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New Technical Indicators for MetaTrader 5 - 73
![icon](https://c.mql5.com/i/market/market-icon.png)
![Ultimate Double Top Bottom Reversal Indicator MT5](https://c.mql5.com/31/250/ultimate-double-top-bottom-reversal-indicator-mt5-logo-200x200-6160.png)
This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal trend reversals very early. What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double To
![Strong Trends With Magic Entries MT5](https://c.mql5.com/31/249/strong-trends-with-magic-entries-mt5-logo-200x200-7198.png)
With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money!
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum.
With this system you have 3 reliable edges on your side: A strong trend (=high probability of continuation) A deep pu
![SuperTrend Scanner MT5](https://c.mql5.com/31/249/supertrend-scanner-mt5-logo-200x200-1709.png)
This scanner shows the trend values of the well known indicator SuperTrend for up to 15 instruments and 21 time frames. You can get alerts via MT5, Email and Push-Notification as soon as the direction of the trend changes.
Important Information You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H12 time frame shows a re
![Supporta MT5](https://c.mql5.com/31/247/supporta-mt5-logo-200x200-2880.png)
Supporta is a trading indicator that automatically identifies support and resistance levels and their strengths from price movements and draws them on price charts. The instrument supports both the MetaTrader 4 and MetaTrader 5 terminals and can be used on any financial instrument and any timeframe. The MetaTrader 4 version is available on the market as Supporta MT4 . For full documentation and quick start, please refer to the official guidebook which is available for download in the comments se
![True Channel MT5](https://c.mql5.com/31/249/true-channel-mt5-logo-200x200-5642.png)
The True channel indicator plots the linear regression channel. The channel consists of two lines of support and resistance, as well as the averaging trend line.
Additional information in the indicator support and resistance price for the current bar channel width channel inclination position of the channel price relative to the channel in percent
Settings Bars for calculation - the number of bars to plot the channel Price for calculation - the price for plotting the channel boundaries (Clos
![Multi oscillator divergence MT5](https://c.mql5.com/31/248/multi-oscillator-divergence-mt5-logo-200x200-8800.png)
I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI, Bollinger Bands and ATR filter options which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout,
![Double divergence scanner MT5](https://c.mql5.com/31/247/double-divergence-scanner-mt5-logo-200x200-4320.png)
This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu
![BoxInside MT5](https://c.mql5.com/31/246/boxinside-mt5-logo-200x200-7789.png)
This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually.
Indicator operation features The indicator works on the timeframes from M3 to MN, but it uses the history data of smaller periods: M1 - for periods from M3 to H1, M5 - for periods from H2 to H12, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are consider
FREE
![Corridor BARs MT5](https://c.mql5.com/31/247/corridor-bars-mt5-logo-200x200-2303.png)
The indicator shows the upper, middle and lower price limits for a certain period of time. Also, two Moving Averages (MAs) are displayed.
Parameters
CTType : corridor basis. _Hour : hours, _Day : days, _Bars : bars CTPrice : price type, by bars. OpenClose : Open/Close prices, HighLow : High/Low prices CTShift : corridor shift CTNum : how much to consider for building a corridor, min 2 CTPeriodFast : Fast period, min 2 CTShiftFast : Fast MA shift CTMethodFast : Fast averaging method CTPeriodSl
![PipFinite Impulse PRO MT5](https://c.mql5.com/31/338/pipfinite-impulse-pro-mt5-logo-200x200-4709.png)
Are You Tired Of Getting Hunted By Spikes And Whipsaws?
Don't become a victim of the market's erratic moves.. Do Something About It!
Instantly make smarter decisions with Impulse Pro's precise balance of filters and accurate statistics.
Timing Is Everything In Trading
To learn more, please visit www.mql5.com/en/blogs/post/718212 Anticipate the next big move before it unfolds in 3 Simple Steps!
Advantages You Get
Early impulse detection algorithm.
Flexible combination to different tr
![SupportResistanceLevel](https://c.mql5.com/31/246/supportresistancelevel-logo-200x200-7804.png)
Support and Resistance is a concept that price will tend to stop and reverse at certain predetermined price levels denoted by multiple price touches without breaking those levels. This indicator plots those lines of resistance and support which helps identify points of possible reversal by confirming and marking previous and current price levels. Also, it warns when price approaches latest marked levels.
