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Free Expert Advisors and Indicators for MetaTrader 5 - 3

icon Use trading robots and indicators to make Forex trading more profitable. Trading robots allow you to automate opening and closing deals, while indicators help you predict market behavior more accurately. The page features the catalog of MetaTrader 5 applications.
Lot by Risk MT5
Sergey Vasilev
4.5 (8)
The Lot by Risk trading panel is designed for manual trading. This is an alternative means for sending orders. The first feature of the panel is convenient placing of orders using control lines. The second feature is the calculation of the order volume for a given risk in the presence of a stop loss line.   Control lines are set using hot keys: take profit – T key by default; price – P key by default; stop loss – S key by default; You can configure the keys in the settings of the trading panel.
FREE
Growthamp MT5
Conor Stephenson
5 (6)
Growthamp is a grid expert designed for clients who want to customise their own entry conditions. The expert enters trades using two input custom moving averages and optional stochastic oscillation. It then manages orders into profit using chosen order management & close functions. Signals & Group Chat : https://www.mql5.com/en/users/conorstephenson Key Features  Customisable entries and trade management. 36 Different Moving Average types to choose from. Follow trend or enter using Moving Ave
FREE
VWAP Indicator
LUC JACOBUS A VERHEECKE
4.23 (22)
Volume Weighted Average Price (VWAP) The volume weighted average price (VWAP) is a   trading   benchmark   used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This indicator VWAP V2 is free and is the manual version of the extended Easy VWAP indicator (30 Euro), where the date and time properties are automatically entered. Wit
FREE
FVG Screener
Konstantinos Kalaitzidis
5 (1)
The "FVG Screener" is a FREE utility tool designed to identify and alert on "fair value gaps" (FVGs), a concept popularized by ICT. This EA is intended to be used by traders who use fair value gaps in their trading.  The panel provides a simple and intuitive interface for selecting the desired timeframes, enabling traders to focus on specific timeframes regardless of the timeframe that their chart is on. The EA scans the market for imbalances or FVGs, which are essentially discrepancies between
FREE
XA Risk Reward Ratio Tool MT5
Marzena Maria Szmit
4.94 (16)
XA Risk Reward Ratio Tool MT5 tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional tool can estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Using Risk Reward Ratio Tool, you can with one click carry out transactions, cancel position, set position rate, set opening point, TP, SL and many other features.  Risk
FREE
Dark Mimas MT5
Marco Solito
4.49 (91)
Dark Mimas  is a fully automatic Expert Advisor for  Scalping   Trading. This Expert Advisor needs attention, in fact presents highly customizable. Dark Mimas is based on   Dark Oscillator MT5  indicator, these Trades can be manage with some strategies. The expert advisor is able to get a very high-rate of winning trades. Optimization experience is required to Download the robot. My tests are indicative, for best results it is necessary to study the user manual and create your settings. All the
FREE
Stenco Recover EA
Yevgeniy Koshtenko
5 (1)
Revolutionary Forex expert advisor, built on the principles of the unique Recovery trading system. The key to the effectiveness of this algorithm is the accurate analysis of price behavior near psychologically important round levels. Moreover, the system uses a special price representation in the form of coordinates different from traditional candlestick charts. Main advantages of the advisor: Recovery strategy, based on price recovery High accuracy in identifying key support and resistance leve
FREE
Paula Bollinger Bands
Francisco Gomes Da Silva
5 (2)
Transform your investment strategy with the Expert Advisor for MetaTrader investor robot. Based on the powerful Bollinger Bands strategy, created by Joe Ross and dubbed Paula by renowned Brazilian trader Rodrigo Cohen, you will have access to advanced technology that will maximize your profits and minimize your risks. Don't waste any more time with old and inefficient strategies. With our investor robot, you will have access to a highly accurate algorithm that combines technical analysis of m
FREE
Bar Number
Francisco Gomes Da Silva
5 (2)
Candle counter This indicator counts and identifies candles based on a longer time frame Bigger Timeframe You can choose the daily timeframe as " Bigger Timeframe ", and run it within any smaller chart. that it will count the bars based on the daily chart . If you pass as a parameter the timeframe " H1 " then the indicator will know how to count the bars inside the H1 chart you just need to run it on smaller charts. The main parameter is the " Bigger Timeframe " which is a larger timeframe than
FREE
AW Classic MACD MT5
AW Trading Software Limited
4.55 (29)
Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications Benefits: Works on all instruments and timeseries Trend indicator with   oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert MT4 version ->  HERE  / Our news ->  HERE   How the indicator works: AW Classic MACD - Indicator
FREE
Dynamic Grid M5
Kenneth Parling
4.4 (5)
