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Technical Indicators for MetaTrader 5 - 39

icon Signals from technical indicators play a crucial role in opening and closing deals on stock and Forex markets. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting future price changes. Test technical indicators to better predict market behavior and profit from it.
This indicator shows an Up trend (Green square ) if a fast MA is above slow MA and Down trend (Red square) if a fast MA is below a slow MA from all Time Frame for each currency pairs. Input parameters From Symb1 to Symb9 — You may change any of these Symbols to any legal currency pair existed on your platform. Period_Fast=5 — Averaging period for the first MA1. Method_Fast=MODE_EMA — Smoothing type for MA1. Price_Fast=PRICE_CLOSE — The price used for MA1. Period_Slow=21 — Averaging period for th
This indicator shows data from 9 currency pairs by your choice for all 9 Time Frames. If a digital value of the RSI is less or equal to DnLevel = 30 (or whatever number you decided to put) then a Green square will appear. This is potentially an oversold condition and maybe a good time to go Long. If a digital value of the RSI is greater or equal to UpLevel = 70 (or whatever number you decided to put) then a Red square will appear. This is potentially an overbought condition and maybe a good time
This indicator shows an Up trend ( Green square ) if a parabolic SAR value is below the current price, and Down trend ( Red square ) if a parabolic SAR value is above the current price from all Time Frame for each currency pairs. Input parameters from Symb1 to Symb9 — You may change any of these Symbols to any legal currency pair existed on your platform. step=0.0; — Represents the acceleration factor for PSAR indicator. maximum=0.2; — Maximum value for the acceleration factor for PSAR indicator
This indicator shows Commodity Channel Index (CCI) data from 9 currency pairs by your choice for all 9 Time Frames. If a digital value of the CCI is less or equal to DnLevel = -100 (or whatever number you decided to put) then a Green square will appear. This is potentially an oversold condition and maybe a good time to go Long. If a digital value of the CCI is greater or equal to UpLevel = 100 (or whatever number you decided to put) then a Red square will appear. This is potentially an overbough
This indicator shows bands (flexible corridor) for a current price movement and the change of trend. The indicator can be used on any time frames and currency pairs. The following input parameters can be easily changed for your needs: nPeriod = 13; - number of bars which the indicator will use for calculation Deviation = 1.618; - coefficient for bands distance from the middle line MaShift = 0; - shift from current bar
Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ... By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers. Instead of the standard moving average, the indicator uses the following calculation of average price: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 + Bar21 + ... This indicator shows 2 moving Fibonacci lines and arrows when 2 these lines crossing each other. If an Aqua line is crossing a Yell
DeMarker (DeM) indicator is another member of the Oscillator family of technical indicators. Traders use the index to determine overbought and oversold conditions, assess risk levels, and time when price exhaustion is imminent. This indicator shows DeMarker data from 9 currency pairs of your choice for all 9 timeframes. If a digital value of DeM is less or equal to DnLevel = 0.3 (or whatever number you decided to put), Green square appears. This is potentially an oversold condition and may be a
This indicator is based on the classical indicators: RSI (Relative Strength Index), CCI (Commodity Channel Index) and Stochastic . It will be helpful for those who love and know how to use the digital representation of the indicators. The indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each RSI, CCI and Stochastic for every timeframe. Parameters OverboughtLevel_R = 70 - RSI UpLevel OversoldLevel_R =
This indicator works on every currency pairs and time frames (TF). One input parameter: nPeriod - number of bars for histogram calculation. I recommend to optimize nPeriod value for each TF. If Green histogram poles are crossing the zero line from below then Long position may be opened. If Red histogram poles are crossing the zero line from above then Long position may be opened.
This indicator is designed for H1 and H4 timeframes (TF) only. No input parameters because it is tuned to these two TF. It draws two step-like lines: a main Silver line and a signal Red line. These two lines are calculated so that to enhance the filtration of the market noise. Buy when the main line goes above the signal line. Sell when the main line goes below the signal line.
