CatFX50 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Signal arrow signal indicator steps Sto_v1 oscillator and its signal line drawn based on the EMA trend and reversal signals of the cross lines.

Place the StepSto_v1.ex5 compiled file into terminal_data_folder\MQL5\Indicators.

Indicator input parameters:

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Enter an integer to confirm_StepMA_Bars= 2 ; //Confirm the number of bars of the signal
Enter the hour count TradeTimeFrom=D00; //Start trading
Enter HourCount TradeTimeTo=D23; //Stop trading
input boolean alert_on = false ; //permission to send alerts
Enter double grams fast = 1.0000 ; Enter double grams slow = 1.0000 ; Enter units EMA_period = 50 ;

The indicator was first implemented in MQL4 and published in the code base of mql4.com on October 11, 2007.

Figure 1 CatFX50 indicator

Attachment download

📎 stepsto_v1.mq5 (9.81 KB)

📎 catfx50.mq5 (10.82 KB)

Source: MQL5 #1523