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Technical Indicators for MetaTrader 5 - 18


The fractal indicator shows the latest support and resistance levels. If the price breaks through the level and is fixed, the indicator draws a rhombus of yellow or crimson color signaling a possible continuation of the movement towards the breakdown.
Indicator Settings:
- BarCount: sets the minimum number of bars required to build a fractal.
It is better to use the indicator in conjunction with other indicators.
FREE

Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the time frames. But, they will not be able to draw
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The indicator shows the current timeframe and symbol name. It is also possible to turn on the indication of time until the end of the current bar. In the settings, you can specify: - the location of the indicator in relation to the terminal window, top left, top right, bottom left and bottom right - a row of text display arrangements so that the inscriptions do not overlap each other - color - font - font size.
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The ORB The Opening Range Breakout or the OPR 'Open Price Range' MT5 Indicator is a powerful tool designed to enhance your trading experience by automatically tracking market openings range, custom ranges, sessions, and Asian ranges. This dynamic indicator is perfect for price action traders, offering unparalleled precision and accuracy without any manual effort. Key Features: London ORB The Opening Range Breakout : Automatically displays the London open price range. New York ORB The Openin

ПОСМОТРИТЕ НАШ НОВЫЙ СОВЕТНИК : : https://www.mql5.com/ru/market/product/95095?source=Unknown#description
Индикатор показывает время до закрытия свечи, а также время сервера на текущем графике. Очень прост в использовании, всего четыре настройки:
Lable Location- расположение таймера на графике; Display server time- показывать время сервера или нет; Sound alert when the candle is closed- использовать звуковой сигнал при закрытии свечи или нет; Colour -цвет цифр таймера. Другие полезные беспла
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This indicator was creating a perfect structure to not re-paint or recalculate, all signals are accurate. I can create a robotic version of this indicator but I need more precision in the signals. So appreciate this work.
Tips to use when trading, do not buy at the top or sell at the bottom, always buy at the bottom and sell at the top. Risk 1 to 3.
In the settings you can adjust the size of the shadow or trail of the candle, you can change the colors and sizes of the arrows.
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The TrendOscillator Indicator is an upgraded version of the traditional Stochastic Oscillator. It comprises two lines: %K and %D. The %K line represents the current market position. In contrast, the %D line is a moving average of the %K line used to generate signals and identify potential entry or exit points. The good thing is the indicator works on all timeframes like the traditional Stochastic. However, to avoid any false signals, applying the indicator on longer timeframes is better
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Introduction to the Candle Time Indicator The Candle Time Indicator for MetaTrader 5, helps users know how much time on a candlestick is remaining.
Overview of Candle Time Indicator settings. TextColor: set the color of the countdown clock; FontSize: set the size of the font; Installation Guide Copy and paste the CandleTime.ex5 indicator files into the MQL5 folder of the Metatrader 5 trading platform. You can gain access to this folder by clicking the top menu options, that goes as follows: Fil
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ICT SMT divergence represent a situation in the market where two correlated assets, being seen within the same timeframe, exhibit opposing structure. This can be seen in two positively correlated assets, as one asset forming a higher low, while the other forming a lower low instead of higher low. Version 1.03: Add Higher TF support An ICT SMT divergence serves as the primary signal of reversal for correlated assets. If two positively correlated assets are moving higher and at a point one makes a

Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. This indicator contains Daily VWAP and MIDAS' VWAP, which means you are able to anchor the beggining of MIDAS' calculations and, therefore you will be able to use this methodology to study price versus volume moves after anchor point. You will be able to anchor up to 3 HIGH MIDAS VWAP's and 3 LOW.
Wish
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The selective pin bar is designed to identify reversals. To use the selective pin bar effectively, traders typically look for Strong Rejection: The tail of the pin bar should extend significantly beyond the surrounding price action. It indicates that there was a sharp rejection of higher or lower prices during the trading period. A strong rejection suggests that the market sentiment may be changing.
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The Stochastic Momentum Index (SMI), developed by William Blau and featured in the January 1993 edition of Technical Analysis of Stocks & Commodities magazine, introduces a unique perspective to trading analysis. Distinguished from the conventional Stochastic Oscillator, which evaluates the current close in relation to the recent x-period high/low range, the SMI assesses the close's position relative to the midpoint of this range. This innovation yields an oscillator with a range of +/- 100, re
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This MT5 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments: 1 customizable multi-period moving average Optional Heikin-Ashi candles 3 switchable focus modes Distinct colors for easy analysis
Link to MT4 version: https://www.mql5.com/en/market/product/106708/
This indicator shows your preferred moving average from multiple time fram
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If you love this indicator, please leave a positive rating and comment, it will be a source of motivation to help me create more products <3 How to use Aroon Indicator? The AroonUp and the AroonDown measure the strength of the uptrend and the strength of the downtrend, respectively. These lines fluctuate between zero and 100. Values close to 100 indicate a strong trend and values near zero indicate a weak trend where the lower the AroonUp, the weaker the uptrend and the stronger the downtrend,
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For those Price Action traders who love to trade strong Price points, like yesterday's HIGH and LOW, here is an indicator to ease the identification of those values, drawn directly on your chart! MIN/MAX of the Day will automatically draw 2 lines showing you those points for you, AND, if you like any HIGH and LOW in the past, not just yesterday's prices. It can also be configured to additionally show today's HIGH and LOW prices - just configure the refresh rate of those lines at your own taste/s
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High of the Day and Low of the day Time and Price Fractal Studies is an indicator that will help you identify certain patterns that tend to repeat themseleves at certail times of the day or at certain prices.
It is used to study Daily Highs ad Lows in relation to time and price.
You will get to answer certail questions like:
At what time of day does this market usually turn around. At what price does the market turn. Is it at round numbers etc
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Tyr Bands Indicator (IC MARKETS GOLD). Just drag and drop. This indicators gets you entry points for the market. it is for gold, but you can configure for any other currency. Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stochcastic is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it i
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Brilliant Reversal Indicator for MetaTrader 5 - Your Ultimate Alert-Driven Trading Solution Unlock unparalleled trading success with the "Brilliant Reversal Indicator" tailored for MetaTrader 5. This powerful tool has been meticulously designed to empower traders by identifying critical reversal opportunities with lightning-fast alerts. Key Features: Precise Reversal Detection: The Brilliant Reversal Indicator for MT5 specializes in pinpointing potential trend reversals, providing you with a str

This indicator draws the Donchian Channel, filling the background with colors. The color of the middle line is changed following the current trend, based on the standard interpretation of the Donchian Channel.
Input Parameters: Period of the Channel (default is 20) Validate Signals (boolean value to filter out false breakouts, default is false) Background Settings
Show Background (default is true) U ptrend Color (default is DodgerBlue ) Downtrend Color (default is Orchid) Background Tran
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Trend Panel is a simple convenient tool that will display a confirmed trending direction of timeframes M1 - D1 using ten pairs chosen by the user. The indicator is designed to add confirmation of direction into any strategy/template and then also work as a clean interactive interface to quickly change the chart to a different pair or timeframe. Group chat : https://www.mql5.com/en/users/conorstephenson
Please contact me after your purchase for set up advice and a free Expert Advisor! My product
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AC Pivot Panel – Your Ultimate Pivot Trading Tool The AC Pivot Panel is a powerful yet user-friendly pivot point indicator designed to help traders identify key support and resistance levels with ease. Whether you’re a beginner or an experienced trader, this indicator simplifies pivot trading and enhances your decision-making process. Key Features : Interactive Selection Panel : Easily adjust pivot settings directly on the chart with a compact and intuitive panel. Multiple Pivot Methods : C
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This is diamond! Contact me to send you instruction and add you in group.
Diamond Pattern is based on Read The Market(RTM) concepts. The purpose of this model is to face the big players of the market (financial institutions and banks), As you know in financial markets, big traders try to fool small traders, but RTM prevent traders from getting trapped. This style is formed in terms of price candles and presented according to market supply and demand areas and no price oscillator is used in i

