The Triangular Moving Average (TMA) Centered Bands Indicator for MetaTrader 5 (MT5) is a versatile technical analysis tool that provides a unique perspective on market trends. This indicator presents the TMA line and creates two ‘bands’ around it, essentially forming a price channel that can be used to identify potential trading opportunities. The TMA Centered … Read more
The Candlestick Pattern Detector Indicator for MetaTrader 5 (MT5) is a technical analysis tool designed to automatically identify and highlight various candlestick patterns on the price chart. Candlestick patterns are graphical representations of price movements in a specified period and are widely used in trading as they can provide insightful signals about potential market reversals … Read more
The Heiken Ashi Indicator for MetaTrader 5 (MT5) is a technical analysis tool that provides a smoothed view of price action, helping traders to better identify market trends. Derived from Japanese candlestick charts, “Heiken Ashi” means “average bar” in Japanese, reflecting the indicator’s focus on averages to present a more digestible view of the market. … Read more
The Pattern Recognition Indicator for MetaTrader 5 (MT5) is a technical analysis tool used to identify and highlight common chart patterns. These patterns, which consist of geometric shapes formed by price movements, often signal potential trend reversals or continuations. The indicator serves as a helpful aid for traders, automatically detecting common chart patterns such as … Read more
The Market Sessions Indicator for MetaTrader 5 (MT5) is a useful tool that provides traders with a visual representation of specific trading sessions within the 24-hour forex market. By demarcating the start and end of each major trading session, including Tokyo, London, and New York, this indicator aids in identifying periods of high liquidity, market … Read more
The Moving Average Convergence Divergence (MACD) Divergence Indicator for MetaTrader 5 (MT5) is a specialized version of the standard MACD, a popular tool in technical analysis. This refined indicator aims to identify and highlight instances of ‘divergence’ between the MACD and the price of a security, which often signals potential trend reversals. In financial analysis, … Read more
The Market Profile Indicator for MetaTrader 5 (MT5) is a comprehensive tool that provides a visual representation of price and volume over a specified time period. Created by J. Peter Steidlmayer in the 1980s, the market profile concept offers a unique way of viewing and understanding market dynamics. The Market Profile Indicator allows traders to … Read more
The Better Volume 1.5 Indicator for MetaTrader 5 (MT5) is a powerful trading tool used to detect fluctuations in trading volume. This advanced version of the standard volume indicator offers more features and improved accuracy, making it a favorite choice among traders. Trading volume is a vital component of market analysis, as it indicates the … Read more
The 3 Level ZZ Semafor Indicator for MetaTrader 5 (MT5) is a technical analysis tool that assists traders in identifying significant price fluctuations and interpreting market trends. “Semafor” is short for “Semaphore”, a term used for signaling, thus the indicator essentially signals crucial points in market trends. This indicator plots three levels of zigzag patterns, … Read more
The Moving Average Convergence Divergence (MACD) True Alerts Indicator for MetaTrader 5 (MT5) is an enhanced version of the standard MACD indicator. This valuable technical analysis tool provides traders with more accurate and timely alerts for potential market entry and exit points. The MACD True Alerts Indicator follows the same foundational principle as the classic … Read more