Indicators and Scripts

Contrary to popular belief, indicators are a rather essential tool, both for trading on stock exchanges and for Forex trading. In this section, we present the most useful and effective Forex indicators and scripts. You won’t find any "magic" indicators here that will "think" for the trader or "tell" them exactly when to enter or exit a trade. All indicators featured here are designed to simplify and enhance the trading process, providing the trader with comprehensive market information to help them make informed decisions about their trading instruments.

Not all scripts and indicators for MetaTrader are free — some are paid products. However, if we feature them here, it means they’re worth it. Some indicators can be downloaded for free directly from our website, while for others, we provide a detailed description and a verified link to the official developer’s website.

Indicators for MT4, MT5

  1. How to Install an Indicator in MT4 or MT5 – A detailed guide on how to install indicators (mq4, ex4, mq5, ex5) in MetaTrader 4 and 5. How to attach an indicator to a chart in MetaTrader.
  2. ClusterDelta – Real exchange data and indicators for volume analysis in MT4 and MT5. Cluster chart on the ClusterDelta online platform.
  3. Volume Indicator – Volume indicator for MT4 and MT5. Real-time vertical volumes.
  4. Market Profile Indicator – Market profile indicator for MT4 and MT5. Market profile, volume profile, delta profile, bid-ask profile.
  5. Delta Indicator – Delta and cumulative delta indicator for MT4 (MT5).
  6. Footprint Indicator – Footprint indicator for MetaTrader displaying volume, delta, and bid-ask data for each candle.