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Technical Indicators for MetaTrader 5 - 53


The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an

This indicator shows the time before the next bar or candle opens. Examples of the remaining time until a new bar opens: Example for the М1 timeframe: 05 = 05 seconds. Example for the Н1 timeframe: 56:05 = 56 minutes, 05 seconds. Example for the D1 timeframe: 12:56:05 = 12 hours, 56 minutes, 05 seconds. Example for the W1 timeframe: W1(06): 12:56:05 = 6 days, 12 hours, 56 minutes, 05 seconds. МetaТrader 5 version: https://www.mql5.com/en/market/product/13564 Settings color_time - Text

Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis

The indicator shows the direction and sustainability of the trend, as well as its reversals. Use the indicator to search for successful entries, the performance bottlenecks to minimize risk and time to exit deals. The indicator is never redrawn . It is an easy-to-setup visual tool for both novice and experienced traders It fits any trading style. The indicator is displayed immediately at a candlestick open as two lines: ROAD - smoothed movement. It is drawn as a solid orange line BRIGHT - trend

MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders. These indicators, related to the fundamental analysis, can also be used as an effective long-term filter

The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window.
The indicator parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period Macd

The indicator plots three consecutive channels by Close prices and checks if they match the scheme shown in the screenshots. The length of each channel is not fixed and is selected by the program within the range ChMin and ChMax . When the match is found, a signal is formed (an appropriately colored arrow). A possible stop loss level is displayed as a diamond. A signal may be accompanied by a pop-up window, a push notification and/or an email. The indicator works by Open prices.
Parameters ChMi

The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns.
Parameters z

Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. Product reviews are welcome. We hope you will find it useful. МetaТrader 4 version: https://www.mq

Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup

The main objective of this indicator is to determine entry and exit points, that is why ExactArrow draws nothing but arrows showing entry and exit points. In spite of apparent simplicity of the indicator, it has complicated analytic algorithms which determine entry and exit points. The indicator generates exact and timely entry and exit signals which appear on the current candle. The indicator generates an average of 1-2 candles before its analogues do. The indicator is very easy to use. Open Bu

Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance l

The Supply and Demand Zones indicator is one of the best tools we have ever made. This great tool automatically draws supply and demand zones, the best places for opening and closing positions. It has many advanced features such as multi timeframe zones support, displaying the width of zones, alert notifications for retouched zones, and much more. Because of market fractality, this indicator can be used for any kind of trading. Whether you are a positional, swing, or intraday trader does no

This innovative technical indicator was created to detect quiet market period before the beginning of the high volatile market. Like many good technical indicators, this Market Activity Index is very stable and it is widely applicable to many financial and non financial instruments without too much restriction. The Market Activity Index can be used best to visualize the alternating form of low and high volatile market. It is very useful tool to pick up the quiet market but ironically this is the

Trend indicator. Designed for long-term trading. It is recommended to use on a chart with the M30 timeframe or higher. When the red line crossed the green line below the zero mark, and the green line, respectively, crosses from above, then it is a buy signal. When the green line crossed the red line above the zero mark, and the red line, respectively, crosses from above, then it is a sell signal.
Parameters Indicator period - period of the indicator. (The greater the period, the more long-term

The indicator displays points showing a symbol trend. Bullish (blue) points mean buy signals. Bearish (red) points mean sell signals. I recommend using the indicator in conjunction with others. Timeframe: M30 and higher. Simple strategy: Buy if there are two blue points on the chart. Sell if there are two red points on the chart.
Parameters Trend points period - The main period of the indicator; True range period - The auxiliary period of the indicator; Points calculation method - Calculation m

Trend indicator. Displays a two-colored line on the chart, which shows the market direction. The blue color shows the uptrend. The red, respectively, shows the downtrend. It is recommended to use on charts with the M30 timeframe or higher. Simple strategy: When the line changes its color to blue, buy. When it changes to red, sell.
Parameters Trend Uncover period - period of the indicator;

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Combo Energy Beam with Swing Control Strategy: Confirm swing pullback signals Watch Video: (Click Here) Energy Beam with Trend Laser Strategy: Confirm Tre

