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Free Expert Advisors and Indicators for MetaTrader 5 - 16

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.
Gaps Scalper
Victor Panos Belmar
4 (3)
The key to success is always good optimisation. The system has a number of variables and in this case its simplicity is the key to its success. The system looks for the different "Gaps" as market entry failures and then debugs them through a stochastic analysis, i.e. the analysis of two moving averages to see if the price is overvalued or undervalued, and once this is done, the expert advisor will decide whether to perform an action or refrain from performing it. It is a very simple but power
FREE
CandlestickForMt5
Vitaliy Davydov
5 (12)
CANDLESTICK_MT5 A very interesting indicator of candlestick patterns, converted from the free version of the CANDLESTICK indicator for the MetaTrader4 terminal to the version for the MetaTrader5 terminal. In addition to candlestick patterns, it draws support and resistance lines, which are perfectly worked out by the price on the chart. It can work on any timeframe. Has simple settings. When converting, the logic of work and the design of the original CANDLESTICK indicator for the MT4 termina
FREE
Trend Fibonacci is a unique indicator that combines a power of Fibonacci sequences and ranges. Channel Group:   Click Here How to read: - There are three zones --> red, gold and green - Red candlestick = downtrend - Green candlestick = uptrend   - Gold candlestick = no established trend Inputs: Per = number of bars used for calculations FirstRatio = first Fibonacci ratio (Or use any ratio you want) SecondRatio = second Fibonacci ratio (Or use any ratio you want) !! IF YOU PURCHASE TH
FREE
If you are (or were) a fan of the RSI indicator will love Tushar Chande's Dynamic Momentum Index indicator, that simply put is a dynamic variable lenght RSI, so it is more powerful. The DMI indicator internally uses a variable number of bars in its calculations, taking into consideration the volatility levels of the current market you are analyzing. This way, the DMI indicator will use more bars as volatility decreases and less bars when volatility increases, giving you a more powerfull analysis
FREE
Gatotkaca Support Resistance Trendline Indicator is a simple indicator that detects support, resistance and trendlines. It will helps you find breakout momentum based on lines calculated by this indicator. This is conceptually based on fractals, but with customizable periods.  Compatible for any timeframes. You can customize how this indicator work by setting up the period input.
FREE
This is a buyer and seller aggression indicator that analyzes the shape of each candle and project this data in a histogram form. There are 4 histograms in one. On the front we have two: Upper - Buyer force. Lower - Seller force. At the background we also have two histogram, both with same color. They measure the combined strenght of buyers and sellers. This histograms can be turned off in Input Parameters. It is also possible to have the real or tick volume to help on this force measurement. IN
FREE
RFOC Symbol Background
Ronaldo Franco De Oliveira Cardoso
5 (1)
The RFOC Symbol Background was created to display the name of the asset and the current timeframe in the background of the chart. Displaying the name of the asset at the bottom of the chart is often used by traders who are designing the screen for spectators, making it easier to identify the asset and the timeframe during a class, for example. It is available for the user to select the font size (small, medium or large) and select the color for better viewing according to the background colo
FREE
SignalDeMarker
Andrey Spiridonov
4.75 (4)
SignalDeMarker - stable in its work automatic adviser. The algorithm of the adviser's work is based on the definition of overbought / oversold market zones, built on the basis of an assessment of the current demand and the level of risk. The indicator is installed in the usual way, on a chart with a time period of D1 and works with any trading instrument. Options Expert_MagicNumber = 1234 - magic number Signal_StopLevel = 50.0 - level of stop-loss (in points) Signal_TakeLevel = 50.0 - Level
FREE
Keltner Enhanced
David Ben Svaiter
5 (1)
