The world’s most popular trading platform – MetaTrader 4 – has a comprehensive range of indicators to take your trading to the next level, wherever you are on your journey.
MT4 Indicators
Free tools to personalise your trading experience.
Orders indicator
The Orders Indicator allows you to monitor your own trades and analyse other traders’ activity. It shows your trades on the chart, pin pointing where a trade was opened and closed, and whether you made a profit or loss (shown in currency & in pips).
DownloadPip value calculator
Find out what the value of a 1 pip/point move is on any instrument in the base currency of your trading account and work out your risk to reward ratio. You can also use the indicator formula to manage your funds and create your own EAs.
DownloadPivots SR Levels
View daily, weekly and monthly pivot points and the corresponding support and resistance levels at a glance. The Pivot SR Levels indicator can be used as a breakout strategy and is really useful for when you want to set Stop Losses.
DownloadSpread indicator
View the current spread value in pips on the chart for the needed timeframes with this helpful and adjustable Spread Indicator.
DownloadMarket Data to CSV
Automatically record all historical bar data on your chart and every new tick to a csv file. To find your saved file, open the "MQL4" folder in the MetaTrader 4 directory and click on the "Files" folder.
DownloadDay Bar Info indicator
The real-time Day Bar Info Indicator displays quotes with 4 and 5 decimal places. It draws a daily candle on charts with timeframes up to D1 displays the size of upper and lower shadows, the body and the entire candle in points.
DownloadHow to use MT4 indicators
Register or log in to MyFXTM.
Choose your MT4 indicator and download it.
Experiment and get the latest market insights.
Develop your own strategy according to your risk profile and trading style.
Discover fresh trading opportunities!
More tools to guide you on your trading journey
FREQUENTLY ASKED QUESTIONS
A lot will depend on your own unique trading style and financial goals, as indicators on MT4 serve a range of different purposes. There are over 30 to choose from, but some of the most popular include MACD, Stochastic, Relative Strength Index (RSI) and Bollinger Bands.
This also depends on your trading strategy, but one of the most popular for FX traders is the Relative Strength Index (RSI). RSI highlights a temporary oversold or overbought condition in the market. An RSI value of over 70 represents an overbought market, and a value below 30 suggests an oversold market.
Start by opening your MT4 platform. Click on the Navigator window at the top left-hand side of your screen and open the folder labelled Indicators. Choose the indicator you’d like to use and drag it on to your price chart. A small window will pop up in front of you where you can set your chosen limits and start using your indicator.
We don’t mean to repeat ourselves here – but this also depends on your trading strategy. In the main, traders tend to follow the principle that the best time to trade is when the market is active or even volatile. Liquidity is an important factor too. It also helps to keep a close eye on the latest price trends, as a sudden hike or drop or prices could offer potential profit opportunities for traders on the ball.