New Technical Indicators for MetaTrader 5 - 62

Fixation of the Result is a trend indicator, a technical analysis tool that helps determine the exact direction of a trend: either an up or down price movement for a trading pair of currencies. This indicator, although a little late, is still the most reliable signal that a trader can safely focus on. Determining the market trend is an important task for traders. The indicator is used in the forex markets. One of the main definitions for monitoring the currency market is a trend, which is why

The Signal Sunrise channel indicator automatically builds a trend movement support channel. The price is in its trend movement in a certain range, and not a chaotic spread of the price is unclear in which direction. And if the price deviates within a certain range, then this means that the boundaries of these ranges are support and resistance lines and form a channel. It is no secret that the wave theory, like many others, is based on observations, however, one of the most important patterns i

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "Candlestick Pattern Finder with Alerts and Hide Button" is a sophisticated technical analysis tool designed to elevate your trading experience by identifying key candlestick patterns in the market. This powerful indicator offers valuable insights into price action, enabling you to make well-informed trading decisions. Unlock Candlestick Insi

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "MACD Crossover with Alert and Button" is a valuable technical analysis tool designed to help traders spot potential trend changes and trading opportunities in the market. This indicator provides essential insights into the market's momentum, enabling you to make well-informed trading decisions. Master the MACD Indicator: The Moving Average C

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "Moving Average Lines Crossover with Alert" is a valuable technical analysis tool designed to help traders identify potential trend reversals and trading opportunities. Seamlessly integrated into your trading platform, this indicator empowers you with essential data to make well-informed trading decisions. Spot Trend Reversals: Utilize the po

Element is a Forex arrow indicator that implements a kind of technical analysis based on the idea that the market is cyclical in nature. Follows the market trend with good reliability, ignoring sharp market fluctuations and noise around the average price. Thus, all intersection points will be optimal points at which the movement changes taking into account the indicator period. It catches the trend and shows favorable moments of entering the market with arrows. Displays signals simply and clear

Developed by Jack Hutson in the 80's, the Triple Exponential Moving Average (a.k.a. TRIX ) is a Momentum technical indicator that shows the percentage of change in a moving average that has been smoothed exponentially 3 times. The smoothing process was put in place in order to filter out price movements that are considered insignificant for the analysis period chosen. We at Minions Labs found hard to follow the smoothness of the original TRIX line, so we colored the TRIX line with BUY and SELL t

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

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The Moving Average Cross Price Alert Indicator is a technical tool designed to simplify your trading decisions. With a single moving average line, this indicator effectively identifies trend changes and potential trade opportunities. Its core function is to provide real-time alerts when the price crosses above or below the moving average line, sig

An imbalance indicator that marks imbalance on the chart with zones and gives the amount of imbalance as an oscillator value. There's one line for the amount of short imbalance, one line for the long imbalance and the combined imbalance as a thicker line. The combined imbalance goes above 0 if there's more imbalance above than below the current price and vice versa. The blue thicker line, shows (imblance above - imbalance below). The greeen dotted line shows imbalance above The red dotted line s

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 F

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 res

This is easilly the most overlooked indicator that gives you most insights in price action. It's the only indicator I use myself. This indicator gives you insights on how much price will move today, and in which direction most likely. ADR stands for average daily range. If you trade or scalp intraday, you must know the range of how much price will move. Let's say price has moved half of what is normal for the day, and it's in the bottom of price action, it is more likely that price continues to

The Market Reversal Catcher indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal. Market Reversal Cather User Guide -   Read Version for MetaTrader 4 - here The indicator is very easy to use and does not require a lot of information to understand how it

The indicator, Big Candle Detect , is based on ATR and Volume to detect candlesticks of buying and selling strength, which is represented through an oscillator indicator. With this indicator you will be able to identify the lateral market, providing better entries according to your strategy. Big Candle Detect highlights candles with brighter colors when the condition is found, making it easier to identify, in addition to being fully compatible for automation in your EA. SETTINGS ATR Period

