• Overview
  • Reviews
  • Comments (2)

Wicked Candles

We at Minions Labs always like to defy the stablished systems and beliefs trying new things and new ways of seeing and interpreting the Market Data. And all starts with the following question...


WHAT IF...

You give more relevance and focus on the Wicks/Shadows on the candlesticks?

And Why? In volatile markets wicks play an important role on determining who is winning the the fight between Bulls and Bears, and more than that, Higher and lower wicks can present you with a good status of the current trend and possible reversals and/or exhaustions.

Well, one way to "see" that is visually filter through the noise of bodies and thin lines, the other way is to use our Wicked Candles!

The name is intentionally a reference for a "Wicked" (perverse, cruel) candle that tries to fool us with its behavior... And, with our special Visual approach, it is easy to spot them!


HOW TO "READ" THIS INDICATOR

  • Upper Wicks identify a retracement of the current movement meaning a BEARish impulse.
  • Lower Wicks identify a retracement of the current movement meaning a BULLish impulse.
  • Look for those patterns at Support & Resistance levels and you will start to see the market in a new way.

    SETTINGS

    • Just start with coloring your current candlestick chart in a way that will favor the Super Candles painting method. See the screenshots for examples.
    • Then, apply your desired colors for Upper and Lower wicks.
    • There are separate colors for Upper and Lower wicks when we have a BULLish and a BEARish candle, so you can track more precisely the movements of the market.


    We are giving this indicator for FREE to help new traders to have the opportunity to try different things without any cost barrier, and also to promote New Ways of Thinking about Technical Analysis. Enjoy!

    And, finally, for registration purposes, this idea of Wicked Candles came to life today, February, 27, 2021.


    If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

    This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

    With No Strings Attached!  Ever!


    Live Long and Prosper!

