EMA_Prediction_HTF_Signal - MetaTrader 5 Script - MT4/MT5 Resource

EMA_Prediction_HTF_Signal displays data-based trend direction information EMA_Prediction indicator on the selected bar as a graphical object with a colored indication of the trend or trading direction and emits an alert or audio signal and sends a push notification on your smartphone when a signal to place a trade appears.

The indicator will issue 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:

 Enter string symbol_= ”” ; // Financial instrument

Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // Indicator time range for indicator calculation
Input unit Fast MAP period = 1 ; // Fast moving average period
Input ENUM_MA_METHOD FastMA type = mode_EMA ; // Average value of fast MA
Enter ENUM_APPLIED_PRICE fast price = PRICE_CLOSE ; // price of fast MA
Input unit slow MAP period = 2 ; // slow MA period
Input ENUM_MA_METHOD SlowMAType= mode_EMA ; // average of slow MA
Enter ENUM_APPLIED_PRICE slow MAP price = PRICE_CLOSE ; // price of slow MA

//---- Settings for indicator visual display
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 the autumn symbol
Input color IndName_Color=Dark Orchid; // Color of indicator name
Input unit symbol_size = 60 ; // size of signal symbol
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 ; // corner
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 EMA_Prediction_HTF_Signal indicators on one chart, each indicator should have its own Symbols_Sirname (indicator label name) string variable value.

Place the indicator compilation file EMA_Prediction.mq5 into terminal_data_folder\MQL5\Indicators\ of the client.

Figure 1. Trend continuation signal based on EMA_Prediction_HTF_Signal indicator data

Figure 2. Position opening signal based on EMA_Prediction_HTF_Signal data

Attachment download

📎 ema_prediction.mq5 (7.77 KB)

📎 ema_prediction_htf_signal.mq5 (14.7 KB)

Source: MQL5 #1938