Market / MetaTrader 5 / Indicators /

ColorLine Indicator

FREE

Published: 16 June 2011

Current version: 1.22

ColorLine Indicator

Indicators
MetaQuotes Ltd.
MetaQuotes Ltd.
MetaQuotes Ltd.

Cyprus

69512
3.5 (70)
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13 products
Version: 1.22
Updated: 1 December 2021

The ColorLine indicator shows the line of the price moving average on the chart. The line has diffrent colors (100 bars have the same color). The color settings of the line is changing every 5 ticks, there are 3 color schemes.

Indicator for demonstrating the DRAW_COLOR_LINE style. Draws a line at Close prices in colored pieces of 20 bars. The thickness, style and color of the line sections are changed randomly. The indicator code is published in the MQL5 Documentation in the section Indicator Styles in Examples

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This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them here: https://www.m

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The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can

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Indicator alerts for Dual Relative strength index rsi. Large rsi preset at 14 is below 30 small rsi preset at 4 is below 10 for buy bullish signals . Large rsi preset are 14 is above 70 small rsi preset at 4 is above 90 for sell bearish signals . Includes mobile and terminal alerts. draws lines when alerts. This indicator can help identify extremes and then the tops or bottoms of those extremes .

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MA Cross Marker helps traders visualize market direction with two customizable moving averages and clear crossover signals. It can display MA lines from one selected timeframe on the current chart and mark bullish or bearish crosses automatically. Designed for traders who want a lightweight, easy-to-read MA crossover tool. Key Features Display two customizable Moving Averages Automatic Buy/Sell signals on MA crossover Single timeframe MA selection (including higher timeframe display) Clean and

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The indicator is based on Robert Miner's methodology described in his book "High probability trading strategies" and displays signals along with momentum of 2 timeframes. A Stochastic oscillator is used as a momentum indicator. The settings speak for themselves period_1 is the current timeframe, 'current' period_2 is indicated - the senior timeframe is 4 or 5 times larger than the current one. For example, if the current one is 5 minutes, then the older one will be 20 minutes The rest of the s

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This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of a

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The MACD indicator in MetaTrader 5 does not look like MACD as it was designed. That is because the MetaTrader 5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This can be confusing for peo

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Fractals Alligator Filter is an indicator for MetaTrader 5 that detects fractals and filters them according to their position relative to the Alligator lines. There is also the HotkeyFractalsEA utility designed to simplify trading. The indicator automatically separates fractals into valid and invalid fractals: valid fractals are displayed with colored arrows; invalid fractals can be displayed separately or hidden in the settings. Two filtering modes are available: filtering relative to the Tee

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Enhance your trading analysis with the Haiken Ashi MT5 indicator. This powerful tool transforms standard price data into smoother, trend-following candlesticks, making it easier to identify market trends and potential reversal points. Key Features: Clear Trend Identification: Visually distinguish between uptrends and downtrends with distinct candle colors. Reduced Noise: Filter out price fluctuations, providing a clearer view of underlying market movements. Early Trend Detection: Anticipate

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Candle Detector By Mahefa R. General Description Candle Detector is an advanced technical indicator for MetaTrader 5 , designed to automatically detect and highlight the most important Japanese candlestick patterns directly on the price chart . It allows traders to quickly identify market reversal and continuation setups without visual clutter. The indicator recolors only the candles that match the selected pattern , ensuring a clear, accurate, and professional chart analysis . ️ How It Work

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Dual Striker - a new Expert Advisor for Gold trading. Live signal +150% -> Real Account No Martingale or averaging strategies Test it for free in your trading terminal: Dual Striker Expert Advisor Candle Countdown — Accurate Time to Close for MT5 Candle Countdown is a simple and precise tool that shows the remaining time until the current candle closes directly on the chart. When your entry depends on the candle close, even a few seconds matter. This indicator helps you see the exact time

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Introducing the MACD Enhanced – an advanced MACD (Moving Average Convergence Divergence) indicator that provides traders with extended capabilities for trend and momentum analysis in financial markets. The indicator uses the difference between the fast and slow exponential moving averages to determine momentum, direction, and strength of the trend, creating clear visual signals for potential entry and exit points. Attention! To achieve the best results, it is recommended to adapt the indicator

