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Technical Indicators for MetaTrader 5 - 11
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.
This indicator recognizes all support and resistance levels. A number of unique high-performance techniques have been applied, which made the existence of this indicator possible.
All formed channels are naturally visible: horizontal linear linear parabolic cubic (Polynomial 3 degrees - Wave) This is due to a bundle of approximating channels. The formed channels form "standing waves" in a hierarchical sequence. Thus, all support and resistance levels are visible.
All parameter management is
** All Symbols x All Time frames scan just by pressing scanner button ** *** Contact me after purchase to send you instructions and add you in "Divergence group" for sharing or seeing experiences with other users. Introduction MACD divergence is a main technique used to determine trend reversing when it’s time to sell or buy because prices are likely to drop or pick in the charts. The MACD Divergence indicator can help you locate the top and bottom of the market. This indicator finds Regular div
This indicator is a conventional analytical tool for tick volumes changes. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). The algorithm used internally is the same as in the indicator VolumeDeltaMT5 , but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 4 exists - CumulativeDeltaBars . This is a limited substi
Time your Entry and Exits with Average True Range (ATR) Trailing Stops ATR Trailing Stops are primarily used to protect capital and lock in profits on individual trades but they can also be used, in conjunction with a trend filter, to signal entries. The indicator will help make your calculation of stop loss easier as it will be visually aiding you in choosing where to put your stoploss level on the chart by calculating the current value of ATR indicator. For those who are unfamiliar with ATR, i
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The fact that round number levels have a significant influence on the market cannot be denied and should not be overlooked. These psychological levels are used by both retail Forex traders and major banks that deal in Forex. Very simple and effective indicator and most importantly free. ////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// The program does not work in the strategy tester.
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The indicator IQuantum shows trading signals for 10 symbols in the daily chart: AUDUSD, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY, USDNOK, and USDSEK.
Signals of the indicator are produced by 2 neural models which were trained independently from one another. The inputs for the neural models are normalised prices of the symbols, as well as prices of Gold, Silver and markers of the current day.
Each neural model was trained in 2 ways. The Ultimate mode is an overfitted neural mo
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Simple Super Trend indicator for MetaTrader 5. A trend indicator similar to moving averages. Use it for entry and exit signals. It gives accurate signals on precise time. Works as a Trailing SL/TP. This indicator can also be used on multiple timeframes where you place it on a larger timeframe then go to a lower timeframe. Super Trend needs to be used in conjunction with other indicators like rsi, Parabolic SAR, MACD, etc to receive filtered signals.
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The Hybrid Stochastic indicator is a Stochastic RSI described by the famous Tushar Chande and Stanley Kroll in their book called " The New Technical Trader" . The main goal of this indicator is to generate more Overbought and Oversold signals than the traditional Relative Strength indicator (RSI). Combining these 2 indicators expands the range of the overbought and oversold territory. The idea behind it is to use the Stochastic formula over RSI values. If you want to know more about its internal
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The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The classic style version. Dear friends and users of our EAs, please add your ratings in the Reviews section. All updates to our forex software are free ! This is a free trading utility! Other Features: There is an option in the input
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Bollinger Bands % or Bollinger Bands Percentage is one of the indicators used in the Sapphire Strat Maker - EA Builder .
It is calculated using the following formula:
Perc = (CLOSE_PRICE - LOWER_BOLLINGER) / (UPPER_BOLLINGER - LOWER_BOLLINGER) * 100
Thus, by taking the difference between closing price to the lower band and dividing it by the difference of the upper and the lower price levels of a Bollinger Bands indicator, we can calculate this indicator.
