PriceWave Signal Pro

PriceWave Signal Pro

BUY/SELL Trading Signal Indicator Without Repainting for MetaTrader 5

What is it

PriceWave Signal Pro is a technical indicator for MT5 that generates clear buy and sell signals directly on the chart. A signal appears only after the bar closes — the indicator does not repaint signals on history. What you see on closed bars will stay there forever.

The indicator is suitable for manual trading and for connecting to an Expert Advisor via iCustom() .

Key advantage — 7 presets directly on the chart

Most indicators require reloading when changing settings. PriceWave Signal Pro works differently: 7 trading styles switch with a single click directly on the panel, without opening settings, without restarting.

Preset Best for
Scalping Fast Aggressive scalping, M1–M5
Scalping Standard Standard scalping
Scalping Smooth Scalping with fewer signals
Intraday Intraday trading — recommended
Intraday Conservative Intraday, fewer signals, higher quality
Swing Swing trading, H4–D1
Long Term Long-term positions

The selected preset is saved automatically — it will be restored on the next terminal launch.

Built-in filters

To filter out weak signals, the indicator has three independent filters, each of which can be enabled or disabled:

Flat filter — blocks signals during periods of low volatility and sideways market movement. The sensitivity threshold is adjustable.

Multi-timeframe filter — a signal passes only if the higher timeframe confirms the direction. The timeframe is selected manually.

Cooldown — minimum pause between signals in bars. Eliminates series of signals in a row in the same direction.

Alerts

When a new signal appears, the indicator can:

  • show a popup window in MT5
  • send a Push notification to your phone
  • send an email

Information panel

A compact panel is displayed on the chart showing the current state:

  • symbol and timeframe
  • trend direction on the current and higher timeframe
  • filter status
  • time and direction of the last signal
  • preset switch buttons

Connecting to an Expert Advisor

Buffer 2 of the indicator returns the signal value for the EA:

  • 1.0 — BUY signal
  • -1.0 — SELL signal
  • 0.0 — no signal

Parameters

Main settings

  • Signal Preset — trading style at first launch. After that the active preset is saved automatically and controlled by the buttons on the panel. The value of this parameter after the first launch does not matter.

Flat filter

  • Enable flat filter — enable/disable the flat filter
  • Minimum trend strength — minimum trend strength level (15–50)

Multi-timeframe filter

  • Enable MTF confirmation — enable/disable the MTF filter
  • Higher timeframe — higher timeframe for confirmation
  • MTF sensitivity — sensitivity on the higher timeframe (5–20)
  • MTF multiplier — multiplier on the higher timeframe (1.0–5.0)

Cooldown

  • Enable cooldown — enable/disable the pause between signals
  • Minimum bars between signals — number of bars for the pause (1–50)

Appearance

  • BUY signal color — buy signal color
  • SELL signal color — sell signal color
  • Arrow size — signal marker size (1–5)
  • Arrow offset — marker offset from the bar (0.1–2.0)

Panel

  • Show dashboard panel — show/hide the panel
  • Chart corner — panel placement corner
  • X offset / Y offset — panel position on the chart
  • Font size — panel font size (7–20)

Alerts

  • Enable alerts — enable/disable alerts
  • Popup alert — popup window
  • Push notification — phone notification
  • Email notification — email

Compatibility

  • MetaTrader 5 build 2755 and above
  • All brokers, all symbols
  • Works simultaneously on multiple charts and symbols
  • Does not use DLL or external libraries

Recommended conditions

  • Platform: MetaTrader 5
  • Broker: any, preferably 5-digit quotes
  • Timeframes: M15 and above (for scalping — M1/M5)
  • Assets: currency pairs, indices, metals, cryptocurrencies

Disclaimer

The indicator is a technical analysis tool and does not guarantee profit. Any trading signal requires independent assessment of the market situation. Trading in financial markets involves the risk of loss of funds. The author is not responsible for the results of trading based on the indicator signals.

Before using on a live account, testing on a demo account is recommended.


