MT Terminal Indicators - Overview by Indicatorspot

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FRZ Auto Channel Indicator


The FRZ Auto Channel indicator for MT5 is the best Metatrader indicator which draws an equidistant channel automatically. Moreover, the indicator displays the slope of the channel to identify the BULLISH and BEARISH conditions.
The outer channel lines act as a support and resistance and provide the best entry points. The channel size comes in handy in any technical trading strategy. The indicator provides a very good risk-reward ratio as the stop loss is often small compared to the take profit.

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Kijun Sen Alerts Indicator


The Kijun Sen Alerts indicator is a simple MT5 indicator that reports the direction of a trend. The indicator is based on the Ichimoku Cloud and has the same functionality as the indicator. The indicator consists of one signal line, which changes its color depending on the current trend.
The Kijun Sen Alerts line is a trend detector. Whenever the price bounces above or below the line, it indicates a trend change. The benefit of the Kijun Sen Alerts indicator is that it pinpoints the price levels on each band.

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TMA CD Divergence Indicator


The TMA CD Divergence Indicator is a triangular moving average (TMA) oscillator that finds divergences on your MT5 price chart.
In this case, the TMA is the average MA that is built by subtracting the slow SMA from the fast SMA. But the main task of the indicator is to identify and determine the divergences between the price and TMA using simple and understandable signal arrows.
In addition, the indicator works great with all currency pairs and on any timeframes. And this means that it is perfect for both swing traders and intraday and long-term Forex traders.

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Williams Accumulation Distribution Indicator


One of the best Forex trading strategies is to look for divergences between price and certain indicators. So, now I wanna show you one great indicator for such trading – Williams Accumulation Distribution Indicator for MT5.
It finds the cumulative sum of positive “accumulative” and negative “distributive” price movements in the market.
This means that you can control the maximum divergence between the observed prices and its expected values in order to infer the input to the input.

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Buy Sell Volume Indicator



The Buy Sell Volume indicator helps to determine the strength and weakness of the price movement.
In the real market, we always intend to join a bullish or bearish trend, which better shows strength in the background. There are many methods to measure the strength of a trend. Volume is one of the key factors that traders consider when analyzing the bullish and bearish power behind a breakout and trend following move.

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Candle Time And Spread Indicator


The Candle Time And Spread Indicator For MT5 is a trading utility that helps forex traders in many ways. As a rule, this is very important for scalpers who are sensitive to spread changes. Moreover, news traders will be interested in placing spread-adjusted trades while also trading important economic news.
Also, forex technical traders who are looking for arbitrage trades and swaps may find this tool very useful in their day to day trading activities. In particular, this tool does not give trading signals to buy or sell forex. Another feature of this indicator is the candle timer, which shows the time left until the current candle closes.

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Commodity Channel Index (CCI) Indicator


The Commodity Channel Index Indicator for MT5, or CCI as it is more commonly known, is a momentum-based oscillator that helps determine when a currency pair is overbought or oversold. It compares the current price value with the historical average and shows the difference.
The indicator was developed by Donald Lambert and evaluates the direction and strength of a price trend, allowing traders to determine the possible direction of the market. This means the indicator can be used to provide trading signals when it reaches a certain level.

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Brilliant Reversal Indicator

The Brilliant Reversal Indicator for MetaTrader is a technical Forex trading tool that analyzes historical price data to identify a potential reversal zone for an asset. The indicator’s algorithms constantly link current market conditions to past price data to determine the optimal pivot point.

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3TF RSI Average Indicator



As the name suggests, the 3TF RSI Average indicator is a technical indicator that plots RSI lines for three timeframes and calculates and plots their average.
This can be very useful if you want to get all the benefits of trading on different timeframes. With a lower time frame you will see the market movements faster, and with a higher time frame there will be less noise.
3TF RSI Average Indicator is suitable for trading on any timeframe and currency pair. But for trading on timeframes above H1, you can change its settings. Where you can also choose which RSI lines you want to see and which not.

