Boost Your Trading with ForexProfitBoost_2nb_HTF_Signal for MetaTrader 5

Mike 2015.04.11 00:49 31 0 0
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Are you looking for an edge in your trading? Meet the ForexProfitBoost_2nb_HTF_Signal indicator, designed to show you the trend direction or signals generated by the ForexProfitBoost_2nbSign indicator right at the selected bar. This handy tool not only visualizes market trends with colored arrows but also alerts you with audio signals when it’s time to act.

When the trend continues at your chosen bar, you'll see a right arrow pop up, colored to match the trend direction. If there’s a shift in the trend, the indicator will display a diagonal arrow, indicating both the color and direction of the trade you should consider.

Let’s break down the input parameters you need to know:

  • ForexProfitBoost_2nb Input Parameters:
    input string Symbol_="";           // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;         // Indicator timeframe for calculation
    //---- Moving Average 1 parameters
    input uint   MAPeriod1=7;
    input  ENUM_MA_METHOD   MAType1=MODE_EMA;
    input ENUM_APPLIED_PRICE   MAPrice1=PRICE_CLOSE;
    //---- Moving Average 2 parameters
    input uint   MAPeriod2=21;
    input  ENUM_MA_METHOD   MAType2=MODE_SMA;
    input ENUM_APPLIED_PRICE   MAPrice2=PRICE_CLOSE;
  • Visualization Settings:
    //---- Indicator visualization settings
    input uint SignalBar=0;           // Bar number for getting a signal (0 is the current bar)
    input string Symbols_Sirname=INDICATOR_NAME"_Label_";  // Indicator label names
    input color Upsymbol_Color=clrBlueViolet;         // Uptrend symbol color
    input color Dnsymbol_Color=clrMagenta;          // Downtrend symbol color
    input color IndName_Color=clrDarkOrchid;          // 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;           // Displaying the indicator name
    input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Corner for symbol display
    input uint X_=0;           // Horizontal offset
    input uint Y_=20;           // Vertical offset
  • Alert Settings:
    //---- Alert settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Indication trigger options
    input uint AlertCount=0;           // Number of alerts

If you want to use multiple instances of the ForexProfitBoost_2nb_HTF_Signal on the same chart, make sure each has its own unique Symbols_Sirname (indicator label name) to avoid any confusion.

Before you dive in, ensure that you have the compiled indicator file ForexProfitBoost_2nbSign.mq5 placed in your <terminal_data_folder>\MQL5\Indicators\ directory.

Fig. 1. The ForexProfitBoost_2nb_HTF_Signal indicator. A signal of trend continuation

Fig. 1. The ForexProfitBoost_2nb_HTF_Signal indicator. A signal of trend continuation

Fig. 2. The ForexProfitBoost_2nb_HTF_Signal indicator. A signal for a deal

Fig. 2. The ForexProfitBoost_2nb_HTF_Signal indicator. A signal for a deal

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