New Technical Indicators for MetaTrader 5

Drawing inspiration from ICT's Private Mentorship Course of 2016 (month 05) , as shared on YouTube, our innovative tool empowers traders to navigate the markets with precision. By marking out periods of 60, 40, and 20 days, it helps identify significant market movements, drawing upon the wisdom imparted by ICT. What truly sets this indicator apart is its forward casting capability, a feature that offers invaluable insights into future market behavior based on meticulous historical data analysis

Bring your trading charts to life with our innovative Metatrader Theme Builder! Our Theme Builder allows you to create a trading environment that suits your personal style and preferences. With an easy to use interface and fully integrated into Metatrader, you now have full control over the look and feel of your charts /   Free MT4 version . Features Total Customization:   Easily modify the candlestick color and chart background to reflect your unique trading style. From soft, professional to

Trend based on Extremum Levels and Volatility   indicator is a handy tool designed to help traders to identify trend break points and potential profit taking levels on different timeframes. The indicator can be used on forex, futures, stocks, indices, commodities and cryptocurrency markets. This universal indicator builds trends based on local extrema, volatility and average price deviation, providing valuable information that can be used on both small and large timeframes. The distinctiv

ATR Bands Alert is a channel indicator where the channel width is calculated as a constant multiplier ("Multiplier") and the value of the "Average True Range" indicator. Unlike Bollinger Bands, the bandwidth is not changed so often – in the ATR Bands Alert indicator, the bands often have long straight lines. The interpretation of the ATR Bands Alert is based on the fact that the price is inside the bands for most of the time, and if the price reaches one of the boundaries, it may indicate a t

Heikin Ashi candlesticks smooth out the price data to help traders spot trends and patterns in the market. By averaging the price values, these candlesticks provide a clearer visual representation, making it easier to identify trends and predict future movements without the noise of standard candlesticks. We at Minions Labs are revisiting this topic because of our fellow Swing Traders, who love Heikin Ashi. WHY SHOULD I CARE about the Smart Heikin Ashi? The Smart Heikin Ashi is an innovative

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. The colors can be customized in the options. Have Fun!

The "Moving Average Range Painter" is a robust MetaTrader 5 (MT5) indicator meticulously crafted to illustrate the fluctuating range between an exponential moving average (EMA) and a simple moving average (SMA) on any financial chart. This tool offers traders a comprehensive visual depiction of the price range within which an asset is oscillating. Here's a succinct interpretation of what this range signifies for technical analysis: Trend Dynamics : The range delineated by the EMA and SMA unveils

The Expert Advisor for this Indicator can be found here:  https://www.mql5.com/en/market/product/116472 Introducing the Rejection Candle MT5 Indicator, a robust tool designed to revolutionize your trading experience on the MetaTrader 5 platform. Built to pinpoint potential reversals with precision, this indicator offers unparalleled insights into market sentiment shifts, empowering traders to seize profitable opportunities with confidence. Key Features: Advanced Rejection Candle Detection: Uncov

The DYJ StochasticSignalSource is displayed as two lines. The main line is called %K. The second line, called %D, is a Moving Average of %K. The %K line is usually displayed as a solid line and the %D line is usually displayed as a dotted line. There are several ways to interpret a Stochastic Oscillator. four popular methods include: Buy when the Oscillator (either %K or %D) falls below a specific level (for example, 20) . Sell when the Oscillator rises above a specific level (for example, 80)

This indicator informs the user when the ATR is above a certain value defined by the user, as well as when the ATR prints a percentage increase or percentage decrease in its value, in order to offer the user information about the occurrence of spikes or drops in volatility which can be widely used within volatility-based trading systems or, especially, in Recovery Zone or Grid Hedge systems. Furthermore, as the volatility aspect is extremely determining for the success rate of any system based o

This indicator informs the user when the ATR is above a certain value defined by the user, as well as when the ATR prints a percentage increase or percentage decrease in its value, in order to offer the user information about the occurrence of spikes or drops in volatility which can be widely used within volatility-based trading systems or, especially, in Recovery Zone or Grid Hedge systems. Furthermore, as the volatility aspect is extremely determining for the success rate of any system based o

