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Top indicators for MetaTrader 5 based on user ratings - 17
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Wick Ratio Candlesticks are recognized by its upper and lower wick ratio instead of open and close properties.
This indicator will shows the time remaining until the end of the candle. You can choose colour and the font size.
The ADX (Average Directional Index) Smoothed indicator enhances the standard ADX by applying dual exponential smoothing filters to reduce noise and provide clearer trend signals. It plots three lines: smoothed +DI (blue), -DI (red), and the main ADX line (green). This refined version helps traders identify trend strength and potential direction changes with reduced false signals. The indicator excels at confirming established trends and warning of weakening momentum before actual price reversals occur, making it valuable for both trend following strategies and determining optimal entry/exit points.
The Zigzag indicator is a series of sections connecting significant tops and bottoms at the price plot.
The indicator is a combination of the FATL digital filter and analogue JMA adaptive smoothing.
Murrey Math Lines for the current bar are an effective tool for the market movements forecasts.
The indicator shows the use of the free Library for Custom Chart library for the automatic connection of the indicators to iCustomChart custom charts created on the basis of custom history files.
Indicator shows the size of one of the three candlestick elements: upper shadows, lower shadows or bodies. It displays the current candlestick value and the daily average value for a certain element.
Price(%)Range is the indicator for the MetaTrader 5, which calculates the price movement based on percentage High (Highest) and Low (Lowest) Price on 100 bars.
Semaphore signal indicator detecting changes in the direction of smoothed Detrended_Price_Oscillator and displaying them as signals.
The indicator is an example of smoothing a time series of the ADX indicator by filtering harmonics of higher order.
The XprofuterDD indicator with the timeframe selection option available in the input parameters.
The indicator draws i-OneThird indicator candlesticks of a higher timeframe as color filled rectangles using DRAW_FILLING buffers.
The TriX indicator in a candlestick form with the Keltner channel calculated relative to TriX averaging.
Keltner Channel built relative to the average value of the OsMACandle oscillator as a sequence of candlesticks
The channel is based on a percentage price deviation. It is implemented with a color background filling. The channel width is controlled by the percentage deviation.
Schaff Trend Convergence Divergence indicator has the benefit of putting the Schaff Trend CD on a scale of zero to 100, making it easier to identify potential overbought and oversold levels in a currency trend and is using RSI for a final calculation.
The "RocketRSI" indicator by John F. Ehlers. Used to indicate strong probabilities of cyclical reversals.
Indicator MultiBrainTrend2_V2_x10 shows information on the current trends, using the colors of indicator BrainTrend2_V2 from ten different timeframes.
The Gator Oscillator is based on the Alligator and shows the degree of convergence/divergence of the Balance Lines (Smoothed Moving Average).
The indicator prints the time to close of the current timeframe, if it less than H1, it also prints the time to close of the current hourly bar.