It shows how far the price is f
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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me after the purchase to send you instructions and add you in "Trend Reversal group" for sharing or seeing experiences with other users. Introduction: Trendlines are the most famous technical analysis in trading . Trendlines continually form on the charts of markets across all the different timeframes providing huge opportunities for traders to jump in and profit on the action. In the other hand, The tre
Stochastic indicator alerts when EA Available in comments , must have indicator installed buys stochastic main line is above signal line stochastic is below 30 rsi 5 is below 20 sell stochastic main line is below signal line stochastic is above 70 rsi 5 is above 80 ADD to chart Stochastic k 30 - d 9 - slowing 3, levels 30/70 rsi 5 lelels 20.80
Full alerts push, mobile , email ect All input settings variable feel free to contact for more information or alert sugestions
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The 3 Candlestick Engulf indicator is a candlestick pattern indicator that considers the last 3 bearish candles for a Bullish Engulf candlestick pattern signal and last 3 bullish candlesticks followed by a Bearish Engulf candlestick pattern for a bearish signal. Engulfs are also presented in both trending and non-trending situations of the market though recommended to move with signals that are in line with the trend basing on the moving average. The indicator has multiple input features that yo
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For those who love to trade using the Heikin Ashi Candlesticks, here it is a powerful ally: Heikin Ashi Delta . This indicator was presented by Dan Valcu in his book about Heikin Ashi candlesticks called " Heikin Ashi - How To Trade Without Candlestick Patterns " - and by the way this is a very cool book, we totally recommend it. Even for those of you who don't trade using Heikin Ashi candlesticks could use this Leading Indicator anyway. It is more "nervous" than let's say a Stochastic, but coul
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Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order
Are you tired of plotting Fibonacci retracements or extensions manually? This indicator displays Fibo retracements or extensions automatically, calculated from two different price points, without human intervention or manual object anchoring. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Manual anchoring is not needed Perfect for price confluence studies The indicator evaluates if retracements or extensions are needed Once drawn, you can manually edit t
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Automatic Trend Line Fit. This indicator automatically plots the straight line and parabolic (curved) trend to any symbol at any timeframe. The plotted straight line is a good indication of the current trend and the curved line is an indication of a change momentum or change in the current trend. Plotting the straight line over about 2/3 the number of candles as the curved line is usually a good way to determine entry and exit points as it shows the current trend and momentum of the market. This
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SETTINGS Make sure to select Chart shift option in the chart.
(Right click in the chart ---> Properties (dialog box) ----> Select Chart Shift)
Kindly rate and comment about the product for upgradation & Support
When using candlestick timers, keep in mind that the timing of candlestick patterns can play a crucial role in your trading strategy. For instance, different timeframes (such as 1-minute, 5-minute, hourly, ) can provide varying insights into price movements and trends. Make sure t
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The Expert Advisor for this Indicator can be found here: https://www.mql5.com/en/market/product/115564 The Contraction/Expansion Breakout Indicator for MetaTrader 5 (MT5) is a powerful tool designed to identify and signal the breakout of bullish and bearish contraction or expansion formations in financial markets. Utilizing advanced algorithmic calculations, this indicator helps traders spot significant price movements that often accompany these formations, providing valuable insights for stra
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Bring your trading charts to life with our innovative Metatrader Theme Builder! Our Theme Builder allows you to create a trading environment that suits your personal style and preferences. With an easy to use interface and fully integrated into Metatrader, you now have full control over the look and feel of your charts / Free MT4 version .
Features
Total Customization: Easily modify the candlestick color and chart background to reflect your unique trading style. From soft, professional to
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The Alert Arrows RVI indicator is an advanced version of the Relative Vigor Index (RVI) indicator, enhanced with alert arrows functionality. It has the ability to identify potential support and resistance levels, providing traders with valuable insights into market dynamics. Key Features: Alert Arrows: Alert arrows have been integrated into the RVI indicator, offering visual cues for potential trading opportunities. Additional Filters: Two additional filters have been incorporated to enhance ind
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Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The starting bar is the bar which drawing of the trend lines will begin, while the number of bars for c
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This indicator allows you to measure retracements of price between any two points in either direction. It displays the price points, percentages and also displays the extension levels.