The DYJ SignalSourceOfMACD is based on the MACD indicator. Generally, signals are generated when crossing the MACD and SIGNAL lines of the MACD indicator.  Signals to buy   are generated if the MACD line crosses over the SIGNAL line in the negative area below the MACD open level. The negative area is where the values of MACD and SIGNAL lines are below zero. The MACD open level parameter is set in pips. However, in the code it is converted as follows: MACD Open level * Instrument.PipSize. For exa

DYJ SignalSourceOfRSI   is a momentum oscillator which shows price strength by comparing upward movements of Close prices to their downward movements over a selected number of periods. There are two kinds of signals provided by RSI: RSI reaching of either overbought or oversold level and then making a bit of reversal: Signals to buy  are generated falling of RSI below level( 30) and  Signals to sell  are generated rising of RSI above level( 70) Falling of RSI below level( 30) and then rising abo

Welcome to the future of trading! Are you ready to elevate your trading game to new heights? Introducing a groundbreaking trading indicator that is set to redefine the way you approach the markets. With its unparalleled features and cutting-edge technology, this indicator is not just another tool in your arsenal – it's your secret weapon for success. Imagine having access to real-time alerts that keep you ahead of the curve, ensuring you never miss a lucrative opportunity. Picture a tool that w

Welcome to advanced trading with the ADX Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator, meticulously designed to offer seamless currency scanning and real-time insights. Key Features: Effortless Multicurrency Scanning: Unlock the full potential of the ADX Multicurrency Scanner for MT5 by effortlessly scanning multiple currencies. Receive instant alerts when specific conditions are met, ensuring you stay ahead of the market and capitalize on every

Welcome to the world of advanced trading with the CCI Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless CCI Scanning: Unlock the full potential of the CCI Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Commodity Channel Index (CCI) conditions are met, ensuring you stay ahead of market moveme

Welcome to the world of advanced trading with the MACD Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless MACD Scanning: Unlock the full potential of the MACD Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Moving Average Convergence Divergence (MACD) conditions are met, ensuring you stay ahea

QuantAlgo Signal is one of our best Premium Indicators.  It was designed with an intention of giving traders clear and precise entry signals.  It's main strength is in the possibility of simulating the trades and giving you realistic results.  With this features it is incredibly simple to find the settings you like the best!  QuantAlgo Signal is very simple to use, therefore it is suitable for both beginning and experienced traders.  Features: Precise Entries Backtesting simulation

MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level. BUY SIGNAL when the Moving Average Line crosses above the MOST Line LONG CONDITION when the Moving Average is above the MOST SELL SIGNAL when Moving Average Line crosses belo

MARKET WEEKLY LINES VERY USEFUL ASSISTING  INFOMATIVE  INDICATOR TO TRACK MARKET WEEKLY MOVEMENT  WEEKLY CHEATLINE  THAT EXPOSE MARKET  BREAKOUTS ,RANGES,LINE ZONES ,MEDIANS  SHOWS  *WEEKLY PREVIOUS  HIGHS AND LOWS *WEEKLY PREVIOUS MEDIAN * WEEKS EQUILIBRIUM  (2 WEEKS) *WEEKLY OMC ---   OPEN CLOSE MEDIAN *WEEKLY CML ---    CLOSE LOW  MEDIAN *OPTIONAL . (WILL CUSTOMISE RULES ON THE INDICATOR FOR FREE )

MARKET MOVING AVERAGE DASH      MT5 VERSION  $35 SMART MULTITIMEFRAME TREND TRAKER AN MT5 MOVING AVERAGE DASHBOARD THAT ALLOWS YOU TO TRACK THE TREND ON ALL TIMEFRAMES THE MOVING AVERAGE IS CUSTOMISABLE PREFERED USER SETTINGS  *CLEAR VIEW *COLOURISE IN GREEN AND RED  *INDICATES CROSS OVER AND BELLOW *SIMPLE AND SMART AND UNIQUE *WE CAN ALSO RENAME THE BRAND TO YOUR MOTTO   WORKS ON ALL BROKER  .  DERIV TRADERS YOU ARE ALSO WELCOMED

Automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Range-bound traders use  pivot points  to identify reversal points. They see  pivot points  as areas where they can place their buy or sell orders.