Input Parameters range - the price period back to check for confirmation. confirmations -
![Profile Map MT5](https://c.mql5.com/31/299/profile-map-mt5-logo-200x200-9257.png)
Market Profile helps the trader to identify the behavior if major market players and define zones of their interest. The key feature is the clear graphical display of the range of price action, in which 70% of the trades were performed. Understanding of the location of volume accumulation areas can help traders increase the probability of success. The tool can be used as an independent system as well as in combination with other indicators and trading systems. this indicator is designed to suit
![Ratio](https://c.mql5.com/31/245/ratio-logo-200x200-1694.png)
This indicator shows ratios between extremes on the chart. You can specify your own ratios (e.g. Fibonacci).
Parameters Most important Density - how much in details to search ratios in extremes. Bigger number means less details, smaller number means more details. Base unit is 1 bar on the chart. History - how far to go in history while searching. When you set -1, the indicator processes all bars from history. Base unit is 1 bar on the chart. Range - how far search ratios from given extreme. Ba
FREE
![BearBullBalance](https://c.mql5.com/31/245/bearbullbalance-logo-200x200-4914.png)
The indicator shows the number and ratio of ticks with the price growth and fall for each candle of the chart. The upper part of the histogram in the form of thin lines shows the number of price growth ticks (bullish strength), while the lower part shows the amount of price fall ticks (bearish strength). The thicker histogram bars is the difference between the strength of bulls and bears. A positive difference is displayed in green, and the negative one is red. The strength of bulls increases wh
FREE
![Market Waves Heikin Ashi](https://c.mql5.com/31/244/market-waves-heikin-ashi-logo-200x200-7585.png)
Market Waves marks reversal price points on a chart following the modified Larry Williams method. The price is preliminarily smoothed using Heikin Ashi method. Open positions in the indicator signal direction. Note the patterns formed by reversal point groups. I recommend reading Larry Williams' "Long-Term Secrets to Short-Term Trading" before using the indciator.
![PZ Relative Charts MT5](https://c.mql5.com/31/244/pz-relative-charts-mt5-logo-200x200-6708.png)
This creates a mean-reversion chart using a moving average as a reference, detaching ourselves from the changing value of fiat currencies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Get a mean-based view of the market Find real overbought/oversold situations easily Isolate your perception from the changing value of fiat currencies The center line represents the moving average Your imagination is the limit with this indicator Customizable chart period and Bolling
FREE
![MFI Alerts MT5](https://c.mql5.com/31/242/mfi-alerts-mt5-logo-200x200-7818.png)
If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca
![DeMarker Alerts MT5](https://c.mql5.com/31/243/demarker-alerts-mt5-logo-200x200-2478.png)
You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert
![Harmonic Volatility Indicator MT5](https://c.mql5.com/31/262/harmonic-volatility-indicator-mt5-logo-200x200-4812.png)
Introduction to Harmonic Volatility Indicator Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic
![TSO Bollinger Bandit Strategy MT5](https://c.mql5.com/31/241/tso-bollinger-bandit-strategy-mt5-logo-200x200-4491.png)
TSO Bollinger Bandit Strategy is an indicator based on the Bollinger Bandit Trading Strategy as presented in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster.
Features A complete entry and exit strategy for trending markets. Get email / push notifications when an entry signal occurs. The indicator is not repainting. Can easily be used in an EA. (see F
![Extremum catcher MT5](https://c.mql5.com/31/241/extremum-catcher-mt5-logo-200x200-8199.png)
The Extremum catcher MT5 indicator analyzes the price action after breaking the local Highs and Lows and generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 4, see Extremum catcher . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle, the price broke the High or Low level and the new candle opened higher than the extremums, then a signal
![DoubleMA Cross MT5](https://c.mql5.com/31/238/doublema-cross-mt5-logo-200x200-8458.png)
The "DoubleMA Cross MT5" is a typical strategy of investors, which usually indicates a change in trend from bearish to bullish. To establish a double crossing of moving averages, we need a slow moving average and a fast moving average. When the fast moving average crosses the upside to the slow average the bullish signal is triggered. The opposite strategy is also very useful. Everything works in the same way and we use the same indicators and periods: Fast moving average and slow moving average
![Levels of Timeframes for MT5](https://c.mql5.com/31/239/levels-of-timeframes-for-mt5-logo-200x200-6124.png)
The indicator shows the High/Low /Open/Close Levels from other (and non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, H3-H6-H8-H12 Hours. You can also set the shift for opening candles and build virtual candles.
"Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels (breakout of the HIgh/Low yesterday/last week line etc).
You can also shift a
![Candle patterns scanner with trend filter MT5](https://c.mql5.com/31/240/candle-patterns-scanner-with-trend-filter-mt5-logo-200x200-5355.png)
I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for Pin bars, Morning/evening stars, Engulfings, Tweezers, Three Line Strikes, Inside bars and Pennants and Triangles. The indicator can also be used in single chart mode. Please read more about this option in the product's blog . Combined with your own rules and techniques, this indicator will allow
![Fibo Projector](https://c.mql5.com/31/237/fibo-projector-logo-200x200-1475.png)
This indicator will automatically draw 4 Fibonacci levels on the chart. Dynamic Fibonacci will be drawn on the last of zigzag line. Static Fibonacci will be drawn on the 3 last of zigzag line. Fibonacci projection 1 and 2 will be drawn on the last zigzag line also. This way, you can see several Fibonacci level to get prediction of next support and resistance of market price. Indicator does not work if less than 500 bars are available.
Parameters Zig_Zag_Parameter Depth - Zig zag depth paramete
![Moving average crossover scanner MT5](https://c.mql5.com/31/228/moving-average-crossover-scanner-mt5-logo-200x200-7987.png)
I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment) when the MACD main line crosses th
![Candle Absorption Demo](https://c.mql5.com/31/238/candle-absorption-demo-logo-200x200-8563.png)
This is a demo version of the Candle Absorption Full indicator. It has limitations on operation. This indicator detects the Engulfing candlestick pattern and draws the corresponding market entry signal.
Features It works only with EURUSD on timeframes M1 and M5. The indicator analyzes a combination of 2 or 3 candlesticks depending on settings. The number of pre-calculated bars (signals) is configurable. The indicator can send an alert to notify of a found signal. Signal can be filtered by sett
FREE
![Easy Relative Smooth Index](https://c.mql5.com/31/237/e-rsi-logo-200x200-3386.png)
Easy Relative Smooth Index is an oscillator based on the Relative Strength Index (RSI) indicator. The current indicator value is compared with the maximum and minimum value of the indicator for a given period and the average value is calculated. Also, the indicator values are smoothed by the moving average (MA) method. Buy signals are generated when the indicator crosses a given level upwards, sell signals are generated when the indicator crosses the level downwards.
Description of the indicat
![ACB Trade Filter MT5](https://c.mql5.com/31/238/acb-trade-filter-mt5-logo-200x200-6802.png)
ACB Trade Filter indicator provides a way to filtering out the low probability trading entries in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The MT4 version of the same indicator is available here ACB Trade Filter MT4
Applications Works great with our indicator ACB Breakout Arrows MT5 Filter out low probability signals from any indicator. Avoid over-trading and minimize the losses. Trade in the direction of market sentim
![Trail Stops Point](https://c.mql5.com/31/236/trail-stops-point-logo-200x200-5863.png)
The Trail Stops Point indicator shows the deviation from the current price by a certain distance. It has been developed as an additional indicator for Trail Stops by Custom Indicator , to provide a simple trailing of a position stop loss at a specified distance in points.
Indicator Parameters Distance - trailing stop distance in points. Buffer numbers: 0 - Support, 1 - Resistance.
FREE
![Slope Direction Side](https://c.mql5.com/31/235/slope-direction-side-logo-200x200-9652.png)
Slope Direction Side is a trend-following indicator based on moving averages. The indicator displays trends in price dynamics on the markets. There are three main trends in price dynamics: upward movement, downward movement and flat. The indicator helps defining the prevailing price direction (trend) by smoothing price data during a certain period of time. In simple words, the indicator visualizes trends present on the market.
