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Tools
Position Sizer
Calculate risk-based position size directly in your MetaTrader platform and execute a trade in one click or a press of a button.Education
What Is Forex
Learn what Forex is and how it works from this simple explanation.Indicators
Supertrend
Download the Supertrend indicator for MT4 and MT5 to detect trend changes based on the price action.Tools
Position Size Calculator
Calculate your position size based on risk, stop-loss, account size, and the currencies involved. A simple online calculator for quick results.Indicators with Alerts
Both MetaTrader and cTrader offers a powerful mechanism of alerts to be issued by custom indicators. Unfortunately, the capability of the standard built-in indicators to provide useful alerts is non-existent. That is where custom indicators with alerts come handy. Such indicators not only provide useful analysis and calculations but also let you set up conditions for alerts and choose the way such alerts are delivered to you.
Each indicator in this group is different — their only common feature is their ability to notify you with alerts.
RSI Multi-Timeframe ver. 1.04, 2024-08-16
A multi-timeframe Relative Strength Index (RSI) indicator.
Trade Assistant ver. 1.02, 2022-03-26
A multi-timeframe indicator that analyzes the market conditions on timeframes from M5 to D1 using the Stochastic Oscillator, RSI and CCI standard indicators. The output is a set of buy or sell signals displayed as a table below the chart. It's very easy indicator to trade using both small and large timeframes.
Pattern Recognition Master ver. 1.02, 2022-03-18
An indicator for the automatic Japanese candlestick patterns recognition. It marks each candle, which fits any pattern, with the special code that represents the appropriate candlestick pattern. The legend for the patterns and the corresponding symbols is also attached to the chart with this indicator.
Why use indicators with alerts in MetaTrader or cTrader?
- Get notifications when your indicator is signaling a buy or sell setup.
- No need to monitor all your charts all the time — you will get alerted if something important happens.
- Significantly simplifies your work when analyzing many charts at once (for example, 20-30 charts).
- If you are setting up your indicators on a VPS, getting email or mobile notifications from your indicators is probably a must.
