PPO Sign.mq5
PPO Sign.mq5 is an indicator for MetaTrader 5 from the Old Kings collection. Its source code uses ATR. It draws arrows on the chart and can send alerts. It has 11 settings, for example Fast Method (default MODE_T3), Fast Length (default 12) and Fast Phase (default 15). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About PPO Sign.mq5
PPO Sign.mq5 is an indicator for MetaTrader 5 based on ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 11 settings, such as Fast method, Fast length and Fast phase. MQL source code included.
Files in the download: mql5\Include\SmoothAlgorithms.mqh, PPO_Sign.mq5, picture__45.png, red this.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast method | MODE_T3 | |
| Fast length | 12 | |
| Fast phase | 15 | , |
| Slow method | MODE_T3 | |
| Slow length | 26 | |
| Slow phase | 15 | , |
| Sign method | MODE_T3 | |
| Sign length | 9 | |
| Sign phase | 15 | , |
| IPC | PRICE_CLOSE_ | |
| Shift | 0 | Bar shift (0 = current bar) |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · Alerts · ATR · MT5 Indicator · MQL5 Source Code