Free Technical Indicators for MetaTrader 5 - 6

Welcome to the future of trading with the KMeans Price Zones Detector, an innovative MetaTrader indicator that leverages the power of machine learning to identify key price zones. This tool utilizes the KMeans clustering algorithm to dynamically detect centroids in price data, highlighting areas where prices are more likely to encounter support, resistance, or consolidation. Innovative KMeans Algorithm The KMeans Price Zones Detector stands out due to its advanced use of the KMeans clustering al

This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M3 to MN, but it uses the history data of smaller periods: M1 - for periods from M3 to H1, M5 - for periods from H2 to H12, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are consider

Pivot Classic, Woodie, Camarilla, Fibonacci and Demark Floor/Classic Pivot points, or simply pivots, are useful for identifying potential support/resistance levels, trading ranges, trend reversals, and market sentiment by examining an asset's high, low, and closing values. The Floor/Classic Pivot Points can be calculated as follows. Pivot Point (P) = (High + Low + Close)/3 S1 = P * 2 - High S2 = P - (High - Low) S3 = Low – 2*(High - P) R1 = P * 2 - Low R2 = P + (High - Low) R3 = High + 2*(P - Lo

Certainly! Let me introduce you to a powerful tool for MetaTrader 5 (MT5) that can automatically identify and draw support and resistance (S&R) levels on your trading charts. This tool is called the “Support and Resistance Levels Guru” . Support Resistance Levels Guru  The Support & Resistance Indicator automatically displays essential S&R levels on your chart. These levels are crucial for technical analysis and are used by many traders. Resistance levels (zones) are shown in R ed , while suppo

If the price is cutting above the slow length moving average, a breakout may occur. If the price is cutting below, a pullback may occur in the market. This was known for a long time, but there aren't many indicators which signal on the event. Candlestick pattern validation is also used in this indicator so that signals will not be drawn on doji candles or small "uncertainty" candles. The length of the moving average period can be defined by the user (default is 200). The number of price movement

Combination of Ichimoku and Super Trend indicators. 1. ARC (Average Range times Constant) The concept of ARC or Volatility System was introduced by Welles Wilder Jr. in his 1978 book, New Concepts in Technical Trading Systems . It has since been adapted and modified into the popular Super Trend indicator. The fundamental idea behind ARC is simple: to identify support and resistance levels, you multiply a constant with the Average True Range (ATR) . Then, you either subtract or add the resultin

This Mt5 Indicator Signals when there is two opposite direction bars engulfed by current bar.  has a recent Exponential Moving Average Cross and past bar was oversold/bought Expert Advisor Available in Comments  Free Version Here : https://www.mql5.com/en/market/product/110114?source=Site&nbsp ; Full Alerts for mt5 terminal , phone , email, print to file, print to journal  Buy Signal ( blue line ) Past ema cross ( set at 30 bars back ) Past bar rsi is oversold ( level 40  ) Engulfing bar closes

Tabajara Rules for MT5 , baseado em Setup Tabajara do professor André Machado, indica a direção do mercado com base em médias móveis quando tem velas na mesma direção da média móvel. O indicador contém a regra de coloração aplicada aos candles e a média móvel. O indicador permite a alteração dos parâmetros: período e método de suavização da média móvel. O indicador permite a alteração das cores dos candles ( contornos e preenchimento) e da média móvel. O modelo do professor André Machado c

Time Range Separator  is a useful tool to display a separator period on your platform. You could go in the properties of the indicator, select the desired range and that's ALL. We believe it is a useful and necessary that we wish to share with you for free all our followers. Input Values: TimeFrame = Period Separator Separator_Color = Vertical Color Line Separator_Style = Vertical Color Style Separator_Width = Vertical Line Width Good trading to all and see you soon. Same indicator for MT4 her

The behavior of different currency pairs is interconnected. The Visual Correlation indicator allows you to display different Symbols on a single chart while preserving the scale. You can determine a positive, negative correlation, or lack thereof. Some instruments begin to move earlier than others. Such moments can be determined when overlaying charts. To display a tool on a chart, enter its name in the Symbol field. Version for MT4  https://www.mql5.com/en/market/product/33063

The likelihood of farther price movement increases when Relative Strength Index oscillator "RSI" breaks through its historical resistance levels in conjunction with prices breakout of resistance levels. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; similar perception is applied to short trades. Concept is based on find swing levels which based on number of bars by each side to confir

