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3 proven indicators to strengthen your analysis

Indicators are smart tools that analyze market data and display additional insights directly on the chart — including trends, support/resistance levels, price momentum, and overbought/oversold zones.

Unlike scripts that execute a one-time task, indicators constantly monitor price action and help traders make informed decisions. They don’t open or close trades automatically — their main job is analysis. The key advantage? Indicators eliminate emotional bias. They don’t guess — they calculate. Signals are generated based on precise formulas and algorithms, making your trading more systematic and disciplined.

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Here are 3 highly practical indicators available in MetaTrader 5:

1. Anchored VWAP Indicator

An advanced version of the classic VWAP (Volume Weighted Average Price) — this one lets you set an “anchor point” at key events like session open, important support/resistance levels, or major news.

Trading advantages:

• Dynamic support/resistance zones based on volume

• Fair value analysis after major events

• Great as a directional filter: above anchored VWAP = bullish bias; below = bearish

2. Trend Catcher with Alert MT5

Trend-focused indicator with clear visual cues and customizable alerts.

Trading advantages:

• Stay informed without staring at the charts — alerts notify you of potential trend shifts

• Adaptable to different strategies: tweak sensitivity for aggressive or conservative trading

• Helps avoid counter-trend entries — key for navigating volatile markets

3. LT Super Trend

A trend indicator designed to simplify the process of identifying market direction and potential reversals.

Trading advantages:

• Clear trend signals: up or down

• Reversal alerts you can use to enter or exit trades

• Simple and intuitive — ideal even for visual traders

All these indicators are 100% free for traders. Installation takes just a few clicks: Anchored VWAP, Trend Catcher with Alert MT5, and LT Super Trend.

➡ Download the indicator file

➡ Open your terminal and go to File → Open Data Folder → MQL5 → Indicators

➡ Paste the indicator file (*.ex5 or *.mq5)

➡ Restart the platform — your new tool will appear under “Custom Indicators” and can be added to any chart.

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