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Indicators

HullTrend_HTF_Signal - indicator for MetaTrader 5

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5154
Rating:
(14)
Published:
2015.05.20 14:43
Updated:
2023.03.29 13:45
hulltrendsign.mq5 (10.02 KB) view
\MQL5\Include\
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The HullTrend_HTF_Signal indicator shows a trend direction or a signal generated by the HullTrendSign indicator at the chosen bar as a graphical object with colored trend indication or deal direction. It also triggers alerts and plays audio signals.

If the trend continues at the selected bar, the indicator displays a right arrow. Its color corresponds to the trend direction. If the trend has changed at the selected bar, the indicator displays a diagonal arrow. Its color and direction correspond to the deal direction.

All input parameters can be divided into three large groups:

  1. The HullTrendSign input parameters:
    input string Symbol_="";                               // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;             // Indicator timeframe for calculation
    
    input uint XLength=20;                                 // Indicator period
    input Applied_price_ IPC=PRICE_CLOSE;                  // Indicator price
    input Smooth_Method XMA_Method=MODE_LWMA;              // Method of averaging
    input int XPhase=15;                                   // Averaging parameter
    //--- XPhase: for JJMA it varies within the range -100 ... +100 and influences the quality of the transient period;
    input uint XLength1=5;                                 // Smoothing period
    input Smooth_Method XMA_Method1=MODE_JJMA;             // Method of smoothing
    input int XPhase1=100;                                 // Smoothing parameter
    //--- XPhase: for JJMA it varies within the range -100 ... +100 and influences the quality of the transient period;
    
  2. The HullTrend_HTF_Signal indicator input parameters required for the indicator visualization:
    //---- indicator display settings
    input uint SignalBar=0;                                // Bar number for getting a signal (0 - current bar)
    input string Symbols_Sirname=INDICATOR_NAME"_Label_";  // Indicator labels names
    input color Upsymbol_Color=clrBlueViolet;              // Uptrend symbol color
    input color Dnsymbol_Color=clrMagenta;                 // Downtrend symbol color
    input color IndName_Color=clrDarkOrchid;               // Indicator name color
    input uint Symbols_Size=60;                            // Signal symbols size
    input uint Font_Size=10;                               // Indicator name font size
    input int X_1=5;                                       // Horizontal name offset
    input int Y_1=-15;                                     // Vertical name offset
    input bool ShowIndName=true;                           // Indicator name display
    input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Display corner
    input uint X_=0;                                       // Horizontal offset
    input uint Y_=20;                                      // Vertical offset
    
  3. The HullTrend_HTF_Signal indicator input parameters required for triggering alerts and audio signals:
    //---- alerts settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Indication triggering option
    input uint AlertCount=0;                     // Number of alerts

If several HullTrend_HTF_Signal indicators are to be used on one chart, each of them should have its own Symbols_Sirname (indicator labels names) string variable value.

This indicator requires the compiled indicator file HullTrendSign.mq5. Place it in <terminal_data_folder>\MQL5\Indicators\.

Fig.1. HullTrend_HTF_Signal. Signal of trend continuation

Fig.1. HullTrend_HTF_Signal. Signal of trend continuation

Fig.2. The HullTrend_HTF_Signal indicator Signal for a deal

Fig.2. The HullTrend_HTF_Signal indicator. Signal for a deal

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/12831

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