Silver Trend Signal
Silver Trend Signal — a MetaTrader 5 indicator kept in the Old Kings collection. Judging by its name, it is built around following the trend and buy / sell signals on the chart. It draws arrows on the chart and can send alerts. It has 3 settings, for example SSP (default 9), RISK (default 3) and Numberof Alerts (default 2). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Silver Trend Signal
Silver Trend Signal is an indicator for MetaTrader 5. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 3 settings, such as SSP, RISK and Numberof alerts. MQL source code included.
Files in the download: SilverTrend_Signal.mq5.
Settings
| Setting | Default | What it does |
|---|---|---|
| SSP | 9 | |
| RISK | 3 | Risk per trade (percent of balance) |
| Numberof alerts | 2 | Turn this alert on or off |
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 · Trend · Alerts · MT5 Indicator · MQL5 Source Code