• Overview
  • Reviews (1)
  • Comments (2)
  • What's new

Waves PRO Demo

For those who appreciate Richard Wyckoff approach for reading the markets, we at Minions Labs designed a tool derived - yes, derived, we put our own vision and sauce into this indicator - which we called Waves PRO. This indicator provides a ZigZag controlled by the market volatility (ATR) to build its legs, AND on each ZigZag leg, we present the vital data statistics about it. Simple and objective.

This indicator is also derived from the great book called "The Secret Science of Price and Volume" by Timothy Ord (2008).


WHAT EXACTLY DOES THIS INDICATOR DO?

Shows vital VOLUME information on each leg on the Price Chart:

  1. Total Volume of the leg.
  2. Average Volume in each candle of the leg.
  3. Last leg % Delta variation on volume.
  4. Penultimate leg % Delta variation on volume
  5. This DEMO version will run for 15 minutes only... so you can test everything you want...

WHY IS THIS IMPORTANT?

Volume is one of the most underrated information for a vast majority of the traders worldwide. Obviously not all exchanges provide Volume information on their platform, but if you have this information available, WHY not use it in your favor??

If you don't know how to analyze or take advantage of the Volume information on your trades, we strongly suggest the reading of the cool book written by Timothy Ord. It will open you mind to a new kind of analysis and enhance your success rate to a new level.


SETTINGS / FEATURES

  • ATR period (bars) to analyze on the calculations of the legs. If you don't know what ATR is, YOU MUST. This is one of the BEST measurements of market breadth you can have on your toolbox. That's why we used ATR instead of arbitrary values do "break" the legs on our ZigZag.
  • Which ATR level do you want to use to break each wave/leg.
  • Show (ON/OFF) each wave/swing/leg statistics?
  • Show (ON/OFF) Tops & Bottoms lines extended as Support & Resistances?
  • How many days do you want for Tops & Bottoms lines?
  • Volume Type to use on calculations (Real Volume OR Ticks)?
  • Threshold line Style - This is the line plotted on the chart to visually tell you where is the current level that, when hit, will build a new Wave/Leg.
  • Swing/Leg Statistics: Ability to turn ON/OFF Total Volume, Average candle Volume, Last Leg % Delta volume, Penultimate Leg % Delta volume.
  • Ability to shorten the numbers dividing them by... X
  • Decimal points to use for data/numbers.
  • Suffix text to apply to transformed numbers.
  • Separator character to use on each data element.
  • Font Size.
  • Vertical Offset for proper viewing.
  • % threshold to color strong Swings/Legs.
  • Colors for Neutral, Positive and Negative Swings/Legs.
  • Styles to be used for Tops & Bottoms lines.
  • Show Debug information of the indicator on the Experts tab?



After your tests, you can upgrade this DEMO version for the FULL version here: Waves PRO.



    DIDN'T FIND A FEATURE YOU NEED?

    No product is perfect for everyone. If you think you need a missing feature from our product just send us a message. We love feedback!


    ABOUT US...

    Flavio Jarabeck is the owner of MinionsLabs.com, an entrepreneurship focused on leveraging the knowledge and experience of professional traders through automated trading robots, freeing them to seek new opportunities and strategies in new markets and assets.


    WHY THE PRICE OF USD 79,00?

    This indicator took a LOT of time to be developed. Please download the DEMO (not yet available... sorry) version to be sure that it is the right fit for you. And if it is, we will give you Waves PRO with *1,000 ACTIVATIONS*. So, it will be yours FOREVER!


    Live Long and Prosper.













    Reviews 1
    Aleksandr Tamonin
    4038
    Aleksandr Tamonin 2021.01.23 18:18 
     

    Полезный индикатор. Спасибо автору.