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Combo Razor Scalper with Trend Laser Strategy: Scalp in the direction of the trend Watch Video: (Click Here)
Features Scalping indicator using a confirme

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Attention This trading tool is specifically designed to help grid, martingale, averaging, recovery and hedging strategies. If you are not familiar with th

Did You Have A Profitable Trade But Suddenly Reversed? Exiting a trade is equally important as entering! Exit Scope helps maximize your current trade profit and avoid turning winning trades to losers.
Attention Exit Signals are NOT to be used in entering a trade! Exit means closing your trades to avoid correction/reversal which can wipe out existing profit or haunt break-even orders. Please watch presentation (Click Here)
Features Generates instant exit signals based on price action, volatili

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Combo Swing Control with Energy Beam Strategy: Confirm swing pullback signals Watch Video: (Click Here)
Features Detects overall bias and waits for overb

The indicator calculates the most probable trend stop/reversal areas, confident trend movement areas. The calculation considers: the rate of price change; the relative deviation angle of the chart; the average amplitude of price movements; the price leaving its "comfort zone"; the values of the ATR indicator. The indicator can generate an Alert when the price enter a stop/reversal area.
Settings Draw the entire length? - draw the areas until the end of the chart; Show Stop UP-trend - display th

This is a trend-following indicator that is most efficient in long-term trading. It does not require deep knowledge to be applied in trading activity. It features a single input parameter for more ease of use. The indicator displays lines and dots, as well as signals informing a trader of the beginning of a bullish or bearish trend.
Parameter Indicator_Period - indicator period (the greater, the more long-term the signals).

The standard Bollinger Bands indicator has been improved by integrating additional indications from the Standard Deviation indicator (StdDev), which gives an additional filter for confirming trading signals. In addition, the color of the indicator's lines shows the beginning of a trend, its development and exhaustion. This indicator has a signal block that notifies the trader of the beginning of the trend on any time frame to which it is attached.
Settings Type of messages - select the type of

Alan Hull's moving average, more sensitive to the current price activity than the normal MA. Reacts to the trend changes faster, displays the price movement more clearly. When the indicator color changes, it sends a push notification to the mobile device, a message to the email and displays a pop-up alert.
Parameters Period - smoothing period, recommended values are from 9 to 64. The greater the period, the smoother the indicator. Method - smoothing method Label - text label used in the message

This indicator analyzes how efficient is the current market movement based on the true high-low ratio of a certain number of bars. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] The ratio is the effectiveness of the market movement A ratio below 1 means the market is going nowhere A ratio above 1 means the market is starting to show directionality A ratio above 2 means the market is showing effective movement A ratio above 3 means the market moved too much: it will

The Grab indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can be used for

The standard Commodity Channel Index (CCI) indicator uses a Simple Moving Average, which somewhat limits capabilities of this indicator. The presented CCI Modified indicator features a selection of four moving averages - Simple, Exponential, Smoothed, Linear weighted, which allows to significantly extend the capabilities of this indicator.
Parameter of the standard Commodity Channel Index (CCI) indicator period - the number of bars used for the indicator calculations; apply to - selection from

Type: Oscillator This is Gekko's Cutomized Moving Average Convergence/Divergence (MACD), a customized version of the famous MACD indicator. Use the regular MACD and take advantage of several entry signals calculations and different ways of being alerted whenever there is potential entry point.
Inputs Fast MA Period: Period for the MACD's Fast Moving Average (default 12); Slow MA Period: Period for the MACD's Slow Moving Average (default 26); Signal Average Offset Period: Period for the Signal A

A combination of trend, pullback, range breakouts and statistics in one indicator Mainly functions as an Entry indicator. Works in any pair and timeframe.
Suggested Combination Cluster Helix with Strength Meter Strategy: Confirm signals with ideal strength levels Watch Video: (Click Here)
Features Detects range breakouts on pullback zones in the direction of the trend Analyzes statistics of maximum profits and calculates possible targets for the next signal Flexible tool, can be used in many w

