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Free Technical Indicators for MetaTrader 5 - 4

icon Signals from technical indicators play a crucial role in opening and closing deals on stock and Forex markets. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting future price changes. Test technical indicators to better predict market behavior and profit from it.
Didi Index TSB
Sonia Tait
4.5 (2)
O indicador criado por Didi Aguiar, o mestre das Agulhadas! O padrão do indicador é o cruzamento de três médias móveis simples. Média rápida, período 3. Média normalizada, período 8. Média lenta, período 20. Quando as três médias se cruzam próximas o suficiente, acontece a agulhada! Pela posição das médias é possível identificar: Agulhada de compra, agulhada de venda, ponto falso e beijo da mulher aranha. Quer saber mais? Procure pelo site dos robôs oficiais da Dojistar: tradesystembots.co
FREE
Dynamic Linear Regression
Abraao Moreira
4.67 (3)
Este indicador traça uma reta baseada em regressão linear, esta reta é dinâmica e é atualizada a cada tick. O cálculo de regressão linear é feito considerando o número de candles definido pelo tamanho da janela fornecida pelo usuário. São traçadas duas linhas, uma superior e uma inferior, para guiar a estratégia do usuário, a distância dessas linhas para a linha central deve ser configurada. É possível definir os estilos, cores e espessuras de cada uma das linhas.  Esse indicador foi inicialm
FREE
Hull MA
Flavio Javier Jarabeck
4.58 (19)
The Hull Moving Average is not very well know in novice and maybe in intermediate trading circles, but it is a very nice solution created by the trader Alan Hull - please visit www.AlanHull.com for full details of his creation. The purpose of this moving average is to solve both problems that all famouse and common moving averages have: Lag and Choppiness . The implementation we did has, apart of the Period configuration and Price type to use in the calculations, a "velocity" factor, which could
FREE
AW Flexible Fractals MT5
AW Trading Software Limited
3.92 (12)
The indicator analyzes the price structure of fractals and determines possible reversal points in market dynamics.   Fractals can be used as support and resistance levels Advantages: Works on all instruments and timeseries, Does not redraw its results, Customizable colors of indicator elements, Pairs perfectly with any trend strategy, Adjusting the strength of fractals.   MT4 version indicator ->   HERE       /       AW Fractals EA MT5   ->   HERE Strategy: Fractals are a combination
FREE
BDA Trend Finder
Laron Demetris Burrows
Use this indicator to get alerts on trends developing within the market. Using this indicator, you will be able to get alerts about trends that are developing in the market as they develop. This indicator can be used to identify entries or exits within a trend. The indicator combines information from higher timeframes, with price movements of the current timeframe to output a buy or sell signal. The indicator can identify trend changes, or continuations of the dominant trend. Note: Trend followi
FREE
Cybertrade Keltner Channels
Emanuel Andriato
4.67 (3)
Cybertrade Keltner Channels - MT5 Created by Chester Keltner, this is a volatility indicator used by technical analysis. It is possible to follow the trend of financial asset prices and generate support and resistance patterns. In addition, envelopes are a way of tracking volatility in order to identify opportunities to buy and sell these assets. It works on periods longer than the period visible on the chart. All values ​​are available in the form of buffers to simplify possible automations.
