Download Metatrader 5 Trading Tools and Indicators

Here you can download the most up-to-date Metatrader 5 indicators and other helpful tools to assist with your trading activities.

Trade on-the-go with our mobile app and access multiple order types, real-time pricing data and preloaded indicators to enhance your trading strategy.

Traders can access cutting-edge tools for advanced technical analysis through the Code Base, available either to buy or rent on the MetaTrader Market.

Ichimoku indicator

The Ichimoku indicator is an effective technical tool that assists traders in understanding the future behavior of a security. It also allows them to recognize potential trend reversals. When used alone or alongside other indicators, this gives traders a complete picture of support and resistance levels.

This indicator, developed in Japan and known as Ichimoku Kinko Hyo (Japanese for "one glance at the balance chart"), utilizes multiple indicators to provide signals on market trends, support/resistance levels, and momentum.

It can be intimidatingly complex and dynamic at first, but with some practice it becomes an invaluable asset for traders. Not only does it provide useful information, it reduces the need for additional indicators, and is user-friendly - all at once!

Newbies to Ichimoku should start with the most fundamental settings, which include nine-day and 26-day moving averages. Traders can then add the base line, which is calculated by averaging the highest high and lowest low from 26 periods.

Another critical setting to watch for is the conversion line, a simple calculation that averages the two lines above and below the base line. Traders should watch for this to move above its baseline as an encouraging buying signal.

The Conversion and Base lines serve as support and resistance during periods of trending markets. They function similarly to moving averages in that they provide momentum data. When the Conversion line moves above the Base line, it indicates increased momentum; accordingly, the space between them is shaded green or red accordingly.

Moving average

Moving averages are a popular technical indicator that many traders utilize in their trading strategy. They smooth out price action and can be used to identify support and resistance levels on a chart, as well as serve as the building blocks for other indicators like Bollinger Bands or MACD (Moving Average Convergence Divergence).

No matter your level of experience or knowledge, moving averages are an invaluable asset to have in your trading toolbox. Not only are they easily understood and helpful when anticipating asset prices, but their insights into potential future directions may provide some invaluable guidance.

When selecting a moving average, your decision will depend on your trading strategy. A simple moving average (SMA) is more responsive to price changes while an exponential moving average (EMA) gives more weight to recent price data.

Calculating a moving average requires you to select the length of time for calculation. The longer this period is, the larger the lag between an individual day's price and its moving average.

The moving average indicator will then calculate an average of all data points included in a time series and display them on your chart. Depending on what type of data is provided and other parameters set for your chart, this moving average calculation may differ.

A moving average can be calculated on any time series, such as a line, bar or candlestick chart. It is possible to calculate this statistic over multiple time intervals such as daily, weekly and monthly.

Selecting the ideal length of moving average can help you predict how an asset's performance will develop in the future, especially when combined with other technical indicators. Generally, shorter moving averages are ideal for short-term trades and longer ones are best for long-term investment purposes.

Moving averages can be useful tools in your trading routine, but it's essential to remember that they do not guarantee success. They may also send false signals, so it is essential to comprehend their workings and use them in conjunction with other indicators.

Fibonacci retracement

Fibonacci retracement is an indicator used to anticipate where prices might retrace before jumping higher or correcting lower. Traders using this tool can look for potential market reversal points and benefit from it.

This indicator is based on the Fibonacci sequence of numbers discovered by Italian mathematician Leonardo Pisano Bigollo in 1600. Since then, this sequence has been applied to trading activities.

Fibonacci retracement levels are horizontal lines that measure the magnitude of a price move and offer support and resistance information. They're an invaluable tool for finding trend reversals when used alone or combined with other technical indicators like MACD or RSI.

To use Fibonacci retracement, first identify the highs and lows of a given period. Then, divide that range by the key Fibonacci ratios of 23.6 percent, 38.2 percent, 50 percent, 61.8 percent and 100%.

Once you've identified these numbers, use a charting program to draw horizontal lines between the high and low. This tool will then display Fibonacci retracement levels in that area on your chart.

Once a chart has been drawn, you can use it to make trade decisions. Retracement levels help identify potential entry and exit points, stop-loss levels and take profit levels.

Before investing real money into any trading strategy, it's essential to test it on a demo account first. This provides the best opportunity to gain insight into how the strategy functions and help avoid costly errors.

Once your strategy is in place, you can begin trading with it on an actual account. Begin by studying the charts of your desired asset to gain insight.

Once you identify the last wave of the primary trend and its pullback counterpart, a Fibonacci grid can be placed over both to reveal harmonic price levels. Combining these two grids may even reveal hidden obstacles which may indicate an advantageous trade entry point.

Learning how to utilize Fibonacci retracement is best achieved through practice. You can begin this strategy with a free demo account and once you feel comfortable with it, switch over to a fully funded live account.

Volatility

Volatility is an integral element of successful trading and can be used to identify profitable trades. Additionally, volatility provides insight into market movement and what to anticipate in the near future.

Volatility is the degree of price variation in a security or market index. It can range from quiet, steady movement to dramatic spikes that cause the market to jump up and down.

Stock market volatility is caused by a variety of factors, such as economic and political situations. It could be sparked by changes to tax laws, rumors about the economy, or even election-related speeches.

Volatility is often linked with stock market crashes, but it also presents several opportunities. For instance, if a company is about to release an important new product or report on its financial performance, volatility could signal that now is an ideal time to purchase shares of that business.

Some traders rely on the CBOE VIX volatility index to monitor stock market prices. However, many individuals are unaware that there are other indicators available which can also be used to assess market volatility.

One popular indicator is the average true range indicator (ATR), which measures the difference between a stock's price and its range over an extended period. Traders can use the ATR to identify periods of low volatility and high volatility.

Bollinger Bands are another indicator that can be used to gauge volatility. This indicator consists of two bands -- an upper and lower band -- that are two standard deviations above and below the 20-day moving average.

The higher the range, the more volatile an asset's underlying assets can be. Conversely, during periods of low volatility, bands become narrower and the space between them widens.

Some of the most widely-used volatility indicators include ATR, Donchian Channels and Bollinger Bands. These tools can be utilized to monitor any underlying asset's price movement.

Some volatility indicators rely on a straightforward mathematical model, while others employ more intricate calculations. No matter which option you opt for, understanding volatility is critical for successful trading.