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Indicators

trend_arrows_HTF_Signal - indicator for MetaTrader 5

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2182
Rating:
votes: 15
Published:
2016.06.30 12:54
Updated:
2016.11.22 07:32

trend_arrow_HTF_Signal shows a trend direction or a signal for performing a deal generated by trend_arrows 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 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. trend_arrows indicator input parameters:
    //+------------------------------------------------+ 
    //|  Indicator input parameters                    |
    //+------------------------------------------------+ 
    input string Symbol_="";                               // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;             // Indicator timeframe for calculation
    input uint iPeriod=15;                                 // Indicator period
    input uint iFullPeriods=1;
    

  2. The input parameters of trend_arrows_HTF_Signal indicator 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=clrBlue;                    // Uptrend symbol color
    input color Dnsymbol_Color=clrRed;                     // 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;                           // Display the indicator name
    input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Display corner
    input uint X_=0;                                       // Horizontal offset
    input uint Y_=20;
    
  3. Input parameters of trend_arrows_HTF_Signal indicator that are necessary for producing alerts and audio signals:
    //---- alerts settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Indicator triggering option
    input uint AlertCount=0;                     // Number of generated alerts
    

If several trend_arrows_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.

Place the indicator compiled file trend_arrows.mq5 to the terminal_data_folder\MQL5\Indicators\ of the client terminal.

Fig.1. trend_arrows_HTF_Signal. Signal of trend continuation

Fig.1. trend_arrows_HTF_Signal. Signal of trend continuation

Fig.2. trend_arrows_HTF_Signal. Signal for a deal

Fig.2. trend_arrows_HTF_Signal. Signal for a deal

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15558

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