FREE
BDA Trend Breakouts
Laron Demetris Burrows
Get alerts when a trend is breaking out. This indicator signals when price makes a large move in the direction of the dominant trend. These signals can serve as entry points, or points to add to an existing position in a trend. Note: Trend following has a low win rate (less than 50 percent), but the return of the average winning trade is typically 3 to 5 times larger than the average losing trade.  Simple Setup Drag and drop onto any chart, at any timeframe. Enable alerts (optional) And you're d
FREE
The   Pivot Point indicator   automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Types of pivots Classic Floor Fibonacci Woodie Camarilla DeMark Main features The indicator shows the current and histor
FREE
LT Nrtr
Sie Samuel Roland Youl
Introducing the powerful NRTR (Nick Rypock Trailing Reverse) indicator - an essential technical tool for traders seeking to identify trend reversals and establish effective trailing stops. Developed by Nick Rypock, this indicator boasts a unique algorithm that adapts to ever-changing market conditions, making it a valuable addition to any trader's arsenal. Here are two popular ways in which traders use this indicator: 1. Trend Reversals: The NRTR indicator generates clear signals when a trend is
FREE
BoxProfile MT5
Evgeny Shevtsov
4.56 (9)
The indicator displays volume profiles based on the nesting principle. Profiles periods are pre-set so that each subsequent profile has a length twice as long as the length of the previous profile. In addition to profiles, the indicator displays volume clusters sorted by color, depending on the volume they contain. Indicator operation features The indicator works on typical timeframes from M5 to MN, but for calculations uses historical data from smaller timeframes: M1 - for timeframes from M5
FREE
Closing Price Reversal
Flavio Javier Jarabeck
5 (10)
Closing Price Reversal is a very well known and traded candlestick pattern. This little indicator paints with specific (user-selected) colors the Closing Price Reveral Up and Down patterns, as well as the Inside Bars (as a bonus). Higher timeframes are more effective  as with all other candlesticks patterns. Do NOT trade solely on this indicator. Search the web for "Closing Price Reversal" to learn about the several approaches that can be used with this pattern. One of them is combining short/me
FREE
PZ Trendlines MT5
PZ TRADING SLU
4.8 (5)
Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com
FREE
Jackson trendlines
Mthandeni Mnyandu
3.33 (3)
Jackson trendline scanner   it a powerful   price action   tool which draw   accurate trendlines   and   alert   a   breakout signals . As we all know that trendlines it a most powerful tool in price action by providing  us with different chart patterns. e.g. Bullish flag, Pennant, Wedges and more...It not easy to draw trend lines, Most successful traders use trendlines to predict the next move based on chart pattern and breakout. Drawing a wrong trendline it a common problem to everyone, wrong
FREE
Fair Value Gap Scanner
Usiola Oluwadamilol Olagundoye
The Fair Value Gap Detector is a MetaTrader 5 indicator designed to identify and draw rectangles on the chart wherever fair value gaps (FVGs) are detected. Fair value gaps occur when there is a significant disparity between the current price and the fair value of an asset. These gaps can provide valuable insights into potential trading opportunities, as they often indicate overbought or oversold conditions in the market. Key Features: FVG Detection: The indicator utilizes a proprietary algorith
FREE
Market Sniper Zone
Brendan Chinwedu Eze
4.67 (3)
UPDATED The Non-Repaint zones is a time base indicator that scans for possible reversal of the market for perfect entry. It read the history and draws the possible zone for our comfort. The indicator possesses four different zones that read the history of the market over 10,000 previous bars and predict the possible entry point. It rescans every market trend change to give us the possible zone, it is used for trading all types of markets and does not repaint. The indicator has the following inp
FREE
This is one of the most popular and highly rated   volatility index (VIX)   indicators on the market. It provides the same readings as the VIX does for stock indexes. However, this indicator works across all asset classes.  VIX Fix Finds Market Bottoms.  This indicator is not for inexperienced traders. Use it for day and swing trading. MT4 Version -  https://www.mql5.com/en/market/product/112238 Bernard Baruch summed it out best: "Markets fluctuate." The Chicago Board Options Exchange (CBOE) Vo
FREE
PZ Multi TDI MT5
PZ TRADING SLU
4.83 (12)
This indicator is a personal implementation of the famous Traders Dynamic Index, which uses RSI, moving averages and volatility bands to find trends, reversals and price exhaustions. However, this particular implementation supports not only RSI, but many others. It is suitable for scalping, day trading, and swing trading and aims to provide a full picture of the current market conditions. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It is a complex but very use
