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Free Expert Advisors and Indicators for MetaTrader 5 - 3

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.
MACD divergence indicator finds divergences between price chart and MACD indicator and informs you with alerts (popup, mobile notification or email) . Its main use is to find trend reversals in the chart. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. Three confirmation type for MACD divergences: MACD line cross zero level Price returns to previous H/L Crea
FREE
Levels on Fractals with Bands Filter is levels based on fractals filtered with Bollinger Bands indicator.  The Levels on Fractals with Bollinger Bands Filter is a technical analysis tool that uses a combination of fractals and the Bollinger Bands indicator to identify support and resistance levels. How to use it. When a fractal forms behind the outer Bollinger band (volatility breakout) it indicates that price has reached an extreme level and may change direction. These levels can be us
FREE
Welcome to the Advanced Gartley Pattern recognition indicator  This indicator detects gartley pattern based on HH and LL of the price structure and Fibonacci Levels , and when certain fib levels are met the indicator will show the pattern on the chart.  MT4 Version :  WH Advanced Gartley Pattern MT4 **This Indicator is a part of combo Ultimate Harmonic Patterns MT5 , which include all the pattern recognition.**  Features : Advanced Algorithm for detecting the Gartley pattern with high Accuracy
FREE
Top Trend Basic
Xian Qin Ceng
5 (1)
Recommended for use in GBPCAD. Top Trend Basic MT5 version is dedicated to more accurate opening of positions, so the number of trading orders is small. If you have downloaded the Top Trend Basic version, you can contact me through MQL5 to get the MT4 1.0 version, which has twice the number of trading orders as the MT5 version. If the volatility between 20:00 and 4:00 is not high enough in the GMT2/3 time zone, the EA may need to wait for several working days before opening an order. This is no
FREE
Lot by Risk MT5
Sergey Vasilev
5 (6)
The Lot by Risk trading panel is designed for manual trading. This is an alternative means for sending orders. The first feature of the panel is convenient placing of orders using control lines. The second feature is the calculation of the order volume for a given risk in the presence of a stop loss line.   Control lines are set using hot keys: take profit – T key by default; price – P key by default; stop loss – S key by default; You can configure the keys in the settings of the trading panel.
FREE
VWAP Indicator
LUC JACOBUS A VERHEECKE
4.13 (23)
Volume Weighted Average Price (VWAP) The volume weighted average price (VWAP) is a  trading   benchmark  used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This indicator VWAP V2 is free and is the manual version of the extended Easy VWAP indicator (30 Euro), where the date and time properties are automatically entered. With
FREE
Quantum5
Tian Yu Li
4.07 (15)
Quantum is a High Frequency EA with relatively lower risk. It trades tens of trades per day but generally the max drawdown is below 15%.  MT5 Version ======== Usage======== : Symbol: Any Main pairs Timeframe: M15 or higher Recommend Lots: 0.01 per 2000 USD Note: Grid strategy is alwasy with some risk due to the increasely accumulated risky lots. but the high profit makes such strategy still being popular no matter how forex industry developed.   this is why we spent many years on rese
FREE
With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. How does it work? Simply fill out the Start Price, TP (Take Profit), SL (Stop Loss), and Volume parameters, and click on the "Open Trade" button to immediately place the order/trade. The "Long" button allows you to select whether you want to Buy
FREE
Trend Signals Pro
Pavel Golovko
4.75 (4)
Simplify your trading experience with Trend Signals Professional indicator. Easy trend recognition. Precise market enter and exit signals. Bollinger Bands trend confirmation support. ATR-based trend confirmation support. (By default this option is OFF to keep interface clean. You can turn it ON in indicator settings.) Easy to spot flat market conditions with  ATR-based trend confirmation  lines. Highly customizable settings. Fast and responsive. Note: Do not confuse ATR-based trend confirmation
FREE
Lib5 EAPadPRO for MT5
Vladislav Andruschenko
4.4 (5)
