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Technical Indicators for MetaTrader 5 - 45
Created by trader and journalist Larry Williams, Setup 9.1 is a simple strategy that is easy to understand and execute, which is why it is so well known and popular in the world of traders and technical analysis. It is a REVERSION setup, where operations are sought when the moving average changes direction.
Setup Logic
With the open candlestick chart, at any time chart, it is only necessary to add the 9-period Exponential Moving Average (MME9). That done, we look for assets in which the MME9
The trend is your friend!
Look at the color of the indicator and trade on that direction. It does not repaint. After each candle is closed, that's the color of the trend. You can focus on shorter faster trends or major trends, just test what's most suitable for the symbol and timeframe you trade. Simply change the "Length" parameter and the indicator will automatically adapt. You can also change the color, thickness and style of the lines. Download and give it a try! There are big movements w
The market price usually falls between the borders of the channel .
If the price is out of range, it is a trading signal or trading opportunity.
Basically, Fit Channel can be used to help determine overbought and oversold conditions in the market. When the market price is close to the upper limit, the market is considered overbought (sell zone). Conversely, when the market price is close to the bottom range, the market is considered oversold (buy zone).
However, the research can be used to
3 candel indicator in 1 !!! The 3 most important candel indicator in 1 packadge. Help trader in chart visualisation, prevent reversal !!! Doji : Gravestone Doji, Long Legged Doji, Dragonfly Doji. Engulfing : Bullish, Bearish. Hammer : red hammer, green hammer. Fully parametrable indicator icon color config and alarm. Free life time update !!! Just try our demo for free.
Esse indicador mede o 1º Canal de referencia e a 1º Zona Neutra * configurar o canal macro para verificar a frequencia MAIOR H1 H4 1D * configurar o canal micro para verificar a frequencia Menor 1M 5M 15M Como instalar o Indicador fimathe. E uma pré mentoria tem uma estrategia Secreta bonus nesse video . assitao o video para enteder as logicas que podemos iniciar com esse indicador.
https://www.youtube.com/playlist?list=PLxg54MWVGlJzzKuaEntFbyI4ospQi3Kw2
Indicator Statistics MultiPairs
1. Current Openning Ords
- Symbols Openning
+ Buy Orders
+ Buy Volume
+ Sell Orders
+Sell Volume
- Floating by Symbols
2. Closed Orders
- Statistics by Today, Week, Month, YTD and Volume
- Sum of Closed Orders by Symbol
3. Statistics by Day
- Statistics by Day and Volume
4. DrawDown by Day
- Each day DrawDown in Week
- Percent of DrawDown
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Order blocks are essential structures in trading that indicate areas where large institutional traders, like banks and hedge funds, have placed their orders. These blocks represent significant price levels where substantial buying or selling activity has occurred, providing clues about potential market movements. So, why should you, as a trader, care about order blocks? Well, knowing where these big orders are placed can give you a huge advantage. It’s like having a map showing where the treasur
A tool for on-chart strategy backtesting and performance analysis.
A utility for developing, debugging, and testing custom trading ideas and indicator functions.
An indicator designed to quickly test trading concepts and visualize the effectiveness of different input parameters.
An all-in-one sandbox for testing everything from simple crossovers to complex, multi-condition trading systems.
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From Trader to Tactician: Execute Trades with the Precision of a Market Sniper.
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The 3-Day Currency Overlay Indicator aggregates trading days into customizable multi-day candles (default: 3 days), overlaying them directly on your MT5 chart for seamless higher-timeframe analysis. Ideal for forex, CFDs, indices and synthetics(deriv assets), it helps identify trends, support/resistance, and reversals without switching timeframes.
It displays 3Days timeframe just like every other timeframes.
It also accomodate for holidays, weekends or days with market closed in its calculati
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DayTrader Premium System Indicator: Complete Trading Mastery
The DayTrader Premium System Indicator represents the culmination of institutional trading methodology made accessible to retail traders. By combining order block analysis, supply/demand zone identification, and multi-factor confirmation, it provides a comprehensive framework for consis
L3 Banker Fund Flow Trend Oscillator v5 is a simple translation of blackcat's work from pine script (language used by TradingView platform) to mql5. It generates buy and sell signals when two calculated buffers cross over each other in the oversold and overbought oscillator territory. Current version does not offer any changable inputs, but could be easily added in the modified version if requested.
