MetaTrader 5 Center of Gravity (COG) Indicator Download - Free [Trading Search] - MT4/MT5 Resources

On July 22, 2025, in version 2, the indicator added alerts/notifications and signals functionality

The Center of Gravity (COG) indicator is an oscillator based on the moving average mid-price indicator available on the MetaTrader 5 (MT5) trading platform.

COG indicator signals use two colors: green for an upward trend and red for a downward trend. These signals help traders identify market trend changes in a timely manner.

COG Indicator Table

Indicators at a glance

The Center of Gravity indicator is suitable for traders to identify trends and identify market movements. This trading tool uses two oscillating lines to detect trends: a blue line represents the trend and a red line acts as a trend confirmer.

Traders can use the intersection of the blue line as confirmation of a trend and as a potential entry point for trades.

trend reversal signal

On the 4-hour chart of the USD/CHF currency pair, price action is uptrend following a downtrend. In this case, the COG indicator first shows a downtrend in red and then confirms an uptrend in green as the trend turns bullish.

Divergence of the COG indicator

On the 15-minute Nasdaq (NAS100) chart, price is trending upward while the COG indicator is showing divergence. After continuing to rise, the price began to fall at 18398.1 and started a downtrend.

COG indicator settings

• Period: Select the period (COG)
• Price: Select calculation type based on moving average

Conclusion

The Center of Gravity (COG) indicator is an MT5 Oscillator used to predict price trends and help with trend analysis. The COG indicator allows traders to identify market trends and accurately predict trend changes.