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Free Expert Advisors and Indicators for MetaTrader 5 - 18

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.
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
Usdcad Smart
Mehdi Ghanadan
TickAll - Automated Trading Robot Introduction:   TickAll     is an automated trading robot designed to assist both novice traders and professional traders in the Forex market. Utilizing advanced algorithms and up-to-date market analysis,   TickAll         helps you make the best trading decisions. Market Analysis:   TickAll continuously monitors the market, analyzing various indicators, price movements, and patterns to identify potential trading opportunities. Trend Identification:   Using so
FREE
Super Trend Filter
Muhammed Emin Ugur
Introducing the "Super Trend Filter Oscillator," your ultimate trading companion designed to enhance your technical analysis and help you make informed decisions in the financial markets. This innovative oscillator is crafted to provide valuable insights into market trends and price movements, assisting traders like you in identifying potential entry and exit points. Features: Trend Identification: The Super Trend Filter Oscillator excels in detecting prevailing market trends, whether they are b
FREE
Waves Sizer
Flavio Javier Jarabeck
3 (4)
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
A 'Seconds Period' chart, offering enhanced precision for charting and analysis. Especially beneficial during volatile market conditions and intraday trading. This indicator addresses the limitations of MT5's predefined timeframes, allowing for finer granularity down to second intervals. Since only one EA can run per chart, being an Indicator allows for the additional advantage of running an EA alongside the Seconds Timeframe Candles Indicator on the same chart. Compatible with any intraday t
FREE
Ind2tompson
Vasilii Luchnikov
The 2indtompson indicator is an indicator for comparing two instruments for determining volumes, for balancing in pair trading or arbitrage trading, prepared from an analog version for the MT4 terminal. So if you need to compare how much two instruments will weigh and you don't know how to do it, then put an indicator on the chart and it will automatically calculate the volumes needed for balancing. Additionally, the indicator shows the state of the instruments relative to each other - Divergenc
FREE
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
Close by percentage MT5
Konstantin Kulikov
4.86 (7)
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets"   https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open   one   additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following fu
FREE
SignalDeMarker
Andrey Spiridonov
4.67 (3)
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
Tiger 1 MT5
Hicham Mahmoud Almoustafa
"Tiger 1 ( non stop trend following )  is a highly skilled specialist designed to navigate the unpredictable realm of technical analysis within the gold market. Signal  https://www.mql5.com/en/users/playerhm3/seller Functioning with remarkable precision, Tiger 1 adeptly manages market fluctuations by seamlessly executing both buy and sell trades in response to shifts in trends. In instances where the expert's performance might falter, a fail-safe mechanism is employed, wherein an additional
FREE
Gold Buyer Seller
Karthik Gopalakirshnan
XAUUSD H1 OR H4 low risk with high profit Backtest with 100% data 1000$ required If you have any question. After Purchase message me The "Highest-Lowest Trend" indicator   helps traders identify trends based on the highest and lowest values within a specified period . It provides visual cues to understand potential trend changes, making it a valuable tool for technical analysis. https://www.mql5.com/en/code/2030
FREE
Wave Vision 5
Andrey Sorokin
4.8 (5)
The technical indicator Wave Vision measures the relative strength of the trend movements of the price from its average values over a certain time period. The histogram shows price movement strenght relative to the zero level line. Histogram values close to zero indicate the equality of forces between buyers and sellers. Above the zero level line - bullish trend (positive values of the bar chart). Below the zero level line - bearish trend (negative values of the bar chart).     Settings: Smoo
FREE
