Taher Halimi, Author at SISCo Smart Investing Systems

Pmax Indicator for MT5

Settings & Parameters

Source – source of price
ATR Period
Multiplier of ATR
Moving Average Type: SMA – EMA – WMA – TMA – VAR – WWMA -ZLEMA – TSF
Moving Average Length
Change ATR Calculation Method: two different types of calculations
Normalize the ATR
Show Crossing signals: if two bands cross, send a signal
Show price band crossing: if the red band crosses the price

Additional Parameters:
- Tester Settings – for backtesting & strategy optimization
- Alert Settings – real-time alerts and notifications on every signal

What Does This Indicator Do?

The Profit Maximizer Indicator for MT5 is a powerful trend-reversal and momentum-detection tool.

It works by combining ATR (Average True Range) and Moving Averages to dynamically track volatility and direction.

When the red and blue bands cross, the indicator generates buy or sell signals.
When the price crosses the red band, it signals potential entry points:
- Buy signal – when price crosses the red band from below.
- Sell signal – when price crosses the red band from above.

This dual-confirmation system makes it easy to:
✔ Identify trend reversals
✔ Capture breakouts early
✔ Follow market momentum on any symbol

Benefits of Using This Indicator

Accurate Reversal Detection – highlights potential reversal and continuation zones in trending or ranging markets
Universal Application – works seamlessly on all markets: Forex, Crypto, Stocks, Commodities, and Indices
Boosts Confidence – clear buy/sell signals help traders improve entries and exits
User-Friendly – designed for both intermediate and professional traders
Versatile Tool – combine with moving averages, support & resistance, or other technical indicators for stronger trading strategies

Why Choose Profit Maximizer?

Unlike many generic tools, the Profit Maximizer Indicator for MT5 blends volatility analysis with moving average crossovers to deliver precise and timely trading signals.
It’s designed to simplify decision-making, enhance risk management, and maximize profit potential in any market condition.

Weis Wave Volume Indicator for MT5

What Does This Indicator Do?

The Weis Wave Volume Indicator for MT5 is a powerful Price Action + Volume tool.

When a sequence of consecutive candles closes higher, the indicator builds an up wave and generates a buy signal.
When the market structure changes and candles start closing lower, it creates a down wave and generates a sell signal.

This makes it simple to:
Identify trend reversals
Capture breakouts
Follow market momentum in any instrument

Settings & Parameters

Trend Detection Length – number of candles used to define trend shifts
Downtrend Histograms – option to display bearish waves below zero
Additional Parameters:
- Tester Settings – for backtesting & strategy optimization
- Alert Settings – real-time alerts and notifications on every signal

Benefits of Using This Indicator

Accurate Reversal Detection – highlights potential reversal and continuation zones in trending or ranging markets
Universal Application – works seamlessly on all markets: Forex, Crypto, Stocks, Commodities, and Indices
Boosts Confidence – clear buy/sell signals help traders improve entries and exits
User-Friendly – designed for both intermediate and professional traders
Versatile Tool – combine with moving averages, support & resistance, or other technical indicators for stronger trading strategies

Why Choose This Indicator?

The Weis Wave Volume Indicator for MT5 brings clarity to price action by merging wave analysis with volume, giving traders a professional tool to anticipate market moves.

Add it to your trading arsenal today and enhance your trend analysis, entry timing, and risk management.

Chandelier Exit Indicator for MT5

What does this indicator do?

The Chandelier Exit Indicator for MT5 is a powerful trend-following and volatility-based indicator that uses an ATR band and buy/sell arrows.

When the price crosses the ATR band, the indicator instantly generates a buy or sell signal.
This makes it simple for traders to identify trend reversals, capture breakouts, and follow market momentum in any instrument.

