Watch how to download trading robots for free

Find us on Telegram!
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

Published by:: Nikolay Kositsin
Views:: 15251
Rating:: (22)
Published:: 2012.02.08 16:47
Updated:: 2016.11.22 07:32

buysell.mq5 (7.95 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

bobik

This indicator shows the "ultimate support/resistance" levels of current trend. Trend changes is shown with color rectangles, trend direction is shown with colored dots. The direction of trend is determined by dynamics of moving average, the support/resistance levels depend on current volatility and calculated using the Average True Range (ATR) indicator.

This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 26.04.2008.

BuySell indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/785

StoDiv

This typical signal indicator is based on Stochastic oscillator and Fractals technical indicators.

J_TPO_Velocity

Typical unnormalized oscillator displayed as a color histogram.

DailyRange

The indicator calculates forecast prices of the daily price range. It shows resistance and support levels of current day using the prices of the previous day.

J_TPO

Normalized oscillator displayed as a histogram.

BuySell - indicator for MetaTrader 5