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Wilders Average True Range for MT5

This indicator implements the original “Average True Range (ATR)” developed by John Welles Wilder Jr., as described in his book—New Concepts in Technical Trading Systems [1978].

It uses Wilder’s moving average, also known as the smoothed moving average (SMMA), instead of a simple moving average (SMA) as used on MetaTrader’s built-in ATR indicator. The default period applied is 7, instead of 14, as per the description in his book.

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An analogue of the Stochastic oscillator based on algorithms of singular spectrum analysis (SSA) SSA is an effective method to handle non-stationary time series with unknown internal structure. It is used for determining the main components (trend, seasonal and wave fluctuations), smoothing and noise reduction. The method allows finding previously unknown series periods and make forecasts on the basis of the detected periodic patterns. Indicator signals are identical to signals of the original i
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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
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Trend indicator based on the ADX / ADXWilder indicator The indicator shows trend areas using ADX or ADXWilder indicator data. How the indicator works: if PDI is greater than NDI, then it`s bullish movement; if PDI is less than NDI, then it`s bearish movement; if ADX is less than or equal to the filter value specified in the parameters, then there is no movement state. Input parameters of the indicator: Calculate Timeframe - timeframe for calculation; ADX Type - type of ADX calculation based
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Value Chart Candlesticks
Flavio Javier Jarabeck
4.73 (11)
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. It
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ToolBot Advisor Indicator
Josue De Matos Silva
4.5 (2)
ToolBot Advisor Indicator (RSI, ATR, ADX, OBV) FREE   An effective indicator for your negotiations The toolbot indicator and advisor brings leading (OBV) and lagging (RSI, ATR, ADX) indicators so that you have more security in your negotiations. In addition, it informs you of possible up and down trends as well as providing you with incredible advisors who will give you information about trading opportunities. With this indicator you will have more security and speed in your decision making of
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SSACD - Singular Spectrum Average Convergence/Divergence This is an analogue of the MACD indicator based on the Caterpillar-SSA ( Singular Spectrum Analysis ) method. Limited version of the SSACD Forecast indicator. Limitations include the set of parameters and their range. Specificity of the method The Caterpillar-SSA is an effective method to handle non-stationary time series with unknown internal structure. The method allows to find the previously unknown periodicities of the series and make
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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 s
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This innovative indicator for measuring the strength of currencies from INFINITY is an indispensable assistant for scalpers and traders trading for a long time. The system for analyzing the Strength / weakness of currencies has long been known and used in the market by the world's leading traders. Any arbitrage trading is not complete without this analysis. Our indicator easily determines the strength of the base currencies in relation to each other. It displays line charts for all or the curre
Donchian Channel DC is the indicator of Donchian Channels, that plots maximum and minimum values of a specific period, besides mean value line. It´s possible to configure simple period for analysis and the indicator will plot all three values. You can trade with this indicator as trend or reversal, according to each strategy. Do not let to test others indicators as soon as others expert advisors.
LT Donchian Channel
Thiago Duarte
4.83 (6)
Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period. Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!
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The indicator highlights the points that a professional trader sees in ordinary indicators. VisualVol visually displays different volatility indicators on a single scale and a common align. Highlights the excess of volume indicators in color. At the same time, Tick and Real Volume, Actual range, ATR, candle size and return (open-close difference) can be displayed. Thanks to VisualVol, you will see the market periods and the right time for different trading operations. This version is intended f
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This is addition of  Effective SV squeeze momentum  that add bolliger band and Keltner channel to chart window.  Squeeze momentum introduced by “John Carter”, the squeeze indicator for MT5 represents a volatility-based tool. Regardless, we can also consider the squeeze indicator as a momentum indicator, as many traders use it to identify the direction and strength of price moves. In fact, the Tradingview  squeeze indicator shows when a financial instrument is willing to change from a trending ma
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Avi vertex
Alexey Viktorov
3.56 (9)
The indicator displays trend slowdown or possible end of trend and price reversal. The indicator has no parameters. When red bars appear and when they become shorter, we can talk about the approaching end of the downtrend. When green bars become shorter, we can expect the approaching end of the uptrend.