Что такое Stochastic?  Осциллятор стохастик (Stochastic) – это индикатор импульса, который сравнивает конкретную цену закрытия инструмента с его диапазоном максимумов и минимумов за определенное количество периодов.    Основная идея индикатора заключается в том, что импульс предшествует цене, поэтому стохастический осциллятор может давать сигналы о фактическом движении цены непосредственно перед тем, как оно произойдет.   Stochastic является осциллятором с привязкой к диапазону от 0 до 100 (по
FREE
Au79
Michael Terrel Redmond
Au79 is a powerful trading robot designed to help you profit from the XAUUSD market on the H4 timeframe. Using a sophisticated algorithm and advanced indicators, Au79 is optimized to deliver consistent and reliable results over time. Our backtesting and optimization process has been rigorous, testing the EA from January 1, 2019, to March 30, 2023, using real ticks with a history quality of 99%. This ensures that the EA performs well in a range of market conditions, and that its results are accur
FREE
Combination MT5
Jamal El Alama
4 (1)
Description : Combination MT5 is a professional indicator based on the Stochastic Oscillator and Average True Range (ATR) technical indicators, thus, you can use it with any currency pair and any timeframe.Trade signals from Combination MT5 are drawn on the main chart in the form of arrows. When a blue arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell. You can set the alerts on/off. The Stochastic Oscillator and Average True Range (ATR) technic
FREE
Candle Patterns Scanner
Usiola Oluwadamilol Olagundoye
Works on live charts and strategy tester. Scans the charts for the following candlestick patterns SINGLE Hammer formation PB Doji BB Doji Black Crow : Displacement/Momentum DOUBLE Engulfing: This formation completely engulfs the high/low of the previous candlestick. Ws Hidden :This reversal formation would appear as a double top/bottom on the lower timeframe. Ws Regular TRIPLE Morning/Evening Star
FREE
Ingenious Me
Bin Jumahat Johan
This EA uses the MACD Crossover Strategy. Entries opened when the signal and MACD line cross each other. The Buy position entered only when the cross is below the zero line while the Sell position entered above the zero line. The Moving Average Convergence/Divergence (MACD) is an oscillator that combines two exponential moving averages (EMA)—the 26-period and the 12-period—to indicate the momentum of a bullish or bearish trend. MACD can be used to signal opportunities to enter and exit positions
FREE
NS Financas 4 EMA Moving Average Strategy EA
Luiz Guilherme Neves Da Silva
3 (3)
Exponential Moving Average indicators are widely used by Forex traders all around. This EA uses a simple Scalping Strategy using 4 exponential moving averages and have lots of config parameters. EMA1: 9 | EMA2: 13 | EMA3: 21 | EMA4: 200 Basically the EA Strategy place an order when it detects that the last candle touched the 3ª EMA line and the last 5 candles do not touch it. In order to know more about the strategy, we presented it in our youtube channel: Video with EA Strategy Details:
FREE
BreakdownX
Ivan Krutskikh
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 index makes it easy for traders to know the opening and closing times of global markets : - Sidney - Tokyo - London - New York Where it misleads each time zone and enables us to know the times of overlapping the markets when the liquidity is high. To get more indicators and signals, follow us on the Telegram channel link https://t.me/tuq98 Or our YouTube channel, which has explanations in Arabic and a technical analysis course https://www.youtube.com/@SSFX1
FREE
Tick Chart Monitor with countdown tick volume and easy to change tick size without going back to main chart. This work with Tick Chart Generator , which are available for download from the MQL5 Market: Tick chart generator:   https://www.mql5.com/en/market/product/79763 NOTE: Custom symbols on MT5 are not directly tradable. This is by Metatrader5 design. If you want to place trades directly on the custom symbol generated by this product, you will either need a trade panel that offers this functi
FREE
Dragon Lite
Dang Cong Duong
4.5 (4)
At first, I got my teeth into  Dragon Ultra   Expert Advisor.  Take your time to test demo. You should be always perfectly familiar with your   Expert Advisor   before a live trading. Based on the statistics, you are more likely to succeed if you learn from experience to use this. Dragon Lite   is a free version for you to understand how the bot works. Parameter Trading Mode: Change to  UNLIMITED.  You should use the  Dragon Training  proficiently before using the   Dragon Ultra . The Forex T
FREE
No Wick On Close
Flavio Javier Jarabeck
