Technical Indicators for MetaTrader 5 - 21

Trend Panel is a simple convenient tool that will display a confirmed trending direction of timeframes M1 - D1 using ten pairs chosen by the user. The indicator is designed to add confirmation of direction into any strategy/template and then also work as a clean interactive interface to quickly change the chart to a different pair or timeframe. Group chat : https://www.mql5.com/en/users/conorstephenson Please contact me after your purchase for set up advice and a free Expert Advisor! My product

The Keltner Channel is a volatility-based technical indicator composed of three separate lines. The middle line is an exponential moving average (EMA) of the price. Additional lines are placed above and below the EMA. The upper band is typically set two times the Average True Range (ATR) above the EMA, and the lower band is typically set two times the ATR below the EMA. The bands expand and contract as volatility (measured by ATR) expands and contracts. Since most price action will be encompasse

Uncover the true hidden patterns of the market with the PREDATOR AURORA Trading System—the final boss of hybrid trading Indicators. See what others don't! PREDATOR AURORA Trading System a powerhouse designed for those who refuse to cower in the shadows of mediocrity. This isn't just another indicator, it is the cheat code ; it is your unfair advantage , a sophisticated hybrid hunting system that tracks market movements with lethal precision in a jungle where only the strongest survive. Inspir

The THREE DRAGONS is a technical indicator that portrays three mystical Chinese dragons flying through the price chart: 1. The Green Dragon (SeaGreen): - The most agile and fastest of the three - Reacts quickly to market direction changes - Usually leads the movements 2. The Red Dragon (Tomato): - Moves with balance between speed and caution - Confirms movements initiated by the Green Dragon - Its interactions with the Green Dragon may indicate opportunities 3. The Black Dragon (Black): - Th

A Renko Tick chart based on continuously adjusting percentage. Live Renko bricks formed by tick data Adjustable brick width expert for indicator attached Scalp with a Renko, get weird. The settings can and will break the script if you turn them up too high. Turning off outline mode will not look as nice, but can potentially allow for a larger number of bricks.

Multicurrency and multitimeframe indicator of the Standard Deviation Channel. Displays the current direction of the market. On the panel, you can see breakouts and touches (by price) of the levels of the linear regression channel. In the parameters, you can specify any desired currencies and timeframes. Also, the indicator can send notifications when levels are touched. By clicking on a cell, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the char

Resistance and Support is an easy to use indicator to apply horizontal lines of resistance and support. There are two windows for adding levels. When you press the button, a line appears on the price chart. It is possible to move this line with the mouse, thereby changing the indicator readings. In the indicator menu there is a choice of possible alerts - no alert, alert on touching the level and an alert for closing the candle after the level.

The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer #0: 

Bulls and Bears trend Power The Bulls and Bears trend Power is a no repaint versatile technical analysis tool that helps traders identify market trends and see who's in control. It features dynamic trend capture logic that adapts to market conditions for a clear visual representation of trend direction. Traders can customize the colors to suit their preferences.  Features : Trend identification Compensation of market noise by strength of sellers or buyers Recommendations : Use H1 timeframe a

Indicator Name: DualClockWithSignalTime.mq5 Description: The DualClockWithSignalTime is a custom MetaTrader 5 (MT5) indicator designed to display three pieces of real-time information directly on the chart: Broker Server Time Local Computer Time Last Signal Time (BUY/SELL) This indicator is helpful for traders who need to monitor both the broker's time and their own local time, ensuring better synchronization of trading actions. Additionally, it automatically detects and displays the latest BUY

CustomRSI50 - Customized RSI Indicator with Level 50 Description CustomRSI50 is a customized technical indicator based on the popular Relative Strength Index (RSI). This indicator provides a clear and customizable view of the RSI, with a special emphasis on the 50 level, which is crucial for many traders in momentum analysis. Main Features Configurable RSI period Highlighted 50 reference level Customizable applied price type Displayed in a separate window Fixed scale from 0 to 100 for easy inter

Tops & Bottoms Indicator FREE   Tops abd Bottoms:   An effective indicator for your trades The tops and bottoms indicator helps you to find  ascending and descending channel formations with indications of ascending and/or descending tops and bottoms. In addition, it  show possibles  opportunities with a small yellow circle when the indicator encounters an impulse formation. This indicator provide to you  more security and speed in making entry decisions. Also test our FREE advisor indicator:  

