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Expert Advisors and Indicators for MetaTrader 5 - 31

icon Use trading robots and indicators to make Forex trading more profitable. Trading robots allow you to automate opening and closing deals, while indicators help you predict market behavior more accurately. The page features the catalog of MetaTrader 5 applications.
I present to your attention a reliable advisor that generates clear, transparent signals coming from the arrow indicator "RSI Arrow out of Zone iMA Trend" ( https://www.mql5.com/ru/code/29363 ). Download this indicator from Codebase and install it in the Indicators folder. Optimal time frame H1. I equipped the advisor with: protective stops (SL/TP), the possibility of multi-currency testing, trading from one chart (specify the list of currencies in the settings), trailing stop and trading
FREE
PZ Turtle Trading EA MT5
PZ TRADING SLU
2 (4)
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
Neural network 2 Moving Averages
Vladimir Mikhailov
4.25 (8)
A neural network Expert Advisor based on two moving averages with the training mode. Train the Expert Advisor on selected examples and make a profit in real life. The EA can work on any instrument and in any timeframe. Trading Algorithm of the EA Two moving averages are analyzed by the neural network core, which produces commands to buy or sell. the values of two moving averages, fast (FMA) and slow (SMA), are provided to the first layer, at the second layer it calculates two neurons responsib
FREE
Clock GMT Live
Nestor Alejandro Chiariello
5 (9)
Clock GMT Live has everything you need to know more about our broker, many times you will have wondered what gmt I am on or what gmt my broker is working on, well with this tool you will be able to know in real time both the GMT time offset of the broker and of your local time, you will also constantly know the ping of the broker Just by placing it at a time of day you can get the information The price increases for each acquisition, with this we will protect so that few can have my unique st
FREE
AW Prime Oscillator MT5
AW Trading Software Limited
A combination of two oscillators. The first one displays the entry points, the second shows the current trend . The indicator can display oscillator signals by arrows in two modes, all fast oscillator signals or signals only in the direction of the current trend. It has a multi-timeframe panel and three types of signal notifications. Benefits: Suitable for day and scalping trading Trend filtering Simple and sensitive setup Multi-timeframe panel Suitable for integration into an advisor. Works on
Pivot Point supertrend
Munyaradzi Isaac Butau
5 (1)
Pivot Point Super trend   it can be used to catch price turning points and can show arrows for buying and selling. calculations are based on price peaks . you can control the price turning points by increasing the Pivot point period input on the indicator the ATR factor is for how far apart do you want the bands to be spread apart price break outs are also spotted in their early stages which will make trading much better
FREE
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
FREE
Heiken Ashi OHLC
Bogdan Gabriel Ilie
Are you tired of trading without a clear direction ?  Do market fluctuations and noise leave you feeling overwhelmed ?  Here is the solution you've been searching for! Imagine an indicator that simplifies trading, cuts through market noise, and provides crystal-clear signals. The Heiken Ashi OHLC Indicator does just that! What does the Heiken Ashi OHLC Indicator do? It transforms traditional candlestick charts into a trader's dream. Instead of dealing with erratic price movements, you'll wi
FREE
Happy Sun MT5
Sergey Belov
5 (1)
Expert adviser uses a breakout strategy when opening all orders without exception. Trading is conducted exclusively by pending orders. Entry points are located at local minimums and maximums, some levels are excluded with the internal filter of the EA. The maximum number of orders is set in the settings. The EA automatically determines the number of digits in quotes, so the user does not need to think about it and make the appropriate changes to the settings. You can use any type of account, suc
Product Name: Hedge Trade Manager MT5 Description: The "Hedge Trade Manager" EA for MetaTrader 5 is a sophisticated solution designed to adeptly manage trades through a hedge trading strategy. With a range of configurable settings, this EA provides comprehensive control over hedge trades. The documentation below outlines the various inputs and parameters to assist you in customizing the EA to suit your trading preferences. Overall Settings/Input Guide Name Setting Description General Settings Ma
FREE
GoldTrader
Yashar Seyyedin
Please backtest with the exact balance of your live account before applying to real money. ==> If account balance is too low it may not trade at all! For MT4 version please contact via private message. martingale version is available here . Strategy description - Detect trend based on EMA18-EMA50-SMA200 alignment in three time frames: M15, H1, H4 - Trade in trend direction and exit when above alignment is broken. - The bot is tuned to trade XAUUSD(Gold). - The bot output is break even in rangi