About AIntel Is there are reason you select RSI 14 or 21? Is there a reason you select EMA 25? Is there a reason you pick these periods for these and any other indicators? Those numbers might have worked 10 or 20 years ago. They might be working for traiding certain currency pair in a certain timeframe.. But they DO NOT give you the best profit and outcome at all times all pairs all trades! AInter is "automated inteligence" series indicators that optimize automatically for best profit so you don

Switch symbols and timeframe by arrow buttons 1. You can switch multiple symbols of one or all charts. 2. You can set list of symbols to switch between them or get them from Market Watch. 3. You can change timeframe of one or all charts. List of timeframes here [M1, M5, M15, M30, H1, H4, D1, W1, MN1]. Switch symbol of all charts: indicator check current symbol of the chart to get index of it in list and change for next or previous. Key functions: - Right arrow key: switch to next symbol. - Left

An Adaptive Moving Average (AMA) is one more moving average overlay, just like EMA. It changes its   sensitivity to price fluctuations . The Adaptive Moving Average becomes more sensitive during periods when price is moving in a certain direction and becomes less sensitive to price movement when price is volatile. For more information, welcome to our Telegram Group.  https://t.me/InfinXx

A breakout refers to   when the price of an asset moves above a resistance area, or moves below a support area . Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher. The indicator works with arrows in case of breakthrough, you also have a level of 1 tp, a level of 2 tp, a level of 3 tp. For more information, welcome to our Telegram Group.  https:

The Hull Moving Average (HMA) attempts to minimize the lag of a traditional moving average while retaining the smoothness of the moving average line. Developed by Alan Hull in 2005, this indicator makes use of weighted moving averages to prioritize more recent values and greatly reduce lag. The resulting average is more responsive and well-suited for identifying entry points. For more information, welcome to our Telegram Group.  https://t.me/InfinXx

The Slope indicator   measures the slope of a linear regression , which is the line of best fit for a data series. A 20-period Slope, therefore, measures the slope of a 20-day linear regression. ... In general, a positive slope indicates an uptrend, while a negative slope indicates a downtrend. How do you use slope Indicator? By applying the slope indicator  to both the price chart and the price relative , chartists can quantify the price trend and relative performance with one indicator. A pos

Among the top indicators offered here on the market in terms of value for money. I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. This supply and demand zone indicator draws the zones on the chart and sends alerts when the price has reached or broken a zone. It has support  for one nested zones (zones on one other time frame than the current)  which will also be drawn on the chart and involve alerts. It i

Boom and Crash Spike Detector indicator is coded based on an advanced strategy primarily for detecting the Boom and Crash in the prices. Complex algorithms were implanted to detect high probability   Booms and Crashs in the prices .  Key Features Sends push notifications to mobile phone Pop up and sound alerts on computer or laptop Displays non repaint arrows (up arrows for Potential Boom and down arrows for Potential Crash) Working with all pairs. Recommendation Timeframe : H1 and H4 Recomme

Index Volatility Trend Indicator. Main features: It is only used for Synthetic Indices in the Binary or Deriv broker, which are the same. It has trend filter. It has a Sound Alert to warn of a possible price drop. It can send you mobile alerts if you put it on a VPS. It is configured with the L566b12 algorithm which is designed for better efficiency. How to use the indicator It works in the temporality of M1. The trend must be strong. Wait for the signal candle to end in a differen

MT4 Version Elliot Wave Oscillator MT5 Elliot Wave Oscillator MT5 is an indicator designed to support Elliot Wave counts. The default settings help filtering out the noise in the market allowing a clear perception for the waves counts in differnt timeframes. Elliot Wave Oscillator high customization level allows the you to optimize this indicator to your personal preferences. Shorter Periods and faster reactive MAs will provide more infomation but will require a higher level of experience for a

This indicator is mainly used for my SuperDonchain EA but can also be used as a simple indicator. It draws a donchain channel in the chart window. It has various setting options which affect the graph. Furthermore, the colors of the graph can be adjusted. Simply copy it into the indicators folder and drag it from there into the chart window https://www.mql5.com/de/market/product/78025?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fde%2Fmarket%2Fmy

