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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.Utility Indicators
Utility indicators is a subgroup of indicators that help you solve some problem, which isn't directly tied to generating a buy or sell signal. Utility indicators don't provide trading signals, they only serve to make life easier for you as a trader.
Most of the time, a utility indicator just extends the trading platform's set of features by adding an option to do something the platform isn't able to do out of the box.
How can utility indicators be helpful in trading?
You will definitely want to use some of these utility indicators if you are struggling to make your MetaTrader do some of the stuff you think it should be able to do.
Utility indicators won't provide you with trading signals, but they will definitely help you focus on your analysis and be more efficient in your trading.