    ;)
    Recommended products
    OrderBook Cumulative Indicator
    Stanislav Korotky
    5 (1)
    Indicators
    Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
    History Pattern Search mt5
    Yevhenii Levchenko
    Indicators
    The indicator builds current quotes, which can be compared with historical ones and on this basis make a price movement forecast. The indicator has a text field for quick navigation to the desired date. Options: Symbol - selection of the symbol that the indicator will display; SymbolPeriod - selection of the period from which the indicator will take data; IndicatorColor - indicator color; Inverse - true reverses quotes, false - original view; Next are the settings of the te
    Follow The Line MT5
    Oliver Gideon Amofa Appiah
    4.52 (29)
    Indicators
    This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them here: https://www.m
    FREE
    Best SAR MT5
    Ashkan Hazegh Nikrou
    5 (2)
    Indicators
    Description :  we are happy to introduce our new free indicator based on one of professional and popular indicators in forex market (Parabolic SAR) this indicator is new modification on original Parabolic SAR indicator, in pro SAR indicator you can see cross over between dots and price chart, this crossover is not signal but talk about end of movement potential, you can start buy by new blue dot, and place stop loss one atr before first blue dot, and finally you can exit as soon as dots cross
    FREE
    Owl Smart Levels MT5
    Sergey Ermolov
    4.07 (28)
    Indicators
    MT4 version  |   FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User
    Noize Absorption Index
    Ekaterina Saltykova
    Indicators
    Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
    Donchian Pro
    Paulo Henrique Faquineli Garcia
    5 (3)
    Indicators
    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
    FREE
    Flow Bookmap
    Thalles Nascimento De Carvalho
    Indicators
    Flow Bookmap: Visualize Market Flow and Protect Your Trades ️ WANT TO MASTER THE MARKET WITH PRECISE INFORMATION ABOUT BUYERS AND SELLERS? Flow Bookmap is the ultimate tool for traders looking to understand market behavior in depth. It transforms order flow data into an intuitive interface on the MT5 chart, highlighting critical areas of interest for quick and secure decision-making. How It Works Flow Bookmap interprets the interaction between buyers and sellers in the market, highligh
    Key level wedge MT5
    Presley Annais Tatenda Meck
    Indicators
    The   Key level wedge MT5   indicator automatically draws rising wedge pattern and falling wedge pattern for you on the chart. This pattern is really good when used as a confirmation entry at key support & resistance, supply & demand and reversal zones. Advantages  The   Key level wedge MT5   block DOES NOT RE-PAINT, giving you confidence when a signal appears and also helps when looking back.  The   Key level wedge MT5   includes an on/off button on the chart to easily keep the charts cle
    PZ Penta O MT5
    PZ TRADING SLU
    Indicators
    The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
    ROMAN5 Time Breakout Indicator Free
    Anton Nel
    4.67 (9)
    Indicators
    ROMAN5 Time Breakout Indicator automatically draws the boxes for daily support and resistance breakouts. It helps the user identifying whether to buy or sell. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5. Blue arrow up = Buy. Red arrow down = Sell. You can use one of my Trailing Stop products that automatical
    FREE
    Green Power
    Ignacio Agustin Mene Franco
    Indicators
    Black Card Pack indicator 5/3 Green power It has the high and low breakout strategy giving the signal with the red or green dot the red dot for short and the green dot for long , perfect for forex markets and synthetic index markets, works for all seasons It is used for scalping and intraday! Ideal for Crash and boom markets!! Volatilitys y jumps !! Micro y macro en forex !
    Heiken Ashi Candle Color Change Alerts Serie MT5
    Boris Armenteros
    5 (1)
    Indicators
    Be notified of every color change of Heiken Ashi (HA) candles. The indicator will trigger past and new signals every time that HA candles change their colors. ( Note : this tool is based on the code of Heiken Ashi indicator developed by MetaQuotes Software Corp.) Features The signals are triggered at closing of last bar/opening of a new bar; Any kind of alerts can be enabled: Dialog Box, Email message, SMS notifications for smartphones and tablets, and Sound alerts; By default, up arrows are p
    Crash index scalping indicator
    David Chokumanyara
    Indicators
    Crash 1000 Scalping Indicator for the Crash 1000 Deriv Synthetic Index. Introduction The Crash 1000 Scalping Indicator is a specialized tool designed for the Crash 1000 index on the Deriv Synthetic market. This indicator is particularly useful for scalping on the M1 timeframe, helping traders to identify precise entry and exit points for buy positions. It is designed to be non-repainting, providing clear signals with audible alerts and push notifications, and is compatible with mobile devices th
