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

2015.11.03 07:36
SlopeDirectionLine_HTF_Signal

SlopeDirectionLine_HTF_Signal - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
766
Rating:
votes: 13

Description:

The SlopeDirectionLine_HTF_Signal indicator displays trend directions from three bars of the SlopeDirectionLine indicator as three graphical objects, colors of which determine a trend direction.

Image:

Fig.1. The SlopeDirectionLine_HTF_Signal indicator

Indicator input parameters:

A timeframe and a name of a financial asset used for the indicator calculation can be changed by the appropriate indicator input parameters. If Symbol_ (financial asset) input parameter is empty, the current chart symbol shall be used as a financial asset.

//+-----------------------------------+
//| Indicator input parameters        |
//+-----------------------------------+
input string Symbol_="";                   // Financial asset
input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Indicator timeframe for calculation

All input parameters can be divided into two large groups:

  1. The information about the input parameters of the SlopeDirectionLine indicator can be found in its description.
  2. SlopeDirectionLineHTF_Signal indicator input parameters that are necessary for the indicator visualization:
    //--- indicator display settings
    input string Symbols_Sirname="SlopeDirectionLine_Label_"; // Indicator labels name
    input color UpSymbol_Color=clrBlue;        // Uptrend symbol color
    input color DnSymbol_Color=clrRed;         // Downtrend symbol color
    input color IndName_Color=clrDarkOrchid;   // Indicator name color
    input uint Symbols_Size=34;                // Signal symbols size
    input uint Font_Size=15;                   // Indicator name font size
    input int X_3=120;                         // Horizontal name offset
    input int Y_3=10;                          // 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_=0;                           // Vertical offset
    

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

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

The indicators use SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13955

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Modify All TP SL Modify All TP SL

The script modifies all orders (market and pending) on the symbol with specified Take Profit and Stop Loss.

iFractals 4all TF iFractals 4all TF

Buy or sell just by looking at the "arrow" as a signal. Very easy and simple.