Parameters hall - channel width, in points MAPeriod - indicator per
![PZ HHHc LLLc MT5](https://c.mql5.com/31/236/pz-hhhc-lllc-mt5-logo-200x200-6184.png)
A personal implementation of a famous trend principle known as higher high, higher close, lower low, lower close (HHHC - HHHL). It uses price action alone to determine trend direction, trend changes and pullback zones. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable breakout period Customizable colors and sizes It is non-repainting and non-backpainting It implements alerts of all kinds The indicator defines three price zones: Buy zones are blue Sell zon
FREE
![Regent Street](https://c.mql5.com/31/233/macd-self-optimized-logo-200x200-6679.png)
Regent Street, rather than an expert or an indicator, is an all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance. Note from the author: Regent Street's frontend is exactly the same as an other product Ermou Street , but the backend is different. Performances for each are very relati
![PZ Quadrant Thesis MT5](https://c.mql5.com/31/236/pz-quadrant-thesis-mt5-logo-200x200-8934.png)
This is a general purpose indicator that displays colored lines at fixed and customizable price intervals, entered as parameters. It offers universal, constant, and familiar price ranges that allow quick and precise price analysis of a currency pair. With default parameters, this indicator implements The Quarters Theory , as described originally by Ilian Yotov . [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use No optimization needed Customizable price int
FREE
![PZ Divergence Trading MT5](https://c.mql5.com/31/234/pz-divergence-trading-mt5-logo-200x200-1349.png)
Unlock hidden profits: accurate divergence trading for all markets Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
Easy to trade
Finds regular and hidden divergences
![Trade Helper](https://c.mql5.com/31/233/trade-helper-logo-200x200-5086.png)
The Trade Helper indicator is a modification of the Trade Assistant indicator (by Andriy Moraru). The Trade Helper multitimeframe indicator is a good assistant for traders, useful as a filter in most trading strategies. This indicator combines the tactics of Elder's Triple Screen in a single chart, which lies in entering a trade when the same trend is present on three adjacent timeframes. The indicator operation is based on the principle of determining the trend on the three selected timeframes
![Gap on chart](https://c.mql5.com/31/1135/gap-on-chart-logo-200x200-3418.png)
The "Gap on chart" indicator displays the price gaps on the chart. The gap levels are extended in time until the price fills the price gap. Sensitivity of the indicator can customized to set the gap size in points to show and the history depth to analyze. For automatic trading, it uses the numbering or price gaps according to LIFO, i.e. the last formed gap is number 1.
Parameters InpBars - the number of bars to look for a price gap in history InpMinGap - sensitivity to the price gaps in points
![CAP Channel Trading MT5](https://c.mql5.com/31/820/cap-channel-trading-mt5-logo-200x200-8026.png)
The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity.
Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset
It can be applied to any financial assets: forex, cryptoc
FREE
![EFW Pattern Trader MT5](https://c.mql5.com/31/262/efw-pattern-trader-mt5-logo-200x200-1187.png)
EFW Pattern Trader is a powerful pattern scanner for Forex and Stock trading. The pattern detection in EFW Pattern Trader uses the Fractal Wave Theory, which captures the endless up and down movement of the market. Therefore, EFW Pattern Trader can be considered as the robust price action indicator. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern will likely behave in the live trading. Therefore, you
![Lotus](https://c.mql5.com/31/233/lotus-logo-200x200-7274.png)
Lotus indicator combines the features of both trend indicators and oscillators allowing you to track the smoothed price change rate, as well as trend strength and change. The uptrend is shown as a green indicator line, while a downtrend is displayed in red. A long position can be opened when the indicator breaks the zero level from below. A short position can be opened when the indicator breaks the zero level from above. An opposite signal of the indicator can be used for exiting positions. You
![Mercadulls](https://c.mql5.com/31/228/mercadulls-logo-200x200-7783.png)
The Mercadulls Indicator gives to you 4 signals types, detecting supports, resistances and accumulation/distribution zones. The indicator constantly checks the graph for direct analysis and the appearance of long trends. Main characteristics No repaint! Stop loss and take profit levels are provided by the indicator. Suitable for Day Traders, Swing Traders, and Scalpers. Optimized algorithm to increase the accuracy of signals. Technical analysis indicator for all assets available in the market.
