Category: Forex MT5 Indicators
Keltner Channel With Signals Indicator MT5
The Keltner Channel With Signals Indicator for MT5 plots a Keltner Channel around a smoothed Jurik moving average. It also marks trend changes with star signals. This makes it easier to spot where a new move begins without having to interpret the lines yourself. Example chart: How to use the Keltner Channel With Signals Indicator […]
Trend Scalp Indicator MT5
The Trend Scalp Indicator for MT5 is built on the T3 Smoothed Moving Average and designed to cut through the noise of short-term price swings. It give scalpers a cleaner read on where momentum is actually heading. Example chart: How to use the Trend Scalp Indicator for MT5? The Trend Scalp Indicator plots a single […]
MT5 Highly Adaptable MA with Alerts Indicator
The Highly Adaptable MA with Alerts Indicator for MT5 is esentially a price channel made of multiple moving average lines. Example chart: How to use the MT5 Highly Adaptable MA with Alerts Indicator? When the channel is in place and price moves to the extreme (outside lower or upper band) an according buy/sell arrows are […]
MT5 Blast Off Indicator
The Blast Off Indicator for MT5 is a simple momentum tool that tells whether buyers or sellers are gaining strength in the market. Example chart: How to use the MT5 Blast Off Indicator? The Blast Off Indicator for MetaTrader 5 is displayed in a separate window below the main trading chart and consists of a […]
Vortex Indicator MT5
The Vortex Indicator for MT5 is responsible for identifying trend direction and provides trading signals based on line crossovers. It also shows how strong market trends are. Example chart: How to use the Vortex Indicator for MetaTrader 5? The indicator consists of two lines, namely V+ line is an blue bullish line and the V- […]
Slingshot Indicator MT5
The Slingshot Indicator for MT5 is responsible for diplaying the colored price momentum histogram and signal line under the candlestick chart. Example chart: How to use the Slingshot Indicator for MT5? The Slingshot indicator uses different colors to suggests probable direction of the price movements. Traders should understand them as follows: Green – bullish movement […]
MT5 MinPriceChange Signal Indicator
The MinPriceChange Indicator for MT5 helps detect when the market moves from a flat (sideways) phase into a new movement, which is either a continuation of the current trend or an reversal. Example chart: How to use MT5 MinPriceChange Signal Indicator? The idea behind this tool is simple: markets move sideways for some time, then […]
Vortex Oscillator Indicator MT5
The Vortex Oscillator Indicator for MT5 displays histogram bars and can be successfully used both in trend-following and reversal strategies. Example chart: How to use the Vortex Oscillator Indicator for MT5? This oscillator is based on the original Vortex indicator and shows the difference between the VI+ and VI- lines as a histogram. Blue bars […]
MT5 Setka Indicator
The Setka Indicator for MT5 is responsible for displaying a grid, which is helpful for understanding important market levels (with right parameters). Example chart: How to use the MT5 Setka Indicator? The use case for MT5 Setka Indicator is based on concept that meaningful price action happens at certain price levels and at given time. […]
MT5 Rainbow Oscillator Indicator
The Rainbow Oscillator Indicator for MT5 is based on the Mel Widner’s Rainbow Average, but this version displays both histogram bars and oscillator line. Example chart: How to use the MT5 Rainbow Oscillator Indicator? The goal of the Rainbow Oscillator Indicator for MetaTrader 5 is recognizing and showing trends in the market. Blue color corresponds […]
