Paid Technical Indicators for MetaTrader 5 - 15

The Classic Pivot Points indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical pivot points as well. Another unique feature of this indicator is that, when calculating daily pivots, it is possible to set a

The Camarilla Pivots indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws camarilla pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical camarilla pivots as well. Another unique feature of this indicator is that, when calculating daily camarilla pivots, it

The   Currency Barometer indicator   is a unique tool that measures the strength of two currencies represented in the pair and compares the difference between them. The result is shown as a histogram where you can simply identify which currency is the strongest. This indicator is designed to measure the strengths and weaknesses of eight major currencies (USD, EUR, GBP, CHF, CAD, JPY, AUD, and NZD) and works on 28 currency pairs. The indicator uses the CI method (Commodity Channel Index) to calc

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.

The VWAP indicator is our version of the popular Volume-Weighted Average Price indicator. The VWAP is the ratio between the value traded (price multiplied by the number of volume traded) and the total volume traded over a specific time period. As a result, it measures the average price of the instrument much better than the simple moving average. Although there are many ways to use the VWAP, most investors use it to calculate the daily average.  The indicator works in five modes: Moving  - In

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

Introduction to Smart Renko The main characteristics of Renko Charting concern price movement. To give you some idea on its working principle, Renko chart is constructed by placing a brick over or below when the price make the movement beyond a predefined range, called brick height. Therefore, naturally one can see clear price movement with less noise than other charting type. Renko charting can provide much clearer trend direction and it helps to identify important support and resistance level

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

Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, software engineer

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 displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi

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

Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font size of th

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_

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

The   Pairs Cross indicator   is a unique tool for negatively correlated trading instruments, such as EURUSD and USDCHF currency pairs. It is based on a concept called pairs trading (or spread trading). Our indicator compares the strength of two currency pairs that are inversely correlated and quickly tells you when it’s time to buy the first pair and short a second pair, and vice versa. This is a straightforward approach to trading currency pairs that works very well. How to you use the Pair

The   Pairs Spread indicator   has been developed for the popular strategy known as pairs trading, spread trading, or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, traders can quickly identify when the instruments are too far apart and use this information for trade opportunities.  How to use the Pairs Spread indicator Best results are attaine

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

The MT5 platform indicator has standard settings and requires no modifications when connected to the chart. Modifying the indicator involves adding two functions: Marking the area when the indicator lines are in the correct sequence (green line above or below red and blue lines, and red above or below blue). This creates a confirmed cross marked by the closing price to avoid false signals during the Alligator lines' entanglement periods. Drawing horizontal rays from market structure break levels

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 =

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

This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indic

The "Price Break" indicator is a powerful tool for any trader. If the price breaks the levels the indicator shows, there is aproximatelly a 77% chance it will go in the same direction. If it exceeds the blue line, there are many possibilities for the price to rise. On the contrary, if it passes down the red line, it means that there are many possibilities for the price to drop. We should always consider the latest indicator signal, so we should rely only on the last blue arrow and the last red a

'Info body and shadow candles' indicator colors the candle bodies and shadows according to the settings. For example, if the 'Size body candles' parameter is 10, the indicator looks for the candles having a body size of 10 or more. Candle shadows are calculated the same way. Detected candles can be colored (body color, shadow color). The indicator can be adjusted for both four- and five-digit quotes. МetaТrader 4 version:  https://www.mql5.com/en/market/product/12618 Parameters Use candle searc

The draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters MaxHistoryBars - the number of bars in the history. Depth (0 = automatic settings) - Search area. width trend ( 0 = automatic settings) - Trend width. (true = closed bars on direction trend),(false = just closed bars for line) - true = closure of candlesti

This unique indicator automatically builds Wolfe Waves and features a highly efficient trading strategy.   Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is closed behind Moving Average, and then we open a trade with the lot: = (Let's apply the lot of, say, (0.40), divide it into four parts and open a quarter of the lot (0.10)). If the

The indicator automatically draws Wolfe waves. The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade. Recommended timeframe: М1. Indicator features Amazingly easy to trade. The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval. It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag. Finds the

The indicator looks for flat zones, where the price remained within a certain range for quite a long time. Settings History - history for calculation/display in bars FlatBars - flat area width in bars FlatRange - flat area height in pips IncludeSmallBar - calculate using internal flat bars CalcFlatType - calculate flat zones by (HIGH_LOW/OPEN_CLOSE) DistanceForCheck - distance (in pips) from the flat level, at which the check is enabled CountSignals - amount of signals per level AutoCalcRange

Every indicator has its advantages and disadvantages. Trending ones show good signals during a trend, but lag during a flat. Flat ones thrive in the flat, but die off as soon as a trend comes. All this would not be a problem, if it was easy to predict when a flat changes to a trend and when a trend changes to a flat, but in practice it is an extremely serious task. What if you develop such an algorithm, which could eliminate an indicator's flaws and enhance its strengths? What if such an algori

The Correct Entry indicator displays specific relatively correct points of potential market entries on the chart. It is based on the hypothesis of the non-linearity of price movements, according to which the price moves in waves. The indicator displays the specified points based on certain price movement models and technical data. Indicator Input Parameters: Сorrectness – The parameter characterizes the degree of accuracy of the entry signals. Can vary from 0 to 100. The default is 100. Accura

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

HiLo Activator is one of the most used indicators to determine trend. Find it here with the ability to customize period and colors. This indicator also plots up and down arrows when there is a change on the trend, indicating very strong entry and exit points. HiLo fits well to different types of periods for day trading. You can easily understand when it is time to buy or sell. It works pretty good also for other periods like daily and monthly signalizing long-term trends. The use of the indicato

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 Mac

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 ChM

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