The SMI Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels. It is designed to help traders identify entry and exit points in the Forex market. The indicator works by comparing the current price to the previous period’s price. The SMI Indicator MT5 is a powerful tool for traders looking to maximize their profits in the Forex market. It is easy to use, free, and provides traders with accurate and reliable signals.