CodeBaseSections
Watch how to download trading robots for free
Find us on Twitter!
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

Premium Discount Range Mapper - indicator for MetaTrader 5

Talal N Z Aljarusha
Talal N Z Aljarusha

Talal N Z Aljarusha

4.5 (8)
Building innovative trading technologies that empower traders to better understand financial markets, improve decision-making, and optimize their trading workflows.
Every solution is designed with a strong focus on reliability, performance, usability, and continuous innovation.
4 products 5 codes 1 topic 7 comments
| English Русский 中文 Español Deutsch 日本語 Português 한국어 Français Italiano Türkçe
Views:
2756
Rating:
(2)
Published:
Download as ZIP How to download code from MetaEditor
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Range mapping example

Premium Discount Range Mapper is an educational MetaTrader 5 indicator for mapping a selected price range into Premium, Equilibrium and Discount areas.

The purpose of the tool is to give traders a clean visual reference while studying market context. A trader can define the active range manually, or allow the indicator to calculate the range automatically from the selected lookback period.

Once the range is defined, the indicator displays the upper part of the range as Premium, the middle level as Equilibrium, and the lower part as Discount. These areas are not trading signals by themselves. They are only visual reference zones for manual analysis.

Main features:

  • Premium area
  • Equilibrium 50% level
  • Discount area
  • Range High and Range Low
  • Optional 25% and 75% reference levels
  • Manual or automatic range selection

Input logic:

If the manual range high and range low inputs are left at 0, the indicator uses the highest high and lowest low from the selected lookback period. If the user enters manual values, the indicator draws the zones from those custom levels.

This indicator is intended for chart study and educational analysis. It does not place trades, does not provide buy or sell signals, does not predict market direction and does not guarantee results.

RealCost XAU Session Cost Snapshot MT5 RealCost XAU Session Cost Snapshot MT5

Open-source MT5 script that records XAUUSD/GOLD symbol settings, spread, tick value, contract size, volume step, stop/freeze levels, swap, and account context to the log and optional CSV.

Profit Concentration Analyzer Profit Concentration Analyzer

A native MQL5 script that measures how concentrated a strategy's profit is — whether the edge is broad or rests on a few lucky trades. It reads a per-trade CSV (Date,Profit) and reports the share of net profit from the largest trades, the Gini coefficient of the winners, a concentration profile, a survival test that removes the best few trades and recomputes net profit and profit factor, and the largest single day versus a configurable consistency limit, combined into a concentration-and-consistency score (A+ to F) with recommendations. If no file is found it generates a sample set, so it runs out of the box. No external libraries, no Python, no AI. The helper ExportTrades.mq5 writes the file from your trade history.

OnChart Candle Countdown Clock OnChart Candle Countdown Clock

On-Chart Candle Countdown Clock is a simple indicator created to display the countdown timing of the last candle on any time frame.

Spread Calculator Spread Calculator

Spread calculator is created to display the current spread on any currency pair on the chart.