Technical Indicators for MetaTrader 5 - 14

Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and deter

Synthetic Volatility Index Indicator for MetaTrader 5 The Synthetic Volatility Index Indicator for MetaTrader 5 serves as a technical tool tailored to assess market volatility levels. Rather than issuing straightforward buy or sell alerts, this indicator offers a contextual understanding of price behavior. A reading below the 1.00 threshold typically suggests bullish potential, while values rising above 0.00 are often interpreted as early signs of bearish momentum. «Indicator Installation & User

This Indicator creates a heatmap based on depth of market of the current symbol or another symbol. Other symbol is useful when you trade futures market and a contract has 'mini' and 'full' split. For example, in Brazil (B3 - BMF&Bovespa), WDO and DOL are future Forex contract of BRL/USD (where 1 DOL = 5 WDO) and big banks work mostly with DOL (where liquidity is important). Please use with M1 timeframe , objects are too small to be displayed at higher timeframes (MT5 limit). The number of level

Slightly changed for speed. testers are required for a new adviser, who is interested, write to me by e-mail 777basil@mail.ru https://backoffice.aurum.foundation/u/DHXP1U The indicator is calculated based on price changes in the history and is calculated mathematically, recalculated each time the data is received again. It can be used on different timeframes. From the borders of the indicator in 70% there is a change in the direction of price movement, or consolidation. In this way, you can tr

JCAutoFibonacci 简繁自动绘制斐波那契 1.Zigzag3浪，大中小三浪分别代表市场潮流、趋势、涟漪，以不同参数实现。 使用自定义函数获取三浪高低点，以最近高低点作为绘制价格与时间。 2.Fibonacci，黄金分割线，水平线比例0、0.236、0.318、0.50、0.618、1.0、1.236、1.382、1.50、1.618、2.0等。 斐波那契返驰理论包括：反弹/回调现象、反转现象。合理绘制Fibonacci获取市场有效SR。分别绘制三浪。 3.自定义Fibo颜色，自定义水平线比例（0为不显示），自定义水平线颜色，自定义可选择，自定义右射。 备注：如遇使用问题，请联系邮箱：1093573090@qq.com

The Period separators indicator separates time periods, specified by user. It supports all timeframes, greater or aliquot to current timeframe. In case of the incorect timeframe, the indicator modifies it to closest correct value. Additional bonus - the separation of non-standard time periods - MOON, MOON/2, MOON/4 (moon phases). The separators are plotted using the indicator's buffers. The indicator uses one graphic object for information about the progress and current bar properties. The graph

Woodies CCI Arrows Indicator for MetaTrader 5 The Woodies CCI Arrows Indicator for MetaTrader 5 (WCA) is a custom oscillator developed around the 14-period Commodity Channel Index (CCI). This tool combines inputs from multiple components including Turbo CCI, LSMA (Least Squares Moving Average), and EMA to generate actionable trading signals. When the CCI shows bullish momentum over six continuous bars, green histograms appear, and red bars emerge when bearish momentum is detected. A buy signal i

An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar’s high, and the low is higher than the previous bar’s low. Its relative position can be at the top, the middle or the bottom of the prior bar. The prior bar, the bar before the inside bar, is often referred to as the “mother bar”. You will sometimes see an inside bar referred to as an “ib” and its m

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 the correct

Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me In today's volatile financial trading landscape, accurately identifying support and resistance levels is crucial for traders to make informed decisions. Predictive Ranges Scanner Multi-TF is an advanced tool designed to assist traders in scanning and predicting future trading ranges acro

This indicator is the mql version of the   Smoothed   Heiken Ashi Candles. Heikin-Ashi charts resemble   candlestick charts , but have a smoother appearance as they track a range of price movements, rather than tracking every price movement as with candlesticks. Because the Heikin Ashi candlesticks are calculated based on averages, the candlesticks will have smaller shadows than a regular Japanese candlestick. Just like with regular Japanese candlesticks, with a Heikin Ashi candlestick, the sm

Presentation Another indicator that makes scalping on tick charts easier, it displays an Heiken Ashi graph in Ticks. It allows to detect entry points and trend reversals. Recommended  number of ticks in a candle : 5, 13 or 21. Parameters Ticks in candle: Number of ticks in a candle (default 5), Displays Trend arrows : displays a trend arrow based on EMA8 and EMA20 crossing, Displays MM50, Displays MM100, Max Candle (CPU): number of candles max to manage, low value will save ressources of your