    Recommended products
    Weis Waves
    Weis Waves
    Flavio Jarabeck
    The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
    FREE
    Simple Weis Wave
    Simple Weis Wave
    Jean Jacques Huve Ribeiro
    One of the best tools for analyzing volume, Weis Wave was idelized by David Weis, to facilitate the reading of directional flow. For the VSA method disciples it is an evolution of the practices created by Richard Wycoff, facilitating a predictive reading of the market, always seeking an accumulation and distribution of the negotiated contracts. Cumulative wave volume  Range of wave ( removed) Average Wave volume Ref "Tim Ord lectures" ( removed)
    40 USD
    Countdown timer for Tick and Volume charts
    Countdown timer for Tick and Volume charts
    Artur Zas
    A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type
    FREE
    MIDAS Super VWAP
    MIDAS Super VWAP
    Flavio Jarabeck
    Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and deter
    FREE
    Quantitative Candlesticks Qstick
    Quantitative Candlesticks Qstick
    Flavio Jarabeck
    Qstick is a way to objectively quantify candlestick analysis and improve the interpretation of candlestick patterns. Qstick was developed by Tushar Chande and published in his book " The New Technical Trader - Boost Your Profit by Plugging Into the Latest Indicators (1994) ". Qstick is built based on a moving average of the difference between the Open and Close prices. The basis of the idea is that the Opening and Closing prices are the heart of candlestick analysis. We strongly recommend the re
    FREE
    Weis Waves RSJ
    Weis Waves RSJ
    Roberto Sant Ana Junqueira
    The Weis Waves RSJ Indicator sums up volumes in each wave. This is how we receive a bar chart of cumulative volumes of alternating waves. Namely the cumulative volume makes the Weis wave charts unique. It allows comparing the relation of the wave sequence characteristics, such as correspondence of the applied force (expressed in the volume) and received result (the price progress).
    FREE
    Volume Spread Pattern Detector MT5
    Volume Spread Pattern Detector MT5
    Young Ho Seo
    Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
    FREE
    PZ Penta O MT5
    PZ Penta O MT5
    Arturo Lopez Perez
    The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
    FREE
    VWAP Indicator
    VWAP Indicator
    LUC JACOBUS A VERHEECKE
    Volume Weighted Average Price (VWAP) The volume weighted average price (VWAP) is a   trading   benchmark   used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This indicator VWAP V2 is free and is the manual version of the extended Easy VWAP indicator (30 Euro), where the date and time properties are automatically entered. Wit
    FREE
    Aggression Volume
    Aggression Volume
    Flavio Jarabeck
    Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,
    FREE
    Trajecta ForceMap NZD
    Trajecta ForceMap NZD
    Rogerio Figurelli
    What about joining your market expertise and intuition with algorithms coded as visual maps? The discovery power: in our opinion, the best strategies are created when traders see what other traders don't see. So, the concept of these visual maps is bringing new trading vision and ideas to improve your market and strategic vision. From quantitative to qualitative:  new trading technologies brings each time more quantitative information. But the main idea of this MT5 indicator is the other way aro
    FREE
    VWAP and MVWAP
    VWAP and MVWAP
    Flavio Jarabeck
    Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia (https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp).
    FREE
    VWAP Simple
    VWAP Simple
    Deibson Carvalho
    The Volume Weighted Average Price is similar to a moving average, except volume is included to weight the average price over a period.    Volume-Weighted Average Price [VWAP] is a dynamic, weighted average designed to more accurately reflect  a security’s true average price over a given period . Mathematically, VWAP is the summation of money (i.e., Volume x Price) transacted divided by the total volume over any time horizon, typically from market open to market close. VWAP reflects the capital
    FREE
    ADX consolidado
    ADX consolidado
    OTAVIO AGUIAR CAMPOS Aguiar
    Mostra a média móvel quando ADX > 20 e pinta de verde ou vermelho quando os valores de ADX estão subindo indicando tendência. Quando o ADX é menor que 20 indica movimento lateral consolidado. O indicador não define pontos de entrada, somente mostra a média colorida quando a tendência está se fortalecendo. Faz parte do grupo de indicadores do Indicador Tavim.
    FREE
    Stackable VWAP
    Stackable VWAP