Settings of the Indicator

ATR Length – adjustable period for Average True Range calculation
ATR Multiplier – controls band distance from price
Use Close Price for Extremums – refine signals with close-price precision
Additional Parameters:
- Tester Settings – for backtesting and strategy optimization
- Alert Settings – notifications and alerts on every signal

Benefits of this Indicator

Accurate Reversal Detection – shows potential reversal or continuation zones in trending and ranging markets
Universal Application – works on all timeframes and trading markets including Forex, Crypto, Stocks, and Commodities
Boosts Confidence – helps traders enter and exit trades with precision signals
User-Friendly – suitable for both intermediate and professional traders
Versatile Tool – can be combined with moving averages, support & resistance, and other technical indicators for stronger trading strategies

Add the Volume Flow Indicator for MT5 to your trading arsenal today and improve your trend analysis, entry timing, and risk management.

Volume Flow Indicator for MT5

What are the specifications of this indicator?

Platform: MetaTrader 5 (MT5)
Type of Application: Custom Trading Indicator
Level: Intermediate
Timeframe: All Timeframes (Multi-Timeframe Support)
Trading Styles: Scalping, Day Trading, Swing Trading, Position Trading
Trading Markets: Forex, Stocks, Commodities, Indices, and Crypto

What does this indicator do?

The Volume Flow Indicator for MT5 has two bands and one histogram. One of the bands is EMA, and the other is the standard deviation of volume whenever they cross downside, it will generate a sell signal, and whenever they cross upward, it will generate a buy signal.

This makes it easy for traders to spot trend reversals and follow market momentum in any instrument.

Settings of the Indicator

Length of Volume for calculation
Coefficient parameter
Max volume cutoff
Signal length
Smoothing parameter
Show histogram of stdv.

Additional Parameters:

Tester Settings – for strategy testing and optimization.
Alert Settings – receive notifications and alerts on signal generation.

What are the benefits of this indicator?

Provides a potential reversal or trend continuation point in trending and ranging markets.
Works on all timeframes and markets (Forex, Crypto, Stocks, Commodities).
Helps traders follow trend reversals with confidence.
Easy to use – suitable for both intermediate and professional traders.
Can be combined with other technical analysis tools for even stronger trading strategies.

Alpha Trend Indicator for MT5

What are the specifications of this indicator?

Platform: MetaTrader 5 (MT5)
Type of Application: Custom Trading Indicator
Level: Intermediate / Professional
Timeframe: All Timeframes (Multi-Timeframe Support)
Trading Styles: Scalping, Day Trading, Swing Trading, Position Trading
Trading Markets: Forex, Stocks, Commodities, Indices, and Crypto

What does this indicator do?

The Alpha Trend Indicator for MT5 is designed to identify market trends and generate highly reliable buy and sell signals.

It plots two bands on the chart.
Whenever these two bands cross upward, the indicator generates a Buy Signal.
Whenever they cross downward, the indicator generates a Sell Signal.

This makes it easy for traders to spot trend reversals and follow market momentum in any instrument.

Settings of the Indicator

Multiplier – default value is 1.
Common Period – adjust sensitivity to market conditions.
Source of Price – Close, Open, High, Low, or other price modes.
Show Signals – enable/disable signal arrows.
Calculation Mode – option to calculate with or without volume data.

Additional Parameters:

Tester Settings – for strategy testing and optimization.
Alert Settings – receive notifications and alerts on signal generation.

What are the benefits of this indicator?

Provides accurate entry points in trending and ranging markets.
Works on all timeframes and markets (Forex, Crypto, Stocks, Commodities).
Helps traders follow trend reversals with confidence.
Easy to use – suitable for both intermediate and professional traders.
Can be combined with other technical analysis tools for even stronger trading strategies.

CandleSticks Patterns Indicator for MT5

CandleStick Patterns Indicator for MT5 — Professional Pattern Scanner

Bring proven candlestick analysis into your workflow. This indicator automatically scans your chart and highlights high-quality reversal and continuation patterns, so you can react faster and with more confidence.

Check the “More from author” section on the Market page to see our full suite of indicators.

What it does

Scans historical and live candles from a user-defined lookback range.
Detects and labels major single- and multi-candle patterns with on-chart arrows and tooltips.
Sends alerts (terminal, push, email) the moment a valid pattern appears.
Includes a lightweight tester panel for quick parameter optimization.