Introduction Dynamic grid M5 expert  for those who have grid systems as their favorite. Relatively very simple algorithm that can trade on most common Forex majors and minors on any time frame. There are no guarantees that the algorithm lives up to high expectations or that any positive historical results achieved in the strategy tester guarantee the same in the live/demo future trading.  Traded time frame and symbol Any time frame Forex majors and minors Characteristic features Volume (lots)
FREE
Harmonic Hybrid
Clemence Benjamin
Volume and RSI-based sniper entry signals for Boom and Crash synthetics feature robust entry alert systems. For more advanced filter signals, consider the Harmonic Hybrid Pro. When trading spikes, three orders are strategically placed to manage risk, with the third order positioned close to the highest probability of a spike. Signals are no longer valid fifteen minutes after the final order, and any losses should be closed promptly. For take profit (Tp), it is advisable to exit shortly after a s
FREE
Cybertrade Auto Fibonacci retraction and projection  - MT5 ##### Free indicator for an indefinite period. ##### Auto Fibonacci is an indicator that automatically plots the Fibonacci retracement and projection based on the number of bars you select in the indicator setting. You can customize nine different levels of retraction and three levels of projection. It works on periods longer than the period visible on the chart. All values ​​are available in the form of buffers to simplify possible au
FREE
Double Tops And Bottoms MT5
Alexander Nikolaev
4.83 (6)
This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
FREE
Trend Master Chart MT5
Frederic Jacques Collomb
5 (2)
Trend Master Chart is the trend indicator you need. It overlays the chart and uses color coding to define different market trends/moves. It uses an algorithm that combines two moving averages and different oscillators. The periods of these three elements are modifiable. It works on any time-frame and any Pair. At a glance you will be able to identify an upward or downward trend and the different entry points into this trend. For example during a marked upward trend (light green color) the dif
FREE
Donchian Scalper EA
Robots4Forex Ltd
4 (9)
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate
FREE
Your False Hope
Evgeniy Scherbina
4.92 (12)
The advisor "Your False Hope" is a fully automated strategy which trades several symbols, such as AUDUSD, EURUSD, USDJPY, USDNOK and some others. The set of symbols may change while the strategy is improved. I created this strategy as a parody of pipe dreams of Internet users about magical possibilities of machine learning for financial markets. The objective is to show that normalized inputs of any set of symbols can be learned by a neural network. Attention! The advisor uses Gold (Gold or XAUU
FREE
"Hunttern harmonic pattern finder" base on the dynamic zigzag with the notification and prediction mode This version of the indicator identifies 11 harmonic patterns and predicts them in real-time before they are completely formed. It offers the ability to calculate the error rate of Zigzag patterns depending on a risk threshold. It moreover sends out a notification once the pattern is complete. The supported patterns: ABCD BAT ALT BAT BUTTERFLY GARTLEY CRAB DEEP CRAB CYPHER SHARK THREE
FREE
Mini POC
Flavio Javier Jarabeck
4.76 (25)
For those who struggle with overbloated Volume Profile/Market Profile indicators, here is a solution that contains only the Point of Control (POC) information. Super-fast and reliable, the Mini POC indicator presents this vital information visually within your chart. Totally customizable in splittable timeframes, type of Volume, calculation method, and how many days back you need. SETTINGS Timeframe to split the POCs within the day. Volume type to use: Ticks or Real Volume. Calculation method
FREE
Sniper MACD
Yaroslav Varankin
4.15 (13)
The "Sniper MACD" indicator is an enhanced version of the classic MACD indicator, optimized using several methods to achieve maximum trading efficiency. This indicator features additional filtering and multiple levels of smoothing, allowing for more accurate signals. Key Features: Additional Filtering: Extra filtering has been implemented to improve signal quality, helping to avoid false signals and increase forecasting accuracy. Multiple Smoothing: The indicator has been smoothed multiple time
FREE
AW Trading Sessions Time MT5
AW Trading Software Limited
5 (2)
For the convenience of traders in obtaining data on the performance of markets and better formulating trading strategies, we have developed a trading session indicator. The opening hours of various exchanges affect trading as it affects market activity and trading volumes. These factors determine the volatility and trading opportunities of different instruments. The AW Trading Sessions Time indicator displays the trading hours of the Asian, London and New York markets. Traders can show or hide d
FREE
The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it. Version for MT4: https://www.mql5.com/en/market
FREE
Sylvan Crash500 Heiken Ashi
Quintin Francois Vanwyk
4.83 (6)
FOR CRASH 500 ONLY!! MT5 *This is a smooth heiken ashi setup meant to be used on CRASH 500 in combination with other indicators. *You are welcome to test it on other markets aswell. *I will be posting other indicators aswell to help with trading the crash 500 market. *You can use this to help smooth out price if you do struggle with reading the charts as is. * Just note heiken ashi doesnt represent real price action only smoothes it out for ease of read.
