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New Technical Indicators for MetaTrader 5 - 41
![icon](https://c.mql5.com/i/market/market-icon.png)
![Analytical cover](https://c.mql5.com/31/717/analytical-cover-logo-200x200-3355.png)
The Analytical cover trend indicator is a revolutionary trend trading and filtering solution with all the important features of a trend tool built into one tool! The Analytical cover indicator is good for any trader, suitable for any trader for both forex and binary options. You don’t need to configure anything, everything is perfected by time and experience, it works great during a flat and in a trend.
The Analytical cover trend indicator is a tool for technical analysis of financial markets
![KT Trend Wave MT5](https://c.mql5.com/31/719/kt-trend-wave-mt5-logo-200x200-4825.png)
KT Trend Wave is an oscillator based on the combination of Price, Exponential, and Simple moving averages. It usually works great to catch the short term price reversals during the ongoing trending market. The bullish and bearish crossovers of the main and signal lines can be used as buy/sell signals (blue and yellow dot). It can also be used to find the overbought and oversold market. The buy and sell signals that appear within the overbought and oversold region are usually stronger.
Feature
![OBOS Overbought Oversold indicator for MT5](https://c.mql5.com/31/717/obos-overbought-oversold-indicator-for-mt5-logo-200x200-7323.png)
OBOS indicator
OBOS Indicator is an exclusive indicator to spot entries based on price action.
The OBOS Indicator is both effective and user friendly.
Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache.
The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information.
Inputs of the indicator are:
MaxBars : number of bars to display in your chart Smoothing period : numb
![Tick Imbalance Bars](https://c.mql5.com/31/718/tick-imbalance-bars-logo-200x200-3726.png)
Tick imbalance bars (TIB), described in the book Advances in Financial Machine Learning (2018) by Marcos López de Prado. Indicator that show candlestick bars with an different sampling method than time fixed. Real time data is sourced to the indicator and it may be used as substitute of the default graph. Each bar is formed when a predefined tick balance is exceeded, showing in the graph the OHLC of this cluster of ticks. The input variable is the amount of ticks of each bar. The indicator may
FREE
![Support and Resistance of the Day](https://c.mql5.com/31/715/support-and-resistance-high-and-lows-of-the-day-logo-200x200-1088.png)
For more support and resistance check Support and Resistance for All Market Cycles
For more details of the inputs please enter our comunnity ( https://discord.gg/GHFZkKkEBq )
High and Low of the Day Highest and Lowest Close of the Day High and Low of Previous x Bars divided by x times (Variable based on inputs) Bars Maximum represents the max of previous bars you want Progression is how much lines you want, and consecutively how often is it divided bars maximum You can pick and choose what
FREE
![Kangaroo Forex MT5](https://c.mql5.com/31/717/kangaroo-forex-mt5-logo-200x200-5756.png)
The indicator is a trading system for AUDUSD or NZDUSD currency pairs.
The indicator was developed for time periods: M15, M30.
At the same time, it is possible to use it on other tools and time periods after testing.
"Kangaroo Forex" helps to determine the direction of the transaction, shows entry points and has an alert system.
When the price moves in the direction of the transaction, the maximum length of the movement in points is displayed.
The indicator does not redraw, all actio
![Super Cloud](https://c.mql5.com/31/717/super-cloud-logo-200x200-7035.png)
The Super Cloud indicator helps to determine the direction of the trend when trading. Shows on the chart signals about a possible upcoming trend change. The indicator provides an opportunity to detect various features and patterns in price dynamics that are invisible to the naked eye. Based on this information, traders can anticipate further price movement and adjust their strategy accordingly. Works on all timeframes except MN.
![Trend Direction ADX indicator for MT5](https://c.mql5.com/31/717/trend-direction-adx-indicator-for-mt5-logo-200x200-4571.png)
Trend Direction ADX indicator Trend Direction ADX is part of a serie of indicators used to characterize market conditions.
Almost any strategy only work under certain market conditions.
Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc..
Trend Direction ADX is an indicator to be used to characterize trend direction:
trending up trending down ranging Trend Direction ADX is based on ADX standard indicator.
![Trend Strength MA indicator for MT5](https://c.mql5.com/31/717/trend-strength-ma-indicator-for-mt5-logo-200x200-8888.png)
Trend Strength MA indicator Trend Strength MA is a part of a series of indicators used to characterize market conditions.
Almost any strategy only works under certain market conditions.
Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.
Trend Strength MA is an indicator to be used to characterize trend strength:
Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extrem
![Trend Direction Up Down indicator for MT5](https://c.mql5.com/31/717/trend-direction-up-down-indicator-for-mt5-logo-200x200-6633.png)
Trend Direction Up Down Indicator Trend Direction Up Down is part of a series of indicators used to characterize market conditions.
Almost any strategy only works under certain market conditions.
Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility.
Trend Direction Up Down is an indicator to be used to characterize trend direction (medium term trend):
trending up trending down ranging Trend Direction Up Down is ba
![KT Coppock Curve MT5](https://c.mql5.com/31/718/kt-coppock-curve-mt5-logo-200x200-8668.png)
KT Coppock Curve is a modified version of the original Coppock curve published in Barron's Magazine by Edwin Coppock in 1962. The Coppock curve is a price momentum indicator used to identify the market's more prominent up and down movements.
Features
It comes with up & down arrows signifying the zero line crossovers in both directions. It uses a simplified color scheme to represent the Coppock curve in a better way. It comes with all kinds of Metatrader alerts.
Applications It can provide
![Atr MTF](https://c.mql5.com/31/719/atr-mtf-logo-200x200-7820.png)
ATR MTF indicator means ATR in ALL TIME FRAMES
By running this indicator, you can see the current ATR number of all time frames on your chart, and you do not need to change the time frame .
The main ATR indicator of MetaTrader is not required anymore because by ATR MTF all your requirements to the average of the true range are solved and all ATR numbers will be shown in the optional position of the screen .
This indicator is published for free and it is forbidden to sell it to others.
I
FREE
![Sc MTF Relative Vigor Index RVI MT5](https://c.mql5.com/31/718/sc-mtf-relative-vigor-index-rvi-mt5-logo-200x200-7324.png)
Highly configurable Relative Vigor Index (RVI) indicator.
Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability ( higher and lower timeframes also) 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:
RVI Timeframe: You can set the lower/highe
FREE
![KT Volume Profile MT5](https://c.mql5.com/31/718/kt-volume-profile-mt5-logo-200x200-7008.png)
KT Volume Profile shows the volume accumulation data as a histogram on the y-axis providing an ability to find out the trading activity over specified time periods and price levels.
Point of Control (POC) in a Volume Profile
POC represents a price level that coincides with the highest traded volume within the whole volume profile histogram. POC is mostly used as a support/resistance or as an essential price level where market retest before going in a specific direction.
Features Very easy
![Hunttern ZigZag MT5](https://c.mql5.com/31/715/hunttern-zigzag-mt5-logo-200x200-3573.png)
Hunt markets with Hunttern ZigZag . Easy to use with one parameter
You can use it for the following: -Classic patterns -Heads and shoulders -Harmonic patterns -Elliott Wave -Support and resistance -Supply and Demand
Single parameter: -Period (1-120)
Features: -Candle time -Single parameter -Light mode template
This is version 1 of Hunttern ZigZag. We are very happy to receive feedback from you.
FREE
![Multi city time](https://c.mql5.com/31/717/multi-city-time-logo-200x200-8241.png)
主要城市的时间。北京时间、东京时间、悉尼时间、惠灵顿时间、纽约时间、法兰克福时间、伦敦时间、迪拜时间。 城市时间可选择开启或者关闭。 点差变色提醒。设置点差提醒点数,例如,设置100点,点差大于100点,文字会变红色。 Time in major cities. Beijing time, Tokyo time, Sydney time, Wellington time, New York time, Frankfurt time, London time, Dubai time. City time can be turned on or off. Dot difference color change reminder. Set the point difference reminder points. For example, set 100 points. If the point difference is greater than 100 points, the text will turn red.
FREE
![KT Risk Reward MT5](https://c.mql5.com/31/717/kt-risk-reward-mt5-logo-200x200-4948.png)
KT Risk Reward shows the risk-reward ratio by comparing the distance between the stop-loss/take-profit level to the entry-level. The risk-reward ratio, also known as the R/R ratio, is a measure that compares the potential trade profit with loss and depicts as a ratio. It assesses the reward (take-profit) of a trade by comparing the risk (stop loss) involved in it. The relationship between the risk-reward values yields another value that determines if it is worth taking a trade or not.