The Candle Countdown Timer for MetaTrader 4 (also available for MT5) is a vital indicator designed to help you manage your trading time effectively. It keeps you updated about market open and close times by displaying the remaining time before the current candle closes and a new one forms. This powerful tool enables you to make well-informed trading decisions. Key Features: Asia Range: Comes with an option to extend the range. Broker Time, New York, London Time: Displays the current broker time

Welcome to the presentation of the AI Channel indicator, a powerful tool that uses artificial intelligence for price channel analysis in the financial market. In this session, we will explore how this revolutionary indicator can assist investors and traders in making more informed and strategic decisions. Let's get started! I. What is the AI Channel indicator? AI Channel is an indicator developed based on advanced artificial intelligence algorithms. It utilizes historical price data of financial

We often need to know the sudden change in trend that happens on the graph and this can be confirmed through indicators. This indicator shows the moments of trend reversal and how in which trend the price is shifting. Custom background, no need to configure the colors in the chart, just drag the indicator! Indication with arrows. - Blue arrow: Upward trend. - Pink Arrow: Downward Trend. NOTE: Free indicator, support may take a while to respond.

Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days

Highly configurable Stochastic 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: Stochastic Timeframe:  You can set the lower/higher timeframes for Stochastic. Stochastic    Bar

Trading Session Indicator The Trading Session Indicator visualizes the high and low points as well as the start and end times of the Asian, London, and New York trading sessions directly on your chart. Features: Visualization of major trading sessions Highlighting of high and low points Display of start and end times for each session Customizable session times User-friendly and efficient Customizability: Each trading session (Asian, London, New York) can be individually customized to match speci

The   Heikin Ashi indicator   is our version of the Heikin Ashi chart. Unlike competitor products, this indicator offers extensive options for calculating Heikin Ashi candles. In addition, it can be displayed as a classic or smoothed version. The indicator can calculate Heikin Ashi with moving average by four methods: SMA  - Simple Moving Average SMMA  - Smoothed Moving Average EMA  - Exponential Moving Average LWMA  - Linear Weighted Moving Average Main features The indicator shows Heikin

If you heard about The Wyckoff Method, Volume Spread Analysis, etc... You are probably searching for the candlestick indicator that shows you the Volume spread all over the current bar, signaling every types of market status... You can control the several Market Levels with custom colors... It is up to you to decide how to use it. Our job is provide you with the indicator... If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW! )...    This will mean A

Cybertrade ATR Trend Zone - MT5 The indicator shows, by calculating the ATR (Average True Range), the zone of probable price resistance. Indicated to be used as a probable exit point of an operation. 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 our EA. Also check out our other products.

All traders should know the trend before making their decision when placing the buy or sell orders. The first step always starts with  supply and demand ,   rising and falling channels , trend lines, engulfing candles etc. All the above contribute to what is called “Price Action” and that is the best and most reliable way in trading and catching the trend and making profits, without stress. The  Investment Castle Trend Line Indicator  will automatically draw the trend lines on the MT5 for you.

This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29957 The free version works only on EURUSD and GBPUSD! Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal tren

SETTINGS Make sure to select Chart shift option in the chart.   (Right click in the chart ---> Properties (dialog box) ----> Select Chart Shift) Kindly rate and comment about the product for upgradation & Support When using candlestick timers, keep in mind that the timing of candlestick patterns can play a crucial role in your trading strategy. For instance, different timeframes (such as 1-minute, 5-minute, hourly, ) can provide varying insights into price movements and trends. Make sure t

CustomRSI50 - Custom RSI Indicator with Level 50 Description CustomRSI50 is a custom technical indicator based on the popular Relative Strength Index (RSI). This indicator offers a clear and customizable visualization of RSI with a particular emphasis on the level 50, which is crucial for many traders in momentum analysis. Key Features Configurable RSI period Highlighted level 50 reference Customizable applied price type Display in separate window Fixed scale from 0 to 100 for easy interpretati

In this indicator you choice a data to be used from yesterday (high, low, open, close, etc) to automatically draw an line to be the zero. And, from that a percentage deviation ("Percentage to be used") is calculated and used to draw others line to both side until a limit be reached. Both sides can have diferrent colours as show in screenshots. Also, more than one indicator can be used at same time.

Think of the Super Fractal Indicator as the Bill WIlliams Indicator on Steroids. Indicator Abilities: 1. Adjust Candle around Fractal High or Low. 2. Adjust Lookback period and only plot for a specific number of history candles avoiding cluttering your trading desk. 3. The Indicator uses buffers so you call and use it from any EA. Note : The higher the candles around Fractal, the stronger the Turning point anfd viceversa is true.