Keltner-Enhanced improves the accuracy and readability of Keltner Channels with many options for adjusting them and more five price calculations beyond the META default. The Keltner-E indicator is a banded indicator similar to Bollinger Bands and Moving Average Envelopes. They consist of an upper envelope above a midline and a lower envelope below the midline.  The main occurrences to look out for when using Keltner Channels are breakouts above the Upper Envelope or below the Lower Envelope
FREE
Price and Spread Indicator Version: 1.0 Developer: Creative Tech Solutions   Website: https://www.creativetechsolutions.co.uk Overview The Price and Spread Indicator is a great tool for MetaTrader 5 that displays the Ask and Bid prices along with the spread directly on the chart. This indicator provides real-time updates and allows traders to make informed decisions based on accurate price information. Features - Real-time Price Updates: Continuously updates Ask and Bid prices. - Spread D
FREE
SK RandomWalk Monkey EA MT5
Mr Sakkarin Yartfoong
5 (2)
Are You Better than Monkey? Prove it... The trade of this EA is based on random output with customizable lot size (use martingale or not), stop-loss, and take-profit levels. Easy to use and Simple Great for benchmarking tests against other EAs or manual trade. Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Support us by open  My recommended broker. Exness Tickmill robot monkey uses Adx trend filter for fair game no-trade unfavorable market ( you can turn off set adx = 0) . EA starts
FREE
Rule Plotter Scanner
Francisco Gomes Da Silva
Have you ever thought about having a scanner that scans all strategies and shows the buy and sell points for all timeframes of that asset, all at the same time? That's exactly what this scanner does. This scanner is designed to display the buy and sell signals you created in the Rule Plotter: strategy creator without programming and run them within this scanner on various assets and different timeframes. The default strategy for Rule Plotter is only bullish and bearish candles. This means that i
FREE
Simple Trading Controller
Pierpaolo De Nicolo
5 (1)
The "Simple Trading Controller" for MetaTrader 5 sets a new standard for speed and efficiency in opening and closing market positions. Crafted with a clean and intuitive design, this tool is a response to the specific needs of traders, ensuring a seamless and rapid trading experience. All it provides is: Quick BUY and SELL Buttons Open multiple operations at the same time Set Trade Size Set Stop Loss Take Profit Points Close All Positions Let's go and see the advantages of using "Simple Trading
FREE
Silent Trader
Ciprian Ghebanoaei
3 (1)
Silent Trader     The fully automated Silent Trader EA opens positions after receiving signal from 4 indicators: Money Flow Index, Force Index, Alligator and Standard Deviation. It also contains stop loss and take profit.   GBPJPY M30 Entry lots: minim 0.1 Stop Loss: 184  pips Take Profit: 284  pips Minimum acount: 1000 - 2000  $ Max Spread :  20  points Account leverage - from 1:500. Terminal - MetaTrader5   Recommendation :   ü   MaxLotSize -   maximal allowed trading lot. Change this param
FREE
Trade in trend
Evgeny Raspaev
5 (2)
Индикатор Trade in trend предназначен для торговли по тренду. Сила тренда определяется шириной линии. Узкая линия - начало или конец тренда. Широкая линия свидетельствует о высокой силе тренда. Резкая смена ширины линии свидетельствует, с большой вероятностью, об окончании тенденции. Сигналы индикатора Не против покупки: переход с красной линии в белую цена отразилась от белой линии индикатора цена находится выше белой линии индикатора Не против продажи:  переход с белой линии в красную цена отр
FREE
QuantumAlert CCI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our   MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the pri
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Indicators are for trend followers! A trading system constructed by three moving averages. Trade with the trend and let profits run. Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy
FREE
This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
FREE
Range Breakout EA PRO
Kabelo Frans Mampa
