X2MA_HTF_Signal_BG - MetaTrader 5 Script - MT4/MT5 Resources

X2MA_HTF_Signal_BG displays information about trend direction (based on X2MA indicator data) as a graphical object, indicates trend or trading direction in color, and emits alerts or audio signals and sends push notifications to smartphones when trading signals occur.

Graphic objects are represented as colored backgrounds. The background comes in four colors. Light colors indicate trend continuation, bright colors indicate trading signals.

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

 Enter the unit signal column = 0 ; // Get the number of bars for 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:

 //+------------------------------------------------+
//|Session drawing input parameters |
//+------------------------------------------------+
input boolean session_extraction= false ; // Display sessions during non-session periods
Enter String Conversation Mr. Name = "Asian" ; // Conversation Name
Enter hour StartHour=H00; // Session start time
Enter the minute. Start minute = M00; // Session start minute.
Input units session time = chapter 480 ; // Session duration (minutes)
input color up color = clr light turquoise ; // grow color
Enter color purchase_color = clelem ; // purchase color
input color sales color = clr dark pink ; // autumn color
Input color DN_color = clr light pink ; // sell color

 //+------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------+
Enter string symbol_= ”” ; // Financial instrument
Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // Indicator time range for indicator calculation
Input Smooth_Method MA_Method1= Mode_SMA ; // Average method for the first smoothing
Input integer length 1= 12 ; // Fist smoothing depth
Input integer stage 1= 15 ; // Parameters for the first smoothing
//--- For JJMA, it changes in the range of -100 ... +100 and affects the quality of the transient process;
//--- For VIDIA it is the CMO period, for AMA it is the slow moving average period
Input Smooth_Method MA_Method2=MODE_JJMA; // Average method for the second smoothing
Input integer length 2= 5 ; // Depth of the second smoothing
Input integer stage 2= 15 ; // Parameters for the second smoothing
//--- For JJMA, it changes in the range of -100 ... +100 and affects the quality of the transient process;
//--- For VIDIA it is the CMO period, for AMA it is the slow moving average period
Input Application_Price_IPC= PRICE_CLOSE ; // Price constant

 //----Indicator visualization settings
Input unit signal field = 0 ; // Number of bars to receive the signal (0 - current bar)
Input stringSymbols_Sirname =INDICATOR_NAME "_label_" ; // Name of the indicator label
Input color IndName_Color=Dark Orchid; // Color of indicator name
Input unit font size = 10 ; // Font size of indicator name
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

 //---- 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 use multiple X2MA_HTF_Signal_BG indicators on one chart, each indicator should have its own Symbols_Sirname (indicator label name) string variable value.

Place the indicator compiled file X2MA.mq5 into terminal_data_folder\MQL5\Indicators\ of the client.

Figure 1. Trend continuation signal based on X2MA_HTF_Signal_BG indicator data

Figure 2. Position opening signal based on X2MA_HTF_Signal_BG data

Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 x2ma.mq5 (8.25 KB)

📎 x2ma_htf_signal_bg.mq5 (21.94 KB)

Source: MQL5 #1975