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N/B: All our product purchase comes with our free ‘’DAILY SCALPER EA’’ - bit.ly/4qlFLNh Whatsapp Developer for yours after successful purchase SUPREME PRECISION TRADER SCANNER
Your All-in-One Market Scanner for High-Probability Trades Across All Timeframes (M5–H4)
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WHY THIS SCANNER IS A GAME-CHANGER
Most traders spend hours analyzing charts, hunting for setups, and still miss high-probability trades.
The Supreme Precision Trader Scanner does all the heavy lifting for you — scann
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WAVES ULTIMATE LIVE SIGNALS
The World's First AI-Powered Elliott Wave Scanner That Finds 5-Star Trading Opportunities AUTOMATICALLY
ATTENTION FRUSTRATED TRADERS:
Tired of missing perfect entries? Exhausted from analyzing charts for hours? Sick of indicators that repaint and give false signals?
INTRODUCING: WAVES ULTIMATE LIVE SIGNALS
HOW
Phoenix Quantum Signals Phoenix Quantum Signals is a MetaTrader 5 indicator that generates Buy and Sell signals based on confirmed Swing High and Swing Low breakouts. The indicator identifies pivot highs and pivot lows using a configurable Swing Strength parameter. A swing is confirmed only after a defined number of bars have formed on both sides of the pivot. When a breakout of the last confirmed swing level occurs, an arrow is plotted on the chart. Signal Logic Buy signal: Generated when the
Speed Alert is a professional volatility-based indicator designed to detect fast market movements and high-speed candles in real-time. When the market suddenly accelerates and a candle moves with abnormal speed compared to recent price action, Speed Alert instantly notifies the trader.
The indicator continuously analyzes recent candles to calculate the average price speed. When the current candle exceeds the defined speed threshold, it indicates strong momentum and increased volatility, which
By installing this indicator you can create a price alert line with a click of a button A = create a price alert line at the location of your mouse pointer ( no number limit ) S = delete all existing price alert lines D = delete all triggered price alert lines F = delete the line near your mouse pointer( updated vertion)
some times the S and D hot hey function may not work, just double click on the the chart and try again or try switching between charts and try again, its some kind of mt5 bug
Non Repaint System V3.0 The Non Repaint System V3.0 is a technical indicator developed for MetaTrader 5. Its primary function is to provide visual signals on the trading chart. A key characteristic of this indicator is that its signals, once generated and a candle closes, do not repaint or recalculate. This design ensures that the historical representation of signals remains consistent with their initial appearance, offering a stable reference for market analysis. Operational Modes This indicat
Non Repaint Diamonds is a precision-engineered MT5 indicator designed to provide traders with highly reliable chart signals that remain stable once confirmed.
Unlike repainting tools that shift or vanish after the fact, this indicator locks its signals in place, allowing traders to analyze with confidence. It marks the chart with distinct diamond-shaped signals that highlight potential turning points in market structure.
The tool offers flexible customization of signal appearance, offsets, an
AI Gold Asia Signal v1.6 Professional Indicator - Asia/London Session Breakout for Gold (XAUUSD)
OVERVIEW
AI Gold Asia Signal automatically detects the Asian session price range on XAUUSD and generates breakout entry signals for the London and New York trading windows. All key levels are drawn directly on the chart - no manual calculation needed.
HOW IT WORKS
1. During the Asian session (03:00-10:00 broker time) the indicator scans M15 candles and records the High and Low of the session.
2
RaysFX (Average Directional Movement Index) to → ARROW
Technical indicator (ADX) helps to determine the market trend. It was developed and described in detail by Welles Wilder.
The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI one and the 14-period -DI.
To do this, one either puts the charts of indicators one on top of the other, or +DI is subtracted from -DI.
