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2015.11.02 16:03
Karacatica_HTF_Signal

Karacatica_HTF_Signal - indicator for MetaTrader 5

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Description:

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\.

Image:

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: https://www.mql5.com/ru/code/13904

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