Library to add the Information Panel to your Expert Advisor for MetaTrader 5. We can not guarantee that the information and interface of the program will give you a profit on deals, but we will definitely say that even the simplest interface of the program can strengthen the first impression. Detailed description and instructions for adding our panel to your Expert Advisor are in our blog: LIB - EAPADPRO Step-by-step instruction Detailed description of our panel and instructions for using EAPADP
FREE
HMA Color with Alerts MT5
Pavel Zamoshnikov
4.72 (47)
Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay. The current MetaTrader 5 version changes its color when the movement direction changes. Sound and text signals are available. It also supports sending email and push messages. It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate. One of the p
FREE
An ICT fair value gap is a trading concept that identifies market imbalances based on a three-candle sequence. The middle candle has a large body while the adjacent candles have upper and lower wicks that do not overlap with the middle candle. This formation suggests that there is an imbalance where buying and selling powers are not equal. Settings Minimum size of FVG (pips) -> FVGs less than the indicated pips will be not be drawn Show touched FVGs Normal FVG color -> color of FVG that hasn't
FREE
Trade Shell MT5
Denis Sotnikov
4.92 (12)
Easy and Smart Trade Manager. Take your trading to the next level with it. This assistant has everything you need to do that. MT4 version Basic features: Works with any FX, Crypto, Indices, Futures etc Several volume calculations methods, included risk calculation based on StopLoss level Several BreakEven modes Time close, timeout close and orders expiration Cancel pending orders level (OCO) Real and virtual StopLoss and TakeProfit One Click open and close trades Screenshots of your trades Cus
FREE
Candel Clock Spread MT5
Mr Sakkarin Panya
2.17 (6)
Show the time of candlesticks and spread. All data will be displayed in a rod. Can change color Can fix the size as needed MT4 : Link https://www.mql5.com/en/market/product/102742 MT5 : Link https://www.mql5.com/en/market/product/102834 Most free code on various websites I didn't write it myself. I only do a little bit. If you like it, please give 5 stars with it. Thank you.
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Introducing Blitz Gold Trader Pro : the cutting-edge solution for executing gold trades with unmatched speed and precision. Crafted by a team of seasoned traders and developers, this advanced trading robot utilizes a powerful algorithm that incorporates price action analysis, trend tracking, and can be customised with multiple indicators. It is designed to optimize trades on a fast M1 timeframe, seizing profitable opportunities while minimizing risk. The Pro Version is with a different set of
FREE
Exp5 Tester PAD for Strategy Tester
Vladislav Andruschenko
4.45 (22)
The utility allows you to manually test your strategies in the strategy tester. One-click trading on the visualization chart. Convenient and complete functionality for testing trading skills is now available in the strategy tester as well. Forex Tester Pad is a trading simulator for strategy tester. Trading using indicators. The main functions of our utility        MT4 version Full Description +DEMO +PDF   How To Buy    How To Install       How to get Log Files     How To Test and Optimize
FREE
Market Sessions Time
Juan Facundo Valdes
4.69 (16)
Displays the current major markets session and the remaining time to start the next ones. Markets New York London Frankfurt Tokio Sidney 1 more session with custom name, open and close time Clock time GMT / UTC Local (from computer) Broker (server time) Default time on settings is GMT. After changing to Local or Broker time, is needed to adjust each session open and close hour manually based on the time type choosed. Each market open and close hour can be ajusted Graphics settings Each S
FREE
Usiola SMC 2
Usiola Oluwadamilol Olagundoye
USIOLA SMC 2  is a specialized tool designed to enhance trading strategies by pinpointing high-probability trading opportunities on price charts. This indicator provides traders with a robust filtering mechanism to identify optimal entry and exit points. This indicator identifies setups which spot these sequence of events. While it shares the same logic of events with the Version 1, their sequence differs. BULLISH Bearish BOS Bullish CHoCH Bullish FVG  Bullish Order Block BEARISH Bullish BOS B
