MT5 Indicators

Manual Backtest Bar Replay Simulator – indicator for MetaTrader 5

A simple indicator code for learners which may also help you in manual backtest by just moving a vertical line to show hide bars. Add the indicator to chart and Add a Vertical Line object with name “VL” and it will start working on Oncalculate() You can move the line to left or right on

A BETTER RSI – indicator for MetaTrader 5

The relative strength index is an age old indicator, that possess incredible edge to this day. The problem though, is its susceptibility to noise from the markets, generating a lot of false signals. This indicator takes the concept of the RSI which is to read and display momentum and refines it to a point, where

Confluence Detector – indicator for MetaTrader 5

The indicator draws three line plots on the chart. It detects the current period, and you assign two other periods in the input which should compare to the current period. If the price is not moving in the same direction on the other timeframes you selected, the lines will deviate from each other and this

Dominant Candle – indicator for MetaTrader 5

Dominant Candle is a a two candlestick set where the wicks intersect each other’s body area and body of the candles are either gapped up, gapped down or equal Dominant Candle – indicator for MetaTrader 5

Counter Attack Candlestick – indicator for MetaTrader 5

Counter attack candlestick pattern Counter Attack Candlestick – indicator for MetaTrader 5

Logarithmic Moving Average – indicator for MetaTrader 5

Quoted from Wikipedia: In mathematics, the logarithmic mean is a function of two non-negative numbers which is equal to their difference divided by the logarithm of their quotient. This calculation is applicable in engineering problems involving heat and mass transfer. Use as is or develop further to serve your purpose Logarithmic Moving Average – indicator

Harmonic Moving Average – indicator for MetaTrader 5

Quoted from InvestopediaWhat Is the Harmonic Mean?The harmonic mean is a numerical average calculated by dividing the number of observations, or entries in the series, by the reciprocal of each number in the series. Thus, the harmonic mean is the reciprocal of the arithmetic mean of the reciprocals. Harmonic Moving Average – indicator for MetaTrader

Second Bars – indicator for MetaTrader 5

The indicator draws an arbitrary second time frame on the chart. In settings: Number of days – if you set too many days, it may take a long time to calculate. Timeframe in seconds. Select to display bars or candles. I compared it with the charts of the reference utility, the indicator seems to draw

iForexSessions – indicator for MetaTrader 5

Forex Sessions indicator Highlights the Forex Market Sessions The indicator assumes local “wall clock” trading hours of 8:00 AM – 5:00 PM in each Forex market, except in Sydney it is 7:00 AM – 4:00 PM or 9:00 AM – 6:00 PM. Features: Draw colored rectangles for the forex market sessions (Sydney, Tokyo, London, New

Slope Entry Points – indicator for MetaTrader 5

Indicator based on basic slope moving average and cloud around. Indicator shows two types of signals: prepearing – dot and entry – arrow. Slope Entry Points – indicator for MetaTrader 5