• Overview
  • Reviews (7)
  • Comments (6)

Double Tops And Bottoms MT5

4.83
This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a certain currency pair (if the indicator does not find a pattern, it may be necessary to change some settings), automatic tuning of parameters. Also, you can change the color of the lines, show all lines, or only formed shapes.

Options

  • History - the number of bars to search for patterns on the chart;
  • ExtremCountBars - The number of bars to search for extremums, for example, highs at the 2nd peak (3-40 is recommended);
  • MinExtremDist - The minimum number of bars between 2 extremums (2-12 is recommended, the higher the value, the larger the size of the found pattern);
  • MaxExtremDist - Maximum number of bars between 2 extremums (10-50 is recommended);
  • MultipleVerticesFilter - Filtering to find "extra" highs or lows (if enabled, there should be only 2 tops or bottoms);
  • PeriodMAforEdgeFiltering - Filtering the edges of double bottom and top shapes by MA so that there is a smooth rise or fall (0 - off, 0-10 is recommended);
  • PriceDeviationsParam - The maximum price deviation (depending on the volatility) of a currency pair of two extremes (the larger this value, the more the figure may turn out to be a curve, but it will be found more often);
  • PriceChangeBeforePattern - How much the value of the price change before the pattern should be less than the size of the pattern itself (recommended from 1 to 2.5);
  • MaxPriceStrengthAfterPattern - A parameter for increasing (and decreasing) the maximum price divergence from the pattern (for example, 1.5 = 1.5 larger than the pattern size);
  • SelfTuningParametersCount - The number of attempts to auto-tuning parameters (how many times the parameter values ​​can be changed to search for at least 1 figure, it is recommended 0-10, 0 - auto-tuning of parameters is disabled);
  • DrawUnfinishedPatterns - Draw unfinished patterns (lines on the chart that show that a pattern could have been formed);
  • EnableAlert - enable alerts when a pattern appears and breaks out;
  • AlertPeriodBars - The number of bars after which the alert can appear again;
  • MaximumFigureShiftForAlert - Maximum distance of the figure from the current bar for the alert to appear;
  • NeutralLinesClr - Color of neutral lines (shown when the DrawUnfinishedPatterns parameter is enabled);
  • FinalBuyPatternClr - Line color of the completed buy shape;
  • FinalSellPatternClr - Line color of the completed sell shape.
Reviews 7
Brian Taylor
53
Brian Taylor 2024.06.24 13:30 
 

