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Free Technical Indicators for MetaTrader 5 - 2
Signals from technical indicators play a crucial role in opening and closing deals on stock and Forex markets. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting future price changes.
Test technical indicators to better predict market behavior and profit from it.
Introducing Koala FVG for MT5 – Your Professional Fair Value Gap (FVG) Pattern Indicator Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Koala FVG: Your Path to Precision Trading on MT5 Unlock the power of the Fair Value Gap (FVG) pattern with Koala FVG – a cutting-edge indicator designed for MetaTrader 5. For a limited time, access this professional tool for fr
FREE
HiperCube AutoTrend Lines
This indicator helps you to identify easly supports and resistance, draw lines in chart and know where is a importnat point in the market. This tool is a best way to semi automatizate your trading , doing part of work for you. Resistance or Support are a important levels that sometime are difficult to identify, but now that will not cause you more confusion
HiperCube Autotrends is designed for any timeframe All kind of strategy, Scalping, Swing, Intraday... All mark
FREE
Note: this is a free indicator, for premium indicator,check out
https://www.mql5.com/en/market/product/120957
https://www.mql5.com/en/market/product/120957
https://www.mql5.com/en/market/product/120957
MEGASPIKES BOOM AND CRASH v1.32 NB: source codes of this indicator are available: PM me: https://t.me/Machofx PLEASE JOIN THE CHANNEL BELOW TO HAVE ACCESS TO ALL PREVIOUS VERSIONS check out Spikes robot
BoomCrash Cheatcode EA : https://www.mql5.com/en/market/product/103365 https:/
FREE
If you like this project, leave a 5 star review. Follow on instagram: borelatech This indicator draws the open, high, low and closing prices for the specified
period and it can be adjusted for a specific timezone. These are important levels looked by many institutional and professional
traders and can be useful for you to know the places where they might be more
active. The available periods are: Previous Day. Previous Week. Previous Month. Previous Quarter. Previous year. Or: Current Day. Cu
FREE
The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity.
Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset
It can be applied to any financial assets: forex, cryptoc
FREE
Note: this is a free indicator, for premium indicator,check out
https://www.mql5.com/en/market/product/120957
https://www.mql5.com/en/market/product/120957
https://www.mql5.com/en/market/product/120957 MEGASPIKES BOOM AND CRASH v 2.0 NB: source codes of this indicator are available: PM me: https://t.me/Machofx The indicator is developed form a Studied combination of MA - Moving Average SAR - Parabolic Support and Resistance CCI - Commodity Channel Index
MegaSpikes 1.0 Download th
FREE
This is a simple order block locator. Searched for the existence of order blocks only at extremums. If you want multi criteria order block location check my other indicator which is more powerful here These order blocks are ICT order blocks without any buttering.
The indicator can be a useful tool for detecting reversals, continuations. You can also use the indicator as confluence with your other tools
FREE
Contact me for any queries or custom orders, if you want to use this in an EA. Key Features: Pattern Recognition : Identifies Fair Value Gaps (FVGs) Spots Break of Structure (BOS) points Detects Change of Character (CHoCH) patterns Versatile Application : Optimized for candlestick charts Compatible with any chart type and financial instrument Real-Time and Historical Analysis : Works seamlessly with both real-time and historical data Allows for backtesting strategies and live market analysis Vis
FREE
Show the time of candlesticks and spread. All data will be displayed in a rod. Can change color Can fix the size as needed
MT4 : Link https://www.mql5.com/en/market/product/102742 MT5 : Link https://www.mql5.com/en/market/product/102834
Most free code on various websites I didn't write it myself. I only do a little bit.
If you like it, please give 5 stars with it. Thank you.
FREE
Welcome to the Advanced Gartley Pattern recognition indicator This indicator detects gartley pattern based on HH and LL of the price structure and Fibonacci Levels , and when certain fib levels are met the indicator will show the pattern on the chart. MT4 Version : WH Advanced Gartley Pattern MT4 **This Indicator is a part of combo Ultimate Harmonic Patterns MT5 , which include all the pattern recognition.**
Features : Advanced Algorithm for detecting the Gartley pattern with high Accuracy
FREE
Do you know VWAP Bands? It is an indicator used to identify support and resistance points from the daily VWAP and you can use it to check the best entry and exit points. This indicator does not use the principle of bollinger bands. There is a difference in the calculation method. Use it according to your strategy. See the applications and what results you can get. The indicator is free and can be used on any account.
