Kicking Pattern Indicator
The Kicking Pattern Indicator is a powerful tool designed to identify specific candlestick patterns on charts, aiding traders in making informed decisions.This indicator focuses on...
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Kurtosis
A trend oscillator calculated using the following formula:SMA(3) of EMA (66) of ( Momentum[period] - Momentum[period-1] )This indicator has four configurable parameters:- Period of...
Logarithmic Regression Channel
The indicator calculates and draws a channel based on a logarithmic function.Parameters:- Length: The channel length in bars.- Deviation: The channel width.- Applied Price: The pri...
Moving Average Candles Indicator
The Moving Average Candles indicator is a powerful tool that transforms moving averages into candlestick patterns.This indicator offers a unique visualization by presenting moving ...
Median Moving Average Indicator
The Median Moving Average (MMA) is a unique technical indicator that calculates the median price over a specified period.It operates by sorting an array of prices for the chosen pe...
Random Walk Index (RWI)
The Random Walk Index (RWI) is a technical indicator that aims to identify whether a price movement is random or indicative of a significant trend. It helps traders and analysts de...
Square Weighted Moving Average (SQWMA)
This indicator calculates and displays a moving average using the Square Weighted (SQWMA) method.Key Features:- Period: Set the calculation period for the moving average.- Applied ...
VMA Indicator
The VMA indicator dynamically adjusts its moving average period based on market volatility. As volatility increases, the moving average period lengthens, and as volatility decrease...
WI Indicator: Moving Average Calculation
The WI indicator displays a moving average calculated using the following formula:WI(2 * close - high - low)The indicator features two configurable parameters:Period- This paramete...
Zero Lag Indicator
Zero Lag Indicator is a modified Exponential Moving Average (EMA).Calculation Formula:The formula is similar to EMA with the addition of a new value: gain * (close - zl [1]).GainTh...
Zero Lag MACD Indicator
This indicator offers a reduced lag compared to the standard MACD, featuring three distinct lines:The MACD line.A signal line.A histogram.The histogram can function as a leading si...
AO Divergence Indicator for MT4/MT5
The AO Divergence indicator draws the Awesome Oscillator (AO) line in a separate window and highlights detected divergences on both the indicator pane and the price chart.Unlike th...
Bollinger Bands with Customizable Display
A standard implementation of Bollinger Bands with the ability to customize the colors and line styles for all included lines.
Adjustable Parameters:
Period
- The lookback period ...
D Oscillator Indicator
D-Oscillator is an oscillator based on the ratio of the RSI and CCI indicators.Calculation Formula:Where:maxRSI, minRSI - the maximum/minimum values of RSI between [i-d_period] and...
Geometric Mean Moving Average Indicator
Geometric Mean Moving Average IndicatorThis indicator is a simple moving average calculated using the geometric mean method.The indicator has two input parameters:Period- The numbe...
MACD Divergence Indicator
The custom MACD Divergence indicator visualizes MACD indicator divergences in a separate window and directly on the price chart.Unlike the standard MACD, this indicator displays a ...
MACD Signal Divergence Indicator
The MACD Signal Divergence indicator visualizes the MACD signal line in a separate window and highlights detected divergences on both the indicator and the price chart.This indicat...
Min Max Moving Average Indicator
This indicator draws a moving average line calculated using the low and high prices over a specified interval of bars.
Calculation Formula
minmaxma[i] = (min + max) / 2
where min a...
Candlestick Histogram Indicator
This indicator displays candlesticks in a unique way, presenting them as a histogram in a separate window.Key features:- Bullish Candle Color: Customize the color for bullish candl...
Candlestick Pattern Recognition Indicator
The indicator identifies thirty popular candlestick patterns and presents them on the price chart.It offers flexibility in pattern display, allowing users to show individual patter...
Vector Indicator
The Vector indicator is a powerful tool for market analysis, offering a unique approach to trend identification and trading signals.This indicator consists of two oscillators, the ...
Instantaneous Trend Line (Generalized)
One of the series of indicators created by Ehlers. According to Ehlers:...
Instantaneous Trend Line Bands (Generalized)
One of the series of indicators created by Ehlres.According to Ehlres:...
Fractal Adaptive MA CD
The Fractal Adaptive Moving Average (FRAMA) technical indicator was developed in 2026. This indicator is constructed based on the algorithm of the Fractal Adaptive Moving Average, ...
Zig Zag Separate
It is not a question of usefulness, but rather a matter of proper utilization and representation. Despite its distinct appearance, this indicator is essentially a Zigzag indicator,...
