Sampler
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 Sampler
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
The indicator (i_Sampler.mq5) calculates perfect market entry signals, which can be used for neural network training.
It has two buffers:
buffer 0 (green line) - analog signal, calculated as a ratio of the positive/negative price change (normalized to range [-1, +1]) during bars_future bars forward;
buffer 1 (two-color histogram) discrete signal, the values are: -1(sell), 0(wait), +1(buy).
The discrete signal can be calculated 2 different methods:
method 1: the signal appears when analog signal became greater than threshold, specified by porog input parameter;
method 2: the signal appears when TP/SL conditions are satisfied.
The e_CheckSampler.mq5 Expert Advisor is created for checking of the indicator values.
The Expert Advisor uses the data from file, created by indicator.
