RJ T X Matches Smoothed Alert
This software component for MetaTrader 5 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 RJ T X Matches Smoothed Alert
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
Rafael Jimenez Tocino
New input variables are added to the indicator inputs
Three new functions have been added to the end of the indicator: BuySignal(), SellSignal(), and GetStringTimeframe()
A couple of calls to functions BuySignal() and SellSignal() has been added following the indicator calculation cycles in block OnCalculate()
Where BuyBuffer and SellBuffer are the names of the indicator buffers for storing the buy and sell signals. Either zeros or EMPTY_VALUE must be added to indicator buffers as empty values.
Only one call to each of functions BuySignal() and SellSignal() is assumed to be used in the indicator code in block OnCalculate().
The indicator uses the classes of library SmoothAlgorithms.mqh (to be copied to the <terminal_data_directory>\MQL5\Include folder). The use of the classes was thoroughly described in article .
This indicator was first implemented in MQL4 and published in the on December 23, 2015.
Fig.1. RJTX_Matches_Smoothed_Alert indicator on the chart
Fig. 2. Indicator RJTX_Matches_Smoothed_Alert. Alerting