We at Minions Labs love to study, challenge and discover new facts about Price Behavior in current markets. We would NOT call it Price Action because today this is a word totally overused and means, thanks to the False Prophets out there, absolutely NOTHING. The study hypothesis we propose is this: Some Assets, in certain Timeframes, present a behavior of Price continuity when the candlesticks close without a Wick on them... So the purpose of this indicator is to "color" those candlesticks wh
FREE
Introducing TRAD-E- LITE : Your Ultimate Trading Assistant! Are you tired of manually analysing the markets and executing trades? TRAD-E- LITE is here to assist you! Developed by Gold Lion XI, this expert adviser utilizes advanced algorithms to identify profitable trading opportunities and execute trades automatically, saving you time and effort. Key Features: Trading Time Management: Take control of your trading schedule. With TRAD-E- LITE , you can define specific trading hours based on your p
FREE
The indicator displays divergence for any custom indicator. You only need to specify the indicator name; DeMarker is used by default. Additionally, you can opt for smoothing of values of the selected indicator and set levels whose crossing will trigger an alert. The custom indicator must be compiled (a file with ex5 extension) and located under MQL5/Indicators of the client terminal or in one of the subdirectories. It uses zero bar of the selected indicator with default parameters. Input param
FREE
Session Expected Risk Date Range Analyzer:  Analyzes price data across specified date ranges to provide detailed insights into financial risk and volatility, using each bar's price metrics for accurate risk assessment. The Session Expected Risk Date Range Analyzer is a sophisticated tool designed to offer traders and analysts detailed insights into the expected financial risk across specific date ranges. Unlike traditional session-based analysis, this indicator focuses on calculating risk met
FREE
ZoomIN MT5
Maxim Polishchuk
The ZoomIN MT5 indicator is designed for quickly viewing the selected bar on the smaller timeframes in a pop-up window. Once launched, the indicator works in the background, does not take up space on the chart and does not consume system resources. When the indicator is activated by the Shift + i combination (can be changed in the settings), a pop-up window with a chart of a smaller timeframe is created. The displayed timeframe can be changed by a left-click on the magnifying glass icon. To hide
FREE
FORTS Trading Data
Evgeny Shevtsov
5 (1)
The indicator has been designed for use on FORTS, but it can also work on other markets, at brokers broadcasting the required data. A peculiarity of these data is that they cannot be requested from the broker's server as a section of history, but can only be obtained for the current moment. The indicator periodically requests the broker, collects to a file and displays the following history from the stored file: The weighted average price. The volume of buy pending orders. The volume of sell pen
FREE
Max Poseidon
Aaron Pattni
3.75 (4)
Get it FREE while you can! Will be increased to $200 very shortly after a few downloads!! Join my Discord and Telegram Channel - Max's Strategy For any assistance and help please send me a message here.    https://t.me/Maxs_Strategy https://discord.gg/yysxRUJT&nbsp ; GBPUSD and EURUSD Set files can be found in the comments! (please message me if you need help with them) TimeFrames are harcoded, therefore any chart and time will work the same. The Max Poseidon Strategy is a part of a cross
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
A professional fully customizable pull back strategy expert advisor with optional Martingale features. Opens and closes orders above and below moving average based on your settings. Successfully tested on all major Forex pairs, Commodities, Volatility Indexes, Synthetic Indexes. This Expert Advisor can work with pretty much any index available on MT5 platform. Works good on any time frame, but I'd suggest to run it on H1. I've tried to keep Expert Advisor settings as simple as possible to mi
FREE
MACDmaxmin free demo
Carlos Andrés Moya Erazo
5 (2)
The indicator shows when there are overpricing and divergences over a normalized MACD Plus, it displays signals with configurable alerts, self-regulating dynamic overprice levels, and a simple setup and interface. This indicator automatically calculates markup ranges. MACDmaxmin is an indicator based on the MACD oscillator that effectively identifies trend changes in price, as it is a momentum indicator that captures the trend and shows the relationship between two moving averages of the price.