Test Before Use... In the forex market, a range refers to a period of time during which the price of a currency pair remains relatively stable, fluctuating within a narrow band. This can be contrasted with a trend, which refers to a sustained movement in the price of a currency pair in a particular direction. During a range, the price of the currency pair may move up and down within a defined range, but it is not trending strongly in any particular direction. This can be a good time for the rang
FREE
Investment Castle Engulfing
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
4.5 (2)
Whether you are a scalper or daily trader, you will always look for bullish / bearish engulfing candles. This can be a bit tricky and stressful when you try to visually identify the engulfing candles on the chart. Not only that, you might be trading on the M15 time frame but the engulfing candle is forming or has already formed in the H4 time frame. This indicator is made to do that on your behalf. You can trade on any time frame and see Engulfing candles of another time frame, this means that
FREE
Doushoku samourai
Tony Andre Gilbekt Arnoult
5 (1)
Description des paramètres : Doushoku samourai est un robot trading adapté pour du trading semi-automatisé. Il utilise une moyenne mobile pour déterminer les ordres qu'il doit passer. Si le prix actuel est au-dessus de la moyenne mobile, il achète. Si le prix actuel est en-dessous de la moyenne mobile, il vend. Le calcul du take-profit (ou target) est déterminée en points (0.1 PIP). Il est le résultat de la différence entre un prix choisi nb bougies dans le passé et le prix de la dernière b
FREE
Trend follow by volume verification
OTAVIO AGUIAR CAMPOS Aguiar
3 (3)
O Indicador valida a força da tendência utilizando o volume negociado. Os candles são mostrados na cor verde indicando força compradora e cor vermelha na força vendedora. O movimento é encerrado pelo SAR parabólico. Vantagens: Filtra distorções de preço sem volume financeiro; Filtra consolidações e movimentos laterais; Filtra divergências de volume pelo indicador Money Flow. Desvantagens: Não filtra todos os falsos rompimentos, visto que rompimentos importantes geram altos volumes financeiros; N
FREE
Supertrend etradro
Christian Opperskalski
5 (2)
The Supertrend etradro indicator is volatility based and is more of a trend following indicator in function. The ATR indicator, which is integrated into the calculation of the super trend, also calculates course gaps (gaps) and does not overlook them. This allows more accurate values to be calculated. When measuring volatility, the mean value of the current price serves as the basis. Since the Supertrend indicator features sliding stop and reversal lines, it is quite similar in function to the P
FREE
Indicator introduction: The indicator draws trend line and histogram, It has small price lag, and has no future functions, the signals will not drift. When the market is under inter-area oscillations, If the indicator appears red and green histogram, this is a low price zone, if the indicator appears magenta and yellow histogram , this is a high price zone. It can also be used to analyze market's trend according to the high and low price zone. The indicator can send emails, alerts and notifica
FREE
Indicator measures strength of each currency in your list. Main idea: It simply iterates through all combinations of pairs and adds difference between open and close in percent. Parameters: List of currencies - what currencies will be calculated (maximum is 8) Calculation type - from which data will be strength calculated Calculation data input - used as input related to calculation type Symbol suffix - used in case of suffix on symbols, e.g: when your symbols look like EURUSDm, EURUSDmicro et
FREE
Awesome Comparative
Daniel Eduardo San Martin
Discover the most effective strategies of the Awesome Oscillator indicator with our innovative expert advisor Awesome Comparative . With Awesome Comparative , you can conduct comprehensive tests in the MetaTrader5 strategy tester to determine which Awesome Oscillator strategies work best for your broker, as well as your preferred assets and timeframes. Our EA offers three included strategies: Saucer , Twin Peaks , and Zero Line Cross . Additionally, it allows you to combine these strategies in
FREE
Candle Timer For End
Ronaldo Franco De Oliveira Cardoso
5 (1)
