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New Technical Indicators for MetaTrader 5 - 64

icon Signals from technical indicators play a crucial role in opening and closing deals on stock and Forex markets. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting future price changes. Test technical indicators to better predict market behavior and profit from it.
Angle Dashboard for MT5
Taras Slobodyanik
5 (1)
This is a multicurrency and multitimeframe indicator that calculates the angle between two points. Points for measuring the angle can be taken from the ZigZag (the last two points), or from the Moving Average (between two given bars), or it can be the closing prices of bars. Angle measurement is possible in degrees or in radians. You can select the scale for the calculation. For a better understanding of the indicator, you can study the free Angle High Low indicator. In the parameters you can
Trailing Uses Standard Deviation.   A daptive_Trailing_uses_StdDev_Indicator is an indicator of directional movement that allows you to identify a trend at the time of its inception and set the levels of a protective stop. Unlike trailing with a constant distance, the indicator uses the distance to the price proportional to the current standard deviation of StdDev. The distance is equal to the product of the standard deviation and the constant coefficient set by the user. Thus, the traili
KT CCI Divergence MT5
KEENBASE SOFTWARE SOLUTIONS
KT CCI Divergence shows the regular and hidden divergence created between the price and CCI oscillator. Divergence is one of the vital signals that depicts the upcoming price reversal in the market. Manually spotting the divergence between price and CCI can be a hectic and ambiguous task. Limitations of KT CCI Divergence   Using the CCI divergence as a standalone entry signal can be risky. Every divergence can't be interpreted as a strong reversal signal. For better results, try to combine it
TrendLine PRO MT5
Evgenii Aksenov
4.72 (83)
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss lev
FREE
Shadow Height mt5   Shadow indicator. Displays the size of candlestick shadows, in points, as a histogram. Works in two modes, user-selectable. Description of indicator settings Mode - indicator operation modes, two modes: first height - display mode for upper and lower candlestick shadows; the second difference is the mode of displaying the difference in candlestick shadows, the difference between the upper and lower candlestick shadows.
FREE
Stable distributions can be used to smooth financial series. Since a fairly deep history can be used to calculate the distribution parameters, such smoothing may in some cases be even more effective than other methods. The figure shows an example of the distribution of the opening prices of the currency pair " EUR-USD " on the time frame   H1   for ten years (figure 1). Looks fascinating, doesn't it? The main idea behind this indicator is to determine the parameters of a stable distribution
Moon 3 is a Trend indicator. I s a powerful indicator of  TREND  for any par and any timeframe. It doesn't requires any additional indicators for the trading setup.The indicator gives clear signals about opening and closing trades.This Indicator is a unique, high quality and affordable trading tool. Perfect For New Traders And Expert Traders Low risk entries. Never repaints signal. Never backpaints signal. Never recalculates signal. For MT5 Only Great For Scalping Great For Swing Trading Arro
SR levels true
Egidijus Bikulcius
Indicator SR levels true in small time frames is very useful for scalping while in bigger ones it is good for day or position trading. SR levels true can draw 4 support/resistance levels based on defined maximum rebouds from price level. Indicator scans  defined number of bars in time axis and defined number of pips in price axis (both sides - up and down) and calculates how much times price was rejected from scanned price levels. At the price levels where maximum rebounds are counted, support
Force Numbers
Flavio Javier Jarabeck
Several assets in several markets have the behavior of using specific numbers as Force Numbers, where support, resistance and price thrust is created. Let this indicator draw those levels of support and resistance for you. You can also stack it to show different level of Prices! This technique is being used by Tape Readers and Order Flow traders all over the world for a long time. Give it a try. Challenge yourself to study new ways of Price Action! SETTINGS What Price reference to use in th
FREE
BidAsk indi
Bogdan Kupinsky
Простой индикатор, показывающий цены Bid и Ask. Есть настройки отображения информации и возможность перетаскивать панель. Индикатор используется для наглядного отображения цен покупки и продажи актива. Входные параметры : Support - Ссылка, на помощь проекту heigth - Высота формы width - Ширина формы size - Размер текста bidcol - Цвет текста bid askcol - Цвет текста
FREE
