The Coppock MetaTrader indicator is a classic tool for identifying long-term market opportunities, originally developed by Edward Coppock in 1962. It identifies buy signals by applying a weighted moving average to the sum of two rates of change. This MetaTrader version allows modification of the basic indicator parameters – ROC1Period (default is 14), ROC2Period (default is 11), and MAPeriod (default is 10). In MT4, the MAType parameter is set to weighted moving average (default is 3), and changes are generally not recommended. The Coppock curve strategy suggests buying as the curve rises from a trough below zero and selling as it falls from a peak above zero, ignoring smaller fluctuations. It aids in tracking early-stage trends without anticipating exact highs and lows. This tool is compatible with both MT4 and MT5 platforms.
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The 3rd Generation Moving Average introduces enhancements over the traditional moving average (MA) indicator used in MetaTrader platforms. By integrating a straightforward lag-reducing mechanism based on an extended MA period, this indicator improves responsiveness to price shifts. Authored by M. Duerschner, the approach utilizes λ = 2, optimizing lag reduction without necessitating DLL support. This tool is operational on both MT4 and MT5. Key input parameters include MA_Period (default 50), which dictates the moving average period, and MA_Sampling_Period (default 220), which should quadruple the MA_Period for efficacy. The MA_Method parameter defaults to MODE_EMA, while MA_Applied_Price is set to PRICE_TYPICAL. Notably, even with its improvements, the 3rd Gen MA can produce false signals and exhibit residual lag when assessing trend directions.
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The Daily Percentage Change indicator for MetaTrader provides traders with a view of currency rate fluctuations from the previous daily close, presented in percentage points on the main chart window. It also offers insights into weekly and monthly percentage changes. Customizable settings allow traders to assign different colors to positive or negative movements, along with an arrow for quick direction indication. A Time Shift parameter compensates for brokers using unconventional time zones. The indicator is compatible with both MT4 and MT5 platforms.

In terms of customization, the indicator lets users adjust various input parameters, including text and arrow positioning, font sizes, and color settings for up or down price movements. A notable feature is the ability to display changes in specified screen corners, with adjustments for both text and arrow...
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The Aroon Up & Down indicator for MetaTrader is a tool designed for identifying local tops and bottoms in applied charts. This aids traders in determining optimal points for buying and selling currency pairs. The indicator operates by signaling when currency pairs rise from bottoms or fall from tops. The intersection of the Aroon lines provides cues for profit-taking or minimizing losses. Both MT4 and MT5 platforms support this indicator, which can issue alerts via sound and email.

Configuration involves setting the AroonPeriod, typically defaulted to 14, which dictates the scope of chart bars reviewed for trend analysis. Adjusting the period affects the smoothness of output lines; longer periods yield smoother lines, while shorter ones increase signal frequency. MailAlert and SoundAlert options allow traders to personalize notification preferences, choo...
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The Detrended Price Oscillator (DPO) is a MetaTrader indicator that focuses on short-term trend changes within a longer trend. It highlights discrepancies between the current price and a simple moving average adjusted by (Period / 2) + 1 bars. Unlike stochastic oscillators, it targets internal price waves rather than broader movements. The DPO is available for both MT4 and MT5 platforms.

Key parameters include MA_Period (default 14) defining the simple moving average period, and BarsToCount (default 400) specifying the calculation span. Alert settings include native alerts, email alerts, and push notifications, configured in MetaTrader.

The indicator signals trend changes as it crosses the zero line, though it may lag, making predictive analysis useful. It also aids in confirming short-term trends and identifying divergences for potential major trend...
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The Basing Candlesticks MetaTrader indicator identifies and highlights basing candles, characterized by a body length less than 50% of the high-low range. It marks these candles with histogram lines in MT4 or custom candles in MT5 directly on the chart. Users can adjust the percentage criterion via input parameters. Alerts can be enabled for new basing candle detection, with options for pop-up, sound, email, and push alerts. The TriggerCandle parameter determines which candlestick is checked for alerts. Adjustments to alert messages and sound files can be configured, with notification settings available through MetaTrader's Tools->Options menu for proper alert setup.
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Donchian Ultimate is a robust MetaTrader indicator, enhancing the traditional Donchian channel with advanced features. It allows for variable periods and shifts, and offers a middle line functionality that can be toggled. Users benefit from its support for multi-timeframe operation, making it adaptable to different trading strategies. The indicator provides five distinct calculation methods for channel borders, offering flexibility in analysis. It also includes optional support and resistance zones adjacent to the main channel's borders, which can provide strategic insights into market movements.

