MQL4 Reference MQL5 features Indicators

MQL5 indicators

In the new terminal, the number of built-in technical indicators has been increased from 30 to 38, while the number of drawing styles of custom indicators has been increased 3 times — from 6 to 18. Now custom indicators are able to use up to 512 indicator buffers. A separate color on each bar can be specified for color styles.


The MQL5 functions allow setting colors and display of individual chart elements, adding the Chart object (OBJ_CHART) to a symbol chart from any other symbol/timeframe and imposing other indicators on it. In order to create a user interface, you can also draw on the canvas, manage an indicator using the keyboard and mouse, and much more.

Thus, with МQL5, the possibilities for developing indicators and any technical analysis tools are endless.