Meta Trader 4 Technical Indicators
MetaTrader 4 indicators, MetaTrader 4 Technical Indicators can be found on Insert Menu as the first option.
These best MetaTrader 4 Indicators option has a pop right button that shows the listing of all the MetaTrader 4 indicators under this option as shown below.
The best MetaTrader 4 indicators listing is illustrated below as a popup menu, at the top is a list of the MetaTrader 4 technical indicators most popularly used within the MetaTrader 4 platform by the traders using this Meta Trader 4 software. This MetaTrader 4 indictors list, which vary from software to software based on the xauusd platform software being used.
Commonly Used MT4 Indicators in the Example Above
On the above example the most commonly used MT4 Indicators, these are:
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- ATR Indicator
- Awesome Oscillator
Trend Based
These are displayed below:
These are:
- ADX
- Bollinger Bands Indicator
- CCI
- Moving Average Indicator
- Parabolic SAR
- Standard Deviation
The XAUUSD Trend Based Technical Indicators will basically show general direction of the market. These gold trend indicators will either move upwards in an upward xauusd trend or downwards in a downward trend. (Or Side-ways no direction /no xauusd trend).
A trader will hence trade with direction that's the same as that indicated by these xauusd trend following indicators.
Oscillators
These Oscillators are illustrated and shown below:
These XAUUSD Indicators are:
- ATR Indicator
- Bears Power
- Bulls Power
- DeMarker
- Envelopes
- Force Index
- Ichimoku Kinko Hyo Indicator
- MACD
- Momentum
- MA of Oscillator
- Relative Strength Index
- RVI
- Stochastic Indicator
- Williams % Range
Volume Based
These are displayed below:
These xauusd volume indicators are:
- Accumulation Distribution
- Money Flow Index
- On Balance Volume
- Volumes
Volume in XAUUSD Trading don't measure the transaction volume as there's no central xauusd market like stocks market, but they measure tick volume, the more tick volume the greater the number of xauusd transaction, therefore xauusd traders use tick volumes to measure the xauusd transaction volumes in the XAUUSD Trading Exchange Market.
Bill Williams
The MetaTrader 4 Bill William XAUUSD Indicators are displayed below, these were developed by Bill Williams hence their grouping as Bill Williams:
The Bill Williams Indicators are:
- Accelerator Oscillator
- Alligator
- Awesome Oscillator
- Fractals
- Gator Oscillator
- Market Facilitation Index
Best MT4 Custom XAUUSD Indicators
These xauusd custom indicators are displayed below,
The Custom Indicators are:
- Accelerator
- Accumulation
- Alligator
- ATR
- Awesome Oscillator
- Bollinger Band Indicator
- Bears Power
- Bulls Power
- CCI
- Heiken Ashi
- Ichimoku Kinko Hyo Indicator
- iExposure
- MACD
- Momentum
- MAs XAUUSD Indicator
- OsMA
- Parabolic SAR
- RSI
- Stochastic Indicator
- Zigzag
The Sub-Menu, within the MetaTrader 4 Indicators Insert Menu can be used to place these MT4 Indicators on a xauusd chart by choosing and then clicking on the MetaTrader 4 Gold Chart Indicator to place it on the chart.
Once you click on an MetaTrader 4 indicator the following pop up will appear:
As a trader you can just click 'OK' button to place MT4 Indicator on the chart.
You can also change a few MT4 Indicators setting, for example in the above MetaTrader 4 Indicator you can set the color style to blue, change the line width and change the period used to calculate the MT4 Technical Indicator settings.
A level also can be added by choosing the 'Areas' button as illustrated and shown below:
To add a level on a MetaTrader 4 indicator, just click the add button key and select the level where you want to add this levels, normally this is represented as a digit. Color of the level can also be changed on the style button marked silver along with format of the line & the width of the line.
The next button displayed below, visualization button is used to determine which xauusd chart time-frame the MetaTrader 4 gold technical indicator should pop-up on:
By default a xauusd MetaTrader 4 indicator is set to appear on all the timeframes, but you can untick the "All Timeframes" option & select fewer xauusd chart time frames where you want the MetaTrader 4 technical indicator to appear on, for example by choosing only the M15, 1H and H4, this way it won't appear on any other xauusd chart apart from these 3 time frames - to have it show on all xauusd time frames just check the "All Timeframes" option. - Learn MT4 Technical Indicators PDF Tutorial Guide - Indicators MT4 Platform