SC MTF Rate of Change for MT5 with alert

Rate of Change (ROC) 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 ROC?

Rate of Change (ROC) is a momentum oscillator that measures the percentage change in price over a specified period. It compares the current price to the price n periods ago and expresses the difference as a percentage, making it easy to gauge the speed of price movement.

Positive ROC values indicate upward momentum, while negative values indicate downward momentum. When ROC crosses the zero line, it signals a potential trend reversal. Traders use ROC to identify overbought and oversold conditions, confirm trends, and spot divergences between price and momentum.

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:
    • ROC period: Number of bars used for the rate of change calculation (default: 12).
    • ROC bar shift: Offset the line drawing by a specified number of bars.
    • ROC timeframe: Choose the timeframe for MTF display.
    • MTF on higher TF only: Restrict MTF display to timeframes higher than the current chart.
    • MTF Interpolation mode: Select smoothing method (Off, Linear, Smooth, Weighted, Simple Moving Average).
    • Maximum bars to calculate: Limit the number of bars calculated for performance optimization.
  • 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.
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Multi Currency Strength and Momentum Indicator MT5 Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (700 reviews) Advanced Currency IMPULSE with ALERT (530 reviews) CS28 Combo Signals (recent Bonus) The two predecessor indicators together have received more than 1,200 reviews on the MQL5 Market and have been a staple in the MT4 community since 2016. Dynamic Forex28 Navigator MT5 carries
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Volatility Master for MetaTrader is a real-time dashboard tool that scans up to  50 symbols  to identify high-volatility , trending markets instantly. With bullish/bearish signals, customizable alerts, and a user-friendly interface, it helps you avoid range-bound conditions and focus on high-probability trades. Clarity leads to confidence. Trade confidently and protect your capital effectively with this powerful dashboard. We don't offer free or bonus indicators in exchange of reviews from you.
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Apex Patterns PRO Buy Indicator - Get Expert Advisor Based on it for FREE. Self-Optimizing Chart Pattern & Breakout Intelligence Traditional pattern scanners rely on fixed inputs, often underperforming when market volatility and structures shift. Apex Patterns PRO is designed to adapt to changing market conditions by combining structural chart pattern recognition, momentum filtering, and statistical self-optimization into one analytical framework. Adaptive Scanning Engine Self-Optimizing Patter
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Neuro Poseidon is a new indicator by Daria Rezueva. It combines precise trading signals with adaptive TP/SL levels - creating best possible trades as a result! Message me and get  Neuro Poseidon Assistant  as a gift to automize your trading process! What makes it stand out? 1. Proven profitability on all assets and timeframes 2. Only confirmed BUY and SELL signals present on the chart 3. Adaptive TP & SL levels generated by the software for each trade 4. Easy to understand - suitable for al
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Break and Retest Hunter is a powerful MetaTrader 5 indicator designed to automatically identify support and resistance levels, breakout structures, and potential retest opportunities in real time. Bonus Indicator: After purchasing Break and Retest Hunter , contact me to receive Trade Indicator Assistant EA completely free as a bonus utility. $65 for the next 10 copies . Next price is $120.  Combining adaptive market analysis, clear BUY/SELL signals, Fibonacci-based profit targets, and a premiu
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