FREE
Heikin ashi indicator
Mathewstwapalisha Mulwafu
In this indicator, Heiken Ashi candles are calculated with the most optimal method. You can also customize the results by adjusting the amount of period and method input. But the most important advantage of this indicator is the adjustment of the time frame value. You can use this to calculate the Heiken Ashi chandels to See in time frames with lottery in the lower time chart. In this case, you get the best signal to buy or sell using two or more Heiken Ashi indicators with different timeframes
FREE
MA ADX Market Analyzer EA
Allan Munene Mutiiria
This MA ADX Market analyzer Expert Advisor is an advanced EA that continuously scans the market and finds the best trading opportunities for the trader. It uses a combination of Moving Average (MA) and ADX indicators to generate the trading signals. It is a fully automated EA that sends buy and sell orders to the market so that the trader does not have to be at the computer interface each time and gives his or her time to do his own activities.  This is a free EA that you can download Straight A
FREE
HMA5
Sergey Sapozhnikov
4.3 (10)
Hull Moving Average is more sensitive to the current price activity than a traditional Moving Average. It faster responds to trend change and more shows the price movement more accurately. This is a color version of the indicator. This indicator has been developed based in the original version created by Sergey <wizardserg@mail.ru>. Suitable for all timeframes. Parameters Period - smoothing period, recommended values are 9 to 64. The larger the period, the softer the light. Method - smoothing
FREE
HammerStar
Arismario Verissimo Neves
3.14 (7)
The HammerStar indicator is designed to search for the Hammer and Shooting Star patterns on charts of any currency pairs. Hammer Downward trend. The lower shadow is not less than 2 and no more than 3 times larger than the body. There is no upper shadow, or it is very short (no more than 10% of the candlestick range). The color of the body in the long game is not important, with the short - white hammer is much stronger than the black one. Confirmation is suggested. Shooting Star Uptrend.
FREE
Edgeweasel ORB: The EA that goes beyond the typical Opening Range Breakout (ORB) Expert Advisor. This versatile multi-asset tool excels in scanning multiple instruments simultaneously for trading opportunities immediately after the market opens. With its configurable RSI filter, it precisely targets overbought and oversold market conditions, significantly enhancing overall performance and success rates. To serve our diverse global user base, the advisor offers multilingual support, encompassing
FREE
BoletaMiniPanel
PATRICK ANTONIO MORELO A.
5 (5)
Simple panel with  Stop loss (Loss), Stop gain (Gain) , Trailing stop (TS) and Breakeven (BE-P). Lot is the number of contracts to be traded. Gain is the number, in points, that the stop gain will be positioned. If you don't want to put stop gain, just put 0 (zero) in place and when you open the order it won't have this stop. Loss is the number, in points, that the stop loss will be placed. If you don't want to put stop loss, just put 0 (zero) in place and when you open the order it won't
FREE
CandleStick 3 Candle Engulf
Francis Soddo Wetaka
3 (1)
The 3 Candlestick Engulf indicator is a candlestick pattern indicator that considers the last 3 bearish candles for a Bullish Engulf candlestick pattern signal and last 3 bullish candlesticks followed by a Bearish Engulf candlestick pattern for a bearish signal. Engulfs are also presented in both trending and non-trending situations of the market though recommended to move with signals that are in line with the trend basing on the moving average. The indicator has multiple input features that yo
FREE
Dax30 Ea Mt5 Hk
Pankaj Kapadia
5 (2)
Dax30 Ea Mt5 Hk.: Version 8.01 For Dax40(De40)(Ger40) The Dax30 EA MT5 HK is a product for traders who are interested in trading in DE40(DAX40) index of CDF.  The Dax30 EA MT5 HK is likely an automated trading system that uses technical analysis and algorithms to trade the DAX40 index. By automating the trading process, the product aims to eliminate emotional and psychological biases from the decision-making process, potentially leading to more consistent and stable with low risk.  The Dax30 Ea
The "Dagangduit EA Auto_SLTP" is an Expert Advisor (EA) developed by the Dagangduit Core Team for MetaTrader 5. This EA is designed to provide automated management of Stop Loss (SL) and Take Profit (TP) levels for your trades, as well as other advanced features to enhance your trading experience. Key Features: Automated SL and TP Management : The EA automatically manages the Stop Loss (SL) and Take Profit (TP) levels of your open positions, allowing you to protect your profits and limit potentia
FREE
IDixie
Evgeniy Scherbina
