Color Theme

The RenkoChart tool presents an innovative and highly flexible approach to visualizing market data in MetaTrader 5. This expert creates a custom symbol with Renko bricks directly on the chart, displaying accurate prices at the respective opening date/time for each brick. This feature makes it possible to apply any indicator to the Renko chart. Furthermore, this tool also allows access to historical brick data through native methods in the MQL5 programming language, such as iOpen, iHigh, iLow and

The Color Candles Indicator uses custom colors to highlight candles that follow the main market trend, based on the Moving Average. This simplifies the analysis of price movements, making it clearer and more direct. When the price is above the rising Moving Average, candles are highlighted indicating a BUY opportunity. When the price is below the declining Moving Average, candles are highlighted indicating a SELL opportunity. Input Parameters : Period Method Applied Price The moving avera

This indicator draws the Donchian Channel, filling the background with colors. The color of the middle line is changed following the current trend, based on the standard interpretation of the Donchian Channel. Input Parameters: Period of the Channel   (default is 20) Validate Signals   (boolean value to filter out false breakouts, default is false) Background Settings Show Background   (default is true) U ptrend Color (default is DodgerBlue ) Downtrend Color (default is Orchid) Background Tr

This indicator draws the Parabolic SAR. Top and bottom lines with customizable colors. With an additional parameter called “Validate Signals”, which identifies false breakouts and changes the color of the line to gray. Input Parameters: Step ( default is 0.02 ) Maximum   ( default is 0.2 ) Applied Price High  ( default is High price) Applied Price Low  (default is Low price) Validate Signals   (boolean value to filter out false breakouts, default is true)

A simple indicator/tool to display the current timeframe in the center of the chart. The object is automatically moved to the center of the chart whenever the chart size is changed by the user. Input  Parameters : Font (default is Arial Black) Font Size (default is 50) Font Color (default is Silver, for light theme graphics, change to black or another dark color) Font Transparency (default is 90%)