    Wapv Price and volume
    Eduardo Da Costa Custodio Santos
    Indicators
    The WAPV Price and Volume Indicator for MT5 is part of the ( Wyckoff Academy Wave Market ) and (Wyckoff Academy Price and Volume) toolset. The WAPV Price and Volume Indicator for MT5 was created to make it easy to visualize the volume movement on the chart in an intuitive way. With it you can observe the moments of peak volume and moments when the market has no professional interest Identify moments when the market is moving by inertia and not by movement of "smart money". It consists of 4 color
    Point Black
    Ignacio Agustin Mene Franco
    Indicators
    Black Card Pack indicator 5/1 point black It has the strategy of professional bollingers where each arrow gives you a different entry signal. It is used to operate in m1 and in d1 It is used for scalping and intraday, modified for forex markets ! suitable for all pairs modified for synthetic index markets suitable for all pairs! Ideal for volatility and jumps!
    Value Chart Candlesticks
    Flavio Javier Jarabeck
    4.73 (11)
    Indicators
    The idea of a Value Chart indicator was presented in the very good book I read back in 2020 , " Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile ", from the authors Mark Helweg and David Stendahl. The idea is simple and the result is pure genius: Present candlestick Price analysis in a detrended way! HOW TO READ THIS INDICATOR Look for Overbought and Oversold levels. Of course, you will need to test the settings a lot to find the "correct" one for your approach.
    FREE
    VR Grid Mt5
    Vladimir Pastushak
    3.17 (6)
    Indicators
    The VR Grid indicator is designed to create a graphical grid with user-defined settings. Unlike the standard grid , VR Grid is used to build circular levels . Depending on the user's choice, the step between the round levels can be arbitrary. In addition, unlike other indicators and utilities, VR Grid maintains the position of the grid even when the time period changes or the terminal is rebooted. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can
    FREE
    Balance Aggression
    Edson Cavalca Junior
    Indicators
    The indicator measures the balance of aggression. The formula is as follows:   Aggression  = Purchase Volume - Sales Volume. Note : It is rec ommended to use the default configuration and VPS values. It does not work in Forex. Meet Our Products     Parameters : Numbers of days prior to the current one for calculation; Volume Divider e; Enables calculation of the current candle; Histogram Line style and; Size; Line Line style and; Size;  Follow us on our website to check the next new
    Premium level Pro
    Dmitriy Kashevich
    Indicators
    Premium level is a unique indicator with more than 80% accuracy of correct predictions! This indicator has been tested for more than two months by the best Trading Specialists! The author's indicator you will not find anywhere else! From the screenshots you can see for yourself the accuracy of this tool! 1 is great for trading binary options with an expiration time of 1 candle. 2 works on all currency pairs, stocks, commodities, cryptocurrencies Instructions: As soon as the red ar
    AIS Forest Fire Trend MT5
    Aleksej Poljakov
    Indicators
    One of the number sequences is called "Forest Fire Sequence". It has been recognized as one of the most beautiful new sequences. Its main feature is that this sequence avoids linear trends, even the shortest ones. It is this property that formed the basis of this indicator. When analyzing a financial time series, this indicator tries to reject all possible trend options. And only if he fails, then he recognizes the presence of a trend and gives the appropriate signal. This approach allows one t
    Renko Price Action ATR
    JETINVEST
    Utilities
    RENKO PRICE ACTION ATR is an "Expert Advisor" developed through the construction of the Renko Chart where each BRICK has the size calculated through the ATR of the period selected by the user. Renko charts are designed to filter out minor price movements, thus making it easier for traders to focus on important trends. Due to its efficiency in detecting price trends, it is also possible to clearly identify supports and resistances as well as top and bottom divergences, thus making better use of t
    Oscillador moving
    Ignacio Agustin Mene Franco
    Indicators
    Oscillator Moving ! is an oscillator where it has 3 input points where is the orange line, the red line and the blue line where the orange line touches the ceiling of the blue line, it gives a buy entry signal. where the red line crosses the blue line gives a sell signal! very clear to see and very simple to use! It can be used at any time! can be used in Forex markets. In the synthetic and crypto index markets! good profit World Investor.
    XCalper HiLo Activator
    Aecio de Feo Flora Neto
    Indicators