FREE
CandleStick Pattern Indicator MT5
Driller Capital Management UG
5 (1)
This is a simple Candle Stick Pattern Indicator, which shows in the current time period all standardisized Patterns in the chart. All Patterns will be calculatet automatically based on standard conditions. Following Candle Stick Patterns are included: Bullish Hammer | Bearish Hammer Bullish Inverted Hammer | Bearish Inverted Hammer Bullish Engulfing | Bearish Engulfing Piercing | Dark Cloud Cover Bullish 3 Inside | Bearish 3 Inside There are only a few settings at the begining to take. Every Pat
FREE
LT HiLo Activator
Thiago Duarte
4.88 (8)
HiLo Activator is a technical analysis indicator developed by Robert Krausz, a renowned hungarian trader with a career in the USA. It is a trend indicator that helps you to predict the cange of the current trend. In an uptrend it is displayed at the bottom of the candles; in a downtrend it is displayed at the top. Its only setting is the calculation period. It is possible to have alerts when a new trend begin. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay m
FREE
High Low Swing
Shahabeddin Baset
High Low Swing (HLS) Indicator The HLS indicator is a technical analysis tool designed to identify swing highs and lows in the market, aiding swing traders in making informed decisions. It offers an adjustable "degree" parameter, allowing you to customize the sensitivity to strong price movements based on current market conditions. Features: •    Clear Buy/Sell Signals: The indicator plots signals directly on the chart, simplifying trade identification. •    Adjustable Swing Strength: The "
FREE
Sessions are very important in trading and often good area where to look for setup. In SMC, ICT we will look for Asian session to serve as liquidity This indicator displays: High & Low of the Asia session Midnight New York time opening line Congifuration Line Style, color Label position, size, color Start of the level (Start of the day, Start of the session, Highest or Lowest point in the session) Any questions or comments, send me a direct message here  https://www.mql5.com/en/users/mvonl
FREE
This indicator is based on the famous fractal indicator but with much customization  and flexibility , this is a powerful tool for identifying trend reversals and maximizing your profit potential. With its advanced features and user-friendly interface, it's the ultimate choice for traders of all levels.  MT4 Version :  Ultimate Fractals MT4 Features :  Customizable Fractal Candle count. Reversal Lines. Customizable Settings. User-Friendly Interface.  Main Parameters:  Candles On Left - numb
FREE
The Higher timeframe candle tracker is used to get a glimpse of what the selected higher time frame candle is like. It plot the candle after the current price. It can come in handy for day traders and short term traders that often worry about how the current higher timeframe candle may look like. You can select the higher time frame or lower time frame from the options provided: By default the color for bears is red and for bulls is green. You are able to change the width of the candle, its wick
FREE
Chandelier Exit MT5
BLAKE STEVEN RODGER
4 (1)
Developed by Chuck LeBeau, the Chandelier Exit indicator uses the highest high / lowest low -/+ a multiple of the ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction.The value of this trailing stop is that it rapidly moves upward in response to the market action. LeBeau chose the chandelier name because "just as a chandelier hangs down from the ceiling of a room, the chandelier exit hangs down from the high
FREE
Weis Waves
Flavio Javier Jarabeck
3.15 (26)
The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
FREE
NakaTrend
Ricardo De Andrade Nakano
"Introducing NakaTrend: Your Ultimate Trend Detector for MetaTrader 5! Ready to revolutionize your trading experience? Meet NakaTrend, your go-to indicator for identifying trend changes with precision and ease. With NakaTrend, you'll never miss another opportunity to capitalize on market shifts. When a bullish trend emerges, NakaTrend signals it with a green dollar sign, prompting you to enter a buy order. And when the tide turns bearish, a red dollar sign appears, signaling the perfect mom
FREE
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Elliot Waves Analyzer
Viktor Weidenthal
3.25 (4)
Elliot Waves Analyzer  calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  This free version is limited for Analyzing one Timperiod Waves. Waves are Shown only in PERIOD_H4 and above. Not Useful for Intr
FREE
Inside Bar Radar
Flavio Javier Jarabeck
4.67 (6)
