Slow-Stoch_HTF_Signal - MetaTrader 5 Script - MT4/MT5 Resources

Slow-Stoch_HTF_Signal displays data-based trend direction information Slow-Stoch indicator on the selected bar as a graphical object with a colored indication of the trend or trading direction and generates alerts or audio signals and sends push notifications on smartphones when a signal to place a trade occurs.

The indicator sends alerts and push notifications only if the value of the input parameter meets the following conditions:

 Input unit signal field = 0 ; // Number of bars to receive the signal (0 - current bar)

greater than one. For zero bars, sound signals and push notifications are of no use, since the indicator signal on the zero bar may change and disappear!

All input parameters can be divided into three major groups:

 Enter string symbol_= ”” ; // Symbol
Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // time range for indicator calculation

Input unit K period = 5 ; Input unit DP period = 3 ; Input unit deceleration = 3 ; Input ENUM_MA_METHOD STO_method = mode_SMA ; Input ENUM_STO_PRICE price field = STO_LOWHIGH ; Input Smooth_Method XMA_Method=MODE_JJMA; //Method to find the average
Input unit X length = 5 ; // smoothing depth
Input integer X phase = 15 ; // Smoothing parameter
//---- For JJMA, it changes in the range of -100...+100 and affects the quality of the transient process;
//---- It is the CMO period for VIDIA and the slow moving average period for AMA

//----Indicator display settings
Enter the unit signal column = 0 ; // Get the number of bars for the signal (0 - current bar)
Input stringSymbols_Sirname =INDICATOR_NAME "_label_" ; // Name of the indicator label
Input color UpSymol_Color=lime; // Color of the growth symbol
Input color DnSymol_Color=magenta; //Color of down symbol
Input color IndName_Color=Dark Orchid; // Color of indicator name
Input unit symbol_size = 60 ; // Size of indicator symbol
Input unit font size = 10 ; // Indicator name font size
Input integer X_1= 5 ; // horizontal movement of name
Input integer Y_1=- 15 ; // Name moves vertically
input boolean displayname = true ; // display indicator name
Input ENUM_BASE_CORNER what corner = CORNER_RIGHT_UPPER ; // position angle
Input unit X_= 0 ; // horizontal movement
Input unit Y_= 20 ; // vertical translation

 //---- Alarm settings
Enter ENUM_ALERT_MODEalert_mode=OnlySound; // Options to trigger indication
Input boolean push = true ; // Allow push notifications
Input unit alarm count = 0 ; //Number of alarms generated

If you want to use multiple Slow-Stoch_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 Slow-Stoch.mq5 to run. Place it into terminal_data_folder\MQL5\Indicators\.

Figure 1 Trend continuation signal based on Slow-Stoch_HTF_Signal indicator data

Figure 2. Position opening signal based on Slow-Stoch_HTF_Signal data

Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 slow-stoch.mq5 (7.49 KB)

📎 slow-stoch_htf_signal.mq5 (14.94 KB)

Source: MQL5 #2184