Free Expert Advisors and Indicators for MetaTrader 5 - 56

TWAP/VWAP Indicator   - a professional technical analysis tool that displays two important moving averages on the chart: TWAP (Time Weighted Average Price)   - calculated as a simple arithmetic average of closing prices over the specified period. VWAP (Volume Weighted Average Price)   - calculated using the typical price (high+low+close)/3 weighted by trading volume. Key Features: Dual indicator in one window Adjustable calculation period Clear visualization (blue line - TWAP, red line - VWAP) E

Polar Bear MACD Divergence – Expert Advisor (EA) for MetaTrader 5 Trading Strategy:   MACD Classic & Hidden Divergence |   Best Pair:   EURUSD |   Timeframe:   1H Key Features   Smart Divergence Detection   – Identifies   Classic & Hidden Divergences   for high-probability reversals.   Flexible Risk Management   – Adjustable   Stop Loss (30 pips)   &   Take Profit (30 pips) .   Martingale (Optional)   –   Lot Multiplier (2.0x)   to recover losses (use with caution).   Works B

EMA SMA Gold Scalper   is a precision scalping indicator developed for   XAUUSD (Gold)   traders. It combines the dynamic responsiveness of the   55 EMA (High/Low)   with the broader market direction filter of the   200 SMA , delivering clean and actionable Buy/Sell signals. The indicator also includes   real-time "Live Blue Arrows" , which notify traders when an entry setup is forming—giving you a critical edge before the candle closes. This tool is optimized and recommend for   M5 scalping   a

QuantumAlert CCI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our   MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the pri

Title: QuantView MTF Sniper Dashboard Quick Overall Summary The QuantView MTF Sniper Dashboard is a professional-grade, trend-following Multi-Timeframe (MTF) trading engine designed exclusively for MetaTrader 5 Hedging accounts. Engineered for sophisticated portfolio managers, it utilizes a proprietary 6-point scoring system across a confluence of momentum and volatility indicators to calculate precise market bias. Whether you are trading Forex, Commodities like Gold (XAUUSD), or Cryptocurrenci

Correlation Matrix shows how closely up to six symbols have moved together. It helps to avoid holding several positions that are really the same bet, and to see when a usual relationship between markets breaks down. How it works - The reference bars are the last N closed bars (60 by default) of the chosen timeframe (D1 by default) on the chart symbol. - For each symbol the indicator finds the bar at the same time with iBarShift and takes its return, so symbols with different trading hours are c

Watchlist Scanner puts the key numbers of up to 20 symbols in one panel on any chart, so you can compare markets without opening a chart for each. Columns - Last: current bid. - Chg %: change since the previous daily close, green when up and aqua when down. - Spread: current spread in points. - ATR D1 (%): the daily Average True Range over the last 14 completed days, in price and as a percent of price. It shows how much each symbol typically moves in a day, on a comparable scale. - Range/ATR: t

Rock Digger Mt5 EA is is an automated trading system designed for  forex pairs , gold and also BTC it is using smart Ai advanced strategy to predict market trends by many accurate calculations it is supported by so many options in parameters also it has advantage of symbol loop you can open one chart only apply that ea and add symbols names in inputs it will switch trading between all these pairs by following strong signals

Kinetic Compression Ratio (KCR) – The Next-Generation Predictive Momentum Engine Welcome to a new era of market analysis. The Kinetic Compression Ratio (KCR) is a cutting-edge, institutional-grade momentum oscillator designed to measure the structural tension and kinetic energy of price movements. Rather than relying on basic price changes, KCR analyzes Kinetic Deviation (KD) —the raw distance between the current price and its core moving average. By running this detrended data through an advanc

The indicator draws daily support and resistance lines on the chart, as well as the Pivot level (reversal level). Adapted to work in MT5 The standard timeframe for calculating support and resistance levels is D1. You can choose other timeframes according to your strategy (for example, for M1-M15, the optimal timeframe for calculations is H1) The function for calculating support and resistance levels has been updated; in this calculation option, fibonacci levels are taken into account, respec

