MT5 Indicators

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

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

Linear Regression calculation based on pine script v4 – indicator MetaTrader 5

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ScreenshotLinreg
Linear regression curve A line that best fits the prices specified over a user-defined time period. It is calculated using the least squares method. The result of this function is calculated using the formula: linreg = intercept + slope * (length – 1 – offset), where length is the y argument, offset is the z … Read more

Volume Profile – indicator MetaTrader 5

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sample screenshot
What is Volume Profile? The volume profile tool, also known as horizontal volume, illustrates transaction volume at each price within a specific time range using a horizontal histogram chart. Longer bars indicate higher transaction volume at that price, while shorter bars represent lower transaction activity. The calculations in this indicator are executed in a simple … Read more

pivots calculation based on pine script v4 – indicator MetaTrader 5

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MT5 Pivots
For MQL4 version please click here. pine script v4 function I/O : pivothigh(source, leftbars, rightbars) → series[float] pivotlow(source, leftbars, rightbars) → series[float] This indicator includes two simple functions to calculate the pivotshigh and pivotslow functions based on pine script. The functions can be used as copy and paste snippet in conversion projects from tradingview platform. Note: The … Read more