Dolly Graphics Indicator
Pivot-based buy/sell zone indicator v18 · Daily range + GMT shift · Free · MT4
About Dolly Graphics Indicator
The Dolly Graphics Indicator (version 18, with earlier v11 GMT Shift and later v16 variants also in circulation), documented at best-metatrader-indicators.com, mt4collection.com, and forexpops.com, is a pivot-based trading tool for MetaTrader 4 that highlights potential buy and sell zones directly on the chart. It's one of the most popular and long-standing free indicators in the forex community.
Using pivot points calculated from the previous day's high, low, and close, it identifies key support and resistance levels for planning entries and exits, and displays additional market data including the daily open, daily range, and GMT time shift. Buy zones are colour-coded blue/dark blue, while sell zones are colour-coded red/maroon. Newer versions (v16+) added on-chart buttons for quick access to the most-used Dolly functions.
- Platform: MetaTrader 4
- Type: Pivot-based S/R zone indicator with GMT shift display
- Signals: Blue/dark blue = buy zone, red/maroon = sell zone
- Extra data shown: Daily open, daily range, GMT time shift
- Version: 18 (also widely known as v11 GMT Shift, v16)
- Price: Free
- Source: best-metatrader-indicators.com · Dolly Graphics Indicator