Top indicators for MetaTrader 5 based on user ratings - 10

Color your candles by momentum state. Four bias levels + neutral — built for dark charts.

The indicator identifies areas of imbalance (Fair Value Gaps) on the chart and signals them with an arrow when the price returns to them. It is suitable for Gold, Forex and any liquid instruments on timeframes ranging from M5 to H4.

Displays the current bid-ask spread in points and pips directly on the chart, with live tracking of session minimum, maximum and average spread since the indicator was attached. Color changes to alert when spread exceeds a user-defined threshold.

An econometric price-space indicator that utilizes the Ornstein-Uhlenbeck stochastic process to mathematically estimate the asset's true driftless equilibrium and its speed of mean reversion.

Instead of having to analyze each pair individually, you can see at a glance what are the most promising pairs according to your own criteria.

Session Boxes is a custom indicator for MetaTrader 5 that draws color-coded rectangular boxes on the chart representing the high-low range of the Asia, London, and New York trading sessions. The indicator uses H1 data internally and supports configurable session hours in GMT along with a broker server offset parameter

Spread Meter — Live Single-Symbol Spread Tracker with Max/Min Record Spread Meter by Fox Wave is a sleek, single-symbol dashboard that displays the live spread of your current chart symbol in real time, while permanently recording the widest and tightest spread ever seen — with exact timestamps.

An educational MT5 indicator that builds support and resistance as price zones from confirmed pivots. Nearby reactions are merged using ATR-based distance, then ranked by repeated tests, rejection strength and recency. Only the strongest zones are displayed to keep the chart readable.

On-chart panel with the live spread of the chart symbol - current, minimum, average and maximum since attach - color-coded against your warning and danger thresholds, plus an optional alert when the spread stays at the danger level for N consecutive seconds (news and rollover spikes).

BBandsPsar is a custom hybrid indicator that fuses Bollinger Bands’ volatility framework with the Parabolic SAR’s trend-following logic. By integrating these two methodologies, it effectively reconciles market volatility with emerging trend dynamics within a single, cohesive tool.

A read-only MT5 dashboard for risk-based lot sizing, account health, broker volume limits and current symbol exposure.

Variable Configurations to TestScalper Setup: Try an $\alpha$ of 0.45 and a $\beta$ of 0.12. The dashboard cells will flash changes rapidly, reacting instantly to short-term pullbacks.Swing Configuration: Lower the values to an $\alpha$ of 0.15 and a $\beta$ of 0.02. The matrix cells will stabilize, ignoring intraday market noise and preserving a clear view of macroscopic trends.

Dynamic approach vastly outperforms relying on a single MA.

Value Area Levels is a session-based Value Area indicator for MetaTrader 5. It calculates and displays Value Area High, Point of Control, and Value Area Low levels for the developing, previous, and historical profiles.

Computes the historical Pearson correlation between any set of instruments and the combined margin your account would need to hold all of them at once, as a percentage of your equity. Runs natively in MetaTrader 5 with no external libraries, no Python, and no AI — set your symbol list and lot sizes as inputs and it reports the full matrix in the Experts tab and on the chart, refreshing on a timer.

Take control of your trading performance with the Pro Dashboard Screener Designed for serious traders, this utility provides a clean, professional, and real-time overview of your account's health directly on your chart.

Session-Based Scalping Indicator for MetaTrader 5. It automatically marks the Asian session high and low, then generates scalping signals at the London open when price breaks or retests those levels. The indicator draws dynamic session ranges, sends alerts and push notifications, and includes optional trend, volume and time filters. Works on M1, M5 and M15 charts for any symbol.

A lightweight on-chart dashboard that reads your closed trade history and shows win rate, profit factor, streaks, and an equity curve — no strategy inputs, just your own numbers, refreshed automatically.

This is an MQL5 custom indicator for MetaTrader 5 called RSI Histogram. It plots the standard RSI line in a separate window, plus a color-coded histogram version of the same RSI values that changes color based on momentum:

A MetaTrader 5 chart indicator that draws Heikin Ashi candles, confirmed buy and sell arrows, optional MACD histogram divergence filtering, and configurable alerts.

