Free Expert Advisors and Indicators for MetaTrader 5 - 49

This Oscillator describes the drift of an asset, as part of the geometric Brownian Motion (GBM). As a data basis the mean reverting log returns of the asset price is considered. It gives the percentile of drift directional. For instance, a value of 0.05 means a drift of 5%, based on the selected sample size. If the value is positive, drift to higher asset values is determined.  This indicator should be used in confluence with other indicators based on volatility, probability and statistics. L

TradeFlow Dashboard MT5 represents a paradigm shift in trade management, offering a robust and versatile solution tailored to elevate your risk management strategies and streamline decision-making within the Meta Trader 5 platform. With its sleek and user-friendly interface, this tool transcends the conventional trading experience, especially catering to manual traders looking to amplify their performance. Let's delve into the key highlights of TradeFlow Dashboard MT5, exploring how each fea

1. Торговая стратегия Что делает советник: Советник следит за некотоными индикаторами и при определенном условии (или условиях) помещать торговый запрос (на продажу или покупку) в зависимости от условий. Стратегия: Используем индикатор Moving Average (скользящие средние) с периодом 8 (вы можете выбрать любой период, но в данной стратегии мы будем использовать период 8). Советник покупает, если 8-периодная скользящая средняя (далее для удобства будем называть ее MA-8) возрастает и текущая цена з

This EA performs with a Hedging strategy by which Buy and Sell signals are from the MACD indicator.... The lot sizes in the input are Custome for you to adjust as you pleased, so you are able to improve your hedging style. Inputs. Close Money-   this option is basically the take profit in ($), for example if you set the close money at $20 the   EA  will automatically close all trades when your overall profit is $20. Nearby Hedge Pips-   this basically determine the   distance of pips  between yo

Recommended broker to use the indicator: https://tinyurl.com/5ftaha7c   Indicator developed by Diogo Sawitzki Cansi to show possible trade points. Do not repaint. The results displayed in the past are exactly what happened. We also use it to hold trades longer and not get out on false reversal signals which are actually just a profit taking of trades and no one is trying to reverse the direction of the trend. Indicator Parameters: PERIOD:   Period for analyzing the buying or selling force to fin

It so happened that it is no longer necessary to write about the principles of operation of indicators of this type. The presented indicator redraws the trend direction until it changes to the opposite. whether this is right or not is up to you to judge. It works well together with SM trend Cloud, which is implemented in the SMak ZigZag EA  and Pyramid EA  Expert Advisor code. When these two indicators work together, it is possible to determine the further trend movement with a high degree of pr

An Fast Bucks MT5 Expert Advisor combines the power of indicators and moving averages to create a robust trading strategy within the MetaTrader 5 platform. This expert advisor utilizes the Moving Average indicator in conjunction with a custom indicator (let's call it "CustomIndicator Expert Advisor") for enhanced decision-making in trading. The Moving Average indicator serves as a foundational tool, offering insights into the market trend and potential entry/exit points based on the moving av

Indicator-forecaster. Very useful as an assistant, acts as a key point to forecast the future price movement. The forecast is made using the method of searching the most similar part in the history (pattern). The indicator is drawn as a line that shows the result of change of the close price of bars. The depth of history, the number of bars in the forecast, the patter size and the quality of search can be adjusted via the indicator settings. Settings: PATTERN_Accuracy_ - quality of the search.

A cross between the candlestick and the moving average line. MA Line is Expert Advisor which is very simple by working as below: Buy Condition 1. Perivious open candle bellow MA Line 2. Previous close candle above MA Line Sell Condition 1. Perivious open candle above MA Line 2. Previous close candle below MA Line EA Parameter - Time Filter - Lot - MA Period - MA Method - Stop Loss - Take Profit - Trailing Start - Trailing Step - Trailing Stop - Magic Number

Trend Envelopes indicator is calculated based on a % of price change. That % is then used to determine if there is a new trend or trend remains the same. This version is using Standard Deviation for the price change calculation instead and is adding prices smoothing prior to be used in calculations. The smoothing can be done using one of the 4 average types: *   Simple Moving Average *   Exponential Moving Average *   Smoothed Moving Average *   Linear Weighted Moving Average Als

This indicator is based on the Bollinger Bands indicator. It helps the user identifying whether to buy or sell. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5. Blue arrow up = Buy. Red arrow down = Sell. Line = Trailing Stop. You can use one of my Trailing Stop products that automatically move the Stop Loss and

Working with pending orders Buy Stop and Sell Stop. A channel of two indicators iMA (Moving Average, MA). Input parameters Take Profit   - Take Profit; Trailing Stop   - trailing; Trailing Step   - trailing step; Lots   - lot size is set manually (a NECESSARY CONDITION:   Risk   must be equal to zero!); Risk   - lot size is calculated automatically, in risk percents per trade (a NECESSARY CONDITION: "Lots" must be equal to zero!); Difference   - offsets from the channel borders; Expert Every T

Basing Candles indicator is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range. A basing candle or basing candlestick is a trading indicator whose body length is less than half of its range between the highs and lows. That's less than 50% of its range. The indicator highlights the basing candles using custom candles directly in the main chart of the platform. The percentage criterion can be

ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim

Name:   Trailing Stop EA Version:   1.1 Author:   D. Petru Description: This Expert Advisor (EA) for MetaTrader 5 implements a trailing stop functionality. The EA monitors all open positions and, if the price moves in favor of the position by more than the set   TrailingStop   value, then the EA will move the stop loss to a distance of   TrailingStop   from the current price. Key Features: Trailing Stop : The user can set the trailing stop distance in points. When the price moves in favor of the

