**Free MT4/MT5 Indicators and Videos **

### All indicators are available for free on Google Drive

### Fractals Direction ST Patterns MT4/MT5 Indicators:

The Fractals Direction ST Patterns MT4/MT5 indicators are a modification of the Fractals indicator by Bill Williams and allows you to set any number of bars to find a fractal. Also in the settings it is possible to set the number of points to determine the direction of the trend. An upward direction is determined if the last up fractal is higher than the penultimate up fractal. The downward direction is determined if the last down fractal is lower than the penultimate down fractal.

This simple indicator corresponds to the parameters specified in the ST Patterns trading strategy. ST Patterns are recognized and built only on the basis of the fact of breaking through fractal levels and the distance to the Target. ST Patterns remove uncertainty from the market and simplify the trader's work.

A fractal consists of two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal meets the following conditions:

Upper fractal - the maximum (high) of the signal bar is greater than or equal to the maximums of all bars from the range on the left and right;

Lower fractal - the minimum (low) of the signal bar is less than or equal to the minimums of all bars from the range on the left and right.

Sloped arrows are used to indicate the direction of the trend.

Input parameters:

Bars around - the number of bars before and after the central bar.

Arrow offset - offset of the arrow from the high / low of the bar in price points.

Trend detect offset - the number of points to determine the direction of the trend.

On the Colors tab, you can customize the arrow colors and size separately for the upper and lower fractals.

### Fractals ST Patterns MT4/MT5 Indicators:

Fractals ST Patterns is a modification of Bill Williams' Fractals indicator. This simple indicator corresponds to the parameters specified in the ST Patterns forex trading strategy.

The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions:

Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right.

Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right.

Inputs:

Bars around - number of bars before and after a fractal used in calculation;

Arrow offset - visual offset of the arrow from the bar's High/Low in points.

Also, you can set the arrows' color and size separately for upper and lower fractals in the Colors tab.

### ADR ST Patterns MT4/MT5 Indicators:

ADR ST Patterns is a modification of the classical ADR indicator. The indicator calculates the average daily range of completed trading days and divides this value by a given amount. The result is displayed as a graph in a separate window. It is possible to use the indicator on various time schedules. Thus, this simple indicator corresponds to the parameters specified in the ST Patterns forex trading strategy.

Inputs:

ADR Period - Number of days used to calculate the average.

Divider - Divisor to which the ADR is divided.

You can set the color and size of the chart in the Colors tab.

### For the ADR indicator to work, the trading terminal must have a history of daily (D1) charts!

### How to install a custom indicator on MetaTrader 4

**Change the levels of the Fibonacci indicator:**

Thus, set up this way, the Take Profit will be 400% of the height of the fractal corridor, while the height of the fractal corridor itself will be equal to 100%. The level of 210% is important because in this area there can be significant price reversals in the opposite direction.