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New Version of Free Indicators


New version of free indicators are released. Unlike the previous releases this one doesn’t include new features. We only made some minor speed and stability improvements for all free indicators and compiled to 830 build of Metatrader 4.

Detailed description and FREE download on the Indicators page...

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TrueTL 1.95 is Released!


New feature for True Trendline Indicator:

Switchable trendline groups: True Trendline Indicator sorts the trendines to 4 groups (normal, long, three touches, narrow). The style's settings are available from earlier versions but from now you can show or hide these groups separately with switchers. For example this function is ideal if you would like to trade with only three touches trendlines.

You can find the changelog on the UPDATE page where our customers can download the latest version.

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TrueTL 1.94 is Released!


We are happy to announce these very useful and highly awaited new features:

Multiple instances possibility: From now you can attach two or more instances of the same indicators on one chart. For example you can run 3 RSI Trendline indicators with different settings on one chart. If you would like to use the indicators with old-style object names (if you developed an EA or another reason) you can disable this function with the "Multiple_Instances" setting.

User friendly description for some settings: Thanks for the Metatrader's new abilities we added user friendly description for some settings. For example: Until now the timeframe or the line style were adjustable with numbers. From now you can set them with a drop-down list options.

You can find the changelog on the UPDATE page where our customers can download the latest version.

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New features to our free indicators


We added some new features to our free indicators:

MTF Fractal Indicator: New option for "Extend_Line" setting (Until_Break: draws line until the candle closes it over. Fixed_To_Specified_Candles: You can adjust forward and backward the length of the extend line. Ideal for only peak/bottom visualization.)

Infoboard Indicator: We added a risk calculator module. You can calculate anything with the followings: money risk, lot size, point distance. You can adjust the Tick Value parameter, but the indicator is able to fill in automatically. More about risk management.

All indicators: Over the perpetual optimizing and bug fixing we added user friendly description of settings for some parameters (thanks for the Metatrader's new abilities). For example: Until now the line style was adjustable with numbers. From now you can set from a drop-down list options (Solid Line, Dashed Line, Dotted Line, Dashed And Dotted Line, Dashed And Double Dotted Line).


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MFI Trendline and MFI Divergence Indicators - TrueTL v1.93


Two new promising and requested indicators are released:

  • MFI Trendline Indicator (with MTF and alert functions)
  • MFI Divergence Indicator (with MTF and alert functions)

You can find the changelog on the UPDATE page where our customers can download the latest versions. You can find all of our FREE and paid indicators on the INDICATOR page.

Risk warning

Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency.

Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.

In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. The possibility exists that you could sustain a total loss of initial margin funds.

Risk Warning