Free Expert Advisors and Indicators for MetaTrader 5 - 8

Get it FREE while you can! Will be increased to $100 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 ; The Max Hercules Strategy is a part of a cross asset market making strategy (Max Cronus) built by myself over years of analysis and strategy building. It takes multiple theories and calculations to trade the market in order to c

Pivot Classic, Woodie, Camarilla, Fibonacci and Demark Floor/Classic Pivot points, or simply pivots, are useful for identifying potential support/resistance levels, trading ranges, trend reversals, and market sentiment by examining an asset's high, low, and closing values. The Floor/Classic Pivot Points can be calculated as follows. Pivot Point (P) = (High + Low + Close)/3 S1 = P * 2 - High S2 = P - (High - Low) S3 = Low – 2*(High - P) R1 = P * 2 - Low R2 = P + (High - Low) R3 = High + 2*(P - Lo

We value your feedback and believe that your experience with the Hull Moving Average (HMA) is essential to us and other traders. Help us continue to improve and refine our product by sharing your thoughts and insights through a review! The Hull Moving Average (HMA) Indicator – Your Key to Smoother Trends and Profitable Trades! Are you tired of lagging and choppy moving averages that hinder your ability to spot profitable trading opportunities? Look no further! The Hull Moving Average (HMA) is

SETTINGS Make sure to select Chart shift option in the chart.   (Right click in the chart ---> Properties (dialog box) ----> Select Chart Shift) Kindly rate and comment about the product for upgradation & Support When using candlestick timers, keep in mind that the timing of candlestick patterns can play a crucial role in your trading strategy. For instance, different timeframes (such as 1-minute, 5-minute, hourly, ) can provide varying insights into price movements and trends. Make sure t

The Expert Advisor (EA) is based on the Dynamic Linear Regression indicator ( https://www.mql5.com/en/market/product/49702 ). User inputs: Number of candles is considered when calculating linear regression; Distance to the top line; Distance to the bottom line; Stop the loss of. The EA executes purchase and sale orders in the market when the value of a line, higher or lower, is reached at the current price, when the lower line is reached, a buy order at market is executed and when the upper l

Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c

High Low Swing (HLS) Indicator The HLS indicator is a technical analysis tool designed to identify swing highs and lows in the market, aiding swing traders in making informed decisions. It offers an adjustable "degree" parameter, allowing you to customize the sensitivity to strong price movements based on current market conditions. Features: •    Clear Buy/Sell Signals: The indicator plots signals directly on the chart, simplifying trade identification. •    Adjustable Swing Strength: The "

The Weis Waves RSJ Indicator sums up volumes in each wave. This is how we receive a bar chart of cumulative volumes of alternating waves. Namely the cumulative volume makes the Weis wave charts unique. It allows comparing the relation of the wave sequence characteristics, such as correspondence of the applied force (expressed in the volume) and received result (the price progress). If you still have questions, please contact me by direct message:  https://www.mql5.com/en/users/robsjunqueira/

Moving Average Convergence/Divergence — схождение/расхождение скользящих средних — технический индикатор, разработанный Джеральдом Аппелем (Gerald Appel), используемый в техническом анализе для проверки силы и направления тренда, а также определения разворотных точек. Встроенный в MetaTrader 5 индикатор MACD не соответствует задумке автора (Gerald Appel): -линия MACD графически изображена в виде гистограммы, однако гистограммой отражается разница между линией MACD и сигнальной линией;  -сигнал

Gold TL MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price and reflects trend lines along the fractals of a specific timeframe (TF).   Benefits of the indicator: The indicator produces signals with high accuracy. The confirmed signal of the indicator does not disappear and is not redrawn. You can trade on the MetaTrader 5 trading platform of any broker. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices

The indicator shows a trend and goals for the current situation every day. The indicator also reduces the number of loss-making deals, for counting the right definition of market conditions. Designed for analysis and trade within the day. How to use: Blue line shows the opening price of the day, from it 4 lines are set according to a special formula, which determine the goals for the current day. You can search and open deals in the direction of the trend. Grey line is the first target. When the

EA "MA Line" with martingale feature To see how EA works, please watch the video below.  In the video, I perform parameter optimization and do a backtest. The parameters that are optimized are: - MA Period - Stop Loss - Take Profit For the future, I will try to optimize and test EA, especially the expert advisors in the mql5 community. hopefully it can be useful for colleagues in the mql5 community.

Automatic Trend Line Fit. This indicator automatically plots the straight line and parabolic (curved) trend to any symbol at any timeframe. The plotted straight line is a good indication of the current trend and the curved line is an indication of a change momentum or change in the current trend. Plotting the straight line over about 2/3 the number of candles as the curved line is usually a good way to determine entry and exit points as it shows the current trend and momentum of the market. This

Este indicador traça uma reta baseada em regressão linear, esta reta é dinâmica e é atualizada a cada tick. O cálculo de regressão linear é feito considerando o número de candles definido pelo tamanho da janela fornecida pelo usuário. São traçadas duas linhas, uma superior e uma inferior, para guiar a estratégia do usuário, a distância dessas linhas para a linha central deve ser configurada. É possível definir os estilos, cores e espessuras de cada uma das linhas.  Esse indicador foi inicialm

Are you tired of plotting Fibonacci retracements or extensions manually? This indicator displays Fibo retracements or extensions automatically, calculated from two different price points, without human intervention or manual object anchoring. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Manual anchoring is not needed Perfect for price confluence studies The indicator evaluates if retracements or extensions are needed Once drawn, you can manually edit t

Idea extracted from the books by Anna Coulling and Gavin Holmes using Volume and Spread Analysis (VSA) techniques coupled with Al Brooks' expertise with Price Action these candles are magical, identify the exact moment   of the performance of the big players are acting in the market represented by the colors: 1) Red Candles we have an Ultra High activity, 2) Candles Orange we have a Very High Activity 3) Candles Yellow we have one High Activity 4) White Candles represent normal activ

Babel assistant 1     The MT5 netting “Babel_assistant_1” robot uses the ZigZag indicator to generate Fibonacci levels on M1, M5, M15, H1, H4, D1, W1  periods of the charts , calculates the strength of trends for buying and selling. It opens a position with "Lot for open a position" if the specified trend level 4.925 is exceeded. Then Babel places pending orders at the some Fibonacci levels and places specified Stop Loss , Take Profit. The screen displays current results of work on the positio

The Period separators indicator separates time periods, specified by user. It supports all timeframes, greater or aliquot to current timeframe. In case of the incorect timeframe, the indicator modifies it to closest correct value. Additional bonus - the separation of non-standard time periods - MOON, MOON/2, MOON/4 (moon phases). The separators are plotted using the indicator's buffers. The indicator uses one graphic object for information about the progress and current bar properties. The grap

When working with several assets and having several open positions in different assets, it is a little complicated to visualize how much profit or loss is in each asset, so with this problem in mind I developed this indicator where it facilitates the visualization of open operations in each asset , where you will be able to open several different assets and you will be able to visualize the individual result of each asset and speed up your decision making in your trades.

AUTO3M Lite MT5 is a fully automatic Expert Advisor for Trend, Hedging Strategy Trade With Bollinger Bands And Stochastic Oscillator Bollinger Bands Are Used Mainly To Follow Trends. Stochastic Main Line And Signal Line Use For Open Pending Order Buy Or Sell The advisor Auto3M Lite MT5 can work on a VPS. Pro version MT4 Pro version MT5 Feature No martingale Hard stop loss and take profit for each position Use Trailing stop Delete pending order automatic by interval time Use buy stop and sel

The XU_H4_910440109_S_PS_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on XAUUSD (Gold) using the H4 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/gold-bulls-power-trader/ Key details are: Parameters MagicNumber: 91044

This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in the zone helps t

This indicator is based on the strategy proposed by 'The Secret Mindset' YouTube channel, on the video "A Reliable Scalping Strategy I Discovered After 1 Month of Price Action Trading" A complete and detailed explication of the strategy and conditions to filter the signals are exposed on the video.  * The YouTube channel creator is not related to this indicator development The signals should be combined with other indicators and be filtered by each trader judgment Indicator Bars that are insi

This indicator shows current major support and resistance, if one exists. And as a support or resistance is broken it shows the new current, if any. To identify support and resistance points it uses the high and low points identified on the current chart. Allows too you to inform the maximum number of bars used to consider a support or resistance point still valid.

The Investment Castle Chances indicator will show signals on the chart for entering a buy or sell trade. There are 2 types of signals for each direction as follows: Buy / Sell (Orange colored candlesticks) Strong Buy   (Green colored candlesticks)  / Strong Sell  (Red colored candlesticks) You may place a buy trade once you see the Buy arrow or vise versa, or you might prefer to wait for a further confirmation “Strong Buy” / “Strong Sell”. This indicator works best with the high time frames H1,

Introducing the Zone Recovery EA, a powerful tool for traders who seek precise control over their Zone Recovery strategies. This manual version operates similarly to the Zone Recovery mode in ManHedger but some distinctive features – the Stop Loss (SL) cannot be modified during the strategy execution, and no pending orders are opened, when the StartPrice is reached. There are no input parameters. Zone Recovery strategies can only be executed on accounts that allow hedging. Key Features: Hedging

Developed by Chuck LeBeau, the Chandelier Exit indicator uses the highest high / lowest low -/+ a multiple of the ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction.The value of this trailing stop is that it rapidly moves upward in response to the market action. LeBeau chose the chandelier name because "just as a chandelier hangs down from the ceiling of a room, the chandelier exit hangs down from the high

Do you love VWAP? So you will love the VWAP Cloud . What is it? Is your very well known VWAP indicator plus 3-levels of Standard Deviation plotted on your chart and totally configurable by you. This way you can have real Price Support and Resistance levels. To read more about this just search the web for "VWAP Bands" "VWAP and Standard Deviation". SETTINGS VWAP Timeframe: Hourly, Daily, Weekly or Monthly. VWAP calculation Type. The classical calculation is Typical: (H+L+C)/3 Averaging Period

Time your Entry and Exits with Average True Range (ATR) Trailing Stops ATR Trailing Stops are primarily used to protect capital and lock in profits on individual trades but they can also be used, in conjunction with a trend filter, to signal entries. The indicator will help make your calculation of stop loss easier as it will be visually aiding you in choosing where to put your stoploss level on the chart by calculating the current value of ATR indicator. For those who are unfamiliar with ATR, i

This is a simple trend strenght indicator that is based on 5 moving averages on five diferente timeframes. As for now, the end user has no access to the SMA configurations but ill implement that on the future. This indicator has 7 diferents trend indexes they are. Strong bearish, bearish, slighly bearish, normal, slighly bullish, bullish and strong bullish. You can change the gauge colors to better fit your taste and the chart background.

Calculating the volume of orders every time you create an order is an extremely important thing in risk management Let this tool simplify your work! ----------------------------------------------------- How to use? Attach the indicator to the chart and set its parameters:  Risk size in %  or money and Risk Reward Ratio. Click on the ON button and locate the horizontal line to your would-be StopLoss level. Options: Click on the Pending/Instant button to locate the horizontal line  to your would-b

Forex Trade Manager MT5 simplifies managing open orders in MetaTrader 5. If you open a new order, the manager automatically sets Stop Loss and Take Profit. When price will move, then the program could move Stop Loss to Break Even (stop loss = open price) or continuously moving Stop Loss (Trailing Stop) to protect your profits. Forex Trading Manager is able to control orders for only current symbols (where EA works) or for all opened orders (regardless symbol) and hide the Stop Loss and Take Prof

Combination of Ichimoku and Super Trend indicators. 1. ARC (Average Range times Constant) The concept of ARC or Volatility System was introduced by Welles Wilder Jr. in his 1978 book, New Concepts in Technical Trading Systems . It has since been adapted and modified into the popular Super Trend indicator. The fundamental idea behind ARC is simple: to identify support and resistance levels, you multiply a constant with the Average True Range (ATR) . Then, you either subtract or add the resultin

"Introducing NakaTrend: Your Ultimate Trend Detector for MetaTrader 5! Ready to revolutionize your trading experience? Meet NakaTrend, your go-to indicator for identifying trend changes with precision and ease. With NakaTrend, you'll never miss another opportunity to capitalize on market shifts. When a bullish trend emerges, NakaTrend signals it with a green dollar sign, prompting you to enter a buy order. And when the tide turns bearish, a red dollar sign appears, signaling the perfect mom

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.

It is the MQL5 version of zero lag MACD that was available for MT4 here: https://www.mql5.com/en/code/9993 Also there was a colored version of it here but it had some problems: https://www.mql5.com/en/code/8703 I fixed the MT4 version which has 95 lines of code. It took me 5 days to write the MT5 version.(reading the logs and testing multiple times and finding out the difference of MT5 and MT4!) My first MQL5 version of this indicator had 400 lines of code but I optimized my own code again and n

This indicator informs the user when the ATR is above a certain value defined by the user, as well as when the ATR prints a percentage increase or percentage decrease in its value, in order to offer the user information about the occurrence of spikes or drops in volatility which can be widely used within volatility-based trading systems or, especially, in Recovery Zone or Grid Hedge systems. Furthermore, as the volatility aspect is extremely determining for the success rate of any system based o

In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, it's not particularly intuitive or efficient, and has the potential for miscalculations.  Features Configurable ATR offset Upper and Lower Band. configurable ATR scaling factor alternate(non-chart) ATR timeframe explicitly defined input types to impro

Description: Heikin-Ashi-like swing oscillator candles. It can be used in the same way as RSI or Stochastic. For example: Zero crossing. Above the zero line is bullish, below the zero line is bearish. Overbought or oversold. 100 line is the extreme bought level, -100 line is the extreme sold level. Divergences. Time frame: Any time frame. Instrument: Any instrument.

The Weis Wave first takes the market volume and then organizes it with the price into Wave charts. It is the only software that will present the true picture of the market before you. If anyone of you, has watched an intraday price movement then you must know that it unfolds in a series of selling as well as buying waves-a procedures tearing down and building up. Wave analysis is an integral part of the trading method. The indicator helps to deal with today’s volatile market. Moreover, it works

This indicator allows you to measure retracements of price between any two points in either direction. It displays the price points, percentages and also displays the extension levels. User may Modify and Add addition levels and extensions." User may also Add multiple Fibonacci indicators on the chart and change their colors, style and sizes. Can be used on any timeframe. This is the only Fibonacci Tool you'll need to measure and trade on Structure. MT4 Version Available as well. ADDI

The Volume Weighted Moving Average (VWMA) is calculated based on Prices and their related Volumes giving importance to those candles with more Volume. During periods of almost equal volume distributed along the observed period (commonly, in low volume periods) the VWMA will be graphically similar to a Simple Moving Average. Used along other moving averages a VWMA could be used as an alert, filter or whatever your imagination could think of... HOW TO "READ" THIS INDICATOR As any Moving Average.

Martingale.   ConstructorMT5 consists of 4 separate Expert Advisors: bar trading Trading with iEnvelopes and iSAR indicators Trading with the iMA indicator Trading with the iIchimoku indicator The strategies are independent of each other. In each, you can separately choose: Lot calculation ( 7 options ) Closing positions (5 main options and additional ones) Up to 10 any currency pairs and other advanced options Input data is optimized on five-digit quotes   : Constr_ALot_False.set Constr_H1_201

The fact that round number levels have a significant influence on the market cannot be denied and should not be overlooked. These psychological levels are used by both retail Forex traders and major banks that deal in Forex.  Very simple and effective indicator and most importantly free. ////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// The program does not work in the strategy tester.

Introducing the Volatility Doctor Desert Eagle: Your Ultimate Scalping Algorithm for Explosive Trading Success! Are you ready to revolutionize your trading game? Look no further than the Volatility Doctor Desert Eagle – the ultimate scalping algorithm designed to empower traders like you with precision, control, and profitability. Here's why the Volatility Doctor Desert Eagle stands head and shoulders above the rest: 1) Simple and Intuitive: No complex jargon or steep learning curve. Our al

Introducing the Quasimodo Genie, a powerful indicator for MetaTrader 5 that automatically identifies the Quasimodo or Over and Under pattern. This indicator is perfect for traders who want to take advantage of this popular chart pattern and make profitable trades. With the Quasimodo Genie, you can easily find the best swing points for the Quasimodo pattern and place virtual trades with stop loss and take profit levels. The Quasimodo Genie is easy to use and comes with a range of customizable set

[ZhiBiDW Trend] is a simple, intuitive and effective indicator of trends and shocks. It is suitable for chart periods of more than 15 minutes and less than 4 hours, suitable for all market varieties. Buy signal: A blue up arrow appears; the arrow will appear with a preset price for Stop Loss and Take Profit. Sell signal: A red down arrow appears; the arrow will appear with a preset price for Stop Loss and Take Profit. Parameter setting description: [Send_Alert]: This is the alarm switch,

Use this expert advisor whose strategy is essentially based on Bollinger bands as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL RSI mt5 If you want to get a configuration file to improve your experience, leave a comment on this robot, then contact me by di

This indicator calculates fibonacci levels via moving averages trend and draw these lines. You can change fast and slow Moving Averages settings for customization. Inputs: Fast MA Time Period :  64 Fast MA Shift: 0 Fast MA Method: Smoothed Fast MA Apply To: Median Price Slow MA Time Period: 32 Slow MA Shift: 0 Slow MA Method: Smoothed Slow MA Apply To: Median Price ZigZag: False ZigZag Color: Red ZigZag Type: DashDot ZigZag Width: VeryThin Fibo Settings TrendFibonacci: True FiboTrendColor: Blac

This wonderful tool works on any pair producing alerts whenever the market enters the overbought and oversold zones of the market. The signals come as  BUY or SELL but it does not necessarily mean you should go on and execute order, but that you should begin to study the chart for potential reversal. For advanced signal tools check out some of our premium tools like Dual Impulse.

Supply Demand Ribbon is an indicator with moving supply and demand lines that help you identify price zones more easily. The indicator helps you determine flexible entry, stop loss, and take profit areas. There are also strategies for algorithmically changing ribbon colors. From there you can come up with many trading strategies for yourself! You can explore many feature in   Advanced   version   here ! MT4 Version:   Click here! Feature  in Basic version: Show 2 Supply/Demand Over lines. Show

Trading Session Indicator The Trading Session Indicator visualizes the high and low points as well as the start and end times of the Asian, London, and New York trading sessions directly on your chart. Features: Visualization of major trading sessions Highlighting of high and low points Display of start and end times for each session Customizable session times User-friendly and efficient Customizability: Each trading session (Asian, London, New York) can be individually customized to match speci

"NagaRecoil" EA: Highly durable and highly resilient trading solution for accumulating results over the long term The long-awaited EA "NagaRecoil" has finally been released! This EA utilizes two high-performance indicators, RSI and RFTL, to skillfully capture market trend fluctuations and determine the optimal entry point. RSI sensitively senses market overheating, and RFTL predicts future price movements. This combination provides accurate signals when to buy and sell, greatly increasing the

Pointer Sync is a pointer synchronizer between open charts. It makes the MT5 cross (activated by the middle mouse button) to be replicated on all open charts. In addition, it is possible to create horizontal lines (letter H) and vertical lines (letter V), very useful for studying. The appearance of the lines is customizable. Note: Synchronization is through the X and Y scale in pixels , not price and/or date. It is a simple and free utility. Enjoy! This is a free indicator, but it took hours t

VWAP, or volume-weighted average price, helps traders and investors observe the average price that major traders consider the "fair price" for that move. VWAP is used by many institutions to set up large operations. In this indicator, you can enjoy the following features: Daily VWAP, with option to display your current price next to the chart VWAP Weekly, with option to display your current price next to the chart Monthly VWAP, with option to display your current price next to the chart

The Fair Value Gap Detector is a MetaTrader 5 indicator designed to identify and draw rectangles on the chart wherever fair value gaps (FVGs) are detected. Fair value gaps occur when there is a significant disparity between the current price and the fair value of an asset. These gaps can provide valuable insights into potential trading opportunities, as they often indicate overbought or oversold conditions in the market. Key Features: FVG Detection: The indicator utilizes a proprietary algorith

This indicator displays Point & Figure charts (PnF charts) in the indicator window. PnF charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows focusing on main trends. Time is not a factor here. Only price movements are taken into account. That is why PnF chart is not synchronized with the main chart it is attached to. More about PnF charts: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts Indicator wor

After years of development, the Gold Trader EA is finally for sale! The Expert Advisor works with complicated algorithms with interaction of almost all functions. The Gold Trader EA trades on set trading hours and in this case when the important news is coming around the world! With a pyramid system, trailing stop and partial sales, the EA achieves very good results in the strategy tester. You'll be protected from big losses with risk management and in case profits grow, your positions will gain

CommunityPower EA   — is the Expert Advisor for MetaTrader 4/5, created by community and for community. It is free, versatile and very powerful, and allows to trade a wide range of strategies. The idea is simple Your suggestions + my code = a win-win for everyone! Is it a ready-to-use money-making machine? No, it is definitely not. It is a tool, which allows you to create and run your own trading strategy, and it is up to you to find profitable settings and take the responsibility for your tr

Market Cycle and Trading Sessions Indicator Introducing our Market Cycle and Trading Sessions Indicator, a tool designed to provide you with a comprehensive view of the financial market like never before. Observe the market's pulse with our exclusive indicator. Gain a deep understanding of market phases, from accumulation to distribution, to make informed, strategic decisions with a high probability. What makes our indicator? 1. Date Range for Calculations: Customize the start and end da

Like most things that work in trading, it's really simple. However, it's one of the most powerful tools I have that makes entries of many systems much more precise.   In its essence, it measures the recent volatility against the medium-term average. How does it work? Markets tend to be prone to strong trending movements when relative volatility is low and tend to be mean-reverting when relative volatility is high.   It can be used with both mean-reversion systems (like the Golden Pickaxe) an

INFOPad is an information panel that creates information on the selected currency pair in the MetaTrader 5 terminal. There are 5 functions of this indicator: Shows the main and main information on the selected symbol: Ask BID, Spread, Stop Level, Swap, Tick value, Commission prices; Shows the future targets of SL target and TP Target (The number of points of the established stop loss and take profit, the dollar amount); It shows the profit received for the periods: Today, Week, Month, Year, Tot

Quick Trade is a simple but needful utility for MT5 that allows to set SL, TP and entry price for a trade in a couple of seconds, allowing also shaping right position size based on risk wanted. It provide shortcuts to save more time and of course, you can also put values typing with keyboard or drag lines at your desired value! Shortcut Action CTRL + Click Set SL Shift + Click Set TP z + Click Set Price A simple utility that you will start to love if you do manual trading. Stop calculating ris

Simple Super Trend indicator for MetaTrader 5. A trend indicator similar to moving averages. Use it for entry and exit signals. It gives accurate signals on precise time. Works as a Trailing SL/TP. This indicator can also be used on multiple timeframes where you place it on a larger timeframe then go to a lower timeframe. Super Trend needs to be used in conjunction with other indicators like rsi, Parabolic SAR, MACD, etc to receive filtered signals.

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

Ultron Candle Timer Used for any timeframe to keep track of time remaining on current candle. User can change inputs and colors. Never wonder again about the time remaining until the next candle. Will work on any market and any chart. Adjust the color to blend in with any of your current chart template. Its a very simple and easy to use indicator but it comes in handy

The indicator draws the daily open line. Parameters GMT shift (minutes) The time zone could be shifted. The value is given in minutes. Draw closest regular bar's open price This parameter could fine-tune the open price line when using GMT shift. Yes - Draw the open line based on the current chart period's closest regular bar No - Draw the open line based on the M1 chart's closest bar.  Let's assume that your shift is 10 minutes, and you are using H1 chart and the first candle in every day is

Description:  Strategy based around Open-Close Crossovers. Setup: I have generally found that setting the strategy resolution to 3-4x that of the chart you are viewing tends to yield the best results, regardless of which MA option you may choose (if any) BUT can cause a lot of false positives - be aware of this. Don't aim for perfection. Just aim to get a reasonably snug fit with the O-C band, with good runs of green && red. Option to either use basic open && close series data or pick your pois

This simple range breakout trading strategy is a popular approach to profit from the movement of prices in financial markets. This strategy aims to identify a price range that a particular asset has been trading within and then wait for a breakout of that range to take place. The basic idea behind this strategy is that once the price of an asset breaks out of its established range, it is likely to continue in that direction, leading to a profitable trade.  Once the range has been identified, we

This indicator created based on original John Carter's TTM_Squeeze indicator and represents "squeeze" of the market which can be followed (or maybe not) by significant moves. Original indicator prints black dots when Bollinger Bands are inside Kelthner Channels and exactly this implemented in this custom version. Instead of original implementation as momentum indicator MACD indicator with standard settings 12-26-9 is being used. Mainly, the indicator is useful for understanding when it's better