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MetaTrader Indicators Update

April 11, 2008 (Last updated on July 25, 2008) by

Two new MetaTrader indicators are now available for download from my site. Both indicators come from forex-tsd.com forums. They are very different, but they both looked quite interesting and useful to me.

  1. Murrey Math Line X — indicates a set of support and resistance lines that can be used similarly to the common pivot points. It consists of 8 different lines, each representing a certain pivot level. Adding this on the chart makes it more readable and can help determine next price stop point:Murrey Math MetaTrader 4 Indicator
  2. TRO MultiPair — a very cool indicator by TheRumpledOne from the forex-tsd.com forums. It shows multitimeframe signals for several currency pairs on one window with several gradations of the signal’s strength. It’s based on many smaller indicators and can be quite useful, especially in scalping and long-term trading. A good scalping strategy is to sell when signal shows red-red-magenta for M1, M5 and M15 timeframes for the given pair and to buy when it shows green-green-magenta:TRO MutiPair MetaTrader 4 Indicator

6 Responses to “MetaTrader Indicators Update”

  1. eder

    HELLO EVERYBODY CAN SOMEBODY TELL ME HOW TO INSTALL OR HOW TO BRING UP THE OIL CHART ON META TRADER 4. THANKS

    Reply

  2. Andrei

    As far as I know, ODL Securities offers oil trading via their MT4 platform. Download their demo and try it.

    Reply

  3. eder

    hi does someone knows or has the indicator to use a pancil tool in meta trader, or can someody tell me how and from where to download it. thanks

    Reply

  4. Andrei

    eder, no I don’t know such indicator, but why would you need a pencil tool in MetaTrader?

    Reply

  5. olajide

    how do i save the TRO multipair to appear as it is on your site?

    Thanks

    Reply

    Andrei Reply:

    Like any other indicator.

    Reply

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