Browse Indicators
Indicators MT5 Indicators MT4 Indicators ICT Indicators MT5 ICT Indicators MT4 ICT Indicators Add Indicators Download/Add MT5 Indicators Download/Add MT4 Indicators Blog Browse Indicators
Olymptrade – Start with $10. Get up to 100% more.
MetaTrader 5

Free MT5 Indicators

Custom indicators for MetaTrader 5 are written in MQL5 and run as .ex5 files, the format of every free tool listed here. They cover what the platform's own toolbox leaves open: MT5 comes with 38 technical indicators, 44 analytical objects and 21 timeframes, from one minute to one month.

Oscillators on MT5 show momentum building or fading below the candles, and price action tools label the bars and shapes that matter. Signal indicators place buy and sell arrows on the chart. Zone tools mark where price may turn, from pivot points and resistance lines to supply areas, order blocks and ICT liquidity marks, while volume indicators gauge how much trading stands behind a move on forex pairs, stocks, futures and crypto CFDs.

Use the filters to keep one category or one level, Beginner to Advanced, and sort the list by newest, best rated or most downloaded. Chart examples, an input table and step-by-step installation help wait on every indicator page. These free tools need the desktop MetaTrader 5 for Windows or macOS, because the mobile apps and the web terminal run only the built-in set, and MT4 files will not load here.

Indicators

01 MT5 Intermediate

Range Filter Trend Histogram MT5 Indicator

Shows ADX-based trend power as grey, green and red bars around a 20 line and marks the first filtered candle of each new trend with a Buy or Sell arrow.

2,749 views 15 downloads
02 MT5 Intermediate

RSI Trend Cross MT5 Indicator

Plots RSI 14 with a fast and a slow signal line and marks the closed candle where they cross: a Buy Arrow under 50, a Sell Arrow above it.

2,656 views 11 downloads
03 MT5 Intermediate

Aroon Trend MT5 Indicator

Draws Aroon Up and Aroon Down from 0 to 100 and prints a Buy or Sell Arrow when one line reaches 70 while the other stays at 30 or lower.

2,956 views 11 downloads
04 MT5 Intermediate

RSI Color Candles MT5 Indicator

Colours every MT5 candle by its RSI(14) zone and prints a Buy or Sell arrow on the first candle that pushes RSI above 60 or below 40.

2,948 views 11 downloads
05 MT5 Intermediate

ATR Volume Pressure MT5 Indicator

Joins candle range and volume into a 0 to 100 pressure reading and prints a Buy or Sell arrow on the candle that first breaks it above 60.

3,061 views 10 downloads
06 MT5 Intermediate

Volatility Oscillator MT5 Indicator

Ranks each candle's size against the last 14 bars from 0 to 100 and marks squeeze-to-expansion breakouts with buy and sell arrows on closed bars.

2,549 views 12 downloads
New releases

New MetaTrader 4&5 indicators

View all indicators
01 MT4 Beginner

Trend Continuation Oscillator MT4 Indicator

MT4 oscillator with Bull and Bear Continuation values; a Buy or Sell arrow marks the bar where either one turns positive.

2,908 views 12 downloads
02 MT4 Advanced

ICT Killzones MT4 Indicator

Marks the Asian, London, New York AM and New York PM killzones on MT4 as coloured boxes, with green high and red low lines to each session's end.

2,168 views 14 downloads
ICT Free
03 MT5 Advanced

ICT Killzones MT5 Indicator

Draws the Asian, London, New York AM and New York PM killzones of each day on MT5, with every box's high and low carried on as green and red lines.

2,971 views 15 downloads
ICT Free
04 MT4 Intermediate

RSI Color Candles MT4 Indicator

Paints each MT4 bar in one of four RSI(14) zones and marks with an arrow the bar where RSI first closes over 60 (Buy) or under 40 (Sell).

2,830 views 11 downloads