Detectable Patterns

Doji (size filter)
Hammer, Inverted Hammer, Hanging Man, Shooting Star
Bullish/Bearish Engulfing
Bullish/Bearish Harami
Morning Star, Evening Star
Piercing Line, Dark Cloud Cover
Bullish Belt, Bullish Kicker, Bearish Kicker

Inputs & Settings

General

Candles to Consider (Lookback) – number of bars to scan.
Doji Size – max body-to-range ratio to qualify as doji.

Pattern Toggles
3. Show Doji
4. Show Evening Star
5. Show Morning Star
6. Show Hammer
7. Show Shooting Star
8. Show Inverted Hammer
9. Show Bearish Harami
10. Show Bullish Harami
11. Show Bearish Engulfing
12. Show Bullish Engulfing
13. Show Piercing Line
14. Show Bullish Belt
15. Show Bullish Kicker
16. Show Bearish Kicker
17. Show Hanging Man
18. Show Dark Cloud Cover

Alerts & Tester

Enable Alerts (on-screen / sound / push / email)
Alert Once per Bar / per Pattern
Tester Parameters (date range, visual labels, report filters)

How it works

The indicator iterates through the last N candles (your lookback) and applies robust, textbook criteria for each enabled pattern. When a match is found, it draws an arrow at the signal bar and optionally prints a short label (pattern name). Alerts can be triggered immediately or on bar close, depending on MT5 settings.

Benefits

Clarity at a glance – auto-labels patterns you would otherwise scan manually.
Fewer missed setups – push/email alerts for your favorite patterns.
Customizable strictness – fine-tune doji size and enable only the patterns you trust.
Strategy-agnostic – use it for confirmations with trend, S/R, SMC, or volume tools.
Timeframe & symbol agnostic – works on FX, indices, commodities, crypto, and stocks in MT5.

Best Practices

Combine with trend filters (MA slope, structure, higher-TF bias) to improve selectivity.
Use S/R or supply–demand zones to prioritize higher-probability signals.
Prefer signals that align with session volatility and market context.
In Strategy Tester, adjust lookback and alert rules to match your trading style.

Compatibility

Platform: MetaTrader 5 (MT5)
Markets: Forex, indices, commodities, crypto, stocks (any symbol your broker provides)
Trading styles: position trading – swing trading – day trading – scalping
Timeframes: All

Notes

This tool is for educational and analytical purposes. It does not guarantee profits. Always validate signals with your own risk management.

Fibonacci Bollinger Bands indicator for MT5

The Fibonacci Bollinger Bands Indicator for MetaTrader 5 (MT5) is a powerful trading tool that combines the strength of Bollinger Bands with Fibonacci retracement levels. Since price often reacts strongly to Fibonacci levels, this indicator helps traders identify high-probability reversal zones and breakout opportunities.

Key Features & Inputs

Bollinger Bands Length – customizable parameter for band calculation.
Price Mode Selection – choose from Close, Open, High, or Low prices.
Band Multiplier – adjust the distance between bands for market conditions.
Six Fibonacci Levels – fine-tuned parameters to set custom Fibonacci zones.
Backtesting & Alerts – integrated parameters for tester optimization, notifications, and push alerts to your mobile device.

How It Works

The indicator calculates six Fibonacci-based Bollinger Bands. When the price breaks above the highest band or below the lowest band, it generates buy or sell signals, giving traders reliable entry points for both trend continuation and reversal setups.

Benefits of the Indicator

Accurate Reversal Zones – combines Fibonacci and volatility analysis for precise signals.
Versatile for All Timeframes – works effectively on scalping, day trading, and swing trading.
Improved Risk Management – identifies key support and resistance levels to optimize stop loss and take profit placement.
Customizable Settings – full flexibility to adapt the indicator to your strategy.
Trading Confidence – alerts and notifications keep you updated without needing to constantly monitor charts.

CM Ultimate Indicator for MT5

The CM Ultimate MA Indicator for MetaTrader 5 is a powerful moving average–based trading tool designed for Forex, indices, stocks, and commodities. Unlike standard moving averages, this indicator adds advanced features for detecting trend direction, MA crossovers, and momentum shifts, giving traders reliable entry and exit signals.

