Tag: forex services

The Full Forex Market View Dashboard is an indicator, it is found on the MQL 5 marketplace, we have added a link to the indicator below. The indicator was first uploaded by Opengates Success International on the 24th of June 2019, it has had a few updates since, the most recent update was on the 13th of January 2020 and is currently on version 1.7.

Overview

The Full Forex Market View Dashboard is an indicator for the MetaTrader 4 trading platform. Its main use is to give traders a full view of what is going on within the markets, it can be sued for solo trading, basket trading and to help confirm the validity of a signal received from another trading system.

The indicator has a few different components, including:

• Time Frames: From M1 to MN1 Current Candles status (Buy/Sell)
• Trend: Overall trend of the currencies

Impacts: The magnitudes/volatility of the currencies’ movements, see below:

• Build-up: The currency is just building up
• Good: The currency is getting serious
• High: The currency is worthy of interest
• Strong: The direction is to be considered
• Very strong: This currency is near perfect
• Excellent: The peak of the signals that we are good to go
• Changes: The currency movements is sideway, losing or gaining points
• Rates: Reliability of the currency to be considered for trading
• Trade: The name of the currency pair ready for trade

When using the indicator, all time frames should agree with each other, the trend will say which way the markets are going, the signal will display a buy now or sell now alerts, the change must be positive, and there are also a few other factors that affect the signals of the indicator.

Service Cost

The indicator can be purchased for $135 which will give you unrestricted access to it, you are also able to rent the indicator, you can do this on a monthly basis which will cost you $35 per month. There is a free version available, this demo will have some limitations, unfortunately, we do not know what he limitations re as they are not stated on the website.

Conclusion

Just three reviews are available, the ratings given by these revies have given the indicator an overall rating of 3.5 out of 5.

“An indicator does not help in the period of volatility. If you do not have the experience, stay away from this indicator” – A 1-star review.

“I bought a lot of indicators and this product is the best one. Thank you Olufemi for amazing indicator and your support and also thank you for the green pips which I get from your product.” – A 5-star review.

“Awesome support from the author Olufemi and a Great indicator!” – A 5-star review.

With two positive reviews and one negative, we are not entirely sure on the negative one as many indicators and expert advisors would not function as well during high volatility, and the date of the review shows that it was given during the Coronavirus outbreak which would prevent many indicators from functioning at their optimum levels. The developer has been replying to comments which is a good sign. We would suggest using the free version to test it out, even with its limitations it will give you an idea of how the indicator works and you can be sure that it is the right one for you.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/23156

Dynamic Zigzag Levels is a piece of software that can be found within the indicators section of the MQL5 marketplace, we have provided a link to it just in case there are multiple indicators with similar names. The indicator was first uploaded on the 29th of October 2015 by Aleh Sasonka, it has received updates, the most recent update was on the 6th of May 2016, this brought it up to version 1.10.

Overview

The Dynamic Zigzavg Levels indicator can be used with the MetaTrader 4 trading platform, the indicator will display the two nearest zigzag levels. It will show the resistance and the support levels, the levels are calculated by the standard ZaigZag indicator.

The indicator should be used along with your manual trading and can be used on any timeframe, there will be an audio alert when a level s touched or broken through.

There are a number of settings available for the indicator:

-The period of history to calculate = 500 – history period, within which the levels (in bars) are searched for
-Depth – the setting indicator zigzag = 12 – ZigZag indicator parameter
-Deviation – the setting indicator zigzag = 5 – ZigZag indicator parameter
-Backstep – the setting indicator zigzag = 3 – ZigZag indicator parameter
-The color of the line-Up = SteelBlue – Up line color
-The color of the line Dn = SteelBlue – Dn line color
-An audible signal to the level crossing = false – enable the level crossing audio alert
-Sound File = “alert.wav” – select a sound file for the audio alert

Service Cost

The indicator will cost you $10 to purchase it outright, unlike a lot of indicators on the MQL5 marketplace, there is no option to rent this indicator due to its low price. The site indicates that there is a free version available, however, we do not know what the limitations of this free version are.

Conclusion

Unfortunately, there aren’t any reviews available, so we do not know if the users that are using the indicator are getting it to work properly. There are 6 comments, but all of them are from the indicators creator, as there are no reviews, we would highly recommend that you download the free version to test out, you should also contact the developer with any queries that you may have [prior to making a purchase, this way you can make sure that it will suit your needs.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/12329

CCI Alerts with Arrows is found on the MQL5 marketplace, it was created by Yurij Izyumov and was uploaded on the 21st of August 2018, it has not received any further updates so it is still at version 1.0.

Overview

CCI Alerts with Arrows is an indicator that was designed to be used with the MetaTrader 4 platform, it is a modified Oscillator for the CCI (Commodity Channel Index) which comes with multiple different signals. It was designed to give a signal at a specified level will be detected.

The following events have been programmed into the indicator:

-crossing top-down – over the upper signal level (default 100) – the sell signal
-crossing bottom-up – over the upper signal level (default 100) – the buy signal
-crossing top-down – over the lower signal level (default 100) – the sell signal
-crossing bottom-up – over the lower signal level (default 100) – the buy signal
-crossing top-down – over the zero signal level (0) – the sell signal
-crossing bottom-up – over the zero signal level (0) – the buy signal

There are also a number of different parameters available, these include the CCI period, max level, min level, applied price, which notification type to send, whether to show arrows, messages, and more.

Service Cost

The CCI Alerts with Arrows indicator will currently cost you $30 to purchase it outright, this will get you up to 1000 activations of the indicator. There is not an option to rent it so purchasing it outright is the only option. There is a free demo version available, this version can only be used with eh strategy tester within the MT4 platform.

Conclusion

There are currently no reviews or ratings for the CCI Alerts with Arrows, so we do not know whether people are finding it useful or not, there are also no comments which means we cannot tell whether it is being supported by the developer. Due to these reasons, we would strongly suggest that you download and try out the free version of the indicator, but also contact the developer with any queries so you can be sure that it will do what you need it to do and also that it is still being actively supported.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/29166

Blahtech Supply Demand it an indicator that can be located on the MQL5 marketplace, they may be others with similar names so we have provided a link below. The indicator was created by Blahtech Limited, it was first released on the 4th of January 2016, it has been updated a few times since then, the most recent update was on the 17th of October 2019 and is currently at version 3.1.

Overview

The Blahtech Supply Deman is an indicator that can be used with the MetaTrader 4 trading platform. The indicator uses previous price action in order to identify potential imbalances between buyers and sellers. It will not only highlight the higher probability zones using multiple criteria, but it will also combine it with multi-timeframe trend analysis.

The Blahtech Supply Demand feature list:

• Multi-timeframe display
• Backtest directly on the chart
• Summary panel
• Multi-timeframe trend analysis
• Confirmed swings (high and low QPoints)
• Zone strength engine (seven criteria)
• Advanced level detection (peaks, consolidations, drop-base-drops)
• Quarterly and Yearly levels
• Control of overlapping levels
• Configurable level information
• Fast access hot-keys
• Alerts
• Engulfing detector – Multi-timeframe
• Visibility Filters (customizable)
• Old zones (broken levels or trend changes)
• A highlight of Nested zones

There is also a range of settings that can be changed to slightly alter the way that the indicator functions, these include things like Q Points, timeframes, hot eys, the strength engine, visibility filters, old zones, alerts, and more.

Service Cost

The indicator will cost you $149 to purchase, this will give you unlimited access to it, should you prefer, you are also able to rent it, you can rent if you one month which will cost you $30, or you can rent it for 3 months which will cost you $40. There is also a limited free version available, this will allow you to use it on demo accounts and not on live accounts.

Conclusion

There are 23 reviews available for the Blahtech Supply Demand indicator, these reviews have resulted in it receiving a rating of 5 out of 5.

“Excellent indicator ….. a must for any supply-demand trader …… the backtest mode is a great tool …… thanks for the developers” – A 5-star review.

“Best SD indicator ever. Zero lag on CPU despite a boatload of useful features. Backtest mode is the bomb. You can tell these guys know what they’re doing. Highly recommended if you’re an SD trader” – A 5-star review.

“Isn’t any better than the free ones out there. Certainly isn’t worth $200” – A 2-star review.

So not everything is perfect but the majority of reviews seem to indicate that the indicator is working well and doing what it is supposed to, there are also a lot of comments, the creator seems to be replying to them pretty quickly which is a good sign for you customer service that you may receive. As always, be sure to download the free demo version, just to make sure that you are able to get it to work and that it suits your needs prior to making a purchase.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/13712

Auto Trend Lines has been created by Semion Tremsin and was first uploaded to the MQL5 marketplace on the 6th of March 2015, it was most recently updated on the 25th of March 2020 and is at version 1.6.

Overview

Auto Trend Lines was created for the MetaTrader 4 trading platform and was designed to show the resistance and support levels within a chart.

The indicator uses three points to draw its levels:

-Identified points are marked on the chart.

-The indicator shows the breakthrough price for both bullish and bearish trends (if found).

-You can specify how many bars the indicator shall look in order to identify supporting points.

