Top indicators for MetaTrader 5 based on user ratings - 4

Here is my implementation of a colored Hull Moving Average.

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.

Show candle gain and candle loss in percent.

This is an indicator to calculate ATR Weighted moving averages.

Linear Regression Value indicator

A smoother line chart which cuts out a lot of the market noise and uses volume in the formula

Flexible Momentum (MetaTrader indicator) — calculates the change of a currency rate during a given period (in seconds) and displays the result as a number of points and percentage in the main chart window of the platform. It offers highly customizable alerts based on thresholds for maximum momentum in points and percentage. Because this indicator uses ticks history to calculate momentum, it works only in MT5.

Market Profile MetaTrader indicator — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible to use a free-draw rectangle session to create a custom market profile on any timeframe. Six different color schemes are available to draw the profile's blocks. Drawing profiles as a plain color histogram is also possible. Alternatively, you may choose to color the profile based on bullish/bearish bars. This indicator is based on bare price action and does not use any standard indicators. It is available for MetaTrader 4, MetaTrader 5

Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5.

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.

Pinbar Detector is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection. The indicator is available both for MT4 and MT5 versions of the trading platform.

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.

RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. The auxiliary histogram is shown for a quick-glance view of the current trend. The indicator is available for both MT4 and MT5 versions of the MetaTrader platform.

Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5

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.

Total Power Indicator (MetaTrader indicator) — is based on the two standard indicators — Bear Power and Bull Power. The indicator calculates how many bullish and bearish bars were there during a given look-back period and then calculates the proportional index for bears, bulls, and total (calculated as the absolute difference between bulls and bears) for the current bar. This way, we get continuous lines of the relative average bear and bull power over a period, removing the main disadvantage of the original Bear/Bull Power indicators — the lack of a long-term perspective. The original MetaTrader 4 version of Total Power Indicator was created by Daniel Fernandez of Asirikuy.com in 2011. The version for MT5 is now also available.

Time to candle Close. Dynamic text colours. Optimised for back-testing.

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.

The VR Alert NT5 indicator warns the trader about the price reaching a specified level.

The Slope Direction Line indicator is displayed as a colored moving average line indicating the average market movement direction.

Holt's double exponential smoothing with linear forecasting

This version can use one of the 4 basic averages types for smoothing.

Adaptive Laguerre filter trend.

Highest high & lowest low support resistance

This is MQL5 version of Shved Supply and Demand written by Shved and upgraded by eevviill7 with history mode.

This is the exact conversion of pivotshigh and pivotslow functions from pine script v4 as an mql5 indicator.

Indicator based on basic slope moving average and cloud around. Indicator shows two types of signals: prepearing - dot and entry - arrow.

When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from a "standard" level.

Moving average for prices (O+C+H+L)/4.

A variation on the T3 theme that was made as a sort of envelopes using T3 for basic value.

The Aroon indicator in the new visualization.

The newest version of ALMA.

The Dynamic Trend signal indicator draws a two-color trend direction line and adds signal arrows.

Signal indicator iCrossAD. It shows possible reversals or price roll-backs.

ATR adaptive SMA (simple moving average)

The Volume Rate of Change (VROC) is an indicator of the direction where the volume trend moves.

The indicator colors the candlesticks according to B. Williams.

MACD with possibility to choose between tick volume and real volume.

The MetaTrader 5 version of RSI of MACD double

Double stochastic of RSI.