This indicator is mainly used for my SuperDonchain EA but can also be used as a simple indicator. It draws a simple supertrend on the chart window. It has various setting options which affect the graph. Furthermore, the colors of the graph can be adjusted. Simply copy it into the indicators folder and drag it from there into the chart window. https://www.mql5.com/de/market/product/78025?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fde%2Fmarket%2Fmy

Indicator Constant TF Moving Average basically is the same Moving Average indicator, but differently it always shows the price values of chosen time frame. Also, number of periods to show can be selected. Indicators purpose is to use it as support and resistance level in smaller time frames than selected in Input menu. How it looks like you can see in screenshots and video. ---------Main settings-------- Timeframe - choose time frame from dropdown menu Number of periods to show - enter the integ

An indicator for analyzing different currency pairs simultaneously Forex is a complex market that requires several currency pairs to be analyzed simultaneously Determine the number of currency pairs yourself Determine the currency pair you want to analyze to analyze 4 of the most important and similar currency pairs at the same time. For direct and simple analysis, some currency pairs have changed (EURUSD>>>USDEUR) Do not doubt that to succeed in this market, you must analyze several currency pa

The indicator draws lines (with line objects) to the close prices of the last closed bars, on selected timeframes. Parameters Close line 1 close price timeframe - timeframe of the 1st close price Close line 1 color - color of the 1st close price Close line 1 width - width of the 1st close price Close line 1 style - style of the 1st close price Close line 1 max count - the maximum number of lines plotted for the 1st close price, considering the selected timeframe in Close line 1 timeframe paramet

Индикатор отображает размер бара и его направление. ---------------------------------------- Цвета гистограммы: * Красный - Медвежий бар. * Зелёный - Бычий бар. * Серый - Цена открытия и цена закрытия равны. * Синяя линия - скользящая средняя. ---------------------------------------- Параметры: - Type of Calculation   - Тип расчёта ( High - Low, Open - Close ) - Moving Avarage   - Период скользящей средней - Method for MA - Метод усреднения скользящей средней

Holiday Sales Zones Indicator The Zones Indicator is your everyday Trading tool that  leverages advanced algorithms, including ICT institutional concepts like order blocks , engulfing candle patterns , and Level interactions , to identify critical levels of supply and demand (Resistance & Support). Visual signals are generated and clearly marked on the chart, providing a straightforward guide for traders to spot key opportunities. Key Features Advanced Algorithmic Analysis : Identifies supply

O indicador mostra as principais regiões de compradores e vendedores. Onde há defesa e agressão dos players do mercado, possíveis locais de STOPS. Regiões em vermelho com Setas para baixo indicando onde houve vendedores atuando no mercado. Regiões em verde com Setas para cima indicam onde houve compradores atuando no mercado. Indicador mostra locais interessantes para operar, onde o Stop é mais barato.

TrendHunt is an indicator focus on higher timeframe (H1 and Above) It using breakout strategy, plus MA for filter. Check for Support, Resistance and News before every entry to increase the success rate. Parameters Moving Average Period - 200 Moving Average Price - Closed Price Entry Period - 20 (Breakthrough 20 High for Long, 20 Low for short) Stop Period - 10 (cross over 10 low for exit long)

SEE THE TREND ON EVERY TIME FRAME. INTELLIGENT INDICATOR READS PRICE ACTION TO SPOT TRUE MARKET CYCLES AND TREND. This advanced multi-currency and multi-time frame indicator,   reads trend in real-time   so you always know the trends of the markets   you want to trade.  ​Trend-Viewer Pro has been specifically designed to read the trend of   every time frame   and   every market , simultaneously, making it much easier for you to find markets with   time frame correlation , so you can focus on th

Introduction to Support Resistance Risk Management Support Resistance is the most trusted technical analysis. However, the risk management for the support and resistance is not practiced often. Hence we provide one effective risk managment method for the support and resistance trader. In the book: Scientific Guide To Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave), how to use Support Resistance is described as well as Fibonacci Analysis, Harmonic Pattern, Elliott Wave

