MT5 Indicators

MetaTrader 5 (MT5) indicators are essential tools for technical analysis within the MetaTrader 5 trading platform; MQL5 source codes available

PTB – indicator MetaTrader 5

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PTB - indicator for MetaTrader 5
Indicator Description: PTB.mq5 Overview: The PTB.mq5 indicator is designed for use in the MetaTrader 5 trading platform. It calculates and displays short-term and long-term high and low levels, along with Fibonacci retracement levels based on these extremes. Features: – Short-Term High and Low: The indicator computes the highest and lowest prices over a user-defined short … Read more

ChartObjectsCopyPaste – indicator MetaTrader 5

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2 graphical objects pasted on chart via clipboard
Have you ever needed to copy and paste some graphical objects between open charts? I think you have. Surprisingly, MetaTrader does not provide “Copy & Paste” feature for objects. The only thing that allows you to achieve more or less similar effect is templates (tpl-files). But the template stores the full chart state, including indicators, … Read more

Neurotest – EA MetaTrader 5

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Neurotest - expert for MetaTrader 5
The code is an Expert Advisor for MetaTrader 5 based on a neural network. It uses historical market data to predict future price movements. The neural network has a hidden layer and adjusts its weights during training. There is a dynamic stop loss calculated with the ATR indicator. The EA has protection mechanisms against excessive … Read more

Rsi Engulfing Bar V2 – indicator MetaTrader 5

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Rsi Engulfing Bar V2 - indicator for MetaTrader 5
RSI Condition:The Relative Strength Index (RSI) for the current period is below a specified low threshold (RsiLow). This indicates oversold conditions. Candlestick Pattern:It checks for a specific candlestick pattern across three consecutive candles: The current candle (1) closes higher than it opens (bullish) The previous candle (2) closes lower than it opens (bearish) The current … Read more

Rsi Ema Engulfing Bar V3 – indicator MetaTrader 5

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Rsi Ema Engulfing Bar V3 - indicator for MetaTrader 5
This MT5 alert is designed to identify potential buying opportunities based on several technical indicators and price action patterns. Here’s how it works: Buy Conditions 1. RSI Condition: The Relative Strength Index (RSI) for the current period is below a specified low threshold (RsiLow). This indicates oversold conditions. 2. Candlestick Pattern: It checks for a … Read more

Bullish/Bearish Engulfing Pattern strategy – EA MetaTrader 5

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Bullish/Bearish Engulfing Pattern strategy - expert for MetaTrader 5
Main Functions: Engulfing Pattern Detection: Identifies bullish or bearish engulfing patterns for trade signals. RSI Confirmation: Confirms signals using the RSI indicator, filtering out weak trades. Dynamic Stop Loss and Take Profit: Automatically adjusts SL and TP based on market volatility using the ATR indicator. Adaptive Trailing Stop: Trailing stop is adjusted based on volatility … Read more

Fair Value Gap (FVG) Indicator – indicator MetaTrader 5

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Fair Value Gap (FVG) Indicator - indicator for MetaTrader 5
Fair Value Gap (FVG) in trading refers to a price inefficiency or imbalance that occurs when there is a significant gap between the opening, high, low, and closing prices of three consecutive candles. It typically happens when one candle’s range fails to fully overlap with the previous and subsequent candles, leaving a “gap” in the … Read more