Description: The VPS Health Check EA is a MetaTrader 5 utility designed to monitor the connection to your broker and provide timely notifications regarding the status of the connection. This tool ensures that you are immediately informed of any connection issues, helping to maintain the stability and reliability of your trading activities. Features: Connection Check Modes: Choose between checking the connection on each new candle or at a specific time of day. Customizable Time: Set the exact hou

Dynamic Supply and Demand indicator automatically identifies and displays Supply and Demand Zones on your chart based on price action patterns and market structure.  These zones represent areas where institutional buying or selling pressure has historically occurred, making them key levels for potential price reactions. This form of indicator takes inspiration from ICT as well as traditional Support & Resistance formation. **For the first 50 candles (number depends on LookBackCandles) when indic

Two tools in one: a full-featured RSI in a subwindow plus a multi-timeframe RSI Board on the chart. • RSI with 10 colored zones (deciles 0–100) — overbought and oversold pressure is visible instantly. • HTF RSI on your LTF chart: run H4 RSI in the subwindow of an M5 chart. • Automatic divergence detection: up to 3 bullish and 3 bearish divergences with lines and labels. • RSI Board (the button): a compact table at the top-right of the chart showing live RSI values for the timeframes you pick —

"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 momen

Magic SNRZ Key - The Ultimate Trade Management Utility Magic SNRZ Key is a professional, all-in-one trade management panel designed for MetaTrader 5. It simplifies your trade execution, automates risk management, and protects your capital with advanced virtual features. Perfect for manual traders, scalpers, and those trading highly volatile markets like Gold (XAUUSD) or Crypto. By bringing all essential trading actions into one clean, responsive on-chart panel, Magic SNRZ Key saves you time and

Your TradingView alerts, executed in MetaTrader 5. Free - no DLL, no subscription. HOW SIGNALS REACH IT This EA does not generate signals. It takes alerts TradingView has already sent and turns them into orders. Point your TradingView alert at the PrecisionFX relay and this EA collects from it. Nothing to install beyond the EA itself, nothing to keep running on your PC, and the webhook address never changes. About five minutes to set up. If the relay is briefly unavailable your signals are n

The jcoworld OTE EA is an automated trading bot for MetaTrader 5 built on Smart Money Concepts (SMC) . It accurately identifies market impulse moves and automatically enters trades within the Optimal Trade Entry (OTE) zone (61.8% – 79.0% Fibonacci) as soon as a confirmation candle closes. Optimized for: XAUEUR, XAUUSD, and Major Forex Pairs Features: Automatic risk management, dynamic lot sizing & automated Stop Loss/Take Profit. Try for free: This demo version is 100% free! Pricing Plans for Fu

TRADER JET is a fully automated trading robot, also known as an Expert Advisor (EA), designed to trade exclusively on the GBPJPY currency pair. This EA is ready to use out of the box, with no need for complex parameter configuration. The only setting you need to decide on is the lot size . Core Functionality This trading robot is built with an intelligent system that identifies market trends and filters out noise. It then places trades based on the detected trend's direction. The system uses a

Vertex Trading Panel is an advanced trading panel for MetaTrader 5 , designed for traders who seek speed, precision, and professional risk management directly from the chart. With a modern, clean, and intuitive interface, this script allows you to execute buy and sell trades in seconds, calculate lot size automatically, and monitor key market data in real time. My applications: - https://www.mql5.com/es/users/danny1389/seller Mt5 Demo Version: - https://www.mql5.com/es/market/product

Smart Grid MT5 automatically recognizes any symbol, period and scale of the chart and marks it up accordingly. It is possible to mark up the chart by trading sessions. The grid consists of the two main line types. Vertical lines There are two visualization methods: Standard - the lines are divided into three types, separating: Small time period. Medium time period. Large time period. Trading Session - the lines are divided into groups (a total of ten). Each group has two lines: the first is res

My Risk Management The Risk Management Dashboard is a visual tool designed to help traders monitor risk exposure in real time. With a clear and compact layout, it provides an instant overview of trading activity, enabling more disciplined and informed decision-making. Key Features Active Symbol Summary Displays all traded symbols with the number of trades, total buy/sell lots, and current profit/loss. Per-Symbol Risk Analysis Calculates and shows the risk percentage of each symbol relative to

