The Market Sessions Indicator for MT5 displays separate forex trading sessions and it’s available to free download. What’s more, it also shows the maximum and minimum prices of the preceding market session. Trading conditions are more favorable during certain sessions, which are marked by higher market liquidity. Sounds interesting? Let’s take a closer look. Introducing…
Category: Forex MT5 Indicators
Candle Time And Spread Indicator MT5
Introduction to the Candle Time And Spread Indicator The Candle Time And Spread Indicator is a useful informational tool that displays the time left to the bar end and the current spread in real-time. It is a great supplementary gauge in a trading endeavor. The Candle Time And Spread Indicator fits all kinds of timeframes…
JF Engulfing Candle Indicator MT5
Introduction to the JF Engulfing Candle Indicator The JF Engulfing Candle Indicator is an accurate tool for spotting engulfing patterns on charts. Very often, when an engulfing candle appears, it is a sign of a trend reversal, which you can take advantage of. The gauge displays buy/sell arrows when a signal happens. The JF Engulfing…
Bollinger Bands Cross Alert Indicator MT5
Introduction to the Bollinger Bands Cross Alert Indicator The Bollinger Bands Cross Alert Indicator offers an alert when the price is out of the Bollinger Bands range, indicating a possible price direction change. The indicator was originally created by Issam Kassas (DFXG – Dubai Forex Group). The Bollinger Bands Cross Alert Indicator fits all kinds…
Donchian Channel Indicator MT5
Introduction to the Donchian Channel Indicator The Donchian Channel Indicator is a volatility indicator that uses the calculation of the current price range with the help of the recent highest and lowest price levels of an asset. To perform the calculation for the Channel, the gauge needs to find the highest maximum and the lowest…
MACD Histogram Multi-Color Indicator MT5
Introduction to the MACD Histogram Multi-Color Indicator The MACD Histogram Multi-Color Indicator shows the difference between the MACD and Signal Lines. For the calculation of the MACD line, you can choose from the usual price types. For the calculation of the Signal Line, you can choose between SMA or EMA. The histogram can be switched…
Xmaster Formula Indicator MT5
Introduction to the Xmaster Formula Indicator The Xmaster Formula Indicator has gained a lot of popularity. The original indicator was, however, released only for the MT4 platform and the market was missing a version for MT5. Luckily, the wait is over – hereby, we present the Xmaster Formula indicator for MT5. The Xmaster Formula Indicator…
Relative Volatility Index Indicator MT5
Introduction to the Relative Volatility Index Indicator The Relative Volatility Index Indicator consists of two color-filled floating areas which suggest whether the current volatility is bullish or bearish. The indicator is originally coded to support multi-time frame analysis and provides alerts. The Relative Volatility Index Indicator fits all kinds of timeframes and currency pairs. It…
Half Trend Buy Sell Indicator MT5
Introduction to the Half Trend Buy Sell Indicator The Half Trend Buy Sell Indicator is a trend-following and non-repainting forex trading gauge. Its signals are calculated and provided in a totally automatic way and are based on moving averages intersections. It’s a newbie-friendly tool as these signals are presented in the form of simple buy/sell…
MACD Histogram Indicator MT5
Introduction to the MACD Histogram Indicator The MACD Histogram Indicator is a variation of a popular MACD indicator, but as the name suggests, it has added histograms to display the difference between the MACD and the signal lines. For the calculation of the MACD line, one can choose from the usual price types. For the…
