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MetaTrader 4 & 5

Free MT4 and MT5 Indicators

On screen the two terminals look alike, yet MetaTrader 4 and MetaTrader 5 cannot swap indicator files: MT4 loads .ex4 files compiled from MQL4, while MT5 loads .ex5 files compiled from MQL5. Most tools in this library come in both builds, so the same indicator can follow you to whichever terminal your broker offers.

The cards below are custom indicators built by the MT Indicator Hub team, sorted into families: oscillators, price action, signal and forecast arrows, support and resistance, supply and demand, pivot points, smart money (SMC), ICT, volume and fundamental news tools. Each adds something the built-in lists of the two terminals (30 indicators in MT4, 38 in MT5) leave out, such as filtered entry arrows, automatic levels, pattern detection or an on-chart status panel.

Open any card for real chart examples, a settings table and a full installation guide; these free desktop tools do not load in the MetaTrader phone apps or the web terminal. Switch the platform to see only MT4 or only MT5 files, narrow the level to Beginner, Intermediate or Advanced, and sort by downloads or rating to put the most used tools first.

Indicators

01 MT4 Beginner

Trend Continuation Oscillator MT4 Indicator

MT4 oscillator with Bull and Bear Continuation values; a Buy or Sell arrow marks the bar where either one turns positive.

2,908 views 12 downloads
02 MT4 Beginner

HiLo Trend MT4 Indicator

Draws one green or red trailing line from the latest highs and lows on MT4, paints the candles by trend and marks each new trend with a Buy or Sell arrow.

2,339 views 9 downloads
03 MT5 Beginner

Trend Continuation Oscillator MT5 Indicator

Two lines, Bull and Bear Continuation, filled green or red, with a Buy or Sell arrow on the candle where one of them climbs above zero.

2,785 views 11 downloads
04 MT5 Beginner

HiLo Trend MT5 Indicator

Trails a green or red level from recent highs and lows, colours the candles by trend and prints a Buy or Sell arrow on the closed candle that flips it.

2,358 views 9 downloads
05 MT4 Beginner

MACD Divergence MT4 Indicator

Sets each new swing high or low against the MACD histogram, then marks a labelled Buy or Sell line on MetaTrader 4 wherever the two move apart.

2,297 views 11 downloads
06 MT5 Beginner

MACD Divergence MT5 Indicator

Pairs two swing points 5 to 30 candles apart with the MACD histogram and draws a blue Buy or pink Sell line on both windows when they disagree.

2,284 views 15 downloads
07 MT5 Beginner

Triple Top and Bottom MT5 Indicator

Finds three swing highs or lows at practically one price on MT5 and draws them as a labelled triple top or triple bottom with its neckline.

2,659 views 15 downloads
08 MT4 Beginner

Triple Top and Bottom MT4 Indicator

On MT4, marks three turns at almost one price as a blue TripleTop or a salmon TripleBottom, with a dotted neckline through the swings between them.

2,787 views 17 downloads
09 MT4 Beginner

Fractal Support Resistance Levels MT4 Indicator

On MT4, draws the most recent swing high and swing low as red and green steps, and a three-row panel labels the previous close Bullish, Bearish or Ranging.

2,316 views 14 downloads
10 MT5 Beginner

Fractal Support Resistance Levels MT5 Indicator

Marks the latest confirmed swing high and swing low as red and green step lines on MT5, with a panel that reads the market as Bullish, Bearish or Ranging.

2,239 views 14 downloads
New releases

New MetaTrader 4&5 indicators

View all indicators
01 MT4 Beginner

Trend Continuation Oscillator MT4 Indicator

MT4 oscillator with Bull and Bear Continuation values; a Buy or Sell arrow marks the bar where either one turns positive.

2,908 views 12 downloads
02 MT4 Advanced

ICT Killzones MT4 Indicator

Marks the Asian, London, New York AM and New York PM killzones on MT4 as coloured boxes, with green high and red low lines to each session's end.

2,168 views 14 downloads
ICT Free
03 MT5 Advanced

ICT Killzones MT5 Indicator

Draws the Asian, London, New York AM and New York PM killzones of each day on MT5, with every box's high and low carried on as green and red lines.

2,971 views 15 downloads
ICT Free
04 MT4 Intermediate

RSI Color Candles MT4 Indicator

Paints each MT4 bar in one of four RSI(14) zones and marks with an arrow the bar where RSI first closes over 60 (Buy) or under 40 (Sell).

2,830 views 11 downloads