You can also select the timeframe that you want the indicator to work with so you can have it showing details for a timeframe other than the one you are looking at.

Service Cost

The Auto Trend Lines indicator can be purchased for $30 to purchase it with a one-off payment, this version does not have any limitations and can be activated 5 times. There is also the option to rent the indicator, you can do this on a monthly basis which will cost you $10 per month, or for a six-month rental, it will cost you $19.99.

There is a free demo version available, but as there is no information on the site about the free version it normally indicates that it may only be used within the strategy tester of MetaTrader 4.

Conclusion

Unfortunately, there are no user reviews for the Auto Trend Line indicator which means we cannot see how the people who are using the indicator are finding it or if it is doing what it is meant to do. There are a number of comments from people who have purchased or rented it, most are simply asking for a bit of clarification, the developer has answered all queries promptly including ones in MArch 2020 which show that it is still being actively supported by its creator which is a good sign. Due to there being no reviews, we would suggest trying the free version, also send any questions you may have to the developer so you can be sure that the indicator is right for you before you make a purchase or a rental.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/8389

The Best Currency Strenght Indicator can be found on the MQL5 website and marketplace, we have provided a link so there is no confusion as to which indicator we are looking at. The indicator was first uploaded on the 18th of December 2019, it has had a number of updates the most recent update was on the 29th of February 2020 and is currently on version 3.8.

Overview

The Best Currency Strength Indicator is an indicator that has been designed to be used with the MetaTrader 4 trading platform. It breaks down the currency strength of 28 currencies pairs into their individual currencies and works across all timeframes. It is useful as it will allow you to see the true movements of the markets, allowing you to buy strong currencies and sell weaker currencies.

A few of the special features of the indicator:

-No more spending hours analyzing all charts. Analyze the Forex Market in 1 window (1 minute).
-Choose any custom time you want to start calculating currency strength.
-Get signals directly to your phone anywhere you are.
-Be notified when there’s a new signal by turning on Alerts.
–Currency Strength Meter Dashboard (showing all the values, dates, time, and connection speed in milliseconds).
-Multi-Timeframe Currency Strength Dashboard (Calculated across all timeframes).
-28 FOREX pairs + Gold + Silver + 5 additional pairs of your choice (Stocks, CFD’s, Crypto Currencies, Indexes, or any chart).
-Special period separators (showing months, days and times)
-And more.

There are also a whole bunch of parameters that can be used to alter the way that the indicator functions, some of these include prefix, suffix, the maximum number of bars, start hour and minute,m alerts, and more.

Service Cost

There are a few different ways that you can purchase the indicator, you can buy it outright for $149, this will give you unlimited access to the indicator. You are also able to rent it. You can rent if for a period of 3 months which will cost you $49, you can also rent it for 6 months which will cost you $79, or you can rent it for 1 year which will cost you $119. There is also a free demo version available, this will have some limitations, we are not entirely sure what they are but the free version may only work on demo accounts.

Conclusion

At the time of writing, there are currently 24 reviews available on the Best Currency Strength Indicator, they have given the indicator an overall rating of 4.5 out of 5.

“Seller is very helpful and the indicator is showing a lot of promise. I Will update after a while, but for the meantime, it appears to be impressive.”

“10 Stars…Yes, this indicator is the best I have used for many 2 years… Easy to understand, just follow the crossing signal, then execute it… I got 50% profit in 1 day… Tomorrow, I will hunt again… Excellent…“

“This indicator is very good and it has great potential, I Express my gratitude to the author of this indicator for his support. Thank you very much for this indicator.”

There is a one-star review, but the user did not leave a comment, so the reviews available all look very positive, the creator also seems to be very responsive to comments and is replying to them promptly, this indicates that the support received should be of a good level. Even though the majority is positive, we would still recommend that you download and test out the free version before making a purchase.

This Forex service is currently available at the following web address: https://www.mql5.com/en/market/product/34021

Ultimate Double Top Bottom Reversal Indicator can be found on the MQL5 marketplace and was created by FXsolutions, it was first uploaded on the 20th of November 2017 and has since been updated a few times, the most recent update was on the 24th of April 2018 and it is currently at version 1.6.

Overview

Created for the MetaTrader 4 trading platform, Ultimate Double Top Bottom Reversal Indicator is an indicator that was designed to look for doubly tops and double bottoms in the markets.

The indicator will draw the double tops and double bottoms onto the chart and will then send a notification when a high probability one is created.

Some tips from the creator:

-I use this indicator on M30 and higher. Then there is less noise in the price moves and I have usually more time to react on entry signals.

-When a signal occurs then ask yourself if there is enough room for a big subsequent move in direction of the trend (support/resistance far away?).

-In terms of parameters, there aren’t many, just options for alerts when there are long or short signals generated and whether the alerts should be within MT4 or via email.

Service Cost

The indicator can be purchased for $59, this is a one-off payment for a limitation free indicator. You can also rent it for a 1 year period for $49. There is a free demo version available, this will have some limitations added to it but they are not stated on the site, it may be worth downloading to see how the indicator works and to ensure that it is the right one for you before you make a purchase or rental.

Conclusion

The Ultimate Double Top Bottom Reversal Indicator currently has 11 reviews giving it an overall rating of 5 out of 5.

“This is a brilliant indicator. Not only can you see it on your MT4 charts, but you also get notifications of each signal in a free Telegram Channel. Well done Mike. Can’t wait to try some of your other indicators.” – A 5-star review.

“This nifty indicator catches the Double Top & Double Bottom well! Should have just bought instead of renting it! Worth every penny, saving time and efforts looking for such setups. If traded with proper money management, you’d get every penny back and more, not something I can say of the many indicators out there. Highly recommended. Good job & thumbs up!” – A 5-star review.

Lots of positive reviews and even more comments within the comment section, the developer Mike has been replying to each and every comment which shows a lot of dedication to supporting the product and that is a very good sign. So the indicator works well and the developer is there to support the userbase.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/26371

Currency Strength Exotics can be found within the indicators section of the MWQL5 marketplace, we have added a link to the exact indicator below. The indicator was created by Bernhard Schweigert and first uploaded on the 11th of October 2016, it has had a number of updates, the most recent update was on the 16th of January 2020 and it is now at version 1.90.

Overview

Currency Strenght Exotics is an indicator designed to be used with the MetaTrader 4 trading platform. The indicator has been created to specialize in showing the currency strengths of exotic pairs, commodities, indices, and futures.

The indicator works with all time frames and works with assets such as Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH, and more. The indicator will show the strength lines of 8 main currencies (AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD) plus one additional symbol. It helps to tell you the true values, so if XAUUSD (gold/USD) is moving up, it will tell you whether it is Gold that is strong or USD that is weak, you would only trade long if Gold is showing as strong, it will also show currency strength Fibonacci levels.

There are a number of parameters and settings available, these include things like which exotic pairs, to auto get names, suffixes, what lines to draw on the charts, colors, and many more options are available too.

Service Cost

You are not able to purchase the indicator outright, instead, you are required to rent the indicator, you are able to do this over two timeframes, you can rent it for three months which will cost you $98, or you can rent it for one year which will cost you $128 per year. There is a free version available, however, we do not know if there are any limitations to the free version, but we suspect that there will be such as only being able to use it on a demo account.

Conclusion

There are 9 reviews available for the Currency Strength Exotics indicator, all of the reviews are positively giving he indicator an overall rating of 5 out of 5.

“Astonishing indicators. +5 stars!! Still backtesting and will update as I succeed with this strategy. Bernhard helps with everything! So glad I found him. GO Bernhard!” – A 5-star review.

“Bernhard’s products are really amazing and easy to use. He is a responsible seller with great service and very quick response. This is a very nice and unique tool to have. I use it on my live account. I tried on Dax, Dow Jones, brent oil, and gold. Wait for a double-gap with USD. H4 shows very good the trend direction and divergences. I definitely recommend the indicator to other traders. Easy 5 stars!” – A 5-star review.

“Great indicator, Great Support, Alarm/Notification on crossing would make this indicator 110%. Works well for me on Gold and Indices.” – A 5-star review.

The indicator is getting a lot of very positive review which is a great sign, the comment section also has a number of comments, the creator of the indicator is actively replying to the comments which is great to see. Even though the reviews re all positive, we would still recommend that you download and try out the free version, just to make sure that you are able to get it functional and working as intended prior to making a rental.

This Forex service is currently available at the following web address: https://www.mql5.com/en/market/product/18696

Magneto Reverse Signal can be found within the MQL5 marketplace, it was created by Vladimir Blednov and was first uploaded on the 5th of September 2017, it has had a number of updates, the most recent update were on the 23rd of March 2019 and this brought the indicator up to version 1.31.

Overview

Magneto Reverse Signal is an indicator that can be sued with the MetaTrader 4 trading platform, the indicator is based on candlestick analysis and can be sued to help identify reverse points.

Some of the main features of the indicator:

• It does not redraw.
• Suitable for scalping and medium-term trading.
• Any timeframe, but H1 and higher are recommended.
• The number and quality of signals, the potential profit/loss is determined by the user and visible right away.
• Configuration using a movable panel right on the chart.

