MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
MQL4 Source Codes of Technical Indicators for MetaTrader 4 - 43
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.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
The name is self-explanatory. The error that presented in the previous implementations is corrected here.
It was written at the request of one trader, it draws the horizontal lines at the level of the last fractal upwards and downwards.
An indicator that colors the bars of the bullish trend with the blue color and the bars of the bearish trend with the red color.
An indicator that is to be placed on the Ichimoku allows to trade both in the trend and in the flat playing mode.
Draws separately Kijun and Tenkan lines with the drawing forward on a specified number of periods.
Indicator of overbuying/overselling
Shows - in this version - up to 3 MA from different timeframes. Maybe is usefulll for someone. Enter the period for the ma's in Minute of the desired timeframe, f.e ma2_periode=15 shows you the ma for the timeframe M15. Enter in ma2 the Calculte Perio