FREE
Swing Points
Usiola Oluwadamilol Olagundoye
Swing Points Indicator for MetaTrader 5 The **Swing Points Indicator** is a custom-built technical tool designed for MetaTrader 5 (MT5), primarily used for identifying crucial reversal points in price action. By plotting swing highs and swing lows, it highlights potential trend reversals, making it a valuable tool for traders relying on price action analysis. This indicator helps traders anticipate changes in market direction by visually marking significant turning points on the chart. Main
FREE
Bar Number
Francisco Gomes Da Silva
5 (4)
Candle counter This indicator counts and identifies candles based on a longer time frame Bigger Timeframe You can choose the daily timeframe as " Bigger Timeframe ", and run it within any smaller chart. that it will count the bars based on the daily chart . If you pass as a parameter the timeframe " H1 " then the indicator will know how to count the bars inside the H1 chart you just need to run it on smaller charts. The main parameter is the " Bigger Timeframe " which is a larger timeframe than
FREE
Works with Trend Line PRO indicator and set files made by Optimizer Utility You can download additional programs: here The scanner is developed to get new signals of the Trend Line PRO indicator on all pairs and timeframes from M5 to MN1 For the scanner to work, you should have an indicator. The main advantage of SCANNER Trend Line PRO is the possibility to use an individual set file for each pair and timeframe. You can automatically set up, change and save settings for each pair in the addit
FREE
Just another   Auto Fibonacci Retracement indicator . However, this is the most   Flexible   &   Reliable   one you can find for FREE. If you use this indicator and you like it, please leave a review/comment. If you are looking for a more advanced Fibo indicator, check this Free  Trend-Based Fibo indicator . ### FEATURES ### Auto-calculate up to 7 Fibonacci levels on your customized frame. Adjust levels as your need. Use High/Low price or  Open/Close price to calculate. Freeze the levels and don
FREE
Order Block Box
Usiola Oluwadamilol Olagundoye
The Advanced Order Block Indicator for MetaTrader 5 is designed to enhance technical analysis by identifying significant order blocks that sweep liquidity and create Fair Value Gaps (FVG) when pushing away. This indicator is ideal for traders who focus on institutional trading concepts and wish to incorporate advanced order flow and price action strategies into their trading routine. Overview Order Block Identification : An order block represents a price area where a substantial number of orders
FREE
Sunan Giri For MT5
Victor Adhitya
5 (1)
Sunan Giri EA for MT5 by Victoradhitya Risk Disclosure : Futures, Forex, Stock, Crypto and Derivative trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. I am not responsible for any financial losses you may incur by using this EA! ea uses a no martingle strategy or martingale strategy depends on your set every trade always uses a hidden SL EA has back test for 5 years Minimum balance $1000
FREE
Thanos BETA
Omega J Msigwa
5 (1)
Overview Thanos EA BETA is an advanced trading bot leveraging cutting-edge AI and machine learning technologies specifically designed for trading applications. Equipped with Modern and Deep learning Artificial Intelligence algorithms, this EA offers superior predictive capabilities, surpassing many existing models in the field. This free beta version is a development sandbox where I continuously integrate new features and experiment with innovative strategies. This trading robot was trained f
FREE
Opening Gap Trader
Simon Reger
4 (1)
The Opening Gap EA is particularly suitable for trading the gaps at the opening of stock prices. Since stocks generally rise more than they fall, only buy positions are opened. The trade is placed shortly before the end of trading hours and closed the next day immediately after opening. The gap created here is then taken as profit. Good profits were generated in the backtest with NVDA. This EA is a good addition to the EA portfolio. Advantages of the EA: No martingale, no grid system Every
FREE
Wabi Sabi
Marc Maina Mwangi
4 (2)
INTRODUCTION Wabi Sabi is a expert advisor that works on both low and high timeframes. On lower analysis timeframes it behaves like a HFT bot and on higher analysis timeframes its trade frequency reduces significantly.  INDICATORS It utilizes two indicators to enter trades. These are Relative Strength index (RSI) and Bollinger Bands. It targets price pull backs both within the Bollinger Bands upper and lower bands. It also targets price pull backs after and during large price moves. MONEY