FREE
ForExp1
Mikhail Sergeev
5 (1)
Удобный трендовый индикатор. Не меняет своих значений. Имеет огромные возможности для настройки. Не требователен к ресурсам компьютера. Создавался для работы в системе BearsHunter. Эксперт МТ5 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30381 Эксперт МТ4 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30383 Параметры: m1_MA_Mode_1 - метод усреднения(0-9). m1_MA_Mode_2 - метод усреднения(0-9). m1_MA_Mode_3 - метод усреднения(0-9). m1
FREE
Color SAR
Paulo Henrique Da Silva
5 (1)
This indicator draws the Parabolic SAR. Top and bottom lines with customizable colors. With an additional parameter called “Validate Signals”, which identifies false breakouts and changes the color of the line to gray. Input Parameters: Step ( default is 0.02 ) Maximum   ( default is 0.2 ) Applied Price High  ( default is High price) Applied Price Low  (default is Low price) Validate Signals   (boolean value to filter out false breakouts, default is true)
FREE
BOLETA TRADING PROFISSIONAL. Painel de negociação usado para facilitar operações manuais no MT5. -Botão para fechamento automático de ordens e posições. -Negociação facilitada usando teclado e mouse. -Sistema de ordens OCO (TP & SL pré configurados) -Normalização de volume para qualquer ativo. -Controle de limite horários para negociação. -Sistema de meta e limite de loss. -Martingale configurável. -Trailing Stop. -BreakEven. -Numero mágico (Expert Magic) para não entrar em conflito com outros r
FREE
QuantumAlert Stoch 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 p
FREE
FollowMe
Francesco Di Michele
5 (1)
This Ea works on the USD CAD currency pair with M15 chart. It is not a martingale or even a grid. It works with TP and SL. It uses RSI and Bollinger Band to open Long and Short positions. It must be tested and the correct parameter settings found before using it. Beware that past gains do not guarantee future gains. This is not inducement to invest, beware that with forex tradign you can also lose all your capital. Money management is very important.
FREE
Activity Power
Zoltan Nemet
5 (4)
Multi time frame, multy currency special swing volume indicator with engulfing waves too. Simpler to use compare to Weis Wave. User don't need to adjust wave size. Just use of the basic or the upper time frames. As a multi time frame indikator user can do  very complex time frame analysyses. As well as a multy currency indicator one can make market sector-segment analysyses. Use with Wckoff principles.
FREE
StochEAstic
Sergio Tiscar Ortega
Introducing StochEAstic: an advanced Expert Advisor utilizing the stochastic indicator to provide precise market entry and exit signals. Engineered with sophisticated algorithms, this EA empowers traders to effectively control risk and maximize profit potential. With StochEAstic, traders can customize their trading strategies according to their individual preferences. From adjusting stochastic indicator parameters to setting specific risk levels, this EA offers flexibility and complete control o
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
Candle Zones
Flavio Javier Jarabeck
You probably heard about Candlesticks behaviors, which in most of the times could denote and trace Volume behaviors even if you are not watching Volume itself... Well, this indicator will do this. Naked traders love to rely solely on candlesticks patterns and with Candle Zones you can trap special patterns and DRAW THEM on your chart. As simple as that. There are several filters you can tweak in order to achieve the analysis you want. Just give it a try. After several months of testing, we think
FREE
The 3 Bar Break
Stephen Reynolds
Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars. It should be used mainly on the daily chart to help spot potential moves in the coming days. Features : A simple met
FREE
Bar Sequential
Maximiliano Frisione Figueroa
This indicator can help you clearly identify trend changes in both bullish and bearish markets. The indicator compares the closing price of the last candle with the closing price of the candle "X" periods ago (input parameter). In an uptrend, an initial number '1' is plotted if a candle closes higher than the closing of a candle "X" periods ago. In a downtrend, an initial number '1' is plotted if a candle closes below the closing of a candle "X" periods ago. Subsequent numbers are plotted when e
FREE
Centipede MT5
Dmitriy Prigodich
4.83 (6)
