CodeBaseSections
Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

VR Atr pro Lite MT5 - indicator for MetaTrader 5

Vladimir Pastushak | English Русский 中文 Español Deutsch 日本語 Português
Views:
5017
Rating:
(7)
Published:
2018.07.13 15:15
Updated:
2018.08.30 13:03
Download as ZIP, How to download code from MetaEditor
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This indicator calculates the price motion potential and shows the trader price levels, at which the price loses its strength or just becomes weaker.

This information allows you to see whether it would be reasonable to trade and whether the currency is strong enough to move on, as well as helps you identify the levels, within which it would be reasonable to place your own Stop Loss and Take Profit levels.

The light version draws blue rectangles. The upper level of the rectangle is the upper level of the price strength; if this level is reached, price weakening is highly probable. Fur buy positions, it is better to place Take Profit below the upper level. For sell positions, you'd better place Stop Loss above that level.


Benefits:

  • There are Full Versions for MetaTrader 4 and MetaTrader 5
  • Easy to install
  • Easy to read its indications
  • Simple and suitable for both newbies and experienced traders
  • Work on any timeframes
  • Works with any financial instruments, such as Forex, CFD, BitCoin, Metals, and CryptoCurrency
  • There are no excessive, distractive elements - the indicator performs its task accurately and shows potential price movements

This is a light, mostly demo version of indicator VR Atr Pro available in the Market

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21149

Candle shadows v1 Candle shadows v1

Candlestick size and shadow analysis. In OnTradeTransaction, opening (DEAL_ENTRY_IN) and closing (DEAL_ENTRY_OUT) the positions are intercepted, as well as closing by Stop loss (DEAL_REASON_SL).

Area MACD Area MACD

An unorthodox approach to indicator MACD: The EA calculates the indicator's area displayed above and below zero line.

Ang_Zad_C_Hist_Candle Ang_Zad_C_Hist_Candle

A candlestick-based chart based on histograms Ang_Zad_C_Hist calculated on the Open, High, Low, and Close timeseries of the price chart.

SymbolX SymbolX

This indicator calculates the index of a given currency, using the USD index. The Close prices of six currency pairs are used to calculate the index.