Code Forex MT5 Indicators
RSI Divergence draws the RSI indicator line in a separate window and displays found divergences in the indicator window and on the price chart. It has six input parameters: Period – calculation period Applied price Overbought – overbought level Oversold – oversold level…
Commodity Channel Index technical indicator (CCI) measures the deviation of the commodity price from its average statistical price. High values of the index point out that the price is unusually high being compared with the average one, and low values show…
Semaphore signal indicator based on the RSI indicator, which features alerts, sending emails and push-notifications to mobile devices. The indicator is based on the idea that the price reversal is preceded by a reduction in indicator change rate and its…
ZigZag based on the MACDCandle indicator candles. Fig.1. ZigZag_MACDCandle indicator Translated from Russian by MetaQuotes Software Corp. Original code: https://www.mql5.com/ru/code/16605
Pivot Points are always very useful for trading, this is a simple way to have some idea of where the market is heading during the day. The indicator also provides the first three supports and resistances. The formulae I used…
The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It allows to check your trade ideas quickly, all you need is to create your…
It is created as an alternative to MA to determine trend direction and is a kind of “hybrid” of a linear reversal and the iMovment indicator (https://www.mql5.com/en/code/99). The difference of the last is that the delta (the reversal parameter) is…
Oscillating indicator Multi timeframes Stochastic RSI is the multi-timeframe Stochastic RSI. The indicator displays the data of three indicators Stochastic RSI from different timeframes on the current chart. It has ten input parameters: Stochastic %K period – stochastic %K line calculation period Stochastic %D…