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Top indicators for MetaTrader 5 based on user ratings - 10
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Ergonomic Parabolic SAR. The indicator itself is a two-color one and it also adds large colored dots that appear during each trend reversal.
The indicator acts in a fully opposite way comparing to the adaptive moving averages during a trend market: in case of a definite trend, both indicator lines (Lead Sine and Sine Wave) move parallel to each other and show the trend direction by their location relative to each other; in case of a flat, the Sine Wave indicator quickly reacts on the market swing movements.
DeMarker indicator with the possibility to select smoothing algorithms that is made in color with dynamically changing oversold and overbought levels.
The HLCrossSig for WPR is considered as a trend indicator, since it is intended for "catching" trends. However, it's a pretty complex and informative indicator that allows excluding the psychological and emotional influence from trading.
This indicator draws a period of operation that specifies trade start time and trade stop time.
The MACD histogram, based on the FATL and SATL digital filters with color indication of trends.
Keltner Channel built relative to the average value of the XRSX oscillator as a sequence of candlesticks
A quick way to draw an arc-shaped channel using four mouse clicks.
Probability levels based on ATR. "Probability" is calculated based on the projected Average True Range and previous period Close.
This version of Polychromatic Momentum is using double smoothed EMA for smoothing. DSEMA has been proven for producing very good smooth results with a lag that is almost non-existent, hence, in combination with it, the Polychromatic Momentum indicator becomes much more usable when it comes to signals.
A candlestick-based chart based on histograms Ang_Zad_C_Hist calculated on the Open, High, Low, and Close timeseries of the price chart.
Indicator MPO (Midpoint Oscillator) displays price movement without its trend component around its centerpoint. It is displayed as two lines: Price movement line and signal line. Centerline (MidPoint) is zero level of the oscillator.
One of the latest version of this indicator at the moment. Huge base of different modifications of moving averages, with multitimesframe function, sending signals to e-mail and push notifications.
Wick Ratio Candlesticks are recognized by its upper and lower wick ratio instead of open and close properties.
Donchian Channel for traders or young developers by William210
The 'wd.Multi_ClockPrice lite!' is the lite version of 'wd.Multi_ClockPrice', providing a visual representation of server time and bid prices on the chart. It synchronizes with PC clock every seconds, allowing seamless updates even when MT5 is offline. Real-time bid prices are displayed, efficiently meeting the need for price information. Place informational labels in the specified sub-window, adjusting positions as needed.
The Mass Index is developed to catch the trend reversal points. It is based on changes between maximum and minimum prices. If the amplitude gets wider, the mass index grows; if it gets narrower, the index gets smaller. The mass index was created by Donald Dorcy.
The Zigzag indicator is a series of sections connecting significant tops and bottoms at the price plot.
The indicator is a combination of the FATL digital filter and analogue JMA adaptive smoothing.