useful

docjames777
25
docjames777 2024.04.09 15:51 
 

very good indicator

gnanos123
797
gnanos123 2024.02.08 21:14 
 

OK Indicator

Recommended products
RSI with alerts BDA
Laron Demetris Burrows
4.93 (15)
This free algorithm predicts short term changes in price with a 86%* accuracy. When there is a large move as determined by the ATR, during an overbought or oversold condition, the indicator will alert you. Predicts if price will be higher or lower than the signal candle. Perfect for mean reversion trading, binary options or futures contracts on larger time frames. The indicator was backtested on 5 years of data and has a 90% accuracy for predicting price reversals over time. Features: Simple set
FREE
Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FREE
The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail
FREE
This indicator is an automated version of the Fibonacci retracement (Fib) indicator. Deciding the best areas to use when drawing the fib can be tricky and this  indicator was made with that in mind. When you drop it on the chart it will automatically choose the best points to draw the fib with, but in case you aren't satisfied with those regions, you can adjust it as you wish.
FREE
Follow The Line MT5
Oliver Gideon Amofa Appiah
4.52 (29)
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
Enhance your trading analysis with the Haiken Ashi MT5 indicator. This powerful tool transforms standard price data into smoother, trend-following candlesticks, making it easier to identify market trends and potential reversal points.    Key Features: Clear Trend Identification: Visually distinguish between uptrends and downtrends with distinct candle colors. Reduced Noise: Filter out price fluctuations, providing a clearer view of underlying market movements. Early Trend Detection: Anticipate
FREE
Reversal Composite Candles
MetaQuotes Ltd.
3.57 (14)
The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can
FREE
What is this indicator? This indicator is the MACD (Moving Average Convergence/Divergence) supporting Virtual Trading mode of  Knots Compositor . When the mode is turned on, the indicator will be recalculated based on the displayed candlesticks. When the mode is turned off, the indicator will be recalculated based on the original chart candlesticks. Types of the applied price - Close - Open - High - Low - Median Price (HL/2) - Typical Price (HLC/3) - Weighted Price (HLCC/4) KC-Indicators
FREE
Mitimom
Danil Poletavkin
The indicator is based on Robert Miner's methodology described in his book "High probability trading strategies" and displays signals along with momentum of 2 timeframes. A Stochastic oscillator is used as a momentum indicator. The settings speak for themselves period_1 is the current timeframe, 'current' period_2 is indicated - the senior timeframe is 4 or 5 times larger than the current one. For example, if the current one is 5 minutes, then the older one will be 20 minutes The rest of the
FREE
RenkoExpert
Andrey Goida
3.8 (5)
Renko Expert Advisor based on Renko bar simulation.    The EA has two options for building Renko bars. Classic and ATR. In the classic version, renko bars are marked with areas on the main chart; in the ATR version, renko bars are modeled and drawn in the indicator window. Modeling renko bars inside the EA allows you to optimize the robot better than drawing renko bars offline.      Telegramm channel   Set file Our second robot RENKOTREND Does not use martingale!  Trades opened by the robot co
FREE
This is a demo version of the Candle Absorption Full indicator. It has limitations on operation. This indicator detects the Engulfing candlestick pattern and draws the corresponding market entry signal. Features It works only with EURUSD on timeframes M1 and M5. The indicator analyzes a combination of 2 or 3 candlesticks depending on settings. The number of pre-calculated bars (signals) is configurable. The indicator can send an alert to notify of a found signal. Signal can be filtered by sett
FREE
Easy GOLD MT5
Franck Martin
3.93 (30)
Easy Gold is the latest addition to the BotGPT family. It is surprising and very powerful. It is ideal for beginners due to its simplicity.  There is absolutely nothing to do, it's 100% automated, simply indicate the percentage of risk you want to take per trade and the EA is ready. Whatever your capital, the EA takes care of everything. Optimized on (XAUUSD).  Unleash all the power with the professional version (AGI Gold) and its connection to the neural network, available in my store. My othe
FREE
Trend Master Chart MT5
Frederic Jacques Collomb
5 (1)
Trend Master Chart is the trend indicator you need. It overlays the chart and uses color coding to define different market trends/moves. It uses an algorithm that combines two moving averages and different oscillators. The periods of these three elements are modifiable. It works on any time-frame and any Pair. At a glance you will be able to identify an upward or downward trend and the different entry points into this trend. For example during a marked upward trend (light green color) the dif
FREE
Forex Indicator Arrows
NGUYEN NGHIEM DUY
1 (1)
Forex Indicator Arrows is an arrow Indicator used as an assistant tool for your trading strategy. The indicator analyzes the standard deviation of bar close for a given period and generates a buy or sell signals if the deviation increases. It good to combo with Martingale EA to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic. You can use this  Indicator with any EAs in my Products.
FREE
Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c
FREE
The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies both regular and hidden divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following oscillators/indicators:   MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, ATR, OBV, Composite index, MFI and Momentum. Only one oscillator/indicator can be selected. Draws
FREE
Important Lines
Terence Gronowski
4.86 (21)
This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of
FREE
Basic Harmonic Pattern MT5
