• ⏰ Daily Downloads: Indicators & Trading Systems Of The Day

Posted: **Fri May 23, 2025 7:49 pm**

May 23 2025

The "Elastic" Volume Weighted Moving Average (EVWMA) is an improved version of the VWMA that adapts to changes in trading volume. Thanks to Mrtools, this code is now available on MT5 & comes equipped with ATR Bands & Price Filtering. Check it out, here: post1295566008.html#p1295566008

Posted: **Mon May 26, 2025 7:31 pm**

May 26 2025

Analysts using Dynamic Zone indicators will be pleased to know that Quantile Bands are identical, & we are starting to publish Dynamic Zone indicators for MT5 (no .dll). Mrtools has released Mladen's Polychromatic Momentum, featuring Divergences here: post1295566064.html#p1295566064

Posted: **Tue May 27, 2025 7:10 pm**

May 27 2025

The TCS (Trend Correlation Strength) by SEC7, is a modern ADX for the Spot FX market. Recently tweaked by Mrtools to use Jurik Smoothing instead of EMA Smoothing, it now also features selectable Pearson or Spearman Correlation & a custom MT4 timeframes: post1295566233.html#p1295566233

Posted: **Wed May 28, 2025 7:30 pm**

May 28 2025

Due to a suggestion from a long-time member, Mrtools has introduced a Step Moving Average of Adaptive RSI EMA for MT5. With default settings & Floating Levels activated, this tool serves as a low-lag indicator for assessing breakouts on the 1H charts: post1295566254.html#p1295566254

Posted: **Mon Jun 02, 2025 9:10 pm**

June 2 2025

This is the TDI Donchian Channels for MT5 by Mrtools. It was made for our senior member Taxiu (太虚一毫) & uses the Donchian Channels for the indicator's Volatility Bands instead of the standard TDI "VB" 34-period Bollinger Bands. Try it out, here: post1295566611.html#p1295566611

Posted: **Tue Jun 03, 2025 7:40 pm**

June 3 2025

For MT5 traders who focus on price action & market structure, be sure to check out our contributor Funchi's very latest range of MT5 tools including his educational indicator which displays the Highest Low & Lowest High (HL/LW) on chart for you: post1295566693.html#p1295566693

Posted: **Fri Jun 06, 2025 7:29 pm**

June 6 2025

Our senior member Abdi has created a new version of the MT4 "Bollitoucher" (Bollinger Bands Touch) indicator which now includes Joe Ross's "Gimmee Bar" reversal signal used for trading sideways markets. Be sure to check out his code & more info, here: post1295566827.html#p1295566827

Posted: **Mon Jun 16, 2025 7:43 pm**

June 16 2025

Following the completion of updates to our site, this week's Daily Download starts with Kvak's new VWAP (Volume Weighted Average Price) Daily-Weekly-Monthly display for MT4. It comes with a range of options including "Ratio Averages" & much more. D/L: post1295567169.html#p1295567169

Posted: **Tue Jun 17, 2025 7:48 pm**

June 17 2025

For the most advanced TDI traders, this is Mrtools's Double Volatility Bands TDI with Divergences for MT4. This version offers the highest amount of "Color Change on Slope" options to date & is ideal for analysts who require total customization. D/L: post1295567223.html#p1295567223

Posted: **Wed Jun 18, 2025 7:55 pm**

June 18 2025

Ehlers's Inverse Fisher Transform is a formula which enhances traditional oscillators into clearer & more precise indicators for entry & exit opportunities. Now, Mrtools has released a new, non-repainting IFT RSI for MT5 traders with many RSI options: post1295567450.html#p1295567450