This indicator will show a vertical representation of the volume distribution within a selected user range. For a free demo version go to   https://www.mql5.com/en/market/product/42482 . Main features: This Indicator will create an image that will allow viewing the tick volume per price level in a graphical form. The indicator will work on any range size in any time-frame, limited only by your computer memory and performance. Recommended time-frames are: M1 to H1. Inputs: Price Calculated -
Sema
Bruno Pio
SEMA is the Sextuple Exponential Moving Average: SEMA = PEMA + QEMA(y - PEMA) The principle of its calculation is similar to  Double Exponential Moving Average  (DEMA). The name "Sextuple Exponential Moving Average" does not very correctly reflect its algorithm. This is a unique blend of the single, double, triple, quadruple and pentuple exponential smoothing average providing the smaller lag than each of them separately. SEMA can be used instead of traditional moving averages. It can be use
ChannelRSI5
Iurii Tokman
5 (4)
ChannelRSI5   The Relative Strength Index (RSI) indicator with dynamic levels of overbought and oversold zones. Dynamic levels change and adjust to the current changes in the indicator and prices, and represent a kind of channel. Indicator settings period_RSI - Averaging period for calculating the RSI index. applied_RSI - The applied price. It can be any of the price constants: PRICE_CLOSE - Closing price, PRICE_OPEN - Opening price, PRICE_HIGH - Maximum price for the period, PRICE_LOW - Minim
FREE
This indicator allows you to determine the likelihood that the price will reach one or another level. Its algorithm is quite simple and is based on the use of statistical data on the price levels of a particular currency pair. Thanks to the collected historical data, it is possible to determine the extent to which the price will change during the current bar. Despite its simplicity, this indicator can provide invaluable assistance in trading. So, with its help it is possible to determine TakePr
Automatic Vwap Midas
Ricardo Almeida Branco
5 (1)
The 3 Automatic Vwap (Midas) Indicator can be used for Price and Volume studyers to map the movement of market drivers. It automatically plots 3 Vwaps, two of which are dynamic and will be updated throughout the day if new highs or new lows emerge. The third Vwap is daily and can help if the trend is up or down. Also, an auxiliary indicator that plots (also dynamic) points of interest with OHLC prices (Open, High and Low of the current day and Close of the previous day) was inserted. Success and
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Economic Markers
Flavio Javier Jarabeck
4.83 (18)
Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. If there is more than one event set to the very same time, their Names will be stacked and you will see the messages merged with the plus (+) sign on the marker. Obviously that long or too much events on the sam
FREE
TickChart Indicator plots tick line on the main window of MetaTrader. In the Lite version, the number of ticks is limited to 20 and the alert function described below is omitted.  The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks pe
FREE
LT Force
Thiago Duarte
5 (6)
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
FREE
TickChart Indicator plots tick line on the main window of MetaTrader. ( Free version of this is "TickChart Indicator Lite" ) The tick-line shows the most detailed, fastest and real-time activities of the market, which are usually hidden in bars or candles longer than 1 minute. Usually, several new tick-line segments appear while a bar of M1 time frame is completed. After the release of an important economic indicator, the number of ticks per bar may exceeds 100. This indicator overlays the tic
Draw levels of support and resistance based on highs/lows or closes from daily, weekly or monthly. This indicator uses the highs, lows or closes to draw horizontal lines on the graph. By observing those lines you can identify trend (gaining or losing levels of resistence/support) and find good levels where price can bounce. For those who trade price action, this is a very useful indicator.
LT Volume
Thiago Duarte
4.69 (13)
This is a conventional volume indicator, which displays the ticks or real volume (if available from your broker). But it has others features like: 5 color schemes: single, when crossing with moving average, when crossing a specific level, when having different volume between bars and when candle change color. Being hable to have a customizable moving average. Being hable to have a value indicator line. Many thanks to  Diego Silvestrin  for the ideas to version 1.1 and   Konstantin Demidov   for
FREE
As it name implies, this is an exaustion oscillator. However, you may wonder: what differs you from others oscillators like RSI, Stochastic, CCI etc? The difference is that ours is more powerful and accurate ! Your oscillator filters the nois e made by other oscillators, and shows you only the exact moment to enter the trade. Of course, using it alone, like any other indicator, has its risks. Ideally, reconcile it with technical analysis and/or others indicators. If you buy i t you ge t up  to 1
LT Easy Market
Thiago Duarte
5 (3)
Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! If you have any doubt or suggestion, please, contact us! Ejoy!
