SHI Channel MTF
Shi Channel Indicator MT5 is a popular and useful forex indicator available for free. It works by creating a channel based on the highest high and lowest low of a specified period. Traders can use it to identify potential support and resistance levels, as well as trend direction. The indicator can be easily added to MT5 charts to assist with technical analysis.
PVO Indicator
Percentage Volume Oscillator Indicator for MT5 is a popular and useful forex indicator that is available for free. It works by calculating the difference between two volume moving averages and expressing it as a percentage. Traders can use this indicator to identify changes in volume momentum, which can help confirm price trends. To use, simply add the indicator to your MT5 chart and interpret the signals it generates.
Averages Rainbow indicator
Averages Rainbow Indicator for MT5 is a useful tool for forex traders. This popular and free indicator displays multiple moving averages on the chart, making it easy to identify trends and reversal points. Simply add the indicator to your chart and customize the settings to suit your trading strategy. Make informed decisions with the Averages Rainbow Indicator for MT5.
Zigzag Fibonacci Fan
ZigZag Fibonacci Fan Indicator for MT5 is a popular and useful tool for forex traders. It is free to use and helps identify key support and resistance levels. By combining the zigzag and Fibonacci concepts, this indicator provides valuable insights into market trends and potential reversal points. Traders can utilize this indicator to make informed decisions and enhance their trading strategies.
Alligator indicator
The Alligator Indicator for MT5 is a popular and useful forex indicator that is available for free. It helps traders to identify trends and potential entry points in the market. The indicator works by using three smoothed moving averages to determine the direction of the trend. Traders can use it to make informed decisions and increase their chances of success in the forex market.
Corrected Relative Strength Index
Corrected RSX Indicator MT5 is a popular and useful forex indicator available for free. It uses the Relative Strength Index (RSI) to provide more accurate signals for traders. This indicator works by correcting the calculation of the RSX to improve its effectiveness in identifying overbought and oversold conditions in the market. Traders can use it to make informed trading decisions.
Generalized Double Double Exponential Moving Average
Generalized Double DEMA Indicator for MT5 is a useful forex indicator that is popular among traders. It is free to use and provides valuable insights into market trends. The indicator works by combining two Double Exponential Moving Averages to generate buy and sell signals. Traders can use this indicator to make informed trading decisions and optimize their trading strategies.
Zigzag Channel
Zigzag Channel Indicator for MT5 is a useful forex indicator that is popular among traders. This free indicator helps to identify trend direction and potential support and resistance levels by plotting lines based on price highs and lows. Traders can use this indicator to make informed decisions on when to enter or exit trades.
Corrected JMA
Corrected JMA Indicator for MT5 is a popular and useful tool for forex traders. It is free to use and provides accurate trend analysis. This indicator works by applying a corrected Jurik Moving Average algorithm to smooth out price fluctuations and identify trends. Traders can use it to make better trading decisions based on the direction of the trend.
Gap Finder Indicator
Gap Finder Indicator for MT5 is a popular and useful forex tool that helps traders identify and capitalize on gaps in the market. This free indicator scans through charts to pinpoint gaps, providing valuable insight into potential price movements. Traders can use this information to make informed decisions and optimize their trading strategies.
WLX Fractals Indicator
WLX Fractals Indicator for MT5 is a popular and useful tool for forex traders. This free indicator helps identify potential reversal points on the price chart. It works by plotting arrows above or below the candles to indicate fractal points. Traders can use these signals to make informed trading decisions. To use the indicator, simply add it to your MT5 platform and configure the settings to suit your trading strategy.
Aroon indicator
Aroon Indicator for MT5 is a popular and useful forex indicator that is available for free. This indicator measures the strength of a trend and helps traders identify when a new trend is about to start. By using the Aroon Indicator, traders can make more informed decisions on when to enter or exit trades.