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MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 24
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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HLCrossSigForMFI is considered as a trend indicator since it is intended for "catching" trends. However, it's a pretty complex and informative indicator that allows excluding the psychological and emotional effects from trading
HLCrossSigForMFI indicator with the timeframe selection option available in input parameters
Three SpearmanRankCorrelation indicators from different timeframes in a single window
Two SpearmanRankCorrelation indicators from different timeframes in a single window as a cloud colored according to a trend direction
Range weighted average - average that uuse the current volatility for weighted average calculation
A channel is a trading range between support and resistance levels that a stock price oscillates in for a period of time. This indicator draws the resistance and support lines based on the peaks and valleys that are found within a defined period of time.