The  Linear Regression Candles  indicator is a powerful tool that enhances traditional candlestick analysis by incorporating linear regression techniques. It helps traders visualize market trends more clearly by smoothing price movements and reducing noise. Unlike standard candles, Linear Regression Candles are dynamically calculated based on statistical regression, providing a clearer picture of the prevailing market direction. Key Features: • Trend Identification – Highlights the overall mar

RoundNumbers  indicator is a simple and powerful psychological price levels. Trader usually use these levels as a  Support and Resistance (SnR). Indicator Input: Levels  - Numbers of levels drawn on chart.  Default 30 levels. BoxSize  - Box size drawn on each levels, indicate buffers around levels.  Default value 1pips (10point) above and below each levels. ZoneSize  - Distance between each levels,  default value 10pips (100point). Style & Colours  - User inputs customization. For MT4 version, p

The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread

Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates  method for utilizing the Square of 9 in conjunction with channels and the star pa

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 col

Balanced Price Range BPR Indicator ICT MT5 The Balanced Price Range BPR Indicator ICT MT5 is a specialized tool within the ICT trading framework in MetaTrader 5. This indicator detects the overlap between two Fair Value Gaps (FVG), helping traders identify key price reaction areas. It visually differentiates market zones by marking bearish BPRs in brown and bullish BPRs in green, offering valuable insights into market movements. «Indicator Installation & User Guide» MT5 Indicator Installation  |

Change in State of Delivery CISD MT5 The Change in State of Delivery Indicator is a specialized tool designed for ICT-style trading, available for MetaTrader 5 (MT5). This indicator helps traders detect CISD levels under different market conditions and generates buy and sell signals, highlighting potential trade setups directly on the chart. ICT traders can leverage this tool for in-depth chart analysis. «Indicator Installation & User Guide» MT5 Indicator Installation  |  Change in State of Del

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

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 free

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

[ MT4 Version ]  [ Order Blocks ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks :  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced o

[ MT4 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analysis

This indicator is based on the famous fractal indicator but with much customization  and flexibility , this is a powerful tool for identifying trend reversals and maximizing your profit potential. With its advanced features and user-friendly interface, it's the ultimate choice for traders of all levels.  MT4 Version :  Ultimate Fractals MT4 Features :  Customizable Fractal Candle count. Reversal Lines. Customizable Settings. User-Friendly Interface.  Main Parameters:  Candles On Left - number

Smart Money Technique Divergence for Crypto Indicator MT5 The Smart Money Divergence (SMT) Indicator for MetaTrader 5 is specifically developed to recognize divergence patterns using advanced trading methodologies. It capitalizes on price deviations among closely correlated assets to forecast potential market movements. This tool is highly effective in identifying divergence signals between various interconnected assets, such as digital currencies or financial indices. These anomalies frequentl

Fair Value Gap (FVG) Indicator for MetaTrader 5 The Fair Value Gap (FVG) Indicator is an effective tool designed to spot trading opportunities in MetaTrader 5 by identifying imbalances in supply and demand. These imbalances, known as FVGs, emerge when the price moves aggressively. To explain simply, imagine three candlesticks: the gap between the first and third candlestick forms the " FVG ." This indicator highlights these gaps as dynamic boxes—green for bullish FVGs and red for bearish FVGs.

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.

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "Moving Average Lines Crossover with Alert" is a valuable technical analysis tool designed to help traders identify potential trend reversals and trading opportunities. Seamlessly integrated into your trading platform, this indicator empowers you with essential data to make well-informed trading decisions. Spot Trend Reversals: Utilize the pow

The Expert Advisor for this Indicator can be found here:  https://www.mql5.com/en/market/product/115567 The Contraction/Expansion Breakout Lines with Fair Value Gaps (FVGs) Indicator for MetaTrader 5 (MT5) is a powerful technical analysis tool designed to help traders identify and visualize breakouts at critical levels of contraction and expansion in financial markets. By incorporating Fair Value Gaps (FVGs), this indicator enhances traders' ability to gauge market sentiment and anticipate poten

This is an extension indicator that allows the user to select any second time-frame from 1 to 60 second without any multiplier limitaion (ex, 7 seconds, 13 seconds ... are all allowed).  There is only one input called Interval that allows you to set the seconds timeframe you want given is in the range above. You can use indicators on that new time frame with no problems and also build your EAs based on any second timeframe. I hope this is useful, please let me know any bugs you find! Note: Since

