PrevDayLines.mq4 – Draw Previous Day’s High, Low, and Average Price Lines – script MetaTrader 4

PrevDayLines.mq4 - Draw Previous Day's High, Low, and Average Price Lines - script for MetaTrader 4
The PrevDayLines.mq4 script is a tool for MetaTrader 4 that automatically draws three critical price levels from the previous trading day on your chart. These levels include the highest price (Max), the lowest price (Min), and the average price (Avg), providing traders with a clear visual reference for key support and resistance points. The script … Read more

Class CalcFrac – Number of bars before and after the current High / Low (calculated fractal) – library MetaTrader 5

Class CalcFrac - Number of bars before and after the current High / Low (calculated fractal) - library for MetaTrader 5
Calculates fractals and lets you specify the number of bars separately before and after the current High / Low (fractal).Functions: //+——————————————————————+ //| calculate lower fractals                                         | //+——————————————————————+ bool CalcFrac :: is_lower_fr(int number_of_bars) //+——————————————————————+ //| calculate upper fractals                                         | //+——————————————————————+ bool CalcFrac :: is_upper_fr(int number_of_bars) Sample: Indicator : FractalsPeriod Class CalcFrac – Number of bars before and after … Read more

High Low Flat Channel – indicator MetaTrader 5

HighLowFlatChannel
Algorithm for calculation: Define the highest and the lowest price value for a period and check if they located within the boundaries of the range specified. If point 1 is claimed, add / subtract padding from the found values and draw the boundaries of the channel. If “Consider previous boundaries” parameter is true, previous channel … Read more

High, Low and Close of the previous day, week or month – indicator MetaTrader 4

High, Low and Close of the previous day, week or month - indicator for MetaTrader 4
Optimized versions available for free:Metatrader 4: Metatrader 5: Follow on instagram: The indicator shows the High, Close and Low of the previous day, week or month. These levels are very commonly used as support and resistance among traders, so the indicator will draw them and leave a gap between periods to make it easy to … Read more

Retrieve high impact events from ForexFactory.com and display them in your indicator or Expert Advisor – EA MetaTrader 4

Retrieve high impact events from ForexFactory.com and display them in your indicator or Expert Advisor - expert for MetaTrader 4
As I’m currently developing an Expert Advisor for Crude Oil and Brent, I wanted to get from ForexFactory.com the exact date and time of the ‘Crude Oil Inventory’ report. This report is typically issued on Wednesday’s at 10:30am Eastern but when there’s a holiday, the release date can change. As this is an important report … Read more

Candels High Open – indicator MetaTrader 5

Indicator Candels High Open
The entire chain: SignalCandelsHighOpen indicator signal module, the EA based on the signals module — CandelsHighOpen.   If the last three bars (the zero bar is not considered) are rising:          (high[i+1]>high[i+2] && high[i+2]>high[i+3] &&          high[i+3]>high[i+4] && open[i+1]>open[i+2] &&          open[i+2]>open[i+3] && open[i+3]>open[i+4]) means the indicator generates the “+1” signal. If the last three … Read more