    Flavio Jarabeck
    Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia (https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp).
    FREE
    Tabajara V5
    Tabajara V5
    Flavio Jarabeck
    Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is... FEATURES 8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA SETTINGS You can change the Period of all M
    FREE
    Trajecta SpeedMap NZD
    Trajecta SpeedMap NZD
    Rogerio Figurelli
    What about joining your market expertise and intuition with algorithms coded as visual maps? The discovery power: in our opinion, the best strategies are created when traders see what other traders don't see. So, the concept of these visual maps is bringing new trading vision and ideas to improve your market and strategic vision. From quantitative to qualitative:  new trading technologies brings each time more quantitative information. But the main idea of this MT5 indicator is the other way aro
    FREE
    Waves Sizer
    Waves Sizer
    Flavio Jarabeck
    Wyckoff fans, enjoy! Ideally to be used with the Weis Waves indicator, but it can be easily used alone, the Waves Sizer puts the range (in resulting Price movement) done by the Price on its market swings. You can control how accurate or loose will be the swings. This tool is very helpful for visually know how much the Price has traveled in your Timeframe. This way you can confront this level of effort with the resulting Volume, etc... Weis Waves indicator: https://www.mql5.com/en/market/pro
    FREE
    Market Profile Demo
    Market Profile Demo
    Thiago Duarte
    Market Profile is an amazing tool! It is also known as Volume Profile. With it you can identify regions of strong and weak negotiation, finding regions of  accumulation  (support and resistance), thus seeing the market with other eyes. Instead of measuring each candle volume as default volume indicator does, the Market Profile measure the  volume by price . Paid version:  https://www.mql5.com/pt/market/product/38938 Configurations: MAIN OPTIONS From period -  period to extractvolume data. To per
    FREE
    Follow The Line MT5
    Follow The Line MT5
    Oliver Gideon Amofa Appiah
    Follow The Line   This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
    FREE
    Mini Chart Indicators DEMO
    Mini Chart Indicators DEMO
    Flavio Jarabeck
    The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
    FREE
    PZ Pivot Points MT5
    PZ Pivot Points MT5
    Arturo Lopez Perez
    This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
    FREE
    Big Player Candles
    Big Player Candles
    Flavio Jarabeck
    If you heard about The Wyckoff Method, Volume Spread Analysis, etc... You are probably searching for the candlestick indicator that shows you the Volume spread all over the current bar, signaling every types of market status... You can control the several Market Levels with custom colors... It is up to you to decide how to use it. Our job is provide you with the indicator... If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW! )...    This will mean A
    FREE
    LT Weis Waves
    LT Weis Waves
    Thiago Duarte
    The Weis Wave first takes the market volume and then organizes it with the price into Wave charts. It is the only software that will present the true picture of the market before you. If anyone of you, has watched an intraday price movement then you must know that it unfolds in a series of selling as well as buying waves-a procedures tearing down and building up. Wave analysis is an integral part of the trading method. The indicator helps to deal with today’s volatile market. Moreover, it works
    FREE
    Gekko ADX Plus
    Gekko ADX Plus
    Rodrigo Galeote
    This is Gekko's Cutomized Cutomized Average Directional Index (ADX), a customized version of the famous ADX indicator. Use the regular ADX and take advantage two entry signals calculations and different ways of being alerted whenever there is potential entry or exit point. Inputs Period: Period for the ADX calculation; PlotSignalType: How will the indicator calculate entry (swing) signals: 1- ShowSwingsOnTrendLevel : Show Signals for Trend Confirmation Swings; 2- ShowSwingsOnTrendLevelDirectio
    30 USD
    Aggression Wave RSJ
    Aggression Wave RSJ
    Roberto Sant Ana Junqueira
    Aggression Wave RSJ This indicator sums up the difference between the sells aggression and the buys aggression that occurred in each Candle, graphically plotting the waves of accumulation of the aggression volumes. Through these waves an exponential average is calculated that indicates the direction of the business flow. Note:   This indicator DOES NOT WORK for Brokers and/or Markets WITHOUT the type of aggression (BUY or SELL). Settings: Aggression by volume (Real Volume) or by number