FREE
Quantum5
Tian Yu Li
4 (13)
Quantum is a High Frequency EA with relatively lower risk. It trades tens of trades per day but generally the max drawdown is below 15%.  MT5 Version ======== Usage======== : Symbol: Any Main pairs Timeframe: M15 or higher Recommend Lots: 0.01 per 2000 USD Note: Grid strategy is alwasy with some risk due to the increasely accumulated risky lots. but the high profit makes such strategy still being popular no matter how forex industry developed.   this is why we spent many years on rese
FREE
Scalping Grid Trading Bot
Nico Schirrmacher
5 (3)
Grid Scalper, developed by Profectus.AI, is a cutting-edge trading bot harnessing the power of scalping. This pro bono product showcases our expertise and offers a competitive edge in financial markets. Welcome to Profectus.AI, the leading pioneer in democratizing algorithmic trading. With a visionary approach, we strive to level the playing field, making algorithmic trading accessible to all investors. Our mission is to empower individuals with powerful tools and cutting-edge technology, enabl
FREE
VP hidden
Emr Aljnaby
5 (6)
The indicator works to convert normal volume into levels and determine financial liquidity control points. It is very similar in function to Fixed Volume Profile. But it is considered more accurate and easier to use than the one found on Trading View because it calculates the full trading volumes in each candle and in all the brokers present in MetaTrade, unlike what is found in Trading View, as it only measures the broker’s displayed prices. To follow us on social media platforms: tel
FREE
AW Super Trend EA MT5
AW Trading Software Limited
4 (8)
A fully automated trading system that works on the signals of the classic "Super Trend" trend indicator. The Expert Advisor uses a classic trading strategy without the use of grids, martingale, scalping. The Expert Advisor has built-in automatic lot calculation, multi-timeframe trend filtering, stop loss.   If necessary, you can connect a martingale that   accompanies   orders using trailing and breakeven. Signal monitoring ->  HERE  / Free AW Super Trend indicator ->  HERE  / MT4 version -> HER
FREE
FVG Finder
Amrullah Khan
5 (1)
Fair Value Gaps (FVG) and Liquidity Voids are price ranges you can exploit for better entries and exits on your trades. They're similar concepts, so let's look at them from the top and break it down. Think of FVG and Liquidity voids as soft-spots in the market. They are paths of least resistance. That doesn't mean price will go through them, but price could go through them more easily.  To find and locate it is easy but tidiest to repeat the same thing all over again. This helps to boost your
FREE
With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. How does it work? Simply fill out the Start Price, TP (Take Profit), SL (Stop Loss), and Volume parameters, and click on the "Open Trade" button to immediately place the order/trade. The "Long" button allows you to select whether you want to Buy
FREE
Day Trader WorkTime
Aurthur Musendame
4.91 (22)
The worktime indicator helps you identify the most important times to day to trade the currency pairs. It was created based on the ICT day trading free tutorials that are freely vailable on his youtube channel.  You can use this indicator together with my other indicators that i have shared freely with you like the true day, custom periods, daily month, weekly open lines - they together complement each other very well. Nuggets from this indicator: 1. Draws the asian session box showinng you th
FREE
Bounce Zone MT5
Nguyen Thanh Cong
4 (6)
Introduction The Bounce Zone indicator is a cutting-edge non-repainting technical tool built to identify key areas on the price chart where market sentiment is likely to cause a significant price reversal. Using advanced algorithms and historical price data analysis, this indicator pinpoints potential bounce zones. Combined with other entry signal, this indicator can help forex traders place the best trades possible Signal A possible buy signal is generated when price is in the green zo
FREE
AW Turtles Indicator MT5
AW Trading Software Limited
4.47 (19)
