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MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 51

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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.

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This is not a directional indicator. This means that even it is stochastic it does not show the direction of the market, but shows the direction-amount-size of volatility. The assumption that seems sound enough and after which this indicator is made is that in the times of extremely low volatility it is a good time to enter the market, since the change in volatility is imminent. Those times are marked by dark gray dots on this indicator. For direction of entry, you should use some other trend showing indicator(s).

EMA Levels multi timeframe version.

Schaff Trend RSX multi timeframe version.

Schaff Trend RSI multi timeframe version.

Stochastic on the price chart.

A signal indicator for opening/closing positions.

A trend signal indicator.

The indicator displays the ratio of two LSMAs.

LRL

Linear regression line (LSMA) - a moving average calculated by the linear regression method.

A Moving Average based on Heiken Ashi candlesticks.

Modified BW Zone Trading - a modified indicator of Bill Williams' zone trading.

Detrended Price Oscillator Bar - price chart without a trend.

A colored histogram of the days of the week. Uses the drawing style DRAW_COLOR_HISTOGRAM.

An arrow indicator, which compares the daily open price with the close price of an hour.

A histogram of the days of the week.

VSI

VSI - Volatility Switch Indicator.

The IDayIIndex (Intraday Intensity Index) oscillator indicator.

A stochastic momentum.

A colored histogram drawn using the High/Low prices.

The indicator adds signal marks to a price chart when the CCI indicator crosses its zero line.

An indicator of the market state.

Gap searching indicator.

SZO

SZO (Sentiment Zone Oscillator) is an indicator of market sentiment, which has overbought and oversold zones.

CVI

CVI (Chartmill Value Indicator) shows the value of price deviation from the Moving Average.

An indicator for automatic drawing of trendlines based on fractals of a given timeframe.

AD

The AD (Accumulation Distribution) indicator with three calculation methods.

SSS

SSS (Special Slow Stochastic) has an additional smoothed (slow) line based on the Stochastic signal line.

The "Small Inside Bar" indicator. It searches for formations, in which the internal candlestick of the "Internal bar" pattern is not more than half the size of the determinant candlestick.

The indicator calculates and displays on a chart the autocorrelation function, which shows the relationship between the function (signal) and its shifted copy depending on the time shift value.

The indicator allows setting any dimension for each side of a fractal.

MACD with advanced settings. In addition to the standard parameters of the fast and slow EMA periods, signal SMA periods and calculation price, this indicator allows setting the calculation method for each line and use either absolute or relative values for MACD calculation.

The KWAN_NRP indicator with the possibility to change the indicator timeframe in input parameters.

The XRSIDeMarker_Histogram indicator with the possibility to change the indicator timeframe in input parameters.

The averaged non-trivial linear combination of iRSI and iDeMarker implemented as a color histogram.

A simple oscillator, which is based on the values of the iStochastic, iRSI and iMomentum indicators and is implemented as a two-colored histogram.

The iSAR indicator with the possibility to change the indicator timeframe in input parameters, implemented in color.

MACD+SAR - Trend Analyzer Tool.

PMF

The Pivot Money Flow indicator displays the direction and the reversal of money flows.

Dynamic overbought/oversold levels.

An assistant indicator. It shows time for holding a position open.

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