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

votes: 19
2015.04.08 15:47
2016.11.22 07:32
notches.mq5 (8.97 KB)view

Original author:

Serkov Alexandr

The indicator draws lines by ascending series of maximums and descending series of minimums.

In an uptrend the lines of maximums are much shorter and can be used as entry points. It is exactly the opposite for a downtrend.

Originally this indicator has been written in MQL4 and was first published in the Code Base on 10.09.2014.

Fig. 1. The Notches indicator

Fig. 1. The Notches indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

i-Spread i-Spread

This spread indicator shows minimum and maximum spread values for the last hour, 4 hours and day.

Ozymandias_v2 Ozymandias_v2

A modification of the popular Ozymandias indicator.


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

Trend Oscillator Trend Oscillator

A trend oscillator that uses the Hodrick-Prescott filter.