![Professional Histogram MT5](https://c.mql5.com/31/992/professional-histogram-mt5-logo-200x200-2310.png)
Professional Histogram MT5 ( PH ) is a highly efficient and reliable tool for determining the direction and strength of the trend. PH is easy to use and configure both for beginners and experienced traders. Unlike most indicators, Professional Histogram finds longer trends and gives fewer false signals. When a buy or a sell signal appears, an alert is triggered allowing you to open a position in a timely manner and avoid sitting at your PC all the time. Professional Histogram for the MetaTrad
![Price Action Full](https://c.mql5.com/31/231/price-action-full-logo-200x200-5909.png)
This indicator looks for 3 rather strong patterns: Spinning Top pattern Hammer or Hanging Man Inverted Hammer or Shooting Star These patterns may indicate a trend continuation or its reversal, depending on the location of the patterns.
Input parameters Zero - consider candles without a body Multiplier for hammerhigh - multiplier for the larger shadow of the Hammer Multiplier for hammerlow - multiplier for the smaller shadow of the Hammer Multiplier for wolf - multiplier for the shadows of the
![TrendDetect](https://c.mql5.com/31/231/trenddetect-logo-200x200-7836.png)
The Trend Detect indicator combines the features of both trend indicators and oscillators.
This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can
![Table of currency pairs](https://c.mql5.com/31/230/table-of-currency-pairs-logo-200x200-7649.png)
Версия 2.0 2018.10.20 1. Добавлен расчет коэффициента ранговой корреляции Спирмена.
2. При наведении курсора на показатель таблицы появляется всплывающая подсказка (Расхождение RSI, направление сделок, информация о свопе). Table of currency pairs - разработана в помощь трейдеру торгующему на рынке Форекс по методу основанному на корреляционной зависимости валютных пар. Корреляционная зависимость между двумя инструментами рассчитывается через коэффициент К. Пирсона. Основная функция таблицы -
![PipFinite Reversal PRO MT5](https://c.mql5.com/31/229/pipfinite-reversal-pro-mt5-logo-200x200-2097.png)
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success!
Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally.
Discover The Secret Of Professional Traders
Get instant access www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now!
How To Trade Step 1: Trade Setu
![Trend Signal Multitimeframe mt5 FREE](https://c.mql5.com/31/230/trend-signal-multitimeframe-mt5-free-logo-200x200-9243.png)
Free version. Only works on EURUSD Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The data
FREE
![Price Action Free](https://c.mql5.com/31/226/price-action-free-logo-200x200-3090.png)
This indicator looks for 3 rather strong patterns: Spinning Top pattern Hammer or Hanging Man Inverted Hammer or Shooting Star These patterns may indicate a trend continuation or its reversal, depending on the location of the patterns.
Input parameters Distance - distance between the signal and the formed signal Note: the higher the timeframe, the greater the value should be used in Distance to display the signal correctly
Indicator Features Suitable for any currency pair Operating timeframe
FREE
![Detrended Price Oscillator SG](https://c.mql5.com/31/229/detrended-price-oscillator-sg-logo-200x200-9485.png)
The Detrended Price Oscillator (DPO) removes longer term trends, isolating short term price cycles. It allows for determination of cycle length and prediction of the current place in the cycle, determination of bull or bear trends and trend turning points, and provides several trade entry signals. There are two different ways of calculating the index, both of which are useful, and both of which are provided in the indicator parameters. The default setting for the SMA Averaging Period (n) will no
![Gekko Strong Bars](https://c.mql5.com/31/228/gekko-strong-bars-logo-200x200-1354.png)
This is Gekko's Strong Bars indicator. It produces signals when there is a strong bullish or bearish bar, for that it uses three different conditions: 1 - when the current bar is higher/lower than the last x bars (x is an input parameter), 2 - when the current bar size is higher than the average size of the last x bars (x is an input parameter) and 3 - when the current bar has a short candle tail (shadow).