    FREE
    Bar Color Trend
    Bar Color Trend
    Germano Chagas
    Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
    FREE
    Adjustable Fractal
    Adjustable Fractal
    Dmitry Timin
    Adjustable Fractal is a modification of Bill Williams' Fractals indicator. The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions: Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right; Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right. Unlike a stand
    FREE
    AIS Color Noise Filter
    AIS Color Noise Filter
    Aleksej Poljakov
    This indicator is more informative. His work is based on the assumption that the price movement in the market can be represented as noise of a particular color, which depends on the parameters of the distribution of price values. Thanks to this, it is possible to analyze the price change from different angles, and considering the price movement as noise of a particular color, one can get information about the current state of affairs in the market and make a forecast about the price behavior. W
    FREE
    Free Automatic Fibonacci MT5
    Free Automatic Fibonacci MT5
    Tonny Obare
    Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
    FREE
    Buyers of this product also purchase
    Entry Points Pro for MT5
    Entry Points Pro for MT5
    Yury Orlov
    This is an 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 .  It will provide pretty accurate estimations and tell you when it's best to open a deal and close it. Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! Most traders improve their trading results during the first trading week with the help of the Entry Point
    125 USD
    VR Sync Charts MT5
    VR Sync Charts MT5
    Vladimir Pastushak
    VR Sync Charts is a program designed as an indicator for the MetaTrader trading terminal. The program solves the problem of synchronization of chart windows by drawing a trend line in one chart window. the program copies and synchronizes the line with another chart in the MetaTrader terminal. Syncing will occur regardless of which period is set in the other chart. In the picture below, you can see how the trader manages the trend line, and the program synchronizes the line in another chart. The
    52 USD
    PipFinite Trend PRO MT5
    PipFinite Trend PRO MT5
    Karlo Wilson Vendiola
    Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 Test the demo version and explore its feature
    98 USD
    FX Power MT5
    FX Power MT5
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Power MT5 is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Features of FX Power M
    75 USD
    FX Volume MT5
    FX Volume MT5
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat   Following the smart money is finally possible! 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 i
    75 USD
    TrendLine PRO MT5
    TrendLine PRO MT5
    Evgenii Aksenov
    PROMO: Buy Trend Line PRO today and contact us to get for free:   1) User's Manual about the indicator and built in pop-up Scanner  2) Setting files for   Bitcoin, GOLD, EURUSD, GBPUSD 3) HTF Histogram (basement indicator) which shows Higher TimeFrame trend in the bottom of chart Contact me after purchased to receive useful files: profitcamp@mail.ru  The   TrendLine PRO MT5   indicator is a version for MT5 of the popular   INFINITY TrendLine PRO   indicator (mt4). The calculation of indicato
    99 USD
    PipTick Bid Ask Volume MT5
    PipTick Bid Ask Volume MT5
    Michal Jurnik
    PipTick Bid-Ask Volume indicator is a tool that needs every scalper and intraday trader. It uses a special algorithm to determine the activity of buyers and sellers and displays it in the form of histogram. With this feature, the trader can easily compare the level of aggression on the part of buyers and sellers and read the context of the market. As we all know, the forex market is decentralized and therefore we do not have a reliable information about real volume. We also do not know actual an
    67 USD
    ACPD Auto Candlestick Patterns Detected
    ACPD Auto Candlestick Patterns Detected
    Dmitriy Zabudskiy
    ACPD – «Auto Candlestick Patterns Detected» - The indicator for automatic detection of candlestick patterns. The indicator is useful both for novice and professional traders. It can be used as an independent tool (good results can be achieved on stocks and currency pairs) and as an additional tool to a trading system. The Indicator of Candlestick Patterns ACPD is Capable of: Determining 40 reversal candlestick patterns by their main parameters; it displays over 40 signals based on these models.
