Unlocking Trading Success with the QQE_HTF_Signal Indicator for MetaTrader 5

Are you looking to enhance your trading strategies? The QQE_HTF_Signal indicator for MetaTrader 5 might just be the tool you need. This nifty indicator provides clear insights into trend directions and signals generated by the QQESign indicator. You’ll get a visual representation of trends right on your chart, complete with colored signals that indicate whether to buy or sell. Plus, it can alert you with audio signals, ensuring you never miss a beat!

When the trend continues at the selected bar, the indicator displays a right arrow, with the color indicating the trend’s direction. If the trend changes, a diagonal arrow pops up, showing both the color and direction for your next deal. It’s all about making your trading decisions easier!

Let’s break down the input parameters into three main groups:

1. QQESign Input Parameters:
   

   input string Symbol_="";                               // Financial asset
   input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;             // Indicator timeframe for calculation
   input uint RSI_Period=123;
   input uint SF=41;
   input double DARFACTOR=4.236;
   input Smooth_Method XMA_Method=MODE_SMA;               // Method of averaging
   input int XPhase=15;                                   // Smoothing parameter
   input ENUM_APPLIED_PRICE   RSIPrice=PRICE_CLOSE;
   

2. Visualization Parameters:
   

   //---- indicator display settings
   input uint SignalBar=0;                                // Bar number for getting a signal (0 - current bar)
   input string Symbols_Sirname=INDICATOR_NAME"_Label_";  // Indicator labels names
   input color Upsymbol_Color=clrRoyalBlue;               // Uptrend symbol color
   input color Dnsymbol_Color=clrDeepPink;                // 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;                           // Indicator name display
   input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Display corner
   input uint X_=0;                                       // Horizontal offset
   input uint Y_=20;   
   

3. Alert and Audio Signal Parameters:
   

   //---- alerts settings
   input ENUM_ALERT_MODE alert_mode=OnlySound;  // Indicator triggering option
   input uint AlertCount=0;                     // Number of alerts

If you want to use multiple QQE_HTF_Signal indicators on the same chart, make sure each one has its own unique Symbols_Sirname for the indicator label names. This way, you'll avoid any mix-ups!

Don’t forget, this indicator requires the compiled QQESign.mq5 file. Be sure to place it in <terminal_data_folder>\MQL5\Indicators\ to get it up and running smoothly.

Fig.1. QQE_HTF_Signal. Signal of trend continuation

Fig.2. QQE_HTF_Signal. Signal for a deal