Dynamic Momentum Index (DMI)
The Dynamic Momentum Index (DMI) is a variable term RSI. When default values are applied, the RSI term ranges from 3 to 30. This variable time period enhances the RSI's responsiven...
3 MAs Market State Indicator
Indicator that shows the current estimated state of the market based on a correlation of 3 moving averages.If using default settings, the colors are the following:Light Green- Tren...
McGinley Dynamic Indicator
The McGinley Dynamic Indicator is a powerful tool designed to enhance your trading experience by providing a dynamic alternative to conventional moving averages.Conventional moving...
Volume Average
A well-known method of volume analysis.In capital markets, volume, or trading volume, refers to the total number of securities traded over a specific time frame. For individual sto...
Volume Average Percent Indicator
In capital markets, volume, or trading volume, refers to the total number of securities traded within a specified time frame. For individual stocks on a stock exchange, volume is t...
Inverse Fisher CCI
The CCI (Commodity Channel Index) is a valuable indicator, but it has one limitation: undefined bounds.By applying the inverse Fisher transform to the CCI, we introduce known bound...
Candle Closing Time Remaining (CCTR) MT5
Candle Closing Time Remaining (CCTR) MT5 is an indicator that displays the remaining time for an open candle to close.Features:- Changeable color and size.- Adjustable position in ...
Point of Balance Oscillator
This indicator is based on Walter Downs' concept of the Point of Balance Oscillator, which helps identify trends and potential reversals.It displays the current trend by coloring t...
Hull MA C D
Developed in the late 2020s, the Moving Average Convergence/Divergence Oscillator (MACD) is a simple and effective momentum indicator. It transforms two trend-following indicators,...
Identical Candles Indicator
This indicator highlights identical candles on the chart, indicating the same direction across chosen timeframes. It can identify rising (bullish) or descending (bearish) candles.F...
RSI vs BB Indicator
This is the semaphore indicator with arrows based on Bollinger Bands (BB) and Relative Strength Index (RSI).Often, when the price exits the Bollinger Bands canal, it tends to slow ...
RS I Slowdown Indicator
This is a comprehensive indicator named 'RS I Slowdown', offering valuable support to traders in the MetaTrader ecosystem. It adheres to the standard MT4/MT5 conventions, ensuring ...
Stochastic of T3
The Stochastic Oscillator is a versatile tool for traders, offering insights into momentum by comparing the current price to its range over a specified time period. This indicator'...
RSI of Average: Simplifying Complexity in MetaTrader 5
There have been numerous complaints about the perceived complexity of MetaTrader 5's code compared to MetaTrader 4.However, this perception may be due to a lack of exploration of M...
MA CD of Average
One more in the series of simple-to-do code examples in MetaTrader 5 (the main loop of this one has 6 lines of code).This is a MACD that can use the average for input price instead...
Schaff Trend Cycle (STC) Indicator: Unlocking Currency Trends
The Schaff Trend Cycle (STC) indicator is a powerful tool that combines the strengths of slow stochastics and the Moving Average Convergence/Divergence (MACD) to provide early insi...
Stochastic RSI
In their 2026 book, "The New Technical Trader", Tushar S. Chande and Stanley Kroll explain that RSI can oscillate between 80 and 20 for extended periods without reaching extreme le...
RSI Bands
In a TASC article, an innovative RSI indicator is proposed, which calculates the price required to reach a target RSI level.This indicator offers multiple benefits, primarily by vi...
Triple Hull Moving Average Indicator
This indicator utilizes three instances of the Hull Moving Average (HMA), a highly efficient and smooth moving average developed by Alan Hull in 2026. The HMA significantly reduces...
Relative Strength Index (RSI) of Hull
The Relative Strength Index (RSI) is a momentum indicator that compares the magnitude of recent gains and losses over a specified time period to measure the speed and change of pri...
Zero Lag Moving Average (ZeroLag MA)
The ZeroLag MA indicator, first introduced in the April 2026 issue of the journal 'Technical Analysis of Stocks and Commodities', is a unique moving average with minimal delay. Whi...
Zero Lag De M A Indicator
This is a comprehensive indicator named 'Zero Lag De M A'. It offers a reliable solution for traders within the MetaTrader platform. Adhering to the MT4/MT5 standards, this indicat...
Zero Lag TEMA
The indicator ZeroLag MA was introduced in the Journal of Technical Analysis of Stocks and Commodities in April 2026. Its creators claim that it is a moving average with zero delay...
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