Pivot Points MT5 is a universal color multicurrency/multisymbol indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old, Standard New and Fibo . It plots pivot levels for financial instruments in a separate window . The system will automatically calculate the Pivot Point on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. A user can choose colors for the indicator lines. The on
Introduction to Smart Renko The main characteristics of Renko Charting concern price movement. To give you some idea on its working principle, Renko chart is constructed by placing a brick over or below when the price make the movement beyond a predefined range, called brick height. Therefore, naturally one can see clear price movement with less noise than other charting type. Renko charting can provide much clearer trend direction and it helps to identify important support and resistance level
Stairway
Gennadiy Stanilevych
The multi-timeframe indicator of the levels of the Pivot Points. Every closed daily period has its own so-called reference point - Pivot Point, which sets the levels for smaller intraday timeframes for the following day. The Pivot Points indicators existing in the codes have no method of showing the dynamics of the pivot point changes on the historical data of the price chart. Pivot Point calculation formula. Pivot=(High + Low + Close) /3 High — the maximum of the previous day; Low — the minimum
The indicator MilkyWay is calculating and draws a blue or red ribbon as a trend and as a filter. In case the price is moving inside the ribbon you should not enter the market. In case you see a blue trend and the current price is above the blue ribbon than this is a good time to go Long. In case you see a red trend and the current price is below the red ribbon than this is a good time to go Short. Only 1 input parameter: nBars = 500; - number of Bars where the ribbon will appears.
A useful and convenient tool for traders when analyzing and making decisions. Peculiarity The main feature of this indicator is its fast algorithm . The gain in the speed of calculating the polynomial and its value of the standard deviation in comparison with classical algorithms reaches several thousand times. Also, this indicator includes a Strategy Tester with a clear visualization of transactions, an equity chart and simultaneous calculation and display of the following data in the form o
XCalper Didi index
Aecio de Feo Flora Neto
5 (1)
This indicator and its usage was developed by Brazilian trader and analyst Odir Andrade Aguiar (nickname Didi) from Doji Star. Usage It is based on the ratio of moving averages with periods 3 (FAST) and 20 (SLOW) by the 8-period moving, which are default settings. When SLOW and FAST are very close and near 1.0-line (white center line), they can indicate a buy or sell signal in next candles. Such signal is know as Agulhada (Needleful). Buy entry happens when FAST line moves UP while SLOW line m
Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, software engineer
This indicator is based on the classical indicator RSI (Relative Strength Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames RSI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each RSI for every TF. Example for M1 sTF1___ = "M1"; Period1 = 13; Price1 = PR
This indicator is based on the classical indicator CCI (Commodity Channel Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames CCI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each CCI for every TF. Example for M1 sTF1___ = "M1"; Period1 = 13; Price1 = PR
This indicator is based on the classical indicator Stochastic and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames Stochastic indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each Indicator for every TF. First line of data is representing a Main calculations of the St
Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font size of th
This indicator is based on the classical indicator Parabolic SAR and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames PSAR indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each CCI for every TF. Example for M1 sTF1___ = "M1"; pStep1 = 0.02; pMax1 = 0.2; Input para
This indicator is based on the classical indicator ADX ( Average Directional Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames ADX indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, and MN1. You will be able to change the main input parameters for each ADX for every TF. Example for M1 sTF1___ = "M1"; adxPeriod1 = 14; Inp
This indicator is based on the classical indicator RSI (Relative Strength Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames RSI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each RSI for every TF and you will have a choice what TFs you want to see. Exampl
Many indicators are based on the classical indicator Moving Average . The indicator All_MT5_MA_FX shows the correlation between 2 MA (fast and slow) from each MT5 TimeFrames . You will be able to change main input parameters for each MA for every TF. Example for M1 TF: TF_M1 = true Period1_Fast = 5 Method1_Fast = MODE_EMA Price1_Fast = PRICE_CLOSE Period1_Slow = 21 Method1_Slow = MODE_SMA Price1_Slow = PRICE_TYPICAL