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General Description This indicator is an enhanced version of the classic Donchian Channel , upgraded with practical trading functions. In addition to the standard three lines (high, low, and middle), the system detects breakouts and displays them visually with arrows on the chart, showing only the line opposite to the current trend direction for a cleaner view. The indicator includes: Visual signals : colored arrows on breakout Automatic notifications : popup, push, and email RSI filter : to val

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Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay. The current MetaTrader 5 version changes its color when the movement direction changes. Sound and text signals are available. It also supports sending email and push messages. It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate. One of the p

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ENGLISH VERSION (FREE INDICATOR) Smart ZigZag Signal & Statistics Monitor – FREE Multi‑Timeframe Indicator Free automated trading signals based on ZigZag peak ratios, live trade tracking, win/loss statistics, and one‑click signal inversion – designed to work with the commercial Smart Logic Executor PRO EA. This indicator is completely FREE. Use it standalone or as a signal source for the paid Expert Advisor Smart Logic Executor PRO (sold separately). Key Features 6 Adjustable Ran

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This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows

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Indicator and Expert Adviser EA Available in the comments section of this product. Download with Indicator must have indicator installed for EA to work. Mt5 indicator alerts for bollinger band and envelope extremes occurring at the same time. Buy signal alerts occur when A bullish candle has formed below both the lower bollinger band and the lower envelope Bar must open and close below both these indicators. Sell signal occur when A bear bar is formed above the upper bollinger band and upper

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The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies both regular and hidden divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. For higher probability setups I can recommend you to use my Supply Demand indicator and trade only if the divergence occurs inside a zone. Supply zone for bearish div and demand zone for bullish div. The optimal scenario is if it

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The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and time frames It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. You

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Multi-Symbol Correlation and Exposure Dashboard TAGLINE Avoid stacking the same risk without realizing it. PRODUCT OVERVIEW CorrelationGuard Navigator MT5 is a correlation and exposure-awareness indicator for MetaTrader 5. It is designed to help traders monitor how closely the current chart symbol is moving relative to a custom watchlist of other symbols. Instead of using the indicator to find an entry directly, the trader uses it to manage risk concentration and avoid duplicate exposure.

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Stat Monitor is a good information indicator. Benefits of the indicator: The indicator provides useful information - the current spread, the cost of one lot of the symbol, trading leverage and the recommended lot size for trading. You can use the indicator on the MetaTrader 5 trading platform of any broker. The indicator provides useful information. Version of the Stat Monitor indicator for MetaTrader 4 I wish you all good luck in trading and stable profit!

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This indicator is a zero-lag indicator and displays strength of trend change . True Trend Oscillator Pro works best in combination with True Trend Moving Average Pro that displays exact trend as is. Oscillator value is exact price change in given direction of the trend. True Trend Moving Average Pro: https://www.mql5.com/en/market/product/103586 If you set PERIOD input parameter to 1 this indicator becomes a sharpshooter for binary options. Developers can use True Trend Oscillator in Exper

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This indicator is based on the Parabolic SAR indicator. It helps the user identifying whether to buy or sell. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5. Blue arrow up = Buy. Red arrow down = Sell. Line = Trailing Stop. You can use one of my Trailing Stop products that automatically move the Stop Loss and i

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Spread Times Histogram and Stats is a spread monitoring indicator for MetaTrader 5. It plots a real-time color-coded histogram of broker spread, tracks a rolling 24-hour average, and fires smart alerts when spread exceeds a configurable dynamic threshold. Key Features - Color-coded histogram: green when spread tightens, red when it widens - Rolling 24-hour average line for ongoing context - Session statistics: minimum, maximum, and average spread for the current session - Smart alert system: f

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This indicator is based on the Fractals indicator. It helps the user identifying whether to buy or sell. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5. Blue arrow up = Buy. Red arrow down = Sell. Line = Trailing Stop. You can use one of my Trailing Stop products that automatically move the Stop Loss and includ

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Overview Renko SubWindow plots a Renko brick chart as colored candles inside a separate indicator window, without affecting the main chart. Brick size can be fixed in points or calculated dynamically from ATR for adaptive volatility-based bricks. How it works Reconstructs Renko bricks from closing prices of the current symbol/timeframe history. Each brick forms once price moves beyond the defined brick size from the last brick's close. Bricks are rendered as colored candles: bullish (up) and bea

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Indicator Description 4 Hull MA Color + Envelopes is a powerful trend-following indicator for MetaTrader 5 that combines four Hull Moving Averages (HMA) with Moving Average Envelopes to clearly identify market direction, trend strength, and potential reversal or pullback zones. This indicator is designed to reduce noise, react quickly to price movement, and provide a clean visual structure for professional trading. Key Features 4 Hull Moving Averages (20, 50, 100, 200) Automatic color change

