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: 8
2018.07.13 15:20
MPO.mq5 (10.71 KB)view

Indicator MPO (Midpoint Oscillator) displays price movement without its trend component around its centerpoint. It is displayed as two lines: Price movement line and signal line. Centerline (MidPoint) is zero level of the oscillator.

The indicator has three configurable parameters:

  • Period - price line calculation period;
  • Smoothing period - signal line calculation period;
  • Smoothing method - signal line smoothing method.


MidPoint = 100.0 * (2.0 * Close - Max-Min) / (Max-Min)
Signal = MA(MidPoint,Smoothing period, Smoothing method)


  • Max, Min - the highest and the lowest values within Period

Translated from Russian by MetaQuotes Software Corp.
Original code:

LeManStop LeManStop

Trend-following indicator LeManStop is a representative of system LeMan and displays Stop Loss levels for the existing positions in the chart. It draws two Stop Loss lines for Long and Short positions, displayed in different colors.


Indicator GB (Gaussian Bands) works in the same manner as standard indicator Bollinger Bands. However, unlike the former, it performs filtering centerline and deviation lines by Gaussian method. It also has two deviation lines on each side of the centerline.


Indicator PVO (Percentage Volume Oscillator) represents a momentum for the volume. It calculates the difference in the percents of large MA between two moving averages based on volumes.


Indicator RMI (Running Median Indicator) is a moving average with the "Running Median" filtering algorithm.