SC MTF Ad for MT5 with alert

5
Accumulation/Distribution (AD) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.

Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile.

Feedback and reviews are highly appreciated!

What is AD?

The Accumulation/Distribution (AD) indicator, developed by Marc Chaikin, is a volume-based indicator designed to measure the cumulative flow of money into and out of a security. It relates changes in price and volume, helping to identify the strength behind price movements and potential divergences.

The AD line is calculated by multiplying the volume by the Close Location Value (CLV), which measures where the close is relative to the high-low range. When prices close in the upper portion of the range with high volume, it suggests accumulation (buying pressure). When prices close in the lower portion with high volume, it indicates distribution (selling pressure). The cumulative nature of this indicator makes it particularly useful for confirming trends and spotting potential reversals through divergences.

Features:

  • Visual signal markers with arrows and vertical lines
  • Three independent signal buffers with configurable triggers
  • Signal detection options: direction change, level cross, peak/valley
  • Configurable alert functions for each signal (email, push, sound, popup)
  • Multi-timeframe (MTF) capability with interpolation methods
  • Histogram or line drawing mode
  • Multiple color modes (simple, direction-based, level-based)
  • Custom indicator call (iCustom) buffer access for Expert Advisor (EA) integration

Input Parameters:

  • Basic Settings:
    • AD bar shift: Offset the line drawing by specified number of bars.
    • AD timeframe: Choose timeframe for MTF display.
    • MTF Interpolation mode: Select smoothing method (Off, Linear, Smooth, Weighted, Simple Moving Average).
  • Levels Settings:
    • Show level: Toggle level line visibility.
    • Adjust level value: Set custom level position (default: 0).
    • Level appearance: Customize color, style, and width.
  • Signal Settings:
    • Signal 1/2/3 trigger: Configure detection type (direction change, level cross, peak/valley).
    • Visual markers: Enable arrows and vertical lines with customizable size, style, and position.
    • Arrow customization: Set Wingdings codes and colors for up/down signals.
  • Alert Settings:
    • Alert timing: Choose when alerts trigger (Off, After close, Before close, Both).
    • Alert interval limit: Set minimum minutes between repeated alerts.
    • Time range filter: Restrict alerts to specific hours.
    • Delivery methods: Enable email, push, popup, and sound notifications.
  • Color and Style Settings:
    • Color mode: Select from multiple modes (simple, direction-based, level-based).
    • Histogram mode: Switch between line and histogram display.
    • Line appearance: Customize colors (4 per line), style, and width.
Reviews 1
Dhany Esperanza
678
Dhany Esperanza 2021.02.28 05:54 
 

First review eh... :) I guess because not many is using AD indicator, but still I add this to my fave list because it's excellent substitution for stock MT5 AD indicator. Comes with all alert types and customized colors based on level and directions. Wish Krisztian keep developing and optimizing for speed, at least monitoring it, for sometimes MT5 requires an indicator to be recompiled. Thumbs up!

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5 (15)
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Trend Ai indicator  mt5 is great tool that will enhance a trader’s market analysis by combining trend identification with actionable entry points and reversal alerts.  This indicator empowers users to navigate the complexities of the forex market with confidence and precision Beyond the primary signals, Trend Ai indicator identifies secondary entry points that arise during pullbacks or retracements, enabling traders to capitalize on price corrections within the established trend. Important Advan
Trend Forecaster
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5 (7)
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The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
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The Berma Bands (BBs) indicator is a valuable tool for traders seeking to identify and capitalize on market trends. By analyzing the relationship between the price and the BBs, traders can discern whether a market is in a trending or ranging phase. Visit the [ Berma Home Blog ] to know more. Berma Bands are composed of three distinct lines: the Upper Berma Band, the Middle Berma Band, and the Lower Berma Band. These lines are plotted around the price, creating a visual representation of the pric
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Gold Sniper Scalper Pro is a professional indicator for MetaTrader 5, designed to help traders identify entry points and manage risk effectively. The indicator provides a comprehensive analysis toolkit including signal detection system, automatic Entry/SL/TP management, volume analysis, and real-time performance statistics. User guide to understand the system   |   User guide for other languages KEY FEATURES Signal Detection System The indicator automatically detects potential entry points base
Transaction Speed MT5
Ivan Stefanov
5 (3)
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The indicator highlights zones where interests are being declared then shows their accumulation zone. Transaction Speed works like an order book in big scale. This is the indicator for the biggest money. It's performance is exceptional. Whatever interest there is in the market you will see it. The Transaction Speed is a new concept indicator that shows where and when large orders accumulates on the market and benefits of this. It detects trend changes at very early stage. In Forex, volume is
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Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Supply
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Dhany Esperanza
678
Dhany Esperanza 2021.02.28 05:54 
 

First review eh... :) I guess because not many is using AD indicator, but still I add this to my fave list because it's excellent substitution for stock MT5 AD indicator. Comes with all alert types and customized colors based on level and directions. Wish Krisztian keep developing and optimizing for speed, at least monitoring it, for sometimes MT5 requires an indicator to be recompiled. Thumbs up!

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