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Top indicators for MetaTrader 5 based on user ratings - 4
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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.
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.
Checks if either upper or lower Wick range of a candlestick is greater than Body range of a candlestick and plot a wingding
Linear Regression Value indicator with an option that allows it to be applied to another indicator
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.
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.
Candlestick Fitness concept is used in coding HFT Algos based on population optimization algorithms.
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.
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.
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 custom indicator for MetaTrader 5 whose sole purpose is to display a BMP image on the chart, centred on the screen
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.
Kuskus Starlight is an oscillator that utilizes a Fisher price transformation to identify trends and potential reversals. The original MT4 code by Scriptor is available at: https://www.mql5.com/en/code/8365.
Price Alert MetaTrader indicator — can issue any type of alert when the price reaches certain levels set by a trader. There are three types of price levels: the first one is used when the price rises above certain level (displayed with the green line on the chart), the second one is used when the price falls below certain level (displayed with the red line on the chart), and the third one is used when the price reaches the certain level exactly (displayed with the yellow line). Three alert types include: native (popup), email, and push-notification. For email and push-notification alert features to work, you need to set up the email or MetaQuotes ID settings in your MetaTrader platform options window. The indicator is available for both MT4 and MT5.
Calculate a moving average in one function call. Code that can easily be transported between different projects.
A compound interest calculator for the trader. Calculates, based on your parameters, your risk of ruin, and the optimal risk per trade. Gives a forecast of your capital size in a year, month, and at the end of the term.
The MACD Coloured Histogram is an enhanced version of the classic MACD (Moving Average Convergence Divergence) indicator, designed to provide a clearer and more intuitive visual analysis of market momentum. This indicator combines traditional MACD functionalities with a dynamic histogram that changes colour based on the relationship between the MACD Line and the Signal Line, allowing traders to quickly identify trends, reversal points and moments of indecision in the market.