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Technical Indicators for MetaTrader 5 - 20
Phoenix Trend Strength Meter (MT5)
Market regime and trend strength analyzer for MetaTrader 5. Combines ADX, RSI, and Directional Movement into a single panel to classify market conditions in real time.
Purpose
Most traders fail not because of bad entries, but because they apply the wrong strategy to the wrong market regime. The Phoenix Trend Strength Meter helps traders instantly determine whether the market is ranging, developing a trend, in a strong trend, or entering exhaustion risk terr
FREE
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
FREE
Free Utility Tool by BlueDigitsFx
Designed to improve workflow and trade management
Also available for MetaTrader 4
Optional access to updates & support via the BlueDigitsFx Discord Server BlueDigitsFx Open Trades is a powerful MT5 tool that displays your total pips from all open trades in real time.
Its intuitive color-coded interface quickly indicates winning and losing trades across all currency pairs.
This helps you monitor your trade performance effortlessly, enabling faster decision-
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Timeframe Simulator Indicator This indicator redraws candlestick structures from a higher timeframe onto your current chart. It helps visualize higher-period price action without switching timeframes, making it easier to analyze trends and key levels while trading on lower timeframes. Main features: Customizable Candles – Adjust the appearance of higher timeframe candles (bull/bear colors, wick style, gaps, and history length). Higher Timeframe Lines – Optionally display dynamic high, low,
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Development of the previous version of the indicator ZigZag WaveSize MT4 ZigZag WaveSize - modified standard ZigZag indicator with added information about wave length in points, levels, and different alert logic
General Improvements: Code adaptation for MetaTrader 5 Optimized work with graphical objects New Features: Horizontal levels at extremes Selection of level types: horizontal/rays/segments Filter for liquidity levels (not broken by price) Buffer for breakouts: adjusting sensitivity to f
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The Range Filter Buy and Sell indicator is a trend-following technical analysis tool designed to identify optimal entry and exit points in the market. It filters out market noise by creating dynamic bands around price movements, generating clear buy and sell signals when price breaks through these bands. Key Features Dynamic Range Filtering : Uses a sophisticated algorithm to calculate adaptive bands that adjust to market volatility Trend Identification : Clearly visualizes the current trend dir
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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
FREE
Linear Regression Channel Pro The ultimate tool for statistical trend analysis. Automatically identifies the "Fair Value" of price and volatility extremes. Overview Linear Regression Channel Pro is a professional-grade indicator that automatically draws and updates the Linear Regression Channel for the current market trend. Unlike standard indicators that curve like Bollinger Bands, this tool draws precise straight-line channels based on the "Least Squares" mathematical method. It is designed fo
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MOVING AVERAGE RIBBON Ritz MA Ribbon Dynamics – The Next-Gen Trend Visualizer Ritz MA Ribbon Dynamics is a futuristic multi-layer Moving Average system engineered to visualize trend momentum, volatility balance, and market rhythm in one adaptive ribbon.
Designed for modern traders who demand clarity, flexibility, and automation — this tool transforms the classic MA visualization into a dynamic analytical framework. Core Concept The indicator creates a multi-tier MA Ribbon that adapts to the cho
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Boom and Crash Buy and Sell Trend. Non-repaint. Can be used on all timeframes 1 minute for scalpers. 5 minute to monthly timeframe for swing trading. works on all boom and crash pairs Crash300, Crash500, Crash1000. Boom300, Boom500, Boom1000. Green histogram colour means the trend is up(bullish) Buy signal. Dark orange histogram colour means the trend is down(bearish) Sell signal.
RSI OHLC Candles – Advanced RSI Visualization RSI OHLC Candles is a professional and advanced indicator that transforms the Relative Strength Index (RSI) into a dynamic OHLC candlestick or RSI line representation in a separate window, providing a clearer and more precise view of market momentum. The indicator calculates RSI values based on Open, High, Low, and Close prices, then displays them as candlesticks that visually reflect market strength and weakness. It can also display RSI as a trad
Who is he?: Peter Tuchman, a stock trader on the NYSE.
Why is he famous?: He's known as the "Einstein of Wall Street" because of his physical resemblance to the famous trader and his hairstyle. He's frequently photographed by the media, earning him the nickname "the most photographed trader on Wall Street." His image is often used to illustrate market volatility. Career history: He started in 1985 as a telegraph operator and has held various positions before becoming a stockbroker.
