The NRTR_HTF_Signal is a powerful tool designed to help traders identify trend directions and make informed decisions. This nifty indicator generates signals based on the NRTR_Sign indicator, presenting them as graphic objects on your chart. It not only indicates the trend visually with color-coded arrows but also sends alerts or audio notifications when it's time to enter the market.
When the trend continues at the selected bar, you'll see a right arrow that matches the trend direction in color. Conversely, if there's a trend change, the indicator will display a diagonal arrow, with its color and direction also indicating the trade direction.
To make the most of the NRTR_HTF_Signal, let's break down its input parameters into three main categories:
- NRTR_Sign Indicator Input Parameters:
//+------------------------------------------------+ //| Indicator input parameters | //+------------------------------------------------+ input string Symbol_=""; // Financial asset input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Indicator timeframe for calculation input uint iPeriod=10; // Indicator period input int iDig=0; // Digits
- Input Parameters for Indicator Visualization:
//---- indicator display settings input uint SignalBar=0; // Bar number for getting a signal (0 - current bar) input string Symbols_Sirname=INDICATOR_NAME"_Label_"; // Indicator label names input color UpSymol_Color=Lime; // Growth symbol color input color DnSymol_Color=Magenta; // Fall 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; // Indicator name display input ENUM_BASE_CORNER WhatCorner=CORNER_RIGHT_UPPER;// Display corner input uint X_=0; // Horizontal offset input uint Y_=20 // Vertical offset
- Input Parameters for Alerts and Audio Signals:
//---- alerts settings input ENUM_ALERT_MODE alert_mode=OnlySound; // Indicator triggering option input uint AlertCount=0; // Number of generated alerts
If you plan to use multiple NRTR_HTF_Signal indicators on a single chart, make sure to assign each a unique Symbols_Sirname value for the indicator labels.
To get started, simply place the compiled file NRTR_Sign.mq5 into your terminal's data folder under MQL5/Indicators.
Fig.1. NRTR_HTF_Signal. Signal of trend continuation
Fig.2. NRTR_HTF_Signal. Signal for a deal
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