TrueVolumeSurrogate

4.43

This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution, which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, currency futures).

The indicator shows the volumes as a green histogram. 3 horizontal levels denote - mean, 1 sigma, and 3 sigmas regions from the mean.

Reviews 10
trane
26
trane 2021.09.02 19:15 
 

Excellent indicator!

dhill91
114
dhill91 2021.05.29 20:01 
 

This is the only indicator that you need.

cvdestyfx
2925
cvdestyfx 2019.12.17 01:26 
 

Excellent volume indicator! The more I use it, the more I see how superior it is compared to other volume indicators in finding high probability reversal signals. This indicator can also be used to find strong support and resistance levels—if you know how to read volume. It is the best volume indicator I have used thus far. It's worth far more than what the seller is asking in my opinion.

Recommended products
Simply The Best Pro
Szymon Palczynski
5 (1)
Indicators
This indicator displays the histogram and arrows on chart. When Simple The Best Pro are placed on a chart, they identify the trend.  The color of may be blue or red. The blue color stands for upside moves and the red color stands for downside trends. The indicator offers to set Stop Loss (SL) and  Take Profit (TP)  setting. The default value is ATR. Indicator has automatic optimization. The STB is a unique indicator that shows the tendency (button Bars) of a particular signals. The STB tells us
MR Volume Profile 4
Sergey Khramchenkov
Indicators
The "MR Volume Profile 4" indicator is a charting tool that displays trading volume at different price levels rather than time intervals. A key concept in volume profile is the point of control (POC)—the price level with the highest volume traded during the session or time range. While tools like VWAP or OBV provide volume trends, the "MR Volume Profile 4" indicator offers granular detail about where the most market activity occurs at specific price levels. This makes it a more precise tool for
Blahtech Market Profile
Blahtech Limited
4.53 (15)
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. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Ins
Volume Profile Sniper
Vadim Verkhovtsev
Indicators
Volume Profile Sniper v11.1 is a comprehensive market analysis tool A professional approach to trading Volume Profile Sniper v11.1 combines more than 15 key filters in one indicator, providing clear signals based on a comprehensive assessment of the market situation. Main features Volume imbalance analysis – the algorithm calculates the share of buyers and sellers in each candle, signaling the predominance of one of the parties (configurable threshold from 50% to 90%). Multilevel signal filte
HTF Candles for MetaTrader 4 by BOToBRACIA
Jakub Wojciech Sularz
Indicators
HTF Candles is a practical technical analysis indicator that plots candles from a selected higher timeframe directly on your chart. It displays both the candle body and wicks, allowing you to see the full price structure of the chosen timeframe without switching chart intervals. The indicator allows you to: • observe higher timeframe context without leaving your current chart • quickly determine bias (trend tendency — whether buyers or sellers currently have the advantage) and the range of the h
New Bar Alarm Pro
Tomoyuki Nakazima
Indicators
This indicator alerts you when/before new candle bar formed. In other words,this indicator alerts you every 1/5/30/60/240 minutes. This indicator is especially useful for traders who trade when new bars formed. *This indicator don't work propery in strategy tester.Use Free Version to check functionality in live trading. Input Parameters Alert_Or_Sound =Sound ----- Choose alert or sound or both to notify you when new bar is coming. Enable_1mBarAlert ----- Enable alert for 1 min bar diff_1m --
CumulativeDeltaBars
Stanislav Korotky
Indicators
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 VolumeDelta , but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 5 exists - VolumeDeltaBars . This is a limited substitution
Liquidity Profile
Agus Santoso
Indicators
MT4 Version : https://www.mql5.com/en/market/product/166784 MT5 Version : https://www.mql5.com/en/market/product/166785 LIQUIDITY PROFILE LIQUIDITY PROFILE is a visual market structure tool that maps potential liquidity zones on the chart using a dynamic heatmap-style profile. This indicator analyzes historical price action and tick volume, then highlights price areas where liquidity is likely concentrated. It draws: Liquidity lines (potential reaction/sweep levels) Heatmap profile boxes (li
Astral Energy
Pieter Gerhardus Van Zyl
Indicators
Astral Energy (MT4) From the Astral Mechanics Lab – Ptr777 Overview Astral Energy is an advanced subwindow indicator designed to visualize the directional “flow” of market energy through a harmonic dual-stream histogram. It interprets the balance of internal strength and weakness within price movement — revealing when the market’s astral momentum is aligning for expansion (ascending phase) or contraction (descending phase). Behind the scenes, Astral Energy translates complex volatility and di
Currency Quote
Bott Consulting Group
Indicators
