MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 61
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.
An example of how to use the IndicatorSetString() function. A simple indicator that shows how to create a label, e.g. "Overbought level" for each level.
An example of the IndicatorSetInteger() function. A simple indicator that shows how to create a label, e.g. "Overbought level" for each horizontal level.
A simple indicator, a good one for MQL5 beginners
An indicator of pin bars, to be used as a built-in indicator in Expert Advisors. Shows levels specified by the pattern for the open price and stop-loss.
A trend indicator implemented in the form of NRTR. Timeframe is specified in the input parameters of the indicator.
A simple indicator that calculates only the volatility of a financial asset
A trend indicator implemented in the form of NRTR
The Change To Range Ratio indicator is used for closing short-term positions and/or for filtering entry points.
A semaphore signal indicator showing the MACD histogram calculated on the timeframe specified in the input parameters
A simple volatility meter which displays sizes of candlesticks in a separate subwindow
A fan of Stochastic indicators, the period of which is defined by one of four types of progressions
The trend indicator drawn in the form of a colored cloud
A fan of RSI indicators, the period of which is defined by one of the four progressions
A fan of MA indicators, the period of which is defined by one of four types of progressions
An interpretation of Stieve Nisson's 'Three Line Break' strategy
The volatility meter with the indication in the form of a colored cloud
The indicator displays the time in different time zones on a chart
The indicator without averaging of the data array, that is a Buy/Sell decision is made in one move.
An indicator for short term trading, it can be used as a signal for closing a position or as the filter to enter one.
A complex trend indicator that uses ADX for calculations
A stochastic oscillator with an option for selecting a timeframe for calculations, which may differ from the timeframe on which the indicator is applied
A semaphore signal indicator that uses Moving Averages
The oscillator shows the rate of change of the AMA indicator
The RSI oscillator located directly on the chart
A stochastic oscillator located directly on the chart
The RSI oscillator with the boundaries of the overbought/oversold areas expressed by Bollinger Bands
The RSI indicator implemented as a sequence of candlesticks
A simple interpretation of the Bollinger Bands indicator in a separate window.
A modification of the MACD histogram.
A typical MA using the linear regression algorithm
Quite an interesting alternative to Bollinger Bands
Shows the time left before a candlestick closes
A standard linear regression channel with support and resistance levels
The simplest moving-like indicator
A simple trend indicator in the form of a colored cloud
The indicator predicts the possible reversal points
The original indicator that shows buy and sell signals of three indicators on nine timeframes
The indicator paints the part of the bar depending on the direction of the candlestick
One of the variants of a simple moving average of close prices, which automatically adapts to the chart period and shows the average value of the price for each of the 21 ranges provided in MT5. Comparing the current price with the average price value for a particular trader selected period.
The MACD histogram drawn on the basis of the RSI smoothed oscillator