Technical Indicators for MetaTrader 5 - 30

The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows

MA Crossing displays two moving averages on the chart painting their crossing points in different colors - blue (buy) and red (sell). The indicator clearly defines the trend direction and power and simplifies the perception of market signals. The indicator may be useful in the strategies involving two moving averages' crossing method. The indicator's input parameters allow you to select the following settings for each moving average: period (Fast Period, Slow Period); smoothing period (Simple, E

Currency Power Meter shows the power of major currencies against each other. The indicator shows the relative strength of currency/pair at the current moment in a period of time (H4, daily, weekly, monthly). It is useful for day traders, swing traders and position traders with suitable period options. Currency power is the true reason of market trend: The strongest currency against the weakest currency will combine into a most trending pair. As we know, trend makes money and all traders love tre

The difference from the standard ZigZag indicator is the following: instead of calculating new extremum points based on the number of bars, it uses the distance between the high and the low to calculate the extremum points. In addition, this distance is calculated dynamically on default and depends on price fluctuations for a selected period and the multiplier. The distance can be set as a fixed number. In addition, it displays the reversal line, reaching which the previous extreme point is fixe

Version for MetaTrader 5. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Displays in the form of steps. Steps above zero indicate an uptrend. Below zero on a downtrend. Parameters: ATRPeriod - ATR period for calculation of steps. Note: The indicator uses closes price, thus it is recommended to consider completed bars.

Rooster - is a handy tool that allows you to receive alerts from your favorite indicators: Supports up to 3 indicators, built-in and custom; Supports up to 4 different signals at the same time; Able to show pop-up alerts, send e-mail and push notifications. This is version for MetaTrader 5, version for MetaTrader 4 is here . Detailed manual is sent on request. Default settings demonstrate MACD lines crossing signal.

The TimePeriodAlarm indicator shows time till closure of a bar. If the 'Time period' is specified explicitly (i.e. not 'current'), the indicator displays the time till bar closure of the current period and the explicitly specified period. Ten seconds before the closure of the bar (at the period specified explicitly), a preliminary sound alert is played and a color alert is generated, then the main signal (can be set by the user) in the parameter 'Sound file(.wav)' is played. The sound file shoul

The Heatmap Indicator This Heatmap indicator allows you to display a "heatmap" of all symbols selected in the Market Watch. In this version it shows the  percent price change in relation to the last daily close , what can give a quick overview of the market. This is a tool to help traders identify how strong is a currency in relation to all other pairs. This is a visual tool, and cannot be used inside Expert Advisors. In this sense, it's more a tool for discretionary traders, instead of automate

This indicator shows the ratio of the number of buyers'/sellers' orders for the Russian FORTS futures market. Now, you can receive this information in real time in your МetaТrader 5 terminal. This allows you to develop brand new trading strategies or improve the existing ones. The data on the ratio of the orders number is received from the database (text CSV or binary one at user's discretion). Thus, upon completion of a trading session and disabling the terminal (or PC), the data is saved and u

This indicator shows the ratio of the volume of buyers'/sellers' orders for the Russian FORTS futures market. Now, you can receive this information in real time in your МetaТrader 5 terminal. This allows you to develop brand new trading strategies or improve the existing ones. The data on the ratio of the volumes of orders is received from the database (text CSV or binary one at user's discretion). Thus, upon completion of a trading session and disabling the terminal (or PC), the data is saved a

This indicator is designed for M1 timeframe and shows: sum of ticks when the price goes up divided by sum of ticks when the price goes down (red color); sum of points when the price goes up divided by sum of points when the price goes down (green color). The correlation between the number of ticks and the number of points for each and every minute will give enough data for scalping.

This indicator calculates the next possible bar for each currency pair and timeframe. If the next possible Close will be greater than Open, the next possible bar will be in Aqua color. If the next possible Close will be less than Open, the next possible bar will be in Orange color. Of course, the next possible bar will not show the big price movement. This indicator is most useful in the quiet time.

An extended version of the well-known Moving Average Convergence / Divergence (MACD) indicator, distributed in 4 colors: growth, fall above and below 0. 26 options for smoothing moving averages, 11 types of prices. Disabled Alerts on color change with selectable alert mode: only when crossing a zero value or at any color change (rising / falling change and 0 crossing). Smoothing options: Simple, Exponential, Wilder Exponential, Linear Weighted, Sine Weighted, Triangular, Least Square, Smoothed,

The Zig-Zag indicator is extremely useful for determining price trends, support and resistance areas, and classic chart patterns like head and shoulders, double bottoms and double tops. This indicator is a Multi Time Frame indicator. The indicator is automatically calculate the 3 next available TF and sows ZigZag from those TimeFrames. You cannot use this indicator for the TF greater than D1 (daily). You have to have ZigZag indicator in the Indicators/Examples tab. 

