HLR HTF Signal Indicator
Info
The HLR HTF Signal Indicator is a Indicator for MetaTrader 5 that the hlr_htf_signal indicator provides visual and audio cues for trend analysis. It displays trend direction or signals as graphical objects with color-coded indications.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use HLR HTF Signal Indicator
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.
What this tool does
The HLR_HTF_Signal indicator provides visual and audio cues for trend analysis.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Line Master: Advanced Trend Lines with Change Signals - another powerful indicator for MetaTrader 5 traders.
The HLR_HTF_Signal indicator provides visual and audio cues for trend analysis. It displays trend direction or signals as graphical objects with color-coded indications. When the trend continues at the selected bar, a right arrow is shown, with its color indicating the trend direction. If the trend changes, a diagonal arrow appears, with its color and direction representing the deal direction.Also recommended: ICT Kill Zones Indicator: Asian, London, New York in New York Time (2026) - similar indicator with strong performance on MetaTrader 5.
Input parameters are categorized into three main groups:
- HLRSign input parameters
- Visualization parameters
- Alert and audio signal parameters
For multiple HLR_HTF_Signal indicators on a chart, ensure unique values for the symbols_sirname (indicator labels names) string variable. This indicator requires the compiled file HLRsign.mq5, which should be placed in
Fig. 1. HLR_HTF_Signal Indicator. Signal of Trend Continuation
Fig. 2. HLR_HTF_Signal Indicator. Signal for a Deal
You may also like: Spread Monitor Indicator for MetaTrader 5 - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.60"
#property indicator_chart_window
#property indicator_buffers 0
#property indicator_plots 0
#define indicator_name "hlr" //
#define reset 0 //
#define names_symbols_font "georgia" //
#define signal_symbols_font "wingdings 3" // .......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.