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

2012.01.17 14:24

SilverTrend_HTF_Signal - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 13


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 Software Corp.
Original code:

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.

TypeToBytes TypeToBytes

Byte-wise operation with structures and standard data types.

PriceLines PriceLines

Script for drawing a price markup.