Indicators – for Metatrader

About these forex indicators

What is a forex indicator?

A forex indicator is a tool that measures current market conditions and draws its calculation on the chart in the form of a line, histogram, text or other form. It does not open, manage or close trades.

Can I only use them for forex?

No you can use them on any symbol in your Metatrader Platform.

How to install them?

Once you download one, open your Metatrader terminal, click on file > open data folder and copy it into the folder MQL4 > Indicators.

For what platform are they for?

We offer Metatrader 5 and Metatrader 4 indicators (MT4/MT5). It’s written on each product page for what platform they are.

Do you provide free forex indicators?

Yes, we do provide some free forex indicators. Go to the product page to download the free version.

How do I test them?

Free demo versions only work in the Strategy Tester. To test them open your terminal and go to view > Strategy Tester, choose the forex indicator you want to test and click on start.

What is the best forex indicator to download?

There is no best forex indicator. Each performs better and worse in some market situations. There are Trend Indicators (Trend Trading/Trend-Following), Momentum indicators (Oscillator – determining overbought and oversold levels) and others.

Do they send notifications?

Some have the possibility to make notification like alerts, mail and push-notification but only if it is written on its product page.

Do these forex indicators also work with binary options?

Yes, they also work with binary options.