Free Technical Indicators for MetaTrader 5 - 11

Kindly rate and comment about the product for upgradation & Support The 5 EMA is plotted in green color ( Lime ). The 14 EMA is plotted in red color ( Red ). The 20 EMA is plotted in blue color ( Blue ). The 200 EMA is plotted in yellow color ( Yellow ). The Quarter EMA that provided calculates and plots four Exponential Moving Averages (EMAs) on the chart using different periods: 5, 14, 20, and 200. Each EMA is represented by a different color on the chart. Here's a description of each

This is a general purpose indicator that displays colored lines at fixed and customizable price intervals, entered as parameters. It offers universal, constant, and familiar price ranges that allow quick and precise price analysis of a currency pair. With default parameters, this indicator implements The Quarters Theory , as described originally by Ilian Yotov .  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use No optimization needed Customizable price int

The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi

Amiguinho's Bar Counter is a price action indicator to display the bar count (candles) with some interesting options. About the "Period of analysis" parameter: if the current timeframe is in minutes, then the analysis period will be considered in days; if the current timeframe is in days, then the analysis period will be considered in months; or  if the period of analysis will be considered in years.

The Martinware Volume indicator plots a colored moving average over volume bars. The coloring uses three colors and can be done in different ways choosable by the user and is applied both to the average as to the volume bars. Three types of coloring are possible: None: no coloring is done Increasing or decreasing: changes the color depending on the current value being bigger or lesser than the previous one Volume relative to average: colors vary if the current volume is bigger or lesser then

ATR Moving Average draws a moving average of the standard Average True Range( ATR ) in the same window. Settings Name Description ATR period Set Price per iod for ATR calculation ATR level Set ATR value for thresholding( only whole number, ignore leading zeros e.g. 0.00089 = 89 ) MA Period Set moving Average Period MA Method Set moving average method( Simple, Exponential, Smoothed and Linear Weighted ) MA Shift Set moving average shift Enable Alerts ? Generate Alert when ATR crosses

This panel displays the price percentage change  Shows the percentage change in price from the last open: Daily, Weekly and Monthly timeframes. Numbers are easier to use than histogram currency meters. Line up the three timeframes strengths/weaknesses for strong trends. Compare currencies strongest against weakest. USD is the world's reserve currency to compare against. How to use 1. Match the strongest currency with weakest currency; or 2. Match the strongest or weakest currency against US

Welcome to the Provlepsis Indicator "Provlepsis" is a highly advanced indicator designed for the MQL Market. By analyzing previous bars with the same time of the day, it accurately calculates the potential range of market movement, providing valuable insights into future price fluctuations. Unlike the traditional ATR indicator, "Provlepsis" takes into account the time factor, resulting in a more powerful tool that adapts to different market conditions. During nighttime, the indicator pr

This indicator allows us to identify unusual volatility conditions. If the ATR line is below the middle bollinger line, volatility is assumed to be below average. If the ATR line is above the middle bollinger line, volatility is assumed to be above average. If the ATR line breaks the upper bollinger band, volatility is assumed to be high. If the ATR line breaks the lower bollinger band, volatility is assumed to be low.

The indicator measures the frequency of incoming ticks to analyze the market activity. Bullish and bearish ticks are analyzed separately, informing about the currently predominant market sentiment. According to observations, an increase in the frequency of ticks (panic) indicates the beginning of strong price changes, and an increase in the frequency of ticks in a particular direction not only accompanies a price change in this direction, but also often anticipates it. The indicator is indispens

This indicator is a very simple indicator that draws candlesticks on a chart. However, it is possible to draw not only on the main chart but also on several sub-charts. In addition,it is possible to draw different symbols and timeframes from the main chart. features. 1. any symbols 2. any timeframes 3. two candle type(normal and heikin ashi) 4. many candle colors(intersection with ma_1) 5. pivot line (ver1.2) In case of positive candle,    FULL     : change color if low is over ma_1    PARTIAL :

