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MetaTrader 5 Indicator | Alpha Trend Spotter Price Action

Real author: Andy Ismail

Semaphore signal indicator based on the price action strategy looking for the strongest intraday trend, which can notify about trend change by generating an alert, sending an email or a push notification to a mobile device.

//+----------------------------------------------+
//| Indicator input parameters                   |
//+----------------------------------------------+
input int iPeriod=3;
input uint NumberofBar=1;    //Bar number to generate a signal
input bool SoundON=true;     //Enable alert
input uint NumberofAlerts=2; //Number of alerts
input bool EMailON=false;    //Enable notification about signal by an email
input bool PushON=false;     //Enable notification about signal by push

This indicator was first implemented in MQL4 and was published in CodeBase on 04.01.2016.

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Fig1. The Alpha Trend Spotter Price_Action indicator

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