Real-time trend, pricing, and volume details in the corner of the current chart. This indicator displays useful trend, pricing, and volume information in the corner of the current chart. With this indicator, you get real-time market trend, pricing (Ask, Bid, spread, Open, High, Low, change from previous bar Close), and volume (current, High, average). After the indicator is executed, you will see this real-time data in the upper right-hand corner of the chart or an alert indicating that an error
Time and Price Line
Kang Yi Da Tian
Indicators
Displays the local time with the time difference you set. (It does not correspond to the time difference in 30-minute increments.) It also displays a price line with a good price, such as 100.000 .100 or .200. The standard gridlines are displayed with the time and price by MT4, but they are very confusing as they become the broker's time and are displayed at the halfway point along with the price. It hides them and displays gridlines at user-defined time differences and prices in easy-to-unders
Koala Supply Demand
Ashkan Hazegh Nikrou
4.6 (5)
Indicators
Introducing Koala Supply Demand ( We encourage you to share your review or feedback—whether positive or negative—so other traders can benefit from your experience.)  Welcome to  Koala Supply Demand Indicator. This indicators designed to identify unbroken supply and demand zones in different time frames, this indicator can help trader to view market as zone areas, you can see how price respect some power full zones, this indicator also can show you price action signals when they formed inside zon
FREE
VWAP Indicator by PipTick MT4
Michal Jurnik
4.5 (2)
Indicators
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  -
Zig Zag 123
Stephen Reynolds
Indicators
Zig Zag 123 tells us when a reversal or continuation is more likely by looking at the shift in supply and demand. When this happens a signature pattern appears known as 123 (also known ABC) will often break out in direction of higher low or lower high. Stop loss and take profit levels have been added. There is a panel that shows the overall performance of your trades for if you was to use these stop loss and take profit levels.  We get alerted if a pattern 123 appears and also if the price re
FREE
Session High Low
Jerome Asiusin
Indicators
This indicator help to mark the high and low of the session Asian,London,Newyork , with custom hour setting This indicator is set to count from minute candle so it will move with the current market and stop at the designated hour and create a accurate line for the day. below is the customization that you can adjust : Input Descriptions EnableAsian Enables or disables the display of Asian session high and low levels. EnableLondon Enables or disables the display of London session high and
FREE
Movexa Pro FX Gold Strength Dashboard
Regidor Ilagan Tumbaga
Indicators
Movexa Pro FX_Gold Strength Dashboard Top Movers Pro is a professional market scanner for MetaTrader that helps traders quickly identify the strongest and weakest pairs on one clean dashboard. It combines: fast momentum medium-term momentum daily bias true currency strength This helps traders stop wasting time scanning multiple charts and focus only on the pairs showing real movement and directional pressure. Top Movers Pro is ideal for scalpers, intraday traders, and trend traders who want a fa
Forex Market Profile and Vwap
Lorentzos Roussos
4.86 (7)
Indicators
Volume Profile Indicator / Market Profile Indicator What this is not : FMP is not the classic letter-coded TPO display , does not display the overall chart data profile calculation , and , it does not segment the chart into periods and calculate them. What it does :  Most importantly ,the FMP indicator will process data that resides between the left edge of the user defined spectrum and the right edge of the user defined spectrum. User can define the spectrum by just pulling each end of the indi
FREE
Magneto
Vladimir Blednov
Indicators
Description Indicator for MT5 is here. It displays alternative (mathematically calculated) support and resistance levels, as well as the levels the price is most likely to achieve in the near future. The calculation is based on history data, and the quality of quotes is critical when generating lines. The lines built by Magneto Pro and Magneto Weekly Pro do not change on the entire calculation period. Application Magneto Pro can be used both in conjunction with an existing strategy and as a sel
History Pattern Search
Yevhenii Levchenko
Indicators
The indicator builds current quotes, which can be compared with historical ones and on this basis make a price movement forecast. The indicator has a text field for quick navigation to the desired date. Options: Symbol - selection of the symbol that the indicator will display; SymbolPeriod - selection of the period from which the indicator will take data; IndicatorColor - indicator color; Inverse - true reverses quotes, false - original view; Next are the settings of the text field, in w
Gold Phase
Pieter Gerhardus Van Zyl
Indicators
Gold Phase is a precision timing oscillator built specifically for XAUUSD (Gold) on the 1-minute and 5-minute charts . It combines a dominant cycle line (Gold Center) with a responsive Phase Angle to reveal real-time shifts in market direction. The focus is not on extremes, but on clean crossover signals that reflect changes in momentum and control. ️ Important: This indicator is only suitable for Gold (XAUUSD) on M1 and M5 . Performance will degrade on other pairs or timeframes. How to Use The