Featur
![KT Forex Sessions MT5](https://c.mql5.com/31/718/kt-forex-sessions-mt5-logo-200x200-6709.png)
KT Forex Session shows the different Forex market sessions using meaningful illustration and real-time alerts. Forex is one of the world's largest financial market, which is open 24 hours a day, 5 days a week. However, that doesn't mean it operates uniformly throughout the day.
Features
Lightly coded indicator to show the forex market sessions without using massive resources. It provides all kinds of Metatrader alerts when a new session starts. Fully customizable.
Forex Session Timings I
![KT Chop Zone MT5](https://c.mql5.com/31/718/kt-chop-zone-mt5-logo-200x200-9829.png)
It's a well-known fact that most of the financial markets trend only 30% of the time while moving in a closed range rest 70% of the time. However, most beginner traders find it difficult to see whether the markets are trending or stuck in a range. KT Chop Zone solves this problem by explicitly highlighting the market phase into three zones as Bearish Zone, Bullish Zone, and Chop Zone.
Features
Instantly improve your trading by avoiding trade during the sideways market (Chop Zone). You can al
![KT Absolute Strength MT5](https://c.mql5.com/31/718/kt-absolute-strength-mt5-logo-200x200-3175.png)
KT Absolute Strength measures and plots the absolute strength of the instrument's price action in a histogram form. It combines the moving average and histogram for a meaningful illustration. It supports two modes for the histogram calculation, i.e., it can be calculated using RSI and Stochastic both. However, for more dynamic analysis, RSI mode is always preferred.
Buy Entry
When the Absolute Strength histogram turns green and also it's higher than the previous red column.
Sell Entry
W
![KT Donchian Channel MT5](https://c.mql5.com/31/718/kt-donchian-channel-mt5-logo-200x200-9081.png)
KT Donchian Channel is an advanced version of the famous Donchian channel first developed by Richard Donchian. It consists of three bands based on the moving average of last high and low prices. Upper Band: Highest price over last n period. Lower Band: Lowest price over last n period. Middle Band: The average of upper and lower band (Upper Band + Lower Band) / 2. Where n is 20 or a custom period value is chosen by the trader.
Features
A straightforward implementation of the Donchian channel
![KT Auto Trendline MT5](https://c.mql5.com/31/718/kt-auto-trendline-mt5-logo-200x200-8148.png)
KT Auto Trendline draws the upper and lower trendlines automatically using the last two significant swing highs/lows. Trendline anchor points are found by plotting the ZigZag over X number of bars.
Features
No guesswork requires. It instantly draws the notable trendlines without any uncertainty. Each trendline is extended with its corresponding rays, which helps determine the area of breakout/reversal. It can draw two separate upper and lower trendlines simultaneously. It works on all timefr
![KT Inside Bar MT5](https://c.mql5.com/31/718/kt-inside-bar-mt5-logo-200x200-5297.png)
KT Inside Bar plots the famous inside bar pattern in which the bar carries a lower high and higher low compared to the previous bar. The last bar is also known as the mother bar. On smaller time-frames, the inside bar sometimes appears similar to a triangle pattern.
Features
Also plots entry, stop-loss, and take-profit levels with the inside bar pattern. No complex inputs and settings. Erase unwanted levels when the price reaches the entry line in either direction. All Metatrader alerts incl
![KT ROC Divergence MT5](https://c.mql5.com/31/718/kt-roc-divergence-mt5-logo-200x200-1360.png)
KT ROC divergence shows the regular and hidden divergences build between the price and Rate of change oscillator. Rate of change (ROC) is a pure momentum oscillator that calculates the change of percentage in price from one period to another. It compares the current price with the price "n" periods ago. ROC = [(Close - Close n periods ago) / (Close n periods ago)] * 100 There is an interesting phenomenon associated with ROC oscillator. In ROC territory there is no upward limit, but there is a do
![KT RSI Divergence MT5](https://c.mql5.com/31/718/kt-rsi-divergence-mt5-logo-200x200-8412.png)
KT RSI Divergence shows the regular and hidden divergences built between the price and Relative Strength Index (RSI) oscillator. Divergence can depict the upcoming price reversal, but manually spotting the divergence between price and oscillator is not an easy task.
Features
Ability to choose the alerts only for the divergences that occur within an overbought/oversold level. Unsymmetrical divergences are discarded for better accuracy and lesser clutter. Support trading strategies for trend r
![Power Arrow Indicator Pro MT5](https://c.mql5.com/31/719/power-indicator-pro-mt5-logo-200x200-8759.png)
Best indicator for MT5 providing accurate and sniper signals to enter a trade without repainting!