IDixie is an indicator which shows open and close values of the American dollar index, DXY or "Dixie". The indicator is calculated from weighted values of 6 major symbols: EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, and USDCHF. In addition to "Dixie" values, the indicator also shows a moving average. You can set the period of the moving average. When bars of the indicator break through the moving average, this creates good opportunities to enter the market. As a rule, signals from this indicator are
FREE
TSO Stochastic RSI MT5
Dionisis Nikolopoulos
4 (4)
Stochastic RSI makes a stochastic calculation on the RSI indicator. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Features Find overbought and oversold situations. Sound alert when overbought/oversold level is reached. Get email and/or push notification alerts when a signal is detected. The indicator is non-repainting. Returns buffer values for %K and %D to be used as part of an EA. (s
FREE
GerFX Density Scalper MT5
Exler Consulting GmbH
5 (6)
Before you buy a night scalper please be aware of the risks involved: Past performance is no guarantee of future profitability (the EA could also make losses).  The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but still execution of the SL d
Quintet EMA
Jithin Sajan Sajan
Kindly rate and comment about the product for upgradation & Support The   5 EMA   is plotted in   green   color ( Lime ). The  14 EMA  is plotted in  red  color ( Red ). The   20 EMA   is plotted in   blue   color ( Blue ). The  200 EMA  is plotted in  black  color ( Black ). The   200 EMA   is plotted in   yellow   color ( Yellow ). The Quarter EMA that provided calculates and plots four Exponential Moving Averages (EMAs) on the chart using different periods: 5, 14, 20, and 200. Each EMA
FREE
**   All Symbols   x   All Time frames   scan just by pressing scanner button ** *** Contact me after the purchase to send you instructions and add you in "Order Block group" for sharing or seeing experiences with other users. Introduction: The central banks and financial institutions mainly drive the market,   Order block is considered a market behavior that indicates accumulation of orders from banks and institutions, then   the market tends to make a sharp move(Imbalance) on either side once
Deriv Algotraders EA
Adebayo Oluwaseun Ojo
Live Trading Copy Service with this exact EA :  https://www.mql5.com/en/signals/1955918 INTRODUCTION Deriv AlgoTraders EA (bot) is designed and developed by a seasoned market professional with years of experience with the goal of preserving trading capital while making consistent profit (passive income). It works on MT5 platform provided by Deriv Limited, a brokerage firm offering a wide range of assets derived from real-world or simulated markets.  Some of the advantages of this type of market
Uncle Reaper FX
Michael Prescott Burney
Unleash the Dark Power of Uncle Reaper FX for GBPJPY H1 Chart – The Foremost Arsenal in Forex Trading The difference is experienced with you  go a few rounds with Uncle Reaper and trade like never before. Harness the power of comprehensive strategy, adaptive algorithms, and advanced exits to dominate the Forex market. Enter the realm where only the daring thrive. Uncle Reaper FX, forged in the depths of market volatility, is tailored for the GBPJPY hourly chart. This formidable system wields a
FREE
The "Envelope of Adaptive Moving Average" indicator is a tool to assist you in making informed decisions in the financial market. It is designed to provide you with a clear view of the trend direction and potential entry and exit points in your trades. This indicator is based on an adaptive moving average, which means it automatically adjusts to changes in market volatility. This makes it especially useful in markets that can be both calm and volatile. The indicator displays two lines that enve
FREE
Investment Castle Support and Resistance
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
5 (5)
Investment Castle Support and Resistance Indicator has the following features: 1.  Dictates the direction of Buy or Sell trades based on Support and Resistance Levels automatically . 2.  Candles stick colors will change to Red for Sell and Blue for Buy (Default settings, user can change from the inputs). 3. This indicator is built-in the Support & Resistance based Investment Castle EA which works with Psychological Key Levels "Support & Resistance".
FREE
Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into the past by less than a second. The robot is like Bi
FIBO Trend EA mt5
Evgenii Aksenov
4.88 (8)
This is a trend strategy that uses the  FIBO Trend PRO  indicator and trades on the M5-H4 timeframes. The FIBO Trend EA implements the multi-currency trading function and blocks the opening of new orders for other pairs if the allowed drawdown level for one of them is exceeded. The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions sett
Auto close
Raudel Umaran Elias
4.86 (7)
Simple program to automatically close positions by profit or loss. User can select "Total Profit" to close all positions at the same time, once the total profit or loss is reached. User can select "Single Profit" to close one by one positions, once single profit or loss is reached. Notes: 1. The assistant will not open any position. 2. The assistant only provide market orders, so due maket volatility positions can suffer slippage. 
