Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
The indicator shows the direction of the trend, arrows for entry, and the most suitable exit points for trades. Statistics for all signals are also displayed for better trade analysis.
Features
- This indicator does not redraw.
- It can be used to trade any assets: cryptocurrencies, stocks, metals, indices, commodities, and currencies.
- It works on all timeframes.
- Entry signals appear at the opening of a new candle.
- Signals for exiting trades are approximate, as you can often close a trade with a higher profit.
- There is a detailed trade statistics panel at the top left, which can be collapsed.
- It shows the trend direction immediately on timeframes from M1 to W1.
- It has a lightweight code, so it does not overload or slow down the terminal.
- To avoid missing a signal to enter a trade, you can receive notifications in the Alert window and via Push.
- For users of all levels, from beginners to experts.
Statistics panel
- Number of days from which the signal history is taken.
- Total number of signals for which statistics are provided.
- Ratio of profitable and unprofitable signals.
- Percentage of profitable signals out of the total number.
- Average profit per signal.
- Total profit for all signals.
- Average loss per signal.
- Total loss for all signals.
- Last ping to the broker's server.
- Current spread.
- Trend direction UP/DOWN on timeframes from M1 to W1.
Settings
| Length | Indicator sensitivity |
| Font size | Font size for the statistics panel |
| Show arrows | on/off display arrows when the trend changes |
| Show entry/exit | on/off display entry and exit points from the market |
| Show statistics | on/off display the signal statistics panel in the upper left corner of the chart |
| Use alert notification | on/off pop-up window with notification and sound alert |
| Use push notification | on/off push notifications |