The Inside Bar pattern is a very well known candlestick formation used widely by traders all over the world and in any marketplace. This approach is very simple and adds a little confirmation candle, so it adds a third past candlestick to the count to confirm the direction of the move (upward or downward). Obviously, there is no power on this candlestick formation if the trader has no context on what it is happening on the market he/she is operating, so this is not magic, this "radar" is only a
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 Advanced Bollinger Bands: 1. The Bollinger rail will change color with the direction" 2. T
FREE
SRL Edson Gould
Grigorii Matsnev
5 (3)
Speed resistance lines are a powerful tool for determining trend and resistance lines. The indicator builds lines using chart extremes and special mathematical formulas. The indicator can be used to determine the trend direction and pivot points. <----------------------------> Indicator Parameters: "Depth of search" - depth (in bars) of the search for chart extremes "Back step of search" - minimum distance (in bars) between extremes "Deviation of price" - permissible price difference betw
FREE
The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips . You can also display levels in multiples of 25   pips   . When the price reaches the level, an alert or push notification is displayed. MT4 version  https://www.mql5.com/en/market/product/69486 Settings Show Levels 100 pips - show levels that are multiples of 100   pips Show Levels 50 pips - show levels
FREE
Candle Timer and Spreed
Karin Klayton Schiochet
4.91 (11)
A very simple indicator, but one that cannot be missed when carrying out your operations. Fast and accurate Spreed information before entering a trade as well as the time to start another candlestick. Spread refers to the difference between the buy (purchase) and sell (offer) price of a stock, bond or currency transaction. Come and see our mql5 signals too. https://www.mql5.com/pt/signals/899841?source=Site +Signals+From+Author
FREE
Arrowhead MT5
Ivan Grachev
4.54 (13)
Indicator determines the direction of price movement, calculates the possibility of entering the market using an internal formula and displays a breakout entry signal. Indicator signals appear both at the beginning of trend movements and in the opposite direction, which allows you to open and close orders as efficiently as possible in any of the market conditions. Version for МТ4: https://www.mql5.com/en/market/product/58349 Benefits: a unique signal calculation formula; high signal accuracy;
FREE
Auto Anchored VWAPs
Francisco Gomes Da Silva
Unveil Trading Insights with Auto Anchored VWAPs: Auto Anchored VWAPs serve as your guiding companion in the world of trading. These indicators pinpoint crucial market turning points and illustrate them on your chart using VWAP lines. This is a game-changer for traders who employ anchored VWAP strategies. How Does It Work? Identifying High Points: If the highest price of the current candle is lower than the highest price of the previous one, And the previous high is higher than the one before it
FREE
RSI with Moving Average
Thiago Duarte
4.87 (15)
RSI with moving average is great to see when the price is overbought and oversold instead of RSI only. INPU T PARAME TERS : RSI: Period - RSI period. Price - RSI applied price. Color scheme - RSI color scheme (4 available). MOVING AVERAGE: Period - MA period. Type - MA  type. Apply - MA applica tion. Shift - MA shif t (correc tion). PRICE LINE: Show - specify if line with price, only line or nothing. Style - line style. OTHER: Overbought level - specify  the level . Overboug
FREE
Introducing the   Raymond Cloudy Day   indicator, a groundbreaking tool conceived by Raymond and brought to life on the MT5 platform by my coding expertise. This state-of-the-art indicator revolutionizes trading strategies by combining the robustness of an   innovative calculation method   that goes beyond traditional Pivot Points, with the precision of advanced algorithms. Key Features: Innovative Calculation Method : At the heart of the Raymond Cloudy Day indicator is a novel calculation meth
FREE
Weis Waves RSJ
JETINVEST
4.67 (9)
The Weis Waves RSJ Indicator sums up volumes in each wave. This is how we receive a bar chart of cumulative volumes of alternating waves. Namely the cumulative volume makes the Weis wave charts unique. It allows comparing the relation of the wave sequence characteristics, such as correspondence of the applied force (expressed in the volume) and received result (the price progress). If you still have questions, please contact me by direct message:  https://www.mql5.com/en/users/robsjunqueira/
FREE
Heikin Ashi MACD
Wojciech Daniel Knoff
5 (2)
Check my version of the moving average convergence divergence (MACD) indicator based on Heikin Ashi calculations. Here you find multi-colored histogram which corresponds to bull (green) / bear(red) trend. Dark and light colors describes weakness/strenght of price trend in time. Also you can switch calculations between normal and Heikin Ashi price type. Note: Buffers numbers for iCustom: 0-MACD, 2-Signal line
FREE
Super Trend eu
Emin Ulucanli
4.75 (4)
