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Free Technical Indicators for MetaTrader 5 - 69

icon 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.
Highest high, lowest low and midline of the last N bars, with arrows and alerts when a closed candle breaks out of the previous channel. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Upper, 1 Lower, 2 Middle, 3 Buy ar
FREE
Colours every candle by the Elder Impulse System: green when the EMA and MACD histogram both rise, red when both fall, blue otherwise. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0-3 candle open/high/low/close, 4 colour (0 green, 1 red, 2 blue). Inputs Impulse: EMA pe
FREE
Marks bullish and bearish engulfing candles whose body covers the previous body, with an optional size filter and alerts on closed bars. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Buy arrow, 1 Sell arrow. Inputs Pa
FREE
The low lag Hull moving average calculated from weighted averages, coloured by direction, with turn arrows and alerts on closed bars. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 HMA, 1 Colour (0 up, 1 down), 2 Buy a
FREE
Finds inside bars and marks the candle that closes beyond the mother bar high or low, with alerts on closed bars. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Buy arrow, 1 Sell arrow. Inputs Pattern: Minimum mother b
FREE
Net price change divided by the sum of absolute bar to bar changes, from 0 (pure noise) to 1 (perfect trend). Helps decide between trend and range tactics. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Efficiency ratio, 1 Colour (0 trending, 1 neutral, 2 noisy). Input
FREE
Fits a least squares regression line to the most recent bars and draws parallel channel lines at a multiple of the standard error. The slope is shown in the indicator name. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Regression line, 1 Upper channel, 2 Lower channel
FREE
Detects the three candle morning star and evening star reversal patterns with size filters and alerts on closed bars. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Buy arrow, 1 Sell arrow. Inputs Pattern: Minimum body
FREE
Eight exponential moving averages from a start period with a fixed step form a ribbon; the name shows whether the ribbon is fully stacked up, down or mixed. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0-7 ribbon averages from fastest to slowest. Inputs Ribbon: First E
FREE
Marks the high and low of the first minutes after a chosen session start (server time) for each day, plus optional target lines at a multiple of the range. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Objects are removed automatically when the indicator is deleted Inputs Opening Range (server time): Session start, Opening range length (min
FREE
Marks bullish and bearish pin bars (long rejection wick, small body) at local highs and lows, with popup, sound, push and email alerts on closed bars. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Buy arrow, 1 Sell ar
FREE
Distance between the close and a moving average measured in ATR units, a simple way to see when price is overextended. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Distance (ATR units), 1 Colour (0 above, 1 below, 2 extreme). Inputs Distance: MA period, MA method, AT
FREE
Marks price gaps between the close of one bar and the open of the next. Open gaps are drawn as boxes that extend until price fills them; filled gaps can be hidden. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Objects are removed automatically when the indicator is deleted Inputs Gaps: Minimum gap size (points), Bars to scan, Show filled ga
FREE
AI Relative Volume Indicator
Fadi Hassan Khaled Ghanem
Tick volume of each bar divided by its average over the lookback. Bars above the spike level are highlighted, showing unusual activity. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Relative volume, 1 Colour (0 normal, 1 high, 2 spike). Inputs Relative Volume: Average
FREE
Finds confirmed swing highs and lows and labels them HH, LH, HL or LL so the market structure (uptrend, downtrend or range) is visible at a glance. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Objects are removed automatically when the indicator is deleted Inputs Swings: Bars on each side of a swing point, Bars to scan, Label font size, Hi
FREE
Draws the Asian, London and New York sessions as coloured boxes covering each session high and low for the chosen number of days. Session times are set in server time. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Objects are removed automatically when the indicator is deleted Inputs Sessions (server time): Asian start, Asian end, London st
FREE
A moving average coloured by its slope: rising, falling or flat, with arrows and alerts when the colour changes on a closed bar. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Popup, sound, push and email alerts on new signals Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 MA, 1 Colour (0 up, 1 down, 2 flat), 2 Buy
FREE
TIRED OF FALSE SIGNALS AND DISAPPEARING ARROWS? Test the logic of Trend Reverting PRO MT5 completely for FREE on EURUSD (M5 & M15) and see the accuracy for yourself! Hey trader, I know how frustrating it is to look at a beautiful chart history, only to realize the indicator changes its mind during live trading. That’s why I want you to test my algorithm completely risk-free. This is a fully functional free/demo version designed specifically for EURUSD on the M5 and M15 timeframes (works with
