Mastering the Ozymandias_HTF_Signal Indicator for MetaTrader 5

Hey there, fellow traders! Today, we’re diving into the Ozymandias_HTF_Signal indicator, a fantastic tool for MetaTrader 5 that helps you identify trend directions and signals with ease. This indicator works hand-in-hand with the OzymandiasSign indicator, presenting graphical objects that indicate whether the trend is moving up or down, and even triggers alerts with audio signals.

When the trend is strong at your selected bar, you’ll see a right arrow pop up, colored to match the trend's direction. If the trend reverses, you'll spot a diagonal arrow that reflects the new direction of the deal.

Setting Up Your Indicator

All input parameters for the Ozymandias_HTF_Signal can be categorized into three main groups:

• OzymandiasSign Input Parameters:
  

  input string Symbol_="";  // Financial asset
  input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;  // Indicator timeframe for calculation
  input uint Length=2;
  input ENUM_MA_METHOD MAType=MODE_SMA;

• Visualization Settings:
  

  //---- Indicator visualization settings
  input uint SignalBar=0;  // Bar number for getting a signal (0 is the current bar)
  input string Symbols_Sirname=INDICATOR_NAME"_Label_"; // Indicator labels names
  input color UpSymol_Color=Lime;  // Uptrend symbol color
  input color DnSymol_Color=Magenta;  // Downtrend symbol color
  input color IndName_Color=DarkOrchid;  // Indicator name color
  input uint Symbols_Size=60;  // Signal symbols size
  input uint Font_Size=10;  // Indicator name font size
  input int X_1=5;  // Horizontal name offset
  input int Y_1=-15;  // Vertical name offset
  input bool ShowIndName=true;  // Displaying the indicator name
  input ENUM_BASE_CORNER WhatCorner=CORNER_RIGHT_UPPER; // The corner to display the symbol
  input uint X_=0;  // Horizontal offset
  input uint Y_=20;  // Vertical offset
  

• Alert and Audio Settings:
  

  //---- Alerts settings
  input ENUM_ALERT_MODE alert_mode=OnlySound;  // Option of triggering the indication
  input uint AlertCount=0;  // The number of alerts

If you plan on using multiple Ozymandias_HTF_Signal indicators on one chart, make sure each has its own unique Symbols_Sirname to avoid any mix-ups.

Just a heads up, you'll need to have the compiled indicator file OzymandiasSign.mq5 placed in your terminal's terminal_data_folder/MQL5/Indicators/ for everything to work smoothly.

Fig. 1. The Ozymandias_HTF_Signal indicator. A signal of trend continuation

Fig. 2. The Ozymandias_HTF_Signal indicator. A signal for a deal

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