forex-scalping.com

Posted: **Wed Jul 29, 2026 6:26 pm**

Hi guys,

I would like to share with you my custom made Xau/Xag indicator. I use it for scalping small inbalances after trading News or volatile markets. (Gold/Silver indicator)

Here it is for MT4:

Code: Select all

 //+------------------------------------------------------------------+
//|                                              XAU_XAG_Tracker.mq4 |
//|                                            Professional Tracking |
//+------------------------------------------------------------------+
#property copyright "Your Name"
#property link      ""
#property version   "1.00"
#property indicator_chart_window
#property indicator_plots 0

//--- Professional Input Parameters
input string   GoldSymbol     = "XAUUSD";             // Gold Symbol Name (Match your broker)
input string   SilverSymbol   = "XAGUSD";             // Silver Symbol Name (Match your broker)
input color    GoldColor      = clrGold;              // Gold Text Color
input color    SilverColor    = clrSilver;            // Silver Text Color
input int      FontSize       = 14;                   // Font Size
input string   FontName       = "Trebuchet MS";       // Font Type (Clean & Professional)
input ENUM_BASE_CORNER Corner = CORNER_RIGHT_UPPER;   // Panel Corner Anchor
input int      X_Offset       = 20;                   // X-Axis Distance from corner
input int      Y_Offset       = 20;                   // Y-Axis Distance from corner
input int      LineSpacing    = 25;                   // Space between lines

//--- Internal Object Names
string obj_gold = "Label_Gold_Price";
string obj_silver = "Label_Silver_Price";

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {
   // Initialize and create the text labels on the chart
   CreateLabel(obj_gold, Corner, X_Offset, Y_Offset, GoldColor);
   CreateLabel(obj_silver, Corner, X_Offset, Y_Offset + LineSpacing, SilverColor);

   return(INIT_SUCCEEDED);
  }

//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
  {
   // Clean up the chart when the indicator is removed
   ObjectDelete(0, obj_gold);
   ObjectDelete(0, obj_silver);
  }

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
  {
   // Fetch latest Bid prices and the specific broker's digit formatting
   double gold_price = MarketInfo(GoldSymbol, MODE_BID);
   int gold_digits = (int)MarketInfo(GoldSymbol, MODE_DIGITS);
   
   double silver_price = MarketInfo(SilverSymbol, MODE_BID);
   int silver_digits = (int)MarketInfo(SilverSymbol, MODE_DIGITS);

   // Update Gold text dynamically
   if(gold_price > 0)
     {
      string gold_text = GoldSymbol + ": " + DoubleToStr(gold_price, gold_digits);
      ObjectSetString(0, obj_gold, OBJPROP_TEXT, gold_text);
     }
   else
     {
      ObjectSetString(0, obj_gold, OBJPROP_TEXT, GoldSymbol + ": Waiting for tick...");
     }

   // Update Silver text dynamically
   if(silver_price > 0)
     {
      string silver_text = SilverSymbol + ": " + DoubleToStr(silver_price, silver_digits);
      ObjectSetString(0, obj_silver, OBJPROP_TEXT, silver_text);
     }
   else
     {
      ObjectSetString(0, obj_silver, OBJPROP_TEXT, SilverSymbol + ": Waiting for tick...");
     }

   return(rates_total);
  }

//+------------------------------------------------------------------+
//| Helper function to create graphical text labels                  |
//+------------------------------------------------------------------+
void CreateLabel(string name, ENUM_BASE_CORNER corner, int x, int y, color clr)
  {
   // Only create if it doesn't already exist
   if(ObjectFind(0, name) < 0)
     {
      ObjectCreate(0, name, OBJ_LABEL, 0, 0, 0);
      ObjectSetInteger(0, name, OBJPROP_CORNER, corner);
      ObjectSetInteger(0, name, OBJPROP_XDISTANCE, x);
      ObjectSetInteger(0, name, OBJPROP_YDISTANCE, y);
      ObjectSetString(0, name, OBJPROP_FONT, FontName);
      ObjectSetInteger(0, name, OBJPROP_FONTSIZE, FontSize);
      ObjectSetInteger(0, name, OBJPROP_COLOR, clr);
      ObjectSetInteger(0, name, OBJPROP_BACK, false);
      ObjectSetInteger(0, name, OBJPROP_SELECTABLE, false); // Prevent accidental clicking/dragging
      ObjectSetInteger(0, name, OBJPROP_HIDDEN, true);      // Hide from object list to keep UI clean
     }
  }
//+------------------------------------------------------------------+

