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The document describes a MetaTrader 5 indicator that overlays parallel channels for selected higher timeframes on the current chart. For each timeframe, it uses the last two closed candles: their open-close midpoints determine the median line and its slope,…

This indicator represents MACD as candles rather than displaying price bars and a separate signal line. It calculates four MACD values from the open, close, high, and low price series, then combines those values into a candle format. Candle color, which…

This document describes an expert advisor intended to check a broker’s order execution and spread. It is attached to a chart and sends a Buy Stop order 100 pips away from the current price, then modifies that order. The order activity provides a way to…

The document describes an Alligator indicator whose three lines use a volume-adjusted moving-average method. It identifies adjustable periods and shifts for the Jaws, Teeth, and Lips lines, along with the applied price used in the calculations. These…

The document describes an indicator that measures how far the current price is from a rolling mean in units of standard deviation. Because the score is unbounded, it can represent unusually large deviations without the fixed ceiling of bounded oscillators…

This expert-advisor strategy enters a position when the ColorPEMA_Digit indicator changes color at a bar close. It includes an optional time-based exit: when a trade has been open longer than a preset number of minutes, the position is closed immediately.…

This brief describes a trade-management tool that closes positions associated with the chart's symbol when their combined profit or loss reaches configured thresholds. It treats positions for that symbol separately from positions in other symbols, and…

The document describes a higher-timeframe version of the Adaptive Relative Vigor Index indicator. Users can select the chart period for the indicator through an input parameter, with a four-hour period shown as the default. This lets the indicator display…

This expert advisor uses a modified Awesome Oscillator (AO) to generate reversal signals. It buys when a green AO bar appears below zero after a run of red bars, and sells when a red bar appears above zero after a run of green bars. Stochastics and Bollinger…

This short indicator description explains how to display price change as a percentage of the current candlestick’s opening price. The displayed value is relative to that candle’s open, rather than a return calculated from a prior candle’s close. The user can…

This document describes an MT4 script that exports account order history to a delimited file for analysis in spreadsheet software. Alongside the available trade attributes, it calculates fields such as net profit after swap and commission, price movement,…

This example explains how a MetaTrader indicator can use an iCanvas library to draw an interactive overlay on a price chart. A timer checks whether the mouse has moved; when it has, the indicator redraws a soft spot, a price information panel, crosshairs,…

This indicator looks for divergence by applying a linear regression channel to the MACD. It draws a middle channel line whose color changes to signal a change in slope; users can treat that change as a divergence cue and respond according to their usual…

ICE is presented as an aggressive momentum system that seeks strong price impulses and validates them before entry. Detection combines volume with candle-body strength relative to volatility. Confirmation uses a moving-average slope and volatility and spread…

The indicator presents Heikin Ashi open and close values as two chart lines. Its purpose is to retain the smoother view traders often use to see trends while making the transformed values visible without replacing the underlying price candles. The close is…

The document describes a higher-timeframe option for the ExchangePrice indicator. A user selects the indicator’s chart period through an input parameter, with a four-hour period shown as the default example. This lets the indicator use a timeframe chosen in…

The document describes an expert advisor that monitors an existing position and opens an opposite position when the original position’s loss exceeds a configured pip threshold. For a losing buy, it opens a sell of the same lot size. It then monitors that…

The document explains a position sizing calculator that converts a trader’s risk budget and stop-loss distance into a proposed lot size. The budget may be specified as a fraction of account equity or a fixed account-currency amount. The calculator uses the…

This document explains how to use the FuzzyNet library in MQL5 to build fuzzy inference systems of the Mamdani or Sugeno type. It outlines a workflow: define input and output variables, assign linguistic terms and membership functions, create rules, provide…

The document introduces StepMA_Stoch_KV1 as a non-normalized oscillator displayed as a histogram with seven colors. This establishes its broad visual form and distinguishes it from indicators that rescale values to a standard range. The entry also identifies…

CronexDeMarker is described as a modification of MACD that uses data from the DeMarker indicator. Its output is presented as a colored cloud, offering a visual way to inspect the combined indicator values. The document identifies the author and notes that…

YABSI is described as a chart indicator that marks buy and sell signals using comparisons among recent closing prices, highs, lows, and a typical-price series. Its only listed setting controls whether the typical-price line is shown; that line is also used…

The document presents a classic pivot-point calculation based on a period’s high, low, and close. The central pivot is their average. It then derives three resistance levels above the pivot and three support levels below it, with the outer levels extending…

The Expert Advisor described here searches a chosen number of recent bars on a configurable timeframe for the highest high and lowest low. It then places a Buy Stop above the high and a Sell Stop below the low, with the distance set by an indentation…