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Trend Monster

A great indicator that allows one to spot reversals, and follow a trend easily, on any timeframe. Works on any forex pair and other instruments. Works extremely well on exotic pairs It changes colour and direction and can be set to provide an alert for both long and short trades.  It can also be used to set the stop loss and manually trail the trade. The indicator can be used on different timeframes easily,  and is reliable in that it does not change during slight market corrections, once a trend has commenced. It is better than standard indicators (PSAR, MA, etc) as it allows one stay in winning trades for the maximum time, even when there are slight market corrections, and also allows one to exit losing trades quickly at the appropriate time.

The standard settings work well but you may adjust them to your needs (see screenshots for examples).

Use it to scalp on short timeframes (M1, M5), for daytrading (suggest M5 or M15) or for longer term trend trading (H1, H4 D1). 

I suggest you enter trades on the 2nd or 3rd candle after the indicator has changed colour/direction.  Use on any timeframe & any instrument.


Dll_Period: the lookback period for the calculation (Use lower than 35 for scalping, 35 for M5/M15 charts for day trading, 55/100 for longer time periods)

Rc_fast: Recommend 1.7 or 1

Rc_slow: leave at standard setting of 3

Rc_slope trend: leave at 0

SL_distance_pips:  SL value will be included in the alert based on number of pips set here

DisplayAlert: Gives an alert everytime the trend direction changes. Turn on or off as required

ShowCurrentCandle: Displays 1st or second candle.  Also the setting for the alert. Recommend 2nd candle if using the alert to prevent too many alerts on 1st candle because price may move up and down causing the 1st candle indicator to repaint.

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True Direction Oscillator
Muhammad Elbermawi
Or (TDO) ⭐⭐⭐⭐⭐   which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at
60 USD
PipFinite Breakout EDGE
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
Advanced Price Movement Predictor Pro Edition MT4
Boris Armenteros
Este indicador predice el movimiento más probable de los precios a corto plazo basándose en unos complejos cálculos matemáticos. Particularidades Estimación del movimiento actual del precio; Cálculo de la tendencia actual; Cálculo de las líneas más importantes de soporte y resistencia; Algoritmos optimizados para realizar los cálculos matemáticos complejos con el mínimo desgaste de recursos de sistema; Autoadaptación para conseguir el mejor resultado y, por consecuencia, la posibilidad de trab
50 USD
Nikolay Likhovid
The RTrends indicator does two things: first, it automatically draws the layout of the price chart by plotting trend lines and, secondly, it produces bearish and bullish signals. The layout reflects the fractal nature of the market. Trends from different time horizons are applied simultaneously on the chart. Thus, from a single chart a trader can see trend lines of higher timeframes. The lines, depending on the horizon, differ in color and width: the older the horizon, the thicker the line is. T
60 USD
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones potenciales . Esto se debe a qu
78 USD
Classic Keltner Channel
Muhammad Elbermawi
Or CKC . ⭐⭐⭐⭐⭐ This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Try Demo before you buy:  https://www.mql5.com/en/market/product/47130 Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula Calculate
60 USD
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