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

2008.05.17 05:41
Indicators

Support - Resistance - indicator for MetaTrader 4

| English Русский 中文 Español Deutsch 日本語 Português

Views:
20929
Rating:
votes: 5

Below are two indicators:





Support-Resistance Indicator, as its name says, is intended to detect and display Support/Resistance levels.


The midline is the mean value between support and resistance.


The indicator has an external parameter, it's its window width. Thus, you can see daily levels on a one-hour chart, if you set the window width to 24.



SR-Rate Indicator shows the boarder the price is closer to.



OneSideGaussian must be stored in \libraries.


Of course, you should store the other two files in \indicators.



To my opinion, they should be used all together only.



I'm sorry for too few comments on it, but I'm sure that you can sort out 10 KB of simple code yourselves. Especially as because I tried to write in a good style, the names of variables correspond with their purposes.



I'm looking forward to your ideas and opinions about this program. The more so because this is my first performance on this website.


Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7926

Pattern Searching ZigZag Pattern Searching ZigZag

Building in the current window a ZigZag calculated on a larger timeframe.

FX-CHAOS FX-CHAOS

Draft EA that works on H4, first entering on daily chart. It uses Ryan Jones' Fixed Ratio money management method and "reverse pyramid.

MACD_color MACD_color

The indicator colored in the AC/AO style with disabled zero bar. It is proposed not to display the forming bar of the indicator, but to show only a signal line of the bar being formed.

Volatility.mq4 Volatility.mq4

The indicator shows the volatility of a currency pair. This knowledge may be very helpful when using one strategy or another.