Top indicators for MetaTrader 5 based on user ratings - 31

Balance of Power, introduced by Igor Livshin, attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine. This version of indicator calculates the BOP exactly as it is described in the article where it was published.

Ulcer Index (UI) - the volatility decrease index.

The Schaff Trend Cycle (STC) indicator detects up and down trends long before the MACD. It does this by using the same Exponential Moving Averages (EMAs), but adds a cycle component to factor currency cycle trends. Since currency cycle trends move based on a certain amount of days, this is factored into the equation of the STC indicator to give more accuracy and reliability than the MACD.

The RSI bands indicator helps in multiple ways, but mainly in visualizing on the main chart what price change would trigger the expected overbought or oversold signals.

As a logical step to filter out more the possible false signals, this variation of Schaff TCD RSI is using RSX (which is a smoother RSI than the "regular" RSI) to produce a smoother result.

Two indicators AbsolutelyNoLagLwma from different timeframes, the area between lines being filled with a cloud, the color of which corresponds with the trend direction on the market

Moving average AbsolutelyNoLagLwma displaying the most recent values as a price label, with the possibility to round the indicator levels to a required number of digits.

Super Trend indicator is probably one of the most known for MetaTrader 4. This version is for MetaTrader 5.

BB Stops indicator of smoothed WPR.

Indicator Choppiness Index Histogram

The Silence indicator displays aggressiveness (price change rate, the blue line) and volatility (the red line) in a separate window.

The TriggerLines trend indicator draws two moving average lines colored in accordance with the trend direction: green for upward and red for downward.

This version of Trend Envelopes RSI indicator differs in one significant point: instead of using fixed value (5) for envelopes calculation, standard deviation (adjusted by multiplier) of the calculated RSI is used for envelopes calculation.

The channel formed on an open price of an hour set in the settings

XBullsBearsEyes_Vol_Direct indicator with the timeframe selection option available in input parameters

Indicator Sylvain Vervoort rainbow moving average

SR-RateIndicator indicator provides alerts, sends email and push notifications when overbought/oversold levels are broken through by the histogram.

Key Reversal indicator

The indicator shows Buy and Sell signals of three indicators (iSAR, iMFI и iTEMA) located in nine timeframes, with full settings

This indicator enhance the functionality of the standard crosshair of MetaTrader adding the difference in Percentage and the time span in a human readable form (not in bars, but in Hours, minutes, days, etc)

Prices truncated to pips.

The Adaptive Moving Average Indicator is used for constructing a moving average with low sensitivity to price series noises and is characterized by the minimal lag for trend detection.

The purpose of this grid is to replace the standard grid with more convenient, it allows to determine many important points on the chart, the properties of the price movement and checkinh the quotes quality (for the presence of holes).

A Colorful Fan of Moving Averages.

The DRAW_NONE drawing style is used in cases, when you need to calculate and show the values of the indicator in "Data Window", but the plotting isn't needed.

This indicator shows the direction of the acceleration of JFatlAcceleration price from a larger timeframe at a smaller one.

Trinity-Impulse indicator shows market entries and periods of flat.

This indicator shows trend direction (Moving Average) and trading signals (Stochastic + Accelerator).

The indicator displays the fast adaptive line that allows to evaluate a trend line.

The indicator shows entry signals based on Accelerator Oscillator.

The indicator calculates the resistance and support lines and shows alerts when price is reached them.

The class is designed for calculation of Moving Averages (Moving Average) using the algorithm of the ring buffer.

The class is designed for calculation of the technical indicator Double Exponential Moving Average (Double Exponential Moving Average, DEMA) using the algorithm of the ring buffer.

The indicator draws support/resistance lines and the trend lines in the chart

A widely used indicator with two CCI from different periods.

Simplified version of Ozymandias with price band lines removed.

Simple trend indicator based on a group of several technical indicators.

Colored histogram based on a famous indicator by Edward Coppock.

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

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