Real Spinning Top Candlestick

ATR is an excellent indicator to visualize if volatility is increasing or decreasing. But what if you want to compare the volatility to another pair or instrument? Since each pair with different quote currency has different pip value, the output of the ATR doesn't really say that much. Comparing pairs to other instruments is even harder. What you as a trader care about is how much the pair has moved up or down in percentage, therefore normalizing ATR to percent would make things much easier. T

FREE

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. It

FREE

SSACD - Singular Spectrum Average Convergence/Divergence This is an analogue of the MACD indicator based on the Caterpillar-SSA ( Singular Spectrum Analysis ) method. Limited version of the SSACD Forecast indicator. Limitations include the set of parameters and their range. Specificity of the method The Caterpillar-SSA is an effective method to handle non-stationary time series with unknown internal structure. The method allows to find the previously unknown periodicities of the series and make

FREE

Weis Waves è un indicatore tecnico sviluppato da David Weis, ispirato ai principi di Richard Wyckoff. A differenza del volume tradizionale, mostrato barra per barra, Weis Waves accumula il volume in “onde” rialziste o ribassiste, ricominciando il conteggio ogni volta che il prezzo cambia direzione. Questo metodo consente al trader di vedere chiaramente la vera forza del movimento di mercato, poiché ogni onda riflette l’intensità del volume che sostiene la sequenza di candele. Caratteristiche

FREE

It makes it easier to see where there have been consolidation zones for previous prices and allows you to highlight the histogram where there is the biggest consolidation zone. Input parameters Intervalo de preço Is the price between the histograms Periodo Number of candle sticks to be analyzed Porcentagem Highlights the histogram where there is minimal consolidation in relation to the analyzed period

FREE

Trading Sessions by Mahefa R is an indicator for MetaTrader 5 that visually identifies the four main trading sessions: New York, London, Tokyo, and Sydney . Designed to provide a clean, intuitive, and professional market view, it highlights the most active periods of the Forex market using smart visualization of session ranges , session-specific candle colors , and daily separators . Main Features: Automatic detection of the 4 major sessions New York London Tokyo Sydney Each session is fully c

FREE

Ultimate MACD MTF Pro è una versione potente e aggiornata del classico MACD, riprogettata per il trading moderno. Questo indicatore offre MACD Multi-Timeframe (MTF), colori dinamici dell'istogramma, marcatori di segnale incrociato e cambi intelligenti di colore della linea basati sul momentum. Costruito per i trader che desiderano segnali puliti, rilevamento precoce del trend e chiarezza visiva di livello professionale. Caratteristiche Chiave MACD Multi-Timeframe (MTF) Passa facilmente dal

FREE

Vwap Candles Matrix See what price alone cannot show. Vwap Candles Matrix is a professional market-flow analysis system for MetaTrader 5, created to transform complex volume and directional information into a clear visual structure. This is not a conventional buy/sell indicator. It is an analytical framework designed to reveal market participation, directional pressure, liquidity behavior and flow structure through a proprietary synthetic candle environment. Instead of adding more noise to the c

FREE

Multi-timeframe trend indicator, based on the ADX / ADXWilder indicator The indicator shows trend areas using ADX or ADXWilder indicator data from multiple timeframes. The impulse mode of the indicator allows you to catch the beginning of a trend, and several "Screens" with different timeframes allow you to filter out market noise. How the indicator works: if PDI is greater than NDI, then it`s bullish movement; if PDI is less than NDI, then it`s bearish movement; to determine any trend, it is

FREE

The Top and Bottom Identifier Pro is the essential tool for traders who use technical analysis and price action as the basis for their decisions. In MetaTrader 5, understanding market structure—whether the price is making higher or lower highs and lower lows—is the first step to success. This indicator automates this process, eliminating subjectivity and allowing you to visualize price inflection points with immediate clarity.

FREE

MegaSpikes Boom and Crash MegaSpikes Boom and Crash is a MetaTrader 5 technical indicator for studying Boom and Crash synthetic index charts, mainly on the M1 timeframe. It brings several MegaSpikes modes into one indicator so users can observe chart conditions, alerts, and technical confirmations from a single tool. Main features Version selector for MegaSpikes 1, 1.31, 1.32, Divergence, and Last Red Candle modes. Technical-analysis components based on RSI, ATR, Alligator, moving averages, Para

FREE

HCS SessionPulse is a free, read-only global trading session monitor for MetaTrader 5. A compact on-chart panel shows the current status of the Sydney, Tokyo, London, and New York trading sessions and continuously counts down to upcoming session transitions. SessionPulse displays: • Sydney session OPEN/CLOSED status • Tokyo session OPEN/CLOSED status • London session OPEN/CLOSED status • New York session OPEN/CLOSED status • Time remaining until each session's next open or close • Currently

FREE

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. With

FREE

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

White Weis Volume This indicator shows the sum of the volume in each wave, bulish or bearish, as idealized by David Weis , but it brings an important addition , which is the marking of the bar with the highest volume of the wave (White Bar)! In coding the indicator, it was sought to optimize the code to require minimal processing during use and not to overload mt5. The indicator can be used for pre-trading analysis and study, where the trader analyzes possible points of support and resistance

Rajesh Kumar Nait