This is a volatility regime indicator, displayed in a separate window below the chart. The core idea: it calculates a historical percentile of the current volatility (0-100%) and classifies the market into 5 "regimes" — from extreme calm to extreme chaos. On top of that, it has a full visual dashboard (a text panel on the chart) with a trading signal, SL/TP, MTF (multi-timeframe) filters, volume, VIX, and, in the current version, a probabilistic "confidence meter" score.

The Spread Monitor is a professional statistical dashboard that evaluates the current market spread relative to its recent historical behavior. Instead of simply displaying the current spread, it determines whether the spread is unusually high, unusually low, or within its normal statistical range.

Professional open-source Trading Cost Calculator for MetaTrader 5. Calculates spread cost, commission, swap and estimated total trading cost using live broker symbol data and adjustable position settings.

Professional open-source Account Health Monitor for MetaTrader 5. Monitors balance, equity, margin, drawdown, exposure and trading conditions with a real-time 0-100 Account Health Score.

Professional open-source Trade Statistics Dashboard for MetaTrader 5. Analyzes trading history with win rate, profit factor, reward/risk, streaks, BUY/SELL performance, lot statistics and floating P/L.

A non-repainting Stochastic-based indicator that generates buy and sell signals based on extreme zone crossovers, featuring an alternating signal filter and bar-close alerts.

Open-source indicator combining moving-average direction, ADX and Kaufman's Efficiency Ratio into a transparent trend-condition score. Informational only; no trade execution.

Sell Arrow SL Box: Extends UPWARDS from the Sell Arrow. Buy Arrow SL Box: Extends DOWNWARDS from the Buy Arrow.

A two-stage adaptive moving average (base average + secondary smoothing) that colors itself by slope and marks price/average crossovers with arrows.

This indicator is a professional Scalping Dashboard utility designed specifically for MetaTrader 5 (MT5). It displays real-time vital market status information and scalping strategy conditions (based on Exponential Moving Arrows/EMAs), automatically computing spreads, momentum, and moving averages to output instant BUY/SELL SETUP visual signals.

Swing Trading Dashboard is a visual indicator for MetaTrader 5 (it does not generate automatic trade signals — it only displays information on the chart). Essentially it's a "dashboard" panel that calculates the recent swing trading range and shows where the current price sits relative to it — mid-range, near a boundary, or already broken out.

News Trading Dashboard is an informational on-chart panel (it does not trade automatically) that monitors market volatility in real time to detect "news spike" moments — the sudden price moves that occur when economic data is released (NFP, CPI, interest rate decisions, etc.).

Tracks lag-N return autocorrelation over a rolling window as a live regime oscillator, distinguishing trending (positive autocorrelation) from mean-reverting (negative autocorrelation) market conditions. Plots a smoothed reading against dynamically-calculated statistical significance bands (±Z/√N), so you can tell a genuine regime shift from window-size noise — comparable across any symbol or timeframe since it works on returns, not raw price.

An MT5 indicator that detects ATR-filtered institutional order blocks and tracks, in real time, whether each zone has been mitigated by returning price.

arks the prior session's high/low and flags liquidity sweeps that reverse back inside the range within a set number of bars." — category Other, or Trend if you'd rather group it that way.

Read-only MT5 indicator that visualizes broker Stops Level and Freeze Level references on the chart.

A single-state Kalman filter that rescales its own process noise by Kaufman's Efficiency Ratio on every bar, tightening into price during trends and smoothing harder through chop, plotted with regime bands that expand and contract on the same read

BMP Chart Wallpaper Background for MT5

Plots a volume-weighted, volatility-normalized oscillator that flags impulse and exhaustion conditions as price stretches away from its rolling VWAP

A normalized order-flow oscillator that estimates buy/sell volume pressure per bar, accumulates it into a rolling delta, and automatically flags regular bullish and bearish divergence against price swings.