MT4 Version Multi Timeframe MA MT5 Multi Timeframe MA MT5 is an indicator that offers the representation of up to 3 MAs with different Periods and Timeframes. This allows the user to reprensent in one chart and timeframe information coming from other timeframes and get notified as any of the MAs crosses another one. Multi Timeframe MA is the first indicator in the market that offers Multi Timeframe interactions and a high customization level from up to 7 different MA types (SMA, EMA, WMA, Smooth

This project did not reach the basic funding number, so I am abandoning it momentarily. The system is now free for other traders to continue the idea. You can follow my new project through my signals. A tool for institutional investor, now avaliable for Home users. We equip you like banks equip their analysts! How it works Focused on the Forex market, it takes advantage of the need of nations to control the value of their currency and the world exchange variations to analyze, through the pro

KT Bollinger Shots works using a striking blend of the slingshot pattern and the mean-reversion phenomenon applied to financial markets. In addition, a mathematical algorithm is used with variable deviation to fine-tune the indicator's signals on a different level. Winning Trade: After a signal, if price touches the middle band in profit, it is considered a winner. Losing Trade: After a signal, if price touches the opposite band or touches the middle band in loss, it is considered a loser. !

Definition : A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal). Market Profile is best understood as a way to see order in the markets. Market Profile was a way for traders to get a better understanding of what was going on, without having to be on the trading floor. The current indicator is developed based on Easy-to-Use architecture including a wide range of visual settings. Major Features of Indicator : Various Views of Market Profile The indicat

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "Moving Average Lines Crossover with Alert" is a valuable technical analysis tool designed to help traders identify potential trend reversals and trading opportunities. Seamlessly integrated into your trading platform, this indicator empowers you with essential data to make well-informed trading decisions. Spot Trend Reversals: Utilize the pow

BeST Swing Strategy MT5 is a Metatrader indicator based on the corresponding Jim Berg's work about volatility as described in his article "The Truth About Volatitlity" (TASC 2/2005).The indicator consists of 2 channel lines deriving as (MA+/- times the ATR) and can be used as a standalone trading system.The outlier prices of the Market as of the indicator's values can be used for producing Entry and Exit Signals. Advantages of the indicator == Uses 2 Swing Strategies == Never repaints its Sig

Indicator that show candlestick bars with an different sampling method than time fixed. Real time data is sourced to the indicator and it may be used as substitute of the default graph. Each bar is formed when a predefined volume of assets was dealt, showing in the graph the OHLC of this clustering. The amount of bars is proportional to the amount of negotiations instead of a sample in a fixed amount of time. If the broker doesn't show the real volume of the trades, this indicator won't work. Th

Bollinger Band is one if the most useful indicators if used properly. Trend Guard used the parameters based on Bollinger to create a tool that can help traders enter trades at most optimal level. The indicator is useful to all traders since it checks for retracements and changing trend direction. With this indicator, you get the opportunity to open trades early and also lock your profits based on the dotted trend lines that form after a certain level of Bollinger band. We have simplified the ind

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "Live Account Statistics" Indicator is a powerful technical analysis tool that provides real-time insights into the performance of your trading account. With this indispensable tool, you can access crucial account statistics, such as balance, equity, drawdown, and more, allowing you to make data-driven trading decisions. Key Features: Real-Ti

Description:  For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post   here . The "High Spread Alert" Indicator is a valuable tool for traders, providing real-time information about spread fluctuations in the forex market. As a technical analysis tool, it helps traders make informed decisions by alerting them to periods of high spread, which can impact trading conditions and execution. Key Features: Spread Monitoring: The

This indicator calculates trend via two different moving averages and draw zigzag trend lines. You can change fast and slow Moving Averages settings for customization. Inputs: Fast MA Time Period :  64 Fast MA Shift: 0 Fast MA Method: Smoothed Fast MA Apply To: Median Price Slow MA Time Period: 32 Slow MA Shift: 0 Slow MA Method: Smoothed Slow MA Apply To: Median Price ZigZag Color: Red ZigZag Type: DashDot ZigZag Width: VeryThin 