AND THIS I
FREE
Ultimate Oscillator (UO) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is the Ultimate Oscillator? The Ultimate Oscillator (UO) was developed by Larry Williams to capture momentum across three different timeframes simultaneously, reducing the false signals that arise from using a single per
FREE
Indicator Description (based on AVPT EA ):
This indicator visualizes a Volume Profile-based liquidity architecture on the chart by analyzing where trading volume is concentrated across price levels over a specified lookback period. It calculates key volume structures such as:
Point of Control (POC): the price level with the highest traded volume.
Value Area (VA): the range containing a configurable percentage of total volume (typically ~70%).
High-Volume Nodes (HVNs): price levels with sign
FREE
Ritz Volume Statistic – Color Volume Histogram & Market Flow Insight Ritz Volume Statistic is a clean and powerful volume analysis indicator designed to visualize bullish and bearish market pressure through a dynamic color-graded volume histogram . The indicator transforms raw tick volume into an intuitive color spectrum , allowing traders to instantly identify volume expansion, exhaustion, and dominance shifts between buyers and sellers. A built-in statistical panel summarizes total volume, bul
FREE
[ZhiBiDW Trend] is a simple, intuitive and effective indicator of trends and shocks. It is suitable for chart periods of more than 15 minutes and less than 4 hours, suitable for all market varieties.
Buy signal: A blue up arrow appears; the arrow will appear with a preset price for Stop Loss and Take Profit.
Sell signal: A red down arrow appears; the arrow will appear with a preset price for Stop Loss and Take Profit.
Parameter setting description:
[Send_Alert]: This is the alarm switch, set
FREE
Cypher Pattern Detector A tool for automatic detection of Cypher harmonic patterns (XABCD) in financial charts. Overview The Cypher Pattern Detector identifies both bullish and bearish Cypher harmonic patterns in real time. It applies Fibonacci ratio validation and a quality scoring system to highlight patterns that closely match the defined structure. This helps traders observe and analyze potential market structures more consistently, without the need for manual drawing. Main Features Pattern
FREE
Stop Loss Pro – Precision Risk Management for Every Trader
Stop Loss Pro is a powerful, free MetaTrader indicator designed to take the guesswork out of risk management. Built on advanced market structure analysis, it automatically identifies and displays the most reliable stop‑loss levels directly on your chart. With this tool, traders can protect their trades with confidence, knowing that each suggested level is backed by a blend of technical logic, volume dynamics, and volatility filters. Ho
FREE
Phoenix ATR Volatility Meter (MT5)
Real-time volatility monitoring tool for MetaTrader 5. Uses Average True Range (ATR) to display current market volatility on your chart.
Purpose
Market volatility directly impacts stop placement, position sizing, slippage, and strategy effectiveness. Trading without awareness of volatility often leads to oversized risk in fast markets or wasted opportunities in quiet conditions.
The Phoenix ATR Volatility Meter calculates ATR using current chart data and d
FREE
Introduction
One of the patterns in "RTM" is the "QM" pattern, also known as "Quasimodo". Its name is derived from the appearance of "Hunchback of Notre-Dame" from Victor Hugo's novel. It is a type of "Head and Shoulders" pattern.
Formation Method
Upward Trend
In an upward trend, the left shoulder is formed, and the price creates a new peak higher than the left shoulder peak . After a decline, it manages to break the previous low and move upward again. We expect the price to
Graph configuration and buy and sell signals based on Stormer's (Alexandre Wolwacz, Brazilian trader) swing, position and day trade strategy, described on his youtube channel (https://www.youtube.com/watch?v= 0QZ_NjWkwl0)
The buy and sell indications are based on 2 candle patterns ( Inside Bar [Yellow] and Reversal Closing Price [Blue and Red] ), 3 Moving Averages and 1 Stochastic .