FREE
Introduction
Reversal Candles is a cutting-edge non-repainting forex indicator designed to predict price reversals with remarkable accuracy through a sophisticated combination of signals.
Signal Buy when the last closed candle has a darker color (customizable) and an up arrow is painted below it Sell when the last closed candle has a darker color (customizable) and a down arrow is painted above it
FREE
An ICT fair value gap is a trading concept that identifies market imbalances based on a three-candle sequence. The middle candle has a large body while the adjacent candles have upper and lower wicks that do not overlap with the middle candle. This formation suggests that there is an imbalance where buying and selling powers are not equal. Settings Minimum size of FVG (pips) -> FVGs less than the indicated pips will be not be drawn Show touched FVGs Normal FVG color -> color of FVG that hasn't
FREE
Candle counter This indicator counts and identifies candles based on a longer time frame Bigger Timeframe You can choose the daily timeframe as " Bigger Timeframe ", and run it within any smaller chart. that it will count the bars based on the daily chart . If you pass as a parameter the timeframe " H1 " then the indicator will know how to count the bars inside the H1 chart you just need to run it on smaller charts. The main parameter is the " Bigger Timeframe " which is a larger timeframe than
FREE
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
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The Advanced Order Block Indicator for MetaTrader 5 is designed to enhance technical analysis by identifying significant order blocks that sweep liquidity and create Fair Value Gaps (FVG) when pushing away. This indicator is ideal for traders who focus on institutional trading concepts and wish to incorporate advanced order flow and price action strategies into their trading routine. Overview Order Block Identification : An order block represents a price area where a substantial number of orders
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Volume Weighted Average Price (VWAP) The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This indicator VWAP V2 is free and is the manual version of the extended Easy VWAP indicator (30 Euro), where the date and time properties are automatically entered. With
FREE
Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay. The current MetaTrader 5 version changes its color when the movement direction changes. Sound and text signals are available. It also supports sending email and push messages. It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate. One of the p
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Cybertrade Auto Fibonacci retraction and projection - MT5
Auto Fibonacci is an indicator that automatically plots the Fibonacci retracement and projection based on the number of bars you select in the indicator setting. You can customize nine different levels of retraction and three levels of projection. It works on periods longer than the period visible on the chart. All values are available in the form of buffers to simplify possible automations. This indicator is the same one we use in o
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Tyr Bands Indicator
Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stoch is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it is only an indicator, it will not place SL or TP, we need to have them placed manually if you want to trade. The SL will lie on the external BB band (Blue), and
FREE
The "Sniper MACD" indicator is an enhanced version of the classic MACD indicator, optimized using several methods to achieve maximum trading efficiency. This indicator features additional filtering and multiple levels of smoothing, allowing for more accurate signals. Key Features: Additional Filtering: Extra filtering has been implemented to improve signal quality, helping to avoid false signals and increase forecasting accuracy. Multiple Smoothing: The indicator has been smoothed multiple time
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MACD divergence indicator finds divergences between price chart and MACD indicator and informs you with alerts (popup, mobile notification or email) . Its main use is to find trend reversals in the chart. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. Three confirmation type for MACD divergences: MACD line cross zero level Price returns to previous H/L Crea
FREE
Levels on Fractals with Bands Filter is levels based on fractals filtered with Bollinger Bands indicator.
The Levels on Fractals with Bollinger Bands Filter is a technical analysis tool that uses a combination of fractals and the Bollinger Bands indicator to identify support and resistance levels.
How to use it.
When a fractal forms behind the outer Bollinger band (volatility breakout) it indicates that price has reached an extreme level and may change direction.
These levels can be us
FREE
Leave a comment if you would like me to write an EA to trade these trendlines... if enough interest, will write an EA. Automatic Trendlines, updated automatically. To Set up 3 different (or mroe) Trendlines on chart, simply load the indicator as many times and name it differntly.. the example in the picture below is indicator 1 (loaded 1st time): Name: Long, StartBar: 50, BarCount: 500, Color: Pink indicator 2 (loaded 2nd time): Name: Short, StartBar: 20, BarCount: 200, Color: Green indicator 3
FREE
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
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Simplify your trading experience with Trend Signals Professional indicator. Easy trend recognition. Precise market enter and exit signals. Bollinger Bands trend confirmation support. ATR-based trend confirmation support. (By default this option is OFF to keep interface clean. You can turn it ON in indicator settings.) Easy to spot flat market conditions with ATR-based trend confirmation lines. Highly customizable settings. Fast and responsive. Note: Do not confuse ATR-based trend confirmation
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Strategic Zone touched x3, x4, x5 times | TP1/TP2/TP3 in points or value | Check visually the safety of your Risk/Reward ratio
Limited time offer then back to >> $99 | After purchase, please contact me for recommended and personalised settings Version MT5 - MT4 | Check our 3 steps MetaMethod to maximise your profits: 1. TrendDECODER 2. PowerZONES 3. BladeSCALPER Want multi-daily signals on charts? >> Subscribe to our mql5 channel
Why is it better? For the first t
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Pivot trading:
1.pp pivot
2. r1 r2 r3, s1 s2 s3
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
Cooperation QQ:556024"
Cooperation w
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This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
FREE
Volumes with Moving Average is a simple and straightforward volume indicator supplemented with a moving average.