The Expert Advisor is based on the signals of the Stochastic indicator in the overbought zone-we sell, in the oversold zone-we buy. Version for MT4  https://www.mql5.com/ru/market/product/62952 Monitoring the work of the adviser MT4  https://www.mql5.com/ru/signals/1178019 MT5   https://www.mql5.com/ru/signals/1178043 If the Expert Advisor is used in 5/24 mode on a VPS, I recommend using this Expert Advisor in a conservative mode, limiting the number of orders in the grid using the " Count_Order
FREE
The indicator measures the frequency of incoming ticks to analyze the market activity. Bullish and bearish ticks are analyzed separately, informing about the currently predominant market sentiment. According to observations, an increase in the frequency of ticks (panic) indicates the beginning of strong price changes, and an increase in the frequency of ticks in a particular direction not only accompanies a price change in this direction, but also often anticipates it. The indicator is indispens
FREE
Tops and Bottoms Indicator
Josue De Matos Silva
4.6 (5)
Tops & Bottoms Indicator FREE   Tops abd Bottoms:   An effective indicator for your trades The tops and bottoms indicator helps you to find  ascending and descending channel formations with indications of ascending and/or descending tops and bottoms. In addition, it  show possibles  opportunities with a small yellow circle when the indicator encounters an impulse formation. This indicator provide to you  more security and speed in making entry decisions. Also test our FREE advisor indicator:
FREE
This is the script needed to use   The News Filter . This script selects any chart that you want to filter and sends the inputs to   The News Filter   program. Every input is specific to that chart, so you have the flexibility of setting different inputs for every chart. Links to   The News Filter   (free demo) can be found below: The News Filter Guide + Download Links News selection News source is  Forex Factory's economic calendar . Selection can be based on   any number of currencies . Se
FREE
Ge Double Ema Macd
Garikoitz Errasti Randez
3 (3)
This EA is a robot based on two EMAs and an standard MACD. No martingale or grid strategies. All positions have their own stop-losses. Trading strategy: This robot uses fast and slow EMAs to check the trend of the currency, once the trend is known, the standard MACD will trigger the correct order. Placing the best take profit and stop loss depending on the strengh of the trend. The Expert Advisor is designed for best performance in EURUSD currency pair at a 15m timeframe. Both slow EMA and fast
FREE
Supertrend oma histo
Matthias Schneider
5 (3)
The Supertrend indicator is a very versatile and and accurate trend detection system. It can also be used an an reversal indicator. Therefor you can use it either as entry or as an exit signal. Depending on your settings it is also good for trend confirmation. This version is slightly enhanced from the original version from mladen. The Supertrend of Averages Histogram Version contains: 11 different price options Averaging period 18 different averaging types ATR period and ATR multiplier Shows r
FREE
The Rayol Code Hour Interval Lines indicator was  designed to assist your trading experience.  It  draws the range of hours chosen by the user directly on the chart, so that it enables traders to visualize price movements during their preferred trading hours, providing  traders a more comprehensive view of price movements and market dynamics. This indicator allows the user to choose not only the Broker's time, but also the Local time. This way, the user no longer needs to calculate local time in
FREE
MultiPair
ООО 'Уралтранзит'
4.67 (3)
Треугольным арбитражем называют одновременно открытие ордеров по трем валютным парам. Направление сделок и пары выбираются таким образом, чтобы одновременно открытые позиции страховали друг друга. За счет этого можно открываться достаточно большими лотами, и риск невелик. Варианты треугольников: EURUSD – USDJPY – EURJPY Ордера, входящие в состав такого треугольника находятся в постоянном движении. Советник анализирует реальные цены на данный момент и просчитывает какими они должны быть. При ра
FREE
GridShowAverageMT5
Andrei Novichkov
3 (1)
