• Overview
  • Reviews (1)
  • Comments

RMI Indicator

3

The underlying strategy of this indicator is based on identifying momentum in the market and attempting to capture the direction of the trend through transitions between bullish and bearish moments. Utilizing bands around the RWMA allows for identifying potential overbought and oversold situations in the market.


1. Calculation of the Range Momentum Index (RMI):

  • The RMI is based on a combination of the Relative Strength Index (RSI) and the Money Flow Index (MFI), both of which are momentum indicators. 
  • First, changes in the closing price are calculated. Then, positive and negative movements are separately calculated and smoothed using a Recursive Moving Average (RMA). 
  • This smoothing is a method for reducing noise in the data. 
  • Subsequently, the RSI and MFI are calculated and averaged to obtain the RMI.

2. Definition of bullish and bearish moments:

  • Conditions are defined to identify bullish and bearish moments. These conditions are based on the relationship between the RMI, predefined thresholds (pmom and nmom), and the change in the Exponential Moving Average (EMA) of the closing price.

3. Calculation of the band and the Range Moving Averages (RWMA):

  • A custom band is calculated based on the Average True Range (ATR), which is defined around the RWMA. This band serves to define the range around the RWMA. 
  • The RWMA is calculated by dividing the range (High - Low) of the current candle by a weighted Moving Average (MA) of the closing prices. This is then displayed around the band.

3. Plotting and visualization:

  • The RWMA is plotted and colored according to the previously defined bullish and bearish moments. 
  • In addition, fills are created to mark the range around the RWMA. 
  • The candlesticks are colored based on the bullish and bearish moments.

4. Trading signals:

  • Trading signals are generated when the sign of the RWMA changes. A "BUY" signal is generated when the sign changes from negative to positive, and vice versa for a "SELL" signal.


