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Top indicators for MetaTrader 5 based on user ratings - 17
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Indicator of Murrey levels in indicator buffers with the added visual text information on those levels
Indicator Murrey_Math_Lv with the levels shown as labels that can be changed in its input parameters
ASI was created by Wales Wilder as an ordinary fluctuations indicator that gets signals from previous maximums and minimums of price.
The Williams’ Percent Range Indicator (%R) is dynamic technical indicator, which determines whether the market is overbought/oversold.
The DRAW_SECTION drawing style is used for plotting the values of the indicator's buffer as a sections.
The DRAW_COLOR_ZIGZAG style draws lines of different colors by values of two indicator buffers. This is the color version of the DRAW_ZIGZAG style and allows you to specify individual color for each line from predefined color set.
The indicator generates continuous lines of the relative average bullish and bearish power.
Vertical Horizontal Filter (VHF) shows, if there is a trend or a flat
This is the improved version of Price Channel indicator. Two additional price levels, trade signals and Stop Loss/Take Profit levels were added.
The indicator shows the opening price of the senior time frame (e.g., 1-day time frame) and draws line indents to the opening price, thus forming a range.
Disparity Index (difference index) displays the difference between the close price and chosen Moving Averages in percentage. It is recommended to use in combination with the other candlestick models
This indicator measures the (smoothed) distance in pips between the close and an exponential moving average.
Negative Volume Index (NVI) with the timeframe selection option available in the input parameters.
The RSICloud indicator with the timeframe selection option available in the input parameters.
This indicator is an example of smoothing the Bears Power indicator timeseries by filtering high-order harmonics.
Volume Profile + Range v6.0 (former TPO). Distribution of deals by price levels at a given time interval. Displayed as a histogram.
This is an indicator that generates simulated data for any period - but in seconds
The Kijun-sen line with color customization and sending alert on trend changes
This is a trend-following indicator using the moving average and its smoothing. It features alerts, emails and push notifications.
Indicator in the form of a panel. Displays the resulting direction of the position: resulting lot size and up or down arrow.
Kase DevStops. What all of this boils down to is that we need to take variance and skew into consideration when we are establishing a system for setting stops. Three steps that we can take in order to both better define and to minimize the threshold of uncertainty in setting stops are: 1. Consideration of the variance or the standard deviation of range. 2. Consideration of the skew, or more simply, the amount at which range can spike in the opposite direction of the trend. 3. Reformation of our data to be more consistent (this step is examined in detail in Chapter 81, while minimizing the degree of uncertainty as much as possible).
Historical Volatility bands constructed using average as the middle line, and upper and lower bands using the Historical Volatility high/low (instead of "regular" Historical Volatility) for bands calculation.
Indicator CaudateXPeriodCandle in the main chart, highlighting with colored points caudate candlesticks of the "Hammer" and "Reversed Hammer" types only.
Compared to the Volume Zone Oscillator indicator, this version is additionally using floating levels to determine the trend.
The Dinapoli Preferred Stochastic indicator uses the smoothing method described by Joe DiNapoli, which differs from the standard stochastic.