Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Indicators

Awesome_HTF_Signal - indicator for MetaTrader 5

Views:
4972
Rating:
(17)
Published:
2016.02.09 09:02
Updated:
2023.03.29 13:45
awesome_sign.mq5 (10.44 KB) view
\MQL5\Include\
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Awesome_HTF_Signal shows a trend direction or a signal for performing a deal generated by Awesome_Sign indicator at the chosen bar as a graphic object with colored trend indication or deal direction and sends alerts or audio signals in case of a market entry moment.

In case a trend continues at the selected bar, the indicator alerts by a graphic object in the form of a steering wheel, 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. Awesome_Sign indicator input parameters:
    //+------------------------------------------------+ 
    //| Indicator input parameters                     |
    //+------------------------------------------------+ 
    input string Symbol_="";                               // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;             // Indicator timeframe for calculation
    input Smooth_Method XMA_Method=MODE_SMA;               // Method of averaging of the Awesome histogram
    input int Fast_XMA = 5;                                // Fast moving average period
    input int Slow_XMA = 34;                               // Slow moving average period
    input int XPhase = 100;                                // Averaging parameter of the moving averages
    3//---- for JJMA within the range of -100 ... +100 it influences the quality of the transition process;
    //---- for VIDIA it is a CMO period, for AMA it is a slow average period
    input Smooth_Method Signal_Method=MODE_SMA;            // Signal line averaging method
    input int Signal_XMA=5;                                // Period of the signal line
    input int Signal_Phase=100;                            // Parameter of the signal line
    //---- that changes within the range -100 ... +100,
    //---- impacts the transitional process quality;
    input Applied_price_ AppliedPrice=PRICE_CLOSE;         // Price constant
    

  2. Awesome_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 labels names
    input color Upsymbol_Color=clrDodgerBlue;              // 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. Input parameters of the Awesome_HTF_Signal indicator that are necessary for producing alerts and audio signals:
    //---- alerts settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Indication trigger option
    input uint AlertCount=0;                     // Number of alerts
    

In case several Awesome_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 Awesome_Sign.mq5. Place it in <terminal_data_folder>\MQL5\Indicators\.

Figure 1. The Awesome_HTF_Signal indicator A signal of trend continuation

Figure 1. The Awesome_HTF_Signal indicator A signal of trend continuation

Fig. 2. The Awesome_HTF_Signal indicator Signal for trade

Fig. 2. The Awesome_HTF_Signal indicator Signal for trade

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14556

TriX_3HTF TriX_3HTF

Three Trix oscillators with three different timeframes on one chart.

METRO_XRSX_Sign METRO_XRSX_Sign

Semaphore signal indicator based on the ColorMETRO_XRSX indicator cloud color change algorithm.

CHO_3HTF CHO_3HTF

Three Chaikin oscillators with three different timeframes on one chart.

EMD EMD

Performs the Empirical Mode Decomposition for the current instrument.