Scanner PriceAction is a convenient indicator for tracking PriceAction patterns by selected symbols on timeframes from M15 to Weekly. You will never omit a profitable trade. You will not have to look through numerous charts trying to find a suitable pattern. Scanner PriceAction will show you a chart and a period where one or another PriceAction set has been formed. All that is left to do is to switch to a specified symbol, size up the situation, and decide whether you want to enter the market. T
This indicator is based on the classical indicator Parabolic SAR and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames PSAR indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each PSAR for every TF and you will have a choice what TFs you want to see. Example for M1 TF_
The   Correlation Matrix   indicator shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold, and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation  (correlation is above 80 %). Negative correlation  (correlation is below -80 %). Weak or no correlation  (correlation is between -80 and 80 %). Main features The indicator shows the actual correlation between the selected ins
This indicator is based on the classical indicator Average Directional Index (ADX) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. ADX MT5 indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each ADX for every TF and you will have a choice what TF you want to see. Example for M1 TF_
This indicator is based on the classical indicator  Parabolic SAR. You can observe  up to 4 different timeframes.  All MT5 TimeFrames are supported. It's possible to use lower or higher timeframes  than the current chart timeframe.   Input Parameters: For each of the 4 Timeframes you can configure: The specific Period ( ENUM_TIMEFRAMES ) The usage of the PSAR Value ("visible and relevant for the signal", "visible and not relevant for the signal" or "invisible and not relevant for the signal (ign
Candle Pattern Finder MT5
Pavel Zamoshnikov
4.2 (5)
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris. If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 4 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT4 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hamme
Trend Monitor MT5
Pavel Zamoshnikov
4.5 (2)
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge
The   Pairs Cross indicator   is a unique tool for negatively correlated trading instruments, such as EURUSD and USDCHF currency pairs. It is based on a concept called pairs trading (or spread trading). Our indicator compares the strength of two currency pairs that are inversely correlated and quickly tells you when it’s time to buy the first pair and short a second pair, and vice versa. This is a straightforward approach to trading currency pairs that works very well. How to you use the Pair
The   Pairs Spread indicator   has been developed for the popular strategy known as pairs trading, spread trading, or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, traders can quickly identify when the instruments are too far apart and use this information for trade opportunities.  How to use the Pairs Spread indicator Best results are attaine
This indicator is based on the classical oscilator Stochastic and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. Stochastic MT5 indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each Stochastic for every TF and you will have a choice what TFs you want to see. The indicator shows the di
The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles, as well as enable coloring of only candle bodies МetaТrader 4 version:  https://www.mql5.com/en/market/product/11624 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =
Five Candles Pattern MT5
Miguel Antonio Rojas Martinez
The "Five Candle Pattern" indicator is a novel way to see the market, because with it we can compare and/or seek training or the pattern of the past 4 or 5 Candles, and identify them in the same graph, to view your behavior at an earlier time. The indicator creates a pattern of those 4 or 5 candles and searches backward, identifies, and marks the same formation or pattern. With that information you adjust the strategy that is operating, or create a new one, because you can compare the past devel
Normalized OBV
Jose Miguel Soriano
When looking at the information of On Balance Volume indicator, a question arises: is it a strong or weak movement? Should it be compared with previous days? These data should be normalized to always have a reference. This indicator presents the followings parameters: Normalization period (Max-Mins absolute) Smoothing period (-1 off) Tick/Real Volume Maximum number of bars to calculate (-1 off) Upper value normalization Lower value normalization Calculation: normOBV = (value - absMin) * (relMa
Price Statistics MT5
Miguel Antonio Rojas Martinez
This indicator works only 5 digits Brokers. It is impossible to talk about the study of the Forex market or any market without considering of that market statistics. In this case, our indicator "price statistics" we have a new way to study our chart, giving information of the price in a range of pips you want to study for example, can we know how many times the price closes or opens into spaces 10, 20, 30, 50, 100 pips or more; and know them not only in numbers but also draws this relationship a
