XOSignal_HTF_Signal - MetaTrader 5 Script - MT4/MT5 Resources

XOSignal_HTF_Signal indicator shows trend direction or indicator on the bar selected by XO Signal as a graphical object with colored trend indication or trading direction. It also triggers an alarm and plays an audio signal.

If the trend continues on the selected bar, the indicator will alert via a star graphical object, the color of which corresponds to the direction of the trend. If the trend on the selected bar changes, the indicator will alert with an arrow, color and direction corresponding to the direction of the executed trade.

All input parameters can be divided into three major groups:

XOSignal indicator input parameters:

 //+------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------+
Enter string symbol_= ”” ; // Financial assets
Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // Calculate indicator time range
Input unit range = 10 ; // Range
Input ENUM_APPLIED_PRICE_ IPC=PRICE_CLOSE_; // price constant

 //----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= clr dark pink ; // 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; // indicator trigger options
Input unit alarm count = 0 ; // number of alarms

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

Place the indicator's compiled file into terminal_data_folder\MQL5\Indicators\.

Figure 1. Indicator XOSignal_HTF_Signal. Trend continuation signal

Figure 2. Indicator XOSignal_HTF_Signal. Open signal

Attachment download

📎 xosignal.mq5 (20.53 KB)

📎xosignal_htf_signal.mq5 (29.74 KB)

Source: MQL5 #17890