Graphical representation visible to a user is displayed by a client terminal. Calling Functions of Technical Indicators If needed, a programmer may use the full code or part of it to create custom indicators (see Creation of Custom Indicators).
However, the source code, upon which a technical indicator is calculated, is available on the software developer website ( MetaQuotes Ltd.) in the section Technical Indicators. So a user is secured from an erroneous modification of built-in technical indicators. Code UnchangeabilityĪll technical indicators are built-in, their code is not available for making modifications. 104 technical indicator Alligator is drawn in a chart window. Indicator lines of a technical indicator may be drawn both in the main chart window and in a separate window in the lower part of a security window. Attachment of a technical indicator to a chart. As a result one or several lines calculated in this indicator will appear in the chart window.įig. For attaching a technical indicator to a chart from Navigator window, a very simple method is used - drag-&-drop of the technical indicator name from Navigator window to a chart window.
This can be done via the system menu Insert > Indicators or via Navigator window of a client terminal. To draw this dependence graphically on the screen, a technical indicator should be attached to a chart. Technical indicator is an integral part of the on-line trading system MetaTrader, built-in function that allows drawing on the screen a certain dependence.Įach technical indicator calculates a certain predefined dependence. According to belonging to the on-line trading system MetaTrader 4 there are two types of indicators in MQL4 - technical and custom.
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