SUPERTREND; It is a trend following indicator based on the SuperTrend ATR created by Olivier Seban. It can be used to detect changes in trend direction and locate stops. When the price falls below the indicator curve, it turns red and indicates a downtrend. Conversely, when the price moves above the curve, the indicator turns green, indicating an uptrend. Like other indicators, it works well on SuperTrend when used in conjunction with other indicators such as MACD, parabolik SAR, Bollinger Band
FREE
HiLoActivator
Jonathan Pereira
4.88 (8)
Hi-Lo is an indicator whose purpose is to more precisely assist the trends of a given asset - thus indicating the possible best time to buy or sell. What is Hi-lo? Hi-Lo is a term derived from English, where Hi is linked to the word High and Lo to the word Low. It is a trend indicator used to assess asset trading in the financial market. Therefore, its use is given to identify whether a particular asset is showing an upward or downward trend in value. In this way, Hi-Lo Activator can be t
FREE
Multi RsI BB MT5
Mansour Babasafary
5 (1)
A combined indicator of two famous indicators: RSI , Bollinger Bands Can be used in all currency pairs Can be used in all time frames with many signals Very simple and fast to use Description: This indicator is made from the combination of RSI and Bollinger Bands indicators As you can see, it shows good signals and is worth using and testing We hope you are satisfied with this indicator Settings: show past show candle: Displays the number of candles that the indicator calculates. For
FREE
Automatic Pivots
Humphrey Kebaya Mwamba
Automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Range-bound traders use  pivot points  to identify reversal points. They see  pivot points  as areas where they can place their buy or sell orders.
FREE
Institutional Levels / Bank levels ... Psychological levels / Quarters theory. This indicator will automatically draw at levels, "000, 200, 500 and 800", what I know as 'Institutional Levels', OR, can also draw levels "000, 250, 500 and 750", onto the chart. Depending where you have learnt Institutional Level trading / Quarters theory, you may know them as different names, essentially the core idea is that these levels act as strong support & resistance points in most forex markets. Group chat
FREE
Hyper Renko
Rodrigo Matheus da Silva
4.17 (6)
Renko is a timeless chart, that is, it does not take into account the time period, but the price change, which makes the price change on the chart clearer. Hyper Renko is the indicator that provides this. To configure, you only have one parameter, the size of the candle in the tick * you want to use. * tick: is the smallest possible variation of an asset. Thank you for choosing a Hyper Trader indicator. Wikipedia: A renko chart indicates minimal variation in the value of a variable -
FREE
MACD Colored ZeroLag
Farzin Sadeghi Bonjar
4.14 (7)
It is the MQL5 version of zero lag MACD that was available for MT4 here: https://www.mql5.com/en/code/9993 Also there was a colored version of it here but it had some problems: https://www.mql5.com/en/code/8703 I fixed the MT4 version which has 95 lines of code. It took me 5 days to write the MT5 version.(reading the logs and testing multiple times and finding out the difference of MT5 and MT4!) My first MQL5 version of this indicator had 400 lines of code but I optimized my own code again and n
FREE
This indicator created based on original John Carter's TTM_Squeeze indicator and represents "squeeze" of the market which can be followed (or maybe not) by significant moves. Original indicator prints black dots when Bollinger Bands are inside Kelthner Channels and exactly this implemented in this custom version. Instead of original implementation as momentum indicator MACD indicator with standard settings 12-26-9 is being used. Mainly, the indicator is useful for understanding when it's better
FREE
Big Player Candles
Flavio Javier Jarabeck
4.75 (28)
If you heard about The Wyckoff Method, Volume Spread Analysis, etc... You are probably searching for the candlestick indicator that shows you the Volume spread all over the current bar, signaling every types of market status... You can control the several Market Levels with custom colors... It is up to you to decide how to use it. Our job is provide you with the indicator... If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW! )...    This will mean A
FREE
ZigZag Support Resistance
Emmanuel Tshepang Mosweu
5 (3)
This indicator uses the Zigzag indicator to identify swing highs and swing lows in the price chart.  Once it has identified the swing highs and swing lows, it can use them to determine potential support and resistance levels. A support level is formed when the price drops and bounces back up from a swing low, indicating that there is buying pressure at that level. A resistance level is formed when the price rises and reverses downward from a swing high, suggesting selling pressure at that level.