PAX BDB Trade Chaos system of Bill Williams   (Bearish/Bullish divergent bar). One of the signals of the "Trade Chaos" system of Bill Williams. (First wiseman) When bar moving away from the  "Alligator" indicator and there is divergence on the Awesome Oscillator indicator, it shows a potential point of movement change. It is based on the opening/closing of the bar, the position relative to the previous ones, the Alligator and AO. When trading, the entrance is at the breakthrough of the bar(short

Add this indicator to chart and set the ExtDepth Setting of ZigZag  It gives instant alert when Price touches trendline Upper, Lower or Middle channel Features : -Enable / Disable alerts on upper, lower or middle line - Add pause after a alert in seconds - Pause or Unpause Trend channel with button on chart - Add early alerts by adding points in input field, for example ETH price is 2900.25 here the digits 25 is "point", so if you add 25 in input field in points and if the value of lower line

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 p

This indicator performs a single task - it displays the chart as HLC-bars (bars without open prices). Also, these bars have two features: The color of the bar is determined by comparing the closing price of the current bar with the closing price of the previous bar, thus there is no confusion due to price gaps (gaps). An example of such a situation is shown in the screenshots (standard candlesticks are compared to the this indicator); The colors of the bars and their thicknesses can be edited.

A visualization system for favorite candlesticks price action patterns. Once attached, indicator will automatically mark next patterns on the chart: Pinocchio bar  - a small-body bar with a long 'nose', very well-known reverse pattern; Inside bar  - a bar whose range lies inside the range of the previous bar. It represents market incertitude; Outside bar  - a bar whose range exceeds the range of the previous bar. It represents market incertitude; Rails pattern  - two consequent opposite bars wit

The indicator helps to enter a trade following the trend, at the same time, after some correction. It finds strong trending movements of a currency pair on a given number of bars, and also finds correction levels to this trend. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the indicator signals this. You can set different correction values, 38, 50 and 62 (Fibonacci levels) are better. In addition, you can set the minimum trend lengt

The trend is your friend! Look at the color of the indicator and trade on that direction. It does not  repaint. After each candle is closed, that's the color of the trend. You can focus on shorter faster trends or major trends, just test what's most suitable for the symbol and timeframe you trade. Simply change the "Length" parameter and the indicator will automatically adapt. You can also change the color, thickness and style of the lines. Download and give it a try! There are big movements w

Gartley Hunter - An indicator for searching for harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with a system of alerts and push notifications. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. 12 harmonic patterns: 7 classical and 5 exotic. New patterns will be added as the indicator develops. 2. Constant automatic search for harmonic patterns. The indicator is capable of finding from the smallest to the largest patterns. 3. Automa

Indicator - HotKeys allows you to make your work in the MT5 terminal more comfortable Indicator features: - Calling the creation of an object on the chart with keyboard shortcuts - Enable/disable auto scroll  - Quick switching between main custom templates Preset keyboard shortcuts:  - Rectangle - Q  - Fibo - E - Horizontal level - R - Cut - T - Auto Scroll - A You can assign other keyboard shortcuts (capital letters of the English alphabet only) Important: The indicator does not allow you

Advanced Indicator Scanner is a multi-symbol multi-timeframe scanner that works with hundreds of custom indicators available across the web including mql5 website market and codebase indicators. Advanced Indicator Scanner features: Scans your indicator in 28 customizable instruments and 9 timeframes. Monitors up to 2 lines(buffers) of an indicator. Showing of indicator value on buttons. You can choose between 3 alert modes:  Single symbol and timeframe Multiple timeframes of a symbol Multiple

Indicator that show candlestick bars with an different sampling method than time fixed. Real time data is sourced to the indicator and it may be used as substitute of the default graph. Each bar is formed when a predefined amount of ticks is received, showing in the graph the OHLC of this clusteri of ticks. The input variable is the amount of ticks of each bar. It's a different approach of sampling, the amount of bars is proportional to the amount of negotiations insted of a sample in a fixed am

