On chart text editor indicator

multiple options.

Ehlers Optimal Tracking Filter indicator (original)

Please also see: Ehlers indicators for more advanced codes.

All Volume Averages - by Igorad

This Volume indicator helps to detect Volume Breakouts at the market and can also be used to confirm the signal. 

Ferru FX Universal Strength Meter PRO


This is more than a basic strength meter. Instead of limiting the calculation to price, it can be based on any of the 19 integrated strength modes + 9 timeframes.

With the FFx USM, you are able to define any period for any combination of timeframes. For example, you can set the dashboard for the last 10 candles for M15-H1-H4… Full flexibility!

Very easy to interpret... It gives a great idea about which currency is weak and which is strong, so you can find the best pairs to be traded in good confidence.

Example: If EUR is strong and USD is weak, then you can look for long entries on your EURUSD chart.

It also includes an alert when specific currencies reach strong or weak levels.

Then all usual parameters for the standard indicators like provided in your MT4 platform.
The dashboard can be displayed in a compact mode, to monitor only two currencies for the current chart.

Indicator allows you to draw the graph in the main window of any instrument, any period **, dopchart can be moved to any point of the window (move the marker TXT) graphics can be compressed, stretched (vertically) and invert

Set the KoefJPY parameter to 0.01

* It is based on Instrument2.mq4 by Denis Orlov

Quasi-Volume bars indicator


This indicator brings together groups of consecutive bars on the chart with approximately equal volume.

Besides singling out groups of bars by a sketch of a rectangle, this indicator makes them stand still and the color that shows in what direction directed this group of roughly equal volumes. With the default settings, the blue color indicates an upward trend, and red accordingly - downward.

If you have paid attention to a screenshot of the indicator , you probably have noticed that in the graph are drawn not only rectangles, but the segments above and below the rectangle.

This "structure" should be treated according to the rules "candlestick", ie, a rectangle -.. Is the body of the candle, and the segments - a shadow of a candle. If the box is red, then this "candle" downward, and boundary of the rectangle - this is the price of opening and closing the inside of the rectangle.

If you reduce the scale of the graph to the minimum, then the graph will be only red and blue rectangular zone indicator , and the segments turned into a shaded area and become part of the overall rectangle that can be useful to look at the big market of the period for the identification and analysis of the general current trend.

How to use this indicator

When properly configured, it can and should be used to identify current trends in senior time frames, or simply on a large period of the schedule, and the opening of the transaction on a smaller time frame and rigorously towards trend.

Fat Wick Candlestick indicator for MT4

Esignal styled Candlesticks for MT4 charts. Also good for those who are visually impaired.

Replace MT4 candlesticks with wider candles display.