Metatrader 5 Indicators

Heikin-Ashi Smoothed Candlestick MT5 Indicator

Heikin-Ashi uses more price data to construct its candlesticks. Heikin-Ashi Smoothed candlesticks are designed to filter out more noise (reducing false signals), in an effort to keep you trading with the overall trend. General assumptions Bullish signal: Blue Heikin-Ashi smoothed candlestick Bearish signal: Red Heikin-Ashi smoothed candlestick Download Link Download the iheikenashism.mq5 indicator. Example: EUR/USD […]

Advanced Spread Indicator For MT5

The advanced spread indicator for MT5 shows the current spread for your broker, distance from currency pair price to SL and TP level + freeze level. All values will be updated at every tick. Trading Rules No trading signals from this indicator. Download Link Download the spread_on_chart.mq5 indicator. Example: GBP/USD M5 Chart Characteristics Type: info […]

Trend Following AMA Forex Indicator For MT5

The AMA indicator for Metatrader 5 is a trend following indicator based on an adaptive moving average. The indicator paints green and red signal bullets. Green bullets suggest an uptrend, red bullets a downtrend. No bullets will be placed in a flat horizontal market. Works on all currency pairs and time frames. Trading Rules Buy […]

Donchian Channel Volatility Indicator For MT5

The Donchian Channel volatility indicator for MT5 draws a channel, the upper channel represents the 20 day high price and the lower channel the 20 day low price. A trader needs to determine the overall trend first then uses the Donchian channels to trade a breakout in the direction of the overall trend towards higher […]

Accurate Laguerre Trading Oscillator For MT5

Here’s an accurate trading oscillator for the MT5 trading platform, it’s called Laguerre. The indicator swings back and forth between 0.0 and 1.10 levels. Look for buy signals at 0.15 and sell signals at 0.75. Trading Rules Buy signal: in an up trend, buy a currency pair when the laguerre oscillator turns back above 0.15 […]

Colored Laquerre Oscillator Indicator For Metatrader 5

The colored laquerre indicator is one of the best trading oscillators ever developed for the Metatrader 5 platform. For best trading results, use this indicator in agreement with the overall trend. See the rules below. Trading Rules Buy signal: the indicator crosses back above 0.15 level from below. Sell signal: the indicator crosses back below […]