Top indicators for MetaTrader 5 based on user ratings - 121

This version extends the Instantaneous Trend Line indicator with a sort of bands to make it easier to spot trend change and to filter out some false signals that can be produced if only the slope of the ITL indicator is takes for a signal. And it also differs from the original in one important part: instead of using fractional alpha parameter for calculation, this version uses period which makes it the same category as averages are and the usage becomes a bit more intuitive than the original version.

Fractal Adaptive Moving Average Technical Indicator (FRAMA) was developed by John Ehlers. This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. The advantage of FRAMA is the possibility to follow strong trend movements and to sufficiently slow down at the moments of price consolidation.

Divergences of the Repulse oscillator.

Wiseman is an indicator basically aimed at showing the candlestick, on which the trend has changed its direction.

Indicator DMX (Bipolar DMI) is calculated using the standard indicator ADX. However, as compared to that, it displays data as an oscillator with a signal line, and has shorter delay.

Rj_SlidingRangeRj_Digit_System indicator provides alerts, sends email and push notifications when the candles break through the indicator channel.

Bollinger Bands Stops indicator that uses JMA (Jurik Moving Average) for calculation.

Aroon Horn indicator

Standard Deviations/Moving Average Ratio indicator

Buying/Selling Pressure indicator

RSX of RSX

AdaptiveRenko_Cld indicator with the timeframe selection option available in input parameters

InvestorsVsSpeculators indicator

Indicator Heiken_Ashi_Smoothed with the possibility of changing its timeframe in its input parameters

Kalman filter velocity

Highlights the Asian trading session

Eight RSI (Relative Strength Index) technical indicators in one chart.

The averaging amount of the different period Moving Averages.

The oscillator shows the rate of change of the AMA indicator

A set of support and resistance levels built on the last tops of GannZIGZAG.

The i-HighLow indicator draws a channel with the borders that correspond to the highest and lowest values of candlestick shadows for a specified number of bars with a vertical shift at the number of points defined by the indicator input parameters.

Well-known indicator of Constantine Kopyrkin which generated a great number of NRTR indicator implementation. NRMA moving average (line) and trailing stops NRTR (circular-shaped dots) are implemented in this variant.

The trend indicator is formed of a colored cloud of the Hull moving average and its averaging.

The indicator draws candlesticks of a higher timeframe based on the values of the HullTrend indicator.

The RSIWithFlat indicator with the timeframe selection option available in input parameters.

The Money Flow Index Indicator adapted for usage of all price types for calculations.

The Imp_XMA indicator with the timeframe selection option available in input parameters.

The MultiRVITrend_x10 indicator shows information on current trends using the RVI oscillator position from ten different timeframes.

Semaphore signal indicator based on the ColorTrend_CF indicator algorithm.

The indicator marks the bars, the size of which exceeds the value specified in the settings. The body of the bar, the opening price and the closing price of the bar are taken into account.

The XMA_BBx3 indicator with the timeframe selection option available in input parameters.

The classical WPR indicator implemented as a histogram with a color indication of entering the overbought and oversold areas.

The RSI indicator in the main chart window relative to the Moving Average indicator.

VWAP_Close indicator with the timeframe selection option available in input parameters.

A fractal based variation.

This indicator is using filtered prices for RSI (instead of using "raw" prices) and is using Discontinued Signal Line for trend assessment (instead of using slope or fixed levels).

ZPF (Zero Point Force) - zero point force indicator. It displays the market climate.

Compared to the Step Chart indicator, this version displays the values in a separate window as a histogram (as a sort of a help to see the trend changes in an easier way).

Oscillator MM (Market Mode) allows assessing the market state: In trend state or in cyclic state.

Indicator Ang_Zad_C_Hist_Candle with the timeframe selection option available in the input parameters