Mehran Sepah Mansoor
4.82 (60)
This indicator identifies the most popular   Harmonic Patterns   which predict market reversal points.  These harmonic patterns are price formations that are constantly repeating in the forex market and suggest possible future price movements /    Free MT4 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard ) Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard
FREE
Automatic Trendlines
Pasi Hakamaki
4.63 (41)
The indicator draws trendlines on chart. This indicator has six inputs. User can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. User can set width and color of the lines and depth which specifies what significant peaks should be used. For example, Depth=10 sets trendlines using the current peaks and valleys that have at least 10 bars to the right and to the left and that have highs/lows less/greater than the peak's high/low. In
FREE
DALA Forecast
Grigorii Matsnev
About the indicator: DALA Forecast is a universal tool for predicting the dynamics of time series of any nature. For prediction, modified methods of nonlinear dynamics analysis are used, on the basis of which a predictive model is built using machine learning methods.  To get the trial version of the indicator, you can contact me in private messages. How to use the indicator: Apply the indicator to your chosen financial instrument or indicator with the settings you need. The prediction will b
FREE
Curver Arrows
Francis Dube
3.75 (4)
This indicator is a straight port of a well known MetaTrader 4 indicator that is freely available on the Internet. It does not redraw at all. It implements a type of breakout strategy. The arrows indicate market direction. Use the indicator on M15 charts and higher. The indicator draws two bands near price action and generates signals when the price closes below the lower band and also above the upper band. The indicator uses periodic highs and lows to calculate upper and lower threshold bands.
FREE
Coral Indi
Dinh Duong Luong
Coral trend is   a trend-following indicator that is widely popular among FOREX traders . It is usually used as a confluence with other indicators. It uses combinations of moving averages with complex smoothing formulas! It has two configurable parameters: Coefficient   - smoothing ratio (*) Applied price Calculation: Coral = (-0.064) * B6 + 0.672 * B5 - 2.352 * B4 + 2.744 * B3
FREE
This indicator is a zero-lag indicator and displays  strength of trend change . True Trend  Oscillator Pro works best in combination with True Trend Moving Average Pro that displays exact trend as is. Oscillator value is exact price change in given direction of the trend. True Trend Moving Average Pro: https://www.mql5.com/en/market/product/103586 If you set PERIOD input parameter to 1 this indicator becomes a sharpshooter for binary options. Developers can use True Trend Oscillator in E
FREE
This indicator is based on the Parabolic SAR indicator. 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. Line = Trailing Stop. You can use one of my Trailing Stop products that automatically move the Stop Loss and i
FREE
High Low Open Close
Alexandre Borela
4.97 (37)
If you like this project, leave a 5 star review. Follow on instagram: borelatech This indicator draws the open, high, low and closing prices for the specified period and it can be adjusted for a specific timezone. These are important levels looked by many institutional and professional traders and can be useful for you to know the places where they might be more active. The available periods are: Previous Day. Previous Week. Previous Month. Previous Quarter. Previous year. Or: Current Day. Cu
FREE
This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29957 The free version works only on EURUSD and GBPUSD! Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal tren
FREE
What is this indicator? This indicator is the RSI (Relative Strength Index) supporting Virtual Trading mode of  Knots Compositor . When the mode is turned on, the indicator will be recalculated based on the displayed candlesticks. When the mode is turned off, the indicator will be recalculated based on the original chart candlesticks. Types of the applied price - Close - Open - High - Low - Median Price (HL/2) - Typical Price (HLC/3) - Weighted Price (HLCC/4) KC-Indicators -   KC-MA   (M
FREE
Индикатор, показывающий момент преодоления нулевой отметки индикатора MACD. Индикатор стрелочный и может быть использован для торговли бинарными опционами. Входные параметры Period of SMA1  - Период 1 скользящей средней Period of SMA2 -  Период 2 скользящей средней Period of SMA3 -  Период 3 скользящей средней Inform about finding the signal  - подавать уведомление, при нахождении сигнала
FREE
Stat Monitor 5
Sergei Linskii
5 (1)
Stat Monitor is a good information indicator. Benefits of the indicator: The indicator provides useful information - the current spread, the cost of one lot of the symbol, trading leverage and the recommended lot size for trading. You can use the indicator on the MetaTrader 5 trading platform of any broker. The indicator provides useful information. Version of the Stat Monitor indicator for MetaTrader 4 I wish you all good luck in trading and stable profit!
FREE
Rainbow MT5
Jamal El Alama
4 (1)
Description : Rainbow MT5 is a technical indicator based on Moving Average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, then this is a signal to buy. When price crosses below MA and MA changes color to red, then this is a signal to sell. The Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is now available here . MT4 version is available here .
FREE
Buyers of this product also purchase
TPSproTREND PrO MT5
Roman Podpora
4.9 (10)
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!  Version MT4               DETAILED DESCRIPTION               R ecommended to use with an
TPSpro RFI Levels MT5
Roman Podpora
4.75 (12)
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 (2)
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
Atbot
Zaha Feiz
4.87 (39)