W. Wilder recommends buying whenever the +DI cro
A flexible 2-Line MACD indicator The default MACD indicator inside MT4, limits you to using the MACD with a fast-EMA, slow-EMA. This MACD indicator allows you to set your own MA-Method choices for these 2 components, separately! You can select from SMA, EMA, SMMA, LWMA, ADAPTIVE MA, FRACTAL MA, DEMA, TEMA, VARIABLE INDEX DYNAMIC MA, and can even use a separate method for each 2 fast-slow. The signal line has options from SMA-EMA-SMMA-LWMA. On-chart colored candles, with drawing condition types i
This is the MetaTrader version of the very popular Squeeze Momentum indicator. It is based of of John Carter's TTM Squeeze volatility indicator, as discussed in his book Mastering the Trade. With this version you can enable notifications when a squeeze is released (push notification, email, or pop-up message). Strategie
Grey dots indicates a squeeze in the current timeframe. Blue dots indicates that the squeeze is released. Mr. Carter suggests waiting till the first blue dot after a grey dot an
RSI v SMA MTF Indicator : Professional Trading Edge in One Tool Summary The RSI v SMA MTF Indicator is a sophisticated, multi-timeframe momentum analysis tool that transforms the traditional RSI into a powerful, actionable trading system. By combining RSI slope analysis with SMA crossover signals, divergence detection, and real-time multi-timeframe confluence, this indicator provides traders with a more comprehensive view of market momentum across all relevant timeframes. Core Utility an
The Quantitative Qualitative Estimation (QQE) indicator is derived from Wilder’s famous Relative Strength Index (RSI). In essence, the QQE is a heavily smoothed RSI.
Modification of this version: ( converted from tradingview script by Mihkell00, original from Glaz, 100% identical output)
So there are Two QQEs. One that is shown on the chart as columns, and the other "hidden" in the background which also has a 50 MA bollinger band acting as a zero line.
When both of them agree - you get a b
The indicator displays in a separate window a price chart as Heiken Ashi candlesticks with a periodicity below a minute. Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1. It is possible to select the base price for calculations.
Parameters Time frames - the period of candlesticks in seconds. Price levels count - the number of price levels on a chart. Applied price - the price used in calculations. Buffer number: 0 - Heiken Ashi Open, 1 - Heiken Ashi High, 2 - Heiken Ashi Low, 3
Squat bar.
One of the signals of the "Trade Chaos" system of Bill Williams.
It is calculated based on the difference in price changes and tick volume.
Strengthens the signal of the "Bearish/Bullish Divergent Bar (First Wiseman)" if it coincides with it or is nearby.
Tested in comparison with the original program "Investor's Dream".
For more effective development of the system, read and see the materials of Bill Williams.
In the settings you can choose the color of bar.
Do you, like me, like to trade with the trend? Then this indicator will help you! Rainbow Trend is a trend indicator, which uses several Moving Averages on the chart.
It measures different trend strenght zones for different periods: very long term, long term, mid term, short term and very short term.
Each zone has its color, and it is possible to have sound alert when the prices leaves a zone and enters another.
Its configuration is very simple. If you find any bug or have any suggestions, conta
A indicator to show saturation in buying or selling With fast and complex mathematical calculations Easily find saturation points for buying or selling Can be used in all symbols and time frames with many signals Can be combined with different indicators and different time frames With simple settings and simple working methods
Features: Can be used on all symbols Can be used in all time frames Can be used in all markets (Forex, stock, etc.) Large number of signals Same performance on all time
Click the link to view our products: LINK Click the link to view my best tool: LINK Description: Smart FVG & iFVG Zones Indicator MT5 accurately detects Fair Value Gaps and Inverse Fair Value Gaps based on ICT Smart Money Concepts . It automatically plots imbalance zones to reveal liquidity voids , mitigation areas , and institutional trading levels . Designed for professional traders, this tool helps you identify premium and discount zones with real-time updates. The indicator supports both bu
AlgoEAs Trend Dashboard V1 Indicator for MT5
Introduction: This is a Dashboard Indicator based on 7 built in Multi Timeframe indicators. This strategy gives Buy/Sell Ideas based on 9 trend states. Easy to view gas guage to view current trend. Has as optional Alerts to enable with 9 messages. Run on M15 chart, with M15, H1, and H4 indicator time frames. Great tool!
