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Volume Rate of Change: Since now we have a possibility of using real volumes too (where it is provided by the broker), seems that the Volume Rate of Change indicator becomes interesting to be used. The Volume Rate of Change indicator (VROC) measures the rate of change in volume over the past...
Kase DevStops: Originally developed bu Cynthia Kase (in her book "Trading With the Odds"). This version is calculating the DevStops exactly as described in the book. Engineering a Better Stop: The Kase DevStops What all of this boils down to is that we need to take variance and skew into...
Smoothed Rate of Change: Smoothed Rate of Change (Smoothed-RoC) is a refinement of Rate of Change (RoC) indicator that was developed by Fred G Schutzman. It differs from the RoC in that it based on Exponential Moving Averages (EMAs) rather than on price closes. Like the RoC, Smoothed RoC is a...
Percentage Price Oscillator: The Percentage Price Oscillator (PPO) is a technical Momentum indicator showing the relationship between two Moving Averages. To calculate the PPO, subtract the 26-day Exponential Moving Average (EMA) from the nine-day EMA, and then divide this difference by the...
VisualOpenOrderWithMM: Drag & Drop the script at chart on point where StopLoss should stay. Script will compare desired StopLoss with the current price and determine the type of the order - Buy or Sell. The next step is calculating the volume according Free Margin and the Risk Author: Christo...
Trailing_Profit: Closing all open positions with the specified profit percent. Author: Vladimir Karputov
Candles, arbitrary seconds: This is an indicator that generates simulated data for any period - but in seconds Author: Automated-Trading
Mikahekin_HTF: The Mikahekin indicator with the timeframe selection option available in input parameters. Author: Nikolay Kositsin
An abstract trading robot, an OOP pattern: An example of a template for developing automated trading systems. Author: Sergey Pavlov
MarketHoursShade_v01: Indicator Market Hours Shade v01. Author: John Smith
HOPS and LOPS: Even though it seems like a funny name, it is not. The "HOPS" and "LOPS" stand for High Of the Previous Session and Low Of the Previous Sessions. That makes it a sort of support/resistance or a pivot type of indicator. This version supports any of the time frames that are...
Angle of Averages: This indicator calculate angle of averages using ATR-approximation. Author: Mladen Rakic
ZigZag based on the fractals of a larger timeframe: ZigZag based on the fractals of a larger timeframe considering VininI_FractalsTrend indicator data. The indicator has no other input parameters except the possibility to select a timeframe. Author: Nikolay Kositsin
New article Testing (Optimization) Technique and Some Criteria for Selection of the Expert Advisor Parameters has been published: There is no trouble finding the Holy Grail of testing, it is however much more difficult to get rid of it. This article addresses the selection of the Expert Advisor...
Rsi(var) with averages: RSI that can use 4 different types of averages for RSI calculation was originally developed for MetaTrader 4 by Igor Durkin ( (originally posted here: https://www.mql5.com/en/forum/175870). Igor Durkin: ... So-called normal RSI uses EMA smoothing with...
Rsi(var): RSI variation. Indicator was originally developed by Igor Durkin. Quoting his description (originally posted here : https://www.mql5.com/en/forum/175870) Igor Durkin: ... So-called normal RSI uses EMA smoothing with period = 2*Length-1 (or Wilder's smoothing with...
Target indicator: You confuse where the next target? Use this indicator - it will show you where the next target. Author: reza rahmad
TimeManagement: The header file contains functions and input variables for a time management. #include <TimeManagement.mqh>void OnTick(){   if( !CheckTime() )   {      Print("The trade is not allowed by time management");      return;   }   if( !CheckDayOfWeek() )   {      Print("The trade is not...
Moving Average Mirror: Entry BUY after Red Line crossing up the Blue Line and exit before the Red Line crossing down the Blue Line. Opposite position : entry SELL after Red Line crossing down the Blue Line. Author: andy tjatur
New article A Virtual Order Manager to track orders within the position-centric MT5 environment is published: This class library can be added to an MT5 Expert Advisor to enable it to be written with an order-centric approach broadly similar to MT4, in comparison to the position-based approach of...
Reduce_risks: This is an MQL5 version of the Expert Advisor described in the article "How to reduce trader's risks" (https://www.mql5.com/en/articles/4233). Author: Vladimir Karputov
Correlation USDCHF/EURUSD: Indicator Correlation USDCHF/EURUSD. Author: Collector
TrendX: TrendX indicator can be used for the market entry/exit. Author: Nikolay Kositsin
SubWindow: A library for working with chart subwindows. Author: fxsaber
A set of scripts for a quick trade with the mouse.: Scripts of pending, market orders, placing and removing stops. Author: Vladimir Khlystov
RAVI iFish: Range Action Verification Index (RAVI) with inverse Fisher transform. Developed by Tushar Chande, the Range Action Verification Index (RAVI) is used in order to help identify if the market is in a trend. The indicator shows the difference (in percentage) between the current...
Chandes Quick Stick (Qstick): Chandes Quick Stick (Qstick) indicator was designed by scientist, inventor, author, and trader Tushar Chande in order to help identify market trends with the use of candlestick charts. In case the Qstick indicator shows a reading below zero, this is indicative that the...
StocksBG: StocksBG indicator displays the activity of major stock exchanges on a chart with M15 or less timeframe. Author: Andrey Aseykin
Change Timeframes with Hotkeys: This simple indicator will change the timeframes of the current chart with keypress. Author: mohit marwaha
Ulcer Index: This Ulcer Index (UI) indicator is a technical indicator devised by Peter Martin in his 1987 book "The Investors Guide to Fidelity Funds". Typically used in measuring downside risk in stock market funds, the index looks at measuring downside volatility over a period. The use of...