    HiLo Activator v1.02 by xCalper The HiLo Activator is similar to moving average of previous highs and lows. It is a trend-following indicator used to display market’s direction of movement. The indicator is responsible for entry signals and also helps determine stop-loss levels. The HiLo Activator was first introduced by Robert Krausz in the Feb. 1998 issue of Stocks & Commodities Magazine.
    WH Ultimate Harmonic Patterns MT5
    Wissam Hussein
    Indicators
    Welcome to the Ultimate Harmonic Patterns recognition indicator that is focused to detect advanced patterns. The Gartley pattern, Bat pattern, and Cypher pattern  are popular technical analysis tools used by traders to identify potential reversal points in the market. Our Ultimate Harmonic Patterns recognition Indicator is a powerful tool that uses advanced algorithms to scan the markets and identify these patterns in real-time. With our Ultimate Harmonic Patterns recognition Indicator, you
    HMA Trend Professional MT5
    Pavel Zamoshnikov
    4.25 (4)
    Indicators
    Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyz
    Actual COMBO Depth of Market AND Tick Volume Chart
    Sergey Andreev
    3.67 (18)
    Indicators
    This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price: Actual Depth of Market Chart Actual Tick Footprint Volume Chart This product combines the power of both indicators and is provided as a single file. The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator! Below is
    Blahtech Market Profile MT5
    Blahtech Limited
    5 (9)
    Indicators
    Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
    Time And Sales Delta
    Evgeny Shevtsov
    5 (2)
    Indicators
    The indicator displays the delta and the cumulative delta based on the "Time & Sales" deals list data. In addition to the standard timeframes, the indicator displays data regarding the seconds timeframes (S5, S10, S15, S20, S30) to choose from. Using the rectangle, user can select an arbitrary area in the indicator subwindow to view the ratio of the volumes of deals of buyers and sellers within this area. Indicator features: The indicator works correctly only on those trading symbols for whi
    WAPV Box Effort x Result
    Eduardo Da Costa Custodio Santos
    Indicators
    WA_PV_BOX_EFFORT X RESULT for MT5 The WAPV Box Effort x Result Indicator is part of the Package Indicators group (Wyckoff Academy Wave Market). The WAPV Box Effort x Result Indicator for MT5 helps you in reading price and volume. Its reading consists of assisting in the identification of effort x result in waves created by the graph. The WAPV Box Effort x Result Indicator for MT5 when the box is green means that the volume is in favor of the demand and when the box is red volume is in favor of s
    Buyers of this product also purchase
    Trend Screener Pro MT5
    STE S.S.COMPANY
    4.88 (68)
    Indicators
    Unlock the Power of Trends Trading with the Trend Screener Indicator: Your Ultimate Trend Trading Solution powered by Fuzzy Logic and Multi-Currencies System! Elevate your trading game with the Trend Screener, the revolutionary trend indicator designed to transform your Metatrader into a powerful Trend Analyzer. This comprehensive tool leverages fuzzy logic and integrates over 13 premium features and three trading strategies, offering unmatched precision and versatility. LIMITED TIME OFFER : Tre
    TPSproTREND PrO MT5
    Roman Podpora
    4.54 (13)
    Indicators
    TPSpro TREND PRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  INSTRUCTIONS     RUS   -    ENG              R ecommended to use with an indicator   - 
    RelicusRoad Pro MT5
    Relicus LLC
    5 (17)
    Indicators
    How many times have you bought a trading indicator with great back-tests, live account performance proof with fantastic numbers and stats all over the place but after using it, you end up blowing your account? You shouldn't trust a signal by itself, you need to know why it appeared in the first place, and that's what RelicusRoad Pro does best! User Manual + Strategies + Training Videos + Private Group with VIP Access + Mobile Version Available A New Way To Look At The Market RelicusRoad is
    TPSpro RFI Levels MT5
    Roman Podpora
    4.67 (15)
    Indicators
    A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. INSTRUCTIONS    RUS   -    ENG           R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT4 Main functions:: Displaying active zones for sellers and buyers! The indicator show
    Quantum TrendPulse
    Bogdan Ion Puscasu
    5 (4)
    Indicators
    Introducing Quantum TrendPulse , the ultimate trading tool that combines the power of SuperTrend , RSI , and Stochastic into one comprehensive indicator to maximize your trading potential. Designed for traders who seek precision and efficiency, this indicator helps you identify market trends, momentum shifts, and optimal entry and exit points with confidence. Key Features: SuperTrend Integration: Easily follow the prevailing market trend and ride the wave of profitability. RSI Precision: Detect
    CBT Quantum Maverick
    Arpit Sharma
    Indicators
