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Symbol

For those who monitor charts from afar, this utility is essential. It displays the chart symbol, time frame, and bid price as text. Users can adjust the text position, color, and font size. It’s also a useful tool for forex video publishers. There will be no more complaints about which symbol and time frame are displayed on the screen, even if the content is viewed on a phone. Symbol prefixes such as “_ecn” or “_stp” can be removed from the displayed symbol.
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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
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Weis Waves
Flavio Javier Jarabeck
3.15 (26)
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
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RenkoFromRealTicks DEMO
Stanislav Korotky
1 (1)
This non-trading expert utilizes so called   custom symbols   feature 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. This is a functionally limited demo version of  RenkoFromRealTicks . RenkoFromRealTicks utility can not work in the tester because it uses CustomSym
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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
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Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c
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Important Lines
Terence Gronowski
4.88 (26)
This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of
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A professional tool for trading - the divergence indicator between the  RVI and the price, which allows you to receive a signal about a trend reversal in a timely manner or catch price pullback movements (depending on the settings). The indicator settings allow you to adjust the strength of the divergence due to the angle of the  RVI peaks and the percentage change in price, which makes it possible to fine-tune the signal strength. The indicator code is optimized and is tested very quickly as p
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The utility draws pivot levels based on a selection from day week month The previous candlestick of the selected timeframe is taken and the values for the levels are calculated using the following formulas: Pivot = (high + close + low) / 3 R1 = ( 2 * Pivot) - low S1 = ( 2 * Pivot) - high R2 = Pivot + (R1 -S1) R3 = high + ( 2 * (Pivot - low)) S2 = Pivot - (R1 - S1) S3 = low - ( 2 * (high - Pivot)); The style and thickness for all lines are adjusted. The colors for the R, Pivot and S line
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PZ Penta O MT5
PZ TRADING SLU
4 (6)
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
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Follow The Line MT5
Oliver Gideon Amofa Appiah
4.4 (30)
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 here: https://www.m
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A professional tool for trading - the divergence indicator between the WPR and the price, which allows you to receive a signal about a trend reversal in a timely manner or catch price pullback movements (depending on the settings). The indicator settings allow you to adjust the strength of the divergence due to the angle of the WPR peaks and the percentage change in price, which makes it possible to fine-tune the signal strength. The indicator code is optimized and is tested very quickly as par
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Sergei Linskii
5 (1)
Stat Monitor is a good information indicator. Benefits of the indicator: The indicator provides useful information - the current spread, the cost of one lot of the symbol, trading leverage and the recommended lot size for trading. You can use the indicator on the MetaTrader 5 trading platform of any broker. The indicator provides useful information. Version of the Stat Monitor indicator for MetaTrader 4 I wish you all good luck in trading and stable profit!
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Waves Sizer
Flavio Javier Jarabeck
3.67 (6)
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
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Value Chart Candlesticks
Flavio Javier Jarabeck
4.67 (9)
The idea of a Value Chart indicator was presented in the very good book I read back in 2020 , " Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile ", from the authors Mark Helweg and David Stendahl. The idea is simple and the result is pure genius: Present candlestick Price analysis in a detrended way! HOW TO READ THIS INDICATOR Look for Overbought and Oversold levels. Of course, you will need to test the settings a lot to find the "correct" one for your approach.
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This is a buyer and seller aggression indicator that analyzes the shape of each candle and project this data in a histogram form. There are 4 histograms in one. On the front we have two: Upper - Buyer force. Lower - Seller force. At the background we also have two histogram, both with same color. They measure the combined strenght of buyers and sellers. This histograms can be turned off in Input Parameters. It is also possible to have the real or tick volume to help on this force measurement. IN
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This indicator show the candle remaining time on the chart and/or in the corner of the window. It also display notificaton (popup and push) when a new candle is formed (optional). You configure the timer on candles and at chart corner. I don't need to explain the functions because are very simple. MT4 version:  https://www.mql5.com/en/market/product/38677 Any doubt or suggestion please contact us. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I
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Description. The basis for the formation of the Renko chart is the price range. If the price goes beyond its limits, the chart shows a box above or below the previous one. As a result, we see price movement without additional "noise" and important support and resistance levels. Features. For use in conjunction with the Expert Advisor, an additional buffer is implemented-a box counter. For convenience and to increase the speed of testing, the user can use the "new box" event, which the indicato
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MT5 AccountInfoEA
Nikolaos Pantzos
3 (1)
Account Info EA It is a tool that presents on the graph all the positions of the account, and specific information concerning the positions, but also the account. It enables the user to have an image of his account at a glance. Use like any expert advisor. You can't attach it in the same chart with other expert advisor. It does not have the ability to open or manage positions. You can attach it on any chart and any timeframe.
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A professional tool for trading - the divergence indicator between the  Stochastic and the price, which allows you to receive a signal about a trend reversal in a timely manner or catch price pullback movements (depending on the settings). The indicator settings allow you to adjust the strength of the divergence due to the angle of the  Stochastic peaks and the percentage change in price, which makes it possible to fine-tune the signal strength. The indicator code is optimized and is tested ver
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Reversal Composite Candles
MetaQuotes Ltd.