Dollar Mint Indicator
David Mwaniki Mbugua
Indicators
Dollar mint indicator is a special workmanship with years of experience in forex.   Dollar mint ea is a fully non repaint indicator optimised with price action data such that once it gives you a signal t . The indicator   can be used to trade anything on the mt4 with much ease. Benefits ; Fully non repaint Use in any timeframe Use in all the available tradable assets on mt4 Best to use on h4. It generates fully analysed buy and sell signals based on trend and also filters out retracements and
Deep Insight Candles
Richard Bystricky
Indicators
Deep Insight Candles is an indicator that brings an entirely new perspective to the price chart. It focuses on revealing hidden structures in market movements, uncovering buyer and seller pressure, thus helping traders to better identify key levels, dynamics, and potential reversals. The indicator conveys deeper market insights, allowing traders to make decisions based on a more accurate perception of market sentiment and pressure at specific price levels. This innovative approach transforms the
Daily Average Retracement Dashboard PRO
Ruen Fei Chong
Indicators
Daily Average Retracement Dashboard is an indicator that allows you to monitor multiple currency pairs at one time. This indicator is mainly for strategies that trade price retracement based on Resistance 3/4 or Support 3/4. After applying this indicator to the chart window, it will hide the chart and display the currency pairs in a table form. There are several data shown on the table that will help trader know when to analyze the currency and do trade using retracement. The indicator will show
MCP Touch system
Anton Iudakov
Indicators
Multicurrency indicator in table format. Signals appear with confirmation, do not redraw. The indicator works on the current (open) timeframe. Notifications come for an open instrument. The strategy includes: price touching the moving average in the direction of the trend, as well as an extraordinary recalculation of the classic ADX indicator to determine the trend as an additional filtering of entries. Entries are displayed on the chart as arrows and, as mentioned above, the arrows are not redr
SX Supply Demand Zones MT4
Mojtaba Sarikhani
Indicators
SX Supply Demand Zones accurately identifies and draws high-probability Supply and Demand zones using a sophisticated algorithm. Unlike traditional indicators that clutter your chart, this indicator is designed with a focus on performance and a clean user experience. New Unique Feature: Interactive Legend System What truly sets this indicator apart from everything else is the Interactive Control Legend. You have a professional dashboard directly on your chart that allows you to: Show/Hide: Ins
FREE
BoxInside MT4
Evgeny Shevtsov
4.83 (6)
Indicators
This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M5 to MN, but it uses the history data of smaller periods: M1 - for periods from M5 to H1, M5 - for the H4 period, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are considered to be c
FREE
VPO Profile MT4
Kyra Nickaline Watson-gordon
5 (2)
Indicators
Definition : VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words volume-price-opportunity (VPO) profiles are histograms of how many volumes were traded at each price within the span of the profile. By using a VPO chart, you are able to analyze the amount of trading activity, based on volume, for each
UPD1 Profile Levels
Vitaliy Kuznetsov
5 (7)
Indicators
The indicator finds the levels of the maximum and minimum price volume (market profile) on the working histogram for the specified number of bars.  Composite profile . The height of the histogram is fully automatic and adapts to any instrument and timeframe. The author's algorithm is used and does not repeat well-known analogues. The height of the two histograms is approximately equal to the average height of the candle. Smart alert will help you to inform about the price concerning the volume
Currencies Gold Momentum Flow Dashboard
Regidor Ilagan Tumbaga
Indicators
URGENCY “Limited launch pricing” “Price increases after version 2.0” Currencies Gold Momentum Flow Dashboard  — See Market Strength Instantly A powerful all-in-one dashboard that shows real-time momentum across multiple timeframes (M5–D1) for forex and gold. Multi-timeframe ROC analysis Built-in trade signals (alignment & momentum shifts) Currency strength meter Heatmap for instant trend recognition Alerts + one-click pair switching Stop switching charts — see the entire market in
Buyers of this product also purchase
Neuro Poseidon MT4
Daria Rezueva
4.94 (34)
Indicators
Neuro Poseidon is a new indicator by Daria Rezueva. It combines precise trading signals with adaptive TP/SL levels - creating best possible trades as a result! Message me and get  Neuro Poseidon Assistant  as a gift to automize your trading process! What makes it stand out? 1. Proven profitability on all assets and timeframes 2. Only confirmed BUY and SELL signals present on the chart 3. Adaptive TP & SL levels generated by the software for each trade 4. Easy to understand - suitable for all
Gann Made Easy
Oleg Rodin
4.84 (165)
Indicators
Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET TRADING  INSTRUCTIONS AND GREAT EXTRA INDICATORS   FOR FREE! Probably you already heard about the Gann trading methods before. Usually the Gann theory is a ve
