Sig MA MT5
- Indicators
-
James Patrick D Artanion Grieves
I architect Expert Advisors, Indicators, Utilities, and Trading Strategies that actually work. I specialize in:
Languages & Frameworks: MQL4, MQL5, OOP, OpenCL
Interfaces: Panels, Objects, Custom UI
Domains: Automated Trading, Manual Utilities, Strategy Design - Version: 1.0
- Activations: 10
Smart, color-coded moving average with pro-grade smoothing, clean alerts, and multi-timeframe power—built for everyday traders.
## What it does (in plain English)
- Draws one moving‑average line on your chart.
- The line changes color by direction:
- Blue = rising trend
- Red = falling trend
- Yellow = flat/neutral
- Sends alerts when the line flips direction (optional).
- Works on your current timeframe or can “borrow” a higher timeframe for extra clarity.
## Why traders like it
- Cuts noise: choose from classic or advanced smoothers (SMA, EMA, HMA, KAMA, T3, and more).
- Clear signals: color tells you the trend at a glance.
- Flexible: use raw prices or Heiken Ashi prices for smoother behavior.
- Lightweight: designed to be fast and responsive on live charts.
## Quick start
1. Copy `Custom MA.mq5` into MQL5 > Indicators > Custom Indicators.
2. Open MetaTrader 5, compile the indicator if needed (Navigator > Indicators > right‑click > Refresh).
3. Drag `Custom MA` onto a chart.
4. Pick your settings (see below) and click OK.
## Key settings (simple guide)
- TimeFrame: Use Current or switch to a higher TF (e.g., H1 on an M5 chart) for a steadier read.
- Price:
- Raw prices (Close/Open/High/Low/Median/Typical/Weighted Close, etc.).
- Heiken Ashi prices (HA Close/Open/High/Low/Median/Typical/etc.) for smoother inputs.
- Period: How many bars the average considers. Higher = smoother, slower.
- Method: Choose the smoothing style. Highlights:
- SMA, EMA, LWMA, SMMA (classics)
- HMA (fast & smooth), KAMA (adapts to noise), T3/TEMA/DEMA (responsive),
- ZeroLagEMA, McGinley, Laguerre, SuperSmoother, Butterworth filters, ALMA, EWMA, VWMA/V‑EMA, and more.
- ShowInColor: On to color by slope (Blue/Red/Yellow).
- Shift: Moves the whole line forward/back. Optional; leave 0 if unsure.
- Alerts (optional):
- AlertOn: Enable popup alerts.
- AlertShift: 1 = check previous bar (safer), 0 = current bar (earlier but noisier).
- SoundsNumber/Pause + sound files.
- EmailOn / PushNotificationOn with their counts.
## How it works (without the math)
- For each bar, it picks a price (your choice: raw or Heiken Ashi).
- It smooths those prices with your chosen method to get a moving‑average line.
- If today’s value is above yesterday’s, the line is “rising”; below = “falling”; same = “flat”.
- Color updates; accordingly, if enabled, alerts trigger when the direction flips.
## Multi‑Timeframe (MTF)
- Want bigger‑picture clarity on a lower‑timeframe chart? Set TimeFrame to a higher TF.
- The indicator fetches and paints that higher‑TF moving average right on your current chart.
## Heiken Ashi option
- Selecting an HA price tells the indicator to build an internal Heiken Ashi series first, then smooth it.
- Result: a calmer line that ignores minor wicks and chop.
## Trade ideas (not signals)
- Trend follow: trade in the direction of the line color; avoid fighting red with buys or blue with sells.
- Pullbacks: wait for price to pull to the line in a blue trend, or rise to it in a red trend.
- Confirmations: combine with structure (HH/HL or LH/LL) or your favorite oscillator.
## Alert tips
- Prefer AlertShift = 1 so the flip is confirmed on bar close.
- Use sounds for intraday attention; email/push for when you’re away.
## Licensing
- Strategy Tester and Demo accounts: fully allowed.
- Live accounts: only authorized accounts show the line. Unauthorized installs display a lock message.
- If you need access on a different account, contact the author.
## Troubleshooting
- No line shows: you might be on a live account without authorization or lacking data for the chosen higher timeframe.
- Too noisy: increase Period or switch Method to a smoother option (e.g., HMA, KAMA, T3, SuperSmoother).
- Too slow: lower Period or pick a more responsive Method (e.g., EMA, ZeroLagEMA, DEMA/TEMA).
## What you get
- One glance context for trend direction.
- A flexible, proven smoothing toolbox inside a single indicator.
- Clean alerts you can trust when bars close.
If you like clear trends, this keeps your charts simple and your focus sharp.