3.43 (23)
The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can
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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
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The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies both regular and hidden divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following oscillators/indicators:   MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, ATR, OBV, Composite index, MFI and Momentum. Only one oscillator/indicator can be selected. Draws
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Cumulative Delta MT5
Evgeny Shevtsov
4.48 (58)
The indicator analyzes the volume scale and splits it into two components - seller volumes and buyer volumes, and also calculates the delta and cumulative delta. The indicator does not flicker or redraw, its calculation and plotting are performed fairly quickly, while using the data from the smaller (relative to the current) periods. The indicator operation modes can be switched using the Mode input variable: Buy - display only the buyer volumes. Sell - display only the seller volumes. BuySell -
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SIMPLE AND QUICK CHART CLEANUP SCRIPT - FREE FOR ALL - EASY TO DRAG AND DROP ONTO THE CHART - A MUST HAVE IN MY EYES Everybody loves to draw on a chart! But cleaning is nobodies favor. Most of the time it will be faster to dump all and redraw the important part. Repetition makes you good! ALWAYS think about that! KEEP IT GROWING, ;-) I wish you a good day, Traders! If you need something, send me a message. Best wishes to you from Vienna!
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LT Donchian Channel
Thiago Duarte
4.75 (4)
Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period. Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!
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Market Profile 3 ForexArby com
Hussien Abdeltwab Hussien Ryad
4.17 (12)
Market Profile 3 MetaTrader 5 indicator  version 4.70— is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is als
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VR Color Levels MT5
Vladimir Pastushak
5 (1)
VR Color Levels is a handy tool for those who apply technical analysis using elements such as trendline, rectangle and text. It is possible to add text directly to the chart and take screenshots. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can read or write reviews at [link] Version for [MetaTrader 4] Working with the indicator is carried out in one click . To do this, click on the button with the line, after which a trend line will appear un
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What is this indicator? This indicator is the MACD (Moving Average Convergence/Divergence) supporting Virtual Trading mode of  Knots Compositor . When the mode is turned on, the indicator will be recalculated based on the displayed candlesticks. When the mode is turned off, the indicator will be recalculated based on the original chart candlesticks. Types of the applied price - Close - Open - High - Low - Median Price (HL/2) - Typical Price (HLC/3) - Weighted Price (HLCC/4) KC-Indicators
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Stop Out Line MT5
Sergey Batudayev
4.5 (2)
Work logic Stop Out utility is a simple but very convenient indicator showing how many points are left to the Stop Out level / Its benefit lies in the fact that many traders deliberately overestimate the risk in trading in pursuit of profit, use the available margin at the maximum, and for this case it is very important to know where the broker can forcibly close your positions. Just place the indicator on the chart and depending on the open position in Buy or Sell, you will see the borde
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This indicator will mirror the assets in use in another metatrader, being able to choose the timeframe and a template. This is the Metatrader 5 Client, it needs the Metatrader 4 or 5 Server versions: Metatrader 4 Mirror Chart Server:   https://www.mql5.com/en/market/product/88644 Metatrader 5 Mirror Chart Server: https://www.mql5.com/en/market/product/88652 Details of how it works in the video.
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The indicator shows divergence between the slope of lines connecting price and MACD histogram peaks or troughs. A bullish divergence (actually a convergence) occurs when the lines connecting MACD troughs and the lines connecting the corresponding troughs on the price chart have opposite slopes and are converging. A bearish divergence occurs when the lines connecting MACD peaks and the lines connecting corresponding price peaks have opposite slopes and are diverging. In such a case, the indicato
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Supply or demand zones refer to price areas where a significant amount of supply or demand had previously entered the market, causing prices to either fall or rise. If the price returns to the demand or supply zone, it is likely to bounce off due to the large number of orders previously placed within the zone. These orders will be defended in these areas. The Fair Value Gap (FVG) is a concept used to identify imbalances in the equilibrium of buying and selling. Fair Value Gaps are formed in a
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The indicator draws supply and demand zones. The zone timeframe can be set independently of the chart timeframe. For instance, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.
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Krzysztof Janusz Stankiewic
5 (1)
The indicator displays the following elements: Supply Zones, Demand Zones, Fair Value Gaps and sends alerts when a supply or demand zone is reached. The zone timeframe is set independently of the chart timeframe. For example, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least
Supply Demand Basic
Krzysztof Janusz Stankiewic
The indicator draws supply and demand zones. The zone timeframe can be set independently of the chart timeframe. For instance, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.
Price Divergence for MT5
Krzysztof Janusz Stankiewic
The indicator illustrates the divergence between the price movements of two financial instruments, such as EURUSD and GBPUSD or US500 and US30 or Gold and Silver. These divergences are plotted in the form of segments on the price chart of the dominant instrument. The dominant instrument refers to the one that exhibits a stronger bullish trend in the case of a bullish divergence, or a stronger bearish trend in the case of a bearish divergence. Investors are encouraged to independently seek correl
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Version 1.1 2023.03.15
v. 1.01 – typo correction.