ATbot : How It Works and How to Use It How It Works The "AtBot" indicator for the MT5 platform generates buy and sell signals using a combination of technical analysis tools. It integrates Simple Moving Average (SMA), Exponential Moving Average (EMA), and the Average True Range (ATR) index to identify trading opportunities. Additionally, it can utilize Heikin Ashi candles to enhance signal accuracy. MQL Channel    Leave a massage after purchase and receive a special bonus gift.  AT AI BOT Auto T
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
Trend Screener Pro MT5
STE S.S.COMPANY
4.88 (66)
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
Gold Stuff mt5
Vasiliy Strukov
4.92 (171)
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
Atomic Analyst MT5
Issam Kassas
4.32 (19)
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
FX Levels is an exceptionally accurate support and resistance indicator that merges the traditional Lighthouse method with an innovative dynamic approach, functioning flawlessly across all trading symbols. This includes currency pairs, indices, stocks, or commodities. FX Levels identifies reversal points and displays them on the chart, which can be ideally utilized as profit targets in your trading activities. In developing FX Levels, we have used our extensive experience with brokers and the v
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
FX Power MT5 NG
Daniel Stein
5 (7)
Trading GOLD, and currencies, with the dog walk strategy  - super smart Trading GOLD, and currencies, with the breakout strategy  - super easy Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Power MT5 NG  is the next generation of our long-time very popular currency strength meter, FX Power.  And what does this next-generation strength meter offer? Everything you have loved about the original FX Power  PLUS GOLD/XAU st
FX Volume MT5
Daniel Stein
4.93 (14)
Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (13)
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
Introducing the Gold Blitz Scalping Indicator, the ultimate tool for scalping gold on M1, M5, and M15 timeframes. Developed using advanced AI neural networks, this non-repaint indicator ensures consistent profitability and superior trading results. Tailored for precision and efficiency, Gold Blitz Scalping Indicator is optimized to provide the best results on the M15 timeframe. This Indicator Version will only work if the XAUUSD Market move between 2293 to 2473 Range. If Market Move Higher or Lo
ATrend
Zaha Feiz
4.86 (7)
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
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG, Invert FVG, IFVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, Big Bar, HTF OB, HTF
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
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
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
AT Forex Indicator MT5
Marzena Maria Szmit
5 (5)
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
Support And Resistance Screener Breakthrough unique Solution With All Important levels analyzer and Markets Structures Feature Built Inside One Tool ! Our indicator has been developed by traders for traders and with one Indicator you will find all Imporant market levels with one click. LIMITED TIME OFFER : Support and Resistance Screener Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) (offer extended) The available tools ( Features ) in our Indicator are :  1. HH-LL
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
Italo Trend Indicator MT5
Italo Santana Gomes
4.9 (10)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
The Smart Liquidity Profile is color-coded based on the importance of the traded activity at specific price levels, allowing traders to identify significant price levels such as support and resistance levels, supply and demand zones, liquidity gaps, consolidation zones, Buy-Side/Sell-Side Liquidity and so on.  Smart Liquidity Profile allows users to choose from a number of different time periods including 'Auto,' 'Fixed Range,' 'Swing High,' 'Swing Low,' 'Session,' 'Day,' 'Week,' 'Month,' 'Quart
Quantum Trend Sniper
Bogdan Ion Puscasu
4.71 (49)
Introducing   Quantum Trend Sniper Indicator , the groundbreaking MQL5 Indicator that's transforming the way you identify and trade trend reversals! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Trend Sniper Indicator   is designed to propel your trading journey to new heights with its innovative way of identifying trend reversals with extremely high accuracy. ***Buy Quantum Trend Sniper Indicator and you could get Quantum Breakout Indicator fo
This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a
Golden Spike Premium
Kwaku Bondzie Ghartey
Golden Spikes Detector Notice: Limited-Time 50% Discount on All Products   Due to high interest, only a few (about 8) discounted spots remain for   Golden Spikes Premium .  For those interested, all my trading tools, including Golden Spikes Premium, are currently available at a 50% discount until October 30, 2024 . Feel free to take advantage while it lasts. Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced
More from author
Rise or fall volumes MT5
Alexander Nikolaev
5 (1)
A trader cannot always discover what the last closed bar is by volume. This EA, analyzing all volumes inside this bar, can more accurately predict the behavior of large players in the market. In the settings, you can make different ways to determine the volume for growth, or for falling. This adviser can not only trade, but also visually display what volumes were inside the bar (for buying or selling). In addition, it has enough settings so that you can optimize the parameters for almost any ac
ADX Channel Indicator
Alexander Nikolaev
4.8 (5)
This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicato
FREE
Doji Finder Indicator MT5
Alexander Nikolaev
4 (1)
The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can
FREE
Easy Bollinger Bands
Alexander Nikolaev
4.67 (3)
This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor. For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788 The free version does not provide the ability to use multiple indicat