This indicator shows the strength of each currency compared to the US dollar by calculating the rate of change in price over a specified time period. When you open the indicator, you'll see a list of different currencies on the price chart. Each currency will have a numerical value indicating its strength level compared to the US dollar, where: If the value is higher than the US dollar, it will be displayed in green, meaning that currency is stronger than the dollar. If the value is lower than t

Moving Average 4 TimeFrames Display 4 moving averages of 4 different timeframes on the same chart. In order not to pollute the chart, the indicator will plot the complete average only in the current timeframe of one of the 4 registered averages, for the other timeframes of registered averages the indicator only displays a part of the average so that you know where it is at that time graphic. Example: Display on the 5-minute chart where the 200-period arithmetic moving average of the 5 min

The indicator High Trend Lite monitors 5 symbols in up to 3 timeframes simultaneously and calculates the strength of their signals. The indicator notifies you when a signal is the same in different timeframes. The indicator can do this from just one chart. Therefore, High Trend Lite is a multicurrency and multitimeframe indicator. With the High Trend Pro , available at this link , you will have an unlimited number of symbols, 4 timeframes, a colourful chart of the primary MACD indicator, several

The indicator is based on Robert Miner's methodology described in his book "High probability trading strategies" and displays signals along with momentum of 2 timeframes. A Stochastic oscillator is used as a momentum indicator. The settings speak for themselves period_1 is the current timeframe, 'current' period_2 is indicated - the senior timeframe is 4 or 5 times larger than the current one. For example, if the current one is 5 minutes, then the older one will be 20 minutes The rest of the

The SuperTrend indicator is great for trend trading, determining price levels and patterns, and allows you to find the trend reversal point in a timely manner. This indicator is an analog of the Tradingview platform indicator of the Pine Script language. It can be used both as the main tool in the strategy, and together with other indicators. Input parameters: input int       AtrPeriod = 10 ; input double    Factor    = 3.0 ;

Volume Projection Indicator The Volume Projection Indicator is a specialized tool designed for traders who focus on the relationship between volume and price action. This intuitive indicator projects the expected volume for the ongoing candle, aiding in decision-making during live market conditions. The indicator presents volume data in a histogram format directly on the chart for quick analysis. Features: Bullish Volume Representation : Each green bar in the histogram signifies the volume for a

Daily pivot are relatively important in trading. This indicator have options to select 5 commonly use pivot point calculations. User input Choose Pivot Point Calculation (Method Classic, Method Camarilla, Method TomDeMark, Method Fibonacci or Method Woodies.) Choose Applied Timeframe for the calculation (M5, M15, H1, H4, D1, W1 etc) Can be attached to any timeframe Choose color of Pivot point Note: For MT4, please refer here :  https://www.mql5.com/en/market/product/22280

Ever wanted to use StochRSI on MetaTrader5 Terminal which you see and use on TradingView? Now you can use same StochRSI indicator in your MetaTrader5 and enjoy more time in Trading.. You can change StochRSI settings if you want to change and it will be ready to use for you... Now you will not go anywhere to use only indicator there... Open charts , load Indicator this Indicator and you are ready to do analysis in MetaTrader5 and Put Trades when you feel okay with your analysis.

Este indicador imprime 2 médias com distância de 1 ATR (Average True Range) da média principal. As demais médias móveis só são mostradas se estiverem fora desse intervalo. Parâmetros: mediaprincipal = Média que será criado o intervalo, não será mostrada. mediasec1, mediasec2, mediasec3 = médias secundárias. periodatr: periodos do ATR Este indicador faz parte do Trade System MarketStrengthRadar

Whether you are a scalper or daily trader, you will always look for bullish / bearish engulfing candles. This can be a bit tricky and stressful when you try to visually identify the engulfing candles on the chart. Not only that, you might be trading on the M15 time frame but the engulfing candle is forming or has already formed in the H4 time frame. This indicator is made to do that on your behalf. You can trade on any time frame and see Engulfing candles of another time frame, this means that

This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. This FREE Version is restricted to EURUSD and GBPUSD. The full version without restrictions is here:  https://www.mql5.com/en/market/product/42758 Par

If you like this project, leave a 5 star review. Follow on instagram: borelatech As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. This oscillator will show you the percentage variation for the: Day. Week. Month. Quarter. Year. In a subwindow where you trace yo

