metatrader 4 forex indicators

Trend Following Indicators

Moving Average Crossover (MACD): Tracks the difference between two moving averages to identify trend reversals.
Relative Strength Index (RSI): Measures price momentum to gauge overbought or oversold conditions.
Parabolic Stop and Reverse System (SAR): Places dots above or below price to indicate trend direction.
Ichimoku Cloud: Combines multiple indicators to provide an overall trend analysis.
Bollinger Bands: Plot three lines around the moving average to identify potential breakouts or pullbacks.

Momentum Indicators

Stochastic Oscillator: Compares current price to its range over a specified period.
Commodity Channel Index (CCI): Measures price momentum relative to its typical range.
Average True Range (ATR): Calculates the volatility of a market over a specific period.
Momentum: Calculates the rate of change in price over a set number of periods.
Relative Vigor Index (RVI): Measures the strength of price movement relative to its volatility.

Volume Indicators

Volume: Measures the number of contracts or shares traded in a specific period.
On Balance Volume (OBV): Accumulates volume based on price changes, indicating buying or selling pressure.
Chaikin Oscillator: Compares the volume of price upticks to the volume of price downticks.
Accumulation/Distribution Line: Tracks the cumulative volume of positive or negative price changes.
Positive Volume Index (PVI): Measures the ratio of positive volume days to negative volume days.

Volatility Indicators

Average Directional Index (ADX): Measures the strength of a trend and can identify range-bound markets.
Volatility Stop and Reverse (VSR): Uses volatility to identify potential trend reversals.
True Range (TR): Calculates the difference between the high and low of a bar plus the absolute difference between the close and the previous close.
Donchian Channel: Plots the highest and lowest prices over a specified period, creating a volatility range.
Keltner Channel: A set of three moving averages that follow the trend and identify potential overbought or oversold conditions.

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Other Indicators

Fibonacci Retracements: Identify potential support and resistance levels based on Fibonacci ratios.
Pivot Points: Calculate key price levels based on the previous day’s trading range.
Elliot Wave Theory: Identifies different patterns in price movement to predict future trends.
Ichimoku Cloud: A comprehensive indicator that combines trend following, momentum, and volume analysis.
Donchian Candlesticks: A variation of candlesticks that emphasizes the high, low, and close of a bar over a specified period.

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