Trend Arrows.mq5
Trend Arrows.mq5 is an indicator for MetaTrader 5 from the Old Kings collection. Its name points to following the trend and buy / sell signals on the chart. Its source code uses a trend filter. It draws arrows on the chart, can send alerts and can read another timeframe. It has 20 settings, for example i Period (default 15), i Full Periods (default 1) and Shift (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files 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 Trend Arrows.mq5
Trend Arrows.mq5 is an indicator for MetaTrader 5 based on Trend. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 20 settings, such as I period, I full periods and Shift. MQL source code included.
Files in the download: trend_arrows.mq5, trend_arrows_HTF_Signal.mq5, picture_1.png, picture_2.png, red this.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| I period | 15 | Period or timeframe used by the calculation |
| I full periods | 1 | Number of bars in the calculation |
| Shift | 0 | Bar shift (0 = current bar) |
| Symbol | ||
| Timeframe | PERIOD_H6 | Period or timeframe used by the calculation |
| Signal bar | 0 | (0 - ) |
| Symbols sirname | INDICATOR_NAME"_Label_ | |
| Upsymbol color | clrBlue | Colour on the chart |
| Dnsymbol color | clrRed | Colour on the chart |
| Ind name color | clrDarkOrchid | Colour on the chart |
| Symbols size | 60 | |
| Font size | 10 | |
| X 1 | 5 | |
| Y 1 | -15 | |
| Show ind name | true | |
| What corner | CORNER_RIGHT_UPPER | |
| X | 0 | |
| Y | 20 | |
| Alert mode | OnlySound | Turn this alert on or off |
| Alert count | 0 | 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 · Multi-Timeframe (MTF) · MT5 Indicator · MQL5 Source Code