Trend Fibonacci is a unique indicator that combines a power of Fibonacci sequences and ranges. Channel Group:   Click Here How to read: - There are three zones --> red, gold and green - Red candlestick = downtrend - Green candlestick = uptrend   - Gold candlestick = no established trend Inputs: Per = number of bars used for calculations FirstRatio = first Fibonacci ratio (Or use any ratio you want) SecondRatio = second Fibonacci ratio (Or use any ratio you want) !! IF YOU PURCHASE TH

Menora (All In One) Indicator. This is the advanced and premium indicator for the Magic Trend, a free indicator.  It has 3 output signals driven by different market conditions. This indicator has a double function of working as an indicator and utility at the same time. Specifications  1]  3 output signals a) Slow Moving Average with color change - The MA has a non-repaint color change, which makes it perfect for entry signals. b) Fast Moving Average (the original Magic Trend line) - Give

Are you a  trend surfer like us? Do you use Moving Averages too? Ever wanted the are between them to be painted? Yeah, we solved this problem with the Filled MAs indicator! It is very simple, just puts two fully customizable Moving Averages on chart and fill the space between them, changing the color as they intersect. Thanks to gmbraz for the version 1.1 idea. Any questions os suggestions please contact me! Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a

这是一个组合指标分析趋势、支撑阻力、买卖点。运用了均线MA、布林带、KDJ、CCI、RSI。 主图上下线是布林带上下线，采用的是20周期和2.3标准差可以用来支撑阻力。 中间的是分析趋势的均线，趋势分析是用均线多周期: 为涨趋势，反之为下跌趋势。在同一种颜色，基本说明趋势没有发生变化。 子图是由   KDJ、CCI、RSI三个指标组成，大于70超买，小于30超卖, 智能提示是运用了算法，主要计算布林带，   KDJ、CCI、RSI指标 有三个或四个指标超出市场常态就会发出提示行情可能反转。 子图指标运用了很多数据，刚刚开始加载会有点慢，耐心等待就可以 这个指标是子图指标，还要再下我发布的MMB分析，这样就刚刚好组成一套分析 电脑分辨率的文本大小请设置100%，不然字体会不一样

El indicador técnico conocido como   Líneas de Tendencia Perfecta . Este indicador es una herramienta valiosa en el análisis técnico y se utiliza para mejorar la toma de decisiones en el trading. Aquí tienes una descripción paso a paso de cómo funciona y cómo puede ser utilizado por los traders: Identificación de Tendencias : Las líneas de tendencia perfecta se dibujan conectando dos o más puntos de precio en un gráfico, revelando así la dirección general del mercado. Una línea ascendente indica

About. This indicator is the combination of 3 Exponential Moving averages, 3,13 and 144. it features Taking trades in the direction of trend, and also helps the trade to spot early trend change through Small moving averages crossing Big Moving averages Product features 1. Have built in Notification system to be set as the user desires (Alerts, Popup notification and Push Notification to Mobile devices) so with notification on, you do not need to be at home, or glued to the computer, only set and

This is the demo version of "All Harmonics 26" indicator . "All Harmonics 26" searches for 26 types of harmonic patterns and outputs them in a convenient way. You can check out the documentation here . This demo version has the following limitations: The indicator searches only for one type of harmonic patterns out of 26:- Gartley. The indicator outputs new patterns with a lag of 10 bars.

Santa Bollinger Indicator  is an efficient way to detect price retracement in any market. A common approach is to identify overbought or oversold market conditions. When the price of the asset breaks below the lower band of the Bollinger Bands, prices have perhaps fallen too much and are due to bounce. On the other hand, when price breaks above the upper band, the market is perhaps overbought and due for a   pullback . Advantages Generates instant buy and sell signals. Never repaints, never back

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

Highly configurable Awesome Oscillator (AO) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: AO Timeframe:  You can set the current or a higher timeframes for AO. AO Bar Shift:

