Discover the top 10 most downloaded Forex indicators for the highly popular Metatrader 5 trading platform on LucyForex.com. Download all indicators for free!
Metatrader 5 offers traders a versatile and comprehensive platform to engage in Forex, Stocks, Commodities, Indices, Cryptocurrencies, Bonds, and ETF trading, catering to a wide range of financial instruments and trading opportunities.
1. XMASTER Formula Indicator
The image provided below exhibits how the XMASTER Formula indicator looks when applied to the MT5 chart.
XMaster Formula is a popular buy/sell technical indicator that draws a buy and sell signal line in a dedicated chart window.
The green line serves as a buy signal, and the red line indicates a sell signal. The indicator is adaptable to any trade style according to your preference.
Review and download the XMaster Formula indicator 🆓
2. All In One Pivot Points Indicator
The image provided below exhibits how the All In One Pivot Points indicator looks when applied to the MT5 chart.
The All In One Pivot Points indicator shows the pivot point and all accompanying support and resistance levels on the price chart.
The trend is considered bullish when above the pivot point, and bearish when below.
Review and download the All In One Pivot Points indicator 🆓
3. Auto Trend Channel Buy/Sell Indicator
The image provided below exhibits how the Auto Trend Channel Buy/Sell indicator looks when applied to the MT5 chart.
The Auto Trend Channels Buy/Sell indicator is a powerful tool that accurately plots the best trend channel for any currency pair and time frame.
The indicator can function as a buy and sell signal tool, facilitating trading decisions for users.
Review and download the Auto Trend Channel Buy/Sell indicator 🆓
4. Universal Forex Oscillator Indicator
The image provided below exhibits how the Universal Forex Oscillator looks when applied to the MT5 chart.
The universal Forex oscillator is a valuable trading tool that generates easy to follow buy and sell signals for both beginners and seasoned traders.
The blue colored cloud indicates a buy trend, while the red colored cloud signifies a sell trend.
Review and download the Universal Forex Oscillator indicator 🆓
5. Force MACD Signal Indicator
The image provided below exhibits how the Force MACD Signal indicator looks when applied to the MT5 chart.
The Force MACD signal indicator delivers reliable buy and sell trading signals that work for any trading instrument support by MT5.
The green colored histogram bars generate a buy signal, while the red colored bars indicate a sell signal.
Review and download the Forex MACD Signal indicator 🆓
6. Trend Spotter Indicator
The image provided below exhibits how the Trend Spotter indicator looks when applied to the MT5 chart.
Trend Spotter is a trend trading indicator that delivers easy to spot buy and sell signals on the price chart.
The sea-green colored cloud represents a buy signal, while the magenta colored cloud indicates a sell signal.
Review and download the Trend Spotter indicator 🆓
7. Buy & Sell Trend Value Indicator
The image provided below exhibits how the Buy & Sell Trend Value indicator looks when applied to the MT5 chart.
The Trend Value indicator identifies the best possible trade opportunities in both trending and sideways moving markets.
The blue colored arrow signifies a buy signal while the red colored arrow indicates a sell signal. The dashed line can be utilized for stop loss placement.
Review and download the Buy/Sell Trend Value indicator 🆓
8. ISHA Forex Channel Indicator
The image provided below exhibits how the ISHA Forex channel indicator looks when applied to the MT5 chart.
The ISHA Forex Channel indicator creates a solid trend channel on the price chart that can be used for trade entry and take profit.
A buy signal is generated when the candle closes above the green dashed line, while a sell signal is triggered when the candle closes below the red dashed line.
Review and download the ISHA Forex Channel indicator 🆓
9. Super Trend Hull Indicator
The image provided below exhibits how the Super Trend Hull indicator looks when applied to the MT5 chart.
Super Trend Hull provides robust trading signals based on a combination of Super Trend and the Hull moving average.
The green line serves as a buy signal, whereas the violet line indicates a sell signal.
Review and download the Super Trend Hull indicator 🆓
10. Trend Dominator Indicator
The image provided below exhibits how the Trend Dominator indicator looks when applied to the MT5 chart.
The Trend Dominator indicator provides reliable trading signals suitable for any currency pair and time frame.
A buy signal is indicated by a blue-colored arrow, while a sell signal is denoted by a magenta-colored arrow.
Review and download the Trend Dominator indicator 🆓
Trading Tips & Recommendations
Scalpers and day trader can especially benefit from using these Forex indicators during the most volatile trading hours, particularly on low spread currency pairs.
In volatile markets, more trading opportunities tend to arise, and trading the lower spread currency pairs can help minimize the spread cost imposed by your broker.
Before implementing these indicators in live trading, it is highly recommended to practice on a demo account first to ensure a thorough understanding of their functionality and performance in different market environments.