Strifor Auto Lot Calculator — Risk-Based Lot Calculator for MetaTrader 5 Strifor Auto Lot Calculator is a MetaTrader 5 tool that calculates the appropriate position size based on your specified risk and Stop Loss level. The tool helps traders determine position size before opening a trade, control risk exposure, and take existing positions into account when planning additional entries. This is not a trading robot or a signal generator. Strifor Auto Lot Calculator does not determine market direct

The Quarter System Market Architecture Based on the Theory of Ilian Yotov The Quarter System is not merely a technical indicator; it is a professional-grade institutional map. Designed specifically for traders following the methodology of Ilian Yotov, this tool decomposes price movement into precise mathematical units, removing the guesswork from identifying key support and resistance zones. In an environment dominated by high-frequency algorithms, "Smart Money" operates around predefined psycho

EMA Tracker – Simple EMA with Arrow Signals One Chart. One EMA. Clear Signals. EMA Tracker   gives you everything you need for single-chart EMA trading – clean visualisation, dynamic colour coding, and automatic reversal arrows. Perfect for traders who want simplicity without complexity. What It Does Main Chart: EMA line with dynamic colour (Blue = rising, Orange = falling) Buy/Sell arrows when EMA changes direction Signal Buffers (EA-Ready): Buffer 0: EMA values Buffer 1: Direction state (0 =

The TrendGate TriMA Ultimate EA is a professional trend-following trading system designed for the MetaTrader 5 platform. This Expert Advisor utilizes a triple moving average crossover strategy combined with a multi-layered filtering system to capture high-probability market movements while minimizing false signals. Advantages and Core Features Precision Crossover Logic : The EA identifies trend shifts by monitoring the intersection of a Fast MA and a Slow MA , while a third Filter MA ensures tra

MTF Trend Dashboard Pro for MT5 MTF Trend Dashboard Pro adalah indikator Multi Timeframe (MTF) profesional untuk MetaTrader 5 yang membantu trader mengetahui arah trend pada berbagai timeframe secara bersamaan dalam satu panel yang ringan, cepat, dan mudah dibaca. Indikator ini menampilkan status Bullish atau Bearish secara real-time mulai dari M1, M5, M15, M30, H1, H4, D1, W1 hingga MN , sehingga trader dapat dengan mudah melakukan analisis top-down sebelum mengambil keputusan entry. Fitur Utam

WPR+MFI Fusion with Parabolic SAR Description: The indicator combines two oscillators (Williams Percent Range and Money Flow Index) with the Parabolic SAR trend indicator in one window. WPR and MFI values are averaged, and Parabolic SAR is constructed based on the resulting line. Operation principle: Avg(WPR,MFI) line   - average value between WPR (converted to 0-100 range) and MFI Parabolic SAR points   - built on values of the Avg(WPR,MFI) line Signals: Level crossings: Line crosses 20 from b

Since I was scammed by several expensive 5-star EAs, which only resulted in losses, I'm giving away my EA for free warning ! 1. Disclaimer! Profit is not guaranteed 2. Use RAW ECN account type only. 3. You INSTALL this EA, mean you UNDERSTAND the risk This EA is calculate the high and low price  in Timeframe 4 Hour and set 1 Buy Order and 1 Sell Order. just simple like that When it hit, open position will trigger and after that if the price is on way profit the trail stop will activated. simpl

Boleta para operações Long & Short na bolsa Brasileira B3 para operações em ações, mini-indice e mini-dolar com lotes ajustaveis; Possui botões de COMPRA, VENDA e FECHAR TODAS AS OPERAÇÕES; Podem ser definidos Ganhos (TakeProfit) e perdas (StopLoss), além do controle do StopMóvel (configuravel); É possível determinar quantidade de operações por dia; Existe um painel informativo com lucro ou prejuízo diário. É possível determinar os horários de início e término das operações quando selecion

Great multi currency mt5 trading bot with high quality strategy supporting trading in any pair any time frame high winrates low drawdown also easy to use it is so rich of many advantages that will make you relax and trade well you can use with any balance any equity using smart Ai strategy and have many options in tp and sl and trading timing and also you can control DD and tp and sl you can hide them and so many advantages

The Kijun-sen , also known as the Base Line , is arguably the most critical component of the Ichimoku Kinko Hyo system. While many traders focus on the "Cloud," professional traders know that the Kijun-sen is the true heartbeat of market momentum and trend direction. This indicator calculates the midpoint of the highest high and the lowest low over the last 26 periods , providing a stable, medium-term view of the market’s equilibrium.

