The MetaTrader 5 platform are preloaded with hundreds of indicators like moving average, Bollinger Bands, and so on.
To add indicators to your chart:
Click on insert and then click on indicators
Select the type of indicator you want.
Alternatively, you can select the indicators from the navigator window.
Simply click on the “indicators” to expand the list
Select the type of indicator you want, and it will be added to the chart.
How to install indicators on MT5
To install an external indicator on MetaTrader 5:
Navigate to the file option on the upper left corner of the platform
Select the “open data folder”
A folder will be pop up on the screen, find and click on the folder named “MQL5”
Click on the “indicators” folder
From the folder, find and choose the indicator you want to install
Close the folder and the MetaTrader 5 platform
Restart the platform and the indicator will be installed
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