Volume Thermal Vision Basic is the simplified version of the renowned Volume Thermal Vision indicator, designed for traders looking to analyze volume intensity with practicality and efficiency. With 6 levels of vibrant colors, choose from StealthMode, NightVision, and FrostVision modes to view volume data clearly and strategically. Perfect for beginners or as a complement to your analysis, this indicator is lightweight, intuitive, and ideal for optimizing your trading decisions. Upgrade to the f

First of all Its worth emphasizing here that this Trading System is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. Online course, user manual and demo. The "Smart Support and Resistance Trading System" is an advanced indicator tailored for  new  and  experienced  traders. It empowers traders with precision and confidence in the forex market. This comprehensive system combines 7+ strategies, 10 indicators, and various trading approaches, i

Better Period Separators For MetaTrader 5 The built-in period separators feature doesn’t allow users to specify the time period, so you can use this indicator to create more customizable period separators. On intraday charts, you could place period separators at a specific time, you could also place extra period separators at a specific time on Monday to mark the start of a week. On higher timeframe charts, this indicator works the same as the built-in period separators, On the daily chart, per

Complete Stochastic Indicator for MT5 The Stochastic Indicator is a commonly used momentum-based tool in MetaTrader 5, designed to help traders analyze market trends and detect potential price reversals along with overbought (Buy) or oversold (Sell) situations. This version, known as the Complete Stochastic Indicator for MT5 , enhances the basic stochastic model by including three dynamic lines: %K, %D, and Slow K, all oscillating between 0 and 100. «Indicator Installation & User Guide» MT5 Indi

This indicator displays the wave structure of the market in the form several wave levels nested in each other. For each of these levels an automatic preliminary (draft) marking of waves in Elliott's style (123..., ABC... etc.) is created. This markup is completely automatic and absolutely univocal. The indicator is especially useful for beginner wave analysts, because among all the possible versions for wave marking, it allows you to immediately take the most adequate version as a ba

Speed resistance lines are a powerful tool for determining trend and resistance lines. The indicator builds lines using chart extremes and special mathematical formulas. The indicator can be used to determine the trend direction and pivot points. <----------------------------> Indicator Parameters: "Depth of search" - depth (in bars) of the search for chart extremes "Back step of search" - minimum distance (in bars) between extremes "Deviation of price" - permissible price difference between

The indicator synchronizes eight types of markings on several charts of one trading instrument. This indicator is convenient to use in conjunction with "Multichart Dashboard" or other similar assistant that allows you to work with several charts at the same time. "Multichart Dashboard" can be found under the link on my youtube channel. Settings: enable vertical line synchronization enable horizontal line synchronization enable Trend Line synchronization enabling Fibonacci Retracement synchron

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

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 conté

This auxiliary indicator displays time left before closing on the current timeframe with continuous update . It also shows the last trade price and variation from a previous day close in percentage and points. This indicator is pretty handy for daytraders and scalpers who want to precisely monitor closing and opening of candles. Indicator parameters Show in shifted end - Default: False. Display time and values on screen. If True, Displays only time to close aside last candle. Distance from the

The Indicator is based on Commodity Channel Index (CCI) coded on Volume. The concept is to try and analyze the movement of Volume and Price in a certain direction Concept: If the Price of the indicator moves below the threshold price, it turns RED indicating the direction downwards is getting strong. If the Price of the indicator moves above the threshold price, it turns GREEN indicating the direction upwards is getting strong. The moving average acts as a great filter to decide entry/exit poi

Initial Balance Indicator for MQL5 The Initial Balance Indicator is a powerful trading tool for the MetaTrader 5 (MT5) platform that helps traders analyze market structure by marking the Initial Balance (IB) range of a trading session. This range is typically formed during the first X minutes of a trading session (e.g., the first hour in futures markets) and acts as a key reference for potential price movements. Key Features: Customizable Time Period: Define the exact start and end time for the

Draw and Sync Objects Multiple Charts 1. Draw objects by key press. ( You must: 1.  Press Function key => 2. Click where you want to draw => 3. Draw it => 4. Press ESC to complete). (If you don't want to draw after pressing function key, you must press ESC to cancel). 2. Developing  : Sync selected objects to multiple charts by button. 3. Developing: Hide objects that do not belong to the current symbol (Objects drawn with this indicator will belong to the symbol they are plotted on. When your c