Introduction Poppsir is a trend-range indicator for metatrader 5 (for now), which distinguishes sideways phases from trend phases. With this tool it is possible to design a trend following-, meanreversion-, as well as a breakout strategy. This indicator does not repaint! The signal of the Poppsir indicator is quite easy to determine. As soon as the RSI and Popsir change their respective color to gray, a breakout takes place or in other words, the sideways phase has ended. Interpretation

Break Tracer Indicator is a non-repainting trend system for MetaTrader 5. It combines three independent trend tools into a single visual indicator: a fast EMA pair (default 26 / 50), a 200-period trend MA (EMA or SMA, with optional higher-timeframe anchor), and an ATR-based channel that filters out range conditions. A directional signal fires only when all three components agree -- the bar must close outside the channel, on the correct side relative to the trend MA, with the EMA pair aligned. Th

Average True Range (ATR) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is ATR? The Average True Range (ATR), developed by J. Welles Wilder, is a technical indicator that measures market volatility. It calculates the average of the True Range over a specified period. The True Range is the gr

Smart Trend Breakout EMA EA MT5 is a professional Expert Advisor for MetaTrader 5 designed to trade trend continuation and breakout opportunities using a multi-EMA confirmation system combined with pivot breakout detection. The EA automatically analyzes market structure, confirms trend direction, and executes trades after candle close while applying advanced risk management and intelligent trade management. like simple moving average crossover systems,  EMA EA combines EMA trend filtering, p

The Simple Background MT5 indicator was created to provide traders with the ease of customizing their MetaTrader interface with a preferred background/wallpaper image. It's very straightforward. Let's get straight to the point: 1. Install the indicator; 2. Choose your preferred image in formats such as jpg, png, etc. Open the image in Paint and save it as a .bmp file; 3. After saving the image as a .bmp file, place it in the images folder (following this path in the MQL5 terminal: \Images);

NQ Keltner Pulse M15 Strategy is a fully automated MetaTrader 5 strategy designed to capture confirmed momentum breakouts on Nasdaq / NQ using Keltner Channel market structure, ATR-adjusted pending STOP execution, volatility-based risk management, and disciplined time-based exits. The strategy is designed for the Nasdaq / NQ market on the M15 timeframe. Its goal is to participate only when price confirms directional pressure outside its normal Keltner Channel structure. Instead of entering imm

Ultra Charts - Advanced Custom Chart Types for MT5 Get Manual Here! Get The Free Ultra Charts Trader Here! Ultra Charts is a comprehensive charting solution that brings professional-grade alternative chart types to MetaTrader 5. This Expert Advisor provides traders with multiple custom chart formats beyond standard time-based candlesticks, enabling enhanced technical analysis and pattern recognition. Chart Types Included The product includes six distinct chart types, each designed to filter mark

XAU Turn of Month D1 Expert Advisor for MetaTrader 5 — Gold / XAUUSD focus Version: 1.00 What it is XAU Turn of Month D1 is an Expert Advisor for gold on the D1 chart. It focuses on structured participation around the turn-of-month calendar rhythm — a low-frequency calendar-window style, not a high-churn scalper. Built for structured automated participation — not grid , not martingale . Evaluate on demo with your broker's spreads and your own risk profile. This product is a technical calendar s

The WaveTrend Oscillator indicator is an enhanced version of the classic WaveTrend Oscillator, a momentum indicator. It is designed to identify overbought/oversold conditions and provide potential trend reversal signals. The core difference in this version is the application of a data "normalization" algorithm. This ensures the indicator's oscillation lines remain balanced around the zero line, causing the indicator window to always stay naturally centered. This is especially useful when trading

