Articles, Library comments - page 354

DeMarker (DeM): Demarker technical indicator (DeM) is based on the comparison of the period maximum with the previous period maximum. If the current period (bar) maximum is higher, the respective difference between the two will be registered. If the current maximum is lower or equaling the...

New article New opportunities with MetaTrader 5 is published: MetaTrader 4 gained its popularity with traders from all over the world, and it seemed like nothing more could be wished for. With its high processing speed, stability, wide array of possibilities for writing indicators, Expert Advisors,...

Brooky Psar Levels: Support and Resistance levels using the psar logic. Author: marc weedbrook

Key Level Indicator: The indicator draws true Key Level on chart based on DiNapoli Fibonacci levels gives point of intraction by buyers and sellers. Author: vishal koli FX

Stochastic TP TS V3.103: An EA with automatic trading at setable minute using stochastic indicator and scalping lot Author: H.A.

Market crash alert when you sleep: Indicator that shows you market push and future 80% of next big trend. Author: Ramin Rostami

Rogue tick detector: Detects fake, old, stale, or other erroneous ticks that come to the MT4 platform. These rogue ticks can sometimes cause a take profit, stop loss, trigger orders and/or any price-related action to occur when the price is actually no longer actionable. Author: Jon Grah

ImpulseOsMA: The indicator draws bars based on Elder's impulse system. Author: Nikolay Kositsin

DCC: The indicator plots the chart of the specified symbol in a separate window (based on https://www.mql5.com/en/code/349). Author: Olegs Kucerenko

RoundLevels: The RoundLevels indicator draws two closest "round" levels above the current price and two more below it Author: Nikolay Kositsin

Volume Rate of Change (VROC): Volume Rate of Change (VROC) is an indicator of the direction where the volume trend moves. Its idea lies in the fact that almost all important graphical formations (peaks, bottoms, breaches, etc.) are accompanied by a dramatic increase of trade volume. The...

Detrended Price Oscillator (DPO): Detrended Price Oscillator removes the trend effect of price movement. This simplifies the process of finding out cycles and overbought/oversold levels. Long-term cycles consist of several shorter cycles. Analyzing such short components helps to define crucial...

Triple Exponential Average (TRIX): Triple Exponential Moving Average (TEMA) technical indicator was developed by Patrick Mulloy and published in the "Technical Analysis of Stocks & Commodities" magazine. The principle of its calculation is similar to Double Exponential Moving Average (DEMA). The...

Accumulation Swing Index (ASI): ASI was created by Welles Wilder as an ordinary fluctuations indicator that gets signals from previous maximums and minimums of price. Once, Wilder said: "Somewhere amidst the maze of Open, High, Low and Close prices is a phantom line that is the real market." What...

Swing Index: Swing Index is a math expression of the operations activity for the last two bars. The indicator marks an "actual" instrument price by binding the current (Open, High, Low and Close) and previous prices. The data concerning the open prices must be available for the index calculation....

SetBuyStopOrder: The script is developed for placing a BuyStop order with fixed trigger levels, Stop Loss and Take Profit levels in points from the current price. Author: Nikolay Kositsin

Keltner Channels Set: This indicator uses considerably more than two Keltner Channels than the standard Keltner Channel indicator. The indicator shows overall picture of a financial asset behaviour in a more informative way. The indicator is built in two variants with different amount of levels...

SuperSR6: The indicator for drawing possible Support/Resistance lines on fractals Fig.1 The SuperSR6 indicator Author: Nikolay Kositsin

Visual Аnalysis AfterTesting: Easier visual analysis of graphical objects created by the strategy tester. Author: sigma7i

Three Screen Elder Arrows: An indicator in the form of arrows on the basis of Elder's trading system. Author: sigma7i

New article Finding Errors and Logging is published: MetaEditor 5 has the debugging feature. But when you write your MQL5 programs, you often want to display not the individual values, but all messages that appear during testing and online work. When the log file contents have large size, it is...

Slope Direction Line: The trend indicator drawn on the basis of a Moving Average Author: Andrey Voytenko

Relative Momentum Index (RMI): The RMI (Relative Momentum Index) indicator is an improved version of RSI, momentum is included in the calculation. Author: Serhii Ivanenko

JBrainTrendSig1: Signal indicator of the popular BrainTrend1 trading system with preliminary price timeseries smoothing. JMA-smoothing has greatly lessened the number of false signals. Such intervals are now perceived by the system as flat ones. The system sensitivity to the market volatility can...

JBrainTrend1Stop: The indicator building Stop Loss levels lines according to BrainTrend1 trading system data with preliminary price timeseries smoothing. JMA smoothing allows to considerably lessen the amount of false signals. Such intervals are now perceived by the system as flat ones. The system...

Hull_Candles: An indicator in the form of candlesticks based on the Heiken Ashi algorithms and two averages Author: Nikolay Kositsin

Velocity_v2: The Momentum oscillator with a triple averaging and a signal line Author: Nikolay Kositsin

Bollinger_Squeeze_v9: A trend indicator with four states Author: Nikolay Kositsin

BrainTrend2: BrainTrend2 is an indicator of the market trends that assigns colors to candlesticks according to the trend direction. While there is a downward trend on the market, all candlesticks are colored in magenta. As soon as the trend is upwards, all succeeding candlesticks will be colored...

New article MQL5 Cookbook: Developing a Multi-Currency Expert Advisor with Unlimited Number of Parameters is published: The multi-currency Expert Advisor considered in the previous article "MQL5 Cookbook: Multi-Currency Expert Advisor - Simple, Neat and Quick Approach", can be very useful if the...