FREE
The Candle_Timer_and_Spread indicator shows on one chart the time until the end of the candle and the percentage of price change along with the spread for the selected symbols. The timer for the time until the end of the candle on the current timeframe and the price change as a percentage relative to the opening price of the day is located by default in the upper right corner of the chart. The panel shows the spread and percentage change of the current price relative to the opening of the day
FREE
Percentage Levels
Alexandre Borela
5 (12)
If you like this project, leave a 5 star review. Follow on instagram: borelatech As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. An example of a common used percentages are 0.25% and 0.50% on EURUSD for the week, you can see this example on the screenshots.
FREE
PZ Inside Bars MT5
PZ TRADING SLU
4.58 (12)
This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
FREE
Setup Stormer
Alex Rodin De Sousa E Silva
4.17 (6)
Graph configuration and buy and sell signals based on Stormer's  (Alexandre Wolwacz, Brazilian trader) swing, position and day trade strategy, described on his youtube channel (https://www.youtube.com/watch?v= 0QZ_NjWkwl0) The buy and sell indications are based on 2 candle patterns ( Inside Bar [Yellow] and Reversal Closing Price [Blue and Red] ), 3 Moving Averages and 1 Stochastic . Indicators: Inside Bar - Candle pattern indicating trend continuity, or reversal Reversal Closing Price - Ca
FREE
ADX Channel Indicator
Alexander Nikolaev
4.8 (5)
This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicato
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The indicator displays a renko chart and a supertrend indicator in real time. After installing the indicator, the window will display the Renko chart and the supertrend indicator in the same window. This allows you to more clearly and visually see the entry and exit points when a trend reversal occurs. The signal to open a position is the intersection of the Renko candlestick of the supertrend indicator point and the appearance of the opposite signal of the supertrend indicator. The indicator
FREE
VWAP Cloud
Flavio Javier Jarabeck
4.38 (13)
Do you love VWAP? So you will love the VWAP Cloud . What is it? Is your very well known VWAP indicator plus 3-levels of Standard Deviation plotted on your chart and totally configurable by you. This way you can have real Price Support and Resistance levels. To read more about this just search the web for "VWAP Bands" "VWAP and Standard Deviation". SETTINGS VWAP Timeframe: Hourly, Daily, Weekly or Monthly. VWAP calculation Type. The classical calculation is Typical: (H+L+C)/3 Averaging Period
FREE
RSI Alert Tool
Clemence Benjamin
This wonderful tool works on any pair producing alerts whenever the market enters the overbought and oversold zones of the market. The signals come as  BUY or SELL but it does not necessarily mean you should go on and execute order, but that you should begin to study the chart for potential reversal. For advanced signal tools check out some of our premium tools like Dual Impulse.
FREE
Chances
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
5 (6)
The Investment Castle Chances indicator will show signals on the chart for entering a buy or sell trade. There are 2 types of signals for each direction as follows: Buy / Sell (Orange colored candlesticks) Strong Buy   (Green colored candlesticks)  / Strong Sell  (Red colored candlesticks) You may place a buy trade once you see the Buy arrow or vise versa, or you might prefer to wait for a further confirmation “Strong Buy” / “Strong Sell”. This indicator works best with the high time frames H1,
FREE
Aggression Volume
Flavio Javier Jarabeck
3.86 (21)
Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,
FREE
Institucional Color Candle
Jean Jacques Huve Ribeiro
4.88 (8)
Idea extracted from the books by Anna Coulling and Gavin Holmes using Volume and Spread Analysis (VSA) techniques coupled with Al Brooks' expertise with Price Action these candles are magical, identify the exact moment   of the performance of the big players are acting in the market represented by the colors: 1) Red Candles we have an Ultra High activity, 2) Candles Orange we have a Very High Activity 3) Candles Yellow we have one High Activity 4) White Candles represent normal activ
FREE
Simple Super Trend indicator for MetaTrader 5. A trend indicator similar to moving averages. Use it for entry and exit signals. It gives accurate signals on precise time. Works as a Trailing SL/TP. This indicator can also be used on multiple timeframes where you place it on a larger timeframe then go to a lower timeframe. Super Trend needs to be used in conjunction with other indicators like rsi, Parabolic SAR, MACD, etc to receive filtered signals.
