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RSI Plus MT5

Introduction

The RSI Plus is an innovative technical analysis tool designed to measure the strength and direction of the market trend. Unlike the traditional RSI indicator, the RSI Plus boasts a distinctive ability to adapt and respond to market volatility, while still minimizing the effects of minor, short-term market fluctuations.

Signal


Buy when the RSI plus has been in the oversold (red) zone some time and it crosses above the 20 level on previous candle close

Sell when the RSI plus has been in the overbought (green) zone some time and it crosses below the 80 level on previous candle close


Can also be used in like the good old RSI indicator

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Malaysian SNR Levels
Matthias Horst Pieroth
This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
Volume by Price MT5
Brian Collard
5 (3)
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
Trend Line Map Pro MT5
STE S.S.COMPANY
4.67 (9)
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
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The Void MT5
Nguyen Thanh Cong
5 (1)
Introducing  The Void , a revolutionary MQL5 expert advisor that will change the automated trading landscape forever. This EA leverages an credibly simple yet effective entry logic, ingeniously designed to capture market opportunities with precision and reliability. OPENING SALE! Only 1 copy left at 199$, price will be increased by 100$ for every 5 copies sold Developed by a team of seasoned experts with a profound understanding of market dynamics, this EA embodies years of research, testing,
Reversal Candles MT5
Nguyen Thanh Cong
5 (2)
Introduction Reversal Candles is a cutting-edge non-repainting   forex indicator designed to predict price reversals with remarkable accuracy through a sophisticated combination of signals. Signal Buy when the last closed candle has a darker color (customizable) and an up arrow is painted below it Sell when the last closed candle has a darker color (customizable) and a down arrow is painted above it
FREE
Bounce Zone MT5
Nguyen Thanh Cong
4 (6)
Introduction The Bounce Zone indicator is a cutting-edge non-repainting technical tool built to identify key areas on the price chart where market sentiment is likely to cause a significant price reversal. Using advanced algorithms and historical price data analysis, this indicator pinpoints potential bounce zones. Combined with other entry signal, this indicator can help forex traders place the best trades possible Signal A possible buy signal is generated when price is in the green zo
FREE
WaveTrend Plus
Nguyen Thanh Cong
5 (6)
Introduction WaveTrend Plus is an amazing oscillator that can detect optimal entry points in the market with high precision using complex computations of price and momentum. This version packs many improvements compared to the original WaveTrend such as cleaner visuals, oversold/overbought signals and divergence detection Signal Buy when oversold signal appear (green dot below) or when a bullish divergence is detected (green dashed line) Sell when overbought signal appear (red dot ab
FREE
PF Maximizer MT5
Nguyen Thanh Cong
5 (5)
Introduction The PF Maximizer is a game-changing non-repainting technical tool engineered to help traders distinguish genuine trend signals from erratic market fluctuations. By employing sophisticated algorithms and cutting-edge data analysis, this indicator efficiently filters out unwanted noise, empowering traders to identify the precise starting and ending points of substantial market moves. Signal Potential buy signal is generated when moving average is going up and the blue line c
FREE
Ultimate Retest
Nguyen Thanh Cong
3.5 (4)
Introduction The "Ultimate Retest" Indicator stands as the pinnacle of technical analysis made specially for support/resistance or supply/demand traders. By utilizing advanced mathematical computations, this indicator can swiftly and accurately identify the most powerful support and resistance levels where the big players are putting their huge orders and give traders a chance to enter the on the level retest with impeccable timing, thereby enhancing their decision-making and trading outcomes.
FREE
Introducing Grid Master MT5, your ultimate trading utility designed to revolutionize the management of single or multiple orders with unparalleled ease and effectiveness. Evaluation version of Grid Master MT5 Some limitations are applied: - Maximum of 3 open positions and 1 pending order per side (Buy/Sell) - Trailing Stop feature disabled Features: Clean and user friendly UI: With the benefits of fellow traders in mind, the graphical interface is beautifully designed to allow maximum clarity
FREE
SuperBands
Nguyen Thanh Cong
5 (2)
Introduction The   SuperBands   Indicator is a sophisticated technical analysis tool designed to provide traders with a clear visual representation of price movements within well-defined bands. This indicator is specifically engineered to filter out minor price fluctuations and market noise, offering traders a more accurate and reliable view of price trends and potential reversal points. Signal Buy when price breaks below the "Extremely oversold" band (darker red color) and then clos
FREE
EA Frankenstein
Nguyen Thanh Cong
5 (3)
INTRODUCTION Unleash the power of our brand new EA "Frankenstein" and conquer the forex market like never before! Our revolutionary expert advisor combines the strength of a price channel strategy with a sophisticated machine learning algorithm, allowing you to navigate the ever-changing market with precision and confidence. And the best part? For a limited time, you can get "Frankenstein" at a jaw-dropping 80% off during our exclusive launch promotion, priced at just $99! FEATURES Trade p
Nebula FX
Nguyen Thanh Cong
5 (3)
INTRODUCTION After observing the markets for years and developing a strategy that can truly beat the market, we, a team of experienced traders, are ready to share with the trading community an expert advisor that have shown outstanding results in current market conditions. Introducing "Nebula FX" – an exceptional Forex expert advisor designed to capitalize on market trends with precision, delivering a remarkable trading experience. Nebula FX employs a sophisticated algorithm that carefully an
Grid Master MT5
Nguyen Thanh Cong
Introducing Grid Master MT5, your ultimate trading utility designed to revolutionize the management of single or multiple orders with unparalleled ease and effectiveness. Features : Clean and user friendly UI : With the benefits of fellow traders in mind, the graphical interface is beautifully designed to allow maximum clarity and effectiveness for managing trades Efficient Bulk Order Handling : Say good bye to having to close/set take profit/set stoploss of every order in a grid one by one b
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