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Unlocking Trading Success with BykovTrend_HTF_Signal for MetaTrader 5

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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:

  1. 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;
  2. 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
    
  3. 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.

BykovTrend_HTF_Signal. Trend continuation signal

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