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True Volatility
Cristian Eriksson
5 (1)
ATR is an excellent indicator to visualize if volatility is increasing or decreasing. But what if you want to compare the volatility to another pair or instrument? Since each pair with different quote currency has different pip value, the output of the ATR doesn't really say that much. Comparing pairs to other instruments is even harder.  What you as a trader care about is how much the pair has moved up or down in percentage, therefore normalizing ATR to percent would make things much easier.  T
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Gold Levels MTF MT5
Sergei Linskii
5 (1)
Gold Levels MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price, displays price levels of support and resistance from all time frames (TF) using the Murray method based on the Gann theory. The indicator indicates overbought and oversold fields, giving an idea of possible reversal points and at the same time giving some idea of the strength of the current trend. Description of levels: (Extreme Overshoot) - these levels are the ultimate
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Indicador Regressão Linear – Par de Ativos - INTRADAY Indicador é um oscilador que faz o plot do Resíduo resultado da regressão linear entre os dois ativos inseridos como input do indicador, representado pela fórmula: Y = aX + b + R Onde Y é o valor do ativo dependente, X é o valor do ativo independente, a é a inclinação da reta entre os dois ativos, b é a intersecção da reta e R é o resíduo. O resíduo representa a quantidade da variabilidade que Y que o modelo ajustado não consegue explicar. E
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Most traders are aware of the famous Japanese Heikin-Ashi indicator, created in 1700s by Munehisa Homma . It is sometimes spelled Heiken-Ashi , but its meaning remains the same, namely “average bar” in Japanese. This is an implementation of that very well known Heikin Ashi indicator, but with a few added features. For one, it allows for its values to be weighted by the volume , be it the tick-count volume , real volume , or pseudo-volume based on the true range. The major benefit is to reduce th
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RSI on Moving Average Indicator for MT5 The RSI on MA Indicator integrates Moving Average Crossovers with the Relative Strength Index (RSI) to enhance trend detection and momentum analysis. By merging these technical elements, it improves precision in identifying market movements. The indicator displays two oscillating lines ranging from 0 to 100, making it easier to pinpoint buy and sell opportunities while clarifying trend directions. «Indicator Installation & User Guide» MT5 Indicator Instal
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Bar Color Trend
Germano Chagas
4.38 (8)
Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
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KF-BB Professional Bollinger Bands with Alert. Bollinger bands available in the market are mostly drawn based on simple moving average . KF-BB is the first bollinger bands that can draw the center line using all the usual methods simple , exponential, etc. A very professional indicator, it does not end here other advantages of this indicator include creating an alarm on the desktop and the mobile phone When the candlesticks hit one of the center lines or the upper and lower bands Download Demo V
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Multi-timeframe trend indicator based on the ADX / ADXWilder indicator with Fibonacci levels The indicator shows trend areas using ADX or ADXWilder indicator data from multiple timeframes. The impulse mode of the indicator allows you to catch the beginning of a trend, and several "Screens" with different timeframes allow you to filter out market noise. Fibonacci levels are added to the price chart, which have flexible settings. How the indicator works: if PDI is greater than NDI, then   it`s
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Moving Averages OnOff MT5
Fabrizio Malavasi
5 (3)
The Moving Averages On-Off  let you  control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments .    --->  This indicator is part of Combo Indicator OnOff It's possible to  setup three Moving Averages : Short ,  Medium ,  Long   Input You can customize the price type used for calculation : close, open, high, low, median price, typical price, weighted It's
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Menora Indicator
Arnold Kurapa
4.5 (2)
Menora (All In One) Indicator. This is the advanced and premium indicator for the Magic Trend, a free indicator.  It has 3 output signals driven by different market conditions. This indicator has a double function of working as an indicator and utility at the same time. Specifications  1]  3 output signals a) Slow Moving Average with color change - The MA has a non-repaint color change, which makes it perfect for entry signals. b) Fast Moving Average (the original Magic Trend line) - Gives a
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FractalEfficiencyIndicator   A ratio between 0 and 1 with the higher values representing a more efficient or trending market,  It is used in the calculation of Perry J. Kaufman Adaptive Moving Average (KAMA), dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change. The Fractal Efficiency or also known as Efficiency Ratio was first published by Perry J. Kaufman in his book   ‘Smarter Trading‘. This is mostly considered a filter for v
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FVG Indicator
Daniel Moises Pimentel Flores
This indicator identifies and highlights market inefficiencies, known as Fair Value Gaps (FVG), on price charts. Using a custom algorithm, the indicator detects these areas of imbalance where the price moves sharply, creating potential trading opportunities. Indicator Parameters: Bullish FVG Color (clrBlue) : Color used to highlight bullish inefficiencies. The default value is blue. Bearish FVG Color (clrRed) : Color used to highlight bearish inefficiencies. The default value is red. Bullish FVG
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This indicator is based on the original “ Time Segmented Volume (TSV) ” developed by Worden Brothers, Inc . However, I added an extra few features to this one. One can choose the price to be applied, instead of only having the default close price used by the original. One can also choose which volume weighting to use, including a pseudo-volume based on true range, or no volume weighting at all.
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Dsc Oscillator
Diogo Sawitzki Cansi
Recomended broker: https://tinyurl.com/5ftaha7c Indicator used to monitor price fluctuations in the market and discover possible reversals through reversal points or divergences in the indicator. All assets and all timeframes.   SEE OUR RESULTS ON INSTAGRAM:  https://www.instagram.com/diogo.cansi/   TELEGRAM GROUP =  https://t.me/robosdsc More information by email dscinvestimentos@gmail.com or by Whatsapp 55-991372299
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FT ROC Histogram
FLEK TRADING s.r.o.