Extreme  Breakout Signal   is a trading strategy based on price breaking through key support or resistance levels. It indicates potential trend shifts, allowing traders to capture new upward or downward movements. Parameter extreme radius：   extreme radius（ Different parameters can be set for different periods ） Key Principles Support & Resistance : Prices often reverse near these levels; breaking them may signal a new trend. Confirmation : Use volume or other indicators to verify the breakout's

KT Trend Trading Suite is a multi-featured indicator that incorporates a trend following strategy combined with multiple breakout points as the entry signals. Once a new trend is established, it provides several entry opportunities to ride the established trend successfully. A pullback threshold is used to avoid the less significant entry points. MT4 Version is available here  https://www.mql5.com/en/market/product/46268 Features It combines several market dynamics into a single equation to

RRR with Multiple Orders Indicator MT5 The RRR with Multiple Orders Indicator MT5 is a powerful utility in the MetaTrader 5 platform that calculates and displays the risk-to-reward ratio for active trades. Especially useful for traders who manage several open positions simultaneously, this indicator helps monitor and control risk exposure more effectively. It shows the R/R values clearly inside a box located in a corner of the chart window, making real-time evaluation of trades easier. «Indicato

Short Introduction to Forex Time Zone Welcome to a new free professional tool— Forex Time Zone . Pro traders understand how important time is in forex trading. Every second, some markets around the world open while others close, impacting market volatility and influencing the movement of individual currencies. This tool helps traders easily identify which market is open right now and the current time zone. How Does It Work? Simply choose your time zone based on your country and attach the indic

Power Trend Indicator for MetaTrader 5 The Power Trend Indicator for MetaTrader 5 is a dynamic trading utility designed to help traders pinpoint both the direction and momentum of ongoing market trends. This oscillator uses a color-coded histogram to visually represent trend strength. A red bar signifies a trend shift, blue indicates mild trend activity, green denotes strong momentum, and black reflects a flat or indecisive market. It's particularly useful for spotting trend reversals and rapid

M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hits TP

TK - Rainbow Indicator Description: The TK - Rainbow indicator is a robust tool for technical analysis, designed to provide a clear view of market trends through a multi-line approach. With 30 lines calculated at different periods, it offers an extensive analysis of price movements. The indicator uses a dual-color scheme to highlight upward and downward trends, making it easy to interpret market conditions at a glance. Key Features: 30 Lines: Each line represents a different smoothing period to

Welcome to HiperCube Renko Candles Discount code for 25% off at Darwinex Zero: DWZ2328770MGM 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 

This indicator can be considered as a trading system. It offers a different view to see the currency pair: full timeless indicator, can be used for manual trading or for automatized trading with some expert advisor. When the price reaches a threshold a new block is created according to the set mode. The indicator beside the Renko bars, shows also 3 moving averages. Features renko mode median renko custom median renko 3 moving averages wicks datetime indicator for each block custom notification

Super Trend Alert Indicator for MT5 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT4 version here Key features of the Super Trend Indicator include: Advanced trend analysis with real-time market scanning to detect potential trend directions. Real-time alerts that not

Pivot Point Supertrend (corresponds to Pivot Point Super Trend indicator from Trading View) Pivot Point Period:    Pivot point defined as highest high and highest low... input 2 = defining highest high and highest low with 2 bars on each side which are lower (for highest high) and are higher (for lowest low calculation) ATR Length  : the  ATR  calculation is based on 10 periods ATR Factor: ATR multiplied by 3

The Donchian Channel Channels are among the most popular tools of technical analysis, as they visually convey to the analyst the limits within which most price movement tends to occur. Channel users know that valuable information can be obtained at any time, whether prices are in the central region of a band or close to one of the border lines. One of the best known techniques to explore these concepts is Bollinger Bands. However, John Bollinger was not the only one to research the application

Experience the power of Demark Trends Indicator for comprehensive trend analysis and trading insights. Demark indicators are renowned for their effectiveness in assessing market trends and exhaustion points. Our Demark Trends Indicator takes this expertise to the next level, automatically drawing precise trendlines on your charts. With customizable parameters, including the number of candles in calculations, alarm settings, and line colors, you have full control over your analysis. Whether you'

This indicator uses historical volatility and a 21-period moving average to define the price distortion in relation to the average. The calculation of historical volatility was based on the book (Odds: The Key to 90% Winners) written by Don Fishback. A Volatility Index with a value greater than 30 may indicate that the price is distorted from its fair price. QUESTIONS ABOUT THE  INSTALLATION OF PRODUCTS AT META TRADER You can also find some instructions on how to install a robot in the Me