K_Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator works on any timeframe. H1 and higher timeframes are recommended though to minimize false signals. The indicator is displayed as lines above and below EMA. Average True Range (ATR) is used as bands' width. Therefore, the channel is based on volatility. This version allows you to change all the parameters of the main Moving Average. Unlike Bollinger Bands that applies the standard deviation

Introduction To Turning Point Indicator The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multipl

This indicator is a conventional analytical tool for tick volumes changes. 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). The algorithm used internally is the same as in the indicator VolumeDeltaMT5 , but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 4 exists - CumulativeDeltaBars . This is a limited substi

This indicator provides the analysis of tick volume deltas. It monitors up and down ticks and sums them up as separate volumes for buys and sells, as well as their delta volumes. In addition, it displays volumes by price clusters (cells) within a specified period of bars. This indicator is similar to VolumeDeltaMT5 , which uses almost the same algorithms but does not process ticks and therefore cannot work on M1. This is the reason for VolumeDeltaM1 to exist. On the other hand, VolumeDeltaMT5 ca

This is a special edition of the On-Balance Volume indicator based on pseudo-real volumes emulated from tick volumes. It calculates a near to real estimation of trade volumes distribution for Forex instruments (where only tick volumes are available) and then applies conventional OBV formula to them. Volumes are calculated by the same algorithm used in the indicator TrueVolumeSurrogate . The indicator itself is not required but can be used for reference. OnBalanceVolumeSurrogate is also available

The indicator automatically plots and tracks buy and sell Fibo levels at any symbol and timeframe. FiboPlus displays: Fibo levels of the probable upward or downward price movements. entry points are shown using "up arrow", "down arrow" icons. The data is doubled on SELL and BUY buttons. rectangle area limited by levels 0-100. Trading is performed from one level to another (no trend).
Features price movement forecast, market entry points, stop loss and take profit for orders. ready-made trading

The indicator builds a moving line based on interpolation by a polynomial of 1-4 powers and/or a function consisting of a sum of 1-5 sine curves. Various combinations are possible, for example, a sum of three sine curves about a second order parabola. The resulting line can be extrapolated by any of the specified functions and for various distances both as a single point at each indicator step (unchangeable line), and as a specified (re-painted) function segment for visualization. More details:

The indicator trades during horizontal channel breakthroughs. It searches for prices exceeding extreme points or bouncing back and defines targets using customizable Fibo levels with a sound alert, which can be disabled if necessary. The indicator allows you to create a horizontal channel between the necessary extreme points in visual mode quickly and easily. It automatically applies your selected Fibo levels to these extreme points (if the appropriate option is enabled in the settings). Besides

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

RFX Market Speed is an indicator designed to measure a new dimension of the market which has been hidden from the most traders. The indicator measures the speed of the market in terms of points per seconds and shows the measurement graphically on the chart, and saves the maximum bullish and bearish speeds per each bar. This indicator is specially designed to help the scalpers of any market with their decisions about the short bias of the market. The indicator uses real-ticks and cannot be fully

The indicator automatically plots and tracks buy and sell Fibo levels at any symbol and timeframe. FiboPlus Trend displays: the trend on all timeframes and indicators values.
Fibo levels of the probable upward or downward price movements. entry points are shown using "up arrow", "down arrow" icons. The data is doubled on SELL and BUY buttons. rectangle area limited by levels 0-100. Trading is performed from one level to another (no trend). Features calculation of the trend of indicators (RSI, S

The indicator displays in a separate window a price chart as bars or Japanese candlesticks with a periodicity below a minute. Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1. The display mode (bars or candlesticks) is switched by clicking on the chart.
Parameters Period in seconds - the period of bars in seconds Price levels count - the number of price levels on a chart Buffer number: 0 - Open, 1 - High, 2 - Low, 3 - Close, 4 - Color.

