What is an indicator?
An indicator is an algorithm that analyzes the past prices of a currency pair or commodity, or a combination of both. There are several main types of technical indicators: moving averages, oscillators, informational, predictive, mathematical. All indicators display information graphically on the price chart. The purpose of technical indicators is believed to be to predict future prices, but this is not always the case: for example, correlation indicators are used to build a portfolio and manage risks.
Can I use these indicators for Forex trading?
Yes, you can. Indicators simply analyze price data, and the name of the financial instrument and its type does not matter.
What platform are these indicators intended for?
We develop indicators, scripts, strategies and automated trading systems for Metatrader4 and Metatrader5.
How do I install and run the indicator in my MetaTrader terminal?
Once you have downloaded the indicator file, unzip the archive to your desktop, open your MetaTrader terminal, click File - > Open Data Directory-file Browser opens - and copy the indicator file to the MQL -> Indicators folder. Then restart the MetaTrader terminal, and drag the indicator from the navigator to the chart window. Please note that Windows cannot automatically install indicators in your MetaTrader terminal: indicators must be installed manually.
Do you provide free Forex indicators?
Yes, we are happy to offer most of our work for free. All our programs can be obtained for free, at zero cost, due to shareware licensing. All you need to do is open a brokerage account with one of our partner brokers. After you create a brokerage account and open a trading account, request a free license for all programs through the "License Request Form". Learn more about the free access terms.
What are the limitations of free indicators?
Our free indicators are fully functional and have no time limits or functionality limits.
Which Forex indicator is the best?
All indicators are inherently different and perform different functions to varying degrees. You should not blindly believe any indicators. The indicator is not an accurate oracle, it can only analyze historical data.
Are these indicators redrawn?
No, all indicators are written in such a way that historical readings do not change their data. It is important to note that at the current, zero bar, when the price moves, the indicators can give different readings in the flesh before the bar closes. Indicator readings on already closed time periods become fixed.
Do these indicators send notifications?
Almost all indicators have a notification function on your smartphone or mailbox, as well as some indicators give sound alerts during operation.
What financial instruments can I trade with your indicators?
You can use all our indicators on any financial instruments.
On what timeframe is it better to trade with these indicators?
Depending on the type of trading strategy and the manner of your trading, the indicators can be used on any timeframe. Most successful traders recommend starting the analysis from higher timeframes.