MQL5 Source Codes of Technical Indicators for MetaTrader 5 - 6

This is an indicator that helps identify Engulfing candle patterns.

The Fair Value Gap (FVG) Indicator identifies price gaps that occur when there is an imbalance between buying and selling pressure. It highlights areas where price is likely to return to fill the gap, providing potential trade entry points based on market inefficiencies.

High and Low Line Indicator

A customized bid and ask line which is labelled and clear to help visualize the bid and ask prices

The Swing High/Low Identifier for MetaTrader 5 marks significant swing highs and swing lows directly on your chart with color-coded arrows. This tool helps traders quickly identify key price levels, which can serve as resistance and support, and is ideal for trend reversal analysis, support and resistance mapping, and enhancing price action strategies. By highlighting these crucial swing points, it provides valuable insights for making informed trading decisions and optimizing trading strategies.

higher confidence to get into trade

A demonstration on how to modify objects in an indicator without having the source code

main point is changing of MA curve to horizontal line and DPO curve shall represent to distance from close price to zero level or MA curve

This Indicator creates automatically a Risk/Reward Box on you all opened chart base on High, Low price with the old candles. You can use it easily to drag and change size and price to your desire wanted.

Indicator displays the value of defined stop loss and or take profit in the deposit currency. Note: It calculates an estimated value based on a simple calculation and does not take into account brokerage commissions.

This indicator is designed to draw a Fibonacci retracement, using as a basis the ZigZag indicator.

Beginner tutorial on CCI to learn to code in MQL5

Linear Regression Value indicator with an option that allows it to be applied to another indicator

Bollinger Bands with controllable outer band smoothing (post smoothing)

Bollinger Bands with controllable outer band smoothing (pre smoothing)

This code does not trace the iatr() because the iatr() or this code is a more modern version. This code uses original smoothing, a kind of SMA and not wilder smoothing. The analysis of the two smoothings can suggest opportunities elsewhere

Linear regression line with an option to be applied to another indicators

Linear Regression Line

Linear Regression Slope

Linear Regression Value indicator

RSI adaptive indicator based on tick calculations

MovingAverages.mqh Part II A multi timeframe version is available with colors for orientation, for developers or profitable traders for free. Offer under conditions. Other multi timeframe indicators are also available.

Root Mean Square

MovingAverages.mqh Part I A multi timeframe version is available with colors for orientation, for developers or profitable traders for free. Offer under conditions. Other multi timeframe indicators are also available.

This is a first for MetaTrader 5. Now you can click on the chart to create price alerts.

MQL5 version of geometric moving average.

Standard Bollinger Bands indicator with averaging features added

A simple indicator which may help you in manual backtest by just moving a vertical line to show hide bars.

Relative Strength Index that completely removes noise, works on all markets!

It will detect whether there's confluence between the current chart timeframe and two other timeframes.

Counter attack candlestick pattern

Dominant Candle is a a two candlestick set where the wicks intersect each other but body of the candles are either gapped up, gapped down or equal

Logarithmic Moving Average continuously calculates the logarithmic mean of highest price and lowest price within a period.

MQL5 version of harmonic moving average

Highlights the Forex Market Sessions (Sydney, Tokyo, London, New York).

Indicator based on basic slope moving average and cloud around. Indicator shows two types of signals: prepearing - dot and entry - arrow.

Searches for Wick or Body based High low in visible bars of chart

A simple observatory of individual currencies.

SAR ADX Signal with mobile notification, rewritten from MT4 version (source no longer found). This is a repaintable indicator, please be careful when using it.

Historical Strong S/Rs Levels