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MQL4 Source Codes of Technical Indicators for MetaTrader 4 - 42
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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Indicator QStick represents a simple n-period moving average for the difference of the close and open prices.
A modified verion of the Chande & Kroll's Stop indicator. The author consider that the ChandelierStops_v1 is very similar to it and look better than the Chande & Kroll's Stop.
Forecasting of price daily ranges. This indicator shows the resistance and support levels of the current day.
It is developed on the other principle, not on ADX's. Chand suggests 13-weeks SMA as a basis of the indicator.
The drawing of the moving average is performed on the basis of Demark's method "Daily Range Projections". Indicator on a zero bar points at the future price change.
Moving Averages show the average value of the price of the symbol for a period of time.
The indicator searches for the patterns, displays the end of the D and C points on the screen.
An effective trade system, it determines the levels of support/resistance, rollback, trend reverse by a complex mathematical algorithm.
The indicator is based on CandlesticksBW. It colors the japanese candlesticks by B. Williams displaying the "black" and "white" candlesticks.
It represents a standard MovingAverage indicator with the function of smoothing by the second-order Butterworth filter added.
A simple indicator that displays the chart of the symbol in the window of another symbol.
It displays how the price is changed in points with the coming of a new tick.