Join our fan page
Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5
Keltner Channel (MetaTrader indicator) — is a classical technical analysis indicator developed by Chester W. Keltner in 1960. The indicator is somewhat similar to the Bollinger Bands and Envelopes. It uses three plot lines: the middle line is the 10-day simple moving average applied to the typical price ((high + low + close) / 3), the upper and the lower bands are produced by adding and subtracting the moving average of the daily price range (High and Low difference) from the middle line. This way, a volatility-based channel is built. In this version of the indicator you can modify all the parameters of the MA. The indicator is available both for MT4 and MT5 versions of the platform.
Pinbar Detector is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection. The indicator is available both for MT4 and MT5 versions of the trading platform.
Range Expansion Index (MetaTrader indicator) — is a relative oscillator indicator that measures the pace of the price changes and signals overbought/oversold states if the price demonstrates weakness or strength. It was developed by Tom DeMark and explained in his book The New Science of Technical Analysis. The value of the indicator changes from -100 to +100. The REI is an enhanced oscillator because it tries to remain calm during the range trading and indicates signals only when the significant peaks or bottoms are spotted. You can download this indicator both for MT4 and MT5.
Calculate a moving average in one function call. Code that can easily be transported between different projects.
The indicator plots two lines. The lower line is calculated based on the latest SMA period that caused a bounce up. The upper line is calculated based on the latest SMA period that caused a bounce down.
Whether you’re running multiple trading robots simultaneously or just one sophisticated strategy, keeping track of each Expert Advisor’s performance can be surprisingly time-consuming. MetaTrader 5 (MT5) conveniently displays orders and positions in its “Toolbox,” but when numerous robots share the same account, it becomes harder to know which EA is generating your profits—or losses. A single account might have dozens or hundreds of trades, each opened by different EAs, making it difficult to separate the results of one robot from another.
The XMA_Ishimoku indicator with additional trend strength indication using colored dots based on the standard deviation algorithm. The original code in the attached link had plotting problems.
The Candle Filter indicator is a customisable tool designed to filter and highlight candles on the chart based on specific criteria. It allows the trader to visualise only the candles of interest, such as bullish candles, bearish candles, Doji candles or all candles simultaneously. In addition, the indicator offers full control over the colours of the candles and the chart background, providing a clear and adaptable visual experience.
This is a custom indicator for MetaTrader 5 whose sole purpose is to display a BMP image on the chart, centred on the screen
Trading XAUUSD (Gold) is often influenced by major economic news events like USD, GBP, or EUR releases. To mitigate risks during these volatile periods, using a News Filter in your Expert Advisor (EA) is essential. In this article, I’ll share how to create a simple News Filter on MT5 and apply it to XAUUSD trading.
All indicators required by BBMA Strategy in a single indicator.
Unpack GZIP archives from *.gz files or responses from sites compressed with this format.
Candlestick Fitness concept is used in coding HFT Algos based on population optimization algorithms.
Set TakeProfit by just dragging and dropping script on the desired price level.
It will automatically plot a colored horizontal line on the previous open/highs/lows/close of the selected period, and it will make the lines consistent on this price when switching timeframes.
A customized bid and ask line which is labelled and clear to help visualize the bid and ask prices
This CalculateHistoryProfit script version 1.0 is designed to calculate profit for a specified period using a chart panel.
A logger with the ability to log specific modules or code sections
EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It is not just an alerter of current drawdown; it is especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.
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.
A real-time monitoring tool for MetaTrader 5 that displays key financial data, allows quick symbol switching, and customizable symbol lists. Save and reload symbols, reset lists, and customize text and panel colors for a personalized trading experience.
Candle Range MetaTrader indicator — is a very simple and lightweight indicator that displays the candle's range in pips on mouseover. In addition, to the High/Low range, it can optionally display the body size (Open/Close) for candles. Multiple display parameters are available to control how the indicator looks. This indicator is available for both MT4 and MT5 versions of the trading platform.
A hybrid sorting algorithm that provide fast performance for sorting arrays of simple types, structures or object pointers.
Indicator for calculating the average price of open positions, you can use the magic number if you want to separate the positions of just one robot, but the zero number is for manual operations.
This is an indicator that evaluates FVGs in the inputted "window_size" to detect momentum or trend strength.