The BykovTrend_HTF_Signal is a fantastic tool for traders using MetaTrader 5, designed to visually indicate trend directions and generate alerts when it's time to make a move. This indicator leverages the powerful BykovTrend to display signals right on your chart, showing you when to enter the market with clear graphical cues.
When a trend is strong, you'll see a right arrow on your selected bar, colored to reflect the trend's direction. Conversely, if the trend shifts, the arrow will change color and direction to indicate the new trading opportunity. It's like having a trading buddy right there on your screen!
The input parameters for this indicator can be grouped into three categories:
- BykovTrend Indicator Input Parameters:
//+------------------------------------------------+ //| Indicator input parameters | //+------------------------------------------------+ input string Symbol_=""; // Financial asset input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Indicator timeframe for calculations input int RISK=3; input int SSP=9;
Visualization Parameters:
//---- indicator display settings input uint SignalBar=0; // Signal bar index, 0 is the current bar input string Symbols_Sirname=INDICATOR_NAME"_Label_"; // Indicator labels name input color UpSymol_Color=Lime; // Growth symbol color input color DnSymol_Color=Magenta; // Downfall 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 shift of the name input int Y_1=-15; // Vertical shift of the name input bool ShowIndName=true; // Indicator name display input ENUM_BASE_CORNER WhatCorner=CORNER_RIGHT_UPPER; // Location corner input uint X_=0; // Horizontal shift input uint Y_=20 // Vertical shift
Alert and Audio Signal Parameters:
//---- alerts settings input ENUM_ALERT_MODE alert_mode=OnlySound; // Alert indication type input uint AlertCount=0; // Number of alerts sent
If you plan to use multiple BykovTrend_HTF_Signal indicators on a single chart, make sure each one has a unique Symbols_Sirname to avoid any mix-ups.
To get started, simply place the compiled BykovTrend.mq5 file in your terminal_data_folder/MQL5/Indicators/ directory.


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