There are some parameters that come with the indicator, these include options for the bars, periods, gate, panel, alerts, and arrow point gaps.

Service Cost

The Magneto Reverse Signal can be purchased for $89, this will get you up to 5 activations of the software, there is also the option to rent the indicator, this will cost you $15 per month to do. A free demo version is available to use with the strategy tester within the MT4 platform.

Conclusion

There is no user review for ratings so there is no feedback available in regards to the quality or usefulness of the indicator. There are a number of comments, all of them are from the developer, the most recent was back in 2019 so it is not clear whether it is still being actively supported, in order to check, we would suggest sending your questions and queries to he developer to see whether it is still supported.

This Forex service is currently available at the following web address: https://www.mql5.com/en/market/product/25193

MTF Support Resistance MT4 can be found within the indicators section of the MQL5 marketplace, it was first uploaded on the 25th of September 2018 by its creator Mohamad Zulhairi Baba. It has has a few updates, the indicator most recent update was on the 25th of September 2018 (same day as a release) and this brought the indicator up to version 1.11.

Overview

MTF Support Resistance MT4 is an indicator that can be sued with the MetaTrader 4 platform (a MetaTrader 5 version is also available), its main purpose is to act as a multi-timeframe, support and resistance indicator that can measure the last 320 bar of support and resistance. The indicator can be attached to whichever timeframe the user desires.

The key features of the indicator as described by the developer:

• User input desire timeframe (default Period H4)
• User input numbers of last bars (default 320 bars)
• User input measurement of last HH and LL (default 10 bars)
• Line styling and colors

Service Cost

You are able to purchase the MTF Support Resistance MT4 indicator for $30, this will give you up to 10 activations of the indicator. There is not an option available to rent the indicator so the one-time payment is the only option to get it. There is a free demo version available but the limitations of this free version are not known or stated on the site.

Conclusion

Unfortunately, there aren’t any reviews or ratings given to the indicator so we do not know whether it is useful or that it is doing what it was designed to do, there also aren’t any comments so we do not know whether it is still being supported by its creator. We would suggest contacting the developer, this way you can ensure that it will still be supported once you make a purchase and also that it will, in fact, do what you need it to do.

This Forex service is currently available at the following web address: https://www.mql5.com/en/market/product/31984

The Netsrac ADR Dashboard can be found on the MQL5 marketplace, we have added a link to the indicator and the end of this FX service review. First uploaded on the 10th of December 2018, the indicator has received a few updates and the most recent one was on the 28th of February 2020 and is currently at version 3.3. The indicator was created by Carsten Pflug.

Overview

Netsrac ADR Dashboard is an indicator designed for use with the MetaTrader 4 trading platform, it will help provide you with a quick overview of the daily, weekly, and monthly ranges of an asset. “In “single asset mode” the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. If a configured threshold is exceeded, the dashboard can send a screen alert, a notification (to the mobile MT4), or an email.

The information provided can then be used to help information confirm other signals that you have.

Service Cost

The Netsrac ADR Dashboard can be purchased as a one-off payment for $59 which is a limited free version of the indicator, there is also the option to rent the indicator this can be done on a monthly basis which will cost you $19 per month, you can also rent if for a six month period which will cost you $30 for the full six months.

A free demo version is also shown, it will have some limitations but they are not made clear on the site, it still may be worth downloading to try out even with the limitations that it will have.

Conclusion

At the time of writing the Netsrac ADR Dashboard has 4 reviews, the reviews have given it an overall rating of 4.5 out of 5.

“Great dashboard!!! It still has some things to improve but it’s a really good instrument I like it very much!!! Carsten is also very helpful!!“ – A 5-star review.

“I am quite familiar with ADR indicators, and this is without a doubt the best and most powerful ADR indicator I have seen thus far. It takes a little time to learn how everything works, but the developer is very helpful to answer questions and to provide solutions if needed. I have complete confidence in this product and in the ability of the coder (Carsten) who created it. Highly recommended!“ – A 5-star review.

“Excellent Indicator. If you can add another column for the underlying trend short term and long term trend this will be a perfect indicator for level traders.” – A 4star review.

Along with the positive reviews are a number of comments, the developer seems to be responding quickly to any comments that come up which shows that he is still actively supporting the indicator and its clients. This is a great thing to see, even with so much positivity, be sure to try the free version or to contact the developer with any queries to help ensure that the indicator will suit your needs before making a rental or purchase.

This Forex service is currently available at the following web address: https://www.mql5.com/en/market/product/33805

Leading Arrow MT4 is located within the MQL5 marketplace, there is a link to the exact indicator that we are looking at below just in case there are others with similar names. The Leading Arrow MT4 indicator was uploaded by Yohana Parmi on the 7th of December 2019, it was most recently updated on the 19th of January 2020 and is currently on version 2.21.

Overview

The Leading Arrow MT4 indicator was designed for use with MetaTrader 4, it is a leading indicator and does not repaint and is not lagging.

The indicator has been made to be as simple as it can be, it will simply display an arrow which points in the direction of the market. It is designed for those that like to use price action and understand its importance in trends. It can be sued ion any timeframe but it works best on theHJ1 timeframe.

How to use the indicator:

Buy: Simply waiting for the arrows to appear as a buy sign in the last candle, or without having to wait in front of a computer is just wait until receiving a notification on a smartphone then check the chart. Opening buy position is the moment when a new candle has just appeared.

Sell: In general, it is the same as buying momentum as written above, which is only by waiting for the arrow notification to come as a sign of selling.

Target, stop-profit, and stop-loss Please use any support and resistance (SR) techniques. The indicator has also provided classic SR (optional) as an additional confirmation for your own SR Strategy.

There are also a number of different parameters, some of them include using candlestick charts, to display titles, arrow sizes, colors, to chow market rejection, the minimum length of tail, bars, and many more.

Service Cost

It will currently cost you $98 to purchase the indicator outright and to have unlimited access to it, there is also the option to rent it on a monthly basis which will cost you $58 per month. There is a free version to try out but it does not have any of its limitations stated on the site so we are not sure what they may be.

Conclusion

Just two reviews are available, they have given the indicator a rating of 5 out of 5.

“This is the 2nd product I bought from this author. A2SR and Leading arrow indicators make a good combo and contribute greatly in my trading. The screenshot of the first trade taken with the indicator is posted in the comment section. Expect more success moving forward…” – A 5-star review.

“Good!” – A 5-star review.

Both reviews are positive, there are also a number of different comments, the developer seems to be actively replying to them which show that they are still supporting the indicator. We would suggest trying out the free version to ensure that the indicator works for you, you could also send any queries or questions that you may have to the developer s you can make sure its the right indicator for your needs.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/44280

The KL Truncated Support Resistance Lines is an indicator that can be found and purchased from the MQL5 marketplace, to avoid any confusion with any other indicators with a similar name, we have provided a link to it below. The indicator was first uploaded to the MQL5 marketplace on the 12th of July 2016, it was last updated on the 11th of November 2016 and is on version 1.14.

Overview

This indicator is designed to work with the MetaTrader 4 trading platform, it works by adding fresh and valid lines of support and resistance to the charts. If price hits the resistance or support levels then the line is no longer drawn, they can be used to help determine breakout levels. The tool works well for scalpers and day traders and can work on any chart time or time frame.

The following inputs are available for the indicator:

The period in minutes which according to its lines are plotted. Value 0 means the current period.

Delete lines if the chart period is changed? If you want to see truncated S/R lines for a fixed indicator period, then set false value.

Colors of resistance lines.

Colors of support lines.

Style of short-range lines of support and resistance.

Width of short-range lines of support and resistance.

Style of long-range lines of support and resistance.

Width of long-range lines of support and resistance.

Amount of bars in a short time range. If the amount of bars on the chart is lower than double the amount of bars of short-range, then this value is automatically divided by two.

Total amount of bars for long time range.

Are the lines of support and resistance will be selectable.

Delete old insignificant lines reached by price.

ZigZag depth – according to it lines of support and resistance are plotted.

ZigZag deviation – according to it lines of support and resistance are plotted.

ZigZag step – according to it lines of support and resistance are plotted.

Scale fix and set price level in the middle of the chart.

Service Cost

The KL Truncated Support Resistance Lines indicator can be purchase for $12.50, this is an outright purchase and there is no option to rent it for a shorter period of time. There is a free version available, but we do not know what the limitations of it are, the free version is a good way to test out the indicator.

Conclusion

There are no written reviews or ratings for this indicator, there ar4e however a number of different comments, the creator seems to be replying to them in a prompt manner which is a good thing to see and shows that the creator is prepared to support its users. We would always suggest trying out the free version, especially when there aren’t any actual reviews, this way you can make sure that it works properly before putting any money down.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/17332

Interactive RSI Matrix can be found on the MQL5 marketplace, it was created by Tsvetan Tsvetanov on the 27th of October 2017, it was most recently updated on the 10th of January 2018 and is currently at version 1.1.

