Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 6051
Rating:: (21)
Published:: 2017.05.29 15:53

RiskSpread.mq5 (10.03 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author: VadimVP

The indicator draws a color filled channel at a distance from the current price, which is equal to the current spread multiplied by ten.

In other words, the indicator draws an area, trading inside which would most likely bring loss. It is especially useful for currency pairs with huge spread values.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 22.11.2010.

Fig.1 The RiskSpread indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18191

Move Trend line

The script finds on the chart all OBJ_TREND (trendline) objects and moves the line to the specified date with the specified price shift.

XMA_Keltner_Pivot_HTF

Two colored filled rectangles with the display of channel levels. The rectangles are drawn between the values of two Keltner channels on one bar of any timeframe of the XMA_KLx5_Cloud indicator.

PercentageCrossover

A Moving indicator that does not use averaging in its code.

PercentageCrossoverChannel_System

The indicator implements a breakthrough system using the PercentageCrossoverChannel channel.

RiskSpread - indicator for MetaTrader 5