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The Commentator indicator analyzes a group of technical indicators and displays information about the current state of the market and trade recommendations.
An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.
Donchian Channel is a volatility indicator based on the calculation of the current price range with the recent highest and lowest prices.
This indicator is useful for correlation analysis and also for cross pair analysis.
There are a lot of users who searched for iBarShift function like in MQL4. But this function is no more include in MQL5, mainly because MQL5 provides all necessary basic, low-level, functions to process such thing in a library.
A trend indicator that uses the oscillator analogue of RSI and its signal line. It is drawn as a colored cloud.
IREA is an automated trade algorithm based on the idea of that an unusual impact in price changes will be adjusted by an inverse movement.
This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows.
The script calculates candles statistics (the minimal, maximal and average values of candles body and shadows) of the current chart.
The indicator "predicts" the color of the next bar with the probability specified in the settings. It is useful for the evaluation of strategies aimed at such a prediction when choosing trading instruments / timeframes for strategies. Caution: The indicator "looks into the future", so do not apply it in real life or in the strategy tester!
Easier visual analysis of graphical objects created by the strategy tester.
An indicator in the form of arrows on the basis of Elder's trading system.
The RMI (Relative Momentum Index) indicator is an improved version of RSI, momentum is included in the calculation.
A simple trend indicator based on counting of the number of bullish and bearish candlesticks.
An indicator in the form of candlesticks based on the Heiken Ashi algorithms and two averages.
This indicator will plot divergence lines on the MACD indicator and will give buy and sell signal by displaying green and red arrows.
An Expert Advisor based on two indicators - Renko Line Break and RSI. It trades stop orders.
The RoundLevels indicator draws two closest "round" levels above the current price and two more below it
DeMark's oscillator with an option of setting a fixed timeframe for the calculation of the indicator in the input parameters.
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.