Think to an elastic: when you stretched it and then you release…it returns to its state of rest.
ELASTIC STRETCHED indicator display in real time distance of any bar:when price is above sma,indicator diplay distance in pips of HIGH from sma....when price is below sma,indicator display distance in pips of LOW from sma.
When price goes far from its sma during (for example) downtrend ,can happen two things: A) price returns to sma (reaction) and goes up OR B) price goes in trading range....but in a

Stochastic Oscillator displays information simultaneously from different periods in one subwindow of the chart.
Parameters %K Period — K-period (number of bars for calculations). %D Period — D-period (period of first smoothing). Slowing — final smoothing. Method — type of smoothing. Price field — stochastic calculation method . Timeframes for Stochastic — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period. S

The new product Time IV (2013) is an updated version of Time III introduced earlier in the Market. The indicator displays the work time of world marketplaces in a separate window in a convenient way. The indicator is based on the TIME II (VBO) indicator rewritten in MQL5 from a scratch. The new version Time IV is a higher quality level product. Comparing to Time III it consumes less resources and has optimized code. The indicator works on Н1 and lower timeframes.
Adjustable parameters of the in

Multi-timeframe indicator Relative Strength Index displays information simultaneously from different periods in one subwindow of the chart.
Parameters Period of averaging — averaging period for the RSI calculation. Type of price — price used. Timeframes for RSI — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period. Sort periods — sort periods if they are listed in no particular order. Current period first — d

Linear Regression Angle is a directional movement indicator which defines a trend at the moment of its birth, and additionally defines trend weakening. The indicator calculates the angle of the linear regression channel and displays it in a separate window in the form of histogram. The signal line is a simple average of the angle. The angle is the difference between the right and left edges of regression (in points), divided by its period. The angle value above 0 indicates an uptrend. The higher

Multi-timeframe indicator Commodity Channel Index displays information simultaneously from different periods in one subwindow of the chart.
Parameters Period of averaging — averaging period for the CCI calculation. Type of price — price used. Timeframes for CCI — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period. Sort periods — sort periods if they are listed in no particular order. Current period first — d

The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple

Addition to the standard Relative Strength Index (RSI) indicator, which allows to configure various notifications about the events related with the indicator. For those who don't know what this indicator is useful for, read here . This version is for MetaTrader 5, MetaTrader 4 version - here . Currently implemented events: Crossing from top to bottom - of the upper signal level (default - 70) - sell signal. Crossing from bottom to top - of the upper signal level (default - 70) - sell signal. Cro

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.
To access the free demo version, please re-direct to this LINK . To access the dashboard version, please re-direct to this LINK . Critical Support and Resistance is an intuitive, and handy graphic tool to help you to monitor and manage critical support and resistance price point easily with one glance to know status of all important S&R. Price is likely

The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter

AIS Correct Averages indicator allows you to determine the beginning of the trend movement in the market. Another important quality of the indicator is a clear signal of the end of the trend. This indicator is not repainted and not recalculated.
Displayed values h_AE - the upper limit of the AE channel l_AE - the lower boundary of the AE channel h_EC - High value predicted for the current bar l_EC - Low value predicted for the current bar
Signals for the indicator The main channel signal is th

The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Indicator Parameters Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Type of in

The indicator plots charts of profit taken at the Close of candles for closed (or partially closed) long and short positions individually. The indicator allows to filter deals by the current symbol, specified expert ID (magic number) and the presence (absence) of a substring in a deal comment, to set the start time and the periodicity of profit reset (daily, weekly or monthly) to calculate the profit chart. The indicator also displays the floating (not fixed) profit of the opened positions at th

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

The Regression Momentum is an indicator of directional movement, built as the relative difference between the linear regression at the current moment and n bars ago. The indicator displays the calculated Momentum in a separate window as a histogram. The signal line is a simple average of the histogram. The histogram value above 0 indicates an uptrend. The higher the value, the stronger the trend. A value below 0 indicates a downtrend. The lower the value, the stronger the downtrend. Intersection

This indicator calculates and displays Murrey Math Lines on the chart. This MT5 version is similar to the МТ4 version: It allows you to plot up to 4 octaves, inclusive, using data from different time frames, which enables you to assess the correlation between trends and investment horizons of different lengths. In contrast to the МТ4 version, this one automatically selects an algorithm to search for the base for range calculation. You can get the values of the levels by using the iCustom() funct