FREE
Dark Mimas MT5
Marco Solito
4.52 (83)
Dark Mimas  is a fully automatic Expert Advisor for  Scalping   Trading. This Expert Advisor needs attention, in fact presents highly customizable. Dark Mimas is based on   Dark Oscillator MT5  indicator, these Trades can be manage with some strategies. The expert advisor is able to get a very high-rate of winning trades. Optimization experience is required to Download the robot. My tests are indicative, for best results it is necessary to study the user manual and create your settings. All the
FREE
Trend Scalper 1 Tyr Bands
Gerardo Armando Ochoa Aguilera
5 (1)
Tyr Bands Indicator Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stoch is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it is only an indicator, it will not place SL or TP, we need to have them placed manually if you want to trade. The SL will lie on the external BB band (Blue), and
FREE
Golden Hunter MT5
Rodrigo Arana Garcia
4.67 (3)
MT4 Version Golden Hunter   has been developed for traders who trade manually in the markets. It is a very powerful tool consisting of 3 different indicators: Powerful entry strategy: Formed by an indicator that measures the volatility of the currency pair and identifies the market trend. LSMA: Smoothes the price data and is useful to detect the short term trend. Heikin Ashi: Once the indicator is attached to the chart, the Japanese candlesticks will change to Heikin Ashi candlesticks. This
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Simple CCI by Ioannis Xenos
Ioannis Xenos
4.5 (14)
At Xignal-Coding, we're passionate about helping traders succeed in the markets. That's why we're excited to share with you our latest creation, the Simple CCI trading robot/tool. Our primary goal with this robot is to empower traders with a safe and reliable tool that helps them understand the CCI indicator and use it to their advantage in the trading assets of their choice. With the Simple CCI, you have full control over your trading strategy. You can use it as a trend continuation strategy o
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PowerZones Premium MT5
Christophe Pa Trouillas
5 (2)
Strategic Zone touched x3, x4, x5 times  | TP1/TP2/TP3 in  points  or  value  | Check visually the safety of your Risk/Reward ratio Limited time offer  then back to >> $99    |   After purchase,  please contact me  for recommended and personalised settings Version   MT5  -  MT4 |   Check our   3 steps MetaMethod  to maximise your profits:   1. TrendDECODER  2. PowerZONES  3. BladeSCALPER   Want multi-daily signals on charts? >> Subscribe to our  mql5 channel Why is it better? For the first t
FREE
Bounce Zone MT5
Nguyen Thanh Cong
4.2 (5)
Introduction The Bounce Zone indicator is a cutting-edge non-repainting technical tool built to identify key areas on the price chart where market sentiment is likely to cause a significant price reversal. Using advanced algorithms and historical price data analysis, this indicator pinpoints potential bounce zones. Combined with other entry signal, this indicator can help forex traders place the best trades possible Signal A possible buy signal is generated when price is in the green zo
FREE
Mini POC
Flavio Javier Jarabeck
4.95 (22)
For those who struggle with overbloated Volume Profile/Market Profile indicators, here is a solution that contains only the Point of Control (POC) information. Super-fast and reliable, the Mini POC indicator presents this vital information visually within your chart. Totally customizable in splittable timeframes, type of Volume, calculation method, and how many days back you need. SETTINGS Timeframe to split the POCs within the day. Volume type to use: Ticks or Real Volume. Calculation method
FREE
Sylvan Crash500 Heiken Ashi
Quintin Francois Vanwyk
4.8 (5)
FOR CRASH 500 ONLY!! MT5 *This is a smooth heiken ashi setup meant to be used on CRASH 500 in combination with other indicators. *You are welcome to test it on other markets aswell. *I will be posting other indicators aswell to help with trading the crash 500 market. *You can use this to help smooth out price if you do struggle with reading the charts as is. * Just note heiken ashi doesnt represent real price action only smoothes it out for ease of read.
