MT5

Rainbow indicator for mt5 – indicator MetaTrader 5

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Rainbow indicator for mt5 - indicator for MetaTrader 5
There are 2 input parameters: AtrMultiplier: The lines will have this* the current Atr value distance from the moving averages. Period: High and Low moving average, Atr period. The basic idea is to have 6 lines: upper will be 2*atrmultiplier*atr +HighMA, second then atrmultiplier*atr + HighMA… Very easy to understand,  I’ve also made a video … Read more

Multi colored trend indicator MT5 – indicator MetaTrader 5

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Multi colored trend indicator MT5 - indicator for MetaTrader 5
The Multi-Colored Trend Indicator is a simple but effective way to identify trends in the market. In this Indicator I used two moving averages to calculate the trend direction and changed color depending on the trend direction (green for uptrend, red for downtrend). This indicator is easy to use and understand.  It’s developed for learning purposes … Read more

Voitto Tappio Candle Gain Candle Loss MT5 – indicator MetaTrader 5

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Voitto Tappio Candle Gain Candle Loss MT5 - indicator for MetaTrader 5
Voitto Tappio displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips … Read more