    50 USD
    TPA Sessions MT5
    TPA Sessions MT5
    InvestSoft
    "TPA Sessions"  indicator is a very important tool to complement  "TPA True Price Action"  indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!!   The   first run   of the TPA Session indicator   must be in the open market   for the lines to be drawn correctly. Please visit our blog to study actual
    50 USD
    PZ Wolfe Waves MT5
    PZ Wolfe Waves MT5
    Arturo Lopez Perez
    Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
    149 USD
    PZ Supply Demand MT5
    PZ Supply Demand MT5
    Arturo Lopez Perez
    This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies No settings and no optimization needed The indicator works in all timefr
    99 USD
    Support and Resistance with Trendlines
    Support and Resistance with Trendlines
    Ammar Yaseen
    This indicator would help you I DENTIFY different HORIZONTAL SUPPORT / RESISTANCE LEVELS AND TRENDLINES.  ADVANTAGES: Use up till 5 different levels of Support and Resistance Use up till 5 different trend lines  Use true/false options to display for Support/Resistance or Trend line Image PARAMETERS: nPeriod: the time period to decide  Limits: the candles limit to look back UseHorizontalLines: true/false option to display Horizontal Support and Resistance Lines UseTrendline: true/false opti
    50 USD
    Bitcoin Manager MT5
    Bitcoin Manager MT5
    Denys Babiak
    Description Bitcoin Manager is the best indicator for trading Bitcoin cryptocurrency. It is calculated based on the price deviation from the moving average line channel. Ascending and descending arrows indicate potential points and levels for opening buy and sell positions. How to use? We strongly recommend using this indicator on the H1 timeframe. An up arrow indicates a buy level. Down Arrow - Sell Level. Parameters Maximum History Bars - maximum count of history bars to calculate
    50 USD
    Shepherd Gann Squares MT5
    Shepherd Gann Squares MT5
    Abdullah Alrai
    This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of nine and square of 144 methods. Indicator has a panel, which allows you to: Move between SQ144 and SQ9 methods. Choose perfect style to trade on (Levels, Channel, Star, GannFan, Circles, and Grid for SQ9). Choose Angle/Time/Space (Square Of 9 Basics). View higher timeframes analysis on the current chart by using the frame method. Show/hide sq
    100 USD
    FX Trend MT5
    FX Trend MT5
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
    75 USD
    Volume Spread Pattern Indicator MT5
    Volume Spread Pattern Indicator MT5
    Young Ho Seo
    Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
    80 USD
    Lighthouse MT5
    Lighthouse MT5
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its r
    75 USD
    Color Candles Identify the Major Trend
    Color Candles Identify the Major Trend
    Ziheng Zhuang
    The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner bands is
    50 USD
    PipFinite Exit EDGE MT5
    PipFinite Exit EDGE MT5
    Karlo Wilson Vendiola
    Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
    88 USD
    Gann Square of 144 for MT5
    Gann Square of 144 for MT5
    Taras Slobodyanik
    The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
    52 USD
    All Harmonics 26
    All Harmonics 26
    Alexey Isavnin
    Harmonic patterns are characteristic series of price movements with respect to Fibonacci levels, which statistically precede price reversals. This indicator searches for harmonic patterns. It is capable of recognising 26 classical and non-classical harmonic patterns : Classical Gartley Butterfly Alternate Butterfly Bat Alternate Bat Crab Deep Crab Three Drives Non-classical Shark Alternate Shark Cypher 5-0 Anti Gartley Anti Butterfly Anti Alternate Butterfly Anti Bat Anti Alternate Bat Anti Crab
    90 USD
    Market Profile Singles indicator MT5
    Market Profile Singles indicator MT5
    Tomas Papp
    MT4:  https://www.mql5.com/en/market/product/52715 This indicator is based on market profile theory. What exactly is a singles area? Theory: Market Profile Singles : Singles or single prints  or gap  of the profile are placed in the inside of a profile structure, not at the upper or lower edge. They are represented with single TPOs printed on the Market profile. Singles draw our attention to places where the price moved very fast (impulse movements). They leave low volume nodes wit
    60 USD
    Naked Forex Kangaroo Tail for MT5
    Naked Forex Kangaroo Tail for MT5
    Renaud Candel
    Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs : CandleSizeATR: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values) TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL Distance: distance in pixel relative to top or bot