For any number of placed market and pending orders, the utility calculates the "breakeven level" - weighted average price. The calculation is performed individually for buy and sell orders. The weighted average price is marked with a label and colored horizontal line separately as well - one line for the buy price, and the other for sell price. Input Parameters: Include pending. Include the pending orders in calculation. The default value of this parameter is false, and the calculation of the
FREE
TR Agression Balance
Fernando Lahude Ritter
5 (1)
Shows the agression balance (buy agression deals - sell agression deals) in a histogram. The agression is calculated on every tick of a given candle  and is the sum of volume of all the market buys minus all of the market sell trades. If the ticker does not have real volume, tick volume is used insted; Very useful to determine if a given candle is dominated by bulls or bears  It is necessary for the data provider to have a list of trades (times & sales) as well as the agressor (buy/sell) d
FREE
SmartFractal
Anton Stupenkov
The fractal indicator shows the latest support and resistance levels. If the price breaks through the level and is fixed, the indicator draws a rhombus of yellow or crimson color signaling a possible continuation of the movement towards the breakdown. Indicator Settings: - BarCount: sets the minimum number of bars required to build a fractal. It is better to use the indicator in conjunction with other indicators.
FREE
Realtime Candle Trend
Flavio Javier Jarabeck
Seeing and interpreting a sequence of Candlesticks is easy to spot when you are a human... Higher Highs, Higher Lows, are the panorama of a Buying trend, at least in a short period of time... Seeing a current candlestick higher high and a lower candlestick low, as a human, you can immediately spot a "divergence", an "alert", a "starting range", but in the end and based on other analysis a human trader can understand and behave accordingly to this kind of candlestick data... But what about EAs (r
FREE
ThreePointsChannelFree
Dimitr Trifonov
5 (1)
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
Monte Carlo simulation is an Indicator that uses a Monte Carlo model to calculate the probability of the price going up or down. If the price has a probability of going up or down more than 90%, the system will enter a trade by doing a back test of gold assets. It was found that it was able to generate a return of more than 20% in a period of 5 months while having a MAX DD of less than 7%. What is a Monte Carlo simulation? A Monte Carlo simulation is a model used to predict the probability o
FREE
YK Smart EMA
Peechanat Chatsermsak
The YK-SMART-EMA is an indicator that displays multiple Exponential Moving Average (EMA) lines on a price chart to help analyze price trends. This indicator features five EMA lines: EMA14 (red line): Calculated based on the closing prices of the last 14 candles. EMA30 (blue line): Calculated based on the closing prices of the last 30 candles. EMA50 (green line): Calculated based on the closing prices of the last 50 candles. EMA100 (orange line): Calculated based on the closing prices of the last
FREE
The indicator shows the current timeframe and symbol name. It is also possible to turn on the indication of time until the end of the current bar. In the settings, you can specify: - the location of the indicator in relation to the terminal window,  top left, top right, bottom left and bottom right - a row of text display arrangements so that the inscriptions do not overlap each other - color - font - font size.
FREE
Santa Bollinger
Marco Aurelio Cestari
5 (2)
Santa Bollinger Indicator  is an efficient way to detect price retracement in any market. A common approach is to identify overbought or oversold market conditions. When the price of the asset breaks below the lower band of the Bollinger Bands, prices have perhaps fallen too much and are due to bounce. On the other hand, when price breaks above the upper band, the market is perhaps overbought and due for a   pullback . Advantages Generates instant buy and sell signals. Never repaints, never back
FREE
Swap and Spread
Makarii Gubaydullin
Displays the current market information with a per-second update. Spread size; Swap size: for short and long positions; Local time (optionally); My  #1 Utility : includes 65+ functions  |   Contact me  if you have any questions In the settings of the indicator, you can configure: Font size; Text color; Select the positioning: left / right corner of the chart; Local time: on/off; The program file must be placed to the " Indicators " directory.