The TTM Squeeze is a trading strategy developed by John Carter of Trade the Markets that uses the combination of Bollinger Bands and Keltner Channels to identify periods of low volatility, followed by periods of high volatility. The strategy is based on the principle that low volatility periods are typically followed by high volatility periods and is used to identify potential trading opportunities. When the Bollinger Bands move inside the Keltner Channels, it is referred to as a squeeze, and i

MomoPoints is an indicator that shows long and short entry/add points on the chart. Based on momentum and trend strength, MomoPoints show entries/adds with a good risk to reward ratio. Settings ---------------------------------- Design: Colors, size and wingdings (graphic symbol) of the signal can be adjusted. Signal Settings: Moving average period, trend strength, distance from moving average to price and RSI period can be set. Signal values can be displayed as a comment to set th

For MT4 version please click here . Introduction  Most traders use candle patterns as a confirmation tool before entering a trade. As you know there are lots of candle patterns out there. However I realized most of them can be generalized in simple rules. So I developed my own candle pattern(Although I cannot say for sure this is mine). pattern description The pattern consists of three consecutive candles. This is true for most of the patterns out there (considering there is a confirmation neces

Description: Heikin-Ashi-like swing oscillator candles. It can be used in the same way as RSI or Stochastic. For example: Zero crossing. Above the zero line is bullish, below the zero line is bearish. Overbought or oversold. 100 line is the extreme bought level, -100 line is the extreme sold level. Divergences. Time frame: Any time frame. Instrument: Any instrument.

This Advanced Pivots Point is a   MT5 Indicator and the essence of this technical indicator is to transform the accumulated history data. Pivot Point Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Pivot Points Fibonacci retracements Previous day’s open, high, low, and close.

Wa Candle Timer MT5 is an indicator which shows the user how much time is remaining until the next candle will form. When it remains less than 5% before the current candle will be closed, the color of the time changed. These are the settings: 1- Color of Candle Timer when it remains MORE than 5% percentage of current bar to be closed. 2- Color of Candle Timer when it remains LESS than 5% percentage of current bar to be closed. 3- Candle Timer Font Size. 4- Candle Timer font (e.g.: "Arial").

For those who like trend the Force will be a very useful indicator. This is because it is based on the famouse ADX, which measure the strenght of a trend, but without its 3 confusing lines. Force has its very simple interpretation: if the histogram is above zero level the trend is up, otherwise it is down. You can use it to find divergences too, which is very profitable. Thanks to Andre Sens for the version 1.1 idea. If you have any doubt or suggestion, please, contact me. Enjoy! This is a fre

The fact that round number levels have a significant influence on the market cannot be denied and should not be overlooked. These psychological levels are used by both retail Forex traders and major banks that deal in Forex.  Very simple and effective indicator and most importantly free. ////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// The program does not work in the strategy tester.

Mouse You can draw fibonaccis moving the mouse over the zigzag indicator Pin them You can click on fibonacci with this option and it will no longer be deleted unless you click on it again :) Precision The tuned fibonacci gets the precise point in lower timeframes Enjoy it You can ask me for add more features, so please comment and leave your ranting for me to be happy, thank you :)

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

Highly configurable Macd 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: Stochastic RSI Timeframe:  You can set the lower/higher timeframes for Stochastic RSI. Stochastic RSI

Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** Also, consider checking m

Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher probability. This i

Descubre el poderoso aliado que te guiará en el laberinto de los mercados financieros. Este indicador revolucionario te llevará de la incertidumbre a la claridad, permitiéndote identificar con precisión los puntos de inflexión del mercado. Mejora tus decisiones de entrada y salida, optimiza tus operaciones y ¡multiplica tus ganancias con confianza. Ahora con alertas en tu pc o móvil ¡Para más información, te invitamos a unirte a nuestro canal de Telegram en   https://t.me/Profit_Evolution  ¡

The "Rejection Block" MetaTrader 5 Indicator offers traders a comprehensive tool for identifying and visualizing rejection candlestick patterns, commonly known as rejection blocks. These patterns are pivotal in discerning potential market reversals or continuations, making them invaluable for traders seeking to enhance their analysis. Key Features: Rejection Block Detection: The indicator diligently scans price data, pinpointing instances of rejection candlestick patterns. These patterns typical

This is the Volume Avarage Weighted Price (VWAP) it's a indicator that shows where is the avarage of the current volumes and the levels at which the price is considered premium, above the second upper band, or discount, under the second lower band, it's also very usefull to use the VWAP level as a target for operations since it's a very liquid level so the price it's attracted to it. feel free to leave a feedback either positive or negative based on your expereince with this indicator, enjoy the

Session Killzone Indicator Indicator that helps you to identify the killzone times of both London and NewYork sessions which usually is the most times for high volatility and taking liquidity from the market. Killzone times are configurable through indicator parameters. The indicator adjusts the range of the killzones based on the daily trading range.

