JFATL HT Indicator

JFATL HT Indicator
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JFATL HT Indicator

Info

The JFATL HT Indicator is a Indicator for MetaTrader 5 that the jfatl ht indicator is a hybrid of digital and analog filters that displays larger timeframe values at a smaller one in a completely minimized way and is located in a separate chart window. Indicator OverviewThe indicator uses only the direction of the current trend.

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 JFATL HT 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 JFATL HT indicator is a hybrid of digital and analog filters that displays larger timeframe values at a smaller one in a completely minimized way and is located in a separate chart window.

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: Previous Day High, Low, and Close Indicator - another powerful indicator for MetaTrader 5 traders.

The JFATL HT indicator is a hybrid of digital and analog filters that displays larger timeframe values at a smaller one in a completely minimized way and is located in a separate chart window.

Also recommended: Quantora ADR Calculator MT5 - Professional Average Daily Range Indicator for MetaTrader 5 - similar indicator with strong performance on MetaTrader 5.


Indicator Overview

The indicator uses only the direction of the current trend. It calculates its values using larger timeframes and rewrites its readings on the number of bars equivalent to the larger timeframe bar size.

Calculation Method

The indicator is calculated using the following formula:
where fatl() is the digital filter value, jma() is the adaptive smoothing algorithm, and price[] is the price series value. The bar index is also taken into account.

Additional Features

The indicator uses additional JMA smoothing to prevent it from actuating at each random market movement.

Installation Instructions

To use the indicator, place the compiled file in the terminal_data_folder\mql5\indicators\ directory. The JFATL indicator uses the CJJMA class of the SmoothAlgorithms.mqh library. For more information on working with this class, please refer to the relevant documentation, updated in 2026.

You may also like: Session High-Low Indicator for MetaTrader - excellent alternative for indicator users on MetaTrader 5.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.00"
#property indicator_separate_window 
#property indicator_buffers 2 
#property indicator_plots   1
#define reset 0                         // the constant for getting the command for the indicator recalculation back to the terminal
#define indicator_name "jfatl htf baby" // the constant for the indicator name
#property indicator_type1   draw_color_section
#property indicator_color1  gray,magenta,yellow

.......

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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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.