Watch how to download trading robots for free

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

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


BackgroundCandle_SimpleBars_HTF - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português

votes: 28
2014.08.06 15:20
2016.11.22 07:32

The indicator draws candlesticks of a larger timeframe as color filled rectangles using DRAW_FILLING buffers. Rectangles are color filled in accordance with the values of the SimpleBars indicator.

Depending on trend direction the candlestick body is painted in green or red, shadows are painted in the lime or orange color.

The indicator requires the compiled indicator file SimpleBars.mq5 for operation. Place it to terminal_data_folder\MQL5\Indicators\.

Figure 1. Indicator BackgroundCandle_SimpleBars_HTF

Figure 1. Indicator BackgroundCandle_SimpleBars_HTF

Translated from Russian by MetaQuotes Software Corp.
Original code:

RegressionPolynomial_HTF RegressionPolynomial_HTF

The RegressionPolynomial indicator with the timeframe selection option available in input parameters.

MaByMaSignal MaByMaSignal

A semaphore signal indicator that uses the algorithm of crossing of two Moving Averages obtained from two consecutive averages.

LarryWilliams_MinMax LarryWilliams_MinMax

A MetaTrader 5 indicator of short-term, medium-term and log-term extreme points created based on the book of Larry Williams "Long-term secrets to short-term trading".

BvsB BvsB

An indicator for trend following trading implemented in the form of a colored cloud.