MT Terminal Indicators - Overview by Indicatorspot

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RSI MA Indicator

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The RSI MA Indicator is a technical indicator, the essence of which is to display RSI data smoothed by a moving average.
Thus, the RSI MA Indicator combines the advantages of two main technical indicators and gives significantly less false signals and allows you to stay in the trend longer and get more profit.
Naturally, the RSI MA for MT5 is a multi-timeframe indicator that works from a minute to a monthly timeframe. Because of its simplicity, this indicator is great for scalpers, day traders and long-term traders.

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Point Zero Bollinger Trend Indicator


The Point Zero Bollinger trend indicator is a simple MT5 indicator for determining the direction of a trend.
The indicator follows the principles of traditional Bollinger Bands. It uses standard deviation and moving averages to plot the trend.
Instead of creating three bands on the chart, the PZ Bollinger trend indicator only displays wave patterns. These wave patterns suggest uptrends and downtrends.
The indicator works best on all timeframes, but traders should use it on higher timeframes to reduce false signals.

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Time Box Indicator

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The Time Box MT5 indicator is an automatic price level scanner; designed to help scalpers and intraday traders find reliable support/resistance levels.
This indicator helps technical traders get useful price information about the daily, weekly and monthly high, low, open and median. It also draws rectangles and outlines key areas with horizontal lines.
Anticipating potential price levels, you can use the Time Box line as support and resistance. These levels work equally well in both short-term and long-term trading. Based on a price action strategy, buy-sell signals located near solid market action areas have a higher probability of success.

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Chandelier Exit Indicator

The Chandelier Exit indicator helps forex traders to stay in the trend for as long as possible and avoid premature exits. The indicator uses a volatility based calculation using ATR – Average True Range and provides a reliable trailing stop loss. The indicator also provides the best entry points at the intersection of the indicator and the price. Using the ATR – Average True Range Multiplier, traders can further customize the indicator according to different trading instruments. As a result, this Metatrader indicator provides all the necessary data for successful trend trading.

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Ultimate Double Top Bottom Indicator


This indicator for MetaTrader is a trend reversal tool that identifies the actual end double tops and bottoms of an asset. Double tops are a potential bearish reversal signal, while double bottoms indicate a possible bullish move.
Double tops/bottoms may not always show up as expected due to various market factors. To this end, you may have to wait until the price breaks the neckline before entering a BUY/SELL position.

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Currency Strength Meter Indicator


Currency Strength Meter Indicator for MT5 shows the strength of individual currencies by tracking their performance against all other currencies. As a result, the indicator displays the strength of each individual currency in the form of colored bars, as well as a numerical value in percentage.
In this way, forex traders can easily identify BULL and BEAR currencies and form the best currency pair to trade. By combining the strongest currency with the weakest and constantly monitoring its strength, technical traders can manage the trend using a trend-following trading strategy.

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GAP Finder Indicator



The GAP finder indicator for MT5 scans price charts and alerts you to a BULLISH or BEARish gap. In addition, the indicator displays closed gaps in history.
Forex technical traders can take advantage of these gaps and trade them using open and closed gap technical strategies.
The indicator works well on all intraday price charts as well as daily, weekly and monthly charts.

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Averages Rainbow Indicator


The Averages Rainbow indicator for MT5 is a set of moving averages. This helps the forex trader to identify bullish and bearish price trends as well as trend reversals. Thus, forex traders can use the trading signals of this indicator to BUY and SELL.
Moreover, trending trades can follow the trend and exit with opposite signals. Moving averages in a rainbow effectively act as support and resistance.

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Chande Kroll Stop Indicator


The Chande Kroll Stop Indicator is a unique Forex trading tool that will help you calculate the perfect protective stop loss for a trade. It uses the average value of the true range and the change in directional movement.
The volatility based indicator is named after its inventors Tushar Chande and Stanley Kroll. The most interesting feature of the indicator is that it is not affected by volatility. Therefore, trade reversal and volatility do not affect your stop loss.

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Trend Channel Indicator

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The Trend Channel Indicator is an easy to use indicator. In fact, the indicator draws two trend lines, based on the latest highs and lows of the currency pair. But because of this, it is a repainting indicator and you should take this into account in your trading strategy.
The price in the forex market is constantly changing its direction, especially during the publication of news or active trading sessions. Therefore, it is sometimes difficult to draw one trend line, but the Trendline Channel indicator draws two lines at once using price extremes for the last period.