It can be applied to any financial assets: forex, synthetic, cryptocurrencies, metals, stocks, indices . It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of the Power Indicator Pro.
Benefits of the Power Indicator Pro
Entry signals without repa
![KT Average Daily Range MT5](https://c.mql5.com/31/719/kt-average-daily-range-mt5-logo-200x200-5744.png)
KT Average Daily Range(ADR) shows the upper and lower levels using the average daily range covered by the currency pair or the instrument. The average daily range is calculated using the chosen period in the input settings. ADR High: ADR upper level is found by adding the average daily range value to the current day's low.
ADR Low: ADR lower level is found by subtracting the ADR value from the current day's high.
Features
It shows the ADR levels with several other helpful information bene
![MACD Alerts MT5](https://c.mql5.com/31/719/macd-alerts-mt5-logo-200x200-7218.png)
KT MACD Alerts is a personal implementation of the standard MACD indicator available in Metatrader. It provides alerts and also draws vertical lines for the below two events: When MACD crosses above the zero line. When MACD crosses below the zero line.
Features It comes with an inbuilt MTF scanner, which shows the MACD direction on every time frame. A perfect choice for traders who speculate the MACD crossovers above/below the zero line. Along with the alerts, it also draws the vertical line
![PriceRunner MT5](https://c.mql5.com/31/719/pricerunner-mt5-logo-200x200-3651.png)
PriceRunner MT5 The PriceRunner indicator is based on pure relative power. It gives promising results even in M1 timeframes in currency pairs and M2 in commodities and cryptos. The indicator is designed with user-friendly and simple settings. It is very suitable even for beginners who are interested in indicators and strategies. I am ready to make improvements on the indicator in line with the needs of those who buy or rent. However, even in its current state, you can see very promising results
![TrendLiness MT5](https://c.mql5.com/31/715/trendliness-mt5-logo-200x200-7190.png)
If you want to find good trading opportunities, then you must trade near the Trend Line. This allows you to have a tighter stop loss on your trades — which improves your risk to reward . But that’s not all… Because if you combine Trend Line with Support and Resistance, that’s where you find the best trading opportunities. Now you might wonder: “So when do I enter a trade?” Well, you can use reversal candlestick patterns (like the Hammer, Bullish Engulfing, etc.) as your e
![Volume Delta VolScalping](https://c.mql5.com/31/716/volume-delta-volscalping-logo-200x200-4386.png)
VOLUME DELTA Volscalping This indicator, for each price candle, draws a Delta candle, which is the difference between the contracts bought and sold. The candle will be red and negative if the contracts traded in the bid (sold) exceed those in the ask, on the contrary, the candle will be green and positive if the contracts traded in ASK (bought) exceed those in the bid.
ATTENTION: The indicator only works with brokers that provide real market data flow, and that divide the contracts struck in
![Supertrend Line](https://c.mql5.com/31/717/supertrend-line-logo-200x200-1214.png)
The Supertrend indicator was originally created by a french fellow named Olivier Seban , and its goal is to identify the Primary Trend of prices . Its calculation is easy and based on the average of Highs and Lows and then we add the volatility of a custom period, plus a multiplier. This way we get the Supertrend Line. You can find in the web several approaches and trading strategies using this very useful indicator.
HOW TO "READ" THIS INDICATOR
If the closing prices are above Supertrend Line
FREE
![Delta Cumulative Volume](https://c.mql5.com/31/716/delta-cumulative-volume-logo-200x200-7891.png)
this indicator detects the difference between the contracts struck in bid and in ask (aggression) for each single candle.
the indicator shows in the dedicated window below the price chart, candles given precisely by the difference between the contracts sold and purchased, which generate the volumetric strength of the market.
it is possible (see from the screenshots) how to select only the cumulative candlestick delta chart, or even with a trendline of the candles themselves: by selecting th
![Cumulative Delta Volume](https://c.mql5.com/31/716/cumulative-delta-volume-logo-200x200-7692.png)
this indicator detects the difference between the contracts struck in bid and in ask (aggression) for each single candle.
the indicator shows in the dedicated window below the price chart, candles given precisely by the difference between the contracts sold and purchased, which generate the volumetric strength of the market.
