waddah attar trend alert
Info
The waddah attar trend alert is a Indicator for MetaTrader 5 that introduced new input parameters added a couple of calls to buysignal() and sellsignal() functions after the indicator calculation cycles in the oncalculate() block //--- buysignal("waddah_attar_trend_alert",colorindbuffer,0,rates_total,prev_calculated,close,spread); sellsignal("waddah_attar_trend_alert",colorindbuffer,1,rates_total,prev_calculated,close,spread); //--- where colorindbuffer is a name of a color index buffer for storing a line color as an index, while 0 and 1 are the numbers of colors in the color index buffer. it is assumed that the only one call to the buysignal() and sellsignal() functions will be used in the oncalculate() block of the indicator code.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
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 waddah attar trend 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.
What this tool does
introduced new input parameters added a couple of calls to buysignal() and sellsignal() functions after the indicator calculation cycles in the oncalculate() block //--- buysignal("waddah_attar_trend_alert",colorindbuffer,0,rates_total,prev_calculated,close,spread); sellsignal("waddah_attar_trend_alert",colorindbuffer,1,rates_total,prev_calculated,close,spread); //--- where colorindbuffer is a name of a color index buffer for storing a line color as an index, while 0 and 1 are the numbers of colors in the color index buffer.
Typical Use Case
This Indicator excels in trend following 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: Waddah Attar Explosion Indicator - another powerful indicator for MetaTrader 5 traders.
introduced new input parameters
added a couple of calls to buysignal() and sellsignal() functions after the indicator calculation cycles in the oncalculate() block //--- buysignal("waddah_attar_trend_alert",colorindbuffer,0,rates_total,prev_calculated,close,spread); sellsignal("waddah_attar_trend_alert",colorindbuffer,1,rates_total,prev_calculated,close,spread); //---
Also recommended: Waddah Attar Fibonacci Indicator - similar indicator with strong performance on MetaTrader 5.
where colorindbuffer is a name of a color index buffer for storing a line color as an index, while 0 and 1 are the numbers of colors in the color index buffer.it is assumed that the only one call to the buysignal() and sellsignal() functions will be used in the oncalculate() block of the indicator code.
the indicator uses smoothalgorithms.mqh library classes (copy it to <terminal_data_folder>\mql5\include). the use of the classes was thoroughly described in the article .
fig.1. waddah_attar_trend_alert indicator on the chart
fig.2. waddah_attar_trend_alert indicator. generating alerts
You may also like: Waddah Attar Def RSI - excellent alternative for indicator users on MetaTrader 5.
Source Code
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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.