GH L A ST Bar
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 GH L A ST Bar
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
Gann HiLo Activator/SuperTrend Bar signal indicator is based on and indicators.
It has four inputs:
GHLA period
- Gunn HiLo Activator calculation period
SuperTrend period
- SuperTrend calculation period
SuperTrend shift
- SuperTrend line shift relative to the price
Use SuperTrend filter
- use the trend filter in SuperTrend (Yes/No)
Gunn HiLo Activator and SuperTrend are not required. They are calculated by the indicator independently.
If both Gunn HiLo Activator and SuperTrend indicators show an uptrend, the green label is setIf both indicators show a downtrend, the red label is set In any other cases, the gray label is placed.
