Category: Forex MT5 Indicators


QQE Mod Indicator MT5

qqe mod indicator for mt5

The QQE Mod Indicator for MT5 is a modified version of the regular Quantitative Qualitative Estimation tool. This iteration includes improved formula behind signals generation. The approach results in better reliability and accuracy and it’s easier for forex traders to identify high-probability trade setups. Example chart: How does the qqe mod mt5 indicator actually work? […]

Vertical Line Indicator MT5

vertical line indicator for mt5

The Vertical Line Indicator for MT5 is a simple tool responsible for drawing a vertical line based on specified time. In the settings tab, you need to define the full date, however only hours and minutes are taken into consideration. In other words, the line always move to the current day only. Example chart: What […]

MACD Crossover Alert Indicator

macd crossover alert indicator for mt5

The MACD Crossover Alert Indicator for MT5 is responsible for plotting buy sell arrows based on crossovers between the histogram bars and the signal line. When these crossovers occur, the indicator additionally alerts traders with sound notifications. For forex traders who rely on the macd for technical analysis, this indicator provides a highly useful solution, […]

Fiji Trend Indicator MT5

fiji trend indicator for mt5

The Fiji Trend Indicator for MT5 provides trend-following signals with accurate entry and exits suggestions displayed in the form of arrows. What’s more, it has a non-repainting feature and works well in filtering out noise in price fluctuactions. The signals are reliable. Example chart: Trading with the fiji trend indicator in mt5 platform Anatomy and […]

Buy Sell Volume Indicator MT5

buy sell volume indicator for mt5

The Buy Sell Volume Indicator for MT5 provides bullish and bearish volume readings, based on relation between price and its average. Its readings are based on channel formation containing histo bars with a baseline in the middle. The X-axis represents time accounting interval such as 1-hour, 4-hour, or daily period. The Y-axis displays the volume […]

Brilliant Reversal Indicator MT5

brilliant reversal indicator for mt5

The Brilliant Reversal Indicator for MT5 provides non-repainting signals that are placed on charts to highlight areas where the price is likely to reverse. Once activated, you will see a series of smaller and larger dots. Behind the scenes, it operates based on the zigzag indicator, which is why its readings may resemble typical zigzag […]

Doteki Heiken Ashi Indicator MT5

doteki heikin ashi indicator for mt5

The Doteki Heiken Ashi Indicator for MT5 is built on traditional heiken ashi candlesticks but uses a dynamic and customizable value for the averaging period, unlike the regular version which has a fixed value of 3.0. This feature allows for better adaptation to various market conditions (by tuning the sensitivity), as well as reliable multi […]

Polynomial Regression Channel Indicator

polynomial regression channel indicator for mt5

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 […]

Trend Direction and Force Index Indicator

trend direction and force index indicator for mt5

The Trend Direction and Force Index Indicator for MT5 displays positive and negative histogram bars reflecting market direction and strength of the movement. Blue bars correspond to bullish power and red bars reflect bearish power, where darker color means increasing force and lighter color tells about decreasing force. As you can see on the screenshots, […]

ADX Buy Sell Indicator MT5

adx buy sell indicator for mt5

The ADX Buy Sell Indicator for MT5 displays upwards and downwards arrows based on crossovers between -di and +di lines. Typically the average directional index is used to measure trend strength, but in this case the readings are used to provide potential trade entries and exits. Example chart: As you can see, the generated signals […]