Forex trading indicators: an ultimate tool to spot the trend and to set up the trade

You can add an indicator or oscillator to the chart with the help of this button on the toolbar or with help of Insert → Add Indicator menu:

In addition, you can click the right mouse button on the chart and select the "Add Indicator" item.

For your convenience indicators are divided into 6 groups according to the functions:

  1. Trend indicators
  2. Oscillators
  3. Volume indicators
  4. Volatility indicators
  5. Adaptive indicators
  6. Custom indicators

If you add your own indicators, you can find them in the Custom indicators submenu.

You will see the dialog where you can modify indicator's properties before it is placed on the chart:

To modify an indicator’s parameter, you need to double-click on it or click the left mouse button and press the "Enter" key. Some of the properties may have the drop-down list or a dialog window where you can select some values:

To cancel changes, press the "Esc" button on the keyboard, and to apply them press the "Enter" or "Tab" button, or click the left mouse button on the dialog.

Each indicator is linked to one timeframe of the chart window. So, if you place it on the H1 time frame, you will not see it on other time frames (15 min, 1 min, etc.). It was done for optimization purposes, if not, it would slow down the testing process significantly. We recommend you to place indicators only on those time frames where you need them. You can do it with the help of "Timeframes" tab, activate the needed timeframes here:

To edit the indicator on the chart, please click the right mouse button on the indicator's line, you will see the next menu:

You can edit indicator's properties (select “Edit …” option in this case) or delete it from the chart (“Delete …“).

You can combine more than 1 indicator in the oscillator window. Click the right mouse button in the oscillator window and select "Add indicator to window". When you delete the oscillator's window, all other indicators in this window will be deleted too.

Also, you can see and manage all the indicators on all charts and timeframes with the help of “List of indicators” button on the toolbar:

Here you can edit indicator properties, delete indicators, or delete all indicators on all charts at once.

We included lots of standard indicators into Forex Tester, but if you need any of the custom indicators that is not included in the program, you can create it by yourself or hire a programmer who can do this job. Looking for someone to code an indicator / EAs or Expert Advisor from the scratch for you? Check the available opportunities here

Custom indicators in .dll format could be installed with the File → Install → Install indicator menu.

Indicators in .mql format should be converted to .dll first. In order to perform this operation just select the path to the MQL-file on your computer, check the “I agree that my MQL4 file will be sent to Forex Tester server for conversion” option and click on the “Convert” button.

*Please NOTE: File transferring is safe, we do not pass the source code to third parties and after successful conversion the source file will be deleted.

In case of successful conversion you will see the message: Indicator installed.

After importing you can find your indicators in the Insert → Add Indicator → Custom menu.

If an error occurs during the conversion, the program will offer to contact us by email to send the strategy / indicator / script file for manual conversion by our programmers.

The list of built-in Forex Tester indicators:

  1. 1.1 Trend indicators:
    • Adaptive Moving Average 2 (AMA2)
    • Alligator
    • Bollinger Bands
    • BBandWidthRatio
    • DeMarker
    • DonchianChannel+Midline
    • Envelopes
    • HeikinAshi
    • HMA Colored
    • Ichimoku
    • Keltner Channel
    • Linear Regression Channel
    • MA Crossover Signals
    • MA Colored
    • Moving Average
    • Moving Average+Levels
    • Parabolic SAR
    • Pivot Points
    • Price Channel
    • ZigZag
  2. 1.2. Oscillators:
    • Accelerator Oscillator
    • Aroon
    • Average Directional Movement Index
    • Awesome Oscillator
    • Bears Power
    • Bulls Power
    • MACD
    • MACD new
    • Momentum
    • Polarized Fractal Efficiency (PFE)
    • Rate of Change (ROC)
    • Price Daily Range
    • Relative Strength Index
    • Solar Wind
    • Trade dynamic index (TDI)
    • Williams' Percent Range
    • Ultimate Oscillator
  3. 1.3. Volume indicators:
    • MarketProfile(old)
    • Market Facilitation Index
    • Money Flow Index
    • On Balance Volume
    • Volume
  4. 1.4. Volatility:
    • ADR
    • Average True Range
  5. 1.5. Adaptive:
    • FATL (Fast Adaptive Trend Line)
  6. 1.6. Custom
    • ATR_MA
    • Bollinger Bands %b
    • Commodity Channel Index (CCI)
    • Elder`s Force Index
    • Engulfing Bar
    • Fractals (B.Williams)
    • Gann HiLo
    • I-Sessions
    • Inside Bar
    • Ishimoku
    • PCCI
    • Range bars
    • Range Expansions Index
    • Stochastic
    • Time box

This list of indicators is not final. It will be updated as the new indicators will be added to Forex Tester 4.