Indicators: Inside Bar - Candle pattern indicating trend continuity, or reversal Reversal Closing Price - Cand
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ONLY DEMO ACCOUNT Live Versión Here : https://www.mql5.com/en/market/product/170738 ADX System is an advanced trend-strength and momentum confirmation indicator built on ADX and Directional Movement logic. It transforms traditional ADX data into a structured visual system that helps traders identify: • Trend initiation
• Strength acceleration
• Buy/Sell confirmation phases
• Momentum shifts
• Continuation zones The indicator features a two-step confirmation process (Alert → Confirmation), a
FREE
Smart OrderBlocks Indicator for MetaTrader 5 A Differentiated Vision and a Bit of Price Action! Smart OrderBlocks is an advanced indicator that reveals market structure from a unique perspective through intelligent supply and demand zone detection. Key Features OrderBlocks Detection Internal OrderBlocks : Capture micro-level market dynamics Swing OrderBlocks : Identify macro market momentum trends Advanced Volatility Intelligence Volatility detection using: Adaptive Average True Range (AT
FREE
This indicator finds Double Top and Double bottom Example : What is Double Top When price establishes a new high and then falls, then reverse to the same candle area of High then its considered a valid double top and vice versa for double bottom. 1. It plots and high and low on visible chart if ChartChange is set to true else it searches on new bar opening
2. If there is double top and double bottom found in visible chart window then it plots a line 3. It has options to customize text color, tex
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Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Was: $99 Now: $49 Blahtech Daily Range indicator displays the average daily range alongside the individual session ranges. Using the daily open price as a reference the indicator shows fixed range and dynamic range targets as lines on the charts. These lines clearly show when the average range has been exhausted. Daily and session ranges can be useful for confirming entries or setting targets and is an excellent odds enhancer for many trading systems. Links [ Documentation | Install | U
Key Features of this Version: Multi-Timeframe (Vertical Stack): It creates 5 distinct units on the left side of the chart for M5, M15, M30, H1, and H4. Segmented Power Meter: The center bar uses a "grille" technique (drawing small background-colored lines over the fill) to create the segmented LED look from your image. Live Market Data: Price: Shows the current Bid price at the top of each box. Spread: Shows the live spread at the bottom of each box. Strength %: Calculates a weighted a
FREE
Dynamic Liquidity HeatMap Profile v3.0 — Dual POC System See where the real money is hiding .
Dynamic Liquidity HeatMap Profile maps institutional liquidity concentration zones directly on your chart — helping you identify key price levels where high market activity occurs and where large players are likely to defend their positions. What's New in v3.0 — Dual-Layer POC Engine The core innovation of this version is the two independent Points of Control running simultaneously: • POC Dinamis (Dy
Description
This is a sophisticated hybrid momentum indicator that combines the classic Williams %R oscillator with Bollinger Bands. Unlike standard Bollinger Bands that are applied directly to price, this indicator calculates the volatility bands based on a smoothed Williams %R value. By smoothing the raw WPR data before applying the standard deviation formula, the indicator filters out market noise and focuses on significant momentum shifts. When the smoothed WPR line breaks through the Bol
FREE
Product Name: Harmonic Confluence Indicator (Basic Edition) !!!—-Leave a 5-star review and receive a free indicator version with trade levels (limited to the first 20 people only)——!!! Headline: Automated Harmonic Pattern Scanner with Supply & Demand Confluence. Description: Unlock the power of geometric market structure with the Harmonic Confluence Indicator (Basic Edition) . This powerful tool is designed to automatically scan your charts for high-probability reversal zones based on validated
FREE
In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, it's not particularly intuitive or efficient, and has the potential for miscalculations.
Features Configurable ATR offset Upper and Lower Band. configurable ATR scaling factor alternate(non-chart) ATR timeframe explicitly defined input types to improv
FREE
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc.
If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us ( visit our profile ) and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark trad
MT4 Version : https://www.mql5.com/en/market/product/125434 MT5 Version : https://www.mql5.com/en/market/product/157662
MT4 ASSISTANT : https://www.mql5.com/en/market/product/107986
RALLY BASE RALLY (RBR), DROP BASE RALLY (DBR), DROP BASE DROP (DBD), RALLY BASE DROP (RBD), FAIR VALUE GAP (FVG) / IMBALANCE, HIDDEN BASE
Introducing the "Supply Demand MT4" Indicator – your ultimate tool for navigating the dynamic world of financial markets with precision and confidence. This cutting-edge Indica
Momentum indicator that precisely identifies the moment when fast momentum starts moving against the slower trend. When the fast line crosses the slow line, the market signals a potential change in direction. Colors indicate whether the current trend is aligned with or opposed to the movement. Simple, clean, and straight to the point. When the color change of the moving averages occurs simultaneously with the crossover, it forms a strong entry signal.
KT Higher High Lower Low marks the following swing points with their respective S/R levels: Higher High: The swing high made by the price that is higher than the previous high. Lower High: The swing high made by the price that is lower than the previous high. Lower Low: The swing low made by the price that is lower than the previous low. Higher Low: The swing low made by the price that is higher than the previous low.
Features The intensity of swing high and swing low can be adjusted by chan
Boom and Crash Spike Detector indicator is coded based on an advanced strategy primarily for detecting the Boom and Crash in the prices. Complex algorithms were implanted to detect high probability Booms and Crashs in the prices .