    147 USD
    Clever TDI Pro Signals MT5
    Clever TDI Pro Signals MT5
    Carlos Forero
    Description: The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns. Here you can access our discord community for more information about our tools and benefits. KEY LINKS:   How to Install   -  Discord Server   –  Frequent Questions  -  All Products  Functions: Finds Market Makers patterns. Finds extremes or exhaustion into the market. Looks for a trend continuation. Content: TDI Indicator Divergence
    69 USD
    Blahtech Market Profile MT5
    Blahtech Market Profile MT5
    Blahtech Limited
    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. Inspired by Jim Dalton’s
    124 USD
    A2SR MT5 Automated Actual Support and Resistance
    A2SR MT5 Automated Actual Support and Resistance
    Yohana Parmi
    A. What is A2SR ? A2SR is a leading indicator , has special technique in determining the levels of Support (demand) and Resistance (supply) . Leading indicator is prepare all actual SR levels before price reach there . Unlike the ordinary way that we seen on the net, A2SR has a original concept for determining SR levels. The original technique was not taken from the internet , and it has never been published on the internet either. A2SR will auto select the SR level according to your trading sty
    150 USD
    Pin Bar Indicator for MT5
    Pin Bar Indicator for MT5
    Renaud Candel
    Pin Bar Indicator is a pattern recognition indicator for Forex and Binary Options. The Pin Bar Indicator is a pattern recognition indicator of the popular Pin Bar. The strategy that comes with the Pin Bar is purely based on price action. Inputs Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable alerts in the popup window EmailAlerts (true/false): enable email alerts PushAlers (true/f
    97 USD
    Elder Force Index With ATR Channels
    Elder Force Index With ATR Channels
    Financial Trading Seminars Inc.
    Adding Average True Range (ATR) channels to Force Index had been suggested by Kerry Lovvorn. Adding these channels turns Force Index into an excellent tool for identifying intermediate tops and bottoms. Force Index with ATR channels does not catch all turns, but the ones it identifies deserve very serious attention. Note: the word “true” in Average True Range refers to dealing with price gaps. Since there are no gaps in Force Index, here ATR is the same as the Average Range. Whenever the Force I
    50 USD
    Dark Absolute Trend MT5
    Dark Absolute Trend MT5
    Marco Solito
    Dark Absolute Trend   is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy but use also candlestick patterns and Volatility. We can enter in good price with this Indicator, in order to follow the main trend on the current instrument. It is advised to use low spread ECN brokers. This Indicator does   Not repaint   and   N ot lag . Recommended timeframes are M5, M15 and H1. Recommended working pairs: All. Follow us on Telegram:   https://t.me/darktradingchan
    50 USD
    TPA True Price Action MT5 Indicator
    TPA True Price Action MT5 Indicator
    InvestSoft
    TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. The first part of the TPA manual "The Basics" is now available (free to get). Everybody who wants to
    168 USD
    More from author
    Auto Support and Resistances
    Auto Support and Resistances
    Flavio Jarabeck
    Are you tired of drawing Support & Resistance levels for your Quotes? Are you learning how to spot Support & Resistances? No matter what is your case, Auto Support & Resistances will draw those levels for you! AND, it can draw them from other timeframes, right into you current chart, no matter what timeframe you are using... You can also Agglutinate regions/zones that are too much closer to each other and turning them into one single Support & Resistance Level. All configurable. SETTINGS Time
    FREE
    Tabajara V5
    Tabajara V5
    Flavio Jarabeck
    Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is... FEATURES 8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA SETTINGS You can change the Period of all M
    FREE
    Weis Waves
    Weis Waves
    Flavio Jarabeck
    The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
    FREE
    Aggression Volume
    Aggression Volume
    Flavio Jarabeck
    Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,
    FREE
    Big Player Candles
    Big Player Candles
    Flavio Jarabeck
