QQE_HTF_Signal - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

If the trend continues on the selected bar, the indicator will show a right arrow. Its color corresponds to the trend direction. 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:

 Enter string symbol_= ”” ; // Financial assets
Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // Calculate indicator time range
Input unit RSI_Period = 123 ; Input unit SF= 41 ; Input double Dahl factor = 4.236 ; Input Smooth_Method XMA_Method= Mode_SMA ; //Method for averaging
Input integer X phase = 15 ; // Smoothing parameter
//--- XPhase: For JJMA, it varies in the range -100 ... +100 and affects the quality of the transient period
//--- XPhase: For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Enter ENUM_APPLIED_PRICE RSI price = PRICE_CLOSE ;

 //----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 Royal 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 ;

 //---- 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 QQE_HTF_Signal indicators on one chart, each indicator should have its own Symbols_Sirname (indicator label name) string variable value.

This indicator requires the compiled indicator file QQESign.mq5. Place it in <terminal data folder>\MQL5\Indicators\.

Figure 1. QQE_HTF_ signal. Trend continuation signal

Figure 2. QQE_HTF_ signal. signal to close a deal

Attachment download

📎 smoothalgorithms.mqh (130.19 KB)

📎 qqesign.mq5 (10.19 KB)

Source: MQL5 #12875