Fusion Signal
Fusion Signal — ATR HiLo Channel indicator for MetaTrader 4
Fusion Signal is a free multi-timeframe indicator for MetaTrader 4. It draws an ATR-based volatility channel around a smoothed moving average and shows Buy and Sell arrows. It helps identify trend direction, dynamic support and resistance, and possible breakout or reversal points on Forex pairs, metals and indices.
How it works
The central line is a smoothed moving average (LWMA by default) with additional smoothing set by the Length and Cycle inputs. Upper and lower bands are placed at ATR multiplied by the Deviation input. The slope of the central line gives the trend bias. Arrows appear when price or highs and lows cross the bands, when closes cross them, or when the central line crosses a secondary MA, depending on the selected arrow mode. Values can be calculated on a higher timeframe and shown on the current chart.
Functions
- ATR HiLo channel with a smoothed central line
- Multi-timeframe calculation
- Three arrow modes with configurable bar offset and style
- Popup, sound, email and push alerts
- On-chart button to show or hide the indicator
- Data buffers for the lines, bands and arrows that can be read with iCustom in an Expert Advisor
Inputs
- Core line: History (default 4567), TimeFrame (current by default), Lenght (13), Cycle (5), sPeriod (21), sMode (LWMA), sPrice (Close)
- Channel: ATRPeriod (250), Deviation (2.222), ShowChannel (Off, Center, Bands, Full)
- Secondary MA: mPeriod (55), mMode, mPrice
- Arrows: ARROWBAR (0), WhichArrows (CrossHL, CrossCC, CrossMA), ArrGap, ArrCodeUP, ArrCodeDN, ArrSize
- Alerts: ALERTBAR (1), AlertsMessage, AlertsSound, AlertsEmail, AlertsMobile, SoundFile
- Button: buttColor, buttSize, backColor, axisX, axisY, buttCorner, buttWindow
Usage notes
The indicator can be used on major Forex pairs and XAUUSD. With the default ATRPeriod of 250, H1 or higher timeframes are suggested; with a shorter ATRPeriod, M15 or M30 can be used. Adjust ATRPeriod and Deviation to the volatility of each symbol. Email and push alerts require the corresponding settings in the MetaTrader 4 options. The indicator does not open trades.
Disclaimer
This indicator is an analysis tool. Market conditions, broker execution, spreads and slippage affect real results, and past signals do not guarantee future results. Test it on a demo account before using it with live funds.
Support
For product questions, please use the product comments or MQL5 private messages.

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