New Expert Advisors and Indicators for MetaTrader 5 - 186

The strategy is based on the Alligator technical indicator, described by Bill Williams in "Trading Chaos". The system is based on three moving averages (Lips, Teeth and Jaw lines), and oscillators, calculated using the difference between them. The trading signals are generated after crossover of the Alligator lines, depending on trend, determined by order of these lines. In the case of upward trend the Lips line (with minimal period) is the highest, the next is the Teeth line, and the lowest i

Chaikin's volatility indicator calculates the spread between the maximum and minimum prices. It judges the value of volatility basing on the amplitude between the maximum and the minimum. Unlike Average True Range , Chaikin's indicator doesn't take gaps into account. According to Chaikin's interpretation, a growth of volume indicator in a relatively short space of time means that the prices approach their minimum (like when the securities are sold in panic), while a decrease of volatility in a l

The ColorLine indicator shows the line of the price moving average on the chart. The line has diffrent colors (100 bars have the same color). The color settings of the line is changing every 5 ticks, there are 3 color schemes.  Indicator for demonstrating the DRAW_COLOR_LINE style. Draws a line at Close prices in colored pieces of 20 bars. The thickness, style and color of the line sections are changed randomly. The indicator code is published in the MQL5 Documentation in the section Indicator S

The indicator ColorCandlesDaily draw candles with different colors depending on the day of the week.

The script SphereSample.mq5 illustrates control of graphic objects using the classes from the Standard Library (Base class of objects array CArrayObj , CChartObjectText ).

The script illustrates the usage of the OBJPROP_XOFFSET and OBJPROP_YOFFSET properties. It displays the specified fragment of the .BMP image.

The ColorBars Indicator paints bars with different colors depending on the volume changes. If the volume has increased, the color is green, overwise the color is red.

The script ObjChartSample.mql5 illustrates control of chart properties using the classes from the Standard Library .