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MQL4 Source Codes of Technical Indicators for MetaTrader 4 - 28
The library of technical indicators for MetaTrader 4 developed in MQL4. Regardless of the market (forex, securities or commodity market), indicators help to represent quotes in an accessible form for easy perception.
This section contains thousands of applications that analyze financial markets using different algorithms. Conventionally, they can be divided into a few categories: trend indicators, oscillators, volume indicators and so on. In addition, there are sets of indicators based on algorithms by famous financiers. For example, Bill Williams' indicators and likes of it. All of them are characterized by different parameters of reliability, efficiency, lagging and others. There are more than 2000 indicators for technical analysis: trend indicators, reversal indicators, indicators of levels, predictors, scalping indicators and many others.
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This is classic implementation of the Turtle Trading system, with clear entry/exits signals within the same trend and enter/exit alerts. It should be used together with my other indicator, The Turtle Trading Channel to get further entry signals if you h
A trend following indicator that implements Dennis Gartman and Bill Eckhart trading system. Commonly known as "The Turtle Trader".
Another suggested way to track Heiken Ashi candles and trading short-term price swings
Choosing between Heiken Ashi bars and candlesticks is a problem and measuring when the short term trend is losing strengh is another one. This indicator solves both.
Draws an ATR envelope surrounding price action and assists you in setting proper stoploss and takeprofit levels.
An improved version of the standard Moving Average indicator, now on the hourly timeframe, you can see moving averages of higher timeframes.
The indicator shows spread-related values (spread, Bid + spread, Ask + spread, Ask + Bid + spread).
Very fast zigzag. No suspended peaks. No wrong peaks. Designed for use in EA. Optimized peaks retrieval
Do you want to know how the Spread on your Broker fluctuates? I developed 2 small indicators which will allow you to see hot the spread is performing real time and for the last few minutes or whichever you can thing your platform can hold.
Account Balance, Equity, Margin, Free Margin + Account Profit: position anywhere on chart - hide any item - enhanced user preference options.
TheGreedyPig Average Daily Range Indicator calculates 5, 10, 20 days and shows them on the chart. I found this on a Forum, updated, modified the Indicator I found.
This indicator shows signals triggered using Fractals and the original ZigZag indicator. Signals are never -ever- repainted and is an useful tool to study the real behavior of the ZigZag indicator.
This indicator shows signals from two different Zigzags without repainting, and allows you to study the real behaviour of the zigzag indicator as a trading tool over time.
The ideas from the article 3 Methods of Indicators Acceleration by the Example of the Linear Regression" is implemented in this indicator.
This multi-timeframe capable moving average discounts prices far from the average. It is smoother than SMA but follows price similar to an EMA of the same length.
This indicator throws visual and verbose buy/sell signals according to Bill Williams Trading in the Zone methodology and Alligator.
This indicator is based on the article: Getting Clear With Short-Term Swings by Ron Black
Calculates pip difference between Current price and SL & TP price. Places Text labels at SL & TP lines: Order Type, Ticket number, SL & TP price, Pip calculation and Pip label.
Updates: 1. Order Type Discrimination 2. SL+TP and OE line price. 3. Enhanced user defined labels. Calculates pip distance between Order Execution price and SL & TP price
This indicator is calculating numbers of ticks and average time between ticks for each minute in the current hour.
This version 2 of Multi currency pair Indicator. It includes an optional trend line and the color of the label has been changed to red to make it visible on default chart template.