Short:

-As long as each new red histogram bar rises, stay in a Short trade -Once the red histogram bar fails to make a new high - tighten you stop / or place a trailing stop while holding on to a trade. -Once the red has changed to green - exit. Also you'll exit earlier if the Stop Loss is hit.

-DOWNLOAD-

File Opening Instructions:

 

Right click on the Download file and SAVE TARGET.

There is the Advanced ADX Indicator. Install downloaded Advanced ADX Indicator use the following steps :
Step By Step installation for MT4
1) Copy/Save the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder 
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application 
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

------------------------------------------------------------------------------------------------------------------

Color Stochastic Indicator


How To Use:
Color Stochastic indicator shows overbought and oversold levels.
Stochastic readings above 80 suggest market being overbought, Stoch line turns green;
while readings below 20 - market being oversold, Stoch line turns red.
Ability to see these areas at a glance helps to judge about trends and reversals.
While Stochastic stays above 80 (green line) - an uptrend is in progress.
At the same time a reversal momentum should be anticipated soon. In particular, traders should watch for developing reversal patterns such as:
- failure swing high,
- double top,
- head-and-shoulders pattern.

-DOWNLOAD-

File Opening Instructions:

Right click on the Download file and SAVE TARGET.

There is the Color Stochastic. Install downloaded Color Stochastic indicator use the following steps :

Step By Step installation for MT4

1) Copy/Save the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder 
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application 
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

 

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Awesome Signal Alert


This signal provides you with a graphical alert, Green BUY, Red SELL and a text box indicating it as well.

-DOWNLOAD-

File Opening Instructions:

Step By Step installation for MT4
1) Copy/Save the MQ4 file by Right Clicking and saving the MQ4 File into your C:\Program Files\MetaTrader 4\experts\indicators folder.
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application 
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

-----------------------------------------------------------------------------------------------

HAMA  Indicator


-DOWNLOAD-

File Opening Instructions:

Please,UnZip downloaded zipped file with WinZip software.
There is the HAMA . Install downloaded HAMA  indicator use the following steps :
Step By Step installation for MT4
1) Copy/Save the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder 
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application 
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

-----------------------------------------------------------------------------------------------

Daily Range Calculator


-DOWNLOAD-

Please,UnZip downloaded zipped file with WinZip software.
There is the Daily Range Calculator . Install downloaded Daily Range Calculator ,use the following steps :

Step By Step installation for MT4
1) Copy/Save the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder 
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application 
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

------------------------------------------------------------------------------------------------------------------

 

DSS Bressert Indicator


-DOWNLOAD-

File Opening Instructions:

Please,UnZip downloaded zipped file with WinZip software.
There is the DSS Bressert. Install downloaded DSS Bressert indicator use the following steps :
Step By Step installation for MT4
1) Copy/Save the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder 
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application 
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

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