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Top indicators for MetaTrader 5 based on user ratings - 17
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Negative Volume Index (NVI) is a free technical indicator for advanced chart analysis in MT4, MT5 platforms. It is based on tick volume (can be substituted with real volume in MT5) and has two useful features added: Support for multi-timeframe (MTF) operation. Can be switched to show Positive Volume Index.
Basing Candlesticks MetaTrader indicator — is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range. The indicator highlights the basing candles using histogram lines (in MT4) or custom candles (in MT5) directly in the main chart of the platform. The percentage criterion can be changed via input parameters. You can also turn on alerts for when a new basing candle appears.
Coppock MetaTrader indicator — is an implementation of the famous Coppock curve indicator first created by Edward Coppock in 1962. The indicator shows long-term buy and sell opportunities (classically, it is used for only buying) by measuring the weighted moving average (with a period of 10) of the sum of two rates of change (with a period of 14 and 11). It is the classical version. In this MetaTrader version, you can modify the parameters of the basic indicators. You can use this Coppock indicator in MT4 and MT5.
Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5
This indicator calculates and displays the Exponential Moving Average (EMA) on the MetaTrader 5 chart. Fully customisable period. Allows selection of the applied price (Close, Open, High, Low, Median, Typical, Weighted). Uses the standard EMA formula, initialised from an SMA of the first bars. Can be used as a standalone technical analysis tool or integrated into automated trading systems for trend-following and moving average crossover strategies.
An advanced order flow engine that approximates tick-by-tick aggressor data to calculate the true Cumulative Volume Delta, it exposes institutional absorption and divergence hidden within standard price candles.
Daily Range Tracker — Live Today's Range vs Average Daily Range. Daily Range Tracker shows you, at a glance, how much of the symbol's typical daily movement has already happened today — helping you judge whether the day still has room to run or is already exhausted.
A lightweight educational MetaTrader 5 indicator that maps Premium, Equilibrium and Discount areas from a selected market range.
Spread calculator is created to display the current spread on any currency pair on the chart.
Live pip value, risk-based lot sizing, custom volume risk analysis & open position P/L — all in one panel.
Multi-timeframe Support & Resistance zone scanner with strength rating and instant alerts — M15, H1, H4, D1.
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.
What this indicator does Clock (Spread).mq5 is a MetaTrader 5 chart indicator that displays a small text label in the corner of the chart showing: Countdown timer until the current candle closes (in HH:MM:SS or MM:SS format, depending on timeframe) Current spread (Ask − Bid, in points), shown in parentheses next to the timer. Changelog: Version 2.20: - Spread now colors dynamically based on direction (green = increasing, red = decreasing) - Added configurable inputs for the spread colors
This indicator is based on DRAW_FILLING buffers. The input parameters are absent, the TimeTradeServer(), TimeGMT() functions are used.
The Mass Index is developed to catch the trend reversal points. It is based on changes between maximum and minimum prices. If the amplitude gets wider, the mass index grows; if it gets narrower, the index gets smaller. The mass index was created by Donald Dorcy.
Premier Stochastic Oscillator - Double EMA smoothing of stochastic, based on article in TASC by Lee Leibfarth (August 2008)
This indicator is the conversion of famous Igorad's indicator namely PriceChannel_Signal_v1 with re-enter feature.
Forex indicator for MetaTrader 5 with show double line of linear regression with position degrees and trend alerts.
This utility is not a trading information utility. It will only have value for those getting information on the Number of Bars that have terminal data. This utility uses the functions SeriesIntegerInfo and CopyRates to obtain and display information about the availability of bar information from the terminal.
This Indicator creates automatically a Risk/Reward Box on you all opened chart base on High, Low price with the old candles. You can use it easily to drag and change size and price to your desire wanted.
An indicator that dynamically calculates risk (in percentages and money) based on the lot size and stop loss
This Fibonacci Bollinger Bands indicator is a conversion from Pine Script (by Rashad) to the MQL5 language.
The Indicator Ichimoku Kinko Hyo is predefined to characterize the market Trend, Support and Resistance Levels, and to generate signals of buying and selling.
Sometimes this is useful - to observe the behavior of the oscillator in the channel. Greatly simplifies the evaluation of the situation.
Adaptive Momentum from John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading".
The indicator draws a grid of eight stochastic oscillators on one chart with the possibility to change the number of displayed lines.