XAMD/AMDX Indicator ICT MT5 The XAMD/AMDX Indicator , built upon the ICT trading framework, assists traders in recognizing potential trend shifts within the market. This liquidity-based tool for MetaTrader 5 organizes price action into three primary stages: Accumulation, Manipulation, and Distribution , which are visually marked using distinct color-coded boxes. A fourth stage, Continuation or Reversal (X) , distinguishes the XAMD/AMDX Cycle Indicator from the standard AMD ICT Indicator on the

Double Smoothed Stochastic is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Double Smoothed Stochastic Calculation is :    DSS = EMA(r) (X - Lxn / Hxn - Lxn) x 100  MIT = EMA(r) (close - Ln / Hn - Ln) x 100 Ln = lowest low of n periods Hn = highest high of n periodsLxn = lowest low of the price serie

Introduction The  RSI Plus  is an innovative technical analysis tool designed to measure the strength and direction of the market trend. Unlike the traditional RSI indicator, the RSI Plus boasts a distinctive ability to adapt and respond to market volatility, while still minimizing the effects of minor, short-term market fluctuations. Signal Buy when the RSI plus has been in the oversold (red) zone some time and it crosses above the 20 level on previous candle close Sell when the RSI plus ha

It makes it easier to see where there have been consolidation zones for previous prices and allows you to highlight the histogram where there is the biggest consolidation zone. Input parameters Intervalo de preço Is the price between the histograms Periodo Number of candle sticks to be analyzed Porcentagem Highlights the histogram where there is minimal consolidation in relation to the analyzed period

Excellent tracking performance and minimal noise! This trend detection indicator that avoids whipsaws and uncertain market noise and is also agile enough to react to changes in trend. It is also designed to adapt to dynamic markets. Functions mainly as a filter to help you trade in the direction of the trend. Features. Simple and easy to use. Low load and easy to try out The excellent tracking performance and smooth lines that make it ideal for market analysis Can be used as a trend filter for

Swiss CandleTime What ist CandleTime for This indicaor just displays the remaining time for a candle to build. It is best used if you trade with timframes from 3 minutes. I use it in M3 to keep postions. If I have two following red candles i usually liquidate the position. Timeframes M1 to H1 Inputs Arrow displayed => Edit your arrow string Arrow for waiting conditions => Arrow if chart is offline Text Color => color of the text Tell if there is a trend change => tells you, if the two preciding

Functional in the Forex market. Functional on the B3 market - Bolsa Brasil Balcão. Motivation The Price Guide indicator is a tool that helps you insert support and resistance points at the chosen price and in the quantity you want, it depends on the agility of its configuration. This DEMO version will work on the Meta Trader 5 Demo account and Strategy Tester. Get the Full version that works with a Real account click: https://www.mql5.com/pt/market/product/111897 Operation The methodology publi

The "Matrix Series" indicator is a technical analysis tool designed to identify potential support and resistance zones by visualizing overbought/oversold conditions and trend direction using a combination of price data and customizable parameters, incorporating Commodity Channel Index (CCI) to highlight potential reversal points within the market. Key features of the Matrix Series indicator: Dynamic Zones: Calculates support and resistance levels based on CCI values, allowing users to adjust th

Modified Fair Value Gap (FVG) Indicator for MT5 The Modified Fair Value Gap (Modified FVG-iFVG) indicator is a sophisticated and efficient tool designed for ICT and Smart Money traders, optimized for the MetaTrader 5 (MT5) platform. This indicator detects and marks market imbalance areas (FVG), highlighting key supply and demand zones. Bullish FVG zones are displayed in green, while bearish FVG zones appear in brown. As the price revisits these levels, the indicator dynamically updates by progr

This panel displays the price percentage change  Shows the percentage change in price from the last open: Daily, Weekly and Monthly timeframes. Numbers are easier to use than histogram currency meters. Line up the three timeframes strengths/weaknesses for strong trends. Compare currencies strongest against weakest. USD is the world's reserve currency to compare against. How to use 1. Match the strongest currency with weakest currency; or 2. Match the strongest or weakest currency against USD;

The VR Grid indicator is designed to create a graphical grid with user-defined settings. Unlike the standard grid , VR Grid is used to build circular levels . Depending on the user's choice, the step between the round levels can be arbitrary. In addition, unlike other indicators and utilities, VR Grid maintains the position of the grid even when the time period changes or the terminal is rebooted. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can

