Tarzan INDICATOR V1.00 MT5

Tarzan Indicator v1.00 for MT5 is an RSI-based custom indicator that plots a smoothed relative-strength line with color changes and up/down arrows to flag momentum shifts. Published on MQL5.com in 2018 as version 1.0, it requires MetaTrader 5 and needs independent testing before any live use.

Tarzan indicator V1.00 MT5: definition and decision context?

Tarzan v1.00 is an RSI-based custom indicator for MetaTrader 5 whose signal engine reads the relative strength index across a fast and a slow line. According to the vendor MQL5 product page, the indicator was published on 10 September 2018 as current version 1.0, and MetaTrader 5 is required to install the demo.

The same vendor listing describes the fast line as the index reading taken from a higher timeframe and redrawn across the bars that fit within one senior-period bar, while the slow line is a smoothed moving average of that index. For a developer, this matters because the redrawing behaviour affects how signals appear on lower timeframes and how you would replicate the logic in your own MQL5 code.

Because the research bundle contains no independent performance audit, this section stays descriptive: it tells you what the tool is, not what returns to expect. If you are surveying free MT5 indicators and expert advisors, start from the Market news / blog hub and verify every claim yourself before wiring anything into a live account.

Who should consider Tarzan indicator V1.00 MT5?

Tarzan v1.00 suits developers and technical traders who already work with oscillator logic in MQL5 and want a signal layer they can inspect, backtest, and modify rather than a black box. An independent listing frames it as an RSI channel tool aimed at day and swing traders on Forex.

The IndicatorSearch overview describes Tarzan as an RSI-based oscillator that plots a central smoothed-RSI line inside a channel, changing colour based on RSI position and placing up or down arrows on channel entries; it lists M15–H1 as the working timeframes. That profile fits traders who read momentum through zone interactions rather than single crossovers.

It is worth noting the vendor page also surfaces unrelated recommended products such as a Fractals indicator, which is marketplace cross-promotion, not an endorsement of Tarzan's accuracy. Do not extrapolate suitability beyond what these sources actually state. If you are evaluating who publishes these guides, our About page explains the editorial approach.

Benefits and practical limitations

The practical benefit of an RSI-channel indicator like Tarzan is clearer, filtered entry cues; its main limitation is that momentum tools lag price and can whipsaw in ranging markets. Treat both as design trade-offs, not guarantees.

On the upside, colour-coded lines and arrows reduce the manual effort of reading raw RSI, and a channel construction can suppress some noise around overbought and oversold zones. For a developer, an indicator whose logic is documented is easier to reimplement, debug in MetaEditor, and stress-test than an obfuscated one.

The limitations are equally concrete. Any indicator that redraws or references a higher timeframe can repaint on lower periods, so a signal visible mid-bar may shift after the bar closes. That behaviour can flatter a naive backtest. There is also no independently verified live track record in the available sources, so no benefit here should be read as an expected outcome. Before trusting any arrow, run the indicator through the MT5 Strategy Tester across multiple symbols, spreads, and market regimes. If a specific signal behaviour looks wrong, document it and reach out via Contact so it can be investigated properly.

MT5 expert advisor free download and the reader decision

If your goal is to turn Tarzan's signals into an automated MT5 expert advisor, the decision hinges on how mechanically its rules can be expressed in code, not on a promised download. The vendor documentation gives you settings to work from but no ready-made EA.

The MQL5 product page lists configurable inputs including TimeFrame, RSI_period, applied price, MA_period, smoothing method, and alert, email, and push-notification toggles. Those parameters map cleanly onto MQL5 code: you would read the indicator buffers in OnTick, apply your entry and exit conditions, and route orders through OrderSend or the CTrade wrapper.

The same source, when defining a separate recommended product, notes that a fractal is classically an extremum candlestick on the chart — a reminder that many MT5 tools bundle standard concepts you can code yourself. A "free download" is not the deciding factor; verifiable logic and clean backtests are. Do not extrapolate performance beyond the cited settings documentation. To save your own tested configurations, you can Register an account.

For the latest pricing, licence terms, or to download , visit yoforex.net — the official YoForex platform where their INDICATOR and related trading tools are listed.

Expert advisor MT5 free download and the reader decision

When you search for a free MT5 expert advisor built on an indicator like Tarzan, the safe default is to treat any downloadable EA as untested until you prove it in your own environment. Cost is not a proxy for quality or safety.

Free tools can be legitimate learning material, but they can also embed unverified logic, aggressive money management, or hidden dependencies. Because no source in this bundle provides an audited EA or live results, this section stays qualitative by design: evaluate the code, not the marketing around it.

A practical decision checklist for a free EA download: read the source or decompile-check what you can, confirm it compiles cleanly in MetaEditor, run it in the Strategy Tester with realistic spread, commission, and slippage, and forward-test on a demo account before committing capital. Under the CFTC and NFA framework that governs US retail forex traders, no third party can promise outcomes, and most retail accounts lose money — so size risk conservatively regardless of how a backtest looks.

Conclusion

Tarzan Indicator v1.00 for MT5 is a documented, RSI-based custom indicator from 2018 that can inform momentum entries, but nothing in the available evidence supports treating it as a profit engine. Use it as a signal layer you test, not a shortcut.

The supported facts are narrow: it is an RSI oscillator with a fast and smoothed slow line, version 1.0 published in September 2018, requiring MetaTrader 5, with configurable RSI and smoothing parameters. Everything beyond that — accuracy, edge, or returns — is unverified in this bundle and should not be assumed.

Your next step is engineering, not downloading: rebuild or wrap the logic in MQL5, backtest it honestly in the Strategy Tester, and forward-test on demo before any live deployment. Keep vendor claims separate from your own measured results.

Support & Disclaimer

Support

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Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.

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