MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 1719
- Rating:
- Published:
- 2025.01.29 14:59
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register -
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
Breakeven Line Indicator is a MetaTrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. Additionally, it will calculate the total number trades, the total number of lots, and the distance to the breakeven line in points and profit/loss. The indicator is available for both MT4 and MT5.
You can press the Shift + B keyboard shortcut to hide or show the breakeven line. The indicator supports multiple input parameters to configure the calculations and the looks.
Input parameters
- IgnoreLong (default = false) — if true, the indicator will ignore long positions and will only calculate the breakeven line based on short positions.
- IgnoreShort (default = false) — if true, the indicator will ignore short positions and will only calculate the breakeven line based on long positions.
- line_color_buy (default = clrTeal) — the color for the breakeven line when the total cumulative position is long.
- line_color_sell (default = clrPink) — the color for the breakeven line when the total cumulative position is short.
- line_color_neutral (default = clrSlateGray) — the color for the breakeven line when the total cumulative position is neutral.
- line_style (default = STYLE_SOLID) — the breakeven line style.
- line_width (default = 1) — the breakeven line width.
- font_color (default = clrSlateGray) — text color.
- font_size (default = 12) — text size.
- font_face (default = "Courier") — text font face.
- ObjectPrefix (default = "BEL") — the prefix for chart objects' names. It lets the indicator avoid conflicts with other chart tools.
Negative Volume Index indicator
Negative Volume Index (NVI) is a free technical indicator for advanced chart analysis in MT4, MT5 platforms. It is based on tick volume (can be substituted with real volume in MT5) and has two useful features added: Support for multi-timeframe (MTF) operation. Can be switched to show Positive Volume Index.
Candle Range
Candle Range MetaTrader indicator — is a very simple and lightweight indicator that displays the candle's range in pips on mouseover. In addition, to the High/Low range, it can optionally display the body size (Open/Close) for candles. Multiple display parameters are available to control how the indicator looks. This indicator is available for both MT4 and MT5 versions of the trading platform.
3rd Generation Moving Average MT5
3rd Generation Moving Average is an advanced version of the standard moving average (MA) indicator for MetaTrader. It implements a rather simple lag-reducing procedure based on the longer MA period. The method was first described by M. Duerschner in his article Gleitende Durchschnitte 3.0 (in German). The presented version uses λ = 2, which provides the best possible lag-reducing. Higher λ increases similarity with the classic moving average. The indicator is available for both MT4 and MT5. It does not require using any DLL
Aroon Up, Down MT5
Aroon Up & Down MetaTrader indicator — detecting the local tops and bottoms of the chart it was applied to, this indicator provides the signals for buying and selling the currency pairs when they rise up from the bottom and fall from the top. The cross of the indicator lines provide a good signal to take the profit or to exit with a minimum loss. This indicator can send sound and e-mail alerts on the cross. It is available in both MT4 and MT5 versions.