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

Views:
3362
Rating:
votes: 13
Published:
2011.12.27 08:49
Updated:
2016.11.22 07:32

Laguerre_HTF_Signal shows a trend direction or a signal for performing a deal generated by ColorLaguerre indicator at the chosen bar as a graphic object with colored trend indication or deal direction.

In case a trend continues at the selected bar, the indicator alerts by a graphic object in the form of the filled right arrow, the color of which corresponds to a trend direction.

Indicator input parameters:

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

All input parameters can be divided into two large groups:

  1. ColorLaguerre indicator input parameters;
    //+-----------------------------------+
    //|  Indicator input parameters       |
    //+-----------------------------------+
    input string Symbol_="";                   // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;  // Indicator timeframe for the indicator calculation
    input double gamma=0.7;                    // Sensibility
    input int HighLevel=85;                    // Overbought level
    input int MiddleLevel=50;                  // Middle level
    input int LowLevel=15;                     // Oversold level
    
  2. Laguerre_HTF_Signal indicator input parameters that are necessary for the indicator visualization:
    //---- indicator display settings
    input uint SignalBar=0;                        // Signal bar index, 0 is a current bar
    input string Symols_Sirname="Laguerre_Label_";  // Indicator labels name
    input color UpSymbol_Color=Yellow;             // Growth symbol color
    input color DnSymbol_Color=Magenta;            // Downfall 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 shift of the name
    input int Y_1=-15;                             // Vertical shift of the name
    input bool ShowIndName=true;                   // Indicator name display
    input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Location corner
    input uint X_=0;                               // Horizontal shift
    input uint Y_=20;                              // Vertical shift

In case several Laguerre_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.

Place the ColorLaguerre.mq5 indicator compiled file to the terminal_data_folder\MQL5\Indicators\.

Laguerre_HTF_Signal. Trend continuation signal

In case a trend has changed at the selected bar, the indicator alerts by the arrow, color and direction of which correspond to a performed deal direction:

Laguerre_HTF_Signal. Market entry signal

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/676

Save history to HST Save history to HST

The script exports historical data to HST format for its use in MetaTrader 4 client terminal. This file can be imported in MetaTrader 4 as historical data or you can open it as offline chart.

IncAMAOnArray IncAMAOnArray

CAMAOnArray class is designed for calculation of AMA (Adaptive Moving Average) values on indicator buffers. The example of use of the class is provided.

WiOver WiOver

The indicator shows the average percentage value of the last candlesticks overlap. It is useful for those, who enters the market manually using limit orders during price consolidation, as it allows to select order direction. Blue line - recommended BUY-LIMIT, red one - SELL-LIMIT.

IncRSIOnArray IncRSIOnArray

CRSIOnArray class is designed for calculation of RSI (Relative Strength Index, RSI) values on indicator buffers. The example of use of the class is presented.