    If you heard about The Wyckoff Method, Volume Spread Analysis, etc... You are probably searching for the candlestick indicator that shows you the Volume spread all over the current bar, signaling every types of market status... You can control the several Market Levels with custom colors... It is up to you to decide how to use it. Our job is provide you with the indicator... If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW! )...    This will mean A
    FREE
    Mini POC
    Mini POC
    Flavio Jarabeck
    For those who struggle with overbloated Volume Profile/Market Profile indicators, here is a solution that contains only the Point of Control (POC) information. Super-fast and reliable, the Mini POC indicator presents this vital information visually within your chart. Totally customizable in splittable timeframes, type of Volume, calculation method, and how many days back you need. SETTINGS Timeframe to split the POCs within the day. Volume type to use: Ticks or Real Volume. Calculation method
    FREE
    MIDAS Super VWAP
    MIDAS Super VWAP
    Flavio Jarabeck
    Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and deter
    FREE
    Inside Bar Radar
    Inside Bar Radar
    Flavio Jarabeck
    The Inside Bar pattern is a very well known candlestick formation used widely by traders all over the world and in any marketplace. This approach is very simple and adds a little confirmation candle, so it adds a third past candlestick to the count to confirm the direction of the move (upward or downward). Obviously, there is no power on this candlestick formation if the trader has no context on what it is happening on the market he/she is operating, so this is not magic, this "radar" is only a
    FREE
    VWAP and MVWAP
    VWAP and MVWAP
    Flavio Jarabeck
    Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia (https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp).
    FREE
    Waves Sizer
    Waves Sizer
    Flavio Jarabeck
    Wyckoff fans, enjoy! Ideally to be used with the Weis Waves indicator, but it can be easily used alone, the Waves Sizer puts the range (in resulting Price movement) done by the Price on its market swings. You can control how accurate or loose will be the swings. This tool is very helpful for visually know how much the Price has traveled in your Timeframe. This way you can confront this level of effort with the resulting Volume, etc... Weis Waves indicator: https://www.mql5.com/en/market/pro
    FREE
    Closing Price Reversal
    Closing Price Reversal
    Flavio Jarabeck
    Closing Price Reversal is a very well known and traded candlestick pattern. This little indicator paints with specific (user-selected) colors the Closing Price Reveral Up and Down patterns, as well as the Inside Bars (as a bonus). Higher timeframes are more effective  as with all other candlesticks patterns. Do NOT trade solely on this indicator. Search the web for "Closing Price Reversal" to learn about the several approaches that can be used with this pattern. One of them is combining short/me
    FREE
    Stackable VWAP
    Stackable VWAP
    Flavio Jarabeck
    Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia (https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp).
    FREE
    Flux Diffuser
    Flux Diffuser
    Flavio Jarabeck
    Based on Brazilian trader André Moraes' Difusor de Fluxo theory, the indicator is a more reliable version of the original MACD. It is a great confirmation indicator for Swing Trading and also can be used as a Day Trading tool. If you are not familiar with the concept or André's trading strategies, I strongly recommend his excelent book named "Se Afastando da Manada" in which he explains in detail how this indicator is used. Even if you don't know the Portuguese language it is not difficult to un
    FREE
    Market Momentum
    Market Momentum
    Flavio Jarabeck
    The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
    FREE
    Force Numbers
    Force Numbers
    Flavio Jarabeck
    Several assets in several markets have the behavior of using specific numbers as Force Numbers, where support, resistance and price thrust is created. Let this indicator draw those levels of support and resistance for you. You can also stack it to show different level of Prices! This technique is being used by Tape Readers and Order Flow traders all over the world for a long time. Give it a try. Challenge yourself to study new ways of Price Action! SETTINGS What Price reference to use in th
    FREE
    Economic Markers
    Economic Markers
    Flavio Jarabeck
    Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. If there is more than one event set to the very same time, their Names will be stacked and you will see the messages merged with the plus (+) sign on the marker. Obviously that long or too much events on the sam
    FREE
    Price Momentum
    Price Momentum
    Flavio Jarabeck