it is possible (see from the screenshots) how to select only the cumulative candlestick delta chart, or even with a trendline of the candles themselves: by selecting th
![Volume Convergence](https://c.mql5.com/31/716/volume-convergence-logo-200x200-7093.png)
this indicator shows the strength of the real volume against the price. if the price chart and the volume trend have the same trend, it means that everything is regular. if the indicator diverges from the price chart, it means that reversal is close. when the price goes up and the "volume convergence" chart goes down, it means that money is exiting the market, sellers are selling on the rise and the price should soon start to plummet. conversely, if the "volume convergence" graph goes up while
![Convergence Volume](https://c.mql5.com/31/716/convergence-volume-logo-200x200-2506.png)
this indicator shows the strength of the real volume against the price. if the price chart and the volume trend have the same trend, it means that everything is regular. if the indicator diverges from the price chart, it means that reversal is close. when the price goes up and the "volume convergence" chart goes down, it means that money is exiting the market, sellers are selling on the rise and the price should soon start to plummet. conversely, if the "volume convergence" graph goes up while
![LT Easy Trend](https://c.mql5.com/31/715/lt-easy-trend-logo-200x200-5858.png)
Easy Trend , as the name implies, is an indicator that easily shows the prevailing trend by bringing several indicators into one. The strategy is: when all indicators point in the same direction a signal is triggered. When red, is a signal to sell, when blue, signal to buy. It is that simple :) There are a total of 9 indicators: Moving Average, RSI, CCI, Parabolic SAR, William's Range, Stochastic, MACD, ADX and Heiken Ashi. It is possible to configure each of these indicators to suit your way of
![Buy Sell Signal Low TF](https://c.mql5.com/31/715/buy-sell-signal-low-tf-logo-200x200-6304.png)
Buy Sell Signal Low TF gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern in low timeframe. 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 components of Buy Sell Signal Low TF: - The trend is determined by SMMA 13 , SMMA 21 and SMMA 35 ( can be changed manually to suit your preference). - The signal is
FREE
![True Oversold Overbought MT5](https://c.mql5.com/31/826/true-oversold-overbought-mt5-logo-200x200-7156.png)
The True Oversold Overbought indicator provides you with ability to swiftly check whether the asset is oversold or overbought. Other than complementing your trading with True Oversold Overbought, you can use the indicator as your only trading system. It works with all forex instruments and will save you the headache of estimating when the market is due for a reversal or retracement. When the "Super Charge" feature is enabled, the areas where the price is in oversold/overbought status are ampli
![Smart Moving Averages indicator for MT5](https://c.mql5.com/31/716/smart-moving-averages-indicator-for-mt5-logo-200x200-9888.png)
Smart Moving Averages Indicator Smart Moving Averages is an exclusive indicator for Metatrader platform.
Instead of calculating moving averages for the selected chart time frame, the Smart Moving Averages indicator gives you the opportunity to calculate moving averages independently from the chart time frame.
For instance you can display a 200 days moving average in a H1 chart.
Inputs of the indicator are:
Timeframe : timeframe to be used for the calculation of the moving average Perio
![Bar Strength Divergence indicator for MT5](https://c.mql5.com/31/716/bar-strength-divergence-indicator-for-mt5-logo-200x200-1101.png)
Bar Strength Divergence Indicator BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.
BarStrength Indicator shows the strength of each candle.
The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market.
Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles.
Once candle is near sup
![High Low indicator for MT5](https://c.mql5.com/31/716/high-low-indicator-for-mt5-logo-200x200-2081.png)
HighLow Arrow Indicator HighLow Arrow is a simple indicator to be used to signal major lows and major highs in your chart.
This indicator is not intended to be used to trade alone but more as an alert that a turning point might be forming.
In this case the HighLow Arrow indicator signals that a new high or a new low is forming and that traders can prepare for seeking new signals.
The formation of the High or the Low is confirmed after 2 bars have been closed. In the meantime, the alert ca
![Symbol Trading Sessions](https://c.mql5.com/31/715/symbol-trading-sessions-logo-200x200-9795.png)
This indicator shows you the time of the opening and close of the trading time of every symbol. If it's out of the trading time it will show you a message in the screen, you can choose "PT-BR" or "ENG". For future updates i want to trigger a sound alarm in the preset value by the client for the opening of positions and closement of all positions.
If you want anything more than that just message me in the community ( https://discord.gg/P5mcttvXgw ) and I will update it for you!