The indicator is similar to https://www.mql5.com/en/market/product/12330 . However, it considers the MQL5 platform features. Peaks and bottoms are calculated based solely on external bars. After a swing is formed, the indicator does not redraw providing opportunities for traders working on horizontal level breakthroughs. Traffic can be reduced by changing the amount of calculated bars in the MinBars variable (default value is 500). All you need is to select the output options, so that you can se
The oscillator uses data of standard indicators and some patterns of price movement. Using this data, it forms its own (more accurate) signals of a change in the direction of the price movement. Prise Reversal helps to identify reversal points during the flat, and the price extremums during the trend. At these points, you can enter counter trend with a short take profit. Besides, it indicates time intervals when it is too late to open a trend-following deal. After a few days of using the indicat
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it does not redraw . The indicator allows to easily detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of a price movement. The calculations are based on the candles' Close prices, thus improving the reliability of the levels. Para
The Turning point of price indicator displays assumed turning points of the price on the chart. It is based on data of the Prise Reversal oscillator and standard ADX. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the value of the ADX main line exceeds the preset value, the Turning point of price indicator draws an arrow pointed to the further assumed price movement. This idea is described in the article Indicator of Price Reversal . Inputs
The Trend Trade indicator displays assumed turning points of the price on the chart in the direction of the trend after correction. It is based on the data of the Prise Reversal oscillator with the period 6 and indicators which characterize strength and availability of the trend. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user), and the current trend is confirmed, the Trend Trade indicator draws an arrow pointed to the further assumed price movement
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation
XCalper TFO
Aecio de Feo Flora Neto
This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indic
Price Break MT5
Miguel Antonio Rojas Martinez
The "Price Break" indicator is a powerful tool for any trader. If the price breaks the levels the indicator shows, there is aproximatelly a 77% chance it will go in the same direction. If it exceeds the blue line, there are many possibilities for the price to rise. On the contrary, if it passes down the red line, it means that there are many possibilities for the price to drop. We should always consider the latest indicator signal, so we should rely only on the last blue arrow and the last red a
'Info body and shadow candles' indicator colors the candle bodies and shadows according to the settings. For example, if the 'Size body candles' parameter is 10, the indicator looks for the candles having a body size of 10 or more. Candle shadows are calculated the same way. Detected candles can be colored (body color, shadow color). The indicator can be adjusted for both four- and five-digit quotes. МetaТrader 4 version:  https://www.mql5.com/en/market/product/12618 Parameters Use candle searc
This unique indicator automatically builds Wolfe Waves and features a highly efficient trading strategy.   Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is closed behind Moving Average, and then we open a trade with the lot: = (Let's apply the lot of, say, (0.40), divide it into four parts and open a quarter of the lot (0.10)). If the
FlatLevels
Aleksey Nasretdinov
The indicator looks for flat zones, where the price remained within a certain range for quite a long time. Settings History - history for calculation/display in bars FlatBars - flat area width in bars FlatRange - flat area height in pips IncludeSmallBar - calculate using internal flat bars CalcFlatType - calculate flat zones by (HIGH_LOW/OPEN_CLOSE) DistanceForCheck - distance (in pips) from the flat level, at which the check is enabled CountSignals - amount of signals per level AutoCalcRange
Deep Moving Average
Marat Sultanov
5 (1)
Every indicator has its advantages and disadvantages. Trending ones show good signals during a trend, but lag during a flat. Flat ones thrive in the flat, but die off as soon as a trend comes. All this would not be a problem, if it was easy to predict when a flat changes to a trend and when a trend changes to a flat, but in practice it is an extremely serious task. What if you develop such an algorithm, which could eliminate an indicator's flaws and enhance its strengths? What if such an algori
The Correct Entry indicator displays specific relatively correct points of potential market entries on the chart. It is based on the hypothesis of the non-linearity of price movements, according to which the price moves in waves. The indicator displays the specified points based on certain price movement models and technical data. Indicator Input Parameters: Сorrectness – The parameter characterizes the degree of accuracy of the entry signals. Can vary from 0 to 100. The default is 100. Accura
Smooth price for Monarch
Konstantin Gruzdev
5 (1)
The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an
