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MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 130
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.
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The DRAW_COLOR_HISTOGRAM2 drawing style is used to plot color histograms using two indicator buffers, the colors are specified in the color buffer.
The DRAW_COLOR_SECTION drawing style is used to plot sections with different colors, the colors are specified in the color buffer.
The DRAW_COLOR_LINE drawing style is used to plot lines with different colors, the colors are specified in the color buffer.
Premier Stochastic Oscillator - Double EMA smoothing of stochastic, based on article in TASC by Lee Leibfarth (August 2008)
VininI Cyber Cycle - Identify cyclical movements of price, based on VininI_Cyber Cycle(V2).mq4 by Victor Nicolaev (2009)
The DRAW_ZIGZAG drawing style allow to draw sections using the values of two indicator buffers. It looks like DRAW_SECTION, but it allows to draw vertical sections inside one bar.
The DRAW_BARS drawing style is used to plot the bars using the values of 4 indicator buffers with Open, High, Low and Close prices.
The DRAW_FILLING drawing style plots the filled area between the values of two indicator buffers. In fact, it plots two lines and fills the area between them with the specified color.
The DRAW_CANDLES drawing style plots the candles using the values of 4 indicator buffers with Open, High, Low and Close prices.
The DRAW_HISTOGRAM2 drawing style is used for plotting the values of two indicator's buffers as a histogram.
The DRAW_HISTOGRAM drawing style is used for plotting the values of the indicator's buffer as a histogram.
The DRAW_SECTION drawing style is used for plotting the values of the indicator's buffer as a sections.
The DRAW_NONE drawing style is used in cases, when you need to calculate and show the values of the indicator in "Data Window", but the plotting isn't needed.
Nonparametric zigzag. The monotonicity condition for the ascending segment of the zigzag: the High of the any subsequent bar should not be lower than any Low of the ascending segment.
Nonparametric ZigZag, based on the "a-la Clyde Lee Patterns".
This indicator will allow you to perform the recalculation of the indicator's data only when the new bar on the chart has appeared.
The ZigzagColor_Channel plots a channel by connecting the ZigZag peaks and ZigZag bottoms.
The iUSDx indicator uses the "MCM Control Panel" for multicurrency mode. It calculates the USD index.
The indicator shows the trend and allows to see a price range.
Enhance your charts by adding intelligent markers for important price points and the start/end of year/month/week/day/session Includes a price pointer that changes color whenever price is near an important price point (e.g. historical high/low)
QQE - Qualitative Quantitative Estimation MA on RSI, Difference of MA on RSI and MA of MA of ATR of MA of RSI
The indicator allows to perform any arithmetic action with prices of two symbols and plot result on any other chart. It allows to calculate crosses (using multiplication and division), spread (subtract) or just to plot the other symbol's data on the chart.
There is a Price Channel indicator, but I don't like it, because it fills all the space between the upper and lower boundaries. This version of Price Channel looks like in MetaTrader 4.