Many indicators are based on the classical indicator Moving Average . The indicator All_TF_MA shows crossing of 2 MA from each TimeFrames . You will be able to change main input parameters for each MA for every TF. Example for M1 TF: Period1_Fast = 5 Method1_Fast = MODE_EMA Price1_Fast = PRICE_CLOSE Period1_Slow = 21 Method1_Slow = MODE_SMA Price1_Slow = PRICE_TYPICAL

This indicator is based on the classical indicator  CCI (Commodity Channel Index)  and will be helpful for those who love and know how to use not a visual but digital representation of the indicator.  All TimeFrames CCI MT5  indicator shows values from each timeframe. You will be able to change the main input parameters for each CCI for every TF. Example for M1: sTF1_____ = "M1"; Period1 = 13; Price1 = PRICE_CLOSE.

This indicator is based on the classical STOCHASTIC indicator and will be helpful for those who love and know how to use not a visual, but digital representation of the indicator.  All TimeFrames Stochastic MT4  indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each Stochastic from every TF. Example for M1: sTF1_____ = M1 K_Period1 = 5 D_Period1 = 3 S_Period1 = 3 Method1 = MODE_EMA

This indicator is based on the classical indicator  Parabolic SAR  and will be helpful for those who love and know how to use not a visual, but digital representation of the indicator.  All TimeFrames PSAR MT5  indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each Stochastic from every TF. Example for M1: sTF1 = M1 pStep1 = 0.02 pMax1 = 0.2

This indicator is based on the classical indicator RSI (Relative Strangth Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All TimeFrames RSI MT5 indicator shows values from each timeframe. You will be able to change the main input parameters for each RSI for every TF. Example for M1: sTF1_____ - label (string) of M1 TF. Period1 - number of bars used for the indicator calculations. Price1 - price used. Can be any of the p

This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch

The Volume indicator is an excellent tool for measuring tick volume or real volume activity. It quickly and easily helps traders evaluate the volume's current size. The indicator for classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. This indicator can calculate the moving average by four methods: SMA - Simple Moving

The   ATR indicator   is a helpful tool for measuring the range of bars. It quickly and easily helps evaluate the ATR's current spread (range), which is especially useful for VSA traders. The indicator for classifying the range of bars (candles) uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. Our ATR indicator is rendered as a histogram. This indic

I offer Stochastic indicator (oscillator) with signal line filtration by means of the Adaptive Moving Average (АМА). I also added a function of multicolor signal line display of increase and decrease by means of lines or dots at the discretion. Moreover, you can highlight signal line values located below the specified minimum level or above the specified maximum level. Parameters: PeriodK - period K of Stochastic oscillator Slowing - period of Stochastic oscillator slowing PriceField - Stochast

Among various methods of technical analysis of the Forex market, wave analysis is a fundamental one. Anyway, when it comes to the price change over a period of time, we are dealing with waves. According to Elliott's theory, waves are formed in a fractal way. On the same principle MT5 indicator Just Waves marks up waves of different levels (up to 8) and creates graphic lines indicating the beginning and ending points of the waves. Just Waves offers an objective criterion of a wave, thereby uncove

I offer you CCI indicator (oscillator) with additional filtration by means of the Adaptive Moving Average (АМА). This technical indicator determines the strength or weakness of Bullish and Bearish trends. Its principle is based on the analysis of the current change in the deviation of the price from its average value for a given period with the filtering of the obtained values using the Kaufman algorithm, built on the basis of an exponentially smoothed moving average and an original method for

HiLo Activator v1.02 by xCalper The HiLo Activator is similar to moving average of previous highs and lows. It is a trend-following indicator used to display market’s direction of movement. The indicator is responsible for entry signals and also helps determine stop-loss levels. The HiLo Activator was first introduced by Robert Krausz in the Feb. 1998 issue of Stocks & Commodities Magazine.

