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Top indicators for MetaTrader 5 based on user ratings - 18
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The Bollinger Bands ® Indicator (BB) is similar to Envelopes. The only difference is that the bands of Envelopes are plotted a fixed distance (%) away from the moving average, while the Bollinger Bands are plotted a certain number of standard deviations away from it.
The Gator Oscillator is based on the Alligator and shows the degree of convergence/divergence of the Balance Lines (Smoothed Moving Average).
It's an oscillator of the overbought/oversold market conditions. It can also be used as the Momentum indicator. Triple smoothing is used for removing the cyclic components in price movements with the period less than that of TRIX.
This indicator uses the Nearest Neighbor clustering technique, also called k-NN, to search for the most similar pattern in history and use its past prices as predictions of the current pattern future prices.
The spread_on_chart indicator shows the current values of spread, stop and freeze levels.
Stochastic indicator, can be applied to any timeframe (higher or lower than the current chart's timeframe).
The hybrid of digital and analog filters that displays its larger timeframe values at a smaller one.
The indicator displays the crossing points of RSI (Relative Strength Index) indicators belonging to various periods.
The indicator creates fractals from another larger timeframe on a current chart based on Fine_Fractals indicator data.
The class is designed for calculation the technical indicator Efficiency Ratio (Efficiency Ratio, ER)using the algorithm of the ring buffer.
The class is designed for calculation of a technical indicator Money Flow Index (Money Flow Index, MFI) using the algorithm of the ring buffer.
This indicator will plot divergence lines on the MACD indicator and will give buy and sell signal by displaying green and red arrows.
The ZZLevels indicator uses the Simple ZigZag to find the boundaries of the flat, as well as the support and resistance levels.
The Bear_Bulls_Power indicator with the timeframe selection option available in the input parameters.
MetaCOT 2 CFTC ToolBox Indicators is a set of MetaCOT 2 indicators that provide access to CFTC reports. MetaCOT 2 supports COT, Disaggregated COT, TFF and CIT reports. It allows to draw COT charts straight in the MetaTrader terminal. All indicators are available as source code, and anyone can use them to create their own trading system.
Parabolic SAR that avoids some of the problems of existing PSAR-indicators and calculates the values correctly.
The indicator shows the statistical characteristics of bars: the mean value, variance, skewness and kurtosis
The XRSIDeMarker_Histogram indicator with the possibility to change the indicator timeframe in input parameters.
This version of Heiken Ashi Zone Trade indicator is made to display values in a separate window - that way it will not interfere with the other on-chart indicators and can be easier to read the states in some cases.
Fibonacci Pivot points indicator that can draw any number of levels for any of the known timeframes usable by MetaTrader 5.
The Indicator paints the bars according to the Trade Zones, as proposed by Bill Williams.