Overview

Interactive RSI Matrix is an indicator for the MetaTrader 4 platform, the main purpose is to show the current RSI values for a number of symbols and multiple timeframes, it will also allow you to switch between timeframes and symbols with one click. It allows you to analyze a large number of symbols across multiple timeframes in order to detect the strongest trends quickly.

The key features of the indicator:

-Shows RSI values for multiple symbols and timeframes simultaneously.

-Colored cells with progressive color intensity depending on the RSI values.

-Ability to change the symbol and the timeframe on the chart with one click directly from the matrix.

-Ability to adjust the size of the interface and the font.

-Ability to set the number of symbols and timeframes.

-Ability to set a neutral zone. (For example – red color below 30, gray color from 30 to 70, the green color above 70)

-The indicator is automatically synchronized with the Market Watch window in MetaTrader 4 where you can set custom lists with symbols.

There are plenty of parameters available too, these include the RSI period, number of symbols, number of timeframes, neutral zone high and low, timeframe settings, UI size, and more.

Service Cost

The indicator can be purchased for $30 which will give you up to 8 activations of the software, there is also an option to rent the indicator, this can be done monthly and will cost you $12 per month.

There is a free demo version, this can only be used with the strategy tester and so it is limited to only one currency pair, this means that a lot fo the functions are not usable such as switching between charts and times.

Conclusion

The indicator currently has six reviews giving it an overall rating of 4.5 out of 5.

“This is an excellent indicator. So helpful to have all the RSI information at a glance and be able to display a chart with just one click of the mouse. A user-definable alert would make it perfect. True or False whenever a currency pair is overbought or oversold on any time frame send an alert, preferably a Push alert for when I am away from my computer and only able to trade from my mobile.” – A 5-star review.

“Good panel. The only thing is that I cant change the color. It will be very useful to change the color.” – A 4-star review.

So the reviews are generally very positive which is a good sign, there are a few comments, the developer was originally replying to them but seems to have stopped, there has not been a reply since 2018, this could mean that it is no longer being supported. Due to the lack of responses, we would highly suggest that you send your questions to the developer this will not only ensure that it will do what you need it to, but it will also let you know whether the developer is til actively supporting it.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/26074

HMA Trend Professional MT4 can be found within the indicators section of the MQL5 marketplace. It was first uploaded on the 16th of February 2018 buy its creator Pavel Zamoshnikov. It has received a number of updates, the most recent update was on the 16th of September 2018 and it is currently at version 3.3.

Overview

HMA Trend Professional MT4 is an indicator for the MetaTrader 4 trading platform, its main purpose is to look at trends within the markets based on the Hull Moving Averages with two periods. The slow period will identify the trend while the fast period will determine the short term movements and signals within the trend direction.

Some of the main features of the indicator:

• Ability to predict the probability of a trend reversal using analysis of historical data.
• Plotting statistical charts for analyzing the probability of a reversal.
• Automatic filtering of signals with a high probability of trend reversal.
• Ability to generate preliminary signals on the current open bar (can be canceled).

There are also plenty of parameters that can be altered, these include things like the fast/slow HMA periods, the averaging methods to use, the frequency of signals, arrows of signals, rendering depth of the signals, the position of the panel, colors, notification settings, and more.

Service Cost

The indicator can currently be purchased for $30, this is a one-off payment that will get you up to 10 activations of the indicator, there is no option to rent so the one-time purchase is the only option available.

There is a free demo version available, the details are not known or stated on the site so we believe it may only be sued with the strategy tester within the MT4 platform but we cannot say for sure.

Conclusion

There are four user reviews for the indicator, they have given it an overall rating of 3.5 out of 5.

“Hi good product, very interesting. markets with probabilities is a good approach. I will try it with a support indicator, resistance, and pivot. To do with time. Bye” – A 4-star review.

“I have dealt with many developers but none like Pavel. Our story starts 9 months ago since I made a request to include auto parameter either freelance or for everyone who bought the product and he chose everyone. Then I thought wow this guy surely appreciates his customers that he wants to add new features for everyone. So I bought the indicator and he went silent so I made it official and requested on comments (confirm) 30/8/2019 in the comments section and he said in private that will be done when time allows. the roller coaster starts here when I ask from time to time for the progress and he replies not now I’m busy will be free august then September with nothing done till Nov 2019 where he avoided me altogether and not say a single word.” – A 1-star review.

There is a 5-star review but the user did not leave a comment, the reviews are mixed, there are also plenty of comments, the developer has been replying up until November 2019 when there were no more comments, due to this, we would suggest getting in touch with the creator of the indicator, to ensure that you will get some support should you purchase it and that the indicator will function the way you need it to.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/27596

FFx ParabolicSAR Dashboard MTF ALERTER can be found within the indicators section of the MQL5 marketplace, we have added a link below to it. The indicator was first uploaded pon the 31st of July 2014, it then received an update on the 1st of September 2014 and it is currently at version 1.1.

Overview

FFx ParabolicSAR Dashboard MTF ALERTER is an indicator that can be used on the MetaTrader 4 trading platform. The indicator will show on a single chart, all the timeframes with their own status on the indicator.

There are two different alert options, the first is a single timeframe which will have an alert on each individual timeframe, or multi-timeframe, where all timeframes must all agree on the signal before an alert is made.

There are a few options available for the indicator:

• Select the timeframes to trigger the alerts
• Alert pop up/sound/email/push
• Activate/deactivate the alert directly on the chart
• Position on the chart
• Plus all the usual settings of the standard indicator

Service Cost

The indicator can be purchased for $10 which will be purchasing it outright with no limitations, there is no option to rent this indicator. There is also a free demo version available, this will have some limitations but they are not mentioned on the site so we are not sure what they are.

Conclusion

There are two reviews, however, one of them does not have a rating, the one review with a rating is giving it a 5 out of 5 ratings.

“I am a real Fan of FFx tools. PSAR works great and even when adjusted to all TF… around 10 very good and strong entry signals per day.”

That is a positive review, but as there is only one of them we would advise you to download and check out the free version first, there are also a few comments, the creator is replying to them which is a good sign and hopefully, the customer service provided once it has been purchased will be just as good.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/5372

EMA Dashboard can be found within the indicators section of the MQL5 marketplace, it was created by Chantal Sala and was first uploaded to the marketplace on the 29th of August 2017, it received its most recent update on the 17th of July 2019 and is currently at version 1.3.

Overview

EMA Dashboard is an indicator that can be used with the MetaTrader 4 platform, its main purpose is to allow you to monitor moving averages on multiple symbols and timeframes at the same time. The dashboard will display and analyze the charts of 28 different currency pairs on a unique chart.

There are also a number of different parameters and settings available, these include things like alerts, which symbols to use, the EMA settings, graphic setup, colors and sizes, and more.

Service Cost

The indicator will cost you $100 to purchase it outright, this will allow you to activate the software up to 5 times, there is also the option to rent it on a monthly basis which will cost you $10 per month. A free demo version is available which can be used with the strategy tester within MT4.

Conclusion

There is just one review for the indicator which has given it an overall rating of 1 out of 5.

“THIS INDICATOR WE CANT’S CHANGE INPUT AND TIME CHART. WORKS ONLY REAL INPUT ONLY. MY REVIEWS NOT GREAT THIS” – A 1-star review.

So the review isn’t very positive, but it is clear from the comments that it has now been updated and this issue should have been resolved. The developer was quick to reply to comments which is a good sign and shows that the developer is there and available for support should you need it.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/25055

The Dashboard Stochastic Multicurrecy is an indicator that can be found within the MQL5 marketplace, we have added a link below so you can see exactly which indicator we are looking at. The indicator was uploaded by its creator Taras Slobodyanik on the 29th of January 2018, it has had a number of updates, the most recent update was on the 12th of March 2020 and this brought the indicator up to version 2.50.

Overview

The Dashboard Stochastic Multicurrency is an indicator designed for the Metatrader 4 trading platform. The indicator uses the Stochastic Oscillator to quickly show the current values and intersections of the lines. The indicator is able to send out notifications when the price crosses the overbought or oversold levels.

There are a large number of parameters that can be changed, these will alter the way that the indicator functions. Some of the available settings include the period of the K and D lines, the price field, time frames, offsets, colors for lines and text, overboard and oversold entry and exit zones, notifications via push or email, sounds, and many more options are also available.

Service Cost

Then indicator can be purchased outright for $30, this will give you complete access to it without any limitations, many indicators also offer the opportunity to rent it instead or purchase, however, the Dashboard Stochastic Multicurrency does not give this option and you are only able to purchase it. There is a free version also available, there will be some limitations to it, but we do not know exactly what they are as they are not stated on the site.

Conclusion

There are currently 4 reviews for the Dashboard Stochastic Multicurrency indicator, they are all positive and give an overall rating of 5 out of 5.

“Great product. Great value for money. It helps me in momentum swing trading when stochastics exits OS/OB areas. Good job Taras! And thank you for this brilliant work!” – A 5-star review.

“This dashboard works well as confirmation for my method….thank you” – A 5-star review.

“Great Dashboard… Thx!” – A 5-star review.

