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MQL5 Source Codes of Technical Indicators for MetaTrader 5
MQL5 technical indicators analyze MetaTrader 5 price charts on Forex, as well as stock and commodity markets. Indicators define trend direction and power, overbought and oversold states, support and resistance levels. Underlying mathematical models provide objective assessment of the current market state allowing traders to accept or reject trading system's signals.
You can download and launch offered indicators in MetaTrader 5. The library of indicators is also available directly from MetaTrader 5 platform and MetaEditor development environment.
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This indicator calls 3 other subwindow indicators. All files go in your Indicators folder.
The Custom MA Cross with RSI Indicator for MT5 is a versatile trading tool designed to help traders identify trend changes and filter entries using momentum. This indicator combines two moving averages (MA) with the Relative Strength Index (RSI), offering clear buy and sell signals.
This indicator will shows the time remaining until the end of the candle. You can choose colour and the font size.
A moving average of pure tick volume with histogram bars tracking bullish/bearish candle color
Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.
Indicator for calculating the average price of open positions, you can use the magic number if you want to separate the positions of just one robot, but the zero number is for manual operations.
Better Volume is an advanced indicator designed to analyse the behaviour of volume on price charts. It combines volume information with metrics such as candlestick range and moving averages to identify important patterns in the market, such as buy/sell climaxes, churn and weak candles. With its dynamic visual interface and volume categorisation, the indicator offers valuable insights for traders who want to make informed decisions based on volume flow.
The "Net Volume" indicator shows the volume taking into account the pressure of sellers and buyers
The XMA_Ishimoku indicator with additional trend strength indication using colored dots based on the standard deviation algorithm. The original code in the attached link had plotting problems.
A volume oscillator is a useful technical analysis indicator that predicts the strength or weakness of price trends
EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It's not just a current drawdown indicator; it's especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.
Kuskus Starlight is an oscillator that utilizes a Fisher price transformation to identify trends and potential reversals. The original MT4 code by Scriptor is available at: https://www.mql5.com/en/code/8365.
This is a simple analytical (non-signal, one-time calculated) indicator that allows you to test the hypothesis that price timeseries represent a "random walk", specifically Gaussian "random walk". This can help to construct a parametric transformation of price increments into evenly distributed, more stable and predictable time series, at least in terms of volatility.
Construct a moving line with a polynomial of 4 degrees. Extrapolates the sinusoidal and its axial. The constructed lines remove one value at each bar and a sliding line of extrapolated values is constructed which is not redrawn.
This is the exact conversion from pine script code by LonesomeTheBlue.
This is an indicator that evaluates FVGs in the inputted "window_size" to detect momentum or trend strength.
A static zigzag which connects the intersections of a moving average crossover
A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
This is a simple indicator to display histogram of custom bars' durations in minutes. Applicable for renko boxes, PnF, equivolume bars, etc.
The T3 Indicator is an advanced moving average that combines six exponential moving averages to provide smoother price action with reduced lag compared to traditional moving averages.
Zig Zag indicator that relies only on a minimum % of retracement to each previous wave , and optionally , being bigger than a specific size measured in atr units.
A zigzag indicator that uses a single input to adjust the step size for detecting wave direction changes
The indicator plots two lines. The lower line is calculated based on the latest SMA period that caused a bounce up. The upper line is calculated based on the latest SMA period that caused a bounce down.
An indicator which visualizes how volume changes over time within each bar. It shows tick volume in a rolling histogram format.