MetaTrader 4 indicators and add-ons

Q: What MT4 indicators can I use to see support and resistance levels?

Notable addons and indicators that can be used to identify levels of support and resistance include ‘Support Resistance Indicator’ and ‘Support Resistance’. Autochartist is also capable of identifying support and resistance levels. This is because Autochartist effectively performs the function of multiple indicators at once thanks to its advanced pattern-recognition software.

Analyse the markets and customise your MetaTrader 4 (MT4) experience with our range of free indicators and add-ons. Plus, automate your trading and receive pattern-recognition price alerts.

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How do we enhance your MetaTrader 4 experience?

Six technical indicators

Perform expert, in-depth analysis with a selection of powerful tools developed for MT4 traders

12 popular add-ons

Customise your deal ticket and adapt the MT4 platform to your preferences with popular add-ons

Signal Centre

Step up your trading strategy – and with it your execution speed – using expert market research and analysis from an DFSA-regulated organisation

Expert Advisors

Automate your trading with the help of algorithms that monitor markets 24/7 and execute trades for you

Autochartist

Identify key opportunities and receive trading alerts
from dependable pattern-recognition software

To download our MetaTrader 4 indicators and add-ons, follow these steps:

Create a live account and
go to the ‘My IG’ dashboard to set up your MT4 account.

Download MT4 to your chosen device and log in with your IG credentials.

Your indicators and add-ons
will now be available for
download.

If you’d like to learn more about our MetaTrader 4 indicators and add-ons or how Signal Centre, Expert Advisors and Autochartist work, read our in-depth guide below.

What are MT4 indicators and add-ons?
Our free MT4 indicators
Our free MT4 add-ons
What is Signal Centre?
What are Expert Advisors and how do you use them?
What is Autochartist?

What are MT4 indicators and add-ons?

MetaTrader 4 indicators are useful technical analysis tools that can help you to identify market trends and provide evidence for your predictions about future price movements

MetaTrader 4 add-ons enable you to customise the MT4 deal ticket and platform to better suit your individual trading needs

Each MetaTrader 4 indicator or add-on has a specific purpose, so you may want to combine a few to achieve your ideal strategy.

Our free MT4 indicators

Order history indicator

Examine any of your previous trades, overlaid onto MT4’s charts – so you can replicate your successes and learn from your failures.

Pivot points indicator

Gauge market movement with pivot points and add alerts if they are needed.

High-low indicator

Find historic highs and lows on any chart, for any timeframe.

Renko indicator

Overlay any chart with Renko bars to analyse price movements with ease.

Chart group indicator

Link charts together, so that changing the symbol on one changes it for all.

Freehand drawing indicator

Draw on any chart completely freehand, at the press of a single button.

Our free MT4 add-ons

Mini terminal

Adapt MT4’s deal ticket and charts to your preferences
Get superior deal ticket functionality compared to the standard MT4 deal ticket
See your entries, stops and limits displayed on charts
Switch between pips and cash when viewing running profit or loss
Undock charts from MT4 to view as part of your desktop
Access interactive smart lines directly on charts when you create stops or limits

Trade terminal

Control all your trades from a single, powerful window
See an improved deal ticket with more detail, including the spread
Access configurable risk management tools
Create alerts based on account activity
Carry out bulk actions on all your open positions
Save trades as templates, including advanced order types like breakouts and reversions

Stealth orders

Keep your trades anonymous
Place stops or limit orders automatically using the app
Add stop-losses and limits to your position

Correlation matrix

See how correlated your watched markets are, and limit your risk accordingly
Spot correlations at a glance
Configure by timeframe or number of bars

Alarm manager

Manage all your alerts, or create new ones, in a single window
Set up notifications for a range of scenarios with automatic actions
Create alerts using technical indicators
View and edit alerts that you’ve created elsewhere

Connect

See the latest news and upcoming market events in your trading platform
Add newsfeeds via RSS
Access a detailed events calendar
Real-time currency news from DailyFX

Market manager

Filter markets, view account details and check your open positions in one place.