Donchian Ultimate comes equipped with a comprehensive alert system, which includes alerts for bullish and bearish crossings of the middle line, as well as notifications for candle closures within resistance or support zones. It supports MetaTrader's pop-up...
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The BB MACD MetaTrader indicator enhances standard MACD applications by marking trend change points and evaluating trend strength. Plotted in a separate chart window, it features blue and red lines, alongside green or magenta dots. Dot color changes serve as a signal indicator, and line gap width signifies trend strength. This tool supports both MT4 and MT5 platforms.

Key input parameters include FastLen (12) for the fast moving average, SlowLen (26) for the slow moving average, and Length (10) for calculating moving average and standard deviations. Additionally, barsCount (400) limits the applicable chart bars, and StDv (2.5) fixes the standard deviation's weight. Alerts can be enabled for color changes, including pop-up, sound, email, and push notifications, provided configurations are correctly set. Green dots turning magenta suggest selling; the r...
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The Dots indicator, originally developed by TrendLaboratory in 2006, serves as a trend direction tool for MetaTrader. It places colored dots on the main chart; blue indicates a bullish trend, while red signals a bearish trend. Unlike standard indicators, it calls the iMA() function to retrieve price values based on the selected price type, such as Close, Open, or High. The methodology incorporates the cosine of price change angles. Users have access to several modifiable parameters.

Available for both MT4 and MT5, key input parameters include Length (defaulted to 10), influencing signal lag and accuracy; AppliedPrice, for determining the price type in calculations; Filter, useful for ignoring spikes without added lag; Deviation, and Shift, which adjust the vertical and horizontal display of the indicator. A typical strategy involves waiting for two c...
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The beginner MetaTrader indicators for MT4 and MT5 provide a straightforward method to identify local tops and bottoms with red and blue dots on charts. This custom indicator examines maximum and minimum points over a specified period and assesses their significance relative to the trading range of the currency pair. If a top or bottom is notably significant, it is marked with a dot.

It is crucial to note that this indicator is not suited for generating trading signals, as it can redraw itself. Dots may shift, so using them to make buy or sell decisions is ill-advised. The indicator is more useful as a tool for identifying potential support and resistance levels, particularly if implementing a breakout trading system or for developing custom indicators.

Key input parameters include AllBars, Otstup, and Per. AllBars, set by default to 0, represents t...
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Easy Trend Visualizer is an MT4 and MT5 indicator providing key insights into trend dynamics. It clearly marks the start and end of trends, as well as periods of trend absence, leveraging the Average Directional Movement Index (ADX) for rapid performance. The indicator operates within the main chart window, offering varied alerts such as horizontal line appearances, crosses, and directional arrows.

Configurable input parameters include multiple ADX periods (10, 14, 20 by default) for tailored trend analysis. Users can choose to activate alerts for line appearances, arrow signals, and line crosses. The settings allow specification of the number of previous lines to track for alert accuracy and the minimum line length to avoid false alerts.

Customization options cater to different alert preferences with color settings for arrows and native alerts for in-p...
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The BMA (Band Moving Average) indicator for MetaTrader platforms leverages the original moving average concept with enhancements for trading analysis. This technical tool is visualized through three lines: the central line represents the standard moving average, which can be configured as simple, exponential, or weighted. The upper and lower lines are derived by offsetting the central moving average by a default of 2%, providing potential support and resistance levels.

Compatible with both MT4 and MT5, BMA's key input parameters include MA_Period (default 49), MA_Shift (default 0), MA_Method (default Simple), and Percentage (default 2). The indicator is particularly applicable for the EUR/USD H4 chart. It suggests tactical moves: consider selling at the upper band and buying at the lower band. Implementing a moderate stop-loss is prudent, as price move...
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The Fisher MetaTrader indicator is a user-friendly histogram tool designed to identify trend direction and strength while signaling potential trend changes. Unlike conventional MT4/MT5 indicators, it operates independently, leveraging maximum and minimum price levels from previous periods. This is achieved through advanced mathematical calculations that correlate current prices with historical max/min values. Available for MT4 and MT5, this is a "repainting" indicator, meaning it recalculates past bars when a new bar appears.

The input parameter, Period (default = 10), determines bars to compute max/min values. A higher period reduces false signals but increases lag. On charts, green histograms indicate upward trends; red denotes downward trends. Traders often close short positions and go long when red turns green, and vice versa. During tests, it de...
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The Bollinger Squeeze Advanced MetaTrader indicator is designed for technical analysis. It integrates Bollinger bands and Keltner channel to assess market trendedness and utilizes a histogram to indicate trend direction and strength. This histogram leverages one of eight oscillators: Stochastic, CCI, RSI, MACD, Momentum, Williams % Range, ADX, and DeMarker. Displayed in a separate chart window, the indicator employs bar color and width to communicate data effectively.

Multi-timeframe operation and comprehensive alert functionalities are included, compatible with MT4 and MT5 trading platforms. Input parameters allow customization for timeframe, oscillator type, and various alert settings. Trend strength and direction are visualized using green bars for uptrends and red bars for downtrends. Thick blue bars denote a sideways market condition when Boll...
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The Float MetaTrader indicator is a complex tool for analyzing historical and current trends of a currency pair. It illustrates trend initiation and termination points in a separate chart window, integrating Fibonacci and DiNapoli levels on the main chart. Additionally, it indicates the timing of local high and low detections. Both MT4 and MT5 platforms support this indicator. Keep in mind, the indicator repaints its levels by analyzing approximately 200 bars by default. Therefore, it is inadvisable to use it for trading signals, as the levels may adjust as market conditions evolve. Utilize this tool primarily for scrutinizing trend swing durations and key chart levels. Users can adjust many settings, including element colors, widths, and styles, to suit their preferences. Settings like 'Float' determine the number of bars analyzed. Options to disable...
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The Bollinger Squeeze Basic MetaTrader indicator combines Momentum, Bollinger Bands, and the Keltner Channel, displayed as a Momentum histogram and a series of dots. Available for MT4 and MT5, it forms part of the Not So Squeezy indicator system. Key parameters include MaxBars, BB_Period, BB_Deviation, Keltner_Period, Keltner_Factor, and Momentum_Period. Alert settings like EnableNativeAlerts, EnableEmailAlerts, and EnablePushAlerts can notify users of changes in arrow colors.

Momentum is visualized through color-coded bars, signaling trend strength and direction. The indicator's volatility measurement, shown by blue and red squares, indicates market phases. Red squares suggest a strong trend with Bollinger Bands outside the Keltner Channel, while blue squares suggest a flat market with Bands inside. This setup aids in timing trades during breakou...
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The Gain/Loss Info MetaTrader indicator quantifies gains and losses when a specified threshold is exceeded. Calculations are expressed in points and percentages. This tool operates in two modes: the difference between candlestick Close and Open, or the difference between the current Close and previous Close. Customizable input parameters include PercentageLimit (default 1.0) which sets the minimum change for display in percentage points, and PointsLimit (default 1000), setting the minimum change in points. Users can modify the font color for positive and negative changes with DisplayGainColor and DisplayLossColor, set to green and red by default, respectively. The indicator is compatible with MT4 and MT5 platforms. Users can define the font face, size, and the maximum number of bars for calculation. An increased MaxBars value increases lag. The ObjectPref...
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The Candle Wicks Length Display indicator enhances trading strategies by measuring the length of candle wicks directly on the chart. Compatible with MT4 and MT5, it allows traders to adjust the minimum wick length for display, or highlight wicks shorter than the specified limit. Alerts can be established when certain thresholds are met, utilizing sound, visual, email, or push notifications. The tool is particularly useful for strategies dependent on long wicks for trade signals.

Key parameters include options for displaying wick measurements in pips or percentage points, customizing colors for bullish or bearish wicks, and setting specific limits for triggering alerts. Additional features include the option to analyze the average wick size over a specified number of candles, with customizable display settings. The indicator provides flexibility in ad...
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Keltner Channel, developed by Chester W. Keltner in 1960, is a technical analysis tool similar to Bollinger Bands and Envelopes. It employs three lines: a 10-day simple moving average as the middle line, calculated using the typical price ((high + low + close)/3). Upper and lower bands are determined by adding and subtracting the moving average of daily price range deviations from the middle line. This creates a volatility-based channel. The indicator is customizable and available for MT4 and MT5 platforms.

Default parameters include MA_Period (10), Mode_MA (MODE_SMA), and Price_Type (PRICE_TYPICAL). The classic strategy involves going long when the price closes above the upper band and short when it closes below the lower band. Exits can be managed using a stop-loss, take-profit, or a cross with the middle line. Combining with other indicators may en...
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Neural network training often involves optimizing model parameters. The Adam optimizer is popular for its adaptive learning rates for each parameter, but it demands high memory. This poses challenges with large-scale models, often leading to increased training time due to CPU offloading. The recent Adam-mini optimizer offers a solution by reducing memory usage while maintaining performance. It simplifies learning rate assignments by grouping parameters and using a single rate per block. This change cuts memory consumption significantly and boosts efficiency, enabling larger batch sizes on GPUs. For MQL5 implementation, modifications across classes are necessary to integrate Adam-mini, ensuring memory optimization and efficient computation.
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