Unlocking Trading Success with METRO_WPR_HTF_Signal for MetaTrader 5

The METRO_WPR_HTF_Signal indicator is a game changer for traders using METRO_WPR_Sign. It visually displays the trend direction or trade signals right on your chart, making it easier to spot opportunities. Plus, it sends alerts and sound notifications when it’s time to make your move.

When the trend is strong at the selected bar, the indicator will show a round steering wheel graphic in a color that matches the trend direction. If the trend shifts, you’ll see a diagonal arrow that indicates the new trade direction. It’s straightforward and user-friendly!

Input Parameters Breakdown

• Parameters for METRO_WPR_Sign Indicator:
  

  //+------------------------------------------------+
  //|  Indicator input parameters                      |
  //+------------------------------------------------+
  input string Symbol_=""; // Financial asset
  input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Timeframe for indicator calculations
  input uint PeriodWPR=7; // Indicator period
  input uint StepSizeFast=5; // Fast step size
  input uint StepSizeSlow=15; // Slow step size

• Visualization Parameters:

  //---- Indicator display settings
  input uint SignalBar=0; // Bar number for signals (0 = current bar)
  input string Symbols_Sirname=INDICATOR_NAME"_Label_"; // Indicator label names
  input color Upsymbol_Color=clrDarkTurquoise; // Uptrend color
  input color Dnsymbol_Color=clrDarkOrange; // Downtrend color
  input color IndName_Color=clrDarkOrchid; // Indicator name color
  input uint Symbols_Size=60; // Size of signal symbols
  input uint Font_Size=10; // Font size for indicator name
  input int X_1=5; // Horizontal offset for name
  input int Y_1=-15; // Vertical offset for name
  input bool ShowIndName=true; // Show indicator name
  input ENUM_BASE_CORNER WhatCorner=CORNER_RIGHT_UPPER; // Display corner
  input uint X_=0; // Horizontal offset
  input uint Y_=20; // Vertical offset

• Alert and Sound Notification Parameters:

  //---- Alerts settings
  input ENUM_ALERT_MODE alert_mode=OnlySound; // Alert options
  input uint AlertCount=0; // Number of alerts generated

If you’re using multiple METRO_WPR_HTF_Signal indicators on the same chart, remember that each one needs a unique Symbols_Sirname setting for the labels. Also, don't forget to have the compiled METRO_WPR.mq5 file in your <terminal_data_folder>\MQL5\Indicators\ directory.

Figure 1. The METRO_WPR_HTF_Signal indicator: A signal of trend continuation

Fig. 2. The METRO_WPR_HTF_Signal indicator: Signal for trade

Related Posts

• Mastering the Open Range Breakout Indicator for MetaTrader 5
• Mastering the Fibonacci ZigZag Indicator for MetaTrader 5
• Unlocking the Power of Multi-Timeframe Tymen STARC Bands for MetaTrader 5
• Unlock Trading Success with the AFL_Winner_HTF_Signal Indicator for MetaTrader 5
• Unlocking Trading Potential with XDPO_HTF_Signal for MetaTrader 5