Trend Arrows Sign.mq5
From the Old Kings archive: Trend Arrows Sign.mq5, an indicator for MetaTrader 5. Judging by its name, it is built around following the trend and buy / sell signals on the chart. In the code it works with ATR. It draws arrows on the chart. It has 3 settings, for example i Period (default 15), i Full Periods (default 1) and Shift (default 0). 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 Trend Arrows Sign.mq5
Trend Arrows Sign.mq5 is an indicator for MetaTrader 5 based on ATR. It draws buy and sell arrows on the chart. It has 3 settings, such as I period, I full periods and Shift. MQL source code included.
Files in the download: trend_arrows_sign.mq5, picture.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) |
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 · ATR · MT5 Indicator · MQL5 Source Code