TrendCompass MT4

The indicator shows in one window the trend direction from multiple timeframes. If the trend from several timeframes coincides - arrows are drawn. You can also switch to the histogram, indicating the trend on the current timeframe.
The indicator draws entry points and approximate exit points on the chart.

Warning: since the indicator is multi-timeframe, when using in the strategy tester, quotes for all necessary timeframes should be downloaded in advance. In order not to wait for a long download of quotes in the tester, you can put the start date 2026.01.01 and Model "Open price only" or "Control points".

MT5 version of the indicator

Features

  • This indicator does not redraw. What is displayed on the historical chart will be displayed in real time.
  • It can be used to trade any assets: cryptocurrency, stocks, metals, indices, commodities, and currencies.
  • Works with all timeframes.
  • Signals for entry appear at the opening of a new candle, and are not redrawn.
  • Signals for exiting a deal are given tentatively, because often you can close a deal with more profit.
  • On the top left there is a detailed panel of transaction statistics, which can be minimized.
  • It uses a special formula for calculating the moving average, which determines the direction of the trend.
  • In order not to miss the appearance of a signal to enter a trade you can receive a notification in the Alert window and by Push.
  • For users of all levels from beginners to experts.

Statistics panel

  1.  The number of days from which the history of signals is taken.
  2.  Total number of signals for which statistics is given.
  3.  Ratio of the number of profitable and unprofitable signals.
  4.  Percentage of profitable signals from the total number of signals.
  5.  Median profit by signal.
  6.  Average profit by signal.
  7.  Total profit for all signals.
  8.  Median loss by signal.
  9.  Average loss by signal.
  10.  Total loss on all signals.
  11.  Current spread.

Settings parameters

  • Period:   Indicator sensitivity.
  • M1-MN1 coincidences:   Selection of timeframes, on which arrows are drawn when the trend coincides.
  • Font size:   Font size for the statistics panel.
  • Show entry/exit points:   Enable/disable displaying entry and exit points from the market.
  • Use alert notification:   Enable/disable pop-up window with sound notification.
  • Use push notification:   Enable/disable push notifications.

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3.5 (6)
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
The Notorious OB MT4
WI CAPITAL
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The Notorious OB — order blocks, liquidity sweeps and wick levels. The Notorious OB maps order blocks (OB) the way institutional traders read them: the last opposing candle before a strong displacement, formed after a liquidity sweep of a nearby swing high or low. You choose the structure timeframe, for example M15 behind an M1 chart, and the indicator tracks every block, its fair value gap when there is one, and the liquidity still resting above and below price. An arrow prints when price retur
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