MOON 2 THE WALL is a Oscilator indicator. I   s a powerful indicator of  TREND  for any par and any timeframe. It doesn't requires any additional indicators for the trading setup.The indicator gives clear signals about opening and closing trades.This Indicator is a unique, high quality and affordable trading tool. Perfect For New Traders And Expert Traders Low risk entries. Never repaints signal. Never backpaints signal. Never recalculates signal. For MT5 Only Great For Scalping Great For Swi
MIDAS Super VWAP
Flavio Javier Jarabeck
4.29 (14)
Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and deter
FREE
Pivot levels mql5
Egidijus Bikulcius
Pivot levels indicator shows 7(9 for Camarilla) pivot levels. It is adjusted for major use, including: all standard time frames choice of periods to show four popular calculation formulas (typical, median, weighted and Camarilla) pivot day shift choice of properties for lines and labels choice of showing alerts when crossing pivot lines Parameters: ----------Main parameters----------- Timeframe - time frame for pivot levels Number of periods to show - displays pivot levels for number of perio
Magneto MT5
Vladimir Blednov
Описание Данный индикатор строит (альтернативные, математически рассчитанные) уровни поддержки и сопротивления, а так же уровни, к которым с большой вероятностью придет цена в ближайшее время. Следует обратить внимание на то, что расчет уровней производится на исторических данных, и качество котировок играет важную роль при построении индикатором линий. Замечу, что отрисованные Magneto и Magneto Weekly линии не изменяют свои значения на всем расчетном периоде. Важное изменение! Добавлена функция
MACD Divergence on MT5
KEENBASE SOFTWARE SOLUTIONS
KT MACD Divergence shows the regular and hidden divergences build between the price and oscillator. If your trading strategy anticipates the trend reversal, you can include the MACD regular divergence to speculate the potential turning points. And if your trading strategy based on the trend continuation, MACD hidden divergence would be a good fit. Limitations of KT MACD Divergence Using the macd divergence as a standalone entry signal can be a risky affair. Every divergence can't be interpr
TPA Sessions MT5
InvestSoft
4.2 (5)
"TPA Sessions" indicator is a very important tool to complement  "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!!  The first run of the TPA Session indicator  must be in the open market for the lines to be drawn correctly. Please visit our blog to study actual trades wit
Volume Profile V6
Andrey Kolesnik
4.5 (2)
Market volume profile indicator.  It works on almost all instruments - currency pairs, stocks, futures, on real volumes and on ticks.  It can be set as automatic determination of the range of building a profile, for example, for a week or a month, etc.  and set the range manually by moving the borders (two vertical lines red and blue).  Shown as a bar graph.  The width of the histogram at a given level means, conventionally, the number of trades made on it.  With the "Mode level line color" para
MyTrendLinesMT5
Almat Kaldybay
3 (1)
The Indicator automatically draws trend lines on the specified timeframe ( Trend lines period  parameter). The lines are drawn based on the last two known fractals of the specified period. If you want the lines to be drawn only on the confirmed fractal, then set the Confirmed or unconfirmed fractal parameter to True . Indicator feature - lines are drawn with the accuracy of any timeframe. It allows analyzing the chart on smaller timeframes without loosing the precision of drawing the lines in re
The current Rise and Fall is judged from the Commodity Channel Index (CCI) of the three cycles and displayed in a panel by color coding. The second and third of the three cycles are changed according to the correction factor multiplied by the first cycle (minimum cycle). In addition, each CCI is displayed with ATR (Average True Range) corrected for variation. When two of the three CCI are complete, Trend_1 is displayed. When all three are complete, Trend_2 is displayed. // ---
Alerts Arrows
Andrey Kolesnik
ПОСМОТРИТЕ НАШ НОВЫЙ СОВЕТНИК : :   https://www.mql5.com/ru/market/product/95095?source=Unknown#description Индикатор стрелочник идеален для торговли в боковике, очень точно показывает моменты перекупленности и перепроданности инструмента, с дополнительными фильтрами также можно использовать для торговли по тренду. На экран выводятся стрелки сигнализирующие о развороте тренда,  направление стрелки показывает дальнейшее направление торговли, также имеется звуковое оповещение. После закрытия бар
FREE
KT Asian Breakout Indicator MT5
KEENBASE SOFTWARE SOLUTIONS
KT Asian Breakout indicator scans and analyzes a critical part of the Asian session to generate bi-directional buy and sell signals with the direction of a price breakout. A buy signal occurs when the price breaks above the session high, and a sell signal occurs when the price breaks below the session low. MT4 Version is available here  https://www.mql5.com/en/market/product/41656 Things to remember If the session box is vertically too wide, a new trade should be avoided as most of the price
ATR Monitor EA Friendly
Flavio Javier Jarabeck
ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
FREE
LT Weis Waves
Thiago Duarte
5 (11)
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
FREE
