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MT4 Forex Trading Indicators Programming

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MetaTrader 4 Custom Indicator

One possessing the gift of clairvoyance has the ability to predict all changes in the financial market and make only profitable trading solutions in the right place at the right time. However, even without such a valuable talent, you can drastically improve your trading scores by using a highly effective technical tool that perfectly performs this impossible task that is called an indicator.

To start with, MetaTrader 4/5 is a free trading platform intended for making financial operations in the Forex market. Its main aim is to give traders the possibility to conduct a qualitative technical analysis of the current market conditions and gain maximum profit as a result.

One of the most interesting and useful features of this software is an indicator system. Simply put, indicators are the most significant elements of the technical analysis process. They set specific signals, which help traders to take a winning decision about the right time and way of making transactions.

An obvious advantage of a Forex Trading Indicator is that it can be applied to any other type of market, stocks and bonds market, commodity market, etc.

Learn More About Custom Forex Trading Indicators Development

Indicators are an auxiliary tool that complements standard versions of MetaTrader 4/5. Typically, they are used to analyze chart tools according to a given mathematical formula and based on historical data. Their excellent feature is the representation of quotes in a convenient format, so you can easily perceive and analyze them.

The mechanism of indicators is to mathematically transform the price and/or volumes of a financial instrument to predict future price changes. In this case, a trader gets the opportunity to identify various features and patterns in the dynamics of prices.

Traders are provided with over 2,000 Forex Trading Indicators that analyze financial markets by means of different algorithms. There are numerous categories of indicators: trend indicators, predictors, volume indicators, oscillators, level indicators, and so on. At this point, their classification does not end.

There are also sets of indicators implemented using algorithms of the prominent financial figures as a foundation. The most well-known set of this type is indicators of Bill Williams.

In case of MetaTrader, there are some commonly used indicators (classic indicators), that are pre-installed in any MetaTrader distributive, such as Moving Average (MA), MACD, RSI, Stochastic, Bollinger Bands, etc. The main characteristics of all indicators are reliability, security, efficiency, complexity, delay and so on.

Our MetaTrader developers have a great competence among creation of the classic indicators. When it comes to the MT4/MT5 indicator programming, an enormous amount of other ideas can be implemented.

We are strong in developing any custom indicators in accordance with your specific requirements. Using MetaTrader 4/5 indicator programming services, you get an indicator or a set of indicators that help you to manage your trading activity by:

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Trend Detection Indicator

Any indicator that will help you to identify a trend (either up or down)

Support and Resistance Zones Indicator

An indicator that helps you to detect bouncing market zones

Flat Detection Indicator

An indicator that will help you to take all advantages of a flat market

News Indicator

An indicator that will alert you about an upcoming news event as well as about it’s impact

Trend Strength Indicator

An indicator that may tell you whether trend has just started or if it is already ending

Pivot Point Indicator

An indicator that shows you price levels on which market is likely to reverse

If you want to get a free quote and a time estimation for your custom Forex Trading Indicator idea implementation, please feel free to contact us, describing your project in detail.