Free MT4 indicators,
reviewed like we trade them.
Every indicator here is genuinely free and open-source, packaged with its original licence, documented with its real settings, and reviewed honestly, including where it falls short.
Top free MT4 indicators
All 20 indicators →
Supertrend
ATR-based trend line that flips color on a confirmed close, a clean, non-repaint trend filter.
Market Profile
Plots value area, point of control and TPO distribution directly on your MT4 chart.
Traders Dynamic Index (TDI)
RSI, volatility bands and signal line fused into one momentum dashboard.
Anchored VWAP
Volume-weighted average price anchored to any bar you choose, institutional fair-value tracking.
Pin Bar Detector
Automatically marks pin-bar reversals on closed candles, pure price action, no repaint.
Keltner Channel
ATR-based envelope around a moving average for trend-pullback and breakout reads.
Trend Indicators
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Supertrend
ATR-based trend line that flips color on a confirmed close, a clean, non-repaint trend filter.
Heiken Ashi
Smoothed candle averaging that strips intrabar noise to show the underlying trend.
ZigZag
Connects significant swing highs and lows using Parabolic SAR as the pivot trigger.
Rainbow Moving Average
A fan of up to 66 moving averages whose spread visualises trend strength and exhaustion.
Raghee Horner 34 EMA Wave
Raghee Horner's 34-period EMA wave with GRaB-colored candles for trend-state reading.
Oscillator & Momentum Indicators
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Traders Dynamic Index (TDI)
RSI, volatility bands and signal line fused into one momentum dashboard.
QQE (Quantitative Qualitative Estimation)
Smoothed, ATR-banded RSI oscillator that filters noise out of momentum signals.
Schaff Trend Cycle
A faster MACD/stochastic hybrid that cycles between overbought and oversold turning points.
CCI Arrows
Classic Commodity Channel Index turned into clean up/down arrows on trend changes.
Vortex Indicator
Two crossing lines (VI+ / VI−) that capture the start and strength of a new trend.
Volatility & Channel Indicators
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Keltner Channel
ATR-based envelope around a moving average for trend-pullback and breakout reads.
Donchian Channels
Highest-high / lowest-low channel, the classic turtle breakout map, fully non-repaint.
Bollinger Squeeze
Histogram of volatility compression and expansion to time breakouts out of quiet ranges.
Support & Resistance Indicators
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Market Profile
Plots value area, point of control and TPO distribution directly on your MT4 chart.
Pin Bar Detector
Automatically marks pin-bar reversals on closed candles, pure price action, no repaint.
Murrey Math Lines
Fixed 1/8th harmonic price levels that frame support, resistance and reversal zones.
Support & Resistance
ATR-and-fractal-based horizontal levels that mark where price has actually reacted.
Volume Indicators
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Anchored VWAP
Volume-weighted average price anchored to any bar you choose, institutional fair-value tracking.
Volume Profile
Horizontal histogram of traded volume by price, revealing high- and low-volume nodes.
Indicators are a tool, not a strategy
All 20 free MT4 indicators, grouped by category, trend, momentum, volatility, support & resistance, volume and strength.
How to use free indicators for confluence and risk control when you're trading a small or funded account, without over-leveraging.
Why most edges are lost to the trader, not the market, and a simple journaling framework that uses your indicators as a checklist.