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

This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a Blue line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT COLOR and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. https://www.mql5.com/en/market/product/115553

Critical Zones   has been created especially for manual traders looking for more accurate market entries. This indicator uses advanced algorithms to detect areas of interest by calculating the most relevant support and resistance on the chart as well as their breakouts and retests. This indicator can be configured to send alerts and notifications when potentially lucrative buy/sell opportunities are detected, allowing traders to stay on top of trading opportunities even when they are not in fro

Strategic Zone touched x3, x4, x5 times   |  TP1/TP2/TP3 in  points  or  value   |  Check visually your Risk/Reward ratio   |  Non-Repainting/Non-Redrawing and Non-Lagging Indicator - Ideal from both manual and robot trading - Fits all assets and all time frames FREE   for the launch - then back to >>   $99 After purchase,   please contact me on this channel   for recommended and personalised settings MT4   version Get our full method with BladeSCALPER  and   TrendDECODER Key Features 1. D

Accurate trading analysis at your fingertips: Next-generation trading analysis software Mainstream trading analysis software available on the market often provides only hourly or weekly profit and loss ratio statistics, which fail to meet the need for more precise trading analysis. However, in the real trading market, each day presents unique circumstances. Mondays are quiet, Wednesdays are active with triple overnight interest, and Fridays are exceptionally active with major data releases. Clea

Breakouts with strong momentum are challenging to catch. The purpose of the Super Breakouts Monitor is to identify such market conditions. This indicator is inspired by a concept from renowned Technical Analyst Tushar Chande, who combines two highly adaptive indicators, VIDYA and the Dynamic Momentum Index (both his creations), to capture the early stages of a successful breakout. At Minions Labs, we've added our unique enhancements to adapt these great ideas for modern markets like stocks, cryp

Great utility tool where you can monitor in real time the Laverage of your account and the spread of the symbol This will know how to accurately identify the data, to be able to know, for example, if you have a Prop Firm account, to know the correct Laverage and if the spread is manipulated, etc. to make a precise lotage Combination of leverage and spread indicator. Tools for automating checking the leverage and spread on your trading account. Working in All broker forex stock. Useful to mon

Discover the power of volume analysis with our volume profile indicator for Metatrader!   /   MT4 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of

ThreeLine Strike Indicator for MetaTrader 5 (MT5). This advanced tool is designed to help you identify potential reversals in the market with precision and ease. Whether you are a beginner or an experienced trader, this indicator can enhance your trading decisions and maximize your profits. Contact me after purchase for guidance  Key Features: Accurate Reversal Signals : Detect potential trend reversals based on the three-line strike pattern, a proven candlestick formation in technical analysi

The Breakout Line in technical analysis serves as a crucial tool for understanding market dynamics and potential shifts in price direction. It's designed to highlight rapid accelerations or declines in the market's trajectory. Unconventional Analysis : The Breakout Line is not your typical technical indicator; it's tailored to capture swift market movements, offering a unique perspective on price trends. Angle of the Breakout Line : The sharper the angle formed by the Breakout Line, the stronger

I'm excited to introduce you to the fifth bar on   Martin Armstrong's  Forecast Array - The Trading Cycle . This innovative tool represents a transverse form of cyclical frequency analysis, offering a unique perspective on market trends. The model employs a color-coded system for easy interpretation. In this model, green signals the ideal timing for highs, red indicates ideal lows, and yellow signifies a convergence of highs and lows occurring simultaneously. This intuitive approach allows

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

High Low Swing (HLS) Indicator The HLS indicator is a technical analysis tool designed to identify swing highs and lows in the market, aiding swing traders in making informed decisions. It offers an adjustable "degree" parameter, allowing you to customize the sensitivity to strong price movements based on current market conditions. Features: •    Clear Buy/Sell Signals: The indicator plots signals directly on the chart, simplifying trade identification. •    Adjustable Swing Strength: The "

This script provides a moving average tailored for use as a signal line in a moving average crossover system. The moving average will maintain a divergence from the price during ranging markets, while aligning closely with a regular moving average during trending markets. Settings Length : Period of the moving average How to Use Moving average crossover strategies often incorporate a "signal" line, a slower moving average used to gauge the overall trend. This signal line works alongside a faste

IDixie is an indicator which shows open and close values of the American dollar index, DXY or "Dixie". The indicator is calculated from weighted values of 6 major symbols: EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, and USDCHF. In addition to "Dixie" values, the indicator also shows a moving average. You can set the period of the moving average. When bars of the indicator break through the moving average, this creates good opportunities to enter the market. As a rule, signals from this indicator are