The reviews are all positive, there are also plenty of comments that the creator of the indicator has been replying to promptly which gives a good impression as to the sort of support you would receive. As with any piece of software, we would recommend that you download the free version try it out on a demo account just to make sure that the functions that it provides are what you are looking for prior to making a purchase.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/27610

Candle Patterns can be found within the MQL5 marketplace, it was first uploaded on the 22nd of July 2015 by its creator Paul Geirnaerdt, there has been a recent update on the 28th of March 2020 which brought the indicator up to version 1.1.

Overview

Candle Patterns is an indicator that can be used with the MetaTrader r4 platform, its main purpose is to show popular candle patterns on the charts. There are a number of patterns available including Inside Bar, Large Wick, Engulfing, Marubozu, Hammer, Shooting Star, Three White Soldiers, and Three Black Crows. The candles will be colored to make it easy to identify the patterns.

There is also a large number of parameters available with the indicator, these include things like a message box, whether to show inside bars, to show large wicks, to show Doji, to show Engulfing Bars or any other patters, colors and more.

Service Cost

The Candle Patterns indicator can be purchased for $30, it can also be rented for three months for $12 or six months for $19. Whichever option you choose you will have up to 10 activations of the indicator. A free demo version is also available that can be tested with the strategy tester within the MT4 platform.

Conclusion

There are two reviews however only one of them has a rating and it has given the indicator an overall rating of 5 out of 5.

“Good candle patterns indicator” – A 5-star review.

“Color candle is not displayed” – No rating is given.

So one is positive while the other is stating that a feature was not working properly, we had a look at the comments section, the developer has been very active in replying to comments and offering support which is a great sign and is an indication for the sort of support you will receive should you decide to make a purchase or a rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/10674

Beast Super Signal can be located on the MQL MArketplace under the indicators category. There is a link provided below that will take you to the exact indicator that we are looking at. The indicator was uploaded on the 2nd of September 2018 by Dustin Vlok and was subsequently updated on the 5th of November 2019 and is now at version 3.5.

Overview

The Beast Super Signal was created to be used with MetaTrader 4, it was designed to be a simple and easy to use indicator. It will constantly monitor the current price action while looking for new trends or strong reversals when currencies are overbought or oversold. Only when all the internal strategies are met, the indicator will paint a new buy or sell signal arrow onto the chart. It is then up to you to make the trade (this indicator does not trade for you).

The Beast Super Signal will give you entry levels, stop losses, and 3 different take profit level suggestions.

There are a number of different parameters that can be altered, changing them will slightly alter the way that the indicator functions, some of the options include how many bars to calculate, the overbought and oversold entry zones, take profit and stop loss levels, what sort of alerts to use, panel width and height, font size and type, and many other options are available too.

Service Cost

The Beast Super Signal can be purchased outright for $149, this will give you unlimited access without any limitations. As with many indicators on the MQL5 marketplace, you are also able to rent it on a monthly period, this will cost you $49 per month.

There is also a free demo version available, it will have some limitations and unfortunately, the limitations have not been states on the website, it would always be worth downloading just to make sure the indicator does, in fact, do what you need it to do.

Conclusion

At the time of writing, there are currently 51 different reviews, the overall rating from the revies is 5 out of 5.

“This is an outstanding indicator. It’s very precise and the alerts are very helpful to ensure I don’t miss any trades on the pairs I’m monitoring. Great work!” – A 5-star review.

“In my personal opinion, this isn’t a good indicator. they promise a 70% strike rate but in the long term its more like 20-40% also their way of calculation doesn’t make any sense. all the 5-star reviews here are worthless because you won’t receive the ea (which is even more useless than the indicator) if you don’t rate them 5 stars. if anyone wants some proof of a 1 year to backtest or so you can contact me.” – A 1-star review.

“The indicator makes my job easier when I do my entries. Thank you for the indicator fantastic. You can make it 100% unless you mark up your chart, using technical analysis and fundamentals. You can walk away on the signal if you see if the market is not right. highly recommended.” – A 5-star review.

As you can see, there are both positive and negative reviews but the positives far outweigh the negatives. The comment section of the page has plenty of comments, the developer has been replying to each one individually which shows that they are keen to keep supporting the indicator and those that have purchased it. As always, be sure to download the free demo version to try, also send any queries you have to the developer so you can be sure it will do what you need before you make a purchase or rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/31436

Alpha N Trend Indicator can be found on the MQL5 marketplace, we have added a link to it below. The indicator was uploaded by Dzhafer Medzhakhed on the 25th of July 2014, it was uploaded as version 1.3 and there have not bee any updates since it was first added to the marketplace.

Overview

Alpha N Trend Indicator can be used with the MetaTrader 4 trading platform and is classed as an indicator. The way that it works is by using a powerful oscillator, it will provide sharp signals for trend following.

The indicator aims to be different from the usual indicator as it wants to give its signals early, towards the start of the trend rather than halfway through. The oscillator will be displayed at the bottom of the chart with green and red bars when the price is on an uptrend it will show green bars when it is on a downtrend it will show red. It is a signal to enter the market when the oscillator changes sign from red to green or green to red.

There are a few parameters that come with the indicator:

-Email_alerts: If equal to “true”, you will receive email alerts when there is a trend change (first green bar after red bars or first red bar after green bars).

-Sound_alerts: if equal to “true”, you will hear a sound alert when there is a trend change (first green bar after red bars or first red bar after green bars).

-Green_histo_width: width of the green bars.

-Green_histo_width: width of the red bars.

-SPEED: an internal parameter that controls the speed parameters of the indicator.

-DEPTH: an internal parameter that controls the depth of calculation of the indicator.

-Number_of_bars: number of the bar that is displayed by the indicator

Service Cost

The indicator can be purchased outright for $15, this will give you unlimited access to it, there is no option to rent the indicator so purchasing it is the only option available. There is a free demo version that will have some limitations, however, we do not know what the limitations of this version are.

Conclusion

There are just three reviews, they have given the indicator an overall rating of 3.4 out of 5.

“I would have given it a 5 star if it has a push notification feature. It does give you false signals but it does anticipate trend change much earlier. It is not a stand-alone indicator but works well in conjunction with others. If you ever make an EA on this one, please let me know.” – A 4-star review.

“Indicator, as any other… with many false signals. I wasn’t able to backtest it (Demo version), so I buy it – and regret immediately. It would be very nice that Lemmnos (member that posted the previous comment) illustrate somehow – why is that indicator “the best one”. That would be very interesting to see.” – A 1-star review.

“Best trend indicator I have tested so far. And I have tested all the trend indicators I could find. I would encourage others to try this indicator and ask questions and provide feedback via comments sections so we can all learn from each other.” – A 5-star review.

So a range of reviews are available, there are also a number of comments but the developer only replied to the first few, we would advise you to contact them with your questions prior to purchasing just to make sure that they are still actively supporting the indicator, we woulda so recommend downloading the free version just to check it out as the reviews are not all positive.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/5337

MACD Divergences can be found within the indicator section of the MQL5 marketplace, there may be other indicators with similar names so we have added a link below to help avoid any confusion. The indicator was first uploaded on the 12th of July 2018 by its creator Seyedfazel Hosseini, there have been a number of different updates, the most recent was on the 11th of June 2019 and is currently at version 3.4.

Overview

MACD Divergences is an indicator that has been designed for use with the MetaTrader 4 trading platform, the indicator has been designed to help find all the regular and hidden divergences within the markets. The indicator can function on multiple timeframes however it is not recommended that you use it on anything under the M15 timeframes.

The indicator is able to detect price pivots and will then check the corresponding value of the pivots on the MACD indicator when a divergence is detected, the indicator will plot bylines on the chart and oscillator.

There are some settings and parameters that can be changed to slightly alter the way that the indicator functions, some of them include whether to use fast or slow EMA, how to apply it and whether to show the line, you can also change the colors for divergence lines, thickness, style and whether you want there to be any alerts.

Service Cost

The MACD Divergences indicator is not available to be purchased outright, instead, you are required to rent it, you can rent it for a period of 1-month which will cost you $15 per month, you are also able to rent it for a year which will cost you $39 per year. There is also a free version available, you can download it and test it out, it is fully functional but will only work on the EURAUD pair.

Conclusion

At the time of writing, there are 8 reviews available which are giving the indicator and overall rating of 5 out of 5 stars.

“Simple and very effective. This indicator recognizes highly probable divergence, draws it out, and notifies you from different time frames. It gives me an edge in scalping and an extra confirmation for reversals. By far one of the best and most useful indicators on the market. A+”

“Perfect Indicator, It’s really admirable. Simple and efficient. I have not used divergences in my trades before, But now it’s my first plan for trading and I am very pleased. thank you, author.”

“Indicator is worth it…. nice Reversal recognizing working good so far”

So as you can see, the reviews are very positive, there are also a lot of comments on the indicator, the creator has been replying to them promptly and being very active which is a great sign as to the sort of support that you would receive. We would highly recommend that you download and try out the free version, while it may only be able to use it on the EURAUD pair, but it will still be a good way to ensure that it is what you are after before paying for a rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/30390

Orders Indicator can be found within the MQL5 marketplace, it was created by Andrey Khatimlianskii. First uploaded on the 6th of December 2013, it was most recently updated on the 18th of December 2018, it is currently at version 7.52.

