Non Lag Dot Indicator For MetaTrader 5
This Old Kings indicator for MetaTrader 5 is called Non Lag Dot Indicator For MetaTrader 5. In the code it works with moving averages. It has 6 settings, for example Price (default PRICE_CLOSE), Type (default MODE_SMA) and Length (default 10). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Non Lag Dot Indicator For MetaTrader 5
Non Lag Dot Indicator For MetaTrader 5 is an indicator for MetaTrader 5 based on Moving Average. It has 6 settings, such as Price, Type and Length. MQL source code included.
Files in the download: nonlagdot.mq5, FREE TRADING SYSTEMS AND INDICATORS.url, nonlagdot.ex5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | PRICE_CLOSE | Applied price |
| Type | MODE_SMA | Smoothing method |
| Length | 10 | Indicator calculation period |
| Filter | 0 | |
| Deviation | 0 | Deviation |
| Shift | 0 | Horizontal shift of the indicator in bars |
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: Moving Average · MT5 Indicator · MQL5 Source Code