Advanced Forex Trading Indicators for Metatrader5

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MQL5 Source Codes of Technical Indicators for MetaTrader 5

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MQL5 technical indicators analyze MetaTrader 5 price charts on Forex, as well as stock and commodity markets. Indicators define trend direction and power, overbought and oversold states, support and resistance levels. Underlying mathematical models provide objective assessment of the current market state allowing traders to accept or reject trading system’s signals.

You can download and launch offered indicators in MetaTrader 5. The library of indicators is also available directly from MetaTrader 5 platform and MetaEditor development environment.

A series of indicators ‘Four Colors’. Signals are now ‘Arrow’ in the main window

An exponential moving average of the true range and the offset of its average deviation

Added alerts to custom indicator

Candlestick chart without shadows

Added alerts to custom indicator

Colored SAR indicator. Alerts on color change

The indicator draws three daily rectangles

Indicator based on iAO (signal ‘saucer’) and filter based on iMA

Three candles from another timeframe are drawn using graphical objects

Smoothing the custom indicator ‘Relative Momentum Index’ using iMA

Two indicator series (‘Two MA Color N Bars’ and ‘Square’) in one code

Displays direction of volatility and volume

The indicator plots (using OBJ_TRIANGLE) the area between ‘Open’, ‘High’, ‘Low’ and ‘Close’ of the day

A simple indicator that tries to assess autocorrelation in price series.

iVIDYA (Variable Index Dynamic Average) indicator with levels for N bars

The indicator displays the ‘Ask’ line -> a spread is added to the ‘Close’ price

Two ‘Main’ lines from two iStochastic (Stochastic Oscillator, STO) indicators with filled areas between the lines. Line crossing notifications (Sound, Alert, mail, push)

Two RSI (Relative Strength Index, RSI) lines – ‘Fast’ and ‘Slow’. Filling areas from the window borders to these lines

Cumulative candle, taking into account High and Low

Channel of ‘N’ bars at ‘Low’ and ‘High’ prices

Trend indicator. Added alerts (Sound, Alert, email, push)

The indicator shows the zones between the price crossing and the “MA” indicator

Histogram between price and indicator or between two indicators

The indicator shows the position of two indicators (iMA and iStochastic)

A simple indicator plotting a channel with a constant range

In a given time interval, a rectangle is constructed.

Fractals based on the iOBV indicator (On Balance Volume, OBV)

Colored Stochastic smoothed with iMA (Moving Average, MA)

Very simple indicator to plot the values of the spread[] data as reported by the OnCalculate event handler.

The indicator shows the percentage of the ‘Close’ price above and below the ‘iMA’ indicator

The color indicator shows in a separate window the moment if the intersection of two iMA (MOving Average, MA) was on the current bar

‘Momentum’ indicator and ‘Momentum’ indicator smoothed with ‘Moving Average

Have you ever asked yourself why it is not possible to customize fractals more? … now it is.

The indicator compares OHLC prices

The indicator in the subwindow shows a comparison of High and Low prices

Engulfing Pattern Plus One

Advanced Forex Trading Indicators for Metatrader5

Source: https://www.mql5.com/en/code/mt5/indicators

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