Indicator

Candlestick Body, High Low and Wick Range – indicator MetaTrader 5

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Candlestick Body, High Low and Wick Range - indicator for MetaTrader 5
Click on candlestick to see its body range, high low range, upper wick range and lower wick range value. Bullish Candlestick Body Range = Close – Open Bearish Candlestick Body Range = Open – Close High low range = High – Low Upper wick range & lower wick range Press D key to delete text. … Read more

wd.Multi_LineMA – indicator MetaTrader 5

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wd.Multi_LineMA - indicator for MetaTrader 5
The MT5 custom indicator, named “wd.Multi_LineMA.mq5,” is designed to offer traders valuable insights into Moving Average values from a higher timeframe (MTF Multi TimeFrame). It encompasses additional visual features for in-depth analysis, such as the ability to view trails for a specified number of bars and a dynamic MA horizontal price line. Here’s how the … Read more

Multi time frame example by recursion – indicator MetaTrader 4

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Multi time frame example by recursion - indicator for MetaTrader 4
The purpose of this indicator is to demonstrate newbie friendly way a structure of a multi time frame indicator based on recursion. A function which is responsible of the indicator calculation itself can be replaced easily. A functionality which is responsible of downloading of multi time frame data can also be utilized and if modified … Read more