Features: Non-Repainting Dashboard For Desktop MT5 Only, Works On Any Mt5 Pair Great for Intraday and Swing Trading Easy view gas
Introducing the Kangaroo Hunter - Your Ultimate Edge in Forex Trading ATTENTION Forex Traders! Are you in constant pursuit of high-probability trade setups? Or maybe you're a novice trader struggling to pinpoint precise entry and exit points? Our solution, the Kangaroo Hunter, is about to revolutionize your trading journey. This meticulously designed indicator simplifies and refines the art of identifying the often elusive Kangaroo Tail patterns in the Forex market, pushing your trading strateg
KT Round Numbers plots the round number levels which are also commonly known as psychological levels in the Forex world. In the context of Forex trading, round number levels are those levels in which there are two or more zeroes at the end. They are named as 00 levels on the chart.
Some traders also consider the halfway points as a valid round number level. They are named as 50 levels on the chart.
Use of round number levels in trading Round number levels work as strong support and resistance
Equal Highs and Lows Indicator
Find and Mark Equal Highs and Lows on chart of Selected Multi Time frames. Options:
set min and max bars between Equal High's / Low's bars set max points difference between High's / Low's ( Sensitivity )
Select time frames by buttons on chart Select / Filter only High's or Low's by a button Extend Equal High's / Low's line forward for chart reference
Manual
MT4 version
MT5 version
Other Indicators
The Schaff Trend Cycle (STC) is a technical analysis tool that helps traders and investors plot highly-probable predictions on the price direction of an instrument. Due to its predictive properties, It's a good tool for foreign exchange (forex) traders to plot buy and sell signals. The Schaff Trend Cycle was developed by prominent forex trader and analyst Doug Schaff in 1999. The idea driving the STC is the proven narrative that market trends rise or fall in cyclical patterns across all time fr
This is the same Ma Multi indicator that was previously available only for Mt4 . Now there is a version for Mt5 . It belongs to a whole family of multi-frame indicators, implementing the idea of displaying different timeframes in a single time scale. Horizontal fixation the scale allows one glance to get the big picture and provides additional opportunities for technical analysis. The indicator is tested on Just2trade Indicator parameters: MA_Period - averaging period of the moving av
Check all of our products: LINK Check our best product: LINK Setting of this Indicator: ** You can choose the indicator width and color from the colors tab 1. Show Moving Average: You can hide any of the moving averages if you want 2. Period Moving Average: The period for the moving average 3. Mode Moving Average: The mode, which can be a simple moving average, exponential, or smoothed Moving Average Trend Indicator for MQL5 is a professional technical analysis tool designed to identify trend
Smooth Aroon is a version of the Aroon Up and Down with smoothing and filtering.
Features :
Smoothing : You have smoothing from 0 to 99 . To smooth a signal, find the maximum value of the points in question then set the smoothing level above the maximum value. For example : If you want to smooth all signals below 30, then you should set the smoothing level above 30 This also smooths all signals above 70, since the Aroon Up and Down Oscillates between 0 and 100. Filtering : If you only w
Trend Scanner is a trend indicator that helps to determine the current and forecast market direction using an advanced algorithm. Thanks to flexible alert settings, the indicator will promptly warn you about a trend reversal. The indicator is intuitive and easy to use, and will be an excellent filter in your trending trading strategies. The lines of this indicator are also an excellent dynamic level for stop loss, and is used as one of the types of trailing stop in Trading Panel . To fine-tune t
True Choppiness Direction determines if the market is choppy (trading sideways) or if it is trending, as well as the trend direction and strength (green=up, red=down, grey=no trend) . The underlying algorithm is designed to detect trend movements even in the presence of noisy market data, please see screenshots. Trend strength is indicated by taller or shorter red/green fill. Choppiness index is range-bound between -50 (very trendy) and +50 (very choppy). This is a custom algorithm designed
White Weis Volume
This indicator shows the sum of the volume in each wave, bulish or bearish, as idealized by David Weis , but it brings an important addition , which is the marking of the bar with the highest volume of the wave (White Bar)!