    CBT Quantum Maverick High-Efficiency Binary Trading System CBT Quantum Maverick is a finely tuned, high-performance binary options trading system designed for traders seeking precision, simplicity, and disciplined trading. No customization is required—this system is optimized for effective results right out of the box. Simply follow the signals, which can be mastered with a bit of practice. Key Features: Signal Precision: New-bar-based trading signals—targeting the next candle based on curr
    Gold Stuff mt5
    Vasiliy Strukov
    4.92 (173)
    Indicators
    Gold Stuff mt5 is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. Contact me immediately after the purchase to get   personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual   here   SETTINGS Draw Arrow - on off. drawing arrows on the chart. Alerts -   on off audible alerts. E-mail notification - on of
    Golden Trend Indicator MT5
    Noha Mohamed Fathy Younes Badr
    4.78 (9)
    Indicators
    Golden Trend indicator  is The best indicator for predicting trend movement this indicator never lags and never repaints and never back paints    and give  arrow buy and sell    before the candle appear  and it will help you and  will make your trading decisions clearer its work on all currencies and  gold and crypto and all time frame This unique  indicator uses very secret algorithms to catch the  trends, so you can trade using this indicator and see the trend clear on charts  manual guide and
    FX Power MT5 NG
    Daniel Stein
    5 (7)
    Indicators
    Unlock the Full Power of FX Power NG: The Ultimate Currency Strength Meter For over eight years, FX Power has empowered traders worldwide with reliable, precise currency strength analysis.  Now, FX Power NG takes this trusted tool to the next level, offering advanced features that bring unmatched accuracy, customization, and insights to your trading. What Makes FX Power NG a Must-Have for Serious Traders? FX Power NG builds on everything you loved in the original FX Power, with key additions
    Smart Price Action Concepts MT5
    Issam Kassas
    4 (11)
    Indicators
    First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one , combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focus
    FX Volume MT5
    Daniel Stein
    4.93 (14)
    Indicators
    Gain a True Edge in Forex with FX Volume: The Ultimate Volume Indicator FX Volume is the first and only volume indicator to reveal genuine market sentiment from an insider’s perspective. By providing unique insights into how institutional market participants and brokers are positioned, FX Volume allows you to trade with the foresight usually reserved for major players. Say goodbye to the delays of COT reports—FX Volume gives you this crucial information instantly on your chart, empowering you
    Smart Trend Trading System MT5
    Issam Kassas
    4.58 (36)
    Indicators
    First of all Its worth emphasizing here that this Trading System is Non-Repainting   , Non Redrawing and Non Lagging Indicator Which makes it ideal from both manual and robot trading .  Online course, manual and download presets. The Smart Trend Trading System MT5 is a comprehensive trading solution tailored for new and experienced traders . It combines over 10 premium indicators and features more than 7 robust trading strategies , making it a versatile choice for diverse market conditions . Tre
    Matrix Arrow Indicator MT5
    Juvenille Emperor Limited
    5 (13)
    Indicators
    Matrix Arrow Indicator MT5  is a unique 10 in 1 trend following   100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments:   forex,   commodities,   cryptocurrencies,   indices,   stocks .  Matrix Arrow Indicator MT5  will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Aver
    FX Dynamic MT5
    Daniel Stein
    Indicators
    FX Dynamic - The Only ATR Indicator You’ll Ever Need Ready to supercharge your trading strategies with unparalleled precision and insight? Meet  FX Dynamic , the first and only ATR indicator designed for  currency-based analysis  and the  automatic adjustment for brokers’ GMT shifts . Say goodbye to outdated tools and embrace the ultimate solution for mastering market volatility. Why FX Dynamic is a Game-Changer Currency-Based ATR Analysis -  Break free from traditional tools. FX Dynamic is
    MetaForecast M5
    Vahidreza Heidar Gholami
    5 (2)
    Indicators
    MetaForecast predicts and visualizes the future of any market using different powerful methods. While financial markets are not always predictable, if there are patterns in the past data, MetaForecast can learn and predict the future as accurately as possible. It features a complete implementation of neural networks embedded directly into the indicator, enabling traders to create and train AI models using data from multiple symbols to learn complex patterns. MetaForecast leverages your computer'
    Atomic Analyst MT5
    Issam Kassas
    4.32 (19)
    Indicators
    First of all Its worth emphasizing here that this Trading Indicator is   Non-Repainting   , Non Redrawing and Non Lagging Indicator   Indicator, Which makes it ideal from both manual and robot trading.  User manual: settings, inputs and strategy . The Atomic Analyst  is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with Advanced filters which help remove noises and false signals, and Increase Trading Potential. Using Mult
