MT Terminal Indicators - Overview by Indicatorspot

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Choppy Market Index Indicator


The Choppy Market Index Indicator For MT5 is an indicator capable of giving forex trading signals in both fluctuating and trending markets. The indicator, commonly known as CMI, calculates the difference between the closing prices of the most recent bar and the bars of a given period. The value is then divided by the difference between the highest high and the lowest low for that period.

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PZ Reversals Fractals Indicator


The PZ Reversals Fractals indicator is an MT5 indicator that draws arrows to report market reversals. The indicator analyzes fractals to detect market reversals.
It draws bullish and bearish arrows when the trend starts to change.
The indicator works on all timeframes, but it is better to look for the direction of the trend on timeframes above M30.

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Blahtech Candle Timer Indicator


The Blahtech Candle Timer Indicator is an easy-to-use MT5 tool that displays the bullish or bearish nature of candles.
It displays a timer next to the current candle, showing green for bullish candles and red for bearish candles.
This indicator is most effective on higher timeframes, allowing traders to customize their usage accordingly.

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BB Trend Flat Indicator

The BB Trend Flat Indicator for MT5 provides three different types of signals depending on the market conditions. The indicators receive signals from the classic Metatrader Bollinger Bands indicator. Forex traders get bullish, bearish and flat trading signals from this indicator. As a result, traders can buy and sell during bullish and bearish market conditions. Likewise, technical traders can stay on the sidelines during flat market conditions or exit a trade on a flat signal.

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TPO Volume Indicator


What does TPO Volume mean in trading? It means Time-Price-Opportunity by using the volume.
This is the name given to the indicator by its creator, Peter Steidlmayer. He developed a special way of keeping statistics of trading activity on the Chicago Mercantile Exchange. His know-how was that he used letters to record at what price level the most active trading took place.
When you add the TPO volume indicator to your MT5 chart, you will see exactly the market profile.

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Three Line Break Indicator


Three Line Break Indicator – linear reversal charts are a series of vertical rectangles (lines) whose direction and size are determined by price movements. This type of chart is based on closing prices and does not take into account either timeframe or volume.
The main advantage is the absence of an arbitrarily determined reversal value, as this is signaled by the behavior of the market.
The sensitivity of the three-line breakout chart can be adjusted by changing the number of lines the market must break to project a reversal.

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Williams’ Percent Range Indicator


The Williams’ Percent Range indicator is an MT5 momentum indicator that accurately identifies overbought and oversold markets. Evaluating the right market momentum is a must for every trend following trader. This will help you assess the bullish/bearish sentiment behind the price movement and predict the upcoming trend.
The indicator closely monitors momentum changes in all market conditions, helping you make better buy/sell decisions. When testing the indicator, we found that it is ideal for day/intraday forex and stock trading.
This guide explains how to use Williams percentage range signals to identify potential trading opportunities in MT5.

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Reversal Bar Indicator


The MetaTrader 5 Reversal Bar Indicator is a forex tool that displays a bar representing a price reversal at a new high or low. It features a sky blue or red color, indicating the potential end of a downtrend or uptrend pullback, respectively.
This non-redrawing indicator is beneficial for both trend-following and counter-trend traders in identifying optimal entry points. It is particularly useful in confirming the end of a short-term trend pullback.

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Trendline by Angle Indicator


The Trendline by Angle Indicator for MetaTrader is a custom indicator for Forex trading that draws a single slanted line with an angle in degrees. Basically, it draws a trendline at an angle that is in sync with the current market trend.
The idea is to help you identify trading opportunities within an indicator. It draws an evasive blue trend angle when the market is bullish and a red trend angle when the market is bearish. This means that the indicator, in some way, helps you to easily determine the tendency of the market to trend and trade in that direction.

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Adaptive Moving Average Indicator


The Adaptive Moving Average indicator is a simple MT5 indicator that reports the direction of a trend. The indicator builds an adaptive moving average on a chart with a period of 14. In general, the indicator works like any other type of MA. The ability of KAMA to smooth out fast and slow MA is different.
Unlike the regular moving average, the adaptive moving average is more important for recent price changes. So, the indicator determines good entry and exit points. The Adaptive Moving Average indicator draws a red and green line with a filter. This line reports bullish and bearish situations.