Recommended products
Fibrillar
Vitalii Zakharuk
Indicators
It is very easy to use the Fibrillar indicator, since the simplest is to look at the chart and act according to the indications of the colored arrows. The algorithm takes into account the measurement of prices, and this method also focuses on measuring each of the price drops (H / C, H / O, LC, LO) - which gives more detailed information, but also more averaged. When calculating this indicator, logarithmic gains are first calculated at the closing price, which allows you to filter out the tre
Easy Buy Sell Signal Alert
Franck Martin
4.83 (6)
Indicators
Easy BySell is a market indicator for opening and closing positions. It becomes easy to track market entries with the alerts. It indicates the trend reversal points when a price reaches extreme values and the most favorable time to enter the market. My other products  with its advanced technology   ( artificial neural networks )  :   https://www.mql5.com/en/users/incepline/seller The algorithm is based on ATR and Stochastic Oscillator indicators. You can modify these two parameters as you
Xtrade Trend Detector
Dago Elkana Samuel Dadie
Indicators
Xtrade Trend Detector is an indicator capable of finding the best opportunities to take a position in any stock market. Indeed, it is a great tool for scalpers but also for Daytraders. You could therefore use it to identify areas to trade, it fits easily on a chart. I use it to detect trends on Big timeframes and take positions on Small timeframes. Don't hesitate to give me a feedback if you test it.
KT Half Trend MT5
KEENBASE SOFTWARE SOLUTIONS
Indicators
The KT HalfTrend is a moving average-based trend indicator that draws zones. It marks a trend shift by drawing bearish and bullish invalidation zones on the chart. It also displays the trend buy-sell strength with arrows on the main chart. The indicator will be flat if no trend indicates accumulation, temporary price, or distribution zones. If there is a trend, there will be a slope in that direction. The trend signals are substantial if the slope is steep, either to the upside or the downside.
Trend And Corrections MT5
Alexander Nikolaev
Indicators
The indicator helps to enter a trade following the trend, at the same time, after some correction. It finds strong trending movements of a currency pair on a given number of bars, and also finds correction levels to this trend. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the indicator signals this. You can set different correction values, 38, 50 and 62 (Fibonacci levels) are better. In addition, you can set the minimum trend lengt
Mean Reversal Heikin Ashi Indicator
Renato Takahashi
Indicators
Mean Reversal Heikin Ashi Indicator calculates special trade reversal points based on Heikin Ashi candlesticks patterns. This indicator can be used on all symbols, even in Forex or B3 Brazillian Markets. You can configure just the position of each arrow. Then, after include the indicator on the graphic, pay attention on each arrow that indicates a long or short trade.
Trend Enthusiasm Indicator
eSoftrade
Indicators
Introducing the Trend Enthusiasm Indicator (TEI), the ultimate tool for maximizing profits on the trading floor. This innovative indicator combines the power of trend analysis with the excitement of market sentiment, providing traders with a unique edge in the ever-changing financial markets. The TEI uses advanced algorithms to analyze the underlying trend of a financial instrument and the enthusiasm of traders to identify high-profit opportunities. This allows traders to capitalize on the combi
Rocket Trend
Andriy Sydoruk
Indicators
The Rocket Trend indicator is trending. The indicator draws two-color points connected by lines along the chart. This is a trend indicator, it is an algorithmic indicator. It is easy to work and understand when a blue circle appears, you need to buy, when a red one appears, sell. The indicator is used for scalping and pipsing, and has proven itself well. Rocket Trend is available for analyzing the direction of the trend for a specific period of time. Ideal for novice traders learning the laws o
Rectangle Detector Alert
KATE CHIDINMA SNOGBA
Indicators
Rectangle Detector Alert About Rectangle Detector Alert Indicator Rectangle detector alert detects manually drawn rectangle shapes on charts and sends out push notifications also auto extending the rectangles at the same time as new candles form. The concept behind this indicator is based on the manual trading of supply and demand zones. Most  traders prefer  to draw their supply (resistance) and demand (support) zones manually instead of  depending on indicators to auto draw  the
Fractal Channel Breakout MT5
KEENBASE SOFTWARE SOLUTIONS
Indicators
KT Fractal Channel Breakout draws a continuous channel by connecting the successive Up and Down fractals. It provides alerts and also plots the Up and Down arrows representing the bullish and bearish breakout of the fractal channel. Features If you use Bill Williams fractals in your technical analysis, you must also include it in your trading arsenal. It can be very effective and useful for stop-loss trailing. A new market trend often emerges after a fractal channel breakout in a new directi
MasterCharts
Alexander Berger
Indicators