The 2indtompson indicator is an indicator for comparing two instruments for determining volumes, for balancing in pair trading or arbitrage trading, prepared from an analog version for the MT4 terminal. So if you need to compare how much two instruments will weigh and you don't know how to do it, then put an indicator on the chart and it will automatically calculate the volumes needed for balancing. Additionally, the indicator shows the state of the instruments relative to each other - Divergenc

Add a watermark in the background of your charts, containing the Stock Symbol followed by the current Timeframe, and the Symbol Description below it. Have you ever seen videos or screenshots of other platforms, boasting those great looking watermarks, and wondered why your MetaTrader5 doesn't have one? Well, I did... so I tried the very few options available in the Market at the time, but I still wanted to tweak everything exactly to my taste. So I developed my own solution, and now I am proud

SHADOW vous donne des signaux d'achat et de vente solides avec un risque minimal. Vous pouvez voir dans quelle direction le prix évolue et la force du mouvement. Shadow filtre le bruit du marché et améliore radicalement les performances des traders.  Points forts: Détection visuelle efficace des tendances.  Bruit du marché des filtres Ne repeint ni ne recalcule jamais.  Signaux strictement sur "fermeture du bar". Fonctionne dans tous les symboles. Pop-up intégré, e-mail, notification push e

A unique professional tool is a divergence/convergence indicator between  MACD   and price, which allows you to receive a signal about a trend reversal in a timely manner or catch price pullback movements (depending on the settings). It is indispensable for those who trade divergences manually or with an Expert Advisor. The indicator settings allow you to adjust the strength of the divergence/convergence due to the angle of the  MACD   peaks and the percentage change in price, which makes it po

The ShowSessions indicator for MT5 shows up to two, self-selected, time intervals, for a free choosen number of days past and a few future days. Weekends are marked with an additional red vertical line. The indicator makes manuel backtesting of strategies more easily, but you can use ist for daily trading as well. Please note that the server time does not always correspond to the actual time.

Exaado Capital care If you've been searching for ways to manage Drawdown control, Drawdown Control, Balance protection, or Daily Drawdown Limit related to trading with Prop Firms, FTMO, My Forex Fund, or Funded accounts, then you've come to the right place. Additionally, if you're looking to safeguard your trading account, we can help. Do you struggle with managing your drawdown while trading funded accounts? Our EA is designed specifically for those in your position. Many prop firms have a "Tra

Description by chatGPT: In the dance of flames, a candle transforms, From the close of old, a new light is born. A derivative of candles, changing forms, Unveiling secrets in the flickering morn. Like indicators, patterns do precede, On charts of price, where future paths are sown. The candle's dance, a signal to take heed, Foretelling tales in fiery lines shown. I trust the candlemakers to discern, Using indicators as their guiding light. In every flame, a lesson to be learned,

An easy indicator that simply shows the moment we connect to the market. We can easily see what has happened while we were gone because the line has two different colors that show the start time. It is only that, a visualization aid that allow us to mark the market behavior while it was night time in our country, or if we have stopped several hours. Input: Server start working date: Day of month Month Year Hour Minutes

US 30 BOT This is a simple quantitative model that trades   US30 Index from NASDAQ top 30 American stocks   It uses volatility contraction and expansion as a basic theory. Place it on US30 chart ,any timeframe.  Hedging accounts are advised. NB: Standard accounts are preferred and well regulated brokers eg ICMarkets are advised to avoid unnecessary losses eg slippage ones, commissions  and  large spreads. Minimum account balance ADVISED : USD 100 set activate to true in inputs section NB: These

This tool will allow you to export the Historical data (Open, High, Low, Close, Volume) for any financial instrument present in your MetaTrader 5. You can download multiple Symbols and TimeFrames in the same csv file. Also, you can schedule the frequency of download (every 5 minutes, 60 minutes, etc.). No need to open a lot of charts in order to get the last data, the tool will download the data directly. The CSV File will be stored in the folder: \MQL5\Files . How it works Select the Symbols

Please check the " What's new " tab regularly for a complete and up-to-date list of all improvements + parameters. FREE indicator for my trading utility Take a Break . This indicator allows you to manage multiple other EAs with just one Take a Break EA instance. Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go.  Setup example (Indicator + EA) You want Take a Break to manage 3 other EAs: EA1 on EURUSD, EA2 on EURGBP, EA3 on G

For traders, monitoring price movements is a constant activity, because each price movement determines the action that must be taken next. This simple indicator will helps traders to display prices more clearly in a larger size. Users can set the font size and choose the color that will be displayed on the chart. There are three color options that can be selected to be displayed on the chart.

Introducing the BigBen Breakout EA! Based on the proven time range breakout strategy, the BigBen Breakout EA simplifies the trading process by identifying lucrative opportunities within specific time intervals. By establishing a range between the maximum and minimum points during a determined period, this expert advisor springs into action at the precise moment of breakout, providing competitive advantages for your investments. The BigBen Breakout EA does not resort to risky techniqu

NOW FREE!! Introducing RichRush EA, This expert advisor, armed with cutting-edge trading strategies, can assist on your path to navigating the forex market. Optimized specifically for EURUSD, RichRush EA operates on moving averages, and calculated lot sizes to manage risks. The EA interprets market movements, adjusts to volatility, and aims to identify entry points. As part of our commitment to providing top-tier trading tools, we invite you to explore our range of premium products designed t

This system is a semi- automatic trend following system that operates during the days of highest probable market volatility aiming to capitalize on major retracements and reversals that occur midweek. It can operate on full autopilot, act as just a signal generator, or any customized user preference based on the needs of the user and the functionality of the program. It is capable of risk management with an inbuilt lot size calculator with adjustable risk pecentage to suit the user's unique apet