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

2011.05.02 19:14

DRAW_COLOR_BARS - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 11

An example of indicator, that draws bars for the specified instrument in a separate window.

The color of bars changes randomly every N ticks. The N parameter of indicator is made as external so that you can adjust it manually (the Inputs tab of indicator properties dialog box). Note, that initially there are 8 colors set for the plot1 graphical plotting (with the DRAW_COLOR_BARS style) using the #property compiler directive. Then, in the OnCalculate() function the color is chosen at random from 14 colors stored in the colors[] array.

See also The Drawing Styles in MQL5 article.


Translated from Russian by MetaQuotes Software Corp.
Original code:


The DRAW_COLOR_ZIGZAG style draws lines of different colors by values ​​of two indicator buffers. This is the color version of the DRAW_ZIGZAG style and allows you to specify individual color for each line from predefined color set.


The DRAW_COLOR_ARROW drawing style plots the color arrows (symbols from Windings font).


The DRAW_COLOR_CANDLES style (as DRAW_CANDLES) draws candlesticks based on values of four indicator buffers, containing Open, High, Low and Close prices. In additions it allows you to specify color for each candlestick from a given set.

Kaufman Volatility Kaufman Volatility

Kaufman Volatility indicator according to Perry Kaufman book "Smarter Trading: Improving Performance in Changing Markets".