FREE
ADX drawn as a histogram coloured by the dominant directional line (+DI or -DI) and faded when ADX is below the strength threshold. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 ADX, 1 Colour (0 strong bull, 1 strong bear, 2 weak). Inputs ADX: ADX period, Strong trend
FREE
Larry Williams Ultimate Oscillator combining buying pressure over three periods (7, 14 and 28 by default) to reduce false divergence signals. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Ultimate Oscillator. Inputs Ultimate Oscillator: Short period, Medium period, Lo
FREE
Shows when the Bollinger Bands contract inside the Keltner Channel (squeeze on) together with a momentum histogram that points to the likely breakout direction. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Momentum, 1 Momentum colour, 2 Squeeze dots, 3 Dot colour (0
FREE
Shows how many standard deviations the close is from its moving average. Readings beyond +2 or -2 mark statistically stretched prices. Key features Calculated on closed bars, values do not repaint Works on any symbol and timeframe All periods, levels and colours can be changed in the inputs Light on resources with a maximum bars setting Buffers available for use in your own Expert Advisors (iCustom) Buffers 0 Z score, 1 Colour (0 normal, 1 above upper level, 2 below lower level). Inputs Z Score:
FREE
SAYON Daily Dashboard is a free daily statistics dashboard for MetaTrader 5. Your trading day in one professional window: 8 key indicators, balance and equity chart, real equity drawdown, calendar with the details of the day, hours, long vs short, symbols and advanced statistics. Export today's report to Excel with one click. It is an indicator: it works on any chart, next to any Expert Advisor. It does not trade and does not change anything on your account. 8 KEY INDICATORS OF THE DAY Net profi
FREE
Trend Sentinel V2
Dawid Aaron Zinserling
Trend Sentinel V2  — The Ultimate Directional Guard Trend Sentinel V2  is a powerful, visually intuitive indicator designed to give you a crystal-clear view of the market trend across any asset class . Whether you are trading Spike Markets (Boom, Crash, Step, Bull, Bear, Pain, Gain), Forex pairs , Indices , Commodities , or Crypto , the Sentinel provides a single, clean, dynamically colored midline that tells you exactly who is in control of the market—the buyers or the sellers. Instead of cl
FREE
ALYAS WaveTrend
Salim Alyas Rasho
ALYAS WaveTrend – Professional Momentum & Reversal Signals for MT5 ALYAS WaveTrend is a clean and practical momentum oscillator for MetaTrader 5, designed to help traders identify momentum shifts, WaveTrend crossovers, overbought and oversold conditions, and potential reversal opportunities directly from a dedicated indicator window. The indicator combines two WaveTrend lines, WT1 and WT2 , with customizable overbought and oversold levels. BUY and SELL signals are generated when the WaveTrend li
FREE
Trade the ICT Silver Bullet hours without watching the clock. This indicator draws the three windows, waits for the liquidity sweep and the first fair value gap after it, alerts you, and checks on your own chart what price did next. ICT Silver Bullet Honest Stats marks the London (03:00-04:00), New York AM (10:00-11:00) and New York PM (14:00-15:00) Silver Bullet windows in New York time, draws the liquidity of the two hours before each window, shows when the window sweeps it, and marks the firs
FREE
Gann Matrix Ultra is an advanced analytical tool for MetaTrader 5 that combines WD Gann's Sacred Geometry, Dow Theory, Volume Profile, and Anchored VWAP into a dynamic decision-making ecosystem. ​Designed for traders who, upon drawing the trendline according to the last validated swing high or swing low pivot, benefit from the indicator automatically projecting the geometric matrix onto the chart alongside its primary volume regions. ​1. GANN THEORY AND DYNAMIC GEOMETRY ​WD Gann discovered that
FREE
RSI AutoScale is a clean, lightweight RSI for traders who use both TradingView and MetaTrader 5 and want the two charts to look the same. WHAT IT SHOWS - RSI (Wilder smoothing): the same values as the standard RSI, with any applied price. - Signal line on the RSI: SMA, EMA, SMMA or LWMA, with its own period. - Levels: upper, middle and lower lines (70 / 50 / 30 by default). They use MT5's native levels, so they reach the right edge and their values appear on the scale. - Zone fills: the middle
FREE
THV Daily VWAP MT5 – Daily Volume Weighted Average Price THV Daily VWAP MT5 is a technical indicator designed to display the Daily Volume Weighted Average Price (VWAP) directly on your MetaTrader 5 chart. Unlike traditional VWAP indicators that may only display limited session data or reset at specific trading sessions, this indicator plots a continuous VWAP line throughout the trading day, making it easy to observe how price behaves relative to the daily volume-weighted average price. The VWAP
FREE
Magic Number Stats shows how each Expert Advisor on your account is really doing. If you run several EAs on one account, the account history mixes all of their trades together. This indicator separates them by magic number and shows one row per EA, so you can see at a glance which EA is earning and which one is losing. For every magic number (manual trades are shown as "Manual") the table shows: Trades: number of closed positions Win%: share of positions that closed with a profit after commissio
FREE

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