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ADX MultiTF Dashboard Overview ADX MultiTF Dashboard is a multi-timeframe indicator that displays key information about trend strength and direction simultaneously across three selected timeframes. The indicator presents data in a compact dashboard format, showing ADX values, directional movement indicators, and RSI readings for comprehensive market analysis. The dashboard provides critical information for trading decisions including trend strength measured by ADX, trend direction determined by
FREE
CSM Vision Pro
Anastasia Danilova
CSM Vision Pro — Know Which Currency Is Strong Right Now Most traders open positions by looking at just one chart. CSM Vision Pro shows the full picture: the strength of all eight major currencies at the same time — USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD. You don’t just see price movement, you see its cause. This changes the quality of entries: instead of “it looks like EUR is rising” — “EUR is strengthening across all three timeframes, USD is weakening, the gap is 23 points — Top Pairs shows E
Currency Strength Dashboard Pro Professional real-time currency strength analysis dashboard for MetaTrader 5 . The indicator calculates and displays the strength of 8 major currencies (EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD) across 28 currency pairs simultaneously on multiple timeframes. The dashboard gives traders a complete market overview at a glance — without unnecessary calculations or switching between charts. Calculation Method The indicator is based on an advanced mathematical currency s
Candle Dominator
Anastasia Danilova
Candle Dominator Full version with advanced settings: Candle Dominator Pro What the indicator does Candle Dominator automatically identifies Bullish and Bearish Engulfing patterns on any trading instrument and timeframe. Arrows appear only on closed bars — no repainting. Signal quality filters EMA trend filter — signals only in the direction of the trend ATR volatility filter — excludes weak and anomalous candles Minimum candle body size — cuts out insignificant patterns Alerts Sound alert Pop-u
FREE
Shadow Pulse Brief Description Shadow Pulse is a professional indicator for identifying reversal points based on the mean reversion method. It generates highly accurate buy and sell signals using an intelligent multi-level filtering system. Trading Strategy The indicator is designed to work on any timeframes from M1 to H4 and shows exceptional results when scalping gold (XAUUSD). It can bde effectively applie both for aggressive trading on lower periods and for medium-term positions on higher ti
Adaptive Pulse
Anastasia Danilova
Adaptive Pulse - Professional Trading Signal System Brief Description Adaptive Pulse is a professional trading signal indicator based on adaptive market analysis technology. The indicator automatically adjusts to volatility and generates precise buy and sell signals with visual arrows on the chart. It works on all timeframes and financial instruments. Main Features The indicator provides a three-level analysis system with three independent adaptive lines, each of which adjusts to current market
Smart Grid Navigator
Anastasia Danilova
Adaptive Grid Trading System Smart Grid Navigator is a professional trading expert advisor that uses a multi-level grid strategy with an intelligent entry filtering system. The program automatically manages positions based on technical indicator analysis and market conditions. The advisor comes with optimized settings and is ready to use immediately after installation. You can launch it on a chart and start testing. All parameters have safe default values and can be adapted to your trading style
ADX MultiTF Scanner Pro Overview ADX MultiTF Scanner Pro — professional multi-currency trend scanner for MetaTrader 5. Displays trend strength and direction based on ADX and RSI simultaneously across up to 30 symbols and 5 timeframes in one compact Canvas panel with no flickering. The panel is built on Canvas — no flickering during updates, smooth mouse drag, support for up to 30 trading instruments simultaneously. The basic free version for a single symbol is available here: ADX MultiTF Dashboa
Candle Dominator Pro Why Candle Dominator Pro is not just another engulfing indicator Most engulfing indicators on the market follow the same logic: find two candles — draw an arrow. No filters, no trend context, no market awareness. The result — dozens of false signals every day. Candle Dominator Pro solves this problem through a multi-layer filtering system. Every signal passes up to 7 independent checks before appearing on the chart. You get fewer signals — but every single one is high quali
Proto 237
Anastasia Danilova
Proto 237 — Lock & Drain System Proto 237 is a losing position recovery system. The advisor automatically locks the losing position when price moves against you by the set distance and starts the recovery process without your involvement. No stop-loss. No panic. Four operating modes — for manual trading, automatic trading, catching your positions and protecting another EA.   IMPORTANT! After the purchase please send me a private message — I will send you ready-made settings and a detailed guide
Momentum Switch
Anastasia Danilova
Momentum Switch -   is a technical indicator designed to identify potential trend reversal points. The algorithm analyzes price movement dynamics and displays signals as arrows directly on the chart. The indicator uses mathematical smoothing to filter out market noise and provides the user with tools for additional signal confirmation.   The indicator does not repaint its values: signals are formed strictly on bar close.   Key Features   •        Multi-level filtering: Three independent filters
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