Zero Lag Indicator
Zero Lag Indicator is a modified Exponential Moving Average (EMA).Calculation Formula:The formula is similar to EMA with the addition of a new value: gain * (close - zl [1]).GainTh...
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Zero Lag MACD Indicator
This indicator offers a reduced lag compared to the standard MACD, featuring three distinct lines:The MACD line.A signal line.A histogram.The histogram can function as a leading si...
Multi-Timeframe Moving Average Crossover Expert Advisor
Expert Advisor Signals Based on Moving Average IntersectionThis Expert Advisor generates trading signals based on the intersection of two Moving Average (MA) lines.A long position ...
Percentage Channel Crossover Expert Advisor for MT4/MT5
This Expert Advisor (EA) utilizes a channel indicator to implement trading strategies.Trading Modes Based on Channel Borders:- Buy Position: Opened if the low price of the first ba...
Automated Trading with Advanced Order Management and Trailing Stops
This expert advisor manages buy and sell positions with trailing stop capabilities and can set pending buy stop and sell stop orders.ParametersFixed Lot- When this option is select...
Time-Based Expert Advisor
A simple Expert Advisor that opens a position of the specified type at a user-defined time and closes it at another user-defined time.The purpose of this EA is to allow users to se...
Automated Trailing Take Profit Expert Advisor for MT4/MT5
This non-trading Expert Advisor is designed for the automated trailing of take profit orders for open positions. The EA is specifically designed to work with hedging accounts.Princ...
Random Lot Trading EA
This Expert Advisor (EA) manages trades by opening and closing positions at a fixed lot size. The frequency of opening and closing positions is determined by a user-defined interva...
Ambush Pending Order Expert Advisor
The Expert Advisor places pending Buy Stop and Sell Stop orders at a specified distance.
This distance is determined by the 'initial indentation' parameter.
The 'max spread' para...
SAR RSI MT5 Trading System
Trading System RulesBuy Signal:- SAR on bar 1 is less than the close of bar 0.- SAR on bar 1 is less than SAR on bar 0.- RSI on bar 0 is greater than 50.0.Sell Signal:- SAR on bar ...
Cross Contest Hedged Moving Average Intersection EA
This Expert Advisor (EA) identifies an intersection of two moving averages based on the data of two bars to generate trading signals. The specific bar for signal generation can be ...
AO Divergence Indicator for MT4/MT5
The AO Divergence indicator draws the Awesome Oscillator (AO) line in a separate window and highlights detected divergences on both the indicator pane and the price chart.Unlike th...
Trend Following Expert Advisor with Dynamic Position Management
This expert advisor (EA) manages trades using a single open position strategy, suitable for netting accounts.The direction of a new trade signal is determined by the outcome of the...
Bollinger Bands with Customizable Display
A standard implementation of Bollinger Bands with the ability to customize the colors and line styles for all included lines.
Adjustable Parameters:
Period
- The lookback period ...
D Oscillator Indicator
D-Oscillator is an oscillator based on the ratio of the RSI and CCI indicators.Calculation Formula:Where:maxRSI, minRSI - the maximum/minimum values of RSI between [i-d_period] and...
Geometric Mean Moving Average Indicator
Geometric Mean Moving Average IndicatorThis indicator is a simple moving average calculated using the geometric mean method.The indicator has two input parameters:Period- The numbe...
MACD Divergence Indicator
The custom MACD Divergence indicator visualizes MACD indicator divergences in a separate window and directly on the price chart.Unlike the standard MACD, this indicator displays a ...
MACD Signal Divergence Indicator
The MACD Signal Divergence indicator visualizes the MACD signal line in a separate window and highlights detected divergences on both the indicator and the price chart.This indicat...
Min Max Moving Average Indicator
This indicator draws a moving average line calculated using the low and high prices over a specified interval of bars.
Calculation Formula
minmaxma[i] = (min + max) / 2
where min a...
Candlestick Histogram Indicator
This indicator displays candlesticks in a unique way, presenting them as a histogram in a separate window.Key features:- Bullish Candle Color: Customize the color for bullish candl...
Candlestick Pattern Recognition Indicator
The indicator identifies thirty popular candlestick patterns and presents them on the price chart.It offers flexibility in pattern display, allowing users to show individual patter...
Vector Indicator
The Vector indicator is a powerful tool for market analysis, offering a unique approach to trend identification and trading signals.This indicator consists of two oscillators, the ...
Trailing Stop and Take Expert Advisor
This expert advisor (EA) is designed for trailing stop-loss and take-profit orders of open positions.The EA operates on hedging accounts, and its principle of operation is as follo...