User may Modify and Add addition levels and extensions." User may also Add multiple Fibonacci indicators on the chart and change their colors, style and sizes.
Can be used on any timeframe.
This is the only Fibonacci Tool you'll need to measure and trade on Structure.
MT4 Version Available as well.
ADDI
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Finally a Metatrader version of the very popular (and expensive) Market Cipher B indicator, or the Vumanchu Cipher B + Divergences very popular on Tradingview platform.
This tool is very heavy on calculations, total are 31 plots using 97 buffers from several indicators. On my mid end computer, timeframes below M15 start getting a bit laggy, so it would require a powerful computer to run it properly at very low timeframes. It's still usable here, but somewhat sluggish response in Metatrader (l
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Harmonic patterns are characteristic series of price movements with respect to Fibonacci levels, which statistically precede price reversals. This indicator searches for harmonic patterns. It is capable of recognising 26 classical and non-classical harmonic patterns : Classical Gartley Butterfly Alternate Butterfly Bat Alternate Bat Crab Deep Crab Three Drives Non-classical Shark Alternate Shark Cypher 5-0 Anti Gartley Anti Butterfly Anti Alternate Butterfly Anti Bat Anti Alternate Bat Anti Crab
The Candle Countdown Timer for MetaTrader 4 (also available for MT5) is a vital indicator designed to help you manage your trading time effectively. It keeps you updated about market open and close times by displaying the remaining time before the current candle closes and a new one forms. This powerful tool enables you to make well-informed trading decisions. Key Features: Asia Range: Comes with an option to extend the range. Broker Time, New York, London Time: Displays the current broker time
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BeST_Hull MAs Directional Strategy is a Metatrader Indicator based on the corresponding Hull Moving Average.It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used either as a standalone Trading System or as an add-on to any Trading System for finding/confirming the most appropriate Entry or Exit points. This indicator does use only the directional slope and its turning points of Hull MAs to locate the Entry/Exit points while it
The ICT Zone Arrow Indicator is an innovative tool developed based on ICT principles. It provides ease and efficiency in identifying key trading areas in the market. Based on the 'killzone' concept, this indicator provides traders with important support and resistance levels by identifying places where large changes in price direction could potentially occur.
The ICT Zone Arrow Indicator provides visual graphical markers that help traders identify trade entry zones with a high probability of
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This indicator finds double top and double bottom reversal patterns, and raises trading signals using breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
Clear trading signals Customizable colors and sizes Implements performance statistics Customizable fibonacci retracement levels It displays suitable stop-loss and take-profit levels It implements email/sound/visual alerts These patterns can expand, and the indicator follows the pattern by repainting. Howe
The DYJ SignalSourceOfWPR is based on WPR indicator. It can be used for any currency pair and timeframe. The WPR recommends Indicator values ranging between 80 and 100% indicate that the market is oversold. Indicator values ranging between 0 and 20% indicate that the market is overbought. The entry signal of this indicator is a turning point in the trend.
The indicator uses analog trading technology,
Provide you with indicators to evaluate the overall profit of the opening signal and clo
The Donchian Channel Channels are among the most popular tools of technical analysis, as they visually convey to the analyst the limits within which most price movement tends to occur. Channel users know that valuable information can be obtained at any time, whether prices are in the central region of a band or close to one of the border lines.
One of the best known techniques to explore these concepts is Bollinger Bands. However, John Bollinger was not the only one to research the applicatio
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Descubre el poderoso aliado que te guiará en el laberinto de los mercados financieros. Este indicador revolucionario te llevará de la incertidumbre a la claridad, permitiéndote identificar con precisión los puntos de inflexión del mercado. Mejora tus decisiones de entrada y salida, optimiza tus operaciones y ¡multiplica tus ganancias con confianza.
