Automated MT4 Indicators

MetaTrader 4 (MT4) is a beacon for retail traders worldwide, offering a user-friendly interface and advanced trading features for efficient execution.



2/27/20243 min read

In the realm of Forex trading, the MetaTrader 4 (MT4) platform stands out as a beacon for retail traders worldwide. Its user-friendly interface, coupled with advanced trading features, makes it a go-to for executing trades efficiently. Among its powerful tools, automated MT4 indicators are pivotal in helping traders analyze market trends and make informed decisions. This guide is meticulously crafted, infused with long-tail keywords for those specifically in pursuit of knowledge on "automated MT4 indicators," aiming to steer you through the sea of resources available.

MQL4 Community

Dive into the MQL4 Community for Automated MT4 Indicators: The MQL4 Community is the official hub for all things related to MT4 programming. It's where you can find a plethora of custom indicators, scripts, and even advice on how to create or tweak your own automated indicators. Engaging with this community can provide insights and access to indicators not readily available on the generic MT4 indicator list.

Forex Factory: The Traders' Forum

Forex Factory: A Goldmine for MT4 Indicator Strategies: Forex Factory isn’t just a forum; it’s a sanctuary for traders to discuss strategies, share trading results, and, importantly, share custom MT4 indicators. The collaborative atmosphere allows for the exchange of unique indicators, often accompanied by detailed explanations and trading strategies.

GitHub: The Code Repository

Explore GitHub for Open-Source Automated MT4 Indicators: While GitHub is more renowned in the programming world, it's also a valuable resource for traders. A quick search for "MT4 indicators" can unearth repositories where developers have shared their custom-built indicators. These can range from simple trend-line tools to complex algorithms designed to automate your trading strategy further.

YouTube: The Visual Learning Platform

YouTube Tutorials for Installing and Using Automated MT4 Indicators: Sometimes, getting the hang of new indicators, especially automated ones, can be challenging. YouTube hosts a wealth of tutorials that not only guide you through the installation process but also teach you how to utilize these indicators to optimize your trading strategy.

MetaTrader Market: The Official Indicator Store

Purchase and Download Automated Indicators from the MetaTrader Market: For those willing to invest in their trading tools, the MetaTrader Market is an official digital store where traders can buy automated MT4 indicators. These indicators are vetted by the platform, providing a level of trust and security in your purchases. It's a straightforward way to access sophisticated tools that might not be available for free.

Here is a complete list of the indicators available in MT4, organized by category:

Trend Indicators

  1. Moving Average

  2. Bollinger Bands

  3. Moving Average Convergence/Divergence (MACD)

  4. Parabolic SAR

  5. Commodity Channel Index (CCI)

  6. Relative Strength Index (RSI)

  7. Force Index

  8. Standard Deviation

  9. Moving Average of Oscillator (OsMA)

  10. DeMarker (DeM)

  11. Envelopes

Volume Indicators

  1. Volume

  2. On Balance Volume (OBV)

  3. Money Flow Index (MFI)

  4. Accumulation/Distribution (A/D)

  5. Real Volume - Depending on the broker's data source.

Oscillator Indicators

  1. Money Flow Index (MFI)

  2. Awesome Oscillator (AO)

  3. Stochastic Oscillator

  4. Accelerator Oscillator (AC)

  5. Williams’ Percent Range (%R)

  6. Detrended Price Oscillator (DPO)

  7. Volume Oscillator

  8. Relative Vigor Index (RVI)

  9. Chaiking money Flow (CMF)

Bill Williams' Indicators

  1. Alligator

  2. Fractals

  3. Gator Oscillator

  4. Market Facilitation Index

  5. Awesome Oscillator

  6. Accelerator Oscillator

Other Indicators

Depending on the specific setup and plugins provided by the broker, MT4 users might have access to additional custom or third-party indicators. However, the list above covers the standard pre-installed indicators that come with the MT4 platform.

Custom Trend Indicators

Custom Volume Indicators

Custom Oscillator Indicators

Custom Bill Williams' Indicators

  • Although the list of Bill Williams' indicators provided is comprehensive, users have developed variations and extensions of these to suit specific trading strategies.

Market Sentiment Indicators

  • Sentiment indicators are not standard in MT4 but are highly sought after for gauging market mood.

  • COT (Commitment of Traders) Report Indicators

Custom Pattern Recognition Indicators

Other Custom Indicators

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a tall building with a red light at the top of it

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