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Time Range Separator Indicator


The Time Range Separator Indicator for MetaTrader is a custom indicator that uses vertical lines to divide a chart into different time ranges. It is similar to the regular dot separator, but differs in function. It shows trading activity on different timeframes, and period separator shows different trading periods.
The indicator essentially splits the lower time frame candles into a time range that reflects the higher time frame range.
This will help you easily switch between different timeframes to see the trading activity of the H4 candle (for example) on lower timeframes.

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Lines Profit Loss Indicator

Profit and Loss Lines Indicator for MT5 is a useful tool for forex traders. It calculates the profit or loss at any given point on the chart. It can be placed anywhere above or below a position to take profit or loss at that particular price level. In addition, the indicator automatically calculates values based on the lot size and displays them on the line. As a result, forex traders can drag the line to any point on the chart to measure the potential profit or loss if the price hits a certain level. In this way, forex traders can calculate the risk and reward for any predicted price.

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KDJ Index Indicator


The KDJ Index Indicator is a sophisticated tool for MT5 that displays overbought and oversold levels in a simple way. It is a modern adaptation of the classic Stochastic Oscillator, with an added J line in addition to the traditional K and D lines.
The indicator ranges from 0 to 100 and provides insight into market conditions, indicating an overbought state when the J line crosses above the K and D lines and an oversold state when it dips below them.


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Better Choppy Market Index Indicator

The Better Choppy Market Index (CMI) Indicator for MT5 is a powerful tool for forex trading, providing signals in both volatile and trending markets. It calculates the difference between the closing prices of the most recent bar and those from a designated time period, then divides the result by the difference between the highest high and the lowest low for that period.

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Moving Average Cross Price Alert Indicator


The Moving Average Cross Price Alert indicator is a simple MT5 indicator that reports the direction of a trend.
The indicator displays the moving average on the chart along with green and red arrows.
These arrows, along with the moving average, indicate the direction of the price.
The indicator works best on all timeframes, but it is best to use the indicator on higher timeframes to avoid market noise.

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SHI Channel Indicator



One of the basic trading skills is drawing trend lines. This will help you identify trading opportunities when the price is moving in a channel. When you draw the lines correctly, you can easily spot areas where price could reverse. But you don’t have to do all the chore of drawing a channel. The SHI channel indicator will do all the work for you.
Just run the indicator and it will draw a channel for you on the chart.

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BoxInside Indicator


BoxInside MT5 is an automatic chart scanner that indicates key price positions and potential breakout levels. This indicator takes into account the breakpoint (POC), the high of the value area (VAL), and the low of the value area (VAL) to evaluate price levels. The multi-colored dots around the price candles show the range of the corresponding price conditions.
From a technical point of view, BoxInside MT5 is not an indicator of exact buy/sell levels. Instead, it provides you with useful pricing information. Once you begin to accurately read and track price data, you will be able to determine the exact entry levels for a trade on your own.

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Bollinger Band Advanced Edition Indicator


The Bollinger Band Advanced Edition Indicator for MetaTrader is a dynamic Forex trading tool with many features that go beyond conventional Bollinger Bands. It is an ideal tool for determining trend direction and price reversal zones.
The indicator has a special feature that allows the middle band to alternate between different colors, reflecting the direction of the trend. The middle band changes color to green/red, which corresponds to the bullish/bearish trend, respectively.
The indicator is recommended for scalpers, day/intraday and swing traders. In addition, it is suitable for beginners, intermediate and advanced forex traders.

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MACD With Alert Indicator


MQLTA MACD With Alert for MT5 is a trend following indicator for forex and stock trading. It combines the MACD with simple moving averages to process real-time buy/sell signals. Once you install it on your MetaTrader 5 platform, the indicator will start to automatically scan showing changes in market trends. In addition, you can also use its signal to determine the strength of the current trend, enter and exit a trade.
Technically, MQLTA MACD with Alert indicator is suitable for all timeframes. However, it works best when applied on higher timeframes such as 4-hour, daily and weekly charts.

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Alpha Trend Spotter Price Action Indicator

The Alpha Trend Spotter Price Action Indicator for MT5 provides pointer-based buy and sell trading signals. “Price Action” is in the name of the indicator because the indicator applies price action to further confirm trading signals. In fact, the indicator acts as an additional confirmation for the Alpha trend indicator for MT5. Thus, traders can use both indicators together or separately.

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