You can think of these indicators as moving pivot points. MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long (buying). When your trading instrument closes below the Red line, we think about Shorting (selling). It is very easy to read price action if you have a reference point. These support/resistance lines are there to help
ACB Breakout Arrows Scanner MT5
KEENBASE SOFTWARE SOLUTIONS
Indicators
It's a multi-symbol and multi-timeframe scanner for our indicator - ACB Breakout Arrows . With default settings, it scans for the buy/sell signals on 28 currency pairs and 9 time-frames concurrently.   Features It can scan 252* combinations of symbols and time-frames from a single chart. Open the signal's chart loaded with a predefined template with a single click.  Easy drag n drop anywhere on the chart. Real-time alerts with popup, sound, push-notifications and email alerts.  Input Para
My PVSR
Ashok Kumar Singha
Indicators
My PVSR   is based on All Type of Pivot Points. Use this Indicator to get proper Support / Resistance Zone and Trade accordingly.. Recommendation: Use this Indicator along with my another Indicator --->>> Dr. Trend   <<<--- Click Here ; To get the best output result feel free to contact me ; Best of Luck It can be used for: All Pairs: Forex, Cryptocurrencies, Metals, Stocks, Indices etc. All Timeframe All Brokers All type of Trading Style like Scalping, Swing, Intraday, Short-Term, Lon
Three Candles Pattern
Edson Cavalca Junior
5 (1)
Indicators
The patterns of 3 (three) Candles: Three White Soldiers; Three Black Crows; These are reversal patterns widely used by traders, as they have a high probability of showing the inversion of the current market movement. For example, if in a bullish trend there are three black crows, there is a high probability of reversing the current bullish movement. The Three White Soldiers have the following characteristics: There are 3 consecutive candles with a good body, that is, the difference between
TimeChannel
Thalles Nascimento De Carvalho
Indicators
The "Timechannel" is a powerful technical analysis tool designed specifically for traders who want to gain deeper and more accurate insights into price movements across multiple timeframes (multi-timeframe). This indicator is an essential addition to the toolbox of any serious trader seeking to make informed and data-driven trading decisions. Key Features: Advanced Multi-Timeframe Analysis : Timechannel allows traders to analyze price movements on different timeframes simultaneously. This is cr
Trend Entry
Lorenzo Edward Beukes
Indicators
Trend Entry Indicator Your Trading will Be easier with this indicator!!! This Indicator is Developed To make our trading life easier. Get an Arrow for Entry with Take Profit and Slop Loss marks on chart. - Indicator is Based on trend, because thats what we all want we want to follow the trend "it's our friend". - Based on Levels, price action and oscillators. - It works on all currency pairs, all indices, metals and stock. - it works on all pairs/indexes on Deriv including Boom and Crash. - Tim
KT 4 Timeframe Trend MT5
KEENBASE SOFTWARE SOLUTIONS
Indicators
The KT 4 Time Frame Trend is an invaluable forex indicator for traders seeking to identify the trend direction across 4-time frames accurately. This innovative indicator allows users to simultaneously observe and analyze price trends across four different timeframes. Whether you're a beginner or an experienced trader, this tool offers an enhanced understanding of trend dynamics, leading to improved trading strategies on your trading platform. The capability to concurrently monitor multiple timef
Vix 75 and Boom Sniper Entry
Ntsako John Mhangani
Indicators
Vix 75 and Boom Sniper Entry = Assistance for Non Beginners traders = Market Structure is KEY =Trading is a Risk ... Know what you are entering into when starting your trading journey  Basically the indicator gives signals due to reach of Support and Resistance, it also give signals on touch of order block. Works Best on Gold and Eurusd and Synthetic Index  - its best give accurate confluences with a TDI TDI settings: RSI Period -10 Bollinger Bands - Period 34 - First indicators Data Movin
Bollinger Bands Advanced Edition For 5
Kaijun Wang
4.75 (12)
Indicators
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Advanced Bollinger Bands: 1. The Bollinger rail will change color with the direction" 2. T
FREE
Alert Up Down MT5
William Oswaldo Mayorga Urduy
Indicators
ALERT UP - DOWN FOR METATRADER 5 This indicator generates an alert when the price leaves the zone between the UP and DOWN lines. You can generate alerts of various types such as: > Sound > Message box > Message in the expert box > Mail (previously configured) > PUSH notifications (previously configured) The lines must be configured from the indicator properties and not from the lines properties, since if it is done from the lines properties, the finonacci may be affected.
Candlestick Patterns with Alerts MT5
Peter Mueller
5 (2)
Indicators
With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing: Disabled/Enabled/EnabledwithAlert Pin:  Disabled/Enabled/Enabledw
FREE
Moving averages applied to Open Close OCC
Yashar Seyyedin
Indicators
- This is an implementation of OCC ==> open close cross - This indicator applies twelve different averaging methods to open and close prices separately to signal the trend switching. - All MA methods are set as input as well as period and different offsets applied to linear regression and ALMA averaging. - Buffers 16 and 17 can be used in EAs to detect trend direction. - You can message in private chat for further changes you need.
