Top indicators for MetaTrader 5 based on user ratings - 2

Time to candle Close. Dynamic text colours. Optimised for back-testing.

Draw the wicks (thin lines): Draw a vertical line from the lowest price to the highest price of each candle (this is called a "wick")

The DailyHighLow indicator is a versatile tool designed for MetaTrader 5 (MQL5) to display high and low price levels on a chart based on a specified timeframe. This indicator is particularly useful for traders who rely on key price levels for decision-making, offering flexibility through customizable timeframes and price calculation methods.

This indicator builds a dynamic price channel using Gaussian smoothing to determine support and resistance lines. It calculates smoothed high and low price values for a given period, finds their extrema and displays three lines: upper resistance (maximum of smoothed high), lower support (minimum of smoothed low) and the middle line between them, forming an adaptive trading channel.

The indicator implements one of the non-linear smoothing algorithms

Horizontal Grid Controller with KeyEvents

High and Low Line Indicator

Engulfing Bar Occurs below Ema moving Average that is rising - Buy Trade -

Copy and paste selected graphical objects between charts via Windows clipboard as text. Use Ctrl+Q on a source chart, then Ctrl+J on a target chart.

Zigzag which changes wave direction based on price percentage change on the asset

Alligator beginner tutorial to learn how to code in MQL5

This is an indicator with a rainbow-like display, both for trend or pullback prediction.

The indicator draws an arbitrary second timeframe on the chart.

A volume oscillator is a useful technical analysis indicator that predicts the strength or weakness of price trends

This code does not trace the iatr() because the iatr() or this code is a more modern version. This code uses original smoothing, a kind of SMA and not wilder smoothing. The analysis of the two smoothings can suggest opportunities elsewhere

Modification of the standard indicator Fractal

Marking the extreme highs and lows (OHLC) together with the extreme bid and ask prices

Dynamic VWAP level which can be averaged over multiple days

The Watermark indicator is lightweight and efficient, designed to display an informative watermark over the main MetaTrader 5 chart. It automatically shows the current symbol, chart time and asset description, allowing traders to customise their interface with style and convenience.

This is a Moving Average indicator based on Heiken-Ashi candles instead of raw market price.

Adaptive CCI - Commodity Channel Index with dynamically adjusting upper and lower limits based on market volatility. Eliminates fixed thresholds (like 100/-100) by using EMA-smoothed peaks and troughs, providing more reliable overbought/oversold signals tailored to each asset's current volatility. Perfect for identifying high-probability reversal points with adaptive confirmation levels.

simple atr supertrend with rsi filter

The default CCI in MT5 doesn't have the shift parameter. This script implements the shift.

The simplest indicator showing on the current symbol the price change in % since the opening of the trading session.

Chande Kroll Stop indicator - stop levels for short and long positions.

Root Mean Square

Linear Regression Slope

Bollinger Bands with controllable outer band smoothing (pre smoothing)

This indicator is designed to draw a Fibonacci retracement, using as a basis the ZigZag indicator.

Modified standard ZigZag indicator with the addition of information about wavelength in pips, levels and different alerts logic

Super pass-band filter as described by John Ehlers

This is an edit of the Mod_ATR_Trailing_Stop by MQL5 user @Scriptor found here https://www.mql5.com/en/code/20423 . MT5 indicator .mql5 and .ex5 files, report any bugs, I'll fix.

The MT5 custom indicator, named "wd.Multi_LineMA.mq5," is designed to offer traders valuable insights into Moving Average values from a higher timeframe (MTF Multi TimeFrame). It encompasses additional visual features for in-depth analysis, such as the ability to view trails for a specified number of bars and a dynamic MA horizontal price line.

Average Daily Range Indicator.

Know Sure Thing (KST) oscillator indicator based on the rate of price change (ROC)

Ergodic oscillator Stochastic Momentum Index (SMI)

This is a first for MetaTrader 5. Now you can click on the chart to create price alerts.

MovingAverages.mqh Part II A multi timeframe version is available with colors for orientation, for developers or profitable traders for free. Offer under conditions. Other multi timeframe indicators are also available.

Indicator Description: PTB.mq5 Overview: The PTB.mq5 indicator for MetaTrader 5 calculates short-term and long-term high and low prices, along with Fibonacci retracement levels based on these extremes. Features: Short-Term High and Low: Identifies immediate support and resistance over a user-defined short length. Long-Term High and Low: Analyzes broader market trends over a longer period. Fibonacci Levels: Plots key retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) for potential reversal points. Input Parameters: shortLength: Number of candles for short-term calculation. longLength: Number of candles for long-term calculation. Visual Representation: Distinct colors and widths for each line to differentiate between high/low and Fibonacci levels. Usage: Helps traders identify entry/exit points and monitor market trends based on historical price levels.

BBMA ZoneZeroLoss Histogram shows trading zones e.g. for "Reentry" setup for risk minimisation