This  variant of the ZigZag  indicator is recalculated  at  each  tick  only at the bars that were not calculated yet and,  therefore, it does  not  overload  CPU  at  all  which  is  different   from  the standard indicator. Besides, in this indicator drawing of  a  line is  executed exactly in ZIGZAG style  and, therefore, the  indicator  correctly and simultaneously  displays  two  of its extreme points (High and Low) at the same bar! Depth is a minimum number of bars without the second max

This is a buyer and seller aggression indicator that analyzes the shape of each candle and project this data in a histogram form. There are 4 histograms in one. On the front we have two: Upper - Buyer force. Lower - Seller force. At the background we also have two histogram, both with same color. They measure the combined strenght of buyers and sellers. This histograms can be turned off in Input Parameters. It is also possible to have the real or tick volume to help on this force measurement. IN

Cybertrade ATR Trend Zone - MT5 The indicator shows, by calculating the ATR (Average True Range), the zone of probable price resistance. Indicated to be used as a probable exit point of an operation. It works on periods longer than the period visible on the chart. All values ​​are available in the form of buffers to simplify possible automations. This indicator is the same one we use in our EA. Also check out our other products.

Description This is an indicator for MT5 which has enhanced the  "Fractals"  indicator. "Fractals" indicator is included in MT5 by default but the draw line period is fixed at "5" and it cannot be modified.  Thus I have reinvented the Fractals indicator with some useful function added.  This tool will be useful especially for those who are learning how to draw good horizontal lines and wants to get some reference.  Of course, those who are considering Fractals as an important horizontal line wil

The indicator represents the session boxes for the Asian, European and American sessions. It is possible to change the time of each session, such as color. It is also possible to disable the display of each session. You will find in input parameters variables to modify in format hh:mm. In Colors tab you can change the color of boxes of each sessions. If you need some implementations please contact me.

The  Trade by levels for mt5  indicator is designed to automatically determine the formation of a model for entering the market on the chart of the selected instrument. Definitions:           ⦁ BFl is the bar that formed the level.          ⦁ BCL1 and BCL2 bars, confirming the level.  The graphical model:         ⦁ levels high\low the bars BFL and BCL1 must match the accuracy to the point         ⦁ there can be any number of bars between BFL and BCL1.         ⦁ between BCL1 and BCL2 intermedi

TransitGhost Signal indicator, this is one of my best forex trading strategy. The strategy is based on the simple moving average cross, 5 SMA AND 200 SMA of which take a longer time to cross. Whenever the is a cross between the 5 SMA and 200 SMA a signal will be given, when the 5 SMA cross the 200 SMA to the upside ,a buying arrow will appear on chart, and push notification(alert) "Buy now, use proper risk management" will be sent on both the MT5 PC and mobile app, and when the 5 SMA cross the 2

This is an indicator that highlights the price range, specifically in the morning. So it is very easy to identify when these zones are broken, giving you an excellent entry opportunity! Range Breakout works on all symbols and timeframes. It displays past price regions and projects the current one. If you find any bug or have any suggestion, please, contact us. Enjoy!

The Relative Equilibrium index (REi) is a technical analysis indicator that shows the direction and strength of a trend and indicates the probability of its change. It shows the ratio of the average price increase to the average fall over a certain period of time. The value of the index allows you to assess whether buyers or sellers had a stronger influence on the price over a set period of time and to assume further developments. The indicator is characterized by simplicity of interpretation an

Eabotpro Signal Is indicator can scan all time frame and guide you where is the trend going with take profit and stop loss , Tp1 , Tp2 , Tp3 , he give 90% which is very good , preffer to work for scalping tf1 and for swings T15 till 4H , Nice indicator no more loss on your pocket , Eabotpro Signal scan Tf1 minutes till 1Day , Trading is not game , trading is ART, patient ,vision , in the end its your money and if you lose it no one will give it to you back , be responsible , accept the low minim

The TRENDOR 1.0 indicator is designed to identify and filter market trends using a combination of RSI and ATR indicators. This powerful trend detection system helps spot significant RSI crossovers while filtering out false signals using an ATR and an EMA (Exponential Moving Average). The purpose of this indicator is to provide clear and precise signals for optimal trading decision-making. Main features: Short and Long RSI: Combines the values ​​of two RSIs (short and long) to detect market tr

