Technical Indicators for MetaTrader 5

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MetaTrader 5

MT5 Experts MT5 Indicators MT5 Libraries MT5 Utilities

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Matrix indicator for MT5 by ITC

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Information

Indicators
MetaTrader 5
Renaud Herve Francois Candel
1.10
5

Overview

Matrix Indicator

Matrix Indicator is a simple but effective indicator.
Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator.
This makes it easy to identify when all indicators are aligned and spot high probability entries.

Inputs of indicator are:
  • Indicator: RSI, Stochastic, CCI, Bollinger Bands
  • Param1/Param2/Param3: usual settings for the indicator
  • ValueMin: Oversold level for oscillator
  • ValueMax: Overbought level for oscillator
The indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Example of settings for the indicator:
  • Indicator=RSI
  • Param1=14
  • ValueMin=10
  • ValueMax=90
  • Indicator=Stochastic
  • Param1=5
  • Param2=3
  • Param3=3
  • ValueMin=20
  • ValueMax=80
  • Indicator=CCI
  • Param1=14
  • ValueMin=-100
  • ValueMax=100
  • Indicator=Bollinger
  • Param1=20
  • ValueMin=-2.0
  • ValueMax=2.0

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicators are developed both for MT4 and MT5.

List of all our indicators:
?  You can get the complete list of our indicators visiting our profile page.

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