AutoRiskManage v2.3 — Documentation Expert Advisor — MetaTrader 4 & 5 AutoRisk Manage v2.3 Automated risk management EA with interactive graphical panel. Applies SL/TP, Break Even, Trailing Stop, and lot size calculation by risk percentage — for any instrument, any broker. MT4 / MT5 v2.3.0 MQL4 · MQL5 C2C + B2C Time Space Technology Overview AutoRiskManage is an Expert Advisor that acts as a risk management layer on top of any manually opened position. It does not generate trading signals — i

The MT5 K-Line Countdown Indicator is a professional and lightweight utility for MetaTrader 5. It displays the remaining time before the current candlestick closes, helping traders accurately manage entries, exits, and price action strategies. There are even better indicators—get them here. https://www.mql5.com/en/users/aa996a/seller Features: Accurate Real-Time Countdown Powered by both OnCalculate() and 1-second OnTimer() technology, the countdown continues smoothly even during low-volatility

The Flower Indicator is a technical analysis tool primarily used to identify trends and assist with scalping or intraday trading strategies. The Flower Indicator is a signal trend indicator based on technical and price dynamics analysis. It visually signals trends using colored flowers—blue flowers indicate an uptrend , while red flowers indicate a downtrend Each levels can act like support & resistance ( watch for +/- 200 levels & the dots when appear on the chart ) You can set the dots to appe

Adaptive Gold Breakout EA is an automated trading system for XAUUSD on MetaTrader 5, designed to trade breakout opportunities only when supported by strong trend and momentum conditions. Strategy Overview The EA uses a Donchian Channel breakout approach combined with multi-timeframe confirmation to filter low-quality setups and reduce trading during sideways markets. Entry Conditions Trades are executed only when all conditions are met: Breakout confirmed on M15 candle close Trend directi

Static Text display is a lightweight and user-friendly Expert Advisor (EA) for MetaTrader 5, designed to inspire and educate traders by displaying motivational trading tips directly on your chart. With a sleek, centered black background and white text in a monospaced font, this EA delivers concise, actionable advice in rotating chunks to keep you focused on disciplined trading. Perfect for beginners and seasoned traders alike, it promotes key principles like risk management, patience, and strate

This MQL5 indicator draws four Exponential Moving Averages (EMAs) — 21, 50, 100, and 200 — directly on the chart window. The EMA 21 is displayed as a color-changing line , while EMA 50, 100, and 200 are standard single-color lines. The color of EMA 21 changes dynamically based on price position. When the closing price is above EMA 21 , the line turns blue , indicating bullish pressure. When the closing price is below EMA 21 , the line turns yellow , indicating bearish pressure. If the price equa

This is our version of the Bull Market Support Band indicator. This indicator contains two moving averages: one simple and one exponential. Together, they represent a support band that can be used in both bull and bear markets. Although originally designed for the weekly chart, it can be used on any timeframe. Our version adds a candle coloring rule: green for closes above the band and red for closes below. The default value is 20 for the Simple Moving Average (SMA) and 21 for the Exponentia

The utility places a grid of pending orders . You can select the number of orders in the grid, the step between orders, multiplier for the order size, SL and TP levels, magic number etc. If you use a profit bucket , please note that it applies to all orders on the current currency pair with the current magic. If you want to use several grids with independent profit buckets at the same time, run several copies of the utility and specify different magics in the settings. MT4 version of the utility

MA3 Trend MT5  - is the good trend indicator on three MAs .   Benefits of the indicator: The indicator produces signals with high accuracy. The confirmed signal of the indicator does not disappear and is not redrawn. You can trade on the MetaTrader 5 trading platform of any broker. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices etc.). You can trade on any timeframes (M5-M15 scalping and day trading / M30-H1 medium-term trading / H4-D1 long-term trading). Indi