In coding the indicator, it was sought to optimize the code to require minimal processing during use and not to overload mt5.
The indicator can be used for pre-trading analysis and study, where the trader analyzes possible points of support and resistance
Основные отличия и преимущества индикатора Volume every day от похожего продукта Volume Profile V6 В Volume every day можно параметром Range period задать временной диапазон построения профиля, а параметром Range count задать количество профилей данных диапазонов. Например, на втором скрине Range period=1Day, а Range count=10 - это значит, что профиль будет строиться на периоде один день, десять последних дней. Важно, что переключение тайм фрейма графика не влияет на построение профиля, что т
Overview
The Ultimate RSI Indicator for MT5 is an advanced oscillator designed to provide a more adaptive and dynamic interpretation of market momentum compared to the traditional RSI. It incorporates range normalization, adaptive smoothing, and flexible averaging methods to enhance responsiveness and reduce lag. How It Works
Unlike the standard RSI, which only measures relative price strength, the Ultimate RSI dynamically adjusts to recent price range expansions and contractions. It calculate
In today’s market, an objective counter trend technique might be a trader’s most valuable asset. Most of the traders in the financial market must be familiar with the name "TD Sequential" and "Range Exhaustion". The Sequential R is a Counter-Trend Trading with Simple Range Exhaustion System. Sequential R is useful to identify trend exhaustion points and keep you one step ahead of the trend-following crowd. The "Sequential R" is designed to recognize profitable counter trend patterns from your ch
Half-Trend Indicator for MetaTrader5
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Introduction The Half-Trend Indicator is one of the leading indicators in the market, which helps you enter your trades through the high, low, moving average and ATR.
Specifications platform metatrader5 (MT5) type custom technical trading indicator level beginner timeframes all timeframes from weekly to trading styles scalping - day trading - swing trading - position trading markets forex - cr
Description of the Horizontal Levels Indicator with Manual Interval Adjustment The indicator is designed for automatic plotting of horizontal levels on the chart of a financial instrument. It allows users to manually set the interval between levels, making it adaptable to various trading strategies and timeframes. Key Features: Flexible Configuration : Users can define the interval between levels in points, percentages, or any other unit suitable for the selected asset. Automatic Plotting : The
FREE
Extreme Breakout Signal is a trading strategy based on price breaking key support and resistance levels. It helps identify potential trend changes and capture new upward or downward movements.
Parameter Extreme Radius : A customizable parameter that can be set differently for each timeframe Key Principles Support & Resistance : Price often reacts at these levels; a breakout may indicate a new trend. Confirmation : Use volume or other indicators to confirm breakout validity. Signal Types Buy Sig
KT Trend Wave is an oscillator based on the combination of Price, Exponential, and Simple moving averages. It usually works great to catch the short term price reversals during the ongoing trending market. The bullish and bearish crossovers of the main and signal lines can be used as buy/sell signals (blue and yellow dot). It can also be used to find the overbought and oversold market. The buy and sell signals that appear within the overbought and oversold region are usually stronger.
Features
KT Custom High Low shows the most recent highs/lows by fetching the data points from multi-timeframes and then projecting them on a single chart. If two or more highs/lows are found at the same price, they are merged into a single level to declutter the charts.