M1 Sniper
Oleg Rodin
5 (24)
Indicators
M1 SNIPER is an easy to use trading indicator system. It is an arrow indicator which is designed for M1 time frame. The indicator can be used as a standalone system for scalping on M1 time frame and it can be used as a part of your existing trading system. Though this trading system was designed specifically for trading on M1, it still can be used with other time frames too. Originally I designed this method for trading XAUUSD and BTCUSD. But I find this method helpful in trading other markets a
Trend Catcher ind
Ramil Minniakhmetov
5 (2)
Indicators
TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
WaveTheoryFully automatic calculation
Kaijun Wang
5 (4)
Indicators
This indicator is an indicator for automatic wave analysis that is perfect for practical trading! Case... Note:   I am not used to the Western name for wave classification. Influenced by the naming habit of Chaos Theory (Chanzhongshuochan), I named the basic wave as   pen   , the secondary wave band as   segment   , and the segment with trend direction   as main trend segment   (this naming method will be used in future notes, let me tell you in advance), but the algorithm is not closely relate
Scalper Inside PRO
Alexey Minkov
4.74 (68)
Indicators
Scalper Inside PRO Scalper Inside PRO is an intraday trend and scalping indicator for MetaTrader 4 that uses an exclusive algorithm to quickly detect market direction and key target levels. It automatically calculates entry, exit and multiple profit targets, and shows detailed performance statistics so you can see how different instruments and strategies performed. This helps you choose the most suitable trading instruments for the current market conditions. Additionally, you can easily integrat
Breakout Arrows Mt4
Michael Oko Oboh
5 (1)
Indicators
Trend Breakout Arrows Indicator The Trend Breakout Arrows Indicator is a momentum-based signal tool designed to identify potential bullish and bearish breakout opportunities. It displays clear arrow signals directly on the price chart, helping traders quickly recognize possible trend changes and continuation setups. Up Arrow (Buy Signal) A magenta up arrow appears below a candle when bullish momentum begins to strengthen. This signal indicates that buying pressure may be overtaking selling press
PRO Renko System
Oleg Rodin
5 (30)
Indicators
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
Automated Actual Support Resistance A2SR
Yohana Parmi
4.85 (61)
Indicators
Current event:  https://c.mql5.com/1/326/A2SR2025_NoMusic.gif A. What is A2SR ?   * It's a leading technical indicator (no repaint, no lagging). -- Guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels.
Advanced Supply Demand
Bernhard Schweigert
4.91 (300)
Indicators
Trading Special – 30% OFF 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 pot
MetaBands M4
Vahidreza Heidar Gholami
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
Genesis Matrix PRO
Mohamed Hassan
Indicators
Genesis Matrix Pro is a professional multi-timeframe trend detection indicator designed to help traders identify high-quality market alignment with clarity and structure. It combines 12 different technical indicators into one visual alignment matrix, allowing traders to quickly see when market conditions are bullish, bearish, or neutral. A signal is generated only when the selected strategies are aligned, helping reduce noise and improve decision-making. PLEASE CONTACT ME AFTER PURCHASE TO GET
Smart Trend Trading System
Issam Kassas
4 (2)
Indicators
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Trend Trading System   is currently available for $99. The price will   increase to $199   after the next   30 purchases. SPECIAL OFFER:  After purchasing Smart Trend Trading System, send me a private message to claim the Smart Universal EA for FREE and turn your Smart Trend signals into automated trades. Smart Trend Trading System is a complete non-repainting, non-re
Dynamic Forex28 Navigator
Bernhard Schweigert
4.43 (7)
Indicators
Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now
BTMM State Engine Pro MT4
Garry James Goodchild
Indicators
BTMM State Engine Pro is a MetaTrader 4 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
IQ FX Gann Levels
INTRAQUOTES
5 (2)
Indicators
IQ FX Gann Levels a precision trading indicator based on W.D. Gann’s square root methods . It plots real-time, non-repainting support and resistance levels to help traders confidently spot intraday and scalping opportunities with high accuracy. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. Setup & Guide:  Download  MT5 Ver
PZ Swing Trading
PZ TRADING SLU
5 (3)
Indicators
Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
Neo Wave PRO
Nikolay Raykov
5 (1)
Indicators
Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
GOLD Impulse with Alert
Bernhard Schweigert
4.67 (12)
Indicators
This indicator is a super combination of our 2 products  Advanced Currency IMPULSE with ALERT  and  Currency Strength Exotics . It works for all time frames and shows graphically impulse of strength or weakness for the 8 main currencies plus one Symbol! This Indicator is specialized to show currency strength acceleration for any symbols like Gold, Exotic Pairs, Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show  true currency strength accelerat
Market Structure Order Block Dashboard MT4