Initiated in 1995 by the physicist and technical analyst Paul Levine, PhD, and subsequently developed by Andrew Coles, PhD, and David Hawkins in a series of articles and the book MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets.Latterly, several important contributions to the project, including new MIDAS curves and indicators, have been made by Bob English, many of them published in the book.
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Simple indicator to show Breakeven line for all orders on attached chart pair. This indicator also comes with additional information such as Total Lot Size, Floating Drawdown in account's currency and Number of open positions and Difference from current price in Points. Do you use DCA (dollar cost average) or Hedging approach on your trading? Then this indicator you MUST have. Really useful, when you have multiple orders (hedging), this can help you quickly identify breakeven point without calc
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If you like this project, leave a 5 star review. Trading large volumes requires us to look at multiple instruments/charts to
find new opportunities, this indicator will help you by plotting specific
levels by the multiple of a number or its suffix and update them automatically
as the price changes, a task that would otherwise be tedious. For example, on GBPUSD, you could have 4 instances of the indicator on the
chart to plot: Each 0.01 intervals with line length of 100 bars. Each price ending in
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Highly configurable Bollinger Bands indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation option Works on strategy tester in multi timeframe mode (at weekend without ticks also) Parameters:
Bollinger Bands Timeframe: You can set the lower/higher timeframes for Bollinger Bands. Bollinger Bands Bar Shift: Y ou can set th
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This Indicator has been developed to help you as a trader to identify the direction of the market, IN trading we have Three types of movements an UPTREND,DOWNTREND and SIDEWAYS, The side ways market move is where most traders get trapped, as the price is consolidating ,this simply means there is no direction ,To the scalpers this can be an advantage to them ONLY if they know how to identify when assets classes are in this period. An attempt to develop how to identify trends is what this indicat
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VolumeFlow is a Volume Accumulation / Distribution tracking indicator. It works in a similar way to OBV, but it is much more refined and includes the options to use: Classical Approach = OBV; Useful Volume Approach; Gail Mercer's approach; Input Parameters: Input Parameters: Approach Type: Explained above; Volume Type: Real or Ticks; Recommendations: Remember: The TOPs or BOTTONS left by the indicator are good Trade Location points. This is because the players who were "stuck" in these regions w
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Historical Equity Flow Indicator (HEFI)
Description HEFI is an indicator for MetaTrader 5 that visualizes the dynamics of account balance and floating balance in real time. It helps traders analyze the historical effectiveness of their trading, as well as assess the current state of open positions.
What is it intended for?
Account balance tracking, taking into account closed transactions for the selected period.
Displaying a floating balance (balance + uncovered profits/losses).
Analysis o
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You may find this indicator helpfull if you are following a session based strategy. The bars are colored according to the sessions. Everything is customisable.
Settings: + Asia Session: zime, color, high, low + London Session: zime, color, high, low + US Session: zime, color, high, low
Please feel free to comment if you wish a feature and/or give a review. Thanks.
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The UzFx-Total TP'SL & Timer-MT5 indicator is designed to provide real-time tracking of total Take Profit (TP) and Stop Loss (SL) values across all open and pending trades. Additionally, it includes a candle countdown timer to indicate the remaining time for the current candle to close. Checkout All Other Products --> HERE
Key Features:
Total TP & SL Calculation: Automatically calculates the total expected profit and loss from all active trades and pending orders.
Candle Timer: Displays
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ADX indicator is used to determine the trend and its strength. The direction of the price is shown by the +DI and -DI values, and the ADX value shows the strength of the trend. If +DI is above -DI, then the market is in an uptrend, if on the contrary, it is a downtrend. If ADX is below 20, then there is no definite direction. As soon as the indicator breaks this level, a medium-strength trend begins. Values above 40 indicate a strong trend (a downtrend or an uptrend).
Multicurrency and multiti

This indicator shows the breakeven line level for the total number of open positions of the current symbol with P/L value and total volume. This indicator is helpful to decide the exit level when using a trading grid strategy. The style of the breakeven line is customizable to choose the color, line shape and font size of the positions description. Send mobile notification when crossing a positive P/L target
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This indicator is based on Mr. Mark Fisher's ACD strategy, based on the book "The Logical Trader."
- OR lines - A lines - C lines - Daily pivot range - N days pivot range - Customizable trading session - Drawing OR with the desired time Drawing levels A and C based on daily ATR or constant number - Possibility to display daily and last day pivots in color zone - Displaying the status of daily PMAs (layer 4) in the corner of the chart - Show the order of daily pivot placement with multi-day piv
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Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
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Cybertrade ATR Trend Zone - MT5 The indicator shows, by calculating the ATR (Average True Range), the zone of probable price resistance. Indicated to be used as a probable exit point of an operation.
It works on periods longer than the period visible on the chart. All values are available in the form of buffers to simplify possible automations. This indicator is the same one we use in our EA. Also check out our other products.
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This indicator is a very simple indicator that draws candlesticks on a chart. However, it is possible to draw not only on the main chart but also on several sub-charts. In addition,it is possible to draw different symbols and timeframes from the main chart. features. 1. any symbols 2. any timeframes 3. two candle type(normal and heikin ashi) 4. many candle colors(intersection with ma_1) 5. pivot line (ver1.2) In case of positive candle, FULL : change color if low is over ma_1 PARTIAL :
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Trade double tops and bottoms effectively
The PZ Double Top/Bottom Indicator is a technical analysis tool that helps traders identify potential price reversal patterns in the market. These patterns, known as double tops and bottoms, are characterized by two consecutive peaks or valleys in the price of an asset. Double tops and bottoms are often seen as potential reversal patterns because they can signal a change in the direction of the current trend. [ Installation Guide | Update Guide | Troubl