Features
It is built with a sorting algorithm that declutters the charts by merging the duplicate values into a single value. Get Highs/Lows from multiple timeframes on a single chart without any fuss. Provide alerts when the current pri
Category: Trend Indicator
Platform: MetaTrader 5
Type: Entry Indicator
Timeframes: All
Trader Styles: Scalping, Day Trading, Swing Trading, Binary Options
Markets: All Description This indicator is an enhanced version of the Relative Strength Index (RSI) with additional features for visual clarity and cycle detection. It is designed to provide traders with a clearer view of momentum conditions and potential turning points. Main features: Improved RSI Visualization – The indicator displays RSI va
Stop Guessing the Trend. See it Clearly. The SuperTrend is one of the most popular and reliable trend-following indicators in the world for a reason: it works. But standard versions can be hard to read in real-time. Titan SuperTrend Pro takes this classic algorithm and upgrades it for the modern trader. It provides crystal-clear visual signals on your chart and instant alerts to your phone, ensuring you never miss a major trend reversal again. It is built on the robust ATR (Average True Range) c
Volume Delta Candles: A Comprehensive Tool for In-Depth Trading Analysis Unlock a seamless way to interpret trading experience within each candle. With Volume Delta Candles, there's no need for additional volume indicators—everything you need is built in. This advanced tool utilizes lower timeframes or live market data to present the percentage of buying versus selling volume within each candle as an intuitive color-coded bar. Before diving in, ensure you’re familiar with Volume and Volume Delta
Moving average indicator to work with the F12 Replay simulation and replay tool.
In this way, the F12 Replay tool now supports the moving average indicator.
F12 Replay: https://www.mql5.com/pt/market/product/38313
This is a product developed by Renato Fiche Junior and available to all MetaTrader 5 users!
Partners: "Águia Traders" team ( Eagle Traders ) by Larissa Sihle #aguiatraders #larissasihle
Input Parameters
Period Shift Method
FREE
MultiFrame Pivot: A Multi-Timeframe Analysis Tool MultiFrame Pivot is an analysis indicator designed to provide an overview of the market based on Pivot Points across multiple timeframes. The indicator synthesizes information from different timeframes to give you a more comprehensive view of important price levels. KEY FEATURES: Multi-Timeframe Analysis: MultiFrame Pivot allows you to simultaneously monitor the price's status relative to Pivot Points (PP), Support 1 (S1), and Resistance 1 (R1)
FREE
The indicator implements the author's approach to the construction of the popular "Zig-Zag" indicator.
The advantages of the "ZIgZag Level" indicator is that it filters out market noise and shows levels.
"ZIg Zag Level" is based on peaks and troughs, displays levels.
These levels can be disabled and configured.
The indicator displays the price of the level, the price tag can be disabled.
The "zigzag" line between the points can also be disabled.
The indicator has a built-in notification s
KT Risk Reward shows the risk-reward ratio by comparing the distance between the stop-loss/take-profit level to the entry-level. The risk-reward ratio, also known as the R/R ratio, is a measure that compares the potential trade profit with loss and depicts as a ratio. It assesses the reward (take-profit) of a trade by comparing the risk (stop loss) involved in it. The relationship between the risk-reward values yields another value that determines if it is worth taking a trade or not.
Features
Description The indicator uses market profile theory to show the most relevant trading zones, on a daily basis. The zones to be shown are LVN (low volume nodes) and POC (point of control). An LVN zone is one which represents price areas with the least time or volume throughout the day. Typically, these areas indicate a supply or demand initiative, and in the future, they can turn into important breakout or retracement zones. A POC zone is one which represents price areas with the most time or vo
Fair Value Gap (FVG) Indicator: Master the ICT Method in Forex Trading
What Traders Are Saying: " Transformed my trading approach with its precise gap spotting ..." – J. Doe " The alert feature is a lifesaver, never miss a trading opportunity.. ." – Alex P. " A crucial tool for anyone following the ICT methodologies in Forex. .." – Samantha R. Unlock the secrets of price movement in the Forex market with the revolutionary Fair Value Gap (FVG) Indicator. Designed for precision and ease of use,
Indicator Name: CM_Williams_Vix_Fix Finds Market Bottoms Overview: The CM_Williams_Vix_Fix Finds Market Bottoms indicator is an advanced tool designed to identify market reversal points across various asset classes. Inspired by the original work of Larry Williams, this indicator provides similar insights to the VIX for stock indices but with the added flexibility of functioning effectively across all asset types. Key Features: Versatility Across Asset Classes: Unlike traditional indicators that
Setup 9.1 strategy created by the North American trader Larry Williams . SIMPLE setup, effective, with a good level of accuracy and excellent return. Attention : The Demo version only works on the tester, if you are interested in running it in real time, please contact me and I will provide another version. Buy Signal:
Exponential moving average of 9 (MME9) is falling, wait it to TURN UP (in closed candle). Place a buy stop order 1 tick above the HIGH of the candle that caused the turn to occur.