Bounce Zone MT5
Nguyen Thanh Cong
4 (6)
Indicators
Introduction The Bounce Zone indicator is a cutting-edge non-repainting technical tool built to identify key areas on the price chart where market sentiment is likely to cause a significant price reversal. Using advanced algorithms and historical price data analysis, this indicator pinpoints potential bounce zones. Combined with other entry signal, this indicator can help forex traders place the best trades possible Signal A possible buy signal is generated when price is in the green zo
FREE
Pivot Point Fibo RSJ
JETINVEST
4.33 (18)
Indicators
Pivot Point Fibo RSJ is an indicator that traces the support and resistance lines of the day using Fibonacci rates. This spectacular indicator creates up to 7 levels of support and resistance through Pivot Point using Fibonacci rates. It is fantastic how the prices respect each level of this support and resistance, where it is possible to perceive possible entry/exit points of an operation. Features Up to 7 levels of support and 7 levels of resistance Set the colors of the levels individual
FREE
ICT Market Structure
Yong Jie Su
5 (1)
Indicators
If you are searching for a reliable indicator to trade the ICT concept,The ICT Market Structure provide a user manual for traders using more advanced strategies. This all-in-one indicator focuses on ICT Concepts(Smart Money Concepts). ICT Market Structure trying to understand how institutions trade, helping predict their moves. By understanding and utilizing this strategy, traders can gain valuable insights into market movements and finding more practical entries & exits based on price action. H
Indicator LuxAlgo Envelope
Luis Orlandini
Indicators
This indicator builds upon the previously posted Nadaraya-Watson smoothers. Here we have created an envelope indicator based on Kernel Smoothing with integrated alerts from crosses between the price and envelope extremities. Unlike the Nadaraya-Watson estimator, this indicator follows a contrarian methodology. Please note that by default this indicator can be subject to repainting. Users can use a non-repainting smoothing method available from the settings. The triangle labels are designed
Multi Symbols In The Same Chart For MT5
Kaijun Wang
5 (9)
Indicators
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Can set the cycle for other varieties of K line graph covered this window, fluctuations obse
FREE
Point Black
Ignacio Agustin Mene Franco
Indicators
Black Card Pack indicator 5/1 point black It has the strategy of professional bollingers where each arrow gives you a different entry signal. It is used to operate in m1 and in d1 It is used for scalping and intraday, modified for forex markets ! suitable for all pairs modified for synthetic index markets suitable for all pairs! Ideal for volatility and jumps!
Supreme CCI Divergence Indicator
Eveline Van Neyghem
Indicators
A lot of professional traders use high quality divergence signals as a part of their strategy to enter a position. Spotting correct divergences quickly can often be hard, especially if your eye isn’t trained for it yet. For this reason we’ve created a series of easy to use professional oscillator divergence indicators that are very customisable so you get only the signals you want to trade. We have this divergence indicator for RSI, MACD, Stochastics, CCI and OBV. RSI:   https://www.mql5.com/en/
MT5 Pivot Points High Low Extension
Yong Li
Indicators
Descriptions A point point is a technical analysis indicator, or calculations, used to determine the overall trend of market over different time frames. This indicator calculate the highest or lowest pivots among left x and right y bars and show the high/low level during that period.   From that, you could clearly see the top resistance & bottom support level and how market goes break out. Instructions pivotLeft - pivot left bar count pivotRight - pivot right bar count pivotHighColor - c
Buyers of this product also purchase
Smart Trend Trading System MT5
Issam Kassas
4.81 (37)
Indicators
First of all Its worth emphasizing here that this Trading System is Non-Repainting , Non-Redrawing and Non-Lagging Indicator , Which makes it ideal from both manual and robot trading .  The Smart Trend Trading System MT5 is a comprehensive trading solution tailored for new and experienced traders . It combines over 10 premium indicators and features more than 7 robust trading strategies , making it a versatile choice for diverse market conditions . Trend Following Strategy : Provides precise ent
Atomic Analyst MT5
Issam Kassas
4.27 (11)
Indicators
First of all Its worth emphasizing here that this Trading Indicator is   Non-Repainting ,   Non-Redrawing   and   Non-Lagging   Indicator, Which makes it ideal from both manual and robot trading.  The Atomic Analyst  is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with an AI filter which help remove noises and false signals, and Increase Trading Potential. Using Multiple layers of complex Indicators, the Atomic Analyst
FX Volume MT5
Daniel Stein
4.94 (17)
Indicators
Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
Quantum Trend Sniper
Bogdan Ion Puscasu
5 (37)
Indicators
