UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5

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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.

MT5 Indicators – Download Instructions

UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5 is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5 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. Click here for MT5 Strategies

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How to install UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5.mq5 to your MetaTrader 5 Chart?

  • Download UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5.mq5
  • Copy UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5.mq4 is available on your Chart

How to remove UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

UltraWPR_HTF_Signal_BG – indicator for MetaTrader 5 (Free Download)

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