Master head and shoulders patterns for better trading decisions
A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. It predicts a bullish-to-bearish trend reversal and is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that a trend is nearing its end. [ Installation Guide | Update Guide | Troub

Stay ahead of the market: predict buying and selling pressure with ease
This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies

Trading Session Indicator for MT5 This Session Indicator for MT5 visually highlights key trading sessions directly on your chart with customized colors, making it easier to track market movements during different time zones. The indicator automatically detects and displays the Asian, European, and US trading sessions, offering clear visual separation for each session using user-defined color schemes. Key Features: Automatically plots the major trading sessions (Asian, European, and US) on the ch
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Engulfing Pattern is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when a "Bullish" or "Bearish engulfing pattern forms on the timeframe. This indicator comes with alerts options mentioned in the parameter section below. Join our MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the private link. Engulfing Pattern Indicator MT4 Other Products Try our Martini EA with 2 years of liv
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The daily custom period seperator indicator allows you to draw period seperators for your lower time frame charts H1 and below. The period seperator gives you options to set different colors for: Weekend - saturday/sunday Monday and Friday Midweek - Tuesday to Thursday.
By default the indicator plots the period seperator line at 00:00 hours for the last 10 days.
Use Cases: The indicator can be used as a colourful alternative period seperator to the default MT5 period seperator. For those tha
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Данный индикатор рисует торговые зоны по фракталам со старших периодов, что упрощает торговлю по уровням.
На одном графике данный индикатор рисует два типа торговых зон. Например если текущий период - H1, то торговые зоны будут искаться по фракталам с H4 и с D1. В стандартных настройках фрактальные зоны с H4 будут рисоваться желтым цветом, а с D1 - зеленым. При наложении зон, происходит смешивание цветов в месте пересечения зон. Как данную вещь поправить, я не знаю в данный момент.
Принцип пои
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A Renko Tick chart based on continuously adjusting percentage.
Live Renko bricks formed by tick data
Adjustable brick width expert for indicator attached Scalp with a Renko, get weird.
The settings can and will break the script if you turn them up too high. Turning off outline mode will not look as nice, but can potentially allow for a larger number of bricks.
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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 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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Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90. above 30 degrees is the buying area, below -30 degrees is the selling area. abo

O WA Order Block FVG bos MT5 é um indicador com base no estudo de SMC (Smart Money Concepts) criado pelo ICT Inner Circle Trader, eleplota no seu gráfico as informações de Order Blocks em 3 tempos gráficos diferentes, fair Value Gaps e Regiões de Liquidez além do BOS ( Break os Structures), tudo em um só indicador. Dessa forma você não precisa colocar essas informações de forma manual. Agora você tem tudo isso de forma automática em seu gráfico.

This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s .
The basic idea behind this indicator is it draws a tangent line on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know
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Break Even Line by MMD
The Break Even line is a useful indicator for people using strategies that allow simultaneous trades in both directions, such as the MMD methodology. This indicator is useful when playing statistical models and averaging positions in accumulation and distribution zones. The indicator draws levels by summing positions in three groups: positions included in BUY, positions included in SELL and all positions included.
Functionality description:
Show BUY BELine - shows or
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Asia Range STDV I ndicator
This Indicator is designed not only to identify the Asia session trading range and Standard Deviation levels but also to assist traders in creating a systematic entry and exit strategy based on the higher timeframe daily trend . The indicator supports both bullish and bearish scenarios, allowing traders to focus on key moments when the Asia range's high or low is "swept" (broken) in line with the confirmed trend. Strategy Overview: 1. Confirming the Daily Trend (Bul
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Session Box Indicator for MetaTrader 5
Description: The SessionBox indicator is designed to visually represent the trading sessions on a chart, specifically the Asian, European, and American sessions. This indicator draws customizable rectangles around each session, allowing traders to easily identify different trading periods. It also includes labels to denote each session, enhancing clarity.
Users only need to input the session start and end hours in their server time. Please note, the Asia
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This indicator shows current major support and resistance, if one exists. And as a support or resistance is broken it shows the new current, if any. To identify support and resistance points it uses the high and low points identified on the current chart. Allows too you to inform the maximum number of bars used to consider a support or resistance point still valid.
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The standard Fractals Bill Williams indicator with the ability to specify the number of candles for formation. The indicator works on all charts and timeframes.
Settings: candles - the number of candles to the left and right on the basis of which the fractal is built (in the classic indicator this value is always 2)
Contact: If you have any questions or need assistance, please contact me via direct message. Author: Fertikov Serhii, More of my indicators, advisors, scripts are available in t
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Highly configurable Williams %R indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters:
Williams %R Timeframe: You can set the current or a higher timeframes for Williams %R. Williams
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Description This is an indicator for MT5 which has enhanced the "Fractals" indicator. "Fractals" indicator is included in MT5 by default but the draw line period is fixed at "5" and it cannot be modified. Thus I have reinvented the Fractals indicator with some useful function added. This tool will be useful especially for those who are learning how to draw good horizontal lines and wants to get some reference. Of course, those who are considering Fractals as an important horizontal line wil
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The indicator combines the features of both the Tick charts and Volume Bar charts. The mode can be selected in the indicator's settings.
Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). Volume bar charts are desig

