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MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 119
MQL5 technical indicators analyze MetaTrader 5 price charts on Forex, as well as stock and commodity markets. Indicators define trend direction and power, overbought and oversold states, support and resistance levels. Underlying mathematical models provide objective assessment of the current market state allowing traders to accept or reject trading system's signals.
You can download and launch offered indicators in MetaTrader 5. The library of indicators is also available directly from MetaTrader 5 platform and MetaEditor development environment.
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The simple indicator for displaying some relevant information about a position right in the chart window.
Standard MACD version that can be located by setting the indicator timeframe value different from the chart one. The indicator also allows traders to select histogram and signal line smoothing algorithms.
The indicator displays high and low levels of a day (specified by the input parameter value) on any timeframe.
The simple indicator for displaying the price chart of any trading symbol in the indicator window.
The indicator shows the chart of the difference (sum) of trading symbols' prices. It is suitable for visual estimation of trading symbols' correlation. It will be very useful for traders interested in pairs trading (spread trading). Indicator bars are synchronized by time with the bars of the chart the indicator is launched at.
The indicator displays the second chart over the main one using the reference point.
This indicator is a modified version of RSI that can be placed on a chart having another timeframe. It also allows users to change RSI and the signal line's smoothing algorithms.
The simplest semaphore indicator having alerts and providing the possibility to send signals to a mailbox and a smartphone.
The simplest semaphore indicator having alerts and providing the possibility to send signals to a mailbox and a smartphone.
Moving Average: 3-Pole Butterworth Filter. The indicator is based on the code of Witold Wozniak.
Bollinger Bands Width. One of its application methods was described in FOREX Magazine №123 (July 2006) on page 47.
The simplest semaphore indicator having alerts and providing the possibility to send signals to a mailbox.
The trend indicator in the form of a colored cloud using volumes in its calculations. Enhanced version of Bears and Bulls indicator. The idea is to reveal the first market impulse and estimate its duration.
ATRNorm is the normalized version of АTR. Tick volume, standard divergence and other parameters can also be used instead of АТR. The indicator represents logical development of the script. ATRNorm has been created to detect flat areas.
The indicator calculates the difference between the period maximum and minimum. The period is specified in the indicator parameters.
The Momentum Technical Indicator measures the change of price of a financial instrument over a given time span.