¡Para más información, te invitamos a unirte a nuestro canal de Telegram en https://t.me/Profit_Evolution ¡Allí encontrarás contenido exclusivo, a
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Moving Average Convergence/Divergence — схождение/расхождение скользящих средних — технический индикатор, разработанный Джеральдом Аппелем (Gerald Appel), используемый в техническом анализе для проверки силы и направления тренда, а также определения разворотных точек. Встроенный в MetaTrader 5 индикатор MACD не соответствует задумке автора (Gerald Appel):
-линия MACD графически изображена в виде гистограммы, однако гистограммой отражается разница между линией MACD и сигнальной линией;
-сигнал
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Draw and Sync Objects Multiple Charts 1. Draw objects by key press. ( You must: 1. Press Function key => 2. Click where you want to draw => 3. Draw it => 4. Press ESC to complete). (If you don't want to draw after pressing function key, you must press ESC to cancel). 2. Developing : Sync selected objects to multiple charts by button. 3. Developing: Hide objects that do not belong to the current symbol (Objects drawn with this indicator will belong to the symbol they are plotted on. When your c
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This product is designed to display the trading sessions of 15 countries based on the time zone of your broker server and various display modes based on your desired settings to prevent chart congestion and the possibility of setting a session with the user's desired time.
The sun never sets on the forex market, but its rhythm dances to the beat of distinct trading sessions. Understanding these sessions, their overlaps, and their unique atmospheres is crucial for any forex trader who wants to
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This indicator is a simple tool to spot a possible trend.
When the ribbon below the price bars, It will turn to Green color and the trend is seen to be bullish When the ribbon above the price bars, it will turn to Red color and the trend is seen to be bearish. It can be used a either Entry Signal Exit Signal or trailing stop, so it is very versatile. By default color : Green is UP trend and Red is Down trend and this work perfect with Bar4Colors.ex5
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The indicator shows round levels on the chart. They are also called psychological , banking, or levels of major players. At these levels, there is a real fight between bulls and bears, the accumulation of many orders, which leads to increased volatility. The indicator automatically adjusts to any instrument and timeframe. When the level 80 is broken through and then tested, we buy. When level 20 is broken through and then tested, we sell. The target is 00. Attention. Due to
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The Precision Index Oscillator (Pi-Osc) for MT5 by Roger Medcalf of Precision Trading Systems First of all, if you have any questions please contact me via my website which you can find by searching the above title. Version 2 has been carefully recoded to be super fast to load up on your chart and some other technical improvements have been incorporated to enhance experience. Pi-Osc was created to provide accurate trade timing signals designed to find extreme exhaustion points, the points
Probability emerges to record higher prices when oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or trough -
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Thermo MAP is a multicurrency and multitimeframe indicator that display a smart heat map based on proprietary calculations. Watch how Forex market moved and is currently moving with a single dashboard and have a consistent and good idea of what is happening!
It can be suitable for both scalping or medium/long term, just select options that better fit your trading style Symbols list are automatically sorted based on the preferred column. There is the possibility to click on: First row, timefram
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ICT Kill zone and Macros Indicator mark and display the following zone times on the chart: Kill zones Kill zone Forex Asian
London Open New York Open London Close Central Bank Dealing range
Kill zone Indices Asian London Open New York AM New York Lunch New York PM Power Hour
Macros London 1 London 2 New York Am 1 New York AM 2 New York Lunch New York PM 1 New York PM 2
Silver bullet London Open New York AM New York PM
Sessions Asian London New York
Chart The display of Kill zone ,
VWAP Fibo Bands RSJ is an indicator that traces the lines of the daily VWAP and from it creates bands using Fibonacci proportions. This spectacular indicator creates 10 band levels through the selected VWAP period using Fibonacci ratios.
