Category: Forex MT5 Indicators
Brilliant Reversal Indicator 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
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
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
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
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 […]
Hull Trend Indicator MT5
The Hull Trend Indicator for MT5 provides insights regarding market trends in a three different ways. Users can pick among line display, candles overlay and bar overlay. Its formula is based on two hull moving averages and its performance is solid. Example chart: How to use the hull trend indicator for mt5? No matter 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 […]
Bheurekso Pattern Indicator
The Bheurekso Pattern Indicator for MT5 performs charts analysis and seeks certain candlestick formations. It recognizes patterns like bullish/bearish harami, bull/bear cross, dark cloud, bullish piercing. Once any of them is found an upward or downward arrow is placed. What’s more, a high or low of the triggering bar serves as a reference point for […]
Ultimate Arrows Indicator MT5
The Ultimate Arrows Indicator for MT5 marks potential buy and sell opportunities directly on the chart with colored arrows. Green color represents bullish opportunities and pink suggests bearish opportunities. Its performance varies depending on market conditions. Thanks to the simplicity of generated signals, it’s a good fit for beginners traders. What’s more, one can customize […]
Buy Sell Indicator MT5
The Buy Sell Indicator for MT5 displays small trailing dots and square signal markers in order to guide traders on trend direction and potential entry points. It looks like the Parabolic SAR indicator. This is a good choice for forex traders (especially scalpers) looking to eliminate chart clutter and focus on clear identification of market […]