Key Features

Dynamic Color Change – MA line changes color automatically based on trend direction.
Smoothing Options – Reduce noise and filter false signals.
Customizable MA Length – Adjust period for short-term or long-term trading.
Tilson T3 Factor – Add precision when using Tilson T3 moving average type.
Dual MA System – Second MA with color change based on its own direction.
Crossover Signals – Dots on chart highlight MA crossovers for trade entries.
Built-in Alerts & Notifications – Receive signals via pop-up, email, or push notification.
Tester Dashboard – Backtest results quickly and optimize your trading strategy.

How It Works

The indicator plots two moving averages that react dynamically to price action. When the color of the MA changes, it indicates a potential trend reversal or continuation, sending you instant alerts. When the two MAs cross, a signal dot appears, making it easier to spot high-probability setups.

Why Use It?

Works on all timeframes (scalping, day trading, swing trading).
Can be applied to Forex, indices, crypto, stocks, and commodities.
Simple to use as a standalone tool or as a confirmation filter within your own trading strategy.
Helps improve accuracy, reduce false entries, and increase profitability.

Support and Resistance Levels Indicator for MT5

The Support and Resistance Levels Indicator for MetaTrader 5 is one of the most advanced and reliable tools for identifying key price zones in the market. Unlike traditional indicators, it not only detects support and resistance levels but also combines them with volume analysis to generate accurate and high-probability trading signals.

Type: Indicator

Level: Intermediate

Concepts: SMC (Smart Money Concepts), Price Action, Volume Analysis

Timeframes: All timeframes (from scalping on lower charts to long-term position trading)

Trading Styles:Scalping – Day Trading – Swing Trading – Position Trading

Settings Overview

Lookback candles – Define how far back the indicator should search for levels
Break detection parameter – Shows all breaks of support and resistance
Swing calculation – Two parameters (right and left bars) to identify market swings
Custom colors – Choose colors for support and resistance lines
Tester options – Built-in tester to analyze past performance
Alerts & notifications – Two parameters to send real-time alerts and push notifications

How It Works

The indicator identifies swings using the right and left bar parameters. When a support or resistance level is broken, it checks whether the volume exceeds the set threshold. If confirmed, the indicator generates a trading signal.

By combining volume confirmation with Smart Money Concepts (SMC), this indicator offers a significant edge compared to standard support and resistance tools. The built-in tester also allows traders to evaluate results over specific periods, making strategy validation faster and more reliable.

Key Benefits

Accurate support and resistance detection based on market swings
Volume confirmation to filter out false breakouts
Fully customizable parameters to adapt to any trading style
Works on all timeframes and for different strategies
Integrated backtesting feature for performance evaluation
Real-time alerts and notifications to never miss a signal

Why Choose This Indicator?

Most support and resistance tools only plot static levels, but this indicator goes further by integrating volume analysis and SMC principles. This makes it suitable for traders who want precise signals for entries, exits, and breakout confirmations.

If you are looking for a complete solution for support and resistance trading in MT5, this indicator is designed to improve your accuracy, save time, and help you trade with confidence.

WaveTrend Oscillator Indicator for MT5

The Wave Trend Oscillator Indicator for MT5 is one of the well known indicators in the market, helping traders find strong entry points into the market. Like any other MetaTrader 5 indicator, it can produce both good and bad signals, but the number of accurate buy/sell signals is significantly higher than the weak ones. This makes it a powerful tool for improving your forex trading strategy, whether you are a beginner or an advanced trader.

How does this indicator work?

This indicator is built from two Exponential Moving Averages (EMA).

When these lines go above 53 and then turn back down, it generates a sell signal.
When they go below -53 and then turn back up, it generates a buy signal.

This simple yet effective logic makes it useful for detecting trend reversals, scalping opportunities, and swing trading setups.

Settings

The settings of this indicator are divided into two main sections:

Calculation settings – for configuring how the oscillator works.
Tester and signal settings – for testing and sending signals in the strategy tester.

How to get the best results from this indicator?

Do not use this indicator as a standalone trading strategy. Instead, integrate it into your personal trading system to find more precise and optimized entry points. Combine it with support and resistance, price action, or other MT5 indicators to maximize performance.