Moon 1 is a Box Break   is a powerful indicator of   Break Zone   for any par and any timeframe. It doesn't requires any additional indicators for the trading setup.The indicator gives clear signals about opening and closing trades.This Indicator is a unique, high quality and affordable trading tool. Perfect For New Traders And Expert Traders Low risk entries. Never repaints signal. Never backpaints signal. Never recalculates signal. For MT5 Only Great For Scalping Great For Swing Trading Arr
Money Flow Index EA Friendly
Flavio Javier Jarabeck
4.25 (4)
The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer
FREE
Decision Zone
Flavio Alexandre Almeida Santos De Jesus
Decision Zone is an indicator that defines decision zones for previously selected pivots. In decision zones the user can more safely decide whether the wave that has reached this zone is correction or impulse. Zone levels were based on Fibonacci expansion along Elliot waves and case analysis. Trading Strategy: Basically, when the market wave reaches the decision zone at * Level 1.0 *, there is great potential for this wave to be an impulse or correction wave. If it is impulse, the wave wi
FZR indicator determines fractal zigzag reversal pattern of all the time frames of the chosen symbol and shows the information in the Info label. Indicator draws the detected pattern in the chosen time frame and also you can select in the menu to draw the trend line according to FZR peaks. What it is FZR? See the first picture in the screenshots. As you can see for every peak of FZR the AO indicator must cross zero line. FZR indicator determines the trend direction. How to use FZR for trading?
CPA - "Candle Pattern Analyze" - Индикатор поиска и анализа свечных моделей. Индикатор осуществляет поиск наиболее ликвидных свечных моделей, а так же производит анализ истории, как развивалась цена в прошлом. Внимание! В тестере стратегий индикатор показывает только свечные модели. Линии возможного движения, формируются на истории, и показываются только в терминале (естественно при условии наличия истории выбранного интервала). Настройки индикатора по умолчанию - минимальны, то есть, перед испо
Индикатор Magneto Weekly Pro отображает: Недельные важные линии поддержки и сопротивления (выделены желтым, красным и синим цветами). Основные недельные цели (выделены белым цветом). Недельные паттерны возврата цены (обозначаются красными флажками). Применение индикатора Magneto Pro можно использовать и как дополнение к существующей стратегии, и как самодостаточную торговую стратегию. Данный продукт состоит из двух индикаторов, работающих на разных временных промежутках, и предназначен для скал
This indicator evaluates all eight individual currencies by reading major, minor and crosses pairs using an indicator of your choice, and processing each currency into an index, which you can use to know the market situation of any particular currency in a simple, familiar and understandable way. Find strong and weak currencies at a glance Compare one currency against another easily It implements a multi-timeframe dashboard It is a top-quality confirmation for trades The indicator needs no opt
This is a very simple yet effective indicator to trade breakouts of variable fractal periods. A fractal is a price formation of an odd number of bars, being the middle bar the highest or lowest price point of the formation. These prices act as short-term support and resistance levels, which this indicator uses to draw a price channel and display breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Fractal breakouts can start long trends The fract
PZ Three Drives MT5
PZ TRADING SLU
3.11 (9)
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
FREE
PZ Penta O MT5
PZ TRADING SLU
4 (6)
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
FREE
Moving Averages OnOff MT5
Fabrizio Malavasi
5 (4)
The Moving Averages On-Off  let you  control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments .    --->  This indicator is part of Combo Indicator OnOff It's possible to  setup three Moving Averages : Short ,  Medium ,  Long   Input You can customize the price type used for calculation : close, open, high, low, median price, typical price, weighted It
FREE
This indicator creates synthetic charts. It creates a candlestick chart plotting the price of one instrument measured against another, helping you to find hidden opportunities in the market crossing relationships between different instruments.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find hidden trading opportunities Get a broader sense of the price of commodities Commodities range against each other and are easier to trade Correlated Indices can be traded ag
FREE
MADayLevel
Azamat Mullayanov
Простейший индикатор для ручной торговли. Для комфортной торговли так же имеется эксперт https://www.mql5.com/ru/market/product/41133 Суть идикатора: уровни строяться на основе Moving Average с выбранным периодом по ценам High и Low. На разнице между High и Low строятся следующие уровни выше и ниже. В случае если бар не выходит за уровни, помечается зеленой меткой. Данную метку и уровни можно использовать для выставления отложенных ордеров когда цена на долго застревает между уровнями. Входны
FREE
Indicador PHIBO da metodologia PhiCube. Se comporta exatamente como o utilizado pelo Bo Williams em seus videos e estratégias.  Quando o preço está sobre, ou abaixo, das três linhas, isso indica que há uma forte tendência. Quando não estão alinhadas, podem indicar suportes, resistências e alvos. Se aparecerem após um longo movimento já esticado, podem indicar que o movimento está terminando.