Sentiment trader

Analyse market sentiment or view a historic price vs sentiment chart.

Tick chart trader

View a variety of tick charts and a new deal ticket for short term traders.

Correlation trader

Looks at the correlations between any two markets.

Candle countdown

See the time remaining in the current bar for a variety of timeframes.

Session map

Check which market is currently open, whether that be New York, London or Tokyo.

What is Signal Centre?

Signal Centre delivers clear and concise trade ideas that are suitable for all traders, whatever their style or level of experience. These trade ideas are based on in-depth market research conducted using a combination of expert human-led analysis and powerful AI technology. They include clear target levels and continuous updates, making it easier for you to find and time your trades.

To access Signal Centre on MT4, you’ll first need to download and install it. Once you’ve done that, you should be able to see it under ‘Expert Advisors’, which is located in the ‘navigator’ tab towards the top left of the screen within the platform.

Then, when you’re ready to use Signal Centre, simply drag it from the navigator window onto an open price chart.

What are Expert Advisors and how do you use them?

Expert Advisors (EAs) are programs that enable you to automate your trading in MT4. EAs are capable of monitoring the markets on your behalf using algorithms and then opening or closing positions according to predefined parameters. Once a position is open, EAs can add stops, trailing stops and limits to help minimise your exposure to risk.

EAs can be found in the ‘navigator’ tab towards the top left of the screen within MetaTrader 4. When you download MT4 from us, you get two EAs already installed: MACD Sample and Moving Average.

To activate either of these EAs on a particular price chart, you first need to make sure that the ‘auto trading’ function found in the top toolbar is enabled.

EAs allow you to automate your trading in MT4

Next, simply drag one of the EAs from the navigator window onto an open price chart.

You can see if it has been activated or not by a smiley face icon in the top-right corner of the price chart onto which you applied the EA.

What is Autochartist?

When you use us to download MT4, you’ll get free access to Autochartist. Autochartist is a powerful pattern-recognition tool that automatically monitors the markets on your behalf. Its software is designed to identify trading opportunities based on support and resistance levels. It does this 24 hours a day, and gives you price alerts whenever a new opportunity presents itself.

Autochartist can be found on the MT4 platform by going to the ‘navigator’ window and clicking on ‘scripts’.

Download Autochartist here

FAQs

Which MT4 indicators can I use to see support and resistance levels?

Notable add-ons and indicators that can be used to identify levels of support and resistance include ‘Support Resistance Indicator’ and ‘Support Resistance’.

Autochartist is also capable of identifying support and resistance levels. This is because Autochartist effectively performs the function of multiple indicators at once thanks to its advanced pattern-recognition software.

Which MT4 indicators can I use for commodities trading?

Moving Averages is one of the most popular MT4 indicators and can be used in commodities trading. It gives you the ability to gauge the direction of the current market trends, enabling you to spot swing lows and swing highs as periods of buying and selling.

Moving Averages is available in the Expert Advisors tab of the navigator window.

How do I create my own custom indicator?

As well as downloading existing indicators and installing them onto your MT4, you can build your own custom indicators. The process for creating a custom indicator is similar to that for creating an Expert Advisor. To do this, press F4 on the keyboard within the MT4 platform, which will bring up the MetaEditor display. In the MetaEditor display, click on ‘New’.

This will bring up the MQL Wizard, where you can create your own custom indicators.

How do I install an MT4 indicator?

To install an indicator onto MT4, you’ll need to copy the indicator file into a folder called ‘indicators’, which you’ll find by clicking ‘file’ in the top navigation bar and then selecting ‘open data folder’.

Can I try out MT4 indicators on an MT4 demo account?

Yes, you can install all our free indicators and apps in an MT4 demo to test-drive them without committing any capital.

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