The M Extensions are variations of the Golden Ratio (Fibonacci Sequence). It is the World's first technique developed for Candle Projections. Advantages: Easy to plot. Candle anchoring; High and accurate precision as support and resistance; Excellent Risk x Return ratio; Works in any timeframe; Works in any asset / market.   The M Extensions are classified into: M0: Zero point (starting candle) RC: Initial candle control region M1: Extension region 1 M2: Extension region 2 M3: Extension regi

When trading price action or using price action triggers such as Pbars, Inside Bars, Shaved Bars, etc. it is important to always wait for the bar/candle to close more than anything else.It is often the case (whether it’s the 4H, hourly, etc) that price action will be dominant in one direction for the majority of the candle only to reverse strongly at the end of the candle.  Institutional traders  know retail traders are less disciplined than they are. They know a good trading candle pattern coul

Investment Castle News Indicator will plot vertical lines before the news on the chart and categorized in three different colors in accordance with the news importance. You can choose to limit the news to the current chosen symbol or show all future news on the same chart. High impact news is marked in Red lines be default. Medium impact news is marked in Orange lines be default. Low impact news is marked in Yellow lines be default.

This indicator simplifies your entry zones by displaying the areas where you can plan your entry that potentially could give you high risk/reward ratios. Other than picking the most optimal entry points, the Hot Zone indicator can act as your typical support/resistance indicator for pullbacks for all timeframes. You can use this indicator as the only trading indicator or use it with another indicator for reentry purposes.  Besides, when using Hot Zones, the risk/reward ratio should be well abov

This simple, yet powerful indicator is very good way to determine actual S/R levels. It's main purpose is making your overview on markets much better.It has built-in arrow signal system, which should be used along with MT indicators for best results.Just try it. Recommended MT indicators to use along: Bollinger Bands (default) RSI (period 3, levels 10/90)

Hello Traders I have created this indicator to Catch SPIKES on Crash1000, Crash500 and Crash300. Follow the below mention instruction for better Result 1. When Red arrow pop up on the Chart, Take a Sell entry 2. Stay in trade until price break below from entry 3. Do not hold trades after all trades went in Blue 4. Keep adding position until spike cross below from intial entry See Example for more assistance

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

GAPS indicator Metatrader 5 For some of the strategies used in indices, stocks and other assets, the GAP of each candlestick is usually measured, but if we want to do this manually, this can lead us to make calculation errors. For this reason, "GAP Indicator" was created, which automatically shows the PIPS value of each of the GAPS presented between each of the candles and generates an alarm when they appear, if the option is activated.

MT4 Version Fibonacci Bollinger Bands MT5 Fibonacci Bollinger Bands is a highly customizable indicator that shows areas of support and resistance. This indicator combines the logic for the Bollinger Bands with the Fibonacci level. Fibonacci Bollinger Bands is the first   indicator in the market that allows the user to 100% customize up to 12 Fibonacci levels, the Moving Average type and the price data source to use for the calculations. This flexibility makes the Fibonacci Bollinger Bands easily

MT4 Version   MA Ribbon MT5 MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction,  reversals   and continuation points in the market as well as potential entry, partial take profit and exit points. Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers. It offers a good combination with mostly any volume or momentun indicators to

One of the best tools category for an Expert Advisor is the Filtering System . Using a filter on your entries will take your metrics to the good side. And even when you trade manually a filtering system is more than welcome. Let us present a commonly used filtering system based on Exponential Moving Averages - in fact, you can choose the type of the MAs as you wish and also mix them all up - we called this indicator Filter Trend MA . We present this indicator as a colored strip you can use at th

MT4 Version Wave Trend MT5 Wave Trend is an oscillator, which helps identifing in a extremely accurate manner market reversals. The Oscillator being obove the overbought level and a cross down of the fast into the slow MA usually indicates a good SELL signal. If the oscillators is below the oversold level and the fast MA crosses over the slower MA usually highlights a good BUY signal. The Wave Trend indicator can be also used when divergences appear against the price, indicating the current move