Uma informação de grande valor para o trader se localizar no tempo é a informação de quanto tempo temos para o encerramento do candle atual ou quanto falta para a formação de um novo candle. O RFOC Timer apresenta esta informação de forma clara e alocada à direita do candle atual.  Adicionalmente o RFOC Timer acompanha a opção de inclusão das linhas de preços ASK e BID com e sem extensão a direita e/ou esquerda. Esta função auxilia, por exemplo, a não sobreposição das linhas de ASK e BID com as
FREE
EUPulse
Javier Diaz Perete
EUPulse : The EUPulse trading robot is designed to operate on the EUR/USD currency pair. Optimized for an M30 (30-minute) trading timeframe, it offers a balanced approach for traders aiming to combine short-term and medium-term strategies. Technical Indicators Used Kaufman's Adaptive Moving Average (KAMA) : This adaptive moving average adjusts based on market volatility, smoothing price data to filter out noise while staying responsive to significant price movements. The robot uses KAMA to ident
FREE
Survivor
Pavel Nikiforov
Название советника : Survivor  (есть расширенная версия: https://www.mql5.com/ru/market/product/36530 ) Валютные пары : USDJPY, EURUSD, GBPUSD, AUDUSD, GBPJPY, XAUUSD, EURCHF Рекомендованная валютная пара : USDJPY Таймфрейм : М5 Время торговли : круглосуточно Описание : Трендовый  советник с возможностью мартингейла и построением сетки ордеров. В советнике используются три группы аналогичных сигналов для открытия, закрытия и дополнительных сделок. При наличии тренда(определяется МА) ловится отс
FREE
XCalper CandleTimer
Aecio de Feo Flora Neto
4.45 (20)
This auxiliary indicator displays time left before closing on the current timeframe with continuous update . It also shows the last trade price and variation from a previous day close in percentage and points. This indicator is pretty handy for daytraders and scalpers who want to precisely monitor closing and opening of candles. Indicator parameters Show in shifted end - Default: False. Display time and values on screen. If True, Displays only time to close aside last candle. Distance from the
FREE
ThreePointsChannelFree
Dimitr Trifonov
5 (2)
This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows
FREE
RSI Martingale MT5
Joseph Anthony Aya-ay Yutig
3 (1)
RSI Martingale is simply based on the RSI indicator. You can avail it for an affordable price right now because SET and OPTIMIZATION files are not yet available. The rules of the EA is when the indicator reaches the overbought condition, it will open a sell position and buy when the indicator reaches the oversold condition. When the trade is lost, the EA will trade the same position with a doubled lot size.
FREE
Color Donchian Channel
Paulo Henrique Da Silva
This indicator draws the Donchian Channel, filling the background with colors. The color of the middle line is changed following the current trend, based on the standard interpretation of the Donchian Channel. Input Parameters: Period of the Channel   (default is 20) Validate Signals   (boolean value to filter out false breakouts, default is false) Background Settings Show Background   (default is true) U ptrend Color (default is DodgerBlue ) Downtrend Color (default is Orchid) Background Tr
FREE
ROC Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with Rate of Change oscillator "ROC" breaks out its historical resistance levels then higher chances emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or
FREE
Grid Harvester MT5 Free
Grzegorz Korycki
4.14 (7)
WARNING: Product is out of support!  Free version of the grid strategy! Identical strategy to the full version, the only limitation is the number of positions. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being used by most successful social traders having 500+ paid subscribers. Combine your trading experience with this automatic strategy! It
FREE
Lot Size Line
Stefan Warratz
This little tool helps you to define your risk management with a simple line dragging on the chart. It shows you the actual lot size calculated on account % or fixed money amount directly at the line. All you have to do is activate the line by pressing the "t" key on your keyboard and drag the line to your stop loss point. Thats it. In the settings you can define the color and width of line and text, also space of text to line and the right and you can set the risk in percent of account or fixed
FREE
Double Smoothed Stochastic is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Double Smoothed Stochastic Calculation is :    DSS = EMA(r) (X - Lxn / Hxn - Lxn) x 100  MIT = EMA(r) (close - Ln / Hn - Ln) x 100 Ln = lowest low of n periods Hn = highest high of n periodsLxn = lowest low of the price se