This indicator is based on the classical indicators: RSI (Relative Strangth Index) and CCI (Commodity Channel Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicators. The indicator shows values from each timeframe. You will be able to change the main input parameters for each RSI and CCI for every TF. Parameters OverboughtLevel_R = 70; OversoldLevel_R = 30; OverboughtLevel_C = 100; OversoldLevel_C = -100; Example for M1: sTF1 =

This indicator is designed for M1 time frame and shows 2 lines: Sum of Points when the price goes up divided on Sum of Ticks when the price goes up (Aqua color). Sum of Points when the price goes down divided on Sum of Ticks when the price goes down (Orange color). You will see all major data as a comment in the left upper corner of the chart. Keep in mind that Sum of Points will be greater or equal to Sum of Ticks. Of course, the ATT is calculating all ticks forward only, beginning from the tim

Purpose and functions of the indicator The indicator determines and marks the moments of trend change on the chart based on the theory of fractal levels breakout on any of the analyzed timeframes. If a breakout based on all rules is valid, a horizontal line with corresponding color will appear on the chart. If there is an uptrend, the line will be blue. In the descending trend, the line will be red. The blue line is a strong support level, the trader should look for buying opportunities above th

Fibolopes (name converted from Envelopes) Indicator is based on the Fibonacci sequence. The input parameter FiboNumPeriod is responsible for the number in the integer sequence (0, 1, 1, 2, 3, 5, 8 13, 34, 55, 89...) Bands will shown on 500 bars starting from the current bar. This indicator is calculating a ZigZag (Aqua line) which in combination with Fibolopes forms a system signals for opening (Z crossing Fibolopes) a new position and closing (Z crossing Fibolopes in opposite direction) an exis

This indicator shows an Up trend (Green square ) if a fast MA is above slow MA and Down trend (Red square) if a fast MA is below a slow MA from all Time Frame for each currency pairs. Input parameters From Symb1 to Symb9 — You may change any of these Symbols to any legal currency pair existed on your platform. Period_Fast=5 — Averaging period for the first MA1. Method_Fast=MODE_EMA — Smoothing type for MA1. Price_Fast=PRICE_CLOSE — The price used for MA1. Period_Slow=21 — Averaging period for th

This indicator shows data from 9 currency pairs by your choice for all 9 Time Frames. If a digital value of the RSI is less or equal to DnLevel = 30 (or whatever number you decided to put) then a Green square will appear. This is potentially an oversold condition and maybe a good time to go Long. If a digital value of the RSI is greater or equal to UpLevel = 70 (or whatever number you decided to put) then a Red square will appear. This is potentially an overbought condition and maybe a good time

This indicator shows an Up trend ( Green square ) if a parabolic SAR value is below the current price, and Down trend ( Red square ) if a parabolic SAR value is above the current price from all Time Frame for each currency pairs. Input parameters from Symb1 to Symb9 — You may change any of these Symbols to any legal currency pair existed on your platform. step=0.0; — Represents the acceleration factor for PSAR indicator. maximum=0.2; — Maximum value for the acceleration factor for PSAR indicator

This indicator shows Commodity Channel Index (CCI) data from 9 currency pairs by your choice for all 9 Time Frames. If a digital value of the CCI is less or equal to DnLevel = -100 (or whatever number you decided to put) then a Green square will appear. This is potentially an oversold condition and maybe a good time to go Long. If a digital value of the CCI is greater or equal to UpLevel = 100 (or whatever number you decided to put) then a Red square will appear. This is potentially an overbough

This indicator shows bands (flexible corridor) for a current price movement and the change of trend. The indicator can be used on any time frames and currency pairs. The following input parameters can be easily changed for your needs: nPeriod = 13; - number of bars which the indicator will use for calculation Deviation = 1.618; - coefficient for bands distance from the middle line MaShift = 0; - shift from current bar

Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ... By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers. Instead of the standard moving average, the indicator uses the following calculation of average price: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 + Bar21 + ... This indicator shows 2 moving Fibonacci lines and arrows when 2 these lines crossing each other. If an Aqua line is crossing a Yell

DeMarker (DeM) indicator is another member of the Oscillator family of technical indicators. Traders use the index to determine overbought and oversold conditions, assess risk levels, and time when price exhaustion is imminent. This indicator shows DeMarker data from 9 currency pairs of your choice for all 9 timeframes. If a digital value of DeM is less or equal to DnLevel = 0.3 (or whatever number you decided to put), Green square appears. This is potentially an oversold condition and may be a

This indicator is based on the classical indicators: RSI (Relative Strength Index), CCI (Commodity Channel Index) and Stochastic . It will be helpful for those who love and know how to use the digital representation of the indicators. The indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each RSI, CCI and Stochastic for every timeframe. Parameters OverboughtLevel_R = 70 - RSI UpLevel OversoldLevel_R =

This indicator works on every currency pairs and time frames (TF). One input parameter: nPeriod - number of bars for histogram calculation. I recommend to optimize nPeriod value for each TF. If Green histogram poles are crossing the zero line from below then Long position may be opened. If Red histogram poles are crossing the zero line from above then Long position may be opened.

