Category: Channel Indicators
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 […]
Extreme TMA Line Indicator MT5
The Extreme TMA Line Indicator for MT5 is responsible for displaying a price channel. It helps traders to understand trend direction and defines dynamic support and resistance levels. This is how it looks after activation in MetaTrader 5 platform. Example chart: How to use the Extreme TMA Line Indicator for MT5? As you can see, […]
ATR Channels Indicator MT5
The ATR Channels Indicator for MT5 is responsible for plotting multiple price extensions based on the Average True Range values and these bands create adaptive channel formations. These channels serve various purposes, including providing ideas for entry and exit points (take profit and stop losses as well), defining dynamic support and resistance levels, highlighting areas […]
Polynomial Regression Channel Indicator
The Polynomial Regression Channel Indicator for MT5 displays a dynamic channel with auto adjustments to the price volatility. The middle line is very important as it color code tells traders about upward or downward market direction. Namely green and blue corresponds to bullish and bearish movement respectively. Example chart: As you can see on the […]
TMA Centered Bands Indicator MT5
The TMA Centered Bands Indicator for MT5 creates a dynamic channel formation with one central line and two dotted bands. This guage uses color-code for clarity: the top is pink, the bottom is blue, and the middle one shifts between pink and light blue to reflect trend changes. Example chart: How to use the TMA […]
Linear Regression Channel Indicator MT5
The Linear Regression Channel Indicator for MT5 plots five sloped lines that together form a channel, calculated from the maximum price deviation over a set period. The outer lines mark the channel’s boundaries and act as support and resistance, while the slope of the channel shows the overall trend direction. By default, the indicator looks […]
Chandelier Exit Cloud Indicator MT5
The Chandelier Exit Cloud Indicator for MT5 performs analysis of price movements and in the result provides specific trend display. Essentially, this guage shows signals in the form of a colorful cloud. To be precise, there are green and pink formations that correspond to bullish and bearish market bias. This can be utilized in several […]
SSL Channel Chart Indicator MT5
The SSL Channel Chart Indicator for MT5 is a trend-following tool that helps you identify the direction of short-term momentum. It plots two lines based on a modified set of moving averages, with the space between them shaded to show trend direction. Example chart: How to use the SSL Channel Chart Indicator for MT5? The […]
Bollinger Bands Color Indicator MT5
The Bollinger Bands Color Indicator for MT5 tracks market volatility using bands built around a moving average. Then it shades the space blue, red, gray to flag bullish, bearish and neutral conditions at a glance. Example chart: How to use the Bollinger Bands Color Indicator for MT5? Like other Bollinger-style indicators, this one plots a […]
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). Example charts Check charts of the Bollinger Bands Cross Alert Indicator in action. Settings These are available […]
