METRO_XRSX_HTF_Signal - MetaTrader 5 Script - MT4/MT5 Resources

If the trend continues on the selected bar, the indicator will sound an alert through a graphical object in the form of a steering wheel, the color of which corresponds to the direction of the trend. If the trend of the selected bar has changed, the indicator displays diagonal arrows. Its color and direction correspond to the trading direction.

All input parameters can be divided into three major groups:

 //+------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------+
Enter string symbol_= ”” ; // Financial assets
Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // Calculate indicator time range
Input Smooth_Method DSmoothMethod=MODE_JJMA; // Price smoothing method
Input integer DP period = 15 ; // moving average period
Input integer D phase = 100 ; // Average parameters of the moving average
//---- For JJMA in the range of -100 ... +100, it will affect the quality of the transition process;
//----For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Input Smooth_Method SSmoothMethod=MODE_JurX; // Signal line smoothing method
Input integer SP period = 7 ; // signal line period
Input integer S phase = 100 ; // signal line parameters
//---- For JJMA in the range of -100 ... +100, it will affect the quality of the transition process;
//----For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Input Application_Price_IPC= PRICE_CLOSE ; // Price constant
Enter integer step size fast = 5 ; // fast step
Enter integer step size slow = 15 ; // slow step

//----Indicator display settings
Enter the unit signal column = 0 ; // Number of bars to get the signal from (0 - current bar)
Input stringSymbols_Sirname =INDICATOR_NAME "_label_" ; // Indicator label name
Input color Upsymbol_Color= clr Dodge Blue ; // Uptrend symbol color
Input color Dnsymbol_Color= magenta ; // Downtrend symbol color
Input color IndName_color = clr dark orchid ; // indicator name color
Input unit symbol_size = 60 ; // signal symbol size
Input unit font size = 10 ; // Indicator name font size
Input integer X_1= 5 ; // Horizontal name offset
Input integer Y_1=- 15 ; // Vertical name offset
Input boolean display name = true ; // indicator name display
Input ENUM_BASE_CORNER what corner = CORNER_RIGHT_UPPER ; // Display corner points
Input unit X_= 0 ; // Horizontal offset
Input unit Y_= 20 ; // vertical offset

 //---- Alarm settings
Enter ENUM_ALERT_MODEalert_mode=OnlySound; // Indicate trigger options
Input unit alarm count = 0 ; // number of alarms

If you want to use multiple METRO_XRSX_HTF_Signal indicators on one chart, each indicator should have its own Symbols_Sirname (indicator label name) string variable value.

Place the METRO_XRSX_Sign.mq5 and XRSX.mq5 compiled indicator files into \MQL5\Indicators\.

Figure 1. METRO_XRSX_HTF_Signal indicator trend continuation signal

Figure 2. METRO_XRSX_HTF_Signal indicator trading signal

Attachment download

📎 metro_xrsx_htf_signal.mq5 (16.68 KB)

📎 metro_xrsx_sign.mq5 (10.96 KB)

📎 xrsx.mq5 (12.14 KB)

📎 smoothalgorithms.mqh (130.19 KB)

Source: MQL5 #14699