FREE
Note from Developer: This is the lite version of the Double TMA with Bands Indicator. I will be uploading a paid version that comes with alerts and on screen signal arrows built in. I will also be selling an EA based on this trading system once all backtesting and optimization have been completed. Unlock your trading potential with the Double TMA Indicator with Reversal Detection! Designed for swing and reversal trading, this versatile tool integrates two Triangular Moving Averages
FREE
Support and Resistance trader EA
Maziar Safaeinajafabadi
5 (2)
Identify key support and resistance zones, and execute trades strategically when the market exhibits overbought or oversold conditions. This EA, referred to as "Supply Demand Agent," is designed to help traders find suitable entry and exit points in the market based on support and resistance areas, as well as overbought and oversold conditions. Let's break down the key input parameters to explain how the EA operates: Money Management Settings: LotSize : Specifies the initial lot size for trading
FREE
Sniper MACD
Yaroslav Varankin
4.15 (13)
The "Sniper MACD" indicator is an improved version of the classic MACD, designed to enhance trading efficiency. It features additional filtering and multiple smoothing methods, allowing for more accurate signals. Features: Additional Filtering: Improves signal quality, reducing the likelihood of false triggers and increasing forecast accuracy. Multiple Smoothing: Reduces market noise, providing more reliable signals. Volume Integration: The built-in volume indicator helps assess market conditio
FREE
Leave a comment if you would like me to write an EA to trade these trendlines... if enough interest, will write an EA. Automatic Trendlines, updated automatically. To Set up 3 different (or mroe) Trendlines on chart, simply load the indicator as many times and name it differntly.. the example in the picture below is indicator 1 (loaded 1st time): Name: Long, StartBar: 50, BarCount: 500, Color: Pink indicator 2 (loaded 2nd time): Name: Short, StartBar: 20, BarCount: 200, Color: Green indicator 3
FREE
Fractal Trend Master
Marcus Vinicius
5 (2)
The Fractal Trend Master is an advanced Expert Advisor that applies the trading system developed by Bill Williams, combining the Alligator indicator with fractals to identify and follow market trends. It opens buy positions when an upper fractal forms above the Alligator's teeth line, and sell positions when a lower fractal forms below the Alligator's teeth line. This EA is ideal for traders seeking a robust, automated system based on solid technical analysis. You can use any timeframe; however,
FREE
Reversal Composite Candles
MetaQuotes Ltd.
3.57 (14)
The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can
FREE
Trade vision buy and sell arrow
Lesedi Oliver Seilane
4.5 (2)
non-repaint free MT5 technical indicator works on all timeframes 1 minute to the monthly timeframe  the trade vision buy and sell arrow is a multi currency and synthetic indicator Trade vision buy and sell arrow comes with Push Alerts purple arrow look for selling opportunities white arrow look for buying opportunities.  wait for candle to close and arrow to appear before taking any trades.
FREE
Ekom Spike Detector Navigate the volatile world of Boom and Crash indices with the Ekom Boom and Crash Spike Detector Indicator. This powerful tool detects explosive price movements, providing traders with accurate buy and sell signals 24/7. Key Features: - Accurate Spike Detection : Identify high-probability spike patterns in real-time - Clear Visual Signals : Displays clear buy and sell arrows on the chart for easy decision-making - Customizable : Easily switch from either Boom or Crash
FREE
Trend Arrow Signal
Pham Minh Huy
4.33 (3)
Trend Arrow Signal gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern. As the name indicated, this is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend. The main trend is determined by EMA 50 and can be changed manually to suit your preference. Trend arrow signal can work on all time frames.  It gives signal at close of th
FREE
Volumes with Moving Average is a simple and straightforward volume indicator supplemented with a moving average. How to use? It is well suited for filtering signals when entering a deal both from support-resistance levels and at volatility breakouts of trend channels. It can also be a signal to close a position by volume. Input parameters: Volumes - real or tick volume. MA_Period - moving average period.
FREE
Please if possible consider the  paid version  which I will continue to develop (there will be no future updates for this free version). This Expert Advisor identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI, bollinger, stochastics, moving average and ADX filter options which makes it possible to filter out only the strongest setups. The default settings ar
FREE
Dark Rea MT5
Marco Solito
4.66 (56)
Dark Rea  is a fully automatic Expert Advisor for Impulse  Trading. Dark Rea is based on   Dark Sprint MT5  indicator, these Trades can be manage with some strategies.   (Write a   review   at market to receive 1 paid indicator for free!) My tests were performed with the real tick date with 99,90% accuracy, actual spread, additional slippage and High commission. Optimization experience is required to Download the robot. in fact I recommend that you carefully study all the functions and then crea
FREE
Candle Counter is an indicator that prints the number of candles from the first candle of the day . The first candle of the day will be the number 1 and each new candle will be increased by 1 in this count. Input Parameters Choose from even, odd or all Distance from candle to Print the number Text Font Size Text Font Color If you still have questions, please contact me by direct message:  https://www.mql5.com/en/users/robsjunqueira/
FREE
Smart Calculator
Renato Fiche Junior
4.65 (17)
Simple utility to calculate margin and financial value according to the number of lots and points informed by the user. This is a product developed by the Renato Fiche Junior and available to all MetaTrader 5 users! Partners: "Águia Traders"  team ( Eagle Traders ) by  Larissa Sihle  #aguiatraders #larissasihle Input Parameters - Balance : Account balance. The margin percentage will be calculated based on the balance informed by the user.