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STAMINA HUD – Advanced Market & Trend Dashboard (MT5) STAMINA HUD is a professional market information panel designed for traders who want clarity, speed, and control directly on the chart. It provides a clean heads-up display (HUD) with essential market data and multi-timeframe trend direction , without cluttering the chart or generating trading signals. What STAMINA HUD Shows Current Price Spread (in real pips) Today High–Low range (pips) Average D

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This indicator will mirror the assets in use in another metatrader, being able to choose the timeframe and a template. This is the Metatrader 5 Client, it needs the Metatrader 4 or 5 Server versions: Metatrader 4 Mirror Chart Server: https://www.mql5.com/en/market/product/88644 Metatrader 5 Mirror Chart Server: https://www.mql5.com/en/market/product/88652 Details of how it works in the video.

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Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period. Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!

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SMART TREND TRADING SYSTEM — SPECIAL OFFER Your trading system. Your automation EA. Your training and support. Get Smart Trend Trading System for MT5 for $99 and receive Smart Universal Expert Advisor FREE to automate its signals. STTS brings trend direction, entry and exit signals, reversal zones, and important price levels together on your chart. Follow the system manually, or connect the included EA for automated execution using your chosen settings. The current $99 price applies to the next

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The strategy is based on price crossover with Moving Average indicator, confirmed by ADX indicator. The trade signals: Buy: closing price of the last completed bar is higher than moving average, the moving average increases at the current and last completed bars. Sell: closing price of the last completed bar is lower than moving average, the moving average decreases at the current and last completed bars. To filter the false signal, it checks the trend power (ADX>ADXmin) and trend direction usin

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The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA. Trade signals: Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend). Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend). Input parameters: Inp_Signal_ThreeEMA_FastPeriod = 8; Inp_Signal_ThreeEMA_MediumPeriod = 38; Inp_Signal_ThreeEMA_SlowPeriod = 48; Inp_Signal_ThreeEMA_StopLoss = 400; Inp_Signal_ThreeEMA_TakeProfit = 900; Inp_

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The strategy is based on the Alligator technical indicator, described by Bill Williams in "Trading Chaos". The system is based on three moving averages (Lips, Teeth and Jaw lines), and oscillators, calculated using the difference between them. The trading signals are generated after crossover of the Alligator lines, depending on trend, determined by order of these lines. In the case of upward trend the Lips line (with minimal period) is the highest, the next is the Teeth line, and the lowest is

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Chaikin's volatility indicator calculates the spread between the maximum and minimum prices. It judges the value of volatility basing on the amplitude between the maximum and the minimum. Unlike Average True Range , Chaikin's indicator doesn't take gaps into account. According to Chaikin's interpretation, a growth of volume indicator in a relatively short space of time means that the prices approach their minimum (like when the securities are sold in panic), while a decrease of volatility in a l

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The indicator ColorCandlesDaily draw candles with different colors depending on the day of the week.

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The ColorBars Indicator paints bars with different colors depending on the volume changes. If the volume has increased, the color is green, overwise the color is red.

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The script ObjChartSample.mql5 illustrates control of chart properties using the classes from the Standard Library .

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RegularExpressionsExamples — is an expert, which contains the graphical interface for running examples from the " RegularExpressions in MQL5 " library. The codes of these examples can be found in the library itself. These examples are for demonstration purposes only. They serve only to evaluate the library operation and its capabilities. They can also be found on the official Microsoft‎ website, in the descriptions of classes in the System.Text.RegularExpressions namespace. Each example can be

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The script illustrates the usage of the OBJPROP_XOFFSET and OBJPROP_YOFFSET properties. It displays the specified fragment of the .BMP image.

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The TradeHistoryParsing is a utility for working with the trade history obtained from the MetaTrader 5 terminal. The product is based on the " RegularExpressions in MQL5 " library. It allows to quickly get the required data on your trading history. The filtering results are displayed as a table, a summary of mathematical statistics is provided below the table. Working with the tool Export the trade report as an html file and place it into the "sandbox". After that, when launching the EA, specif

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The script SphereSample.mq5 illustrates control of graphic objects using the classes from the Standard Library (Base class of objects array CArrayObj , CChartObjectText ).

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Filter: