MetaTrader 5 Indicators
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MetaTrader 5 Indicators
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To use this indicator, turn off bid, ask, and last price from the MT5 options. It will show the value of a tick move and the bid ask line segments.
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Details: ShowBidAsk

July 5th, 2020
Size: 3.82 KB
Downloaded: 15 times

Keywords: ask bid price
This is a quick Keltner I wrote for fun. Let me know if you see any changes that are needed.
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Details: Keltner_ATR

May 22nd, 2020
Size: 4.71 KB
Downloaded: 13 times
Linear regression line
Here is a linear regression line for MT5.

If somebody could improove it to become a Trigger line. Only the Exponential moving average have to be plot with the linreg line. It could be done with Costume moving average, which has the option (Previous indicators data). But it would be better if it would be coloured trigger line like in Ninjatrader.
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Details: Linear regression line

July 1st, 2011
Size: 4.46 KB
Downloaded: 63 times

Keywords: line linear mt5 regression
Coloured EMA which is not found by me.
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Details: COLOR MA MT5

July 1st, 2011
Size: 2.80 KB
Downloaded: 70 times

Keywords: color ema ma
ZigZag Parabolic (MetaTrader) 4 *
ZigZagOnParabolic MetaTrader indicator based on two standard MT4/MT5 indicators ZigZag and Parabolic SAR, it tries to show an improved version of the first one by marking the extrema of the chart with a smaller delay. Standard ZigZag looks for new extremum by searching the percentage deviation of the price from the previous extremum. This new ZigZag does so by looking at the Parabolic SAR indicator. Both ZigZag and the Parabolic SAR are drawn atop of the chart.
Input parameters:

  • Step (default = 0.02) one of the parameters of the standard Parabolic SAR indicator.
  • Maximum (default = 0.2) another parameter of the standard Parabolic SAR indicator.
  • ExtremumsShift (default = true) if true then the extrema are shown at their actual places; if false then the extrema are shown at the points in time when they were detected. Useful to see the delay between the actual extremum appearance and its detection point.
  • History (default = 0) amount of bars to use for calculation of the indicator. Change only if your PC is really slow. 0 all bars are used in the calculation.
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Details: ZigZag Parabolic (MetaTrader)

December 20th, 2009
Size: 5.41 KB
Downloaded: 77 times

Keywords: metatrader mq5 mt5 zigzag
Laguerre (MetaTrader)
Laguerre MetaTrader indicator a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for easy entry and exit signals.

Input parameters:

  • gamma (default = 0.7) multiplier that is used in the line's levels calculation. The higher it is the smoother is the line.
  • CountBars (default = 950) the maximum amount of bars for which to calculate this indicator. Set as high as possible if you don't experience performance problems.
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Details: Laguerre (MetaTrader)

December 20th, 2009
Size: 3.09 KB
Downloaded: 61 times

Keywords: laguerre metatrader mq5 mt5


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