FREE
FRB Candle HighLow
Fernando Baratieri
Candle High Low Indicator showing High and Low of X candles across a line. Settings Candle number for calculation (>= 1 ) - Define the number of candles for the indicator to find the maximum and minimum of that period of candles. Continuation of the line's display to the right - If you want the High and Low line to extend to the right edge of the graph Line High Color - Set line color Line High Style - Set line style Line Low Color - Set line color Line Low Style - Set line style
FREE
The NQ_H4_820422556_S_BB_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on NQ using the H4 timeframe from December 7, 2017, to June 2, 2023.   There is no need to set up parameters, all settings are already optimized and fine-tuned. Recommended broker  RoboForex  because of EET timezone. You can find the strategy source code for StrategyQuant at the link:   http://quantmonitor.net/listing/nasdaq-trend-catcher/ Key details are: MagicNumber: 820422556 Main Chart: Current
FREE
Trap Zone
Luigi Nunes Labigalini
4.5 (2)
This indicator serves as an alert for climax regions. How does it work? When the 20-period arithmetic moving average meets the 200-period arithmetic moving average, a conflict region forms with two major opposing forces fighting. This causes the price to show random peaks until a winner side is defined, which can be dangerous. Therefore, the indicator paints the region between the moving averages to alert you. How to use it? It can be used for specific volatility or support and resistance s
FREE
Strong Move
Triet Lam Minh
This indicator combines RSI(14) and ADX(14) to find out the signal that price moves strongly. When it appears signal (represent by the yellow dot), and price is going down, let consider to open a SELL order. Otherwise, let consider to open a BUY order. In this case, the strength of moving is strong (normally after sideway period), so  we can set TP by 3 times of SL  . 
FREE
A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails. The tail of the pin bar shows the area of price that was rejected, and
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
Stop Out Line MT5
Sergey Batudayev
4.67 (3)
Work logic Stop Out utility is a simple but very convenient indicator showing how many points are left to the Stop Out level / Its benefit lies in the fact that many traders deliberately overestimate the risk in trading in pursuit of profit, use the available margin at the maximum, and for this case it is very important to know where the broker can forcibly close your positions. Just place the indicator on the chart and depending on the open position in Buy or Sell, you will see the borde
FREE
FRB Agressao Saldo
Fernando Baratieri
FRB Aggression Balance - Indicator shows the Agression Balance of the TIMEFRAMES chosen by the user through a histogram in a new window. - This indicator can only be used if the broker provides data on Volumes. Forex market brokers do not report this data. - B3 (Bovespa - Brazil) informs the data and with that it is possible to use it in Brazilian brokerages. Settings Color - Define the color that will be shown in the histogram. Use Historical Data - Defines whether the indicator will calcu
FREE
VR Grid Mt5
Vladimir Pastushak
3.6 (10)
The VR Grid indicator is designed to create a graphical grid with user-defined settings. Unlike the standard grid , VR Grid is used to build circular levels . Depending on the user's choice, the step between the round levels can be arbitrary. In addition, unlike other indicators and utilities, VR Grid maintains the position of the grid even when the time period changes or the terminal is rebooted. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can
FREE
Adolla Burst FX
Michael Prescott Burney
Introducing Adolla Burst FX for EURUSD H1 chart Adolla Burst FX is a groundbreaking expert advisor designed for trading EURUSD H1 chart on the  Meta Trader 5 platform, featuring a sophisticated amalgamation of 50 rigorously validated strategies. Developed over an impressive span of 17 years since 2008, Adolla Burst FX stands out for its precision in market despite not using normal TP or SL methods. Its completely indicator based with an advanced reversal function for effective chart navigation.