Santo Oscilator
Gustavo Goncalves
5 (1)
Oscilador bem próximo que o indicador SANTO mostrado pelo Bo Williams em sua metodologia PhiCube, para mim este indicador ainda é melhor que o próprio SANTO original. Ótimo para entender a força e tendência de movimentos e possíveis divergências. Preço fazendo topo e o SANTO não renovando máxima, tudo indica que teremos uma reversão ou no mínimo um drawback.
Heikin Ashi (HA) is a type of candlestick chart originated in Japan. The difference from traditional candlesticks is that HA bars are averaged, creating a smoother appearence. HA doesn't show the exact open and close price, they should be used as Technical Indicator and not as exact market prices. Calculation: HA Open = (Open of previous bar + Close of previous bar) / 2 HA Close = (Open + High + Low + Close) / 4 HA High = Highest of High, HA Open, or HA Close HA Low = Lowest of Low, HA Open, or
Auto Support and Resistances
Flavio Javier Jarabeck
4.6 (80)
Are you tired of drawing Support & Resistance levels for your Quotes? Are you learning how to spot Support & Resistances? No matter what is your case, Auto Support & Resistances will draw those levels for you! AND, it can draw them from other timeframes, right into you current chart, no matter what timeframe you are using... You can also Agglutinate regions/zones that are too much closer to each other and turning them into one single Support & Resistance Level. All configurable. SETTINGS Time
FREE
Weighted WCCI
Alexey Viktorov
4.67 (3)
Стратегия форекс «Гора» основана на одном довольно сложном индикаторе. С его помощью генерируются вполне неплохие сигналы и, в принципе, автор указывал возможность торговли и на остальных инструментах, однако, мы решили взять изначальный вариант — торговлю только по GBP/USD. Так же следует сказать, что по ходу развития тренда торговая стратегия пропускает большое количество неплохих точек входа, но это только на первый взгляд. Фильтрация сигналов показала себя достаточно неплохо и в итоге торгов
FREE
The moment when the MACD line crosses the signal line often leads to a significant price movement and trend changes. MACD Cross Prediction is an indicator that uses OSMA(MACD oscillator) and a red line. You can change the level of the red line on the indicator setting popup(and the red line moves up and down). The alerts(email, mobile push, sound, MT5 alert) will be sent when the MACD histogram touches the red line, which means the alerts can be sent just before/around the time when the MACD
Very often, the trader is faced with the task of determining the extent to which the price may change in the near future. For this purpose, you can use the Johnson distribution type SB. The main advantage of this distribution is that it can be used even with a small amount of accumulated data. The empirical approach used in determining the parameters of this distribution, allows you to accurately determine the maximum and minimum levels of the price channel. These values ​​can be used in differ
Gekko Channels Plus
Rodrigo Galeote
5 (1)
This is Gekko's Channels Plus indicator. It extends the use of the famous Channels and calculates strong entry and exit signals using price action on the top, bottom and middle lines. You can set it up in many different ways, eg: pullback, pullback against trend, middle line crossing and middle line crossing against trend. Inputs Number of Bars to Plot Indicator:  number of historical bars to plot the indicator, keep it low for better performance; Produces Signal Only When a Bar Closes:  wait fo
Are you a  trend surfer like us? Do you use Moving Averages too? Ever wanted the are between them to be painted? Yeah, we solved this problem with the Filled MAs indicator! It is very simple, just puts two fully customizable Moving Averages on chart and fill the space between them, changing the color as they intersect. Thanks to gmbraz for the version 1.1 idea. Any questions os suggestions please contact me! Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a
FREE
The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This version is simple to use as we simplify the indicator entries and leave only the most used buffers. You can use it to integrate with your EA          Product Features Daily VWAP ploted at the chart. MOnthly