Blahtech Moving Average indicator is a multitimeframe version of the standard Moving Average indicator. It is also enhanced with customisable alerts, period breaks and other configuration options. The 50 day and 200 day moving averages are widely followed by investors and traders, with breaks above and below the MA lines considered to be signals of interest. Links [  Install  |  Update  |   Training   |   All Products  ] Feature Highlights Up to three timeframes Configurable calculation variabl

When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther higher prices.   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. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough

Fair Value Gap Sweep is a unique and powerful indicator that draws fair value gaps on your chart and alerts you when a gap has been swept by the price. A fair value gap is a price gap that occurs when the market opens at a different level than the previous close, creating an imbalance between buyers and sellers. A gap sweep is when the price moves back to fill the gap, indicating a change in market sentiment and a potential trading opportunity. Fair Value Gap Sweep indicator has the following

A heatmap is a graphical representation of data in two dimensions, using colors to display different factors. Heatmaps are a helpful visual aid for viewers, enabling the quick dissemination of statistical or data-driven information. The MP Heatmap indicator provides a graphical representation of the relative strengths of major currencies compared to others, organizing data from pairs into color-coded results and producing a clear overview of the entire Forex market. The MP Heatmap indicator dis

The indicator displays a renko chart and a supertrend indicator in real time. After installing the indicator, the window will display the Renko chart and the supertrend indicator in the same window. This allows you to more clearly and visually see the entry and exit points when a trend reversal occurs. The signal to open a position is the intersection of the Renko candlestick of the supertrend indicator point and the appearance of the opposite signal of the supertrend indicator. The indicator

VWAP (Volume Weighted Average Price) is a technical analysis indicator that shows the average price of an asset, weighted by trading volume, over a specified time period. It is calculated by dividing the total dollar value traded (price × volume) by the total volume. Formula: VWAP =  sum(PRICE*VOLUME)/sum(VOLUME)​ ​ MM vwap have option to set up to 4 bands with points offset, or % of standard deviation. Indicator will be updated in future.

HiperCube Market Profile ! Discount code for 20% off at Darwinex Zero: DWZ2328770MGM_20 A Market Profile is   a graphical representation that combines price and time information in the form of a distribution . It displays price information on the vertical scale (y-axis) and volume information on the horizontal scale (x-axis). This chart type provides insights into market activity, allowing traders to visualize and evaluate fair market value in real-time. Features: Custom Colors Custom Chart Cl

KT Renko Patterns scans the Renko chart brick by brick to find some famous chart patterns that are frequently used by traders across the various financial markets. Compared to the time-based charts, patterns based trading is easier and more evident on Renko charts due to their uncluttered appearance. KT Renko Patterns features multiple Renko patterns, and many of these patterns are extensively explained in the book titled Profitable Trading with Renko Charts by Prashant Shah. A 100% automated

Place price Alerts on extended Rectangles and Trendlines - Risk reward indicator MT5 Extend Rectangles & Trendlines to the right edge Mark your supply demand zones with extended rectangle and draw support resistance lines with extended trendline. Find detailed manuals   here .  Find contacts on my   profile . MT4 Rectangle extender indicator will simplify and make it easier for you to analyze markets and stay notified about important events. When you extend rectangle or trendline the action butt

SuperTrendAshi Description SuperTrendAshi is an advanced and optimized version of the SuperTrend indicator that incorporates Heikin Ashi calculation to provide smoother and more reliable signals. This unique combination results in an indicator that reduces false signals and identifies trends with greater precision. Key Features Combines the strength of SuperTrend with Heikin Ashi smoothing More stable signals with less noise Intuitive color system (Aqua for uptrend, Magenta for downtrend) Custo

Like most things that work in trading, it's really simple. However, it's one of the most powerful tools I have that makes entries of many systems much more precise.   In its essence, it measures the recent volatility against the medium-term average. How does it work? Markets tend to be prone to strong trending movements when relative volatility is low and tend to be mean-reverting when relative volatility is high.   It can be used with both mean-reversion systems (like the Golden Pickaxe) and mo

The Alert Arrows RVI indicator is an advanced version of the Relative Vigor Index (RVI), augmented with alert arrow functionality. It can identify potential support and resistance levels, providing traders with valuable insights into market dynamics. Key Features: Alert Arrows: Integrated alert arrows offer visual cues for potential trading opportunities. Additional Filters: Two extra filters are implemented to improve the indicator's readings, increasing the accuracy and reliability of signals