Category: Trend Indicators
Linear Regression Sketcher Indicator MT5
The Linear Regression Sketcher Indicator for MT5 is an enhanced version of this tool with main difference being the inclusion of additional lines. They are provided on charts in order to reflect direction at a specific time and price. In the results, forex traders can use both the regression final output and its rate of […]
Perfect Trend Line 2 Indicator
The Perfect Trend Line 2 Indicator is a variation of a popular “Perfect Trend Line Indicator”. This version is adding a sort of signals filtering which helps in cleaning up some false signals that take place in the original version. There are two types of signals provided by the Perfect Trend Line indicator. First is […]
Bollinger Bands Stops HMA Based Indicator
The Bollinger Bands Stops HMA Based Indicator displays trend-defining bands placed either below the price or above the price. As the name suggests, that indicator uses Hull Moving Average (HMA) and Bollinger Bands Stops to calculate the signals. When the blue band below the price is placed, it means that the trend-momentum is considered bullish. […]
MACD Flat Trend Indicator MT5
The MACD Flat Trend Indicator for MT5 helps to recognize whenever the market is in an uptrend, downtrend, or being flat (sideways). After this gauge is loaded up, you will see green, red and gray bricks. While the first two colors are pretty obvious, the gray bricks reflect market indecision – in other words, there […]
Forex Off Trend Indicator
The Forex Off Trend Indicator is a trend-following tool and its signals are presented in a form of the cloud. When the cloud is green, the trend momentum is considered to be bullish and traders should take buy opportunities. Conversely, when the cloud is pink, the trend momentum is considered to be bearish and traders […]
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 […]
Gann High Low Activator SSL Alert Indicator
The Gann High Low Activator SSL Alert indicator is based on the original Gann Hi-Lo Activator SSL, but this one was rewritten in MQL5. Another change is that the original indicator was single color, that is why for the more visual definition of the trend direction it was necessary to make it color. The signal […]
Super Trend Hull Indicator MT5
The Super Trend Hull Indicator for MT5 is a combination of two popular forex indicators. Just like the standard super trend, it still displays signals as a single-sided colored band on the chart. The enhancement lies in its use of the hull formula, which refines the signal calculation for smoother and more responsive trend detection. […]
KAMA Indicator
The name of the KAMA Indicator for MT5 stands for the Kaufman Adaptive Moving Average. The author of that indicator Perry J. Kaufman, first introduced that concept in his book titled Smarter Trading: Improving Performance in Changing Markets in the year 1995. This is a variation of the adaptive moving average, which is built on […]
