Technical indicators are a mathematical manipulation of a security price and / or volumes aimed at forecasting of future price changes. Decisions about how and when to open or close positions can be made on basis of signals from technical indicators. According to their functionalities, indicators can be divided into two groups: trend indicators and oscillators. Trend indicators help to assess the price direction and detect the turn moments synchronously or with a delay. Oscillators allow finding the turning moments ahead or synchronously.
User can customize indicators with MT5 Editor and apply other person’s setting to the chart.
There are 2 ways to insert indicators to the chart.
Select a indices and insert to the chart at insert menu>Indicators.
‘Navigator window’ > Double click or drag drop with mouse required indicators
You can modify indicators set up by Charts-Indicators or Right click -indicators and select edit and customize color, variables and properties. If you want delete indicators, you can use same methods. Select indicators –delete
|Accelerator Oscillator – AC|
|Accumulation / Distribution – A/D|
|Average Directional Movement Index – ADX|
|Average True Range – ATR|
|Awesome Oscillator – AO|
|Bears Power Bollinger Bands – BB|
|Commodity Channel Index – CCI|
|DeMarker – DeM|
|Force Index – FRC|
|Fractals Gator Oscillator – Gator|
|Ichimoku Kinko Hyo|
|Market Facilitation Index – BW MFI|
|Money Flow Index – MFI|
|Moving Average – MA|
|Moving Average Convergence / Divergence – MACD|
|Moving Average Oscillator – MAO|
|On Balance Volume – OBV|
|Relative Strength Index – RSI|
|Relative Vigor Index – RVI|
|William’s Percent Range - %R|