A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type

SDivergence Indicator calculates and shows regular divergences and hidden divergences for MACD and Stochastic(for now). The benefit of this indicator is multiple input variables. Using these inputs you can modify to get more adaptive RD and HD's to your strategy. Guide : 1- First put your desired oscillator (MACD or Stochastic or Both) on the chart. 2- Run SDivergence indicator and set corresponding sub-window index of previously put oscillator in SDivergence input window. -Note: the chart sub-w

For those traders and students who follow the famous brazilian trader Igor Rodrigues (Mago Trader) here it is his famous 2 EMAs - based on Phi ratios - and packed with a twist: a Filling Area , to easily and visually spot the corresponding trend on the chart. You can turn On and Off this filling. If you don't know Igor Rodrigues and you are a brazilian trader and student, just google for him... Very simple and useful indicator. If you are looking also for the MACD -based indicator of this trad

A simple volume indicator according to the color of the candle! - Custom background! - Supports Volume by Ticks or Real Volume. The original Metatrader Volume indicator does not show the colors of the bar according to the color of the Candle, it only changes color when the volume of a candle is greater than the previous one, this sometimes creates confusion for beginners and does not know the real reason for the color change. Free indicator, support may take a while to respond!

A professional tool for trading - the divergence indicator between the MACD and the 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). The indicator settings allow you to adjust the strength of the divergence due to the angle of the MACD peaks and the percentage change in price, which makes it possible to fine-tune the signal strength. The indicator code is optimized and is tested very quickly as p

QuantumAlert Stoch 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 p

Description : Combination MT5 is a professional indicator based on the Stochastic Oscillator and Average True Range (ATR) technical indicators, thus, you can use it with any currency pair and any timeframe.Trade signals from Combination MT5 are drawn on the main chart in the form of arrows. When a blue arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell. You can set the alerts on/off. The Stochastic Oscillator and Average True Range (ATR) technic

hello. The indicator shows the levels of change in the spread per unit of time when its values are higher. Practice shows that the change in volumes is associated with the warning and advance of speculative activity, especially at key moments: Fed news, oil news, speeches by leaders of the IDR countries.   We are very happy to present new developments. Thanks. 

The "YK-LOT-SIZE" is a custom indicator for MetaTrader 5 (MT5) that displays the total lot sizes and profits for both buy and sell positions on the current chart. Key features of the indicator: It calculates the total lot sizes for all open buy and sell positions of the current symbol. It calculates the total profits (including commissions and swaps) for all open buy and sell positions. The indicator displays the information on the chart using two lines of text: "BUY Lots: [total buy lots] | BUY

This is an unusual representation of the Average Directional Movement Index. The indicator has been developed at the request of a trader and for the purposes of learning the development of indicators in MQL5. The line shows the same as the standard Average Directional Movement Index (ADX); The upward histogram shows the difference between +DI and -DI, when +DI is above -DI; The downward histogram shows the difference between +DI and -DI, when +DI is below -DI.

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. Interpret

Este indicador de Média Móvel Personalizada permite aos traders visualizar a tendência do mercado utilizando diferentes métodos de cálculo e aplicação a várias séries de preços. O indicador é flexível e pode ser configurado para se adaptar a várias estratégias de trading, oferecendo suporte aos métodos de média móvel mais populares, incluindo Média Móvel Simples (SMA), Média Móvel Exponencial (EMA), Média Móvel Ponderada Linearmente (LWMA) e Média Móvel Suavizada (SMMA). Funcionalidades: Seleção

The Stochastic Oscillator is one of the main indicators used in the analysis of financial assets. It is one of the highlights in the study of price movements and can be an important indicator of changing trends in the capital market. Stochastic is an oscillator used to identify when an asset is overbought or oversold. It consists of two lines: %K, which is calculated from the highs and lows of a period, and %D, which is a moving average of %K. Our version contains color filling, which facilitate

Everyone knows how to analyze the market , which level to buy / sell  this is an easy job , which leads to unusual horrible loses , very little few people knows WHEN then enter the market , time is Money , this is the key!!! This version is a Proof of concept limited version of ZamanCYcles founded here: https://www.mql5.com/en/market/product/81883?source=Site +Market+Product+Page This works Only on 3 Minutes Time frame for 45 Candles Get rest of planets and more than 10 other algorithms to pre

