Free Expert Advisors and Indicators for MetaTrader 5 - 4

This Free Version I separate from Paid version to whom is newbies here and don't have much money to buy good EA. This EA working on AUDCAD with very small Balance and no martingale , No grid its just hedge positions opposite side to cover loss side until trailing Profits and loss together, last I am not make sure this ea work on your broker too so test demo before running on live account. My recommendation for first use : Pair : AUDCAD Time Frames : M15 Balance : 100$ or Above  Use Force Trend M

The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. The indicator operation modes can be switched using the Mode input variable: Buy - display only the buyer volumes. Sell - display only the seller volumes. BuySell -

High Low Swing (HLS) Indicator The HLS indicator is a technical analysis tool designed to identify swing highs and lows in the market, aiding swing traders in making informed decisions. It offers an adjustable "degree" parameter, allowing you to customize the sensitivity to strong price movements based on current market conditions. Features: •    Clear Buy/Sell Signals: The indicator plots signals directly on the chart, simplifying trade identification. •    Adjustable Swing Strength: The "

Fair Value Gap Sweep is a unique and powerful indicator that draws fair value gaps on your chart and alerts you when a gap has been swept by the price. A fair value gap is a price gap that occurs when the market opens at a different level than the previous close, creating an imbalance between buyers and sellers. A gap sweep is when the price moves back to fill the gap, indicating a change in market sentiment and a potential trading opportunity. Fair Value Gap Sweep indicator has the following

This indicator draw a watermark on the chart, with the timeframe and symbol name. You can change everything, including add a aditional watermark. Functions: Symbol watermark: Size -  text size. Font -  text font. Color -  text color. Background text -  watermark at foreground or background mode. Horizontal correction -  x correction in pixels. Vertical correction -  y correction in pixels. Separator period X symbol -  what will separate the period from symbol. Aditional watermark: Enable custom

This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of

Pin Bar Detector is an indicator that finds Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like   Dragon Fly Doji , Grave Stone Doji,  Hammer, Inverted-Hammer, Hanging Man and Shooting Star. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our prem

This indicator is very useful for day traders or short term traders. (MT5 version) No need to calculate the number of pips manually, just look at the chart and you will see the Virtual Take Profit / Virtual Stop Loss target line and evaluate whether the entry point is feasible to reach the intended target or not. Enter the intended   Take Profit / Stop Loss   pips for your trade. The indicator will display   Virtual Take Profit / Virtual Stop Loss   lines for you to easily see if the target i

Unlock the Rhythm of the Markets: Automated Backtesting for Price Action Strategies Experience the power of our revolutionary price action concept backtesting product, capable of conducting years' worth of backtesting in a matter of seconds.  Say goodbye to hundreds of hours of manual analysis and hello to instant insights. Our automated backtesting tool empowers traders to create and test strategies from scratch, optimize and refine their current strategies. No more manual constraints - propel

Growthamp is a grid expert designed for clients who want to customise their own entry conditions. The expert enters trades using two input custom moving averages and optional stochastic oscillation. It then manages orders into profit using chosen order management & close functions. Signals & Group Chat : https://www.mql5.com/en/users/conorstephenson Key Features  Customisable entries and trade management. 36 Different Moving Average types to choose from. Follow trend or enter using Moving Ave

For those who struggle with overbloated Volume Profile/Market Profile indicators, here is a solution that contains only the Point of Control (POC) information. Super-fast and reliable, the Mini POC indicator presents this vital information visually within your chart. Totally customizable in splittable timeframes, type of Volume, calculation method, and how many days back you need. SETTINGS Timeframe to split the POCs within the day. Volume type to use: Ticks or Real Volume. Calculation method

The indicator based on the trading channel in the MT5 trading terminal is a tool that automatically builds a channel formed by the peaks of the price chart in an upward and downward sequence. This indicator helps traders identify support and resistance levels, market trends, as well as set stop-loss and take-profit levels for optimal trade management. This version of the indicator is equipped with a basic trading logic, which can be disabled in the settings and used as an indicator for your tra