Introducing   Quantum Trend Sniper Indicator , the groundbreaking MQL5 Indicator that's transforming the way you identify and trade trend reversals! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Trend Sniper Indicator   is designed to propel your trading journey to new heights with its innovative way of identifying trend reversals with extremely high accuracy. ***Buy Quantum Trend Sniper Indicator and you could get Quantum Breakout Indicator fo
Trend Screener Pro MT5
STE S.S.COMPANY
4.89 (61)
Indicators
Unlock the Power of  Trends trading with Trend Screener Indicator: Your Ultimate Trend Trading Solution powered by fuzzy logic and Multi-currencies System ! Elevate your trend trading with Trend Screener, the revolutionary trend indicator powered by   fuzzy logic.  It is a powerful trend-following indicator that combines over  13 premium tools and features and 3 trading strategies  , making it a versatile choice to   make your Metatrader a Trend Analyzer. LIMITED TIME OFFER : Trend Screener Indi
RelicusRoad Pro MT5
Relicus LLC
4.82 (22)
Indicators
How many times have you bought a trading indicator with great back-tests, live account performance proof with fantastic numbers and stats all over the place but after using it, you end up blowing your account? You shouldn't trust a signal by itself, you need to know why it appeared in the first place, and that's what RelicusRoad Pro does best! NOW $147 (increasing to $499 after a few updates) - UNLIMITED ACCOUNTS (PCs or MACs) **  User Manual + Strategies + Training Videos + Private Group with
Smart Price Action Concepts MT5
Issam Kassas
4.08 (12)
Indicators
First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for professional trading . The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one , combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on Smart Money Concepts , prov
Entry Points Pro for MT5
Yury Orlov
4.54 (157)
Indicators
Top indicator for MT5   providing accurate signals to enter a trade without repainting! It can be applied to any financial assets:   forex, cryptocurrencies, metals, stocks, indices .  Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! MT4 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of
FX Power MT5 NG
Daniel Stein
5 (4)
Indicators
Trading GOLD, and currencies, with the dog walk strategy  - super smart Trading GOLD, and currencies, with the breakout strategy  - super easy Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Power MT5 NG  is the next generation of our long-time very popular currency strength meter, FX Power.  And what does this next-generation strength meter offer? Everything you have loved about the original FX Power  PLUS GOLD/XAU st
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Indicators
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Suppl
Auto Orderblock with Break of Structure MT5
Barend Paul Stander
4.64 (14)
Indicators
Auto Order Block with break of structure based on ICT and Smart Money Concepts Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   ,  MTF      ( Multi Time Frame )    Volume Imbalance     ,  MTF          vIMB Gap’s Equal High / Low’s     ,  MTF             EQH / EQL Liquidity               Current Day High / Low           HOD /
XQ Indicator MetaTrader 5
Marzena Maria Szmit
5 (1)
Indicators
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Smart Market Structure Concepts MT5
Jing Bo Wu
4.72 (82)
Indicators
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG, Inversion FVG, IFVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB
Blahtech Supply Demand MT5
Blahtech Limited
4.57 (14)
Indicators
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Market Reversal Alerts MT5
LEE SAMSON
4.81 (21)
Indicators
Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaustion point. The indicator draws in a rectangle on
ON Trade Gann Squares MT5
Abdullah Alrai
5 (1)
Indicators
Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates  method for utilizing the Square of 9 in conjunction with channels and the star pa
AW Trend Predictor MT5
AW Trading Software Limited
4.76 (54)
Indicators
The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history. The indicator calculates Take Profit and Stop Loss marks. Manual and instruction ->  HERE  / MT4 version ->  HERE How to trade with the indicator:  Trading wit
Volume by Price MT5
Brian Collard
5 (3)
Indicators
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
TrendLine PRO MT5
Evgenii Aksenov
4.78 (49)
Indicators
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss lev
MetaBands M5
Vahidreza Heidar Gholami
4.67 (3)
Indicators
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Quantum Breakout Indicator PRO MT5
Bogdan Ion Puscasu
5 (4)
Indicators
Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Breakout PRO   is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breako
Owl Smart Levels MT5
Sergey Ermolov
4.47 (36)
Indicators
MT4 version  |   FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User
Gartley Hunter Multi
Siarhei Vashchylka
5 (5)
Indicators
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all classic timeframes: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all classic timeframes 3. Search for patterns of all possible sizes. Fr
Trend Line Map Pro MT5
STE S.S.COMPANY
4.67 (9)
Indicators
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
TrendDecoder Premium MT5
Christophe, Pa Trouillas
5 (1)
Indicators
