Category: Oscillator Indicators
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 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 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 […]
MT5 Kairi Relative Index Indicator
The Kairi Relative Index Indicator for MT5 analyzes price movements and helps traders spot exhaustion and pullback opportunities. Behind the scenes, it calculates how far price has stretched away from moving average and displays dedicated oscillator line. Example chart: How to use the Kairi Relative Index Indicator for MT5? The Kairi Indicator measures how far […]
Entropy Math Indicator MT5
The Entropy Math Indicator for MT5 is one of a kind oscillator designed to recognize hidden patterns in seemingly chaotic market movements. This tool measures randomness (entropy) in price action in order to to detect and provide high-probability trading signals. Example chart: Entropy is able to identify hidden market patterns Let’s face the truth – […]
Buy Sell Pressure Indicator MT5
The Buy Sell Pressure Indicator for MT5 is designed to measure momentum by analyzing the balance between buying and selling pressure in the market. While it may appear simple at first glance, this indicator delivers meaningful insights that go beyond standard oscillators. Example chart: How to use the buy sell pressure indicator for mt5? After […]
Double Stochastic With RSI Indicator
The Double Stochastic With RSI Indicator for MT5 is an interesting combination of these two popular oscillators that are by many considered the best reversal gauges. Its main principle is comparing previous and current values of the readings. The final calculations are pleasantly displayed on the charts with clear overbought and oversold areas. The idea […]
Stochastic Cross Alert Indicator MT5
The Stochastic Cross Alert Indicator for MT5 turns crossovers from the standard Stochastic oscillator into simple buy and sell arrows, displayed directly on the price chart. This makes it easy to use regardless of experience level. Example chart: How to use the Stochastic Cross Alert Indicator for MT5? As you can see on the USD/CAD […]
Keltner Channel Oscillator Indicator MT5
The Keltner Channel Oscillator Indicator for MT5 takes the standard Keltner Channel concept and turns it into an oscillator. This makes breakouts easier to spot at a glance, instead of reading the channel directly on price. Example chart: How to use the Keltner Channel Oscillator Indicator for MT5? As you can see on the AUD/USD […]
Blau Directional Trend Index Indicator
The Blau Directional Trend Index Indicator is based on the technique first introduced by William Blau in his book “Momentum, Direction and Divergence” (1995). The author focuses on three key aspects of trading: momentum, direction and divergence. The Directional Trend Index is an indicator that works in a similar manner to the DM+, which is […]
