The indicator displays the standard RSI on the price chart, along with its overbought/oversold levels and a moving average indicator line.Key features include:- RSI calculation per...
The ZScore indicator calculates the standard score (z-score) of a price series, representing the number of standard deviations from its mean.This indicator provides insights into p...
The 'line color' parameter has been introduced as a new input setting.Previously, when an Expert Advisor utilized the Moving Average indicator data, the indicator would only appear...
This indicator provides a comprehensive view of market trends by combining a moving average with bullish and bearish areas derived from Bollinger Bands.Key features include:- Movin...
The Trend Pressure Indicator is a powerful tool for traders, providing valuable insights into market trends. It offers a comprehensive view of the market's direction and strength, ...
The Asymmetric Trend Pressure Indicator is a powerful tool that reveals the trend direction and strength. It provides a comprehensive view by displaying the bullish and bearish com...
This indicator displays the Moving Average Convergence Divergence (MACD) calculated based on the Adaptive Moving Average (AMA).The indicator offers eight customizable parameters:- ...
The Wilson Relative Price Channel is an indicator based on the classic RSI, displaying three distinct zones: overbought, oversold, and neutral. It is designed for higher timeframes...
This indicator draws a channel based on the polynomial regression method.It offers four customizable parameters:Length- Determines the channel's length in bars.Power- Adjusts the s...
The Difference Indicator displays the disparity between current prices and prices from n periods prior.It offers two display modes:- Difference between open and close prices.- Diff...
The Kicking Pattern Indicator is a powerful tool designed to identify specific candlestick patterns on charts, aiding traders in making informed decisions.This indicator focuses on...
A trend oscillator calculated using the following formula:SMA(3) of EMA (66) of ( Momentum[period] - Momentum[period-1] )This indicator has four configurable parameters:- Period of...
The indicator calculates and draws a channel based on a logarithmic function.Parameters:- Length: The channel length in bars.- Deviation: The channel width.- Applied Price: The pri...
The Moving Average Candles indicator is a powerful tool that transforms moving averages into candlestick patterns.This indicator offers a unique visualization by presenting moving ...
The Median Moving Average (MMA) is a unique technical indicator that calculates the median price over a specified period.It operates by sorting an array of prices for the chosen pe...
The Random Walk Index (RWI) is a technical indicator that aims to identify whether a price movement is random or indicative of a significant trend. It helps traders and analysts de...
This indicator calculates and displays a moving average using the Square Weighted (SQWMA) method.Key Features:- Period: Set the calculation period for the moving average.- Applied ...
The VMA indicator dynamically adjusts its moving average period based on market volatility. As volatility increases, the moving average period lengthens, and as volatility decrease...
The WI indicator displays a moving average calculated using the following formula:WI(2 * close - high - low)The indicator features two configurable parameters:Period- This paramete...
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...
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...
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...
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 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 IndicatorThis indicator is a simple moving average calculated using the geometric mean method.The indicator has two input parameters:Period- The numbe...
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 ...
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...
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...
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...
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...
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 ...
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, ...
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,...
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...
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...
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...
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...
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...
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 is an indicator that displays the remaining time for an open candle to close.Features:- Changeable color and size.- Adjustable position in ...
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...
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,...
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'...
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...
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...
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...