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The Holy Grail Indicator is a technical analysis tool for MetaTrader 5, designed to generate entry and exit signals based on two key market indicators: ADX (Average Directional Index) and EMA (Exponential Moving Average).
This MT5 signal and forecasting indicator uses colored arrows to indicate optimal entry and exit points and also displays the latest trading signal on the right side of the chart.
Holy Grail Indicator Specifications Table
Below is a table outlining the general features of the Holy Grail Indicator:
Category | Trading Tool – Signal And Forecasting – Currency Strength |
Platform | MetaTrader 5 |
Skill Level | Intermediate |
Indicator Type | Continuant - Reversal |
Time Frame | Multi Time Frame |
Trading Style | Intraday Trading |
Market | All Markets |
Uptrend Conditions
The chart below displays the NZD/EUR currency pair in a 1-minute time frame.
When sellers lose strength, the Holy Grail Indicator generates a green arrow below the candlestick, signaling a Buy Entry.

Downtrend Conditions
The image below examines the AUD/CAD chart in a 30-minute time frame.When selling pressure increases, the Holy Grail Indicator generates a red arrow above the candlestick, signaling a Sell Entry.
Simultaneously, the latest Sell signal appears on the right side of the image.This MT5 Currency Strength indicators downtrend, warning traders that the price is likely to continue falling.

Indicator Settings
The image below displays the settings panel of the Holy Grail Indicator:

- EMA Period: Exponential Moving Average period
- ADX Period: Indicator period
- On Screen Info: Display information on the screen
- Sound Alert ON: Enable sound alerts
- Email Alert ON: Enable email notifications
- Lookback: Number of past candlesticks analyzed
Conclusion
The Holy Grail Indicator is a hybrid trading tool for MetaTrader 5, utilizing ADX and EMA to generate entry and exit signals.
A unique feature of this MetaTrader 5 Trading Assist indicator is its ability to display the latest trading signal on the right side of the chart.
On which trading platforms is the Holy Grail Indicator available?
The Holy Grail Indicator is available on MetaTrader 4 and MetaTrader 5 for traders.
How does the Holy Grail Indicator generate entry and exit signals?
This trading tool displays green and red arrows above and below the candlesticks to indicate buy and sell signals.