How to use? It is well suited for filtering signals when entering a deal both from support-resistance levels and at volatility breakouts of trend channels. It can also be a signal to close a position by volume. Input parameters: Volumes - real or tick volume. MA_Period - moving average period.
FREE
Swing Points Indicator for MetaTrader 5
The **Swing Points Indicator** is a custom-built technical tool designed for MetaTrader 5 (MT5), primarily used for identifying crucial reversal points in price action. By plotting swing highs and swing lows, it highlights potential trend reversals, making it a valuable tool for traders relying on price action analysis. This indicator helps traders anticipate changes in market direction by visually marking significant turning points on the chart.
Main
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USIOLA SMC 2 is a specialized tool designed to enhance trading strategies by pinpointing high-probability trading opportunities on price charts. This indicator provides traders with a robust filtering mechanism to identify optimal entry and exit points. This indicator identifies setups which spot these sequence of events. While it shares the same logic of events with the Version 1, their sequence differs. BULLISH Bearish BOS Bullish CHoCH Bullish FVG Bullish Order Block
BEARISH Bullish BOS B
FREE
MT4 Version
Golden Hunter has been developed for traders who trade manually in the markets. It is a very powerful tool consisting of 3 different indicators: Powerful entry strategy: Formed by an indicator that measures the volatility of the currency pair and identifies the market trend. LSMA: Smoothes the price data and is useful to detect the short term trend. Heikin Ashi: Once the indicator is attached to the chart, the Japanese candlesticks will change to Heikin Ashi candlesticks. This
FREE
The worktime indicator helps you identify the most important times to day to trade the currency pairs. It was created based on the ICT day trading free tutorials that are freely vailable on his youtube channel. You can use this indicator together with my other indicators that i have shared freely with you like the true day, custom periods, daily month, weekly open lines - they together complement each other very well.
Nuggets from this indicator: 1. Draws the asian session box showinng you th
FREE
Divergence Force Divergence Indicator Description Divergence Force 1.0 is an indicator designed to identify divergences between the price of an asset and the MACD (Moving Average Convergence Divergence). This indicator automatically draws trend lines on the highs and lows of the price and MACD, highlighting potential trading opportunities. Main Features Automatic Divergence Identification : The indicator automatically detects bullish and bearish divergences between the price and the MACD. Trend
FREE
Note from Developer:
This is the lite version of the Double TMA with Bands Indicator.
I will be uploading a paid version that comes with alerts and on screen signal arrows built in.
I will also be selling an EA based on this trading system once all backtesting and optimization have been completed.
Unlock your trading potential with the Double TMA Indicator with Reversal Detection!
Designed for swing and reversal trading, this versatile tool integrates two Triangular Moving Averages
FREE
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 -
FREE
Trend Arrow Signal gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern. As the name indicated, this is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend. The main trend is determined by EMA 50 and can be changed manually to suit your preference. Trend arrow signal can work on all time frames. It gives signal at close of th
FREE
Just another Auto Fibonacci Retracement indicator . However, this is the most Flexible & Reliable one you can find for FREE. If you use this indicator and you like it, please leave a review/comment. If you are looking for a more advanced Fibo indicator, check this Free Trend-Based Fibo indicator . ### FEATURES ### Auto-calculate up to 7 Fibonacci levels on your customized frame. Adjust levels as your need. Use High/Low price or Open/Close price to calculate. Freeze the levels and don
FREE
MT4 Version Available Here: https://www.mql5.com/en/market/product/43528
Telegram Channel & Group : https://t.me/bluedigitsfx
V.I.P Group Access: Send Payment Proof of any of our Paid Products to our Inbox
Recommended Broker: https://eb4.app/BDFXOsprey * The Most Sought After Pip Counter for Metatrader ! Features
Will show Currency Symbol in BLUE for Buy positions. Will show Currency Symbol in RED for Sell positions. Will Show pips in BLUE Color for Positive Pips Will Show pips in
FREE
Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications
Benefits:
Works on all instruments and timeseries Trend indicator with oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert
MT4 version -> HERE / Our news -> HERE
How the indicator works:
AW Classic MACD - Indicator
FREE
FOR CRASH 500 ONLY!! MT5
*This is a smooth heiken ashi setup meant to be used on CRASH 500 in combination with other indicators. *You are welcome to test it on other markets aswell. *I will be posting other indicators aswell to help with trading the crash 500 market. *You can use this to help smooth out price if you do struggle with reading the charts as is. * Just note heiken ashi doesnt represent real price action only smoothes it out for ease of read.