Volume Horizon is a horizontal volume indicator that allows you to observe the density of market participants' volumes across various price and time intervals. Volume histograms can be constructed based on ascending or descending market waves, as well as individual bars. This tool enables more precise determination of entry or exit points, relying on levels of maximum volumes or volume-weighted average prices (VWAP). What makes Volume Horizon unique? 1. Segmentation into ascending and descendi

Super Zone   For several years of observing the principles of the market, Super Zone worked, both then and now, because the indicator  allows you to see the trading range of the  week and even the month that major market participants use. It’s very easy to use, we work on H4 in the weekly range (  in the tester it doesn’t work in the demo mode  ) - we sell from the upper zones, we buy from the lower ones. It marks the zones from the beginning of the week (month) that are  not redrawn  , works on

Real Spread Monitor is a powerful indicator that is designed to accurately measure and analyze real spreads, giving traders the ability to compare trading conditions of different brokers. This product is also available for MetaTrader 4 =>  https://www.mql5.com/en/market/product/125769 Key Features of Real Spread Monitor: 1. Two modes of operation: Write mode : In this mode the indicator collects data on real spreads of the selected trading instrument and records them in a file. The spread is r

如果产品有任何问题或者您需要在此产品上添加功能，请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. PA Touching Alert is a tool to free you from watching price to touch certain critical price levels all day alone. With this tool, you can set two price levels: upper price and lower price, which should be greater than/less than the current price respectively. Then once price touches the upper price or lower price, alert and/or notification would be sent

Smart Fibo Zones   are powerful, auto-generated Fibonacci Retracements that are anchored to key   market structure shifts . These zones serve as critical   Supply and Demand   levels, guiding you to identify potential price reactions and confirm market direction.  Fibonacci  calculations, widely used by professional traders, can be complex when it comes to identifying highs and lows. However,  Smart Fibo Zones  simplify this process by automatically highlighting order blocks and key zones, compl

Push Notif for Mobile Trading: Detect Trend and Consolidation Overview Push Notif for Mobile Trading: Detect Trend and Consolidation is a custom MetaTrader 5 (MT5) indicator developed by Ritz_EANEHA that intelligently detects whether the market is in a trend (bullish/bearish) or in consolidation (sideways) . It uses a proprietary comparison of Standard Deviation (StdDev) and Average True Range (ATR) to assess volatility and market structure, and sends mobile push notifications to alert t

Detailed Description: The Multi Level POC Indicator is designed for traders who want to identify critical price levels based on volume analysis across multiple timeframes.  Key Features: Multi-Timeframe POC Calculation: Automatically calculates and displays the POC from multiple timeframes, including M1, M5, H1, D1, and more. Intermediate Levels Display: In addition to the primary POC levels, the indicator also plots intermediate levels based on the POC. Custom Precision and Depth Settings: Us

This indicator shows the direction of the trend and trend change. Ganesha Trend Viewer is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw. Recommended time frame H1. Ganesha Trend Viewer is perfect for all Meta Trader symbols. (currencies, metals, cryptocurrencies, stocks and indices..) Parameter setting MA Short Period  ----- Moving Average short period MA Long Period   ----- Moving Average long period Alerts ON  

The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity

This indicator serves as an alert for climax regions. How does it work? When the 20-period arithmetic moving average meets the 200-period arithmetic moving average, a conflict region forms with two major opposing forces fighting. This causes the price to show random peaks until a winner side is defined, which can be dangerous. Therefore, the indicator paints the region between the moving averages to alert you. How to use it? It can be used for specific volatility or support and resistance str

Do you want to know how an economic event will impact price? What will happen to price after the news? How has an economic news affected price in the past? This indicator can help you with that. Do you like technical analysis? Do you enjoy studying the tick history to predict the future? But what do you think could be more important than technical analysis, what could improve technical analysis? Of course, it's fundamental analysis! After all, economic events directly impact the market, and th

EMA Scalper Indicator is an indicator of EMA lines and reversal EMA lines. Each pair of EMA channels area that can be used to make reversal entry. After the EMA lines are widening because of major trend, the area can be used to find profitable entry and exit, especially after EMA reversal. Do the cut loss whenever candle closed outside the area. The A, B, C, D, and E area are colored differently. Solid lines: Normal EMA lines. Dashed lines: Reversal EMA lines.

