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MQL5 Source Code Library for MetaTrader 5 - 181
This is the largest free source code library for MetaTrader 5 platform programs. Here you can find ready-made Expert Advisors, technical indicators, scripts and libraries. Use the code library when learning MQL5 language and develop your own automated trading applications based on the provided codes.
You can freely download and test published codes, as well as launch them in MetaTrader 5. The library is also available directly from MetaTrader 5 platform and MetaEditor development environment.
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BrainTrend1Sig is an indicator for positions opening and closing. It indicates trend reversal points when a price reaches extreme values.
BrainTrend2Stop is a trend reversal detection indicator, it is displayed by the stops line. Intersection of the line indicates trend reversal and the time to close previously opened positions.
BrainTrend2Sig is an indicator of the market trends that assigns colors to candlesticks according to the trend direction.
BrainTrend2 is an indicator of the market trends that assigns colours to candlesticks according to the trend direction.
Ergodic DTI-Oscillator (Directional Trend Index) by William Blau.
Moving Averages Convergence/Divergence Indicator by William Blau.
Ergodic Mean Deviation Index (MDI) Oscillator by William Blau.
Stochastic Index Indicator (normalized smoothed q-period Stochastic) by William Blau.
Stochastic Indicator (smoothed q-period Stochastic) by William Blau.
This Expert Advisor is a demo of working with OBJ_CHART objects as conventional charts. You can set custom color settings, attach indicators etc.
The strategy is following: when outer (outside) bar appears, it checks the fact of the inner bar breakthrough in trend direction and generates a signal to open position. A module of trade signals is compatible with the new version of MQL5 Wizard.
The Buy/Sell signals of the indicator are based on crossover of two moving averages with different periods.
The script converts the time, represented as datetime variable into the year, month, day, hour, minutes and seconds.
This indicator compares four types of regression (linear, quadratic, logarithmic and exponential) and chooses the one that best fits the data analyzed.
Kaufman Efficiency Ratio (also called "generalized fractal efficiency") according to Perry Kaufman books "Smarter Trading" and "New Trading Systems & Methods".
Kaufman Volatility indicator according to Perry Kaufman book "Smarter Trading: Improving Performance in Changing Markets".
The DRAW_COLOR_CANDLES style (as DRAW_CANDLES) draws candlesticks based on values of four indicator buffers, containing Open, High, Low and Close prices. In additions it allows you to specify color for each candlestick from a given set.
The DRAW_COLOR_BARS style draws bars based on values of four indicator buffers, containing Open, High, Low and Close prices. This is the advanced version of the DRAW_BARS style, that allows you to specify individual color for each bar from predefined color set.
The DRAW_COLOR_ZIGZAG style draws lines of different colors by values of two indicator buffers. This is the color version of the DRAW_ZIGZAG style and allows you to specify individual color for each line from predefined color set.
The DRAW_COLOR_ARROW drawing style plots the color arrows (symbols from Windings font).