Top indicators for MetaTrader 5 based on user ratings - 27

The Rainbow Oscillator indicator is mainly intended to show the trend of the market. But, using the levels you can use it to assess overbought and oversold conditions too.

Indicator AML (Adaptive Market Level) displays one of three market states: Flat, uptrend, and downtrend.

Indicator UDP (Up/Down Percentage) displays the direction of candlesticks, i.e., up/down, as a percentage over the selected period.

Oscillator TCF (Trend Continuation Factor) was developed to help identify the trend and direction of the market.

Double Smoothed Stochastic indicator

Stripped T3 levels (T3 levels that can display the 3 phases of T3 calculation)

Indicator WaveMTF Bull and Bear System with Signal and Alert for MetaTrader 5 with options to display signal on the chart.

The Moving Average Convergence/Divergence (MACD) is the next trend-following dynamic indicator. It indicates the correlation between two Moving Averages of a price.

The indicator plots the candles with different colors depending on the trend direction and price movement.

The NRTR (Nick Rypock Trailing Reverse) indicator draws the base line (support and resistance) and a target line.

The DRAW_CANDLES drawing style plots the candles using the values of 4 indicator buffers with Open, High, Low and Close prices.

Moving average with the double adaptive JMA smoothing of a price range.

This oscillator generates market entry and exit signals based on RSI and CCI indicators.

SuperTrend trend indicator.

Forecasting the next day candlestick changing range for all bars of the current chart.

Laguerre_HTF_Signal shows a trend direction or a signal for performing a deal generated by Laguerre indicator as a graphic object with colored trend indication or deal direction.

The indicator showing volatility breakout as a histogram and serving as a signal for market entry/exit/position reversal or position volume increasing.

The indicator specifies the market volatility as a standard deviation.

Pearson correlation indicator shows the correlation between symbols.

Implementation of the option to change the drawing mode, as exemplified by the CCI indicator.

The indicator of the arbitrage situation for spread consisting from two instruments

The second (edited and added) version of the alternative indicator for trend definition based on the breakthrough bars and distance from extremums. The breakthrough levels and size of the previous trends are added.

This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows.

Three Moving Averages with three different timeframes on one chart.

Flat determining indicator.

The Triple Exponential Moving Average indicator implemented as a sequence of candlesticks.

The FX5_SelfAdjustingWPR indicator with the timeframe selection option available in the input parameters.

Trend indicator with simple and clear indication of position opening moments.

The indicator demonstrates the operation of obtaining the ticks using the "CopyTicks", and allows to compare the three modes of obtaining ticks.

ZigZag based on MACD histogram.

This version has 6 sub-types it is actually calculating.

This is the Leader of the MACD as described by Giorgos E. Siligardos.

Gaussian Filter for apply to other indicators too.

The auto envelope automatically sizes channels by calculating a standard deviation for the last n bars.

Average using dr. Andreas Uhl's "correction method.

The indicator is derived from the NRTR indicator.

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

Rsi(var) with averages.

The Percentage Price Oscillator (PPO) is a technical Momentum indicator showing the relationship between two Moving Averages. To calculate the PPO, subtract the 26-day Exponential Moving Average (EMA) from the nine-day EMA, and then divide this difference by the 26-day EMA. The end result is a percentage that tells the trader where the short-term average is relative to the longer-term average.

One more from the creations of John Ehlers - nonlinear Kalman filter.