The indicator works according to the Turtle system and classically assumes a time interval of 20 and 55 candles. A trend is monitored over a given time interval. Entry is made at the moment of breakdown of the support or resistance level. The exit signal is a price breakout in the opposite direction of the trend of the same time interval. Advantages: Instruments: Currency pairs, stocks, commodities, indices, cryptocurrencies Timeframe: Classically D1, also suitable for working with any timefr
FREE
Pivot trading: 1.pp pivot 2. r1 r2 r3, s1 s2 s3 Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Cooperation QQ:556024" Cooperation w
FREE
Candle Counter is an indicator that prints the number of candles from the first candle of the day . The first candle of the day will be the number 1 and each new candle will be increased by 1 in this count. Input Parameters Choose from even, odd or all Distance from candle to Print the number Text Font Size Text Font Color If you still have questions, please contact me by direct message:  https://www.mql5.com/en/users/robsjunqueira/
FREE
Smart Calculator
Renato Fiche Junior
4.64 (14)
Simple utility to calculate margin and financial value according to the number of lots and points informed by the user. This is a product developed by the Renato Fiche Junior and available to all MetaTrader 5 users! Partners: "Águia Traders"  team ( Eagle Traders ) by  Larissa Sihle  #aguiatraders #larissasihle Input Parameters - Balance : Account balance. The margin percentage will be calculated based on the balance informed by the user.
FREE
Trend Arrow Signal
Pham Minh Huy
4.5 (4)
Trend Arrow Signal gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern. As the name indicated, this is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend. The main trend is determined by EMA 50 and can be changed manually to suit your preference. Trend arrow signal can work on all time frames.  It gives signal at close of th
FREE
Renko Chart
Marcin Konieczny
4.27 (11)
This indicator allows to display Renko charts in the indicator window. Renko charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows to focus on main trends. Time is not a factor here. Only price movements are taken into account. That's why Renko chart is not synchronized with the main chart it is attached to. Indicator works in two modes: CLOSE - only close prices are taken into account while building the chart HIGH_LOW - only high/
FREE
This indicator automatically identifies demand and supply zones on a number of 1000 candles or more, and you can change that number of settings.  It also carries a high level of accuracy in describing the type of each zone, as it contains: Weak areas . Untested areas . Strong areas . Role-taking areas . Areas tested + number of times visited . Areas to which a return is expected, depending on the direction . The indicator contains alert zones. For signals and more free indicators, you ca
FREE
Candel Clock Spread MT5
Mr Sakkarin Panya
2.6 (5)
Show the time of candlesticks and spread. All data will be displayed in a rod. Can change color Can fix the size as needed MT4 : Link https://www.mql5.com/en/market/product/102742 MT5 : Link https://www.mql5.com/en/market/product/102834 Most free code on various websites I didn't write it myself. I only do a little bit. If you like it, please give 5 stars with it. Thank you.
FREE
ADXW Cloud
Shahabeddin Baset
4.6 (5)
This is Wilder's ADX with cloud presentation of DI+ & DI- lines. Features 4 standard lines of the ADX indicator: DI+, DI-, ADX, ADXR cloud presentation of DI+/DI- lines with transparent colors applicable to all time-frames and all markets What Is ADX J. Welles Wilder Jr., the developer of well-known indicators such as RSI, ATR, and Parabolic SAR, believed that the Directional Movement System, which is partially implemented in ADX indicator, was his most satisfying achievement. In his 1978 boo
FREE
Time Session OPEN-HIGH-LOW-CLOSE This Indicator Will Draw Lines Of OHLC Levels Of Time Session Defined By User. It Will Plot Floating Lines On Current Day Chart. Time Session Can Of Current Day Or Previous Day. You Can Plot Multiple Session Lines By Giving Unique ID To Each Session. It Can Even Show Historical Levels Of Time Session Selected By User On Chart To Do Backdating Test. You Can Write Text To Describe The Lines.
