What are MetaTrader 4 indicators?
MetaTrader 4 indicators are powerful technical analysis tools which can help you to identify market trends and provide evidence for your predictions about future price movements.
What are MetaTrader 4 add-ons?
As well as the free indicators offered by several brokers , you will also get access to a lot of them of the most used MT4 add-ons. MT4 add-ons enable you to customise the MT4 platform to better suit your individual trading needs.
Each MetaTrader 4 indicator or add-on has a specific purpose, so you may want to combine a few of them to implement the ideal strategy for you.
Download MetaTrader 4 indicators and add-ons
you can download additional ones or even make your own. Other available add-ons include software to help you with Elliott wave theory, and programs to identify levels of support and resistance.
To access the indicators and add-ons within the MT4 platform, simply go to the ‘navigator’ window at the top left of your screen and open the ‘indicators’ folder. You then drag the indicator that you want onto a price chart and a window will pop up for you to decide the parameters that you wish to set.
MetaTrader 4 indicators Examples
You get a number of free indicators when you download MT4 from IG. These are powerful technical analysis tools, which can help you to see your past successes and failures on MT4 charts, add pivot points and alerts, take a look at historic highs and lows, plus much more.
Order history indicator
Examine any of your previous trades, overlaid onto MT4’s charts – so you can replicate your successes and learn from your failures.
Pivot points indicator
Gauge market movement with pivot points and add alerts if they are needed.
Find historic highs and lows on any chart, for any timeframe.
Overlay any chart with Renko bars to analyse price movements with ease.
Chart group indicator
Link charts together, so that changing the symbol on one changes it for all.
Freehand drawing indicator
Draw on any chart completely freehand, at the press of a single button.