Overview

Orders Indicator has been created for use with the MetaTrader 4 trading platform. It is an indicator that will monitor your own trades and analyze others.

Some of the many features include:

-Change the size and location of the control buttons (Control buttons size, Control buttons corner)

-Disable display of opened and closed positions (Show OPENED, Show CLOSED, Show PENDING)

-Change colors of arrows and lines for profitable and loss-making buy and sell positions separately (Color for profitable/losing BUYs/SELLs)

-Change style and width of the lines connecting deal openly and close points (Open-Close lines width, Open-Close lines style), add text labels on that points (Open price labels width, Close price labels width)

-Enable display of a profit in deposit currency, points or % (Show profit in money/points/percents), configure profit display accuracy (Number of digits to show)

-Change text font and size (Font, Font size)

-Enable profit in points (Show profit in points)

Service Cost

There is not an option to buy the Orders Indicator outright, instead, there are options to rent it. You can rent it on a monthly basis which will currently cost you $10 for a three month period, you can also rent it on a yearly basis which will cost you $29 per year.

There is a free demo version available on the site, but the limitations of this version are not made clear, it may only be used within the strategy tester of the MetaTrader 4 trading platform.

Conclusion

The Orders Indicator has 37 different reviews from its users, they have given the indicator an overall rating of 4.5 out of 5.

“Awsome indicator to see if you have made the correct trade or if you didn´t apply your “trading plan”. The input “see the profit in pips” is very good to see the result of the trade in order to visual backtesting.” – A 5-star review.

“Best “History Arrow” indicator, also shows current live trades status. Love it!” – A 5-star review.

“This is one of the best indicators that I own and I will continue to renew it every year !!! I just wish that I could just purchase it outright.” – No rating is given.

The majority of the reviews are all very positive which is a good sign, there are also over 200 comments, the developer has been responding to the majority of them promptly which shows that they are still actively supporting the indicator and those that have purchased it.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/2050

The Primus Trading Engine can be found within the indicator section of the MQL5 marketplace, there is a link to it below so you can see exactly which indicator we are looking at. The indicator was first uploaded by its creator Philip Muga on the 21st of August 2018, it has received a number of updates, the most recent were on the 16th of AMrch 2020 and this brought the indicator up to version 2.6.

Overview

The Primus Trading Engine is an indicator designed for the MetaTrader 4 trading platform, its purpose is to combine price action, ratio based indicators, and custom indicators to create a multi-timeframe approach in order to high probability trade setups for forex, CFDs, futures, metals and binary options.

The main features of the indicator:

Price Action Signal-Arrow displayed on a specific bar; NOT buy/sell arrow; DOES NOT repaint; Bullish arrow on a bullish bar, price is likely to go LONG; Bearish arrow on a bearish bar, price is likely to go SHORT; Bullish arrow on a bearish bar, price is likely going LONG momentarily before going SHORT; Bearish arrow on a bullish bar, price is likely going SHORT momentarily before going LONG.

• Entry Zone-Dynamic rectangular(Green/Red)box to show future price moves
• Green rectangle for LONG moves
• Red rectangle for SHORT moves
• When there is NO entry zone stay out of the market
• Target One-Dynamic low-risk target from the entry zone
• Target Two-Dynamic medium risk target from the entry zone
• Target Three-Dynamic high-risk target from the entry zone
• Stop Loss-Dynamic stop loss from entry zone
• Change Focus-When breached future price moves change from LONG to SHORT
• The following settings are recommended:
• Supports M1,M5,M15,M30,H1 & H4 for Forex,CFD Cash/Futures & Metals
• Supports M1,M5 & M15 for Binary Options
• Backtest on simulator FIRST then forward test on DEMO for at least 1 MONTH
• Trade one setup, one timeframe; Pick one, master one, trade one

Service Cost

The indicator is an expensive one, it will set you back $1,500 to purchase it outright with no limitations. If you do not want to spend that much you are also able to rent the indicator, you can rent in on a monthly basis for $75 per month, three months will cost you $150, 6 months will cost you $250 and to rent it for one year it will cost you $450.

There is a free demo version available to download, this version will have some limitations which are unfortunately not mentioned on the site, even with limitations, due to the price of the indicator we would recommend using the free version to test it out and to see if it has the functions you need.

Conclusion

It is unfortunate that there aren’t any reviews of the indicator to see what the people who have purchased it (if any) are finding it, there are plenty of comments, but they are all from the creator adding various bits of information or trade setups. Due to there being no reviews or comments, be sure to download and test the free version, also get in contact with the developer with any questions, this way you can be sure it suits your needs before making quite a hefty purchase or rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/30888

PZ Reversal Fractals MT4 is a piece of software that can be found within the indicator section of the MQL5 marketplace, there may be others with similar names, we have added a link to help avoid any potential confusion. The indicator was uploaded by its creator Arturo Lopez Perez on the 16th of August 2019, it was first added to the MQL5 marketplace as version 5.0 of the indicator and there have been no further updates since it was added.

Overview

The PZ Reversal Fractals MT4 is an indicator designed for the MetaTrader 4 trading platform. The indicator works by looking at the price structures of fractals to determine the possible reversal points within the markets, it will provide timing for positional trades that already have a fundamental and technical model.

The indicator is a lagging or reactive signal, the indicator will draw when all bars ina fractal close, it works well for those with an existing directional bias.

A few key features of the indicator:

• Reversal fractals can start long trends
• The indicator is non-repainting
• It implements alerts of all kinds
• Customizable colors and size

There are also a number of settings available to alter that can help adjust the indicator to suit what you need:

-Bars in Fractal: Amount of bars in each fractal. Must be an odd number such as 3, 5, 7, 9, 11, 13…

-Max History Bars: Amount of past bars to evaluate when the indicator loads

-Colors: customize arrows and lines colors and sizes

-Alerts: Enable or disable alerts of all kinds

Service Cost

The PZ Reversal Fractals MT4 is actually free to download, so there is no cost, you are able to download the full version completely free, no payments and no rental required. As the full version is free, there is no demo version available or needed.

Conclusion

At the time of writing, there are currently 16 reviews giving the indicator an overall rating of 4.5 out of 5.

“Awesome indicator, not 100% but no indicator is but damn it comes close!! and also it does not repaint big props” – A 4-star review.

“Love the indicator. Waiting for EA based on that from Arthur.” – A 5-star review.

“I really like this one and use it in most of my chart setups”

The majority of reviews ar every positive which shows that for the majority it is working as intended, there are a few reviews asking for help, there are also a lot of comments but no replies from the creator, so it is not clear if it is still being supported. The good news is that it is completely free, so it is easy to download and try it out without having to make a purchase of any kind.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/41310

Range Bars is an indicator that can be located in the MQL5 marketplace. There may be other indicators with similar names, so to avoid any confusion we have provided a link to the correct one below. The indicator was created by Artur Zas and was first uploaded on the 22nd of August 2017, it was last updated on the 4th of June 2019 and is currently at version 1.7.

Overview

Range Bars is an indicator that can be sued with the MetaTrader 4 trading platform. The indicator allows you to create custom range bar charts within the trading platform, it is recommended that you use the indicator on the 1-minute chart, but others also work.

There are a number of different settings available including:

Display settings:

• Display on an offline chart (M2, M3, M4, M6, M7, M8, M9 or M10)
• Apply a template to offline chart (name template to apply to the range bars chart)
• Automatically open offline chart (true/false)
• Build history for a number of days
• Reset Open on each trading day
• And more…

ATR based bar size calculation:

• Enabled (true/false)
• Daily ATR period
• Percentage of ATR to calculate candle size (high to low)

Alerts and Info:

• A sound signal on new bar (true/false)
• Only signal reversal bars (true/false)
• Use Alert Window to display signal (true/false)
• Sound file to play on the bullish bar
• Sound file to play on the bearish bar
• Color of High threshold indicator
• And more…

Service Cost

The Range Bars indicator can be purchased for $45, this is an outright purchase and will mean that you are able to use the indicator as much as you want, you are also able to rent the indicator on a monthly basis, this will cost you $10 per month. There is also a free version that you can download and try, this will have some limitations attached to it, but we are not sure what they will be.

Conclusion

There are two reviews available for the Range Bars indicator, they are both giving it 5 out of 5 stars which is a very positive start.

“Very good indicator, recommend!!”

“The Range Bars are awesome! fits perfectly into my strategy and much nicer and easier to trade than renko IMO.”

So both the reviews are very positive, as there aren’t many of them, we would recommend trying out the free version of the indicator, this will allow you to try it out and to make sure that you are able to get it set up and that it is in fact what you are looking for prior to making an actual purchase.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/24912

RSL Classic MT4 can be found on the MQL5 marketplace under the indicators heading. It was created by Rene Patrick Sauerwein and first uploaded to the marketplace on the 7th of June 2018, there have not been any updates so the indicator is still at version 1.0.

