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Top indicators for MetaTrader 5 based on user ratings - 39
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Indicator CI (Congestion Identifier). It displays within how many bars before the current one the price was within the channel formed by the Close price of the current bar +/- Delta in points. It also displays the counter value threshold level and the marks, in which the counter is above or below that level.
Indicator Ang_Zad_C_Hist_Candle with the timeframe selection option available in the input parameters
The Henderson Filters are derived by minimizing the sum of squares of the third difference of the moving average series. Henderson's criteria ensures that when these filters are applied to third degree polynomials, the resulting smoothed output will fit exactly on these parabolas. The Henderson Filters are suitable for smoothing economic time series as they allow the cycles typical of the trend to pass through unchanged. They also have the property that they will eliminate almost all the irregular variations that are of very short frequencies of six months or less.
Schaff Trend Cycle CD is usually calculated using Signal line of the MACD, meaning EMA (Exponential Moving Average) of the difference of two EMAs (Exponential Moving Averages).
Skyscraper_Fix_x10 shows the direction of Skyscraper_Fix indicator signals from ten different timeframes from the bar defined in the indicator input parameters
XBullsBearsEyes_Vol_Direct indicator provides alerts, sends email and push notifications at the incoming trading signals
An indicator that shows buy and sell signals of three indicators (iSAR, iWPR, and iMA) on nine timeframes with full settings
A redrawing channel, which looks into the future by a certain amount of bars specified in the appropriate input parameter
Just for experiment and to demonstrate the possibilities of Canvas. The price is drawn in the polar coordinate system by winding circles.
Set three crosses and monitor the daily percentage performance starting from a given time (that can also be set).
Better Volume is an advanced indicator designed to analyse the behaviour of volume on price charts. It combines volume information with metrics such as candlestick range and moving averages to identify important patterns in the market, such as buy/sell climaxes, churn and weak candles. With its dynamic visual interface and volume categorisation, the indicator offers valuable insights for traders who want to make informed decisions based on volume flow.
This indicator for Breakout Strategy. It doesn't print objects on the chart.
Allows you to easily visualize bullish and bearish periods confirmed by the zigzag indicator using vlines. You can control the display of the zigzag, choosing to start from the beginning of the chart or from a certain number of bars, as well as the display of labels showing the price of the peak or trough, the direction of the past period, and its amplitude in pips. Of course, it works on the main window as well as on sub-windows. WARNING!!! This is a valuable aid to understanding and calibrating indicators and developing strategies, but it is not intended for direct use. Translated with DeepL.com (free version)
The ColorCandlesDaily indicator draws candles with different colors depending on the day of the week.
TEMA can be used instead of traditional moving averages. It can be used for smoothing price data, as well as for smoothing other indicators.
The indicator shows the moments of the market acceleration. Besides, it indicates appropriate time for buying, selling and market exit.