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SilverTrend_HTF_Signal - indicator for MetaTrader 5

2012.01.17 14:24
2016.11.22 07:32

SilverTrend_HTF_Signal shows a trend direction or a signal for performing a deal generated by SilverTrend 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 star, the color of which corresponds to a trend direction. 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.

All input parameters can be divided into three large groups:

  1. SilverTrend indicator input parameters:
    //|  Indicator input parameters                    |
    input string Symbol_="";                   // Financial instrument
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Indicator timeframe for the indicator calculation
    input int RISK=3;
  2. SilverTrend_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 Symbols_Sirname=INDICATOR_NAME"_Label_"; // Indicator labels name
    input color UpSymbol_Color=Lime;                      // 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
  3. SilverTrend_HTF_Signal indicator input parameters that are necessary for triggering alerts and audio signals:
    //---- alerts settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Actuation indication version
    input uint AlertCount=0;                     // Number of submitted alerts

In case several SilverTrend_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 SilverTrend indicator compiled file to the terminal_data_folder\MQL5\Indicators\.

SilverTrend_HTF_Signal. Trend continuation signal

SilverTrend_HTF_Signal. Market entry signal

Translated from Russian by MetaQuotes Ltd.
Original code:

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