Prime Horizon
Indicators
Market Structure Order Block Dashboard MT4 is a MetaTrader 4 indicator designed for traders who want to read market structure and the main price reaction zones directly on the chart. It combines BOS, ChoCH, Order Blocks, Fair Value Gaps (FVG), Liquidity, Kill Zones, Volume Profile, and a compact dashboard for quick analysis. This indicator is intended for traders who use market structure, ICT and Smart Money concepts as a decision framework. It can help spot trend continuations, possible reversa
Dynamic Scalper System
Vitalyi Belyh
5 (1)
Indicators
The " Dynamic Scalper System " indicator is designed for the scalping method of trading within trend waves. Tested on major currency pairs and gold, compatibility with other trading instruments is possible. Provides signals for short-term opening of positions along the trend with additional price movement support. The principle of the indicator. Large arrows determine the trend direction. An algorithm for generating signals for scalping in the form of small arrows operates within trend waves.
Gold Signal Pro XAUUSD with Auto TP SL
Genki Andou
5 (2)
Indicators
An MT5 version is also available https://www.mql5.com/en/market/product/170916 M30/H1/H4 Swing Version Available Want to catch the big moves that M5/M15 can't reach? Gold Signal Swing Pro (M30/H1/H4) is now available. Target $20-$80+ per trade. https://www.mql5.com/en/market/product/177643 KURAMA GOLD SIGNAL PRO (MT4) — Complete XAUUSD Trading System with 7-Layer Filter, Auto TP/SL, and Quality Scoring NON-REPAINTING
PZ 123 Pattern
PZ TRADING SLU
1 (1)
Indicators
Unlock powerful breakout opportunities The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ]
Enigmera
Ivan Stefanov
5 (8)
Indicators
ENIGMERA: The core of the market (This is a manual indicator and contains features that may not supported by the MetaTrader current testing environment) Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a trend or a correction.   How It Works Most
The Seismograph Marketquake Detector
Yohana Parmi
5 (3)
Indicators
The Seismograph Marketquake Detector . No matter way you trade, you definitely want to avoid entry in the low liquidity market. - The seismograph will help you the right time to enter the market before market rally. However, even though you have made sure to entry at market times that should be busy, the fact is that many people are often trapped in markets with low liquidity. After several hours of waiting, the market suddenly became busy, but... it turned out that many people were now in the
Scalper Vault
Oleg Rodin
5 (37)
Indicators
Scalper Vault is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME AFT
Fractal Pattern Scanner MT4
Young Ho Seo
5 (2)
Indicators
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Trend Lines PRO
Roman Podpora
5 (1)
Indicators
TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Peak Formation Dashboard Pro MT4
Sarika G Talekar
Indicators
The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
RFI levels PRO
Roman Podpora
5 (1)
Indicators
The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi
More from author
RenkoFromRealTicks
Stanislav Korotky
4.67 (3)
Utilities
This non-trading expert utilizes so called custom symbols feature ( available in MQL API as well) to build renko charts based on history of real ticks of selected standard symbol. RenkoFromRealTicks generates custom symbol quotes, thus you may open many charts to apply different EAs and indicators to the renko. It also transmits real ticks to update renko charts in real time. The generated renko chart uses M1 timeframe. It makes no sense to switch the renko chart to a timeframe other than M1. T
WalkForwardOptimizer MT5
Stanislav Korotky
3.78 (9)
Libraries
WalkForwardOptimizer library allows you to perform rolling and cluster walk-forward optimization of expert advisers (EA) in MetaTrader 5. To use the library include its header file WalkForwardOptimizer.mqh into your EA source code, add call provided functions as appropriate. Once the library is embedded into EA, you may start optimization according to the procedure described in the User guide . When it's finished, intermediate results are saved into a CSV file and some special global variables.
OrderBook Cumulative Indicator
Stanislav Korotky
5 (1)
Indicators
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
TrueVolumeSurrogate MT5
Stanislav Korotky
5 (1)
Indicators
This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution , which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, c
RenkoCharts
Stanislav Korotky
Utilities
This non-trading expert utilizes so called custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also, it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place RenkoCharts on a chart of a work instrument. The lesser timeframe of the source chart is, the more precise resulting renko chart is, but the lesse
CustomVolumeDelta
Stanislav Korotky
5 (1)
Indicators
This indicator displays volume delta (of either tick volume or real volume) encoded in a custom symbol, generated by special expert advisers, such as RenkoFromRealTicks . MetaTrader does not allow negative values in the volumes, this is why we need to encode deltas in a special way, and then use CustomVolumeDelta indicator to decode and display the deltas. This indicator is applicable only for custom instruments generated in appropriate way (with signed volumes encoded). It makes no sense to ap
