MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal

Source code library - Expert Advisors, Indicators and Scripts

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MQL4 Source Codes of Technical Indicators for MetaTrader 4

The library of technical indicators for MetaTrader 4 developed in MQL4. Regardless of the market (forex, securities or commodity market), indicators help to represent quotes in an accessible form for easy perception.

This section contains thousands of applications that analyze financial markets using different algorithms. Conventionally, they can be divided into a few categories: trend indicators, oscillators, volume indicators and so on. In addition, there are sets of indicators based on algorithms by famous financiers. For example, Bill Williams' indicators and likes of it. All of them are characterized by different parameters of reliability, efficiency, lagging and others. There are more than 2000 indicators for technical analysis: trend indicators, reversal indicators, indicators of levels, predictors, scalping indicators and many others.

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Pivot points - Midpoints, H4, Daily, Weekly, Monthly.

The indicator is a combination of MA channels and Bollinger Bands.

The indicator displays Market Sessions.

The indicator computes the volume-adjusted flow of a currency considering all currency pairs available on your platform.

A tool to better visualize price action using a higher timeframe.

Fractal volatility indicator based on Bollerslev Model.

Change of the spread is being reflected in the candlestick formation, which you can use to more accurately place your stops and not get kicked out of a trade when it might just be challenging a price before making a huge swing in the direction you initially placed your trade.

This is a fast adaptation of old source to MetaTrader 4 b600 environment.

Draws horizontal grid lines at specified distances.

The indicator shows trade signals using combined Stohastic with breaking of High/Low by Moving Average.

Forex indicator ChainPriceRSI is based on the RSI and MA indicators.

The indicator shows top and bottom ranges of price movement.

Modified Nick Bilak's b-clock with spread (ask-bid) and font customization (font, color, size).

This indicator shows Bollinger and ATR Bands.

BBMACD_v2 is the Bollinger Bands® and MACD indicator in the same place at separate window version 2.

BBMACD is the Bollinger Bands® and MACD indicator in the same place at separate window.

TMA Slope indicator.

Smoothed RSI indicator.

Smoothed ATR indicator.

Smoothed CCI indicator.

The indicator plots trade history on the chart and account informaton.

Correlation between 8 currencies.

Implementation of zero lag countdown timer.

Some basic information which every trader needs.

MACD Momentum indicator (The Red line is the Momentum 10 of the histogram MACD, smoothed 3).

This indicator helps to find possible support/resistance areas after a trend has developed.

A few oscillators (RSI, CCI & PercentRange) drawn in the chart window.

Once the price closes above or below the two moving (60 &100) a signal is generated. Signal must be generated ONLY in-case the price closes above/below the TWO lines.

BBWin is the Bollinger Bands® indicator in the separate window with trend lines.

The indicator shows candle end time and current spread.

Traces the output of indicators by buffer. Output can be changed on the chart by moving the VL left or right.

The indicator helps to find the correct trend before enter the market.

Trading information with Fractal trend.

The indicator calculates and draws the highest, lowest and median point of certain period.

This indicator will write value degrees of the lastest position of price at the current timeframes, and when position and condition of trend status was changed, the indicator will give an alerts.

3 EMA Crossover Indicator.

This indicator based on a 5 period simple moving average detects trends: if there is an uptrend then shows green bars, if there is a downtrend then shows red bars, if there is a weak trend then shows yellow bars.

Average Modified Moving Average.

Detects Head Fake Patterns which are effective in trading reversals.

Advanced ADX indicator.

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