Mt5 System
Mt5 System — a MetaTrader 5 indicator kept in the Old Kings collection. Its source code uses CCI, ATR and Momentum. It draws arrows on the chart. It has 19 settings, for example Period (default PERIOD_CURRENT), Slow CCIPeriod (default 14) and Fast CCIPeriod (default 6). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 indicator files with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About Mt5 System
Mt5 System is an indicator for MetaTrader 5 based on CCI, ATR and Momentum. It draws buy and sell arrows on the chart. It has 19 settings, such as Period, Slow cci period and Fast cci period. MQL source code included.
Files in the download: Support Demand.ex5, Support&Resistance.ex5, wlxbwacsig.mq5, woodiescci.mq5, ZigZag_NK_Channel.mq5, c &B.tpl, #4X Bheurekso Pattern (2).ex5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | PERIOD_CURRENT | Period or timeframe used by the calculation |
| Slow cci period | 14 | CCI |
| Fast cci period | 6 | CCI |
| Lsma period | 25 | LSMA |
| Signal bar | 6 | |
| How long | 300 | |
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
| First extr numb | 1 | First peak index number (0,1,2,3...) |
| Upper color | DeepSkyBlue | Upper channel line color |
| Upper style | STYLE_SOLID | Upper channel line style |
| Upper width | w_3 | Upper channel line width |
| Middle color | Teal | Middle line color |
| Middle style | STYLE_DASHDOTDOT | Middle line style |
| Middle width | w_1 | Middle line width |
| Lower color | Magenta | Lower channel line color |
| Lower style | STYLE_SOLID | Lower channel line style |
| Lower width | w_3 | Lower channel line width |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · CCI · ATR · Momentum · MT5 Indicator · MQL5 Source Code