FREE
![Daily Pivots Multi indicator for MT5](https://c.mql5.com/31/716/daily-pivots-multi-indicator-for-mt5-logo-200x200-1785.png)
Daily Pivots Multi Indicator Daily Pivots Multi is an exclusive indicator to draw your pivots levels and much more.
Most indicators draw daily pivots for the day. Daily Pivots Multi is able to draw levels for different days.
The indicator can do the calculation for unlimited number of days backward. It means that you can draw the levels for today but also for the past days.
This is very useful if you want to study a strategy with Pivots levels over a period of time.
Another problem is th
![Breakout Impulse indicator for MT5](https://c.mql5.com/31/716/breakout-impulse-indicator-for-mt5-logo-200x200-1201.png)
Breakout Impulse Indicator Breakout Impulse Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Breakout Impulse is a multi-bar pattern.
The purpose of the pattern is to identify a fast change in momentum.
This type of change can announce the start of a big directional move.
Inputs of the indicator are:
Distance : distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars : number of bars back u
![Matrix indicator for MT5 by ITC](https://c.mql5.com/31/716/matrix-indicator-for-mt5-by-itc-logo-200x200-7258.png)
Matrix Indicator Matrix Indicator is a simple but effective indicator.
Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator.
This makes it easy to identify when all indicators are aligned and spot high probability entries.
Inputs of indicator are:
Indicator: RSI, Stochastic, CCI, Bollinger Bands Param1/Param2/Param3: usual settings for the indicator ValueMin: Oversold level for oscillator ValueMax: Overbought level for oscillator The indicator
![BOX Breakout Trading](https://c.mql5.com/31/716/box-breakout-trading-logo-200x200-5452.png)
A new box will be added, if the closing price is higher than the maximum (lower than the minimum) of the current box series no less than for the specified value. Reversal will be made, if the closing price is higher (lower) than the last box on a value no less than the specified.
T his is a trend indicator and it can be used as an alternative for the trend definition instruments which use averaging.
FREE
![Spread Monitor MT5](https://c.mql5.com/31/715/spread-monitor-mt5-logo-200x200-5974.png)
This is a usefull utility for monitoring spread and also for recording informations to a file. (Files will be placed into "Common\Files\Spread Monitor"). There is the possibility to let the indicator calculate high/low into the past thanks to downloading ticks. (It's a slow and approsimate thing! The best way to use it is to attach to a chart and let it recording spread in real time). There is also a buffer with the average of spread in latest X periods.
Easy and effective.
FREE
![Advanced Bollinger Bands RSi MT5](https://c.mql5.com/31/1002/advanced-bollinger-bands-rsi-mt5-logo-200x200-1132.png)
[ MT4 Version ] [ EA ] Advanced Bollinger Bands RSI MT5 Advanced Bollinger Bands RSI is an Indicator based on the functionalities of the Advanced Bollinger Bands RSI EA . The scope of this indicator is to provide a more affordable solution for users interested in the alerts coming out of the strategy but not in Autotrading. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or ov
![Alert System](https://c.mql5.com/31/716/alert-system-logo-200x200-8273.png)
Alert System You use function keys to create horizontal lines for alerts. 1. Allow set horizontal line properties (line color, line style, line width, ...) for alerts. 2. Allow add text to horizotanl line. You can hide or show text when you need. You can change text and its price, but time of text will be set in input named "text_time" (0 is current time, you should test this input with -1, -2, -3 or lower). 3. It has 2 types of alert: above and bellow. You can set key to create them. If price i
FREE
![KT Trend Magic MT5](https://c.mql5.com/31/715/kt-trend-magic-mt5-logo-200x200-7877.png)
KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA or indicator.
Features
Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a
![FX Stewards EA Signal Alert](https://c.mql5.com/31/768/fx-stewards-ea-signal-alert-logo-200x200-5985.png)
The FX Stewards EA Signals Alert Indicator works with every trading instrument(including synthetic indices). The signals indicator assists with choosing which instrument to trade and the direction to take(follow the trend - the trend is your friend), making it easer for you to enter, re-enter or exit a trade with confidence(you're, however, still required to confirm entry before entering as it might be a false breakout - you'll get multiple contradicting alerts in this instance(mainly in a rangi
![TM Auto Trendline](https://c.mql5.com/31/716/tm-auto-trendline-logo-200x200-3224.png)
Automatic trend lines. Type 1. With two extremums. 1) From the current bar "go" to the left and look for the first (right) extremum point with the InpRightExmSide bars on both sides. 2) From the first point again "go" to the left and look for the second (left) extremum point with the InpLeftExmSide bars on both sides.
