Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal


Karacatica_HTF_Signal - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 15
2015.11.02 16:03
2016.11.22 07:32

The Karacatica_HTF_Signal indicator shows the trend direction or the signal based on the Karacatica indicator at the chosen bar as a graphical object with colored trend indication or deal direction. It also triggers alerts and plays audio signals.

In case a trend continues at the selected bar, the indicator alerts by a graphic object in the form of the right arrow, the color of which corresponds to a 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. Karacatica indicator input parameters:
    //| Indicator input parameters                     |
    input string Symbol_="";                               // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;             // Indicator timeframe for calculation
    input int iPeriod=70;                                  // Indicator period

  2. Karacatica_HTF_Signal indicator input parameters that are necessary 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 label names
    input color UpSymol_Color=Lime;                       // Growth symbol color
    input color DnSymol_Color=Magenta;                    // Fall symbol color
    input color IndName_Color=DarkOrchid;                 // 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. Input parameters of the Karacatica_HTF_Signal indicator that are necessary for producing alerts and audio signals:
    //---- Alert Settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Indicator triggering option
    input uint AlertCount=0;                     // Number of alerts

In case several Karacatica_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 the compiled indicator file Karacatica.mq5. Place it in <terminal_data_folder>\MQL5\Indicators\.

Fig. 1. A signal of trend continuation based on the data of the Karacatica_HTF_Signal indicator

Fig. 1. A signal of trend continuation based on the data of the Karacatica_HTF_Signal indicator

Fig. 2. A signal to open a position based on the data of Karacatica_HTF_Signal indicator

Fig. 2. A signal to open a position based on the data of Karacatica_HTF_Signal indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

Derivative Derivative

The indicator performs the calculation of the derivative of the price.

KalmanFilterStDev KalmanFilterStDev

The KalmanFilter indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.

Derivative_HTF Derivative_HTF

The Derivative indicator with the timeframe selection option available in the input parameters.

Exp_derivative Exp_derivative

The Exp_derivative Expert Advisor is based on the breakthrough of the zero level by the Derivative indicator.