HLC Trend confirmation indicator – indicator MetaTrader 5

HLC Trend confirmation indicator - indicator for MetaTrader 5
The HLC Trend indicator is a confirmation indicator with sub-type as a two-line-crossover. Buy signal: long line (white) crosses and closes above short line (red). Sell signal: short line (red) crosses and closes above long line (white). Inputs are MA method, high MA period, low MA period and close MA period. This indicator is often … Read more

BSI Trend and Channel – indicator MetaTrader 5

BSI Trend and Channel - indicator for MetaTrader 5
This indicator shows trend line and channels using the BSI Indicator. First, it will check the trend by BSI. Then, draw the trend line or channels by condition. The trend line uses regression line, channels use tango line. Display: orange dash line— trend line or channel (high). blue dash line — trend line or channel … Read more

Trend Dashboard Indicator – indicator MetaTrader 5

Trend Dashboard Indicator - indicator for MetaTrader 5
Trend Dashboard Indicator MetaTrader 5 indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear … Read more

Multi colored trend indicator MT5 – indicator MetaTrader 5

Multi colored trend indicator MT5 - indicator for MetaTrader 5
The Multi-Colored Trend Indicator is a simple but effective way to identify trends in the market. In this Indicator I used two moving averages to calculate the trend direction and changed color depending on the trend direction (green for uptrend, red for downtrend). This indicator is easy to use and understand.  It’s developed for learning purposes … Read more