Key Features
Sends push notifications to mobile phone Pop up and sound alerts on computer or laptop Displays non repaint arrows (up arrows for Potential Boom and down arrows for Potential Crash) Working with all pairs.
Recommendation
Timeframe : H1 and H4 Recomme
This is a custom VIDYA-based trend-following indicator for MetaTrader 5 (MT5), enhanced with ATR-band logic to adapt to market volatility. It provides dynamic trend zones and intelligent direction switching to support better trading decisions.
Unlike traditional moving averages, this indicator uses a momentum-adjusted VIDYA (Variable Index Dynamic Average) and combines it with ATR-based bands to detect trend shifts with greater precision. Features
Volatility-Adaptive Trend Logic – Uses ATR ban
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CPR Pivot Lines It Will Draw Pivot Point R1,R2,R3 S1,S2,S3 Tc Bc Best Part Is That You Can Even Add Values Of High,Low,Close Manually Also To Get Your All Levels On Chart.So If Your Broker Data Of High ,Low ,Close Is Incorrect Then You Don’t Have To Depend On Them Anymore. You Can Even Modify All Lines Style. It Will Show Line In Floting Style And Not Continues Mess.
FREE
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
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"Candlesticks MTF 5" is an informational indicator that displays "Japanese Candlesticks" . The indicator analyzes and determines the opening and closing times of candles from higher time frames.
An algorithm has been developed for the "Candlesticks MTF 5" indicator that corrects the discrepancy between the opening and closing times of candles from higher time frames. For example, if the opening time of a candle on a weekly time frame is the 1st of the month, and on the smaller time frame this
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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 the ever-changing landscape of financial trading, accurately identifying and analyzing support and resistance levels is essential for making informed investment decisions. SnR Retest and Break Multi-Timeframe is a support and resistance indicator designed to enhance your trading analy
The XR Gartley Pattern MT5 is an indicator which displays and alerts Gartley pattern detected on the candlestick chart. It also displays potential trade with calculated Take Profit and Stop Loss. After purchasing XR Gartley Pattern Indicator, you can immediately download this indicator from the MT4-MT5 Market and start using it because all features are set to default, is not necessary to change any parameter. In addition, we have created a private group for customers who have purchased one of
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boom Spike Mitigation Zone Pro
A professional spike pattern indicator built for synthetic traders who scalp and swing Boom 500/300/1000/600/900with precision.
This indicator: Detects powerful 3-candle spike formations (Spike → Pullback → Spike) Automatically draws a clean box around the pattern Marks the entry price from the middle candle Extends a horizontal mitigation line to guide perfect sniper entries Automatically deletes & redraws the line once price touches it (mitiga
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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.
FREE
BUY and SELL smart The BUY and SELL Smart Indicator is a next-generation trading tool engineered for precision scalpers, intraday strategists, and professional analysts who demand both speed and clarity in market visualization. It seamlessly integrates smart candle-based analytics, adaptive ATR logic, and real-time economic event awareness — giving you a fully synchronized view of market volatility and momentum. Through an elegant and optimized interface, FlashScalp delivers instant signal fee
The Supertrend indicator is a trend-following technical analysis tool designed to help traders identify the direction of market trends and potential entry/exit points. It operates based on price data and Average True Range (ATR) to create a dynamic signal line that changes color depending on the current trend. Green color: Indicates an uptrend. Red color: Indicates a downtrend. Supertrend is a useful indicator for both short-term and long-term trading, helping to filter out market noise and focu
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AOT Ultra Neural: High-Velocity Scalping Indicator (MT5) AOT Ultra Neural is an advanced momentum engine designed for precision scalping. Moving beyond traditional lagging indicators, it utilizes proprietary "Alpha Pulse" logic to identify institutional liquidity gaps and high-frequency price velocity. It is built specifically for traders who prioritize rapid entry and exit in volatile markets. Core Methodology: The Neural Advantage Unlike static math-based indicators, the AOT Ultra Neural trea
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Shaolin Trend Follow v2.1
Optimized for EURUSD on MetaTrader 5 A lightweight, purely signal-only indicator that follows a strict top-down workflow: it first confirms the dominant swing on H4, then waits for volatility-adjusted entry engines on M15. No automated orders or money management—just clear / markers when conditions align, so you can act as you see fit. H4 Trend Confirmation Parabolic SAR + ADX filter ensures only established up- or down-trends pass through. M15 entries are only enab
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Advanced Market Analysis Tool : Dive into market depth with the MT5 Volume Profile Indicator. Seamless MT5 Integration : Perfectly compatible with the MT5 platform. Enhances Pro Thunder v9 : Integrates smoothly with Pro Thunder v9 for deeper market insights. Detailed Volume Analysis : Explore market dynamics through in-depth volume data. ️ Simple Installation : Easy-to-follow setup steps for quick integration with MT5. Efficient Single Chart Application : Best used on a single c
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MYTabogFX Supply & Demand is a powerful price action indicator designed to automatically identify high-probability supply and demand zones in the market. This tool helps traders visualize institutional zones where price is likely to react, reverse, or continue. Built for precision and simplicity, it highlights clean zones based on market structure and price behavior.