Trade double tops and bottoms effectively
The PZ Double Top/Bottom Indicator is a technical analysis tool that helps traders identify potential price reversal patterns in the market. These patterns, known as double tops and bottoms, are characterized by two consecutive peaks or valleys in the price of an asset. Double tops and bottoms are often seen as potential reversal patterns because they can signal a change in the direction of the current trend. [ Installation Guide | Update Guide | Troubl

RFX Forex Strength Meter is a powerful tool to trade 8 major currencies in the Forex market, U.S. Dollar ( USD ) European Euro ( EUR ) British Pound ( GBP ) Swiss Franc ( CHF ) Japanese Yen ( JPY ) Australian Dollar ( AUD ) Canadian Dollar ( CAD ) New Zealand Dollar ( NZD )
The indicator calculates the strength of each major currency using a unique and accurate formula starting at the beginning of each trading day of your broker. Any trading strategy in the Forex market can be greatly improved b

Linear Regressions Convergence Divergence is an oscillator indicator of a directional movement plotted as a difference of two linear regressions with lesser and greater periods. This is a further development of the ideas implemented in the standard MACD oscillator. It has a number of advantages due to the use of linear regressions instead of moving averages. The indicator is displayed in a separate window as a histogram. The signal line is a simple average of the histogram. The histogram value a

Indicator of correlation and divergence of currency pairs - all pairs on one price chart. It shows all pair that are open in the terminal. Full synchronization of all charts. Does not work in the tester ! MT4 version
Advantages Traders who use multicurrency trading strategies can visually observe the price movement of selected pairs on a single price chart in order to compare the parameters of their movement. This is an advanced and extended version of the OverLay Chart indicator It is quite ef

The Expert Advisor and the video are attached in the Discussion tab . The robot applies only one order and strictly follows the signals to evaluate the indicator efficiency. Pan PrizMA CD Phase is an option based on the Pan PrizMA indicator. Details (in Russian). Averaging by a quadric-quartic polynomial increases the smoothness of lines, adds momentum and rhythm. Extrapolation by the sinusoid function near a constant allows adjusting the delay or lead of signals. The value of the phase - wave s

The AIS Weighted Moving Average indicator calculates weighted moving average, allowing to determine the beginning of market trend. Weights are calculated taking into account the specific characteristics of each bar. This allows filtering random market movements. The main signal, confirming the beginning of a trend, is change in the direction of indicator line movement and the intersection of the indicator lines with the indicator price. WH (blue line) - the weighted average High price. WL (red l

D-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on DEMA (Double Exponential Moving Average). The advantage of DEMA is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator can work on any timeframe, though H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the average line.

Stips is a histogram indicator that determines trend direction and strength, as well as trend changes. The indicator can be used as a normal oscillator, i.e. analyze its trend change signals (crossing the zero line), as well as divergence and exit from overbought and oversold zones. The indicator uses extreme prices of previous periods and calculates the ratio between the current price and extreme values. Therefore its only parameter is Period (default is 13), which sets the number of bars to de

F-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on FRAMA (Fractal Adaptive Moving Average). The FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as

Nowadays a lot of traders need to open more positions for the same pair, because one position is not usually the best possible position. Thus a lot of trades are accumulated, sometimes with different lot sizes, and it is not easy to calculate the breakeven price of all opened positions. For solving this issue the Breakeven Price indicator was created. Breakeven Price is an MT5 indicator which calculates real time the breakeven price of all Buy & Sell positions opened by trader or EAs. It shows r

Labor is a technical analysis indicator defining trend direction and power, as well as signaling a trend change. The indicator is based on a modified EMA (Exponential Moving Average) with an additional smoothing filter. The indicator works on any timeframe. The uptrend is shown as a blue line, while a downtrend - as a red one. Close a short position and open a long one if the line color changes from red to blue. Close a long position and open a short one if the line color changes from blue to re
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