FREE
MT4 Version Available Here:  https://www.mql5.com/en/market/product/43528 Telegram Channel & Group :  https://t.me/bluedigitsfx V.I.P Group Access:   Send Payment Proof of any of our Paid Products to our Inbox Recommended Broker:   https://eb4.app/BDFXOsprey * The Most Sought After Pip Counter for Metatrader ! Features Will show Currency Symbol in BLUE for Buy positions. Will show Currency Symbol in RED for Sell positions. Will Show pips in BLUE Color for Positive Pips Will Show pips in
FREE
Reversal Composite Candles
MetaQuotes Ltd.
3.43 (23)
The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can
FREE
BoS CHoCH Indicator
Usiola Oluwadamilol Olagundoye
The Expert Advisor for this Indicator can be found here: https://www.mql5.com/en/market/product/115445 The Break of Structure (BoS) and Change of Character indicator is a powerful tool designed to identify key turning points in price movements on financial charts. By analyzing price action, this indicator highlights instances where the market shifts from a trend to a potential reversal or consolidation phase. Utilizing sophisticated algorithms, the indicator identifies breakouts where the str
FREE
Cybele CFD MT5
Evren Caglar
5 (3)
Why Cybele and If It Can Be Used In Prop Trading Accounts? Do you ever think, why retail customers in the Forex market almost always lose money or why it is extremely difficult to generate consistent profits with the most expert advisors in the marketplace? The answer is apparent: 1- Very few qualified traders or market specialists become developers, 2 -MQL5 is not a perfect platform for testing  expert advisors and often broker companies are not fair for their customers. The truth is that dat
FREE
Three Moving Averages
MetaQuotes Ltd.
3.32 (34)
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA. Trade signals: Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend). Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend). Input parameters: Inp_Signal_ThreeEMA_FastPeriod = 8; Inp_Signal_ThreeEMA_MediumPeriod = 38; Inp_Signal_ThreeEMA_SlowPeriod = 48; Inp_Signal_ThreeEMA_StopLoss = 400; Inp_Signal_ThreeEMA_TakeProfit = 900; I
FREE
Santa Renko
Marco Aurelio Cestari
4.95 (19)
Simple   Renko Chart Generator. Just place the EA on the desired symbol, configure and hit OK, your Renko Chart is generated. You can attach any MT5 compatible indicator or template to the renko chart and perform your technical analysis. Settings: Origin Symbol Custom Symbol Type (Pips, Ticks, Points, R) Brick Size Show Wicks Brick Open Time Asymmetric Reversals Chart Mode Refresh Ratio Watch Market Book History Start Date History Type (1 minute OHLC, Real Ticks) * Strategy Tester: Use 1 minu
FREE
This is a very simple indicator and easy to use for everyone. However, it's very visual, useful and effective. It is suitable for every Forex symbol and any timeframe. But from my testing and investigation, I do not recommend to use it with timeframes M1, M5, M15.  Setting. - Choose alert On/Off ( default ON). - Select time ( seconds) between 2 alerts . Default is 30 seconds  How it works? Uptrend—When color of the bar is Green. Downtrend—When color of the bar is Orange. A reversal happens if co
FREE
Structure Blocks
Haidar, Lionel Haj Ali
5 (1)
Structure Blocks: a structured way to analyze market structure  This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am   Lio , don't hesitate to reach out! I am always available to respond, help, and improve.  How it works: Each block consists of a move wit
FREE
Quantum Dow Jones
Marco Brugali
4 (4)
Quantum Dow Jones Quantum Dow Jones Settings Symbol: US30 Timeframe: 5M Lots: Lots Average Trade Profit Maximum Drawdown (MAX DD) Net Profit in 2 Years 0.01 $0.20 $2.76 $240 0.10 $2.00 $27.6 $2,400 1.00 $20.0 $276 $24,000 10.0 $200 $2,760 $240,000 Overview The Quantum Dow Jones is a sophisticated automated trading tool, specifically designed to operate on the Dow Jones. With an average frequency of 45-50 trades a week, this bot combines advanced machine learning algorithms with price action te
FREE
Boom and crash Gold Miner v2 trend histogram which works in conjunction with the indicator above that has arrows as shown in the video. PLEASE Note: That the top indicator and the bottom indicator are two separate indicators. the top indicator is  https://www.mql5.com/en/market/product/98066 the bottom one is free. which is the histogram at the bottom.  the trend histogram trading tool that helps to easy detect the trend blue color indicates an uptrend. Orange color is a down trend. 
