Harami MA RS I MA C D
This software component for MetaTrader 4 is built to enhance the capabilities of your trading environment. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use Harami MA RS I MA C D
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
I added a Candle to the Harami Pattern, the results in
trend
direction are convincing.
default-settings = "Harami" only
MA and RSI and MACD are for experimental use
all filters can be used alone or combined
best results each for its own
Timeframes: all
Input parameters
barsToProcess
=5000 - the number of periods of the chart, that are involved, if you use a M15 chart, one day only - 200 should be enough
Alert_On
- to get the alert on your screen
MA_filter
=false - false= the MA-settings are not active // true= the MA-settings are working
RSI_filter
=false - false= the RSI-settings are not active // true= the RSI-settings are working
MACD_filter
=false - false= the MACD-settings are not active // true= the MACD-settings are working
One_Candle_before
=false - false= the last candle before the pattern is not involved // true= the last candle before the pattern is involved and must have the same direction as the first pattern-candle
Trend_MA
=12
MA_shift
=0
MA_Mode
=Exponential
MA_price
=High price
RSI_Period
=5
RSI_upper_level
=70
RSI_lower_level
=30
MACD_fast_EMA
=12
MACD_slow_EMA
=26
MACD_SMA
=9