Northstar Trend Breakout Signals MT5
- Индикаторы
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Guad Bibar
Founder of Quantum Labs and MQL4/MQL5 developer focused on practical, configurable trading tools. I build custom Expert Advisors, indicators, utilities, dashboards, alert systems, risk controls, and trade-management logic for MetaTrader. - Версия: 1.0
- Активации: 10
Northstar Trend Breakout Signals MT5
Closed-bar trend, pullback and breakout signals with disciplined confirmation.
Northstar Trend Breakout Signals MT5 is a chart-window indicator from Quantum Labs for traders who want configurable trend context instead of an arrow on every candle. It evaluates completed candles and marks potential bullish or bearish setups only when the selected trend, trigger and confirmation rules agree.
The indicator is analytical. It does not open, modify or close trades.
How the signal engine works
1. Trend structure
A configurable fast and slow EMA pair defines directional context. The default 21/55 settings require the fast EMA, slow EMA and closing price to align. An optional slow-EMA slope condition adds directional confirmation.
2. Entry trigger
- Pullback: price reclaims or rejects the fast EMA after a retracement.
- Breakout: the completed candle closes beyond the prior configurable price channel.
- Hybrid: accepts either a qualified pullback or breakout.
3. Confirmation
- ADX strength and directional-index alignment
- RSI momentum thresholds
- Minimum candle-body size normalized by ATR
- Bullish or bearish candle direction
- A configurable minimum number of bars between signals
Closed-bar discipline
The current forming candle is excluded. Signals are calculated from completed candles, and alerts are issued only after the signal bar closes. Historical arrows remain available for chart review.
What appears on the chart
- Green buy arrows below qualified bullish candles
- Red sell arrows above qualified bearish candles
- Configurable arrow colors, symbols and ATR-based offsets
- Up to 5,000 historical bars by default
Alert options
- MT5 popup
- Push notification
- Sound
Automation-friendly output
- Buffer 0: Buy signal
- Buffer 1: Sell signal
Default components
- EMA 21/55 trend structure
- ADX 14 with minimum strength 20 and +DI/-DI confirmation
- RSI 14 with 52 long and 48 short thresholds
- ATR 14 for candle-quality filtering and arrow placement
- 20-bar breakout channel
- Five-bar minimum signal spacing
Main inputs
- InpTriggerMode: Pullback, Breakout or Hybrid.
- InpFastEMAPeriod / InpSlowEMAPeriod: trend EMA periods.
- InpRequireSlowSlope: require directional slope of the slow EMA.
- InpBreakoutLookback: prior-channel length used by breakout mode.
- InpUseADXFilter / InpADXPeriod / InpMinimumADX: trend-strength filter.
- InpUseRSIFilter / InpRSIPeriod / InpRSILongLevel / InpRSIShortLevel: momentum filter.
- InpATRPeriod / InpMinimumBodyATR: volatility-normalized candle-quality filter.
- InpArrowOffsetATR / InpMinBarsBetween / InpMaximumBars: arrow placement, spacing and history.
- InpBuyArrowCode / InpSellArrowCode / colors: chart appearance.
- Alert inputs: popup, push, email, sound and sound-file selection.
Requirements and workflow
The indicator uses built-in MetaTrader 5 calculations and does not require DLLs, WebRequest access or external indicators.
- Select a symbol and timeframe.
- Choose Pullback, Breakout or Hybrid trigger mode.
- Review the historical signals.
- Adjust the filters for the market conditions you trade.
- Test the demo in the MT5 Strategy Tester before using the indicator in live decision-making.
Risk notice: Trading involves risk. Signals are analytical prompts, not trade recommendations or guarantees. The trader remains responsible for entries, exits, position size and risk management. Historical chart examples do not guarantee future results.