FREE
Introduction to the Candle Time Indicator The Candle Time Indicator for MetaTrader 5 (MT5), helps users know how much time on a candlestick is remaining. This is a simple but incredibly powerful and useful tool. To download the Dagangduit CandleTimer.ex5 indicator, check the bottom of this post. It’s one of the best forex time indicators in its category. The function of the indicator will not change, even if you change the name of the indicator. The candlestick countdown timer will tell you how
FREE
Time Range Breakout trustfultrading
Tobias Christian Witzigmann
5 (6)
This is a simple Time Range Breakout EA with dynmaic lot size, trailing stop loss and day of week filter. The coding tutorial for the core logic is on my youtube channel. If you have any questions or suggestions for improvement, you can write to me at any time. Current components: Magicnumber Dynamic lot size (fix lots/fix amount/percent of account) Time range breakout entry signal Day of week filter Trailing stop loss
FREE
The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price , of which the alpha value of the EMA is fixed at 0.5 (equivalent to an EMA period of 3.0). In this dynamic version, the period can be changed to whatever value one wishes to use, which also allows one to approximate multi-time-frame analysis, or use the low or high value as a sort of trailing stop-loss. The crossing of the real Close price over the Heikin
FREE
Magnet Draw MT5
Phongwiroon Khompradit
5 (3)
Emulate TradingView drawing   experience   with magnet snap to the nearest price. A handy precision drawing tool for trading: ICT SMC (Smart Money Concept) Demand & Supply FVG (Fair Value Gap) Breakout Trend Following Reversal MTF (Multiple Timeframe) Price Action Support & Resistance Elliott Wave Supported drawing tools: Vertical Line Horizontal Line Trend Line Horizontal Ray (Angle Trend Line) Fibonacci Retracement Rectangle Input: Threshold (px) : The distance in pixel unit to snap the
FREE
This Engulfing Candle Indicator as the name implies can detect engulfing candlestick patterns on the chart. The indicator alerts the user of the presence of an engulfing candle (Bearish engulfing candle and Bullish engulfing candle) by using visual representation of arrows on the chart.  - Blue arrow for Bullish engulfing - Red arrow for Bearish engulfing Extra modifications can be added based on request.
FREE
Turbulence FX
Michael Prescott Burney
5 (3)
Turbulence FX, now meticulously tailored for the high-stakes world of prop firm trading, especially on the GBPUSD M15 chart, emerges as a sophisticated Expert Advisor (EA). It's a product of intense market research and strategy development, designed to navigate the complexities of forex trading with a focus on reliability and precision, crucial for success in prop firm environments. The Journey to Prop Firm Perfection Extensive Market Analysis : The development of Turbulence FX is based on a th
FREE
Engulfing Candle Detector Detectable pattern Double Candlestick Patterns Bullish Engulfing The first candle is black candle. The second candle opens with a gap below the real body of the black candle but rallies upwards to close above the real body of the black candle. In other words, the second candle's real body completely engulfs the first candle's real body Bearish Engulfing The first candle is white candle. The second candle opens with a gap above the real body of the white candle but
FREE
LT Volume
Thiago Duarte
4.69 (13)
This is a conventional volume indicator, which displays the ticks or real volume (if available from your broker). But it has others features like: 5 color schemes: single, when crossing with moving average, when crossing a specific level, when having different volume between bars and when candle change color. Being hable to have a customizable moving average. Being hable to have a value indicator line. Many thanks to  Diego Silvestrin  for the ideas to version 1.1 and   Konstantin Demidov   for
FREE
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO 砖图 Renko PRO->>>   The display of the brick map on the main map. The Renko chart ideal
FREE
Display rectangles and trendlines list  from Trading box  Technical analysis tool. Objects are ordered in the list by   pip distance   that is difference between object price and Bid price. With this tool you will know which chart to look for next trading opportunity. No more switching between charts and searching for trades where price is close to rectangle zone or trendline support resistance level. Sorted Rectangles and Trendlines by pip distance -  If you are trading on multiple charts, the
