Parabolic HTF Signal

Parabolic HTF Signal


Parabolic_HTF_Signal shows a trend direction or a signal for performing a deal generated by Color_Parabolic indicator at the chosen bar as a graphic object with colored trend indication or deal direction and sends alerts or audio signals in case of a market entry moment.

In case a trend continues at the selected bar, the indicator alerts by a graphic object in the form of the filled circle, the color of which corresponds to a trend direction. In case a trend has changed at the selected bar, the indicator alerts by the arrow, color and direction of which correspond to a performed deal direction.

All input parameters can be divided into three large groups:

  1. Color_Parabolic indicator input parameters:
    input string Symbol_="";                  // Financial asset
    input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;// Indicator calculation timeframe
    input double Step=0.02;                   // Step
    input double Maximum=0.2;                 // Maximum
  2. Parabolic_HTF_Signal indicator input parameters that are necessary for the indicator visualization:
    //---- indicator display settings
    input uint SignalBar=0;                          // Signal bar index, 0 is a current bar
    input string Symbols_Sirname="Parabolic_Label_"; // Indicator labels names
    input color Up1Symbol_Color=BlueViolet;          // Symbol color for long
    input color UpSymbol_Color=MediumBlue;           // Growth symbol color
    input color DnSymbol_Color=Red;                  // Downfall symbol color
    input color Dn1Symbol_Color=DeepPink;            // Symbol color for short
    input color IndName_Color=DarkOrchid;            // 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 shift of the name
    input int Y_1=-15;                               // 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_=20;                                // Vertical shift
  3. Parabolic_HTF_Signal indicator input parameters that are necessary for triggering alerts and audio signals:
    //---- alerts settings
    input ENUM_ALERT_MODE alert_mode=OnlySound;  // Actuation indication version
    input uint AlertCount=0;                     // Number of submitted alerts

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

Place the Color_Parabolic.mq5 indicator compiled file to the terminal_data_folder\MQL5\Indicators.


MT5 Indicator – Download Instructions

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

Parabolic 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 Parabolic HTF Signal.mq5?

  • Download Parabolic HTF Signal.mq5
  • Copy Parabolic 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 Parabolic HTF Signal.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Parabolic HTF Signal.mq5 is available on your Chart

How to remove Parabolic 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:

Parabolic HTF Signal

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