Top indicators for MetaTrader 5 based on user ratings - 4

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.

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.

Automatically draws support/resistance trendlines using 2 pivot detection algorithms. Features real-time breakout detection, auto-adjustment after breaks, historical line display, and comprehensive alerts. Note: This code is developed based on the original work by Rone (Copyright 2012), optimized in 2025.

An indicator to detect and mark all popular candle patterns

Indicator displays the value of defined stop loss and or take profit in the deposit currency. Note: It calculates an estimated value based on a simple calculation and does not take into account brokerage commissions.

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Checks if either upper or lower Wick range of a candlestick is greater than Body range of a candlestick and plot a wingding

Set three crosses and monitor the daily percentage performance starting from a given time (that can also be set).

Standard Bollinger Bands indicator with averaging features added

The indicator shows the angle or average speed of price change.

Linear Regression Value indicator with an option that allows it to be applied to another indicator

higher confidence to get into trade

A simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time.

ATR %, ATR percentage, ATR percentage, ATR percentage, ATR percentage

Beginner MetaTrader indicator — a very simple custom indicator that displays the local tops and bottoms on the chart with the red and blue dots near them. It analyzes the maximum and minimums on the certain period and then compares them to the range, in which the currency pair was trading, and if the top/bottom is significant enough, it marks it with the dot. This indicator redraws itself and thus should not be used for generating trading signals as the dots' positions may change. Both MT4 and MT5 versions of the indicator are available.

Bollinger Squeeze Advanced MetaTrader indicator — is a complex indicator consisting of two components: A measure of trendedness based on the Bollinger bands and Keltner channel "squeeze". A trend direction and strength histogram based on one of the following eight oscillators: Stochastic, CCI, RSI, MACD, Momentum, Williams % Range, ADX, DeMarker.

Dots (MetaTrader indicator) is based on the 2006 indicator by TrendLaboratory. It displays the current trend direction by placing the dots on the main chart. The blue dots signal bullish trend and the red dots signal bearish trend. Although the indicator doesn't rely on any standard MetaTrader indicators, it uses a call to iMA() (moving average) to get the price values depending on the input price type used (Close, Open, High, Low, Typical, etc.) The calculation is based on the cosine of the angle of price change. Trader can modify several input parameters. The indicator is available both for MT4 and MT5 versions of the platform.

This is an indicator that evaluates FVGs in the inputted "window_size" to detect momentum or trend strength.

Two Symbol Spread Indicator

This indicator takes RSI divergences and plots them in buffers to automate EAs

The Candle Filter indicator is a customisable tool designed to filter and highlight candles on the chart based on specific criteria. It allows the trader to visualise only the candles of interest, such as bullish candles, bearish candles, Doji candles or all candles simultaneously. In addition, the indicator offers full control over the colours of the candles and the chart background, providing a clear and adaptable visual experience.

All indicators required by BBMA Strategy in a single indicator.

The Standard fractals are 2 candles to the right and 2 candles to the left. With this Custom Fractals you can choose as many candles as you like, both to the left and to the right.

The indicator implements some of the most interesting approaches to measuring correlations

This powerful tool filters the classic RSI through a moving average, providing a smoother, more reliable signal line for pinpointing entries, exits, and trend direction with unparalleled clarity.

Tillson T3 with EMA calculations done without auxiliary indicator buffers.

This is an indicator that helps identify Engulfing candle patterns.

Lightweight CVD (Cumulative Volume Delta) for MT5 — M1-based, shows buy/sell pressure as candles with optional resets.

It will automatically plot a colored horizontal line on the previous open/highs/lows/close of the selected period, and it will make the lines consistent on this price when switching timeframes.

Anlayse swing highs and lows

Chaykin Money Flow (CMF)" indicator

Point-and-Figure MetaTrader 5 indicator is an indicator that can plot a point-and-figure chart directly in the main window of your normal MT5 chart. You can set up all the point-and-figure method parameters, such as the box size and the reversal distance, according to your preference. In addition, you can control all the display parameters of the PnF chart. This point-and-figure indicator supports all sorts of alerts. It is based on real ticks data, and thus is available only for MT5.

This is a simple analytical (non-signal, one-time calculated) indicator that allows you to test the hypothesis that price timeseries represent a "random walk", specifically Gaussian "random walk". This can help to construct a parametric transformation of price increments into evenly distributed, more stable and predictable time series, at least in terms of volatility.

Monthly VWAP (Volume Weighted Average Price) is an essential MQL5 indicator that calculates and displays the Volume Weighted Average Price for each trading month. It's a powerful tool for understanding long-term market sentiment, identifying key monthly fair value, and informing strategic decisions.

This simple indicator is to find out easily when the price reaches a particular time on any candle or time frame.

Automatic Fibonacci retracement indicator that intelligently detects market waves and draws Fibonacci levels without manual intervention.

This indicator allows you to define a checklist for you to manually check and confirm your strategy before entering into a trade.

Linear Regression Line