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Top indicators for MetaTrader 5 based on user ratings - 23
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The MACD histogram, based on the FATL and SATL digital filters with color indication of trends.
This version of Bollinger Bands has a choice of calculating the standard deviation as a sample or as an uncorrected deviation.
The indicator shows the statistical characteristics of bars: the mean value, variance, skewness and kurtosis
Keltner Channel built relative to the average value of the XRSX oscillator as a sequence of candlesticks
A quick way to draw an arc-shaped channel using four mouse clicks.
This version of Polychromatic Momentum is using double smoothed EMA for smoothing. DSEMA has been proven for producing very good smooth results with a lag that is almost non-existent, hence, in combination with it, the Polychromatic Momentum indicator becomes much more usable when it comes to signals.
Indicator RP (Range Position) displays the price position within the range (from Low to High) reached over the previous N periods.
Wick Ratio Candlesticks are recognized by its upper and lower wick ratio instead of open and close properties.
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.
A quantitative physics engine that applies differential calculus to price action, extracting true Market Velocity (1st Derivative) and Market Acceleration (2nd Derivative) to predict trend exhaustion before it happens.
The Force Index Indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bears Power at each decrease.
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.