Watch how to download trading robots for free
Find us on Facebook!
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
Scripts

3 way Aroon value calculation - script for MetaTrader 5

Views:
991
Rating:
(1)
Published:
Updated:
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This script shows 3 ways of calculating the current Aroon Up and Aroon Down values:

  • 1st way by using CopyHigh and CopyLow.
  • 2nd way via iHighest and iLowest.
  • And finally using the Aroon indicator. This indicator has been written by Nikolay Kositsin can be downloaded from the MQL5 library: https://www.mql5.com/en/code/388.

    3 way Aroon Calculation


    Pinbar Detector Pinbar Detector

    This MQL5 indicator identifies Upward (Bullish) and Downward (Bearish) Pinbars, displayed with customizable arrows (lime for upward, red for downward). It allows fine-tuning of detection parameters like tail body ratio and protrusion. Pop-up and push notification alerts signal new pinbars. Ideal for traders seeking precise reversal pattern detection.

    RSI adjusted SuperTrend RSI adjusted SuperTrend

    simple atr supertrend with rsi filter

    A script for a tester that extends the standard MetaTrader 5 optimisation features A script for a tester that extends the standard MetaTrader 5 optimisation features

    This is a tester script that extends the standard MetaTrader 5 optimisation capabilities, allowing you to evaluate strategies according to complex user-defined criteria (with separation into in-sample and out-of-sample periods, advanced metrics and statistical tests).

    Balance Of Power Balance Of Power

    The Balance of Power (BOP) is an indicator originally developed by Igor Livshin in 2001 to measure the balance of power between buyers and sellers during each candle.