    Quantum Breakout Indicator PRO MT5
    Bogdan Ion Puscasu
    5 (7)
    Indicators
    Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Breakout PRO   is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breako
    FX Levels MT5
    Daniel Stein
    Indicators
    Discover FX Levels: Your Ultimate Support and Resistance Indicator for Trading Success FX Levels is more than just a support and resistance indicator; it’s a game-changer for serious traders who want precision, reliability, and seamless functionality across all trading symbols—be it currency pairs, indices, stocks, or commodities. Built on the proven Lighthouse method and enhanced with dynamic, real-time adaptability, FX Levels brings market reversal points right to your chart, perfect for set
    TPA True Price Action MT5 Indicator
    InvestSoft
    5 (10)
    Indicators
    TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
    Basic Harmonic Patterns Dashboard MT5
    Mehran Sepah Mansoor
    4.57 (7)
    Indicators
    This dashboard shows the latest available   harmonic patterns   for the selected symbols, so you will save time and be more efficient /   MT4 version . Free Indicator:   Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays
    ATrend
    Zaha Feiz
    4.88 (8)
    Indicators
    ATREND: How It Works and How to Use It How It Works The " ATREND " indicator for the MT5 platform is designed to provide traders with robust buy and sell signals by utilizing a combination of technical analysis methodologies. This indicator primarily leverages the Average True Range (ATR) for volatility measurement, alongside trend detection algorithms to identify potential market movements. Leave a massage after purchase and receive a special bonus gift. Key Features: ⦁ Dynamic Trend Det
    Easy Breakout MT5
    Mohamed Hassan
    Indicators
    After your purchase, feel free to contact me for more details on how to receive a bonus indicator called VFI, which pairs perfectly with Easy Breakout for enhanced confluence!     Official release price of   $65  for the first  25 copies. After that, price will automatically increase! Easy Breakout MT5   is a powerful price action trading system built on one of the most popular and widely trusted strategies among traders: the   Breakout strategy ! This indicator delivers crystal-clear B
    Market Reversal Alerts MT5
    LEE SAMSON
    4.64 (22)
    Indicators
    Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaustion point. The indicator draws in a rectangle on
    Auto Orderblock with Break of Structure MT5
    Barend Paul Stander
    4.6 (15)
    Indicators
    Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
    Entry Points Pro for MT5
    Yury Orlov
    4.44 (124)
    Indicators
    Top indicator for MT5   providing accurate signals to enter a trade without repainting! It can be applied to any financial assets:   forex, cryptocurrencies, metals, stocks, indices .  Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! MT4 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of
    ON Trade Gann Squares MT5
    Abdullah Alrai
    5 (2)
    Indicators
    Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates  method for utilizing the Square of 9 in conjunction with channels and the star pa
    IX Power MT5
    Daniel Stein
    4.17 (6)
    Indicators
    Introducing IX Power – the ultimate tool to supercharge your trading precision! Designed with the same unbeatable accuracy as FX Power, IX Power lets you master any trading symbol, from indices and stocks to commodities, ETFs, and even cryptocurrencies. Get ready to elevate your trading with precise insights into short, medium, and long-term trends across all your favorite assets. Why Choose IX Power? With IX Power, your timing becomes razor-sharp, helping you make smarter, faster trading dec
    Easy Buy Sell Signal Alert
    Franck Martin
    4.43 (7)
    Indicators
    Easy Buy Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. It canno
    Royal Wave Pro M5
    Vahidreza Heidar Gholami
    3.5 (4)
    Indicators
    Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
    Breakout Retest Scan MT5
    Elif Kaya
    5 (1)
    Indicators
    Contact me for instruction, any questions! Related Product:  Gold Trade Expert MT5 Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. T
    More from author
    Mini POC
    Flavio Javier Jarabeck
    4.96 (24)
    Indicators
    For those who struggle with overbloated Volume Profile/Market Profile indicators, here is a solution that contains only the Point of Control (POC) information. Super-fast and reliable, the Mini POC indicator presents this vital information visually within your chart. Totally customizable in splittable timeframes, type of Volume, calculation method, and how many days back you need. SETTINGS Timeframe to split the POCs within the day. Volume type to use: Ticks or Real Volume. Calculation method
    FREE
    Auto Support and Resistances
