UltraWPR_HTF_Signal_BG – indicator MetaTrader 5

UltraWPR_HTF_Signal_BG shows information about trend direction based on the data of the UltraWPR indicator on a selected bar as a graphic object with a colored indication of trend or deal direction and gives alerts or audio signals and sends push notifications on the smartphone if signal to conduct a deal appears.

A graphic object is represented as a colored background. The background has four colors. Pale colors indicate trend continuation and bright colors indicate a signal to trade.

The indicator sends alerts and push notifications only if the value of the input parameter:

input uint SignalBar=0;   // The bar number to get a signal (0 - current bar)

is greater than one. For the zero bar sound signals and Push-notifications are useless because the signal of the indicator on the zero bar can change and disappear!

All input parameters can be divided into three large groups:

1. Input parameters for drawing a session:
   

   //+------------------------------------------------+ 
   //| Session drawing input parameters               |
   //+------------------------------------------------+
   input bool   SessionDrawOff=false;              // Show session in a non-session period 
   input string SessionSirName="Asian";            // Session name
   input Hour   StartHour=H00;                     // Session start hour
   input Min    StartMinute=M00;                   // Session start minute
   input uint   SessionTime=480;                   // Session duration in minutes
   input color Up_Color=clrPaleTurquoise;          // Color of growth
   input color Buy_Color=clrLime;                  // Color of Buy
   input color Sell_Color=clrDeepPink;             // Color of fall
   input color Dn_Color=clrLightPink;              // Color of Sell

2. Input parameters of UltraWPR:

   //+------------------------------------------------+ 
   //|  Indicator input parameters                    |
   //+------------------------------------------------+ 
   input string Symbol_="";                    // Financial instrument
   input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;  // Indicator timeframe for indicator calculation
   input int WPR_Period=13;                    // Period of the WPR indicator
   //---
   input Smooth_Method W_Method=MODE_JJMA;     // Method of averaging
   input int StartLength=3;                    // Starting period of averaging
   input int WPhase=100;                       // Period of averaging (-100..+100)
   //---  
   input uint Step=5;                          // Period change step
   input uint StepsTotal=10;                   // Number of period changes
   //---
   input Smooth_Method SmoothMethod=MODE_JJMA; // Smoothing method
   input int SmoothLength=3;                   // Smoothing depth                    
   input int SmoothPhase=100;                  // Parameter of smoothing (-100..+100)

3. The input parameters of the UltraWPR_HTF_Signal_BG indicator required for the indicator visualization:

   //---- indicator visualization settings
   input uint SignalBar=0;                                // Bar number to receive a signal (0 - current bar)
   input string Symbols_Sirname=INDICATOR_NAME"_Label_";  // a name for the indicator labels
   input color IndName_Color=DarkOrchid;                  // color of the indicator name
   input uint Font_Size=10;                               // Font size of the indicator name
   input int X_1=5;                                       // Horizontal shift of the name
   input int Y_1=-15;                                     // Vertical shift of the name
   input bool ShowIndName=true;                           // Show the indicator name
   input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Location corner

4. Input parameters of the UltraWPR_HTF_Signal indicator that are necessary for producing alerts and audio signals:
   

   //---- Settings of alerts
   input ENUM_ALERT_MODE alert_mode=OnlySound;  // Option of triggering indication
   input bool Push=true;                        // Allow push notifications
   input uint AlertCount=0;                     // Number of produced alerts

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

Place the indicator compiled file UltraWPR.mq5 to the terminal_data_folder\MQL5\Indicators\ of the client terminal.

Fig. 1. A signal of trend continuation based on the data of the UltraWPR_HTF_Signal_BG indicator 

Fig. 2. A signal to open a position based on the data of UltraWPR_HTF_Signal_BG