Direct Scalping shows the most SUPER SUPER SUPER EARLY opportunity to scalp the market. Do entry as early as possible, as soon as the first sign appears. It plays sound alert so that you can wait the moment while doing something else. Remember to cut loss below the '' area. Yes, it is not stop loss but cut loss (exit on candle close). Made for M1 timeframe, but higher is good too. My new favorite setup: M3 using 8 indicators with different parameters: 11, 18, 25, 32, 39, 46, 53, and 60. Combin

The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The classic style version. Dear friends and users of our EAs, please add your ratings in the  Reviews  section. All updates to our forex software are  free ! This is a free trading utility! Other Features: There is an option in the input

A very useful Price Action point is the previous day Closing VWAP. We call it Big Players Last Fight . This indicator will draw a line showing on your chart what was the last VWAP price of the previous trading session. Simple and effective. As an additional bonus, this indicator saves the VWAP value on the Public Terminal Variables, so you EA could read easily its value! Just for the "Prefix + Symbol name" on the variables list and you will see! SETTINGS How many past days back do you want to s

El indicador técnico propuesto es un sistema de medias móviles de múltiples marcos temporales diseñado para ayudar a los operadores del mercado financiero a seguir de cerca los movimientos tendenciales. Al combinar medias móviles de diferentes períodos, este indicador ofrece una visión más completa de la dirección de la tendencia, lo que permite a los traders identificar oportunidades de trading con mayor precisión. Al utilizar este indicador, los operadores pueden maximizar sus ganancias al tom

The indicator draws two types of Bill Williams' fractals: Broken fractals   – the price has been at least once above or below these fractals. Unbroken fractals   – new fractals where the price has not yet moved above or below them. You can configure the color of the fractals, as well as the number of bars used for the indicator's display. фрактал Вильямса фрактал БВ фракталы Вильямса пробой фрактала пробитый фрактал Торговый хаос broken fractal unbroken fractal Williams fractal  Trading Haos Bi

Discover the ATR Bands Indicator: Your ally in mastering volatility and optimizing your trades! The ATR Bands rely on the flagship Average True Range (ATR) indicator to measure volatility and plot dynamic bands around the price. These bands adapt in real-time to market fluctuations, giving you a clear view of critical price zones. Why choose ATR Bands? Detect strong trends: Breakouts of the bands signal significant price movements, ideal for spotting trading opportunities. Optimize your stop-los

这是一个组合指标分析趋势、支撑阻力、买卖点。运用了均线MA、布林带、KDJ、CCI、RSI。 主图上下线是布林带上下线，采用的是20周期和2.3标准差可以用来支撑阻力。 中间的是分析趋势的均线，趋势分析是用均线多周期: 为涨趋势，反之为下跌趋势。在同一种颜色，基本说明趋势没有发生变化。 子图是由   KDJ、CCI、RSI三个指标组成，大于70超买，小于30超卖, 智能提示是运用了算法，主要计算布林带，   KDJ、CCI、RSI指标 有三个或四个指标超出市场常态就会发出提示行情可能反转。 子图指标运用了很多数据，刚刚开始加载会有点慢，耐心等待就可以 这个指标是子图指标，还要再下我发布的MMB分析，这样就刚刚好组成一套分析 电脑分辨率的文本大小请设置100%，不然字体会不一样

This indicator is very useful in observing the direction of the market. It allows users to enter multiple MA lines with specific display method. In addition, it is also possible to change the candle color same to color of the background of chart, so that we only focus on the MA lines. When a signal appears, represented by a red or green dot, we can consider opening a sell (red dot) or buy (green dot) order. Note: it need to set stoploss at the highest value of MA lines (with sell order) or lowe

This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. Parameters Fast EMA Period: The period of the fast EMA of the MACD. Default value is 12. Slow EMA Period: The period of the slow EMA of the MACD. Defau

MYHISTOGRAM MT5 MyHistogram is a powerful technical analysis tool designed to help traders visualize the distance between price extremes and a moving average. By calculating and displaying this distance in a histogram format, it allows traders to quickly assess market trends, spot potential reversals, and make more informed trading decisions. The indicator is highly customizable, enabling users to select different timeframes, moving average types, and applied price settings. Additionally, it fea