FREE
Heikin Ashi Volume
Flavio Javier Jarabeck
For those who love to trade using the Heikin Ashi Candlesticks, here it is one more powerful ally: Heikin Ashi Volume . This indicator is an exclusive idea and creation from us at Minions Labs for you. The idea behind this indicator is to have a visual cue over the Heiken Ashi candles pointing at those candles with big volume. For this to happen you can choose between 2 different techniques of identifying the "high" volume: Higher Volume above the last N previous bars average. Higher Volume segm
MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for th
Money Flow Index EA Friendly
Flavio Javier Jarabeck
4.25 (4)
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
El indicador técnico conocido como   Líneas de Tendencia Perfecta . Este indicador es una herramienta valiosa en el análisis técnico y se utiliza para mejorar la toma de decisiones en el trading. Aquí tienes una descripción paso a paso de cómo funciona y cómo puede ser utilizado por los traders: Identificación de Tendencias : Las líneas de tendencia perfecta se dibujan conectando dos o más puntos de precio en un gráfico, revelando así la dirección general del mercado. Una línea ascendente indica
FREE
The MelBar EuroSwiss 1.85x 2Y Expert Advisor  is a specific purpose profit-scalping tool which success depends on your understanding of its underlying strategy and your ability to configure it. Backtest results using historical data from 6 February 2018 15:00 to 19 February 2020 00:00 for the EUR/CHF (M30) currency pair proves very highly profitable. Initial Deposit : US$500 Investment returns : US$1426.20 Net Profit : US$926.20 ROI : 185.24% Annualized ROI : 67.16% Investment Length : 2 ye
FREE
DemsFx Super Charger EA
Desmond Ebimobowei Dogubo
4 (1)
1. The Expert Advisor built with a basic, simple and stable trading strategy that is highly effective and accurate with a sniper entry system with a good money management.. 2. The expert advisor works best as from 15 minutes time frame and above.... 3. The expert advisor work with all broker and all currency pair and synthetic indices... 4. Use a reasonable lot size and correct settings if you want to get the best of the Expert Advisor.. Note: To enjoy the full working ability of this Expert Adv
FREE
Relative Volume RVOL
Alberto Gauer Borrego
4.5 (2)
Relative Volume or RVOL   is an indicator that averages the volume of X amount of days, making it easy to compare sessions volumes. The histogram only has 3 colors: Green - Above average volume Yellow - Average volume Red - Below average volume The default setting is 20 days, which corresponds more or less to a month of trading. In this version is possible to choose between tick and real volumes (if you are using a broker which offers future contracts) With the data obtaine
FREE
MACD Div MT5
Tiofelo Da Olga Gilbert Teles
The indicator draws arrows and lines in the main chart and subwindow chart according to the divergences detected. Using the inputs, you can change the MACD values, disable or enable the drawing of divergence lines and arrows in the main chart or subwindow chart, change the colors of the divergence lines enable and disable the alerts [poup up alerts and notification alerts]. sell signal: if occurred bearish divergence and main crossed signal. buy signal: if occurred bullish divergence and main cr
FREE
Simple, easy and uncomplicated, you can move to any location on the chart, in addition to having the option to place stop loss and take profit. Very good, it makes day trading easier. The default trading panel of Meta Trader 5 is not very nice, it is fixed on the left side of the screen and flashing red and blue which is annoying. This new panel is more flexible and better to view.
