The Awesome HTF Signal indicator is a powerful tool designed for MetaTrader 5, providing you with clear trend directions and insightful trading signals. Built on the Awesome Sign indicator, it generates visual cues that help you identify optimal market entry points.
When a prevailing trend continues at the selected bar, the indicator will alert you with a graphic representation resembling a steering wheel, color-coded to reflect the trend direction. Conversely, if there’s a shift in the trend, you’ll see a diagonal arrow that indicates the new deal direction.
Let’s break down the input parameters you need to know:
- Awesome Sign Indicator Parameters:
//+------------------------------------------------+ //| Indicator input parameters | //+------------------------------------------------+ input string Symbol_=""; // Financial asset input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Timeframe for calculations input Smooth_Method XMA_Method=MODE_SMA; // Averaging method for Awesome histogram input int Fast_XMA = 5; // Fast moving average period input int Slow_XMA = 34; // Slow moving average period input int XPhase = 100; // Averaging parameter for moving averages input Smooth_Method Signal_Method=MODE_SMA; // Method for signal line averaging input int Signal_XMA=5; // Signal line period input int Signal_Phase=100; // Parameter for signal line input Applied_price_ AppliedPrice=PRICE_CLOSE; // Price constant
- Visualization Parameters:
//---- Display settings for the indicator 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=clrDodgerBlue; // Uptrend symbol color input color Dnsymbol_Color=clrMagenta; // Downtrend symbol 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; // Display 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 Audio Signal Parameters:
//---- Alert settings input ENUM_ALERT_MODE alert_mode=OnlySound; // Alert trigger option input uint AlertCount=0; // Number of alerts
If you’re planning to use multiple Awesome HTF Signal indicators on a single chart, make sure each has its own unique Symbols_Sirname to avoid confusion with labels.
Keep in mind that this indicator requires the compiled Awesome_Sign.mq5 file placed in your <terminal_data_folder>\MQL5\Indicators\ directory.
Figure 1. The Awesome HTF Signal indicator A signal of trend continuation
Fig. 2. The Awesome HTF Signal indicator Signal for trade
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