![The sometimes always accurate indicator](https://c.mql5.com/31/726/the-sometimes-always-accurate-indicator-logo-200x200-4935.png)
This system is good at identifying short term reversals in the market. It is based on a machine learning study on market structure, and can be a great tool to scan the market or direct trades. With everything, there isn't a 100% win-rate, but this indicator is sometimes always accurate. When it thinks a reversal will happen, it will color the candle a specific color, draw an arrow and then alert you on whether to buy or sell the upcoming candle. Simple Setup Drag and drop onto any chart, at
![SQN Max indicator for MT5 by ITC](https://c.mql5.com/31/713/sqn-max-indicator-for-mt5-by-itc-logo-200x200-3294.png)
Sqn Max Indicator Sqn Max is an exclusive indicator to trade the market with high effectiveness.
The indicator is based on price action, volatility and trend.
This indicator is as simple as possible but not too simple.
The indicator can generate alerts to ease the trading process. You don't have to stay all day in front of your screen.
The indicator can be used with any class of assets and with any time frame.
It is possible to achieve better results trading our list of selected assets.
W
![FX Levels Premium indicator for MT5](https://c.mql5.com/31/713/fx-levels-premium-indicator-for-mt5-logo-200x200-9967.png)
Fx Levels Premium Indicator Support and Resistance are important concepts in trading. Fx Levels Premium was created to easily draw important levels of support and resistance for the active trader.
The indicator will give you all important levels (support/resistance) to watch for a wide range of assets.
Trading without these levels on your chart is like driving a car for a long journey without a roadmap. You would be confused and blind.
Support and resistance levels should be used as guidel
![Auto Fibonacci](https://c.mql5.com/31/712/auto-fibonacci-logo-200x200-9154.png)
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
FREE
![VWAP indicator for MT5](https://c.mql5.com/31/712/vwap-indicator-for-mt5-logo-200x200-4971.png)
Moving VWAP Indicator Moving VWAP is an important indicator drawing the Volume-Weighted Average Price (VWAP).
The VWAP is a reference used by institutional traders and acts as a level of support / resistance.
If price is above VWAP then means market is bullish.
If price is below VWAP then means market is bearish.
It can be used to enter in the market with low risk (near VWAP) and also identify the correct direction of the market.
The Moving VWAP is as simple as a Simple Moving Average.
![Mean Volume indicator for MT5](https://c.mql5.com/31/713/mean-volume-indicator-for-mt5-logo-200x200-8013.png)
Mean Volume Most indicators are based on price analysis.
This indicator is based on volume. Volume is overlooked piece of information in most trading systems.
And this is a big mistake since volume gives important information about market participants.
Mean Volume is an indicator that can be used to spot when volume is above average.
It usually means that institutional traders are active.
Peak in volume can be used to confirm an entry since increased volume can sustain the move in one or
![Naked Forex Pin Bar indicator for MT5](https://c.mql5.com/31/713/naked-forex-pin-bar-indicator-for-mt5-logo-200x200-3975.png)
Pin Bar Indicator
The Pin Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The strategy that comes with the Pin Bar pattern is based on price action.
Inputs of the indicator are:
Distance : distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable alerts in the popup window EmailAlerts (true/false): enable email alerts PushAle
![News impact](https://c.mql5.com/31/712/news-impact-logo-200x200-1239.png)
Choose the best trading tool: The impact of news on the exchange rate of a currency pair! As a news source you can use: Terminal calendar or Investing.com website In the second case, you will additionally need the Get News5 utility. The indicator combines well with the Trade maker utility, providing multi-currency trading. Calculates: indices of the impact of current news on currency pairs, taking into account market expectations. actual trend directions for 5 customizable timeframes and levels
![Trend Arithmetic MT5](https://c.mql5.com/31/713/trend-arithmetic-mt5-logo-200x200-7322.png)
The indicator determines the strength of the trend and its possible reversal points, based on the author's arithmetic approach .
Each new peak or trough is a trend development. Such peaks and troughs are numbered so that the strength of the trend development can be seen. Attempts to change the trend are also numbered. This gives an understanding of a possible change in the direction of the trend. Indicator signals are generated when trying to change the trend .
