Best Free MT4 Custom Indicators

Custom indicators are programs developed in MetaQuotes Language by MetaTrader 4 users. The purpose of most custom indicators is to function as technical indicators to help forecast future price changes. The use of indicators allows for answering the question of whether the current trend will remain the same and where it will turn. Indicators are intended to relatively simplify the complicated process of trading decision-making. Indicator algorithms are also utilized to create trading strategies and expert advisors. Custom Indicator installation and setup is a simple process described in detail on the MT4 Tutorial page. Below You can find the best free MT4 Custom Indicators commonly used by forex traders.

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  Fibonacci Retracement Indicator
  Fibonacci Retracement Indicator for MetaTrader 4 Fibonacci Retracement Indicator for MetaTrader 4 is a very useful indicator. The indicator displays Fibonacci lines in the main[…]
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  Heiken Ashi Smoothed Indicator
  Heiken Ashi Smoothed Indicator for MT4 Heiken Ashi Smoothed Indicator for MT4 is a famous forex trading indicator. Indicator modifies how price values are displayed[…]
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  Position Size Calculator
  Position Size Calculator for MetaTrader 4 Position Size Calculator for MetaTrader 4 is a custom indicator designed to help forex traders with position size calculations.[…]
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  MT4 Scalping Indicator
  MT4 Scalping Indicator for MetaTrader 4 MT4 Scalping Indicator for MetaTrader 4 is a custom indicator well known across scalping traders. Indicator signal shift in[…]
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  Trend Indicator LTFN
  Trend Indicator LTFN indicator for MT4 Trend Indicator LTFN indicator for MT4 is easy to use popular forex trading indicator. Trend Indicator LTFN Indicator help[…]
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  Support and Resistance Power Indicator
  Support and Resistance Power indicator for MT4 Support and Resistance Power indicator for MT4 is a very useful forex trading indicator. Indicator display dotted lines[…]
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  Multimeter Indicator
  The Multimeter indicator for MT4 The Multimeter indicator for MT4 is another very popular forex trading indicator. Indicator displays signals as color blocks in the[…]
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  Arrows Indicator
  The Arrows indicator for MT4 is an easy to use and very popular forex trading indicator. The Arrows Indicator for MT4 is an easy to[…]