FREE
Easy Parabolic Sar
Alexander Nikolaev
4.4 (5)
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
FREE
Simple Trade MT5
Alexander Nikolaev
This EA is easy to use, it does not have too complicated settings and algorithms for performing trading operations. It’s not optimized for long, it may appeal to those who recently decided to engage in trading on the exchange with the help of advisers, or who do not want to understand the settings for a long time. The basis of his work is several indicators (moving average, RSI, stochastic, ATR). Despite its simplicity, it has a custom trailing stop function, which can reduce the risks for a dep
Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w
FREE
Easy Channels
Alexander Nikolaev
4 (1)
The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann
FREE
ADX Channel
Alexander Nikolaev
4.67 (3)
ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
FREE
Trend Corrections Expert MT5
Alexander Nikolaev
5 (1)
This Expert Advisor finds the direction of the trend of the currency pair on a given number of bars, after that, it determines the moment of the correction. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the EA trades in the direction of the trend (but only if additional indicator readings confirm the opening of a trade). Since this EA works on corrections, it will not buy at the high or sell at the low of the trend. It has many sett
A breakout of a trend line, as well as a high or low, usually signals a change (or continuation) of the trend. This indicator displays lines at the highs and lows of the price, as well as finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable alerts). This indicator is easy to use, however, there are many trading strategies that are based on trendline breakouts. The number of ca
This EA finds technical analysis patterns that often appear before a trend reversal: Double Bottom, Triple Bottom, Head and Shoulders and their opposite counterparts. The Expert Advisor is able to identify them on the chart of a currency pair and trade when the pattern has been formed and it has been broken through. Also, in order to trade excluding unnecessary signals (for example, with weak volatility), you can adjust and optimize the readings of some indicators (Stochastic, ADX) and the filte
Trend and correction indicator
Alexander Nikolaev
4.17 (6)
The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
FREE
Volume levels are an important indicator for stock trading. In the past, most of the trades were made at these levels, or these trades were made by large traders. In the future, the price often bounces off such levels, and this can be successfully applied in trading. This Expert Advisor is able to determine volume levels based on trade in history. It is based on an indicator that displays levels: https://www.mql5.com/en/market/product/65562 , but besides displaying, it can trade from levels. In
This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
FREE
Trailing stop for advisors
Alexander Nikolaev
4.5 (2)
The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
FREE
Bollinger with WPR demo
Alexander Nikolaev
4.33 (3)
This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1). The EA can be used on time
FREE
Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init
Easy Candles
Alexander Nikolaev
3 (1)
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on th
FREE
Break Lines
Alexander Nikolaev
4.67 (3)
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
FREE
EMA 8 and 18 Trading System
Alexander Nikolaev
2 (1)
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
This EA trades with the trend using several methods to identify and enter a trade. For example, it uses trendlines, Gator and Stochastic indicators to analyze the market. In addition to trading, it can also display trend lines that it trades based on. It has filters for ADX and MA indicators, as well as a sufficient number of settings to be able to optimize on various currency pairs and timeframes. The EA sets stop loss and take profit for each trade, does not have risky trading methods. It i
Volume Levels USDJPY
Alexander Nikolaev
3.5 (2)
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
FREE
Three Fractals demo
Alexander Nikolaev
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
FREE
Colored Candles Demo
Alexander Nikolaev
5 (1)
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
FREE
Volume Candles
Alexander Nikolaev
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
Volume Levels
Alexander Nikolaev
5 (3)
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
ProCandles
Alexander Nikolaev
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
Colored candles
Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
Filter:
Brian Taylor
53
Brian Taylor 2024.06.24 13:30 
 

useful

docjames777
25
docjames777 2024.04.09 15:51 
 

very good indicator

Gloria Sarpong
780
Gloria Sarpong 2024.04.08 15:21 
 

User didn't leave any comment to the rating

gnanos123
797
gnanos123 2024.02.08 21:14 
 

OK Indicator

Ard Sluis
155
Ard Sluis 2022.11.27 14:32 
 

This indicator is very functional and useful. However, I would love to see 1 addition to it. Right now, when there's a DT/DB, it only prompts you only when you have that specific timeframe on your chart, even when there might be current DT/DB on different timeframes. I would love to see the option to choose a number of timeframes I want to get prompts on in the choice menu (in my case: 30min, 1, 2, 4, 8, 12 and daily). Since there is already an alert feature built in, this addition would make it super useful. Then I can just add this indicator on the currency pairs, indices and metals of my choosing. Still 5 stars. Thank you for your time and expertise to put this together.

y728115
329
y728115 2022.07.27 05:33 
 

Thank you. I will utilize it.

Sebastian Schmidt
1249
Sebastian Schmidt 2022.07.21 02:10 
 

a really very good indicator provides fantastic results on its own. thank you for offering it for free!

Reply to review