FREE
SyntheticIndices
Stanislav Korotky
Indicators
The indicator compares quotes of a given symbol and a synthetic quote calculated from two specified referential symbols. The indicator is useful for checking Forex symbol behavior via corresponding stock indices and detecting their convergence/divergence which can forecast future price movements. The main idea is that all stock indices are quoted in particular currencies and therefore demonstrate correlation with Forex pairs where these currencies are used. When market makers decide to "buy" one
AutomaticZigZag
Stanislav Korotky
4.5 (2)
Indicators
This is a non-parametric ZigZag providing 4 different methods of calculation. Upward edge continues on new bars while their `highs` are above highest `low` among previous bars, downward edge continues on next bars while their `lows` are below lowest `high` among previous; Gann swing: upward edge continues while `highs` and `lows` are higher than on the left adjacent bar, downward edge continues while `highs` and `lows` are lower than on the left adjacent bar. Inside bars (with lower `high` and
FREE
ADXS
Stanislav Korotky
5 (3)
Indicators
Ever wondered why standard ADX is made unsigned and what if it would be kept signed? This indicator gives the answer, which allows you to trade more efficient. This indicator calculates ADX values using standard formulae, but excludes operation of taking the module of ADX values, which is forcedly added into ADX for some reason. In other words, the indicator preserves natural signs of ADX values, which makes it more consistent, easy to use, and gives signals earlier than standard ADX. Strictly s
VolumeDeltaM1 MT5
Stanislav Korotky
Indicators
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
HZZM
Stanislav Korotky
4 (1)
Indicators
This is an adaptive ZigZag based on modification of  HZZ indicator (original source code is available in this article ). Most important changes in this version: two additional indicator buffers added for zigzag evolution monitoring - they show cross signs at points where zigzag direction first changes; zigzag range (H) autodetection on day by day basis; time-dependent adjustment of zigzag range. Parameters: H - zigzag range in points; this parameter is similar to original HZZ, but it can take 0
FREE
PointsVsBars
Stanislav Korotky
Indicators
This indicator provides a statistical analysis of price changes (in points) versus time delta (in bars). It calculates a matrix of full statistics about price changes during different time periods, and displays either distribution of returns in points for requested bar delta, or distribution of time deltas in bars for requested return. Please, note, that the indicator values are always a number of times corresponding price change vs bar delta occurred in history. Parameters: HistoryDepth - numbe
FREE
RenkoChartsDemo
Stanislav Korotky
Utilities
This is a demo version of a non-trading expert , which utilizes so called the custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place the EA on a chart of a working instrument. The lesser timeframe of the source chart is, the more precise resulti
FREE
WalkForwardDemo MT5
Stanislav Korotky
Experts
WalkForwardDemo is an expert adviser (EA) demonstrating how the built-in library WalkForwardOptimizer (WFO) for walk-forward optimization works. It allows you to easily optimize, view and analyze your EA performance and robustness in unknown trading conditions of future. You may find more details about walk-forward optimization in Wikipedia . Once you have performed optimization using WFO, the library generates special global variables (saved in an "archived" file with GVF-extension) and a CSV-f
FREE
WalkForwardBuilder MT5
Stanislav Korotky
Utilities
This script allows performing a walk-forward analysis of trading experts based on the data collected by the WalkForwardLight MT5 library. The script builds a cluster walk forward report and rolling walk forward reports that refine it, in the form of a single HTML page. This script is optional, as the library automatically generates the report immediate after the optimization in the tester is complete. However, the script is convenient because it allows using the same collected data to rebuild th
FREE
ReturnAutoScale
Stanislav Korotky
5 (2)
Indicators
The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa
FREE
OrderBook Recorder
Stanislav Korotky
Utilities
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker in real time. The expert OrderBook Recorder records market book changes and stores them in local files for further usage in indicators and expert adviser, including testing in the tester. The expert stores market book
FREE
Comparator
Stanislav Korotky
4.75 (4)
Indicators
This indicator compares the price changes during the specified period for the current symbol and other reference symbol. It allows to analyze the similar movements of highly correlated symbols, such as XAUUSD and XAGUSD, and find their occasional convergences and divergences for trading opportunities. The indicator displays the following buffers: light-green thick line - price changes of the current symbol for TimeGap bars; light-blue thin line - price changes of the reference symbol ( LeadSymbo
FREE
Year2Year
Stanislav Korotky
Indicators