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Stochastic Cross Alert Indicator



The Stochastic Cross Alert indicator is a very simple tool that allows you to trade the Forex market using the signals provided by the classic stochastic oscillator.
When you add the Stochastic Cross Alert indicator to your chart in the Metatrader 5 platform, you will see arrows on the price chart.
Arrows correspond to bullish and bearish signals given by stochastic crossovers.

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Super Smoother Levels Indicator


The Super Smoother Levels Indicator for Metatrader is a special tool designed to filter out random market noise. It outperforms traditional moving averages (EMAs) in filtering the uneven movement of an asset’s price data.
The indicator includes trend tracking features and a smoothing effect, making it virtually lag-free compared to the EMA. This means that the Super Smoother Levels indicator will be a great choice, especially for trend following traders.

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Hurst Bands Indicator


The Hurst Bands indicator identifies dynamic support-resistance levels and helps traders evaluate the best trading opportunities on pullbacks on MTF charts.
From a technical standpoint, Hurst Bands is a versatile MT5 indicator that can be used to track market highs and lows to determine current price trends. At the same time, it highlights potential retracement levels so that traders can pinpoint buy/sell zones. However, this is not an automatic trading signal generator. Traders analyze the price behavior around the channel levels and evaluate buy/sell opportunities based on the formation of price candles.

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Murrey Math Lines Indicator


The Murrey Math indicator is a simple MT5 indicator that shows different levels of support and resistance. The Murrey Math indicator uses the principles of the strategy of William Gann, who created one of the best technical analysis tools; Gann corners. The angles use a special equation to build support and resistance levels.
The indicators display 13 levels on the chart, including six support and six resistance levels, as well as one neutral level. The most important levels are the first, fourth and eighth.

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Supply and Demand Indicator


Supply and demand Indicator for MT5 are one of the most basic things a beginner forex trader learns. These zones are so important that the price reacts to them even after many years since they appeared. And with this indicator, a forex trader might not have to worry about drawing all these historical zones one by one.
The indicator accurately draws the supply and demand zones of a currency pair on the chart. You will find these zones in two colors on your MT5. One is white, which means areas that have been recently retouched.

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ZigZag NK Arrows Indicator

If your Forex trading strategy is based on price action and market flow concepts, identifying key swing levels is a skill you should have. Swing lows and highs are important points that help determine price direction and a pivot point, and this is where the ZigZag NK Arrows indicator comes to the rescue.

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OGT Trend DashBoard Indicator


The OGT Trend DashBoard Indicator for MT5 provides BULL or BEAR trend information and gives GREEN and RED signals. The trend information is based on the three different Moving Average – fast, medium and fast.
So forex traders can use them in any technical trading strategy to BUY and SELL based on trending signals.
The indicator shows information for many currencies and all timeframes at once. But you can only select the currency pairs and timeframes you want to track. Also on the right side of the board there is a button to quickly open a new chart.

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Super Signals Indicator


The Super Signals Indicator for MetaTrader is a powerful Forex trading tool designed to track market trends. The MT5 signal indicator is effective for detecting trend reversals when they occur.
The Super Signals indicator is a fully automated technical tool integrated with various parameters that follow the market trend. It automatically analyzes the constantly changing price dynamics of the market, compares the data with the previous history and draws a trading signal.

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Leader EMA Indicator


The Leader EMA indicator for MetaTrader is a custom exponential moving average that keeps up with the price. It also comes with trend detector features to reflect trend offset changes. It changes to GREEN when the market is bullish and turns PINK when the market is bearish.
Thus, the indicator can be useful as a trend filter to filter out market noise and also determine the market’s tendency to trend.

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NDuet Indicator


One of the fundamentals of Forex is trading with the trend. Yes, the trend is your friend, but determining the trend of the market is not a difficult task. What if you get a technical analysis tool that will identify the trend and help you use it to optimize profits? The Free Download NDuet Indicator for MT5 is a dedicated trend indicator that shows the direction of the market price, gives buy and sell signals and at the same time protects your profits.

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