Slope Channel Indicator for MetaTrader
Looking for a tool to analyze market trends that suits any trading style? Slope Channel is your reliable assistant in identifying price direction and key market levels! What is Slope Channel? Slope Channel is an innovative indicator that constructs an inclined channel on the chart, automatically calculating its parameters based on local extremums. This tool highlights the optimal channel option, allowing you to quickly adapt to changing market conditio
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Panther Scalping Indicator – Your Ultimate Trading Edge! Maximize Your Profits with the Panther Scalping Indicator! We’ve transformed the powerful Panther Scalping Strategy into an advanced indicator that gives you precise Buy and Sell signals on Deriv’s Synthetic Indices , including Volatility Indices, Step, Jump, and Drift Switching Indices. How It Works:
Lime Up Arrow – Clear Buy Signal when market conditions align.
Red Down Arrow – Strong Sell Signal to capitalize on downtrends

All in One package includes the Oscillator Predictor , MACD Predictor , Thrust Scanner and Advanced Fibonacci indicators which are mandatory for applying Dinapoli trade plans.
Please visit below links for detailed explanations of indicators. Advanced Fibonacci Indicator => https://www.mql5.com/en/market/product/107933 Thrust Scanner Indicator => https://www.mql5.com/en/market/product/52829 Overbought /Oversold Predictor indicator => https://www.mql5.com/en/market/product/52628 Macd

The MP Andean Oscillator is used to estimate the direction and also the degree of variations of trends. It contains 3 components: Bull component, Bear component and Signal component. A rising Bull component indicates that the market is up-trending while a rising Bear component indicates the presence of down-trending market. Settings: Oscillator period: Specifies the importance of the trends degree of variations measured by the indicator. Signal line per: Moving average period of the Signal line
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It makes it easier to see where there have been consolidation zones for previous prices and allows you to highlight the histogram where there is the biggest consolidation zone.
Input parameters Intervalo de preço Is the price between the histograms
Periodo Number of candle sticks to be analyzed
Porcentagem Highlights the histogram where there is minimal consolidation in relation to the analyzed period
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Its our anniversary! To give back enjoy this 60% discount for the next week (original price $239)
We have combined all of our beloved indicators the likes of: Key level order block , Key level supply and demand , Key level liquidity grab and Key level wedge into one single indicator and dashboard.
Whats new Dashboard : There is an easy access dashboard for all your needs. Multi-timeframe button : There is now a multi-timeframe option for Order Blocks and Supply and demand zones, maki

Momentum Reversal is a powerful tool for detecting possible reversal points and the beginning of correction, based on the analysis of the intensity of price movements and bar formations.
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How to use the indicator signals:
The indicator generates a signal after a new price bar appears. It is recommended to use the generated signal after the price breaks through the critical point in the specified direction. The indicator does not redraw its signals.
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For MT4 version please click here . Introduction Most traders use candle patterns as a confirmation tool before entering a trade. As you know there are lots of candle patterns out there. However I realized most of them can be generalized in simple rules. So I developed my own candle pattern(Although I cannot say for sure this is mine). pattern description The pattern consists of three consecutive candles. This is true for most of the patterns out there (considering there is a confirmation neces
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Indicators are for trend followers!
A trading system constructed by three moving averages. Trade with the trend and let profits run. 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 ,
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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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The Forex Gangster Indicator allows you to determine the current trend. If the Forex Gangster Indicator line has moved below the price and turned blue, then you should open deals for an increase. If the Forex Gangster Indicator line has appeared above the price and turned red, then you should open deals for a decrease: The indicator is suitable for any time frames, but it needs to be supplemented with filtering indicators, since by itself it is late and does not have time to give an accurate si
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KT Candlestick Patterns finds and marks the 24 most dependable Japanese candlestick patterns in real-time. Japanese traders have been using the candlestick patterns to predict the price direction since the 18th century.
It's true that not every candlestick pattern can be equally trusted to predict the price direction reliably. However, when combined with other technical analysis methods like Support and Resistance, they provide an exact and unfolding market situation. KT Candlestick Patterns S
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