Identify ranges  | Get earliest signals of Trends  | Get clear exits before reversal  | Spot the Fibo levels the price will test   |  Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units $69   for launch - then back to >>   $149 After purchase,   please contact me on this channel   for recommended and personalised settings MT4   version:  Click here Get our full method with  BladeSCALPER  and   PowerZONES What is it about? TrendDE
TPSproTREND PrO MT5
Roman Podpora
5 (5)
Indicators
TPSpro TRENDPRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  -  Version MT4                  DETAILED DESCRIPTION        /       TRADING SETUPS       
Blahtech Market Profile MT5
Blahtech Limited
5 (8)
Indicators
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Golden Spikes Detector
Batsirayi L Marango
5 (1)
Indicators
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implemented to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised to be loaded on 5-minute timeframe although multiple timeframe analysis is done in the background. Features ·             Desktop pop up and sound
Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (14)
Indicators
Matrix Arrow Indicator MT5  is a unique 10 in 1 trend following   100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments:   forex,   commodities,   cryptocurrencies,   indices,   stocks .  Matrix Arrow Indicator MT5  will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Aver
IX Power MT5
Daniel Stein
5 (2)
Indicators
IX Power   finally brings the unbeatable precision of FX Power to non-Forex symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can   analyse everything   your terminal has to offer. Try it out and experience how   your timing improves significantly   when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Investments
More from author
Universal Reversal
Matthias Effler
Indicators
The indicator calculates reversal points based on the past trend and forms a channel (outer) on this basis. This elapsed time span from which the reversal points are determined can be specified in the settings. An inner channel is also drawn in white. The trend continues in this channel, if there is a sideways trend. Here the upper / lower line form the possible turning point. The indicator is suitable for all trading areas, whether forex, crypto, metals, indices or futures. All areas trade
Higher high and lower low MT4
Matthias Effler
Indicators
This indicator shows you the higher high and lower low of a certain period of time. It is easy to use - select your desired time frame (current, 15Min, 1H, 1D) and the corresponding number of candles. The indicator measures the highest and lowest point within the specified range and automatically draws the two corresponding lines. The design of the lines is up to you! Should the trend break one of the drawn lines with a closed candle, a message will be sent to you by the built-in alarm f
Universal Reversal EA MT4
Matthias Effler
Experts
The Universal Reversal EA is based on a reversal/pullback strategy of the current trend. Due to the wide range of applications, the EA can operate as a stand-alone EA, or due to the low risk settings, serve as a supplement to an existing trading setup. The solid backtests of more than 10 years show the durability of the EA under various market situations and global economic crises. The setting file can be found here   (Comments #1) .   Further explanations are below the settings. Universal Rev
Universal Reversal MT5
Matthias Effler
Indicators
The indicator calculates reversal points based on the past trend and forms a channel (outer) on this basis. This elapsed time span from which the reversal points are determined can be specified in the settings. An inner channel is also drawn in white. The trend continues in this channel, if there is a sideways trend. Here the upper / lower line form the possible turning point. The indicator is suitable for all trading areas, whether forex, crypto, metals, indices or futures. All areas trade
Higher high and lower low MT5
Matthias Effler
Indicators
This indicator shows you the higher high and lower low of a certain period of time. It is easy to use - select your desired time frame (current, 15Min, 1H, 1D) and the corresponding number of candles. The indicator measures the highest and lowest point within the specified range and automatically draws the two corresponding lines. The design of the lines is up to you! Should the trend break one of the drawn lines with a closed candle, a message will be sent to you by the built-in alarm f
Universal Reversal EA MT5
Matthias Effler
Experts
The Universal Reversal EA is based on a reversal/pullback strategy of the current trend. Due to the wide range of applications, the EA can operate as a stand-alone EA, or due to the low risk settings, serve as a supplement to an existing trading setup. The solid backtests of more than 10 years show the durability of the EA under various market situations and global economic crises. The setting file can be found here (Comments #1) .   Further explanations are below the settings. Universal Reve
Filter:
Habibu Asini Shabani
275
Habibu Asini Shabani 2024.03.13 05:53 
 

Well not so bad, but you need to think about upgrading your indicator because false signals and on top of that kindly add signals checklist for someone to follow before taking a trade.

Reply to review