3 (1)
The indicator displays the value of ROC (Rate of change) from the selected price or moving average as a histogram. You can plot the moving average ROC values for smoothing indicator. Displayed Data ExtROC - rate of change ExtMAROC - smoothing line Parameters You can change the price, on which the indicator is calculated. Inputs InpMAPeriod - in case you want to calculate the moving average ROC, enter averaging period. Enter 1 for the calculation of the specified prices. InpMAMethod - smoothin
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GPF Stochastic
Fabio Passaro Roy Casanova
5 (1)
GPF Stochastic:  a momentum indicator that compares a specific closing price of an asset to a range of its prices over a certain period. It helps traders identify potential overbought or oversold conditions in the market. The indicator consists of two lines: %K Line : The main line, which represents the current closing price relative to the price range over a set period. %D Line : The signal line, which is a moving average of %K. The Stochastic Oscillator ranges from 0 to 100 , with levels typic
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MWC COX 5
Joerg Hamann
3 (1)
The MWC COX indicator shows the extreme zones of net short/long positions of the Commitments of Traders Report released by the CFTC once a week for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks. Additional Features Displays the sum of all 4 periods in one line MA, MOM and RSI indicators are integrated ( not in the MQL5 Version 1.0 ) Please make sure that you download the MWC_Demo.zip file and unpack it into   [...]/MQL5/Files   folder.  ->  www.myweeklycot.com/t
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Most traders are aware of the famous Japanese Heikin-Ashi indicator, created in 1700s by Munehisa Homma . It is sometimes spelled Heiken-Ashi , but its meaning remains the same, namely “average bar” in Japanese. This is an implementation of that very well known Heikin Ashi indicator, but with a few added features. For one, it allows for its values to be weighted by the volume , be it the tick-count volume , real volume , or pseudo-volume based on the true range. The major benefit is to reduce th
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The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price , of which the alpha value of the EMA is fixed at 0.5 (equivalent to an EMA period of 3.0). In this dynamic version, the period can be changed to whatever value one wishes to use, which also allows one to approximate multi-time-frame analysis, or use the low or high value as a sort of trailing stop-loss. The crossing of the real Close price over the Heikin
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This indicator is based on the original ZigZag provided as a source code example with MetaTrader installations. I rewrote it with some extra features for displaying the “depth” channel and the respective break-outs. It also allows one to observe prior zig-zag points. Optionally, it can alert the user when break-outs occur. The alerts can be simply on the terminal or also via push notifications on a mobile device, with your own custom text.
FREE
Most traders are aware of the famous Japanese Heikin-Ashi indicator, created in 1700s by Munehisa Homma . It is sometimes spelled Heiken-Ashi , but its meaning remains the same, namely “average bar” in Japanese. This is an implementation of that very well known Heikin Ashi indicator, but with a few added features. For one, it allows for its values to be weighted by the volume , be it the tick-count volume , real volume , or pseudo-volume based on the true range. The major benefit is to reduce th
FREE
This indicator is based on the original ZigZag provided as a source code example with MetaTrader installations. I rewrote it with some extra features for displaying the “depth” channel and the respective break-outs. It also allows one to observe prior zig-zag points. Optionally, it can alert the user when break-outs occur. The alerts can be simply on the terminal or also via push notifications on a mobile device, with your own custom text.
FREE
The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price , of which the alpha value of the EMA is fixed at 0.5 (equivalent to an EMA period of 3.0). In this dynamic version, the period can be changed to whatever value one wishes to use, which also allows one to approximate multi-time-frame analysis, or use the low or high value as a sort of trailing stop-loss. The crossing of the real Close price over the Heikin
FREE
This indicator is based on the original “ Time Segmented Volume (TSV) ” developed by Worden Brothers, Inc . However, I added an extra few features to this one. One can choose the price to be applied, instead of only having the default close price used by the original. One can also choose which volume weighting to use, including a pseudo-volume based on true range, or no volume weighting at all.
FREE
This indicator is based on the original “ Time Segmented Volume (TSV) ” developed by Worden Brothers, Inc . However, I added an extra few features to this one. One can choose the price to be applied, instead of only having the default close price used by the original. One can also choose which volume weighting to use, including a pseudo-volume based on true range, or no volume weighting at all.
FREE
This indicator was inspired by John Welles Wilder's average true range (ATR) , but with some extra information. Similarly, it calculates the exponential moving average of the true range, but using the standard alpha weight instead of Wilder's . It also calculates the average deviation of the range average, and displays it as an offset. This helps not only identify a change more quickly, but also its impact.
FREE
This indicator implements the original “ Average True Range (ATR) ” developed by John Welles Wilder Jr. , as described in his book— New Concepts in Technical Trading Systems [1978] . It uses Wilder’s moving average , also known as the smoothed moving average (SMMA) , instead of a simple moving average (SMA) as used on MetaTrader’s built-in ATR indicator. The default period applied is 7, instead of 14, as per the description in his book.
FREE
This indicator was inspired by John Welles Wilder's average true range (ATR) , but with some extra information. Similarly, it calculates the exponential moving average of the true range, but using the standard alpha weight instead of Wilder's . It also calculates the average deviation of the range average, and displays it as an offset. This helps not only identify a change more quickly, but also its impact.
FREE
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