This indicator shows the time before the next bar or candle opens. Examples of the remaining time until a new bar opens: Example for the М1 timeframe:  05  = 05 seconds. Example for the Н1 timeframe:  56:05  = 56 minutes, 05 seconds. Example for the D1 timeframe:  12:56:05  = 12 hours, 56 minutes, 05 seconds. Example for the W1 timeframe:  W1(06): 12:56:05  = 6 days, 12 hours, 56 minutes, 05 seconds. МetaТrader 5 version:  https://www.mql5.com/en/market/product/13564 Settings color_time -  Text
The indicator shows the direction and sustainability of the trend, as well as its reversals. Use the indicator to search for successful entries, the performance bottlenecks to minimize risk and time to exit deals. The indicator is never redrawn . It is an easy-to-setup visual tool for both novice and experienced traders It fits any trading style. The indicator is displayed immediately at a candlestick open as two lines: ROAD - smoothed movement. It is drawn as a solid orange line BRIGHT - trend
HiLo Activator Plus
Rodrigo Galeote
5 (1)
HiLo Activator is one of the most used indicators to determine trend. Find it here with the ability to customize period and colors. This indicator also plots up and down arrows when there is a change on the trend, indicating very strong entry and exit points. HiLo fits well to different types of periods for day trading. You can easily understand when it is time to buy or sell. It works pretty good also for other periods like daily and monthly signalizing long-term trends. The use of the indicato
MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders. These indicators, related to the fundamental analysis, can also be used as an effective long-term filter
The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window. The indicator parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period Mac
The indicator plots three consecutive channels by Close prices and checks if they match the scheme shown in the screenshots. The length of each channel is not fixed and is selected by the program within the range ChMin and ChMax . When the match is found, a signal is formed (an appropriately colored arrow). A possible stop loss level is displayed as a diamond. A signal may be accompanied by a pop-up window, a push notification and/or an email. The indicator works by Open prices. Parameters ChM
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. Product reviews are welcome. We hope you will find it useful. МetaТrader 4 version:  https://www.mq
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance l
The   Supply and Demand Zones indicator   is one of the best tools we have ever made. This great tool automatically draws supply and demand zones, the best places for opening and closing positions. It has many advanced features such as multi timeframe zones support, displaying the width of zones, alert notifications for retouched zones, and much more. Because of market fractality, this indicator can be used for any kind of trading. Whether you are a positional, swing, or intraday trader does no
This innovative technical indicator was created to detect quiet market period before the beginning of the high volatile market. Like many good technical indicators, this Market Activity Index is very stable and it is widely applicable to many financial and non financial instruments without too much restriction. The Market Activity Index can be used best to visualize the alternating form of low and high volatile market. It is very useful tool to pick up the quiet market but ironically this is the
Trend indicator. Designed for long-term trading. It is recommended to use on a chart with the M30 timeframe or higher. When the red line crossed the green line below the zero mark, and the green line, respectively, crosses from above, then it is a buy signal. When the green line crossed the red line above the zero mark, and the red line, respectively, crosses from above, then it is a sell signal. Parameters Indicator period - period of the indicator. (The greater the period, the more long-term
The indicator displays points showing a symbol trend. Bullish (blue) points mean buy signals. Bearish (red) points mean sell signals. I recommend using the indicator in conjunction with others. Timeframe: M30 and higher. Simple strategy: Buy if there are two blue points on the chart. Sell if there are two red points on the chart. Parameters Trend points period - The main period of the indicator; True range period - The auxiliary period of the indicator; Points calculation method - Calculation
Trend indicator. Displays a two-colored line on the chart, which shows the market direction. The blue color shows the uptrend. The red, respectively, shows the downtrend. It is recommended to use on charts with the M30 timeframe or higher. Simple strategy: When the line changes its color to blue, buy. When it changes to red, sell. Parameters Trend Uncover period - period of the indicator;
PipFinite Trend Laser MT5
Karlo Wilson Vendiola
3 (3)
The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fl
Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Combo Razor Scalper with Trend Laser Strategy: Scalp in the direction of the trend Watch Video: (Click Here) Features Scalping indicator using a confir
PipFinite Range Point MT5
Karlo Wilson Vendiola
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Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Attention This trading tool is specifically designed to help grid, martingale, averaging, recovery and hedging strategies. If you are not familiar with t

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