This indicator shows price changes for the same days in past years. D1 timeframe is required. This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart. Parameters: LookForward - number of days (bars) to show "future" price changes; default is 5; Offset - number of days (bars) to shift back in history; default is 0; ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - s
FREE
OrderBook History Playback
Stanislav Korotky
Utilities
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. This expert adviser OrderBook History Playback allows you to playback the market book events on the history using files, created by OrderBook Recorder . The exper
FREE
OrderBook Utilities
Stanislav Korotky
Utilities
OrderBook Utilities is a script, which performs several service operations on order book hob-files, created by OrderBook Recorder . The script processes a file for work symbol of the current chart. The file date is selected by means of the input parameter CustomDate (if it's filled in) or by the point where the script is dropped on the chart. Depending from the operation, useful information is written into the log, and optionally new file is created. The operation is selected by the input parame
FREE
SOMFX1Builder
Stanislav Korotky
5 (1)
Utilities
If you like trading by candle patterns and want to reinforce this approach by modern technologies, this script is for you. In fact, it is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains: SOMFX1Builder  - this script for training neural networks; it builds a file with generalized data about most characteristic pric
FREE
Mirror
Stanislav Korotky
Indicators
This indicator predicts rate changes based on the chart display principle. It uses the idea that the price fluctuations consist of "action" and "reaction" phases, and the "reaction" is comparable and similar to the "action", so mirroring can be used to predict it. The indicator has three parameters: predict - the number of bars for prediction (24 by default); depth - the number of past bars that will be used as mirror points; for all depth mirroring points an MA is calculated and drawn on the ch
ExtraMajorLevelExtremums
Stanislav Korotky
Indicators
If you like trading crosses (such as AUDJPY, CADJPY, EURCHF, and similar), you should take into account what happens with major currencies (especially, USD and EUR) against the work pair: for example, while trading AUDJPY, important levels from AUDUSD and USDJPY may have an implicit effect. This indicator allows you to view hidden levels, calculated from the major rates. It finds nearest extremums in major quotes for specified history depth, which most likely form resistence or support levels, a
EvoLevels
Stanislav Korotky
Indicators
The indicator displays most prominent price levels and their changes in history. It dynamically detects regions where price movements form attractors and shows up to 8 of them. The attractors can serve as resistance or support levels and outer bounds for rates. Parameters: WindowSize - number of bars in the sliding window which is used for detection of attractors; default is 100; MaxBar - number of bars to process (for performance optimization); default is 1000; when the indicator is called from
ExtraMovingPivots
Stanislav Korotky
Indicators
This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,
ResistanceAndSupportDensityFunction
Stanislav Korotky
Indicators
Most of traders use resistance and support levels for trading, and many people draw these levels as lines that go through extremums on a chart. When someone does this manually, he normally does this his own way, and every trader finds different lines as important. How can one be sure that his vision is correct? This indicator helps to solve this problem. It builds a complete set of virtual lines of resistance and support around current price and calculates density function for spatial distributi
ExtraMajorMultiChannels
Stanislav Korotky
Indicators
The indicator draws a histogram of important levels for several major currencies attached to the current cross rates. It is intended for using on charts of crosses. It displays a histogram calculated from levels of nearest extremums of related major currencies. For example, hidden levels for AUDJPY can be detected by analyzing extremums of AUD and JPY rates against USD, EUR, GBP, and CHF. All instruments built from these currencies must be available on the client. This is an extended version of
StatBars
Stanislav Korotky
Indicators
The indicator provides a statistic histogram of estimated price movements for intraday bars. It builds a histogram of average price movements for every intraday bar in history, separately for each day of week. Bars with movements above standard deviation or with higher percentage of buys than sells, or vice versa, can be used as direct trading signals. The indicator looks up current symbol history and sums up returns on every single intraday bar on a specific day of week. For example, if current
PriceProbability
Stanislav Korotky
Indicators
This is an easy to use signal indicator which shows and alerts probability measures for buys and sells in near future. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The statistical calculations use the same matrix as another related indicator - PointsVsBars. Once the indicator is placed on a chart, it shows 2 labels with current estimation of signal probability and alerts when signal
Filter:
trane
26
trane 2021.09.02 19:15 
 