The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price , of which the alpha value of the EMA is fixed at 0.5 (equivalent to an EMA period of 3.0). In this dynamic version, the period can be changed to whatever value one wishes to use, which also allows one to approximate multi-time-frame analysis, or use the low or high value as a sort of trailing stop-loss. The crossing of the real Close price over the Heikin

Williams Wizard is an expert advisor designed for the market and is built on a foundation of sound trading principles. Unlike many other advisors out there, it does not rely on a grid system or martingale strategy, which can often lead to risky and unpredictable trading. Instead, this expert advisor uses highly reliable and effective indicators which measure momentum in the market and help to identify potential buying and selling opportunities.  I recommend using this expert advisor on USDJPY 4H

Introduction WaveTrend Plus is an amazing oscillator that can detect optimal entry points in the market with high precision using complex computations of price and momentum. This version packs many improvements compared to the original WaveTrend such as cleaner visuals, oversold/overbought signals and divergence detection Signal Buy when oversold signal appear (green dot below) or when a bullish divergence is detected (green dashed line) Sell when overbought signal appear (red dot ab

Are you tired of drawing Support & Resistance levels for your Quotes? Are you learning how to spot Support & Resistances? No matter what is your case, Auto Support & Resistances will draw those levels for you! AND, it can draw them from other timeframes, right into you current chart, no matter what timeframe you are using... You can also Agglutinate regions/zones that are too much closer to each other and turning them into one single Support & Resistance Level. All configurable. SETTINGS Time

Ichimoku Trend Alert is the Ichimoku Kinko Hyo indicator with Alerts and signal filters. Ichimoku Trend Alert features: Optional check of Ichimoku cloud, Tenkan sen(Conversion Line), Kijun sen(Base Line), Senkou span A, Senkou span B, and Chikou span relative to price, and more. Popup, email, and phone notification alerts for selected symbols and timeframes. There are 9 classic Ichimoku trend filters you can enable/disable in settings: Price/Cloud Order:   Checks the price position relative

Dark Inversion  is an Indicator for intraday trading. This Indicator is based on Counter Trend  strategy but use also Volatility. We can enter in good price with this Indicator, in order to follow the inversions on the current instrument. Hey, I made an Expert Advisor based on this indicator, if you are interested: Dark Titan MT5 Key benefits Easily visible Inversion Lines Intuitive directional arrows Automated adjustment for each timeframe and instrument Easy to use even for beginners Never

Dark Dione  is a fully automatic Expert Advisor for Medium term  Trading. This Expert Advisor needs attention, in fact presents highly customizable. Dark Dione is based on   Dark Breakout MT5   indicator, these trades can be manage with some strategies.   (Write a review at market to receive my best settings for free!) Optimization experience is required to Download the robot. My tests are indicative, for best results it is necessary to study the user manual and create your settings. All the   s

his is a custom indicator based on double-average crossing and arrow marking. Make multiple lists when blue arrows appear up. Make a blank list when the red arrow appears down. When the pink line crosses the green line upwards, the pink line is above, the green line is below, the golden fork appears, and the blue arrow appears. When the pink line crosses down through the green line, the pink line is below, the green line is above, a dead fork appears, and a red arrow appears. This is

Previous Day's Close and Bar Shift Indicator for MetaTrader! The Previous Day's Close and Bar Shift Indicator is a tool designed to enhance technical analysis and decision-making in trading. With this indicator, you will have access to detailed information about the opening, high, low, and closing levels of any bar, allowing for precise and comprehensive analysis of market movements. Imagine having the ability to nest one timeframe within another, enabling detailed analysis of each bar across di

Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is... FEATURES 8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA SETTINGS You can change the Period of all M

This expert is a pure volatility scalper working with market orders orders. Expert not use any indicator, only use prices action and volatility of price to generate signals. Using an algorithm to calculate the speed of price to generate the signals. There are three conditions for it to work: Tight spread  Fast execution Stop level = 0 Please during the tests of this EA do not simultaneously use another EA in the same terminal because it affects the modification speed. Try expert on demo accoun