The TradeQL Indicator is a customizable tool that highlights specific trading patterns on candlestick charts. Users can define patterns through TradeQL queries, which the indicator then applies to the chart, visually representing matches and captured groups. Ideal for identifying complex trade setups in real-time. TradeQL queries are specified using the TradeQL Language. See https://github.com/abdielou/tradeql for more details. This language is expressed as a regular expression. The language a

Tops & Bottoms Indicator FREE   Tops abd Bottoms:   An effective indicator for your trades The tops and bottoms indicator helps you to find  ascending and descending channel formations with indications of ascending and/or descending tops and bottoms. In addition, it  show possibles  opportunities with a small yellow circle when the indicator encounters an impulse formation. This indicator provide to you  more security and speed in making entry decisions. Also test our FREE advisor indicator:

TransitGhost Signal indicator, this is one of my best forex trading strategy. The strategy is based on the simple moving average cross, 5 SMA AND 200 SMA of which take a longer time to cross. Whenever the is a cross between the 5 SMA and 200 SMA a signal will be given, when the 5 SMA cross the 200 SMA to the upside ,a buying arrow will appear on chart, and push notification(alert) "Buy now, use proper risk management" will be sent on both the MT5 PC and mobile app, and when the 5 SMA cross the 2

ПОСМОТРИТЕ НАШ НОВЫЙ СОВЕТНИК : :   https://www.mql5.com/ru/market/product/95095?source=Unknown#description Индикатор отображает свечи заданного старшего таймфрейма, на меньших таймфреймах TF_Bar  - выбор старшего таймфрейма, на основе которого будут отображаться свечи на текущем; Number_of_Bars   - предельное число баров, до которого будет производиться расчет индикатора; Color_Up   - цветовое отображение бычьих свечей; Color_Down   - цветовое отображение медвежьих свечей; Widht_lines   - то

A simple price action indicator to highlight inside and outside bars (candles) with colors. It is possible to choose what type of bar can be highlighted among: inside, ouside or both. It is can be possible to choose a first specific color for the shadow and the border of bars (candles), a second specific color for high/bull bar (candle) and a third specific color for down/bear bar (candle)

Indicator introduction: The indicator draws wave lines and histograms, It has small price lag, and the signal will not drift. The indicator can send emails, alerts and notifications to you when previous k line has an up arrow and it is under the histogram sections or it has a down arrow. you can choose whether or not to send the two kind of alerts, the alerts repetition times can also be changed. If the indicator appears red and green histograms, this is a buy zone. It can be used to analyze mar

Qstick is a way to objectively quantify candlestick analysis and improve the interpretation of candlestick patterns. Qstick was developed by Tushar Chande and published in his book " The New Technical Trader - Boost Your Profit by Plugging Into the Latest Indicators (1994) ". Qstick is built based on a moving average of the difference between the Open and Close prices. The basis of the idea is that the Opening and Closing prices are the heart of candlestick analysis. We strongly recommend the re

Удобный трендовый индикатор. Не меняет своих значений. Имеет огромные возможности для настройки. Не требователен к ресурсам компьютера. Создавался для работы в системе BearsHunter. Эксперт МТ5 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30381 Эксперт МТ4 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30383 Параметры: m1_MA_Mode_1 - метод усреднения(0-9). m1_MA_Mode_2 - метод усреднения(0-9). m1_MA_Mode_3 - метод усреднения(0-9). m1

This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows

This indicator combines RSI(14) and ADX(14) to find out the signal that price moves strongly. When it appears signal (represent by the yellow dot), and price is going down, let consider to open a SELL order. Otherwise, let consider to open a BUY order. In this case, the strength of moving is strong (normally after sideway period), so  we can set TP by 3 times of SL  . 