In the settings, it i
![Fisher Kuskus indicator for MT5](https://c.mql5.com/31/712/fisher-kuskus-indicator-for-mt5-logo-200x200-4177.png)
Fisher Kuskus Indicator Fisher Kuskus is an indicator used by scalpers on low time frames like M1.
The Fisher Kuskus is now available for Metatrader platform.
Inputs of the indicator are:
Period : period to be used for calculation of the indicator PriceSmoothing : value of 0.0 to 0.99 IndexSmoothing : value of 0.0 to 0.99 The indicator can be used with any time frame.
It can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos. Other indicators for
![Normalized Volume indicator for MT5](https://c.mql5.com/31/712/normalized-volume-indicator-for-mt5-logo-200x200-2601.png)
Normalized Volume99% of indicators are based on price analysis.
This indicator is based on volume. Volume is overlooked piece of information in most trading systems.
And this is a big mistake since volume gives important information about market participants.
Normalized Volume is an indicator that can be used to confirm reversal points.
The indicator code volume with colors indicating high, normal and low volume.
You could enhance dramatically your trading system using volume analysis.
![FX Sniper Yellow indicator for MT5](https://c.mql5.com/31/713/fx-sniper-yellow-indicator-for-mt5-logo-200x200-4207.png)
FX Sniper Yellow Indicator FX Sniper Yellow is an exclusive leading indicator to trade Forex with your Metatrader trading platform.
FX Sniper Yellow is able to analyze market participants behavior and to predict changes in the price direction even before movement starts.
Most indicators are lagging indicators and are useless. FX Sniper Yellow is a unique leading indicator .
The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of
![FX Sniper Magenta indicator for MT5](https://c.mql5.com/31/713/fx-sniper-magenta-indicator-for-mt5-logo-200x200-5850.png)
FX Sniper Magenta Indicator FX Sniper Magenta is an exclusive and leading indicator to trade Forex with your Metatrader trading platform.
FX Sniper Magenta is able to analyze market participants behavior and to predict changes in the price direction even before movement starts.
Most indicators are lagging indicators and are useless. FX Sniper Magenta is a unique leading indicator .
The indicator displays arrows in your chart (please see screenshot attached) showing the probable direc
![FX Sniper Orange indicator for MT5](https://c.mql5.com/31/713/fx-sniper-orange-indicator-for-mt5-logo-200x200-1831.png)
FX Sniper Orange Indicator FX Sniper Orange is an exclusive indicator to spot situations where market has gone too far and market could reverse soon after.
The indicator displays arrows in your chart indicating probable future price action (see screenshot attached).
FX Sniper Orange never repaints. Once candle is closed signal is confirmed and arrow will never disappear.
Users of the indicator can setup alerts when new arrows are displayed in the chart.
Inputs of the indicator are:
D
![Keltner Channel indicator for MT5](https://c.mql5.com/31/713/keltner-channel-indicator-for-mt5-logo-200x200-1649.png)
Keltner Channel Indicator Keltner Channel is an oscillator like Bollinger Bands.
Keltner Channel is a very good tool to time entries for your strategy.
Keltner Channel displays a channel where price is supposed to stay unless we are in overbought or oversold situations.
Various strategies use Keltner Channel indicator successfully to spot overbought / oversold situations and look for reversals.
Keltner Channel indicator uses ATR to determine overbought and oversold situations. Inputs of the
![Naked Forex Engulfing Bar indicator for MT5](https://c.mql5.com/31/713/naked-forex-engulfing-bar-indicator-for-mt5-logo-200x200-8431.png)
Engulfing Bar IndicatorEngulfing Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Engulfing Bar indicator is an enhanced pattern of the popular Engulfing Bar to keep only the best patterns produced in the market.
The strategy that comes with the Engulfing Bar is based on price action.
Inputs of the indicator are:
Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/
![JS Daily MT5](https://c.mql5.com/31/714/js-daily-mt5-logo-200x200-5955.png)
This indicator shows your daily profit for each chart. Please let me know in the comment section or via the MQL5 chat if you want find any problem, or if you want any specific features for this indicator. How to use:
Attach the indicator to the chart you want to see your profit. You can change the color of the indicators. (Currently positive figures are green, and negative are red) You can display the profit for pair it is attached, or for the whole account (all the pairs)
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Read the MQL5.community User Memo to learn more about the unique services that we offer to traders: copying trading signals, custom applications developed by freelancers, automatic payments via the Payment System and the MQL5 Cloud Network.
![MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal](https://c.mql5.com/i/registerlandings/logo-2.png)
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