Strategy Matrix Builder MT5 is a highly customizable Expert Advisor created for traders who want to build, test, and automate their own trading strategies without programming. Instead of forcing traders to use one fixed strategy, this EA provides a flexible modular system where users can combine multiple indicators, timeframes, entry conditions, filters, risk-management methods, and trade-management tools. The EA includes popular indicators such as Moving Averages, RSI, MACD, ADX, Stochastic, Bo

Secura Quantum - Professional Trading Assistant Limited promotional Offer!!! Trade smarter with Secura Quantum, a professional trading system designed to help you make more informed decisions. This EA combines classic trading strategies with intelligent filters to help improve your trading precision. Key Features: AI-Assisted Filtering   - Optional AI system helps validate trading signals Risk Management   - Built-in stop-loss, take-profit, and trailing stop protection Smart Filters   - Time-b

Mix It All, Lethal is a complete trading solution designed to adapt to different market conditions. Unlike conventional EAs, this system combines Trend Following , Reversal (High/Low) , and Breakout strategies into a single intelligent algorithm. It includes an advanced visual panel to monitor performance in real-time. The system features advanced management and recovery mechanisms, including a configurable Grid and Smart Martingale option to manage drawdown. Additionally, it incorporates a Time

Trailing Activation EA Trailing Activation EA is a utility Expert Advisor for the MetaTrader 5 platform that executes trades when price moves through a defined activation level and then reverses by a specified distance. The EA monitors price movement, records the extreme reached after the activation level is crossed, and opens a trade only when the market pulls back by the configured limit distance. The program can operate in two entry modes. In local mode the activation levels and parameters ar

AutoChannel Angular Dibuje automáticamente canales de tendencia dinámicos utilizando regresión lineal AutoChannel Angular es un indicador para MetaTrader 5 que genera automáticamente canales de tendencia mediante un algoritmo basado en regresión lineal . Analiza el comportamiento del precio dentro de un período configurable y proyecta un canal compuesto por una línea superior, una línea media y una línea inferior, proporcionando una referencia objetiva sobre la dirección predominante del mercado

Instructions for the Dynamic_DOM_Labels indicator Dynamic_DOM_Labels is a professional analytical tool for the MetaTrader 5 terminal, designed to analyze the Order Flow in real time. The indicator connects directly to the broker's Depth of Market /DOM, finds large limit orders from buyers (Buy Limit) and sellers (Sell Limit) and projects them onto the work schedule. The tool is designed specifically for liquid markets such as Gold (XAUUSD) and major currency pairs (for example, GBPUSD), where la

HTF Open Markers + ICT Silver Bullet Zones — Usage & Strategy Guide What it draws Session 1 / Session 2 lines : vertical lines at the open of every bar on two independently configurable higher timeframes (defaults: H4 and D1), including a projected line for the rest of today's not-yet-opened bars on sub-daily timeframes, so you can see where the next candle will open before it happens. ICT Silver Bullet zones : shaded rectangles over the three classic ICT kill-zone windows, converted from New Yo

USDJPY Keltner Range M15 Strategy is a fully automated MetaTrader 5 strategy designed to capture structured breakout opportunities on USDJPY using daily directional confirmation, Keltner Channel reference levels, volatility-buffered pending STOP entries and simple fixed-risk management. The strategy is designed for USDJPY on the M15 timeframe. Its goal is to participate when the market shows directional intent through daily high or daily low behavior, while using Keltner Channel structure and

PnL Monitor for MT5 Monitor your open trade profit and loss directly on the chart. PnL Monitor is a lightweight utility for MetaTrader 5 that displays the real-time profit or loss of all open positions for the current symbol in a clean floating panel. Designed for traders who manage multiple charts and want instant visual feedback without opening the Terminal window. Key Features • Displays total profit/loss for the current symbol. • Updates automatically in real time. • Profit values are color-

Master Waves for MetaTrader 5 Description Master Waves is a technical indicator developed for MetaTrader 5 that organizes volume into price movement waves. The indicator analyzes the direction of each candle and accumulates volume while the movement remains in the same direction. When the direction changes, a new wave begins. The waves are displayed as a histogram in a separate indicator window. Waves associated with upward and downward price movements are shown with different colors for clear v