    Flavio Javier Jarabeck
    4.55 (69)
    Indicators
    Are you tired of drawing Support & Resistance levels for your Quotes? Are you learning how to spot Support & Resistances? No matter what is your case, Auto Support & Resistances will draw those levels for you! AND, it can draw them from other timeframes, right into you current chart, no matter what timeframe you are using... You can also Agglutinate regions/zones that are too much closer to each other and turning them into one single Support & Resistance Level. All configurable. SETTINGS Time
    FREE
    Tabajara V5
    Flavio Javier Jarabeck
    4.85 (33)
    Indicators
    Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is... FEATURES 8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA SETTINGS You can change the Period of all M
    FREE
    Economic Markers
    Flavio Javier Jarabeck
    4.77 (13)
    Indicators
    Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. If there is more than one event set to the very same time, their Names will be stacked and you will see the messages merged with the plus (+) sign on the marker. Obviously that long or too much events on the sam
    FREE
    Closing Price Reversal
    Flavio Javier Jarabeck
    5 (9)
    Indicators
    Closing Price Reversal is a very well known and traded candlestick pattern. This little indicator paints with specific (user-selected) colors the Closing Price Reveral Up and Down patterns, as well as the Inside Bars (as a bonus). Higher timeframes are more effective  as with all other candlesticks patterns. Do NOT trade solely on this indicator. Search the web for "Closing Price Reversal" to learn about the several approaches that can be used with this pattern. One of them is combining short/me
    FREE
    Inside Bar Radar
    Flavio Javier Jarabeck
    4.6 (5)
    Indicators
    The Inside Bar pattern is a very well known candlestick formation used widely by traders all over the world and in any marketplace. This approach is very simple and adds a little confirmation candle, so it adds a third past candlestick to the count to confirm the direction of the move (upward or downward). Obviously, there is no power on this candlestick formation if the trader has no context on what it is happening on the market he/she is operating, so this is not magic, this "radar" is only a
    FREE
    Symbol Watermark
    Flavio Javier Jarabeck
    4.55 (11)
    Utilities
    Another request from my brotherhood was putting the name of the Symbol being seen - a little bigger - on the Chart, just to get sure that they are seeing the correct one... Mistakes pay a high price on the market... It is a very effective, and almost resource-null-consuming indicator that displays the current Symbol Name and Timeframe in almost any position of your Chart, with any color, and any Font Size... And also you can change the divisor character that is presented between the Symbol Name
    FREE
    Weis Waves
    Flavio Javier Jarabeck
    2.83 (18)
    Indicators
    The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
    FREE
    Aggression Volume
    Flavio Javier Jarabeck
    4.14 (14)
    Indicators
    Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,
    FREE
    MIDAS Super VWAP
    Flavio Javier Jarabeck
    4.44 (9)
    Indicators
    Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and deter
    FREE
    Big Player Candles
    Flavio Javier Jarabeck
    4.91 (22)
    Indicators
    If you heard about The Wyckoff Method, Volume Spread Analysis, etc... You are probably searching for the candlestick indicator that shows you the Volume spread all over the current bar, signaling every types of market status... You can control the several Market Levels with custom colors... It is up to you to decide how to use it. Our job is provide you with the indicator... If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW! )...    This will mean A
    FREE
    VWAP and MVWAP
    Flavio Javier Jarabeck
    4 (5)
    Indicators
    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. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp )
    FREE
    Market Momentum
    Flavio Javier Jarabeck
    4.33 (6)
    Indicators
    The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
    FREE
    Force Numbers
    Flavio Javier Jarabeck
    Indicators
    Several assets in several markets have the behavior of using specific numbers as Force Numbers, where support, resistance and price thrust is created. Let this indicator draw those levels of support and resistance for you. You can also stack it to show different level of Prices! This technique is being used by Tape Readers and Order Flow traders all over the world for a long time. Give it a try. Challenge yourself to study new ways of Price Action! SETTINGS What Price reference to use in th
    FREE
    Waves Sizer
    Flavio Javier Jarabeck
    3.67 (6)
    Indicators