Judas ICT Indicator Indices with Confirmation MT5 The Judas Indicator with Confirmation (Judas Indices ICT with Confirmation) is an advanced tool for MetaTrader 5 that specializes in detecting deceptive price movements. This indicator helps traders spot false breakouts (fake outs) and identify the dominant market trend more accurately. To enhance precision, it integrates a confirmation system within the 1-minute timeframe , reducing the likelihood of incorrect signals. «Indicator Installation &

The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using

The "YK-LOT-SIZE" is a custom indicator for MetaTrader 5 (MT5) that displays the total lot sizes and profits for both buy and sell positions on the current chart. Key features of the indicator: It calculates the total lot sizes for all open buy and sell positions of the current symbol. It calculates the total profits (including commissions and swaps) for all open buy and sell positions. The indicator displays the information on the chart using two lines of text: "BUY Lots: [total buy lots] | BUY

If there is only one MT5 indicator you ever buy for trading forex – this has to be it. Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum Cur

Indicator developed in order to notify the user when the RSI enters and leaves the overbought and oversold regions, the information is shown in the form of audible and text alerts. Notifications can be disabled at any time. The indicator period can be changed by the user, and it is possible to insert the RSI indicator in the graph through the alerts.    Aurélio Machado

Of all the four principle capital markets, the world of foreign exchange trading is the most complex and most difficult to master, unless of course you have the right tools! The reason for this complexity is not hard to understand. First currencies are traded in pairs. Each position is a judgment of the forces driving two independent markets. If the GBP/USD for example is bullish, is this being driven by strength in the pound, or weakness in the US dollar. Imagine if we had to do the same thing

This indicator was creating a perfect structure to not re-paint or recalculate, all signals are accurate. I can create a robotic version of this indicator but I need more precision in the signals. So appreciate this work. Tips to use when trading, do not buy at the top or sell at the bottom, always buy at the bottom  and sell at the top. Risk 1 to 3. In the settings you can adjust the size of the shadow or trail of the candle, you can change the colors and sizes of the arrows.

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

In which direction should I trade today? For “TREND followers”, we need to determine the TREND . This indicator determines the Trend based on the price High, Low and Close of every bar, for a given period and timeframe. Calculating and plotting the Trend UP and Trend DOWN lines. If the:   “Trend UP” line (Green) is above the “Trend DOWN” line (Red), then it is a BULLISH Trend (see "Screenshots" tab). “Trend DOWN” line (Red) is above the “Trend UP” line (Green), then it is a BEARISH Trend (see "

Is Zero Lag profitable? Not always, different system is for different pairs. You can play around with this indicator from Mladen, I have modified it with Bollinger Bands over T3. You can change the period and how it calculate. MT4 version soon will be released too.  Please leave a review , it helps us and we will share more indicators.    ....   Thank you and happy trading

The DR IDR Range Indicator  plots ADR, ODR and RDR ranges for a given amount of days in the past. A key feature that appears is that it calculates the success rate of the ranges for the shown days. This indicator is perfect for backtest since it shows ranges for all of the calculated days, not just the most recent sessions. PRO VERSION https://www.mql5.com/en/market/product/93360 Remember: this free version counts neutral days as true days , so stats might be slightly inflated. To get perfect a

MACD Lines - Indicador MACD com Visualização em Linhas Descrição Este é um indicador MACD (Moving Average Convergence Divergence) modificado que apresenta uma visualização mais limpa e elegante em comparação com o MACD padrão do MT5. A principal diferença é que ele remove o histograma tradicional e mantém apenas as linhas MACD e Signal, permitindo uma melhor visualização dos cruzamentos e tendências. Características Principais Linha MACD em azul escuro com espessura 2 Linha Signal em vermelho co

Identification of support and resistance areas A useful indicator for traders completely free Can be used in all symbols Can be used in all time frames It has three different trends: short term, medium term, long term Settings: Clr1,2: You can change the color of the lines Type Trend: You can determine the trend Message me for questions, criticism and suggestions

If you find this indicator useful, please take a moment to leave a review and a comment! Your feedback helps improve the product and keeps it free for everyone. Thank you! This code is a custom indicator designed for MetaTrader 5 that visually displays the main trading sessions (Sydney, Tokyo, London, and New York) on the chart. Here's a comprehensive explanation of its functionality: 1. Main Objectives of the Indicator Display Trading Sessions : The indicator marks and displays the time period