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Introduction to the Trading Central Indicators for MT5

Introduction to the Trading Central Indicators for MT5

Trading Central Alpha Generation Indicators is the latest addition to Phillip MetaTrader 5. From daily analyst views, real-time candlestick pattern recognition, and long & short entry/exit signals on the chart, these features aim to empower the trader to make more informed trading decisions.
 

Analyst View – Key Levels to craft your trade

Leave the analysis to the experts, and use the output of our analysis to craft your trades. Get an instant viewpoint on our preferred direction along with target levels. Discover our alternative scenario based on a pivot level where we would change our view and offer target levels in the opposite direction.  

Adaptive Candlestick – Expert Filtering for What’s important

This MT5 indicator scans for sixteen of our favourite time-trusted candlestick patterns, instantly on any chart! We combine candlesticks with our unique quantitative and technical analysis expertise to focus in on only those patterns that are relevant for decision making based on current context.  

Adaptive Divergence Convergence Price Chart Marks – Long & Short Entry/Exit Signal

Labels help you spot trading opportunities: ↑ (long), LX (long exit), ↓ (short), SX (short exit). Signals are based on the status of all ADC components including price lines, indicators and oscillators. While these components all derive from the same adaptive "window" of market data, they do have some independence from each other so we can make decisions based on weight of evidence.  

Adaptive Divergence Convergence Lines – Raw & Smooth Lines

For fast signals, look for upward sloping lines and ADC raw above ADC smooth as your buying signal. For slow signals, look for both ADC raw and smooth to be above 0. Like the MACD, the raw signal line plots the difference between slow and fast indicators (divided by slow) and this is smoothed with exponential averaging, but in this case we find the smoothing length automatically, typically around 4 unlike MACD's 9.  

Adaptive Divergence Convergence Oscillator – Oscillator Slow & Fast

ADC has two compatible oscillators. For fast signals, look for the fast oscillator to be sloping up and above zero. For slow signals, look for the fast oscillator to be above the slow; or look for the slow oscillator to be sloping up, below the fast oscillator, and above the adaptive filter.  

Download and Set-up

Is this your first time?

Download the plugin file and double-click the file to execute it. A simple wizard guides you through the process in your language of choice.

Find our indicators

Locate Trading Central indicators along with the others in your MetaTrader indicator list.

Drag and drop

Simply drag an indicator onto the chart and get actionable insights immediately! Get started with our original Analyst Views indicator.