CALCULATE YOUR LOTSIZE RIGHT HERE ON METATRADER!!! Hello, traders. Are you are a risk management-oriented trader? If Yes, then this is for you. My name is Ibrahim, I have developed a tool that can help you calculate your lotsize based on your risk percentage relative to your account balance. This tool can also help you to calculate your lotsize if you have an absolute value you wish to risk instead of specifying your risk in %. For example, you can specify that you wish to risk $100 from your

**Exit Manager — trail and close your trades by rule** Exit Manager takes over the exits on trades you already have open. You open positions however you like — by hand, from a signal, or from another EA — and this one manages them out with three rules you can mix: a peak-based Trailing Take-Profit, a Time-in-Trade close, and an ATR-trailing stop. It never opens a position. It only trails and closes the ones on the current symbol (all of them, or just one magic number), so it slots cleanly on

Opening Range Indicator   Idea Toby Crabel introduced this way of trading in the ealy ninties in his book "Day Trading with Short Term Price Patterns and Opening Range Breakout". In simple terms this means to trade the brekouts from the limits of the first trading hour with the stop loss at the opposite side. I.e. if the first hourly candle meausres 40 points (Crabel calls this the "stretch") you set the stop loss at breakout level minus 40 points and the take profit at the breakout level plus 4

Bollinger bands out/in strategy A strategy created by Joe Ross, and very useful for finding trades when the market is overloaded. Indicator You don't need to find where there are entries on the chart, this indicator shows them for you. The entrance The trade is confirmed when the price closes outside the bollinger bands on a candle and the candle after the price closes inside the bands. comment I want to improve this indicator, so you can help me sending me your reviews and comments, thanks :).

MACD Advanced with Colored is an enhanced MACD indicator for MetaTrader 5 with a four-color system that makes trend and momentum easy to read at a glance. Features Four-color histogram: strong bullish, weak bullish, weak bearish and strong bearish, so momentum and its trend are clear instantly. Standard MACD engine: keeps the familiar MACD/Signal calculation, just clearer to read. Quick momentum context: the color distinguishes accelerating from fading moves, which a plain MACD does not. Works o

ATR_Dashboard indicator: description and principle of operation ATR_Dashboard is an auxiliary tool for MetaTrader 5 that visualizes the current state of volatility for a trading instrument based on the Average True Range (ATR) indicator. It does not generate direct signals to enter a position, but helps the trader assess how much the price has already gone over the current day relative to the average move (ATR), and see benchmarks where this average move may end. How the indicator works: step-b

Pattern Scanner & Candle Timer MT5 Pattern Scanner & Candle Timer is a all-in-one visual utility designed to help traders instantly identify key Price Action candlestick patterns. It also features a real-time candle close countdown and a live pip movement tracker directly on your chart. Stop scanning manually—this tool automatically detects the most crucial core patterns and assigns an instant Grade Rating (A, B, C) to gauge their reliability. Update & Key Features: Real-Time Live Candle Dete

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

I'm sure after a lot of research on the internet, you haven't found any indicator that can help you with forex or binary trading in the latest probability strategy created by famous trader Ronald Cutrim. The strategy is based on a simple count of green and red candles, checking for a numerical imbalance between them over a certain period of time on an investment market chart. If this imbalance is confirmed and is equal to or greater than 16%, according to trader Ronald Cutrim, creator of the pro

The given MQL5 code is for an Expert Advisor (EA) that implements a trading strategy using the Alligator indicator and the Standard Deviation indicator. Here's a breakdown of the code: The code defines various input parameters for the EA, including entry lots, stop loss, take profit, indicator parameters, and expert settings. The OnInit() function initializes the EA by setting some variables and validating the initialization. The OnTick() function is called on each tick of the price data and c

The Multi-Timeframe VWAP is a high-precision tool designed to reveal institutional "fair value" across multiple horizons simultaneously. Unlike standard indicators, it integrates volume and price data from Daily, Weekly, and Monthly periods onto a single chart. This allows traders to identify high-confluence zones where major market players are positioned. By visualizing where macro trends intersect with intraday action, it eliminates guesswork, highlighting professional support and resistance l