Top indicators for MetaTrader 5 based on user ratings - 3

Donchian Ultimate MetaTrader indicator — is a classic Donchian channel indicator with multiple features added:

Easy Trend Visualizer is a MetaTrader indicator that does exactly what its name says. It shows where the trend begins, where it ends, and where there is no trend at all. It is based on standard MetaTrader ADX (Average Direction Movement Index) indicators and works quite fast. Easy Trend Visualizer displays itself in the main chart window. It offers a range of alerts: horizontal line appears, horizontal line cross, arrow up, arrow down, previous horizontal line cross (PHLC). Available for MT4 and MT5 platforms

Keltner Channel (MetaTrader indicator) — is a classical technical analysis indicator developed by Chester W. Keltner in 1960. The indicator is somewhat similar to the Bollinger Bands and Envelopes. It uses three plot lines: the middle line is the 10-day simple moving average applied to the typical price ((high + low + close) / 3), the upper and the lower bands are produced by adding and subtracting the moving average of the daily price range (High and Low difference) from the middle line. This way, a volatility-based channel is built. In this version of the indicator you can modify all the parameters of the MA. The indicator is available both for MT4 and MT5 versions of the platform.

Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target. This indicator uses the standard MetaTrader Fractals indicator (by Bill Williams' method) and has no changeable input parameters. This indicator is available for MetaTrader version 4 and 5.

A zigzag indicator that uses a single input to adjust the step size for detecting wave direction changes

This MQL5 custom indicator detects divergences between price action and the Awesome Oscillator (AO), signalling potential market reversals or continuations. It plots buy/sell arrows on the chart, displays the AO as a histogram, and draws trendlines to highlight divergences.

Indicator that displays the day's trend at any chart time. You can customise the colours and position of the text on the screen.

Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.

The XMA_Ishimoku indicator with additional trend strength indication using colored dots based on the standard deviation algorithm. The original code in the attached link had plotting problems.

This indicator is a utility that shows labelled trade levels on any chart. If you want to replace your native trade levels on a native chart, then turn off "Show trade levels" in your F8 Chart Properties and attach this indicator. If you want to show trade levels on a Custom Chart (where native trade levels cannot be shown), then simply attach this indicator. BaseSymbol - specify the Symbol from which the trade level data will be pulled--handy for unique Custom Symbols. TextBarsBack - specify the number of bars back in history from the current bar where the level labels will be drawn. Note: Although magic number is referenced in the code, it is not presently included in the trade lines. If you're running multiple EA's on the same Symbol, you can edit the code to show magic numbers and then run multiple instances of the indicator on one chart. You can also edit the font sizes and text spacing in the object properties as needed for different display resolutions.

Combines a Moving Average with ATR-based upper and lower bands to act as a trend filter and volatility channel.

The indicator displaying multi level of ATR Channel.

Weekly VWAP (Volume Weighted Average Price) is a powerful MQL5 indicator that calculates and displays the Volume Weighted Average Price for each trading week. It's a crucial tool for identifying weekly fair value and understanding the underlying sentiment over a longer timeframe.

Historical equity of one-time and one-time open virtual positions to analyse the efficiency of spread/equity trading

Fractal with CCI Filter - Indicator that combines traditional fractals with the CCI filter to reduce false signals. Shows red arrows above the candles for bullish fractals (sell) when the CCI is above the configured threshold and green arrows below the candles for bearish fractals (buy) when the CCI is below the negative threshold. Perfect for identifying reversal points with greater reliability.

PriceVar% is an indicator designed to measure the percentage difference between the price and a moving average, highlighting the strength of the market movement in relation to a reference value.

WaveWeisBarForce is a custom indicator based on Weis Waves logic. It accumulates volume into directional waves (bullish or bearish) and displays them as histograms with intensity levels. Bullish waves: 4 levels of green, from light to Lime. Bearish waves: 4 levels of red, from light to Red. WaveMax (white): shows the bar with the highest volume inside each wave. WaveClimax (yellow): highlights record accumulated volume across waves. This indicator helps traders visualise market pressure by volume accumulation and wave intensity, improving intraday and swing analysis.

MACD Histogram

Modern indicator that displays your daily trading statistics directly on your MT5 chart. Track your trading performance with a beautiful flat design panel showing lots traded, number of orders, and profit/loss for each day.

MULTI TF Confluence Index Stoch+RSI+MACD

DeltaFusion Lite is the simplified version of the DeltaFusionPro indicator for MT4. It calculates and displays Cumulative Delta and Net Delta, giving traders a clear view of buying and selling pressure within each candle. By analyzing the distribution of volume between bid and ask, it helps identify market sentiment shifts, potential reversals, and various types of divergences between price and volume.

This indicator implements the "Quarters Theory" - a technical analysis concept that divides price movement into four quarters around a central base level. It's designed to work with multiple asset types (Forex, stocks, commodities, etc.) and provides visual quarter levels on the chart.

RMA Relative Moving Average is a variant of EMA

Keltner Channel for traders or young developers by William210

main point is changing of MA curve to horizontal line and DPO curve shall represent to distance from close price to zero level or MA curve

This is an indicator that combines swing high/low and Fibonacci Retracement to identify potential buying zones.

Prototype for data collection. Dummy buffers for the data window (for data collection purposes) for the hour of the day, and an additional buffer for the hour of the day. Comments the hour of the day.

Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.

Custom time and price scale.

Draw daily vertical lines plus the day of week labels on the chart.

The T3 Indicator is an advanced moving average that combines six exponential moving averages to provide smoother price action with reduced lag compared to traditional moving averages.

This is a simple indicator to display histogram of custom bars' durations in minutes. Applicable for renko boxes, PnF, equivolume bars, etc.

A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.

Indicator for calculating the average price of open positions, you can use the magic number if you want to separate the positions of just one robot, but the zero number is for manual operations.

EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It is not just an alerter of current drawdown; it is especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.

Custom MACD for MetaTrader 5 enhances the classic MACD with real-time signal alerts sent to your phone. Detect trends and reversals with customizable parameters, intuitive visuals, and automated buy/sell notifications.

An indicator that provides a clear visualization of volume pressure on each side of the market

A candlestick chart which connects the ask price and bid price to the high and low of the candles

It's the classic zigzag with a timeframe input to display a HTF zigzag on a LTF chart

It signals a period of low market volatility that is about to end, foreshadowing a significant price move.