Overview

RSL Classic MT4 was created for the MetaTrader 4 platform, its main intention is to look at the relative strength of the markets.

The key concepts of the indicator:

-You can use this indicator on several instruments to compare their relative strength: Values resulting from the analysis will oscillate around a value of 1.

-The strongest instruments will have the highest RSL values (above 1) and the weakest instruments will have the lowest RSL values (below 1).

-You might want to buy the strongest instruments (highest RSL values) and sell the weakest instruments (lowest RSL values) to follow trends.

Some of the key features of the indicator:

-Works on all timeframes

-Works for all instruments that are available in the Market Watch window of your MetaTrader 4

-The output value from the buffer is shown in the separate indicator window and in the Data Window

-The indicator can be used in Expert Advisors using the iCustom() function for automated trading systems

-There are also a number of parameters, these include the name of the asset to analyze, the MA period the MA mode, the applied price, and the colors used.

Service Cost

The indicator will currently cost you $30 to purchase it outright, this is a one-off payment and will allow you to activate the indicator up to 5 times. There is not an option to rent it so the purchase is the only option available. There is a free demo version that can be used with the strategy tester within the MT4 platform.

Conclusion

There are two reviews fort he indicator that has given it an overall rating of 5 out of 5.

“I’ve been waiting for this for a long time, thank you!!!” – A 5-star review.

“A good addition to any portfolio. Drag several Symbols onto one charts (ie EURUSD, EURGBP, EURCHF, EURAUD) if they are all above 1, its a safe bet to be stay long on EUR. You can wait until a couple indicators drop to 1, or Take Profit when you feel like it. if you wait till the indi goes back to 1, you’ll end up with roughly no profit, OR if it has caught a good trend, the profit can be good. A 50/50 with either small losses, or bigger profit is a good bet in my books. It needs to be on a high TF, forget about any minute time frame.” – A 5-star review.

So the reviews are both very positive, there is only one comment available which is from the developer themselves, this was back in 2018 so it is not clear whether it is still being actively supported, you should contact them to make sure they are still around before you make a purchase, just to be sure you will be able to get some help should you need it.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/29839

Super Prediction System can be found on the MQL5 marketplace under the indicators section, there may be other indicators with similar names so we have provided a link below to the one we are looking at. The indicator was first uploaded on the 25th of August 2016 by its creator Ondrej Frlicka, it has has a number of updates, the most recent update was on the 17th of December 2018 and this update brought the indicator up to version 2.90.

Overview

The Super Predictor System is an indicator designed for the MetaTrader 4 trading platform. The indicator was developed as an indicator with the aim to show trading signals ahead of time. The indicator will not repaint and will not change a signal once it has been made.

The indicator will draw an arrow at the opening of a candle, it will draw it in the direction that the indicator believes the markets will move. If you hold trades and the indicator does not paint a new arrow, then it could be a signal to come out of the trade. If the arrow is against the way you are trading, then it is advised to close the trade.

There isn’t actually much information about how the indicator comes up with its signals, just that it does.

Service Cost

The indicator can be purchased for $99 which will give you limitation free usage of the indicator. You are also able to rent the indicator, this will cost you $59 per month to do. A free demo version is also available, this will have some limitations to it but we do not know what they are as they are no stated on the site, it may still be worth downloading to try out even with the limitations.

Conclusion

There are 23 user reviews at the time of writing, these are giving the indicator an overall rating of 4.5 out of 5.

“It is a moving average indicator. Put any moving average length on power x and that moving average indicator on top and you will see it’s just a moving average. it’s not tracking world banks. The things people say on mql4 market to sell indicators are ridiculous. I’ll give it one star for the lie. Shouldn’t be allowed to lie to sell and mislead people” – A 2-star review.

“Excellent indicator. It is absolutely great that the indication of signal is along with the opening of a new candle. The indicator thus displays a real reality! Not as the remaining 99% here on the market!”

“This indicator is very good and useful, I rent the application and then I had to buy it. Rcomendado.“ – A 5-star review.

The majority of reviews are very positive, there are also plenty of comments within the comment section, the developer seems to be replying to the majority of them which shows that he is continuously supporting the indicator and those that have purchased it. We would still recommend trying out the free version, just to make sure that it does in fact do what you need it to and hat you are able to get it set up and working before making a purchase or rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/17988

The Tick Volume Chart is a utility that can be found on the MQL5 marketplace, we have linked to the utility below. The Tick Volume Chart was first uploaded on the 20th of February 2015, it was last updated on the 10th of July 2018 and is currently on version 2.1.

Overview

The Tick Volume Chart is a utility that can be used with the MetaTrader 4 trading platform. The indicator is designed to create charts with a fixed tick volume, data sampling is then carried out via tick volume and not by time, each bar will contain a certain amount of trading volume, these settings can be adjusted to allow you to choose how much volume should be in each bar.

It is super easy to set up:

• Open the Navigator window
• Drag the indicator to a chart
• Open a chart by clicking the Open Chart button

Service Cost

The Tick Volume Chart is available to purchase for $30, this will give you unlimited access to it, you are also able to rent the software for $10 per month, this will be charged every month that you wish to use it. There is also a free demo version available, this demo version will allow you to test out the software. We are not sure what the potential limitations of this free version are, as they are not mentioned on the site.

Conclusion

There is only one review available for this software, that one review is a 5-star review which is a good start.

“It works perfectly :)”

As there aren’t too many reviews available, we would suggest downloading and trying out the demo version so you can be sure that it works for you and that it functions how you expect it to, do this before paying for the software.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/5806

AMD Exclusive Two can be found on the MQL5 marketplace within the indicators section. It was uploaded to the marketplace on the 10th of October 2017 by its developer Szymon Palczynski. It received a number of different updates, one of its most recent updates was on the 4th of December 2019 and this brought the indicator up to version 3.60.

Overview

AMD Exclusive Two is a MetaTrader 4 indicator which was designed to be your main trading strategy and tool. It doesn’t actually tell us how it will analyze the markets or what it will actually be doing which is a little strange.

Some of the main features include:

• Automatic optimization
• Overbalance (manual, semi-automatic and automatic)
• Main and additional signals
• Fibonacci
• Pivot
• Linear Regression Channel
• Mini Tester
• Early warning system (yellow cloud on the chart)
• 3D effect

There are also plenty of parameters that can be altered, these include things like the ID, method of determining the trend, the AMD trend period, command manager, push notifications, colors, and more.

Service Cost

The AMD Exclusive Two indicator can be purchased outright for $88, this will get you 5 activations of the indicator. There is also the option to rent it, this can be done on a monthly basis and will cost you $30 per month to rent. A free demo version is also present, the details are not stated on the site so we do not know what the full limitations of the free version are, however normally when there are no details it will only be usable with the strategy tester within the MT4 platform.

Conclusion

The EA currently has three user reviews giving it an overall rating of 3 out of 5.

“Hi, Sorry to burst the bubble here guys. This indicator is an absolutely disgraceful product. If you email user 204214 (below review) he will tell you he has keys to the system but will never reply to after you purchase the product. if you leave this indicator on the chart the signals it gives are deplorable across all time frames. if you reload the chart they look like a dream indicator again. You understand what I mean. Personally don’t waste your time and money in this market place, it’s no good with all its false-negative energy and everyone knows it and nothing works and it’s a money pit to extract funds from you on the charts and in the market place. Buyer beware!!!!!” – A 1-star review.

“BEST EVER!!! READ MY COMMENTS…LOSER TO HERO” – A 5-star review.

So a mix of reviews, there are also a number of comments from people who are using the indicator, the developer had been replying to a lot of them, there has not bee a comment in 2020 so we would recommend getting in touch with the developer with any questions that you ay have, this way you can be sure that it will do what you need and that it is still being supported before you make a purchase.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/25474

Bermaui Pin Bars and be found within the indicators section of the MQL5 marketplace, we have added a link below to the exact indicator to help avoid any confusion. Muhammad Elbermawi first uploaded the indicator to the MQL5 marketplace on the 2nd of August 2019, it was last updated on the 17th of November 2019, it is currently at version 2.1.

Overview

Bermaui Pin Bars is an indicator for the MetaTrader 4 trading platform, it was created to find Pin Bar price action patterns. The indicator also comes with a multi-timeframe candle direction panel and Bermaui Bands to help you figure out if the current trend it bulling, bearish or neutral.

The main features of the indicator:

• Draw Pin Bar patterns on the chart.
• Help the user to identify the trend depending on MTF Candles Direction Panel plus Bermaui Bands.
• A well-designed color list with two options (Black / White Background).
• Sound, email & mobile notifications depending on user’s choice.
• There are a few parameters that you can also alter, these include the colors, candles, and deviation multipliers.

Service Cost

The indicator can be purchase outright for $50 and will come with unlimited access with no limitations. If you would prefer, you can also rent the indicator this will for you $10 per month or $30 for three months of use. There is a free demo version but it will have some limitations which are currently not known to us as they are not stated on the website.