Double Smoothed Stochastic is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Double Smoothed Stochastic Calculation is :    DSS = EMA(r) (X - Lxn / Hxn - Lxn) x 100  MIT = EMA(r) (close - Ln / Hn - Ln) x 100 Ln = lowest low of n periods Hn = highest high of n periodsLxn = lowest low of the price se
FREE
The Hi Lo Breakout is taken from the concept of the ZZ Scalper EA which exploits the inevitable behaviour of price fluctuations and breakouts.  The fact that because market prices will always fluctuate to higher highs before ebbing down to lower lows, breakouts will occur. But here I've added a few more filters which I see work well also as an Indicator.    Range Analysis :    When price is within a tight range this Indicator will be able to spot this and only then look for price breaks. Yo
The 3 Bar Break
Stephen Reynolds
Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars. It should be used mainly on the daily chart to help spot potential moves in the coming days. Features : A simple met
FREE
Bollinger Breakout Trader tells the trader when the market is about to breakout from a non-volatile period. Non volatility usually means its building up steam for more good moves in future. A signal is formed when this switch from non-volatile to volatile occurs. These periods are measured by both Bollinger Bands and Keltner Channels. Bollinger Bands measure the standard deviation of price from the Moving Average which results in an expanding and contracting channel. Keltner Channels are based
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
KEY LINKS:  Indicator Manual  –  How to Install  –  Frequent Questions  -  All Products  Description: Indicator which uses trend, breakout and reversal innovative indicators to show a complete visual trading strategy, with transparent metrics. It follows simple visual patterns, which will improve your trading significantly. Support:   We create great tools for the entire trading community. Most of them are free. If you believe in what we do  Support Us Here. Outstanding Features Shows current
Closing Price Reversal
Flavio Javier Jarabeck
5 (10)
Closing Price Reversal is a very well known and traded candlestick pattern. This little indicator paints with specific (user-selected) colors the Closing Price Reveral Up and Down patterns, as well as the Inside Bars (as a bonus). Higher timeframes are more effective  as with all other candlesticks patterns. Do NOT trade solely on this indicator. Search the web for "Closing Price Reversal" to learn about the several approaches that can be used with this pattern. One of them is combining short/me
FREE
PRICE BREAKOUT ALERT!!!! PRICE BREAKOUT ALERT!!! Now you dont have to worry about going through each currency pair, your favorite stocks watch list or crypto to find breakouts. This indicator does everything for you.  This indicator has the capability to  SCAN  different  CURRENCY PAIRS  and  TIMEFRAMES  to give you breakout information through  ALERT (MOBILE NOTIFICATION, EMAIL AND PUSH NOTIFICATION) NOTE: If you are willing to scan more currency pairs along with many timeframes, you
THRUST BAR ALERT!!!! THRUST BAR ALERT!!! Now you dont have to worry about going through each currency pair, your favorite stocks watch list or crypto to find BIG CANDLES (also called THRUST BARS ). This indicator does everything for you.   This indicator has the capability to  SCAN  different  CURRENCY PAIRS  and  TIMEFRAMES  to give you BIG CANDLE (THRUST BAR)  information through   ALERT (MOBILE NOTIFICATION, EMAIL AND PUSH NOTIFICATION) NOTE: If you are willing to scan more currency
CustomIndexCreator
Nikolay Kositsin
5 (1)
Индикатор CustomIndexCreator позволяет создавать свой собственный   пользовательский символ  на основе истории любого финансового инструмента и подкачивать его ценовую историю в виде минутных баров. Таким образом, в клиентском терминале   Metatrader 5 появляется новый символ, с которым можно работать по аналогии с другими финансовыми инструментами, то есть открывать полноценные графики любого таймфрейма этого символа и проводить технический анализ, располагая на этих графиках любые технические и

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