ElderImpulseSystem HTF Signal

ElderImpulseSystem HTF Signal


ElderImpulseSystem_HTF_Signal displays trend directions from the last bars of the ElderImpulseSystem as a sequence of graphical objects colored according to a trend direction. The number of bars to be used is set in the input parameters. Red color shows a descending trend, while lime color signals about an ascending one. Blue color is used in case there are no trend signals.

Indicator input parameters:

A timeframe and a name of a financial asset used for the indicator calculation can be changed by the indicator appropriate input parameters. If Symbol_ (financial asset) input parameter is empty, the current chart symbol shall be used as a financial asset.

All input parameters can be divided into two large groups:

  1. ElderImpulseSystem indicator input parameters:
    //|  Indicator input parameters       |
    input string Symbol_="";                   // Financial instrument
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Indicator timeframe for the indicator calculation
    input int ma_period=13;                    // MA period
    input int fast_ema_period=12;              // MACD fast line period 
    input int slow_ema_period=26;              // MACD slow line period
    input int signal_period=9;                 // MACD signal line period
  2. ElderImpulseSystem_Signal indicator input parameters that are necessary for the indicator visualization:
    //---- indicator display settings
    input string Symols_Sirname="ElderImpulseSystem_Label_"; // Indicator labels name
    input uint  BarTotal=4;                                  // Number of displayed bars
    input color UpSymbol_Color=SpringGreen;                  // Growth symbol color
    input color FlSymbol_Color=Blue;                         // Flat symbol color
    input color DnSymbol_Color=Red;                          // Downfall symbol color
    input color IndName_Color=DarkOrchid;                    // Indicator name color
    input uint Symbols_Size=34;                              // Signal symbols size
    input uint Font_Size=15;                                 // Indicator name font size
    input int Xn=5;                                          // Horizontal shift of the name
    input int Yn=-20;                                        // 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_=30;                                        // Vertical shift

In case several ElderImpulseSystem_Signal are to be used on one chart, each of them should have its own Symbols_Sirname (indicators labels names) string variable value.

Place the ElderImpulseSystem indicator compiled file to the terminal_data_folder\MQL5\Indicators\.


MT5 Indicator – Download Instructions

ElderImpulseSystem HTF Signal is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

ElderImpulseSystem HTF Signal provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install ElderImpulseSystem HTF Signal.mq5?

  • Download ElderImpulseSystem HTF Signal.mq5
  • Copy ElderImpulseSystem HTF Signal.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on ElderImpulseSystem HTF Signal.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator ElderImpulseSystem HTF Signal.mq5 is available on your Chart

How to remove ElderImpulseSystem HTF Signal.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

ElderImpulseSystem HTF Signal

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