    Wyckoff fans, enjoy! Ideally to be used with the Weis Waves indicator, but it can be easily used alone, the Waves Sizer puts the range (in resulting Price movement) done by the Price on its market swings. You can control how accurate or loose will be the swings. This tool is very helpful for visually know how much the Price has traveled in your Timeframe. This way you can confront this level of effort with the resulting Volume, etc... Weis Waves indicator: https://www.mql5.com/en/market/pro
    FREE
    Money Flow Index EA Friendly
    Flavio Javier Jarabeck
    3.67 (3)
    Indicators
    The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer
    FREE
    Server Clock
    Flavio Javier Jarabeck
    5 (4)
    Utilities
    Many friends asked me for a simple, non-obtrusive, resource-friendly clock to track the time during their trades. It seems pretty obvious, but it is a must-have for those trading the market manually, waiting for the Market News, or just to visually know what time it is... Trading is an absorbing endeavor! So, here it is... Totally configurable, including Font Type, Font Size and Chart Location: Upper Left/Center/Right OR Lower Left/Center/Right, with a little twist of adjusting the Offset, just
    FREE
    Flux Diffuser
    Flavio Javier Jarabeck
    4.33 (6)
    Indicators
    Based on Brazilian trader André Moraes' Difusor de Fluxo theory, the indicator is a more reliable version of the original MACD. It is a great confirmation indicator for Swing Trading and also can be used as a Day Trading tool. If you are not familiar with the concept or André's trading strategies, I strongly recommend his excelent book named "Se Afastando da Manada" in which he explains in detail how this indicator is used. Even if you don't know the Portuguese language it is not difficult to un
    FREE
    Price Momentum
    Flavio Javier Jarabeck
    4.91 (11)
    Indicators
    Value Chart indicator presents the Price evolution in a new form. This indicator, Price Momentum , was developed taking all the calculations presented in the book " Dynamic Trading Indicators " by Mark W. Helweg and David Stendahl (2002). The technique involves de-trended Prices from a user-defined Period of analysis and the addition of a Volatility index correction. The result is an Oscillator with 3 zones: Fair Price Value, Overbought/Oversold and Extremely Overbought/Oversold zones. Adding th
    FREE
    Stackable VWAP
    Flavio Javier Jarabeck
    3.5 (4)
    Indicators
    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. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp
    FREE
    Candle Zones
    Flavio Javier Jarabeck
    Indicators
    You probably heard about Candlesticks behaviors, which in most of the times could denote and trace Volume behaviors even if you are not watching Volume itself... Well, this indicator will do this. Naked traders love to rely solely on candlesticks patterns and with Candle Zones you can trap special patterns and DRAW THEM on your chart. As simple as that. There are several filters you can tweak in order to achieve the analysis you want. Just give it a try. After several months of testing, we think
    FREE
    ATR Monitor
    Flavio Javier Jarabeck
    4.8 (5)
    Indicators
    ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim
    FREE
    Price Trail Chart
    Flavio Javier Jarabeck
    5 (2)
    Indicators
    For those who hate candlesticks in lower timeframes (M1 through M15) we "invented" a clean new way to follow Price movement and displacement (volatility) called Price Trail Chart . The big "secret" is to get rid of those annoying candle wicks and draw the whole complete candle without them, this way we get a cleaner chart and a new view of the Price Path. No Open or Close markings, just LOW's and HIGH's, full body candle. Additionaly we inserted a Volume monitor from our Best Downloaded indicat
    FREE
    Market Momentum PRO
    Flavio Javier Jarabeck
    Indicators
    The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
    ATR Monitor EA Friendly
    Flavio Javier Jarabeck
    Indicators
    ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
    FREE
    Time Spaced Moving Averages
    Flavio Javier Jarabeck
    5 (3)
    Indicators
    The concept is simple: Plotting Price behavior within several periods of time. Some Symbols behave very well during the trading day - with this I mean Intraday trading - and this behavior ends up plotting effectively well with the proposed Exponential Moving Averages in this indicator... Obviously that this behavior could not be seen in all Symbols, but you can give it a try... Just drop this indicator in a chart and you will see for yourself... This indicator is intended for "Feeling the Trend
    FREE
    Arrows Cleaner
    Flavio Javier Jarabeck
    5 (3)
    Utilities
    For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
    FREE
    Candlestick Pattern Teller
    Flavio Javier Jarabeck
    5 (1)
    Indicators
    Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest
    Economic Markers PRO
    Flavio Javier Jarabeck
    4 (1)
    Indicators
    Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
    Mini Chart Indicators
    Flavio Javier Jarabeck
    Indicators
    The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
    Filter:
    No reviews
    Reply to review