    Value Chart indicator presents the Price evolution in a new form. This indicator, Price Momentum , was developed taking all the calculations presented in the book " Dynamic Trading Indicators " by Mark W. Helweg and David Stendahl (2002). The technique involves de-trended Prices from a user-defined Period of analysis and the addition of a Volatility index correction. The result is an Oscillator with 3 zones: Fair Price Value, Overbought/Oversold and Extremely Overbought/Oversold zones. Adding th
    FREE
    Price Trail Chart
    Price Trail Chart
    Flavio Jarabeck
    For those who hate candlesticks in lower timeframes (M1 through M15) we "invented" a clean new way to follow Price movement and displacement (volatility) called Price Trail Chart . The big "secret" is to get rid of those annoying candle wicks and draw the whole complete candle without them, this way we get a cleaner chart and a new view of the Price Path. No Open or Close markings, just LOW's and HIGH's, full body candle. Additionaly we inserted a Volume monitor from our Best Downloaded indicat
    FREE
    Candle Zones
    Candle Zones
    Flavio Jarabeck
    You probably heard about Candlesticks behaviors, which in most of the times could denote and trace Volume behaviors even if you are not watching Volume itself... Well, this indicator will do this. Naked traders love to rely solely on candlesticks patterns and with Candle Zones you can trap special patterns and DRAW THEM on your chart. As simple as that. There are several filters you can tweak in order to achieve the analysis you want. Just give it a try. After several months of testing, we think
    FREE
    Symbol Watermark
    Symbol Watermark
    Flavio Jarabeck
    Another request from my brotherhood was putting the name of the Symbol being seen - a little bigger - on the Chart, just to get sure that they are seeing the correct one... Mistakes pay a high price on the market... It is a very effective, and almost resource-null-consuming indicator that displays the current Symbol Name and Timeframe in almost any position of your Chart, with any color, and any Font Size... And also you can change the divisor character that is presented between the Symbol Name
    FREE
    Time Spaced Moving Averages
    Time Spaced Moving Averages
    Flavio Jarabeck
    The concept is simple: Plotting Price behavior within several periods of time. Some Symbols behave very well during the trading day - with this I mean Intraday trading - and this behavior ends up plotting effectively well with the proposed Exponential Moving Averages in this indicator... Obviously that this behavior could not be seen in all Symbols, but you can give it a try... Just drop this indicator in a chart and you will see for yourself... This indicator is intended for "Feeling the Trend
    FREE
    ATR Monitor
    ATR Monitor
    Flavio Jarabeck
    ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim
    FREE
    Money Flow Index EA Friendly
    Money Flow Index EA Friendly
    Flavio Jarabeck
    The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer
    FREE
    Server Clock
    Server Clock
    Flavio Jarabeck
    Many friends asked me for a simple, non-obtrusive, resource-friendly clock to track the time during their trades. It seems pretty obvious, but it is a must-have for those trading the market manually, waiting for the Market News, or just to visually know what time it is... Trading is an absorbing endeavor! So, here it is... Totally configurable, including Font Type, Font Size and Chart Location: Upper Left/Center/Right OR Lower Left/Center/Right, with a little twist of adjusting the Offset, just
    FREE
    ATR Monitor EA Friendly
    ATR Monitor EA Friendly
    Flavio Jarabeck
    ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
    FREE
    Arrows Cleaner
    Arrows Cleaner
    Flavio Jarabeck
    For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
    FREE
    Candlestick Pattern Teller
    Candlestick Pattern Teller
    Flavio Jarabeck
    Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest
    30 USD
    Economic Markers PRO
    Economic Markers PRO
    Flavio Jarabeck
    Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
    30 USD
    Mini Chart Indicators
    Mini Chart Indicators
    Flavio Jarabeck
    The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
    30 USD
    Market Momentum PRO
    Market Momentum PRO
    Flavio Jarabeck
    The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
    65 USD
    Filter:
    Aleksandr Tamonin
    4038
    Aleksandr Tamonin 2021.01.23 18:18 
     

    Полезный индикатор. Спасибо автору.

    Reply to review
    Version 1.1 2020.09.18
    :: Fixed visual bug on the statistics numbers