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“POWER AI SIGNAL SYSTEM” (MT5 Indicator)
Hello Developer,
We’re in search of a detail-oriented, skilled MQL5 developer to bring to life a unique trading tool known as POWER AI SIGNAL SYSTEM — a strategy built for precision, trend alignment, and simplicity in execution.
This isn’t your usual mash-up of indicators. It's a thoughtfully crafted logic designed to help traders avoid false signals and align with the bigger picture while offering clear entry and exit points.
✅ What You’re Building:
This is an MT5 indicator that combines two technical tools for confluence:
1. Stochastic Oscillator (used only on higher timeframe)
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Filters the broader trend direction
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Default settings (but user-editable):
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K Period: 10
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D Period: 3
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Slowing: 5
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Price: Close
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Trend Logic:
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Bullish bias when K > D
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Bearish bias when K < D
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2. Hull Moving Average (HMA – used on current timeframe)
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Confirms slope direction
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Default settings (user-editable):
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Period: 20
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Speed: 2.0
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Price: Close
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Entry Logic:
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If HMA is sloping up and HTF stochastic is bullish → Buy signal
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If HMA is sloping down and HTF stochastic is bearish → Sell signal
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🎯 What Happens on Signal Generation:
When a signal appears:
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A green BUY or red SELL label is placed at the entry candle
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An entry price line extends from that candle 4 bars forward, labeled clearly
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TP1 and TP2 price targets are calculated:
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TP1: 30 pips (300 points)
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TP2: 60 pips (600 points)
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Stop Loss (SL) is auto-placed:
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Below recent swing low for buys
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Above recent swing high for sells
(Uses 10-bar lookback, editable by user)
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Each level (TP1, TP2, SL) is marked with horizontal lines extended 4 bars forward and labeled with exact price values — for clarity and ease of manual order placement.
🔔 Smart Signal & Alert Handling:
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Signals trigger immediate alerts and mobile pop-ups
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TP and SL checks are based on price touch, not candle close
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When:
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TP1 hits → ✅ label is shown
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TP2 hits → 🎯 “Target Successful” label stays for 10 minutes, then clears
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SL hits → ❌ red "X" label stays for 30 seconds, then clears
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If no signals are active, chart displays:
“...searching for signal!”
🔐 License Protection (Essential Feature):
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When loaded, indicator checks for a user-specific license key
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If invalid:
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Displays 🔒 Invalid License Key
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Blocks the indicator from running
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License duration and validation should be flexible to customize per user
🛠 Final Notes:
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All default values (periods, TP/SL sizes, etc.) must be editable in the settings panel
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This is a non-repainting, touch-triggered, trend-following strategy designed for ease and professional delivery