FREE
Price Momentum
Flavio Javier Jarabeck
4.92 (13)
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
NNFX Trade Panel
Manuel Alejandro Cercos Perez
4.8 (5)
Trade Panel for the No Nonsense Forex Method Improve your trading speed while also keeping your charts clean Features: -Position sizing: when clicking Buy/Sell, this tool opens 2 trades with the amount of lots that best approximate your risk (percentage of balance that is used in each trade). Forget about calculating pip values! -SL and TP: each trade is opened with a Stop Loss at 1.5*ATR, and one of the two halves with a Take Profit at 1*ATR. The ATR value used would be the one of the curren
FREE
PRICE ACTION Semi-auto trade bot premium: This is a simple quantitative model that trades GOLD(XAUUSD) using automatic price action analysis algorithms Place it on any symbol or timeframe.  The position sizes are calculated by multiplying 0.01 per USD 500 on account to ensure low risk exposure and also leaving free margin for hedging positions that reduce the overall risk exposure . This is what leads to stability in the model though it is possible that the model like any other might stop workin
FREE
Trend Monitor VZ MT5
Sergey Ermolov
5 (1)
MT4 version   |  Valable ZigZag Indicator  |   FAQ The Elliott Wave Theory  is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The  Valable ZigZag Indicator  shows the   wave structure of the market , as well as indicates the direction of the main trend at the moment on the current timeframe. For your conve
US30 Bot
Gabriel Matovu
US 30 BOT This is a simple quantitative model that trades US30 Index from NASDAQ top 30 American stocks It uses volatility contraction and expansion as a basic theory. Place it on US30 chart ,any timeframe.  Hedged accounts are advised. NB: Standard accounts are preferred and well regulated brokers eg ICMarkets are advised to avoid unnecessary losses eg slippage ones,commissions  and  large spreads. Minimum account balance ADVISED : USD 100 HOW TO USE: A VPS is highly recommended. AWS offers 1 y
FREE
PZ Trend Trading MT5
PZ TRADING SLU
3.67 (3)
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
Flexible Fractals Line
Sa No Tsuyoshi Kokorozashi
5 (6)
Description This is an indicator for MT5 which has enhanced the  "Fractals"  indicator. "Fractals" indicator is included in MT5 by default but the draw line period is fixed at "5" and it cannot be modified.  Thus I have reinvented the Fractals indicator with some useful function added.  This tool will be useful especially for those who are learning how to draw good horizontal lines and wants to get some reference.  Of course, those who are considering Fractals as an important horizontal line wil
FREE
SI Connect MT5
Daniel Stein
5 (4)
SI Connect is a utility that establishes the connection to our servers to use FX Volume or the SIEA trading systems. Technical instructions to prepare your terminal for the usage of SI Connect Allow web requests and insert https://stein.investments to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors . You need only one running EA instance per terminal, but it has to run constantly in the background to grab the latest data from our data centre. In case of quest
FREE
Get news5
Aleksander Gladkov
Utility for reading news from investing.com To access the site, you need to add WebRequest in the Options terminal menu on the Expert Advisors tab: https://sslecal2.investing.com If reading is successful, a message about writing the file is displayed. The INV_week_this.txt file is written to the MQL5\Files folder of the terminal and is kept up to date, updating data according to its own timer You can attach the utility to any chart with any time frame; just one is enough to support indicat
Percentage Oscillator
Alexandre Borela
5 (1)
If you like this project, leave a 5 star review. Follow on instagram: borelatech As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. This oscillator will show you the percentage variation for the: Day. Week. Month. Quarter. Year. In a subwindow where you trace yo
FREE
UniversalMA EA
Mikhail Sergeev
1 (1)
Create, explore, earn! The Expert Advisor allows you to build fully automatic trading systems based on a powerful and universal indicator that smoothes the price of an instrument. Create your own trading system with a set of rules integrated into the EA. Test your idea in the strategy tester. Use it in real trading for profit or as an additional tool. On 10/19/2021, we published a completely free UniversalMA indicator for MetaTrader 5. UniversalMA is a moving average with huge customization opti
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
FREE
I  recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. In addition to finding bullish and bearish Three line strike formations this multi symbol and mutli time frame indicator can also scan for the following candlestick patterns (please see screenshots for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) The formations do not ap
Donchian Trend Ribbon 2
Luis Enrique Ricales
5 (1)
I think you all know Donchian Channels. so I am not going to write about it. With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you wish - then it calculates trend direction for each 9 lower lengths. if you set the length = 20 then the lengths are 19, 18,...11 - and it checks if the trend directions that came from lower lengths i
FREE
Andrew PitchFork
Mahmoud Sabry Mohamed Youssef
4.56 (9)