Excellent indicator!

dhill91
114
dhill91 2021.05.29 20:01 
 

This is the only indicator that you need.

Chalin Saranga Jayathilake
6414
Chalin Saranga Jayathilake 2021.05.19 15:39 
 

3star

Ruan Shaun Marais
138
Ruan Shaun Marais 2021.01.29 21:05 
 

I would give 4 stars or higher but an annoying thing is when volume is very high, the volume bar in the histogram grows too long and skews the scale so you cant see where the bars before and after sit on the scale relative to mean and sigma 1. Could the author not please add a max bar size so the scale remains intact?

Stanislav Korotky
52343
Reply from developer Stanislav Korotky 2021.05.30 00:16
There is a built-in feature in MT4 to set a fixed scale for indicator. You should open indicator properties dialog, then go to Common tab, choose Fixed maximum, as you wish.
beto_gauer
535
beto_gauer 2020.07.02 13:44 
 

User didn't leave any comment to the rating

cvdestyfx
2925
cvdestyfx 2019.12.17 01:26 
 

Excellent volume indicator! The more I use it, the more I see how superior it is compared to other volume indicators in finding high probability reversal signals. This indicator can also be used to find strong support and resistance levels—if you know how to read volume. It is the best volume indicator I have used thus far. It's worth far more than what the seller is asking in my opinion.

Martin Brown
813
Martin Brown 2019.02.27 21:32 
 

Fantastic. The 3 sigma alert can be the sign of a reversal. Of course you need other tools to guage accurately if the volume surge is in support of the trend or reversing it. But this is an excellent tool nonetheless. You can build a very successful strategy with this. There's no other volume product in the market that I have tried that is anywhere close to this one. 👍

Benjamin Okotor
142
Benjamin Okotor 2017.07.16 15:41 
 

This is great tool, i wish there can be an alert when ever price touches 'Sigma 3' may be you you add it to the update this will make a lot of sense and easy the stress of moving from one chart to another in search of climatic action

kraken12345
81
kraken12345 2016.03.22 13:14 
 

User didn't leave any comment to the rating

Happy Mans World
1447
Happy Mans World 2015.02.17 10:43 
 

This Product is a WOW for those who knows how to trade Volume

Reply to review