This indicator is designed for H1 and H4 timeframes (TF) only. No input parameters because it is tuned to these two TF. It draws two step-like lines: a main Silver line and a signal Red line. These two lines are calculated so that to enhance the filtration of the market noise. Buy when the main line goes above the signal line. Sell when the main line goes below the signal line.

Pivot Points MT5 is a universal color multicurrency/multisymbol indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old, Standard New and Fibo . It plots pivot levels for financial instruments in a separate window . The system will automatically calculate the Pivot Point on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. A user can choose colors for the indicator lines. The on

This indicator provides the analysis of tick volume deltas. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). This is a limited substitution of market delta analysis based on real volumes, which are not available on Forex. The indicator displays the following data in its sub-window: light-blue histogram - buy (long) volumes; orange histogram - sell (short) volumes

The multi-timeframe indicator of the levels of the Pivot Points. Every closed daily period has its own so-called reference point - Pivot Point, which sets the levels for smaller intraday timeframes for the following day. The Pivot Points indicators existing in the codes have no method of showing the dynamics of the pivot point changes on the historical data of the price chart. Pivot Point calculation formula. Pivot=(High + Low + Close) /3 High — the maximum of the previous day; Low — the minimum

The indicator MilkyWay is calculating and draws a blue or red ribbon as a trend and as a filter. In case the price is moving inside the ribbon you should not enter the market. In case you see a blue trend and the current price is above the blue ribbon than this is a good time to go Long. In case you see a red trend and the current price is below the red ribbon than this is a good time to go Short. Only 1 input parameter: nBars = 500; - number of Bars where the ribbon will appears.

This indicator and its usage was developed by Brazilian trader and analyst Odir Andrade Aguiar (nickname Didi) from Doji Star. Usage It is based on the ratio of moving averages with periods 3 (FAST) and 20 (SLOW) by the 8-period moving, which are default settings. When SLOW and FAST are very close and near 1.0-line (white center line), they can indicate a buy or sell signal in next candles. Such signal is know as Agulhada (Needleful). Buy entry happens when FAST line moves UP while SLOW line m

This indicator is based on the classical indicator RSI (Relative Strength Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames RSI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each RSI for every TF. Example for M1 sTF1___ = "M1"; Period1 = 13; Price1 = PR

This indicator is based on the classical indicator CCI (Commodity Channel Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames CCI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each CCI for every TF. Example for M1 sTF1___ = "M1"; Period1 = 13; Price1 = PR

This indicator is based on the classical indicator Stochastic and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames Stochastic indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each Indicator for every TF. First line of data is representing a Main calculations of the St

This indicator is based on the classical indicator Parabolic SAR and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames PSAR indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each CCI for every TF. Example for M1 sTF1___ = "M1"; pStep1 = 0.02; pMax1 = 0.2; Input para

This indicator is based on the classical indicator ADX ( Average Directional Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames ADX indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, and MN1. You will be able to change the main input parameters for each ADX for every TF. Example for M1 sTF1___ = "M1"; adxPeriod1 = 14; Inp

This indicator is based on the classical indicator RSI (Relative Strength Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames RSI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each RSI for every TF and you will have a choice what TFs you want to see. Exampl

Many indicators are based on the classical indicator Moving Average . The indicator All_MT5_MA_FX shows the correlation between 2 MA (fast and slow) from each MT5 TimeFrames . You will be able to change main input parameters for each MA for every TF. Example for M1 TF: TF_M1 = true Period1_Fast = 5 Method1_Fast = MODE_EMA Price1_Fast = PRICE_CLOSE Period1_Slow = 21 Method1_Slow = MODE_SMA Price1_Slow = PRICE_TYPICAL

Scanner PriceAction is a convenient indicator for tracking PriceAction patterns by selected symbols on timeframes from M15 to Weekly. You will never omit a profitable trade. You will not have to look through numerous charts trying to find a suitable pattern. Scanner PriceAction will show you a chart and a period where one or another PriceAction set has been formed. All that is left to do is to switch to a specified symbol, size up the situation, and decide whether you want to enter the market. T