Andrew Pitch fork is one of the most interesting string trend & Channel & Fibo technical analysis , it's like ALL in ONE tool would be very enough for you. FYI, This indicator will expire by end of July 2022. Using 2 Andrew pitch Forks with 2 different time frames on same chart is really very hard working and might be impossible , but with this indicator is possible now , moreover , using this method as Candle Volume based  analysis give strong trust for your trade. I assume if you are hav
FREE
GatorDeviation Breakout
Dipak Dilip Reddy
5 (1)
The given MQL5 code is for an Expert Advisor (EA) that implements a trading strategy using the Alligator indicator and the Standard Deviation indicator. Here's a breakdown of the code: The code defines various input parameters for the EA, including entry lots, stop loss, take profit, indicator parameters, and expert settings. The OnInit() function initializes the EA by setting some variables and validating the initialization. The OnTick() function is called on each tick of the price data and
FREE
RMI Scalper EA
Robots4Forex Ltd
4 (2)
The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please no
FREE
VolumeFlow
Paulo Henrique Faquineli Garcia
5 (2)
VolumeFlow is a Volume Accumulation / Distribution tracking indicator. It works in a similar way to OBV, but it is much more refined and includes the options to use: Classical Approach = OBV; Useful Volume Approach; Gail Mercer's approach; Input Parameters: Input Parameters: Approach Type: Explained above; Volume Type: Real or Ticks; Recommendations: Remember: The TOPs or BOTTONS left by the indicator are good Trade Location points. This is because the players who were "stuck" in these regions w
FREE
SSA Trend Predictor
Roman Korotchenko
4.25 (4)
This indicator extracts a trend from a price series and forecasts its further development. Algorithm is based on modern technique of Singular Spectral Analysis ( SSA ). SSA is used for extracting the main components (trend, seasonal and wave fluctuations), smoothing and eliminating noise. It does not require the series to be stationary, as well as the information on presence of periodic components and their periods. It can be applied both for trend and for another indicators. Features of the m
FREE
Auto Chart Alert MT5
Young Ho Seo
3.6 (5)
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. A
FREE
RubdFx Perfect Reversal , The reversal indicator is used to determine areas of support and resistance by Drawing an arrow with a level of supply and demand ( ReversalZones ). - You will catch more swings by reducing the period, and less swings if you increase period - Mobile, computer and email alerts available . it is not pushed by price which means the arrow will stay in one place,suitable for scalping and long term trading  Also Compatible with all forex paris , BUY RULES;  open a buy positio
MIN MAX of the Day
Flavio Javier Jarabeck
5 (13)
For those Price Action traders who love to trade strong Price points, like yesterday's HIGH and LOW, here is an indicator to ease the identification of those values, drawn directly on your chart! MIN/MAX of the Day will automatically draw 2 lines showing you those points for you, AND, if you like any HIGH and LOW in the past, not just yesterday's prices. It can also be configured to additionally show today's HIGH and LOW prices - just configure the refresh rate of those lines at your own taste/s
FREE
Royal Prince Gold MT5
Richard Louis Pastor
NO MARTINGALE, NO HEDGE, NO GRID, NO SCALP,  YES TP/SL , YES Pending Order This EA takes 200-300 Trades per year Best results are on Low Spread ECN Broker  TF: H1 Pair: XAUUSD Leverage: 1:100 Settings:     (All settings in screenshot) mmLots= 0.1 - Fix lot setting ExitAtEndOfDay = false - enable or disable exit end of day ExitOnFriday = true - enable or disable exit on Friday FridayExitTime = 19:00 - time exit on Friday
HighLow MT5
Azamat Mullayanov
4.2 (5)
The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and time frames It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. You
FREE
Description: The Custom Moving Averages indicator displays three different moving averages on the chart: a 10-period Simple Moving Average (SMA10) in lime, a 21-period Simple Moving Average (SMA21) in red, and a 200-period Exponential Moving Average (EMA200) in thicker white. This indicator helps traders identify trends and potential entry/exit points based on the behavior of these moving averages. Features: Three moving averages in different periods: SMA10, SMA21, and EMA200. Customizable color
FREE
DALA Forecast
Grigorii Matsnev
About the indicator: DALA Forecast is a universal tool for predicting the dynamics of time series of any nature. For prediction, modified methods of nonlinear dynamics analysis are used, on the basis of which a predictive model is built using machine learning methods.  To get the trial version of the indicator, you can contact me in private messages. How to use the indicator: Apply the indicator to your chosen financial instrument or indicator with the settings you need. The prediction will b
FREE
The same indicator as here Скачайте Технический индикатор 'John Carters TTM Squeeze with MACD Multitimeframe' для MetaTrader 5 в магазине MetaTrader Market (mql5.com) , but instead of MACD, Bill Williams' AO (Awesome Oscillator) is used. It goes well with a sleeping Alligator to determine periods of "compression-calm", which may be followed by significant movement. It is useful to use an indicator from a higher timeframe (coefficient 5 or 6) to determine the possible direction of a breakout.
FREE
MACD Line 2 MT5
MASTERBROK NEXUS SRL
The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader4 Version   |   All Products   |   Contac
FREE
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
FREE

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