Home Technical Indicator Post

Unlock Trading Success with Skyscraper_Fix_x10 Indicator for MetaTrader 5

Attachments
22313.zip (9.06 KB, Download 0 times)

Hey fellow traders! If you're looking for a solid indicator to enhance your trading strategy, let me introduce you to the Skyscraper_Fix_x10. This nifty tool shows you the trend direction by pulling signals from ten different timeframes, making it a versatile addition to your trading arsenal.

Here's how it works: a trend continuation is indicated with a right arrow, while a reversal is highlighted with a diagonal arrow pointing up or down. This dual signaling can really help you time your entries and exits!

Customizing Your Skyscraper_Fix_x10

  • Timeframes: You can select from various timeframes including H1, H2, H3, H4, H6, H8, H12, D1, W1, and MN1, ensuring you find the perfect fit for your trading style.
  • Signal Bar: You can decide which bar to receive signals from, giving you flexibility based on your trading approach.
  • Indicator Parameters: Adjust the Length for the ATR period and the sensitivity factor for more tailored signals.
//+----------------------------------------------+
//| Indicator input parameters                    |
//+----------------------------------------------+
input ENUM_TIMEFRAMES TimeFrame0=PERIOD_H1;           //chart 1 period
input ENUM_TIMEFRAMES TimeFrame1=PERIOD_H2;           //chart 2 period
input ENUM_TIMEFRAMES TimeFrame2=PERIOD_H3;           //chart 3 period
input ENUM_TIMEFRAMES TimeFrame3=PERIOD_H4;           //chart 4 period
input ENUM_TIMEFRAMES TimeFrame4=PERIOD_H6;           //chart 5 period
input ENUM_TIMEFRAMES TimeFrame5=PERIOD_H8;           //chart 6 period
input ENUM_TIMEFRAMES TimeFrame6=PERIOD_H12;          //chart 7 period
input ENUM_TIMEFRAMES TimeFrame7=PERIOD_D1;           //chart 8 period
input ENUM_TIMEFRAMES TimeFrame8=PERIOD_W1;           //chart 9 period
input ENUM_TIMEFRAMES TimeFrame9=PERIOD_MN1;          //chart 10 period
input uint SignalBar=1;                               //Bar number to receive a signal (0 - current bar)
//---- Skyscraper_Fix parameters
input uint    Length=10;                              //ATR period
input double  Kv=0.9;                                 //Indicator sensitivity factor
input double  Percentage=0;                           //Middle line approaching the extreme lines
input Method  HighLow=MODE_HighLow;                   //Indicator calculation by High/Low or Close
//---- Indicator drawing parameters
input color  CpColor=clrBlueViolet;                   //indicator name color
input color  BuyColor=clrLimeGreen;                   //Buy signal color
input color  UpColor=clrTeal;                         //upward trend continuation color
input color  DnColor=clrPurple                       //downward trend continuation color
input color  SellColor=clrRed                        //Sell signal color
input int    FontSize=15;                             //font size
input type_font FontType=Font14;                      //font type
input ENUM_BASE_CORNER  WhatCorner=CORNER_LEFT_LOWER; //location corner
input uint Y_=20                                     //vertical location
input uint X_=5                                      //horizontal location
//+----------------------------------------------+

To set up the Skyscraper_Fix_x10, you'll need to add the Skyscraper_Fix.ex5 file to your <terminal_data_directory>\MQL5\Indicators folder. Don’t forget, the GetFontName.mqh file should be in the <terminal_data_directory>\MQL5\Include folder for compilation.

Fig. 1. Skyscraper_Fix_x10

Fig. 1. Skyscraper_Fix_x10

Related Posts

Comments (0)