Features Indicator for check volume for price. Mainly works for EURUSD, other currency fair can be no work or calculation takes long time. For smooth use, Turn on "Shift end of the chart border from right border" as shown in the screenshot When apear new bar Data reset Variables COlOR : Setting of indicator color WIDTH :  Setting of indicator width PERIOD :  Determine the time of period for calculating data

MeetAlgo RSI Trade EA MT5 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide  |  Update Guide  |  Submit Your Problem  |  All Products  ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-

The Volume Weighted Average Price is similar to a moving average, except volume is included to weight the average price over a period.    Volume-Weighted Average Price [VWAP] is a dynamic, weighted average designed to more accurately reflect  a security’s true average price over a given period . Mathematically, VWAP is the summation of money (i.e., Volume x Price) transacted divided by the total volume over any time horizon, typically from market open to market close. VWAP reflects the capital

GOLD ESCAVATOR TRADING BOT A trading bot for XAUUSD. Lot size is calculated by  multiplying the lot factor by each 100 USD on account.  You can adjust your risk level from 1 to 4 to suit your needs; Advisable to use account sizes of USD 200 and above. Account types:   Hedging accounts, Standard accounts are preferred i.e. no commissions, Use well regulated brokers eg ICMarkets.  all this provides room for the strategy to work smoothly for stabilized results and removing the possibility of the mo

The Expert Advisor for this Indicator can be found here:  https://www.mql5.com/en/market/product/115567 The Contraction/Expansion Breakout Lines with Fair Value Gaps (FVGs) Indicator for MetaTrader 5 (MT5) is a powerful technical analysis tool designed to help traders identify and visualize breakouts at critical levels of contraction and expansion in financial markets. By incorporating Fair Value Gaps (FVGs), this indicator enhances traders' ability to gauge market sentiment and anticipate poten

Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period. Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!

Watermark Centralized Adds a watermark centered with the asset name and chosen period. It is possible to override the font type, font size, font color and separator character. The watermark is positioned behind the candles, not disturbing the visualization. It has automatic re-centering if the window is resized. Hope this indicator helps you, good trading ;)

The   Matrix Arrow Indicator Multi Timeframe Panel MT5   is a free add on and a great asset for your   Matrix Arrow Indicator MT5 . It shows the current   Matrix Arrow Indicator MT5   signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT5 consists of. All of the 10 standard indicators attributes are also adjustable, as in the   Matrix Arrow Indicat

CPR Pivot Lines It Will Draw Pivot   Point R1,R2,R3 S1,S2,S3 Tc Bc   Best Part Is That You Can Even Add Values Of High,Low,Close Manually Also To Get Your All Levels On Chart.So If Your Broker Data Of High ,Low ,Close Is Incorrect Then You Don’t Have To Depend On Them Anymore. You Can Even Modify All Lines Style. It Will Show Line In Floting Style And Not Continues Mess.

Emulate TradingView drawing   experience   with magnet snap to the nearest price. A handy precision drawing tool for trading: ICT SMC (Smart Money Concept) Demand & Supply FVG (Fair Value Gap) Breakout Trend Following Reversal MTF (Multiple Timeframe) Price Action Support & Resistance Elliott Wave Supported drawing tools: Vertical Line Horizontal Line Trend Line Horizontal Ray (Angle Trend Line) Fibonacci Retracement Rectangle Input: Threshold (px) : The distance in pixel unit to snap the

Introduction The PF Maximizer is a game-changing non-repainting technical tool engineered to help traders distinguish genuine trend signals from erratic market fluctuations. By employing sophisticated algorithms and cutting-edge data analysis, this indicator efficiently filters out unwanted noise, empowering traders to identify the precise starting and ending points of substantial market moves. Signal Potential buy signal is generated when moving average is going up and the blue line c

The Fibonacci Trader MQL5 expert advisor uses the Fibonacci levels to determine a buy or sell trade with the MACD as confirmation. The Fibonacci levels work as follows: Above 61.8 SELL if MACD trend is SELL Trading Range (Ability to select trading input parameters) BUY if MACD trend is BUY SELL if MACD trend is SELL Below 23.6 BUY if MACD trend is BUY Default settings are configured for EURUSD on M5 Chart. To work with the news server, you must add the URL ‘ http://ec.forexprostools.com/ ’