Category: Oscillator Indicator
Platform: MetaTrader 5
Type: Entry Indicator
Timeframes: All
Trader Styles: Scalping, Day Trading, Swing Trading, Binary Options
Markets: All Description The Two-Pole Oscillator is an analytical tool based on deviation calculations and a two-pole smoothing filter. It is designed to highlight momentum conditions and potential trading signals while filtering out short-term noise. Main features: Two-Pole Filtering – Reduces chart noise for smoother oscillator curves.
After working during many months, with the help of Neural Networks, we have perfected the ultimate tool you are going to need for identifying key price levels (Supports and Resistances) and Supply and Demand zones. Perfectly suitable to trigger your trades, set up your future actions, decide your Take Profit and Stop Loss levels, and confirm the market direction. Price will always move between those levels, bouncing or breaking; from one zone to another, all the remaining movements are just mark
This indicator detects IDRN4 and IDNR7 two powerful patterns on 28 pairs on new daily bar. IDNR4 is the acronym for "Inside Day Narrow Range 4" where "Inside Day" is a lower high and higher low than the previous bar and "Narrow Range 4" is a bar with the narrowest range out of the last 4 bars so "Narrow Range 7" out of the last 7 bars. Hence, ID/NR4 and better ID/NR7 are an objective criterion for identifying days of decreased range and volatility. Once we find an ID/NR4 or an ID/NR7 pattern, we
Choppiness Index — Trend or Range Market Indicator(MT5) Analyze market structure with the Choppiness Index. Adjustable settings and band visualization help distinguish between trend and consolidation phases. Overview The Choppiness Index is a volatility-based indicator for MetaTrader 5 that helps traders assess whether the market is currently trending or moving sideways . It does not predict direction but provides a measure of market consolidation or expansion, making it suitable for context-bas
KT Forex Super Scalper is created to identify market trends and plot trade signals based on the direction of the predetermined trend. It functions very similarly to moving averages but reacts quickly to changes in price actions and can signal right away once a valid trend is confirmed. The quick reactionary feature makes it a valuable tool for scalpers. However, anyone familiar with moving averages can use it for actual trading because of its signaling process and chart demonstration simplicity
Occult Oracle MT5
is a powerful trend-following indicator designed for MetaTrader 5, helping traders identify market directions with precision and ease. It features a dynamic colored step line (red for downtrends, blue for uptrends) that adapts to price action using optimized amplitude periods, with optional auto-optimization for maximum profitability based on historical simulation. The Occult Oracle MT5 indicator is fully configurable, allowing traders to customize amplitude settings (manual o
Smart Trend Entry Smart Trend Entry is a professional trend-following indicator designed to identify breakout opportunities by analyzing market structure. The algorithm focuses on detecting valid price action pivots to construct historical trendlines, providing clear signals when a structural breakout is confirmed. Technical Logic The "Smart Logic" engine is engineered to filter market noise by requiring specific price action criteria before a signal is generated. Instead of reacting to minor pr
It shows the Murrey Math levels on chart and also provides an alert when price touch a particular level. T. Henning Murrey, in 1995, presented a trading system called Murrey Math Trading System, which is based on the observations made by W.D Gann.
Applications
For Murrey Math lovers, this is a must-have indicator in their arsenal. There is no need to be present on the screen all the time. Whenever the price touches a level, it will send an alert. Spot upcoming reversals in advance by speculatin
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Trend Detective is an advanced trend detection indicator which shows accurate entry points in direction of trend. It uses smart technology in order to detect entry points, trend changing points, and TP points. It also shows hit rate for current chart using selected parameters. Hit rate for this indicator on different charts can be 8
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