Top indicators for MetaTrader 5 based on user ratings - 6

ExMachina Supply & Demand Zones is a professional indicator that automatically detects supply and demand zones on any chart using impulse-based detection with ATR filtering. Version 2.0 introduces multi-candle impulse detection, full range measurement, zone merging, touch tracking, proximity alerts, and an ExMachina dark theme that transforms your chart into a professional trading workspace.

Daily Risk Monitor Lite is a lightweight MetaTrader 5 indicator that displays daily realized P/L, floating P/L, daily total, current drawdown, and color-based risk status directly on the chart. It is a read-only monitoring tool and does not close trades or block trading.

Automatically detect Inside Bar patterns, draw projection rectangles, and receive real‑time alerts – all in one powerful indicator. Swing And Full Margin trader

Heiken ashi with all buffers set as series

SMC/ICT market-structure indicator for MT5: swing highs/lows, BOS (continuation) and CHoCH (reversal) confirmed on close, Order Blocks, Fair Value Gaps, and QML (Quasimodo) levels. Every feature is toggle-able, with adjustable swing sensitivity and colors. Works on any symbol and timeframe.

This is an indicator that helps identify Engulfing candle patterns.

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.

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

The Supertrend indicator plots an ATR-based dynamic trend line on the MetaTrader 5 chart, switching between a green uptrend and red downtrend line with optional buy/sell arrow signals at every trend reversal.

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

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.

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 indicator calls 3 other subwindow indicators. All files go in your Indicators folder.

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.

A volatility filter based on 3 ATR's: a fast ATR, a middle ATR, and a slow ATR

This is an experimental Last Structure Break (LSB) price action indicator that uncovers meaningful market structures and potential trading edges through intelligent support and resistance analysis.

A clean, lightweight, and non-repainting indicator that automatically detects and draws Smart Money Concepts (SMC) Fair Value Gaps (FVG) directly on your chart across any timeframe.

Line to change direction

An indicator which features full Smart Money Concept (SMC) + Break Of Structure (BOS) + Change Of Character (COC) + Fair Value Gap (FVG) Detection and Buy/Sell signals.

This is an indicator for showing volume profile on the chart, using simple calculations and very fast execution.

A lightweight, essential utility for ICT and SMC traders. It automatically plots the True Daily, Weekly, and Monthly Open prices, serving as the foundation for the Power of 3 (Accumulation, Manipulation, Distribution) concept.

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

Linear Regression Value indicator

Linear Regression Line

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.

This indicator detects bullish and bearish engulfing candlestick patterns with an optional volume filter to highlight stronger signals.

Searches for Wick or Body based High low in visible bars of chart

MQL5 version of harmonic moving average

Bollinger Bands with controllable outer band smoothing (post smoothing)

A demonstration on how to modify objects in an indicator without having the source code

A dynamic trendline-based evolution of the Donchian Channel

It is a zigzag which creates new zigzag turning points based on passing a volatility threshold

MQL5 implementation of the fixed-width fractional differencing (FFD) method from López de Prado's Advances in Financial Machine Learning (Chapter 5). Transforms a non-stationary price series into a stationary one while preserving maximum historical memory; output cross-validates against the Python afml library to within 1e-12.