MT5 Damjan Indicator
Platform: MT5 Type: Trend Last update: February 10, 2026The Damjan Indicator for MT5 provides traders with ideas for key turning points and short-term trend opportunities. It was designed to provide high-quality signals and ingore market noise.
Example chart:
How to use the Damjan Indicator for MT5?
Once the Damjan Indicator is activated in MetaTrader 5 platform, it displays colorful histogram bars.
Green bars suggest bullish trend and long trade opportunities. Conversely, red bars reflect bearish bias and traders should be looking for short opportunities.
Size of these bars also plays a role – when they get smaller it means the momentum is exhausting and potential reversal is coming.
In the settings tab, one can change period option to adjust sensitivity of the readings.
