Category: Forex MT5 Indicators

MACD 2 Line Indicator MT5

The MACD 2 Line Indicator for MT5 is an enhanced version of this classic momentum indicator and it has two lines that form a cloud. This change makes it easier to visualize crossovers that reflect potential short-term trend reversals. Example chart: How to use the macd 2 line indicator for mt5? The macd 2 line […]

3X Parabolic Regression Indicator

The 3X Parabolic Regression Indicator draws two linear trend channels calculated on the standard deviation (with different periods) and a single curvilinear trend channel calculated on a parabolic regression. How to apply 3X Parabolic Regression in trading? As we mentioned at the beginning of this article, the 3X Parabolic Regression Indicator consists of three channels. […]

Supertrend Indicator MT5

The Supertrend Indicator for MT5 is a high-demand forex trading tool designed to identify market trends with precision. It answers key trading questions such as the current trend direction and when a trend begins or ends. It’s a reliable indicator that suits both beginners and advanced traders. Example chart: How to use the Supertrend Indicator […]

Adaptive Renko CLD Indicator

The Adaptive Renko CLD Indicator is a forex trend-following indicator using the Renko indicator included in its formula. It consists of two elements: an upward/downward band and a cloud. It does a really good job at recognizing trend-momentum, and obviously, it works best during strong market swings. How to use the Adaptive Renko CLD in […]

VWAP Bands Indicator MT5

The VWAP Bands Indicator for MT5 plots displays around the Volume-Weighted Average Price (VWAP), giving you a volume-based view of price deviation. This is a similar concept to Bollinger Bands but built on volume rather than a moving average. You can choose between tick volume or real volume for the calculation (real volume only works […]

MACD Parabolic SAR Indicator

The MACD Parabolic SAR Indicator is, as the name suggests, a combination of Moving Average Convergence Divergence and Parabolic SAR. Both forex indicators are well-known and appreciated by traders around the world. Making a single forex indicator out of these two results in a highly-effective trading tool. How to apply the MACD Parabolic SAR in […]

MBFX Timing Indicator MT5

The MBFX Timing Indicator for MT5 is a forex oscillator providing the best time to enter and exit the market. The indicator was originally developed by Mustapha BELKHAYATE. The MBFX Timing is best used to identify price extremes and then time the potential turning points. The way it works is similar to the Relative Strength […]

Chartmill Value Indicator

The Chartmill Value indicator is a custom forex technical analysis tool, that was developed by Dirk Vandycke and first introduced in the Technical Analysis of Stocks & Commodities magazine in January, 2013. It portrays a standard deviation from the moving average indicator and has the potential of being added to any price series over any […]

SRange Contraction Indicator

The SRange Contraction indicator calculates the ratio between today’s and the previous day’s ranges and displays these values. When the previous day’s range is tighter than the day before, this could suggest a potential explosive momentum today according to Toby Crabel. An alert pointer (red dot) gets marked along with the narrow range points (under […]

Intraday Momentum Index Indicator

The Intraday Momentum Index indicator is an oscillator the measures the ratio between the directed change in price and the total change in the prices over a given period of time. There are some settings to define: Period – defines the period deployed in the calculation: Overbought – defines the overbought level; Oversold – defines […]