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

Bollinger Bands %  or Bollinger Bands Percentage is one of the indicators used in the Sapphire Strat Maker - EA Builder . It is calculated using the following formula: Perc = (CLOSE_PRICE - LOWER_BOLLINGER) / (UPPER_BOLLINGER - LOWER_BOLLINGER) * 100 Thus, by taking the difference between closing price to the lower band and dividing it by the difference of the upper and the lower price levels of a Bollinger Bands indicator, we can calculate this indicator. It shows how far the price is f

The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader4 Version   |   All Products   |   Contac

Expected Range is a great tool for understanding the possible price deviation from daily open price.  This Indicator can be interpreted as follows --> I want to identify a price level with an "x%" probability of the price revisiting it.  Then you choose these "x%" price levels and the indicator is gonna find them for you.  So for example, if you select value of 15, it means that the indicator is gonna find you a price level which has a 15% chance of price revisiting it.  You can choose up

This particular moving average adjusts to the average number of highest highs and lowest lows recorded over a defined period, thereby accommodating changes in trend strength. Utilizing this moving average in a crossover system or as dynamic support/resistance can yield compelling outcomes. Configuration: Length: Determines the indicator's period, with larger values delivering smoother outcomes. Application: The Dynamic Trend Adaptive Moving Average functions akin to conventional moving averages,

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

Probability emerges to record higher prices when oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or trough -

Description of work The 'MA7 Clover' indicator is based on candle shapes. Shows the 'Pin Bar' candle pattern. Detailed information about the 'MA7 Clover' indicator. Indicator settings General settings: Min body size ; Max body size ; Min nose size ; Max nose size . Message settings: Send message to the terminal (Alert) – permission to send messages to the terminal using the Alert function; Send message to the mobile terminal (Push) – permission to send messages to the mobile terminal using

This DYJ PowerSignalSource is a complete trading system based on ATR technical indicators. This indicator will analyze and record the trend intensity of each cycle and current currency pair from M1-MN DYJ PowerSignalSource creates a trend intensity and entry point signal list display by evaluating this data. When the trend percentage reaches 75% or greater, we consider it a strong currency. If the trend intensity percentage reaches 100%, we consider it the strongest, and a warning will pop up

Welcome to the next level of trading sophistication with the Bollinger Bands Scanner for MT5! Elevate your trading experience and unlock enhanced insights and efficiency with our powerful MT5 indicator. Key Features: Effortless Bollinger Bands Scanning: Seamlessly harness the power of the Bollinger Bands Scanner to scan multiple assets effortlessly. Receive instant alerts when specific Bollinger Bands conditions are met, ensuring you're always ahead of market movements. Comprehensive Dashboard I

Probability emerges to record higher prices when oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or trough - a

The Squeeze Index aims to measure the action of price being squeezed, and is expressed as a percentage, with higher values suggesting prices are subject to a higher degree of compression. Settings Convergence Factor: Convergence factor of exponential envelopes. Length: Period of the indicator. Usage Prices being squeezed refer to the action of price being compressed within a tightening area. Prices in a tight area logically indicate a period of stationarity, price breaking out of

To download MT4 version please click here. - This is the exact conversion from TradingView: "Sentiment Range Ma" By "ChartPrime". - This is a non-repaint and light processing load indicator - You can message in private chat for further changes you need. - All input options are available. - Buffers are available for processing within EAs. - Highlight option is omitted as does not show good in Metatrader. 

To download MT4 version please click here . - This is the exact conversion from TradingView: " PA-Adaptive Hull Parabolic " By "Loxx". - This is a non-repaint and light processing load indicator - You can message in private chat for further changes you need. - All input options are available. - Buffers are available for processing within EAs. - Highlight option is omitted as does not show good in Metatrader. 

1. CONSTITUTION Salmon Momentum is an indicator consisting of two momentum oscillators (Waterfall and Salmon) and three dynamic bands (upper, middler and lower). 2. OPERATION CONDITIONS Buy signal:   When the Waterfall [thick line] is above the upper band.   Salmon [dotted line] crosses the upper band from the lower band. Sell signal:   When the Waterfall [thick line] is below the lower band.   Salmon [dotted line] crosses the lower band from the upper band. Use a trend filter, for example, EMA

indicator is no repaint trend indicator. when white stars up to Red histogram that is probably end of long trades. when White stars up to Blue histogram that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.

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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

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

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.