The indicator IQuantum shows trading signals for 10 symbols in the daily chart: AUDCAD, AUDUSD, EURUSD, GBPCAD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY. Signals of the indicator are produced by 2 neural models which were trained independently from one another. The inputs for the neural models are normalised prices of the symbols, as well as prices of Gold, Silver and markers of the current day. Each neural model was trained in 2 ways. The Ultimate mode is an overfitted neural mo

Introducing the Quasimodo Genie, a powerful indicator for MetaTrader 5 that automatically identifies the Quasimodo or Over and Under pattern. This indicator is perfect for traders who want to take advantage of this popular chart pattern and make profitable trades. With the Quasimodo Genie, you can easily find the best swing points for the Quasimodo pattern and place virtual trades with stop loss and take profit levels. The Quasimodo Genie is easy to use and comes with a range of customizable set

Investment Castle Indicator has the following features: 1.  Dictates the direction of the trend in different Timeframes . 2.   Shows the hit rate and winning rate on the chart. 3. This indicator does not repaint the chart. 4. This indicator is built-in the Support & Resistance based Investment Castle EA which works with Psychological Key Levels "Support & Resistance" Indicator.

It predicts the most likely short-term price movement based on advanced mathematical calculations. Features Estimation of immediate price movement; Calculation of the real market trend; Calculation of the most important support and resistance levels; Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources; Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe; Compatib

White label available. contact us for more info. dushshantharajkumar@gmail.com Chart Walker Smart Lines (CWSL)    by Chart Walker Smart Lines is a MetaTrader 5 (MT5) indicator that revolutionizes technical analysis by offering a suite of powerful features to enhance your trading experience. This intelligent tool is designed to automate various aspects of chart analysis, providing traders with valuable insights and saving time on manual tasks. Key Features Automatic Channel Drawing: Smart Line

This is the Cumulative Volume Delta (CVD) , it's an indicator that calculates the long and short volumes plotting it then as a line on the chart, the most efficient way to use this indicator is by comparing the CVD line to the current chart and looking at the Divergence beetween the two of them, so that you can identify fake-outs and liquidty sweeps. for example in the picture that i put below you can see that the price has made a lower low but the CVD didn't, that means the volumes didn't suppo

Join  Koala Trading Solution Channel  in mql5 community to find out the latest signals, news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Koala BTC Level Indicator Introduction This indicator made for who love to buy BTC, as you know BTC was one of the best investment items in last years and also these days, so this indicator just show us buy levels for bit coin. Koala BTC Level indicator can determine lowest points according depth par

Indicator Name: CM EMA Trend Bars Overview: The CM EMA Trend Bars indicator is a straightforward yet effective tool that changes the color of price bars based on their relationship to the Exponential Moving Average (EMA). This visual cue helps traders quickly identify trend direction and potential trading opportunities. Key Features: Dynamic Bar Coloring: The indicator changes the color of the bars depending on whether they are above or below the EMA, providing a clear visual representation of t

Highly configurable Trader Dynamic Index (TDI) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability (higher and lower timeframes also) 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: TDI Timeframe: You can set the lower/higher

Indicator Introduction: The indicator comes from network ,It is more stable relative to RSI or CCI. You can set the indicator to send emails/notifications/alerts when the previous bar has an up or down arrow, you can specify the text of emails by inputing string into the parameter box of  "UpMessages/DownMessages". It can be used to analyze market trend and design new expert that is based on trend. If the indicator below the axis ,this is a buy zone. The trend indicator is suitable for M1 and ab

The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can

This Supertrend strategy will allow you to enter a long or short from a supertrend trend change. Both ATR period and ATR multiplier are adjustable. If you check off "Change ATR Calculation Method" it will base the calculation off the   S MA   and give you slightly different results, which may work better depending on the asset. Be sure to enter slippage and commission into the properties to give you realistic results. If you want automatic trade with Supertrend indicator, please buy following pr

The outside bar indicator shows a range of inside bars and the breakout up and down from the range. The breakout is always displayed at the start of a new range and is extended until another breakout. The calculation always takes place at the start of a new candle. So it is displayed accordingly in all time frames. In inside bar (  insidebar ) trading you can see the top and bottom of a range. In outside bar (  outsidebar ) trading, the breakout from a range and thus the trend following. The c

