The Milanese Market Info Indicator for MT4 is a highly practical tool that provides traders with essential real-time market data directly on their chart. Designed for both new and professional forex traders, it offers instant insights into key parameters like spread, daily high and low, candle timer, swap rates, and distance from a moving average — all in a clean and compact display.
This comprehensive data overview allows traders to make faster and better-informed decisions without needing to switch between multiple tools or panels. Whether you are scalping short-term price moves or managing long-term swing trades, this indicator helps you track important technical metrics right from your MT4 chart.
The Milanese Market Info Indicator serves as an on-screen information panel that updates automatically in real time. Let’s explore its main features:
The indicator displays the current spread of the currency pair, helping traders assess market liquidity and volatility. Tight spreads generally signal favorable trading conditions, while wider spreads indicate low liquidity or high volatility.
The daily high and low levels are critical for identifying potential breakout zones. Traders can use these levels to plan entries and exits:
A break above the daily high suggests bullish momentum.
A break below the daily low indicates bearish strength.
These metrics are particularly useful for intraday and breakout traders.
The candle timer shows how much time remains before the current candle closes. This is an invaluable feature for intraday traders who rely on precise timing for entries and exits.
The indicator also displays swap rates for both long and short positions. This is especially helpful for arbitrage and carry traders, allowing them to see overnight costs or profits for holding positions.
The Milanese indicator calculates and shows the distance of the current price from a predefined moving average (MA). Traders can also input a custom MA period in the settings to match their strategy.
This feature helps determine whether the market is overextended or near equilibrium, assisting in mean reversion or trend-following strategies.
The image above of the GBP/USD H1 chart shows the Milanese Market Info Indicator in action. The layout is designed to be clear and non-intrusive:
Chart Symbol: Displayed in Turquoise
Comments/Labels: Displayed in White
Spread and Profit/Loss: Displayed in Gold
Upward Price Movements: Shown in Lime
Downward Price Movements: Shown in Red
This color-coded visualization ensures clarity, even during fast-moving trading sessions.
Traders can also display the moving average of any higher timeframe (e.g., H4 or Daily) directly on the current chart. This powerful feature allows traders to monitor the alignment of multiple timeframes — for example, trading short-term setups in the direction of the higher timeframe trend.
The Milanese Market Info Indicator provides several actionable insights:
BUY Signal: When price breaks above the current daily high, it indicates bullish momentum — traders can open a buy trade.
SELL Signal: When price breaks below the current daily low, it signals bearish pressure — traders can open a sell trade.
Stop-losses can be placed just below (for buys) or above (for sells) the breakout candle.
If the price is significantly above the moving average, it may indicate overbought conditions.
If the price is below the moving average, the market might be oversold.
This distance metric helps traders anticipate potential pullbacks or trend continuations.
For traders holding positions overnight, the swap data displayed helps assess potential gains or costs.
For example:
A positive swap on long positions encourages longer holding periods.
A negative swap may prompt quicker exits to avoid overnight costs.
Instant Access to Critical Market Data — No need to switch between panels or tools.
Supports All Timeframes — Works efficiently on intraday, daily, weekly, and monthly charts.
Customizable Moving Average Settings — Adjust according to your preferred strategy.
Helps Both Scalpers and Swing Traders — Equally effective for short and long-term trading.
Non-Intrusive and Easy to Read — Compact display ensures a clutter-free chart.
Free to Download and Install — Accessible to all MT4 users.
While the indicator can be used on any symbol, it performs best on major forex pairs such as EURUSD, GBPUSD, and USDJPY due to their consistent liquidity.
For timeframes:
Scalpers → M1 to M15
Intraday Traders → M30 to H4
Swing Traders → Daily and Weekly
By combining the Milanese Market Info Indicator with technical indicators like Moving Averages, MACD, or RSI, traders can develop a complete trading strategy with precision entries and exits.
The Milanese Market Info Indicator for MT4 is one of the most useful tools for traders who want quick access to critical market information. It conveniently displays the spread, candle timer, daily high/low, swap rates, and distance from the moving average, all in one compact panel.
Unlike traditional indicators that focus only on price or volume, the Milanese Market Info Indicator helps traders make informed decisions by blending technical and practical data points.
Whether you’re a scalper, intraday trader, or swing trader, this indicator is a must-have for your MT4 toolkit.
Download the Milanese Market Info Indicator for MT4 for free today and enhance your trading efficiency with real-time insights.
Published:
Nov 05, 2025 13:30 PM
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