Key Features: • Automatic Supply and Demand Zone Detection • Clean and Easy-to-Read Zones • Multi-Timeframe Support • Zone
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John Bollinger created this indicator in 2010 as a way to read the original indicator (Bollinger Bands) in a more "technical" way, shown as an oscillator. The typical range of the Bollinger Bands %B is 0 - 0.5 - 1.0, where "0" represents the lower band, the "0.5" the middle band, and "1" the upper band. The line on the indicator represents the Closing prices. As simple as that.
SETTINGS
Bollinger Bands period of analysis Standard Deviation multiplier Shift Price type to be analyzed
If you like
FREE
Phantom Trading System is a MetaTrader 5 indicator that detects failed false breakout patterns — setups where a standard false breakout forms, traps one group of traders, then fails itself, trapping the reversal traders too. The indicator identifies this double-trap moment where two groups of traders are caught on the wrong side simultaneously, and the resulting exit orders fuel a directional move. It scores each setup across 17 quality factors, draws complete trading levels on the chart, and mo
SMC Retest Trading System is a MetaTrader 5 indicator that trades Break of Structure (BOS) and Change of Character (CHoCH) events by waiting for price to retest a broken structural level and then confirming entry using one of nine candlestick patterns. Every signal has triple confluence: a structural event, a retest of the broken level, and a pattern confirmation. The indicator works on any symbol and any timeframe, providing signals with pre-calculated entry, stop loss, and take profit levels d
Volume Profile Indicator – User Guide Description: The Volume Profile Indicator is a powerful tool designed for MetaTrader 5. It visualizes market activity using volume distribution across price levels, showing: Histogram of volume at each price bin POC (Point of Control) – the price with the highest traded volume Value Area – the range covering a configurable percentage of volume (e.g. 70%) Support levels: Min, Max, and Pivot Average tick size for BUY and SELL movements Inputs and Parameters:
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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
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BigPlayerRange — Best Indicator for Micro Index and Micro Dollar | MT5 Unlock the power of BigPlayerRange , widely recognized as the best institutional indicator for the micro index and micro dollar on MetaTrader 5. This powerful tool highlights strategic zones of institutional activity, providing ultra-precise market structure insights. How It Works: BigPlayerRange draws two horizontal zones based on institutional volume action: Green Zone — Where institutional buyers defend the price.
* Due to the authenticity of data for all major currencies , — use of live charts is recommended . Get UEX Reader - Expert Advisor for free:
https://www.mql5.com/en/market/product/166805 What is UEX Pure USD Euro Index :
Discover the real pulse of the forex market with Pure USD & Euro Index
— an innovative indicator that truly reveals the hidden strength and weakness between the world’s two most powerful currencies . Instead of relying on a single pair like EURUSD, this tool measures the
The OHLC indicator shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session.
Levels High of the current or previous session. Low of the current or previous session. Open of current or previous session. Close of the current or previous session. Midpoint of the current or prev
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Structure Blocks: a structured way to analyze market structure
This indicator is for you if you are a price action or smart money concept trader. It identifies market trends' ultimate highs and lows and intermediaries' swing lows and highs. It adjusts based on candles' body where most of the volume is, disregarding wicks. Need help or have questions? I am Lio , don't hesitate to reach out! I am always available to respond, help, and improve. How it works:
Each block consists of a move with
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The Clean Chart Toggle is a user-friendly indicator designed to enhance your MetaTrader 5 (MT5) charting experience by providing a simple way to manage the visibility of indicators and objects on your chart. With a single button located in the top-left corner of the chart window, users can instantly hide or show all indicators and drawing objects, reducing clutter and improving focus on price action or specific analysis needs.