FREE
All in 1 Propsense MT5
Mark Bernardinis
5 (3)
Apply to the 5 minute timeframe against the major USD forex pairs. AUDUSD EURUSD GBPUSD USDCAD USDCHF USDJPY Highlights the PropSense Book Levels Turn on/off for Sydney, Asia, London and New York Sessions Shows the Tokyo and London Fixes Turn on/off for Tokyo and London Configure how many historical fixes to show Shows the Sessions Turn on/off visible indication for sessions (supports 4 sessions) Visibly shows the sessions (out of the box configuration for Sydney, Tokyo, London and New York) Hig
FREE
VWAP and MVWAP
Flavio Javier Jarabeck
4.17 (6)
Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp )
FREE
MW Volume
Martin Bittencourt
4 (5)
The Martinware Volume indicator plots a colored moving average over volume bars. The coloring uses three colors and can be done in different ways choosable by the user and is applied both to the average as to the volume bars. Three types of coloring are possible: None: no coloring is done Increasing or decreasing: changes the color depending on the current value being bigger or lesser than the previous one Volume relative to average: colors vary if the current volume is bigger or lesser then
FREE
Hunt markets with Hunttern ZigZag . Easy to use with one parameter    You can use it for the following:       -Classic patterns       -Heads and shoulders       -Harmonic patterns       -Elliott Wave       -Support and resistance       -Supply and Demand Single parameter:      -Period (1-120) Features:        -Candle time        -Single parameter        -Light mode template This is version 1 of Hunttern ZigZag. We are very happy to receive feedback from you.
FREE
FNG Advisor
Tyler Henry Roberts
4.8 (5)
You must add the address ' http://ec.forexprostools.com/ ' in the list of allowed URL tab 'Tools/Options/Advisors' Check out our MFI Version: https://www.mql5.com/en/market/product/75573 Live Signal: https://www.mql5.com/en/signals/1286661   Please note that you will need to optimize and customize to your broker. With FNG Advisor you are able to make strategies that best fit you and your trading style. Features: Filter indicators: Envelopes, BEAR/Bull, Moving Average, Williams' Perc
FREE
Seconds Candle Period
Fernando Lahude Ritter
This is an extension indicator that allows the user to select any second time-frame from 1 to 60 second without any multiplier limitaion (ex, 7 seconds, 13 seconds ... are all allowed).  There is only one input called Interval that allows you to set the seconds timeframe you want given is in the range above. You can use indicators on that new time frame with no problems and also build your EAs based on any second timeframe. I hope this is useful, please let me know any bugs you find! Note: Sin
FREE
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
The "Dagangduit Spread Indicator" is a versatile tool designed to provide traders with essential information about the current spread in the chart window. This indicator offers customizable features, including font parameters, display location on the chart, spread normalization, and alerts to enhance your trading experience. Key Features: Real-time Spread Display : The indicator displays the current spread in real-time on your trading chart, allowing you to stay informed about the cost of execut
FREE
TG Ponto de Cobertura
Celestino Ferreira Gomes
TG Ponto de Cobertura (Coverage Trade) This Indicator checks your trading results on the day relative to the asset on the chart and adds a line at the price corresponding to the coverage point for the open position, considering the entry price and lot size. The coverage point will be recalculated after new entries, based on the average price of the open operation and the lot size. If the result for the day is zero, a line will be displayed at the price of the current trade. If the day's r
FREE
EasyGRID MT5
Nina Yermolenko
5 (2)
The utility places a grid of pending orders . You can select the number of orders in the grid, the step between orders, multiplier for the order size, SL and TP levels and the magic number. MT4 version of the utility is avaliable by the link -  https://www.mql5.com/en/market/product/73490 If you like this utility, take a look at my other products -  https://www.mql5.com/en/users/nina_yermolenko/seller
FREE
Pivot MT5
Dmitrij Isaenko
5 (1)
The indicator draws daily support and resistance lines on the chart, as well as the Pivot level (reversal level). Adapted to work in MT5 The standard timeframe for calculating support and resistance levels is D1. You can choose other timeframes according to your strategy (for example, for M1-M15, the optimal timeframe for calculations is H1) The function for calculating support and resistance levels has been updated; in this calculation option, fibonacci levels are taken into account, res
FREE
Momentum Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther higher prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough
FREE
Blitz Trade Scalper
Whitaker Lewis Joel Edward
Blitz Trade Scalper  - Precision Scalping Made Effortless Experience the next level of precision scalping with  Blitz Trade Scalper, is a robust MetaTrader 5 Expert Advisor designed for the 15-minute timeframe. Embrace the world of high-frequency trading with an EA that requires no adjustments – simply activate, and watch as it navigates the markets with surgical precision. IMPORTANT!!  Bot works best on the EURUSD and GBPUSD chart. For other pairs you can back test to test the performance in
FREE
This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. This FREE Version is restricted to EURUSD and GBPUSD. The full version without restrictions is here:  https://www.mql5.com/en/market/product/42758 Par
FREE
Real Quants Forex Volatility Catcher for MT5 Introduction Real Quants Forex Volatility Catcher is a cutting-edge automated trading system designed specifically for MetaTrader 5. Developed through advanced machine learning and exhaustive data mining techniques, this system offers traders a robust strategy for navigating the complex terrains of the forex markets. With a commitment to rigorous testing that includes Monte Carlo simulations, walk-forward matrix optimization, and live execution valida
FREE
BB Trader MT5
AbelPM Enterprises Pty Ltd
5 (1)
BB Trader is based on the Bollinger Band indicator based on a sell above upper band and buy below the lower band strategy. The EA allows use of multiple grid trades with ATR adjusted spacing. Coded into the EA is a proprietary auto lot sizing algorithm used for placing grid trades. Closing of trades is set in points and an option is included to utilise the opposite Bollinger Band condition.
FREE
General Clock
Fernando Lahude Ritter
5 (1)
A Simple clock that on the left side "Time" shows r espectively the TimeCurrent, followed beneath by the TimeLocal. On the right hand side we have the remaining minutes and seconds of the current candle. TimeLocal is synced every 500 miliseconds however, the TimeCurrent and the time left on the candle are synced every tick, so this can lead to inconsistencies on the readings so keep that in mind. This indicator have no plots or buffers so it cannot be used in any time based EA.
FREE
BreakdownX
Ivan Krutskikh
5 (1)
BreakdownX — это передовой торговый робот для MT5. Он использует стратегию определения уровней поддержки и сопротивления, чтобы выявлять оптимальные точки входа и выхода на рынке. Особенности: Автоматизированная Стратегия Определения Уровней : Наш советник анализирует рынок, используя [заданное число] последних свечей, чтобы точно определить уровни поддержки и сопротивления. Динамический Расчет Размера Позиции : Встроенный механизм оптимизации размера лота на основе текущего баланса и уровня рис
FREE
The selective pin bar is designed to identify reversals. To use the selective pin bar effectively, traders typically look for Strong Rejection: The tail of the pin bar should extend significantly beyond the surrounding price action. It indicates that there was a sharp rejection of higher or lower prices during the trading period. A strong rejection suggests that the market sentiment may be changing.
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
PZ Order History MT5
PZ TRADING SLU
1 (1)
General purpose indicator that displays the trade/order history of any live chart, very much alike the visual mode of the strategy tester. It allows you to examine the real trading history of any particular symbol for educative, improvement, reverse-engineering or diagnostic purposes. It can be used successfully with both the master and investor password. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Some key features are: Directional analysis Profit and lo
FREE
Landbreaker FX
Michael Prescott Burney
Land Breaker FX Trading System Overview: Welcome to the Land Breaker FX Trading System, a groundbreaking solution for aggressive traders. Since its inception in 2008, this system has been optimized and fine-tuned to deliver exceptional performance on the EUR/USD pair using the H1 chart. The Land Breaker FX boasts over 35,000 trades and brings potential high returns with minimal drawdown. Key Features: 100 Optimized Strategies: Each strategy has been meticulously optimized since 2008, ensuring ro
FREE
This tool will remove buttons and text labels from the chart, after you remove Trading box Order management or Trading box Technical analysis . You just need to drag this tool to your chart and after cleanup of objects is finished, the tool will remove itself from the chart. Please check images below that present Before and After using the Removal tool. There is also a short YouTube video at the bottom to show how easy it is to clean your chart after using Trading box tools. - input var
FREE

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