FREE
Ultimate Pivot Levels indicator for MetaTrader 5 Ultimate_Pivot_Levels is versatile tool designed to enhance your trading experience by accurately plotting pivot levels on your charts. It allows entering your desired values manually or using well known pivot calculation methods to create pivot levels. It draws the levels in the background and allows you to customize levels, size and colors of areas, and it keeps your adjustments while extending the levels to every new bar. Whether you are a novi
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The   Candle Timer indicator   displays an advanced bar countdown timer on a chart. This study indicates the remaining time for the last candle in the chart. Main features The indicator shows the remaining time for the last bar in the chart. Alert notifications for new bar. Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN). Customizable parameters (Colors, Text size, Visibility...). Ideal tool for all kinds of trading (Scalpers, intraday traders...). Very fast calculation. Avail
FREE
MiniMACD
Kiyoshi Mizu Miyabi Nori
4.6 (5)
This is just a MACD with multi symbols, multi timeframes, and multi colors. features. different symbols and timeframes from the main chart. draw main line, signal line, and histogram. each line can be erased. the ascent and descent can be distinguished.  Due to the above features, this MACD is suitable for multiple lineups in a single chart. This can be used in the same way as MiniCandles.  
FREE
Trade vision buy and sell arrow
Lesedi Oliver Seilane
5 (1)
non-repaint free MT5 technical indicator works on all timeframes 1 minute to the monthly timeframe  the trade vision buy and sell arrow is a multi currency and synthetic indicator Trade vision buy and sell arrow comes with Push Alerts purple arrow look for selling opportunities white arrow look for buying opportunities.  wait for candle to close and arrow to appear before taking any trades.
FREE
Cumulative Delta MT5
Evgeny Shevtsov
4.48 (58)
The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. The indicator operation modes can be switched using the Mode input variable: Buy - display only the buyer volumes. Sell - display only the seller volumes. BuySell -
FREE
YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD More About Advanced Currency Meter Every good forex system has the following basic components: Ability to recognize the trend direction. Ability to identify the strength of the trend and answer the basic question Is the market trending or is it in a range? Ability to identify safe entry points that will give a perfect risk to reward (RR) ratio on every position
FREE
Spike Catch Pro
Amani Fungo
4 (5)
Spike Catch Pro 22:03 release updates Advanced engine for searching trade entries in all Boom and Crash pairs (300,500 and 1000) Programmed strategies improvements Mx_Spikes (to combine Mxd,Mxc and Mxe), Tx_Spikes,   RegularSpikes,   Litho_System,   Dx_System,   Md_System,   MaCross,   Omx_Entry(OP),  Atx1_Spikes(OP),   Oxc_Retracement (AT),M_PullBack(AT) we have added an arrow on strategy identification, this will help also in the visual manual backtesting of the included strategies and see h
FREE
The Fibonacci Scalper
STANTON ROUX
4.24 (41)
The Fibonacci Trader MQL5 expert advisor uses the Fibonacci levels to determine a buy or sell trade with the MACD as confirmation. The Fibonacci levels work as follows: Above 61.8 SELL if MACD trend is SELL Trading Range (Ability to select trading input parameters) BUY if MACD trend is BUY SELL if MACD trend is SELL Below 23.6 BUY if MACD trend is BUY Default settings are configured for EURUSD on M5 Chart. To work with the news server, you must add the URL ‘ http://ec.forexprostools.com/ ’
FREE
OBV macd
Shahabeddin Baset
5 (1)
OBV MACD Calculating MACD based on OBV data Features 3 outputs: MACD & Signal & Histogram 4 Colored Histogram Smoothing factor show/hide option for MACD & Signal lines Description Among the few indicators developed for working with volume data, OBV (On Balance Volume) is the simplest yet most informative one. Its logic is straightforward: when the closing price is above the previous close, today's volume is added to the previous OBV; conversely, when the closing price is below the previous cl
FREE

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