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MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 31
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 SVE_ARSI (Sylvain Vervoort's Asymmetrical RSI) indicator was described in the October '08 issue of the "Stocks & Commodities" magazine.
The Demand_Index indicator developed by James Sibbet combines the price and volume, and is often considered a leading indicator of price change.
The Mirror MA indicator features two mirrored moving averages in a separate chart window calculated based on a difference between two MAs with different calculation data, and one signal line calculated based on a direct moving average data.
Klinger Oscillator developed by Stephen Klinger to determine the long-term trend while remaining sensitive to detect short-term fluctuations enabling the trader to predict short-term reversals.
The Dynamic Trend signal indicator draws a two-color trend direction line and adds signal arrows.
The Trend_Intensity_Index indicator with the ability to change the indicator timeframe using the input parameters.
The Trading_Channel_Index indicator with the ability to change the indicator timeframe using the input parameters.
The ColorXPWMA_Digit indicator with the ability to change the indicator timeframe using the input parameters.
The ColorXPWMA_Digit indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.
The Dinapoli Preferred Stochastic indicator uses the smoothing method described by Joe DiNapoli, which differs from the standard stochastic.
The indicator DHLPBO (Dynamic High/Low Percentage Band Overlay). Unlike DHLBO, which displays two bands calculated based on the Highs/Lows of the range, this indicator constantly narrows the channel width by a certain percentage throughout the whole range.
The DHLBO (Dynamic High/Low Band Overlay) indicator shows on the price chart two bands calculated based on the range Highs/Lows.
Deviation Oscillator - a volatility oscillator which represents a difference between the price and the MA, normalized within the selected range.
The Delta Oscillator indicator displays the difference in the Delta indicator lines as a histogram.
The Delta indicator draws two lines: the bar average price line (OHLC)/4 and the line of the decimal logarithm of the current to previous (OHLC)/4 prices ratio.
The TriggerLines trend indicator draws two moving average lines colored in accordance with the trend direction: green for upward and red for downward.
Twiggs Money Flow is an indicator by Colin Twiggs, which uses Welles Wilder's Moving Average.
WMAO (Wilder's Moving Average Oscillator) - an oscillator based on Welles Wilder's Moving Average.
The signal and information indicator Williams Thrust is based on two Williams' Percent Range indicators with different periods and their average values.
The VPCI (Volume Price Confirmation) indicator shows the relationship between the price and the volume.
The Slope Direction Line indicator is displayed as a colored moving average line indicating the average market movement direction.
The Silence indicator displays aggressiveness (price change rate, the blue line) and volatility (the red line) in a separate window.
A colored smoothed PWMA that displays the most recent value as a price label with the possibility to round the indicator levels up to a required number of digits.
ROCX is a modified ROC (Rate Of Change) indicator displaying an absolute or relative price change.
The Polarized Fractal Efficiency Overlay (PFE_Overlay) indicator is designed for identifying trends. Unlike Polarized Fractal Efficiency, the indicator is displayed on the price chart as the main indicator line and two lines of the calculated StdDev deviation value.
The SilverTrend indicator with the ability to change the indicator timeframe using the input parameters.
The BrainTrend2_V2 indicator with the ability to change the indicator timeframe using the input parameters.
The Wajdyss_Ichimoku_Candle indicator with the ability to change the timeframe using the input parameters.