Inputs Plot Strong Bar Arrows for the past X Historical Bars: number of historical bars
![Gekko Price Lines](https://c.mql5.com/31/229/gekko-price-lines-logo-200x200-1864.png)
This is Gekko's famous Price Lines indicator. Historical prices benchmarks (like highest top in the year, lowest bottom in the month, week open, previous day's close, etc.) are usually important support or resistance areas that when broken produce great entry and exit point. This indicator will show you these important price benchmarks and will alert you when current price breaks through any of them.
Inputs Plot Strong Bar Arrows for the past X historical bars - the number of historical bars t
![Lighthouse MT5](https://c.mql5.com/31/381/lighthouse-mt5-logo-200x200-8880.png)
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Lighthouse is an outstanding precise and reliable support and resistance indicator.
It displays the most important trading levels and draws them according to
![Candle Absorption Full](https://c.mql5.com/31/236/candle-absorption-full-logo-200x200-9304.png)
This indicator detects the Engulfing candlestick pattern and draws the corresponding market entry signal.
Features It works on all pairs and timeframes. The indicator analyzes a combination of 2 or 3 candlesticks depending on settings. The number of pre-calculated bars (signals) is configurable. The indicator can send an alert to notify of a found signal. Signal can be filtered by setting the number of candlesticks of the same color (trend) preceding the pattern formation. The indicator has an
![InsideBar Plus Volumes](https://c.mql5.com/31/226/insidebar-plus-volumes-logo-200x200-1612.png)
The indicator displays the inside bar pattern on the chart. Its distinguishing feature is the triple filtration. First, not all candles meeting usual conditions can be used as first candles here. It should be a "free" candle, meaning that its High or Low (depending on conditions) should have a free space to the left. The VSA method has a similar condition called 'new fresh ground' . In case of an uptrend, the candle's High should be free, in case of a downtrend, it is the candle's Low. Second, t
![On Chart Williams Percent Range](https://c.mql5.com/31/228/on-chart-williams-percent-range-logo-200x200-8455.png)
This is a variation of Williams' Percent Range indicator which draws high/low/mid range and overbought/oversold levels directly on the chart, where the last candle Close price corresponds to the %R value. Advantage of this representation is that it is possible to see exact extremum reaches by price (0 and -100 levels) and current price value in regards to overbought/oversold conditions. In addition, this indicator allows tracking price action on a different timeframe (for example, see the price
![HMA Trend Professional MT5](https://c.mql5.com/31/222/hma-trend-professional-mt5-logo-200x200-6400.png)
Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction.
The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyz
![Pennants and triangles scanner MT5](https://c.mql5.com/31/227/pennants-and-triangles-scanner-mt5-logo-200x200-8401.png)
This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher timeframes. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the
![Gekko Tops n Bottoms](https://c.mql5.com/31/227/gekko-tops-n-bottoms-logo-200x200-2178.png)
Type: Oscillator This is Gekko's Famous Tops and Bottoms indicators. Find important Tops and Bottoms on chart of any symbol or timeframe, based on set of configurations to adjust the indicator to the instrument you are trading.
Inputs Calculate Tops and Bottoms for the past X Bars: number of bars the indicator will plot Tops and Bottoms for, the fewer the faster. At Least Two Bars Making New Highs or Lows to Confirm: true - only consider a new High or Low when the last 2 bars have Highs or Low
![Equilibrium Fractal Wave Analytics MT5](https://c.mql5.com/31/262/equilibrium-fractal-wave-analytics-mt5-logo-200x200-8261.png)
Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
![Trend Signal Multi Timeframe mt5](https://c.mql5.com/31/225/trend-signal-multi-timeframe-mt5-logo-200x200-4742.png)
Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The data is shown in a window that you can m
![MOR Automatic Levels Building](https://c.mql5.com/31/224/mor-automatic-levels-building-logo-200x200-7722.png)
This indicator is designed to automatically build support/resistance levels. The indicator calculates the density of the price distribution in the specified time range and creates a table of volumes for each price. Levels are constructed from the minimum to the maximum volumes specified by the user. Some input parameters can be changed using hot keys without opening the settings window.