It is fantastic how the prices respect each level of the bands, where it is possible to realize that almost every time the price closes above / below a level of the bands he will seek the next one. If close above will seek to reach the level above and if close
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This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels
It impl
The indicator shows a trend and goals for the current situation every day. The indicator also reduces the number of loss-making deals, for counting the right definition of market conditions. Designed for analysis and trade within the day. How to use: Blue line shows the opening price of the day, from it 4 lines are set according to a special formula, which determine the goals for the current day. You can search and open deals in the direction of the trend. Grey line is the first target. When the
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If you like this project, leave a 5 star review. Follow on instagram: borelatech As institutionals trade large volumes, it is not uncommon for them to try to
defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use
either to enter a trade or be aware of possible dangers against your position. An example of a common used percentages are 0.25% and 0.50% on EURUSD for the
week, you can see this example on the screenshots.
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The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can
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We often need to know the sudden change in trend that happens on the graph and this can be confirmed through indicators.
This indicator shows the moments of trend reversal and how in which trend the price is shifting.
Custom background, no need to configure the colors in the chart, just drag the indicator!
Indication with arrows.
- Blue arrow: Upward trend.
- Pink Arrow: Downward Trend.
NOTE: Free indicator, support may take a while to respond.
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The HighsAndLowsPro indicator for MetaTrader 5 marks local highs and lows in the chart. It distinguishes between weak and strong highs and lows. The line thicknesses and colours can be individually adjusted. In the default setting, the weak highs and lows are displayed thinner, the strong ones thicker. Weak highs and lows have 3 candles in front of and behind them whose highs are lower and lows are higher. The strong highs and lows have 5 candles each.
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## If you are unable to use the demo version, please contact us by message. ## Operate professionally using WAPV Full and be able to track where is the big players money Imagine you have in your hands a tool that alone does the reading of the major Market Players, showing the best trading regions based on Price and Volume analysis. WAPV Full is a complete tool, 100% focused on R. Wyckoff's operational In addition to mapping market movements in trading waves, it also maps the Market by reading P
Very simple, yet powerful, indicator that helps you get notified every time a candle touches your trend line, horizontal line, and/or your rectangular. Powerful indicator yet very simple to use! All you need to do is draw your MT5 trend lines, horizontal lines, and/or rectangles and SmartLine takes care of notifying you the moment the current price touches one of your key levels! No brainer If you like the indicator, please leave a review and share the tool with your peers. WARNING: Please use t
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The indicator shows bullish and bearish divergence. The indicator itself (like regular stochastic) is displayed in a subwindow. Graphical interface : In the main window, graphical objects “trend line” are created - produced from the “Low” price to the “Low” price (for bullish divergence) and produced from the “High” price to the “High” price (for bearish divergence). The indicator draws in its window exclusively using graphic buffers: “Main”, “Signal”, “Dot”, “Buy” and “Sell”. The "Buy" and "
Smart Liquidity Levels is a valuable tool for identifying optimal liquidity levels, enabling retail traders like us to strategically set our stop-loss orders. T he essential tool for traders seeking to maximize their trading success. The liquidity level is a critical component of inner circle trading (ICT). It assists us in determining when and how we should enter the market. Watch the video for detailed instructions. Here's why understanding liquidity levels is crucial in trading and how our
The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator.
This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis.
Metatrader4 Version | How-to Install Product | How
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Identification of support and resistance areas
A useful indicator for traders
completely free
Can be used in all symbols
Can be used in all time frames
It has three different trends: short term, medium term, long term
Settings:
Clr1,2: You can change the color of the lines
Type Trend: You can determine the trend
Message me for questions, criticism and suggestions
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"Welcome to the introduction of our advanced WaveScalping Pro Indicator: Our latest indicator is the result of careful development aimed at equipping scalping traders with a precise and effective trading strategy. The WaveScalping Pro Indicator offers a range of features designed to enhance the scalping experience and provide clear signals along with important trading information. Key features of the WaveScalping Pro Indicator: Precise Trading Signals: Based on advanced algorithmic calculations,
VR Ticks is a special indicator for scalping-based strategies. Thanks to this indicator, the trader can see the tick chart directly on the main chart of the financial instrument. A tick chart allows you to enter a position into the market or close a position in the market as accurately as possible. VR Ticks plots tick data in the form of lines that change color depending on the direction - this allows you to visually understand and assess the situation on ticks. The advantage of tick charts i
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This is a simple trend strenght indicator that is based on 5 moving averages on five diferente timeframes. As for now, the end user has no access to the SMA configurations but ill implement that on the future.