Posted: **Wed Jul 29, 2026 6:28 pm**

Here it is for MT5, pro grade indicator

Code: Select all

 //+------------------------------------------------------------------+
//|                                              XAU_XAG_Tracker.mq5 |
//|                                            Professional Tracking |
//+------------------------------------------------------------------+
#property copyright "Your Name"
#property link      ""
#property version   "1.00"
#property indicator_chart_window
#property indicator_plots 0

//--- Professional Input Parameters
input string   GoldSymbol     = "XAUUSD";             // Gold Symbol Name (Match your broker)
input string   SilverSymbol   = "XAGUSD";             // Silver Symbol Name (Match your broker)
input color    GoldColor      = clrGold;              // Gold Text Color
input color    SilverColor    = clrSilver;            // Silver Text Color
input int      FontSize       = 14;                   // Font Size
input string   FontName       = "Trebuchet MS";       // Font Type (Clean & Professional)
input ENUM_BASE_CORNER Corner = CORNER_RIGHT_UPPER;   // Panel Corner Anchor
input int      X_Offset       = 20;                   // X-Axis Distance from corner
input int      Y_Offset       = 20;                   // Y-Axis Distance from corner
input int      LineSpacing    = 25;                   // Space between lines

//--- Internal Object Names
string obj_gold = "Label_Gold_Price_MT5";
string obj_silver = "Label_Silver_Price_MT5";

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {
   // Ensure symbols are visible in Market Watch (required in MT5)
   SymbolSelect(GoldSymbol, true);
   SymbolSelect(SilverSymbol, true);

   // Create the text labels on the chart
   CreateLabel(obj_gold, Corner, X_Offset, Y_Offset, GoldColor);
   CreateLabel(obj_silver, Corner, X_Offset, Y_Offset + LineSpacing, SilverColor);

   // Set a 1-second timer. This forces the dashboard to update 
   // even if the chart it is attached to isn't receiving ticks!
   EventSetTimer(1);

   return(INIT_SUCCEEDED);
  }

//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
  {
   // Kill the timer and clean up the objects
   EventKillTimer();
   ObjectDelete(0, obj_gold);
   ObjectDelete(0, obj_silver);
   ChartRedraw(0);
  }

//+------------------------------------------------------------------+
//| Timer function (Updates independently of chart ticks)            |
//+------------------------------------------------------------------+
void OnTimer()
  {
   UpdatePrices();
  }

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
  {
   // Also update on standard chart ticks for maximum responsiveness
   UpdatePrices();
   return(rates_total);
  }

//+------------------------------------------------------------------+
//| Main logic to fetch and display prices                           |
//+------------------------------------------------------------------+
void UpdatePrices()
  {
   // Fetch latest Bid prices and broker's digit formatting (MQL5 syntax)
   double gold_price = SymbolInfoDouble(GoldSymbol, SYMBOL_BID);
   int gold_digits = (int)SymbolInfoInteger(GoldSymbol, SYMBOL_DIGITS);
   
   double silver_price = SymbolInfoDouble(SilverSymbol, SYMBOL_BID);
   int silver_digits = (int)SymbolInfoInteger(SilverSymbol, SYMBOL_DIGITS);

   // Update Gold text dynamically
   if(gold_price > 0)
     {
      // DoubleToString is the MQL5 equivalent of DoubleToStr
      string gold_text = GoldSymbol + ": " + DoubleToString(gold_price, gold_digits);
      ObjectSetString(0, obj_gold, OBJPROP_TEXT, gold_text);
     }
   else
     {
      ObjectSetString(0, obj_gold, OBJPROP_TEXT, GoldSymbol + ": Awaiting Data...");
     }

   // Update Silver text dynamically
   if(silver_price > 0)
     {
      string silver_text = SilverSymbol + ": " + DoubleToString(silver_price, silver_digits);
      ObjectSetString(0, obj_silver, OBJPROP_TEXT, silver_text);
     }
   else
     {
      ObjectSetString(0, obj_silver, OBJPROP_TEXT, SilverSymbol + ": Awaiting Data...");
     }