BREAKOUT ALGO is a game-changing trading algorithm designed to capitalize on price breakouts with unparalleled precision and efficiency. This innovative algorithm leverages the power of Fractals to identify key highs and lows in prices while utilizing the simple moving average indicator to determine trend directions with accuracy. Breakout Algo is engineered to empower traders with the ability to seize breakout opportunities in the market, enabling them to make informed decisions and maximiz

Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO MACD is called Convergence and Divergence Moving Average, which is developed from the double e

The indicator displays profit (loss) on the current symbol. You can freely drag and drop the line to display the current profit or loss. Parameters Calculation in money or in points — calculate the profit/loss in points or money. Add pending orders to calculate — take pending orders into account in calculations. Magic Number (0 - all orders on symbol) — magic number, if it is necessary to evaluate specific orders. Offset for first drawing (points from the average price) — offset of the line f

The Renko Chart tool presents an innovative and highly flexible approach to visualizing market data in MetaTrader 5. This indicator creates a custom symbol with Renko bricks directly on the chart, displaying accurate prices at the respective opening date/time for each brick. This feature makes it possible to apply any indicator to the Renko chart. Furthermore, this tool also allows access to historical brick data through native methods in the MQL5 programming language, such as iOpen, iHigh, i

This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua

Welcome! This is the RSI GridMaster Mini, the freely available compact version of the popular RSI GridMaster. This robot operates based on the RSI indicator with a grid strategy, allowing for continuous trading in response to market movements. The Mini version comes with a fixed lot size of 0.01 and trades exclusively on the hourly time frame. In this version, the number of settings has been minimized to simplify and streamline the trading process. You can find the full version by clicking here

The   Candle Timer indicator   displays an advanced bar countdown timer on a chart. This study indicates the remaining time for the last candle in the chart. Main features The indicator shows the remaining time for the last bar in the chart. Alert notifications for new bar. Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN). Customizable parameters (Colors, Text size, Visibility...). Ideal tool for all kinds of trading (Scalpers, intraday traders...). Very fast calculation. Avail

The   best partner for traders!   Trading Assistant: This is a very feature-rich trading aid. Development is not easy, please support Pro Click to jump K Trade Assistant Pro MT5 Trading Assistant Operation Instructions Basic usage settings Basic: Support language selection switch (currently supports Chinese and English)       automatic language recognition Support the binding of   hot key to open and close positions   , use shortcut keys to open and close positions quickly...  

Rectangle position changer   tool is used for precise/accurate rectangle positioning by time or price only.   You can move each side of rectangle separately with lines created around selected rectangle. This tool will replace classical grid because it is like dynamical chart grid for rectangle grid. This tool allows you to adjust your rectangles, from all 4 sides, with ease and makes your technical analysis that much faster. This tool is handy when corner points for changing rectangle position a

"Introducing NakaTrend: Your Ultimate Trend Detector for MetaTrader 5! Ready to revolutionize your trading experience? Meet NakaTrend, your go-to indicator for identifying trend changes with precision and ease. With NakaTrend, you'll never miss another opportunity to capitalize on market shifts. When a bullish trend emerges, NakaTrend signals it with a green dollar sign, prompting you to enter a buy order. And when the tide turns bearish, a red dollar sign appears, signaling the perfect mom

Chart Symbol Changer for MT5   is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel.  Chart Symbol Changer for MT5  gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.

Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. If there is more than one event set to the very same time, their Names will be stacked and you will see the messages merged with the plus (+) sign on the marker. Obviously that long or too much events on the sam

The indicator plots a trend channel using the technique by Gilbert Raff. The channel axis is a first-order regression. The upper and lower lines show the maximum distance the Close line had moved away from the axis line. Therefore, the upper and lower lines can be considered as resistance and support lines, respectively. A similar version of the indicator for the MT4 terminal As a rule, most movements of the price occur within a channel, going beyond the support or resistance line only for a s

Original supertrend indicator in Tradingview platform.  Indicator type: Price Action indicator Introduction:   The Supertrend Indicator - Enhancing Your Trend Analysis.  If you haven't yet found a Supertrend indicator with good graphics on the MQL5 platform, this is the indicator for you. Overview:   The Supertrend Indicator is a powerful tool designed to provide traders with valuable insights into the current and historical trends of financial markets. It serves as a valuable addition to any t