Key Features - One-Click Toggle Button: A button in the top-left
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If you like to use traditional Moving Averages (like SMAs and EMAs) to provide your trades for dynamic levels of Support and Resistance, you will love the Adaptive Moving Average (AMA). Created in 1995 by Perry Kaufman and presented to the world in his book " Smarter Trading : Improving Performance in Changing Markets ", the Adaptive Moving Average (also known as KAMA - Kaufman Adaptive Moving Average) has the goal to be the perfect companion for following a trend without noise, but s
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Session Breakout Master is a high-performance trading tool designed to capture explosive moves following the breakout of major trading session ranges (Asia, Europe, and USA). It automatically visualizes volatility zones and utilizes a Moving Average filter to ensure you stay on the right side of the market trend. Key Features: Automated Session Mapping: No more manual drawing. The indicator identifies and plots Asia, Europe, and USA session boxes automatically. Trend Filtering: Built-in MA filte
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Candle Countdown (MT5) — Time Left in Current Candle Candle Countdown is a lightweight MetaTrader 5 indicator that shows a real-time countdown of the remaining time in the current candle. It updates every second and stays clean and readable without cluttering your chart. Key Features Live candle time countdown (mm:ss or hh:mm:ss depending on timeframe) 3 display positions Price level (TradingView-style) — aligned near the current price level Top right — fixed position in the chart corner Above s
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MT5 Version : Pre Note : The indicator uses the Open price value for calculations.
This indicator represents a genuine momentum oscillator according to the true definition of "Momentum", and as realised by the techniques of digital filters. Scholarly papers on the subject by the current developer can be found here and here , but in this description we shall borrow only the minimum of conceptual and mathematical framework needed. In the process, we expose some long-held myths about indica
FREE
General Description
This indicator calculates in real time the Pearson correlation coefficient between multiple financial instruments. It displays a dynamic correlation matrix that shows the strength and direction of relationships among currencies, indices, stocks, and commodities. Main Parameters SymbolsList : list of instruments to compare (comma separated) BarsToAnalyze : number of historical bars used for calculation TimeFrame : timeframe for correlation analysis Correlation Interpretation
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On Balance Volume (OBV) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.
Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile .
Feedback and reviews are highly appreciated!
What is OBV? On Balance Volume (OBV) was developed by Joe Granville and is a volume-based momentum indicator that uses cumulative volume flow to predict price changes. It adds volume on up days and subtracts volume on down day
FREE
Trading Guide — Heatmap Volume 1. How the Indicator Works Heatmap Volume measures how many standard deviations the current volume is away from its moving average (SMA) . Core formula: stdbar = (Current Volume - SMA of Volume) / Standard Deviation The higher the stdbar value, the more abnormal the volume — and the more attention it deserves. Threshold Levels Level Default Multiplier Meaning Extra High > 4.0 σ Extremely abnormal volume — very rare High > 2.5 σ Unusually high volume — notewor
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This indicator was created based on posts from forex factory thread titled There is no Magic Moving Average - You need only one - by @andose2 a.k.a Andrei Florin. If you want to know about how to use this trading strategy please go and read https://www.forexfactory.com/thread/691864-there-is-no-magic-moving-average-you.
Note: Below are extracts some of the posts .
Estabilish a trend, based on Market Cycles, then go only long in the Markup Phase and only short in the Decline phase , st
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MacD Custom Indicator MTF Plus is a professional MetaTrader 5 port of the original " CM_MacD_Ult_MTF " indicator created by ChrisMoody for TradingView . This version was developed by code4trading for Free provide the MT5 community with high-quality, free access to this proven methodology. Original Concept: ChrisMoody (TradingView) MT5 Development: code4trading Version: 1.0 The Moving Average Convergence Divergence (MACD) is a cornerstone of technical analysis, functioning as a trend-following m
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Reversal Candlestick Patterns Indicator — Free Version This MT5 indicator identifies common bullish and bearish candlestick reversal patterns and displays them directly on the chart.
It can be used on any market and timeframe, providing traders with clear visual references for potential reversal points. Main Features Automatic detection of well-known candlestick reversal patterns Works on all available MT5 timeframes Can be applied to Forex, Stocks, Commodities, Indices, and Cryptocurrency char
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The MetaTrader Market offers a convenient and secure venue to buy applications for the MetaTrader platform. Download free demo versions of Expert Advisors and indicators right from your terminal for testing in the Strategy Tester.
Test applications in different modes to monitor the performance and make a payment for the product you want using the MQL5.community Payment System.
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