FREE
Introduction
The Bounce Zone indicator is a cutting-edge non-repainting technical tool built to identify key areas on the price chart where market sentiment is likely to cause a significant price reversal. Using advanced algorithms and historical price data analysis, this indicator pinpoints potential bounce zones. Combined with other entry signal, this indicator can help forex traders place the best trades possible
Signal
A possible buy signal is generated when price is in the green zo
FREE
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
砖图 Renko PRO->>>
The display of the brick map on the main map.
The Renko chart ideal
FREE
The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it. Version for MT4: https://www.mql5.com/en/market
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The Order Block FVG Box indicator for MetaTrader 5 is a powerful tool designed for discerning traders looking to identify and capitalize on high-probability trading opportunities. This indicator excels at pinpointing valid Order Blocks that are immediately followed by Fair Value Gaps (FVG), enhancing your trading strategy with precise visual cues. Key Features: Order Block Identification : Detects valid Order Blocks, which are significant areas where institutional buying or selling has occurred,
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This indicator allows to display Renko charts in the indicator window. Renko charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows to focus on main trends.
Time is not a factor here. Only price movements are taken into account. That's why Renko chart is not synchronized with the main chart it is attached to. Indicator works in two modes: CLOSE - only close prices are taken into account while building the chart HIGH_LOW - only high/
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non-repaint free MT5 technical indicator works on all timeframes 1 minute to the monthly timeframe the trade vision buy and sell arrow is a multi currency and synthetic indicator Trade vision buy and sell arrow comes with Push Alerts purple arrow look for selling opportunities white arrow look for buying opportunities. wait for candle to close and arrow to appear before taking any trades.
FREE
Candle Counter is an indicator that prints the number of candles from the first candle of the day . The first candle of the day will be the number 1 and each new candle will be increased by 1 in this count.
Input Parameters Choose from even, odd or all Distance from candle to Print the number Text Font Size Text Font Color
If you still have questions, please contact me by direct message: https://www.mql5.com/en/users/robsjunqueira/
FREE
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
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Ekom Spike Detector
Navigate the volatile world of Boom and Crash indices with the Ekom Boom and Crash Spike Detector Indicator. This powerful tool detects explosive price movements, providing traders with accurate buy and sell signals 24/7.
Key Features:
- Accurate Spike Detection : Identify high-probability spike patterns in real-time - Clear Visual Signals : Displays clear buy and sell arrows on the chart for easy decision-making - Customizable : Easily switch from either Boom or Crash
FREE
Volume and RSI-based sniper entry signals for Boom and Crash synthetics feature robust entry alert systems. For more advanced filter signals, consider the Harmonic Hybrid Pro. When trading spikes, three orders are strategically placed to manage risk, with the third order positioned close to the highest probability of a spike. Signals are no longer valid fifteen minutes after the final order, and any losses should be closed promptly. For take profit (Tp), it is advisable to exit shortly after a s
FREE
Welcome to HiperCube Renko Candles
This indicator provide you a real info of market transform it to Renko Candle Style. Definition Renko charts are a type of financial chart that measures and plots price changes, using bricks (or bars) to represent price movements . Unlike traditional candlestick charts, Renko charts do not display time-based information, focusing solely on price fluctuations. Features: Indicator in separate windows Custom your candles Colors Custom Size of Candles/Brick
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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
FREE
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
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This indicator automatically identifies demand and supply zones on a number of 1000 candles or more, and you can change that number of settings.
It also carries a high level of accuracy in describing the type of each zone, as it contains:
Weak areas .
Untested areas . Strong areas . Role-taking areas . Areas tested + number of times visited . Areas to which a return is expected, depending on the direction . The indicator contains alert zones.