This indicator has 7 diferents trend indexes they are. Strong bearish, bearish, slighly bearish, normal, slighly bullish, bullish and strong bullish. You can change the gauge colors to better fit your taste and the chart background.
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This indicator show Gann Swing Chart (One Bar) with multi layer wave. 1. Wave layer F1: Gann waves are drawn based on candles. SGann wave(Swing of Gann) is drawn based on Gann wave of wave layer F1. 2. Wave layer F2: Is a Gann wave drawn based on the SGann wave of wave layer F1. SGann waves are drawn based on Gann waves of wave layer F2. 3. Wave layer F3: Is a Gann wave drawn based on the SGann wave of wave layer F2. SGann waves are drawn based on Gann waves of wave layer F3. ---------Vi
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Key Price Levels Indicator Indicator that shows the highs and lows for the significant price levels for past periods that could be potentially considered as reaction levels. The indicator displays the following price levels: Yesterday high and low The day before yesterday high and low Two days back high and low Last week high and low Last month high and low Last three month high and low (Quarter) Last year high and low
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A Swing Failure Pattern ( SFP ) is a trade setup in which big traders hunt stop-losses above a key swing high or below a key swing low for the purpose of generating the liquidity needed to push price in the opposite direction. When price 1) pierces above a key swing high but then 2) closes back below that swing high, we have a potential bearish SFP . Bearish SFPs offer opportunities for short trades. When price 1) dumps below a key swing low but then 2) closes back above that swing low, we have
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
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The ATR Exit indicator uses the candle close + ATR value to draw trailing stop lines (orange under buys, magenta over sells) that advance with the trend until the trend changes direction. It uses a multiple of the Average True Range (ATR), subtracting it’s value from the close on buy, adding its value to the close on sell. Moreover, the trailing stop lines are generated to support the order’s trend direction (long or short): In an upward trend, the long trailing stop line (orange line under bu
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Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
Trend Chief is an advanced indicator algorithm that filters out market noise, determines the trend, entry points as well as possible exit levels.
Use shorter time frames for scalping and higher time frames for swing trading.
Trend Chief is perfect for all Metatrader symbols: currencies, metals, crypto currencies, stocks and indices
* How to use the Trend Chief indicator:
- Get the main trend by looking at Daily and H4 charts
- If the trend is up, go to smaller time frames like m15 and
Expected Range is a great tool for understanding the possible price deviation from daily open price.
This Indicator can be interpreted as follows --> I want to identify a price level with an "x%" probability of the price revisiting it.
Then you choose these "x%" price levels and the indicator is gonna find them for you.
So for example, if you select value of 15, it means that the indicator is gonna find you a price level which has a 15% chance of price revisiting it.
You can choose up
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Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher probability. This i
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A useful dashboard that shows the RSI values for multiple symbols and Time-frames. It can be easily hidden/displayed with a simple click on the X top left of the dashboard. You can input upper and lower RSI values and the colours can be set to show when above/below these values. The default values are 70 and 30. You can choose whether the dashboard is displayed on the right or left of the chart. If you want to have 2 dashboards on the same chart you must input a different name for each. The sca
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The DR IDR Range Indicator plots ADR, ODR and RDR ranges for a given amount of days in the past. A key feature that appears is that it calculates the success rate of the ranges for the shown days. This indicator is perfect for backtest since it shows ranges for all of the calculated days, not just the most recent sessions. PRO VERSION
https://www.mql5.com/en/market/product/93360 Remember: this free version counts neutral days as true days , so stats might be slightly inflated. To get perfect
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Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO "Cooperative QQ:556024" "Cooperation wechat:556024" "Cooperative email:556024@qq.com" Strong
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