"Introducing NakaTrend: Your Ultimate Trend Detector for MetaTrader 5! Ready to revolutionize your trading experience? Meet NakaTrend, your go-to indicator for identifying trend changes with precision and ease. With NakaTrend, you'll never miss another opportunity to capitalize on market shifts. When a bullish trend emerges, NakaTrend signals it with a green dollar sign, prompting you to enter a buy order. And when the tide turns bearish, a red dollar sign appears, signaling the perfect mom

Moving Average Scanner is a multi-timeframe scanner perfect for seeing the trend over several time frames at a glance without changing the chart. It can use up to 4 moving averages of your choice over 9 time units. It is fully configurable and can be moved anywhere on the graph by simply “drag and drop”. Moving averages can be configured in 4 different calculation methods. You can also set alerts based on the number of moving averages and the number of periods. MT4 version here. Inpu

Trend Chart Histogram is an indicator based on an algorithm using two moving averages and several oscillators. Thanks to its color code, it allows you to quickly identify the trend and take advantage of the biggest market impulses. Light colors indicate the trend, dark colors define impulses and gray indicates that you should not enter the market. It will be a very good ally in your decision-making, combined with your other indicators. MT4 version here. Please note, free indicator until 05/1

The Fair Value Gap Detector is a MetaTrader 5 indicator designed to identify and draw rectangles on the chart wherever fair value gaps (FVGs) are detected. Fair value gaps occur when there is a significant disparity between the current price and the fair value of an asset. These gaps can provide valuable insights into potential trading opportunities, as they often indicate overbought or oversold conditions in the market. Key Features: FVG Detection: The indicator utilizes a proprietary algorith

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

Contact me for instruction, any questions! Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The second thing that the breakout and retest strategy does

Trap Play  refers to a market situation where price initially makes a new high or low, luring traders into believing a strong trend is forming. However, the price quickly reverses and invalidates the breakout, trapping those traders who entered positions based on the initial move. This sudden reversal often results in a rapid exit of positions, leading to significant price movement in the opposite direction.  Trap plays  can occur in various financial markets and timeframes and are characterized

Higher Timeframe Chart Overlay will display higher timeframe candles, including the number of candles high/low you specify. You no longer need to switch timeframes to check the candles. Everything can be shown in one chart. MT4 Version :  https://www.mql5.com/en/market/product/115680 Almost everything can be change as you want. You can change/set: - Choose different colors for the body and top/bottom wicks. - Panel's height and width. - The width of the body and wicks - Change backgrou

This is my version of Currency Strength Meter.  One of the best indicators for spotting weak and strong currencies. Based on the information obtained, its very simple to decide which currency buy and which sell.  It is very simple to use, but extremely effective.  General rules are: - Buy currencies above level 0  - Sell currencies below level 0 You can also mix the main currencies together -->  EURUSD > 0 and USDJPY < 0  --> BUY on EURJPY 

Higher Timeframe Chart Overlay will display higher timeframe candles, including the number of candles high/low you specify. You no longer need to switch timeframes to check the candles. Everything can be shown in one chart. Get Full Version -  https://www.mql5.com/en/market/product/115682 Please feel free Contact me if you have any questions   regarding    this tool. 

1. CONSTITUTION Goby Momentum it consists of two oscillator and three dynamic bands (upper, middler, lower). The inputs can be used to adjust the oscillators, the dynamic bands and the alert signals. 2. UTILITY This indicator detects the exhaustion of correction movements within a trend, thus giving entry points for new trades. Entry signals can be generated for both smaller timeframes (>M5) and larger ones (<H1). 3. OPERATION CONDITIONS Buy signal: When the Waterfall [thick line] is above the u

ST Ultimate Rectangle Introducing our latest MT5 indicator: the upgraded Rectangle Object Indicator. This powerful tool boasts an enhanced rectangular object, allowing for simultaneous color fill and outlining. Plus, it offers the flexibility to display prices conveniently at both the top and bottom of the rectangle. Streamline your trading analysis with this versatile indicator, designed to provide clarity and precision in every trade. We value your input in further refining our indicator

Pips Hunter PRO   has been developed over several years and is an improved version of its predecessor. This powerful indicator analyzes the market and price history to generate buy and sell entries. For the calculation of these entries it uses different indicators that work together as well as a complex statistical logarithm that filters out less favorable entries and eliminates them /   MT4 version . The price will progressively increase due to the constant search to maintain a high level of e