For signals and more free indicators, you ca
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Time Session OPEN-HIGH-LOW-CLOSE This Indicator Will Draw Lines Of OHLC Levels Of Time Session Defined By User. It Will Plot Floating Lines On Current Day Chart. Time Session Can Of Current Day Or Previous Day. You Can Plot Multiple Session Lines By Giving Unique ID To Each Session. It Can Even Show Historical Levels Of Time Session Selected By User On Chart To Do Backdating Test. You Can Write Text To Describe The Lines.
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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.
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The Candle_Timer_and_Spread indicator shows on one chart the time until the end of the candle and the percentage of price change along with the spread for the selected symbols.
The timer for the time until the end of the candle on the current timeframe and the price change as a percentage relative to the opening price of the day is located by default in the upper right corner of the chart. The panel shows the spread and percentage change of the current price relative to the opening of the day
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Trend Master Chart is the trend indicator you need. It overlays the chart and uses color coding to define different market trends/moves. It uses an algorithm that combines two moving averages and different oscillators. The periods of these three elements are modifiable. It works on any time-frame and any Pair.
At a glance you will be able to identify an upward or downward trend and the different entry points into this trend. For example during a marked upward trend (light green color) the dif
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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
FREE
The VR Donchian indicator is an improved version of the Donchian channel. Improvements affected almost all functions of the channel, but the main operating algorithm and channel construction were preserved. A change in the color of levels has been added to the ball indicator depending on the current trend - this clearly shows the trader a change in trend or flat. The ability to inform the trader about the breakout of one of two channel levels on a smartphone, email, or in the MetaTrader terminal
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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
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The indicator works to convert normal volume into levels and determine financial liquidity control points.
It is very similar in function to Fixed Volume Profile.
But it is considered more accurate and easier to use than the one found on Trading View because it calculates the full trading volumes in each candle and in all the brokers present in MetaTrade, unlike what is found in Trading View, as it only measures the broker’s displayed prices.
To follow us on social media platforms:
tel
FREE
The Expert Advisor for this Indicator can be found here: https://www.mql5.com/en/market/product/115445 The Break of Structure (BoS) and Change of Character indicator is a powerful tool designed to identify key turning points in price movements on financial charts. By analyzing price action, this indicator highlights instances where the market shifts from a trend to a potential reversal or consolidation phase.
Utilizing sophisticated algorithms, the indicator identifies breakouts where the str
FREE
Stochastic Alert Indicator for MetaTrader 5
The Stochastic Alert Indicator is a powerful and customizable tool designed for the MetaTrader 5 platform, perfect for traders who want to monitor overbought and oversold conditions while staying informed of potential buying and selling pressure. Key Features: Overbought/Oversold Detection: Automatically detects when the market reaches overbought (above 80) or oversold (below 20) levels, providing you with timely alerts for potential reversal points
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Structure Blocks: a structured way to analyze market structure
This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am Lio , don't hesitate to reach out! I am always available to respond, help, and improve. How it works:
Each block consists of a move wit
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This is Wilder's ADX with cloud presentation of DI+ & DI- lines. Features
4 standard lines of the ADX indicator: DI+, DI-, ADX, ADXR cloud presentation of DI+/DI- lines with transparent colors applicable to all time-frames and all markets
What Is ADX
J. Welles Wilder Jr., the developer of well-known indicators such as RSI, ATR, and Parabolic SAR, believed that the Directional Movement System, which is partially implemented in ADX indicator, was his most satisfying achievement. In his 1978 boo
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YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>> GO HERE TO DOWNLOAD
More About Advanced Currency Meter Every good forex system has the following basic components: Ability to recognize the trend direction. Ability to identify the strength of the trend and answer the basic question Is the market trending or is it in a range? Ability to identify safe entry points that will give a perfect risk to reward (RR) ratio on every position
FREE
This is a conventional volume indicator, which displays the ticks or real volume (if available from your broker). But it has others features like: 5 color schemes: single, when crossing with moving average, when crossing a specific level, when having different volume between bars and when candle change color. Being hable to have a customizable moving average. Being hable to have a value indicator line. Many thanks to Diego Silvestrin for the ideas to version 1.1 and Konstantin Demidov for
FREE
Learn how to purchase a trading robot from the MetaTrader Market, the store of application for the MetaTrader platform.
The MQL5.community Payment System supports transactions via PayPal, bank cards and popular payment systems. We strongly recommend that you test the trading robot before buying, for a better customer experience.
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