FREE
The GU_H1_120114111_S_Pi_CF_0712_SQ3 is an algorithmic trading strategy for MetaTrader, tested on GBPUSD using the H1 timeframe from April 1, 2004, to April 24, 2024.  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/gbpusd-pivots-trend-master/ Key details are: Parameters Main Chart: Curren
FREE
EA Smile 2 MT5
Luis Enrique Ricales
The EA trades on two indicators iMA (Moving Average, MA) and one iRSI (Relative Strength Index, RSI). Decision on trade signals is only made when a new bar appears, while positions are trailed and closed (in case of profit) at every tick. An unconventional solution was applied: The   Slow   indicator averaging period is calculated as the   Fast   averaging period multiplied by two, while the   RSI   averaging period is always equal to the   Fast   averaging period. This reduces the number of par
FREE
Gold4L Clover
Omer Ijaz
5 (1)
Special Offer: Gold4L Clover Pro EA coming up!!!  and will be free for the first 10 purchasers (Gold4L Clover Pro will have dynamic trading options including percentage risk and much more) Gold4L Clover EA Overview: Gold4L Clover EA is a powerful automated trading system designed specifically for trading the GOLDUSD pair. This Expert Advisor operates on a daily timeframe, implementing a robust strategy that places multiple pending orders daily based on historical price levels. With a focu
FREE
Macro trend follower
Dalbert Viana Gregorio
The Indicator assists in decision making along with the user's market reading. By drawing the trend, this indicator becomes very useful on days of high volatility in the market, that is, it offers strategic insights on days of economic data, news or pronouncements. On flat market days it becomes usual to identify possible market reversals. Follow Youtube to understand the most suitable scenarios for its use.
FREE
Velas MTF
Juan Manuel Rojas Perez
5 (2)
Velas Multi Time Frame Las velas multi time frame, también conocidas como "MTF candles" en inglés, son un indicador técnico que permite visualizar velas japonesas de un marco temporal diferente al marco temporal principal en el que estás operando. Este enfoque ofrece una perspectiva más amplia del comportamiento del precio, lo que resulta especialmente útil para los traders que emplean estrategias de acción del precio. A continuación, se detallan los conceptos clave relacionados con este indi
FREE
MW Volume
Martin Bittencourt
3.75 (4)
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
Sync Cursor MT5
Tuan Nguyen Van
5 (1)
Sync Cursor MT5 | MT4 Sync Cursor MT4 https://www.mql5.com/en/market/product/118067 MT5 Tool will It make the Horizontal Line + Vertical Line in the Screen That it is always present on the screen and that it moves along with the candle (with the price). I am sure that something so simple will be a Treasure in the hands of many people. Some of my personal trades are posted voluntary and free of charge in this Public channel https://t.me/FXScalpingPro Contact: https://t.me/TuanNguyenTrader
FREE
MT4 Version -  ( Click here ) Lamar Gray: Forex Swing Trading Robot Lamar Gray   - your reliable partner in the world of forex trading. This trading robot specializes in swing trading strategy on currency pairs, offering a dependable and efficient solution for your portfolio. Features: Swing Trading Strategy:   Lamar Gray is based on a swing trading strategy, allowing it to make confident decisions based on long-term market trends and patterns. Emergency Mode:   In case of unforeseen circumstan
FREE
Swiss VWAPsimple
Terence Gronowski
5 (1)
Swiss VWAPsimple Motivation Did not find free VWAP that works, the one that I found craseh. So I created a VWAP which calculates values only for the actual day. So computer resouces are not over stressed. What is VWAP, how is it used?  VWAP stands for Volume Weighed Average Price, it calculates the running sum of tick volume and the runnung sum of price times tickvolume. The division of these sums result in a weighed price (Sum P*V/Sum V). The calculation starts normally at midnight. The value
FREE

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