This is a simple Candle Stick Pattern Indicator, which shows in the current time period all standardisized Patterns in the chart. All Patterns will be calculatet automatically based on standard conditions. Following Candle Stick Patterns are included: Bullish Hammer | Bearish Hammer Bullish Inverted Hammer | Bearish Inverted Hammer Bullish Engulfing | Bearish Engulfing Piercing | Dark Cloud Cover Bullish 3 Inside | Bearish 3 Inside There are only a few settings at the begining to take. Every Pat

ARCA bot - a full-featured, non-syndicated, automated system that uses a time-tested grid strategy adapted to modern conditions. This methodology has appeared since the inception of the financial markets and is still used by many professional traders and hedge funds, as it has shown good results for decades. The expert is fully automated and must be on 24 hours a day to work, so we recommend to use VPS-server, which will provide uninterrupted work of the expert.  Characteristics: Platform: MT

This is Heiken Ashi smoothed version, where you can choose on what type smoothness you want to make your strategy base. You can choose between EMA or MA, on the period you want. And you can choose colors. Definition:  The Heikin-Ashi technique averages price data to create a Japanese candlestick chart that filters out market noise. Heikin-Ashi charts, developed by Munehisa Homma in the 1700s, share some characteristics with standard candlestick charts but differ based on the values used to

SUPERTREND; It is a trend following indicator based on the SuperTrend ATR created by Olivier Seban. It can be used to detect changes in trend direction and locate stops. When the price falls below the indicator curve, it turns red and indicates a downtrend. Conversely, when the price moves above the curve, the indicator turns green, indicating an uptrend. Like other indicators, it works well on SuperTrend when used in conjunction with other indicators such as MACD, parabolik SAR, Bollinger Band

this is a highly profitable semi-auto grid strategy. MT4 Version ======== Usage======== : Symbol: Any Main pairs Timeframe: H1 or higher Recommend Lots: 0.01 per 1000 USD Note: Grid strategy is alwasy with some risk due to the increasely accumulated risk lots. but the high profit makes such strategy still being popular no matter how forex industry developed.   semi-auto trading should be the best way to equilibrate profit and risk. this EA has integrated many useful options for user t

"BIG FIGURE INDICATOR" automatically identifies and draws horizontal lines on price charts at specific levels, such as whole numbers or half-numbers (e.g., 1.0000 or 1.5000 in currency trading). These levels are considered psychologically significant because they represent round numbers that big traders and investors may focus on, leading to potential support or resistance levels. The big figure indicator can help traders identify important price levels and make trading decisions based on these

Central Pivot Range levels are formed around a central pivot point. These levels in relation to the central pivot can be used to determine numerus market behaviours and possible outcomes. The distance away from the central pivot, and the price that new levels form in relation to previous day levels , can be used to determine following days trending direction and strength. Central Pivot Ranges can act as support and resistance, offer a guide where to put a stop loss and also give signals of price

Trade Assistant Panel: Your Optimal Trading Ally "The Trade Assistant Panel" is a graphical tool for traders aiming to simplify and enhance their trading experience. It streamlines order execution and management, allowing you to focus on market analysis and decision-making. With just a few clicks, you can initiate various order types, ensuring that you always have full control over your trading strategy: Buy Orders Sell Orders Buy Stop Orders Buy Limit Orders Sell Stop Orders Sell Limit Orders Y

EA works only XAUUSD on M15 chart. It works with different indicators and before using it on the real account you need to test it and set it as you see fit. The standard setting can give decent results but it is always better to configure it to your liking. The indicators used are RSI, Bulls Power, Bollinger Bands and Moving Average. Use the account sparingly because past gains do not reflect future gains.