This indicator is based on the classical indicator Parabolic SAR and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames PSAR indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each PSAR for every TF and you will have a choice what TFs you want to see. Example for M1 TF_

The   Correlation Matrix   indicator shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold, and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation  (correlation is above 80 %). Negative correlation  (correlation is below -80 %). Weak or no correlation  (correlation is between -80 and 80 %). Main features The indicator shows the actual correlation between the selected ins

This indicator is based on the classical indicator Average Directional Index (ADX) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. ADX MT5 indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each ADX for every TF and you will have a choice what TF you want to see. Example for M1 TF_

This indicator is based on the classical indicator  Parabolic SAR. You can observe  up to 4 different timeframes.  All MT5 TimeFrames are supported. It's possible to use lower or higher timeframes  than the current chart timeframe.   Input Parameters: For each of the 4 Timeframes you can configure: The specific Period ( ENUM_TIMEFRAMES ) The usage of the PSAR Value ("visible and relevant for the signal", "visible and not relevant for the signal" or "invisible and not relevant for the signal (ign

The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge

This indicator is based on the classical oscilator Stochastic and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. Stochastic MT5 indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each Stochastic for every TF and you will have a choice what TFs you want to see. The indicator shows the di

This is a well-known ZigZag indicator. But it differs by the fact that its plot is based on values of the middle line which is set by a user. It can display Andrews’ Pitchfork and standard or Bobokus Fibo levels. NO REPAINTING. Parameters Period МА — middle line period. Default value is 34. Minimum value is 4. Maximum value is set at your discretion. Used to calculate price — type of price used for the midline calculations. The averaging method — type of smoothing for the middle line. Turning

The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles, as well as enable coloring of only candle bodies МetaТrader 4 version:  https://www.mql5.com/en/market/product/11624 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =

COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges. The supported features are as follows: Fast Volume Moving Average Slow Volu

The "Five Candle Pattern" indicator is a novel way to see the market, because with it we can compare and/or seek training or the pattern of the past 4 or 5 Candles, and identify them in the same graph, to view your behavior at an earlier time. The indicator creates a pattern of those 4 or 5 candles and searches backward, identifies, and marks the same formation or pattern. With that information you adjust the strategy that is operating, or create a new one, because you can compare the past devel

When looking at the information of On Balance Volume indicator, a question arises: is it a strong or weak movement? Should it be compared with previous days? These data should be normalized to always have a reference. This indicator presents the followings parameters: Normalization period (Max-Mins absolute) Smoothing period (-1 off) Tick/Real Volume Maximum number of bars to calculate (-1 off) Upper value normalization Lower value normalization Calculation: normOBV = (value - absMin) * (relMa

This indicator works only 5 digits Brokers. It is impossible to talk about the study of the Forex market or any market without considering of that market statistics. In this case, our indicator "price statistics" we have a new way to study our chart, giving information of the price in a range of pips you want to study for example, can we know how many times the price closes or opens into spaces 10, 20, 30, 50, 100 pips or more; and know them not only in numbers but also draws this relationship a

The indicator is similar to https://www.mql5.com/en/market/product/12330 . However, it considers the MQL5 platform features. Peaks and bottoms are calculated based solely on external bars. After a swing is formed, the indicator does not redraw providing opportunities for traders working on horizontal level breakthroughs. Traffic can be reduced by changing the amount of calculated bars in the MinBars variable (default value is 500). All you need is to select the output options, so that you can se

The oscillator uses data of standard indicators and some patterns of price movement. Using this data, it forms its own (more accurate) signals of a change in the direction of the price movement. Prise Reversal helps to identify reversal points during the flat, and the price extremums during the trend. At these points, you can enter counter trend with a short take profit. Besides, it indicates time intervals when it is too late to open a trend-following deal. After a few days of using the indicat

The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it does not redraw . The indicator allows to easily detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of a price movement. The calculations are based on the candles' Close prices, thus improving the reliability of the levels. Para

The Turning point of price indicator displays assumed turning points of the price on the chart. It is based on data of the Prise Reversal oscillator and standard ADX. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the value of the ADX main line exceeds the preset value, the Turning point of price indicator draws an arrow pointed to the further assumed price movement. This idea is described in the article Indicator of Price Reversal . Inputs

The Trend Trade indicator displays assumed turning points of the price on the chart in the direction of the trend after correction. It is based on the data of the Prise Reversal oscillator with the period 6 and indicators which characterize strength and availability of the trend. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the current trend is confirmed, the Trend Trade indicator draws an arrow pointed to the further assumed price movement