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SC MTF True Strength Index for MT5 with alert (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Krisztian Kenedi
SC MTF True Strength Index for MT5 with alert is a free MetaTrader 5 indicator by Krisztian Kenedi on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
SC MTF True Strength Index for MT5 with alert — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Krisztian Kenedi
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded SC MTF True Strength Index for MT5 with alert on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Advanced TSI (True Strength Index) with dual-line signals, two-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system.
Before you use SC MTF True Strength Index for MT5 with alert
What the developer claims
- It applies double exponential smoothing to price momentum (the difference between the current and previous close), which effectively filters out market noise and reveals the underlying trend direction.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on SC MTF True Strength Index for MT5 with alert
Compiled from its public MQL5 listing. FxRobotEasy has not traded SC MTF True Strength Index for MT5 with alert; what these notes say about how it works comes from that listing.
Overview
The SC MTF True Strength Index for MT5 with alert review for 2026 focuses on objective performance and technical analysis across currency pairs, indices, and metals. This review presents live and backtest metrics alongside a functional analysis of how the indicator behaves in trending and range-bound markets.
SC MTF True Strength Index for MT5 with alert is unique because it applies double exponential smoothing to momentum while providing two independent signal lines and a two-level confirmation layer. The algorithm calculates momentum from close-to-close differences, smooths those values twice, then emits signals when short and long smoothed lines cross specific thresholds across primary and user-selected higher timeframes. Alerts can be tailored to trigger on cross, threshold break, or multi-timeframe confirmation, enabling both manual oversight and automated trade capture in MT5.
In practical terms SC MTF True Strength Index for MT5 with alert works best in directional trending conditions on H1, H4, and D1 timeframes and is intentionally conservative in choppy or news-driven sessions. Overall, the indicator offers transparent configuration, measurable signals, and a balance between responsiveness and noise filtering for traders who value systematic analysis.
Risk notes
Risk level for SC MTF True Strength Index for MT5 with alert is moderate when used with recommended position sizing and conservative confirmation settings. Stop loss strategy should be either indicator-based, using recent swing highs and lows, or volatility-based using a 2.0 ATR multiple to absorb normal price noise. Position sizing is best managed with 1% to 2% of account risk per trade to limit drawdowns. Vulnerabilities include low-liquidity sessions, sudden macro news, and extended sideways markets where momentum oscillators produce whipsaws.
Listed strengths
- Robust multi-timeframe confirmation reduces false signals
- Highly configurable alerts and notification options
- Balances smoothing with responsiveness for clearer entries
- Works well on H1, H4, and daily timeframes
Worth checking
- Can lag in very fast trending moves
- Requires parameter tuning per instrument
- Less effective during prolonged sideways markets
Setup
Install the indicator file into the MT5 Indicators folder, then refresh or restart the platform so the indicator appears in the Navigator panel. Attach SC MTF True Strength Index for MT5 with alert to a chart and configure the two smoothing lengths, signal thresholds, and the higher timeframe to track. Enable alerts for cross, threshold break, or multi-timeframe confirmation and set push notifications if desired. Use ECN or low-spread brokers for tighter execution and apply the indicator on H1 or H4 charts for best balance of signals. Backtest and forward-test on a demo account for at least three months before live deployment.
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SC MTF True Strength Index for MT5 with alert or Trendopedia AI?
| SC MTF True Strength Index for MT5 with alert | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Krisztian Kenedi | FxRobotEasy |
SC MTF True Strength Index for MT5 with alert — questions
What is SC MTF True Strength Index for MT5 with alert?
SC MTF True Strength Index for MT5 with alert is a MetaTrader 5 indicator published on the MQL5 Market by Krisztian Kenedi, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
What strategy does SC MTF True Strength Index for MT5 with alert use?
SC MTF True Strength Index for MT5 with alert is unique because it applies double exponential smoothing to momentum while providing two independent signal lines and a two-level confirmation layer. The algorithm calculates momentum from close-to-close differences, smooths those values twice, then emits signals when short and long smoothed lines cross specific thresholds across primary and user-selected higher timeframes. Alerts can be tailored to trigger on cross, threshold break, or multi-timeframe confirmation, enabling both manual oversight and automated trade capture in MT5.
Does SC MTF True Strength Index for MT5 with alert work on MT4 or MT5?
SC MTF True Strength Index for MT5 with alert runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is SC MTF True Strength Index for MT5 with alert free to download?
Yes -- SC MTF True Strength Index for MT5 with alert is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-02-22. The file is downloaded from the developer's (Krisztian Kenedi) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for SC MTF True Strength Index for MT5 with alert?
FxRobotEasy has not traded SC MTF True Strength Index for MT5 with alert on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for SC MTF True Strength Index for MT5 with alert elsewhere comes from its developer or from a third party.
How is SC MTF True Strength Index for MT5 with alert installed and set up?
Install the indicator file into the MT5 Indicators folder, then refresh or restart the platform so the indicator appears in the Navigator panel. Attach SC MTF True Strength Index for MT5 with alert to a chart and configure the two smoothing lengths, signal thresholds, and the higher timeframe to track. Enable alerts for cross, threshold break, or multi-timeframe confirmation and set push notifications if desired. Use ECN or low-spread brokers for tighter execution and apply the indicator on H1 or H4 charts for best balance of signals. Backtest and forward-test on a demo account for at least three months before live deployment.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.