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How to Write an Expert Advisor or an Indicator

Top indicators for MetaTrader 4 based on user ratings - 24

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New Design - New Opportunities.

The indicator helps to use the Elliott waves, as described in the book "Trade Chaos" by Bill Williams.

An indicator based on Lows and Highs of last 16 candles + RSI reading. Describes trend as Flat, Trending Up, Breaking Out Upwards, Trending Down, Breaking Out Downwards.

Draws an ATR envelope surrounding price action and assists you in setting proper stoploss and takeprofit levels.

Writes days of week above candles.

Displays open position: Symbol + Lots + Points + Profit (Updated for MT4 Build 600)

Second-by-second candle timer not dependent on incoming ticks. New candle alert option. Automatic Broker GMT and Daylight Saving Time adjustment.

Tick volumes drawn by days as a histogram of clusters.

The indicator was developed to help analyze the interesting strategies, and also to practice and gain experience in analyzing the signals on history data in the selected strategy.

Displays important parameters, which can change during news release or on Fridays before closing.

The indicator displays the total lot and profit for the current instrument.

Advanced Bollinger Bands indicator.

This code was written as an indicator. It adds top and bottom margin to the chart. Both can be adjusted separately.

Get entry signals from specific candles based on your rules.

Based on the original “Time Segmented Volume (TSV)” developed by Worden Brothers, Inc.

The ideal indicator for those who like to work "by levels". It clearly shows the reversal level, support/resistance levels for the current day.

The digital filter of the price.

Alternative grid

Easily create horizontal lines by 1 key stroke, choose the color of the resistance line and the support line, the indicator automatically changes the color when a line is crossed, you can be alerted when a line is crossed. You can see the history of support and resistance of the line.

Tick volumes of a specified interval drawn as histogram of clusters.

Volume indicator as modified by RonT, but histogram bar color will be red on a down candle, green on an up candle

If you like plotting channels, I recommend plotting them yourself. This is particularly true for the slope channels. However, if you use channels merely as filters or simply like to set alerts on these levels, then the indicator will be useful.

The indicator colors rising and falling candlesticks.

Color Stochastic indicator.

The modified version of indicator Qualitative Quantitative Estimation.

A regular modification of the fractals by B. Williams.

This indicator for draw an Arrows for buy & sell , it's Depends on 2 Moving Averages http://forum.m-e-c.biz/t23791.html

The Indicator analyses last 100 waves and shows its sizes, average volumes and average velocities (in pips/hour) for each wave.

this sideway or trend...confuse?? use this indicator

Implementation of zero lag countdown timer.

Some basic information which every trader needs.

Doji candle histogram detector with alert & email notfication.

Pivot Point (PP) indicator for use on timeframes < D1 with adjustable preceding day close time, elimination of sunday bars, optional display of weekly and monthly PP, preview of tomorrows' PP and current days' midpoints.

The indicator shows current trend direction by placing colored dots on the main chart.

Tipu CCI is one of the popular indicators in the Market. The original code for Tipu CCI is modified by removing compatibility with Tipu Panel. This version of Tipu CCI is open for everyone who is interested in developing an Expert Advisor.

The Zig Zag indicator with a sound alert on appearance of a new line on the chart.

Chaikin Oscillator (CHO). Based on the book by Eric. L. Nyman Malaya entsiklopedia treidera (Small Encyclopedia of Trader)

Bears power oscillator (Bears Power, Bears) - trend following indicator.

Parabolic SAR Indicator was developed for analyzing the trending markets.

Demarker indicator is based on the comparison of the period maximum with the previous period maximum.

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