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R Squared Indicator


The R Squared indicator is a simple oscillator that shows overbought and oversold levels. R Squared belongs to the family of oscillators and works similar to RSI or Stochastic. The indicator fluctuates between 0 and 101 with two trend direction signal lines.
The lines have length and smoothness, both have the same period.
Traders can apply the indicator on any timeframe. However, using the indicator works best on longer timeframes.

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RVI Indicator


The RVI indicator for MT5 is a momentum indicator and measures the strength of a trend. The RVI (Relative Strength Index) is similar to the classic Relative Strength Index (RSI) with a big difference in the calculation method. The indicator detects a bullish trend if prices close above a given period. Likewise, for a bearish trend, the price must close lower.
Since the indicator determines bullish and bearish price trends and gives trading signals to buy and sell forex based on the intersection of the indicator lines. The indicator is well suited for beginners and experienced traders. In fact, Forex traders who are experienced with RSI will be able to easily trade the RVI indicator. However, advanced forex traders can use the divergence of an indicator that acts as a leading indicator.

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Pin Bar Indicator

The Pin Bar Indicator for MT5 automatically scans the price chart to identify the pin bar candle. In addition, the indicator plots this pattern on the chart and notifies forex traders via email and push notifications. In addition, the indicator displays buy and sell trading signals as rounded dots on the chart. In this way, forex traders can identify the pin bar and trade reversal signals effectively.


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Pivot Lines TimeZone Indicator

The Pivot Lines TimeZone indicator is combined with another indicator to identify major market trends. The indicator on the left side of the screen shows the details of the trend in the market. It shows the current day’s highs and lows, the current and previous day’s ranges, and the open and close prices.

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IMI Indicator


The IMI (Intraday Momentum Index) indicator for MetaTrader is a short-term trading tool for trend analysis. It is based on the data of the Relative Strength Index (RSI) and the opening/closing price of the candle for a certain period.
The indicator works as an oscillator that fluctuates between two price extremes (overbought and oversold zones). The IMI indicator essentially helps you determine the levels at which an asset’s price could reverse.

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NRTR Indicator


NRTR is a simple indicator that draws lines from dots on a chart to indicate the direction of a trend. NRTR is abbreviated as Nick Rypock Trailing Reverse. The indicator got its name from the name of its developer. Surprisingly, NRTR has been around since 2001.
NRTR was designed to detect potential reversals. The indicator now detects reversals near entry points. The indicator draws four lines with a period of 40, which act as support and resistance. The names of these lines are Support, Resistance, UpTarget and DownTarget.

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Delta Indicator


The Delta indicator is an MT5 indicator that draws green and red lines to determine the direction of a trend. What is good about it is that it can be used for forex trading systems and forex trading strategy that helps users understand when to enter or exit a trade.
The indicator highlights the total number of trades that occur at both ends of the spectrum, i.e. bid and ask on specific timeframes.


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Demand Index Indicator


The Demand Index Indicator for MT5 by James Sibbet is a simple momentum indicator. The indicator draws one signal line to determine the market trend. Like many other momentum oscillators, the indicator reports overbought and oversold conditions.
Like its counterparts, the demand index indicator fluctuates between certain ranges. Unlike the RSI, which fluctuates between -100 and 100, the Demand Index indicator does not have specific values.

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Chaikin Oscillator Indicator

The Chaikin Oscillator for MT5 is a momentum oscillator that gets its values from the accumulation distribution line indicator. The indicator is calculated by subtracting the 10-period exponential moving average from the 3-period exponential moving average. Thus, with the help of the indicator, forex traders can determine the falling and rising price momentum. Also, the convergence and divergence of the oscillator gives bullish and bearish forex trading signals.

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Coppock Indicator


The Coppock is a classic oscillator. It was developed by economist Edwin “Sedge” Coppock in 1965. What is interesting – commissioned by the Episcopal Church.
The indicator is considered as a tool for long-term investments in the stock market, and was originally developed for opening long positions on daily charts.

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BB Stops 2 Hull Indicator


The BB Stops 2 Hull indicator is an extensive MT5 indicator for Forex trading. It is great for identifying entry and exit points in a trade.
The indicator is convenient for measuring trend reversals and determining the direction of price movement. These are important aspects of trading, which is why traders use several indicators before making a choice.

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