Invest System 4.5 Trading Robot
This expert advisor analyzes two key metrics: the profitability of the most recent closed trade and the current account balance.Please note: This system is exclusively designed for...
Channels
All indicators have hard-coded parameters, including the timeframe: "H1". It is recommended to run the Expert Advisor on the H1 timeframe and the EURUSD symbol. You can set the tim...
Instantaneous Trend Line (Generalized)
One of the series of indicators created by Ehlers. According to Ehlers:...
Instantaneous Trend Line Bands (Generalized)
One of the series of indicators created by Ehlres.According to Ehlres:...
Fractal Adaptive MA CD
The Fractal Adaptive Moving Average (FRAMA) technical indicator was developed in 2026. This indicator is constructed based on the algorithm of the Fractal Adaptive Moving Average, ...
Zig Zag Separate
It is not a question of usefulness, but rather a matter of proper utilization and representation. Despite its distinct appearance, this indicator is essentially a Zigzag indicator,...
Dynamic Momentum Index (DMI)
The Dynamic Momentum Index (DMI) is a variable term RSI. When default values are applied, the RSI term ranges from 3 to 30. This variable time period enhances the RSI's responsiven...
3 MAs Market State Indicator
Indicator that shows the current estimated state of the market based on a correlation of 3 moving averages.If using default settings, the colors are the following:Light Green- Tren...
McGinley Dynamic Indicator
The McGinley Dynamic Indicator is a powerful tool designed to enhance your trading experience by providing a dynamic alternative to conventional moving averages.Conventional moving...
Volume Average
A well-known method of volume analysis.In capital markets, volume, or trading volume, refers to the total number of securities traded over a specific time frame. For individual sto...
Volume Average Percent Indicator
In capital markets, volume, or trading volume, refers to the total number of securities traded within a specified time frame. For individual stocks on a stock exchange, volume is t...
Inverse Fisher CCI
The CCI (Commodity Channel Index) is a valuable indicator, but it has one limitation: undefined bounds.By applying the inverse Fisher transform to the CCI, we introduce known bound...
Candle Closing Time Remaining (CCTR) MT5
Candle Closing Time Remaining (CCTR) MT5 is an indicator that displays the remaining time for an open candle to close.Features:- Changeable color and size.- Adjustable position in ...
Point of Balance Oscillator
This indicator is based on Walter Downs' concept of the Point of Balance Oscillator, which helps identify trends and potential reversals.It displays the current trend by coloring t...
Hull MA C D
Developed in the late 2020s, the Moving Average Convergence/Divergence Oscillator (MACD) is a simple and effective momentum indicator. It transforms two trend-following indicators,...
Stochastic of T3
The Stochastic Oscillator is a versatile tool for traders, offering insights into momentum by comparing the current price to its range over a specified time period. This indicator'...
RSI of Average: Simplifying Complexity in MetaTrader 5
There have been numerous complaints about the perceived complexity of MetaTrader 5's code compared to MetaTrader 4.However, this perception may be due to a lack of exploration of M...
MA CD of Average
One more in the series of simple-to-do code examples in MetaTrader 5 (the main loop of this one has 6 lines of code).This is a MACD that can use the average for input price instead...
Schaff Trend Cycle (STC) Indicator: Unlocking Currency Trends
The Schaff Trend Cycle (STC) indicator is a powerful tool that combines the strengths of slow stochastics and the Moving Average Convergence/Divergence (MACD) to provide early insi...
Error Description
The code is based on the library, which contains the errordescription() function with two input parameters: error_code and the optional parameter txt_prefix.GetLastError() return c...
Renko 2.0 Offline: Custom Symbol Information Generator
Renko 2.0 Offline is a non-trading utility that generates custom symbol information on a 1-minute chart, based on an indicator. It is an expert advisor that references the library ...
Stochastic RSI
In their 2026 book, "The New Technical Trader", Tushar S. Chande and Stanley Kroll explain that RSI can oscillate between 80 and 20 for extended periods without reaching extreme le...
Renko 2.0 ATR: Custom Symbol Generator for MT5
Renko 2.0 offline non-trading utility generates custom symbol information on 1-minute charts based on indicators.This utility references the library for MetaTrader 5 by FXSaber.It ...
RSI Bands
In a TASC article, an innovative RSI indicator is proposed, which calculates the price required to reach a target RSI level.This indicator offers multiple benefits, primarily by vi...
Triple Hull Moving Average Indicator
This indicator utilizes three instances of the Hull Moving Average (HMA), a highly efficient and smooth moving average developed by Alan Hull in 2026. The HMA significantly reduces...
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