   // Force MT5 to instantly redraw the updated text
   ChartRedraw(0);
  }

//+------------------------------------------------------------------+
//| Helper function to create graphical text labels                  |
//+------------------------------------------------------------------+
void CreateLabel(string name, ENUM_BASE_CORNER corner, int x, int y, color clr)
  {
   // Only create if it doesn't already exist
   if(ObjectFind(0, name) < 0)
     {
      ObjectCreate(0, name, OBJ_LABEL, 0, 0, 0);
      ObjectSetInteger(0, name, OBJPROP_CORNER, corner);
      ObjectSetInteger(0, name, OBJPROP_XDISTANCE, x);
      ObjectSetInteger(0, name, OBJPROP_YDISTANCE, y);
      ObjectSetString(0, name, OBJPROP_FONT, FontName);
      ObjectSetInteger(0, name, OBJPROP_FONTSIZE, FontSize);
      ObjectSetInteger(0, name, OBJPROP_COLOR, clr);
      ObjectSetInteger(0, name, OBJPROP_BACK, false);
      ObjectSetInteger(0, name, OBJPROP_SELECTABLE, false); // Prevent accidental clicking
      ObjectSetInteger(0, name, OBJPROP_HIDDEN, true);      // Hide from object list
     }
  }
//+------------------------------------------------------------------+

Posted: **Wed Jul 29, 2026 6:30 pm**

And this version i have made for IC trader:

Code: Select all

 using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class XAUXAGTracker : Indicator
    {
        //--- Professional Input Parameters
        [Parameter("Gold Symbol", DefaultValue = "XAUUSD")]
        public string GoldSymbolName { get; set; }

        [Parameter("Silver Symbol", DefaultValue = "XAGUSD")]
        public string SilverSymbolName { get; set; }

        //--- Internal UI Elements & Symbol Objects
        private Symbol _goldSymbol;
        private Symbol _silverSymbol;
        private TextBlock _goldTextBlock;
        private TextBlock _silverTextBlock;
        private StackPanel _mainPanel;

        protected override void Initialize()
        {
            // Fetch the external symbols from the broker's data feed
            _goldSymbol = Symbols.GetSymbol(GoldSymbolName);
            _silverSymbol = Symbols.GetSymbol(SilverSymbolName);

            // Create the Gold TextBlock
            _goldTextBlock = new TextBlock
            {
                Text = "Loading Gold...",
                ForegroundColor = Color.Gold,
                FontSize = 14,
                FontFamily = "Trebuchet MS",
                FontWeight = FontWeight.Bold,
                Margin = new Thickness(0, 0, 0, 5) // 5px bottom margin for spacing
            };

            // Create the Silver TextBlock
            _silverTextBlock = new TextBlock
            {
                Text = "Loading Silver...",
                ForegroundColor = Color.Silver,
                FontSize = 14,
                FontFamily = "Trebuchet MS",
                FontWeight = FontWeight.Bold
            };

            // Create a UI Panel to hold both texts cleanly
            _mainPanel = new StackPanel
            {
                HorizontalAlignment = HorizontalAlignment.Right,
                VerticalAlignment = VerticalAlignment.Top,
                BackgroundColor = Color.FromArgb(150, 0, 0, 0), // Semi-transparent black background
                Padding = new Thickness(10),
                Margin = new Thickness(20) // Distance from the edges of the chart
            };

            // Assemble the UI
            _mainPanel.AddChild(_goldTextBlock);
            _mainPanel.AddChild(_silverTextBlock);
            
            // Add the UI to the chart
            Chart.AddControl(_mainPanel);

            // Set a timer to update prices every 500 milliseconds for a buttery smooth feed
            Timer.Start(TimeSpan.FromMilliseconds(500));
        }

        protected override void OnTimer()
        {
            // Timer ensures updates even if the current chart is dead/slow
            UpdatePrices();
        }

        public override void Calculate(int index)
        {
            // Standard tick update
            if (IsLastBar)
            {
                UpdatePrices();
            }
        }

        private void UpdatePrices()
        {
            // Format Gold Price dynamically based on broker digits
            if (_goldSymbol != null)
            {
                _goldTextBlock.Text = $"{_goldSymbol.Name}: {_goldSymbol.Bid.ToString("F" + _goldSymbol.Digits)}";
            }
            else
            {
                _goldTextBlock.Text = $"{GoldSymbolName}: Symbol Not Found";
            }

            // Format Silver Price dynamically based on broker digits
            if (_silverSymbol != null)
            {
                _silverTextBlock.Text = $"{_silverSymbol.Name}: {_silverSymbol.Bid.ToString("F" + _silverSymbol.Digits)}";
            }
            else
            {
                _silverTextBlock.Text = $"{SilverSymbolName}: Symbol Not Found";
            }
        }
    }
}

Posted: **Wed Jul 29, 2026 6:31 pm**

And please let me know, if you like it

If you need help with instalation, feel free to ask for any help.

forex-scalping.com

My custom Xau/Xag indicator pro version

My custom Xau/Xag indicator pro version

Re: My custom Xau/Xag indicator pro version

Re: My custom Xau/Xag indicator pro version

Re: My custom Xau/Xag indicator pro version