Indicators Insert Option on MT4 Insert Menu - Meta Trader 4 Indicators
MetaTrader 4 indicators, Meta Trader 4 Technical Indicators can be found on the Insert Menu as the first option.
These best MT4 Indicators option has a pop right button that shows the list of all the MetaTrader 4 indicators under this option as illustrated below.
The best MT4 indicators list is shown 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 MetaTrader 4 trading software. This MT4 forex indictors list, which vary from platform to platform depending on the platform being used.
Commonly Used MT4 Indicators in the Example Above - Best MT4 Indicators List
On the above examples the most commonly used MT4 Indicators, these are:
- Accelerator Oscillator
- Accumulation/Distribution
- Alligator
- Average Directional Movement Index
- Average True Range Indicator
- Awesome Oscillator
Forex Trading Trend Based
These are shown and illustrated below:
These are:
- Average Directional Movement Index
- Bollinger Band Indicator
- Commodity Channel Index
- Moving Average Indicator
- Parabolic SAR
- Standard Deviation
The Forex Trend Based Technical Indicators will basically show general direction of the market. These trend indicators will either move upward in an upwards trend or downward in a downwards trend. (Or Sideways no direction /no trend).
A trader will therefore trade with the direction that is same as that indicated by these trend following indicators.
Oscillators
These Oscillators are shown and illustrated below:
These Forex Oscillator Indicators are:
- Average True Range Indicator
- Bears Power
- Bulls Power
- DeMarker
- Envelopes
- Force Index
- Ichimoku Kinko Hyo Indicator
- MACD
- Momentum
- Moving Average of Oscillator
- Relative Strength Index
- Relative Vigor Index
- Stochastic Indicator
- William’s Percent Range
Volume Based
These are shown below:
These forex volume indicators are:
- Accumulation/Distribution
- Money Flow Index
- On Balance Volume
- Volumes
Volume in Forex don't measure the transaction volume as there is no central market like stocks market, but they measure the tick volume, the more tick volume the more the number of trade transaction, therefore traders use tick volumes to estimate the transaction volumes in the Forex Exchange Market.
Bill William
The MetaTrader 4 Bill Williams Indicators are shown below, these were created by Bill William hence their grouping as Bill Williams:
The Bill Williams Indicators are:
- Accelerator Oscillator
- Alligator
- Awesome Oscillator
- Fractals
- Gator Oscillator
- Market Facilitation Index
Custom Indicators - Best MetaTrader 4 Custom Indicators
These custom indicators are shown 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
- Moving Averages FX Indicator
- OsMA
- Parabolic SAR
- RSI
- Stochastic Indicator
- Zigzag
The SubMenu, within MetaTrader 4 Indicators Insert Menu can be used to place these MetaTrader 4 Indicators on a chart by choosing and then clicking on the MetaTrader 4 Chart Indicator to place it on the chart.
Once you click on an MT4 forex indicator the following pop up will appear:
As a trader you can just click the "OK" button to place MetaTrader 4 Indicator on the chart.
You can also change a few MetaTrader 4 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 MetaTrader 4 Technical Indicator settings.
A level can also be added by selecting the 'Areas' button as shown & illustrated below:
To add a level on a MetaTrader 4 indicator, just click the add button key & select the level where you want to add this zones, normally this is set as a number. Color of the level can also be changed on the style button key marked silver along with the format of the line & the width of the line.
The next button shown below, visualization button is used to determine which chart time frame the MT4 indicator should appear on:
By default a MetaTrader 4 technical indicator is set to appear on all the chart time frames, but you can untick the "All Time-Frames" option and choose fewer chart time frames where you want the MT4 indicator to appear on, for example by choosing only the M15, H1 & H4, this way it won't appear on any other chart apart from these 3 chart time frames - to have it show on all chart time frames just check the "All Time frames" option. - Learn MT4 Technical Indicators PDF Tutorial Guide - Indicators MT4 Software
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