MT4 Indicators
MT4 indicators, MT4 Indicators can be found on Insert Menu as the first option.
These Best MT4 Indicators Free Download option has a pop right button that shows the list of all the MT4 gold indicators under this option as illustrated below.
The Best MT4 Indicators Free Download list is shown below as a popup menu, at the top is a list of the MT4 indicators most popularly used within the MT4 platform by the traders using this MT4 software. This MT4 gold trading indictors list, which vary from trading platform to trading software depending on the gold trading software being used.
Commonly Used MT4 Indicators in the Example Above
On the above examples the most oftenly used MetaTrader 4 Indicators, these are:
- Accelerator Oscillator
- Accumulation/Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
Gold Trend Based
These are shown below:
These are:
- ADX
- Bollinger Bands Indicator
- Commodity Channel Index
- Moving Average Indicator
- Parabolic SAR
- Standard Deviation
The Gold Trend Based Technical Indicators will basically show general direction of the market. These gold trend indicators will either move upward in an upwards gold trend or downward in downwards trend. (Or Sideways no direction /no gold trend).
A trader will therefore trade with direction that is same as that indicated by these gold trend following indicators.
Oscillators
These Oscillators are illustrated below:
These Gold Indicators are:
- Average True Range Indicator
- Bears Power
- Bulls Power
- DeMarker
- Envelopes
- Force Index
- Ichimoku
- MACD
- Momentum
- Moving Average of Oscillator
- RSI
- Relative Vigor Index
- Stochastic Oscillator Indicator
- William’s Percent Range
Volume Based
These are shown below:
These gold volume indicators are:
- Accumulation/Distribution
- Money Flow Index
- On Balance Volume
- Volumes
Volume in Gold Trading don't measure the transaction volume as there is no central gold market like stocks market, but they measure the tick volume, more tick volume the more the number of gold trade transactions, therefore gold traders use tick volumes to estimate the gold trading transaction volumes in the Gold Trading Market.
Bill Williams
The MT4 Bill William Gold Indicators are shown below, these were created by Bill William hence their grouping as Bill Williams:
The Bill William Indicators are:
- Accelerator Oscillator
- Alligator
- Awesome Oscillator
- Fractals
- Gator Oscillator
- Market Facilitation Index
Best MT4 Custom XAUUSD Indicators
These xauusd custom indicators are shown below,
The Custom Indicators are:
- Accelerator
- Accumulation
- Alligator
- ATR
- Awesome Oscillator
- Bollinger Bands Indicator
- Bears Power
- Bulls Power
- CCI
- Heiken Ashi
- Ichimoku
- iExposure
- MACD
- Momentum
- Moving Averages Gold Trading Technical Indicator
- OsMA
- Parabolic SAR
- RSI
- Stochastic Oscillator Indicator
- Zigzag
The Sub Menu, within the MT4 Gold Chart Indicators Insert Menu can be used to place these MT4 Gold Chart Indicators on a gold chart by selecting and then clicking on the MT4 Gold Chart Indicator to place it on the gold chart - Best MT4 Indicators Free Download.
Once you click on an MT4 indicator the following pop-up will appear:
As a trader you can just click 'OK' button key to place the MT4 Gold Chart Indicator on the xauusd chart.
You can also change a few MT4 Gold Chart Indicators setting, for example in the above MT4 Gold Chart Indicator you can set the color style to blue, change the line width and change the period used to calculate the MT4 Gold Chart Indicator settings.
A level can also be added by choosing 'Levels' button as shown below:
To add a level on a MT4 Gold Chart Indicator, just click the add button and select the level where you want to add this zones, normally this is set as a number. The color of the level can also be changed on the style button marked silver along with format of the line and the width of the line.
The next button shown below, visualization button is used to determine which xauusd chart time frame the MT4 technical indicator should appear on:
By default a xauusd MT4 indicator is set to appear on all the xauusd chart time frames, but you can uncheck the "All Gold Chart Time frames" option and select fewer xauusd chart time frames where you want the MT4 indicator to appear on, for example by selecting only the M15, H1 & H4, this way it will not appear on any other gold chart apart from these three xauusd chart time frames - to have it show on all xauusd chart time frames just check the "All Gold Chart Time frames" option. - Learn MT4 Indicators PDF Tutorial - Gold Indicators MT4 Gold Trading Platform