This comprehensive technical indicator calculates and plots up to 3 moving averages with 3 different periods. By employing three moving averages of distinct lookback periods, the trader can confirm whether the market has indeed experienced a change in trend or whether it is merely pausing momentarily before resuming its prior state. SX Golden MA Pack  for MT4 is available   here . The shorter the moving average period, the more closely it tracks the price curve. When a security initiates an upt

Probability emerges to record higher prices when   MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by   2nd & 3rd screenshot. Furthermore, divergence is confirmed

Signal provider based on RSI Divergences from a higher timeframe. First 3 buffers export a signal. Timeframe for which divergences are detected is optional, see 'RSI divergences timeframe' parameter. The indicator uses different algorithms for divergences detection: 'Fast' algorithm is the simplest solution that works the fastest. 'Strict' algorithm filters out more noise but works slower than the previous one. 'Full' algorithm uses recursive functions and provides with lots of d

Highlights a specific candle after a designated time interval. This feature is particularly useful for evaluating the potential profitability of breakout strategies that are triggered at specific candle intervals. It allows traders to visually assess whether a breakout strategy, set to activate at a certain candle, would have been successful in past market conditions.

The   Spider ZIGZAG   is an algorithm to determine how critical the current peak is by spreading several lines with different parameters instead of one line between each 2 peaks. 1. The more zigzag's lines meet at a   peak   the higher probability the market will go for correction or change direction. 2. Usually when 3-4 zigzag's lines meet at a peak, the market enters a correction period, this don't happen instantly, it might take some time. 3. Usually when 5-6 zigzag's lines meet at a peak, th

The Daily Highs and Lows Indicator is a versatile tool that combines support and resistance levels with real-time market dynamics. By incorporating previous daily highs and lows, it provides valuable insights into market psychology and identifies potential areas of price reversals or breakouts. With its ability to adapt to changing market conditions and customizable options, traders can stay ahead of trends and make informed decisions. This indicator is suitable for various trading styles and ti

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There is a science, named Quantitative Finance, that allows to study the financial derivative pricing models using the methods of theoretical and mathematical physics. Lately I came across a paper that describes a new indicator for technical analysis that combines ideas from quantum physics and brings them to finance. I got interested in it and decided I would teach how to implement indicators based on a scientific papers in MQL5.  The original Moving Mini-Max paper [2] is written by Z.K. Sila

"Spotting emerging trends, defining correction periods, and anticipating reversals can benefit your trading in many ways..." So be it: Higher Highs & Lower Lows indicator. This is an indicator created by Vitali Apirine and presented to the public through the article "Time To Buy. Time to Sell - It's a Stochastic, Higher Highs & Lower Lows" in the Stocks & Commodities magazine . This is a Momentum indicator that helps determine the direction of a trend. Higher Highs and Lower Lows are two indicat

Description:  Strategy based around Open-Close Crossovers. Setup: I have generally found that setting the strategy resolution to 3-4x that of the chart you are viewing tends to yield the best results, regardless of which MA option you may choose (if any) BUT can cause a lot of false positives - be aware of this. Don't aim for perfection. Just aim to get a reasonably snug fit with the O-C band, with good runs of green && red. Option to either use basic open && close series data or pick your pois

FREE Spread Indicator for MetaTrader 5 This indicator provides a detailed analysis of the spread on MetaTrader 5, one of the most important parameters for traders, as it represents the difference between the Ask (buy) price and the Bid (sell) price of an asset. The indicator includes: Average Spread : Calculated as the average between the highest and lowest spread observed during the day. Current Spread : Displays the current market spread. Minimum Spread : Shows the minimum spread value reached

The signal trend indicator Sliding Step . The appearance of a signal in the form of an arrow gives a recommendation to open a deal. The appearance of scissors warns of a changing in the situation and gives a recommendation on fixing profit (loss).      Settings: Trend filter (period) - the filter restricts trade in transitional stages and U-turns. It is recommended that you actively work with the filter settings. The upper limit of the settings depends on the volatility of the instrument.   

This indicator is a simple tool to spot a possible trend. When the ribbon below the price bars, It will turn to Green color and the trend is seen to be bullish When the   ribbon above the price bars, it will turn to Red color and the trend is seen to be bearish. It can be used a either Entry Signal Exit Signal or trailing stop, so it is very versatile. By default color : Green is UP trend and Red is Down trend and this work perfect with   Bar4Colors.ex5

Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness