Free Technical Indicators for MetaTrader 5 - 5

If you have the opportunity to read the book " Trend Trading - A Seven-Step Approach to success " by Daryl Guppy, you will have a great deal of information about how to "read" the market. In his book Daryl show, among other things, how can we use a visual tool to measure the volatility and trend between Long and Short-term periods: The GMMA - Guppy Multiple Moving Averages . Instead of using his original idea of having 12 Exponential Moving Averages in your chart - which could be very CPU-dem

Renko is a timeless chart, that is, it does not take into account the time period, but the price change, which makes the price change on the chart clearer. Hyper Renko is the indicator that provides this. To configure, you only have one parameter, the size of the candle in the tick * you want to use. * tick: is the smallest possible variation of an asset. Thank you for choosing a Hyper Trader indicator. Wikipedia: A renko chart indicates minimal variation in the value of a variable -

The Hybrid Stochastic indicator is a Stochastic RSI described by the famous Tushar Chande and Stanley Kroll in their book called " The New Technical Trader" . The main goal of this indicator is to generate more Overbought and Oversold signals than the traditional Relative Strength indicator (RSI). Combining these 2 indicators expands the range of the overbought and oversold territory. The idea behind it is to use the Stochastic formula over RSI values. If you want to know more about its internal

Darvas Flow   is a revolutionary trading indicator that combines the classic Darvas Box method with modern market flow analysis. Developed for serious traders, Darvas Flow offers a powerful and intuitive tool for identifying trading opportunities. This indicator has been through backtesting on the XAUUSD M30 pair for 6.5 years. If you are interested, please visit this EA product :  https://www.mql5.com/en/market/product/121320   Key Features: Darvas Box Method Implementation : Darvas Flow au

The "   YK Find Support And Resistance " indicator is a technical analysis tool used to identify key support and resistance levels on a price chart. Its features and functions are as follows: 1. Displays support and resistance levels using arrow lines and colored bands, with resistance in red and support in green. 2. Can be adjusted to calculate and display results from a specified timeframe using the forced_tf variable. If set to 0, it will use the current timeframe of the chart. 3. Uses

Drawing inspiration from ICT's Private Mentorship Course of 2016 (month 05) , as shared on YouTube, our innovative tool empowers traders to navigate the markets with precision. By marking out periods of 60, 40, and 20 days, it helps identify significant market movements, drawing upon the wisdom imparted by ICT. What truly sets this indicator apart is its forward casting capability, a feature that offers invaluable insights into future market behavior based on meticulous historical data analysis

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

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

The TRIXs Indicator is the combination of the TRIX (Triple Exponential Moving Average) indicator with the addition of a SMA (Simple Moving Average) signal. It provides signs of trend continuity and the start of a new trend. The entry and exit points of operations occur when the indicator curves cross. It performs better when combined with other indicators.

Setup Tabajara was created by a Brazilian trader known as  "The OGRO of Wall Street" . The idea of this setup is to indicate to the trader the current trend of prices and  the type of operation should be looked for in the graph. Operation It does this through the relation of the closing price position and the     of 20 periods, by painting the candles in 4 possible colors : Green -> Price rising in upward trend (Search entry points for PURCHASE) Black -> Price correcting in Bullish Trend

Overview : Introducing the Custom MACD Indicator for MetaTrader 5, inspired by the popular TradingView MACD but enhanced with additional features. This indicator provides traders with more flexibility and better visual cues for decision-making. Key Features : Custom Histogram Colors : Set your preferred color scheme for the MACD histogram to improve visibility and match your trading chart style. Recalculated Histogram Values : Get more accurate signals with our recalculated histogram values, des

Jackson trendline scanner   it a powerful   price action   tool which draw   accurate trendlines   and   alert   a   breakout signals . As we all know that trendlines it a most powerful tool in price action by providing  us with different chart patterns. e.g. Bullish flag, Pennant, Wedges and more...It not easy to draw trend lines, Most successful traders use trendlines to predict the next move based on chart pattern and breakout. Drawing a wrong trendline it a common problem to everyone, wrong

Experience the power of Demark Trends Indicator for comprehensive trend analysis and trading insights. Demark indicators are renowned for their effectiveness in assessing market trends and exhaustion points. Our Demark Trends Indicator takes this expertise to the next level, automatically drawing precise trendlines on your charts. With customizable parameters, including the number of candles in calculations, alarm settings, and line colors, you have full control over your analysis. Whether you'

CYCLE WAVE OSCILLATOR indicator is an indicator based on cyclical price fluctuations. This indicator can help you determine overbought and oversold levels, and help you predict price trends within the cycle. MT4 Version here! You can combine it with our indicators below to make your trading decisions more accurate: Supply Demand Ribbon MT5 Basic Feature: - Three Trend Types: + Zero + Basic + Advanced

The indicator has three signals. The two arrow signals and when  you get the message expect the spike. You only enter the market when all the conditions are met. The big arrow indicates the overall market direction while the small arrows indicates the support and resistance. Message "Expect spike" indicates that the market is about to spike so if you are trading against it you should exit that market.

TILLSON MOVING AVERAGE Also known as TMA or T3 indicator. It is a moving average that uses EMA and DEMA in its formula and is calculated with the 3rd degree Binomial expansion.       ...    int      handle1;     //Handle of the Tillson TMA T3.EX5 custom indicator    double   euBuff1[];    int TMAperiod= 12 ;    int TMSshift= 0 ;    double VolumeFactor= 0.618 ;    int OnInit ()    {    ...    handle1= iCustom ( NULL , PERIOD_CURRENT , "Market\\Tillson TMA T3.EX5" ,0,TMAperiod,0,0,TMSshift,0,0,Vol

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

[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,

Indicator Introduction: The indicator comes from network ,It is more stable relative to RSI or CCI. You can set the indicator to send emails/notifications/alerts when the previous bar has an up or down arrow, you can specify the text of emails by inputing string into the parameter box of  "UpMessages/DownMessages". It can be used to analyze market trend and design new expert that is based on trend. If the indicator below the axis ,this is a buy zone. The trend indicator is suitable for M1 and ab

Hi-Lo is an indicator whose purpose is to more precisely assist the trends of a given asset - thus indicating the possible best time to buy or sell. What is Hi-lo? Hi-Lo is a term derived from English, where Hi is linked to the word High and Lo to the word Low. It is a trend indicator used to assess asset trading in the financial market. Therefore, its use is given to identify whether a particular asset is showing an upward or downward trend in value. In this way, Hi-Lo Activator can be t

Stochastic indicator alerts  when  EA Available in comments , must have indicator installed buys stochastic main line is above  signal line stochastic is below 30 rsi 5 is below 20 sell stochastic main line is below signal line stochastic is above 70 rsi 5 is above 80 ADD to chart  Stochastic k 30 - d 9 - slowing 3, levels 30/70 rsi 5 lelels 20.80 Full alerts  push, mobile , email ect All input settings variable  feel free to contact for more information or alert sugestions

Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the Basic Theme Builder indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 5. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment.  Free MT4 version The Basic Theme Builder indicator i

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 idea of a Value Chart indicator was presented in the very good book I read back in 2020 , " Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile ", from the authors Mark Helweg and David Stendahl. The idea is simple and the result is pure genius: Present candlestick Price analysis in a detrended way! HOW TO READ THIS INDICATOR Look for Overbought and Oversold levels. Of course, you will need to test the settings a lot to find the "correct" one for your approach.

This indicator is based on the famous fractal indicator but with much customization  and flexibility , this is a powerful tool for identifying trend reversals and maximizing your profit potential. With its advanced features and user-friendly interface, it's the ultimate choice for traders of all levels.  MT4 Version :  Ultimate Fractals MT4 Features :  Customizable Fractal Candle count. Reversal Lines. Customizable Settings. User-Friendly Interface.  Main Parameters:  Candles On Left - numb

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/

The indicator displays a renko chart and a supertrend indicator in real time. After installing the indicator, the window will display the Renko chart and the supertrend indicator in the same window. This allows you to more clearly and visually see the entry and exit points when a trend reversal occurs. The signal to open a position is the intersection of the Renko candlestick of the supertrend indicator point and the appearance of the opposite signal of the supertrend indicator. The indicator

Because style matters I know how annoying it is to click properties every time to change the candle’s color, the background to light or dark, and put or remove the grid. Here is the solution with one click: Three customizable buttons to choose the candle style that traders want. One button to switch between Day and Night mode. One button to show or hide the Grid on the charts.  *****On the settings, you can choose where the buttons should be displayed on the screen***** Also, consider checking m

Lorentzian A.I Indicator System Revolutionize your trading strategy with the Lorentzian A.I Indicator System, an advanced tool designed for traders who demand precision and adaptability. Whether you're trading Crypto, Indices, Forex, or Stocks, this state-of-the-art indicator uses cutting-edge technology to keep you ahead of the market. Key Features: Advanced Lorentzian Classification (LC): Utilize sophisticated LC algorithms to generate precise buy and sell signals, ensuring you make informed

Adaptive Moving Average (AMA) is a trend indicator using moving average and market noise filter. Indicator feature are blue and red points, showing the power of trend. Recommendations for trading: Auxiliary Indicator Detecting trend Detecting power of trend Detecting potential reversal points Main indicator Shows entry points for swing trading Serves as dynamic support and resistance Recommendations for use: Any instrument Any timeframe Input parameters: Period - AMA period Fast Period - fast MA

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.

BREAKOUT-SESSION-BOX ASIA LONDON/EU US watch the expectation of a volatile movement above or under the opening range We take the high of the range as Entry for a long trade and SL will be the low of the range and vs. the low of the range as Entry for a short trade and the high for SL The size of the range is the distance to the TP (Take Profit) The range of the opening hours should not be larger than about 1/3 of the average daily range 3 breakout examples are already predefined: Asia, London/E

RoundNumbers  indicator is a simple and powerful psychological price levels. Trader usually use these levels as a  Support and Resistance (SnR). Indicator Input: Levels  - Numbers of levels drawn on chart.  Default 30 levels. BoxSize  - Box size drawn on each levels, indicate buffers around levels.  Default value 1pips (10point) above and below each levels. ZoneSize  - Distance between each levels,  default value 10pips (100point). Style & Colours  - User inputs customization. For MT4 version, p

This Mt5 Indicator Signals when there is two opposite direction bars engulfed by current bar.  has a recent Exponential Moving Average Cross and past bar was oversold/bought Expert Advisor Available in Comments  Free Version Here : https://www.mql5.com/en/market/product/110114?source=Site&nbsp ; Full Alerts for mt5 terminal , phone , email, print to file, print to journal  Buy Signal ( blue line ) Past ema cross ( set at 30 bars back ) Past bar rsi is oversold ( level 40  ) Engulfing bar closes

VR Ticks   is a special indicator for scalping-based strategies. Thanks to this indicator, the trader can see the tick chart directly on the main chart of the financial instrument. A tick chart allows you to enter a position into the market or close a position in the market as accurately as possible. VR Ticks plots tick data in the form of lines that change color depending on the direction - this allows you to visually understand and assess the situation on ticks. The advantage of tick charts i

This indicator was created based on posts from forex factory thread titled There is no Magic Moving Average - You need only one - by @andose2 a.k.a Andrei Florin. If you want to know about how to use this trading strategy please go and read  https://www.forexfactory.com/thread/691864-there-is-no-magic-moving-average-you. Note: Below are extracts some of the posts . Estabilish a trend, based on Market Cycles, then go   only long in the Markup Phase   and   only short in the Decline phase ,  

This indicator can be considered as a trading system. It offers a different view to see the currency pair: full timeless indicator, can be used for manual trading or for automatized trading with some expert advisor. When the price reaches a threshold a new block is created according to the set mode. The indicator beside the Renko bars, shows also 3 moving averages. Features renko mode median renko custom median renko 3 moving averages wicks datetime indicator for each block custom notificatio

Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period. Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!

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

"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

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one or more bars in order to confirm the color (trend) change. Input parameters Candle shift for alert: Default is 1. Setting it to 0 will alert you on color change on the current candle. This should be regarded as a pending (uncon

MomoPoints is an indicator that shows long and short entry/add points on the chart. Based on momentum and trend strength, MomoPoints show entries/adds with a good risk to reward ratio. Settings ---------------------------------- Design: Colors, size and wingdings (graphic symbol) of the signal can be adjusted. Signal Settings: Moving average period, trend strength, distance from moving average to price and RSI period can be set. Signal values can be displayed as a comment to set th

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

The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread

VWAP Fibo Bands RSJ is an indicator that traces the lines of the daily VWAP and from it creates bands using Fibonacci proportions. This spectacular indicator creates 10 band levels through the selected VWAP period using Fibonacci ratios. It is fantastic how the prices respect each level of the bands, where it is possible to realize that almost every time the price closes above / below a level of the bands he will seek the next one. If close above will seek to reach the level above and if close

Descubre el poderoso aliado que te guiará en el laberinto de los mercados financieros. Este indicador revolucionario te llevará de la incertidumbre a la claridad, permitiéndote identificar con precisión los puntos de inflexión del mercado. Mejora tus decisiones de entrada y salida, optimiza tus operaciones y ¡multiplica tus ganancias con confianza. Ahora con alertas en tu pc o móvil ¡Para más información, te invitamos a unirte a nuestro canal de Telegram en   https://t.me/Profit_Evolution  ¡

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

The Expert Advisor for this Indicator can be found here:  https://www.mql5.com/en/market/product/115567 The Contraction/Expansion Breakout Lines with Fair Value Gaps (FVGs) Indicator for MetaTrader 5 (MT5) is a powerful technical analysis tool designed to help traders identify and visualize breakouts at critical levels of contraction and expansion in financial markets. By incorporating Fair Value Gaps (FVGs), this indicator enhances traders' ability to gauge market sentiment and anticipate poten

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.

FVG Fair Value Gap is an indicator that plot rectangle for last found fair value gap. There will be a total of eight fair value gaps. Four is bullish fair value gaps and another four is bearish fair value gaps. Bullish Fair Value Gaps Top Bullish/Bearish Fair Value Gap is the gap that will obey the "Recent candles" and "Nearby Size In Pips" parameters. This fair value gap will be above current price. Bottom Bullish/Bearish Fair Value Gap is the gap that will obey the "Recent candles" and "Nearb

This indicator uses the Average True Range (ATR) to dynamically calculate and plot take-profit (TP) and stop-loss (SL) levels for trading positions. By leveraging the ATR, the indicator adapts to market volatility, ensuring that TP and SL levels are placed at optimal distances to account for price fluctuations. Key Features: ATR-Based Calculations: The indicator uses the ATR, a popular measure of market volatility, to determine the appropriate distance for both TP and SL levels. This ensures tha

Draw and Sync Objects Multiple Charts 1. Draw objects by key press. ( You must: 1.  Press Function key => 2. Click where you want to draw => 3. Draw it => 4. Press ESC to complete). (If you don't want to draw after pressing function key, you must press ESC to cancel). 2. Developing  : Sync selected objects to multiple charts by button. 3. Developing: Hide objects that do not belong to the current symbol (Objects drawn with this indicator will belong to the symbol they are plotted on. When your c

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,

Probability emerges to record higher prices when RVi breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, a lot of times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by last screenshot. Furthermore, divergence   is confirmed in

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

Moving Average Crossover Alerts by Chart Walker The Moving Average Crossover Alerts Indicator is designed to help traders identify potential trend reversals and entry/exit points in the market. By tracking two moving averages—typically a faster (short-term) and a slower (long-term) one—the indicator generates alerts whenever these moving averages cross. Key Features: Customizable Moving Averages: Choose from various types of moving averages (SMA, EMA, WMA, etc.) and set your desired periods fo

The TTM Squeeze is a trading strategy developed by John Carter of Trade the Markets that uses the combination of Bollinger Bands and Keltner Channels to identify periods of low volatility, followed by periods of high volatility. The strategy is based on the principle that low volatility periods are typically followed by high volatility periods and is used to identify potential trading opportunities. When the Bollinger Bands move inside the Keltner Channels, it is referred to as a squeeze, and i

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; surely, 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

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

The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips . You can also display levels in multiples of 25   pips   . When the price reaches the level, an alert or push notification is displayed. MT4 version  https://www.mql5.com/en/market/product/69486 Settings Show Levels 100 pips - show levels that are multiples of 100   pips Show Levels 50 pips - show levels

INTRODUCTION : The breakout strength meter is a trading tool that is used to identify which currencies are the strongest to breakout, and which currencies are the weakest to breakout. The settings for the indicator are easy, and if you cannot find the settings, please leave a comment The tools are completely free to use Please, if you like the indicator, please leave a comment and rate the indicator in order to develop it

Simple ATR (Average True Range) Channel to find your Stop Loss and/or Take Profit. Indicator allows to draw a second multiplier if you need different values for SL and TP. Leave the second multiplier to 0 if not used. Settings + Length + Smoothing  + Multiplier #1 (default 1.5) + Multiplier #2 (set to 0 if not used) + High price + Low price + show price line + colors can be changed Please leave wishes in the comments. Reviews are also welcome.

Use this indicator to get alerts on trends developing within the market. Using this indicator, you will be able to get alerts about trends that are developing in the market as they develop. This indicator can be used to identify entries or exits within a trend. The indicator combines information from higher timeframes, with price movements of the current timeframe to output a buy or sell signal. The indicator can identify trend changes, or continuations of the dominant trend. Note: Trend followi

Highly configurable Macd indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: Stochastic RSI Timeframe:  You can set the lower/higher timeframes for Stochastic RSI. Stochastic RSI

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

Think of the Super Fractal Indicator as the Bill WIlliams Indicator on Steroids. Indicator Abilities: 1. Adjust Candle around Fractal High or Low. 2. Adjust Lookback period and only plot for a specific number of history candles avoiding cluttering your trading desk. 3. The Indicator uses buffers so you call and use it from any EA. Note : The higher the candles around Fractal, the stronger the Turning point anfd viceversa is true.

For those who like trend the Force will be a very useful indicator. This is because it is based on the famouse ADX, which measure the strenght of a trend, but without its 3 confusing lines. Force has its very simple interpretation: if the histogram is above zero level the trend is up, otherwise it is down. You can use it to find divergences too, which is very profitable. Thanks to Andre Sens for the version 1.1 idea. If you have any doubt or suggestion, please, contact me. Enjoy! This is a fre

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

I'm sure after a lot of research on the internet, you haven't found any indicator that can help you with forex or binary trading in the latest probability strategy created by famous trader Ronald Cutrim. The strategy is based on a simple count of green and red candles, checking for a numerical imbalance between them over a certain period of time on an investment market chart. If this imbalance is confirmed and is equal to or greater than 16%, according to trader Ronald Cutrim, creator of the pro

Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,