Trade Gold Trading

MT4 Indicators

MT4 indicators, MT4 Metal Trading Indicators can be found on Insert Menu as the first option.

These best MT4 Indicators option has a pop right button key that shows the list of all the MT4 metals indicators under this option as shown below.

MetaTrader 4 Technical Metal Technical Indicators Guide - MT4 Analysis Platform

The best MT4 indicators list is shown below as a popup menu, at the top is a list of the MT4 indicators most popularly used within the MT4 metal trading software by metals traders using this MT4 software. This MT4 metals trading indictors list, which vary from trading platform to trading software depending on the metals platform being used.

MetaTrader 4 Technical Metal Indicators Guide - MT4 Analysis Platform

Commonly Used MT4 Indicators in the Example Above

On the above example the most commonly used MT4 Indicators, these are:

  1. Accelerator Oscillator
  2. Accumulation/Distribution
  3. Alligator
  4. ADX
  5. Average True Range Indicator
  6. Awesome Oscillator

Metal Trend Based

These are shown below:

MetaTrader 4 Technical Metal Technical Indicators Tutorial - MT4 Analysis Platform

These are:

  1. ADX
  2. Bollinger Bands Indicator
  3. Commodity Channel Index
  4. Moving Average Indicator
  5. Parabolic SAR
  6. Standard Deviation

The Metals Trend Based Technical Indicators will basically show general direction of the market. These metals trend indicators will either move upwards in an upwards metals trend or downward in a downward metal trend. (Or Sideways no direction /no metals trend).

A trader will therefore trade with direction that is same as that indicated by these metals trend following indicators.

Oscillators

These Oscillators are illustrated & shown below:

MetaTrader 4 Technical Metals Technical Indicators Guide - MT4 Analysis Platform

These Metals Indicators are:

  1. Average True Range Indicator
  2. Bears Power
  3. Bulls Power
  4. DeMarker
  5. Envelopes
  6. Force Index
  7. Ichimoku
  8. MACD
  9. Momentum
  10. Moving Average of Oscillator
  11. RSI
  12. Relative Vigor Index
  13. Stochastic Oscillator Indicator
  14. William's Percent Range

Volume Based

These are shown below:

MetaTrader 4 Technical Metals Technical Indicators Guide - MT4 Analysis Platform

These metals trading volume indicators are:

  1. Accumulation/Distribution
  2. Money Flow Index
  3. On Balance Volume
  4. Volumes

Volume in Metals do not measure the transaction volume as there is no central metals market like metal market, but they measure the tick volume, the more tick volume the more the number of metals trade transaction, therefore metals traders use tick volumes to estimate the metals trading transaction volumes in the Metals Exchange Market.

Bill Williams

The MT4 Bill William Metals Technical Indicators are illustrated and shown below, these were developed by Bill Williams hence their grouping as Bill Williams:

MetaTrader 4 Technical Metal Technical Indicators Tutorial - MT4 Analysis Platform

The Bill Williams Indicators are:

  1. Accelerator Oscillator
  2. Alligator
  3. Awesome Oscillator
  4. Fractals
  5. Gator Oscillator
  6. Market Facilitation Index

Best MetaTrader 4 Custom Metals Indicators

These metal trading custom indicators are illustrated and shown below,

MetaTrader 4 Technical Metal Technical Indicators Guide - MT4 Analysis Platform

The Custom Indicators are:

  1. Accelerator
  2. Accumulation
  3. Alligator
  4. ATR
  5. Awesome Oscillator
  6. Bollinger Bands Indicator
  7. Bears Power
  8. Bulls Power
  9. CCI
  10. Heiken Ashi
  11. Ichimoku
  12. iExposure
  13. MACD
  14. Momentum
  15. Moving Averages Metals Trading Technical Indicator
  16. OsMA
  17. Parabolic SAR
  18. RSI
  19. Stochastic Oscillator Indicator
  20. Zigzag

The Sub-Menu, within the MT4 Metal Trading Indicators Insert Menu can be used to place these MT4 Indicators on a metals chart by selecting and then clicking on the MT4 Metals Chart Indicator to place it on the metals chart.

Once you click on an MetaTrader 4 technical indicator the following window will pop:

MetaTrader 4 Technical Metals Technical Indicators Guide - MT4 Analysis Platform

As a trader you can just click the 'OK' button to place the MetaTrader 4 Indicator on metals chart.

You can also change a few MetaTrader 4 Indicators setting, for example in the above MetaTrader 4 Indicator you can set the color style to blue, change the line width and change the period used to calculate the MT4 Metals Trading Indicator settings.

A level can also be added by selecting the 'Levels' button as illustrated and shown below:

MetaTrader 4 Technical Metal Technical Indicators Guide - MetaTrader 4 Analysis Platform

To add a level on a MetaTrader 4 indicator, just click the add button key and select the level where you want to add this zones, normally this is set as a number. Color of the level can also be changed on the style button marked silver along with format of the line & the width of the line.

The next button shown below, visualization button key is used to determine which metal chart timeframe the MT4 technical indicator should pop on:

MetaTrader 4 Technical Metal Technical Indicators Guide - MT4 Analysis Platform

By default a metal MT4 indicator is set to appear on all the metal chart timeframes, but you can uncheck the "All Time frames" option and select fewer metal chart timeframes where you want the MT4 indicator to appear on, for example by selecting only the M15, H1 and H4, this way it won't appear on any other metals chart apart from these three metal chart timeframes - to have it show on all metal chart timeframes just check the "All Time frames" option. Learn MT4 Indicators PDF Tutorial - Metals Indicators MetaTrader 4 Metals Trading Platform

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