The indicator analyzes the price structure of fractals and determines possible reversal points in market dynamics.   Fractals can be used as support and resistance levels Advantages: Works on all instruments and timeseries, Does not redraw its results, Customizable colors of indicator elements, Pairs perfectly with any trend strategy, Adjusting the strength of fractals.   MT4 version indicator ->   HERE       /       AW Fractals EA MT5   ->   HERE Strategy: Fractals are a combination

the indicator uses multiple time frames to analyze for the best buying entries in boom 1000. it is tailored to help trade on boom spikes only. the indicator has two arrows; red and blue ones. the formation of the red arrow indicates that you should be ready for a blue arrow which is a buy entry signal. the indicator does not offer exit points. always collect 30 pips i.e if you entered a trade at 10230.200 you can exit at 10260.200 with SL at 10 pips i.e at 10220.200. if you observe that rule and

This indicator created based on original John Carter's TTM_Squeeze indicator and represents "squeeze" of the market which can be followed (or maybe not) by significant moves. Original indicator prints black dots when Bollinger Bands are inside Kelthner Channels and exactly this implemented in this custom version. Instead of original implementation as momentum indicator MACD indicator with standard settings 12-26-9 is being used. Mainly, the indicator is useful for understanding when it's better

The indicator draws the time scale on the chart. You can specify the time offset, adjust the size and font to display on the chart ( it is displaying your local time on your chart instead of MT time ). You can also select the desired format for displaying the date and time. You may be interested in my other product , which contains a more advanced version of the Time Scale . Parameters Hours (time shift) — time shift (hours); Minutes (time shift) — time shift (minutes); Show time on mouse — sh

Works with Trend Line PRO indicator and set files made by Optimizer Utility You can download additional programs: here The scanner is developed to get new signals of the Trend Line PRO indicator on all pairs and timeframes from M5 to MN1 For the scanner to work, you should have an indicator. The main advantage of SCANNER Trend Line PRO is the possibility to use an individual set file for each pair and timeframe. You can automatically set up, change and save settings for each pair in the addit

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing: Disabled/Enabled/EnabledwithAlert Pin:  Disabled/Enabled/Enabledw

The FVG scanner scans the Daily timeframe, the 4-Hour Timeframe and the 1-Hour Timeframe for FVGs and iFVGs in real time and on the strategy Tester. FVG stands for Fair value Gaps, This are said to be areas of market ineffieciency where price would have to return to in the near future Different colors are available for different FVGs. It highlights both the FVG and iFVG

Market Profile 3 MetaTrader 5 indicator  version 4.70— 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 als

This is a very simple indicator and easy to use for everyone. However, it's very visual, useful and effective. It is suitable for every Forex symbol and any timeframe. But from my testing and investigation, I do not recommend to use it with timeframes M1, M5, M15.  Setting. - Choose alert On/Off ( default ON). - Select time ( seconds) between 2 alerts . Default is 30 seconds  How it works? Uptrend—When color of the bar is Green. Downtrend—When color of the bar is Orange. A reversal happens if co

Using data from the order book in the strategy tester Key features: Simultaneous use of several symbols, up to 7 pieces DOM visualization With the visualization of order books, real-time simulation is available, as well as acceleration or deceleration Working with the library: This product also requires a utility to save data:  https://www.mql5.com/en/market/product/71642 Speed control utility:  https://www.mql5.com/en/market/product/81409 Include file:   https://c.mql5.com/31/735/Market_book_s

Build Your Strategy Yourself This tool allows you to develop your strategies using all the indicators available natively in MetaTrader and any indicators downloaded from the internet that use buffers to display data on the screen. This tool is another reason for you to consider MetaTrader to automate your trading strategies. With it, you can create your own strategy signals in a simple and intuitive way, using any MetaTrader indicator. How Do I Know If My Internet-Downloaded Indicator Uses Buffe

Strategy description The idea is to go with trend resumption. Instruments Backtest on XAUUSD shows profitability over a long period even without any specific optimization efforts. However applying optimization makes it even better.Backtest details: Simulation Type=Every tick(Most accurate) Expert: GoldScalper Symbol: XAUUSD Period: H1 (2020.01.01 - 2023.02.28) Inputs: magic_number=1234 ob=90.0 os=24.0 risk_percent=2.64 time_frame=16385 Company: FIBO Group, Ltd. Currency: USD Initial Deposit: 100