FREE
MT5 VolatilityScalperEA
Nikolaos Pantzos
3.94 (18)
This expert is a pure volatility scalper working with market orders orders. Expert not use any indicator, only use prices action and volatility of price to generate signals. Using an algorithm to calculate the speed of price to generate the signals. There are three conditions for it to work: Tight spread  Fast execution Stop level = 0 Please during the tests of this EA do not simultaneously use another EA in the same terminal because it affects the modification speed. Try expert on demo accoun
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MT4 Version Available Here:  https://www.mql5.com/en/market/product/43528 Telegram Channel & Group :  https://t.me/bluedigitsfx V.I.P Group Access:   Send Payment Proof of any of our Paid Products to our Inbox Recommended Broker:   https://eb4.app/BDFXOsprey * The Most Sought After Pip Counter for Metatrader ! Features Will show Currency Symbol in BLUE for Buy positions. Will show Currency Symbol in RED for Sell positions. Will Show pips in BLUE Color for Positive Pips Will Show pips in
FREE
Day Trader WorkTime
Aurthur Musendame
4.83 (12)
The worktime indicator helps you identify the most important times to day to trade the currency pairs. It was created based on the ICT day trading free tutorials that are freely vailable on his youtube channel.  You can use this indicator together with my other indicators that i have shared freely with you like the true day, custom periods, daily month, weekly open lines - they together complement each other very well. Nuggets from this indicator: 1. Draws the asian session box showinng you th
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Volume Calculator Botti
Guilherme Bitencourt Botti
3 (4)
Volume Calculator This indicator shows the volume to be used in an operation based on the maximum acceptable stop value and the size of the stop. That way you will not use a calculator to calculate the volume you are going to use every time. This indicator makes your life much easier and faster. Suitable for any type of trader: Scalper, DayTrader, SwingTrader.
FREE
Pivot trading: 1.pp pivot 2. r1 r2 r3, s1 s2 s3 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 , MT4 DEMO Easy And Fast Copy , MT5 DEMO Cooperation QQ:556024" Cooperation w
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AlgoRex
Haruki Teranaka
4.75 (4)
AlgoRex EA is equipped with an advanced proprietary market analysis system that dramatically improves the accuracy and efficiency of FX trading. AlgoRex exclusive volatility adapter AlgoRex's proprietary volatility adapter uses ATR (Average True Range) and RSI (Relative Strength Index) to precisely analyze market swings in real time. This innovative feature allows you to quickly respond to even the smallest market fluctuations and instantly capture changing trends. Traders can leverage this adv
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This is a very simple indicator and easy to use for everyone. However, it's very visual, useful and effective. It is suitable for every Forex symbol and any timeframe. But from my testing and investigation, I do not recommend to use it with timeframes M1, M5, M15.  Setting. - Choose alert On/Off ( default ON). - Select time ( seconds) between 2 alerts . Default is 30 seconds  How it works? Uptrend—When color of the bar is Green. Downtrend—When color of the bar is Orange. A reversal happens if co
FREE
Santa Renko
Marco Aurelio Cestari
4.75 (16)
Simple   Renko Chart Generator. Just place the EA on the desired symbol, configure and hit OK, your Renko Chart is generated. You can attach any MT5 compatible indicator or template to the renko chart and perform your technical analysis. Settings: Origin Symbol Custom Symbol Type (Pips, Ticks, Points, R) Brick Size Show Wicks Brick Open Time Asymmetric Reversals Chart Mode Refresh Ratio Watch Market Book History Start Date History Type (1 minute OHLC, Real Ticks) * Strategy Tester: Use 1 minu
FREE
Divergence Force
Alessandro Riggi
4 (1)
Divergence Force Divergence Indicator Description Divergence Force 1.0 is an indicator designed to identify divergences between the price of an asset and the MACD (Moving Average Convergence Divergence). This indicator automatically draws trend lines on the highs and lows of the price and MACD, highlighting potential trading opportunities. Main Features Automatic Divergence Identification : The indicator automatically detects bullish and bearish divergences between the price and the MACD. Trend
FREE
Double Tops And Bottoms MT5
Alexander Nikolaev
4.83 (6)
This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
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AW Classic MACD MT5
AW Trading Software Limited
4.63 (24)
Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications Benefits: Works on all instruments and timeseries Trend indicator with   oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert MT4 version ->  HERE  / Our news ->  HERE   How the indicator works: AW Classic MACD - Indicator
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Display rectangles and trendlines list  from Trading box  Technical analysis tool. Objects are ordered in the list by   pip distance   that is difference between object price and Bid price. With this tool you will know which chart to look for next trading opportunity. No more switching between charts and searching for trades where price is close to rectangle zone or trendline support resistance level. Sorted Rectangles and Trendlines by pip distance -  If you are trading on multiple charts, the
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Vertical Volume
Kim Yonghwa
4.8 (5)
Features Indicator for check volume for price. Mainly works for EURUSD, other currency fair can be no work or calculation takes long time. For smooth use, Turn on "Shift end of the chart border from right border" as shown in the screenshot When apear new bar Data reset Variables COlOR : Setting of indicator color WIDTH :  Setting of indicator width PERIOD :  Determine the time of period for calculating data
FREE
Virtual Targets MT5
Hoang Van Dien
4.6 (5)
This indicator is very useful for day traders or short term traders. (MT5 version) No need to calculate the number of pips manually, just look at the chart and you will see the Virtual Take Profit / Virtual Stop Loss target line and evaluate whether the entry point is feasible to reach the intended target or not. Enter the intended   Take Profit / Stop Loss   pips for your trade. The indicator will display   Virtual Take Profit / Virtual Stop Loss   lines for you to easily see if the target i
FREE
Donchian Scalper EA
Robots4Forex Ltd
4 (7)
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate
FREE
OBV macd
Shahabeddin Baset
5 (2)
OBV MACD Calculating MACD based on OBV data Features 3 outputs: MACD & Signal & Histogram 4 Colored Histogram Smoothing factor show/hide option for MACD & Signal lines Description Among the few indicators developed for working with volume data, OBV (On Balance Volume) is the simplest yet most informative one. Its logic is straightforward: when the closing price is above the previous close, today's volume is added to the previous OBV; conversely, when the closing price is below the previous cl
FREE
The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it. Version for MT4: https://www.mql5.com/en/market
FREE
Renko Chart
Marcin Konieczny
3.63 (8)
This indicator allows to display Renko charts in the indicator window. Renko charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows to focus on main trends. Time is not a factor here. Only price movements are taken into account. That's why Renko chart is not synchronized with the main chart it is attached to. Indicator works in two modes: CLOSE - only close prices are taken into account while building the chart HIGH_LOW - only high/
FREE
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 , MT4 DEMO Easy And Fast Copy , MT5 DEMO 砖图 Renko PRO->>>   The display of the brick map on the main map. The Renko chart ideal
FREE
Three Moving Averages
MetaQuotes Ltd.
3.13 (24)
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA. Trade signals: Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend). Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend). Input parameters: Inp_Signal_ThreeEMA_FastPeriod = 8; Inp_Signal_ThreeEMA_MediumPeriod = 38; Inp_Signal_ThreeEMA_SlowPeriod = 48; Inp_Signal_ThreeEMA_StopLoss = 400; Inp_Signal_ThreeEMA_TakeProfit = 900; I
FREE
Order Block FVG Box
Usiola Oluwadamilol Olagundoye
The Order Block FVG Box indicator for MetaTrader 5 is a powerful tool designed for discerning traders looking to identify and capitalize on high-probability trading opportunities. This indicator excels at pinpointing valid Order Blocks that are immediately followed by Fair Value Gaps (FVG), enhancing your trading strategy with precise visual cues. Key Features: Order Block Identification : Detects valid Order Blocks, which are significant areas where institutional buying or selling has occurred,
FREE

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