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Best Forex Broker 2022
Most Innovative Forex Broker 2021
Most Active Broker in Asia 2020
according to AtoZ Markets
Best Affiliate Program 2022
according to Global Brands Magazine
Best Forex Broker Latin America 2022
according to International Business Magazine
Best Managed Account
according to IAFT Awards 2019
What are indicators?
Indicators are technical tools used to analyze price dynamics. Based on the most common patterns and typical market behavior scenarios, they enable traders to predict favorable moments for opening or closing positions.
For beginners
Analysis tools to assist novice traders
For experienced traders
Opportunity to improve forecast skills
For advanced traders
Tools to enhance trading efficiency
For professionals
Tools to make trading easier
Installation manual
Step 1
Step 2
Step 3
Step 4
Step 5
Step 6
Download the archive containing indicators to your device. Unpack it.

Open the MetaTrader4 platform, select "File" from the menu, and click "Open data catalogue". In the folder that opens, find and go to the MQL4 section. Then click the Indicators catalogue.

Copy the files with the "ex4" and "mql" extension downloaded and unpacked earlier to the MQL4/Indicators folder (see Step 1). Then close the MQL4/Indicators folder. Restart Metatrader4.

Reopen the platform

Select the Service tab from the menu and then go to "Settings". In another top horizontal menu that appears, click the Expert Advisors section.

    In the pop-up menu, tick the boxes next to the following sentences:
  • Allow automated trading
  • Allow DLL imports

At the bottom of the window, click "ОК". Restart Metatrader4.

Open the currency chart which you want to equip with an indicator. At the top of the platform, go to the Insert section, find "Indicator", and then click "Custom". Select the name of the previously installed indicator from the list box.

In the window that appears, select the necessary indicator parameters (visibility levels, color scheme, etc.). Make changes if necessary and click "OK". After that, you will see a chart with the selected indicator.

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Examples of indicators
Ladder Bottom
It is a reversal pattern indicator that appears following a bearish trend. The indicator signals that buyers are strong enough despite the fact that the market hits fresh lows at the close of trading.
Three Stars in the South
It indicates a gradual weakening of a bearish trend as the intraday price dynamics get less robust while daily lows move higher.
Two Crows
It is considered to be a reversal or bearish pattern. An upward trend is supported by a long white candlestick.
Harami Cross
The pattern represents a large candlestick followed by a smaller one. It is exactly the relative body size of these two candlesticks that makes the Harami a significant reversal pattern.
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