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When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from a "standard" level.
The Dynamic Trend signal indicator draws a two-color trend direction line and adds signal arrows.
The book "Neural networks in algorithmic trading with MQL5" is a comprehensive guide, covering both the theoretical foundations of artificial intelligence and neural networks and practical aspects of their application in financial trading using the MQL5 programming language.
The Fair Value Gap (FVG) Indicator identifies price gaps that occur when there is an imbalance between buying and selling pressure. It highlights areas where price is likely to return to fill the gap, providing potential trade entry points based on market inefficiencies.
The Trend Equilibrium Indicator TrendEQ dynamically analyzes market movements by combining momentum and volatility. By scaling momentum with the market’s volatility, the TrendEQ provides a reliable measure of trend strength and direction.
EXSR.mq5: A counter‑trend MT5 EA that catches reversals by combining RSI(14) extremes with Bollinger Band breakouts and a reversal candlestick, placing one trade per symbol with fixed SL/TP.
The Volume Rate of Change (VROC) is an indicator of the direction where the volume trend moves.
Two colored filled rectangles with the display of channel levels. The rectangles are drawn between the values of two channels on one bar of any timeframe of the GRFLeadingEdge indicator.
"This advisor uses the RSI indicator to determine optimal entry and exit points in the market. A unique feature of the advisor is its martingale strategy, which allows for position reversal with an increased lot size during market reversals. The advisor offers flexible trading time settings: you can set a working time range and disable trading during specific hours to filter out news events."
The Expert Advisor works with pending orders Buy Stop and Sell Stop according to the time specified in its input parameters.
Provides Bollinger Bands with calculating the range bandwidth as the difference in pips between the upper and lower Bands. Bollinger Bands appearance and behavior can be tailored by adjusting period, shift, deviation, and applied price, along with color and line style. The 'range/bandwidth information' label can be placed in the specified Sub-Window, allow to customize label positions. Overall, this indicator aids traders in visualizing market flexibility and volatility based on Bollinger Bands width.
The simplest Expert Advisor that analyses the price movement on a given number of bars and opens a corresponding position.
Sample code to count consecutive no. of bull or bear bars.
The AutoFibo indicator is an advanced Fibonacci retracement tool that automatically draws Fibonacci levels based on the ZigZag pattern. This indicator is designed to help traders quickly identify potential support and resistance levels in trending markets.
A smoother line chart which cuts out a lot of the market noise and uses volume in the formula
Creating profit labels on deals (closed trades) which also show in the strategy tester
Profit Maximiser (PMax) Indicator is an indicator created by integrating the moving average of the Supertrend indicator.
Candle counter is a powerful and versatile tool designed to help traders visualise and analyse the sequence of bars on their charts. This indicator automatically numbers each candle on the chart based on user-defined preferences, making it easy to follow specific candles, identify patterns and implement precise trading strategies.
This library will allow you to tranfser realtime quotes from MetaTrader 5 to external server application.
Donchian Channels is a volatility indicator based on the calculation of the current price range with using the recent highest and lowest prices.
Fisher RVI is an oscillator that modifies RVI (Relative Vigor Index) custom indicator values using Inverse Fisher Transform.
The Moving Average of Oscillator (OsMA) is the difference between the oscillator and its smoothed value.