FREE
Hull Moving Average MT5
Maestri Investment Group Ltd.
5 (1)
We value your feedback and believe that your experience with the Hull Moving Average (HMA) is essential to us and other traders. Help us continue to improve and refine our product by sharing your thoughts and insights through a review! The Hull Moving Average (HMA) Indicator – Your Key to Smoother Trends and Profitable Trades! Are you tired of lagging and choppy moving averages that hinder your ability to spot profitable trading opportunities? Look no further! The Hull Moving Average (HMA) is
FREE
** This is the short version of Symbol Changer . You might want to refer to full version with further features. Symbol Chart Changer   is an indicator/utility that offers you the option to switch between symbols and timeframes. You can choose any symbol and timeframe on the same chart with just a few clicks.  In addition, this indicator also shows the profit of the symbol through the color of the buttons. For MT4:   Symbol Chart Changer Features All symbols selected in MarketWatch, that allow y
FREE
PZ Turtle Trading MT5
PZ TRADING SLU
4.43 (7)
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
FREE
Daily Open Line
Attila Radulovic
4 (5)
The indicator draws the daily open line. Parameters GMT shift (minutes) The time zone could be shifted. The value is given in minutes. Draw closest regular bar's open price This parameter could fine-tune the open price line when using GMT shift. Yes - Draw the open line based on the current chart period's closest regular bar No - Draw the open line based on the M1 chart's closest bar.  Let's assume that your shift is 10 minutes, and you are using H1 chart and the first candle in every day is
FREE
Auto Fibo Expansion is an indicator that projects the Fibonacci expansion levels above and below the opening price of the day. It does the calculation based on the previous day and projects the levels on the current day. It is very efficient to find "psychological" zones of support and resistance. Its appearance is all configurable and you can set up to 30 different levels. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I appreciate a lot   <3 PayP
FREE
Using the Stochastic Oscillator with a Moving Average is a simple but very efficient strategy to predict a trend reversal or continuation. The indicator automatically merges both indicators into one. It also gives you visual and sound alerts. It is ready to be used with our programmable EA, Sandbox, which you can find below: Our programmable EA:  https://www.mql5.com/en/market/product/76714 Enjoy the indicator! This is a free indicator, but it took hours to develop. If you want to pay me a c
FREE
Drawing inspiration from ICT's Private Mentorship Course of 2016 (month 05) , as shared on YouTube, our innovative tool empowers traders to navigate the markets with precision. By marking out periods of 60, 40, and 20 days, it helps identify significant market movements, drawing upon the wisdom imparted by ICT. What truly sets this indicator apart is its forward casting capability, a feature that offers invaluable insights into future market behavior based on meticulous historical data analysis
FREE
Analise Probabilistica
Valter Cezar Costa
4.71 (7)
I'm sure after a lot of research on the internet, you haven't found any indicator that can help you with forex or binary trading in the latest probability strategy created by famous trader Ronald Cutrim. The strategy is based on a simple count of green and red candles, checking for a numerical imbalance between them over a certain period of time on an investment market chart. If this imbalance is confirmed and is equal to or greater than 16%, according to trader Ronald Cutrim, creator of the pro
FREE
The Candle Countdown Timer for MetaTrader 4 (also available for MT5) is a vital indicator designed to help you manage your trading time effectively. It keeps you updated about market open and close times by displaying the remaining time before the current candle closes and a new one forms. This powerful tool enables you to make well-informed trading decisions. Key Features: Asia Range: Comes with an option to extend the range. Broker Time, New York, London Time: Displays the current broker time
FREE

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