Free MT5 indicators
5 indicators for MetaTrader 5 that draw structure, sessions, trend and currency strength on your chart. They are free to download, with no sign-in.
Coach tools, not signals
- These are coach tools. They have no buy or sell signals, no entry, stop or target levels, and no win rates.
- A "Setup Strength" grade, where an indicator shows one, is a probability read on how clean the structure is. It is never an instruction to trade.
- MT5 only. MT4 versions are not available yet.
Indicators describe what price did. They do not tell you what to trade, and they do not predict what price will do next.
Install one in MT5
- In MT5, open File → Open Data Folder.
- Go into MQL5 → Indicators.
- Paste the
.ex5file there. - Back in MT5, right-click Indicators in the Navigator (Ctrl+N) and choose Refresh.
- Drag the indicator from the Navigator onto a chart.
Lesson 13.2 walks through it step by step, with inputs and templates. Check the md5 below against your downloaded file if you want to be sure it is the file we published.
The indicators
-
SMC / ICT Toolkit
MT5 ONLY · VERSION 1.04What it draws: Market structure: swings, BOS/CHOCH, order blocks, FVGs, liquidity pools and sweeps, plus a neutral Setup Strength gauge.
What it does NOT tell you: No entry/SL/TP plan, no BUY/SELL direction, no win-rate/track-record stats.- File
pipstone_smc.ex5- Size
- 73.0 KB (74,718 bytes)
- md5
9d80e22aba5c677024ad41b7b00d8e09- Lesson
- 13.3
-
Session Liquidity Map
MT5 ONLY · VERSION 1.03What it draws: ICT kill-zone boxes, PDH/PDL/PWH/PWL/Asia/session liquidity lines, daily Quarterly Theory tints, and a neutral cyan diamond where a level was swept and price closed back inside; dashboard.
What it does NOT tell you: Whether a sweep will reverse; no entry/stop/target; no performance claims.- File
pipstone_session_liquidity.ex5- Size
- 52.6 KB (53,858 bytes)
- md5
c371fdbca5b73c08426b878148b9cbf9- Lesson
- 13.3
-
Trading Session
MT5 ONLY · VERSION 1.01What it draws: Shaded Sydney / Tokyo / London / New York session windows on the chart.
What it does NOT tell you: Anything about direction or trade timing beyond when sessions are open.- File
tradingsession.ex5- Size
- 15.2 KB (15,608 bytes)
- md5
bbd2342358d759c2aed2fc24d6118d2a- Lesson
- 13.3
-
Trend Regime
MT5 ONLY · VERSION 2.01What it draws: EMA50 coloured by regime (up/down/range), EMA20 reference, pullback dots, and a neutral diamond at pullback-resumption bars carrying an A/B/C Setup Strength grade; regime/ADX/pullback dashboard.
What it does NOT tell you: The grade is a probability read on the setup, not an instruction; no direction call, no entry/stop/target, no win rates.- File
pipstone_trend_regime.ex5- Size
- 31.9 KB (32,688 bytes)
- md5
07ac146baf9e46d36e4b9e7ea1e5dd10- Lesson
- 13.4
-
Currency Strength Matrix
MT5 ONLY · VERSION 1.10What it draws: Dashboard ranking the 8 majors by 28-pair RSI strength with bars, plus a descriptive Base-vs-quote row (flags a wide rank gap).
What it does NOT tell you: No trade idea, no LONG/SHORT, no entry/stop/target; nothing about how often a wide gap is followed by a move.- File
currency_strength_matrix.ex5- Size
- 46.4 KB (47,476 bytes)
- md5
99ad48179debcd962352048e9919232c- Lesson
- 13.5
Learn to read them: lesson 13.3, lesson 13.4, lesson 13.5. Module 13: Toolkit