Trend Analyzer MT5 is a top-tier trend analysis indicator. It gives you a complete overview over current trend of multiple instruments over various time frames. It uses sophisticated statistical approach in order to determine the trend with the highest precision possible. Thanks to the Trend Analyzer MT5 you will know on which instruments you should focus on. Channel Group:   Click Here Features: Top-tier trend analysis One chart setup  Multiple time frames Multiple instruments Interactive da

This indicator displays fractal symbols and bars Use this indicator to show different symbols for bearish and bullish fractals: Choose from 144 symbols (refer to table below) Colors, size and offset of fractals can be modified Fractal price bar or candle color can be changed Hide fractals and show fractal price bar only Frequency in fractal calculation can be changed How to use 1. Select which symbols to use for bearish and bullish fractals; 2. Select which colors to use for bearish and bulli

Технический индикатор Trend Moving Average позволяет определить глобальное направление рынка. Данный технический индикатор создан для того, чтобы определить «линию наименьшего сопротивления» рынка и понять в какую сторону направлен тренд. Помимо классического использования МА, индикатор позволяет понять направленность рынка на основе динамики его значений. Так, если значение индикатора демонстрируют переход с нисходящего значения в восходящее (и наоборот) - это является дополнительным торговым с

Reversal Flow The   "Reversal Flow mt5 "   is a good Indicator of investors, which usually indicates a change in trend from bearish to bullish.For the best Trend Changing Mechanism we need a slow moving average and a fast moving average. When the fast moving average crosses the upside to the slow average the bullish signal is triggered. The opposite strategy is also very useful. -This indicator gathers the two crosses.  -Easy Best tool for Scalping and Swinging the Market Easily  -Reversal Flo

The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes

This indicator generates a moving average that adjusts towards the price as a trend continues to form new higher-highs or lower-lows, based on the identified trend. Settings Length : Determines the initial smoothing factor of the moving average (2 / (Length + 1)), and also sets the period for calculating rolling maximums/minimums. Increment : Controls the increment in smoothing factor (2 / (Increment + 1)) for each new higher-high or lower-low. Lower values result in a faster converging moving

The Mono Waves indicator is designed to display the wave behavior of the market on a chart. Its appearance is presented on slide 1.   This indicator uses the PPPC (Point-Percent Price Channel) indicator, which can be downloaded for free from the  Market .              When the market moves up, the upper border of the price channel is built on High candlestick prices (for more details, see the description of the PPPC indicator at the link given above). The higher the High prices rise

This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric

Introduction MT5 ships with the Envelopes indicator. This indicator allows you to create equidistant bands from a moving average by specifying a “deviation.” Unfortunately, the deviation is an arbitrary number. You might determine that 0.220 works well to contain 95% of close prices for USDCHF,H1, but when you change the period to H4, most of the bars are now outside the bands. So, I created this self-tuning indicator. Instead of specifying a percent “deviation,” you specify the percent of bars

Santa Donchian Indicator  is an efficient way to detect support, resistence and break outs in any market. The Donchian channel measures the high and the low of a previously defined range.  Typically, a trader would look for a well-defined range and then wait for the price to break out to either one side for a trade entry trigger. Advantages Never repaints, never backpaints, never recalculates. Works in all symbols and all timeframes. Perfect trend filter for any strategy or expert advisor. Fu

PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE  https://www.mql5.com/en/market/product/51637  AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS. This Indicator is based on four moving averages and the PIVOT points. The indicator provides clarity to trading, especially in ranging markets when price is very slow and tight. You can trade intensively daily, every day with this indicator. You may decide to trade with this indicator alone and get the maximum out of the market. The indicator

Acceleration Points is a powerful tool for detecting critical points of price movement, based on the idea of calculating the acceleration of price fluctuations.  _________________________________ How to use the indicator signals: The indicator generates a signal after a new price bar appears. It is recommended to use the generated signal after the price breaks through the critical point in the specified direction. The indicator does not redraw its signals. ______________________________

You probably heard about Candlesticks behaviors, which in most of the times could denote and trace Volume behaviors even if you are not watching Volume itself... Well, this indicator will do this. Naked traders love to rely solely on candlesticks patterns and with Candle Zones you can trap special patterns and DRAW THEM on your chart. As simple as that. There are several filters you can tweak in order to achieve the analysis you want. Just give it a try. After several months of testing, we think