Conclusion

At the time of writing, there are 13 user reviews giving the indicator an overall rating of 5 out of 5.

“Great indicator, better than all the other pin bars indicators I have had in the past, truly amazing work. A tool all serious trader must-have. Thanks” – A 5-star review.

“By now faithful to your products, I have also acquired this .. together with others, great strategy!” – A 5-star review.

“Again excellent work! Very trustful developer, always purchase with confidence.” – A 5-star review.

So a lot of positive reviews which is great to see, there are also a number of comments, the developer seems to be trying to reply to most of them which show that he is still supporting the indicator, we would suggest trying out the free version, just to maker sure that the indicator is right for you before you decide to make a purchase or a rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/40945

The Divergence Dashboard can be found on the MQL5 marketplace under the indicators category, we have provided a link to ti below just in case there are any other indicators with similar names. The indicator was first uploaded on the 13th of March 2019, by Jan Flodin, it received an update later in the year on the 23rd of December 2019 and is currently at version 1.6.

Overview

The Divergence Dashboard is an indicator for the MetaTrader 4 trading platform, the indicator works by sending alerts when one or two different divergences have been identified on a number of different timeframes. The indicator can be used on all timeframes from M5 up to MN and it possible to also use moving averages and RSI trend filters to filter out on the strongest signals. You can attach the indicator to a single chart and it will give you alerts for any symbols that you desire.

The main features of the indicator:

-Can detect divergences for following oscillators/indicators: MACD (signal line or mainline (histogram)), Stochastics, OsMA, RSI, CCI, Awesome, OBV, ADX, ATR, MFI, and Momentum.

-It is possible to select the time frames to be visible on the dashboard.

-Continuously performs a divergence rank sorting within the dashboard. It is possible to disable this sorting through to make it easier to find a specific symbol. The symbols will then be visible in the same order as they have been entered in the Symbols parameter or in the order they are visible in the Market Watch window.

-By clicking inside a rectangle a new chart will be opened with the symbol and time frame in question.

There are also a number of parameters available to change, these include things like the divergence settings, the MACD settings, symbols, and timeframes, moving averages settings, alerts, colors and text, trend filters, and many more options are available too.

Service Cost

The indicator can be purchased outright for $39, this version comes without any limitations, there is also the option to rent it on a monthly period, this will cost you $123 per month. The website shows that a free demo version is available to use and try out, the free version has some limitations, it can only be used on the EURSUD, GBPUSD, and USDJPY pairs and does not have support for mail or push alerts, even with these limitations we would suggest downloading and trying out the free version.

Conclusion

There are currently three different reviews for the Divergence Dashboard.

“Amazing indicator. It saves you a lot of time and helps you spot divergences very quickly (both = hidden and regular). It gives you a quick overview of the market in a blink of an eye. + Jan’s support is very helpful. I would highly recommend it.“ – No rating is given.

“Jan has surpassed his own ingenuity again! What a masterpiece for all Divergence Lovers.” – A 5-star review.

So the reviews are pretty positive which is a great sign, the developer has also been replying to comments in a prompt manner which shows that he is actively supporting the indicator and is giving a good quality customer support. We would recommend that you download eh free version and also get in touch with the developer with any queries, this was you can make sure that the indicator will do what you need it to do prior to making a purchase or rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/36737

Created by Yasser Sabbaghi and uploaded it on the 12th of MAy 2016 to the MQL5 marketplace under the indicators heading, the Exponential Momentum indicator is certainly one of interest. It has received a number of updates, the most recent update was on the 26th of September 2017 and is currently at version 1.3.

Overview

Exponential Momentum is an indicator that was created for the MetaTrader 4 trading platform. It was created to act as a momentum indicator that will fade out the fake moves of the markets.

Some of the key features of the indicator:

• Smoothed to filter uncomfortable noises.
• Non-Lagging Exponential averaging.
• Line or Histogram drawing.
• Momentum on both bullish and bearish move.
• You can also use it like a CCI indicator.

It can be used in three different ways. As trend-following, GREEN for Bullish and PINK for Bearish. Take Buy position when the indicator makes a bottom and reverse upward or take Sell position when the indicator peaks and reverse down.

Momentum Strength, a higher value means higher strength. In case that this indicator reached extremely high or low values (relative to its historical values), you should assume a continuation of the current trend. For example, if the Momentum indicator reaches extremely high values and then turns down, you should assume prices will probably go still higher. In either case, only trade after prices confirms the signal generated by the indicator (for example, if prices peak and turn down, wait for prices to begin to fall before selling).

Divergence:

-A bullish divergence occurs when the price is making new lows while the indicator fails to make a new low.

-A bearish divergence occurs when the price is making new highs while the indicator fails to make new highs.

There are also a number of parameters available, these include the indicator type, first momentum average, safe mode, alerts on market changes, mobile phone notifications, and more.

Service Cost

The Exponential Momentum indicator can currently be purchase with a one-off payment fo $36 which will get you up to 5 activations of the indicator. There is also the option to rent it on a monthly basis, this will cost you $10 per month to rent it.

A free demo version is available but the details of the free version are not detailed on the site so it is not known what the limitations are, it may still be worth downloading to try out before making a purchase.

Conclusion

There’s just the one review is available giving the indicator an overall rating of 5 out of 5.

“Excellent! One of the best indicators I have ever seen!” – A 5-star review.

The review is positive, there are also two comments, the developer has not replied to either of them which isn’t a great sign for the customer support that you will receive. Due to the few ratings available, we would suggest trying out the free version and sending any queries to the developer as you want to be sure that they are still actively supporting the indicator and its customers before you make a purchase or a rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/16086

MASR Bands is located on the MQL5 marketplace and is found under the indicators section. Muhammad Elbermawi is the creator and the first uploaded the indicator on the 4th of November 2019, it has been updated a number of times with the latest update being on the 17th of March 2020, the indicator is currently at version 2.0.

Overview

MASR Bands is an indicator that can be used with the MT4 trading platform, it was created for help you look for moving averages surrounded with two bands that will help to show the support and resistance levels.

Some of the main features of the indicator:

• MASR Bands do not repaint or recalculate its results.
• Well-designed parameters to help the user easily navigate between them.
• Sound, Mobile notification, and email alerts depending on user choice.
• MASR Bands code is revised to make sure that it will not consume the user’s PC memory.

There are also some parameters available these include the MASR candles, MASR moving averages, whether to show the arrows and verticle lines, sound alerts, whether to send emails or push notifications, the chart color, and a few more.

Service Cost

The MASR Bands indicator can be purchased with a one-off payment of $60, the developer has given you up to 1000 activations for each purchase. There are also two rental options the first will cost you $10 per month, the second is for a three month period which will cost you $30.

A free demo version is also available, the demo version can only be used with the EURUSD pair and only on the 1H chart.

Conclusion

Unfortunately, there aren’t any user reviews for the MASR Bands indicator so we cannot tell how users are finding it or if it is doing what it is meant to be doing, there are four comments, but they are all from the developer themselves giving some analysis or signals. The last comment was from 2020 so it appears that the creator is still being active and supporting the indicator which is good to see. As there are no reviews, we would suggest contacting them with any questions just to make sure that it will do what you need it to do before you make a purchase or a rental.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/43431

Moving Average Proximity Alert Multiple Pairs can be found within the MQL5 marketplace under the indicators heading. We have added a link to the indicator below. The indicator was first uploaded by its creator Krisztian Kunzer on the 16th of July 2018, there have not been any further updates to the indicator is still at version 1.0.

Overview

The Moving Average Proximity Alert Multiple Pairs indication has been created for the MetaTrader 4 trading platform, it was designed to work with 16 currency pairs over multiple timeframes in order t ogive alerts when the price reaches a moving averages alert zone.

Main features of the indicator:

-Can monitor 16 currency pair’s moving average (EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, NZDUSD, USDCAD, EURJPY, GBPJPY, EURGBP,EURCHF, GBPCHF, EURAUD,GBPAUD,EURNZD,GBPNZD).

-Get alerts on screen, email, push notifications (mobile).

-Adjustable sensitivity.

-Displays the price (Bid) distance to moving average in points.

-Displays which alert is On.

There are also plenty of parameters available, some of them include the alert sounds, the type of alert to use, the MA range, MA timeframes, font colors, font sizes, and more.

Service Cost

You can purchase the indicator for $30 which is a one-off payment, you are also able to rent the indicator, you can do this for a three month period which will cost you $12, or you can rent it for one year which will cost you $25.

Conclusion

At the time of writing, there were three user reviews, however, two of them did not leave a rating, the one rating available has given the indicator and overall rating of 5 out of 5.

“It’s overall a very good indicator. Exactly what I needed. I can mention only one thing: I trade intraday charts, approx 5-6 what I am watching. Can you add a feature with which I can turn off/on some currency pairs. I would really appreciate it :)” – A 5-star review.

Along with the one review, there is only one comment, the developer has not responded to it. Due to the lack of activity, we would strongly suggest that you download and try out the free version, you should also send any queries that you have to the developer to ensure that they are still active and supporting the indictor.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/30426