Inputs StartPoint - start bar number Range - length of the level in bars (time range) VolumeMin - minimum vo
![TickDelta](https://c.mql5.com/31/226/tickdelta-logo-200x200-1581.png)
The TickDelta indicator shows the difference in the number of oscillations of the best prices per unit of time. In this case, the unit of time is the specified timeframe (M1, M2, M5, M15, etc.). This value indirectly shows the market "sentiment". Due to the "tick-wise" nature, the indicator is more appropriate for use in scalping strategies. When applied in conjunction with real volumes and monitoring of various instrument charts, it is possible to identify certain reversal setups. In some cases
![Dashboard Stochastic Multicurrency for MT5](https://c.mql5.com/31/225/dashboard-stochastic-multicurrency-for-mt5-logo-200x200-5590.png)
Multicurrency and multitimeframe modification of the Stochastic Oscillator. You can specify any desired currencies and timeframes in the parameters. The panel displays the current values and intersections of the lines — Signal and Main (stochastics crossover). Also, the indicator can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. Similar to the Currency Strength Meter (CSM) , the D
![Dashboard RSI Multicurrency for MT5](https://c.mql5.com/31/224/dashboard-rsi-multicurrency-for-mt5-logo-200x200-7877.png)
Multicurrency and multitimeframe modification of the Relative Strength Index (RSI) indicator. You can specify any desired currencies and timeframes in the parameters. Also, the panel can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the chart is "D" by default. Similar to the Currency Strength Meter (CSM) , the Dashboard can automatically select
![TradeLeader OBV MA](https://c.mql5.com/31/225/tradeleader-obv-ma-logo-200x200-4862.png)
The on-balance volume indicator (OBV) is a momentum indicator and was developed in 1963 by Joseph E. Granville. The OBV shows the importance of a volume and its relationship with the price. It compares the positive and negative volume flows against its price over a time period. To provide further confirmation that a trend may be weakening, Granville recommended using a 20-period moving average in conjunction with the OBV. As a result, OBV users could then observe such events more easily by notin
![Aroon Indicator SG](https://c.mql5.com/31/225/aroon-indicator-sg-logo-200x200-9290.png)
The Aroon Indicator is a technical indicator showing whether a price is trending, the strength of the trend, and whether any reversal of trend or range-trading is likely. The indicator consists of two lines, the Aroon Bullish Line and the Aroon Bearish Line. The Bullish Line is calculated as (bars in period - bars since highest high in period)/bars in period, expressed as a percentage. The bearish line is calculated similarly since the lowest low. Both are plotted on the same chart. Thus, both l
![PipFinite Trend PRO MT5](https://c.mql5.com/31/225/pipfinite-trend-pro-mt5-logo-200x200-6517.png)
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator.
Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938
The Powerful Expert Advisor Version
Automa
![Capital usage chart with balance and euqity curve](https://c.mql5.com/31/223/capital-usage-chart-with-balance-and-euqity-curve-logo-200x200-6951.png)
All traders face to a serious question: How to estimate trading strategy performance and control risk in real-time? Eventhough use backtest and optimizing in strategy tester, but unfortunately, trader need to deal with the curse of curve-fitting, because optimized result is just for the specific set of historical data that was tested. This indicator retrieves deal information from historical data then draws balance and equity curve of account and calculate drawdown in REAL-TIME. It helps trader
![Sequential R MT5 Version](https://c.mql5.com/31/222/sequential-r-mt5-version-logo-200x200-7396.png)
In today’s market, an objective counter trend technique might be a trader’s most valuable asset. Most of the traders in the financial market must be familiar with the name "TD Sequential" and "Range Exhaustion". The Sequential R is a Counter-Trend Trading with Simple Range Exhaustion System. Sequential R is useful to identify trend exhaustion points and keep you one step ahead of the trend-following crowd. The "Sequential R" is designed to recognize profitable counter trend patterns from your ch
![Bollinger R MT5 Version](https://c.mql5.com/31/351/bollinger-r-mt5-version-logo-200x200-9438.png)
The Bollinger R (Bollinger Reversals) is designed to recognize short term high profitable counter trend patterns from the chart. This system combines both Bollinger Bands and mean reversion to define positions where the market could potentially reverse direction. This is the MT5 version of Bollinger R Description Bollinger Bands are well known in the trading community. I have added the concepts mean reversion and "distance between Price and a Moving Average" to help confirm and trade the “bounce
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