Download MetaTrader 5

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

2016.10.05 15:58
Indicators

4MA Candles - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Published by:
Mladen Rakic
Views:
1253
Rating:
votes: 15

It is simply showing candles based on 4 averages : average of Open, Close, High and Low. 4 basic types of averages included (simply, smoothed, linearly-weightend, exponential).

I recommend some experimenting with calculating periods.

 


Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/16506

MA Ribbon MA Ribbon

The indicator shows the areas, where fast MA and slow MA cross.

New Bar Alerter New Bar Alerter

Indicator sends the alert when new bar is formed.

UniOscillator UniOscillator

The oscillator based on RSI with adjustable period and color scheme.

MHL Average MHL Average

Middle-High-Low Average - a correlation of two averages.